Meridian Holdings (MRDN) Asset Utilization Ratio (2016 - 2026)
Meridian Holdings' (MRDN) Asset Utilization Ratio was 1.74 for Q2 2026, up 113.3% from 0.81 a year earlier and up 5.0% from the prior quarter.
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Analysis
Meridian Holdings (MRDN) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Meridian Holdings was 1.10, up 7.1% from FY2024.
- By year, Asset Utilization Ratio came in at 1.03 in FY2024 (-36.1%), 1.61 in FY2023, 1.36 in FY2022 (+106.4%) and 0.66 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Asset Utilization Ratio since Q4 2023.
- Year over year, Asset Utilization Ratio has now increased in each of the last four quarters, with growth averaging 43.3% over the last five quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.65 (Q1 2026), 1.12 (Q4 2025) and 0.85 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.54 Bn | 10.64 Bn | 1.48 Bn | 0.67 |
| 2 | Flutter Entertainment | 13.66 Bn | 7.03 Bn | 1.71 Bn | 0.61 |
| 3 | DraftKings | 10.19 Bn | 5.85 Bn | 551.45 Mn | 1.45 |
| 4 | Madison Square Garden Sports | 9.99 Bn | 9.58 Bn | 119.21 Mn | 0.76 |
| 5 | Life Time Group Holdings | 9.09 Bn | 8.33 Bn | 412.26 Mn | 0.39 |
| 6 | Wynn Resorts | 7.77 Bn | 2.06 Bn | 758.95 Mn | 0.57 |
| 7 | MGM Resorts International | 7.33 Bn | -1.71 Bn | 1.98 Bn | 0.44 |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 0.53 |
| 9 | Caesars Entertainment | 5.90 Bn | 2.34 Bn | 1.50 Bn | 0.37 |
| 10 | Meridian Holdings | 137.42 Mn | 63.74 Mn | 26.85 Mn | 1.74 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.74 |
| Mar 31, 2026 | 1.65 |
| Dec 31, 2025 | 1.12 |
| Sep 30, 2025 | 0.85 |
| Jun 30, 2025 | 0.81 |
| Mar 31, 2025 | 0.79 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 0.82 |
| Dec 31, 2023 | 1.61 |
| Jul 31, 2023 | 1.20 |
| Apr 30, 2023 | 1.15 |
| Jan 31, 2023 | 1.13 |
| Oct 31, 2022 | 1.09 |
| Jul 31, 2022 | 0.89 |
| Apr 30, 2022 | 0.71 |
| Jan 31, 2022 | 0.64 |
| Jul 31, 2021 | 0.54 |
| Apr 30, 2021 | 0.42 |
| Jan 31, 2021 | 0.35 |
| Oct 31, 2020 | 0.35 |
API Access
Meridian Holdings Asset Utilization Ratio 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=asset-utilization-ratio&ticker=MRDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MRDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();