Macquarie Group Ltd
MQG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|>? | LOCK|@!fQL | LOCK|ln$ppXg |
Macquarie Earnings: Soft but Investments Expected to Pay Off
Macquarie's operating profit continues to see-saw, the AUD 1.6 billion result up 14% on first half 2024 but down 23% on second half 2024. Market-facing businesses drove the half-on-half decline, with less profit from asset sales and less commodities risk management activity due to lower volatility.
