Marex Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-	-	-	-	69.9	54.98
Depreciation & Amortization	29.9	28.8	21.9	13.8	10.3	9.96
Stock-Based Compensation	38.7	29.6	20.3	16.7	1.2	-
Other Adjustments	-141.7	-173	-56.8	113.5	-7.4	-12.93
Change in Receivables	-6,366	-2,758	777.6	3,141	-1,569	-365.08
Changes in Inventories	-111.6	127.6	-127.6	44.3	-71.4	-8.77
Changes in Accounts Payable	6,070	2,953	-709.5	-2,874	1,120	635.67
Changes in Income Taxes Payable	-116.6	-58.1	-55.9	-18	-18.3	-13.39
Changes in Other Operating Activities	1,736	718.1	668.5	-333.6	191.6	-348.92
Operating Cash Flow	1,340	2,385	1,526	469.2	-273.5	-45.78
Operating Cash Flow Growth	355.14%	56.31%	225.21%	-	-	-
Capital Expenditures	-15.2	-11.7	-9	-3.6	-3.8	-3.36
Purchases of Intangible Assets	-6.9	-8.2	-3.1	-5.8	-3.5	-1.62
Purchases of Investments	-	-5.1	-	-	-8	-67.02
Proceeds from Sale of Investments	-	0.7	-	-	-	-
Payments for Business Acquisitions	-56.7	-	-	-	-12.5	-18.72
Other Investing Activities	-	-	4.8	-	13	-50.72
Investing Cash Flow	-92.7	-35.3	-97.6	-46.3	-14.8	-31.05
Long-Term Debt Issued	-	-	-	100	742.4	180.56
Long-Term Debt Repaid	-	-	-	-50	-	-
Net Long-Term Debt Issued (Repaid)	-	-	-	50	742.4	180.56
Issuance of Common Stock	-	68.3	-	-	-	-
Repurchase of Common Stock	-44.3	-19.8	-3.1	-7.9	-	-
Net Common Stock Issued (Repurchased)	-44.3	48.5	-3.1	-7.9	-	-
Common Dividends Paid	-53.7	-77.1	-58.3	-6.6	-20	-18.2
Other Financing Activities	-8.8	6.4	-	-2.4	-13.6	-13.76
Financing Cash Flow	-113.8	-37.2	-72.8	26.5	708.8	150.88
Effect of Exchange Rate Changes on Cash and Cash Equivalents	28.9	-17.9	8.8	-7.7	-	-
Net Cash Flow	1,123	2,295	1,364	441.7	420.5	74.05
Free Cash Flow	912.5	2,373	1,517	465.6	-277.3	-49.14
Free Cash Flow Growth	-61.55%	56.46%	225.80%	-	-	-
FCF Margin	51.43%	148.83%	121.88%	65.48%	-24.89%	-6.45%
Free Cash Flow Per Share	12.10	31.53	21.58	6.89	-2.42	-0.68
Levered Free Cash Flow	7,853	3,928	-85.9	-3,030	2,027	495.56
Unlevered Free Cash Flow	8,030	3,975	-71.26	-3,066	2,130	880.29

Updated Mar 3, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q