Meridian Holdings MRDN
NASDAQ MRDN
$13.20 -0.01 (-0.08%)
As of: Sep 10, 2026 · 9:32 AM EDT

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

Meridian Holdings' (MRDN) quarterly EV to FCF came in at 23.74 in Q2 2026, up 113.28% on a YoY basis from 11.13 in Q2 2025, and up 59.94% quarter-over-quarter from 14.84 in Q1 2026.

Analysis

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

Meridian Holdings (MRDN) has reported EV to FCF for 3 consecutive years, with 23.74 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EV to FCF rose 113.28% year-over-year to 23.74; the trailing twelve-month figure through Jun 2026 stood at 6.54 (down 33.27% YoY), and the FY2025 full-year result was 5.49, down 59.98% from the prior year.
  • EV to FCF improved to 23.74 in Q2 2026 per MRDN's latest filing, from 14.84 in the prior quarter.
  • Across five years, EV to FCF topped out at 109.14 in Q3 2024 and bottomed at 178.78 in Q2 2025.
  • Historically, EV to FCF has averaged 5.69 across 3 years, with a median of 17.12 in 2024.
  • The sharpest annual moves came in 2025 and 2026: EV to FCF plunged 79.18% in 2025, then jumped 113.28% in 2026.
  • Over 3 years, EV to FCF stood at 17.12 in 2024, then slipped by 4.71% to 16.31 in 2025, then jumped by 45.52% to 23.74 in 2026.
  • According to Business Quant data, EV to FCF over the past three periods registered 23.74, 14.84, and 16.31 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Flutter Entertainment 17.46 Bn 15.89 Bn 1.71 Bn
2 DraftKings 11.85 Bn 10.85 Bn 551.45 Mn
3 Super Group (SGHC) 7.10 Bn 6.55 Bn -
4 Rush Street Interactive 3.04 Bn 2.70 Bn 139.66 Mn
5 Codere Online Luxembourg 413.10 Mn 343.67 Mn -
6 Meridian Holdings 167.18 Mn 149.86 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 23.74
Mar 31, 2026 14.84
Dec 31, 2025 16.31
Sep 30, 2025 22.72
Jun 30, 2025 -178.78
Mar 31, 2025 30.45
Dec 31, 2024 17.12
Sep 30, 2024 109.14
Jun 30, 2024 -106.75