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 0.76 is in line with its 5-year average of 0.81, near the low end of its 5-year range (0.59–1.34).
As of the fiscal period ended Tuesday, June 30, 2026. 2.54% below its 12-month average of 0.78.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.76.
QUICK RATIO (ACID-TEST)
0.76
QUICK RATIO (ACID-TEST) AVG TTM
0.78
QUICK RATIO (ACID-TEST) AVG 3Y
0.76
QUICK RATIO (ACID-TEST) AVG 5Y
0.81
QUICK RATIO (ACID-TEST) AVG 10Y
1.09
QUICK RATIO (ACID-TEST) AVG 15Y
1.06
QUICK RATIO (ACID-TEST) AVG 20Y
1.11
CURRENT VS TTM AVG
-2.54%
CURRENT VS 3Y AVG
+0.36%
CURRENT VS 5Y AVG
-5.97%
CURRENT VS 10Y AVG
-29.88%
CURRENT VS 15Y AVG
-27.91%
CURRENT VS 20Y AVG
-30.96%
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-33.27%
vs the sector median at left
Market Cap
$55.99B
Quick Ratio (Acid-Test)
2.21
TTM Avg
2.34
3Y Avg
2.19
5Y Avg
2.10
Market Cap
$51.79B
Quick Ratio (Acid-Test)
0.35
TTM Avg
0.33
3Y Avg
0.36
5Y Avg
0.53
Market Cap
$56.84B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.13
3Y Avg
1.10
5Y Avg
1.13
Market Cap
$48.04B
Quick Ratio (Acid-Test)
0.83
TTM Avg
0.62
3Y Avg
0.62
5Y Avg
0.62
Market Cap
$60.38B
Quick Ratio (Acid-Test)
1.70
TTM Avg
1.54
3Y Avg
1.52
5Y Avg
1.50
Market Cap
$47.77B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.91
3Y Avg
1.39
5Y Avg
1.39
Market Cap
$47.41B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.74
3Y Avg
0.81
5Y Avg
0.86
Market Cap
$47.40B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.63
3Y Avg
0.64
5Y Avg
0.66
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AMETEK, Inc. (AME) | $54.15B | 0.76 | 0.78 | 0.76 | 0.81 |
| Fastenal Company (FAST)vs › | $55.99B | 2.21 | 2.34 | 2.19 | 2.10 |
| Delta Air Lines, Inc. (DAL)vs › | $51.79B | 0.35 | 0.33 | 0.36 | 0.53 |
| Comfort Systems USA, Inc. (FIX)vs › | $56.84B | 1.19 | 1.13 | 1.10 | 1.13 |
| Honeywell Aerospace Inc (HONA)vs › | $48.04B | 0.83 | 0.62 | 0.62 | 0.62 |
| W.W. Grainger, Inc. (GWW)vs › | $60.38B | 1.70 | 1.54 | 1.52 | 1.50 |
| Carrier Global Corporation (CARR)vs › | $47.77B | 0.72 | 0.91 | 1.39 | 1.39 |
| Rockwell Automation, Inc. (ROK)vs › | $47.41B | 0.74 | 0.74 | 0.81 | 0.86 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $47.40B | 0.59 | 0.63 | 0.64 | 0.66 |
| L3Harris Technologies, Inc. (LHX)vs › | $46.63B | 1.03 | 0.96 | 0.91 | 0.97 |
Quick Ratio
0.76
Excludes inventory
Current Ratio
1.21
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 | 0.76 |
| 2026-03-31 | 0.72 |
| 2025-12-31 | 0.67 |
| 2025-09-30 | 0.72 |
| 2025-06-30 | 1.04 |
| 2025-03-31 | 0.86 |
| 2024-12-31 | 0.75 |
| 2024-09-30 | 0.84 |
| 2024-06-30 | 0.76 |
| 2024-03-31 | 0.66 |
| 2023-12-31 | 0.59 |
| 2023-09-30 | 1.21 |
| 2023-06-30 | 1.34 |
| 2023-03-31 | 1.07 |
| 2022-12-31 | 0.95 |
| 2022-09-30 | 0.88 |
| 2022-06-30 | 0.88 |
| 2022-03-31 | 0.88 |
| 2021-12-31 | 0.87 |
| 2021-09-30 | 0.81 |
| 2021-06-30 | 0.72 |
| 2021-03-31 | 1.73 |
| 2020-12-31 | 1.82 |
| 2020-09-30 | 1.47 |
| 2020-06-30 | 1.86 |
| 2020-03-31 | 1.43 |
| 2019-12-31 | 0.98 |
| 2019-09-30 | 1.48 |
| 2019-06-30 | 1.53 |
| 2019-03-31 | 1.27 |
| 2018-12-31 | 0.96 |
| 2018-09-30 | 1.42 |
| 2018-06-30 | 1.19 |
| 2018-03-31 | 1.18 |
| 2017-12-31 | 1.22 |
| 2017-09-30 | 1.16 |
| 2017-06-30 | 1.25 |
| 2017-03-31 | 1.24 |
| 2016-12-31 | 1.55 |
| 2016-09-30 | 0.95 |
| 2016-06-30 | 0.97 |
| 2016-03-31 | 0.86 |
| 2015-12-31 | 1.08 |
| 2015-09-30 | 1.13 |
| 2015-06-30 | 1.27 |
| 2015-03-31 | 1.23 |
| 2014-12-31 | 1.16 |
| 2014-09-30 | 1.28 |
| 2014-06-30 | 0.88 |
| 2014-03-31 | 1.02 |
| 2013-12-31 | 1.04 |
| 2013-09-30 | 1.17 |
| 2013-06-30 | 1.18 |
| 2013-03-31 | 0.98 |
| 2012-12-31 | 0.83 |
| 2012-09-30 | 0.95 |
| 2012-06-30 | 0.80 |
| 2012-03-31 | 1.01 |
| 2011-12-31 | 1.08 |
| 2011-09-30 | 1.38 |
| 2011-06-30 | 1.19 |
| 2011-03-31 | 1.37 |
| 2010-12-31 | 1.16 |
| 2010-09-30 | 1.29 |
| 2010-06-30 | 1.45 |
| 2010-03-31 | 1.54 |
| 2009-12-31 | 1.55 |
| 2009-09-30 | 1.44 |
| 2009-06-30 | 1.51 |
| 2009-03-31 | 1.44 |
| 2008-12-31 | 1.35 |
| 2008-09-30 | 1.11 |
| 2008-06-30 | 0.76 |
| 2008-03-31 | 0.90 |
| 2007-12-31 | 1.02 |
| 2007-09-30 | 0.87 |
| 2007-06-30 | 0.97 |
| 2007-03-31 | 1.01 |
| 2006-12-31 | 0.93 |
| 2006-09-30 | 0.91 |
| 2006-06-30 | 0.85 |
| 2006-03-31 | 0.93 |
| 2005-12-31 | 0.90 |
| 2005-09-30 | 1.20 |
| 2005-06-30 | 1.28 |
| 2005-03-31 | 1.22 |
| 2004-12-31 | 1.08 |
| 2004-09-30 | 0.99 |
| 2004-06-30 | 1.04 |
| 2004-03-31 | 0.91 |
| 2003-12-31 | 0.83 |
| 2003-10-30 | 0.72 |
| 2003-06-30 | 0.91 |
| 2003-03-31 | 0.81 |
| 2002-12-31 | 0.85 |
| 2002-09-30 | 0.77 |