Meridian Holdings (MRDN) Capital Expenditures (2022 - 2025)
Meridian Holdings (MRDN) reported Capital Expenditures of $1.76 million for Q4 2025, down 44.7% from $3.19 million a year earlier but up 107.1% from the prior quarter.
Meridian Holdings (MRDN) Capital Expenditures (2022 - 2025) Analysis & Trends
For FY2025, Meridian Holdings posted Capital Expenditures of $6.18 million, down 13.7% from FY2024.
- Capital Expenditures has a three-year compound annual growth rate of 452.1% (FY2022 to FY2025).
- By year, Capital Expenditures came in at $7.16 million in FY2024 (+24.7%), $5.74 million in FY2023 and $36,755 in FY2022.
- Five-year quarterly Capital Expenditures spans a low of $1,017 in Q4 2022 and a high of $5.73 million in Q4 2023.
- Year over year, Capital Expenditures gained in two of the last five quarters, with growth averaging 36.3%.
- Per Business Quant data, the three quarters before Q4 2025 came in at $849,940 (Q3 2025), $2.47 million (Q2 2025) and $1.11 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 332.00 Mn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 4.59 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 14.00 Mn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 36,000.00 |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 263.26 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 153.02 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 241.38 Mn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 167.00 Mn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | - |
| 10 | Meridian Holdings | 152.03 Mn | 79.86 Mn | 26.85 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.76 Mn |
| Sep 30, 2025 | 849,940.00 |
| Jun 30, 2025 | 2.47 Mn |
| Mar 31, 2025 | 1.11 Mn |
| Dec 31, 2024 | 3.19 Mn |
| Sep 30, 2024 | 2.46 Mn |
| Jun 30, 2024 | 591,248.00 |
| Mar 31, 2024 | 932,245.00 |
| Dec 31, 2023 | 5.73 Mn |
| Apr 30, 2023 | 10,633.00 |
| Jan 31, 2023 | 1,933.00 |
| Oct 31, 2022 | 1,017.00 |
| Jul 31, 2022 | 3,906.00 |
Meridian Holdings Capital Expenditures 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=capital-expenditures&ticker=MRDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();