MRX on Nasdaq

Marex Group Ltd

Marex Group Ltd is a security and commodity brokers company based in Hamilton, Bermuda.2 Its shares trade on Nasdaq under the symbol MRX.2

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Last updated Oct 20, 2026.

Overview

$2.0BRevenue, fiscal 20253
$307.7MNet income, fiscal 20253

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  • TickerMRX on Nasdaq2
  • IndustrySecurity & Commodity Brokers, Dealers, Exchanges & Services2
  • HeadquartersHamilton, Bermuda2
  • Incorporated inBermuda4
  • Business addressCrawford House, 50 Cedar Avenue, Hamilton, Hm114
  • Filer categoryLarge accelerated filer4
  • Legal formExempted Companies Limited by Shares2
  • LEI254900V928MQRIAF8X792
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O COMPASS ADMINISTRATION SERVICES LTD., HM 11 Hamilton, Bermuda2
  • Registered withRegistrar of Companies (Ministry of Economic Development), 2025051042

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

15.2%Net margin3
26.9%Revenue growth, 20253
$654.4MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs42¢$852.5M
  • Interest38¢$760.2M
  • Income tax5¢$103.7M
  • Profit15¢$307.7M

Out of $2.0B in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Capital spending2¢$13.1M
  • Dividends paid8¢$55.5M
  • Share buybacks7¢$44.1M
  • Kept or used elsewhere83¢$554.8M

Out of $667.5M of cash from operations.3

Financial statements

Revenue63$2.0B in 2025+185% since 2022
0$1.0B$2.0B$3.0B2022: $711.1M$711.1M20222023: $1.2B$1.2B2023+75%2024: $1.6B$1.6B2024+28%2025: $2.0B$2.0B2025+27%
Net income63$307.7M in 2025+213% since 2022
0$100.0M$200.0M$300.0M$400.0M2022: $98.2M$98.2M20222023: $141.3M$141.3M2023+44%2024: $218.0M$218.0M2024+54%2025: $307.7M$307.7M2025+41%
Fiscal year20212022202320242025
Revenue$711.1M6$1.2B3$1.6B3$2.0B3
Interest$165.0M6$470.2M3$538.1M3$760.2M3
Income before tax$121.6M6$196.5M3$295.8M3$411.6M3
Income tax$23.4M6$55.2M3$77.8M3$103.7M3
Net income$98.2M6$141.3M3$218.0M3$307.7M3
Earnings per share$1.396$1.943$2.963$4.123
Earnings per share (diluted)$1.366$1.823$2.723$3.863
Shares (weighted, basic)66.1M shares666.0M shares369.2M shares371.4M shares3
Shares (weighted, diluted)67.6M shares670.3M shares375.3M shares376.1M shares3

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Corporate structure

Marex Group Ltd sits at the top of its group. 44 entities, 16 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Marex Group Ltd

  • PRICE T ROWE ASSOCIATES INC /MD/ Filed SCHEDULE 13G on Marex Group Ltd, latest Aug 14, 2026
  • JRJ Investor 1 Limited Partnership Filed SCHEDULE 13G/A on Marex Group Ltd, latest Aug 10, 2026 (3 filings since Nov 14, 2024)
  • MASP Investor Limited Partnership Filed SCHEDULE 13G/A on Marex Group Ltd, latest Aug 10, 2026 (3 filings since Nov 14, 2024)
  • FMR LLC Filed SCHEDULE 13G/A on Marex Group Ltd, latest Aug 6, 2026 (2 filings since May 6, 2026)
  • Ocean Ring Jersey Co Ltd Filed SCHEDULE 13G/A on Marex Group Ltd, latest Jul 28, 2025 (2 filings since Nov 14, 2024)
  • Marex Group Ltd Hamilton, Bermuda
    • E D & F Capital Markets Inc. New York, New York, United States
    • DARTON COMMODITIES LTD. Subsidiary · Guildford, United Kingdom
    • EAGLE ENERGY BROKERS, LLC Subsidiary · New York, New York, United States
    • EDGEMERE TERMINALS LIMITED Subsidiary · London, United Kingdom
    • I.L.S. BROKERS LTD (איי.אל.אס. ברוקרס בע"מ) Subsidiary · Tel Aviv, Israel
    • MAREX - SOCIETA' DI INTERMEDIAZIONE MOBILIARE S.P.A. Subsidiary · Milano, Italy
    • MAREX CAPITAL (AD) LIMITED Subsidiary · Abu Dhabi, United Arab Emirates
    • Marex Client Services Asia Limited Subsidiary · Hong Kong, Hong Kong
    • MAREX DERIVATIVE PRODUCTS INC. Subsidiary · New York, New York, United States
    • MAREX EUROPEAN HOLDINGS LIMITED Subsidiary · Dublin, Ireland
      • Marex SA Subsidiary · Paris, France
      • Valcourt SA Subsidiary · Geneve, Switzerland
    • Marex Financial Services Hong Kong Limited Subsidiary · Hong Kong, Hong Kong
    • MAREX FRANCE SAS Subsidiary · Paris, France
    • Marex Hong Kong Limited Subsidiary · Hong Kong, Hong Kong
    • MAREX MARKETS ASIA PTE. LTD. Subsidiary · Singapore, Singapore
    • MAREX MENA LIMITED Subsidiary · Dubai, United Arab Emirates
    • Marex Netherlands B.V. Subsidiary · Amsterdam, Netherlands
    • MAREX PAYMENTS S.R.L. Subsidiary · Milano, Italy
    • MAREX PROFESSIONAL TRADING SERVICES INC. Subsidiary · New York, New York, United States
    • MAREX PUERTO RICO LLC Subsidiary · Guaynabo, Puerto Rico
    • MAREX SECURITIES PRODUCTS INC. Subsidiary · New York, New York, United States
    • MAREX SIM SPA SUCURSAL EN ESPANA (MAREX SIM SPA SUCURSAL EN ESPAÑA) Subsidiary · Madrid, Spain
    • MAREX SPECTRON ASIA PTE. LTD. Subsidiary · Singapore, Singapore
    • MAREX SPECTRON EUROPE LIMITED Subsidiary · Dublin, Ireland
    • MAREX SPECTRON USA, LLC Subsidiary · Chicago, Illinois, United States
    • MAREX UK HOLDINGS LIMITED Subsidiary · London, United Kingdom
      • HPC INVESTMENT SERVICES LIMITED Subsidiary · London, United Kingdom
      • MAREX FINANCIAL Subsidiary · London, United Kingdom
      • MAREX FX LIMITED Subsidiary · London, United Kingdom
      • MAREX PRIME SERVICES LIMITED Subsidiary · London, United Kingdom
      • MAREX SPECTRON INTERNATIONAL LIMITED Subsidiary · London, United Kingdom
      • SPECTRON SERVICES LIMITED Subsidiary · London, United Kingdom
        • GLOBAL METALS NETWORK LIMITED Subsidiary · Hong Kong, Hong Kong
        • MAREX AUSTRALIA PTY LTD Subsidiary · Sydney, Australia
          • 1 more
        • MAREX TRADING INTERNATIONAL LIMITED Subsidiary · London, United Kingdom
      • W. S. (NOMINEES) LIMITED Subsidiary · London, United Kingdom
      • WINTERFLOOD GILTS LIMITED Subsidiary · London, United Kingdom
    • and 4 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Marex Group Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$34.0M3 Dec 31, 2025$20.8M3 Dec 31, 2024+63.5%
Operating-lease assets (leased space)$76.9M3 Dec 31, 2025$59.9M3 Dec 31, 2024+28.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.9B3 Dec 31, 2025$2.6B3 Dec 31, 2024+12.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$237.4M3 Dec 31, 2025$176.5M3 Dec 31, 2024+34.5%
Intangible assets, net (excluding goodwill)$98.0M3 Dec 31, 2025$56.5M3 Dec 31, 2024+73.5%

Leadership

Who has led Marex Group Ltd, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Ian T. Lowitt2026–now
  2. Nilesh Jethwa2026–now

Chief financial officer

  1. Rob Irvin2026–now
Board members and other officers (10)

Subsidiaries and ownership

Also consolidated

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Former names

  • Marex Group plcDec 6, 2023 to Jul 1, 20264

Timeline

  1. Mar 18, 2026New chief executive Nilesh Jethwa becomes CEO8
  2. Mar 18, 2026New chief executive Ian T. Lowitt becomes CEO7
  3. Oct 2, 2025Founded Marex Group Ltd is founded2

Calendar

Coming up

  1. Nov 5, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.96 a share, on Nov 6, 2025.18

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

368 filings to the SEC since October 2021: 2 annual reports, 52 insider forms, 11 large holders, 303 other. The latest 20:

  1. Oct 15, 2026424B2 PRICING SUPPLEMENT EDGAR
  2. Oct 15, 2026424B2 PRICING SUPPLEMENT EDGAR
  3. Oct 14, 20264 EDGAR
  4. Oct 14, 20264 EDGAR
  5. Oct 13, 2026144 EDGAR
  6. Oct 13, 2026424B2 PRICING SUPPLEMENT EDGAR
  7. Oct 13, 2026424B2 PRICING SUPPLEMENT EDGAR
  8. Oct 9, 2026424B2 PRICING SUPPLEMENT EDGAR
  9. Oct 8, 2026424B2 PRICING SUPPLEMENT EDGAR
  10. Oct 8, 2026424B2 PRICING SUPPLEMENT EDGAR
  11. Oct 7, 20266-K EDGAR
  12. Oct 7, 2026424B2 PRICING SUPPLEMENT EDGAR
  13. Oct 7, 2026424B2 PRICING SUPPLEMENT EDGAR
  14. Oct 6, 2026424B2 PRICING SUPPLEMENT EDGAR
  15. Oct 6, 2026424B2 PRICING SUPPLEMENT EDGAR
  16. Oct 6, 2026424B2 PRICING SUPPLEMENT EDGAR
  17. Oct 6, 2026N-PX EDGAR
  18. Oct 5, 2026424B2 PRICING SUPPLEMENT EDGAR
  19. Oct 5, 2026424B2 PRICING SUPPLEMENT EDGAR
  20. Oct 2, 2026424B2 PRICING SUPPLEMENT EDGAR

The 368 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

15 open-market trades by officers, directors and large owners since October 2021: 0 buys and 15 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 14, 2026Tonucci PaoloSee RemarksSale16,666$70.87$1.2MForm 4
Sep 14, 2026Van Den Born SimonPresidentSale15,271$70.87$1.1MForm 4
Aug 14, 2026Irvin RobChief Financial OfficerSale3,700$70.96$262.6KForm 4
Aug 10, 2026Tonucci PaoloSee RemarksSale16,668$60.92$1.0MForm 4
Jul 13, 2026Tonucci PaoloSee RemarksSale16,666$64.41$1.1MForm 4
Jul 13, 2026Lowitt Ian TChief Executive OfficerSale37,142$64.40$2.4MForm 4
Jun 15, 2026Tonucci PaoloSee RemarksSale16,666$62.46$1.0MForm 4
Jun 12, 2026Lowitt Ian TChief Executive OfficerSale37,143$62.37$2.3MForm 4
Jun 1, 2026Texier ThomasGroup Head of ClearingSale1,572$53.35$83.9KForm 4
May 11, 2026Tonucci PaoloSee RemarksSale16,668$55.93$932.2KForm 4
May 1, 2026Texier ThomasGroup Head of ClearingSale14,427$52.99$764.5KForm 4
Apr 20, 2026Van Den Born SimonPresidentSale13,265$50.96$676.0KForm 4
Apr 13, 2026Tonucci PaoloSee RemarksSale16,666$51.37$856.1KForm 4
Apr 1, 2026Van Den Born SimonPresidentSale13,264$43.51$577.1KForm 4
Apr 1, 2026Texier ThomasGroup Head of ClearingSale14,427$43.51$627.7KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Marex Group Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMarex Group Ltd1
  • CIK0001997464
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company24
  • Incorporated inX024
  • Fiscal year endsDecember 311
  • Industry code (SIC)6200 Security & Commodity Brokers, Dealers, Exchanges & Services1
  • SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
  • Business addressCrawford House, 50 Cedar Avenue, Hamilton, HM11, Bermuda1
  • Phone(441) 295-65001
  • Shares outstanding72,937,470 shares as of Dec 31, 202524
  • AuditorDeloitte LLP, London, United Kingdom PCAOB ID 1147; it also attests to the company’s internal control over financial reporting24
  • On EDGAR sinceDec 6, 20231
  • Filings368 in all: 424B2 (152), 4 (40), 6-K (39), 144 (26), 13F-HR (15), 3 (12), CORRESP (10), 424B3 (6)1
    All 33 form types

    SCHEDULE 13G/A (6), UPLOAD (6), DRSLTR (5), 424B4 (4), DRS (4), EFFECT (4), F-1 (4), FWP (4), DRS/A (3), F-1MEF (3), SC 13G (3), 20-F (2), 424B5 (2), F-1/A (2), F-3ASR (2), N-PX (2), POSASR (2), S-8 (2), SCHEDULE 13G (2), 144/A (1), 424B1 (1), 6-K/A (1), 8-A12B (1), CERT (1), S-8 POS (1)

  • Latest filingsAnnual report (20-F) Mar 25, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary shares, par value $ 0.001551MRXNASDAQ

From the cover page of the 20-F filed Mar 25, 2026 (Section 12(b) of the Exchange Act).24

Sources

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