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 1.61 is 30% above its 4-year average of 1.24, near the high end of its 4-year range (0.00–2.06).
As of the fiscal period ended Friday, July 3, 2026. 1.92% above its 12-month average of 1.58.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.61
QUICK RATIO (ACID-TEST) AVG TTM
1.58
QUICK RATIO (ACID-TEST) AVG 3Y
1.61
QUICK RATIO (ACID-TEST) AVG 5Y
N/A
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
+1.92%
CURRENT VS 3Y AVG
-0.03%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.06
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
+52.08%
vs the sector median at left
Veralto Corporation
Market Cap
$24.02B
Quick Ratio (Acid-Test)
1.61
TTM Avg
1.58
3Y Avg
1.61
5Y Avg
N/A
Market Cap
$23.71B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.06
3Y Avg
1.05
5Y Avg
1.05
Market Cap
$23.63B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.79
3Y Avg
1.95
5Y Avg
1.95
Market Cap
$23.01B
Quick Ratio (Acid-Test)
0.42
TTM Avg
0.65
3Y Avg
0.93
5Y Avg
1.27
Market Cap
$25.37B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.92
3Y Avg
1.14
5Y Avg
1.26
Market Cap
$25.67B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.09
3Y Avg
1.19
5Y Avg
1.17
Market Cap
$21.50B
Quick Ratio (Acid-Test)
2.64
TTM Avg
3.68
3Y Avg
3.22
5Y Avg
2.87
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veralto Corporation (VLTO) | $24.02B | 1.61 | 1.58 | 1.61 | N/A |
| XPO Logistics, Inc. (XPO)vs › | $23.71B | N/A | 1.06 | 1.05 | 1.05 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.63B | N/A | 1.79 | 1.95 | 1.95 |
| Southwest Airlines Co. (LUV)vs › | $23.01B | 0.42 | 0.65 | 0.93 | 1.27 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.37B | N/A | 0.92 | 1.14 | 1.26 |
| Curtiss-Wright Corporation (CW)vs › | $25.67B | 1.05 | 1.09 | 1.19 | 1.17 |
| Symbotic Inc. (SYM)vs › | $25.76B | 1.23 | 1.11 | 1.01 | 1.01 |
| Snap-on Incorporated (SNA)vs › | $21.50B | 2.64 | 3.68 | 3.22 | 2.87 |
| Equifax Inc. (EFX)vs › | $21.41B | N/A | 0.68 | 0.68 | 0.70 |
| MasTec, Inc. (MTZ)vs › | $21.34B | 1.37 | 1.23 | 1.33 | 1.42 |
Quick Ratio
1.61
Excludes inventory
Current Ratio
1.78
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) |
|---|---|
| 2026-07-03 | 1.61 |
| 2026-04-03 | 1.32 |
| 2025-12-31 | 1.52 |
| 2025-10-03 | 1.40 |
| 2025-07-04 | 2.06 |
| 2025-04-04 | 1.92 |
| 2024-12-31 | 1.69 |
| 2024-09-27 | 1.87 |
| 2024-06-28 | 1.70 |
| 2024-03-31 | 1.56 |
| 2023-12-31 | 1.40 |
| 2023-09-30 | 1.30 |
| 2023-06-30 | 1.15 |
| 2023-03-31 | 0.92 |
| 2022-12-31 | 0.83 |
| 2022-09-30 | 0.00 |
| 2022-07-01 | 0.00 |
| 2022-04-30 | 0.00 |