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 0.93 is in line with its 5-year average of 0.90, near the high end of its 5-year range (0.69–0.99).
As of the fiscal period ended Tuesday, June 30, 2026. 3.68% above its 12-month average of 0.89.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.93
QUICK RATIO (ACID-TEST) AVG TTM
0.89
QUICK RATIO (ACID-TEST) AVG 3Y
0.88
QUICK RATIO (ACID-TEST) AVG 5Y
0.90
QUICK RATIO (ACID-TEST) AVG 10Y
0.89
QUICK RATIO (ACID-TEST) AVG 15Y
0.91
QUICK RATIO (ACID-TEST) AVG 20Y
0.95
CURRENT VS TTM AVG
+3.68%
CURRENT VS 3Y AVG
+5.10%
CURRENT VS 5Y AVG
+3.25%
CURRENT VS 10Y AVG
+3.72%
CURRENT VS 15Y AVG
+1.25%
CURRENT VS 20Y AVG
-2.48%
SECTOR MEDIAN · INDUSTRIALS
1.10
median of 124 covered companies
CURRENT VS SECTOR MEDIAN
-16.20%
vs the sector median at left
Rolls-Royce Holdings plc
Market Cap
$172.00B
Quick Ratio (Acid-Test)
0.93
TTM Avg
0.89
3Y Avg
0.88
5Y Avg
0.90
Market Cap
$170.15B
Quick Ratio (Acid-Test)
0.55
TTM Avg
2.08
3Y Avg
1.92
5Y Avg
1.90
Market Cap
$165.84B
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.41
3Y Avg
0.37
5Y Avg
0.38
Market Cap
$165.12B
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.62
3Y Avg
0.65
5Y Avg
0.68
Market Cap
$182.62B
Quick Ratio (Acid-Test)
0.82
TTM Avg
0.69
3Y Avg
0.66
5Y Avg
0.67
Market Cap
$156.40B
Quick Ratio (Acid-Test)
0.79
TTM Avg
0.89
3Y Avg
0.91
5Y Avg
0.91
Market Cap
$151.38B
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.64
3Y Avg
0.65
5Y Avg
0.69
Market Cap
$196.88B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.93
3Y Avg
0.87
5Y Avg
0.91
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rolls-Royce Holdings plc (RYCEY) | $172.00B | 0.93 | 0.89 | 0.88 | 0.90 |
| Deere & Company (DE)vs › | $170.15B | 0.55 | 2.08 | 1.92 | 1.90 |
| The Boeing Company (BA)vs › | $165.84B | 0.33 | 0.41 | 0.37 | 0.38 |
| ABB Ltd (ABBNY)vs › | $178.72B | 1.08 | 1.13 | 0.98 | 0.96 |
| Safran S.A. (SAFRY)vs › | $165.12B | 0.64 | 0.62 | 0.65 | 0.68 |
| Union Pacific Corporation (UNP)vs › | $182.62B | 0.82 | 0.69 | 0.66 | 0.67 |
| Eaton Corporation plc (ETN)vs › | $156.40B | 0.79 | 0.89 | 0.91 | 0.91 |
| Siemens Energy AG (SMEGF)vs › | $151.38B | 0.64 | 0.64 | 0.65 | 0.69 |
| Schneider Electric S.E. (SBGSY)vs › | $196.88B | 0.81 | 0.93 | 0.87 | 0.91 |
| Lockheed Martin Corporation (LMT)vs › | $130.13B | 1.01 | 0.94 | 1.01 | 1.07 |
Quick Ratio
0.93
Excludes inventory
Current Ratio
1.24
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 | 0.93 |
| 2025-12-31 | 0.82 |
| 2025-06-30 | 0.94 |
| 2024-12-31 | 0.99 |
| 2024-06-30 | 0.92 |
| 2023-12-31 | 0.90 |
| 2023-06-30 | 0.69 |
| 2022-12-31 | 0.81 |
| 2022-06-30 | 0.92 |
| 2021-12-31 | 0.98 |
| 2021-06-30 | 0.99 |
| 2020-12-31 | 0.78 |
| 2020-06-30 | 0.73 |
| 2019-12-31 | 0.78 |
| 2019-06-30 | 0.75 |
| 2018-12-31 | 0.82 |
| 2018-06-30 | 0.88 |
| 2017-12-31 | 1.00 |
| 2017-06-30 | 1.01 |
| 2016-12-31 | 1.02 |
| 2016-06-30 | 1.09 |
| 2015-12-31 | 1.16 |
| 2015-06-30 | 0.96 |
| 2014-12-31 | 1.10 |
| 2014-06-30 | 0.91 |
| 2013-12-31 | 0.97 |
| 2013-06-30 | 0.84 |
| 2012-12-31 | 0.95 |
| 2012-06-30 | 0.86 |
| 2011-12-31 | 0.83 |
| 2011-06-30 | 1.02 |
| 2010-12-31 | 1.03 |
| 2010-06-30 | 0.97 |
| 2009-12-31 | 1.10 |
| 2009-06-30 | 1.03 |
| 2008-12-31 | 1.00 |
| 2008-06-30 | 1.05 |
| 2007-12-31 | 1.06 |
| 2007-06-30 | 1.19 |
| 2006-12-31 | 1.20 |
| 2006-06-30 | 1.29 |
| 2005-12-31 | 1.30 |
| 2005-06-30 | 1.33 |
| 2004-12-31 | 1.20 |
| 2004-06-30 | 1.34 |
| 2003-12-31 | 1.25 |
| 2003-06-30 | 1.02 |
| 2002-12-31 | 1.04 |
| 2002-06-30 | 1.08 |
| 2001-12-31 | 1.11 |
| 2001-06-30 | 1.06 |
| 2000-12-31 | 1.00 |
| 2000-06-30 | 1.06 |
| 1999-12-31 | 0.92 |
| 1999-06-30 | 1.00 |
| 1998-12-31 | 1.11 |
| 1998-06-30 | 1.07 |
| 1997-12-31 | 1.04 |
| 1997-06-30 | 1.13 |
| 1996-12-31 | 1.26 |
| 1996-06-30 | 1.29 |
| 1995-12-31 | 1.34 |
| 1995-06-30 | 1.35 |
| 1994-12-31 | 1.36 |
| 1994-06-30 | 1.39 |
| 1993-12-31 | 1.41 |
| 1993-06-30 | 1.21 |
| 1992-12-31 | 1.03 |
| 1992-06-30 | 1.06 |
| 1991-12-31 | 1.10 |
| 1991-06-30 | 1.08 |
| 1990-12-31 | 1.06 |
| 1990-06-30 | 1.11 |
| 1989-12-31 | 1.17 |
| 1989-06-30 | 1.30 |
| 1988-12-31 | 1.57 |
| 1988-06-30 | 1.33 |
| 1987-12-31 | 1.07 |
| 1987-06-30 | 0.83 |
| 1986-12-31 | 0.64 |
| 1986-06-30 | 0.55 |
| 1985-12-31 | 0.47 |
| 1985-06-30 | 0.00 |