Meridian Holdings (MRDN) FCF Margin (2016 - 2026)
Meridian Holdings' (MRDN) quarterly FCF Margin came in at 13.47% in Q2 2026, up 1629.0% on a YoY basis from 0.78% in Q2 2025, and up 30.57% quarter-over-quarter from 10.32% in Q1 2026.
Analysis
Meridian Holdings (MRDN) FCF Margin (2016 - 2026) Analysis & Trends
Meridian Holdings (MRDN) has reported FCF Margin for 11 consecutive years, with 13.47% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 1629.0% year-over-year to 13.47%; the trailing twelve-month figure through Jun 2026 stood at 12.46% (down 43.0% YoY), and the FY2025 full-year result was 10.49%, down 60.0% from the prior year.
- FCF Margin rose to 13.47% in Q2 2026 per MRDN's latest filing, from 10.32% in the prior quarter.
- Across five years, FCF Margin topped out at 29.25% in Q4 2024 and bottomed at 6.33% in Q2 2024.
- Historically, FCF Margin has averaged 10.58% across 5 years, with a median of 11.66% in 2025.
- The sharpest annual moves came in 2022 and 2024: FCF Margin soared 1670 bps in 2022, then tumbled 2271 bps in 2024.
- Over 5 years, FCF Margin stood at 1.15% in 2022, then jumped by 2325 bps to 27.89% in 2023, then rose by 5 bps to 29.25% in 2024, then plunged by 56 bps to 13.01% in 2025, then climbed by 4 bps to 13.47% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 13.47%, 10.32%, and 13.01% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DraftKings | 21.34 Bn | 20.35 Bn | 551.45 Mn | 5.09% |
| 2 | Flutter Entertainment | 17.38 Bn | 16.20 Bn | 1.71 Bn | 5.27% |
| 3 | Super Group (SGHC) | 7.08 Bn | 6.53 Bn | - | - |
| 4 | Rush Street Interactive | 6.18 Bn | 6.00 Bn | 139.66 Mn | 11.25% |
| 5 | Codere Online Luxembourg | 412.23 Mn | 342.98 Mn | - | - |
| 6 | Meridian Holdings | 171.67 Mn | 155.85 Mn | 26.85 Mn | 13.47% |
| 7 | High Roller Technologies | 54.90 Mn | 52.24 Mn | - | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 | -2,284.31% |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.47% |
| Mar 31, 2026 | 10.32% |
| Dec 31, 2025 | 13.01% |
| Sep 30, 2025 | 13.07% |
| Jun 30, 2025 | -2.82% |
| Mar 31, 2025 | 18.17% |
| 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% |
| Jun 30, 2023 | 16.38% |
| Apr 30, 2023 | 2.90% |
| Jan 31, 2023 | 3.95% |
| Oct 31, 2022 | 1.15% |
| Jul 31, 2022 | 0.56% |
| Apr 30, 2022 | 9.01% |
| Jan 31, 2022 | 20.74% |
| Oct 31, 2021 | 13.62% |
| Jul 31, 2021 | 12.89% |