Marex Group plc (MRX)

Marex Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	800.8	765.2	591.8	194.4	23.1	-
Total Interest Expense	555.9	538.1	470.2	165	26.4	4.89
Net Interest Income	244.9	227.1	121.6	29.4	-3.3	-4.89
Brokerage Commission	1,721	1,618	1,342	651	573.7	353.75
Asset Management Fee	-	-	-	-	-	3.55
Other Revenue	563.4	511.5	418.1	329.9	254.9	405.12
Revenue	2,530	2,357	1,882	1,010	825.3	757.53
Revenue Growth (YoY)	36.81%	25.22%	86.29%	22.42%	8.95%	37.94%
Salaries & Employee Benefits	1,028	965.7	768.7	437.4	358.3	260.91
Cost of Services Provided	859	787.7	660.5	311	295.2	452.15
Other Operating Expenses	284.6	280.4	212.6	136	92.1	-
Total Operating Expenses	2,199	2,062	1,676	907.7	756.7	721.11
Operating Income	330.2	295.1	206.1	102.6	68.6	36.42
Currency Exchange Gains	-	-	-	-	-	0.64
Other Non-Operating Income (Expenses)	6.9	6.3	3.4	2.8	1.9	20.52
EBT Excluding Unusual Items	337.1	301.4	210.3	105.1	70.8	57.58
Merger & Restructuring Charges	-5.6	-5.6	-3.4	-1.2	-0.9	-0.92
Impairment of Goodwill	-	-	-10.7	-53.9	-	-1.68
Asset Writedown	-	-	-	-	-	-1.74
Other Unusual Items	3.4	-	0.3	71.6	-	1.77
Pretax Income	334.9	295.8	196.5	121.6	69.9	54.98
Income Tax Expense	88	77.8	55.2	23.4	13.4	11.16
Net Income	246.9	218	141.3	98.2	56.5	43.82
Preferred Dividends & Other Adjustments	13.3	13.3	13.3	6.6	-	-
Net Income to Common	233.6	204.7	128	91.6	56.5	43.82
Net Income Growth	76.99%	54.28%	43.89%	73.80%	28.93%	20.42%
Shares Outstanding (Basic)	70	69	66	66	59	61
Shares Outstanding (Diluted)	76	75	70	68	61	61
Shares Change (YoY)	-	7.05%	4.07%	11.00%	0.40%	-
EPS (Basic)	3.32	2.96	1.94	1.39	0.96	0.72
EPS (Diluted)	3.09	2.72	1.82	1.36	0.93	0.72
EPS Growth	-	49.45%	33.82%	46.53%	28.41%	20.42%
Free Cash Flow	-	1,152	726	222	467	-49.14
Free Cash Flow Per Share	-	15.30	10.32	3.29	7.67	-0.81
Dividend Per Share	-	0.280	0.414	-	0.282	0.244
Dividend Growth	-	-32.30%	-	-	15.38%	-
Operating Margin	13.05%	12.52%	10.95%	10.15%	8.31%	4.81%
Profit Margin	9.23%	8.69%	6.80%	9.07%	6.85%	5.79%
Free Cash Flow Margin	-	48.87%	38.57%	21.97%	56.58%	-6.49%
Effective Tax Rate	26.28%	26.30%	28.09%	19.24%	19.17%	20.30%

Updated May 15, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q