Mercury Systems Inc (MRCY)
Profitability ratios
Return on sales
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 23.45% | 22.63% | 26.78% | 31.18% | 32.52% | 36.51% | 37.84% | 38.82% | 39.97% | 39.84% | 40.29% | 40.86% | 41.69% | 42.56% | 43.57% | 44.44% | 44.80% | 44.97% | 44.35% | 44.04% |
| Operating profit margin | -17.69% | -17.70% | -11.29% | -5.90% | -2.23% | 1.47% | 2.28% | 3.03% | 3.20% | 2.78% | 4.00% | 6.01% | 8.77% | 9.55% | 10.65% | 11.20% | 11.43% | 11.31% | 11.24% | 11.66% |
| Pretax margin | -22.66% | -22.08% | -14.92% | -8.94% | -4.98% | -1.11% | 0.03% | 1.07% | 1.86% | 1.78% | 3.32% | 5.47% | 8.35% | 9.33% | 10.82% | 11.48% | 11.79% | 10.52% | 9.69% | 9.61% |
| Net profit margin | -16.48% | -16.08% | -9.54% | -5.47% | -2.91% | -0.32% | -0.42% | 0.41% | 1.14% | 1.29% | 2.50% | 4.15% | 6.71% | 8.01% | 9.42% | 9.97% | 10.76% | 9.43% | 8.55% | 8.51% |
Mercury Systems Inc's profitability ratios have shown fluctuations over the past few quarters. The gross profit margin has been on a declining trend, starting at 44.04% in December 2019 and dropping to 23.45% by June 2024. This indicates a decrease in the company's ability to control the direct costs of producing goods and services.
The operating profit margin has also been erratic, with negative figures in some periods. While the company managed to achieve positive margins in the recent quarters, the operating profit margin is still relatively low, ranging from -17.70% to 11.66%.
Similarly, the pretax margin and net profit margin have exhibited variability. Both margins have experienced both positive and negative values, reflecting fluctuations in the company's ability to generate profits before and after tax expenses. The net profit margin, for instance, ranged from -16.48% to 10.76% in the past quarters.
Overall, Mercury Systems Inc's profitability ratios show a lack of consistent profitability and efficiency in managing costs, which may raise concerns about the company's financial health and operational performance.
Return on investment
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -6.21% | -6.25% | -4.15% | -2.28% | -0.91% | 0.62% | 0.97% | 1.28% | 1.37% | 1.17% | 1.71% | 2.88% | 4.14% | 4.47% | 4.60% | 5.59% | 5.65% | 4.83% | 5.37% | 5.44% |
| Return on assets (ROA) | -5.79% | -5.68% | -3.50% | -2.11% | -1.18% | -0.13% | -0.18% | 0.17% | 0.49% | 0.54% | 1.07% | 1.99% | 3.17% | 3.75% | 4.07% | 4.98% | 5.32% | 4.02% | 4.09% | 3.97% |
| Return on total capital | -7.47% | -7.29% | -4.86% | -2.57% | -1.13% | 0.44% | 0.76% | 0.99% | 1.22% | 1.39% | 1.78% | 3.61% | 4.65% | 5.82% | 6.44% | 6.80% | 6.86% | 6.06% | 5.67% | 5.64% |
| Return on equity (ROE) | -9.35% | -9.17% | -5.67% | -3.29% | -1.81% | -0.20% | -0.27% | 0.27% | 0.73% | 0.82% | 1.60% | 2.64% | 4.18% | 4.91% | 5.54% | 5.84% | 6.19% | 5.28% | 4.70% | 4.52% |
Mercury Systems Inc's profitability ratios have shown some fluctuations over the past few quarters. The Operating return on assets (Operating ROA) has been on a declining trend, reaching -6.21% as of June 30, 2024, indicating a decrease in the company's ability to generate profits from its assets through its operating activities.
The Return on assets (ROA) has also been decreasing, with a value of -5.79% as of June 30, 2024, reflecting a decline in the company's overall profitability relative to its total assets.
The Return on total capital has followed a similar trend, decreasing to -7.47% as of June 30, 2024, signifying a reduction in the company's ability to generate profits from its total capital base.
Lastly, the Return on equity (ROE) has exhibited a downward trajectory, reaching -9.35% as of June 30, 2024, indicating a decrease in the company's ability to generate profits for its shareholders relative to the equity invested.
Overall, the profitability ratios of Mercury Systems Inc show a declining trend, which may raise concerns about the company's profitability and efficiency in generating returns for its stakeholders.