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 1.16 is in line with its 5-year average of 1.14, near the low end of its 5-year range (0.98–1.61).
As of the fiscal period ended Tuesday, March 31, 2026. 2.00% above its 12-month average of 1.14.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.16
QUICK RATIO (ACID-TEST) AVG TTM
1.14
QUICK RATIO (ACID-TEST) AVG 3Y
1.11
QUICK RATIO (ACID-TEST) AVG 5Y
1.11
QUICK RATIO (ACID-TEST) AVG 10Y
1.07
QUICK RATIO (ACID-TEST) AVG 15Y
0.99
QUICK RATIO (ACID-TEST) AVG 20Y
0.94
CURRENT VS TTM AVG
+2.00%
CURRENT VS 3Y AVG
+4.14%
CURRENT VS 5Y AVG
+4.36%
CURRENT VS 10Y AVG
+7.98%
CURRENT VS 15Y AVG
+17.28%
CURRENT VS 20Y AVG
+23.20%
SECTOR MEDIAN · INDUSTRIALS
1.16
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+0.03%
vs the sector median at left
Market Cap
$290.06B
Quick Ratio (Acid-Test)
0.80
TTM Avg
0.77
3Y Avg
0.78
5Y Avg
0.83
Market Cap
$189.10B
Quick Ratio (Acid-Test)
0.90
TTM Avg
0.93
3Y Avg
0.87
5Y Avg
0.91
Market Cap
$173.55B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.69
3Y Avg
0.66
5Y Avg
0.67
Market Cap
$170.83B
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.41
3Y Avg
0.37
5Y Avg
0.38
Market Cap
$161.22B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.89
3Y Avg
0.91
5Y Avg
0.91
Market Cap
$159.98B
Quick Ratio (Acid-Test)
2.08
TTM Avg
2.08
3Y Avg
1.92
5Y Avg
1.90
Market Cap
$149.69B
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.64
3Y Avg
0.65
5Y Avg
0.69
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Siemens AG (SIEGY) | $250.58B | 1.16 | 1.14 | 1.11 | 1.11 |
| RTX Corporation (RTX)vs › | $290.06B | 0.80 | 0.77 | 0.78 | 0.83 |
| Schneider Electric S.E. (SBGSY)vs › | $189.10B | 0.90 | 0.93 | 0.87 | 0.91 |
| ABB Ltd (ABBNY)vs › | $179.01B | 1.20 | 1.13 | 0.98 | 0.96 |
| Union Pacific Corporation (UNP)vs › | $173.55B | 0.75 | 0.69 | 0.66 | 0.67 |
| The Boeing Company (BA)vs › | $170.83B | 0.40 | 0.41 | 0.37 | 0.38 |
| Eaton Corporation plc (ETN)vs › | $161.22B | 0.81 | 0.89 | 0.91 | 0.91 |
| Deere & Company (DE)vs › | $159.98B | 2.08 | 2.08 | 1.92 | 1.90 |
| Siemens Energy AG (SMEGF)vs › | $149.69B | 0.64 | 0.64 | 0.65 | 0.69 |
| Lockheed Martin Corporation (LMT)vs › | $134.49B | 0.94 | 0.94 | 1.01 | 1.07 |
Quick Ratio
1.16
Excludes inventory
Current Ratio
1.37
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 | 1.16 |
| 2025-12-31 | 1.15 |
| 2025-09-30 | 1.15 |
| 2025-06-30 | 1.24 |
| 2025-03-31 | 0.98 |
| 2024-12-31 | 1.27 |
| 2024-09-30 | 1.15 |
| 2024-06-30 | 1.13 |
| 2024-03-31 | 1.12 |
| 2023-12-31 | 1.06 |
| 2023-09-30 | 1.10 |
| 2023-06-30 | 1.06 |
| 2023-03-31 | 1.07 |
| 2022-12-31 | 1.15 |
| 2022-09-30 | 1.14 |
| 2022-06-30 | 1.08 |
| 2022-03-31 | 1.07 |
| 2021-12-31 | 1.15 |
| 2021-09-30 | 1.10 |
| 2021-06-30 | 1.07 |
| 2021-03-31 | 1.61 |
| 2020-12-31 | 1.34 |
| 2020-09-30 | 1.34 |
| 2020-06-30 | 1.63 |
| 2020-03-31 | 1.43 |
| 2019-12-31 | 1.07 |
| 2019-09-30 | 1.11 |
| 2019-06-30 | 0.96 |
| 2019-03-31 | 0.98 |
| 2018-12-31 | 1.04 |
| 2018-09-30 | 1.07 |
| 2018-06-30 | 1.04 |
| 2018-03-31 | 1.03 |
| 2017-12-31 | 1.01 |
| 2017-09-30 | 0.84 |
| 2017-06-30 | 0.83 |
| 2017-03-31 | 0.91 |
| 2016-12-31 | 0.89 |
| 2016-09-30 | 0.82 |
| 2016-06-30 | 0.78 |
| 2016-03-31 | 0.76 |
| 2015-12-31 | 0.85 |
| 2015-09-30 | 0.81 |
| 2015-06-30 | 0.82 |
| 2015-03-31 | 0.83 |
| 2014-12-31 | 0.87 |
| 2014-09-30 | 0.86 |
| 2014-06-30 | 0.82 |
| 2014-03-31 | 0.78 |
| 2013-12-31 | 0.84 |
| 2013-09-30 | 0.83 |
| 2013-06-30 | 0.81 |
| 2013-03-31 | 0.81 |
| 2012-12-31 | 0.83 |
| 2012-09-30 | 0.85 |
| 2012-06-30 | 0.81 |
| 2012-03-31 | 0.82 |
| 2011-12-31 | 0.83 |
| 2011-09-30 | 0.86 |
| 2011-06-30 | 0.88 |
| 2011-03-31 | 0.89 |
| 2010-12-31 | 0.86 |
| 2010-09-30 | 0.85 |
| 2010-06-30 | 0.84 |
| 2010-03-31 | 0.82 |
| 2009-12-31 | 0.83 |
| 2009-09-30 | 0.81 |
| 2009-06-30 | 0.78 |
| 2009-03-31 | 0.73 |
| 2008-12-31 | 0.68 |
| 2008-09-30 | 0.68 |
| 2008-06-30 | 0.78 |
| 2008-03-31 | 0.72 |
| 2007-12-31 | 0.78 |
| 2007-09-30 | 0.80 |
| 2007-06-30 | 0.67 |
| 2007-03-31 | 0.84 |
| 2006-12-31 | 0.93 |
| 2006-09-30 | 1.00 |
| 2006-06-30 | 0.85 |
| 2006-03-31 | 0.76 |
| 2005-12-31 | 0.82 |
| 2005-09-30 | 0.85 |
| 2005-06-30 | 0.93 |
| 2005-03-31 | 0.96 |
| 2004-12-31 | 1.00 |
| 2004-09-30 | 1.04 |
| 2004-06-30 | 1.12 |
| 2004-03-31 | 1.12 |
| 2003-12-31 | 1.03 |
| 2003-09-30 | 1.03 |
| 2003-06-30 | 1.06 |
| 2003-03-31 | 0.98 |
| 2002-12-31 | 0.97 |
| 2002-09-30 | 0.96 |
| 2002-06-30 | 0.94 |