Meridian Holdings (MRDN) EV to FCF (2016 - 2026)
Meridian Holdings' (MRDN) EV to FCF stood at 6.27 in Q2 2026, down 35.9% from 9.79 a year earlier but up 44.7% from the prior quarter.
Meridian Holdings (MRDN) EV to FCF (2016 - 2026) Analysis & Trends
On a TTM basis, Meridian Holdings' EV to FCF came in at 4.07 as of Jun 30, 2026, down 24.4% year-over-year; for FY2025, it came in at 5.49, down 60.0% from FY2024.
- Across earlier years, EV to FCF came in at 13.71 in FY2024 (+35.4%), 10.13 in FY2023, 21.39 in FY2022 (-85.5%) and 147.46 in FY2021.
- Quarterly EV to FCF has ranged from 4.34 in Q1 2026 to 77.19 in Q1 2023 over the past five years.
- On a year-over-year basis, EV to FCF has declined for five consecutive quarters, with an average decline of 11.3% over the last seven quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 175.0% in Q2 2023, against a decline of 63.6% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.34 (Q1 2026), 5.49 (Q4 2025) and 5.37 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - |
| 10 | Meridian Holdings | 154.31 Mn | 82.14 Mn | 26.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.27 |
| Mar 31, 2026 | 4.34 |
| Dec 31, 2025 | 5.49 |
| Sep 30, 2025 | 5.37 |
| Jun 30, 2025 | 9.79 |
| Mar 31, 2025 | 11.90 |
| Dec 31, 2024 | 13.71 |
| Sep 30, 2024 | 12.44 |
| Jun 30, 2024 | 14.59 |
| Mar 31, 2024 | 10.27 |
| Dec 31, 2023 | 10.25 |
| Apr 30, 2023 | 74.43 |
| Jan 31, 2023 | 77.19 |
| Oct 31, 2022 | 21.15 |
| Jul 31, 2022 | 26.60 |
| Apr 30, 2022 | 29.61 |
| Jan 31, 2022 | 49.36 |
| Jul 31, 2021 | 88.94 |
| Apr 30, 2021 | 198.03 |
| Jan 31, 2021 | 64.42 |
Meridian Holdings EV to FCF 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-fcf&ticker=MRDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();