MRO.L vs. QQ.L
MRO.L (Melrose Industries plc) and QQ.L (QinetiQ Group plc) are both stocks. Both are in the Industrials sector — MRO.L in Specialty Industrial Machinery, QQ.L in Aerospace & Defense. Over the past 10 years, MRO.L returned 15.75%/yr vs 9.16%/yr for QQ.L. At a 0.30 correlation, their price movements are largely independent.
Performance
MRO.L vs. QQ.L - Performance Comparison
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Returns By Period
In the year-to-date period, MRO.L achieves a -21.16% return, which is significantly lower than QQ.L's 7.09% return. Over the past 10 years, MRO.L has outperformed QQ.L with an annualized return of 15.75%, while QQ.L has yielded a comparatively lower 9.16% annualized return.
MRO.L
- 1D
- 1.59%
- 1M
- -5.04%
- YTD
- -21.16%
- 6M
- -20.32%
- 1Y
- -2.22%
- 3Y*
- -1.01%
- 5Y*
- 11.47%
- 10Y*
- 15.75%
QQ.L
- 1D
- -0.63%
- 1M
- 6.33%
- YTD
- 7.09%
- 6M
- 13.19%
- 1Y
- -13.14%
- 3Y*
- 11.87%
- 5Y*
- 8.02%
- 10Y*
- 9.16%
MRO.L vs. QQ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRO.L Melrose Industries plc | -21.16% | 7.50% | -1.49% | 92.71% | 11.18% | -8.32% | -25.84% | 51.39% | -20.64% | 9.48% |
QQ.L QinetiQ Group plc | 7.09% | 8.34% | 37.22% | -11.50% | 37.15% | -15.08% | -8.68% | 27.80% | 27.13% | -9.87% |
Correlation
The correlation between MRO.L and QQ.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2006 | 0.30 |
Fundamentals
MRO.L:
£5.78B
QQ.L:
£2.45B
MRO.L:
£0.25
QQ.L:
-£0.14
MRO.L:
0.83
QQ.L:
0.66
MRO.L:
2.04
QQ.L:
4.44
MRO.L:
£7.06B
QQ.L:
£3.85B
MRO.L:
£1.78B
QQ.L:
£372.10M
MRO.L:
£1.58B
QQ.L:
£533.20M
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Return for Risk
MRO.L vs. QQ.L — Risk / Return Rank
MRO.L
QQ.L
MRO.L vs. QQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Melrose Industries plc (MRO.L) and QinetiQ Group plc (QQ.L). 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.
| MRO.L | QQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.95 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | -0.47 | +0.40 |
| Martin ratioReturn relative to average drawdown | -0.16 | -0.83 | +0.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MRO.L | QQ.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.07 | -0.41 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.26 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.32 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.22 | +0.01 |
Drawdowns
MRO.L vs. QQ.L - Drawdown Comparison
The maximum MRO.L drawdown since its inception was -83.97%, which is greater than QQ.L's maximum drawdown of -55.68%. Use the drawdown chart below to compare losses from any high point for MRO.L and QQ.L.
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Drawdown Indicators
| MRO.L | QQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.97% | -55.68% | -28.29% |
Max Drawdown (1Y)Largest decline over 1 year | -33.02% | -27.95% | -5.07% |
Max Drawdown (3Y)Largest decline over 3 years | -42.82% | -31.77% | -11.05% |
Max Drawdown (5Y)Largest decline over 5 years | -42.82% | -31.77% | -11.05% |
Max Drawdown (10Y)Largest decline over 10 years | -70.08% | -38.09% | -31.99% |
Current DrawdownCurrent decline from peak | -31.96% | -16.33% | -15.63% |
Average DrawdownAverage peak-to-trough decline | -23.91% | -17.16% | -6.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.64% | 13.52% | +0.12% |
Volatility
MRO.L vs. QQ.L - Volatility Comparison
Melrose Industries plc (MRO.L) and QinetiQ Group plc (QQ.L) have volatilities of 12.38% and 12.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MRO.L | QQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.38% | 12.37% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 28.11% | 22.28% | +5.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.04% | 32.03% | +2.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.19% | 31.20% | +8.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.45% | 28.88% | +16.57% |
Dividends
MRO.L vs. QQ.L - Dividend Comparison
MRO.L's dividend yield for the trailing twelve months is around 1.57%, less than QQ.L's 1.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRO.L Melrose Industries plc | 1.57% | 1.09% | 0.99% | 1.06% | 22.40% | 12.73% | 0.00% | 2.67% | 3.58% | 2.10% | 7.68% | 5.63% |
QQ.L QinetiQ Group plc | 1.93% | 2.00% | 1.99% | 2.49% | 2.04% | 2.59% | 2.06% | 1.84% | 2.20% | 2.60% | 2.17% | 1.99% |
Financials
MRO.L vs. QQ.L - Financials Comparison
This section allows you to compare key financial metrics between Melrose Industries plc and QinetiQ Group plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MRO.L vs. QQ.L - Profitability Comparison
MRO.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Melrose Industries plc reported a gross profit of 500.00M and revenue of 1.87B. Therefore, the gross margin over that period was 26.8%.
QQ.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported a gross profit of 110.20M and revenue of 1.02B. Therefore, the gross margin over that period was 10.8%.
MRO.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Melrose Industries plc reported an operating income of 443.00M and revenue of 1.87B, resulting in an operating margin of 23.7%.
QQ.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported an operating income of 110.20M and revenue of 1.02B, resulting in an operating margin of 10.8%.
MRO.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Melrose Industries plc reported a net income of 85.00M and revenue of 1.87B, resulting in a net margin of 4.6%.
QQ.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported a net income of 69.20M and revenue of 1.02B, resulting in a net margin of 6.8%.
Frequently Asked Questions
MRO.L and QQ.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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