Last 12 quarters of trend data · Financial Services · Financial - Capital Markets
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Marex Group plc Ordinary Shares's quarterly P/E stands at 10.4x.
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 13.41 | 10.42 | 5.17 | 5.61 | 3.76 | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 1.03 | 0.23 | 1.41 | 0.28 | 0.49 | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/B Ratio | 3.13 | 2.31 | 2.55 | 2.50 | 1.64 | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/FCF | 5.70 | — | — | 0.87 | 0.81 | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 6.28 | 1.54 | 10.21 | 3.34 | 2.40 | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | 6.48 | 1.57 | 11.09 | 3.44 | 2.49 | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Marex Group plc Ordinary Shares's operating margin was 33.9% in Q4 2025, up 13.7 pp QoQ and up 50.1 pp YoY. The trailing four-quarter average of 31.8% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 19.5% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 74.7% | 80.5% | 38.8% | 46.2% | 39.3% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| — | -19.5% | -61.2% | -53.8% | -60.7% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | |
| Operating Margin | 32.0% | 33.9% | 20.2% | 20.3% | 52.9% | -16.2% | 0.8% | 18.1% | 8.3% | 8.3% | 4.8% | 4.8% | 2.2% |
| — | +309.2% | +2417.0% | +11.9% | +536.0% | -294.8% | -83.3% | +277.1% | +273.3% | — | — | — | — | |
| Net Margin | 8.5% | 7.4% | 15.3% | 5.3% | 13.9% | 7.0% | 7.8% | 15.8% | 6.8% | 6.8% | 5.8% | 5.8% | 6.6% |
| — | +5.6% | +96.2% | -66.1% | +103.1% | +2.4% | +35.1% | +172.3% | +3.3% | — | — | — | — |
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 27.5% | 19.5% | 7.3% | 12.4% | 12.4% | 6.7% | 12.9% | 9.4% | 6.0% | 6.2% | 5.0% | 5.2% | 4.4% |
| — | +191.7% | -42.8% | +31.5% | +106.1% | +7.0% | +156.5% | +82.3% | +38.2% | — | — | — | — | |
| ROA | 1.0% | 0.7% | 0.3% | 0.6% | 0.6% | 0.3% | 0.6% | 0.5% | 0.6% | 0.7% | 0.6% | 0.8% | 0.7% |
| — | +136.1% | -51.2% | +7.1% | +2.4% | -56.3% | -10.3% | -32.0% | -18.1% | — | — | — | — | |
| ROIC | 9.4% | 7.5% | 0.9% | 5.3% | 5.1% | -2.2% | 0.2% | 1.1% | 2.1% | 3.8% | 2.2% | 2.8% | 1.1% |
| — | +445.0% | +433.3% | +361.5% | +141.8% | -157.0% | -92.3% | -58.3% | +99.6% | — | — | — | — |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Marex Group plc Ordinary Shares's Debt/EBITDA ratio is 9.3x, down from 78.1x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 196.7% YoY to 3.16x, strengthening the short-term liquidity position. Debt/Equity has risen for 4 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q4 '25 | Q2 '25 | Q4 '24 | Q2 '24 | Q4 '23 | Q2 '23 | Q4 '22 | Q4 '21 | Q2 '21 | Q4 '20 | Q2 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 8.05 | 8.05 | 7.69 | 6.28 | 4.95 | 6.94 | 1.51 | 8.45 | 2.70 | 0.42 | 0.56 | 0.30 | 0.03 |
| — | +15.9% | +408.4% | -25.7% | +83.4% | +1569.1% | +172.1% | +2704.4% | +8614.9% | — | — | — | — | |
| Debt / EBITDA | 8.50 | 9.35 | 78.14 | 13.63 | 10.75 | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 3.16 | 3.16 | 1.32 | 1.09 | 1.09 | 1.07 | 4.98 | 1.05 | 0.89 | 8.20 | 2.38 | 2.46 | 2.58 |
| — | +196.7% | -73.6% | +3.8% | +22.5% | -87.0% | +109.0% | -57.2% | -65.5% | — | — | — | — | |
| Quick Ratio | 3.16 | 3.16 | 1.32 | 1.09 | 1.09 | 1.07 | 4.98 | 1.05 | 0.89 | 8.20 | 2.38 | 2.46 | 2.58 |
| — | +196.7% | -73.6% | +3.8% | +22.5% | -87.0% | +109.0% | -57.2% | -65.5% | — | — | — | — | |
| Interest Coverage | 1.54 | 1.41 | — | 1.06 | 3.13 | -0.58 | 1.60 | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 12 years · Updated daily
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Marex Group plc Ordinary Shares's current P/E is 13.4x. The average P/E over the last 4 quarters is 6.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Marex Group plc Ordinary Shares's current operating margin is 32.0%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Marex Group plc Ordinary Shares's business trajectory between earnings reports.