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 0.94 is 38% below its 5-year average of 1.51, near the low end of its 5-year range (0.94–1.65).
As of the fiscal period ended Tuesday, June 30, 2026. 16.46% below its 12-month average of 1.12.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.94.
QUICK RATIO (ACID-TEST)
0.94
QUICK RATIO (ACID-TEST) AVG TTM
1.12
QUICK RATIO (ACID-TEST) AVG 3Y
1.36
QUICK RATIO (ACID-TEST) AVG 5Y
1.51
QUICK RATIO (ACID-TEST) AVG 10Y
1.58
QUICK RATIO (ACID-TEST) AVG 15Y
1.66
QUICK RATIO (ACID-TEST) AVG 20Y
1.65
CURRENT VS TTM AVG
-16.46%
CURRENT VS 3Y AVG
-30.94%
CURRENT VS 5Y AVG
-38.08%
CURRENT VS 10Y AVG
-40.82%
CURRENT VS 15Y AVG
-43.62%
CURRENT VS 20Y AVG
-43.18%
SECTOR MEDIAN · INDUSTRIALS
1.18
median of 170 covered companies
CURRENT VS SECTOR MEDIAN
-20.54%
vs the sector median at left
Granite Construction Incorporated
Market Cap
$5.25B
Quick Ratio (Acid-Test)
0.94
TTM Avg
1.12
3Y Avg
1.36
5Y Avg
1.51
Market Cap
$5.18B
Quick Ratio (Acid-Test)
0.99
TTM Avg
1.55
3Y Avg
1.41
5Y Avg
1.40
Market Cap
$5.15B
Quick Ratio (Acid-Test)
1.26
TTM Avg
1.30
3Y Avg
1.38
5Y Avg
1.54
Market Cap
$5.88B
Quick Ratio (Acid-Test)
0.91
TTM Avg
0.55
3Y Avg
0.58
5Y Avg
0.60
Market Cap
$4.57B
Quick Ratio (Acid-Test)
2.61
TTM Avg
1.84
3Y Avg
1.78
5Y Avg
2.25
Market Cap
$4.52B
Quick Ratio (Acid-Test)
3.40
TTM Avg
2.42
3Y Avg
2.14
5Y Avg
2.14
Market Cap
$4.43B
Quick Ratio (Acid-Test)
1.52
TTM Avg
1.32
3Y Avg
1.43
5Y Avg
1.55
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Granite Construction Incorporated (GVA) | $5.25B | 0.94 | 1.12 | 1.36 | 1.51 |
| Casella Waste Systems, Inc. (CWST)vs › | $5.18B | 0.99 | 1.55 | 1.41 | 1.40 |
| Construction Partners, Inc. (ROAD)vs › | $5.15B | 1.26 | 1.30 | 1.38 | 1.54 |
| MYR Group Inc. (MYRG)vs › | $4.75B | 1.39 | 1.34 | 1.35 | 1.39 |
| Planet Labs PBC (PL)vs › | $5.83B | 2.82 | 1.88 | 2.59 | 2.62 |
| Pool Corporation (POOL)vs › | $5.88B | 0.91 | 0.55 | 0.58 | 0.60 |
| UniFirst Corporation (UNF)vs › | $4.57B | 2.61 | 1.84 | 1.78 | 2.25 |
| Karman Holdings Inc. (KRMN)vs › | $4.52B | 3.40 | 2.42 | 2.14 | 2.14 |
| Amentum Holdings, Inc. (AMTM)vs › | $4.43B | 1.52 | 1.32 | 1.43 | 1.55 |
| KBR, Inc. (KBR)vs › | $4.32B | 1.15 | 1.14 | 1.11 | 1.09 |
Quick Ratio
0.94
Excludes inventory
Current Ratio
1.01
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 | 0.94 |
| 2026-03-31 | 0.97 |
| 2025-12-31 | 1.13 |
| 2025-09-30 | 1.12 |
| 2025-06-30 | 1.45 |
| 2025-03-31 | 1.44 |
| 2024-12-31 | 1.56 |
| 2024-09-30 | 1.46 |
| 2024-06-30 | 1.56 |
| 2024-03-31 | 1.39 |
| 2023-12-31 | 1.49 |
| 2023-09-30 | 1.52 |
| 2023-06-30 | 1.61 |
| 2023-03-31 | 1.59 |
| 2022-12-31 | 1.58 |
| 2022-09-30 | 1.44 |
| 2022-06-30 | 1.52 |
| 2022-03-31 | 1.62 |
| 2021-12-31 | 1.65 |
| 2021-09-30 | 1.44 |
| 2021-06-30 | 1.41 |
| 2021-03-31 | 1.36 |
| 2020-12-31 | 1.48 |
| 2020-09-30 | 1.48 |
| 2020-06-30 | 1.48 |
| 2020-03-31 | 1.49 |
| 2019-12-31 | 1.53 |
| 2019-09-30 | 1.65 |
| 2019-06-30 | 1.61 |
| 2019-03-31 | 1.97 |
| 2018-12-31 | 1.96 |
| 2018-09-30 | 1.73 |
| 2018-06-30 | 1.42 |
| 2018-03-31 | 1.80 |
| 2017-12-31 | 1.78 |
| 2017-09-30 | 1.71 |
| 2017-06-30 | 1.77 |
| 2017-03-31 | 1.93 |
| 2016-12-31 | 1.95 |
| 2016-09-30 | 1.84 |
| 2016-06-30 | 1.87 |
| 2016-03-31 | 1.92 |
| 2015-12-31 | 1.99 |
| 2015-09-30 | 1.90 |
| 2015-06-30 | 1.93 |
| 2015-03-31 | 1.95 |
| 2014-12-31 | 1.83 |
| 2014-09-30 | 1.74 |
| 2014-06-30 | 1.71 |
| 2014-03-31 | 1.78 |
| 2013-12-31 | 1.78 |
| 2013-09-30 | 1.73 |
| 2013-06-30 | 1.76 |
| 2013-03-31 | 1.84 |
| 2012-12-31 | 1.81 |
| 2012-09-30 | 1.94 |
| 2012-06-30 | 1.91 |
| 2012-03-31 | 1.98 |
| 2011-12-31 | 1.91 |
| 2011-09-30 | 1.81 |
| 2011-06-30 | 1.78 |
| 2011-03-31 | 2.06 |
| 2010-12-31 | 1.97 |
| 2010-09-30 | 1.80 |
| 2010-06-30 | 1.75 |
| 2010-03-31 | 1.84 |
| 2009-12-31 | 1.90 |
| 2009-09-30 | 1.62 |
| 2009-06-30 | 1.66 |
| 2009-03-31 | 1.75 |
| 2008-12-31 | 1.67 |
| 2008-09-30 | 1.48 |
| 2008-06-30 | 1.48 |
| 2008-03-31 | 1.53 |
| 2007-12-31 | 1.47 |
| 2007-09-30 | 1.43 |
| 2007-06-30 | 1.37 |
| 2007-03-31 | 1.37 |
| 2006-12-31 | 1.36 |
| 2006-09-30 | 1.34 |
| 2006-06-30 | 1.37 |
| 2006-03-31 | 1.52 |
| 2005-12-31 | 1.55 |
| 2005-09-30 | 1.43 |
| 2005-06-30 | 1.50 |
| 2005-03-31 | 1.65 |
| 2004-12-31 | 1.69 |
| 2004-09-30 | 1.56 |
| 2004-06-30 | 1.55 |
| 2004-03-31 | 1.65 |
| 2003-12-31 | 1.69 |
| 2003-09-30 | 1.51 |
| 2003-06-30 | 1.50 |
| 2003-03-31 | 1.60 |
| 2002-12-31 | 1.58 |
| 2002-09-30 | 1.47 |