# Mercury Systems Inc (MRCY) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Industrials / Aerospace & Defense. Price $82.42, market value $5.0 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Mercury Systems Inc reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 1.60**. A PEG of 1.60 is in the range usually read as fairly priced for its growth.
- **Price / sales: 5.0×**. Each dollar of revenue is priced at 5.0×.
- **Price / book: 3.3×**. The shares trade at 3.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 67.6×**. Enterprise value is 67.6× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 1.4%** (5-yr avg 0.4%). Free cash flow equals 1.4% of the market value, above its five-year average of 0.4%, so the shares are cheaper on cash than they have usually been.

## Profitability
- **Gross margin: 28.6%**. Mercury Systems Inc keeps 28.6% of revenue after the direct cost of what it sells.
- **Operating margin: 0.0%**. 0.0% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: -3.0%**. The company reported a net loss over the last twelve months.
- **Return on equity: -2.0%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 0.0%**. Return on all capital, debt included, is 0.0%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -1.3%**. Each dollar of assets produces -1.3% of profit.

## Growth
- **Revenue growth (1 yr): 7.9%** (3-yr 0.3%/yr, 5-yr 1.3%/yr). Revenue grew 7.9% over the last year, against 1.3% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 23.1%**. Earnings per share rose 23.1%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.13**. Debt is 0.13 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Mercury Systems Inc holds more cash than debt.
- **Current ratio: 2.96** (quick 2.96). Current assets cover the next year's liabilities 2.96 times.
- **Altman Z-score: 5.26**. A Z-score of 5.26 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Mercury Systems Inc does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (9 analysts). 9 analysts cover Mercury Systems Inc; the consensus is buy, with an average price target of $115.78 (+40% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 21.4%** (YTD 12.9%, 3-mo -25.9%). The shares are up 21.4% over twelve months including dividends.
- **From 52-week high: -35.8%** (26.7% above the low). Trading 36% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 33**. An RSI of 33 is neutral.
- **Beta (1 yr): 2.45** (volatility 58%). Beta of 2.45 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MRCY · Page: https://foliofundamentals.com/stocks/mrcy

Not investment advice.