Miami International Holdings/$MIAX
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Miami International Holdings
Miami International Holdings Inc is engaged in operating regulated financial marketplaces across multiple asset classes using proprietary technology platforms. The company operates exchange markets for options, equities, futures, and international listings through its MIAX Exchanges, MIAX Futures Exchange, and the Bermuda Stock Exchange. The company operates through four reportable segments: Options, which provides trading and market data services for listed equity and ETP options; Equities, which provides trading services for U.S. equities and ETPs; Futures, which provides futures trading and clearing services through MIAX Futures; and International, which provides listing services for capital market instruments through the Bermuda Stock Exchange and The International Stock Exchange.
- Ticker
- $MIAX
- Sector
- Finance
- Primary listing
- NYSE
- Employees
- 439
- Headquarters
- Princeton, United States
- Website
- www.miaxglobal.com
MIAX Metrics
BasicAdvanced
$3.4B
11.66
$2.89
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Price and volume
Market cap
$3.4B
52-week high
$57.14
52-week low
$29.06
Average daily volume
1.7M
Financial strength
Current ratio
3.097
Quick ratio
2.671
Long term debt to equity
0.018
Total debt to equity
0.019
Interest coverage (TTM)
680.30%
Profitability
EBITDA (TTM)
243.227
Gross margin (TTM)
34.95%
Net profit margin (TTM)
19.75%
Operating margin (TTM)
13.90%
Effective tax rate (TTM)
-32.65%
Revenue per employee (TTM)
$3,420,000
Management effectiveness
Return on assets (TTM)
9.18%
Return on equity (TTM)
28.93%
Valuation
Price to earnings (TTM)
11.656
Price to revenue (TTM)
2.054
Price to book
2.75
Price to tangible book (TTM)
3.53
Growth
Revenue change (TTM)
13.99%
Earnings per share change (TTM)
-291.94%
3-year revenue growth (CAGR)
14.71%
3-year earnings per share growth (CAGR)
91.03%
What the Analysts think about MIAX
Analyst ratings (Buy, Hold, Sell) for Miami International Holdings stock.
Analyst projections of the future price of Miami International Holdings stock.
Bulls say / Bears say
Q2 net revenue rose 35% to a record $141.1 million, while adjusted EBITDA grew 57% and its margin reached 54%. That shows strong growth and operating leverage. (Miami International Holdings)
Options volume averaged 11.0 million contracts a day year to date through September, up 22% from a year earlier, and market share rose to 17.1% from 16.7%. The core business is still gaining ground over the longer view. (PR Newswire)
Bloomberg index futures are live, and Dorman’s new OCC clearing membership and $40 million capital increase are intended to make the products easier for clients to access. This gives MIAX a route to grow beyond its options business. (PR Newswire)
Options generated $124.4 million of Q2 net revenue out of $141.1 million in total, leaving MIAX heavily dependent on one business line while futures and equities remain much smaller. (Miami International Holdings)
Q2 operating expenses rose to $113.3 million from $77.4 million, but operating income was almost flat at $27.8 million versus $27.3 million. The company attributed the higher costs in part to a litigation settlement and planned growth investment. (Miami International Holdings)
In September, MIAX options average daily volume fell 0.7% year on year and market share slipped to 16.7% from 17.6%, even as industry volume rose 4.8%. That points to recent competitive pressure despite the stronger year-to-date trend. (PR Newswire)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
MIAX Financial Performance
Revenues and expenses
MIAX Earnings Performance
Company profitability
Upcoming events
No upcoming events
MIAX News
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Funds containing MIAX
Fund name | Fund size | $MIAX weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.08% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.08% |
iShares MSCI World Small Cap£WLDS | $9B | 0.02% |
iShares MSCI World Small Cap€IUSN | $9B | 0.02% |
iShares MSCI World Small Cap$WSML | $9B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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