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 1.23 is in line with its 5-year average of 1.19, near the low end of its 5-year range (0.85–2.17).
As of the fiscal period ended Tuesday, June 30, 2026. 2.62% below its 12-month average of 1.27.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.23
QUICK RATIO (ACID-TEST) AVG TTM
1.27
QUICK RATIO (ACID-TEST) AVG 3Y
1.27
QUICK RATIO (ACID-TEST) AVG 5Y
1.19
QUICK RATIO (ACID-TEST) AVG 10Y
1.30
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-2.62%
CURRENT VS 3Y AVG
-2.67%
CURRENT VS 5Y AVG
+3.42%
CURRENT VS 10Y AVG
-4.88%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.08
median of 105 covered companies
CURRENT VS SECTOR MEDIAN
+14.13%
vs the sector median at left
Market Cap
$14.63B
Quick Ratio (Acid-Test)
0.77
TTM Avg
0.77
3Y Avg
0.68
5Y Avg
0.74
Market Cap
$13.04B
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.04
3Y Avg
0.96
5Y Avg
1.00
Market Cap
$12.99B
Quick Ratio (Acid-Test)
N/A
TTM Avg
4.22
3Y Avg
3.64
5Y Avg
3.24
Market Cap
$15.47B
Quick Ratio (Acid-Test)
N/A
TTM Avg
2.06
3Y Avg
2.08
5Y Avg
1.91
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Allegion plc (ALLE) | $14.08B | 1.23 | 1.27 | 1.27 | 1.19 |
| Lennox International Inc. (LII)vs › | $14.63B | 0.77 | 0.77 | 0.68 | 0.74 |
| Graco Inc. (GGG)vs › | $13.50B | 2.14 | 2.49 | 2.29 | 2.22 |
| Huntington Ingalls Industries, Inc. (HII)vs › | $13.04B | 1.14 | 1.04 | 0.96 | 1.00 |
| CNH Industrial N.V. (CNH)vs › | $12.99B | N/A | 4.22 | 3.64 | 3.24 |
| Gartner, Inc. (IT)vs › | $12.93B | N/A | 1.03 | 0.94 | 0.89 |
| Textron Inc. (TXT)vs › | $15.34B | 0.50 | 0.85 | 0.81 | 0.96 |
| BWX Technologies, Inc. (BWXT)vs › | $15.47B | N/A | 2.06 | 2.08 | 1.91 |
| Crane Company (CR)vs › | $12.67B | 1.84 | 3.30 | 2.29 | 1.98 |
| Stanley Black & Decker, Inc. (SWK)vs › | $15.50B | 0.55 | 0.35 | 0.37 | 0.36 |
Quick Ratio
1.23
Excludes inventory
Current Ratio
1.93
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 | 1.23 |
| 2026-03-31 | 1.19 |
| 2025-12-31 | 1.16 |
| 2025-09-30 | 1.11 |
| 2025-06-30 | 1.64 |
| 2025-03-31 | 1.51 |
| 2024-12-31 | 1.43 |
| 2024-09-30 | 1.29 |
| 2024-06-30 | 1.23 |
| 2024-03-31 | 0.87 |
| 2023-12-31 | 0.85 |
| 2023-09-30 | 1.31 |
| 2023-06-30 | 1.20 |
| 2023-03-31 | 1.17 |
| 2022-12-31 | 1.05 |
| 2022-09-30 | 1.10 |
| 2022-06-30 | 2.17 |
| 2022-03-31 | 1.16 |
| 2021-12-31 | 1.23 |
| 2021-09-30 | 1.08 |
| 2021-06-30 | 1.48 |
| 2021-03-31 | 1.50 |
| 2020-12-31 | 1.65 |
| 2020-09-30 | 1.70 |
| 2020-06-30 | 1.47 |
| 2020-03-31 | 1.42 |
| 2019-12-31 | 1.44 |
| 2019-09-30 | 1.30 |
| 2019-06-30 | 1.12 |
| 2019-03-31 | 1.14 |
| 2018-12-31 | 1.25 |
| 2018-09-30 | 1.22 |
| 2018-06-30 | 1.24 |
| 2018-03-31 | 1.17 |
| 2017-12-31 | 1.72 |
| 2017-09-30 | 1.54 |
| 2017-06-30 | 1.35 |
| 2017-03-31 | 1.27 |
| 2016-12-31 | 1.42 |
| 2016-09-30 | 1.33 |
| 2016-06-30 | 1.28 |
| 2016-03-31 | 1.22 |
| 2015-12-31 | 1.19 |
| 2015-09-30 | 1.27 |
| 2015-06-30 | 1.50 |
| 2015-03-31 | 1.49 |
| 2014-12-31 | 1.50 |
| 2014-09-30 | 1.62 |
| 2014-06-30 | 1.63 |
| 2014-03-31 | 1.62 |
| 2013-12-31 | 1.56 |
| 2013-09-30 | 2.26 |
| 2013-06-30 | 2.19 |
| 2013-03-31 | 2.21 |
| 2012-12-31 | 1.94 |
