Quick Ratio (Acid-Test): 2.24
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 2.24 is 39% above its 5-year average of 1.61, around the middle of its 5-year range (1.17–2.92).
As of Monday, June 29, 2026. 22.88% above its 12-month average of 1.82.
ITRI Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
ITRI Average Quick Ratio (Acid-Test) Chart
ITRI Current vs Average Quick Ratio (Acid-Test) Chart
ITRI Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
2.24
QUICK RATIO (ACID-TEST) AVG TTM
1.82
QUICK RATIO (ACID-TEST) AVG 3Y
1.85
QUICK RATIO (ACID-TEST) AVG 5Y
1.42
QUICK RATIO (ACID-TEST) AVG 10Y
1.33
QUICK RATIO (ACID-TEST) AVG 15Y
1.26
QUICK RATIO (ACID-TEST) AVG 20Y
1.25
CURRENT VS TTM AVG
+22.88%
CURRENT VS 3Y AVG
+20.96%
CURRENT VS 5Y AVG
+57.91%
CURRENT VS 10Y AVG
+68.23%
CURRENT VS 15Y AVG
+77.81%
CURRENT VS 20Y AVG
+79.90%
ITRI Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Itron, Inc. (ITRI) | $3.72B | 2.24 | 1.82 | 1.85 | 1.42 |
| monday.com Ltd. (MNDY)vs › | $3.76B | 2.50 | 2.58 | 2.77 | 2.69 |
| Keel Infrastructure Corp. (KEEL)vs › | $3.64B | 5.52 | 5.69 | 3.57 | 2.72 |
| Bill.com Holdings, Inc. (BILL)vs › | $3.54B | 1.58 | 1.56 | 1.23 | 1.32 |
| ZoomInfo Technologies Inc. (ZI)vs › | $3.42B | 0.72 | 0.70 | 1.05 | 1.11 |
| Ichor Holdings, Ltd. (ICHR)vs › | $3.28B | 1.38 | 1.44 | 1.46 | 1.52 |
| AXT, Inc. (AXTI)vs › | $3.25B | 1.82 | 1.41 | 1.27 | 1.66 |
| EPAM Systems, Inc. (EPAM)vs › | $4.22B | 2.59 | 2.77 | 3.51 | 3.52 |
| Veeco Instruments Inc. (VECO)vs › | $4.33B | 3.20 | 2.95 | 2.46 | 2.47 |
| Klaviyo, Inc. (KVYO)vs › | $4.45B | 4.27 | 4.58 | 5.09 | 5.00 |
Liquidity Comparison
Quick Ratio
2.24
Excludes inventory
Current Ratio
1.80
Includes inventory
Quick Ratio (Acid-Test) Formula & Definition
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
Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Itron, Inc. (ITRI)?
- The quick ratio (acid-test) for ITRI stock is 2.24.
- Is Itron, Inc.'s quick ratio (acid-test) high or low?
- The quick ratio (acid-test) of 2.24 is 39% above its 5-year average of 1.61, around the middle of its 5-year range (1.17–2.92).
- What is the TTM average quick ratio (acid-test) for Itron, Inc. (ITRI)?
- The TTM average quick ratio (acid-test) for ITRI stock is 1.82.
- What is the 3Y average quick ratio (acid-test) for Itron, Inc. (ITRI)?
- The 3Y average quick ratio (acid-test) for ITRI stock is 1.85.
- What is the 5Y average quick ratio (acid-test) for Itron, Inc. (ITRI)?
- The 5Y average quick ratio (acid-test) for ITRI stock is 1.42.
- What is the 10Y average quick ratio (acid-test) for Itron, Inc. (ITRI)?
- The 10Y average quick ratio (acid-test) for ITRI stock is 1.33.
- What is the 15Y average quick ratio (acid-test) for Itron, Inc. (ITRI)?
- The 15Y average quick ratio (acid-test) for ITRI stock is 1.26.
- What is the 20Y average quick ratio (acid-test) for Itron, Inc. (ITRI)?
- The 20Y average quick ratio (acid-test) for ITRI stock is 1.25.
ITRI Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-03-31 | 2.24 |
| 2025-12-31 | 1.56 |
| 2025-09-30 | 1.91 |
| 2025-06-30 | 1.75 |
| 2025-03-31 | 1.65 |
| 2024-12-31 | 2.92 |
| 2024-09-30 | 2.83 |
| 2024-06-30 | 2.61 |
| 2024-03-31 | 1.40 |
| 2023-12-31 | 1.43 |
| 2023-09-30 | 1.32 |
| 2023-06-30 | 1.26 |
| 2023-03-31 | 1.19 |
| 2022-12-31 | 1.21 |
| 2022-09-30 | 1.20 |
| 2022-06-30 | 1.26 |
| 2022-03-31 | 1.24 |
| 2021-12-31 | 1.17 |
| 2021-09-30 | 1.26 |
| 2021-06-30 | 1.29 |
| 2021-03-31 | 1.20 |
| 2020-12-31 | 1.36 |
| 2020-09-30 | 1.95 |
| 2020-06-30 | 1.88 |
| 2020-03-31 | 1.75 |
| 2019-12-31 | 1.15 |
| 2019-09-30 | 1.07 |
| 2019-06-30 | 1.09 |
| 2019-03-31 | 1.07 |
| 2018-12-31 | 1.03 |
| 2018-09-30 | 1.07 |
| 2018-06-30 | 1.18 |
| 2018-03-31 | 1.13 |
| 2017-12-31 | 1.29 |
| 2017-09-30 | 1.26 |
| 2017-06-30 | 1.18 |
| 2017-03-31 | 1.35 |
| 2016-12-31 | 1.38 |
| 2016-09-30 | 1.34 |
| 2016-06-30 | 1.25 |
| 2016-03-31 | 1.18 |
| 2015-12-31 | 1.25 |
| 2015-09-30 | 1.25 |
| 2015-06-30 | 1.27 |
| 2015-03-31 | 1.23 |
| 2014-12-31 | 1.22 |
| 2014-09-30 | 1.27 |
| 2014-06-30 | 1.29 |
| 2014-03-31 | 1.27 |
| 2013-12-31 | 1.37 |
| 2013-09-30 | 1.33 |
| 2013-06-30 | 1.36 |
| 2013-03-31 | 1.34 |
| 2012-12-31 | 1.39 |
| 2012-09-30 | 1.33 |
| 2012-06-30 | 1.30 |
| 2012-03-31 | 1.36 |
| 2011-12-31 | 1.26 |
| 2011-09-30 | 1.26 |
| 2011-06-30 | 0.94 |
| 2011-03-31 | 0.90 |
| 2010-12-31 | 0.96 |
| 2010-09-30 | 0.89 |
| 2010-06-30 | 1.24 |
| 2010-03-31 | 1.15 |
| 2009-12-31 | 1.25 |
| 2009-09-30 | 1.28 |
| 2009-06-30 | 1.28 |
| 2009-03-30 | 1.18 |
| 2008-12-31 | 1.30 |
| 2008-09-30 | 0.70 |
| 2008-06-30 | 0.69 |
| 2008-03-24 | 0.65 |
| 2007-12-31 | 1.20 |
| 2007-09-30 | 0.66 |
| 2007-06-30 | 1.19 |
| 2007-03-31 | 7.59 |
| 2006-12-31 | 5.25 |
| 2006-09-30 | 4.80 |
| 2006-06-30 | 1.73 |
| 2006-03-31 | 1.67 |
| 2005-12-31 | 1.63 |
| 2005-09-30 | 1.43 |
| 2005-06-30 | 1.35 |
| 2005-03-31 | 1.56 |
| 2004-12-31 | 1.11 |
| 2004-09-30 | 1.59 |
| 2004-06-30 | 0.80 |
| 2004-03-31 | 0.75 |
| 2003-12-31 | 0.84 |
| 2003-09-30 | 1.10 |
| 2003-06-30 | 0.99 |
| 2003-03-31 | 0.98 |
| 2002-12-31 | 1.56 |
| 2002-09-30 | 1.93 |
| 2002-06-30 | 1.99 |
Related Metrics
About Itron, Inc.
Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; network design services; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also products and software for the implementation, installation, and management of communicating devices and data networks; offers industrial internet of things solutions, including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; grid edge devices; distribution automation communications; smart lighting; and smart city sensors and applications. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning, statistical modeling, and other analytics. The Resiliency Solutions segment offers software and services. The company offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Thomas L. Deitrich