SRP.L vs. MRO.L
SRP.L (Serco Group) and MRO.L (Melrose Industries plc) are both stocks. Both are in the Industrials sector — SRP.L in Specialty Business Services, MRO.L in Specialty Industrial Machinery. Over the past 10 years, SRP.L returned 9.34%/yr vs 10.86%/yr for MRO.L. At a 0.31 correlation, their price movements are largely independent.
Performance
SRP.L vs. MRO.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SRP.L achieves a -8.23% return, which is significantly higher than MRO.L's -21.16% return. Over the past 10 years, SRP.L has underperformed MRO.L with an annualized return of 9.34%, while MRO.L has yielded a comparatively higher 10.86% annualized return.
SRP.L
- 1D
- -0.08%
- 1M
- -5.93%
- YTD
- -8.23%
- 6M
- -0.77%
- 1Y
- 34.32%
- 3Y*
- 23.08%
- 5Y*
- 15.36%
- 10Y*
- 9.34%
MRO.L
- 1D
- -1.67%
- 1M
- -10.13%
- YTD
- -21.16%
- 6M
- -20.10%
- 1Y
- -0.43%
- 3Y*
- -3.20%
- 5Y*
- 4.41%
- 10Y*
- 10.86%
SRP.L vs. MRO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SRP.L Serco Group | -8.23% | 89.19% | -5.26% | 5.87% | 16.82% | 14.27% | -26.19% | 69.35% | -3.34% | -30.98% |
MRO.L Melrose Industries plc | -21.16% | 7.50% | -1.49% | 102.51% | -15.46% | -19.88% | -25.38% | 48.20% | -22.05% | 8.06% |
Correlation
The correlation between SRP.L and MRO.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2006 | 0.31 |
Fundamentals
SRP.L:
£2.64B
MRO.L:
£5.78B
SRP.L:
£0.18
MRO.L:
£0.25
SRP.L:
13.84
MRO.L:
18.19
SRP.L:
0.37
MRO.L:
0.28
SRP.L:
0.27
MRO.L:
0.83
SRP.L:
3.02
MRO.L:
2.04
SRP.L:
£9.73B
MRO.L:
£7.06B
SRP.L:
£1.06B
MRO.L:
£1.78B
SRP.L:
£513.60M
MRO.L:
£1.58B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SRP.L vs. MRO.L — Risk / Return Rank
SRP.L
MRO.L
SRP.L vs. MRO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Serco Group (SRP.L) and Melrose Industries plc (MRO.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.
| SRP.L | MRO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.70 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.03 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | -0.01 | +1.59 |
| Martin ratioReturn relative to average drawdown | 5.33 | -0.03 | +5.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SRP.L | MRO.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | -0.01 | +1.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.11 | +0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.24 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 0.52 | -0.46 |
Drawdowns
SRP.L vs. MRO.L - Drawdown Comparison
The maximum SRP.L drawdown since its inception was -82.19%, which is greater than MRO.L's maximum drawdown of -70.66%. Use the drawdown chart below to compare losses from any high point for SRP.L and MRO.L.
Loading charts...
Drawdown Indicators
| SRP.L | MRO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.19% | -70.66% | -11.53% |
Max Drawdown (1Y)Largest decline over 1 year | -21.61% | -33.02% | +11.41% |
Max Drawdown (3Y)Largest decline over 3 years | -28.78% | -42.82% | +14.04% |
Max Drawdown (5Y)Largest decline over 5 years | -28.78% | -50.87% | +22.09% |
Max Drawdown (10Y)Largest decline over 10 years | -44.30% | -70.66% | +26.36% |
Current DrawdownCurrent decline from peak | -35.59% | -31.96% | -3.63% |
Average DrawdownAverage peak-to-trough decline | -44.71% | -19.52% | -25.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.42% | 13.93% | -7.51% |
Volatility
SRP.L vs. MRO.L - Volatility Comparison
The current volatility for Serco Group (SRP.L) is 6.13%, while Melrose Industries plc (MRO.L) has a volatility of 10.26%. This indicates that SRP.L experiences smaller price fluctuations and is considered to be less risky than MRO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SRP.L | MRO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.13% | 10.26% | -4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 15.74% | 28.19% | -12.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.25% | 34.14% | -13.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.94% | 39.76% | -16.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.41% | 45.26% | -15.85% |
Dividends
SRP.L vs. MRO.L - Dividend Comparison
SRP.L's dividend yield for the trailing twelve months is around 1.77%, more than MRO.L's 1.57% 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% | 0.53% | 0.45% | 0.34% | 0.27% | 0.93% | 1.25% | 0.73% | 0.95% | 6.95% |
SRP.L Serco Group | 1.77% | 1.53% | 1.75% | 1.39% | 1.20% | 1.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SRP.L vs. MRO.L - Financials Comparison
This section allows you to compare key financial metrics between Serco Group and Melrose Industries 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
SRP.L vs. MRO.L - Profitability Comparison
SRP.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Serco Group reported a gross profit of 262.80M and revenue of 2.49B. Therefore, the gross margin over that period was 10.6%.
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%.
SRP.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Serco Group reported an operating income of 125.00M and revenue of 2.49B, resulting in an operating margin of 5.0%.
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%.
SRP.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Serco Group reported a net income of 57.00M and revenue of 2.49B, resulting in a net margin of 2.3%.
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%.
Frequently Asked Questions
SRP.L and MRO.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for SRP.L and MRO.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer