Melrose Industries PLC

Melrose Industries PLC

5.87
EUR
-0.10
(-1.74%)
Mar 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.35
1.38
1.12
1.98
3.63
6.86
7.53
4.89
4.25
2.1
2.48
2.65
2.82
- -
Basic EPS, GAAP
2.44
0.82
6.03
-0.09
-0.04
-0.4
-0.04
-0.37
0.53
-0.22
-0.76
-0.04
0.29
- -
Free Cash Flow per Basic Share
0.41
0.37
0.06
0.07
-0.03
0.01
0.16
0.33
0.02
0.09
-0.06
-0.19
0.09
- -
Dividend per Share
0.42
0.36
0.35
0.01
0.11
0.11
0.16
- -
0.04
0.05
0.06
0.06
0.06
- -
Book Value per Share
9.46
6.8
12.32
3.82
3.24
5.65
5.16
4.86
5.15
5.35
2.68
2.21
2.25
2.25
Tangible Book Value per Share
-1.84
-3.59
11.14
-0.79
-0.61
-1.96
-1.55
-1.45
0.08
0.21
0.16
-0.19
0.11
0.11
Basic Weighted Avg Shares
231
235
233
450
576
1,188
1,457
1,457
1,565
1,406
1,349
1,307
1,272
1,269
Sales/Revenue/Turnover
1,466
324
261
889
2,092
8,152
10,967
7,132
6,650
2,954
3,350
3,468
3,589
- -
Operating Margin (%)
12.28
11.07
1.72
-7.03
-0.33
-5.16
2.55
-7.28
-7.98
-9.14
1.7
-0.12
16.72
- -
Depreciation Expense
33
7
8
18
35
273
498
442
857
405
402
397
390
- -
Net Income, GAAP
563
194
1,407
-39
-24
-475
-60
-536
833
-308
-1,019
-49
370
- -
Effective Tax Rate (%)
28.89
34.4
- -
- -
- -
- -
48.11
- -
- -
- -
- -
- -
20.94
- -
Profit Margin (%)
38.37
59.79
538.91
-4.39
-1.15
-5.83
-0.55
-7.52
12.53
-10.43
-30.42
-1.41
10.31
- -
Working Capital
208
46
2,488
124
167
624
432
-198
-540
-104
-217
-171
-28
-28
LT Debt
341
571
- -
583
588
3,430
3,975
3,400
1,222
1,739
728
1,605
1,812
1,812
Total Equity
2,188
1,574
2,845
2,163
1,885
8,261
7,551
7,110
7,540
7,168
3,567
2,844
2,827
2,827
Return on Invested Capital (%)
4.96
1.02
- -
- -
- -
- -
1.36
- -
- -
- -
- -
- -
10.15
- -
Return on Capital (%)
22.39
9.24
- -
- -
- -
- -
0.34
- -
- -
- -
- -
- -
10.19
- -
Return on Common Equity (%)
28.7
10.32
63.72
-1.56
-1.19
-9.39
-0.76
-7.34
11.42
-4.21
-19.05
-1.53
13.05
- -

Capital Structure

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
41
86
91
LT Borrowings
1,401
1,475
1,513
LT Finance Leases
204
236
299
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,286
1,272
1,258
Market Capitalization
- -
- -
- -

Working Capital

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,580
1,799
1,709
Cash, Cash Equivalents & STI
88
124
166
Accounts Receivable, Net
400
1,047
478
Inventories
528
585
542
Total Current Liabilities
1,751
1,711
1,737
Payables & Accruals
- -
- -
- -
ST Debt
41
86
91
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.7%
-14%
-0.6%
Free Cash Flow
232.63%
37.54%
-148.77%
Net Income, GAAP
133.21%
-222.37%
-855.1%
Sales/Revenue/Turnover
62.31%
-8.38%
3.49%
Total Cash Common Dividend
- -
- -
13.89%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3,350
2024
- -
- -
3,468
2025
- -
- -
3,589

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.76
2024
- -
- -
-0.04
2025
- -
- -
0.29

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.06
2024
- -
- -
0.06
2025
- -
- -
0.06

Company Description

CEO
Peter Dilnot
Full Time Employees
13,844
Sector
Electronic technology
Industry
Aerospace & defense
Address
Stratton House London GL United Kingdom W1J 8LA
IPO Date
Nov 19, 2015
Business
Melrose Industries PLC Melrose Industries PLC is a United Kingdom-based pure-play aerospace company that designs, manufactures, and supplies advanced components and systems to major original equipment manufacturers across civil and defense markets. Founded in 2003 and headquartered in London with its registered office in Birmingham, the company operates through two primary divisions: Engines, which serves as a global tier one supplier of structural engineered components, parts repair, and commercial and aftermarket contracts including shafts, cases, and additive fabrication components for leading programs like LEAP-1A, GTF, and RISE; and Structures, which provides lightweight composite and metallic airframes, electrical distribution systems, landing gear, transparencies, and aftermarket services, encompassing businesses such as GKN Aerospace for tier one airframe and engine structures. Melrose targets aerospace OEMs including Airbus, Boeing, Lockheed Martin, Safran, Pratt & Whitney, and GE Aerospace, with global operations spanning Europe, North America, and Asia. The company maintains strategic risk and revenue sharing partnerships on key aircraft and engine platforms, delivering design-led solutions embedded for the life of programs, while focusing on proprietary technologies like additive manufacturing and electrical systems for both current and next-generation platforms. In recent developments, Melrose secured a decade-long original equipment production contract with Safran for LEAP-1A shafts from Norway, new agreements with Lockheed Martin to double F-35 canopy production capacity by 2027 largely funded by the customer, and a multi-year renewal with Airbus for the A220 electrical wiring package; it also concluded the sale of its Orangeburg and St. Louis operations to Boeing and divested the non-core Fuel Systems business earlier in the year. The company launched new five-year growth targets emphasizing organic expansion from established platforms, additive fabrication investments up to £300 million targeting over £50 million incremental annual profit by decade-end, and participation in future technologies including fighter propulsion with the Swedish Defence Materiel Administration, Sustainable Wings with Airbus, and eVTOL developments, alongside confirming strong 2024 performance and 2025 guidance with an increased interim dividend. In the first half of 2025, Engines revenue grew 11% with margins expanding 400 basis points, underscoring progress in its transformation to a leaner, technology-focused operation.

Company News

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  • BofA backs Melrose Industries with shares near year low

  • Melrose Industries: The Market Is Pricing In An Aerospace Growth Failure

  • Explosion fears at Melrose's GKN Aerospace plant trigger evacuation of 50,000 California residents

  • Explosion fears at Melrose's GKN Aerospace plant trigger evacuation of 50,000 California residents

  • Melrose Industries PLC (MLSPF) Q4 2025 Earnings Call Transcript

  • Melrose Industries Sell-Off Looks Overdone After Strong Results

  • Melrose shares drop 12% as guidance disappoints despite strong cash flow beat

  • Melrose shares drop 12% as guidance disappoints despite strong cash flow beat

  • Melrose shares slide 13% despite strong 2025 results and dividend boost

  • Melrose shares tumble 13% despite strong 2025 results and dividend boost