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United Kingdom
In shortMelrose Industries PLC is profitable, generates cash and carries moderate debt, with revenue growing (+3.5% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 16.7% | 72/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 10.3% | 61/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 13.0% | 65/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 10.8% | 72/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.98× | 15/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.56× | 80/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.35× | 47/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 4.55× | 29/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.80 | 44/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 3.6% | 34/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.35× | 6/100 |
| Years with positive free cash flow (last 5) | 2 of 4 | 37/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 4 | 50/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 3 | 44/100 |
| Revenue growth volatility | 36.4% | 0/100 |
| Operating margin volatility | 10.6% | 13/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -18.6% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 4 fiscal years from the company's annual reports.
GBP millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | 6,650 | 7,537 | 3,468 | 3,589 |
| Cost of revenue | 5,750 | 6,458 | 2,646 | 2,635 |
| Gross profit | 900 | 1,079 | 822 | 954 |
| Operating income | (493) | (236) | (4) | 600 |
| Interest expense | 169 | 104 | 105 | 132 |
| Pre-tax income | (660) | (307) | (106) | 468 |
| Income tax | (180) | (84) | (57) | 98 |
| Net income | 833 | (308) | (49) | 370 |
| Diluted EPS | −£0.10 | −£0.05 | −£0.04 | £0.29 |
2.80 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Dec 31, 2025