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 1.45 is in line with its 5-year average of 1.33, around the middle of its 5-year range (1.02–2.18).
As of the fiscal period ended Tuesday, June 30, 2026. 12.71% below its 12-month average of 1.66.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.45
QUICK RATIO (ACID-TEST) AVG TTM
1.66
QUICK RATIO (ACID-TEST) AVG 3Y
1.48
QUICK RATIO (ACID-TEST) AVG 5Y
1.33
QUICK RATIO (ACID-TEST) AVG 10Y
1.38
QUICK RATIO (ACID-TEST) AVG 15Y
1.42
QUICK RATIO (ACID-TEST) AVG 20Y
1.42
CURRENT VS TTM AVG
-12.71%
CURRENT VS 3Y AVG
-2.04%
CURRENT VS 5Y AVG
+8.81%
CURRENT VS 10Y AVG
+5.31%
CURRENT VS 15Y AVG
+1.81%
CURRENT VS 20Y AVG
+1.87%
SECTOR MEDIAN · INDUSTRIALS
1.13
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
+28.72%
vs the sector median at left
Market Cap
$12.51B
Quick Ratio (Acid-Test)
1.75
TTM Avg
2.05
3Y Avg
2.20
5Y Avg
2.09
Market Cap
$13.52B
Quick Ratio (Acid-Test)
0.77
TTM Avg
0.77
3Y Avg
0.68
5Y Avg
0.74
Market Cap
$11.71B
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.04
3Y Avg
0.96
5Y Avg
1.00
Market Cap
$14.17B
Quick Ratio (Acid-Test)
5.97
TTM Avg
1.87
3Y Avg
2.46
5Y Avg
2.46
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Watsco, Inc. (WSO) | $12.89B | 1.45 | 1.66 | 1.48 | 1.33 |
| Graco Inc. (GGG)vs › | $12.89B | 2.14 | 2.49 | 2.29 | 2.22 |
| Applied Industrial Technologies, Inc. (AIT)vs › | $12.51B | 1.75 | 2.05 | 2.20 | 2.09 |
| Lennox International Inc. (LII)vs › | $13.52B | 0.77 | 0.77 | 0.68 | 0.74 |
| Allegion plc (ALLE)vs › | $13.58B | 1.23 | 1.29 | 1.12 | 1.23 |
| Crane Company (CR)vs › | $12.07B | 1.84 | 3.30 | 2.29 | 1.98 |
| Huntington Ingalls Industries, Inc. (HII)vs › | $11.71B | 1.14 | 1.04 | 0.96 | 1.00 |
| Textron Inc. (TXT)vs › | $14.16B | 0.50 | 0.85 | 0.81 | 0.96 |
| CNH Industrial N.V. (CNH)vs › | $14.17B | 5.97 | 1.87 | 2.46 | 2.46 |
| Generac Holdings Inc. (GNRC)vs › | $11.61B | 1.00 | 0.98 | 0.92 | 1.00 |
Quick Ratio
1.45
Excludes inventory
Current Ratio
3.20
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 | 1.45 |
| 2026-03-31 | 1.54 |
| 2025-12-31 | 2.18 |
| 2025-09-30 | 1.86 |
| 2025-06-30 | 1.26 |
| 2025-03-31 | 1.36 |
| 2024-12-31 | 1.72 |
| 2024-09-30 | 1.65 |
| 2024-06-30 | 1.55 |
| 2024-03-31 | 1.31 |
| 2023-12-31 | 1.47 |
| 2023-09-30 | 1.33 |
| 2023-06-30 | 1.25 |
| 2023-03-31 | 1.03 |
| 2022-12-31 | 1.02 |
| 2022-09-30 | 1.09 |
| 2022-06-30 | 1.08 |
| 2022-03-31 | 1.11 |
| 2021-12-31 | 1.16 |
| 2021-09-30 | 1.18 |
| 2021-06-30 | 1.20 |
| 2021-03-31 | 1.12 |
| 2020-12-31 | 1.44 |
| 2020-09-30 | 1.25 |
| 2020-06-30 | 1.22 |
| 2020-03-31 | 1.24 |
| 2019-12-31 | 1.36 |
| 2019-09-30 | 1.33 |
| 2019-06-30 | 1.25 |
| 2019-03-31 | 1.27 |
| 2018-12-31 | 1.69 |
| 2018-09-30 | 1.36 |
| 2018-06-30 | 1.43 |
| 2018-03-31 | 1.49 |
| 2017-12-31 | 1.38 |
| 2017-09-30 | 1.42 |
| 2017-06-30 | 1.61 |
| 2017-03-31 | 1.45 |
| 2016-12-31 | 1.76 |
| 2016-09-30 | 1.70 |
| 2016-06-30 | 1.62 |
| 2016-03-31 | 1.49 |
| 2015-12-31 | 1.88 |
| 2015-09-30 | 1.70 |
| 2015-06-30 | 1.73 |
| 2015-03-31 | 1.33 |
| 2014-12-31 | 1.67 |
| 2014-09-30 | 1.59 |
| 2014-06-30 | 1.52 |
| 2014-03-31 | 1.22 |
| 2013-12-31 | 1.80 |
| 2013-09-30 | 1.66 |
| 2013-06-30 | 1.57 |
| 2013-03-31 | 1.36 |
| 2012-12-31 | 1.66 |
| 2012-09-30 | 1.59 |
| 2012-06-30 | 1.48 |
| 2012-03-31 | 1.23 |
| 2011-12-31 | 1.63 |
| 2011-09-30 | 1.18 |
| 2011-06-30 | 1.06 |
| 2011-03-31 | 1.18 |
| 2010-12-31 | 1.68 |
| 2010-09-30 | 1.40 |
| 2010-06-30 | 1.10 |
| 2010-03-31 | 1.42 |
| 2009-12-31 | 1.54 |
| 2009-09-30 | 1.42 |
| 2009-06-30 | 1.54 |
| 2009-03-31 | 1.74 |
| 2008-12-31 | 1.91 |
| 2008-09-30 | 1.51 |
| 2008-06-30 | 1.03 |
| 2008-03-31 | 1.24 |
| 2007-12-31 | 1.54 |
| 2007-09-30 | 1.54 |
| 2007-06-30 | 1.40 |
| 2007-03-31 | 1.17 |
| 2006-12-31 | 1.45 |
| 2006-09-30 | 1.42 |
| 2006-06-30 | 1.15 |
| 2006-03-31 | 1.15 |
| 2005-12-31 | 1.27 |
| 2005-09-30 | 1.34 |
| 2005-06-30 | 1.28 |
| 2005-03-31 | 1.39 |
| 2004-12-31 | 1.62 |
| 2004-09-30 | 1.34 |
| 2004-06-30 | 1.27 |
| 2004-03-31 | 1.62 |
| 2003-12-31 | 1.70 |
| 2003-09-30 | 1.42 |
| 2003-06-30 | 1.40 |
| 2003-03-31 | 1.73 |
| 2002-12-31 | 1.96 |
| 2002-09-30 | 1.71 |