Marex Group plc Ordinary Shares
- Open
- 61.63
- Day high
- 66.82
- Day low
- 60.95
- Prev close
- 60.95
- Volume
- 378K
- Mkt cap
- $4.8B
- P/E (TTM)
- 11.3
- EPS (TTM)
- $5.85
- P/B
- 3.8
- P/S
- 0.7
- Yield
- 0.92%
- Per share
- $0.61
- ▼Insiders net selling -$7.9M over the last 3 months (0 open-market buys, 20 sales)
- 🏛Institutions accumulating (13F)
Marex Group plc Ordinary Shares (MRX) is a Financial Services company listed on NASDAQ. The stock is up 56% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 20 sales (SEC Form 4).
Marex Group plc Ordinary Shares (MRX) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 4 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
MRX earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 6, 2026 | $1.38 | $1.48 | +7.2% | $692M | +1.4% |
| May 15, 2025 | $0.89 | $0.91 | +1.9% | $2.2B | +373.4% |
| Nov 7, 2024 | $0.68 | $0.76 | +11.8% | $740M | +96.3% |
| Apr 26, 2024 | — | $0.71 | — | $721M | — |
| Jun 30, 2021 | — | $0.40 | — | $413M | — |
| Jun 30, 2020 | — | $0.36 | — | $379M | — |
| Jun 30, 2019 | — | $0.30 | — | $275M | — |
MRX insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 16, 2026 | Tonucci Paoloofficer: See Remarks | Sell | 809 | $63.00 |
| Jun 16, 2026 | Lowitt Ian Tdirector, officer: Chief Executive Officer | Sell | 32,813 | $62.29 |
| Jun 16, 2026 | Lowitt Ian Tdirector, officer: Chief Executive Officer | Sell | 4,330 | $62.94 |
| Jun 16, 2026 | Tonucci Paoloofficer: See Remarks | Sell | 1,658 | $61.74 |
| Jun 16, 2026 | Tonucci Paoloofficer: See Remarks | Sell | 14,199 | $62.51 |
| Jun 11, 2026 | Myers Linda Kristinedirector | Grant | 2,070 | — |
| Jun 11, 2026 | Pickering Robert Markdirector | Grant | 2,070 | — |
| Jun 11, 2026 | Assi Georgesdirector | Grant | 2,070 | — |
| Jun 11, 2026 | Schweinitz Konstantin Graf vondirector | Grant | 2,070 | — |
| Jun 11, 2026 | Ing Sarahdirector | Grant | 2,070 | — |
| Jun 11, 2026 | Pietrowicz John W.director | Grant | 2,070 | — |
| Jun 3, 2026 | Texier Thomasofficer: Group Head of Clearing | Sell | 269 | $53.98 |
| Jun 3, 2026 | Texier Thomasofficer: Group Head of Clearing | Sell | 1,303 | $53.22 |
| Jun 2, 2026 | Myers Linda Kristinedirector | Tax | 1,115 | $52.94 |
| Jun 2, 2026 | Pietrowicz John W.director | Tax | 558 | $52.94 |
Source: MRX SEC Form 4 filings, latest Jun 16, 2026. For informational purposes only — not investment advice.
See the full MRX insider & 13F page →Marex Group plc Ordinary Shares company profile
Overview
Marex Group plc (LSE:MRX) is a London-based financial services platform provider that specializes in commodities and energy markets. Founded in 2005 and publicly listed since 1990, the company has evolved into a leading independent intermediary connecting clients to global commodity, energy, and financial markets. Marex serves as a critical infrastructure provider in these markets, offering clearing, execution, market-making, and risk management services to over 5,000 active clients worldwide. The company successfully completed an IPO in 2024, marking a significant milestone in its growth trajectory as it expanded its geographic reach and client base across the United Kingdom, United States, and international markets.
Business
Marex operates as a financial services platform that provides essential infrastructure and liquidity services in the complex world of commodities trading and energy markets. To understand what Marex does, it's helpful to know that commodity markets involve the trading of raw materials like metals (gold, silver, copper), agricultural products (wheat, corn, soybeans), and energy products (oil, natural gas, electricity). These markets require specialized intermediaries to facilitate trading, manage risk, and ensure transactions are properly cleared and settled. The company operates through four distinct business segments: 1. Clearing (approximately 4% of revenue): This segment provides futures commission merchant (FCM) services, which means Marex acts as an intermediary that clears and settles trades on behalf of clients on major exchanges. When a client wants to trade commodity futures contracts, Marex ensures the trade is properly executed and guaranteed, managing the associated counterparty risk. This segment generated $125 million in revenue in 2024, representing strong growth as Marex ranked as the #1 non-bank FCM globally. 2. Agency and Execution (approximately 66% of revenue): This is Marex's largest business segment, providing execution services across multiple asset classes. The company acts as an agent, executing trades for clients in securities (stocks and bonds), foreign exchange, energy products (oil, power, gas), and shipping/freight markets. This segment includes both electronic trading platforms and traditional voice brokerage services, generating $192 million in quarterly revenue with particularly strong performance in securities trading. 3. Market Making (approximately 15% of revenue): In this role, Marex provides liquidity to commodity markets by continuously quoting buy and sell prices for various commodity products. Market makers profit from the spread between bid and ask prices while providing essential liquidity that allows other market participants to trade efficiently. Marex focuses on metals, agricultural products, and energy markets in this capacity. 4. Hedging and Investment Solutions (approximately 15% of revenue): This segment offers customized over-the-counter (OTC) derivatives and risk management solutions. Companies that produce, consume, or trade commodities use these services to hedge against price volatility. For example, an airline might use Marex's services to hedge against fuel price increases, or a wheat producer might hedge against falling grain prices.
Risks & safety
Marex demonstrates adequate financial stability with some leverage concerns typical of financial services firms, though recent profitability improvements provide reasonable margin of safety. • Liquidity Position: Strong cash position of $2.6 billion in cash and short-term investments with current ratio of 1.09, indicating adequate short-term liquidity management • Debt and Leverage: High debt-to-equity ratio of 6.28 reflects the capital-intensive nature of clearing and market-making operations, though this is typical for financial intermediaries handling client collateral • Profitability Metrics: Strong return on equity of 22% and improving margins indicate efficient capital utilization and operational leverage • Valuation Metrics: Attractive P/E ratio of 11.5 and EV/EBITDA of 7.0 suggest reasonable valuation relative to earnings growth trajectory • Cash Generation: Robust free cash flow of $1.14 billion demonstrates strong cash conversion and ability to fund growth investments • Other Considerations: Regulatory capital requirements and client collateral management create inherent complexity in assessing true financial risk, while diversified revenue streams across multiple market segments provide some stability during volatile periods
Recent development
Over the past few years, Marex has executed a comprehensive growth strategy focused on geographic expansion, market share gains, and strategic acquisitions. The company's most significant milestone was its successful IPO in 2024, which provided capital for expansion and resulted in a 64% increase in share price, validating the market's confidence in the business model. Strategic acquisitions have been central to Marex's growth strategy. The company acquired Hamilton Court Group, a UK-based foreign exchange specialist, expanding its capabilities in FX markets. Additionally, the acquisition of Aarna Capital, an Abu Dhabi-based clearing firm, strengthened Marex's presence in Middle Eastern markets and enhanced its clearing capabilities in the EMEA region. The company has achieved impressive organic growth across all business segments. In clearing services, Marex expanded its market position to become the #1 non-bank FCM globally and 8th overall, with contract volumes increasing 27% year-over-year. The Agency and Execution segment showed robust growth with securities revenue up 25% and energy revenue up 17%, driven by both new client acquisition and increased activity from existing clients. Client base expansion has been particularly successful, with active clients growing to over 5,000 by the end of 2024, while high-value clients generating over $1 million in revenue increased 17% to 270 clients. This demonstrates both breadth and depth in client relationship development. Looking forward, Marex has outlined an active M&A pipeline with expectations of completing 4-5 transactions in 2025, focusing on bolt-on acquisitions across all business segments. The company is also investing in technology platforms including Neon (trading, risk, and data platform) and Agile (commodity broking platform) to enhance client service capabilities and operational efficiency.
MRX company profile · for informational purposes only — not investment advice.
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