Meridian Holdings (MRDN) Net Margin (2016 - 2026)
Meridian Holdings (MRDN) posted Net Margin of 4.31% for Q2 2026, up 12.60 percentage points from -8.29% a year earlier but down 0.20 percentage points from the prior quarter.
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Analysis
Meridian Holdings (MRDN) Net Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Meridian Holdings was -41.24%, down 35.82 percentage points year-over-year; for FY2025, it was -49.16%, down 48.18 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -93.13 percentage points (FY2020 to FY2025).
- In prior years, Meridian Holdings' Net Margin was -0.98% in FY2024 (-15.92 pp), 14.94% in FY2023, -0.69% in FY2022 (-6.44 pp) and 5.74% in FY2021.
- Quarterly Net Margin has run from a low of -174.11% in Q4 2025 to a high of 26.13% in Q4 2023 over five years.
- On a year-over-year basis, Net Margin increased in three of the last seven quarters, with an average year-over-year change of -28.28 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2026, with a gain of 12.60 percentage points; the weakest was Q4 2025, with a drop of 169.42 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 4.51% (Q1 2026), -174.11% (Q4 2025) and 1.20% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 10.97% |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | -4.68% |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | -6.33% |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 10.15% |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 11.70% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 7.54% |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 6.57% |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | -2.07% |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 17.54% |
| 10 | Meridian Holdings | 154.31 Mn | 82.14 Mn | 26.85 Mn | 4.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.31% |
| Mar 31, 2026 | 4.51% |
| Dec 31, 2025 | -174.11% |
| Sep 30, 2025 | 1.20% |
| Jun 30, 2025 | -8.29% |
| Mar 31, 2025 | -0.54% |
| Dec 31, 2024 | -4.69% |
| Sep 30, 2024 | -8.31% |
| Jun 30, 2024 | 0.16% |
| Mar 31, 2024 | 15.89% |
| Dec 31, 2023 | 26.13% |
| Jun 30, 2023 | 16.06% |
| Apr 30, 2023 | -5.18% |
| Jan 31, 2023 | -4.12% |
| Oct 31, 2022 | -18.96% |
| Jul 31, 2022 | 6.90% |
| Apr 30, 2022 | 6.92% |
| Jan 31, 2022 | 3.94% |
| Jul 31, 2021 | 14.90% |
| Apr 30, 2021 | 4.85% |
API Access
Meridian Holdings Net 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=net-margin&ticker=MRDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();