MIAMI INTERNATIONAL HOLDINGS, INC.
Company Stats
- Market Cap
- $3.3B
- as of Sep 30, 2026
- Enterprise Value
- $2.9B
- Shares Outstanding
- 99.2M
- Free Float
- 72.5%
Income Statement
- Revenue
- $1.4B
- Operating Income
- $92.0M
- Net Income
- -$70.0M
- EBITDA
- $121.3M
- FCF Margin, 3Y Avg
- 3.9%
- FCF Margin, Worst Year
- -6.3%
Cash Flow
- Free Cash Flow
- $145.0M
- FCF Yield
- 4.4%
- Owner FCF Yield
- 2.6%
Balance Sheet
- Cash & Equivalents
- $433.6M
- Total Debt
- $1.5M
- Net Cash
- $432.1M
- EV / EBITDA
- 23.83x
Returns & Capital
- Share Repurchases
- $21.8M
- Buyback Yield, 3Y Avg
- 0.4%
- SBC, 3Y Avg
- $43.7M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $1.4B | $145.0M | 10.6% |
| FY2024 | $1.1B | $84.7M | 7.4% |
| FY2023 | $1.0B | -$65.4M | -6.3% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 11, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Financial Services Earnings: Demand Strong, Costs Bite Back