Meridian Holdings MRDN
NASDAQ MRDN
$12.18 +0.18 (+1.50%)
At close: Sep 30, 2026 · 4:00 PM EDT

Meridian Holdings (MRDN) EBIT Margin (2016 - 2026)

Updated

Meridian Holdings' EBIT Margin came in at 4.86% for Q2 2026, up 10.19 percentage points from -5.33% a year earlier but down 1.44 percentage points from the prior quarter.

Analysis

Meridian Holdings (MRDN) EBIT Margin (2016 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Meridian Holdings reported EBIT Margin of -44.71%, down 42.69 percentage points year-over-year; for FY2025, it came in at -52.59%, down 54.41 percentage points from FY2024.

  • EBIT Margin carries a five-year change of -98.31 percentage points (FY2020 to FY2025).
  • Going back by year, EBIT Margin was 1.82% in FY2024 (-12.98 pp), 14.80% in FY2023, 0.53% in FY2022 (-6.12 pp) and 6.65% in FY2021.
  • The five-year range for quarterly EBIT Margin is -188.33% (Q4 2025) to 25.53% (Q4 2023).
  • Year-over-year, EBIT Margin increased in three of the last seven quarters, with an average year-over-year change of -30.90 percentage points.
  • The fastest year-over-year change in EBIT Margin over five years came in Q2 2026 (a gain of 10.19 percentage points), and the weakest in Q4 2025 (a drop of 188.11 percentage points).
  • Business Quant data shows MRDN's EBIT Margin at 6.30% (Q1 2026), -188.33% (Q4 2025) and -0.82% (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Las Vegas Sands 24.82 Bn 11.24 Bn 1.48 Bn 19.59%
2 DraftKings 17.42 Bn 13.08 Bn 551.45 Mn -4.72%
3 Flutter Entertainment 12.92 Bn 6.67 Bn 1.71 Bn -3.33%
4 Madison Square Garden Sports 9.97 Bn 9.56 Bn 119.21 Mn 11.53%
5 Life Time Group Holdings 8.95 Bn 8.18 Bn 412.26 Mn 17.29%
6 Wynn Resorts 8.09 Bn 1.64 Bn 758.95 Mn 16.03%
7 MGM Resorts International 7.93 Bn -255.39 Mn 1.98 Bn 11.32%
8 Caesars Entertainment 6.03 Bn 2.66 Bn 1.50 Bn 17.14%
9 Super Group (SGHC) 5.86 Bn 3.85 Bn - 23.39%
10 Meridian Holdings 152.03 Mn 79.86 Mn 26.85 Mn 4.86%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.86%
Mar 31, 2026 6.30%
Dec 31, 2025 -188.33%
Sep 30, 2025 -0.82%
Jun 30, 2025 -5.33%
Mar 31, 2025 -0.25%
Dec 31, 2024 -0.22%
Sep 30, 2024 -2.38%
Jun 30, 2024 0.32%
Mar 31, 2024 14.87%
Dec 31, 2023 25.53%
Jun 30, 2023 17.40%
Apr 30, 2023 -4.76%
Jan 31, 2023 -3.05%
Oct 31, 2022 -17.75%
Jul 31, 2022 8.01%
Apr 30, 2022 8.94%
Jan 31, 2022 4.55%
Jul 31, 2021 15.71%
Apr 30, 2021 5.36%
API Access

Meridian Holdings EBIT Margin 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=ebit-margin&ticker=MRDN&period=max&api_key=YOUR_API_KEY