Mercury Systems Inc (MRCY)

Total 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
Total assets US$ in thousands -10,517 2,378,900 2,391,370 2,303,500 1,955,140
Total asset turnover 0.35 0.41 0.43 0.47

June 30, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $912,020K ÷ $-10,517K
= —

The total asset turnover ratio of Mercury Systems Inc. has demonstrated a consistent declining trend over the analyzed period from June 30, 2021, to June 30, 2024. Specifically, the ratio decreased from 0.47 in 2021 to 0.43 in 2022, indicating a slight reduction in the efficiency with which the company's assets are generating sales. This downward trajectory continued into 2023, with the ratio declining further to 0.41. By June 30, 2024, the ratio had decreased to 0.35, reflecting a more significant decline in asset utilization efficiency over the three-year span. The data for June 30, 2025, is not available or not reported, suggesting either a lack of data or an omission. Overall, the trend suggests a gradual erosion of the company's asset productivity, which could warrant further analysis to identify underlying causes such as changes in operational efficiency, market conditions, or strategic shifts affecting asset utilization.


Peer comparison

Jun 30, 2025

Company name
Symbol
Total asset turnover
Mercury Systems Inc
MRCY
Hubbell Inc
HUBB
0.84
Universal Display
OLED
0.35
Vishay Intertechnology Inc
VSH
0.71