Melrose Industries PLC MRO

Stock XLON Rating as of Oct 15, 2026

GBX485.00 +7.30 (1.53%)

As of Oct 16, 2026, 3:38:23 PM Delayed Price Closed

Company Report

Garden Grove Obscures Melrose's First Half, but Long-Term Cash Inflection Intact

Loredana Muharremi Aug 7, 2026

Melrose Industries, through GKN Aerospace, is a leading Tier 1 supplier of engine and airframe components and systems. More than 70% of airframes content is provided on a sole-source basis. The engines business has positions across 90% of the world’s major aircraft and 19 risk- and revenue-sharing partnerships, or RRSPs, providing aftermarket entitlement on around 70% of global flying hours. Customers include Pratt & Whitney, GE Aerospace, Safran, and Rolls-Royce.

Read Analysis

Price vs Fair Value

View History

MRO is trading at a LOCK|fY&$<J premium.

Price

GBX477.70

Oct 15, 2026

Fair Value

pRT

Mar 14, 2025

Uncertainty

LOCK|$lYM

1-Star Price: LOCK|&k#
5-Star Price: LOCK|vT
Economic Moat: LOCK|kF
Capital Allocation: LOCK|<CMg?P

Bulls Say, Bears Say

Bulls

Supplying 90% of the in-service global engines fleet with a strong focus on narrow-body aircraft, GKN is well positioned to capitalize on long-term structural industry growth.

Bears

Further technical issues from in-service GTF engines could hit margins and the ramp-up of production.

Trading Information

Previous Close Price: GBX477.70
Day Range: GBX481.40–490.60
52-Week Range: GBX409.90–685.00
Bid/Ask: GBX461.00 / GBX495.00
Shares Outstanding: 1.25B
Market Cap: GBX604.36B
Volume/Avg: 3M / 4M

Key Statistics

Price/Earnings (Normalized): 19.72
Price/Sales: 1.57
Dividend Yield (Trailing): 1.55%
Dividend Yield (Forward): 1.55%
Dividend Payment Schedule: May, Sep
Total Yield: 4.39%

Company Profile

Melrose Industries is a UK-based company that manufactures engine and airframe components and systems for all major OEMs across civil and defense markets. The company employs 13,156 permanent employees and generates approximately 75% of its revenue from the civil market. In the civil market, the company has content on around 90% of the world’s major aircraft and is the only development partner participating in both Pratt & Whitney’s next-generation GTF and CFM International’s Rise demonstrator programs for narrow-body aircraft.

Sector: Industrials
Industry: Specialty Industrial Machinery
Stock Style Box: Mid Growth
Total Number of Employees: 13,156
Website: https://www.melroseplc.net

Competitors

Valuation

Metric	MRO	MTX	SAF
Price/Earnings (Normalized)	19.72	20.24	30.98
Price/Book Value	2.03	4.14	8.94
Price/Sales	1.57	2.07	3.88
Price/Cash Flow	9.43	10.52	24.44

Price/Earnings

MRO

MTX

SAF

Financial Strength

Metric	MRO	MTX	SAF
Quick Ratio	0.70	1.04	0.58
Current Ratio	1.07	1.42	0.92
Interest Coverage	2.38	10.95	39.36

Quick Ratio

MRO

MTX

SAF

Profitability

Metric	MRO	MTX	SAF
Return on Assets (Normalized)	5.75%	7.85%	5.72%
Return on Equity (Normalized)	15.39%	23.41%	24.74%
Return on Invested Capital (Normalized)	11.63%	16.71%	17.38%

Return on Assets

MRO

MTX

SAF

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