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 0.93 is in line with its 5-year average of 1.00, near the low end of its 5-year range (0.91–1.28).
As of the fiscal period ended Tuesday, June 30, 2026. 8.33% below its 12-month average of 1.02.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.93.
QUICK RATIO (ACID-TEST)
0.93
QUICK RATIO (ACID-TEST) AVG TTM
1.02
QUICK RATIO (ACID-TEST) AVG 3Y
1.01
QUICK RATIO (ACID-TEST) AVG 5Y
1.00
QUICK RATIO (ACID-TEST) AVG 10Y
1.05
QUICK RATIO (ACID-TEST) AVG 15Y
1.07
QUICK RATIO (ACID-TEST) AVG 20Y
1.02
CURRENT VS TTM AVG
-8.33%
CURRENT VS 3Y AVG
-7.22%
CURRENT VS 5Y AVG
-6.66%
CURRENT VS 10Y AVG
-10.80%
CURRENT VS 15Y AVG
-12.46%
CURRENT VS 20Y AVG
-7.94%
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-18.37%
vs the sector median at left
Honeywell International Inc.
Market Cap
$63.83B
Quick Ratio (Acid-Test)
0.93
TTM Avg
1.02
3Y Avg
1.01
5Y Avg
1.00
Market Cap
$62.15B
Quick Ratio (Acid-Test)
1.98
TTM Avg
1.77
3Y Avg
2.45
5Y Avg
2.80
Market Cap
$61.86B
Quick Ratio (Acid-Test)
0.70
TTM Avg
0.90
3Y Avg
0.89
5Y Avg
0.89
Market Cap
$60.32B
Quick Ratio (Acid-Test)
1.70
TTM Avg
1.54
3Y Avg
1.52
5Y Avg
1.50
Market Cap
$69.49B
Quick Ratio (Acid-Test)
0.62
TTM Avg
0.59
3Y Avg
0.60
5Y Avg
0.62
Market Cap
$56.73B
Quick Ratio (Acid-Test)
2.21
TTM Avg
2.34
3Y Avg
2.19
5Y Avg
2.10
Market Cap
$71.89B
Quick Ratio (Acid-Test)
0.73
TTM Avg
0.80
3Y Avg
0.85
5Y Avg
0.86
Market Cap
$55.71B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.13
3Y Avg
1.10
5Y Avg
1.13
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Honeywell International Inc. (HON) | $63.83B | 0.93 | 1.02 | 1.01 | 1.00 |
| PACCAR Inc (PCAR)vs › | $64.67B | 2.90 | 2.67 | 2.50 | 2.48 |
| TransDigm Group Incorporated (TDG)vs › | $62.15B | 1.98 | 1.77 | 2.45 | 2.80 |
| United Rentals, Inc. (URI)vs › | $61.86B | 0.70 | 0.90 | 0.89 | 0.89 |
| W.W. Grainger, Inc. (GWW)vs › | $60.32B | 1.70 | 1.54 | 1.52 | 1.50 |
| Republic Services, Inc. (RSG)vs › | $69.49B | 0.62 | 0.59 | 0.60 | 0.62 |
| Fastenal Company (FAST)vs › | $56.73B | 2.21 | 2.34 | 2.19 | 2.10 |
| Norfolk Southern Corporation (NSC)vs › | $71.89B | 0.73 | 0.80 | 0.85 | 0.86 |
| Comfort Systems USA, Inc. (FIX)vs › | $55.71B | 1.19 | 1.13 | 1.10 | 1.13 |
| Canadian National Railway Company (CNI)vs › | $73.85B | 0.61 | 0.47 | 0.52 | 0.63 |
Quick Ratio
0.93
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 | 0.93 |
| 2026-03-31 | 1.10 |
| 2025-12-31 | 1.05 |
| 2025-09-30 | 1.04 |
| 2025-06-30 | 0.97 |
| 2025-03-31 | 0.95 |
| 2024-12-31 | 1.01 |
| 2024-09-30 | 1.12 |
| 2024-06-30 | 0.91 |
| 2024-03-31 | 1.28 |
| 2023-12-31 | 0.93 |
| 2023-09-30 | 1.01 |
| 2023-06-30 | 1.07 |
| 2023-03-31 | 0.94 |
| 2022-12-31 | 0.98 |
| 2022-09-30 | 0.94 |
| 2022-06-30 | 0.92 |
| 2022-03-31 | 0.94 |
| 2021-12-31 | 1.04 |
| 2021-09-30 | 1.04 |
| 2021-06-30 | 1.15 |
| 2021-03-31 | 1.17 |
| 2020-12-31 | 1.23 |
| 2020-09-30 | 1.37 |
| 2020-06-30 | 1.36 |
| 2020-03-31 | 1.04 |
| 2019-12-31 | 1.10 |
| 2019-09-30 | 1.08 |
| 2019-06-30 | 0.96 |
| 2019-03-31 | 1.01 |
| 2018-12-31 | 1.06 |
| 2018-09-30 | 1.20 |
| 2018-06-30 | 1.11 |
| 2018-03-31 | 1.11 |
| 2017-12-31 | 1.13 |
| 2017-09-30 | 1.09 |
| 2017-06-30 | 1.08 |
| 2017-03-31 | 1.10 |
| 2016-12-31 | 1.14 |
| 2016-09-30 | 0.95 |
| 2016-06-30 | 0.99 |
| 2016-03-31 | 0.94 |
| 2015-12-31 | 0.85 |
| 2015-09-30 | 1.16 |
| 2015-06-30 | 1.20 |
| 2015-03-31 | 1.15 |
| 2014-12-31 | 1.20 |
| 2014-09-30 | 1.28 |
| 2014-06-30 | 1.25 |
| 2014-03-31 | 1.19 |
| 2013-12-31 | 1.19 |
| 2013-09-30 | 1.01 |
| 2013-06-30 | 1.01 |
| 2013-03-31 | 1.02 |
| 2012-12-31 | 1.02 |
| 2012-09-30 | 1.06 |
| 2012-06-30 | 0.98 |
| 2012-03-31 | 0.96 |
| 2011-12-31 | 0.97 |
| 2011-09-30 | 0.99 |
| 2011-06-30 | 1.09 |
| 2011-03-31 | 1.00 |
| 2010-12-31 | 0.94 |
| 2010-09-30 | 0.96 |
| 2010-06-30 | 1.06 |
| 2010-03-31 | 0.97 |
| 2009-12-31 | 0.94 |
| 2009-09-30 | 0.93 |
| 2009-06-30 | 0.92 |
| 2009-03-31 | 0.82 |
| 2008-12-31 | 0.77 |
| 2008-09-30 | 0.80 |
| 2008-06-30 | 0.94 |
| 2008-03-31 | 0.93 |
| 2007-12-31 | 0.82 |
| 2007-09-30 | 0.81 |
| 2007-06-30 | 0.75 |
| 2007-03-31 | 0.86 |
| 2006-12-31 | 0.86 |
| 2006-09-30 | 0.87 |
| 2006-06-30 | 0.84 |
| 2006-03-31 | 0.86 |
| 2005-12-31 | 0.82 |
| 2005-09-30 | 0.94 |
| 2005-06-30 | 0.98 |
| 2005-03-31 | 1.00 |
| 2004-12-31 | 1.11 |
| 2004-09-30 | 1.28 |
| 2004-06-30 | 1.28 |
| 2004-03-31 | 1.24 |
| 2003-12-31 | 1.27 |
| 2003-09-30 | 1.26 |
| 2003-06-30 | 1.21 |
| 2003-03-31 | 1.13 |
| 2002-12-31 | 1.08 |
| 2002-09-30 | 1.28 |