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Marex Group (Marex Group) Gross Margin % : 39.03% (As of Mar. 2024)


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What is Marex Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Marex Group's Gross Profit for the three months ended in Mar. 2024 was $263.5 Mil. Marex Group's Revenue for the three months ended in Mar. 2024 was $675.1 Mil. Therefore, Marex Group's Gross Margin % for the quarter that ended in Mar. 2024 was 39.03%.


The historical rank and industry rank for Marex Group's Gross Margin % or its related term are showing as below:

MRX' s Gross Margin % Range Over the Past 10 Years
Min: 28.44   Med: 42   Max: 43.99
Current: 39.03


During the past 3 years, the highest Gross Margin % of Marex Group was 43.99%. The lowest was 28.44%. And the median was 42.00%.

MRX's Gross Margin % is ranked worse than
58.93% of 599 companies
in the Capital Markets industry
Industry Median: 49.36 vs MRX: 39.03

Marex Group had a gross margin of 39.03% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Marex Group was 0.00% per year.


Marex Group Gross Margin % Historical Data

The historical data trend for Marex Group's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Marex Group Gross Margin % Chart

Marex Group Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
28.44 42.00 43.99

Marex Group Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Gross Margin % - - 40.37 - 39.03

Competitive Comparison of Marex Group's Gross Margin %

For the Capital Markets subindustry, Marex Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marex Group's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marex Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Marex Group's Gross Margin % falls into.



Marex Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Marex Group's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1034.8 / 2352.3
=(Revenue - Cost of Goods Sold) / Revenue
=(2352.3 - 1317.5) / 2352.3
=43.99 %

Marex Group's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=263.5 / 675.1
=(Revenue - Cost of Goods Sold) / Revenue
=(675.1 - 411.6) / 675.1
=39.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Marex Group  (NAS:MRX) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Marex Group had a gross margin of 39.03% for the quarter that ended in Mar. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Marex Group Gross Margin % Related Terms

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Marex Group (Marex Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
155 Bishopsgate, London, GBR, EC2M 3TQ
Marex Group PLC is a company that offers a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. It provides critical services to the clients by connecting them to global exchanges and providing a range of execution and hedging services across a range of its asset and products. They operate in a large and fragmented market with significant infrastructure requirements and regulatory and technological complexity, resulting in high barriers to entry.

Marex Group (Marex Group) Headlines

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