MRCY - Mercury Systems, Inc.
NASDAQ
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Industrials
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Aerospace & Defense
Andover,
United States
Type: Equity
MRCY price evolution
MRCY
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jul 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $168.65 | $89.37 | $71.56 | $64.44 |
| Short term investments | ||||
| Net receivables | $433.74 | $480 | $507.29 | $502.28 |
| Inventory | $354.21 | $362.91 | $337.22 | $342.78 |
| Total current assets | $983.82 | $954.7 | $937.02 | $937.88 |
| Long term investments | ||||
| Property, plant & equipment | $180.02 | $178.05 | $182.57 | $183.44 |
| Goodwill & intangible assets | $1211.4 | $1223.64 | $1236.14 | $1248.74 |
| Total noncurrent assets | $1452.43 | $1446.06 | $1454.35 | $1446 |
| Total investments | ||||
| Total assets | $2436.25 | $2400.76 | $2391.37 | $2383.87 |
| Current liabilities | ||||
| Accounts payable | $88.06 | $95.83 | $103.99 | $111.25 |
| Deferred revenue | $81.04 | $58.12 | $56.56 | $54.7 |
| Short long term debt | ||||
| Total current liabilities | $225.72 | $205.32 | $233.26 | $220.16 |
| Long term debt | $684.75 | $640.67 | $578.3 | $579.6 |
| Total noncurrent liabilities | $706.04 | $654.63 | $591.42 | $602.82 |
| Total debt | $684.75 | $640.67 | $578.3 | $579.6 |
| Total liabilities | $931.76 | $859.95 | $824.68 | $822.97 |
| Shareholders' equity | ||||
| Retained earnings | $275.15 | $320.73 | $357.44 | $365.68 |
| Other shareholder equity | $8.42 | $13.94 | $11.83 | $7.32 |
| Total shareholder equity | $1504.49 | $1540.81 | $1566.68 | $1560.9 |
| (in millions $) | 31 Dec 2023 | 1 Aug 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $71.56 | $65.65 | $113.84 | $226.84 |
| Short term investments | ||||
| Net receivables | $507.29 | $447.85 | $291.73 | $210.73 |
| Inventory | $337.22 | $270.34 | $221.64 | $178.09 |
| Total current assets | $937.02 | $814.33 | $643.1 | $634.77 |
| Long term investments | ||||
| Property, plant & equipment | $182.57 | $193.56 | $194.9 | $148.35 |
| Goodwill & intangible assets | $1236.14 | $1289.42 | $1112.46 | $822.82 |
| Total noncurrent assets | $1454.35 | $1489.16 | $1312.04 | $975.95 |
| Total investments | ||||
| Total assets | $2391.37 | $2303.49 | $1955.14 | $1610.72 |
| Current liabilities | ||||
| Accounts payable | $103.99 | $98.67 | $47.95 | $41.88 |
| Deferred revenue | $56.56 | $15.49 | $38.18 | $18.97 |
| Short long term debt | ||||
| Total current liabilities | $233.26 | $193.93 | $150.82 | $125.92 |
| Long term debt | $578.3 | $451.5 | $271.51 | $66.98 |
| Total noncurrent liabilities | $591.42 | $573.3 | $320.17 | $100.02 |
| Total debt | $578.3 | $521.39 | $271.51 | $66.98 |
| Total liabilities | $824.68 | $766.31 | $470.99 | $225.94 |
| Shareholders' equity | ||||
| Retained earnings | $357.44 | $385.77 | $374.5 | $312.45 |
| Other shareholder equity | $11.83 | $5.53 | -$0.34 | -$2.88 |
| Total shareholder equity | $1566.68 | $1537.18 | $1484.15 | $1384.78 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $197.46 | $180.99 | $253.24 | $263.48 |
| Cost of revenue | $165.94 | $130.46 | $185.85 | $173.19 |
| Gross Profit | $31.52 | $50.53 | $67.38 | $90.29 |
| Operating activities | ||||
| Research & development | $28.48 | $31.87 | $27.61 | $26.52 |
| Selling, general & administrative | $44.47 | $35.79 | $32.01 | $44.63 |
| Total operating expenses | $85.45 | $90.73 | $76.28 | $88.33 |
| Operating income | -$53.93 | -$40.2 | -$8.9 | $1.95 |
| Income from continuing operations | ||||
| EBIT | -$55.05 | -$41.87 | -$7.51 | $1.42 |
| Income tax expense | -$18.14 | -$13.03 | -$6.59 | -$10.45 |
| Interest expense | $8.67 | $7.86 | $7.31 | $6.71 |
| Net income | ||||
| Net income | -$45.58 | -$36.71 | -$8.24 | $5.16 |
| Income (for common shares) | -$45.58 | -$36.71 | -$8.24 | $5.16 |
| (in millions $) | 31 Dec 2023 | 1 Aug 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $973.88 | $988.2 | $924 | $796.61 |
| Cost of revenue | $657.15 | $538.81 | $439.77 | |
| Gross Profit | $316.73 | $394.96 | $385.19 | $356.84 |
| Operating activities | ||||
| Research & development | $108.8 | $113.48 | $98.48 | |
| Selling, general & administrative | $160.64 | $134.34 | $132.25 | |
| Total operating expenses | $338.41 | $324.48 | $304.19 | $265.78 |
| Operating income | -$21.68 | $81 | $91.06 | |
| Income from continuing operations | ||||
| EBIT | -$23.38 | $78.39 | $94.94 | |
| Income tax expense | -$20.21 | $7.12 | $15.13 | $8.22 |
| Interest expense | $25.16 | -$5.66 | $1.22 | $1.01 |
| Net income | ||||
| Net income | -$28.34 | $11.28 | $62.04 | $85.71 |
| Income (for common shares) | -$28.34 | $62.04 | $85.71 | |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$45.58 | -$36.71 | -$8.24 | $5.16 |
| Operating activities | ||||
| Depreciation | $22.19 | $22.69 | $22.5 | $23.89 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $10.2 | $8.96 | $6.26 | $13.23 |
| Total cash flows from operations | $45.49 | -$39.07 | $12.61 | -$3.22 |
| Investing activities | ||||
| Capital expenditures | -$7.99 | -$8.02 | -$8.85 | -$9.45 |
| Investments | ||||
| Total cash flows from investing | -$7.99 | -$8.02 | -$8.76 | -$9.4 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $3.15 | $3.1 | ||
| Net borrowings | $40 | $65 | ||
| Total cash flows from financing | $41.22 | $65 | $3.1 | |
| Effect of exchange rate | $0.56 | -$0.11 | $0.17 | $0.11 |
| Change in cash and equivalents | $79.28 | $17.81 | $7.12 | -$12.5 |
| (in millions $) | 31 Dec 2023 | 1 Aug 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$28.34 | $62.04 | $85.71 | |
| Operating activities | ||||
| Depreciation | $97.33 | $67.08 | $49.33 | |
| Business acquisitions & disposals | -$372.83 | -$96.5 | ||
| Stock-based compensation | $43.42 | $28.29 | $26.54 | |
| Total cash flows from operations | -$21.25 | $97.25 | $115.18 | |
| Investing activities | ||||
| Capital expenditures | -$38.8 | -$45.6 | -$43.29 | |
| Investments | $1.54 | $4.31 | ||
| Total cash flows from investing | -$38.56 | -$274.32 | -$416.89 | -$135.49 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $5.43 | $6.23 | -$10.93 | |
| Net borrowings | $60 | $200 | ||
| Total cash flows from financing | $65.43 | $245.75 | $206.23 | -$10.93 |
| Effect of exchange rate | $0.29 | -$0.75 | $0.41 | $0.14 |
| Change in cash and equivalents | $5.91 | -$48.18 | -$113 | -$31.09 |
News
Fundamentals
| Market cap | $1.64B |
|---|---|
| Enterprise value | $2.16B |
| Shares outstanding | 57.56M |
| Revenue | $895.17M |
|---|---|
| EBITDA | -$11.73M |
| EBIT | -$103.01M |
| Net Income | -$85.37M |
| Revenue Q/Q | -13.99% |
| Revenue Y/Y | N/A |
| P/E ratio | -19.20 |
|---|---|
| EV/Sales | 2.41 |
| EV/EBITDA | -183.73 |
| EV/EBIT | -20.92 |
| P/S ratio | 1.83 |
| P/B ratio | 1.10 |
| Book/Share | 25.99 |
| Cash/Share | 2.93 |
| EPS | -$1.48 |
|---|---|
| ROA | -3.55% |
| ROE | -5.53% |
| Debt/Equity | 0.53 |
|---|---|
| Net debt/EBITDA | -65.05 |
| Current ratio | 4.36 |
| Quick ratio | 2.79 |