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 0.72 is 15% below its 5-year average of 0.85, near the low end of its 5-year range (0.59–1.32).
As of the fiscal period ended Tuesday, June 30, 2026. 12.12% above its 12-month average of 0.64.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.72.
QUICK RATIO (ACID-TEST)
0.72
QUICK RATIO (ACID-TEST) AVG TTM
0.64
QUICK RATIO (ACID-TEST) AVG 3Y
0.71
QUICK RATIO (ACID-TEST) AVG 5Y
0.85
QUICK RATIO (ACID-TEST) AVG 10Y
0.72
QUICK RATIO (ACID-TEST) AVG 15Y
0.70
QUICK RATIO (ACID-TEST) AVG 20Y
0.71
CURRENT VS TTM AVG
+12.12%
CURRENT VS 3Y AVG
+0.90%
CURRENT VS 5Y AVG
-15.34%
CURRENT VS 10Y AVG
-0.52%
CURRENT VS 15Y AVG
+2.85%
CURRENT VS 20Y AVG
+0.38%
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-37.50%
vs the sector median at left
United Airlines Holdings, Inc.
Market Cap
$35.37B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.64
3Y Avg
0.71
5Y Avg
0.85
Market Cap
$36.21B
Quick Ratio (Acid-Test)
4.98
TTM Avg
2.65
3Y Avg
2.61
5Y Avg
3.23
Market Cap
$33.07B
Quick Ratio (Acid-Test)
1.25
TTM Avg
1.23
3Y Avg
1.23
5Y Avg
1.29
Market Cap
$37.83B
Quick Ratio (Acid-Test)
1.89
TTM Avg
1.39
3Y Avg
1.66
5Y Avg
2.16
Market Cap
$39.51B
Quick Ratio (Acid-Test)
1.80
TTM Avg
1.75
3Y Avg
2.24
5Y Avg
2.47
Market Cap
$40.59B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.60
3Y Avg
0.64
5Y Avg
0.78
Market Cap
$29.95B
Quick Ratio (Acid-Test)
0.87
TTM Avg
1.01
3Y Avg
1.00
5Y Avg
0.99
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Airlines Holdings, Inc. (UAL) | $35.37B | 0.72 | 0.64 | 0.71 | 0.85 |
| Rocket Lab USA, Inc. (RKLB)vs › | $36.21B | 4.98 | 2.65 | 2.61 | 3.23 |
| EMCOR Group, Inc. (EME)vs › | $33.07B | 1.25 | 1.23 | 1.23 | 1.29 |
| Old Dominion Freight Line, Inc. (ODFL)vs › | $37.83B | 1.89 | 1.39 | 1.66 | 2.16 |
| Axon Enterprise, Inc. (AXON)vs › | $39.51B | 1.80 | 1.75 | 2.24 | 2.47 |
| Ferrovial SE (FER)vs › | $39.62B | 1.09 | 1.09 | 1.15 | 1.22 |
| Waste Connections, Inc. (WCN)vs › | $40.59B | 0.67 | 0.60 | 0.64 | 0.78 |
| Sunbelt Rentals Holdings Inc (SUNB)vs › | $29.95B | 0.87 | 1.01 | 1.00 | 0.99 |
| Copart, Inc. (CPRT)vs › | $29.38B | 7.84 | 8.02 | 7.38 | 6.39 |
| Paychex, Inc. (PAYX)vs › | $42.15B | 1.26 | 1.27 | 1.30 | 1.28 |
Quick Ratio
0.72
Excludes inventory
Current Ratio
0.78
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 | 0.72 |
| 2026-03-31 | 0.64 |
| 2025-12-31 | 0.59 |
| 2025-09-30 | 0.61 |
| 2025-06-30 | 0.65 |
| 2025-03-31 | 0.72 |
| 2024-12-31 | 0.74 |
| 2024-09-30 | 0.72 |
| 2024-06-30 | 0.71 |
| 2024-03-31 | 0.69 |
| 2023-12-31 | 0.76 |
| 2023-09-30 | 0.82 |
| 2023-06-30 | 0.86 |
| 2023-03-31 | 0.86 |
| 2022-12-31 | 0.95 |
| 2022-09-30 | 0.98 |
| 2022-06-30 | 0.99 |
| 2022-03-31 | 0.99 |
| 2021-12-31 | 1.14 |
| 2021-09-30 | 1.31 |
| 2021-06-30 | 1.32 |
| 2021-03-31 | 1.07 |
| 2020-12-31 | 1.09 |
| 2020-09-30 | 0.98 |
| 2020-06-30 | 0.55 |
| 2020-03-31 | 0.42 |
| 2019-12-31 | 0.48 |
| 2019-09-30 | 0.48 |
| 2019-06-30 | 0.49 |
| 2019-03-31 | 0.43 |
| 2018-12-31 | 0.44 |
| 2018-09-30 | 0.56 |
| 2018-06-30 | 0.56 |
| 2018-03-31 | 0.52 |
| 2017-12-31 | 0.49 |
| 2017-09-30 | 0.53 |
| 2017-06-30 | 0.54 |
| 2017-03-31 | 0.54 |
| 2016-12-31 | 0.52 |
| 2016-09-30 | 0.54 |
| 2016-06-30 | 0.50 |
| 2016-03-31 | 0.48 |
| 2015-12-31 | 0.57 |
| 2015-09-30 | 0.70 |
| 2015-06-30 | 0.59 |
| 2015-03-31 | 0.64 |
| 2014-12-31 | 0.55 |
| 2014-09-30 | 0.66 |
| 2014-06-30 | 0.67 |
| 2014-03-31 | 0.62 |
| 2013-12-31 | 0.66 |
| 2013-09-30 | 0.69 |
| 2013-06-30 | 0.70 |
| 2013-03-31 | 0.66 |
| 2012-12-31 | 0.73 |
| 2012-09-30 | 0.77 |
| 2012-06-30 | 0.83 |
| 2012-03-31 | 0.85 |
| 2011-12-31 | 0.91 |
| 2011-09-30 | 0.95 |
| 2011-06-30 | 0.93 |
| 2011-03-31 | 0.90 |
| 2010-12-31 | 0.92 |
| 2010-09-30 | 0.82 |
| 2010-06-30 | 0.78 |
| 2010-03-31 | 0.84 |
| 2009-12-31 | 0.72 |
| 2009-09-30 | 0.65 |
| 2009-06-30 | 0.64 |
| 2009-03-31 | 0.64 |
| 2008-12-31 | 0.64 |
| 2008-09-30 | 0.75 |
| 2008-06-30 | 0.68 |
| 2008-03-31 | 0.68 |
| 2007-12-31 | 0.73 |
| 2007-10-08 | 0.86 |
| 2007-06-30 | 0.81 |
| 2007-03-31 | 0.71 |
| 2006-12-31 | 0.76 |
| 2006-09-30 | 0.90 |
| 2006-06-30 | 0.83 |
| 2006-03-31 | 0.80 |
| 2005-12-31 | 0.78 |
| 2005-09-30 | 0.80 |
| 2005-06-30 | 0.73 |
| 2005-03-31 | 0.63 |
| 2004-12-31 | 0.57 |
| 2004-09-30 | 0.61 |
| 2004-06-30 | 0.62 |
| 2004-03-31 | 0.64 |
| 2003-12-31 | 0.62 |
| 2003-09-30 | 0.72 |
| 2003-06-30 | 0.75 |
| 2003-03-31 | 0.68 |
| 2002-12-31 | 0.77 |
| 2002-09-30 | 0.52 |
