Mercury Systems Inc (MRCY)
Fixed asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 912,020 | 835,275 | 973,882 | 988,197 | 923,996 |
| Property, plant and equipment | US$ in thousands | — | — | 119,554 | 193,557 | 194,897 |
| Fixed asset turnover | — | — | 8.15 | 5.11 | 4.74 |
June 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $912,020K ÷ $—K
= —
The fixed asset turnover ratio for Mercury Systems Inc. demonstrates a notable upward trend over the period analyzed. As of June 30, 2021, the ratio stood at 4.74, indicating that the company generated approximately $4.74 in sales for every dollar invested in fixed assets. By June 30, 2022, this ratio increased modestly to 5.11, reflecting an improvement in the efficiency with which the company utilizes its fixed assets to generate sales.
The most significant change is observed from June 30, 2022, to June 30, 2023, where the fixed asset turnover rose sharply to 8.15. This substantial increase suggests that Mercury Systems Inc. considerably enhanced its utilization of fixed assets, either through increased sales activity without a proportional increase in fixed assets or through efficiency improvements such as better asset management, modernization, or operational streamlining.
The absence of data for June 30, 2024, and June 30, 2025, precludes further analysis of the trend beyond 2023. Nonetheless, the progression from 2021 to 2023 indicates a positive trajectory in asset efficiency, which could imply strategic improvements in asset management or rising sales productivity relative to fixed assets. This trend may be viewed favorably in assessing the company's operational effectiveness and capital utilization efficiency during the period under review.
Peer comparison
Jun 30, 2025