Mercury SystemsMEX:MRCY 35 Current Ratio is 3.19 as of Mar. 2026, which is 24% below its 10-year median of 4.17. GuruFocus rates MEX:MRCY with a GF Score™ of 35/100 and a GF Value™ of MXN791.56 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 357 Aerospace & Defense companies, Mercury Systems ranks better than 73.95% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mercury Systems's current ratio for the quarter that ended in Mar. 2026 was 3.19.
Mercury Systems has a current ratio of 3.19. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Mercury Systems's Current Ratio or its related term are showing as below:
MEX:MRCY'
s Current Ratio Range Over the Past 10 Years
Min: 2.96 Med: 4.17 Max: 6.52
Current: 3.19
During the past 13 years, Mercury Systems's highest Current Ratio was 6.52. The lowest was 2.96. And the median was 4.17.
MEX:MRCY's Current Ratio is ranked better than 73.95% of 357
companies
in the Aerospace & Defense industry
Industry Median: 1.93
vs MEX:MRCY: 3.19
Mercury Systems (MEX:MRCY) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Mercury Systems Current Ratio Related Terms
Mercury Systems Current Ratio Historical Data
* Premium members only.
The historical data trend for Mercury Systems's Current Ratio 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.
MEX:MRCY vs HXL, LUNR, LOAR: Current Ratio Comparison
For the Aerospace & Defense subindustry, Mercury Systems's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Mercury Systems's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mercury Systems's Current Ratio falls into.
* 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.
Mercury Systems (MEX:MRCY) has a Current Ratio of 3.19 as of Mar. 2026. This is 24% below median its historical median of 4.17. Over the past decade, Mercury Systems' Current Ratio has ranged from 2.96 to 6.52. According to the industry distribution chart, Mercury Systems ranks #93 out of 357 companies in the Aerospace & Defense industry, placing it in the top 26.1%.
Is Mercury Systems' Current Ratio too high?
Mercury Systems' current Current Ratio of 3.19 is 24% below median its 10-year median of 4.17. Over the past 10 years, this metric has ranged from a low of 2.96 to a high of 6.52. The Aerospace & Defense industry median Current Ratio is 1.93. Mercury Systems' value of 3.19 is 65.3% above this industry median. Based on the distribution chart, Mercury Systems ranks #93 out of 357 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Mercury Systems has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercury Systems' Current Ratio compare to HXL and LUNR?
According to the Aerospace & Defense industry distribution chart, Mercury Systems ranks #93 out of 357 companies for Current Ratio. This puts Mercury Systems in the upper half of its industry. The industry median Current Ratio is 1.93. Mercury Systems' value of 3.19 is 65.3% above this benchmark. Historically, Mercury Systems' own Current Ratio has ranged from 2.96 to 6.52 over the past decade. While the company's 10-year median is 4.17 vs. the industry median of 1.93, Mercury Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Aerospace & Defense company?
The median Current Ratio among Aerospace & Defense companies is 1.93, based on 357 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercury Systems's current Current Ratio of 3.19 is 65.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median Current Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury Systems's current Current Ratio is 3.19, which is 24% below median its own 10-year median of 4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury Systems stock overvalued right now?
Based on GuruFocus' analysis, Mercury Systems (MEX:MRCY) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN791.56, compared to a current price of MXN1,937.83 — trading 144.8% above its estimated fair value. The current Current Ratio is 3.19, which is 24% below median its 10-year median of 4.17 and 65.3% above the Aerospace & Defense industry median of 1.93. Mercury Systems' overall GF Score™ is 35/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mercury Systems (MEX:MRCY), the current Current Ratio is 3.19 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mercury Systems (MEX:MRCY) Overvalued in 2026?
Based on GuruFocus' analysis, Mercury Systems stock appears to be overvalued.
The current stock price of MXN1,937.83 is trading 144.8% above its estimated GF Value™ of MXN791.56.
GuruFocus considers Mercury Systems to be Significantly Overvalued.
Key valuation signals for MEX:MRCY:
Current Ratio: 3.19 (24% below median its 10-year median of 4.17)
GF Value™: MXN791.56 vs. price of MXN1,937.83 (144.8% above fair value)
Industry Position: 65.3% above the Aerospace & Defense median (#93 of 357)
No single metric tells the full story. See the MEX:MRCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.
35GF Score
Get the complete analysis for MEX:MRCY
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:MRCY has been successfully added to your 
