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 1.24 is in line with its 5-year average of 1.31, near the low end of its 5-year range (1.10–1.81).
As of the fiscal period ended Tuesday, June 30, 2026. 5.46% below its 12-month average of 1.31.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.24
QUICK RATIO (ACID-TEST) AVG TTM
1.31
QUICK RATIO (ACID-TEST) AVG 3Y
1.30
QUICK RATIO (ACID-TEST) AVG 5Y
1.31
QUICK RATIO (ACID-TEST) AVG 10Y
1.30
QUICK RATIO (ACID-TEST) AVG 15Y
1.47
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-5.46%
CURRENT VS 3Y AVG
-4.77%
CURRENT VS 5Y AVG
-5.37%
CURRENT VS 10Y AVG
-4.38%
CURRENT VS 15Y AVG
-15.57%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+8.30%
vs the sector median at left
Market Cap
$25.52B
Quick Ratio (Acid-Test)
1.26
TTM Avg
0.92
3Y Avg
1.14
5Y Avg
1.26
Market Cap
$24.30B
Quick Ratio (Acid-Test)
1.57
TTM Avg
1.79
3Y Avg
1.95
5Y Avg
1.95
Market Cap
$24.21B
Quick Ratio (Acid-Test)
0.93
TTM Avg
0.99
3Y Avg
1.04
5Y Avg
1.07
Market Cap
$26.01B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.22
3Y Avg
1.26
5Y Avg
1.19
Market Cap
$25.97B
Quick Ratio (Acid-Test)
1.41
TTM Avg
1.40
3Y Avg
1.11
5Y Avg
1.03
Market Cap
$26.32B
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.84
3Y Avg
0.85
5Y Avg
0.91
Market Cap
$23.13B
Quick Ratio (Acid-Test)
1.61
TTM Avg
1.60
3Y Avg
1.36
5Y Avg
1.25
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Xylem Inc. (XYL) | $24.99B | 1.24 | 1.31 | 1.30 | 1.31 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.52B | 1.26 | 0.92 | 1.14 | 1.26 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.30B | 1.57 | 1.79 | 1.95 | 1.95 |
| Hubbell Incorporated (HUBB)vs › | $24.21B | 0.93 | 0.99 | 1.04 | 1.07 |
| nVent Electric plc (NVT)vs › | $26.01B | 1.33 | 1.22 | 1.26 | 1.19 |
| Dover Corporation (DOV)vs › | $25.97B | 1.41 | 1.40 | 1.11 | 1.03 |
| Otis Worldwide Corporation (OTIS)vs › | $26.32B | 0.75 | 0.84 | 0.85 | 0.91 |
| Veralto Corporation (VLTO)vs › | $23.13B | 1.61 | 1.60 | 1.36 | 1.25 |
| Symbotic Inc. (SYM)vs › | $27.85B | 1.23 | 1.11 | 1.01 | 1.01 |
| XPO Logistics, Inc. (XPO)vs › | $22.02B | 1.01 | 1.06 | 1.05 | 1.05 |
Quick Ratio
1.24
Excludes inventory
Current Ratio
1.61
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 | 1.24 |
| 2026-03-31 | 1.10 |
| 2025-12-31 | 1.28 |
| 2025-09-30 | 1.50 |
| 2025-06-30 | 1.43 |
| 2025-03-31 | 1.41 |
| 2024-12-31 | 1.33 |
| 2024-09-30 | 1.42 |
| 2024-06-30 | 1.33 |
| 2024-03-31 | 1.22 |
| 2023-12-31 | 1.30 |
| 2023-09-30 | 1.21 |
| 2023-06-30 | 1.14 |
| 2023-03-31 | 1.44 |
| 2022-12-31 | 1.39 |
| 2022-09-30 | 1.22 |
| 2022-06-30 | 1.19 |
| 2022-03-31 | 1.21 |
| 2021-12-31 | 1.77 |
| 2021-09-30 | 1.81 |
| 2021-06-30 | 1.52 |
| 2021-03-31 | 1.52 |
| 2020-12-31 | 1.52 |
| 2020-09-30 | 2.13 |
| 2020-06-30 | 1.97 |
| 2020-03-31 | 1.19 |
| 2019-12-31 | 1.27 |
| 2019-09-30 | 1.15 |
| 2019-06-30 | 1.08 |
| 2019-03-31 | 1.02 |
| 2018-12-31 | 1.08 |
| 2018-09-30 | 1.07 |
| 2018-06-30 | 1.02 |
| 2018-03-31 | 1.02 |
| 2017-12-31 | 1.41 |
| 2017-09-30 | 1.26 |
| 2017-06-30 | 1.17 |
| 2017-03-31 | 1.11 |
| 2016-12-31 | 1.06 |
| 2016-09-30 | 1.91 |
| 2016-06-30 | 1.86 |
| 2016-03-31 | 1.46 |
| 2015-12-31 | 1.91 |
| 2015-09-30 | 1.89 |
| 2015-06-30 | 1.86 |
| 2015-03-31 | 1.77 |
| 2014-12-31 | 1.75 |
| 2014-09-30 | 1.78 |
| 2014-06-30 | 1.76 |
| 2014-03-31 | 1.72 |
| 2013-12-31 | 1.80 |
| 2013-09-30 | 1.75 |
| 2013-06-30 | 1.78 |
| 2013-03-31 | 1.80 |
| 2012-12-31 | 1.83 |
| 2012-09-30 | 1.74 |
| 2012-06-30 | 1.65 |
| 2012-03-31 | 1.55 |
| 2011-12-31 | 1.49 |
| 2011-09-30 | 1.56 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 1.54 |
| 2010-12-31 | 1.46 |
| 2010-09-30 | 0.00 |
| 2010-03-31 | 0.00 |