Saturday 17 October 2026
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Miami International Holdings, Inc.
MIAX Financial Capital Markets
Miami International Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 19.6% from fiscal 2024. In the quarter to June 2026, revenue grew 18.3%, EPS grew 27.0%, free cash flow grew 162.7% and total debt fell 95.9%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
30.95
0.08
+0.26%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | — | — | 28.63 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | — | — | — | 51.38 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | — | 433 | 439 | ||||
| Revenue/emp, $m | — | — | — | — | — | — | — | 0.00 | 2.63 | 3.11 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | 1,041 | 1,140 | 1,364 | ||||
| Gross margin, % | — | — | — | — | — | — | — | 22.33 | 24.18 | 31.56 | |||||
| EBT | — | — | — | — | — | — | — | (22) | 105 | (69) | |||||
| EBT margin, % | — | — | — | — | — | — | — | (2.12) | 9.22 | (5.03) | |||||
| Net income | — | — | — | — | — | — | — | (21) | 102 | (70) | |||||
| Depreciation | — | — | — | — | — | — | — | 23 | 26 | 32 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | — | 18.44 | 18.78 | 19.53 | ||||
| Earnings | — | — | — | — | — | — | — | (0.38) | 1.68 | (1.00) | |||||
| Cash flow | — | — | — | — | — | — | — | (0.87) | 1.84 | 2.40 | |||||
| Capex | — | — | — | — | — | — | — | (0.46) | (0.64) | (0.50) | |||||
| Free cash flow | — | — | — | — | — | — | — | (1.33) | 1.19 | 1.90 | |||||
| Book value | — | — | — | — | — | — | — | 0.00 | 6.06 | 12.62 | |||||
| Shares, m | — | — | — | — | — | — | — | 56 | 61 | 70 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | — | — | — | — | 0.00 | 0.00 | 2.27 | |||||
| P/B | — | — | — | — | — | — | — | 5.43 | 5.43 | 3.52 | |||||
| EV/Sales | — | — | — | — | — | — | — | 0.00 | 0.00 | 1.93 | |||||
| EV/FCF | — | — | — | — | — | — | — | 16.04 | 16.04 | 19.82 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | (49) | 111 | 168 | ||||
| Capex | — | — | — | — | — | — | — | (26) | (39) | (35) | |||||
| Free cash flow | — | — | — | — | — | — | — | (75) | 72 | 133 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | — | — | 168 | 518 | ||||
| Total debt | — | — | — | — | — | — | — | — | 37 | 2 | |||||
| Net debt | — | — | — | — | — | — | — | — | (150) | (466) | |||||
| Shareholders’ equity | — | — | — | — | — | — | — | — | 368 | 881 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | — | 0.00 | 20.98 | (6.27) | ||||
| ROIC | — | — | — | — | — | — | — | 0.00 | (0.81) | 13.84 | |||||
| ROE | — | — | — | — | — | — | — | 0.00 | 0.00 | (11.22) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Miami International Holdings, Inc. vs peers in Capital Markets (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PIPR Piper Sandler Companies | $4.6B | 14.2× | 16.3× | +24.88% (above 0%: growing) | +58.10% (above 0%: growing) | +58.77% (above 0%: growing) | 98.91% | 20.27% | Compare |
| MC Moelis & Company | $4.5B | 18.0× | 21.5× | +12.05% (above 0%: growing) | +16.36% (above 0%: growing) | +8.25% (above 0%: growing) | 100.00% | 17.79% | Compare |
| LAZ Lazard, Inc. | $3.5B | 16.3× | 14.6× | +1.47% (above 0%: growing) | −94.64% (below 0%: shrinking) | +434.39% (above 0%: growing) | 100.00% | 4.66% | Compare |
| PJT PJT Partners Inc. | $3.5B | 17.9× | 23.7× | +19.52% (above 0%: growing) | +34.65% (above 0%: growing) | +26.53% (above 0%: growing) | 33.04% | 20.99% | Compare |
| MARA Marathon Digital Holdings, Inc. | $3.2B | — (loss-making) | — (loss-making) | −26.67% (below 0%: shrinking) | n/m | +85.60% (above 0%: growing) | 17.19% | (297.96%) | Compare |
| MIAX Miami International Holdings, Inc. | $3.1B | 26.0× | 15.2× | +18.26% (above 0%: growing) | +26.97% (above 0%: growing) | +162.65% (above 0%: growing) | 36.40% | 7.17% | |
| PURR Hyperliquid Strategies Inc | $2.7B | — (loss-making) | — (loss-making) | +6,940.21% (above 0%: growing) | n/m | −6,672.51% (below 0%: shrinking) | 100.00% | 7,380.58% | Compare |
| CLSK Cleanspark, Inc. | $2.4B | — (loss-making) | — (loss-making) | −30.53% (below 0%: shrinking) | n/m | +202.37% (above 0%: growing) | 38.06% | (168.40%) | Compare |
| ETOR eToro Group Ltd. | $2.0B | 7.9× | 13.7× | −23.93% (below 0%: shrinking) | +71.05% (above 0%: growing) | −32.39% (below 0%: shrinking) | 15.03% | 4.80% | Compare |
| Median of peers | $3.4B | 16.3× | 16.3× | +6.76% | +34.65% | +42.65% | 68.49% | 11.30% |
Miami International Holdings, Inc. (MIAX) key facts
- Strength: Miami International Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 19.6% from fiscal 2024.
- Miami International Holdings, Inc. (MIAX) is a Capital Markets company in the Financial sector, listed on the New York Stock Exchange.
- As of October 16, 2026, MIAX traded at $30.95, a market capitalization of $3.1 billion.
- Return on equity was −11.2% and debt-to-equity 0.00.
Miami International Holdings, Inc. (MIAX) Latest News
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