Marex Group Limited logo

Marex Group Limited

MRX

NASDAQFinancial ServicesFinancial - Capital Markets

Previous close

$72.99

+$3.40 · +4.89%

Aug 21, 4:00 PM ET

MRX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

100

Deep Value

Momentum

69

Gaining

Sentiment

59

Mixed

Risk resilience

64

Moderate Risk

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Company profile

Company website

Marex Group plc, a financial services platform company, provides liquidity, market access, and infrastructure services to clients in the commodity and financial markets in the United Kingdom, the United States, and internationally. It operates through Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions segments. The company offers execution and clearing services in metals, agricultural products, energy and fixed income, financial securities, digital assets, and equity futures and options; liquidity, execution, and risk management solutions to financial markets. It also provides liquidity to clients in the OTC energy markets; market data, analytics, and market commentary; energy services, including gas, power, environmental, and crude oil markets; and market-making services across commodities markets, such as metals, agricultural products, and energy markets. In addition, the company offers OTC traded hedging and customized OTC derivatives solutions; and risk management solutions across a spectrum of markets, including agriculture, currency, and interest rate markets for trading houses, producers and consumers, and banks and distributors. Further, it engages in the structured notes business, which allows investors to build structured notes across asset classes, including commodities, equities, foreign exchange, and fixed-income products for private banks, independent asset managers, pension funds, and corporates; and a portfolio of structured Notes, including auto-callable, fixed, stability, and credit-linked notes. Additionally, the company offers technology platforms, including Neon, a trading, risk, and data platform; and Agile, a commodity broking platform. Marex Group plc was incorporated in 2005 and is based in London, the United Kingdom.

Industry
Financial - Capital Markets
Sector
Financial Services
Headquarters
GB
CEO
Ian Theo Lowitt
Listed since
Apr 25, 2024
Employees
3,331

Market position

Day range

Current $72.99

52-week range

Current $72.99

Open
$70.72
Previous close
$69.59
Volume
487.9K
0.55× average
Average volume
889.11K
Average daily volume
Market cap
5.25B USD
Beta
-0.1
Market reference 1
50-day average
$65.1351
+12.06% above average
200-day average
$48.506
+50.48% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.59B USD
P/E (TTM)
18.57×
P/B (TTM)
2.95×
P/S (TTM)
1.02×
EV / EBITDA
5.46×
Earnings yield
11.26%
Free cash flow yield
23.91%
Dividend yield
0.85%

Profitability & efficiency

Gross margin
88.15%
Operating margin
43.75%
Net margin
9.67%
Return on equity
24.39%
Return on assets
0.89%
Return on invested capital
2.50%

Financial health

Debt / equity
1.51×
Current ratio
3.16×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends106%69%33%-4%Gross margin, FY2021: 96.90%Gross margin, FY2022: 73.37%Gross margin, FY2023: 71.97%Gross margin, FY2024: 44.47%Gross margin, FY2025: 74.72%Operating margin, FY2021: 8.05%Operating margin, FY2022: 23.02%Operating margin, FY2023: 29.06%Operating margin, FY2024: 28.89%Operating margin, FY2025: 31.98%Net margin, FY2021: 6.63%Net margin, FY2022: 7.79%Net margin, FY2023: 5.44%Net margin, FY2024: 7.53%Net margin, FY2025: 8.49%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 96.90%. Gross margin FY2022 73.37%. Gross margin FY2023 71.97%. Gross margin FY2024 44.47%. Gross margin FY2025 74.72%. Operating margin FY2021 8.05%. Operating margin FY2022 23.02%. Operating margin FY2023 29.06%. Operating margin FY2024 28.89%. Operating margin FY2025 31.98%. Net margin FY2021 6.63%. Net margin FY2022 7.79%. Net margin FY2023 5.44%. Net margin FY2024 7.53%. Net margin FY2025 8.49%.

Income trends

Revenue

3.63B USD+25.39%

Operating income

1.16B USD+38.80%

Net income

308.2M USD+41.38%
Income trends across reported periods3.99B USD2.56B USD1.13B USD−300.83M USDRevenue, FY2021: 851.7M USDRevenue, FY2022: 1.18B USDRevenue, FY2023: 2.35B USDRevenue, FY2024: 2.89B USDRevenue, FY2025: 3.63B USDOperating income, FY2021: 68.6M USDOperating income, FY2022: 270.5M USDOperating income, FY2023: 683.5M USDOperating income, FY2024: 836.3M USDOperating income, FY2025: 1.16B USDNet income, FY2021: 56.5M USDNet income, FY2022: 91.6M USDNet income, FY2023: 128M USDNet income, FY2024: 218M USDNet income, FY2025: 308.2M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 851.7M USD. Revenue FY2022 1.18B USD. Revenue FY2023 2.35B USD. Revenue FY2024 2.89B USD. Revenue FY2025 3.63B USD. Operating income FY2021 68.6M USD. Operating income FY2022 270.5M USD. Operating income FY2023 683.5M USD. Operating income FY2024 836.3M USD. Operating income FY2025 1.16B USD. Net income FY2021 56.5M USD. Net income FY2022 91.6M USD. Net income FY2023 128M USD. Net income FY2024 218M USD. Net income FY2025 308.2M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.63B USD2.89B USD2.35B USD1.18B USD851.7M USD
Cost of goods sold917.7M USD1.61B USD659.4M USD313M USD609.5M USD
Gross profit2.71B USD1.29B USD1.69B USD862.3M USD825.3M USD
Selling, general, and administrative247.1M USD798.8M USD120.1M USD82.5M USD
Operating expenses1.55B USD450.9M USD798.8M USD223.1M USD144.8M USD
Interest income912.8M USD−8.7M USD−5.4M USD23.1M USD
Interest expense760.2M USD538.1M USD470.2M USD165M USD26.4M USD
Depreciation and amortization36.1M USD28.8M USD21.9M USD13.8M USD10.3M USD
Operating income1.16B USD836.3M USD683.5M USD270.5M USD68.6M USD
Net income308.2M USD218M USD128M USD91.6M USD56.5M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
6 beats, 0 misses, 0 met estimates
Average EPS surprise
+19.77%
6 comparable reports
Latest EPS result
1.64
Estimate 1.36 · Beat by 20.59%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.731.310.890.48Q4 '22No estimateQ2 '23No estimateQ3 '24BeatQ1 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Beat
Q4 2022, reported Dec 31, 2022: actual 0.897, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 1.28, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 14, 2024: actual 0.9, estimate 0.56, surprise +60.71%, Beat. Q1 2025, reported Mar 6, 2025: actual 0.76, estimate 0.68, surprise +11.76%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.96, estimate 0.893, surprise +7.50%, Beat. Q1 2026, reported Mar 3, 2026: actual 1.13, estimate 1.02, surprise +10.78%, Beat. Q2 2026, reported May 6, 2026: actual 1.48, estimate 1.38, surprise +7.25%, Beat. Q3 2026, reported Aug 12, 2026: actual 1.64, estimate 1.36, surprise +20.59%, Beat.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.23B915.63M604.57M293.51MQ4 '22No estimateQ2 '23No estimateQ3 '24BeatQ1 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26Beat
Q4 2022, reported Dec 31, 2022: actual 345.3M USD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 1.16B USD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 14, 2024: actual 720.7M USD, estimate 368.1M USD, surprise +95.79%, Beat. Q1 2025, reported Mar 6, 2025: actual 740M USD, estimate 458.6M USD, surprise +61.36%, Beat. Q4 2025, reported Nov 6, 2025: actual 467.3M USD, estimate 481.25M USD, surprise -2.90%, Miss. Q1 2026, reported Mar 3, 2026: actual 500.1M USD, estimate 470.26M USD, surprise +6.35%, Beat. Q2 2026, reported May 6, 2026: actual 692.3M USD, estimate 682.74M USD, surprise +1.40%, Beat. Q3 2026, reported Aug 12, 2026: actual 695.8M USD, estimate 625.28M USD, surprise +11.28%, Beat.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$81.83

12.11% upside
Past 12 months12-month forecastHigh $90.00Average $81.83Low $75.00

Recent analyst actions

7 institutions
JefferiesmaintainBuy

Corporate actions

Corporate action history

DividendUpcoming

Ex-dividend Aug 24, 2026

$0.16

Quarterly

Record Aug 24, 2026 · Payment Sep 9, 2026

Dividend

Ex-dividend May 18, 2026

$0.16

Quarterly

Record May 18, 2026 · Payment Jun 3, 2026

Dividend

Ex-dividend Mar 16, 2026

$0.15

Quarterly

Record Mar 16, 2026 · Payment Mar 31, 2026

Dividend

Ex-dividend Nov 17, 2025

$0.15

Quarterly

Record Nov 17, 2025 · Payment Dec 3, 2025

Dividend

Ex-dividend Aug 26, 2025

$0.15

Quarterly

Record Aug 26, 2025 · Payment Sep 11, 2025

Dividend

Ex-dividend May 27, 2025

$0.15

Quarterly

Record May 27, 2025 · Payment Jun 10, 2025

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