Freedom Holding vs Marex Group
Freedom Holding and Marex Group are similar in size: $2.19bn and $2.02bn of revenue in their latest fiscal years. Marex Group grew faster (26.9% against 9.3%). Marex Group kept more of each dollar of sales as profit: a net margin of 14.5% against 7.0%.
| Latest fiscal year | Freedom HoldingFRHC, 2026 | Marex GroupMRX, 2025 |
|---|---|---|
| Revenue | $2.19bn | $2.02bn |
| Revenue growth | 9.3% | 26.9% |
| Net income | $153m | $294m |
| Operating margin | — | — |
| Net margin | 7.0% | 14.5% |
| Return on equity | 11.3% | 28.7% |
| Free cash flow | −$13.5m | $654m |
| Cash | $966m | $2.88bn |
| Total debt | $1.26bn | $200m |
| Debt to equity | — | 17.1% |
| Dividend per share | — | — |
| Dividend yield | — | 1.1% |
| Share buybacks | — | $44.1m |
| Employees | — | — |
| Market value | $11.53bn | $5.19bn |
| Price vs our value range | — | — |
| Moat score | 67 (Moderate) | — |
| Insider trades, 12 months | 2 buys, 26 sales | 0 buys, 39 sales |