Miami International Holdings (MIAX) Tax Rate (2024 - 2025)
Miami International Holdings' Tax Rate came in at -53.60% for the quarter ended Jun 30, 2026, down 58.17 percentage points from 4.58% a year earlier but up 16.55 percentage points from the prior quarter.
Miami International Holdings (MIAX) Tax Rate (2024 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Miami International Holdings reported Tax Rate of -150.50%, down 215.09 percentage points year-over-year; for the year ended Dec 31, 2025, it was -2.11%, down 5.06 percentage points from the prior year.
- Going back by year, Tax Rate was 2.95% in the year ended Dec 31, 2024 (-0.21 pp) and 3.16% in the year ended Dec 31, 2023.
- The five-year range for quarterly Tax Rate is -94.71% (the quarter ended Sep 30, 2024) to 11.45% (the quarter ended Dec 31, 2024).
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -10.07 percentage points over the last four quarters.
- Business Quant data shows MIAX's Tax Rate at -70.14% (quarter ended Mar 31, 2026), 2.99% (quarter ended Dec 31, 2025) and 0.79% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 19.18% |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 20.95% |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 21.53% |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 24.24% |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 22.36% |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 21.96% |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 8.10% |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 25.59% |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 28.62% |
| 10 | Miami International Holdings | 3.31 Bn | 758.09 Mn | 141.11 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.99% |
| Jun 30, 2025 | 4.58% |
| Dec 31, 2024 | 11.45% |
Miami International Holdings Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MIAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MIAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MIAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();