MRCY vs. VRNA

Last updated Jun 24, 2026

MRCY (Mercury Systems, Inc.) and VRNA (Verona Pharma plc) are both stocks. MRCY operates in Aerospace & Defense (Industrials), while VRNA operates in Biotechnology (Healthcare). At a 0.14 correlation, their price movements are largely independent.

Performance

MRCY vs. VRNA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mercury Systems, Inc. (MRCY) and Verona Pharma plc (VRNA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MRCY

• 1D: -0.80%
• 1M: 12.50%
• YTD: 51.86%
• 6M: 47.69%
• 1Y: 113.91%
• 3Y*: 47.05%
• 5Y*: 10.77%
• 10Y*: 16.46%

VRNA

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MRCY vs. VRNA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MRCY Mercury Systems, Inc.	51.86%	73.83%	14.85%	-18.26%	-18.74%	-37.47%	27.42%	46.14%	-7.91%	37.23%
VRNA Verona Pharma plc	0.00%	130.21%	133.60%	-23.92%	288.84%	-4.00%	21.74%	-40.41%	-18.71%	-12.07%

Correlation

The correlation between MRCY and VRNA is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (All Time) Calculated using the full available price history since Apr 27, 2017	0.14

The correlation between MRCY and VRNA shifts across timeframes, from -0.06 (1 year) to 0.15 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MRCY : $6.58B VRNA : $9.72B
EPS MRCY : -$0.24 VRNA : -$0.69
PS Ratio MRCY : 6.79 VRNA : 57.97
PB Ratio MRCY : 4.46 VRNA : 34.92
Total Revenue (TTM) MRCY : $966.95M VRNA : $167.65M
Gross Profit (TTM) MRCY : $277.35M VRNA : $159.52M
EBITDA (TTM) MRCY : -$12.94M VRNA : -$40.86M

Return for Risk

MRCY vs. VRNA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MRCY

MRCY Risk / Return Rank: 87
MRCY Sharpe Ratio Rank: 89
MRCY Sortino Ratio Rank: 85
MRCY Omega Ratio Rank: 88
MRCY Calmar Ratio Rank: 87
MRCY Martin Ratio Rank: 86

VRNA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MRCY vs. VRNA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mercury Systems, Inc. (MRCY) and Verona Pharma plc (VRNA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MRCY	VRNA	Difference
Sharpe ratio: Return per unit of total volatility	2.01	—	—
Sortino ratio: Return per unit of downside risk	2.62	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.56	—	—
Martin ratio: Return relative to average drawdown	8.87	—	—

Drawdowns

Drawdown Indicators

	MRCY	VRNA	Difference
Max Drawdown Largest peak-to-trough decline	-95.95%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-32.19%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-35.04%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-62.43%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-71.73%	—	—
Current Drawdown Current decline from peak	-7.84%	—	—
Average Drawdown Average peak-to-trough decline	-53.70%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	12.89%	—	—

Volatility

Volatility by Period

	MRCY	VRNA	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.44%	—	—
Volatility (6M) Calculated over the trailing 6-month period	44.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	57.02%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.24%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.10%	—	—

Dividends

MRCY vs. VRNA - Dividend Comparison

Neither MRCY nor VRNA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

MRCY vs. VRNA - Profitability Comparison

The chart below illustrates the profitability comparison between Mercury Systems, Inc. and Verona Pharma plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MRCY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mercury Systems, Inc. reported a gross profit of 69.05M and revenue of 235.76M. Therefore, the gross margin over that period was 29.3%.

VRNA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Verona Pharma plc reported a gross profit of 71.68M and revenue of 75.14M. Therefore, the gross margin over that period was 95.4%.

MRCY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mercury Systems, Inc. reported an operating income of 5.23M and revenue of 235.76M, resulting in an operating margin of 2.2%.

VRNA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Verona Pharma plc reported an operating income of 9.69M and revenue of 75.14M, resulting in an operating margin of 12.9%.

MRCY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mercury Systems, Inc. reported a net income of -2.86M and revenue of 235.76M, resulting in a net margin of -1.2%.

VRNA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Verona Pharma plc reported a net income of 8.69M and revenue of 75.14M, resulting in a net margin of 11.6%.

Frequently Asked Questions

Can I hold both MRCY and VRNA in my portfolio?

MRCY and VRNA have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.