Skip to content
Baker Capital StrategiesMARKETS. FILINGS. PERSPECTIVE.
Powered by THEMA

BAKER CAPITAL STRATEGIES

Get the free weekly BCS email.

Selected company filings and market updates, delivered by email. Your first report will follow soon.

  • Your weekly BCS reportMarket updates and links to filings you can explore.
  • THEMA at launchWe’ll send directions for setting up your filing alerts when THEMA officially opens.

One signup for the weekly email and your free THEMA Basic account at launch.

Already registered or a CSW member?Log in to THEMA →

At least 8 characters. This also creates your free THEMA account for launch.

You’re signing up for the weekly BCS email and THEMA launch/setup updates. Unsubscribe using the link in any email. Privacy policy · Terms

BCS

Company research

Marex Group Ltd

CIK 1997464Updated Nov 3, 2026

Name history
Marex Group plc · through Jul 1, 2026

MRX price & chart

Provider market data

Loading TradingView…

NASDAQ:MRX on TradingView ↗

TradingView · Data may be delayed

About the company

Marex is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. We provide critical services to our clients by connecting them to global exchanges and providing a range of execution and hedging services across a range of our assets and products. We operate in a large and fragmented market with significant infrastructure requirements and regulatory and technological complexity, resulting in high barriers to entry. Moreover, our market is characterized by reduced competitive intensity as we believe many large banks and other financial institutions have reduced their participation in this part of the financial ecosystem. We consider these trends to elevate our value proposition and support our growth, as the scale and diversity of our business enable us to effectively service an underserved and growing global client base.

424B4 · 2025-04-17 · 0001193125-25-083415

Company description from the cited filing.

In the news

Seeking Alpha

Recent filings

  1. 424B2 filing

    424B2 · 2026-11-03 · 0001104659-26-121814

  2. 424B2 filing

    424B2 · 2026-11-03 · 0001104659-26-121796

  3. 424B2 filing

    424B2 · 2026-11-03 · 0001104659-26-121790

  4. 424B2 filing

    424B2 · 2026-11-02 · 0001104659-26-121137

  5. 424B2 filing

    424B2 · 2026-11-02 · 0001104659-26-121129

Show 5 more recent filings
  1. 424B2 filing

    424B2 · 2026-11-02 · 0001104659-26-121085

  2. 424B2 filing

    424B2 · 2026-11-02 · 0001104659-26-121062

  3. 424B2 filing

    424B2 · 2026-10-28 · 0001104659-26-119461

  4. 424B2 filing

    424B2 · 2026-10-27 · 0001104659-26-119038

  5. 6-K filing

    6-K · 2026-10-27 · 0001193125-26-432653

Financials

FY 2025 · USD
Revenue2,024,100,000USD · FY 2025
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

Net income293,900,000USD · FY 2025
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

Assets—USD · FY 2025
Cash— · FY 2025
Operating income— · FY 2025
Diluted EPS3.86USD per share · FY 2025
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

Balance-sheet figures are unavailable pending verification.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023
Cash flows from operating activities:
Profit or LossUSD307,700,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

218,000,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

141,300,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

Cash flows from financing activities:
Dividends paid—
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

—
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

—
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

Additional Financial Items
AdjustmentsForCurrentTaxOfPriorPeriodUSD3,900,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

100,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

1,900,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

AdjustmentsForDeferredTaxOfPriorPeriodsUSD-800,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

-5,600,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

-8,700,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

AdjustmentsForUnrealisedForeignExchangeLossesGainsUSD—-1,600,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

-100,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

DividendsPaidClassifiedAsFinancingActivitiesUSD55,500,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

77,100,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

58,300,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

GoodwillUSD237,400,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

As of 2025-12-31

176,500,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

As of 2024-12-31

163,600,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

As of 2023-12-31

IncomeTaxesPaidRefundClassifiedAsOperatingActivitiesUSD140,900,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

58,100,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

55,900,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

InterestPaidClassifiedAsOperatingActivitiesUSD751,100,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

521,900,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

470,200,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

InterestReceivedClassifiedAsOperatingActivitiesUSD908,900,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

768,300,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

595,000,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

OtherAdjustmentsToReconcileProfitLossUSD—15,500,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

-9,100,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesUSD18,000,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

15,000,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

11,400,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

PaymentsToAcquireOrRedeemEntitysSharesUSD44,100,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

19,800,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

3,100,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

ProceedsFromBorrowingsClassifiedAsFinancingActivitiesUSD170,000,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

152,000,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

0
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

PurchaseOfIntangibleAssetsClassifiedAsInvestingActivitiesUSD6,700,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

8,200,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

3,100,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

RepaymentsOfBorrowingsClassifiedAsFinancingActivitiesUSD142,200,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

0
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

148,700,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023
Total RevenueUSD2,024,100,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

1,594,700,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

1,244,600,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

Additional Financial Items
BasicEarningsLossPerShareUSD per share4.12
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

2.96
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

1.94
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

CurrentTaxExpenseIncomeUSD100,600,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

83,300,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

62,000,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

DeferredTaxExpenseIncomeRecognisedInProfitOrLossUSD-800,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

-5,600,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

-8,700,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

DepreciationAndAmortisationExpenseUSD36,100,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

29,500,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

27,100,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

DepreciationRightofuseAssetsUSD1,300,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

10,700,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

9,700,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

DilutedEarningsLossPerShareUSD per share3.86
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

2.72
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

1.82
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

EmployeeBenefitsExpenseUSD1,234,200,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

971,100,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

770,300,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsedUSD2,600,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

1,500,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

2,200,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilitiesUSD13,300,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

10,700,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

8,700,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

ImpairmentLossRecognisedInProfitOrLossGoodwillUSD0
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

0
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

10,700,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

IncomeTaxExpenseContinuingOperationsUSD103,700,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

77,800,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

55,200,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

InterestExpenseUSD760,200,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

538,100,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

470,200,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

InterestExpenseOnLeaseLiabilitiesUSD5,300,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

3,500,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

2,400,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

OtherIncomeUSD7,400,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

6,300,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

3,400,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

PostemploymentBenefitExpenseDefinedContributionPlansUSD15,100,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

11,800,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

8,900,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

ProfessionalFeesExpenseUSD98,900,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

87,500,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

61,400,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

ProfitLossAttributableToNoncontrollingInterestsUSD500,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

13,300,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

13,300,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

ProfitLossAttributableToOwnersOfParentUSD293,900,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

204,700,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

128,000,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

ProfitLossBeforeTaxUSD411,600,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

295,800,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

196,500,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

RevenueFromInterestUSD912,800,000
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

765,200,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

591,800,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethodUSD0
Source

20-F · 2026-03-25 · 0001997464-26-000018

2025-01-01 to 2025-12-31

0
Source

20-F · 2025-03-21 · 0001997464-25-000015

2024-01-01 to 2024-12-31

800,000
Source

20-F · 2025-03-21 · 0001997464-25-000015

2023-01-01 to 2023-12-31

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-286522

424B4 · 2025-04-17 · 0001193125-25-083415

Terms from the governing filing for this registration; not a claim that the offering is open today.

Gross proceeds
365074971.0
Net proceeds
350471972.16
Deal price
35.5
Shares
10283802
Offering amount
$365,074,971.00
Offering price
market-price
Ticker
MRX

Filing attachments

d140103dex991.htm · 6-K · 2026-10-27

Exhibit 99.1 Marex appoints Kory Sorenson to Group Board NEW YORK, Oct. 27, 2026 (GLOBE NEWSWIRE) - Marex Group Limited (‘Marex’ or the ‘Group’, NASDAQ: MRX), the diversified global financial services platform, today announces that Kory Sorenson will join the Group Board with effect from 2 November 2026. Kory is a financial markets expert with more than 30 years of experience across governance, financial strategy and risk oversight at listed and privately owned organizations globally. She cur…

6-K · 2026-10-27 · 0001193125-26-432653

Read attachment ↗
d135205dex42.htm · POSASR · 2026-07-06

Exhibit 4.2 FIRST SUPPLEMENTAL INDENTURE Dated as of July 6, 2026 Among MAREX GROUP LIMITED, as Successor Issuer MAREX UK HOLDINGS LIMITED (formerly known as MAREX GROUP PLC), as Predecessor Issuer and THE BANK OF NEW YORK MELLON, as Trustee Supplementing that Certain SENIOR INDENTURE Dated as of August 4, 2025 Between Marex Group plc, as Issuer and The Bank of New York Mellon, as Trustee SENIOR DEBT SECURITIES TABLE OF CONTENTS …

POSASR · 2026-07-06 · 0001193125-26-295572

Read attachment ↗
d149139dex411.htm · POSASR · 2026-07-06

Exhibit 4.11 FIRST SUPPLEMENTAL INDENTURE Dated as of July 6, 2026 Among MAREX GROUP LIMITED, as Successor Issuer MAREX UK HOLDINGS LIMITED (formerly known as MAREX GROUP PLC), as Predecessor Issuer and CITIBANK, N.A., as Trustee Supplementing that Certain INDENTURE Dated as of May 1, 2025 Between Marex Group plc, as Issuer and Citibank, N,.A., as Trustee CONTINGENT CAPITAL CONVERTIBLE SECURITIES TABLE OF CONTENTS …

POSASR · 2026-07-06 · 0001193125-26-295568

Read attachment ↗
d149139dex46.htm · POSASR · 2026-07-06

Exhibit 4.6 FIFTH SUPPLEMENTAL INDENTURE Dated as of July 6, 2026 Among MAREX GROUP LIMITED, as Successor Issuer MAREX UK HOLDINGS LIMITED (formerly known as MAREX GROUP PLC), as Predecessor Issuer and CITIBANK, N.A., as Trustee Supplementing that Certain SENIOR INDENTURE Dated as of October 15, 2024 Between Marex Group plc, as Issuer and Citibank, N.A., as Trustee SENIOR DEBT SECURITIES 6.404% Senior Notes Due 2029 5.829% Senior Notes Due 2028 5.680% Senior Notes Due 2031 TABLE …

POSASR · 2026-07-06 · 0001193125-26-295568

Read attachment ↗
d149139dex49.htm · POSASR · 2026-07-06

Exhibit 4.9 FIRST SUPPLEMENTAL INDENTURE Dated as of July 6, 2026 Among MAREX GROUP LIMITED, as Successor Issuer MAREX UK HOLDINGS LIMITED (formerly known as MAREX GROUP PLC), as Predecessor Issuer and CITIBANK, N.A., as Trustee Supplementing that Certain SUBORDINATED INDENTURE Dated as of May 1, 2025 Between Marex Group plc, as Issuer and Citibank, N,.A., as Trustee SUBORDINATED DEBT SECURITIES TABLE OF CONTENTS …

POSASR · 2026-07-06 · 0001193125-26-295568

Read attachment ↗
d100552dex991.htm · 6-K · 2026-07-01

Exhibit 99.1 AMENDED AND RESTATED BYE-LAWS OF MAREX GROUP LIMITED CERTIFIED that the within-written bye-laws are a true copy of the bye-laws of Marex Group Limited (the “Company”) as approved and adopted as the bye-laws of the Company (the “Bye-Laws”) at the special general meeting of the members of the Company held on 9 April 2026. /s/ Camilla Hall Camilla Hall Duly Authorised For and on behalf of Compass Administration Services Ltd. Secretary Prepared by ASW Law Limited Bar…

6-K · 2026-07-01 · 0001193125-26-291648

Read attachment ↗

Privacy choices

BCS measures page use with Google Analytics using regional consent settings. You can change your preference here. Charts and market data remain available.

Essential functions — always available. Security, navigation, registration and remembering these choices.

Audience analytics

Analytics cookies are off by default for visitors Google identifies in the EEA, UK or Switzerland until allowed. Limited measurement without analytics cookies may still occur under those regional defaults.

TradingView charts, quotes and the economic calendar load automatically as page content. TradingView receives network and browser information and may collect its own usage analytics. This choice controls BCS’s Google Analytics only.

Google advertising is not enabled. Direct sponsor links do not load advertising trackers on BCS.

Turning analytics off stops future Google Analytics activity here. It does not erase information already received by the provider. Read the privacy policy.