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 1.05 is 26% below its 5-year average of 1.43, near the low end of its 5-year range (1.05–2.39).
As of the fiscal period ended Tuesday, June 30, 2026. 9.89% below its 12-month average of 1.17.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.05
QUICK RATIO (ACID-TEST) AVG TTM
1.17
QUICK RATIO (ACID-TEST) AVG 3Y
1.23
QUICK RATIO (ACID-TEST) AVG 5Y
1.39
QUICK RATIO (ACID-TEST) AVG 10Y
1.59
QUICK RATIO (ACID-TEST) AVG 15Y
1.81
QUICK RATIO (ACID-TEST) AVG 20Y
2.02
CURRENT VS TTM AVG
-9.89%
CURRENT VS 3Y AVG
-14.52%
CURRENT VS 5Y AVG
-23.91%
CURRENT VS 10Y AVG
-33.83%
CURRENT VS 15Y AVG
-41.75%
CURRENT VS 20Y AVG
-47.81%
SECTOR MEDIAN · INDUSTRIALS
1.11
median of 101 covered companies
CURRENT VS SECTOR MEDIAN
-4.98%
vs the sector median at left
Quanta Services, Inc.
Market Cap
$102.26B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.17
3Y Avg
1.23
5Y Avg
1.39
Market Cap
$101.48B
Quick Ratio (Acid-Test)
0.76
TTM Avg
0.90
3Y Avg
0.84
5Y Avg
0.95
Market Cap
$101.27B
Quick Ratio (Acid-Test)
1.03
TTM Avg
1.23
3Y Avg
1.26
5Y Avg
1.23
Market Cap
$103.47B
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.85
3Y Avg
0.90
5Y Avg
0.94
Market Cap
$90.77B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.17
3Y Avg
1.14
5Y Avg
1.18
Market Cap
$90.51B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.79
3Y Avg
0.80
5Y Avg
0.81
Market Cap
$114.57B
Quick Ratio (Acid-Test)
1.59
TTM Avg
1.04
3Y Avg
1.00
5Y Avg
1.06
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Quanta Services, Inc. (PWR) | $102.26B | 1.05 | 1.17 | 1.23 | 1.39 |
| Trane Technologies plc (TT)vs › | $101.48B | 0.76 | 0.90 | 0.84 | 0.95 |
| Vertiv Holdings Co (VRT)vs › | $101.27B | 1.03 | 1.23 | 1.26 | 1.23 |
| General Dynamics Corporation (GD)vs › | $103.47B | 0.96 | 0.85 | 0.90 | 0.94 |
| CSX Corporation (CSX)vs › | $92.31B | 0.72 | 0.71 | 0.94 | 1.23 |
| 3M Company (MMM)vs › | $91.41B | 0.91 | 1.21 | 1.05 | 1.12 |
| United Parcel Service, Inc. (UPS)vs › | $90.77B | N/A | 1.17 | 1.14 | 1.18 |
| Waste Management, Inc. (WM)vs › | $90.51B | N/A | 0.79 | 0.80 | 0.81 |
| Howmet Aerospace Inc. (HWM)vs › | $114.57B | 1.59 | 1.04 | 1.00 | 1.06 |
| Cummins Inc. (CMI)vs › | $89.53B | 1.11 | 0.98 | 0.87 | 0.99 |
Quick Ratio
1.05
Excludes inventory
Current Ratio
1.10
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 | 1.05 |
| 2026-03-31 | 1.09 |
| 2025-12-31 | 1.09 |
| 2025-09-30 | 1.30 |
| 2025-06-30 | 1.32 |
| 2025-03-31 | 1.26 |
| 2024-12-31 | 1.26 |
| 2024-09-30 | 1.19 |
| 2024-06-30 | 1.25 |
| 2024-03-31 | 1.32 |
| 2023-12-31 | 1.44 |
| 2023-09-30 | 1.57 |
| 2023-06-30 | 1.64 |
| 2023-03-31 | 1.58 |
| 2022-12-31 | 1.59 |
| 2022-09-30 | 1.57 |
| 2022-06-30 | 1.53 |
| 2022-03-31 | 1.48 |
| 2021-12-31 | 1.47 |
| 2021-09-30 | 2.39 |
| 2021-06-30 | 1.72 |
| 2021-03-31 | 1.69 |
| 2020-12-31 | 1.65 |
| 2020-09-30 | 1.67 |
| 2020-06-30 | 1.72 |
| 2020-03-31 | 1.75 |
| 2019-12-31 | 1.67 |
| 2019-09-30 | 1.80 |
| 2019-06-30 | 1.93 |
| 2019-03-31 | 1.95 |
| 2018-12-31 | 1.78 |
| 2018-09-30 | 1.81 |
| 2018-06-30 | 1.77 |
| 2018-03-31 | 1.85 |
| 2017-12-31 | 1.87 |
| 2017-09-30 | 1.80 |
| 2017-06-30 | 1.96 |
| 2017-03-31 | 1.89 |
| 2016-12-31 | 1.83 |
| 2016-09-30 | 1.86 |
| 2016-06-30 | 1.80 |
| 2016-03-31 | 1.76 |
| 2015-12-31 | 1.83 |
| 2015-09-30 | 1.71 |
| 2015-06-30 | 1.92 |
| 2015-03-31 | 2.08 |
| 2014-12-31 | 2.21 |
| 2014-09-30 | 2.21 |
| 2014-06-30 | 2.28 |
| 2014-03-31 | 2.22 |
| 2013-12-31 | 2.19 |
| 2013-09-30 | 2.18 |
| 2013-06-30 | 2.67 |
| 2013-03-31 | 2.59 |
| 2012-12-31 | 2.46 |
| 2012-09-30 | 2.25 |
| 2012-06-30 | 2.25 |
| 2012-03-31 | 2.23 |
| 2011-12-31 | 2.17 |
| 2011-09-30 | 2.31 |
| 2011-06-30 | 2.81 |
| 2011-03-31 | 3.13 |
| 2010-12-31 | 3.09 |
| 2010-09-30 | 3.12 |
| 2010-06-30 | 3.29 |
| 2010-03-31 | 3.66 |
| 2009-12-31 | 3.13 |
| 2009-09-30 | 3.51 |
| 2009-06-30 | 3.15 |
| 2009-03-31 | 3.25 |
| 2008-12-31 | 3.00 |
| 2008-09-30 | 1.74 |
| 2008-06-30 | 1.71 |
| 2008-03-31 | 1.73 |
| 2007-12-31 | 1.69 |
| 2007-09-30 | 2.77 |
| 2007-06-30 | 3.46 |
| 2007-03-31 | 3.18 |
| 2006-12-31 | 2.88 |
| 2006-09-30 | 2.97 |
| 2006-06-30 | 3.36 |
| 2006-03-31 | 3.16 |
| 2005-12-31 | 3.12 |
| 2005-09-30 | 2.97 |
| 2005-06-30 | 2.94 |
| 2005-03-31 | 2.98 |
| 2004-12-31 | 3.08 |
| 2004-09-30 | 2.92 |
| 2004-06-30 | 3.11 |
| 2004-03-31 | 3.06 |
| 2003-12-31 | 3.27 |
| 2003-09-30 | 2.62 |
| 2003-06-30 | 2.62 |
| 2003-03-31 | 2.64 |
| 2002-12-31 | 2.38 |
| 2002-09-30 | 2.42 |
