Marex Group (Marex Group) ROCE % : 43.20% (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Marex Group ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Marex Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 43.20%.

Marex Group ROCE % Historical Data

The historical data trend for Marex Group's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marex Group ROCE % Chart

Marex Group Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

15.18

31.56

45.84

Marex Group Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
ROCE %	-	-	48.46	-	43.20

Marex Group ROCE % Calculation

Marex Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	666.7	/	( ( (15743.9 - 14561.9)	+	(17750.1 - 16023.2) )	/ 2 )
	=	666.7	/	( (1182	+	1726.9)	/ 2 )
	=	666.7	/	1454.45
	=	45.84 %

Marex Group's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	746	/	( ( (17750.1 - 16023.2)	+	(0 - 0) )	/ 1 )
	=	746	/	( ( 1726.9	+	0 )	/ 1 )
	=	746	/	1726.9
	=	43.20 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Marex Group (NAS:MRX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Marex Group ROCE % Related Terms

Thank you for viewing the detailed overview of Marex Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Marex Group (Marex Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Marex Group PLC (NAS:MRX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 Bishopsgate, London, GBR, EC2M 3TQ

Website

https://www.marex.com

Marex Group PLC is a company that offers a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. It provides critical services to the clients by connecting them to global exchanges and providing a range of execution and hedging services across a range of its asset and products. They operate in a large and fragmented market with significant infrastructure requirements and regulatory and technological complexity, resulting in high barriers to entry.

Marex Group (Marex Group) Headlines

From GuruFocus

Marex Group plc Announces Pricing of Initial Public Offering

By Marketwired • 04-25-2024