Meridian Holdings MRDN
NASDAQ MRDN
$13.21 -0.27 (-2.00%)
At close: Sep 9, 2026 · 4:00 PM EDT

Meridian Holdings (MRDN) EV to EBIT (2024 - 2026)

Meridian Holdings' (MRDN) quarterly EV to EBIT came in at 65.8 in Q2 2026, up 169.54% on a YoY basis from 24.41 in Q2 2025, and up 170.71% quarter-over-quarter from 24.3 in Q1 2026.

Analysis

Meridian Holdings (MRDN) EV to EBIT (2024 - 2026) Analysis & Trends

Meridian Holdings (MRDN) has reported EV to EBIT for 3 consecutive years, with 65.8 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EV to EBIT rose 169.54% year-over-year to 65.8; the trailing twelve-month figure through Jun 2026 stood at 1.82 (up 97.09% YoY), and the FY2025 full-year result was 1.09, down 101.31% from the prior year.
  • EV to EBIT climbed to 65.8 in Q2 2026 per MRDN's latest filing, from 24.3 in the prior quarter.
  • Across five years, EV to EBIT topped out at 2129.39 in Q2 2024 and bottomed at 2316.31 in Q4 2024.
  • Historically, EV to EBIT has averaged 338.03 across 3 years, with a median of 94.61 in 2025.
  • The sharpest annual moves came in 2025 and 2026: EV to EBIT plunged 104.44% in 2025, then soared 169.54% in 2026.
  • Over 3 years, EV to EBIT stood at 2316.31 in 2024, then surged by 99.95% to 1.13 in 2025, then jumped by 5940.0% to 65.8 in 2026.
  • According to Business Quant data, EV to EBIT over the past three periods registered 65.8, 24.3, and 1.13 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DraftKings 21.34 Bn 20.35 Bn 551.45 Mn
2 Flutter Entertainment 17.38 Bn 16.20 Bn 1.71 Bn
3 Super Group (SGHC) 7.08 Bn 6.53 Bn -
4 Rush Street Interactive 6.18 Bn 6.00 Bn 139.66 Mn
5 Codere Online Luxembourg 412.23 Mn 342.98 Mn -
6 Meridian Holdings 171.67 Mn 155.85 Mn 26.85 Mn
7 High Roller Technologies 54.90 Mn 52.24 Mn -
8 VIP Play 24.98 Mn 24.89 Mn -313,000.00
9 Apple iSports 16.64 Mn 16.64 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 65.80
Mar 31, 2026 24.30
Dec 31, 2025 -1.13
Sep 30, 2025 -362.35
Jun 30, 2025 -94.61
Mar 31, 2025 -2,229.41
Dec 31, 2024 -2,316.31
Sep 30, 2024 -257.93
Jun 30, 2024 2,129.39