Mercury Systems Inc (MRCY)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -137,640 | -28,335 | 11,275 | 62,044 | 85,712 |
| Revenue | US$ in thousands | 835,275 | 973,882 | 988,197 | 923,996 | 796,610 |
| Net profit margin | -16.48% | -2.91% | 1.14% | 6.71% | 10.76% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-137,640K ÷ $835,275K
= -16.48%
Mercury Systems Inc's net profit margin has exhibited a declining trend over the five-year period from June 30, 2020, to June 30, 2024. The net profit margin decreased from 10.76% in 2020 to -16.48% in 2024, indicating a significant deterioration in profitability. This substantial decline suggests that the company's profitability has been adversely impacted over the years. The negative net profit margin in 2024 indicates that the company's expenses exceeded its revenue, resulting in a loss for the period. This trend raises concerns about the company's ability to generate sustainable profits and manage its costs effectively. Further analysis of the company's financial performance and operational strategies may be necessary to address these declining profitability concerns.
Peer comparison
Jun 30, 2024