Mercury Systems Inc (MRCY)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 912,020 | 887,477 | 884,377 | 858,715 | 835,275 | 839,948 | 895,169 | 927,294 | 973,882 | 1,010,375 | 999,971 | 990,763 | 988,197 | 949,310 | 953,092 | 943,388 | 923,996 | 890,531 | 841,690 | 824,927 |
| Total assets | US$ in thousands | 2,434,760 | 2,414,420 | 2,401,460 | 2,368,980 | 2,607,020 | 2,378,180 | 2,436,250 | 2,400,760 | 2,391,370 | 2,383,870 | 2,347,950 | 2,349,040 | 2,303,500 | 2,259,840 | 2,230,770 | 1,965,090 | 1,955,140 | 1,903,320 | 1,949,170 | 1,653,180 |
| Total asset turnover | 0.37 | 0.37 | 0.37 | 0.36 | 0.32 | 0.35 | 0.37 | 0.39 | 0.41 | 0.42 | 0.43 | 0.42 | 0.43 | 0.42 | 0.43 | 0.48 | 0.47 | 0.47 | 0.43 | 0.50 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $912,020K ÷ $2,434,760K
= 0.37
The total asset turnover ratio for Mercury Systems Inc. demonstrates a consistent downward trend from September 30, 2020, through June 30, 2025. Starting at 0.50 in September 2020, the ratio gradually declined over the subsequent periods, reaching approximately 0.37 by December 2024. Notably, there are slight fluctuations within this period, with occasional minor increases, such as from 0.37 in December 2024 to 0.37 in March 2025 and June 2025. Overall, the data indicates a reduction in asset efficiency, suggesting that the company's ability to generate revenue from its asset base has diminished over time. The declining trend may reflect changes in operational efficiency, asset utilization, or shifts in sales strategies, although further contextual analysis would be necessary to ascertain underlying causes.
Peer comparison
Jun 30, 2025