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 1.35 is 11% above its 2-year average of 1.22, near the high end of its 2-year range (0.00–1.82).
As of the fiscal period ended Tuesday, June 30, 2026. 9.01% below its 12-month average of 1.48.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.35.
QUICK RATIO (ACID-TEST)
1.35
QUICK RATIO (ACID-TEST) AVG TTM
1.48
QUICK RATIO (ACID-TEST) AVG 3Y
N/A
QUICK RATIO (ACID-TEST) AVG 5Y
N/A
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-9.01%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.18
median of 170 covered companies
CURRENT VS SECTOR MEDIAN
+14.05%
vs the sector median at left
Legence Corp. Class A Common stock
Market Cap
$6.49B
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.48
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.30B
Quick Ratio (Acid-Test)
1.53
TTM Avg
1.70
3Y Avg
1.68
5Y Avg
1.68
Market Cap
$6.97B
Quick Ratio (Acid-Test)
1.80
TTM Avg
1.80
3Y Avg
1.69
5Y Avg
1.60
Market Cap
$5.88B
Quick Ratio (Acid-Test)
0.91
TTM Avg
0.55
3Y Avg
0.58
5Y Avg
0.60
Market Cap
$7.10B
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.32
3Y Avg
1.33
5Y Avg
1.33
Market Cap
$7.13B
Quick Ratio (Acid-Test)
3.33
TTM Avg
3.14
3Y Avg
2.90
5Y Avg
2.96
Market Cap
$7.14B
Quick Ratio (Acid-Test)
1.82
TTM Avg
1.75
3Y Avg
1.66
5Y Avg
1.82
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Legence Corp. Class A Common stock (LGN) | $6.49B | 1.35 | 1.48 | N/A | N/A |
| Everus Construction Group, Inc. (ECG)vs › | $6.30B | 1.53 | 1.70 | 1.68 | 1.68 |
| AAON, Inc. (AAON)vs › | $6.82B | 2.01 | 1.78 | 1.53 | 1.58 |
| Fluor Corporation (FLR)vs › | $6.97B | 1.80 | 1.80 | 1.69 | 1.60 |
| Matson, Inc. (MATX)vs › | $6.99B | 0.89 | 0.99 | 1.09 | 1.02 |
| Pool Corporation (POOL)vs › | $5.88B | 0.91 | 0.55 | 0.58 | 0.60 |
| Federal Signal Corporation (FSS)vs › | $7.10B | 1.21 | 1.32 | 1.33 | 1.33 |
| AeroVironment, Inc. (AVAV)vs › | $7.13B | 3.33 | 3.14 | 2.90 | 2.96 |
| Powell Industries, Inc. (POWL)vs › | $7.14B | 1.82 | 1.75 | 1.66 | 1.82 |
| Planet Labs PBC (PL)vs › | $5.83B | 2.82 | 1.88 | 2.59 | 2.62 |
Quick Ratio
1.35
Excludes inventory
Current Ratio
1.35
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 | 1.35 |
| 2026-03-31 | 1.30 |
| 2025-12-31 | 1.57 |
| 2025-09-30 | 1.57 |
| 2025-06-30 | 1.61 |
| 2025-03-31 | 1.74 |
| 2024-12-31 | 1.82 |
| 2024-06-30 | 0.00 |
| 2024-03-31 | 0.00 |
