Marex (MRX) Tax Rate (2023 - 2026)
Marex (MRX) reported Tax Rate of 25.03% for Q1 2026, up 99.0% on a YoY basis from 12.58% in Q1 2025, and up 73.16% quarter-over-quarter from 93.26% in Q4 2025.
Marex (MRX) Tax Rate (2023 - 2026) Analysis & Trends
Marex has reported Tax Rate for 4 years, with the latest figure at 25.03% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 99.0% year-over-year to 25.03%; the trailing twelve-month figure through Mar 2026 stood at 41.8% (down 1552.0% YoY), and the FY2025 full-year result was 25.19%, down 111.0% from the prior year.
- Tax Rate for Q1 2026 stood at 25.03%, up from 93.26% in the prior quarter.
- The five-year high for Tax Rate was 25.03% in Q1 2026, with the low at 93.26% in Q4 2025.
- Historically, Tax Rate has averaged 33.0% across 4 years, with a median of 26.0% in 2025.
- Annual changes were most pronounced in 2024 — Tax Rate soared 156 bps — and 2025, when it plunged 6613 bps.
- Marex's Tax Rate stood at 28.68% in 2023, then climbed by 5 bps to 27.12% in 2024, then sank by 244 bps to 93.26% in 2025, then jumped by 73 bps to 25.03% in 2026.
- The last three Tax Rate figures came in at 25.03% (Q1 2026), 93.26% (Q4 2025), and 25.91% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 19.58 |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 13.20 |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 22.24 |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 15.82 |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 9.08 |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 26.45 |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 23.03 |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 2.46 |
| 10 | Marex | 6.49 Bn | 3.42 Bn | - | -25.03 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.03% |
| Mar 31, 2026 | -25.03% |
| Dec 31, 2025 | -93.26% |
| Dec 31, 2025 | -93.26% |
| Sep 30, 2025 | -25.91% |
| Sep 30, 2025 | -25.91% |
| Jun 30, 2025 | -25.97% |
| Jun 30, 2025 | -25.97% |
| Mar 31, 2025 | -26.02% |
| Mar 31, 2025 | -26.02% |
| Dec 31, 2024 | -27.12% |
| Dec 31, 2024 | -27.12% |
| Sep 30, 2024 | -26.08% |
| Sep 30, 2024 | -26.08% |
| Jun 30, 2024 | -25.97% |
| Jun 30, 2024 | -25.97% |
| Mar 31, 2024 | -25.98% |
| Mar 31, 2024 | -25.98% |
| Dec 31, 2023 | -28.68% |
| Dec 31, 2023 | -28.68% |