Mercury Systems (MEX:MRCY) EBIT: MXN257 Mil (TTM As of Mar. 2026)


MEX:MRCY Mercury Systems Inc MEX:MRCY
35 GF Score
Price MXN1,937.83
GF Value MXN791.56
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Mercury Systems EBIT?

Mercury Systems MEX:MRCY 35 EBIT is MXN257 Mil as of Mar. 2026. 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.

Mercury Systems's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN84 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN257 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mercury Systems's annualized ROC % for the quarter that ended in Mar. 2026 was 1.08%. Mercury Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mercury Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.22%.


Mercury Systems  (MEX:MRCY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Mercury Systems's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=384.964 * ( 1 - 0% )/( (35804.245 + 35639.143)/ 2 )
=384.964/35721.694
=1.08 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=45052.134 - 3216.16 - ( 6031.729 - max(0, 6896.957 - 20385.207+6031.729))
=35804.245

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=44744.304 - 3121.911 - ( 5983.25 - max(0, 6320.389 - 20137.675+5983.25))
=35639.143

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Mercury Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=334.976/( ( (2772.716 + max(3104.849, 0)) + (2753.341 + max(3228.646, 0)) )/ 2 )
=334.976/( ( 5877.565 + 5981.987 )/ 2 )
=334.976/5929.776
=5.65 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1905.579 + 6295.603 + 1219.85) - (3216.16 + 2465.304 + 634.719)
=3104.849

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1722.97 + 6522.301 + 1049.377) - (3121.911 + 2277.746 + 666.345)
=3228.646

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Mercury Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=257.464/116368.073
=0.22 %

* 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 EBIT Related Terms


Mercury Systems EBIT Historical Data

* Premium members only.

The historical data trend for Mercury Systems's EBIT 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.

Mercury Systems EBIT Chart

Mercury Systems Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,560.53 486.88 -400.88 -2,826.06 -319.98

Mercury Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial 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 -281.30 505.43 -158.68 -173.04 83.74

MEX:MRCY vs HXL, LUNR, LOAR: EBIT Comparison

For the Aerospace & Defense subindustry, Mercury Systems's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mercury Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mercury Systems's EV-to-EBIT falls into.


MEX:MRCY
35GF Score
Mercury Systems Inc MEX:MRCY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercury Systems EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN257 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN257 Mil mean?
Mercury Systems (MEX:MRCY) has a EBIT of MXN257 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mercury Systems.
Is Mercury Systems' EBIT too high?
Mercury Systems' current EBIT is MXN257 Mil. 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' EBIT compare to HXL and LUNR?
Mercury Systems' EBIT of MXN257 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mercury Systems. Mercury Systems's current EBIT is MXN257 Mil. 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 EBIT is MXN257 Mil. 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For Mercury Systems (MEX:MRCY), the current EBIT is MXN257 Mil 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:

  • EBIT: MXN257 Mil
  • GF Value™: MXN791.56 vs. price of MXN1,937.83 (144.8% above fair value)
  • GF Score™: 35/100 with 4 warning signs

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 Business Description

Other Exchanges MRCY:USAMCY:Germany
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 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

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,937.83
Price
MXN791.56
GF Value