Meridian Holdings (MRDN) EBITDA Margin (2016 - 2026)
Meridian Holdings (MRDN) posted EBITDA Margin of 10.27% for Q2 2026, up 6.79 percentage points from 3.48% a year earlier but down 0.94 percentage points from the prior quarter.
Meridian Holdings (MRDN) EBITDA Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at Meridian Holdings was -38.15%, down 42.05 percentage points year-over-year; for FY2025, it was -44.31%, down 50.63 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of -121.60 percentage points (FY2020 to FY2025).
- In prior years, Meridian Holdings' EBITDA Margin was 6.33% in FY2024 (-12.55 pp), 18.88% in FY2023, 2.67% in FY2022 (-4.33 pp) and 7.00% in FY2021.
- Quarterly EBITDA Margin has run from a low of -180.74% in Q4 2025 to a high of 30.11% in Q4 2023 over five years.
- On a year-over-year basis, EBITDA Margin increased in three of the last seven quarters, with an average year-over-year change of -31.49 percentage points.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q2 2026, with a gain of 6.79 percentage points; the weakest was Q4 2025, with a drop of 176.56 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 11.21% (Q1 2026), -180.74% (Q4 2025) and 7.61% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 31.36% |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 0.84% |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 5.89% |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 11.82% |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 26.91% |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 24.93% |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 17.66% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 29.00% |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | 19.44% |
| 10 | Meridian Holdings | 152.03 Mn | 79.86 Mn | 26.85 Mn | 10.27% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.27% |
| Mar 31, 2026 | 11.21% |
| Dec 31, 2025 | -180.74% |
| Sep 30, 2025 | 7.61% |
| Jun 30, 2025 | 3.48% |
| Mar 31, 2025 | 9.83% |
| Dec 31, 2024 | -4.18% |
| Sep 30, 2024 | 7.19% |
| Jun 30, 2024 | 10.02% |
| Mar 31, 2024 | 21.48% |
| Dec 31, 2023 | 30.11% |
| Jun 30, 2023 | 21.61% |
| Apr 30, 2023 | -2.62% |
| Jan 31, 2023 | -1.07% |
| Oct 31, 2022 | -15.69% |
| Jul 31, 2022 | 10.13% |
| Apr 30, 2022 | 11.19% |
| Jan 31, 2022 | 5.64% |
| Apr 30, 2020 | 243.19% |
| Oct 31, 2019 | 184.81% |
Meridian Holdings EBITDA 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=ebitda-margin&ticker=MRDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();