Meridian Holdings (MRDN) EV to EBITDA (2024 - 2026)
Meridian Holdings' (MRDN) quarterly EV to EBITDA 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 EBITDA (2024 - 2026) Analysis & Trends
Meridian Holdings (MRDN) has reported EV to EBITDA for 3 consecutive years, with 65.8 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA 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 EBITDA climbed to 65.8 in Q2 2026 per MRDN's latest filing, from 24.3 in the prior quarter.
- Across five years, EV to EBITDA topped out at 2129.39 in Q2 2024 and bottomed at 2316.31 in Q4 2024.
- Historically, EV to EBITDA 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 EBITDA plunged 104.44% in 2025, then soared 169.54% in 2026.
- Over 3 years, EV to EBITDA 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 EBITDA 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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |