vs
MIAMI INTERNATIONAL HOLDINGS, INC.（MIAX）与SEI INVESTMENTS CO（SEIC）财务数据对比。点击上方公司名可切换其他公司
SEI INVESTMENTS CO的季度营收约是MIAMI INTERNATIONAL HOLDINGS, INC.的1.8倍（$622.2M vs $339.8M）。SEI INVESTMENTS CO净利率更高（28.0% vs -30.0%，领先58.1%）。MIAMI INTERNATIONAL HOLDINGS, INC.同比增速更快（22.8% vs 13.0%）
迈阿密国际控股旗下的迈阿密航空是美国佛罗里达州迈阿密戴德郡的包机航空公司，以迈阿密国际机场为运营基地，面向全球提供客运包机服务，客户涵盖邮轮公司、职业体育队、美国军方、世界500强企业、演艺人士、政界候选人等多元群体。
SEI Investments是一家总部位于美国宾夕法尼亚州奥克斯的金融服务企业，服务对象涵盖机构、私人银行、投资顾问、资产管理机构及私人客户。集团通过旗下子公司及参股合作主体，管理、咨询或受托运营规模达1万亿美元的资产，覆盖对冲基金、私募股权、共同基金及各类集合或独立管理资产品类。
MIAX vs SEIC — 直观对比
营收规模更大
SEIC
是对方的1.8倍
$339.8M
营收增速更快
MIAX
高出9.8%
13.0%
净利率更高
SEIC
高出58.1%
-30.0%
损益表 — Q3 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $339.8M | $622.2M |
| 净利润 | $-102.1M | $174.5M |
| 毛利率 | 32.2% | — |
| 营业利润率 | -0.1% | 30.5% |
| 净利率 | -30.0% | 28.0% |
| 营收同比 | 22.8% | 13.0% |
| 净利润同比 | -3086.0% | 15.0% |
| 每股收益（稀释后） | $-1.46 | $1.40 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MIAXSEIC
| Q1 26 | — | $622.2M | ||
| Q4 25 | — | $607.9M | ||
| Q3 25 | $339.8M | $578.5M | ||
| Q2 25 | — | $559.6M | ||
| Q1 25 | — | $551.3M | ||
| Q4 24 | — | $557.2M | ||
| Q3 24 | $276.7M | $537.4M | ||
| Q2 24 | — | $519.0M |
净利润MIAXSEIC
| Q1 26 | — | $174.5M | ||
| Q4 25 | — | $172.5M | ||
| Q3 25 | $-102.1M | $164.2M | ||
| Q2 25 | — | $227.1M | ||
| Q1 25 | — | $151.5M | ||
| Q4 24 | — | $155.8M | ||
| Q3 24 | $-3.2M | $154.9M | ||
| Q2 24 | — | $139.1M |
毛利率MIAXSEIC
| Q1 26 | — | — | ||
| Q4 25 | — | 36.8% | ||
| Q3 25 | 32.2% | 35.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | — | 34.9% | ||
| Q4 24 | — | 33.1% | ||
| Q3 24 | 25.1% | 33.8% | ||
| Q2 24 | — | 32.7% |
营业利润率MIAXSEIC
| Q1 26 | — | 30.5% | ||
| Q4 25 | — | 26.6% | ||
| Q3 25 | -0.1% | 27.7% | ||
| Q2 25 | — | 26.6% | ||
| Q1 25 | — | 28.5% | ||
| Q4 24 | — | 26.1% | ||
| Q3 24 | -0.4% | 26.8% | ||
| Q2 24 | — | 26.3% |
净利率MIAXSEIC
| Q1 26 | — | 28.0% | ||
| Q4 25 | — | 28.4% | ||
| Q3 25 | -30.0% | 28.4% | ||
| Q2 25 | — | 40.6% | ||
| Q1 25 | — | 27.5% | ||
| Q4 24 | — | 28.0% | ||
| Q3 24 | -1.2% | 28.8% | ||
| Q2 24 | — | 26.8% |
每股收益（稀释后）MIAXSEIC
| Q1 26 | — | $1.40 | ||
| Q4 25 | — | $1.38 | ||
| Q3 25 | $-1.46 | $1.30 | ||
| Q2 25 | — | $1.78 | ||
| Q1 25 | — | $1.17 | ||
| Q4 24 | — | $1.18 | ||
| Q3 24 | $-0.05 | $1.19 | ||
| Q2 24 | — | $1.05 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $401.5M | $363.1M |
| 总债务越低越好 | $6.5M | $32.4M |
| 股东权益账面价值 | $831.9M | $2.5B |
| 总资产 | $1.2B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.01× | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资MIAXSEIC
| Q1 26 | — | $363.1M | ||
| Q4 25 | — | $399.8M | ||
| Q3 25 | $401.5M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $710.7M | ||
| Q4 24 | — | $839.9M | ||
| Q3 24 | $125.1M | $901.1M | ||
| Q2 24 | — | $768.3M |
总债务MIAXSEIC
| Q1 26 | — | $32.4M | ||
| Q4 25 | — | — | ||
| Q3 25 | $6.5M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益MIAXSEIC
| Q1 26 | — | $2.5B | ||
| Q4 25 | — | $2.4B | ||
| Q3 25 | $831.9M | $2.4B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $351.4M | $2.4B | ||
| Q2 24 | — | $2.2B |
总资产MIAXSEIC
| Q1 26 | — | $3.3B | ||
| Q4 25 | — | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.5B |
负债/权益比MIAXSEIC
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $120.8M | — |
| 自由现金流经营现金流 - 资本支出 | $102.2M | — |
| 自由现金流率自由现金流/营收 | 30.1% | — |
| 资本支出强度资本支出/营收 | 5.5% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MIAXSEIC
| Q1 26 | — | — | ||
| Q4 25 | — | $126.4M | ||
| Q3 25 | $120.8M | $238.3M | ||
| Q2 25 | — | $96.5M | ||
| Q1 25 | — | $146.5M | ||
| Q4 24 | — | $195.3M | ||
| Q3 24 | — | $200.0M | ||
| Q2 24 | — | $114.7M |
自由现金流MIAXSEIC
| Q1 26 | — | — | ||
| Q4 25 | — | $124.8M | ||
| Q3 25 | $102.2M | $229.6M | ||
| Q2 25 | — | $92.7M | ||
| Q1 25 | — | $137.8M | ||
| Q4 24 | — | $190.2M | ||
| Q3 24 | — | $193.7M | ||
| Q2 24 | — | $107.0M |
自由现金流率MIAXSEIC
| Q1 26 | — | — | ||
| Q4 25 | — | 20.5% | ||
| Q3 25 | 30.1% | 39.7% | ||
| Q2 25 | — | 16.6% | ||
| Q1 25 | — | 25.0% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | — | 36.0% | ||
| Q2 24 | — | 20.6% |
资本支出强度MIAXSEIC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | 5.5% | 1.5% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.5% |
现金转化率MIAXSEIC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | — | 0.43× | ||
| Q1 25 | — | 0.97× | ||
| Q4 24 | — | 1.25× | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | 0.82× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MIAX
| Transferred At Point In Time | $246.7M | 73% |
| Transferred Over Time | $29.9M | 9% |
| Access Fees | $27.1M | 8% |
| Futures Segment | $19.4M | 6% |
| Other | $9.1M | 3% |
| TISEG | $4.7M | 1% |
SEIC
暂无分部数据
