Mercury Systems Inc (MRCY)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 195,901 | 316,728 | 394,956 | 385,188 | 356,844 |
| Revenue | US$ in thousands | 835,275 | 973,882 | 988,197 | 923,996 | 796,610 |
| Gross profit margin | 23.45% | 32.52% | 39.97% | 41.69% | 44.80% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $195,901K ÷ $835,275K
= 23.45%
Mercury Systems Inc's gross profit margin has displayed a declining trend over the past five years, dropping from 44.80% in 2020 to 23.45% in 2024. This indicates that the company's profitability from sales revenue has decreased significantly. The decreasing trend may suggest challenges in managing production costs, pricing strategies, or competitive pressures impacting the company's ability to generate profits from its core operations. It is essential for Mercury Systems Inc to closely monitor and address the factors contributing to this decline to improve its overall financial performance and ensure sustainable profitability in the future.
Peer comparison
Jun 30, 2024