Mercury Systems Inc MRCY Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$73.55 up $8.00, 12.20% at close Nov 6
Last close · Previous close $65.55
- Market cap
- $4.42BAt the Nov 6 close
- P/E ratio
- n/mLoss over last 12 months
- Diluted EPS
- −$0.50Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$73.55up $8.00, 12.20%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$65.55Nov 5
- Volume1.01MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume655.06KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $64.37 to $128.45; now $73.55
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
MRCY beat the S&P 500 in 1 of 7 periods.
| Period | MRCY and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | MRCY: down 11.2% S&P 500: down 5.6% | MRCY trailed the S&P 500 by 5.6 percentage points Trailed |
| 3M | MRCY: down 32.4% S&P 500: down 4.1% | MRCY trailed the S&P 500 by 28.3 percentage points Trailed |
| YTD | MRCY: up 0.7% S&P 500: up 8.7% | MRCY trailed the S&P 500 by 8.0 percentage points Trailed |
| 1Y | MRCY: down 2.4% S&P 500: up 10.9% | MRCY trailed the S&P 500 by 13.3 percentage points Trailed |
| Long term | ||
| 3Y | MRCY: up 98.0% S&P 500: up 75.0% +25.6% vs +20.5% a year | MRCY beat the S&P 500 by 23.0 percentage points Beat |
| 5Y | MRCY: up 41.4% S&P 500: up 67.8% +7.2% vs +10.9% a year | MRCY trailed the S&P 500 by 26.4 percentage points Trailed |
| 10Y | MRCY: up 184.3% S&P 500: up 313.1% +11.0% vs +15.2% a year | MRCY trailed the S&P 500 by 128.8 percentage points Trailed |
$10,000 invested in MRCY 10 years ago (Nov 4, 2016) would be worth about $28,431 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
MRCY beat the S&P 500 in 1 of 7 periods.
| Period | MRCY and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | MRCY: down 11.2% S&P 500: down 5.6% | MRCY trailed the S&P 500 by 5.6 percentage points Trailed |
| 3M | MRCY: down 32.4% S&P 500: down 4.3% | MRCY trailed the S&P 500 by 28.1 percentage points Trailed |
| YTD | MRCY: up 0.7% S&P 500: up 7.8% | MRCY trailed the S&P 500 by 7.1 percentage points Trailed |
| 1Y | MRCY: down 2.4% S&P 500: up 9.7% | MRCY trailed the S&P 500 by 12.1 percentage points Trailed |
| Long term | ||
| 3Y | MRCY: up 98.0% S&P 500: up 68.8% +25.6% vs +19.1% a year | MRCY beat the S&P 500 by 29.2 percentage points Beat |
| 5Y | MRCY: up 41.4% S&P 500: up 56.9% +7.2% vs +9.4% a year | MRCY trailed the S&P 500 by 15.5 percentage points Trailed |
| 10Y | MRCY: up 184.3% S&P 500: up 252.6% +11.0% vs +13.4% a year | MRCY trailed the S&P 500 by 68.3 percentage points Trailed |
$10,000 invested in MRCY 10 years ago (Nov 4, 2016) would be worth about $28,431 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$126.21
Closing high on . Now 41.7% below that record.
Split-adjusted daily closes since Jan 30, 1998.
Stock splits
1
2-for-1 on . One share bought before the first split is 2 shares today.
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Jul 3, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
n/mDiluted EPS of −$0.50 over the last 12 months
A P/E ratio isn’t meaningful while earnings over the last 12 months are negative. When MRCY was profitable over the past five years, its P/E ranged from 67.2× to 757.4×, with a median of 261.1×. How to read P/E
Other valuation measures
- 4.5×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 2.9×Book value as of Jul 3, 2026
Price relative to accounting equity (book value) per share on the Jul 3, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 63.9×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 1.54%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $4.69BAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Jul 3, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own MRCY DCF in Excel. Value Mercury Systems with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q4 FY26, the quarter ended Jul 3, 2026. “Last 12 months” means the four quarters from Jun 28, 2025 to Jul 3, 2026, and balance-sheet figures are as of Jul 3, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $983.62Mup 7.9%
- Net income
- −$29.67M
- Diluted EPS
- −$0.50
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q1 FY25 (Sep 27, 2024) | $204.43M | −$17.53M | −$0.30 |
| Q2 FY25 (Dec 27, 2024) | $223.13M | −$17.58M | −$0.30 |
| Q3 FY25 (Mar 28, 2025) | $211.36M | −$19.17M | −$0.33 |
| Q4 FY25 (Jun 27, 2025) | $273.11M | $16.37M | $0.28 |
| Q1 FY26 (Sep 26, 2025) | $225.21M | −$12.52M | −$0.21 |
| Q2 FY26 (Dec 26, 2025) | $232.87M | −$15.10M | −$0.26 |
| Q3 FY26 (Mar 27, 2026) | $235.76M | −$2.86M | −$0.04 |
| Q4 FY26 (Jul 3, 2026) | $289.78M | $798.00K | $0.01 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY22 (Jul 1, 2022) | $988.20M | $11.28M | $0.20 |
| FY23 (Jun 30, 2023) | $973.88M | −$28.34M | −$0.50 |
| FY24 (Jun 28, 2024) | $835.28M | −$137.64M | −$2.38 |
| FY25 (Jun 27, 2025) | $912.02M | −$37.90M | −$0.65 |
| FY26 (Jul 3, 2026) | $983.62M | −$29.67M | −$0.50 |
Margins
- Gross 28.6%
- Operating 0.0%
- Net −3.0%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $68.09MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$102.39MLast 12 months
- Capital spending$34.30MLast 12 months
- 6.9%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $9.58MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$9.58MLast 12 months
14% of free cash flow
Balance sheet
- $214.31MAs of Jul 3, 2026
Cash plus short- and long-term marketable securities on the Jul 3, 2026 balance sheet.
- Total debt$487.72MAs of Jul 3, 2026
- Net debt$273.41MAs of Jul 3, 2026
- 2.96As of Jul 3, 2026
Current assets divided by current liabilities on the Jul 3, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.33As of Jul 3, 2026
Total debt divided by shareholders’ equity on the Jul 3, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 6 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✗Net income was positive: not passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✗Current ratio improved: not passed
- ✗Share count didn’t rise: not passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- −2.0%Last 12 months
Over the last 12 months, Mercury Systems lost money: its net loss was 2.0% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - −1.2%Last 12 months
Over the last 12 months, Mercury Systems’s net loss was 1.2% of its total assets (averaged over the last four quarter-ends).
ROA = Net income (last 12 months) ÷ Average total assets
About Mercury Systems Inc
Mercury Systems is a technology company that delivers commercial innovation to rapidly transform the global aerospace and defense industry. From data to decision, silicon to systems, A&D leaders turn to the products, services, technologies and people that comprise the secure, end-to-end Mercury processing platform—the exponential power that connects customers to what matters most. Innovation That Matters®. By and For People Who Matter.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Headquarters
- Massachusetts, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
MRCY news
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MRCY stock FAQ
What is MRCY stock’s price today?
Mercury Systems (MRCY) traded at $73.55 at the close on , up $8.00 (12.20%) from the previous close of $65.55. Over the past 52 weeks it has traded between $64.37 and $128.45.
If you invested $1,000 in MRCY 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in MRCY on would be worth about $2,843 at the close on , a total return of +184.3%. The same $1,000 would be worth $1,414 if invested five years ago, $976 if invested one year ago, and $5,833 if invested 20 years ago. Past performance doesn’t predict future returns.
What is Mercury Systems’s market cap?
Mercury Systems’s market capitalization is about $4.4 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $73.55 (how market cap works). Mercury Systems reported 60.04M shares outstanding at the end of its latest quarter ().
What is MRCY’s P/E ratio?
MRCY’s P/E ratio isn’t meaningful right now because its earnings over the four quarters to are negative (diluted EPS of −$0.50). When it was profitable over the past five years, its P/E ranged from 67.2 to 757.4.
How much revenue does Mercury Systems make?
Mercury Systems reported $983.6 million of revenue over the four quarters to , up 7.9% from the twelve months before. In its latest quarter (Q4 FY26, ended ) revenue was $289.8 million, up 6.1% from a year earlier.
Is Mercury Systems profitable?
Not over the four quarters to . Mercury Systems reported a net loss of $29.7 million across those four quarters on $983.6 million of revenue. Its operations were still profitable before interest, other items and taxes, with $280.0 thousand of operating income.
What are MRCY’s earnings per share?
MRCY’s diluted earnings per share were −$0.50 over the four quarters to , compared with −$0.65 in the twelve months before. The latest quarter (Q4 FY26) brought $0.01 per share, against $0.28 a year earlier (how EPS works).
Does MRCY pay a dividend?
Mercury Systems hasn’t paid a dividend in the last twelve months.
What is MRCY’s 52-week high and low?
Over the past 52 weeks MRCY has traded as low as $64.37 and as high as $128.45. At $73.55 at the close on , it is 42.7% below that high and 14.3% above the low.
What is MRCY’s all-time high?
MRCY’s highest closing price was $126.21 on , adjusted for stock splits. At $73.55 at the close on , it is 41.7% below that record.
Has MRCY stock ever split?
Yes, once: 2-for-1 on . One share bought before the first split would be 2 shares today.
How has MRCY stock performed?
Including dividends and measured to the close on , MRCY has returned +0.7% so far this year and −2.4% over the past year, and +41.4% over five years (+7.2% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Mercury Systems in?
Mercury Systems is in the Industrials sector and the Aerospace & Defense industry, and is headquartered in Massachusetts, USA.
What exchange does MRCY trade on?
Mercury Systems trades on the Nasdaq under the ticker symbol MRCY. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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