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 0.75 is 12% below its 5-year average of 0.86, around the middle of its 5-year range (0.58–1.14).
As of the fiscal period ended Tuesday, March 31, 2026. 4.97% below its 12-month average of 0.79.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.75
QUICK RATIO (ACID-TEST) AVG TTM
0.79
QUICK RATIO (ACID-TEST) AVG 3Y
0.92
QUICK RATIO (ACID-TEST) AVG 5Y
0.86
QUICK RATIO (ACID-TEST) AVG 10Y
0.94
QUICK RATIO (ACID-TEST) AVG 15Y
1.00
QUICK RATIO (ACID-TEST) AVG 20Y
1.00
CURRENT VS TTM AVG
-4.97%
CURRENT VS 3Y AVG
-17.84%
CURRENT VS 5Y AVG
-12.37%
CURRENT VS 10Y AVG
-19.69%
CURRENT VS 15Y AVG
-24.75%
CURRENT VS 20Y AVG
-24.56%
SECTOR MEDIAN · INDUSTRIALS
1.16
median of 133 covered companies
CURRENT VS SECTOR MEDIAN
-34.95%
vs the sector median at left
Eaton Corporation plc
Market Cap
$156.90B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.79
3Y Avg
0.92
5Y Avg
0.86
Market Cap
$165.17B
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.41
3Y Avg
0.37
5Y Avg
0.38
Market Cap
$170.32B
Quick Ratio (Acid-Test)
0.90
TTM Avg
0.93
3Y Avg
0.87
5Y Avg
0.91
Market Cap
$143.27B
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.64
3Y Avg
0.65
5Y Avg
0.69
Market Cap
$134.34B
Quick Ratio (Acid-Test)
0.94
TTM Avg
0.94
3Y Avg
1.01
5Y Avg
1.07
Market Cap
$182.57B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.69
3Y Avg
0.66
5Y Avg
0.67
Market Cap
$124.52B
Quick Ratio (Acid-Test)
0.71
TTM Avg
0.63
3Y Avg
0.86
5Y Avg
0.93
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Eaton Corporation plc (ETN) | $156.90B | 0.75 | 0.79 | 0.92 | 0.86 |
| The Boeing Company (BA)vs › | $165.17B | 0.40 | 0.41 | 0.37 | 0.38 |
| Deere & Company (DE)vs › | $169.56B | 2.08 | 2.08 | 1.92 | 1.90 |
| Schneider Electric S.E. (SBGSY)vs › | $170.32B | 0.90 | 0.93 | 0.87 | 0.91 |
| Siemens Energy AG (SMEGF)vs › | $143.27B | 0.64 | 0.64 | 0.65 | 0.69 |
| ABB Ltd (ABBNY)vs › | $174.91B | 1.20 | 1.13 | 0.98 | 0.96 |
| Lockheed Martin Corporation (LMT)vs › | $134.34B | 0.94 | 0.94 | 1.01 | 1.07 |
| Union Pacific Corporation (UNP)vs › | $182.57B | 0.75 | 0.69 | 0.66 | 0.67 |
| Parker-Hannifin Corporation (PH)vs › | $124.52B | 0.71 | 0.63 | 0.86 | 0.93 |
| Howmet Aerospace Inc. (HWM)vs › | $115.74B | 1.09 | 1.04 | 1.00 | 1.06 |
Quick Ratio
0.75
Excludes inventory
Current Ratio
1.32
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) |
|---|---|
| 2026-03-31 | 0.75 |
| 2025-12-31 | 0.81 |
| 2025-09-30 | 0.79 |
| 2025-06-30 | 0.76 |
| 2025-03-31 | 0.84 |
| 2024-12-31 | 0.96 |
| 2024-09-30 | 1.00 |
| 2024-06-30 | 1.07 |
| 2024-03-31 | 1.05 |
| 2023-12-31 | 1.02 |
| 2023-09-30 | 0.96 |
| 2023-06-30 | 0.99 |
| 2023-03-31 | 0.91 |
| 2022-12-31 | 0.84 |
| 2022-09-30 | 0.77 |
| 2022-06-30 | 0.58 |
| 2022-03-31 | 0.59 |
| 2021-12-31 | 0.63 |
| 2021-09-30 | 0.79 |
| 2021-06-30 | 0.80 |
| 2021-03-31 | 1.14 |
| 2020-12-31 | 1.20 |
| 2020-09-30 | 1.13 |
| 2020-06-30 | 1.11 |
| 2020-03-31 | 1.28 |
| 2019-12-31 | 1.15 |
| 2019-09-30 | 1.10 |
| 2019-06-30 | 1.18 |
| 2019-03-31 | 0.92 |
| 2018-12-31 | 0.93 |
| 2018-09-30 | 0.96 |
| 2018-06-30 | 0.96 |
| 2018-03-31 | 1.00 |
| 2017-12-31 | 1.12 |
| 2017-09-30 | 1.02 |
| 2017-06-30 | 0.81 |
| 2017-03-31 | 0.83 |
| 2016-12-31 | 0.85 |
| 2016-09-30 | 1.04 |
| 2016-06-30 | 0.94 |
| 2016-03-31 | 0.92 |
| 2015-12-31 | 0.93 |
| 2015-09-30 | 1.02 |
| 2015-06-30 | 1.03 |
| 2015-03-31 | 0.97 |
| 2014-12-31 | 1.06 |
| 2014-09-30 | 1.19 |
| 2014-06-30 | 1.14 |
| 2014-03-31 | 1.28 |
| 2013-12-31 | 1.29 |
| 2013-09-30 | 1.26 |
| 2013-06-30 | 1.17 |
| 2013-03-31 | 1.18 |
| 2012-12-31 | 0.99 |
| 2012-09-30 | 1.19 |
| 2012-06-30 | 1.20 |
| 2012-03-31 | 1.15 |
| 2011-12-31 | 1.13 |
| 2011-09-30 | 1.05 |
| 2011-06-30 | 1.22 |
| 2011-03-31 | 1.19 |
| 2010-12-31 | 1.22 |
| 2010-09-30 | 1.15 |
| 2010-06-30 | 1.16 |
| 2010-03-31 | 1.12 |
| 2009-12-31 | 1.19 |
| 2009-09-30 | 1.07 |
| 2009-06-30 | 1.01 |
| 2009-03-31 | 1.00 |
| 2008-12-31 | 0.87 |
| 2008-09-30 | 0.84 |
| 2008-06-30 | 0.90 |
| 2008-03-31 | 0.85 |
| 2007-12-31 | 0.90 |
| 2007-09-30 | 1.09 |
| 2007-06-30 | 0.99 |
| 2007-03-31 | 0.96 |
| 2006-12-31 | 0.95 |
| 2006-09-30 | 0.93 |
| 2006-06-30 | 0.84 |
| 2006-03-31 | 0.80 |
| 2005-12-31 | 0.84 |
| 2005-09-30 | 0.91 |
| 2005-06-30 | 0.98 |
| 2005-03-31 | 0.94 |
| 2004-12-31 | 0.98 |
| 2004-09-30 | 0.91 |
| 2004-06-30 | 0.89 |
| 2004-03-31 | 1.04 |
| 2003-12-31 | 1.12 |
| 2003-09-30 | 1.24 |
| 2003-06-30 | 1.18 |
| 2003-03-31 | 0.91 |
| 2002-12-31 | 1.01 |
| 2002-09-30 | 1.00 |
| 2002-06-30 | 0.97 |
