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 0.65 is in line with its 5-year average of 0.66, around the middle of its 5-year range (0.57–0.78).
As of the fiscal period ended Tuesday, March 31, 2026. 0.40% above its 12-month average of 0.65.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.65
QUICK RATIO (ACID-TEST) AVG TTM
0.65
QUICK RATIO (ACID-TEST) AVG 3Y
0.62
QUICK RATIO (ACID-TEST) AVG 5Y
0.66
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+0.40%
CURRENT VS 3Y AVG
+4.78%
CURRENT VS 5Y AVG
-1.11%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.11
median of 108 covered companies
CURRENT VS SECTOR MEDIAN
-41.60%
vs the sector median at left
Siemens Energy AG
Market Cap
$144.78B
Quick Ratio (Acid-Test)
0.65
TTM Avg
0.65
3Y Avg
0.62
5Y Avg
0.66
Market Cap
$133.93B
Quick Ratio (Acid-Test)
1.01
TTM Avg
0.94
3Y Avg
1.01
5Y Avg
1.07
Market Cap
$164.94B
Quick Ratio (Acid-Test)
2.08
TTM Avg
2.08
3Y Avg
1.92
5Y Avg
1.90
Market Cap
$123.72B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.63
3Y Avg
0.86
5Y Avg
0.93
Market Cap
$167.12B
Quick Ratio (Acid-Test)
0.79
TTM Avg
0.89
3Y Avg
0.91
5Y Avg
0.91
Market Cap
$172.70B
Quick Ratio (Acid-Test)
0.82
TTM Avg
0.69
3Y Avg
0.66
5Y Avg
0.67
Market Cap
$113.46B
Quick Ratio (Acid-Test)
1.59
TTM Avg
1.04
3Y Avg
1.00
5Y Avg
1.06
Market Cap
$179.32B
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 |
|---|---|---|---|---|---|
| Siemens Energy AG (SMEGF) | $144.78B | 0.65 | 0.65 | 0.62 | 0.66 |
| Lockheed Martin Corporation (LMT)vs › | $133.93B | 1.01 | 0.94 | 1.01 | 1.07 |
| Deere & Company (DE)vs › | $164.94B | 2.08 | 2.08 | 1.92 | 1.90 |
| Parker-Hannifin Corporation (PH)vs › | $123.72B | 0.66 | 0.63 | 0.86 | 0.93 |
| Eaton Corporation plc (ETN)vs › | $167.12B | 0.79 | 0.89 | 0.91 | 0.91 |
| Union Pacific Corporation (UNP)vs › | $172.70B | 0.82 | 0.69 | 0.66 | 0.67 |
| Howmet Aerospace Inc. (HWM)vs › | $113.46B | 1.59 | 1.04 | 1.00 | 1.06 |
| The Boeing Company (BA)vs › | $179.32B | 0.33 | 0.41 | 0.37 | 0.38 |
| ABB Ltd (ABBNY)vs › | $178.94B | 1.08 | 1.13 | 0.98 | 0.96 |
| General Dynamics Corporation (GD)vs › | $103.26B | 0.96 | 0.85 | 0.90 | 0.94 |
Quick Ratio
0.65
Excludes inventory
Current Ratio
0.91
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 | 0.65 |
| 2025-12-31 | 0.66 |
| 2025-09-30 | 0.67 |
| 2025-06-30 | 0.62 |
| 2025-03-31 | 0.63 |
| 2024-12-31 | 0.61 |
| 2024-09-30 | 0.61 |
| 2024-06-30 | 0.60 |
| 2024-03-31 | 0.62 |
| 2023-12-31 | 0.62 |
| 2023-09-30 | 0.58 |
| 2023-06-30 | 0.57 |
| 2023-03-31 | 0.62 |
| 2022-12-31 | 0.60 |
| 2022-09-30 | 0.74 |
| 2022-06-30 | 0.70 |
| 2022-03-31 | 0.69 |
| 2021-12-31 | 0.73 |
| 2021-09-30 | 0.78 |
| 2021-06-30 | 0.74 |
| 2021-03-31 | 0.74 |
| 2020-12-31 | 0.74 |
| 2020-09-30 | 0.75 |
| 2020-06-30 | 0.77 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.00 |
| 2019-09-30 | 0.77 |