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 0.59 is 11% below its 5-year average of 0.67, near the low end of its 5-year range (0.54–1.05).
As of the fiscal period ended Tuesday, June 30, 2026. 15.47% below its 12-month average of 0.70.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.59.
QUICK RATIO (ACID-TEST)
0.59
QUICK RATIO (ACID-TEST) AVG TTM
0.70
QUICK RATIO (ACID-TEST) AVG 3Y
0.65
QUICK RATIO (ACID-TEST) AVG 5Y
0.67
QUICK RATIO (ACID-TEST) AVG 10Y
0.75
QUICK RATIO (ACID-TEST) AVG 15Y
1.10
QUICK RATIO (ACID-TEST) AVG 20Y
1.21
CURRENT VS TTM AVG
-15.47%
CURRENT VS 3Y AVG
-9.51%
CURRENT VS 5Y AVG
-11.23%
CURRENT VS 10Y AVG
-20.83%
CURRENT VS 15Y AVG
-46.07%
CURRENT VS 20Y AVG
-51.29%
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-48.38%
vs the sector median at left
Westinghouse Air Brake Technologies Corporation
Market Cap
$47.34B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.70
3Y Avg
0.65
5Y Avg
0.67
Market Cap
$46.89B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.74
3Y Avg
0.81
5Y Avg
0.86
Market Cap
$46.69B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.91
3Y Avg
1.39
5Y Avg
1.39
Market Cap
$46.25B
Quick Ratio (Acid-Test)
1.03
TTM Avg
0.96
3Y Avg
0.91
5Y Avg
0.97
Market Cap
$48.73B
Quick Ratio (Acid-Test)
0.83
TTM Avg
0.62
3Y Avg
0.62
5Y Avg
0.62
Market Cap
$44.75B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
Market Cap
$43.54B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.31
3Y Avg
1.31
5Y Avg
1.62
Market Cap
$51.45B
Quick Ratio (Acid-Test)
0.35
TTM Avg
0.33
3Y Avg
0.36
5Y Avg
0.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Westinghouse Air Brake Technologies Corporation (WAB) | $47.34B | 0.59 | 0.70 | 0.65 | 0.67 |
| Rockwell Automation, Inc. (ROK)vs › | $46.89B | 0.74 | 0.74 | 0.81 | 0.86 |
| Carrier Global Corporation (CARR)vs › | $46.69B | 0.72 | 0.91 | 1.39 | 1.39 |
| L3Harris Technologies, Inc. (LHX)vs › | $46.25B | 1.03 | 0.96 | 0.91 | 0.97 |
| Honeywell Aerospace Inc (HONA)vs › | $48.73B | 0.83 | 0.62 | 0.62 | 0.62 |
| HEICO Corporation (HEI-A)vs › | $44.75B | 1.27 | 1.31 | 1.31 | 1.62 |
| HEICO Corporation (HEI)vs › | $43.54B | 1.27 | 1.31 | 1.31 | 1.62 |
| Delta Air Lines, Inc. (DAL)vs › | $51.45B | 0.35 | 0.33 | 0.36 | 0.53 |
| Ferguson plc (FERG)vs › | $42.85B | 0.93 | 0.94 | 0.95 | 0.96 |
| Thomson Reuters Corporation (TRI)vs › | $41.78B | 0.51 | 0.82 | 0.78 | 0.92 |
Quick Ratio
0.59
Excludes inventory
Current Ratio
1.12
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 | 0.59 |
| 2026-03-31 | 0.54 |
| 2025-12-31 | 0.57 |
| 2025-09-30 | 0.75 |
| 2025-06-30 | 1.05 |
| 2025-03-31 | 0.73 |
| 2024-12-31 | 0.69 |
| 2024-09-30 | 0.65 |
| 2024-06-30 | 0.73 |
| 2024-03-31 | 0.77 |
| 2023-12-31 | 0.63 |
| 2023-09-30 | 0.61 |
| 2023-06-30 | 0.56 |
| 2023-03-31 | 0.54 |
| 2022-12-31 | 0.66 |
| 2022-09-30 | 0.65 |
| 2022-06-30 | 0.67 |
| 2022-03-31 | 0.72 |
| 2021-12-31 | 0.74 |
| 2021-09-30 | 0.74 |
| 2021-06-30 | 0.75 |
| 2021-03-31 | 0.67 |
| 2020-12-31 | 0.69 |
| 2020-09-30 | 0.67 |
| 2020-06-30 | 0.62 |
| 2020-03-31 | 0.82 |
| 2019-12-31 | 0.74 |
| 2019-09-30 | 0.77 |
| 2019-06-30 | 0.73 |
| 2019-03-31 | 0.75 |
| 2018-12-31 | 2.19 |
| 2018-09-30 | 2.28 |
| 2018-06-30 | 0.99 |
| 2018-03-31 | 0.99 |
| 2017-12-31 | 0.97 |
| 2017-09-30 | 1.03 |
| 2017-07-01 | 1.08 |
| 2017-03-31 | 0.99 |
| 2016-12-31 | 1.53 |
| 2016-09-30 | 1.92 |
| 2016-06-30 | 1.82 |
| 2016-03-31 | 1.84 |
| 2015-12-31 | 1.71 |
| 2015-09-30 | 1.73 |
| 2015-06-30 | 1.49 |
| 2015-03-31 | 1.42 |
| 2014-12-31 | 1.53 |
| 2014-09-30 | 1.55 |
| 2014-06-30 | 1.56 |
| 2014-03-31 | 1.75 |
| 2013-12-31 | 1.60 |
| 2013-09-30 | 1.74 |
| 2013-06-30 | 1.50 |
| 2013-03-31 | 1.32 |
| 2012-12-31 | 1.24 |
| 2012-09-30 | 1.47 |
| 2012-06-30 | 1.37 |
| 2012-03-31 | 1.39 |
| 2011-12-31 | 1.31 |
| 2011-09-30 | 1.38 |
| 2011-06-30 | 1.36 |
| 2011-03-31 | 1.47 |
| 2010-12-31 | 1.57 |
| 2010-09-30 | 1.55 |
| 2010-06-30 | 1.59 |
| 2010-03-31 | 1.53 |
| 2009-12-31 | 1.47 |
| 2009-09-30 | 1.70 |
| 2009-06-30 | 1.31 |
| 2009-03-31 | 1.28 |
| 2008-12-31 | 1.19 |
| 2008-09-30 | 1.48 |
| 2008-06-30 | 1.73 |
| 2008-03-31 | 1.70 |
| 2007-12-31 | 1.66 |
| 2007-09-30 | 1.70 |
| 2007-06-30 | 1.57 |
| 2007-03-31 | 1.78 |
| 2006-12-31 | 1.65 |
| 2006-09-30 | 1.81 |
| 2006-06-30 | 1.68 |
| 2006-03-31 | 1.63 |
| 2005-12-31 | 1.54 |
| 2005-09-30 | 1.36 |
| 2005-06-30 | 1.35 |
| 2005-03-31 | 1.28 |
| 2004-12-31 | 1.45 |
| 2004-09-30 | 1.64 |
| 2004-06-30 | 1.62 |
| 2004-03-31 | 1.52 |
| 2003-12-31 | 1.51 |
| 2003-09-30 | 1.21 |
| 2003-06-30 | 1.17 |
| 2003-03-31 | 1.18 |
| 2002-12-31 | 1.16 |
| 2002-09-30 | 1.04 |