Fortune Brands InnovationsLTS:0IRN +1.53%73 Quick Ratio is 1.04 as of Mar. 2026, which is 7% above its 10-year median of 0.97. GuruFocus rates LTS:0IRN with a GF Score™ of 73/100 and a GF Value™ of $68.01 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,780 Construction companies, Fortune Brands Innovations ranks worse than 67.3% on this metric.
Fortune Brands Innovations has a quick ratio of 1.04. It generally indicates good short-term financial strength.
The historical rank and industry rank for Fortune Brands Innovations's Quick Ratio or its related term are showing as below:
LTS:0IRN'
s Quick Ratio Range Over the Past 10 Years
Min: 0.65 Med: 0.97 Max: 1.34
Current: 1.04
During the past 13 years, Fortune Brands Innovations's highest Quick Ratio was 1.34. The lowest was 0.65. And the median was 0.97.
LTS:0IRN's Quick Ratio is ranked worse than 67.3% of 1780
companies
in the Construction industry
Industry Median: 1.29
vs LTS:0IRN: 1.04
Fortune Brands Innovations (LTS:0IRN) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Fortune Brands Innovations Quick Ratio Related Terms
Fortune Brands Innovations Quick Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LTS:0IRN vs LPX, TREX, GFF: Quick Ratio Comparison
For the Building Products & Equipment subindustry, Fortune Brands Innovations's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fortune Brands Innovations Quick Ratio vs Construction Industry
For the Construction industry and Industrials sector, Fortune Brands Innovations's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Fortune Brands Innovations's Quick Ratio falls into.
Fortune Brands Innovations Quick Ratio Calculation
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fortune Brands Innovations (LTS:0IRN) has a Quick Ratio of 1.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fortune Brands Innovations and its competitors. This is near median its historical median of 0.97. Over the past decade, Fortune Brands Innovations' Quick Ratio has ranged from 0.65 to 1.34. According to the industry distribution chart, Fortune Brands Innovations ranks #1198 out of 1780 companies in the Construction industry, placing it in the top 67.3%.
Is Fortune Brands Innovations' Quick Ratio too high?
Fortune Brands Innovations' current Quick Ratio of 1.04 is near median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.34. The Construction industry median Quick Ratio is 1.29. Fortune Brands Innovations' value of 1.04 is 19.4% below this industry median. Based on the distribution chart, Fortune Brands Innovations ranks #1198 out of 1780 companies in the Construction industry, which is below the industry midpoint. Overall, Fortune Brands Innovations has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fortune Brands Innovations' Quick Ratio compare to LPX and TREX?
According to the Construction industry distribution chart, Fortune Brands Innovations ranks #1198 out of 1780 companies for Quick Ratio. This places Fortune Brands Innovations in the lower half of its industry. The industry median Quick Ratio is 1.29. Fortune Brands Innovations' value of 1.04 is 19.4% below this benchmark. Historically, Fortune Brands Innovations' own Quick Ratio has ranged from 0.65 to 1.34 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.29, Fortune Brands Innovations has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,780 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortune Brands Innovations's current Quick Ratio of 1.04 is 19.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fortune Brands Innovations and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Brands Innovations's current Quick Ratio is 1.04, which is near median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Brands Innovations stock overvalued right now?
Based on GuruFocus' analysis, Fortune Brands Innovations (LTS:0IRN) is currently considered Modestly Undervalued. The stock's GF Value™ is $68.01, compared to a current price of $55.07 — trading 19% below its estimated fair value. The current Quick Ratio is 1.04, which is near median its 10-year median of 0.97 and 19.4% below the Construction industry median of 1.29. Fortune Brands Innovations' overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Fortune Brands Innovations (LTS:0IRN), the current Quick Ratio is 1.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fortune Brands Innovations (LTS:0IRN) Overvalued in 2026?
Based on GuruFocus' analysis, Fortune Brands Innovations stock appears to be undervalued.
The current stock price of $55.07 is trading 19% below its estimated GF Value™ of $68.01.
GuruFocus considers Fortune Brands Innovations to be Modestly Undervalued.
Key valuation signals for LTS:0IRN:
Quick Ratio: 1.04 (near median its 10-year median of 0.97)
GF Value™: $68.01 vs. price of $55.07 (19% below fair value)
Industry Position: 19.4% below the Construction median (#1198 of 1780)
No single metric tells the full story. See the LTS:0IRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortune Brands is a US-based homebuilding products company that sells building-related products serving R&R and new construction markets. The company operates in three segments: water, outdoors, and security. Water innovation, including plumbing fixtures and faucets, accounts for around 55% of total sales and features brands such as Moen, House of Rohl, and Aqualisa. The outdoors segment includes decking, railing, and doors and makes up 30% of total sales, featuring brands such as Larson, Fiberon, and Therma-Tru. The security segment, which includes smart residential padlocks, accounts for the remaining 15% of sales and features brands such as MasterLock, SentrySafe, Yale, and AmericanLock.
73GF Score
Get the complete analysis for LTS:0IRN
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0IRN has been successfully added to your 
