Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 2.06 is 13% above its 5-year average of 1.82, around the middle of its 5-year range (1.41–2.44).
As of the fiscal period ended Tuesday, March 31, 2026. 6.56% above its 12-month average of 1.93.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.06
QUICK RATIO (ACID-TEST) AVG TTM
1.93
QUICK RATIO (ACID-TEST) AVG 3Y
1.67
QUICK RATIO (ACID-TEST) AVG 5Y
1.82
QUICK RATIO (ACID-TEST) AVG 10Y
2.05
QUICK RATIO (ACID-TEST) AVG 15Y
2.07
QUICK RATIO (ACID-TEST) AVG 20Y
2.01
CURRENT VS TTM AVG
+6.56%
CURRENT VS 3Y AVG
+23.29%
CURRENT VS 5Y AVG
+13.31%
CURRENT VS 10Y AVG
+0.67%
CURRENT VS 15Y AVG
-0.41%
CURRENT VS 20Y AVG
+2.76%
SECTOR MEDIAN · INDUSTRIALS
1.17
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+76.20%
vs the sector median at left
Powell Industries, Inc.
Market Cap
$7.60B
Quick Ratio (Acid-Test)
2.06
TTM Avg
1.93
3Y Avg
1.67
5Y Avg
1.82
Market Cap
$7.56B
Quick Ratio (Acid-Test)
3.59
TTM Avg
3.14
3Y Avg
2.90
5Y Avg
2.96
Market Cap
$7.40B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.65
3Y Avg
0.65
5Y Avg
0.67
Market Cap
$7.01B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.80
3Y Avg
1.69
5Y Avg
1.60
Market Cap
$8.33B
Quick Ratio (Acid-Test)
0.94
TTM Avg
0.95
3Y Avg
1.04
5Y Avg
1.14
Market Cap
$8.39B
Quick Ratio (Acid-Test)
1.78
TTM Avg
1.79
3Y Avg
1.60
5Y Avg
1.67
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Powell Industries, Inc. (POWL) | $7.60B | 2.06 | 1.93 | 1.67 | 1.82 |
| AeroVironment, Inc. (AVAV)vs › | $7.56B | 3.59 | 3.14 | 2.90 | 2.96 |
| AGCO Corporation (AGCO)vs › | $7.40B | 0.67 | 0.65 | 0.65 | 0.67 |
| Arcosa, Inc. (ACA)vs › | $7.13B | 1.35 | 1.25 | 1.29 | 1.27 |
| Fluor Corporation (FLR)vs › | $7.01B | 1.91 | 1.80 | 1.69 | 1.60 |
| A. O. Smith Corporation (AOS)vs › | $8.33B | 0.94 | 0.95 | 1.04 | 1.14 |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $8.39B | 1.78 | 1.79 | 1.60 | 1.67 |
| Planet Labs PBC (PL)vs › | $6.82B | 1.64 | 1.88 | 2.59 | 2.62 |
| EnerSys (ENS)vs › | $6.78B | 1.76 | 1.75 | 1.63 | 1.67 |
| Pool Corporation (POOL)vs › | $6.77B | 0.59 | 0.55 | 0.58 | 0.60 |
Quick Ratio
2.06
Excludes inventory
Current Ratio
2.09
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-03-31 | 2.06 |
| 2025-12-31 | 2.08 |
| 2025-09-30 | 1.90 |
| 2025-06-30 | 1.85 |
| 2025-03-31 | 1.78 |
| 2024-12-31 | 1.70 |
| 2024-09-30 | 1.61 |
| 2024-06-30 | 1.55 |
| 2024-03-31 | 1.44 |
| 2023-12-31 | 1.41 |
| 2023-09-30 | 1.41 |
| 2023-06-30 | 1.44 |
| 2023-03-31 | 1.50 |
| 2022-12-31 | 1.64 |
| 2022-09-30 | 1.71 |
| 2022-06-30 | 1.91 |
| 2022-03-31 | 2.02 |
| 2021-12-31 | 2.24 |
| 2021-09-30 | 2.25 |
| 2021-06-30 | 2.44 |
| 2021-03-31 | 2.26 |
| 2020-12-31 | 2.22 |
| 2020-09-30 | 2.01 |
| 2020-06-30 | 1.87 |
| 2020-03-31 | 2.08 |
| 2019-12-31 | 1.93 |
| 2019-09-30 | 1.90 |
| 2019-06-30 | 1.99 |
| 2019-03-31 | 2.17 |
| 2018-12-31 | 2.21 |
| 2018-09-30 | 2.17 |
| 2018-06-30 | 2.32 |
| 2018-03-31 | 2.50 |
| 2017-12-31 | 2.61 |
| 2017-09-30 | 2.71 |
| 2017-06-30 | 2.65 |
| 2017-03-31 | 2.93 |
| 2016-12-31 | 2.61 |
| 2016-09-30 | 2.35 |
| 2016-06-30 | 2.33 |
| 2016-03-31 | 2.23 |
| 2015-12-31 | 2.10 |
| 2015-09-30 | 2.11 |
| 2015-06-30 | 1.96 |
| 2015-03-31 | 1.94 |
| 2014-12-31 | 2.01 |
| 2014-09-30 | 2.05 |
| 2014-06-30 | 2.54 |
| 2014-03-31 | 2.40 |
| 2013-12-31 | 2.16 |
| 2013-09-30 | 1.95 |
| 2013-06-30 | 2.01 |
| 2013-03-31 | 2.20 |
| 2012-12-31 | 2.58 |
| 2012-09-30 | 2.40 |
| 2012-06-30 | 2.12 |
| 2012-03-31 | 1.93 |
| 2011-12-31 | 2.05 |
| 2011-09-30 | 2.18 |
| 2011-06-30 | 2.12 |
| 2011-03-31 | 2.34 |
| 2010-12-31 | 2.42 |
| 2010-09-30 | 2.30 |
| 2010-06-30 | 2.28 |
| 2010-03-31 | 2.19 |
| 2009-12-31 | 2.04 |
| 2009-09-30 | 1.80 |
| 2009-06-30 | 1.62 |
| 2009-03-31 | 1.50 |
| 2008-12-31 | 1.38 |
| 2008-09-30 | 1.51 |
| 2008-06-30 | 1.40 |
| 2008-03-31 | 1.43 |
| 2007-12-31 | 1.48 |
| 2007-09-30 | 1.39 |
| 2007-06-30 | 1.59 |
| 2007-03-31 | 1.47 |
| 2006-12-31 | 1.60 |
| 2006-09-30 | 1.68 |
| 2006-07-31 | 2.01 |
| 2006-04-30 | 2.26 |
| 2006-01-31 | 2.31 |
| 2005-10-31 | 2.39 |
| 2005-07-31 | 2.33 |
| 2005-04-30 | 2.62 |
| 2005-01-31 | 2.74 |
| 2004-10-31 | 2.81 |
| 2004-07-31 | 3.11 |
| 2004-04-30 | 2.92 |
| 2004-01-31 | 2.89 |
| 2003-10-31 | 2.78 |
| 2003-07-31 | 2.75 |
| 2003-04-30 | 2.59 |
| 2003-01-31 | 2.26 |
| 2002-10-31 | 2.29 |
| 2002-07-31 | 2.15 |
