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 0.70 is 14% below its 5-year average of 0.82, near the low end of its 5-year range (0.69–1.05).
As of the fiscal period ended Tuesday, June 30, 2026. 11.56% below its 12-month average of 0.79.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.70
QUICK RATIO (ACID-TEST) AVG TTM
0.79
QUICK RATIO (ACID-TEST) AVG 3Y
0.79
QUICK RATIO (ACID-TEST) AVG 5Y
0.82
QUICK RATIO (ACID-TEST) AVG 10Y
0.84
QUICK RATIO (ACID-TEST) AVG 15Y
0.84
QUICK RATIO (ACID-TEST) AVG 20Y
0.90
CURRENT VS TTM AVG
-11.56%
CURRENT VS 3Y AVG
-10.90%
CURRENT VS 5Y AVG
-14.39%
CURRENT VS 10Y AVG
-16.09%
CURRENT VS 15Y AVG
-16.19%
CURRENT VS 20Y AVG
-22.09%
SECTOR MEDIAN · INDUSTRIALS
1.12
median of 109 covered companies
CURRENT VS SECTOR MEDIAN
-37.37%
vs the sector median at left
United Rentals, Inc.
Market Cap
$69.80B
Quick Ratio (Acid-Test)
0.70
TTM Avg
0.79
3Y Avg
0.79
5Y Avg
0.82
Market Cap
$69.31B
Quick Ratio (Acid-Test)
1.98
TTM Avg
1.77
3Y Avg
2.45
5Y Avg
2.80
Market Cap
$71.30B
Quick Ratio (Acid-Test)
3.41
TTM Avg
3.65
3Y Avg
2.82
5Y Avg
2.38
Market Cap
$66.38B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.60
3Y Avg
0.60
5Y Avg
0.62
Market Cap
$73.88B
Quick Ratio (Acid-Test)
0.93
TTM Avg
1.03
3Y Avg
0.99
5Y Avg
1.04
Market Cap
$75.90B
Quick Ratio (Acid-Test)
0.73
TTM Avg
0.80
3Y Avg
0.85
5Y Avg
0.86
Market Cap
$77.21B
Quick Ratio (Acid-Test)
0.61
TTM Avg
0.47
3Y Avg
0.52
5Y Avg
0.63
Market Cap
$61.58B
Quick Ratio (Acid-Test)
1.70
TTM Avg
1.54
3Y Avg
1.52
5Y Avg
1.50
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Rentals, Inc. (URI) | $69.80B | 0.70 | 0.79 | 0.79 | 0.82 |
| TransDigm Group Incorporated (TDG)vs › | $69.31B | 1.98 | 1.77 | 2.45 | 2.80 |
| Bloom Energy Corporation (BE)vs › | $71.30B | 3.41 | 3.65 | 2.82 | 2.38 |
| PACCAR Inc (PCAR)vs › | $68.24B | 2.90 | 2.67 | 2.50 | 2.48 |
| Republic Services, Inc. (RSG)vs › | $66.38B | N/A | 0.60 | 0.60 | 0.62 |
| Honeywell International Inc. (HON)vs › | $73.88B | 0.93 | 1.03 | 0.99 | 1.04 |
| Norfolk Southern Corporation (NSC)vs › | $75.90B | 0.73 | 0.80 | 0.85 | 0.86 |
| Canadian National Railway Company (CNI)vs › | $77.21B | 0.61 | 0.47 | 0.52 | 0.63 |
| W.W. Grainger, Inc. (GWW)vs › | $61.58B | 1.70 | 1.54 | 1.52 | 1.50 |
| Comfort Systems USA, Inc. (FIX)vs › | $61.30B | 1.19 | 1.13 | 1.10 | 1.13 |
Quick Ratio
0.70
Excludes inventory
Current Ratio
0.76
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 | 0.70 |
| 2026-03-31 | 0.74 |
| 2025-12-31 | 0.88 |
| 2025-09-30 | 0.84 |
| 2025-06-30 | 0.80 |
| 2025-03-31 | 0.79 |
| 2024-12-31 | 0.92 |
| 2024-09-30 | 0.77 |
| 2024-06-30 | 0.76 |
| 2024-03-31 | 0.83 |
| 2023-12-31 | 0.75 |
| 2023-09-30 | 0.76 |
| 2023-06-30 | 0.69 |
| 2023-03-31 | 1.05 |
| 2022-12-31 | 1.02 |
| 2022-09-30 | 0.94 |
| 2022-06-30 | 0.97 |
| 2022-03-31 | 0.71 |
| 2021-12-31 | 0.76 |
| 2021-09-30 | 0.74 |
| 2021-06-30 | 0.78 |
| 2021-03-31 | 1.03 |
| 2020-12-31 | 1.00 |
| 2020-09-30 | 0.85 |
| 2020-06-30 | 0.79 |
| 2020-03-31 | 1.05 |
| 2019-12-31 | 0.78 |
| 2019-09-30 | 0.66 |
| 2019-06-30 | 0.67 |
| 2019-03-31 | 0.71 |
| 2018-12-31 | 0.78 |
| 2018-09-30 | 0.76 |
| 2018-06-30 | 0.63 |
| 2018-03-31 | 0.92 |
| 2017-12-31 | 1.02 |
| 2017-09-30 | 0.88 |
| 2017-06-30 | 0.81 |
| 2017-03-31 | 0.95 |
| 2016-12-31 | 1.09 |
| 2016-09-30 | 0.90 |
| 2016-06-30 | 0.79 |
| 2016-03-31 | 0.90 |
| 2015-12-31 | 0.99 |
| 2015-09-30 | 0.89 |
| 2015-06-30 | 0.86 |
| 2015-03-31 | 0.88 |
| 2014-12-31 | 0.99 |
| 2014-09-30 | 0.75 |
| 2014-06-30 | 0.73 |
| 2014-03-31 | 1.18 |
| 2013-12-31 | 1.00 |
| 2013-09-30 | 0.93 |
| 2013-06-30 | 0.79 |
| 2013-03-31 | 0.88 |
| 2012-12-31 | 0.94 |
| 2012-09-30 | 0.68 |
| 2012-06-30 | 0.65 |
| 2012-03-31 | 0.55 |
| 2011-12-31 | 0.79 |
| 2011-09-30 | 0.68 |
| 2011-06-30 | 0.72 |
| 2011-03-31 | 1.10 |
| 2010-12-31 | 1.21 |
| 2010-09-30 | 1.27 |
| 2010-06-30 | 0.93 |
| 2010-03-31 | 0.97 |
| 2009-12-31 | 1.43 |
| 2009-09-30 | 1.71 |
| 2009-06-30 | 1.75 |
| 2009-03-31 | 1.58 |
| 2008-12-31 | 1.51 |
| 2008-09-30 | 1.50 |
| 2008-06-30 | 1.15 |
| 2008-03-31 | 1.69 |
| 2007-12-31 | 1.98 |
| 2007-09-30 | 1.33 |
| 2007-06-30 | 1.05 |
| 2007-03-31 | 1.15 |
| 2006-12-31 | 1.45 |
| 2006-09-30 | 1.27 |
| 2006-06-30 | 1.27 |
| 2006-03-31 | 1.37 |
| 2005-12-31 | 1.65 |
| 2005-09-30 | 1.46 |
| 2005-06-30 | 1.39 |
| 2005-03-31 | 1.61 |
| 2004-12-31 | 1.69 |
| 2004-09-30 | 3.09 |
| 2004-06-30 | 2.74 |
| 2004-03-31 | 2.89 |
| 2003-12-31 | 4.62 |
| 2003-09-30 | 3.59 |
| 2003-06-30 | 3.09 |
| 2003-03-31 | 3.16 |
| 2002-12-31 | 2.98 |
| 2002-09-30 | 2.64 |
