Miami International Holdings, Inc.

Miami International Holdings, Inc.

MIAX · NYSE · Financial Services / Capital Markets

37.08USD+1.01 (+2.80%)

Price History

Full chart

Market Stats

Previous Close36.07
Open36.32
Day Range35.99 – 37.81
52-Week Range33.74 – 57.14
Volume970.45K
Market Cap3.46B
P/E (TTM)24.24
Forward P/E0.00
EPS1.44
Dividend Yield0.00%
50-Day Avg42.39
200-Day Avg42.93

About

Miami International Holdings, Inc., through its subsidiaries, builds and operates various financial marketplaces in the United States. It operates through Options, Equities, and International segments. The company's markets include options through MIAX Options, MIAX Pearl, MIAX Emerald, and MIAX Sapphire; U.S. equities through MIAX Pearl Equities; U.S. futures and options on futures through MIAX Futures; and international listings through BSX and TISE. It also trades Hard Red Spring Wheat futures and options on MIAX Futures; provides clearing services for U.S. futures and options on futures through MIAX Futures Clearing; and owns Dorman Trading, a full-service futures commission merchant provides execution and clearing services for introducing brokers, retail customers, institutional clients, and professional traders. In addition, the company offers financial markets and securities services to public and private companies. Miami International Holdings, Inc. was incorporated in 2007 and is headquartered in Princeton, New Jersey.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Thomas P. Gallagher Esq.
  • Employees439
  • Headquarters7 Roszel Road, Princeton, NJ, United States, 08540, USA
  • Websitehttps://www.miaxglobal.com

Leadership

  • Mr. Thomas P. Gallagher Esq.Chairman & CEO · b. 1960
  • Mr. Lance EmmonsExecutive VP & CFO · b. 1972
  • Mr. Douglas M. Schafer Jr.Executive VP & Chief Information Officer · b. 1962
  • Ms. Barbara J. Comly Esq.Executive VP, General Counsel & Corporate Secretary · b. 1960
  • Mr. Shelly BrownExecutive VP & Chief Strategy Officer · b. 1961
  • Mr. Matthew RotellaSenior VP & CTO
  • Mr. Edward DeitzelExecutive VP, Chief Regulatory Officer & Chief Compliance Officer · b. 1968
  • Mr. Jack MondelExecutive VP & Corporate Development Officer
  • Mr. Mark WetjenExecutive VP of Futures & Innovative Products and Executive Regulatory Liaison Officer
  • Mr. Harish JayabalanExecutive VP, Chief Information Security Officer & Chief Risk Officer · b. 1977

Financials

Income Statement

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue452.45M751.54M797.92M1.04B1.14B1.36B
Growth (%)-+66.10%+6.17%+30.47%+9.52%+19.65%
Cost of Revenue355.93M570.20M602.28M808.54M864.43M992.30M
Gross Profit96.53M181.34M195.63M232.47M275.64M371.77M
Gross Margin21.33%24.13%24.52%22.33%24.18%27.25%
Operating Expense120.41M157.62M190.29M235.34M278.47M335.22M
Operating Income-23.88M23.72M5.34M-2.87M-2.83M36.55M
Operating Margin-5.28%3.16%0.67%-0.28%-0.25%2.68%
EBITDA-6.52M-50.22M92.31M17.84M142.40M-26.31M
EBITDA Margin-1.44%-6.68%11.57%1.71%12.49%-1.93%
Net Income-31.89M-93.41M57.55M-20.89M102.12M-70.03M
Net Income Margin-7.05%-12.43%7.21%-2.01%8.96%-5.13%
Interest Expense-19.30M21.92M18.88M13.95M12.89M
Interest Expense % of Total Revenue-2.57%2.75%1.81%1.22%0.94%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets414.01M535.27M755.37M719.84M973.65M1.26B
Total Liabilities475.60M648.82M755.48M556.06M606.03M378.41M
Total Equity-61.59M-113.39M272.00K164.64M367.62M881.02M
Cash57.24M160.90M126.45M59.29M150.34M509.73M
Total Debt103.41M166.67M151.91M123.04M43.81M1.51M
Net Debt46.17M5.77M25.46M63.74M-106.53M-508.22M

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow120.34M24.23M121.63M-49.20M111.44M167.83M
Investing Cash Flow-24.98M320.00K-53.93M-64.14M-40.59M-101.33M
Financing Cash Flow12.07M92.11M-9.35M-16.62M29.41M214.77M
Capital Expenditure7.66M18.06M20.03M25.89M39.01M22.79M
Free Cash Flow112.69M6.17M101.60M-75.09M72.43M145.04M
FCF to OCF93.64%25.47%83.53%152.64%65.00%86.42%

Earnings

Report DateSep 3, 2025Nov 5, 2025Feb 25, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.000.310.410.360.410.40
EPS Actual0.460.020.520.420.48-
Surprise--93.55%26.83%16.67%17.07%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.46B
Enterprise Value2.91B
Trailing P/E24.24
Forward P/E0.00
Price / Sales2.36
Price / Book3.10
EPS1.44
Book Value11.67
Revenue (TTM)1.47B
Gross Profit (TTM)503.69M
EBITDA227.65M
Profit Margin9.70%
Operating Margin23.43%
Return on Equity18.14%
Return on Assets9.27%
Shares Outstanding99.23M
Shares Float93.29M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
74.31%
Insiders
9.68%
Retail / Other
16.01%

Top Institutional Holders

  • T. Rowe Price Investment Management,Inc.
    4.15M4.18%
  • Horizon Asset Management Inc/ny
    3.45M3.48%
  • Susquehanna International Group, LLP
    3.30M3.32%
  • BlackRock Inc
    2.23M2.25%
  • Blair William & Co
    1.77M1.78%
  • American Century Companies Inc
    1.59M1.60%
  • Amvescap Plc.
    1.59M1.60%
  • Alyeska Investment Group, L.P.
    1.45M1.46%
  • Vanguard Capital Management, LLC
    1.41M1.43%
  • Vanguard Portfolio Management, LLC
    1.37M1.39%
  • JPMorgan Chase & Co
    1.24M1.25%
  • Morgan Stanley - Brokerage Accounts
    1.15M1.16%
  • Adage Capital Partners Gp LLC
    1.14M1.15%
  • North Reef Capital Management LP
    1.01M1.02%
  • Ghisallo Capital Management LLC
    1.00M1.01%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.72M2.74%
  • iShares Russell 2000 ETF
    1.96M1.98%
  • Vanguard Small Cap Index
    1.96M1.98%
  • T. Rowe Price Small-Cap Stock
    1.46M1.47%
  • Vanguard MStar Small Cap Value Index
    1.25M1.26%