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 1.15 is in line with its 5-year average of 1.05, near the high end of its 5-year range (0.92–1.22).
As of the fiscal period ended Tuesday, June 30, 2026. 2.04% above its 12-month average of 1.13.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.15
QUICK RATIO (ACID-TEST) AVG TTM
1.13
QUICK RATIO (ACID-TEST) AVG 3Y
1.08
QUICK RATIO (ACID-TEST) AVG 5Y
1.04
QUICK RATIO (ACID-TEST) AVG 10Y
1.08
QUICK RATIO (ACID-TEST) AVG 15Y
1.14
QUICK RATIO (ACID-TEST) AVG 20Y
1.16
CURRENT VS TTM AVG
+2.04%
CURRENT VS 3Y AVG
+7.11%
CURRENT VS 5Y AVG
+10.57%
CURRENT VS 10Y AVG
+6.48%
CURRENT VS 15Y AVG
+1.58%
CURRENT VS 20Y AVG
-0.47%
SECTOR MEDIAN · BASIC MATERIALS
1.15
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-0.07%
vs the sector median at left
PPG Industries, Inc.
Market Cap
$25.34B
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.13
3Y Avg
1.08
5Y Avg
1.04
Market Cap
$27.00B
Quick Ratio (Acid-Test)
2.23
TTM Avg
2.12
3Y Avg
1.87
5Y Avg
1.90
Market Cap
$21.95B
Quick Ratio (Acid-Test)
0.84
TTM Avg
1.06
3Y Avg
1.07
5Y Avg
1.12
Market Cap
$20.90B
Quick Ratio (Acid-Test)
2.27
TTM Avg
1.92
3Y Avg
2.29
5Y Avg
2.32
Market Cap
$20.57B
Quick Ratio (Acid-Test)
0.84
TTM Avg
1.07
3Y Avg
1.06
5Y Avg
1.08
Market Cap
$19.56B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.16
3Y Avg
1.13
5Y Avg
1.14
Market Cap
$19.08B
Quick Ratio (Acid-Test)
2.11
TTM Avg
1.40
3Y Avg
1.73
5Y Avg
1.93
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PPG Industries, Inc. (PPG) | $25.34B | 1.15 | 1.13 | 1.08 | 1.04 |
| Carpenter Technology Corporation (CRS)vs › | $27.00B | 2.23 | 2.12 | 1.87 | 1.90 |
| International Paper Company (IP)vs › | $21.95B | 0.84 | 1.06 | 1.07 | 1.12 |
| Dow Inc. (DOW)vs › | $21.59B | 7.24 | 1.11 | 1.15 | 1.13 |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.90B | 2.27 | 1.92 | 2.29 | 2.32 |
| International Flavors & Fragrances Inc. (IFF)vs › | $20.57B | 0.84 | 1.07 | 1.06 | 1.08 |
| LyondellBasell Industries N.V. (LYB)vs › | $19.56B | N/A | 1.16 | 1.13 | 1.14 |
| DuPont de Nemours, Inc. (DD)vs › | $19.08B | 2.11 | 1.40 | 1.73 | 1.93 |
| Nutrien Ltd. (NTR)vs › | $31.66B | 0.59 | 0.67 | 0.65 | 0.66 |
| CF Industries Holdings, Inc. (CF)vs › | $18.17B | 3.15 | 2.82 | 3.07 | 2.50 |
Quick Ratio
1.15
Excludes inventory
Current Ratio
1.58
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) |
|---|---|
| 2026-06-30 | 1.15 |
| 2026-03-31 | 1.17 |
| 2025-12-31 | 1.22 |
| 2025-09-30 | 1.08 |
| 2025-06-30 | 1.04 |
| 2025-03-31 | 0.99 |
| 2024-12-31 | 0.94 |
| 2024-09-30 | 1.13 |
| 2024-06-30 | 1.05 |
| 2024-03-31 | 1.08 |
| 2023-12-31 | 1.09 |
| 2023-09-30 | 1.05 |
| 2023-06-30 | 1.03 |
| 2023-03-31 | 1.15 |
| 2022-12-31 | 1.04 |
| 2022-09-30 | 1.03 |
| 2022-06-30 | 1.02 |
| 2022-03-31 | 1.00 |
| 2021-12-31 | 0.97 |
| 2021-09-30 | 0.92 |
| 2021-06-30 | 0.95 |
| 2021-03-31 | 1.06 |
| 2020-12-31 | 1.05 |
| 2020-09-30 | 1.16 |
| 2020-06-30 | 1.03 |
| 2020-03-31 | 1.00 |
| 2019-12-31 | 1.02 |
| 2019-09-30 | 1.08 |
| 2019-06-30 | 1.01 |
| 2019-03-31 | 0.97 |
| 2018-12-31 | 0.96 |
| 2018-09-30 | 1.22 |
| 2018-06-30 | 1.22 |
| 2018-03-31 | 1.28 |
| 2017-12-31 | 1.22 |
| 2017-09-30 | 1.26 |
| 2017-06-30 | 1.21 |
| 2017-03-31 | 1.15 |
| 2016-12-31 | 1.19 |
| 2016-09-30 | 1.06 |
| 2016-06-30 | 1.21 |
| 2016-03-31 | 1.07 |
| 2015-12-31 | 1.08 |
| 2015-09-30 | 1.14 |
| 2015-06-30 | 1.14 |
| 2015-03-31 | 1.09 |
| 2014-12-31 | 0.95 |
| 2014-09-30 | 1.43 |
| 2014-06-30 | 1.43 |
| 2014-03-31 | 1.52 |
| 2013-12-31 | 1.30 |
| 2013-09-30 | 1.43 |
| 2013-06-30 | 1.42 |
| 2013-03-31 | 1.62 |
| 2012-12-31 | 1.35 |
| 2012-09-30 | 1.34 |
| 2012-06-30 | 1.18 |
| 2012-03-31 | 1.12 |
| 2011-12-31 | 1.37 |
| 2011-09-30 | 1.37 |
| 2011-06-30 | 1.38 |
| 2011-03-31 | 1.42 |
| 2010-12-31 | 1.51 |
| 2010-09-30 | 1.32 |
| 2010-06-30 | 1.29 |
| 2010-03-31 | 1.26 |
| 2009-12-31 | 1.24 |
| 2009-09-30 | 1.19 |
| 2009-06-30 | 1.16 |
| 2009-03-31 | 1.03 |
| 2008-12-31 | 1.10 |
| 2008-09-30 | 1.07 |
| 2008-06-30 | 1.05 |
| 2008-03-31 | 1.11 |
| 2007-12-31 | 1.17 |
| 2007-09-30 | 1.33 |
| 2007-06-30 | 1.17 |
| 2007-03-31 | 1.11 |
| 2006-12-31 | 1.30 |
| 2006-09-30 | 1.15 |
| 2006-06-30 | 1.23 |
| 2006-03-31 | 1.27 |
| 2005-12-31 | 1.23 |
| 2005-09-30 | 1.27 |
| 2005-06-30 | 1.32 |
| 2005-03-31 | 1.33 |
| 2004-12-31 | 1.34 |
| 2004-09-30 | 1.27 |
| 2004-06-30 | 1.20 |
| 2004-03-31 | 1.19 |
| 2003-12-31 | 1.19 |
| 2003-09-30 | 1.06 |
| 2003-06-30 | 1.13 |
| 2003-03-31 | 1.08 |
| 2002-12-31 | 1.04 |
| 2002-09-30 | 1.01 |
