MRX (Marex Group) EBIT: $1,444 Mil (TTM As of Mar. 2026)


MRX Marex Group PLC MRX
17 GF Score
Price $64.19
! 9 Warning Signs
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What is Marex Group EBIT?

Marex Group MRX +0.11% 17 EBIT is $1,444 Mil as of Mar. 2026. GuruFocus rates MRX with a GF Score™ of 17/100. The stock has 9 warning signs investors should review.

Marex Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $366 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $1,444 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Marex Group's annualized ROC % for the quarter that ended in Mar. 2026 was 5.70%. Marex Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 178.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Marex Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.85%.

Marex Group  (NAS:MRX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Marex Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1450 * ( 1 - 25.03% )/( (19043.9 + 19105.4)/ 2 )
=1087.065/19074.65
=5.70 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=34675.1 - 12897.7 - ( 6480.8 - max(0, 30963.4 - 33696.9+6480.8))
=19043.9

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=36530.1 - 14777.7 - ( 6891.7 - max(0, 32777.5 - 35424.5+6891.7))
=19105.4

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Marex Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1464.8/( ( (110.9 + max(928.3, 0)) + (109.1 + max(491.59999999999, 0)) )/ 2 )
=1464.8/( ( 1039.2 + 600.69999999999 )/ 2 )
=1464.8/819.95
=178.65 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10993.2 + 483.7 + 12594.5) - (12897.7 + 0 + 10245.4)
=928.3

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10684.5 + 300.1 + 14285.1) - (14777.7 + 0 + 10000.4)
=491.59999999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Marex Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1444.1/8088.717
=17.85 %

* 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.

Marex Group EBIT Related Terms

Marex Group EBIT Historical Data

* Premium members only.

The historical data trend for Marex Group's EBIT 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.

Marex Group EBIT Chart

Marex Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
96.30 286.60 666.70 833.90 1,171.80

Marex Group Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 243.40 100.80 94.60 882.50 366.20

MRX vs PJT, ETOR, VIRT: EBIT Comparison

For the Capital Markets subindustry, Marex Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marex Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Marex Group's EV-to-EBIT falls into.


MRX
17GF Score
Marex Group PLC MRX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Marex Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,444 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $1,444 Mil mean?
Marex Group (MRX) has a EBIT of $1,444 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Marex Group.
Is Marex Group's EBIT too high?
Marex Group's current EBIT is $1,444 Mil. Overall, Marex Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Marex Group's EBIT compare to PJT and ETOR?
Marex Group's EBIT of $1,444 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Capital Markets company?
A good EBIT depends on the Capital Markets industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Marex Group. Marex Group's current EBIT is $1,444 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marex Group stock overvalued right now?
Marex Group (MRX) has a current EBIT of $1,444 Mil. The current EBIT is $1,444 Mil. Marex Group's overall GF Score™ is 17/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Marex Group (MRX), the current EBIT is $1,444 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Marex Group Business Description

Other Exchanges 8UU:Germany
Address 155 Bishopsgate, London, GBR, EC2M 3TQ
Marex Group PLC is a financial services platform, providing liquidity, market access, and infrastructure services to clients in the energy, commodities, and financial markets. The Group's operating segments are: Clearing, Agency and Execution, Market Making, Hedging and Investment Solutions, and Corporate. Maximum revenue is generated from the Agency and Execution segment, which offers liquidity and execution services to clients mainly in the energy and financial securities markets by connecting buyers and sellers in the energy markets, offering liquidity and risk management solutions for financial markets, and providing clearing, custody, capital introduction, portfolio financing, and outsourced trading services. Geographically, the Group generates maximum revenue from the United States.
17GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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