Macquarie Group Limited (MQG) AI Stock Analysis

• Market Cap: AU$81.91B
• Dividend Yield: 2.9%
• Average Volume (3M): 559.20K
• Price to Earnings (P/E): 22.9
• Beta (1Y): 1.48
• Revenue Growth: 7.15%
• EPS Growth: 6.38%
• Country: AU
• Employees: 21,270
• Sector: Financial
• Sector Strength: 71
• Industry: Financial - Capital Markets
• EPS (TTM): 5.55
• Shares Outstanding: 381,138,430
• 10 Day Avg. Volume: 496,944
• 30 Day Avg. Volume: 559,198
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$221.42
• Price Target Upside: -1.19% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 7

• Rating: 61 Neutral
• Price Target: AU$233.00 ▲(3.98% Upside)

Macquarie Group Limited's overall stock score reflects a balance of mixed financial performance and stable technical indicators. The company's financials show operational challenges and revenue instability, but strong equity returns and improved cash flow efficiency are positives. Technical analysis suggests a stable outlook with potential for upward movement. Valuation metrics indicate the stock is fairly valued, with a moderate dividend yield providing additional appeal.

Macquarie Group Limited Business Overview & Revenue Model

Company Description

Macquarie Group Limited (MQG) is a global financial services organization headquartered in Sydney, Australia. It operates in various sectors including banking, financial advisory, investment management, and capital markets. The company is known for its expertise in managing infrastructure assets and providing innovative financial solutions. Macquarie offers a diverse range of services including asset management, wealth management, leasing and asset financing, retail banking, and commodities trading.

How the Company Makes Money

Macquarie Group makes money through several key revenue streams. Its Asset Management division is a significant contributor, generating income from management fees, performance fees, and investment returns. The Banking and Financial Services segment earns revenue through retail and business banking services, including mortgages, credit cards, and deposits. Macquarie Capital provides advisory and capital raising services, earning fees from mergers and acquisitions, equity and debt capital markets transactions. The Commodities and Global Markets segment handles trading, hedging, and market-making activities in commodities, foreign exchange, and fixed income, generating trading profits and client fees. Additionally, the company benefits from its strategic investments and partnerships across various industries, enhancing its earnings potential.

Macquarie Group Limited Financial Statement Overview

Summary

Macquarie Group Limited shows a mixed financial performance. The income statement indicates operational challenges with inconsistent revenue growth and negative EBIT margins. The balance sheet reflects a solid capital structure with high leverage typical of the capital markets industry, balanced by strong equity returns. Cash flow analysis reveals improvement in operational efficiency but highlights historical volatility. The company must address operational inefficiencies and stabilize revenue growth to maintain financial health.

Income Statement

The income statement shows mixed results. Gross Profit Margin is strong, as gross profit equals total revenue due to the nature of financial services. However, the company demonstrated a significant negative EBIT margin in the latest period, indicating operational challenges. Net Profit Margin remains positive, reflecting some efficiency in managing non-operating expenses. Revenue growth has been inconsistent, with a sharp decline in the latest period compared to the previous year, raising concerns about future revenue stability.

Balance Sheet

The balance sheet is robust in terms of equity growth and asset accumulation. The Debt-to-Equity ratio is high, suggesting substantial leverage, which is common in the financial industry but still poses a risk. The Return on Equity is strong, showing effective use of equity to generate profits. The Equity Ratio is stable, indicating a balanced capital structure despite the high debt levels.

Cash Flow

Cash flow from operations turned positive, which is a positive sign after previous negative cash flows, indicating improved operational efficiency. Free cash flow improved significantly, showing strong cash generation capabilities. However, fluctuations in cash flow trends over the years suggest potential volatility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.79B	6.79B	16.91B	19.14B	16.39B	13.90B
Gross Profit	6.79B	6.79B	6.25B	6.56B	6.89B	5.18B
EBITDA	20.52B	20.52B	5.88B	8.02B	7.12B	6.49B
Net Income	3.71B	3.71B	3.52B	5.01B	4.71B	2.92B
Balance Sheet
Total Assets	445.22B	445.22B	403.40B	389.41B	399.18B	245.65B
Cash, Cash Equivalents and Short-Term Investments	88.04B	88.04B	83.90B	46.03B	50.17B	15.88B
Total Debt	330.19B	330.19B	269.21B	141.79B	140.47B	85.47B
Total Liabilities	409.43B	409.43B	369.41B	355.31B	370.37B	223.30B
Stockholders Equity	35.36B	35.36B	33.48B	33.16B	28.56B	22.05B
Cash Flow
Free Cash Flow	5.27B	5.27B	-9.08B	-12.20B	9.57B	-2.40B
Operating Cash Flow	6.33B	6.33B	-7.13B	-10.42B	10.55B	-1.64B
Investing Cash Flow	-2.34B	-2.34B	-3.88B	-1.23B	-31.13B	-11.13B
Financing Cash Flow	-1.94B	-1.94B	-2.99B	17.29B	72.19B	20.41B

Macquarie Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 224.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MQG, the sentiment is Positive. The current price of 224.09 is above the 20-day moving average (MA) of 221.92, above the 50-day MA of 220.28, and above the 200-day MA of 214.33, indicating a bullish trend. The MACD of 0.64 indicates Positive momentum. The RSI at 56.94 is Neutral, neither overbought nor oversold. The STOCH value of 63.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MQG.

Macquarie Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OFX	70 Neutral	AU$209.94M	8.64	14.15%	―	-4.69%	-18.65%
COG	68 Neutral	AU$402.67M	21.20	12.36%	3.01%	-26.30%	40.12%
Sector *	68 Neutral	$18.02B	11.58	9.93%	3.76%	9.73%	1.31%
PPS	64 Neutral	AU$379.78M	28.09	12.27%	2.92%	24.56%	59.32%
MQG	61 Neutral	AU$81.91B	22.88	10.63%	2.90%	7.15%	6.38%
CMSQF	―	$13.92B	24.45	29.52%	2.25%	―	―
NWL	59 Neutral	AU$7.72B	66.07	67.81%	1.22%	28.29%	39.39%

Macquarie Group Limited Corporate Events

Macquarie Group Adjusts Investment in Perpetual Limited

Macquarie Group Limited has announced that it has ceased to be a substantial holder in Perpetual Limited. This change in holding reflects adjustments in Macquarie’s investment strategy and may impact its influence in the voting securities of Perpetual Limited, potentially affecting stakeholders associated with both entities.

The most recent analyst rating on (AU:MQG) stock is a Hold with a A$233.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.

Macquarie Group Secures Exemption for Share Acquisitions

Macquarie Group Limited has received an exemption from section 259C of the Corporations Act 2001, allowing certain acquisitions of its shares by its entities. As of September 8, 2025, Macquarie controls 6.37% of its voting shares, with 4.07% related to employee share plans. This exemption facilitates Macquarie’s operational flexibility in managing its shareholdings and employee incentive schemes, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:MQG) stock is a Hold with a A$233.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.

Macquarie Group Adjusts Investment in Perpetual Limited

Macquarie Group Limited has announced that it has ceased to be a substantial holder in Perpetual Limited, marking a change in its investment strategy or portfolio composition. This move may impact the company’s market positioning and influence its future investment decisions, potentially affecting stakeholders and the broader financial market.

The most recent analyst rating on (AU:MQG) stock is a Buy with a A$241.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.

Macquarie Group Adjusts Stake in IDP Education

Macquarie Group Limited has announced that it has ceased to be a substantial holder in IDP Education Limited. This change in holding reflects an adjustment in Macquarie’s investment strategy, potentially impacting its influence over IDP Education’s corporate decisions and signaling a shift in its market positioning.

The most recent analyst rating on (AU:MQG) stock is a Buy with a A$241.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.

Macquarie Group Reduces Stake in QBE Insurance

Macquarie Group Limited has announced that it has ceased to be a substantial holder in QBE Insurance Group Limited. This change in holdings could impact Macquarie’s investment strategy and portfolio management, potentially affecting its influence in the insurance sector and its associated stakeholders.

The most recent analyst rating on (AU:MQG) stock is a Buy with a A$241.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.

Macquarie Group Issues $1 Billion Subordinated Notes to Bolster Capital

Macquarie Group Limited and Macquarie Bank Limited have announced the issuance of $US1 billion in subordinated notes, which will serve as Tier 2 Capital for the bank. This move is expected to increase the total liabilities of Macquarie Bank Limited and enhance its capital structure, potentially strengthening its financial position and market competitiveness.

The most recent analyst rating on (AU:MQG) stock is a Hold with a A$191.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.

Macquarie Group Announces Director’s Interest Change

Macquarie Group Limited has announced a change in the director’s interest notice, specifically regarding Jillian R Broadbent’s holdings. The change involves the acquisition of 947 Macquarie Group Capital Notes 4 (MQGPD Notes) through an on-market trade, bringing her total to 6,000 MQGPD Notes. This update reflects ongoing adjustments in the director’s investment portfolio, potentially impacting stakeholder perceptions and the company’s market positioning.

The most recent analyst rating on (AU:MQG) stock is a Hold with a A$191.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.