MI

Miami International Holdings, Inc.

MIAXFinancial ServicesNASDAQ

Capital Markets · Last scanned Jul 17, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$1.36B
+19.6% YoY
Net Income
-$70.0M
-168.6% YoY
EBITDA
-$26.3M
-118.5% YoY
Free Cash Flow
$139.3M

Scan Results

Daily timeframe
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DateIndicatorDetails
Jul 11 Below MA1500.8% below MA150
Jul 10CONFIRMED Below MA2000.9% below MA200
Below MA1500.4% below MA150
About Miami International Holdings, Inc.

Miami International Holdings, Inc., through its subsidiaries, operates various markets across options, futures, and cash equities. At a $4.15B market cap, Miami International Holdings, Inc. ranks as a mid-cap company within financial services. Its markets include options through MIAX Options, MIAX Pearl, MIAX Emerald, and MIAX Sapphire; U.S.

Key stats
Market Cap$4.15B
P/E (TTM)33.25
Fwd P/E22.92
EPS$1.29
52W Change+39.5%
ROE16.8%
Analysis

The balance sheet looks solid with $595.9M in cash comfortably exceeding the $22.7M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow comes in at $139.3M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 16.8% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 7.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $751.5M (2021) to $1.36B (2025), reflecting a 82% increase over the period.

With cash comfortably exceeding debt, MIAX has financial flexibility that may help navigate uncertain periods. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing MIAX.

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