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MRX

Marex Group Limited

MRX

NASDAQ·Financial Services·Financial - Capital Markets·Mkt cap $5.6B

$78.27

+3.46%

P/E

10.68

Mkt Cap

$5.6B

52-Wk Range

$27.91–$78.38

52-Week Range

$27.91 - $78.38

P/E

10.68

Fwd P/E

12.98

Beta

-0.10

Div Yield

0.79%

Avg Vol

848.0K

Shares Out

71.9M

Mkt Cap

$5.6B

Price action

Price chart

Up 124.0% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Proprietary technology platforms (Neon and Agile) creating recurring revenue and client stickiness
  • Deep sector expertise and established relationships in energy, metals, and agricultural commodities
  • Diversified revenue model across execution, clearing, market-making, and solutions reducing cyclical risk
  • Global infrastructure spanning UK, US, and international markets with multi-asset class capabilities
  • Integrated platform approach providing clients end-to-end liquidity and risk management solutions

Bear Case

1 risk

  • Low volatility (beta -0.1).

Growth

Revenue decline expected

Increased commodity price volatility and hedging demand from energy transition and geopolitical uncertainty

Value

Trading at 0.8x Investment Banking & Capital Markets peers — a discount despite the growth profile.

Momentum

Hot

+42.0% over 3m

Quality

Excellent

High-growth business (306% revenue growth, 88% gross margin). Profitable with strong growth momentum.

Dividend

Modest

0.79% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Q3 26 RECAP

AUG 12, 2026

Reported EPS of $1.64 vs $1.36 consensus (+20.6% surprise). Revenue of $695.8M vs $625.3M expected (+11.3%). Beat on both top and bottom lines.

EPS beat +20.6%
Rev beat +11.3%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+20.6%

Revenue trend · last 8Q

-16%

+34%

+50%

-31%

+236%

-19%

+45%

+306%

Q4 22

Q2 23

Q4 23

Q2 24

Q4 24

Q2 25

Q4 25

Q2 26

$345.3M

$893.6M

$720.7M

$740.0M

$2.2B

$500.1M

$3.1B

$2.0B

Margins · last 8Q

Gross

100.0%

Operating

59.0%

Profit

13.2%

Wall Street consensus

6 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

6

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Goldman Sachs · Aug 14, 2026

vs Industry

How MRX stacks vs Financial - Capital Markets

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.