MIAX (Miami International Holdings) Net Margin %: 46.05% (As of Mar. 2026)


MIAX Miami International Holdings Inc MIAX
39 GF Score
Price $40.84
! 2 Warning Signs
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What is Miami International Holdings Net Margin %?

Miami International Holdings MIAX +4.58% 39 Net Margin % is 46.05% as of Mar. 2026. GuruFocus rates MIAX with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 777 Capital Markets companies, Miami International Holdings ranks worse than 57.4% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Miami International Holdings's Net Income for the three months ended in Mar. 2026 was $170 Mil. Miami International Holdings's Revenue for the three months ended in Mar. 2026 was $370 Mil. Therefore, Miami International Holdings's net margin for the quarter that ended in Mar. 2026 was 46.05%.

The historical rank and industry rank for Miami International Holdings's Net Margin % or its related term are showing as below:

MIAX' s Net Margin % Range Over the Past 10 Years
Min: -12.43   Med: -3.57   Max: 8.96
Current: 8.65


MIAX's Net Margin % is ranked worse than
57.4% of 777 companies
in the Capital Markets industry
Industry Median: 14.46 vs MIAX: 8.65

Miami International Holdings  (NYSE:MIAX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Miami International Holdings Net Margin % Related Terms


Miami International Holdings Net Margin % Historical Data

* Premium members only.

The historical data trend for Miami International Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Miami International Holdings Net Margin % Chart

Miami International Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial -12.43 7.21 -2.01 8.96 -5.13

Miami International Holdings Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.55 7.18 -30.04 8.11 46.05

MIAX vs PJT, LAZ, MKTX: Net Margin % Comparison

For the Capital Markets subindustry, Miami International Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Miami International Holdings Net Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Miami International Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Miami International Holdings's Net Margin % falls into.


MIAX
39GF Score
Miami International Holdings Inc MIAX
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Miami International Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Miami International Holdings's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-70.029/1364.073
=-5.13 %

Miami International Holdings's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=170.224/369.69
=46.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 46.05% mean?
Miami International Holdings (MIAX) has a Net Margin % of 46.05% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Miami International Holdings and its competitors. According to the industry distribution chart, Miami International Holdings ranks #446 out of 777 companies in the Capital Markets industry, placing it in the top 57.4%.
Is Miami International Holdings' Net Margin % too high?
Miami International Holdings' current Net Margin % is 46.05%. The Capital Markets industry median Net Margin % is 14.46. Miami International Holdings' value of 46.05% is 218.5% above this industry median. Based on the distribution chart, Miami International Holdings ranks #446 out of 777 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Miami International Holdings has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Miami International Holdings' Net Margin % compare to PJT and LAZ?
According to the Capital Markets industry distribution chart, Miami International Holdings ranks #446 out of 777 companies for Net Margin %. This places Miami International Holdings in the lower half of its industry. The industry median Net Margin % is 14.46. Miami International Holdings' value of 46.05% is 218.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.46, based on 777 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Miami International Holdings's current Net Margin % of 46.05% is 218.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Miami International Holdings and its competitors. For the Capital Markets industry, the median Net Margin % is 14.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miami International Holdings's current Net Margin % is 46.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miami International Holdings stock overvalued right now?
Miami International Holdings (MIAX) has a current Net Margin % of 46.05%. The current Net Margin % is 46.05% and 218.5% above the Capital Markets industry median of 14.46. Miami International Holdings' overall GF Score™ is 39/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Miami International Holdings (MIAX), the current Net Margin % is 46.05% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Miami International Holdings Business Description

Address 7 Roszel Road, Suite 1A, Princeton, NJ, USA, 08540
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.
39GF Score

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