Mercury Systems Inc

Mercury Systems Inc

MRCY · NASDAQ · Industrials / Aerospace & Defense

81.42USD-2.01 (-2.41%)

Price History

Full chart

Market Stats

Previous Close83.43
Open83.23
Day Range79.59 – 84.36
52-Week Range64.37 – 128.45
Volume404.90K
Market Cap5.09B
P/E (TTM)0.00
Forward P/E47.62
EPS-0.50
Dividend Yield0.00%
Beta0.97
50-Day Avg80.11
200-Day Avg90.79

About

Mercury Systems, Inc., engages in the aerospace and defense electronics industry. The company manufactures and sells components, products, modules, and subsystems for defense prime contractors, original equipment manufacturers, government, and commercial aerospace companies. It offers components, including power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, monolithic microwave integrated circuits, and memory and storage devices; modules and sub-assemblies, such as embedded processing boards, switched fabrics and boards, digital receivers, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners, and transceivers, as well as graphics and video; and integrated subsystems. The company also designs, develops, and manufactures digital radio frequency memory units for various modern electronic warfare applications; radar environment simulation and test systems for defense and intelligence applications; and signals intelligence payloads and EO/IR technologies for small UAV platforms, as well as onboard UAV processor systems for real-time wide area motion imagery. It operates in the United States, Europe, and the Asia Pacific. The company was formerly known as Mercury Computer Systems, Inc. and changed its name to Mercury Systems, Inc. in November 2012. Mercury Systems, Inc. was incorporated in 1981 and is headquartered in Andover, Massachusetts.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEODr. William L. Ballhaus
  • Employees2.10K
  • Headquarters50 Minuteman Road, Andover, MA, United States, 01810, USA
  • Websitehttps://www.mrcy.com

Leadership

  • Dr. William L. BallhausPresident, CEO & Chairman · b. 1968
  • Mr. David E. FarnsworthExecutive VP & CFO · b. 1961
  • Mr. Stuart H. KupinskyExecutive VP, Chief Legal Officer & Corporate Secretary · b. 1968
  • Mr. Steven V. RatnerExecutive VP & Chief Human Resources Officer · b. 1976
  • Mr. Douglas D. MunroVP & Chief Accounting Officer
  • Dr. William Conley Ph.D.Chief Technology Officer
  • Mr. Ghassan AlakaChief Information Officer
  • Mr. Tyler Hojo CFASenior Vice President of Strategy & Corporate Development
  • Mr. Tod BrindlingerSenior Vice President of Operations
  • Mr. Ken HermannySenior Vice President of Processing Technologies

Financials

Income Statement

Currency: USD1998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue85.50M106.60M140.94M180.49M150.12M180.24M185.59M250.17M236.12M223.71M209.90M188.94M199.83M228.71M244.93M208.79M208.73M234.85M270.15M408.59M493.18M654.74M796.61M924.00M973.88M973.88M835.27M912.02M983.62M
Growth (%)-+24.68%+32.22%+28.06%-16.83%+20.07%+2.97%+34.79%-5.62%-5.26%-6.17%-9.99%+5.76%+14.45%+7.09%-14.75%-0.03%+12.51%+15.03%+51.24%+20.70%+32.76%+21.67%+15.99%+5.40%0.00%-14.23%+9.19%+7.85%
Cost of Revenue26.80M29.70M34.05M59.81M52.24M62.05M60.54M84.47M96.92M99.29M83.83M83.51M87.30M98.81M108.77M126.12M113.98M124.63M145.38M217.04M267.33M368.59M439.77M538.81M657.15M657.15M639.37M657.53M741.36M
Gross Profit58.70M76.90M106.90M120.68M97.87M118.19M125.06M165.71M139.20M124.42M126.07M105.43M112.53M129.90M136.16M82.67M94.74M110.22M124.77M191.54M225.86M286.16M356.84M385.19M316.73M316.73M195.90M254.49M242.26M
Gross Margin68.65%72.14%75.84%66.86%65.20%65.58%67.38%66.24%58.95%55.62%60.06%55.80%56.31%56.80%55.59%39.59%45.39%46.93%46.19%46.88%45.80%43.71%44.80%41.69%32.52%32.52%23.45%27.90%24.63%
Operating Expense45.70M58.20M73.44M81.12M83.29M92.36M93.45M123.17M158.64M164.94M163.98M97.68M95.22M104.91M106.04M106.36M102.15M91.86M100.80M154.14M178.87M209.57M265.78M304.19M338.41M338.41M343.65M274.12M221.32M
Operating Income13.00M18.70M33.46M39.56M14.58M25.83M31.61M42.54M-19.44M-40.52M-37.91M7.75M17.31M24.98M30.11M-23.69M-7.41M18.36M23.97M37.40M46.98M76.58M91.06M81.00M-21.68M-21.68M-147.75M-19.63M20.95M
Operating Margin15.20%17.54%23.74%21.92%9.71%14.33%17.03%17.00%-8.23%-18.11%-18.06%4.10%8.66%10.92%12.29%-11.35%-3.55%7.82%8.87%9.15%9.53%11.70%11.43%8.77%-2.23%-2.23%-17.69%-2.15%2.13%
EBITDA16.30M23.20M38.56M45.69M21.66M25.83M38.91M42.54M4.55M-16.27M2.25M19.93M25.93M34.99M43.47M-5.92M9.74M32.17M46.56M77.23M96.95M125.70M144.27M163.28M73.95M73.95M-66.23M65.03M93.63M
EBITDA Margin19.06%21.76%27.36%25.31%14.43%14.33%20.96%17.00%1.93%-7.27%1.07%10.55%12.98%15.30%17.75%-2.83%4.67%13.70%17.24%18.90%19.66%19.20%18.11%17.67%7.59%7.59%-7.93%7.13%9.52%
Net Income8.70M13.50M24.90M30.68M15.83M22.68M22.89M30.19M-16.17M-37.82M-35.41M-1.26M28.36M18.44M22.62M-13.21M-11.43M10.37M19.74M24.88M40.88M46.77M85.71M62.04M-28.34M-28.34M-137.64M-37.90M-29.67M
Net Income Margin10.18%12.66%17.66%17.00%10.54%12.58%12.33%12.07%-6.85%-16.91%-16.87%-0.67%14.19%8.06%9.23%-6.33%-5.47%4.42%7.31%6.09%8.29%7.14%10.76%6.71%-2.91%-2.91%-16.48%-4.16%-3.02%
R&D14.50M20.70M28.86M30.48M34.35M38.38M38.65M50.07M61.15M58.49M54.79M42.37M41.55M44.50M45.98M32.69M35.69M32.55M33.54M54.09M58.81M68.92M98.48M113.48M108.80M108.80M101.33M67.65M59.74M
R&D as % of Total Revenue16.96%19.42%20.48%16.89%22.89%21.30%20.82%20.02%25.90%26.15%26.10%22.43%20.79%19.46%18.77%15.66%17.10%13.86%12.42%13.24%11.92%10.53%12.36%12.28%11.17%11.17%12.13%7.42%6.07%
Interest Expense00000923.00K1.44M4.17M4.10M4.24M3.36M2.55M381.00K79.00K40.00K38.00K49.00K34.00K1.17M7.57M2.85M9.11M1.01M1.22M25.16M25.16M35.02M33.43M29.59M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.51%0.78%1.67%1.74%1.90%1.60%1.35%0.19%0.03%0.02%0.02%0.02%0.01%0.43%1.85%0.58%1.39%0.13%0.13%2.58%2.58%4.19%3.67%3.01%

Balance Sheet

Currency: USD1998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets73.60M97.50M144.22M183.58M167.11M190.56M369.74M377.13M386.45M360.26M338.55M219.37M224.34M355.56M385.61M374.43M373.71M389.99M736.50M815.75M1.06B1.42B1.61B1.96B2.30B2.39B2.38B2.43B2.32B
Total Liabilities12.60M20.10M35.86M35.80M31.39M37.90M188.88M179.30M194.46M191.61M192.04M74.33M45.23M54.13M52.50M45.93M46.56M39.85M263.45M90.33M292.59M132.24M225.94M470.99M767.23M824.68M906.13M961.30M825.32M
Total Equity61.00M77.40M108.36M147.79M135.72M152.66M180.86M197.83M191.99M168.66M146.51M145.04M179.11M301.44M333.10M328.50M327.15M350.14M473.04M725.42M771.89M1.28B1.38B1.48B1.54B1.57B1.47B1.47B1.50B
Cash6.10M3.70M5.85M13.31M17.51M27.16M149.00M43.14M22.98M51.29M59.05M46.95M56.24M162.88M115.96M39.13M47.29M77.59M81.69M41.64M66.52M257.93M226.84M113.84M65.65M71.56M180.52M309.10M214.31M
Total Debt-1.00M15.21M14.01M13.08M12.32M136.78M135.83M135.69M125.22M125.32M33.41M53.00K-----192.28M-195.00M-66.98M281.53M521.39M578.30M654.08M644.24M487.33M
Net Debt-6.10M-2.70M9.36M699.00K-4.44M-14.84M-12.22M92.69M112.71M73.93M66.27M-13.54M-56.19M-162.88M-115.96M-39.13M-47.29M-77.59M110.58M-41.64M128.48M-257.93M-159.86M167.69M455.73M506.73M473.56M335.14M273.02M

Cash Flow

Currency: USD1998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow7.10M9.10M30.66M26.08M15.94M50.50M25.94M37.99M22.05M-10.31M13.73M11.20M15.71M31.47M31.87M-1.87M14.24M32.21M36.94M59.15M43.32M97.52M115.18M-18.87M-21.25M60.38M138.85M138.85M102.39M
Investing Cash Flow-35.40M-12.70M-45.89M-21.80M19.72M-32.60M-26.48M7.10M-35.39M50.65M-66.95M23.61M-22.68M-80.80M-71.09M-6.72M-5.60M-318.21M-111.09M-200.88M-153.77M-135.49M-274.32M-38.56M-34.29M-13.50M-13.50M-35.72M
Financing Cash Flow19.10M1.40M17.41M3.12M-31.49M-8.04M122.61M-20.27M-6.65M-12.14M703.00K-90.90M-30.59M97.80M1.98M-3.67M742.00K3.90M284.88M11.34M182.94M247.76M-10.93M245.75M65.43M82.68M1.41M1.41M-162.74M
Capital Expenditure6.30M19.40M6.64M7.39M5.79M6.17M5.60M11.41M13.40M8.21M4.63M4.13M7.58M11.20M9.48M3.88M6.70M5.98M7.88M32.84M15.11M26.69M43.29M27.66M38.80M34.29M19.80M19.80M34.30M
Free Cash Flow800.00K-10.30M24.02M18.69M10.16M44.34M20.34M26.58M8.65M-18.53M9.10M7.07M8.12M20.27M22.39M-5.75M7.54M26.22M29.05M26.30M28.21M70.83M71.89M-46.52M-60.05M26.09M119.05M119.05M68.09M
Dividends Paid-----------31.76M452.00K-0005.63M04.97M0133.16M5.32M206.29M253.96M5.49M---
FCF to OCF11.27%-113.19%78.35%71.67%63.71%87.79%78.42%69.97%39.23%179.65%66.30%63.16%51.72%64.42%70.26%307.38%52.95%81.42%78.65%44.47%65.13%72.63%62.41%246.57%282.54%43.21%85.74%85.74%66.50%
Dividend Paid to FCF-----------449.02%5.56%-0.00%0.00%0.00%21.47%0.00%18.90%0.00%188.01%7.40%-443.41%-422.91%21.05%---

Earnings

Report DateApr 21, 1998Aug 14, 1998Oct 19, 1998Jan 19, 1999Apr 20, 1999Jul 29, 1999Oct 20, 1999Jan 20, 2000Apr 19, 2000Aug 2, 2000Oct 18, 2000Jan 17, 2001Apr 18, 2001Jul 30, 2001Oct 17, 2001Jan 16, 2002Apr 17, 2002Aug 5, 2002Oct 15, 2002Jan 16, 2003Apr 17, 2003Jul 31, 2003Oct 16, 2003Jan 15, 2004Apr 15, 2004Aug 2, 2004Oct 14, 2004Jan 20, 2005Apr 21, 2005Jul 28, 2005Oct 20, 2005Jan 26, 2006Apr 27, 2006Jul 27, 2006Oct 26, 2006Jan 25, 2007Apr 26, 2007Jul 26, 2007Oct 24, 2007Jan 23, 2008Apr 23, 2008Jul 30, 2008Oct 22, 2008Jan 27, 2009Apr 28, 2009Aug 4, 2009Oct 27, 2009Jan 26, 2010Apr 27, 2010Aug 3, 2010Oct 26, 2010Jan 25, 2011Apr 26, 2011Aug 2, 2011Oct 25, 2011Jan 24, 2012Apr 24, 2012Jul 31, 2012Oct 23, 2012Jan 29, 2013Apr 30, 2013Aug 6, 2013Oct 29, 2013Jan 28, 2014Apr 29, 2014Aug 5, 2014Oct 28, 2014Jan 27, 2015Apr 28, 2015Aug 4, 2015Oct 27, 2015Jan 26, 2016Apr 26, 2016Aug 2, 2016Oct 25, 2016Jan 23, 2017Apr 25, 2017Aug 1, 2017Oct 24, 2017Jan 23, 2018Apr 24, 2018Jul 31, 2018Oct 30, 2018Jan 29, 2019Apr 30, 2019Jul 30, 2019Oct 29, 2019Jan 28, 2020Apr 28, 2020Aug 4, 2020Nov 3, 2020Feb 2, 2021May 4, 2021Aug 3, 2021Nov 2, 2021Feb 1, 2022May 3, 2022Aug 2, 2022Nov 1, 2022Jan 31, 2023May 2, 2023Aug 15, 2023Nov 7, 2023Feb 6, 2024May 7, 2024Aug 13, 2024Nov 5, 2024Feb 4, 2025May 6, 2025Aug 11, 2025Nov 4, 2025Feb 3, 2026May 5, 2026Aug 18, 2026Nov 3, 2026Nov 10, 2026
EPS Estimate0.100.120.120.130.140.160.280.240.210.220.210.260.320.370.080.150.070.200.180.270.300.180.140.150.290.400.220.270.320.370.210.10-0.160.09-0.13-0.23-0.17-0.03-0.09-0.05-0.01-0.02-0.06-0.010.080.070.06-0.06-0.120.280.060.150.150.140.120.260.110.09-0.24-0.13-0.04-0.09-0.11-0.08-0.12-0.04-0.030.050.120.120.070.140.200.230.210.260.280.290.260.300.350.420.350.420.450.440.410.480.520.570.470.510.620.680.400.420.580.980.210.320.370.590.170.08-0.06-0.04-0.08-0.040.070.220.090.060.070.200.100.30
EPS Actual0.120.130.120.140.160.210.380.260.260.200.310.300.380.370.170.160.120.240.190.290.350.200.150.170.290.440.230.290.340.410.270.18-0.360.18-0.170.01-0.11-0.020.090.040.040.010.070.030.200.140.200.110.160.770.160.220.200.140.090.300.170.14-0.13-0.15-0.02-0.10-0.07-0.030.09-0.180.060.110.140.200.110.150.250.290.220.300.290.320.370.280.300.470.390.470.500.470.440.540.600.720.510.540.640.730.410.390.570.810.240.260.400.11-0.24-0.42-0.260.230.040.070.060.470.260.160.270.18-0.52
Surprise20.00%8.33%0.00%7.69%14.29%31.25%35.71%8.33%23.81%-9.09%47.62%15.38%18.75%0.00%112.50%6.67%71.43%20.00%5.56%7.41%16.67%11.11%7.14%13.33%0.00%10.00%4.55%7.41%6.25%10.81%28.57%80.00%-125.00%100.00%-30.77%104.35%35.29%33.33%200.00%180.00%500.00%150.00%216.67%400.00%150.00%100.00%233.33%283.33%233.33%175.00%166.67%46.67%33.33%0.00%-25.00%15.38%54.55%55.56%45.83%-15.38%50.00%-11.11%36.36%62.50%175.00%-350.00%300.00%120.00%16.67%66.67%57.14%7.14%25.00%26.09%4.76%15.38%3.57%10.34%42.31%-6.67%-14.29%11.90%11.43%11.90%11.11%6.82%7.32%12.50%15.38%26.32%8.51%5.88%3.23%7.35%2.50%-7.14%-1.72%-17.35%14.29%-18.75%8.11%-81.36%-241.18%-625.00%-333.33%675.00%150.00%275.00%-14.29%113.64%188.89%166.67%285.71%-10.00%-74.67%
TimingPre-market-------------After-hoursAfter-hoursAfter-hours-After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap5.09B
Enterprise Value5.12B
Trailing P/E0.00
Forward P/E47.62
PEG Ratio1.06
Price / Sales5.17
Price / Book3.24
EPS-0.50
Book Value25.13
Revenue (TTM)983.62M
Gross Profit (TTM)281.16M
EBITDA80.18M
Profit Margin-3.02%
Operating Margin1.23%
Return on Equity-2.00%
Return on Assets0.20%
Shares Outstanding60.86M
Shares Float55.52M
Beta0.97
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 12 analystsTarget 109.00
  • Strong Buy
    7
  • Buy
    2
  • Hold
    2
  • Strong Sell
    1

Ownership Breakdown

Institutions
111.34%
Insiders
1.17%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    9.37M15.40%
  • Jana Partners Management LP
    3.96M6.50%
  • State Street Corp
    3.42M5.62%
  • Vanguard Portfolio Management, LLC
    3.03M4.98%
  • Amvescap Plc.
    2.67M4.39%
  • Vanguard Capital Management, LLC
    2.42M3.98%
  • FMR Inc
    1.84M3.03%
  • T. Rowe Price Investment Management,Inc.
    1.60M2.62%
  • The Goldman Sachs Group Inc
    1.58M2.59%
  • Conestoga Capital Advisors, LLC
    1.49M2.44%
  • Geode Capital Management, LLC
    1.46M2.40%
  • First Trust Advisors L.P.
    1.30M2.13%
  • T. Rowe Price Associates, Inc.
    1.29M2.11%
  • Dimensional Fund Advisors, Inc.
    1.17M1.93%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.36M5.52%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.73M2.84%
  • iShares Russell 2000 ETF
    1.43M2.35%
  • Stt Strt® SPDR® S&P® Arspc & Dfnc ETF
    1.41M2.31%
  • First Trust RBA Amer Indl RenaisTM ETF
    1.39M2.28%
  • Vanguard Small Cap Index
    1.22M2.00%

Dividends

20151×
0.62Mar 13, 2015