Miami International Holdings (MIAX) FCF Margin (2024 - 2026)
Miami International Holdings' (MIAX) quarterly FCF Margin came in at 17.74% in Q1 2026, up 1537.0% YoY from 1.08% in Q1 2025, and up 52.82% on a QoQ basis from 11.61% in Q4 2025.
Miami International Holdings (MIAX) FCF Margin (2024 - 2026) Analysis & Trends
Miami International Holdings (MIAX) has 3 years of FCF Margin data on file, last reported at 17.74% in Q1 2026.
- Quarterly FCF Margin rose 1537.0% year-over-year to 17.74% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.26% (changed N/A YoY) and the FY2025 annual result came in at 10.63%, up 136.0% from the prior year.
- FCF Margin improved to 17.74% in Q1 2026, from 11.61% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 17.74% in Q1 2026 to a low of 2.36% in Q1 2025.
- A 3-year average of 11.22% and a median of 12.39% in 2025 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2025 — FCF Margin slumped 157 bps — and 2026, when it surged 1537 bps.
- Tracing MIAX's FCF Margin over 3 years: stood at 13.17% in 2024, then dropped by 12 bps to 11.61% in 2025, then jumped by 53 bps to 17.74% in 2026.
- The last three FCF Margin figures came in at 17.74% (Q1 2026), 11.61% (Q4 2025), and 2.36% (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | -16.70% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 27.55% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 58.19% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 54.13% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 326.90% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 3.90% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 67.13% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 70.91% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | - |
| 10 | Miami International Holdings | 4.18 Bn | 3.51 Bn | 141.11 Mn | 27.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.46% |
| Mar 31, 2026 | 17.74% |
| Dec 31, 2025 | 11.61% |
| Mar 31, 2025 | 2.36% |
| Dec 31, 2024 | 13.17% |