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Marex Group (Marex Group) Pretax Margin % : 8.72% (As of Mar. 2024)


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What is Marex Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Marex Group's Pre-Tax Income for the three months ended in Mar. 2024 was $58.9 Mil. Marex Group's Revenue for the three months ended in Mar. 2024 was $675.1 Mil. Therefore, Marex Group's pretax margin for the quarter that ended in Mar. 2024 was 8.72%.

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

MRX' s Pretax Margin % Range Over the Past 10 Years
Min: 8.21   Med: 8.35   Max: 10.35
Current: 8.73


MRX's Pretax Margin % is not ranked
in the Capital Markets industry.
Industry Median: 18.75 vs MRX: 8.73

Marex Group Pretax Margin % Historical Data

The historical data trend for Marex Group's Pretax 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 Pretax Margin % Chart

Marex Group Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
8.21 10.35 8.35

Marex Group Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Pretax Margin % - - 4.99 - 8.72

Competitive Comparison of Marex Group's Pretax Margin %

For the Capital Markets subindustry, Marex Group's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Capital Markets Industry

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

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



Marex Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=196.5/2352.3
=8.35 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=58.9/675.1
=8.72 %

* 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  (NAS:MRX) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Marex Group Pretax 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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