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. Q2 FY2026 (2026-07-03): 1.61.
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
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+40.79%
vs the sector median at left
Veralto Corporation
Market Cap
$23.44B
Quick Ratio (Acid-Test)
1.61
TTM Avg
1.58
3Y Avg
1.61
5Y Avg
N/A
Market Cap
$24.16B
Quick Ratio (Acid-Test)
0.93
TTM Avg
0.99
3Y Avg
1.04
5Y Avg
1.07
Market Cap
$24.34B
Quick Ratio (Acid-Test)
1.57
TTM Avg
1.79
3Y Avg
1.95
5Y Avg
1.95
Market Cap
$22.34B
Quick Ratio (Acid-Test)
1.26
TTM Avg
0.92
3Y Avg
1.14
5Y Avg
1.26
Market Cap
$22.08B
Quick Ratio (Acid-Test)
1.06
TTM Avg
1.01
3Y Avg
0.94
5Y Avg
0.94
Market Cap
$25.11B
Quick Ratio (Acid-Test)
1.41
TTM Avg
1.40
3Y Avg
1.11
5Y Avg
1.03
Market Cap
$25.89B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.84
3Y Avg
0.85
5Y Avg
0.91
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veralto Corporation (VLTO) | $23.44B | 1.61 | 1.58 | 1.61 | N/A |
| Hubbell Incorporated (HUBB)vs › | $24.16B | 0.93 | 0.99 | 1.04 | 1.07 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.34B | 1.57 | 1.79 | 1.95 | 1.95 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $22.34B | 1.26 | 0.92 | 1.14 | 1.26 |
| MTU Aero Engines AG (MTUAY)vs › | $22.08B | 1.06 | 1.01 | 0.94 | 0.94 |
| Dover Corporation (DOV)vs › | $25.11B | 1.41 | 1.40 | 1.11 | 1.03 |
| Xylem Inc. (XYL)vs › | $25.18B | 1.24 | 1.31 | 1.32 | 1.43 |
| ATI Inc. (ATI)vs › | $25.51B | 1.14 | 1.29 | 1.36 | 1.43 |
| Otis Worldwide Corporation (OTIS)vs › | $25.89B | 0.75 | 0.84 | 0.85 | 0.91 |
| XPO Logistics, Inc. (XPO)vs › | $20.85B | 1.01 | 1.06 | 1.05 | 1.05 |
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 |
