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 1.60 is 35% above its 5-year average of 1.18, near the high end of its 5-year range (0.83–1.60).
As of the fiscal period ended Friday, July 3, 2026. 7.04% above its 12-month average of 1.49.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-07-03): 1.60.
QUICK RATIO (ACID-TEST)
1.60
QUICK RATIO (ACID-TEST) AVG TTM
1.49
QUICK RATIO (ACID-TEST) AVG 3Y
1.33
QUICK RATIO (ACID-TEST) AVG 5Y
1.18
QUICK RATIO (ACID-TEST) AVG 10Y
1.11
QUICK RATIO (ACID-TEST) AVG 15Y
1.25
QUICK RATIO (ACID-TEST) AVG 20Y
1.35
CURRENT VS TTM AVG
+7.04%
CURRENT VS 3Y AVG
+20.21%
CURRENT VS 5Y AVG
+35.25%
CURRENT VS 10Y AVG
+43.56%
CURRENT VS 15Y AVG
+28.43%
CURRENT VS 20Y AVG
+18.36%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+0.63%
vs the sector median at left
Leidos Holdings, Inc.
Market Cap
$16.71B
Quick Ratio (Acid-Test)
1.60
TTM Avg
1.49
3Y Avg
1.33
5Y Avg
1.18
Market Cap
$16.67B
Quick Ratio (Acid-Test)
1.00
TTM Avg
0.74
3Y Avg
0.99
5Y Avg
0.98
Market Cap
$16.76B
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.80
3Y Avg
0.65
5Y Avg
0.61
Market Cap
$16.02B
Quick Ratio (Acid-Test)
3.73
TTM Avg
5.12
3Y Avg
5.11
5Y Avg
5.31
Market Cap
$15.35B
Quick Ratio (Acid-Test)
1.64
TTM Avg
1.76
3Y Avg
2.02
5Y Avg
2.18
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Leidos Holdings, Inc. (LDOS) | $16.71B | 1.60 | 1.49 | 1.33 | 1.18 |
| Fortive Corporation (FTV)vs › | $16.67B | 1.00 | 0.74 | 0.99 | 0.98 |
| Zebra Technologies Corporation (ZBRA)vs › | $16.76B | 0.33 | 0.80 | 0.65 | 0.61 |
| MKS Inc. (MKSI)vs › | $16.16B | 0.72 | 1.88 | 1.92 | 2.43 |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.02B | 3.73 | 5.12 | 5.11 | 5.31 |
| PTC Inc. (PTC)vs › | $15.78B | 1.03 | 0.95 | 1.00 | 1.10 |
| Dynatrace, Inc. (DT)vs › | $15.55B | 1.21 | 1.38 | 1.28 | 1.21 |
| IREN Limited (IREN)vs › | $15.41B | 3.55 | 3.92 | 5.11 | 3.76 |
| Akamai Technologies, Inc. (AKAM)vs › | $15.35B | 1.64 | 1.76 | 2.02 | 2.18 |
| Tyler Technologies, Inc. (TYL)vs › | $14.72B | 1.55 | 1.20 | 1.05 | 1.22 |
Quick Ratio
1.60
Excludes inventory
Current Ratio
1.63
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) |
|---|---|
| 2026-07-03 | 1.60 |
| 2026-04-03 | 1.29 |
| 2026-01-02 | 1.58 |
| 2025-10-03 | 1.50 |
| 2025-07-04 | 1.50 |
| 2025-04-04 | 1.42 |
| 2025-01-03 | 1.13 |
| 2024-09-27 | 1.15 |
| 2024-06-28 | 1.11 |
| 2024-03-29 | 1.24 |
| 2023-12-29 | 1.24 |
| 2023-09-29 | 1.22 |
| 2023-06-30 | 1.14 |
| 2023-03-31 | 1.06 |
| 2022-12-30 | 0.85 |
| 2022-09-30 | 0.86 |
| 2022-07-01 | 0.83 |
| 2022-04-01 | 0.92 |
| 2021-12-31 | 1.04 |
| 2021-10-01 | 0.99 |
| 2021-07-02 | 0.97 |
| 2021-04-02 | 1.02 |
| 2021-01-01 | 1.05 |
| 2020-10-02 | 0.86 |
| 2020-07-03 | 0.80 |
| 2020-04-03 | 0.67 |
| 2020-01-03 | 1.17 |
| 2019-09-27 | 1.16 |
| 2019-06-28 | 1.30 |
| 2019-03-29 | 1.23 |
| 2018-12-28 | 1.38 |
| 2018-09-28 | 1.16 |
| 2018-06-29 | 1.08 |
| 2018-03-30 | 1.01 |
| 2017-12-29 | 1.18 |
| 2017-09-29 | 1.03 |
| 2017-06-30 | 1.10 |
| 2017-03-31 | 1.03 |
| 2016-12-30 | 1.15 |
| 2016-09-30 | 1.07 |
| 2016-07-01 | 1.61 |
| 2016-04-01 | 1.57 |
| 2015-12-31 | 1.52 |
| 2015-10-02 | 1.42 |
| 2015-07-03 | 1.40 |
| 2015-04-03 | 1.37 |
| 2015-01-31 | 1.63 |
| 2014-10-31 | 1.45 |
| 2014-08-01 | 1.49 |
| 2014-05-02 | 1.29 |
| 2014-01-31 | 1.72 |
| 2013-11-01 | 1.60 |
| 2013-08-02 | 1.49 |
| 2013-05-03 | 1.30 |
| 2013-01-31 | 1.67 |
| 2012-10-31 | 1.28 |
| 2012-07-31 | 1.54 |
| 2012-04-30 | 1.33 |
| 2012-01-31 | 1.33 |
| 2011-10-31 | 1.36 |
| 2011-07-31 | 1.54 |
| 2011-04-30 | 1.93 |
| 2011-01-31 | 2.14 |
| 2010-10-31 | 1.58 |
| 2010-07-31 | 1.63 |
| 2010-04-30 | 1.56 |
| 2010-01-31 | 1.80 |
| 2009-10-31 | 1.70 |
| 2009-07-31 | 1.76 |
| 2009-04-30 | 1.65 |
| 2009-01-31 | 1.83 |
| 2008-10-31 | 1.54 |
| 2008-07-31 | 1.48 |
| 2008-04-30 | 1.53 |
| 2008-01-31 | 1.71 |
| 2007-10-31 | 1.60 |
| 2007-07-31 | 1.74 |
| 2007-04-30 | 1.90 |
| 2007-01-31 | 1.74 |
| 2006-10-31 | 1.32 |
| 2006-07-31 | 2.81 |
| 2006-04-30 | 0.00 |
| 2006-01-31 | 2.95 |
| 2005-10-31 | 0.00 |