How did Macquarie Group (ASX:MQG) perform in the FY26 full year?

Macquarie Group delivered a record net profit of $4.85 billion for the year ended 31 March 2026, representing a 30% increase over the previous year.

What drove the significant profit growth for Macquarie Group (ASX:MQG)?

The growth was largely fueled by a record-breaking second half, contributing $3.19 billion to the total profit. Management attributed this to the firm’s specialist expertise in navigating complex global markets and capitalising on international opportunities, which now account for 68% of the group's total income.

How much is the Macquarie Group (ASX:MQG) dividend for FY26?

Macquarie declared a final ordinary dividend of $4.40 per share, bringing the total payout for the full 2026 financial year to $7.00 per share. This represents a significant windfall for shareholders following the firm's 30% increase in annual net profit.

What is the current Return on Equity (ROE) for Macquarie Group (ASX:MQG)?

Macquarie reported a Return on Equity (ROE) of 14% for FY26, a notable improvement from the 11.2% recorded in FY25. This increase indicates higher operational efficiency and better profitability relative to shareholder equity over the past twelve months.

How did Macquarie Group's (ASX:MQG) expenses compare to its income growth?

While net operating income rose 13% to $19.48 billion, operating expenses grew at a slower rate of 5%, reaching $12.75 billion. This positive operating jaws—where income growth outpaces expense growth—contributed to the overall 30% jump in net profit.

What was the impact of international operations on Macquarie Group's (ASX:MQG) result?

International activities were a primary engine for the group, accounting for 68% of total income in FY26. This global footprint provides Macquarie with geographic diversification, although it also contributed to a higher effective tax rate of 27.6% due to the specific tax jurisdictions where earnings were generated.

Macquarie Group profit surges 30% to $4.85B

Written by Isaac FrancisPublished May. 7 2026Last Updated May. 7 2026

Macquarie Group (ASX:MQG) has unveiled a financial performance for the year ended March 31, headlined by a net profit of $4.85 billion.

The result marks a substantial 30% increase over the previous fiscal year, underpinned by an exceptional second half that delivered a record $3.19 billion in profit—a 93% surge compared to the first six months of the year.

The "Millionaires’ Factory" demonstrated its global reach and operational resilience, with international activities accounting for 68% of total income.

Managing Director and CEO Shemara Wikramanayake attributed the success to the firm’s specialist expertise in navigating a complex global environment while securing long-term growth opportunities.

This operational efficiency was reflected in a return on equity of 14%, up from 11.2% in FY25, and earnings per share climbing to $12.77.

While net operating income rose 13% to $19.48 billion, the group also managed a rise in operating expenses, which grew five per cent to $12.75 billion.

Shareholders are set to benefit significantly from the windfall; Macquarie declared a final ordinary dividend of $4.40 per share, bringing the total FY26 payout to $7.

Despite a higher effective tax rate of 27.6%, driven by the geographic mix of earnings, the group maintains a robust capital position, with a Level 2 CET1 ratio of 12.8%.