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 0.78 is in line with its 5-year average of 0.80, near the low end of its 5-year range (0.73–0.95).
As of the fiscal period ended Tuesday, June 30, 2026. 0.32% below its 12-month average of 0.79.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.78
QUICK RATIO (ACID-TEST) AVG TTM
0.79
QUICK RATIO (ACID-TEST) AVG 3Y
0.77
QUICK RATIO (ACID-TEST) AVG 5Y
0.80
QUICK RATIO (ACID-TEST) AVG 10Y
0.84
QUICK RATIO (ACID-TEST) AVG 15Y
0.85
QUICK RATIO (ACID-TEST) AVG 20Y
0.84
CURRENT VS TTM AVG
-0.32%
CURRENT VS 3Y AVG
+1.41%
CURRENT VS 5Y AVG
-1.71%
CURRENT VS 10Y AVG
-6.84%
CURRENT VS 15Y AVG
-8.39%
CURRENT VS 20Y AVG
-6.73%
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-31.64%
vs the sector median at left
RTX Corporation
Market Cap
$267.18B
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.79
3Y Avg
0.77
5Y Avg
0.80
Market Cap
$254.52B
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.78
3Y Avg
0.75
5Y Avg
0.75
Market Cap
$189.81B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.93
3Y Avg
0.87
5Y Avg
0.91
Market Cap
$169.48B
Quick Ratio (Acid-Test)
0.82
TTM Avg
0.69
3Y Avg
0.66
5Y Avg
0.67
Market Cap
$166.60B
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.41
3Y Avg
0.37
5Y Avg
0.38
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| RTX Corporation (RTX) | $267.18B | 0.78 | 0.79 | 0.77 | 0.80 |
| GE Vernova Inc. (GEV)vs › | $254.52B | 0.64 | 0.78 | 0.75 | 0.75 |
| Siemens AG (SIEGY)vs › | $235.93B | 1.18 | 1.15 | 1.13 | 1.16 |
| GE Aerospace (GE)vs › | $337.72B | 0.67 | 0.78 | 0.88 | 0.96 |
| Schneider Electric S.E. (SBGSY)vs › | $189.81B | 0.81 | 0.93 | 0.87 | 0.91 |
| Deere & Company (DE)vs › | $182.74B | 0.55 | 2.08 | 1.92 | 1.90 |
| ABB Ltd (ABBNY)vs › | $176.59B | 1.08 | 1.13 | 0.98 | 0.96 |
| Union Pacific Corporation (UNP)vs › | $169.48B | 0.82 | 0.69 | 0.66 | 0.67 |
| The Boeing Company (BA)vs › | $166.60B | 0.33 | 0.41 | 0.37 | 0.38 |
| Rolls-Royce Holdings plc (RYCEY)vs › | $163.38B | 0.93 | 0.91 | 0.88 | 0.89 |
Quick Ratio
0.78
Excludes inventory
Current Ratio
1.01
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 | 0.78 |
| 2026-03-31 | 0.78 |
| 2025-12-31 | 0.80 |
| 2025-09-30 | 0.81 |
| 2025-06-30 | 0.75 |
| 2025-03-31 | 0.75 |
| 2024-12-31 | 0.74 |
| 2024-09-30 | 0.73 |
| 2024-06-30 | 0.73 |
| 2024-03-31 | 0.79 |
| 2023-12-31 | 0.78 |
| 2023-09-30 | 0.77 |
| 2023-06-30 | 0.81 |
| 2023-03-31 | 0.85 |
| 2022-12-31 | 0.81 |
| 2022-09-30 | 0.82 |
| 2022-06-30 | 0.83 |
| 2022-03-31 | 0.88 |
| 2021-12-31 | 0.93 |
| 2021-09-30 | 0.95 |
| 2021-06-30 | 0.90 |
| 2021-03-31 | 0.91 |
| 2020-12-31 | 0.95 |
| 2020-09-30 | 0.95 |
| 2020-06-30 | 0.91 |
| 2020-03-31 | 0.87 |
| 2019-12-31 | 1.13 |
| 2019-09-30 | 0.75 |
| 2019-06-30 | 0.74 |
| 2019-03-31 | 0.79 |
| 2018-12-31 | 0.81 |
| 2018-09-30 | 1.17 |
| 2018-06-30 | 1.10 |
| 2018-03-31 | 0.96 |
| 2017-12-31 | 0.94 |
| 2017-09-30 | 0.91 |
| 2017-06-30 | 0.96 |
| 2017-03-31 | 0.84 |
| 2016-12-31 | 0.91 |
| 2016-09-30 | 0.86 |
| 2016-06-30 | 0.87 |
| 2016-03-31 | 0.93 |
| 2015-12-31 | 0.82 |
| 2015-09-30 | 1.01 |
| 2015-06-30 | 0.86 |
| 2015-03-31 | 0.76 |
| 2014-12-31 | 1.02 |
| 2014-09-30 | 0.80 |
| 2014-06-30 | 0.81 |
| 2014-03-31 | 0.82 |
| 2013-12-31 | 0.84 |
| 2013-09-30 | 0.79 |
| 2013-06-30 | 0.80 |
| 2013-03-31 | 0.84 |
| 2012-12-31 | 0.84 |
| 2012-09-30 | 0.80 |
| 2012-06-30 | 1.55 |
| 2012-03-31 | 1.06 |
| 2011-12-31 | 0.96 |
| 2011-09-30 | 0.89 |
| 2011-06-30 | 0.87 |
| 2011-03-31 | 0.86 |
| 2010-12-31 | 0.89 |
| 2010-09-30 | 0.86 |
| 2010-06-30 | 0.87 |
| 2010-03-31 | 0.86 |
| 2009-12-31 | 0.88 |
| 2009-09-30 | 0.86 |
| 2009-06-30 | 0.81 |
| 2009-03-31 | 0.82 |
| 2008-12-31 | 0.81 |
| 2008-09-30 | 0.76 |
| 2008-06-30 | 0.77 |
| 2008-03-31 | 0.76 |
| 2007-12-31 | 0.80 |
| 2007-09-30 | 0.75 |
| 2007-06-30 | 0.81 |
| 2007-03-31 | 0.79 |
| 2006-12-31 | 0.80 |
| 2006-09-30 | 0.82 |
| 2006-06-30 | 0.81 |
| 2006-03-31 | 0.73 |
| 2005-12-31 | 0.75 |
| 2005-09-30 | 0.78 |
| 2005-06-30 | 0.81 |
| 2005-03-31 | 0.82 |
| 2004-12-31 | 0.81 |
| 2004-09-30 | 0.86 |
| 2004-06-30 | 0.85 |
| 2004-03-31 | 0.79 |
| 2003-12-31 | 0.78 |
| 2003-09-30 | 0.82 |
| 2003-06-30 | 1.05 |
| 2003-03-31 | 0.97 |
| 2002-12-31 | 1.03 |
| 2002-09-30 | 1.00 |