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 2.90 is 15% above its 5-year average of 2.51, near the high end of its 5-year range (2.22–2.91).
As of the fiscal period ended Tuesday, June 30, 2026. 0.60% above its 12-month average of 2.88.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.90
QUICK RATIO (ACID-TEST) AVG TTM
2.88
QUICK RATIO (ACID-TEST) AVG 3Y
2.62
QUICK RATIO (ACID-TEST) AVG 5Y
2.51
QUICK RATIO (ACID-TEST) AVG 10Y
2.42
QUICK RATIO (ACID-TEST) AVG 15Y
2.39
QUICK RATIO (ACID-TEST) AVG 20Y
2.29
CURRENT VS TTM AVG
+0.60%
CURRENT VS 3Y AVG
+10.34%
CURRENT VS 5Y AVG
+15.17%
CURRENT VS 10Y AVG
+19.82%
CURRENT VS 15Y AVG
+21.03%
CURRENT VS 20Y AVG
+26.69%
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+152.94%
vs the sector median at left
Market Cap
$63.68B
Quick Ratio (Acid-Test)
1.98
TTM Avg
1.77
3Y Avg
2.45
5Y Avg
2.80
Market Cap
$64.92B
Quick Ratio (Acid-Test)
0.70
TTM Avg
0.90
3Y Avg
0.89
5Y Avg
0.89
Market Cap
$65.43B
Quick Ratio (Acid-Test)
0.93
TTM Avg
1.03
3Y Avg
0.99
5Y Avg
1.04
Market Cap
$60.58B
Quick Ratio (Acid-Test)
1.70
TTM Avg
1.54
3Y Avg
1.52
5Y Avg
1.50
Market Cap
$68.01B
Quick Ratio (Acid-Test)
0.62
TTM Avg
0.59
3Y Avg
0.60
5Y Avg
0.62
Market Cap
$57.33B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.13
3Y Avg
1.10
5Y Avg
1.13
Market Cap
$56.23B
Quick Ratio (Acid-Test)
2.21
TTM Avg
2.34
3Y Avg
2.19
5Y Avg
2.10
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PACCAR Inc (PCAR) | $63.69B | 2.90 | 2.88 | 2.62 | 2.51 |
| TransDigm Group Incorporated (TDG)vs › | $63.68B | 1.98 | 1.77 | 2.45 | 2.80 |
| United Rentals, Inc. (URI)vs › | $64.92B | 0.70 | 0.90 | 0.89 | 0.89 |
| Honeywell International Inc. (HON)vs › | $65.43B | 0.93 | 1.03 | 0.99 | 1.04 |
| W.W. Grainger, Inc. (GWW)vs › | $60.58B | 1.70 | 1.54 | 1.52 | 1.50 |
| Republic Services, Inc. (RSG)vs › | $68.01B | 0.62 | 0.59 | 0.60 | 0.62 |
| Comfort Systems USA, Inc. (FIX)vs › | $57.33B | 1.19 | 1.13 | 1.10 | 1.13 |
| Fastenal Company (FAST)vs › | $56.23B | 2.21 | 2.34 | 2.19 | 2.10 |
| AMETEK, Inc. (AME)vs › | $54.36B | 0.76 | 0.71 | 0.74 | 0.94 |
| Norfolk Southern Corporation (NSC)vs › | $73.04B | 0.73 | 0.80 | 0.85 | 0.86 |
Quick Ratio
2.90
Excludes inventory
Current Ratio
3.12
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 | 2.90 |
| 2026-03-31 | 2.91 |
| 2025-12-31 | 2.88 |
| 2025-09-30 | 2.91 |
| 2025-06-30 | 2.80 |
| 2025-03-31 | 2.60 |
| 2024-12-31 | 2.45 |
| 2024-09-30 | 2.65 |
| 2024-06-30 | 2.54 |
| 2024-03-31 | 2.49 |
| 2023-12-31 | 2.30 |
| 2023-09-30 | 2.38 |
| 2023-06-30 | 2.32 |
| 2023-03-31 | 2.33 |
| 2022-12-31 | 2.37 |
| 2022-09-30 | 2.38 |
| 2022-06-30 | 2.36 |
| 2022-03-31 | 2.22 |
| 2021-12-31 | 2.37 |
| 2021-09-30 | 2.33 |
| 2021-06-30 | 2.31 |
| 2021-03-31 | 2.45 |
| 2020-12-31 | 2.52 |
| 2020-09-30 | 2.69 |
| 2020-06-30 | 2.60 |
| 2020-03-31 | 2.32 |
| 2019-12-31 | 2.27 |
| 2019-09-30 | 2.23 |
| 2019-06-30 | 2.26 |
| 2019-03-31 | 2.32 |
| 2018-12-31 | 2.26 |
| 2018-09-30 | 2.44 |
| 2018-06-30 | 2.34 |
| 2018-03-31 | 2.29 |
| 2017-12-31 | 2.42 |
| 2017-09-30 | 2.40 |
| 2017-06-30 | 2.35 |
| 2017-03-31 | 2.51 |
| 2016-12-31 | 2.66 |
| 2016-09-30 | 2.54 |
| 2016-06-30 | 2.32 |
| 2016-03-31 | 2.16 |
| 2015-12-31 | 2.51 |
| 2015-09-30 | 2.65 |
| 2015-06-30 | 2.50 |
| 2015-03-31 | 2.65 |
| 2014-12-31 | 2.42 |
| 2014-09-30 | 2.28 |
| 2014-06-30 | 2.43 |
| 2014-03-31 | 2.29 |
| 2013-12-31 | 2.49 |
| 2013-09-30 | 2.31 |
| 2013-06-30 | 2.16 |
| 2013-03-31 | 2.09 |
| 2012-12-31 | 2.10 |
| 2012-09-30 | 1.95 |
| 2012-06-30 | 1.90 |
| 2012-03-31 | 1.69 |
| 2011-12-31 | 1.73 |
| 2011-09-30 | 1.72 |
| 2011-06-30 | 1.71 |
| 2011-03-31 | 2.01 |
| 2010-12-31 | 2.29 |
| 2010-09-30 | 2.34 |
| 2010-06-30 | 2.31 |
| 2010-03-31 | 0.67 |
| 2009-12-31 | 2.14 |
| 2009-09-30 | 1.94 |
| 2009-06-30 | 2.12 |
| 2009-03-31 | 2.38 |
| 2008-12-31 | 2.03 |
| 2008-09-30 | 1.15 |
| 2008-06-30 | 1.93 |
| 2008-03-31 | 1.74 |
| 2007-12-31 | 1.80 |
| 2007-09-30 | 1.81 |
| 2007-06-30 | 1.83 |
| 2007-03-31 | 1.72 |
| 2006-12-31 | 1.68 |
| 2006-09-30 | 1.87 |
| 2006-06-30 | 1.88 |
| 2006-03-31 | 1.75 |
| 2005-12-31 | 1.75 |
| 2005-09-30 | 1.22 |
| 2005-06-30 | 1.78 |
| 2005-03-31 | 1.88 |
| 2004-12-31 | 3.90 |
| 2004-09-30 | 1.89 |
| 2004-06-30 | 1.88 |
| 2004-03-31 | 1.93 |
| 2003-12-31 | 1.88 |
| 2003-09-30 | 2.13 |
| 2003-06-30 | 2.03 |
| 2003-03-31 | 1.97 |
| 2002-12-31 | 1.91 |
| 2002-09-30 | 1.64 |