Marex (MRX) Tax Rate (2023 - 2026)

Marex (MRX) posted Tax Rate of 25.03% for Q1 2026, down 115.32% quarter-over-quarter from 163.4% in Q4 2025, and up 99.0% year-on-year from 12.58% in Q1 2025.

Marex (MRX) Tax Rate (2023 - 2026) Analysis & Trends

Marex (MRX) has reported Tax Rate for 4 consecutive years, with 25.03% the latest figure, recorded in Q1 2026.

  • Tax Rate for Q1 2026 came in at 25.03%, up 99.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 42.04% (up 2619.0% YoY), and the FY2025 annual result was 25.19%, down 111.0% from the prior year.
  • Tax Rate was 25.03% for Q1 2026 at Marex, down from 163.4% in the prior quarter.
  • Over five years, Tax Rate peaked at 163.4% in Q4 2025 and troughed at 26.02% in Q1 2025.
  • Average Tax Rate over 4 years is 18.82%, with a median of 23.48% recorded in 2024.
  • The widest YoY moves for Tax Rate: up 13917 bps in 2025, down 12 bps in 2025.
  • Over 4 years, Tax Rate stood at 21.48% in 2023, then soared by 213 bps to 24.23% in 2024, then surged by 574 bps to 163.4% in 2025, then tumbled by 115 bps to 25.03% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 25.03% in Q1 2026, 163.4% in Q4 2025, and 25.47% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 19.58%
2 Goldman Sachs 309.79 Bn -627.76 Bn - 13.20%
3 Schwab Charles 167.21 Bn 122.24 Bn - 22.24%
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -16.38%
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 15.82%
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 26.45%
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 23.03%
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 2.47%
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.46%
10 Marex 4.68 Bn 4.68 Bn - -25.03%

Historic Data

Download Data
DateValue
Mar 31, 2026 -25.03%
Mar 31, 2026 -25.03%
Dec 31, 2025 -23.11%
Dec 31, 2025 -23.11%
Sep 30, 2025 25.47%
Sep 30, 2025 25.47%
Jun 30, 2025 -25.28%
Jun 30, 2025 -25.28%
Mar 31, 2025 -26.02%
Mar 31, 2025 -26.02%
Dec 31, 2024 -100.00%
Dec 31, 2024 -100.00%
Sep 30, 2024 25.59%
Sep 30, 2024 25.59%
Jun 30, 2024 -22.73%
Jun 30, 2024 -22.73%
Mar 31, 2024 -25.98%
Mar 31, 2024 -25.98%
Dec 31, 2023 -21.48%
Dec 31, 2023 -21.48%