Meridian Holdings (MRDN) FCF Margin (2016 - 2026)
Meridian Holdings (MRDN) recorded FCF Margin of 15.54% in Q2 2026, up 15.75 percentage points from -0.21% a year earlier and up 5.25 percentage points from the prior quarter.
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Analysis
Meridian Holdings (MRDN) FCF Margin (2016 - 2026) Analysis & Trends
On a TTM basis, Meridian Holdings' FCF Margin came in at 12.97% as of Jun 30, 2026, up 0.09 percentage points year-over-year; for FY2025, it was 10.49%, down 0.60 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -183.16 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 11.09% in FY2024 (-8.21 pp), 19.30% in FY2023, 7.59% in FY2022 (-3.67 pp) and 11.26% in FY2021.
- The Q2 2026 figure is the highest quarterly FCF Margin since Q4 2024.
- On a year-over-year basis, FCF Margin rose in five of the last seven quarters, with an average year-over-year change of +1.50 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 15.75 percentage points in Q2 2026, against a drop of 17.03 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.29% (Q1 2026), 13.01% (Q4 2025) and 13.07% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 11.10% |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 7.40% |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 8.07% |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 20.67% |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | -6.20% |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 18.25% |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 7.13% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 10.16% |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | - |
| 10 | Meridian Holdings | 152.03 Mn | 79.86 Mn | 26.85 Mn | 15.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.54% |
| Mar 31, 2026 | 10.29% |
| Dec 31, 2025 | 13.01% |
| Sep 30, 2025 | 13.07% |
| Jun 30, 2025 | -0.21% |
| Mar 31, 2025 | 15.52% |
| Dec 31, 2024 | 29.25% |
| Sep 30, 2024 | 5.63% |
| Jun 30, 2024 | -6.33% |
| Mar 31, 2024 | 14.19% |
| Dec 31, 2023 | 27.89% |
| Apr 30, 2023 | 3.15% |
| Jan 31, 2023 | 3.71% |
| Oct 31, 2022 | 1.15% |
| Jul 31, 2022 | 0.56% |
| Apr 30, 2022 | 9.01% |
| Jan 31, 2022 | 20.74% |
| Jul 31, 2021 | 35.66% |
| Apr 30, 2021 | 8.07% |
| Jan 31, 2021 | 4.05% |
API Access
Meridian Holdings FCF Margin 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=fcf-margin&ticker=MRDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();