Saturday 17 October 2026
Export MRX’s income statement to Excel — free account
Marex Group PLC
Marex Group PLC’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, up 26.9% from fiscal 2024. In the quarter to June 2026, revenue grew 77.0%, EPS grew 94.9%, free cash flow grew 54.7% and total debt rose 21.3%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for three.
70.50
1.80
−2.49%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | — | 18.13 | 27.91 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | — | — | 32.45 | 49.34 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 2,074 | 2,340 | 3,109 | ||||
| Revenue/emp, $m | — | — | — | — | — | — | 0.00 | 0.60 | 0.68 | 0.65 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 711 | 1,245 | 1,595 | 2,024 | ||||
| Gross margin, % | — | — | — | — | — | — | 100.00 | 100.00 | 100.00 | 100.00 | |||||
| EBT | — | — | — | — | — | — | 122 | 197 | 296 | 412 | |||||
| EBT margin, % | — | — | — | — | — | — | 17.10 | 15.79 | 18.55 | 20.33 | |||||
| Net income | — | — | — | — | — | — | 122 | 197 | 296 | 412 | |||||
| Depreciation | — | — | — | — | — | — | 62 | 23 | 29 | 36 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | 6.52 | 18.85 | 23.03 | 28.37 | ||||
| Earnings | — | — | — | — | — | — | 0.90 | 2.14 | 2.96 | 4.12 | |||||
| Cash flow | — | — | — | — | — | — | 2.07 | 11.13 | 16.81 | 9.35 | |||||
| Capex | — | — | — | — | — | — | (0.09) | (0.18) | (0.29) | (0.28) | |||||
| Free cash flow | — | — | — | — | — | — | 1.98 | 10.95 | 16.52 | 9.08 | |||||
| Book value | — | — | — | — | — | — | 6.21 | 11.75 | 14.11 | 17.71 | |||||
| Shares, m | — | — | — | — | — | — | 109 | 66 | 69 | 71 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 10.34 | 10.34 | 10.34 | 10.99 | ||||
| P/S | — | — | — | — | — | — | 0.00 | 0.00 | 1.37 | 1.56 | |||||
| P/B | — | — | — | — | — | — | 1.61 | 1.61 | 2.24 | 2.18 | |||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 0.00 | (1.93) | (1.46) | |||||
| EV/FCF | — | — | — | — | — | — | 0.00 | 0.00 | (2.67) | (1.24) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | 226 | 735 | 1,164 | 668 | ||||
| Capex | — | — | — | — | — | — | (9) | (12) | (20) | (20) | |||||
| Free cash flow | — | — | — | — | — | — | 216 | 723 | 1,144 | 648 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | 792 | 1,051 | 2,049 | 2,734 | ||||
| Total debt | — | — | — | — | — | — | 2,328 | 4,181 | 5,528 | 8,225 | |||||
| Net debt | — | — | — | — | — | — | (1,579) | (1,445) | (5,263) | (5,314) | |||||
| Shareholders’ equity | — | — | — | — | — | — | 678 | 776 | 977 | 1,264 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | 0.00 | 0.77 | 0.98 | 1.00 | ||||
| ROIC | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| ROE | — | — | — | — | — | — | 0.00 | 17.61 | 23.36 | 26.24 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Mar 2026
Charts ten years each
Marex Group PLC vs peers in Capital Markets (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| GLXY Galaxy Digital Inc. | $7.1B | — (loss-making) | — (loss-making) | −0.99% (below 0%: shrinking) | n/m | +80.14% (above 0%: growing) | 0.86% | (1.21%) | Compare |
| WULF TeraWulf Inc. | $6.3B | — (loss-making) | — (loss-making) | −6.02% (below 0%: shrinking) | n/m | −695.25% (below 0%: shrinking) | 72.30% | (313.74%) | Compare |
| FIGR Figure Technology Solutions, Inc. | $6.2B | 17.7× | 30.4× | +112.66% (above 0%: growing) | −9.34% (below 0%: shrinking) | −119.20% (below 0%: shrinking) | 87.18% | 34.46% | Compare |
| RIOT Riot Platforms, Inc. | $5.8B | — (loss-making) | — (loss-making) | +13.89% (above 0%: growing) | n/m | +49.16% (above 0%: growing) | 23.67% | (137.42%) | Compare |
| MKTX MarketAxess Holdings Inc. | $5.8B | 19.4× | 14.6× | −0.48% (below 0%: shrinking) | +1.05% (above 0%: growing) | −83.73% (below 0%: shrinking) | 100.00% | 41.15% | Compare |
| BGC BGC Group, Inc. | $5.4B | 28.3× | 7.4× | +7.85% (above 0%: growing) | +36.36% (above 0%: growing) | +164.18% (above 0%: growing) | 97.58% | 12.38% | Compare |
| MRX Marex Group PLC | $5.2B | 16.7× | 11.3× | +76.97% (above 0%: growing) | +94.87% (above 0%: growing) | +54.74% (above 0%: growing) | 100.00% | 21.10% | |
| PIPR Piper Sandler Companies | $4.6B | 14.2× | 16.3× | +24.88% (above 0%: growing) | +58.10% (above 0%: growing) | +58.77% (above 0%: growing) | 98.91% | 20.27% | Compare |
| MC Moelis & Company | $4.5B | 18.0× | 21.5× | +12.05% (above 0%: growing) | +16.36% (above 0%: growing) | +8.25% (above 0%: growing) | 100.00% | 17.79% | Compare |
| Median of peers | $5.8B | 18.0× | 16.3× | +9.95% | +16.36% | +28.70% | 92.38% | 15.08% |
Marex Group PLC (MRX) key facts
- Strength: Marex Group PLC’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, up 26.9% from fiscal 2024.
- Marex Group PLC (MRX) is a Capital Markets company in the Financial sector, listed on Nasdaq.
- As of October 16, 2026, MRX traded at $70.50, a market capitalization of $5.2 billion.
- Marex Group PLC pays an annual dividend of $0.62 per share, a yield of 0.88%, with a payout ratio of 15.6%.
- Return on equity was 26.2% and debt-to-equity 4.96.
- Its Piotroski F-score is 4 out of 9 for fiscal 2025.