Macquarie (MGL and its subsidiaries, the Consolidated Entity) is a global financial group with offices in 32 markets.

Founded in 1969, Macquarie now employs over 16,0001 people globally, has total assets of $A245.7 billion and total equity of $A22.4 billion as at 31 March 2021.

  1. This figure includes staff employed in certain operationally segregated subsidiaries (OSS). Unless otherwise stated, further references to staff data and policies do not include those in OSS.

Financial highlights

FY2021 net profit

$A3015m

10% on prior year

FY2021 operating expenses

$A8867m

in line with prior year
FY2021 net operating income

$A12774m

4% on prior year

FY2021 earnings per share

$A8.43

7% on prior year
FY2021 return on equity

14.3%

from 14.5% in prior year
FY2021 effective tax rate

23.0%

from 21.0% in prior year
FY2021 dividends per share (40% franked)

$A4.70

9% on prior year
Assets under management as at 31 March 2021

$A563.5b

from $A598.9b as at 31 March 2020

FY2021 Net Profit Contribution2 by activity

2. Net profit contribution is management accounting profit before unallocated corporate costs, profit share and income tax.


Annuity-style activities

$A3314m

4% on prior year

Markets-facing activities

$A2783m

39% on prior year

FY2021 Net Profit Contribution by geography3

AMERICAS

34%

EMEA

23%

ASIA

11%

ANZ

32%

3. International income is net operating income excluding earnings on capital and other corporate items.

A letter from the Chairman

Our performance has been resilient, and our operating and support groups have remained busy supporting our clients, partners and communities, as well as our own team."

Peter Warne
Independent Chairman

A letter from the Managing Director and CEO

Macquarie’s performance reflects our involvement in areas of deep structural need in the global economy and the commitment of our staff to work with clients to address opportunities and challenges in our communities."

Shemara Wikramanayake
Managing Director and Chief Executive Officer

Empowering people to innovate and invest for a better future

Communities around the world have shown remarkable resilience through a year in which the COVID-19 pandemic had an impact on every aspect of life. While the health and economic challenges presented by the pandemic remain profound, there have been many examples of ingenuity and adaptability as businesses pivoted, governments collaborated, and communities rallied together.

Operating and Financial Review

Our businesses

Macquarie is a diversified financial group providing clients with asset management and finance, banking, advisory and risk and capital solutions across debt, equity and commodities.

Net profit contribution

$2074m

5% on prior year

Macquarie Asset Management (MAM)

A leading specialist global asset manager, offering a diverse range of products through two business divisions: Macquarie Infrastructure and Real Assets (MIRA) and Macquarie Investment Management (MIM).

Net profit contribution

$A771m

in line with prior year

Banking and Financial Services (BFS)

BFS serves the Australian market, and is organised into the following three business divisions: Personal Banking, Wealth Management and Business Banking.

Net profit contribution

$A2601m

50% on prior year

Commodities and Global Markets (CGM)

CGM provides clients with an integrated, end-to-end offering across global markets including equities, fixed income, foreign exchange, commodities and technology, media and telecoms.

Net profit contribution

$A651m

15% on prior year

Macquarie Capital

Macquarie Capital has global capability in advisory and capital raising services, investing alongside partners and clients across the capital structure, providing clients with specialist expertise, advice and flexible capital solutions across a range of sectors.


Central service groups

The Central Service Groups provide a range of functions supporting Macquarie’s Operating Groups, ensuring they have the appropriate workplace support and systems to operate effectively and the necessary resources to meet their regulatory, compliance, financial reporting, legal and risk management requirements.

Corporate Operations Group (COG)

Provides specialist support services through technology, operations, human resources, workplace, strategy, operational risk management, data and transformation, resilience, global security and the Macquarie Group Foundation.

Financial Management Group (FMG)

Provides financial, tax, treasury, corporate affairs and advisory services to all areas of Macquarie.

Legal and Governance (LGL)

Provides a full range of legal and corporate governance services, including strategic legal and governance advice and risk assessment on corporate transactions, treasury and funding, insurance, regulatory enquiries and litigation.

Risk Management Group (RMG)

An independent and centralised function responsible for objective review and challenge, oversight, monitoring and reporting in relation to Macquarie’s material risks. RMG designs and oversees the implementation of the risk management framework. The Head of Internal Audit reports functionally to the Board Audit Committee and operationally to the Head of RMG for day-to-day management.

Corporate Governance

Macquarie’s key governance practices guide our decision‑making to meet stakeholder expectations of sound corporate governance, acknowledging Macquarie’s specific and broader responsibilities to its shareholders, funders, clients, staff and the communities in which it operates.

Diversity and Inclusion

At Macquarie, the diversity of our people is one of our greatest strengths. An inclusive workplace enables us to embrace diversity to deliver more innovative and sustainable solutions for our clients, shareholders, communities and our people.

Environmental, Social and Governance

Macquarie’s Board and Management recognise the importance of sound Environmental, Social and Governance (ESG) practices as part of their responsibility to our clients, shareholders, communities, people and the environment in which Macquarie operates. 

Risk Management

The role of the Board is to promote the long-term interests of Macquarie, taking into account Macquarie’s specific and broader responsibilities to its shareholders, funders, clients, staff and the communities in which it operates. The Board is committed to oversight of Macquarie’s performance, risk management, engagement with regulators and culture and to promoting the creation of enduring value by realising opportunities for the benefit of our clients, community, shareholders and our people. Macquarie’s robust risk management framework supports the Board in its role.

Macquarie Group Foundation

$A64m

contributed

$A17.7m

allocated to COVID-19 relief

2400

community organisations supported

The Macquarie Group Foundation (the Foundation) is the philanthropic arm of Macquarie. The Foundation encourages Macquarie employees to give back to the communities in which they live and work by contributing service, financial support and leadership to the community organisations they feel passionately about.

Additional information

Investor information

10-year history