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 in line with its 5-year average of 0.83, 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. Q2 FY2026 (2026-06-30): 0.75.
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
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-34.67%
vs the sector median at left
Otis Worldwide Corporation
Market Cap
$26.15B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.78
3Y Avg
0.82
5Y Avg
0.83
Market Cap
$25.49B
Quick Ratio (Acid-Test)
1.41
TTM Avg
1.40
3Y Avg
1.11
5Y Avg
1.03
Market Cap
$24.73B
Quick Ratio (Acid-Test)
1.57
TTM Avg
1.79
3Y Avg
1.95
5Y Avg
1.95
Market Cap
$24.47B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.22
3Y Avg
1.26
5Y Avg
1.19
Market Cap
$28.43B
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.60
3Y Avg
1.66
5Y Avg
1.83
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Otis Worldwide Corporation (OTIS) | $26.15B | 0.75 | 0.78 | 0.82 | 0.83 |
| Dover Corporation (DOV)vs › | $25.49B | 1.41 | 1.40 | 1.11 | 1.03 |
| Xylem Inc. (XYL)vs › | $25.12B | 1.24 | 1.31 | 1.32 | 1.43 |
| ATI Inc. (ATI)vs › | $25.06B | 1.14 | 1.29 | 1.36 | 1.43 |
| Copart, Inc. (CPRT)vs › | $27.46B | 7.84 | 8.02 | 7.38 | 6.39 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.73B | 1.57 | 1.79 | 1.95 | 1.95 |
| nVent Electric plc (NVT)vs › | $24.47B | 1.33 | 1.22 | 1.26 | 1.19 |
| Ingersoll Rand Inc. (IR)vs › | $28.43B | 1.15 | 1.60 | 1.66 | 1.83 |
| Symbotic Inc. (SYM)vs › | $28.63B | 1.23 | 1.11 | 1.01 | 1.01 |
| Hubbell Incorporated (HUBB)vs › | $23.42B | 0.93 | 0.99 | 1.04 | 1.07 |
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 |
