Macquarie Group (ASX:MQG) Goodwill-to-Asset: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:MQG Macquarie Group Ltd ASX:MQG
73 GF Score
Price A$239.03
GF Value A$379.31
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Macquarie Group Goodwill-to-Asset?

Macquarie Group ASX:MQG -2.45% 73 Goodwill-to-Asset is 0.00 as of Mar. 2026. GuruFocus rates ASX:MQG with a GF Score™ of 73/100 and a GF Value™ of A$379.31 (Possible Value Trap). The stock has 8 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Macquarie Group's Goodwill for the quarter that ended in Mar. 2026 was A$1,321 Mil. Macquarie Group's Total Assets for the quarter that ended in Mar. 2026 was A$539,742 Mil. Therefore, Macquarie Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.00.


Macquarie Group  (ASX:MQG) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Macquarie Group Goodwill-to-Asset Related Terms


Macquarie Group Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Macquarie Group's Goodwill-to-Asset 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.

Macquarie Group Goodwill-to-Asset Chart

Macquarie Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.00 0.00

Macquarie Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Goodwill-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.00 0.00 0.00 0.00

ASX:MQG vs MS, GS, SCHW: Goodwill-to-Asset Comparison

For the Capital Markets subindustry, Macquarie Group's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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.


Macquarie Group Goodwill-to-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Macquarie Group's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Macquarie Group's Goodwill-to-Asset falls into.


ASX:MQG
73GF Score
Macquarie Group Ltd ASX:MQG
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macquarie Group Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Macquarie Group's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Goodwill to Asset (A: Mar. 2026 )=Goodwill/Total Assets
=1321/539742
=0.00

Macquarie Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill to Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=1321/539742
=0.00

* 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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Macquarie Group (ASX:MQG) has a Goodwill-to-Asset of 0.00 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Macquarie Group and its competitors.
Is Macquarie Group's Goodwill-to-Asset too high?
Macquarie Group's current Goodwill-to-Asset is 0.00. Overall, Macquarie Group has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Macquarie Group's Goodwill-to-Asset compare to MS and GS?
Macquarie Group's Goodwill-to-Asset of 0.00 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 Goodwill-to-Asset for a Capital Markets company?
A good Goodwill-to-Asset depends on the Capital Markets industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Macquarie Group and its competitors. Macquarie Group's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macquarie Group stock overvalued right now?
Based on GuruFocus' analysis, Macquarie Group (ASX:MQG) is currently considered Possible Value Trap. The stock's GF Value™ is A$379.31, compared to a current price of A$239.03 — trading 37% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Macquarie Group's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Macquarie Group (ASX:MQG), the current Goodwill-to-Asset is 0.00 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.

Is Macquarie Group (ASX:MQG) Overvalued in 2026?

Based on GuruFocus' analysis, Macquarie Group stock appears to be undervalued. The current stock price of A$239.03 is trading 37% below its estimated GF Value™ of A$379.31. GuruFocus considers Macquarie Group to be Possible Value Trap.

Key valuation signals for ASX:MQG:

  • Goodwill-to-Asset: 0.00
  • GF Value™: A$379.31 vs. price of A$239.03 (37% below fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the ASX:MQG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macquarie Group Business Description

Address 1 Elizabeth Street, Level 1, Sydney, NSW, AUS, 2000
Macquarie Group began trading in 1969 as Hill Samuel Australia, obtained its bank licence in 1985, and listed in 1996. It's Australia's only sizable listed investment bank, now internationally diversified, operating in asset management, banking and wealth, risk and capital solutions, and advisory.
73GF Score

Get the complete analysis for ASX:MQG

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

A$239.03
Price
A$379.31
GF Value