Mercury Systems Inc (MRCY) — Cash Flow Quality Index

Latest as of June 2025: 2.33x

Mercury Systems Inc (MRCY) has a Cash Flow Quality Index of 2.33x as of June 2025. Operating cash flow of $38.08 Million exceeds net income of $16.37 Million, indicating high earnings quality where cash backs reported profits. Explore Mercury Systems Inc (MRCY) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.33x
Operating CF / Net Income

Operating Cash Flow

$38.08 Million
USD

Net Income

$16.37 Million
USD

Data as of

Jun 2025
Most recent filing

Mercury Systems Inc Cash Flow Quality Index (1998–2021)

Historical Cash Flow Quality Index for Mercury Systems Inc across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Mercury Systems Inc.

Annual Cash Flow Quality Index for Mercury Systems Inc (1998–2021)

Year-by-year earnings quality comparison for Mercury Systems Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2021 -1.67x $-18.87 Million $11.28 Million ▼ -224.5%
2020 1.34x $115.18 Million $85.71 Million ▼ -35.5%
2019 2.08x $97.52 Million $46.77 Million ▲ +96.7%
2018 1.06x $43.32 Million $40.88 Million ▼ -55.4%
2017 2.38x $59.15 Million $24.88 Million ▲ +27.1%
2016 1.87x $36.94 Million $19.74 Million ▼ -39.8%
2015 3.11x $32.21 Million $10.37 Million ▲ +120.5%
2012 1.41x $31.87 Million $22.62 Million ▼ -17.4%
2011 1.71x $31.47 Million $18.44 Million ▲ +208.1%
2010 0.55x $15.71 Million $28.36 Million ▼ -56.0%
2005 1.26x $37.99 Million $30.19 Million ▲ +11.0%
2004 1.13x $25.94 Million $22.89 Million ▼ -49.1%
2003 2.23x $50.50 Million $22.68 Million ▲ +121.1%
2002 1.01x $15.94 Million $15.83 Million ▲ +18.5%
2001 0.85x $26.08 Million $30.68 Million ▼ -31.0%
2000 1.23x $30.66 Million $24.90 Million ▲ +82.7%
1999 0.67x $9.10 Million $13.50 Million ▼ -17.4%
1998 0.82x $7.10 Million $8.70 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.