MRX - Marex Group plc Ordinary Shares
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$57.50
DETAILS
HIGH:
$60.00
LOW:
$55.00
MEDIAN:
$57.50
CONSENSUS:
$57.50
UPSIDE:
8.08%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue | 3,629.8 | 2,894.8 | 2,352.3 | 1,175.3 | 851.7 | 757.5 | 549.2 | 384.5 | 317.9 | 328.3 | 345.9 | 368.0 | 358.1 |
| Cost of Revenue | 917.7 | 1,607.6 | 659.4 | 313 | 609.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 2,712.1 | 1,287.2 | 1,692.9 | 862.3 | 825.3 | 757.5 | 549.2 | 384.5 | 317.9 | 328.3 | 345.9 | 368.0 | 0 |
| Operating Expenses | |||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0.8 | 0.6 | 0.1 | 0.1 | 0.4 | 0.6 | 0 | 0 |
| SG&A Expenses | 0 | 247.1 | 798.8 | 120.1 | 82.5 | 276.9 | 211.9 | 0 | 0 | 0 | 0 | 0.0 | 1.4 |
| Other Expenses | 1,551.3 | 203.8 | 0 | 103 | 62.3 | 423.3 | 328.6 | 339.2 | 292.5 | 301.6 | 322.6 | 352.8 | 363.4 |
| Operating Expenses | 1,551.3 | 450.9 | 798.8 | 223.1 | 144.8 | 701.0 | 541.2 | 339.2 | 292.7 | 302.0 | 323.2 | 352.9 | 364.9 |
| Operating Income | |||||||||||||
| Operating Income | 1,160.8 | 836.3 | 683.5 | 270.5 | 68.6 | 56.6 | 12.2 | 45.2 | 25.2 | 26.3 | 22.7 | 15.1 | (9.1) |
| Interest Expense | 760.2 | 538.1 | 470.2 | 165 | 26.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 912.8 | (8.7) | (5.4) | 0 | 23.1 | 20.5 | 38.6 | 0 | 0 | 0 | 0 | 0 | 0.6 |
| Profitability | |||||||||||||
| EBITDA | 1,207.9 | 865.8 | 705.4 | 284.3 | 106.6 | 18.6 | 34.4 | 0 | 0 | 0 | 0 | 0 | 5.1 |
| EBIT | 1,171.8 | 833.9 | 683.5 | 270.5 | 96.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Before Tax | 411.6 | 295.8 | 196.5 | 121.6 | 69.9 | 55.0 | 46.6 | 13.4 | 25.4 | 27.0 | 17.6 | 22.6 | (6.2) |
| Income Tax Expense | 103.7 | 77.8 | 55.2 | 23.4 | 13.4 | 11.2 | 10.2 | 3.3 | 7.9 | 6.5 | 0.0 | 4.8 | 1.1 |
| Net Income | 308.2 | 218 | 128 | 91.6 | 56.5 | 43.8 | 36.4 | 10.2 | 17.5 | 20.5 | 17.6 | 17.9 | (5.1) |
| Per Share Data | |||||||||||||
| EPS (Basic) | 4.13 | 2.96 | 1.94 | 1.29 | 0.80 | 0.72 | 0.60 | 0.17 | 0.29 | 0.34 | 0.29 | 0.29 | -0.08 |
| EPS (Diluted) | 3.87 | 2.72 | 1.82 | 1.36 | 0.80 | 0.72 | 0.60 | 0.17 | 0.29 | 0.34 | 0.29 | 0.29 | -0.08 |
| Shares Outstanding | 71.4 | 80.1 | 72.2 | 70.8 | 70.8 | 60.6 | 60.6 | 60.6 | 60.6 | 60.6 | 60.6 | 60.6 | 60.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 6,378 | 2,556.6 | 1,483.5 | 910.1 | 712 | 291.5 | 217.5 | 160.7 | 89.2 | 188.2 |
| Short-Term Investments | 7,078.6 | 2,657 | 3,249.5 | 2,311.1 | 46.3 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 11,071 | 9,549.4 | 7,710.1 | 9,036.7 | 2,173.4 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 35.8 | 163.4 | 35.8 | 80.1 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 8,523 | 4,049.9 | 2,692.1 | 1,113 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 24,527.6 | 23,828.5 | 16,936 | 15,354.2 | 4,124.8 | 291.5 | 217.5 | 0 | 0 | 0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 110.9 | 80.7 | 57.2 | 45.5 | 20.9 | 20.4 | 27.7 | 2.5 | 2.7 | 2.5 |
| Goodwill | 0 | 176.5 | 163.6 | 155.5 | 208.9 | 198.4 | 179.2 | 141.0 | 141.0 | 141.0 |
| Intangible Assets | 335.4 | 56.5 | 56 | 25.6 | 21.5 | 14.3 | 7.8 | 1.9 | 0.8 | 0.5 |
| Long-Term Investments | 5,888.9 | 77.5 | 77 | 22 | 84.8 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3,781.7 | 46.1 | 300.4 | 133.5 | 799.7 | 3,242.1 | 2,147.8 | 1,249.6 | 940.2 | 991.3 |
| Total Non-Current Assets | 10,147.5 | 484 | 675.6 | 389.7 | 1,139.8 | 3,475.3 | 2,362.5 | 1,394.9 | 1,084.7 | 1,135.3 |
| Total Assets | 34,675.1 | 24,312.5 | 17,611.6 | 15,743.9 | 5,264.6 | 3,766.8 | 2,580.0 | 1,394.9 | 1,084.7 | 1,135.3 |
| Current Liabilities | ||||||||||
| Account Payables | 0 | 7,741 | 4,915.2 | 6,647.6 | 3,291.2 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 7,753.1 | 4,577.4 | 4,427.3 | 5,218 | 1,130.5 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 2.4 | 0.5 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 7,409 | 4,650.7 | 2,420.1 | 200.3 | 0 | 84.2 | (70.8) | (57.2) | (58.9) |
| Total Current Liabilities | 7,753.1 | 21,779.2 | 15,884.7 | 14,561.9 | 4,630.1 | 122.4 | 84.2 | 0 | 0 | 0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 2,327.3 | 1,484.9 | 907.9 | 472.1 | 136.6 | 246.8 | 12.9 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 14 | 4.5 | 3.7 | 0.1 | 3.2 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 23,229.7 | 0 | 0 | 0 | 0 | 2,953.9 | 2,065.1 | 1,013.0 | 712.3 | 761.5 |
| Total Non-Current Liabilities | 25,658.4 | 1,556.4 | 951 | 504.3 | 156.8 | 3,200.7 | 2,078.1 | 1,013.0 | 712.3 | 761.5 |
| Total Liabilities | 33,411.5 | 23,335.6 | 16,835.7 | 15,066.2 | 4,786.9 | 3,323.0 | 2,162.2 | 1,013.0 | 712.3 | 761.5 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 176.2 | 0.0 |
| Retained Earnings | 982 | 722.4 | 555.3 | 455.3 | 346.6 | 132.6 | 107.0 | 72.3 | 62.1 | 64.6 |
| Accumulated Other Comprehensive Income | 15.4 | (22.6) | (1.6) | (1.7) | (3.3) | 176.8 | 176.4 | 175.1 | (0.3) | 174.9 |
| Total Stockholders' Equity | 1,263.8 | 976.9 | 775.9 | 677.7 | 477.7 | 443.8 | 417.8 | 381.9 | 372.4 | 373.8 |
| Total Liabilities & Equity | 34,675.1 | 24,312.5 | 17,611.6 | 15,743.9 | 5,264.6 | 3,766.8 | 2,580.0 | 1,394.9 | 1,084.7 | 1,135.3 |
| Debt Metrics | ||||||||||
| Total Debt | 10,167.8 | 6,139.8 | 5,387.8 | 5,729 | 1,290.1 | 246.8 | 12.9 | 0 | 0 | 0 |
| Net Debt | 3,789.8 | 3,583.2 | 3,904.3 | 4,818.9 | 578.1 | (44.8) | (204.6) | (160.7) | (89.2) | (188.2) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 307.4 | 295.8 | 141.3 | 98.2 | 56.5 | 43.8 | 36.4 | 10.2 | 17.5 | 20.5 |
| Depreciation & Amortization | 36.1 | 28.8 | 21.9 | 13.8 | 10.3 | 8.5 | 7.6 | 1.4 | 1.6 | 2.9 |
| Stock-Based Compensation | 0 | 29.6 | 20.3 | 16.7 | 1.2 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 371.2 | 1,040.4 | 609 | (22) | 183.5 | (616.7) | 300.5 | (174.8) | 36.8 | 25.6 |
| Other Non-Cash Items | (47.2) | (231.1) | (57.5) | 118.9 | 219.3 | 518.5 | (367.7) | 293.6 | (151.5) | (19.0) |
| Operating Cash Flow | 667.5 | 1,163.5 | 735 | 225.6 | 470.8 | (45.8) | (23.1) | 130.3 | (95.5) | 30.1 |
| Investing Activities | ||||||||||
| Capital Expenditure | (13.1) | (19.9) | (12.1) | (9.4) | (7.3) | (3.4) | (2.8) | (1.0) | (1.7) | (1.3) |
| Acquisitions | (241.6) | (11) | (90.3) | (36.9) | (12.5) | (18.7) | (110.2) | 0 | 0 | 0 |
| Purchases of Investments | (2.9) | (5.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0.7 | 6.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | (8.2) | (4.7) | 0 | 0 | (9.0) | 6.8 | (1.6) | (0.4) | (0.2) |
| Investing Cash Flow | (264.3) | (35.3) | (97.6) | (46.3) | (19.8) | (31.1) | (106.2) | (2.6) | (2.1) | (1.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (6.3) | (8.6) | (11.4) | 43.4 | (7.2) | 175.3 | 0 | 0 | 0 | 0 |
| Stock Repurchased | (44.1) | (19.8) | (3.1) | (7.9) | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (55.5) | (77.1) | (58.3) | (6.6) | (20) | (18.2) | 0 | 0 | (20) | (20) |
| Other Financing Activities | (18) | 0 | 0 | (2.4) | 0 | (6.2) | 186.1 | (56.2) | 18.7 | 21.2 |
| Financing Cash Flow | (123.9) | (37.2) | (72.8) | 26.5 | (27.2) | 150.9 | 186.1 | (56.2) | (1.3) | 1.2 |
| Cash Position | ||||||||||
| Net Change in Cash | 7,328.1 | 1,073.1 | 573.4 | 198.1 | 420.5 | 74.0 | 56.8 | 71.5 | (99.0) | 29.9 |
| Cash at Beginning | 5,469.5 | 1,483.5 | 910.1 | 1,328.5 | 291.5 | 217.5 | 160.7 | 89.2 | 188.2 | 158.3 |
| Cash at End | 12,797.6 | 2,556.6 | 1,483.5 | 3,248.7 | 1,328.5 | 291.5 | 217.5 | 160.7 | 89.2 | 188.2 |
| Free Cash Flow | 654.4 | 1,143.6 | 722.9 | 216.2 | 463.5 | (49.1) | (25.9) | 129.3 | (97.2) | 28.8 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 3,629.8 | 2,894.8 | 2,352.3 | 1,175.3 | 851.7 | 757.5 | 549.2 | 384.5 | 317.9 | 328.3 | 345.9 | 368.0 | 358.1 |
| Gross Profit | 2,712.1 | 1,287.2 | 1,692.9 | 862.3 | 825.3 | 757.5 | 549.2 | 384.5 | 317.9 | 328.3 | 345.9 | 368.0 | 0 |
| Operating Income | 1,160.8 | 836.3 | 683.5 | 270.5 | 68.6 | 56.6 | 12.2 | 45.2 | 25.2 | 26.3 | 22.7 | 15.1 | (9.1) |
| Net Income | 308.2 | 218 | 128 | 91.6 | 56.5 | 43.8 | 36.4 | 10.2 | 17.5 | 20.5 | 17.6 | 17.9 | (5.1) |
| EPS (Diluted) | 3.87 | 2.72 | 1.82 | 1.36 | 0.80 | 0.72 | 0.60 | 0.17 | 0.29 | 0.34 | 0.29 | 0.29 | -0.08 |
| Balance Sheet | |||||||||||||
| Cash & Equivalents | 6,378 | 2,556.6 | 1,483.5 | 910.1 | 712 | 291.5 | 217.5 | 160.7 | 89.2 | 188.2 | |||
| Total Assets | 34,675.1 | 24,312.5 | 17,611.6 | 15,743.9 | 5,264.6 | 3,766.8 | 2,580.0 | 1,394.9 | 1,084.7 | 1,135.3 | |||
| Total Debt | 10,167.8 | 6,139.8 | 5,387.8 | 5,729 | 1,290.1 | 246.8 | 12.9 | 0 | 0 | 0 | |||
| Stockholders' Equity | 1,263.8 | 976.9 | 775.9 | 677.7 | 477.7 | 443.8 | 417.8 | 381.9 | 372.4 | 373.8 | |||
| Cash Flow | |||||||||||||
| Operating Cash Flow | 667.5 | 1,163.5 | 735 | 225.6 | 470.8 | (45.8) | (23.1) | 130.3 | (95.5) | 30.1 | |||
| Capital Expenditure | (13.1) | (19.9) | (12.1) | (9.4) | (7.3) | (3.4) | (2.8) | (1.0) | (1.7) | (1.3) | |||
| Free Cash Flow | 654.4 | 1,143.6 | 722.9 | 216.2 | 463.5 | (49.1) | (25.9) | 129.3 | (97.2) | 28.8 | |||