MIAX - NYSE

Miami International Holdings, Inc.

MIAX·NYSE

$40.33

-2.3%

Financial ServicesFinancial - Capital Markets

Miami International Holdings, Inc., through its subsidiaries, operates various markets across options, futures, and cash equities. Its 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. The company also trades hard red spring wheat futures and options on MIAX Futures; offers clearing services for U.S. futures and options 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. Miami International Holdings, Inc. was incorporated in 2007 and is headquartered in Princeton, New Jersey

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.83B

EPS-1.0000

P/E Ratio-40.33

Earnings Date06/03/2026

1.26B

Assets

29%

3Y+67.0%

5Y+204.0%

10Y+204.0%

378.41M

Total Liabilities

-38%

3Y-50.0%

5Y-20.0%

10Y-20.0%

881.02M

Total Equity

140%

3Y-823480.0%

5Y-1531.0%

10Y-1531.0%

Miami International Holdings, Inc. Funding & Solvency Profile

MIAX · NYSE

Current Assets

Cash & Cash Equivalents509.73M

Net Receivables231.64M

Inventory0.00

Other Current Assets0.00

Total Current Assets741 M

Non-Current Assets

Property, Plant & Equipment46.85M

Goodwill & Intangible Assets269.32M

Long-Term Investments30.31M

Other Non-Current Assets171.57M

Total Non-Current Assets249 M

Total Assets

1.26B

Financial Health Analysis

Current Ratio

491.63x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.43x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

740 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

59% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Miami International Holdings, Inc. Balance Sheet

MIAX • NYSE

Miami International Holdings, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	509.7M	150.3M	59.3M	126.4M	160.9M	57.2M
Cash & Short-Term Investments	509.7M	150.3M	59.3M	126.4M	160.9M	57.2M
Net Receivables	231.6M	231.5M	180.3M	157.5M	58.4M	54.1M
Accounts Receivables	231.6M	92.4M	58.1M	60.1M	58.4M	0.0
Other Receivables	0.0	139.1M	122.2M	97.5M	0.0	54.1M
Prepaids	0.0	57.2M	54.4M	49.2M	53.1M	0.0
Other Current Assets	0.0	133.7M	92.2M	145.5M	41.2M	-111.3M
Total Current Assets	741.4M	572.8M	386.2M	478.7M	313.7M	0.0
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	46.9M	52.7M	44.6M	45.2M	39.6M	43.4M
Goodwill	0.0	46.8M	46.8M	44.3M	34.4M	0.0
Intangible Assets	269.3M	153.8M	147.3M	126.1M	110.8M	0.0
Goodwill & Intangible Assets	269.3M	200.6M	194.2M	170.4M	145.2M	143.4M
Long-Term Investments	30.3M	31M	35.6M	16.6M	11.6M	0.0
Tax Assets	0.0	0.0	0.0	0.0	0.0	22.1M
Other Non-Current Assets	171.6M	116.6M	59.3M	44.4M	25.2M	-208.9M
Total Non-Current Assets	518.1M	400.8M	333.7M	276.6M	221.6M	0.0
Other Assets	0.0	0.0	0.0	0.0	0.0	414M
Total Assets	1.3B	973.7M	719.8M	755.4M	535.3M	414M
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	357.6M	280.6M	339.6M	141M	0.0
Accounts Payable	0.0	165.5M	141.7M	114.3M	5.6M	0.0
Other Payables	0.0	192.2M	138.9M	225.2M	135.4M	0.0
Accrued Expenses	0.0	9.2M	10.7M	11.2M	8.5M	0.0
Short Term Debt	1.5M	4.8M	112.2M	32M	15M	14.6M
Capital Lease Obligations (Current)	0.0	6.8M	4.6M	4.4M	2.5M	0.0
Tax Payables	0.0	206K	1.3M	4.4M	2.4M	0.0
Deferred Revenue	0.0	2.7M	2.9M	1.2M	7.2M	0.0
Other Current Liabilities	0.0	24.1M	37.9M	5M	11.6M	-14.6M
Total Current Liabilities	1.5M	405.2M	448.9M	393.3M	185.8M	0.0
NON-CURRENT LIABILITIES
Long Term Debt	0.0	32.3M	6.2M	115.5M	149.1M	86.2M
Deferred Revenue (Non-Current)	9.6M	0.0	0.0	0.0	1M	10.2M
Deferred Tax Liabilities (Non-Current)	22.4M	10.8M	7.6M	8.4M	10.1M	31.8M
Other Non-Current Liabilities	344.9M	157.8M	93.4M	238.2M	302.8M	-130.8M
Total Non-Current Liabilities	376.9M	200.8M	107.1M	362.2M	463M	0.0
Other Liabilities	0.0	0.0	0.0	0.0	0.0	475.6M
Capital Lease Obligations	0.0	6.8M	4.6M	4.4M	2.6M	2.6M
Total Liabilities	378.4M	606M	556.1M	755.5M	648.8M	475.6M
SHAREHOLDERS' EQUITY
Treasury Stock	-8.2M	-775K	0.0	0.0	0.0	0.0
Preferred Stock	0.0	1K	1K	2K	1K	1K
Common Stock	86K	63K	57K	95K	89K	84K
Additional Paid-In Capital	1.5B	930.6M	833.1M	647.8M	591.7M	550.1M
Retained Earnings	-632.3M	-562.3M	-668.5M	-647.6M	-705.2M	-611.8M
Accumulated Other Comprehensive Income/Loss	-641K	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	881M	367.6M	164.6M	272K	-113.4M	-61.6M
Total Equity	881M	367.6M	163.8M	-107K	-113.5M	-61.6M
Minority Interest	0.0	0.0	-861K	-379K	-151K	0.0
SUMMARY
Total Liabilities & Equity	1.3B	973.7M	719.8M	755.4M	535.3M	414M
Total Investments	30.3M	31M	35.6M	16.6M	11.6M	0.0
Total Debt	1.5M	43.8M	123M	151.9M	166.7M	103.4M
Net Debt	-508.2M	-106.5M	63.7M	25.5M	5.8M	46.2M
Shares Outstanding	81,435,030	81,435,030	81,435,030	81,435,030	81,435,030	81,435,030

SEC Filings

MIAX - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 08, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 27, 2026	June 16, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 27, 2026	April 23, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 09, 2026	April 07, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 26, 2026	March 24, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 06, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 02, 2026	February 25, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 25, 2026	February 25, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 20, 2026	February 18, 2026	2026	View Filing

Showing 1 to 10 of 22 filings

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