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MERCURY SYSTEMS INC MRCY

Nasdaq · stock · Electronic Components & Accessories · website · IPO 1998-01-30 · LEI

MERCURY SYSTEMS INC statistics & valuation

P / S6.7×
P / B4.4×
P / FCF96.5×
Net margin-3.0%
FCF margin6.9%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
6.10% 8.30% 7.10% 10.80% 6.70% 1.10% -2.90% -16.50% -4.20% -3.00% 2017201820192020202120222023202420252026
Gross margin (%)
46.90% 45.80% 43.70% 44.80% 41.70% 40.00% 32.50% 23.50% 27.90% 28.60% 2017201820192020202120222023202420252026
Operating margin (%)
9.20% 9.50% 11.70% 11.40% 8.80% 3.20% -2.20% -17.70% -2.20% 0.00% 2017201820192020202120222023202420252026
Return on equity (%)
3.40% 5.30% 3.60% 6.20% 4.20% 0.70% -1.80% -9.30% -2.60% -2.00% 2017201820192020202120222023202420252026
Shares outstanding
46.3M 47.5M 54.2M 55.1M 55.5M 55.9M 57.0M 58.1M 59.0M 59.6M 2017201820192020202120222023202420252026
Net debt ($)
2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
3.00% 3.80% 3.30% 5.30% 3.20% 0.50% -1.20% -5.80% -1.60% -1.30% 2017201820192020202120222023202420252026
Free cash flow margin (%)
6.40% 5.70% 10.80% 9.00% 5.60% -4.70% -6.20% 3.10% 13.10% 6.90% 2017201820192020202120222023202420252026
Debt / equity (×)
2017201820192020202120222023202420252026
EPS ($)
$0.58 $0.86 $0.96 $1.56 $1.12 $0.20 -$0.50 -$2.38 -$0.65 -$0.50 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

MERCURY SYSTEMS INC trades at about 410.9× earnings — above its 10-year norm (10-year range 15.6×–295×, median 49.6×).

15.6× 410.9×

Shaded band = 10-year range (15.6×–295×); dot = today's 410.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin28.6%27.9%23.5%32.5%40.0%41.7%44.8%43.7%45.8%46.9%
Operating margin0.0%-2.2%-17.7%-2.2%3.2%8.8%11.4%11.7%9.5%9.2%
Net margin-3.0%-4.2%-16.5%-2.9%1.1%6.7%10.8%7.1%8.3%6.1%
FCF margin6.9%13.1%3.1%-6.2%-4.7%5.6%9.0%10.8%5.7%6.4%
Return on assets-1.3%-1.6%-5.8%-1.2%0.5%3.2%5.3%3.3%3.8%3.0%
Return on equity-2.0%-2.6%-9.3%-1.8%0.7%4.2%6.2%3.6%5.3%3.4%
Current ratio2.963.524.074.024.204.265.045.944.633.38

Computed from company filings · US · as of 2026-07-03. Facts plus Stocktoria's own computed scores — not investment advice.