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	541.5
Revenue Growth (YoY)	32.60%	26.93%	28.13%	75.02%	31.32%	-28.98%
Gross Profit	2,249	2,024	1,595	1,245	711.1	541.5
Selling, General & Admin	1,363	1,234	971.1	770.3	438.6	359.2
Depreciation & Amortization Expenses	39.9	36.1	29.5	27.1	13.8	10.3
Other Operating Expenses	288.3	353.9	306.3	248.1	137.1	104.3
Total Operating Expenses	1,692	1,624	1,307	1,046	589.5	473.8
Operating Income	557.6	399.9	287.8	199.1	121.6	67.7
Other Non-Operating Income (Expense)	12.5	11.7	8	-2.6	-	2.2
Total Non-Operating Income (Expense)	12.5	11.7	8	-2.6	-	2.2
Pretax Income	463.4	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	347.6	293.9	204.7	128	91.6	56.5
Minority Interest in Earnings	-	13.8	13.3	13.3	6.6	-
Earnings From Discontinued Operations	-0.1	-0.2	-	-	-	-
Net Income to Common	347.6	293.9	204.7	128	91.6	56.5
Net Income Growth	40.79%	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%
Shares Outstanding	71.93	71.74	70.29	133.35	108.58	106.49
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	-	-
Dividend Growth	1.70%	110.71%	-32.30%	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	24.79%	19.76%	18.05%	16.00%	17.10%	12.50%
Profit Margin	15.46%	15.21%	13.67%	11.35%	13.81%	10.43%
FCF Margin	-	32.33%	72.23%	58.33%	33.75%	-47.83%
EBITDA	557.6	436	316.6	221	135.4	78
EBITDA Margin	24.79%	21.54%	19.85%	17.76%	19.04%	14.40%
EBIT	557.6	399.9	287.8	199.1	121.6	67.7
EBIT Margin	24.79%	19.76%	18.05%	16.00%	17.10%	12.50%
Effective Tax Rate	24.97%	25.19%	26.30%	28.09%	19.24%	19.17%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q