Marex Group Limited

Marex Group Limited

61.60
EUR
+2.45
(+4.14%)
4.73EPS
Nov 05Next Earn
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
12.03
16.6
33.22
41.81
50.6
73.33
Basic EPS, GAAP
0.8
1.39
2
3.15
4.28
6.04
Free Cash Flow per Basic Share
6.54
3.05
10.21
16.52
9.03
- -
Dividend per Share
0.28
0.09
0.82
1.11
0.77
- -
Book Value per Share
6.75
9.57
11.04
13.9
17.62
26.01
Tangible Book Value per Share
3.49
7.01
7.91
10.58
12.94
21.08
Basic Weighted Avg Shares
71
71
71
69
72
71
Sales/Revenue/Turnover
852
1,175
2,352
2,895
3,630
5,172
Operating Margin (%)
11.44
23.02
28.84
28.89
32.26
33.95
Depreciation Expense
10
14
22
29
36
43
Net Income, GAAP
57
98
141
218
307
426
Effective Tax Rate (%)
19.17
19.24
28.09
26.3
25.19
24.54
Profit Margin (%)
6.63
8.36
6.01
7.53
8.46
8.24
Working Capital
-505
792
1,051
2,049
2,734
3,270
LT Debt
154
504
947
1,552
2,415
2,850
Total Equity
478
678
776
977
1,264
1,869
Return on Invested Capital (%)
- -
5.69
7.63
9.23
9.4
11.33
Return on Capital (%)
- -
5.5
7.63
9.26
9.4
6.76
Return on Common Equity (%)
- -
17
19.44
24.87
27.42
28.57

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7,820
7,999
8,679
LT Borrowings
2,327
2,279
2,761
LT Finance Leases
87
84
89
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
72
72
72
Market Capitalization
- -
- -
- -

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
33,697
35,425
40,605
Cash, Cash Equivalents & STI
6,481
6,892
8,450
Accounts Receivable, Net
10,993
10,685
9,845
Inventories
484
300
535
Total Current Liabilities
30,963
32,778
37,335
Payables & Accruals
12,898
14,778
12,810
ST Debt
7,820
7,999
8,679
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
29.35%
Free Cash Flow
- -
- -
-43.36%
Net Income, GAAP
- -
- -
40.92%
Sales/Revenue/Turnover
- -
- -
25.39%
Total Cash Common Dividend
- -
- -
-28.02%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
675
740
391
1,716
2,895
2025
866
878
485
2,178
3,630
2026
1,333
1,177
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.62
0.86
0.78
0.84
3.15
2025
1.03
1.07
0.97
1.18
4.28
2026
1.57
2.46
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.11
2025
- -
- -
- -
- -
0.77
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ian Theo Lowitt
Full Time Employees
3,109
Sector
Technology services
Industry
Internet software/Services
Address
155 Bishopsgate Hamilton GL Bermuda EC2M 3TQ
IPO Date
Apr 25, 2024
Website
marex.com
Business
Marex Group plc provides essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets through its diversified global financial services platform. Founded in 2005 and headquartered in London with principal executive offices also in New York, the company operates over 40 offices across Europe, the United States, Asia-Pacific and other regions including the Middle East and Canada, serving commodity producers and consumers, banks, hedge funds, asset managers, broking houses, commodity trading advisors and professional traders. Marex offers brokerage services in energy, metals, agriculture, freight, environmental products, financial futures and options, FX and structured products; market making; execution and clearing services on 58 exchanges; hedging and investment solutions including tailored hedging across agricultural, energy, metals and FX markets via Marex Solutions, prime brokerage, data and advisory services, and infrastructure supported by the Neon client technology portal; it also provides outsourced trading, electronic trading platforms and access to digital assets and renewables. The company generates revenue primarily from its segments of clearing; agency and execution, which facilitates price discovery by matching buyers and sellers; market making; and hedging and investment solutions. In recent developments, Marex completed its initial public offering on Nasdaq in April 2024 and reported record adjusted profit before tax of $321.1 million for 2024, marking a tenth consecutive year of profitable growth; it acquired UK equity market maker Winterflood Securities for £103.9 million in cash, completing the deal in 2025 while agreeing to sell Winterflood's custody business, and announced the acquisition of European fixed income market maker Valcourt SA in October 2025 to enhance capabilities in fixed income and strengthen Swiss institutional relationships; further, it completed the acquisition of FX specialist Hamilton Court Group in July 2025, expanded in the Middle East via Aarna Capital in October 2024, partnered with WisdomTree for structured products linked to ETFs in April 2025 and with GFO-X for regulated digital asset derivatives in July 2025, issued its first structured cash-and-carry note linked to cobalt in July 2025, and became the first clearing firm to enable client access to competitive margin benefits with FMX Futures Exchange and LCH Ltd in October 2025 as well as to utilize Kinexys by J.P. Morgan for payments in August 2025.

Company News

  • Schall Brown & Schwartz LLP Announces the Proposed Class Action Settlement on Behalf of Purchasers of Marex Group plc ordinary shares - MRX

  • Marex Group Limited to announce third quarter 2026 results on November 5, 2026

  • Derivnex Launches Industry-First OTC Swap on Canton with DRW and Marex

  • S&P Dow Jones Indices and Kaiko Enable First On-chain OTC Swap Referencing a Tokenized Benchmark, Executed by DRW and Marex on Derivnex

  • IPO Stock Of The Week: Financial Leader Marex Offers A New Buy Point

  • Marex Group plc Ordinary Shares (NASDAQ:MRX) Stock Has Average Target Price of $83.38

  • Marex announces changes to Group Board

  • NVIDIA & 2 Profitable Stocks to Buy Now for Big Upside

  • Marex Stock Doubles on Record Profits, But Can the Rally Continue?

  • Marex Group plc Ordinary Shares (NASDAQ:MRX) Receives $82.00 Consensus PT from Analysts

  • Marex Group PLC (MRX) is a Great Momentum Stock: Should You Buy?

  • Great Lakes Advisors LLC Invests $191,000 in Marex Group plc Ordinary Shares $MRX

  • Can Marex Group PLC (MRX) Run Higher on Rising Earnings Estimates?

  • Marex Group PLC (MRX) Is Up 16.86% in One Week: What You Should Know

  • Recent Results From Marex Group Impress, But Some Risks Are Rising

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  • Marex Group Limited (MRX) Q2 2026 Earnings Call Transcript

  • Marex Group plc Ordinary Shares Q2 Earnings Call Highlights

  • Marex Group PLC (MRX) Tops Q2 Earnings and Revenue Estimates