Marex (MRX) Tax Rate (2024 - 2025)
Marex's Tax Rate came in at -24.56% for the quarter ended Mar 31, 2026, up 1.92 percentage points from -26.48% a year earlier but down 1.45 percentage points from the prior quarter.
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Analysis
Marex (MRX) Tax Rate (2024 - 2025) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Marex reported Tax Rate of -24.63%, down 9.17 percentage points year-over-year; for the year ended Dec 31, 2025, it was -25.19%, up 1.11 percentage points from the prior year.
- Tax Rate carries a three-year change of -5.95 percentage points (years ended Dec 2022 to Dec 2025).
- Going back by year, Tax Rate was -26.30% in the year ended Dec 31, 2024 (+1.79 pp), -28.09% in the year ended Dec 31, 2023 (-8.85 pp) and -19.24% in the year ended Dec 31, 2022.
- The five-year range for quarterly Tax Rate is -29.17% (the quarter ended Jun 30, 2024) to -6.57% (the quarter ended Dec 31, 2024).
- Year-over-year, Tax Rate increased in four of the last six quarters, with an average year-over-year change of +0.03 percentage points.
- Business Quant data shows MRX's Tax Rate at -23.11% (quarter ended Dec 31, 2025), -25.47% (quarter ended Sep 30, 2025) and -25.55% (quarter ended Jun 30, 2025) in the three quarters before the quarter ended Mar 31, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 21.53% |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 24.24% |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | 19.18% |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 22.36% |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | 8.10% |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 28.62% |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | 26.43% |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 23.50% |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 7.84% |
| 10 | Marex | 4.95 Bn | -7.97 Bn | - | - |
API Access
Marex Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();