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 1.32 is in line with its 5-year average of 1.39, near the low end of its 5-year range (1.26–2.95).
As of the fiscal period ended Tuesday, June 30, 2026. 4.13% below its 12-month average of 1.38.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.32.
QUICK RATIO (ACID-TEST)
1.32
QUICK RATIO (ACID-TEST) AVG TTM
1.38
QUICK RATIO (ACID-TEST) AVG 3Y
1.37
QUICK RATIO (ACID-TEST) AVG 5Y
1.39
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
-4.13%
CURRENT VS 3Y AVG
-3.31%
CURRENT VS 5Y AVG
-5.06%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.18
median of 170 covered companies
CURRENT VS SECTOR MEDIAN
+11.99%
vs the sector median at left
APi Group Corporation
Market Cap
$17.49B
Quick Ratio (Acid-Test)
1.32
TTM Avg
1.38
3Y Avg
1.37
5Y Avg
1.39
Market Cap
$17.18B
Quick Ratio (Acid-Test)
2.15
TTM Avg
1.94
3Y Avg
1.91
5Y Avg
2.30
Market Cap
$16.88B
Quick Ratio (Acid-Test)
1.52
TTM Avg
1.52
3Y Avg
1.52
5Y Avg
1.52
Market Cap
$16.70B
Quick Ratio (Acid-Test)
5.97
TTM Avg
1.87
3Y Avg
2.46
5Y Avg
2.46
Market Cap
$18.58B
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.28
3Y Avg
1.20
5Y Avg
1.45
Market Cap
$18.59B
Quick Ratio (Acid-Test)
1.58
TTM Avg
1.41
3Y Avg
1.32
5Y Avg
1.39
Market Cap
$18.60B
Quick Ratio (Acid-Test)
1.23
TTM Avg
1.27
3Y Avg
1.31
5Y Avg
1.26
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| APi Group Corporation (APG) | $17.49B | 1.32 | 1.38 | 1.37 | 1.39 |
| MasTec, Inc. (MTZ)vs › | $17.34B | 1.37 | 1.23 | 1.33 | 1.42 |
| IDEX Corporation (IEX)vs › | $17.18B | 2.15 | 1.94 | 1.91 | 2.30 |
| FedEx Freight Holding Company, Inc. (FDXF)vs › | $16.88B | 1.52 | 1.52 | 1.52 | 1.52 |
| CNH Industrial N.V. (CNH)vs › | $16.70B | 5.97 | 1.87 | 2.46 | 2.46 |
| Equifax Inc. (EFX)vs › | $16.45B | 0.60 | 0.68 | 0.68 | 0.70 |
| Nordson Corporation (NDSN)vs › | $18.58B | 1.18 | 1.28 | 1.20 | 1.45 |
| C.H. Robinson Worldwide, Inc. (CHRW)vs › | $18.59B | 1.58 | 1.41 | 1.32 | 1.39 |
| WESCO International, Inc. (WCC)vs › | $18.60B | 1.23 | 1.27 | 1.31 | 1.26 |
| Sterling Infrastructure, Inc. (STRL)vs › | $16.37B | 1.11 | 1.19 | 1.24 | 1.22 |
Quick Ratio
1.32
Excludes inventory
Current Ratio
1.39
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 | 1.32 |
| 2026-03-31 | 1.36 |
| 2025-12-31 | 1.43 |
| 2025-09-30 | 1.41 |
| 2025-06-30 | 1.37 |
| 2025-03-31 | 1.38 |
| 2024-12-31 | 1.33 |
| 2024-09-30 | 1.42 |
| 2024-06-30 | 1.38 |
| 2024-03-31 | 1.26 |
| 2023-12-31 | 1.35 |
| 2023-09-30 | 1.31 |
| 2023-06-30 | 1.43 |
| 2023-03-31 | 1.42 |
| 2022-12-31 | 1.30 |
| 2022-09-30 | 1.52 |
| 2022-06-30 | 1.52 |
| 2022-03-31 | 1.53 |
| 2021-12-31 | 2.95 |
| 2021-09-30 | 2.74 |
| 2021-06-30 | 2.21 |
| 2021-03-31 | 2.01 |
| 2020-12-31 | 1.63 |
| 2020-09-30 | 1.74 |
| 2020-06-30 | 1.62 |
| 2020-03-31 | 1.51 |
| 2019-12-31 | 1.56 |
| 2019-09-30 | 1.10 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
| 2018-08-31 | 8912.15 |
| 2018-02-28 | 147918.93 |