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

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

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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%
API Access

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