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 0.89 is 19% above its 5-year average of 0.74, near the high end of its 5-year range (0.63–0.89).
As of the fiscal period ended Tuesday, June 30, 2026. 7.69% above its 12-month average of 0.82.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.89.
QUICK RATIO (ACID-TEST)
0.89
QUICK RATIO (ACID-TEST) AVG TTM
0.82
QUICK RATIO (ACID-TEST) AVG 3Y
0.73
QUICK RATIO (ACID-TEST) AVG 5Y
0.74
QUICK RATIO (ACID-TEST) AVG 10Y
0.78
QUICK RATIO (ACID-TEST) AVG 15Y
0.78
QUICK RATIO (ACID-TEST) AVG 20Y
0.78
CURRENT VS TTM AVG
+7.69%
CURRENT VS 3Y AVG
+22.10%
CURRENT VS 5Y AVG
+19.12%
CURRENT VS 10Y AVG
+13.91%
CURRENT VS 15Y AVG
+12.86%
CURRENT VS 20Y AVG
+13.28%
SECTOR MEDIAN · INDUSTRIALS
1.31
median of 342 covered companies
CURRENT VS SECTOR MEDIAN
-32.40%
vs the sector median at left
Elbit Systems Ltd.
Market Cap
$32.68B
Quick Ratio (Acid-Test)
0.89
TTM Avg
0.82
3Y Avg
0.73
5Y Avg
0.74
Market Cap
$32.14B
Quick Ratio (Acid-Test)
0.87
TTM Avg
1.01
3Y Avg
1.00
5Y Avg
0.99
Market Cap
$33.85B
Quick Ratio (Acid-Test)
1.80
TTM Avg
1.75
3Y Avg
2.24
5Y Avg
2.47
Market Cap
$31.09B
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.60
3Y Avg
1.66
5Y Avg
1.83
Market Cap
$35.21B
Quick Ratio (Acid-Test)
1.25
TTM Avg
1.23
3Y Avg
1.23
5Y Avg
1.29
Market Cap
$37.07B
Quick Ratio (Acid-Test)
1.89
TTM Avg
1.39
3Y Avg
1.66
5Y Avg
2.16
Market Cap
$37.13B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.67
3Y Avg
0.76
5Y Avg
0.88
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elbit Systems Ltd. (ESLT) | $32.68B | 0.89 | 0.82 | 0.73 | 0.74 |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $32.14B | 0.87 | 1.01 | 1.00 | 0.99 |
| Axon Enterprise, Inc. (AXON)vs › | $33.85B | 1.80 | 1.75 | 2.24 | 2.47 |
| Ingersoll Rand Inc. (IR)vs › | $31.09B | 1.15 | 1.60 | 1.66 | 1.83 |
| EMCOR Group, Inc. (EME)vs › | $35.21B | 1.25 | 1.23 | 1.23 | 1.29 |
| Paychex, Inc. (PAYX)vs › | $35.35B | 1.28 | 1.27 | 1.30 | 1.28 |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $37.07B | 1.89 | 1.39 | 1.66 | 2.16 |
| United Airlines Holdings, Inc. (UAL)vs › | $37.13B | 0.72 | 0.67 | 0.76 | 0.88 |
| Ferrovial SE (FER)vs › | $37.35B | 1.09 | 1.09 | 1.15 | 1.22 |
| nVent Electric plc (NVT)vs › | $27.55B | 1.33 | 1.22 | 1.26 | 1.19 |
Quick Ratio
0.89
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 | 0.89 |
| 2026-03-31 | 0.86 |
| 2025-12-31 | 0.84 |
| 2025-09-30 | 0.76 |
| 2025-06-30 | 0.77 |
| 2025-03-31 | 0.70 |
| 2024-12-31 | 0.67 |
| 2024-09-30 | 0.64 |
| 2024-06-30 | 0.63 |
| 2024-03-31 | 0.66 |
| 2023-12-31 | 0.72 |
| 2023-09-30 | 0.64 |
| 2023-06-30 | 0.65 |
| 2023-03-31 | 0.70 |
| 2022-12-31 | 0.72 |
| 2022-09-30 | 0.73 |
| 2022-06-30 | 0.75 |
| 2022-03-31 | 0.84 |
| 2021-12-31 | 0.87 |
| 2021-09-30 | 0.84 |
| 2021-06-30 | 0.73 |
| 2021-03-31 | 0.79 |
| 2020-12-31 | 0.84 |
| 2020-09-30 | 0.83 |
| 2020-06-30 | 0.85 |
| 2020-03-31 | 0.80 |
| 2019-12-31 | 0.77 |
| 2019-09-30 | 0.72 |
| 2019-06-30 | 0.73 |
| 2019-03-31 | 0.73 |
| 2018-12-31 | 0.73 |
| 2018-09-30 | 0.87 |
| 2018-06-30 | 0.84 |
| 2018-03-31 | 0.92 |
| 2017-12-31 | 0.82 |
| 2017-09-30 | 0.82 |
| 2017-06-30 | 0.84 |
| 2017-03-31 | 0.82 |
| 2016-12-31 | 0.84 |
| 2016-09-30 | 0.81 |
| 2016-06-30 | 0.87 |
| 2016-03-31 | 0.92 |
| 2015-12-31 | 0.88 |
| 2015-09-30 | 0.81 |
| 2015-06-30 | 0.84 |
| 2015-03-31 | 0.77 |
| 2014-12-31 | 0.88 |
| 2014-09-30 | 0.87 |
| 2014-06-30 | 0.91 |
| 2014-03-31 | 0.82 |
| 2013-12-31 | 0.86 |
| 2013-09-30 | 0.86 |
| 2013-06-30 | 0.77 |
| 2013-03-31 | 0.78 |
| 2012-12-31 | 0.75 |
| 2012-09-30 | 0.71 |
| 2012-06-30 | 0.71 |
| 2012-03-31 | 0.77 |
| 2011-12-31 | 0.67 |
| 2011-09-30 | 0.66 |
| 2011-06-30 | 0.71 |
| 2011-03-31 | 0.76 |
| 2010-12-31 | 0.79 |
| 2010-09-30 | 0.98 |
| 2010-06-30 | 0.89 |
| 2010-03-31 | 0.85 |
| 2009-12-31 | 0.86 |
| 2009-09-30 | 1.24 |
| 2009-06-30 | 0.79 |
| 2009-03-31 | 0.74 |
| 2008-12-31 | 0.73 |
| 2008-09-30 | 0.69 |
| 2008-06-30 | 0.77 |
| 2008-03-31 | 0.72 |
| 2007-12-31 | 0.74 |
| 2007-09-30 | 0.78 |
| 2007-06-30 | 0.76 |
| 2007-03-31 | 0.70 |
| 2006-12-31 | 0.69 |
| 2006-09-30 | 0.68 |
| 2006-06-30 | 0.75 |
| 2006-03-31 | 0.75 |
| 2005-12-31 | 0.83 |
| 2005-09-30 | 0.97 |
| 2005-06-30 | 0.69 |
| 2005-03-31 | 0.79 |
| 2004-12-31 | 0.80 |
| 2004-09-30 | 0.76 |
| 2004-06-30 | 0.89 |
| 2004-03-31 | 0.87 |
| 2003-12-31 | 0.87 |
| 2003-09-30 | 0.76 |
| 2003-06-30 | 0.82 |
| 2003-03-31 | 0.90 |
| 2002-12-31 | 0.93 |
| 2002-09-30 | 0.93 |