Meridian Holdings (MRDN) EBT Margin (2016 - 2026)
Meridian Holdings' EBT Margin was 5.15% in Q2 2026, up 12.65 percentage points from -7.50% a year earlier but down 0.57 percentage points from the prior quarter.
Meridian Holdings (MRDN) EBT Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Meridian Holdings' EBT Margin was -44.58% through Jun 30, 2026, down 40.30 percentage points year-over-year; for FY2025, it was -53.15%, down 53.95 percentage points from FY2024.
- EBT Margin shows a five-year change of -97.50 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 0.80% in FY2024 (-15.83 pp), 16.63% in FY2023, 1.29% in FY2022 (-4.46 pp) and 5.74% in FY2021.
- Quarterly EBT Margin has moved between -189.53% (Q4 2025) and 28.73% (Q4 2023) over five years.
- Compared with a year earlier, EBT Margin was higher in three of the last seven quarters, with an average year-over-year change of -31.57 percentage points.
- The best year-over-year quarter for EBT Margin over five years was Q2 2026 (a gain of 12.65 percentage points); the worst was Q4 2025 (a drop of 184.89 percentage points).
- Per Business Quant data, MRDN's EBT Margin in the three quarters before Q2 2026 was 5.72% (Q1 2026), -189.53% (Q4 2025) and 1.30% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 14.62% |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | -4.98% |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | -6.91% |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 12.08% |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 15.54% |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 10.70% |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 9.29% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | -1.77% |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | 24.56% |
| 10 | Meridian Holdings | 152.03 Mn | 79.86 Mn | 26.85 Mn | 5.15% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.15% |
| Mar 31, 2026 | 5.72% |
| Dec 31, 2025 | -189.53% |
| Sep 30, 2025 | 1.30% |
| Jun 30, 2025 | -7.50% |
| Mar 31, 2025 | -1.39% |
| Dec 31, 2024 | -4.65% |
| Sep 30, 2024 | -3.49% |
| Jun 30, 2024 | 1.37% |
| Mar 31, 2024 | 17.02% |
| Dec 31, 2023 | 28.73% |
| Jun 30, 2023 | 18.31% |
| Apr 30, 2023 | -5.18% |
| Jan 31, 2023 | -2.76% |
| Oct 31, 2022 | -17.32% |
| Jul 31, 2022 | 8.33% |
| Apr 30, 2022 | 10.29% |
| Jan 31, 2022 | 5.51% |
| Jul 31, 2021 | 14.90% |
| Apr 30, 2021 | 4.85% |
Meridian Holdings EBT 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=ebt-margin&ticker=MRDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();