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MIAMI INTERNATIONAL HOLDINGS, INC.

MIAX

$34.51 ▼ -0.47 (-1.34%) at close

7 Visible periods

28 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Weak

Bearish

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Analytical Summary

MIAMI INTERNATIONAL HOLDINGS, INC. faces fundamental challenges with weakness in Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $2.4B

Dividend Yield —

Revenue Growth 22.8%

Op. Margin -0.1% ↘

ROIC -0.1% ↘

FCF / Share $0.76 ↗

Trailing P/E —

Price / Book 8.0x

FCF Yield 2.2%

Debt / Equity 0.00

info Valuation on last close. End-of-day price, Nov 5, 2026.

7-Year Financial Trajectory

Quarterly

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$339.78M

↑ +22.8% —

Net Income Profit after all expenses

$-21.42M

↓ -568.5% —

Operating Margin Operating profit as % of sales

-0.1%

↓ -101.1% 48th

FCF / Share Free cash flow per share

$0.76

↑ +14.8% —

Long-Term Debt Long-term obligations

$1.51M

— 0.0% —

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Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Financial Health

Cash Quality

Financial view

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📈 Is growth accelerating? 3 metrics

Metric	Q3 FY2026 Dec 31, 2025 10-Q ↗	Q2 FY2026 Dec 31, 2025 10-Q ↗	Q1 FY2026 Dec 31, 2025 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Dec 31, 2024 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q4 FY2023 Dec 31, 2023 10-K ↗
Revenue Growth YoY (%)	22.8% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+280%)	—	—	—	—	—	—
EPS Growth YoY (%)	-2820.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—
Net Income Growth YoY (%)	-568.5% Weak Weak Year-over-year change in net income	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	Q3 FY2026 Dec 31, 2025 10-Q ↗	Q2 FY2026 Dec 31, 2025 10-Q ↗	Q1 FY2026 Dec 31, 2025 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Dec 31, 2024 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q4 FY2023 Dec 31, 2023 10-K ↗
Operating Margin (%) (%)	-0.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-100%)	8.3% Caution → Caution Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-67%)	6.8% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-73%)	18.6% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-26%)	-0.4% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-102%)	—	—
Effective Tax Rate (%) (%)	0.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.6% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.7% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-94.7% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—
Profit Margin (%) (%)	-6.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-129%)	7.2% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-67%)	-6.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-130%)	-30.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-240%)	-1.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-105%)	—	—
FCF Margin (%) (%)	15.6% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	13.0% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	17.0% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—
FCF / Net Income (x)	-2.47x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.82x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-0.30x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.55x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	Q3 FY2026 Dec 31, 2025 10-Q ↗	Q2 FY2026 Dec 31, 2025 10-Q ↗	Q1 FY2026 Dec 31, 2025 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Dec 31, 2024 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q4 FY2023 Dec 31, 2023 10-K ↗
Return on Invested Capital (%)	-0.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	3.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	2.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	6710.2% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	-6.1% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	-0.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	2.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	8.1% Fair Fair Operating profit relative to total assets Optimal: > 10%	-0.1% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-5.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-149%)	2.7% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-78%)	-2.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-120%)	—	—	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	Q3 FY2026 Dec 31, 2025 10-Q ↗	Q2 FY2026 Dec 31, 2025 10-Q ↗	Q1 FY2026 Dec 31, 2025 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Dec 31, 2024 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q4 FY2023 Dec 31, 2023 10-K ↗
Debt to Equity (x)	0.00x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—	—
Interest Coverage (x)	-0.09x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	5.58x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	5.05x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	30.07x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	-0.54x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—
Net Debt (USD)	$-399.97M	$-193.81M	$-128.25M	$-432.14M	$-88.06M	$-113.31M	$-59.29M
Debt / EBITDA (x)	0.19x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.04x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.05x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.01x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	7.58x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	Q3 FY2026 Dec 31, 2025 10-Q ↗	Q2 FY2026 Dec 31, 2025 10-Q ↗	Q1 FY2026 Dec 31, 2025 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Dec 31, 2024 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q4 FY2023 Dec 31, 2023 10-K ↗
Revenue per Share (USD)	$4.85	$5.05	$5.15	—	$4.37	—	—
Basic EPS, GAAP (USD)	$-1.46	$0.36	$-0.34	$-2.64	$-0.05	—	—
Free Cash Flow per Share (USD)	$0.76	$0.66	$0.10	—	—	—	—
Book Value per Share (USD)	$4.30	$10.30	$10.30	—	—	—	—
Tangible Book Value per Share (USD)	$1.57	$7.58	$7.58	—	—	—	—
Basic Weighted Avg Shares (shares)	70.13M	64.94M	63.55M	—	63.25M	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	Q3 FY2026 Dec 31, 2025 10-Q ↗	Q2 FY2026 Dec 31, 2025 10-Q ↗	Q1 FY2026 Dec 31, 2025 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Dec 31, 2024 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q4 FY2023 Dec 31, 2023 10-K ↗
Working Capital (USD)	$517.95M	$517.95M	$517.95M	$517.95M	$167.59M	$167.59M	—
LT Debt (USD)	$1.51M	$1.51M	$1.51M	$1.51M	$37.03M	$37.03M	—
Total Equity (USD)	$367.62M	$881.02M	$881.02M	—	—	—	—

📋 What is driving earnings? 4 metrics

Metric	Q3 FY2026 Dec 31, 2025 10-Q ↗	Q2 FY2026 Dec 31, 2025 10-Q ↗	Q1 FY2026 Dec 31, 2025 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Dec 31, 2024 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q4 FY2023 Dec 31, 2023 10-K ↗
Sales/Revenue/Turnover (USD)	$339.78M	$327.78M	$327.08M	$547.90M	$276.66M	—	—
Depreciation Expense (USD)	$8.23M	$6.94M	$6.17M	$12.27M	$6.04M	—	—
Net Income, GAAP (USD)	$-21.42M	$23.53M	$-21.42M	$-169.26M	$-3.20M	—	—
Operating Cash Flow (USD)	$54.70M	$54.95M	$11.19M	$95.43M	—	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 5 days ago 3 years · 7 quarters

MIAMI INTERNATIONAL HOLDINGS, INC.

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7-Year Financial Trajectory

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