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 0.51 is 39% below its 5-year average of 0.83, near the low end of its 5-year range (0.51–1.40).
As of the fiscal period ended Tuesday, June 30, 2026. 19.15% below its 12-month average of 0.63.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.51
QUICK RATIO (ACID-TEST) AVG TTM
0.63
QUICK RATIO (ACID-TEST) AVG 3Y
0.82
QUICK RATIO (ACID-TEST) AVG 5Y
0.83
QUICK RATIO (ACID-TEST) AVG 10Y
1.03
QUICK RATIO (ACID-TEST) AVG 15Y
0.83
QUICK RATIO (ACID-TEST) AVG 20Y
0.82
CURRENT VS TTM AVG
-19.15%
CURRENT VS 3Y AVG
-38.11%
CURRENT VS 5Y AVG
-38.57%
CURRENT VS 10Y AVG
-50.50%
CURRENT VS 15Y AVG
-38.60%
CURRENT VS 20Y AVG
-37.64%
SECTOR MEDIAN · INDUSTRIALS
1.09
median of 125 covered companies
CURRENT VS SECTOR MEDIAN
-53.18%
vs the sector median at left
Thomson Reuters Corporation
Market Cap
$46.37B
Quick Ratio (Acid-Test)
0.51
TTM Avg
0.63
3Y Avg
0.82
5Y Avg
0.83
Market Cap
$46.89B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
Market Cap
$47.94B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.74
3Y Avg
0.81
5Y Avg
0.86
Market Cap
$48.16B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
Market Cap
$48.42B
Quick Ratio (Acid-Test)
1.80
TTM Avg
1.75
3Y Avg
2.24
5Y Avg
2.47
Market Cap
$48.46B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.91
3Y Avg
1.39
5Y Avg
1.39
Market Cap
$48.94B
Quick Ratio (Acid-Test)
1.03
TTM Avg
0.96
3Y Avg
0.91
5Y Avg
0.97
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Thomson Reuters Corporation (TRI) | $46.37B | 0.51 | 0.63 | 0.82 | 0.83 |
| HEICO Corporation (HEI)vs › | $46.89B | 1.27 | 1.31 | 1.31 | 1.62 |
| Paychex, Inc. (PAYX)vs › | $45.19B | N/A | 1.27 | 1.30 | 1.28 |
| Rockwell Automation, Inc. (ROK)vs › | $47.94B | 0.74 | 0.74 | 0.81 | 0.86 |
| HEICO Corporation (HEI-A)vs › | $48.16B | 1.27 | 1.31 | 1.31 | 1.62 |
| Axon Enterprise, Inc. (AXON)vs › | $48.42B | 1.80 | 1.75 | 2.24 | 2.47 |
| Ferguson plc (FERG)vs › | $44.31B | 0.93 | 0.94 | 0.95 | 0.96 |
| Carrier Global Corporation (CARR)vs › | $48.46B | 0.72 | 0.91 | 1.39 | 1.39 |
| L3Harris Technologies, Inc. (LHX)vs › | $48.94B | 1.03 | 0.96 | 0.91 | 0.97 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.36B | 0.59 | 0.63 | 0.64 | 0.66 |
Quick Ratio
0.51
Excludes inventory
Current Ratio
0.51
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 | 0.51 |
| 2026-03-31 | 0.60 |
| 2025-12-31 | 0.64 |
| 2025-09-30 | 0.61 |
| 2025-06-30 | 0.79 |
| 2025-03-31 | 0.91 |
| 2024-12-31 | 1.01 |
| 2024-09-30 | 0.94 |
| 2024-06-30 | 0.88 |
| 2024-03-31 | 0.97 |
| 2023-12-31 | 0.90 |
| 2023-09-30 | 1.05 |
| 2023-06-30 | 0.90 |
| 2023-03-31 | 0.91 |
| 2022-12-31 | 0.57 |
| 2022-09-30 | 0.68 |
| 2022-06-30 | 0.82 |
| 2022-03-31 | 1.01 |
| 2021-12-31 | 0.94 |
| 2021-09-30 | 0.97 |
| 2021-06-30 | 1.40 |
| 2021-03-31 | 1.31 |
| 2020-12-31 | 1.49 |
| 2020-09-30 | 1.51 |
| 2020-06-30 | 1.41 |
| 2020-03-31 | 0.93 |
| 2019-12-31 | 0.95 |
| 2019-09-30 | 1.46 |
| 2019-06-30 | 1.93 |
| 2019-03-31 | 1.83 |
| 2018-12-31 | 1.67 |
| 2018-09-30 | 2.45 |
| 2018-06-30 | 2.31 |
| 2018-03-31 | 3.08 |
| 2017-12-31 | 0.61 |
| 2017-09-30 | 0.63 |
| 2017-06-30 | 0.79 |
| 2017-03-31 | 0.82 |
| 2016-12-31 | 1.01 |
| 2016-09-30 | 0.72 |
| 2016-06-30 | 0.82 |
| 2016-03-31 | 0.78 |
| 2015-12-31 | 0.65 |
| 2015-09-30 | 0.65 |
| 2015-06-30 | 0.71 |
| 2015-03-31 | 0.77 |
| 2014-12-31 | 0.79 |
| 2014-09-30 | 0.87 |
| 2014-06-30 | 0.76 |
| 2014-03-31 | 0.78 |
| 2013-12-31 | 0.81 |
| 2013-09-30 | 0.96 |
| 2013-06-30 | 0.92 |
| 2013-03-31 | 0.70 |
| 2012-12-31 | 0.82 |
| 2012-09-30 | 0.72 |
| 2012-06-30 | 1.13 |
| 2012-03-31 | 0.96 |
| 2011-12-31 | 0.84 |
| 2011-09-30 | 0.84 |
| 2011-06-30 | 0.91 |
| 2011-03-31 | 0.78 |
| 2010-12-31 | 0.73 |
| 2010-09-30 | 0.75 |
| 2010-06-30 | 0.69 |
| 2010-03-31 | 0.74 |
| 2009-12-31 | 0.76 |
| 2009-09-30 | 0.97 |
| 2009-06-30 | 0.93 |
| 2009-03-31 | 0.97 |
| 2008-12-31 | 0.78 |
| 2008-09-30 | 0.85 |
| 2008-06-30 | 0.81 |
| 2008-03-31 | 3.73 |
| 2007-12-31 | 2.99 |
| 2007-09-30 | 2.37 |
| 2007-06-30 | 0.82 |
| 2007-03-31 | 0.74 |
| 2006-12-31 | 0.85 |
| 2006-09-30 | 0.83 |
| 2006-06-30 | 0.78 |
| 2006-03-31 | 0.81 |
| 2005-12-31 | 0.95 |
| 2005-09-30 | 0.87 |
| 2005-06-30 | 0.80 |
| 2005-03-31 | 0.80 |
| 2004-12-31 | 0.84 |
| 2004-09-30 | 0.89 |
| 2004-06-30 | 0.87 |
| 2004-03-31 | 0.83 |
| 2003-12-31 | 0.87 |
| 2003-09-30 | 0.78 |
| 2003-06-30 | 0.75 |
| 2003-03-31 | 0.73 |
| 2002-12-31 | 0.85 |
| 2002-09-30 | 0.72 |