Marex Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,249	2,024	1,595	1,245	711.1	1,114
Revenue Growth (YoY)	32.60%	26.93%	28.13%	75.02%	-36.18%	46.14%
Gross Profit	2,249	2,024	1,595	1,245	711.1	1,114
Selling, General & Admin	1,363	1,234	971.1	770.3	438.6	1,053
Depreciation & Amortization Expenses	9.6	36.1	29.5	27.1	13.8	-
Other Operating Expenses	7	353.9	306.3	248.1	137.1	-
Total Operating Expenses	1,380	1,624	1,307	1,046	589.5	1,053
Operating Income	869.2	399.9	287.8	199.1	121.6	61.7
Interest Income	-	-	-	-	-	13.8
Interest Expense	-	-	-	-	-	-7.5
Other Non-Operating Income (Expense)	10.6	11.7	8	-2.6	-	1.9
Total Non-Operating Income (Expense)	10.6	11.7	8	-2.6	-	8.2
Pretax Income	98.8	411.6	295.8	196.5	121.6	69.9
Provision for Income Taxes	115.7	103.7	77.8	55.2	23.4	13.4
Net Income	347.7	307.9	218	141.3	98.2	56.5
Minority Interest in Earnings	-	13.8	13.3	13.3	6.6	-
Earnings From Discontinued Operations	-	-0.2	-	-	-	-
Net Income to Common	347.7	293.9	204.7	128	91.6	56.5
Net Income Growth	40.83%	43.58%	59.92%	39.74%	62.12%	28.93%
Shares Outstanding (Basic)	72	71	69	66	66	73
Shares Outstanding (Diluted)	76	76	75	70	68	73
Shares Change (YoY)	0.86%	1.13%	7.05%	4.07%	-7.80%	0.81%
EPS (Basic)	4.66	4.12	2.96	1.94	1.39	0.77
EPS (Diluted)	4.40	3.86	2.72	1.82	1.36	0.77
EPS Growth	41.48%	41.91%	49.45%	33.82%	76.44%	28.13%
Free Cash Flow	-	654.4	1,152	726	240	-259
Free Cash Flow Growth	-	-43.19%	58.65%	202.50%	-	-
Free Cash Flow Per Share	-	8.60	15.30	10.32	3.55	-3.53
Dividends Per Share	0.600	0.590	0.280	0.414	-	0.282
Dividend Growth	1.70%	110.71%	-32.30%	-	-	15.38%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	38.65%	19.76%	18.05%	16.00%	17.10%	5.54%
Profit Margin	15.46%	15.21%	13.67%	11.35%	13.81%	5.07%
FCF Margin	-	32.33%	72.23%	58.33%	33.75%	-23.25%
EBITDA	869.2	436	316.6	221	135.4	72
EBITDA Margin	38.65%	21.54%	19.85%	17.76%	19.04%	6.46%
EBIT	869.2	399.9	287.8	199.1	121.6	61.7
EBIT Margin	38.65%	19.76%	18.05%	16.00%	17.10%	5.54%
Effective Tax Rate	117.10%	25.19%	26.30%	28.09%	19.24%	19.17%

SEC Filings: 10-K · 10-Q