Mercury Systems Inc (MRCY) — Tangible Net Worth Ratio

Latest as of December 2025: 86.8%

Mercury Systems Inc (MRCY) has a Tangible Net Worth Ratio of 86.8% as of December 2025. This metric is calculated by deducting intangible assets ($193.23 Million) from net assets ($1.46 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of Mercury Systems Inc to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

86.8%
Tangible equity / total equity

Net Assets (Equity)

$1.46 Billion
USD

Intangible Assets

$193.23 Million
Goodwill, patents, brand value

Total Assets

$2.50 Billion
USD

Mercury Systems Inc Tangible Net Worth Ratio (1998–2025)

This chart shows how Mercury Systems Inc's Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 86.8%, reflecting net assets of $1.46 Billion with intangible assets of $193.23 Million USD. See operational self-sufficiency of Mercury Systems Inc to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Mercury Systems Inc (1998–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Mercury Systems Inc from 1998 to 2025, covering 28 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Mercury Systems Inc.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 85.7% $1.47 Billion $210.61 Million $2.43 Billion ▲ +2.7 pp
2024 83.0% $1.47 Billion $250.51 Million $2.38 Billion ▲ +2.0 pp
2023 81.0% $1.57 Billion $298.05 Million $2.39 Billion ▲ +3.8 pp
2022 77.1% $1.54 Billion $351.54 Million $2.30 Billion ▼ -2.1 pp
2021 79.3% $1.48 Billion $307.56 Million $1.96 Billion ▼ -5.6 pp
2020 84.9% $1.38 Billion $208.75 Million $1.61 Billion ▲ +1.0 pp
2019 84.0% $1.28 Billion $206.12 Million $1.42 Billion ▲ +7.0 pp
2018 77.0% $771.89 Million $177.90 Million $1.06 Billion ▼ -5.3 pp
2017 82.2% $725.42 Million $129.04 Million $815.75 Million ▲ +6.9 pp
2016 75.3% $473.04 Million $116.67 Million $736.50 Million ▼ -19.5 pp
2015 94.9% $350.14 Million $18.00 Million $389.99 Million ▲ +2.5 pp
2014 92.4% $327.15 Million $25.01 Million $373.71 Million ▲ +3.0 pp
2013 89.4% $328.50 Million $34.87 Million $374.43 Million ▼ -3.1 pp
2012 92.5% $333.10 Million $25.08 Million $385.61 Million ▼ -2.0 pp
2011 94.5% $301.44 Million $16.70 Million $355.56 Million ▼ -4.9 pp
2010 99.4% $179.11 Million $1.14 Million $224.34 Million ▲ +1.4 pp
2009 98.0% $145.04 Million $2.91 Million $219.37 Million ▲ +3.1 pp
2008 94.9% $146.51 Million $7.50 Million $338.55 Million ▲ +3.5 pp
2007 91.4% $168.66 Million $14.53 Million $360.26 Million ▲ +3.3 pp
2006 88.1% $191.99 Million $22.88 Million $386.45 Million ▼ -9.2 pp
2005 97.3% $197.83 Million $5.40 Million $377.13 Million ▲ +16.4 pp
2004 80.9% $180.86 Million $34.54 Million $369.74 Million ▼ -14.8 pp
2003 95.7% $152.66 Million $6.56 Million $190.56 Million ▲ +1.2 pp
2002 94.5% $135.72 Million $7.41 Million $167.11 Million ▼ -5.5 pp
2001 100.0% $147.79 Million $0.00 $183.58 Million ▲ +0.0 pp
2000 100.0% $108.36 Million $0.00 $144.22 Million ▲ +0.0 pp
1999 100.0% $77.40 Million $0.00 $97.50 Million ▲ +0.0 pp
1998 100.0% $61.00 Million $0.00 $73.60 Million
pp = percentage points