Meridian Holdings (MRDN) EV to EBITDA (2016 - 2025)
Meridian Holdings' EV to EBITDA came in at 19.01 for Q3 2025, up 130.1% from 8.26 a year earlier but down 41.3% from the prior quarter.
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Analysis
Meridian Holdings (MRDN) EV to EBITDA (2016 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Meridian Holdings reported EV to EBITDA of 7.92, up 36.5% year-over-year; for FY2024, it came in at 24.02, up 132.1% from FY2023.
- Going back by year, EV to EBITDA was 10.35 in FY2023, 60.84 in FY2022 (-74.4%), 237.39 in FY2021 and 9.10 in FY2020.
- The five-year range for quarterly EV to EBITDA is 6.38 (Q4 2023) to 403.00 (Q1 2023).
- Year-over-year, EV to EBITDA has increased for four consecutive quarters, with growth averaging 261.4% over the last four quarters.
- Business Quant data shows MRDN's EV to EBITDA at 32.38 (Q2 2025), 25.75 (Q1 2025) and 22.26 (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - |
| 10 | Meridian Holdings | 152.03 Mn | 79.86 Mn | 26.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 19.01 |
| Jun 30, 2025 | 32.38 |
| Mar 31, 2025 | 25.75 |
| Dec 31, 2024 | 22.26 |
| Sep 30, 2024 | 8.26 |
| Jun 30, 2024 | 8.22 |
| Mar 31, 2024 | 7.70 |
| Dec 31, 2023 | 7.99 |
| Jun 30, 2023 | 67.92 |
| Jan 31, 2023 | 403.00 |
| Oct 31, 2022 | 67.25 |
| Jul 31, 2022 | 35.41 |
| Apr 30, 2022 | 45.07 |
| Jan 31, 2022 | 61.96 |
| Apr 30, 2020 | 9.58 |
| Oct 31, 2019 | 7.84 |
| Jul 31, 2019 | 7.40 |
| Apr 30, 2019 | 2,783.81 |
| Oct 31, 2017 | 54.82 |
| Jul 31, 2017 | 4.37 |
API Access
Meridian Holdings EV to EBITDA 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=ev-to-ebitda&ticker=MRDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();