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 0.75 is 13% below its 5-year average of 0.86, near the low end of its 5-year range (0.71–1.22).
As of the fiscal period ended Tuesday, June 30, 2026. 4.36% below its 12-month average of 0.78.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.75
QUICK RATIO (ACID-TEST) AVG TTM
0.78
QUICK RATIO (ACID-TEST) AVG 3Y
0.82
QUICK RATIO (ACID-TEST) AVG 5Y
0.83
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
-4.36%
CURRENT VS 3Y AVG
-8.43%
CURRENT VS 5Y AVG
-9.94%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.11
median of 105 covered companies
CURRENT VS SECTOR MEDIAN
-32.60%
vs the sector median at left
Otis Worldwide Corporation
Market Cap
$27.47B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.78
3Y Avg
0.82
5Y Avg
0.83
Market Cap
$27.51B
Quick Ratio (Acid-Test)
1.41
TTM Avg
1.40
3Y Avg
1.11
5Y Avg
1.03
Market Cap
$27.31B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.09
3Y Avg
1.19
5Y Avg
1.17
Market Cap
$25.69B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.22
3Y Avg
1.26
5Y Avg
1.19
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Otis Worldwide Corporation (OTIS) | $27.47B | 0.75 | 0.78 | 0.82 | 0.83 |
| Dover Corporation (DOV)vs › | $27.51B | 1.41 | 1.40 | 1.11 | 1.03 |
| Xylem Inc. (XYL)vs › | $27.61B | 1.24 | 1.31 | 1.32 | 1.43 |
| Curtiss-Wright Corporation (CW)vs › | $27.31B | 1.05 | 1.09 | 1.19 | 1.17 |
| Copart, Inc. (CPRT)vs › | $27.00B | 7.54 | 7.57 | 6.64 | 5.52 |
| Everpure, Inc. (P)vs › | $26.38B | 1.58 | 1.57 | 1.58 | 1.72 |
| ATI Inc. (ATI)vs › | $25.83B | 1.17 | 1.29 | 1.36 | 1.43 |
| Symbotic Inc. (SYM)vs › | $29.15B | 1.35 | 1.11 | 1.01 | 1.01 |
| nVent Electric plc (NVT)vs › | $25.69B | 1.33 | 1.22 | 1.26 | 1.19 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.54B | N/A | 0.92 | 1.14 | 1.26 |
Quick Ratio
0.75
Excludes inventory
Current Ratio
0.83
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 | 0.75 |
| 2026-03-31 | 0.75 |
| 2025-12-31 | 0.77 |
| 2025-09-30 | 0.85 |
| 2025-06-30 | 0.80 |
| 2025-03-31 | 0.87 |
| 2024-12-31 | 0.92 |
| 2024-09-30 | 0.72 |
| 2024-06-30 | 0.71 |
| 2024-03-31 | 0.88 |
| 2023-12-31 | 0.89 |
| 2023-09-30 | 0.91 |
| 2023-06-30 | 0.81 |
| 2023-03-31 | 0.81 |
| 2022-12-31 | 0.81 |
| 2022-09-30 | 0.87 |
| 2022-06-30 | 0.88 |
| 2022-03-31 | 1.16 |
| 2021-12-31 | 1.22 |
| 2021-09-30 | 0.90 |
| 2021-06-30 | 0.89 |
| 2021-03-31 | 0.89 |
| 2020-12-31 | 0.87 |
| 2020-09-30 | 0.89 |
| 2020-06-30 | 1.00 |
| 2020-03-31 | 0.92 |
| 2019-12-31 | 0.95 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |