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| Date | Value |
|---|---|
| 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% |