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 1.17 is in line with its 5-year average of 1.10, around the middle of its 5-year range (0.47–2.07).
As of the fiscal period ended Tuesday, March 31, 2026. 0.26% above its 12-month average of 1.16.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.17
QUICK RATIO (ACID-TEST) AVG TTM
1.16
QUICK RATIO (ACID-TEST) AVG 3Y
1.11
QUICK RATIO (ACID-TEST) AVG 5Y
1.11
QUICK RATIO (ACID-TEST) AVG 10Y
1.50
QUICK RATIO (ACID-TEST) AVG 15Y
1.45
QUICK RATIO (ACID-TEST) AVG 20Y
1.33
CURRENT VS TTM AVG
+0.26%
CURRENT VS 3Y AVG
+4.71%
CURRENT VS 5Y AVG
+5.24%
CURRENT VS 10Y AVG
-22.24%
CURRENT VS 15Y AVG
-19.35%
CURRENT VS 20Y AVG
-12.32%
SECTOR MEDIAN · INDUSTRIALS
1.16
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
+0.59%
vs the sector median at left
Trinity Industries, Inc.
Market Cap
$3.03B
Quick Ratio (Acid-Test)
1.17
TTM Avg
1.16
3Y Avg
1.11
5Y Avg
1.11
Market Cap
$2.66B
Quick Ratio (Acid-Test)
7.76
TTM Avg
6.54
3Y Avg
4.77
5Y Avg
3.56
Market Cap
$2.45B
Quick Ratio (Acid-Test)
4.30
TTM Avg
4.78
3Y Avg
4.67
5Y Avg
3.44
Market Cap
$2.30B
Quick Ratio (Acid-Test)
1.90
TTM Avg
1.69
3Y Avg
1.92
5Y Avg
1.93
Market Cap
$1.91B
Quick Ratio (Acid-Test)
2.17
TTM Avg
2.24
3Y Avg
2.02
5Y Avg
2.13
Market Cap
$4.28B
Quick Ratio (Acid-Test)
1.23
TTM Avg
1.25
3Y Avg
1.34
5Y Avg
1.40
Market Cap
$4.29B
Quick Ratio (Acid-Test)
1.34
TTM Avg
1.39
3Y Avg
1.35
5Y Avg
1.44
Market Cap
$1.45B
Quick Ratio (Acid-Test)
1.87
TTM Avg
1.79
3Y Avg
1.68
5Y Avg
1.63
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Trinity Industries, Inc. (TRN) | $3.03B | 1.17 | 1.16 | 1.11 | 1.11 |
| Teekay Tankers Ltd. (TNK)vs › | $2.66B | 7.76 | 6.54 | 4.77 | 3.56 |
| NuScale Power Corporation (SMR)vs › | $2.45B | 4.30 | 4.78 | 4.67 | 3.44 |
| Werner Enterprises, Inc. (WERN)vs › | $2.30B | 1.90 | 1.69 | 1.92 | 1.93 |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.91B | 2.17 | 2.24 | 2.02 | 2.13 |
| Primoris Services Corporation (PRIM)vs › | $4.28B | 1.23 | 1.25 | 1.34 | 1.40 |
| Griffon Corporation (GFF)vs › | $4.29B | 1.34 | 1.39 | 1.35 | 1.44 |
| Preformed Line Products Company (PLPC)vs › | $1.45B | 1.87 | 1.79 | 1.68 | 1.63 |
| KBR, Inc. (KBR)vs › | $4.74B | 1.22 | 1.14 | 1.11 | 1.09 |
| Upwork Inc. (UPWK)vs › | $1.21B | 1.46 | 2.42 | 2.91 | 2.90 |
Quick Ratio
1.17
Excludes inventory
Current Ratio
2.12
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 | 1.17 |
| 2025-12-31 | 1.03 |
| 2025-09-30 | 1.13 |
| 2025-06-30 | 1.36 |
| 2025-03-31 | 1.13 |
| 2024-12-31 | 0.52 |
| 2024-09-30 | 1.26 |
| 2024-06-30 | 1.14 |
| 2024-03-31 | 1.09 |
| 2023-12-31 | 0.47 |
| 2023-09-30 | 1.02 |
| 2023-06-30 | 1.13 |
| 2023-03-31 | 1.03 |
| 2022-12-31 | 0.79 |
| 2022-09-30 | 0.92 |
| 2022-06-30 | 1.03 |
| 2022-03-31 | 1.07 |
| 2021-12-31 | 0.72 |
| 2021-09-30 | 1.55 |
| 2021-06-30 | 1.50 |
| 2021-03-31 | 2.07 |
| 2020-12-31 | 1.84 |
| 2020-09-30 | 1.81 |
| 2020-06-30 | 1.89 |
| 2020-03-31 | 1.75 |
| 2019-12-31 | 1.01 |
| 2019-09-30 | 0.87 |
| 2019-06-30 | 1.04 |
| 2019-03-31 | 1.08 |
| 2018-12-31 | 1.15 |
| 2018-09-30 | 1.60 |
| 2018-06-30 | 1.83 |
| 2018-03-31 | 2.41 |
| 2017-12-31 | 2.75 |
| 2017-09-30 | 2.91 |
| 2017-06-30 | 2.96 |
| 2017-03-31 | 2.56 |
| 2016-12-31 | 2.50 |
| 2016-09-30 | 2.11 |
| 2016-06-30 | 2.21 |
| 2016-03-31 | 2.10 |
| 2015-12-31 | 2.05 |
| 2015-09-30 | 1.64 |
| 2015-06-30 | 1.71 |
| 2015-03-31 | 1.59 |
| 2014-12-31 | 1.65 |
| 2014-09-30 | 1.64 |
| 2014-06-30 | 2.09 |
| 2014-03-31 | 1.65 |
| 2013-12-31 | 1.55 |
| 2013-09-30 | 1.40 |
| 2013-06-30 | 1.36 |
| 2013-03-31 | 1.30 |
| 2012-12-31 | 1.57 |
| 2012-09-30 | 1.41 |
| 2012-06-30 | 1.01 |
| 2012-03-31 | 1.48 |
| 2011-12-31 | 1.17 |
| 2011-09-30 | 1.02 |
| 2011-06-30 | 1.14 |
| 2011-03-31 | 1.25 |
| 2010-12-31 | 1.48 |
| 2010-09-30 | 1.11 |
| 2010-06-30 | 1.30 |
| 2010-03-31 | 1.46 |
| 2009-12-31 | 1.89 |
| 2009-09-30 | 1.57 |
| 2009-06-30 | 1.45 |
| 2009-03-31 | 0.88 |
| 2008-12-31 | 0.73 |
| 2008-09-30 | 0.85 |
| 2008-06-30 | 0.83 |
| 2008-03-31 | 0.73 |
| 2007-12-31 | 0.86 |
| 2007-09-30 | 0.77 |
| 2007-06-30 | 0.77 |
| 2007-03-31 | 0.85 |
| 2006-12-31 | 0.86 |
| 2006-09-30 | 1.07 |
| 2006-06-30 | 1.17 |
| 2006-03-31 | 0.55 |
| 2005-12-31 | 0.64 |
| 2005-09-30 | 0.76 |
| 2005-06-30 | 0.73 |
| 2005-03-31 | 0.74 |
| 2004-12-31 | 0.77 |
| 2004-09-30 | 0.86 |
| 2004-06-30 | 0.92 |
| 2004-03-31 | 0.87 |
| 2003-12-31 | 0.53 |
| 2003-09-30 | 0.61 |
| 2003-06-30 | 0.68 |
| 2003-03-31 | 0.51 |
| 2002-12-31 | 0.60 |
| 2002-09-30 | 0.58 |
| 2002-06-30 | 0.59 |
