GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mercury Systems Inc (NAS:MRCY) » Definitions » Gross Profit

Mercury Systems (Mercury Systems) Gross Profit

: $239.7 Mil (TTM As of Dec. 2023)
View and export this data going back to 1998. Start your Free Trial

Mercury Systems's gross profit for the three months ended in Dec. 2023 was $31.5 Mil. Mercury Systems's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $239.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mercury Systems's gross profit for the three months ended in Dec. 2023 was $31.5 Mil. Mercury Systems's Revenue for the three months ended in Dec. 2023 was $197.5 Mil. Therefore, Mercury Systems's Gross Margin % for the quarter that ended in Dec. 2023 was 15.96%.

Mercury Systems had a gross margin of 15.96% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Mercury Systems was 48.63%. The lowest was 26.78%. And the median was 45.10%.

Warning Sign:

Mercury Systems Inc gross margin has been in long-term decline. The average rate of decline per year is -5.7%.


Mercury Systems Gross Profit Historical Data

The historical data trend for Mercury Systems's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mercury Systems Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 286.16 356.84 385.19 394.96 316.73

Mercury Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.96 90.29 67.38 50.53 31.52

Competitive Comparison

For the Aerospace & Defense subindustry, Mercury Systems's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercury Systems Gross Profit Distribution

For the Aerospace & Defense industry and Industrials sector, Mercury Systems's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mercury Systems's Gross Profit falls into.



Mercury Systems Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Mercury Systems's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=973.882 - 657.154
=316.7

Mercury Systems's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=197.463 - 165.943
=31.5

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $239.7 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Mercury Systems's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=31.5 / 197.463
=15.96 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Mercury Systems  (NAS:MRCY) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Mercury Systems had a gross margin of 15.96% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Mercury Systems Gross Profit Related Terms

Thank you for viewing the detailed overview of Mercury Systems's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercury Systems (Mercury Systems) Business Description

Traded in Other Exchanges
Address
50 Minuteman Road, Andover, MA, USA, 01810
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates and delivers secure open architecture solutions powering a broad range of mission-critical applications in the challenging and demanding environments. Inspired by its purpose of delivering Innovation that Matters, By and For People Who Matter, Mercury helps make the world a safer, more secure place for all.
Executives
Michelle M Mccarthy officer: SVP, CAO 50 MINUTEMAN ROAD, ANDOVER MA 01810
Wells Charles Roger Iv officer: EVP President Microelectronics 5255 GROVEMONT DRIVE, ELKRIDGE MD 21075
Orlando D Carvalho director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Debora A Plunkett director 6501 LEGACY DRIVE, PLANO TX 75024
Barry R Nearhos director C/O VIRTUSA CORPORATION, 200 WEST PARK DRIVE, WESTBOROUGH MA 01581
Lisa S Disbrow director 50 MINUTEMAN ROAD, ANDOVER MA 01810
Allen Couture officer: EVP, Execution Excellence C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
James Mitch Stevison officer: EVP, President Mission Systems 103 SANSBERRY LANE, MADISON AL 35376
Steven Ratner officer: EVP, CHRO C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
Stephanie Georges officer: EVP, CCO 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Christopher C Cambria officer: EVP, Gen Counsel & Secretary C/O GENCORP INC., P.O. BOX 537012, SACRAMENTO CA 95853-7012
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Howard L Lance director C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
William L Ballhaus director, officer: President & CEO 3190 FAIRVIEW PARK DRIVE, SUITE 700, FALLS CHURCH VA 22042
Roger A Krone director

Mercury Systems (Mercury Systems) Headlines

From GuruFocus