Meridian Holdings (MRDN) Operating Margin (2016 - 2026)
Meridian Holdings (MRDN) reported Operating Margin of 4.86% for Q2 2026, up 10.19 percentage points from -5.33% a year earlier but down 1.44 percentage points from the prior quarter.
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Analysis
Meridian Holdings (MRDN) Operating Margin (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Meridian Holdings' Operating Margin came in at -44.71%, down 42.69 percentage points year-over-year; for FY2025, it was -52.59%, down 54.41 percentage points from FY2024.
- Operating Margin has a five-year change of -98.31 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 1.82% in FY2024 (-12.98 pp), 14.80% in FY2023, 0.53% in FY2022 (-6.12 pp) and 6.65% in FY2021.
- Five-year quarterly Operating Margin spans a low of -188.33% in Q4 2025 and a high of 25.53% in Q4 2023.
- Year over year, Operating Margin gained in three of the last seven quarters, with an average year-over-year change of -30.90 percentage points.
- The high point for year-over-year Operating Margin in five years was Q2 2026 (a gain of 10.19 percentage points); the low point was Q4 2025 (a drop of 188.11 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.30% (Q1 2026), -188.33% (Q4 2025) and -0.82% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 19.59% |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | -4.72% |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | -3.33% |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 11.53% |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 17.29% |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 16.03% |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 11.32% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 17.14% |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | - |
| 10 | Meridian Holdings | 152.03 Mn | 79.86 Mn | 26.85 Mn | 4.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.86% |
| Mar 31, 2026 | 6.30% |
| Dec 31, 2025 | -188.33% |
| Sep 30, 2025 | -0.82% |
| Jun 30, 2025 | -5.33% |
| Mar 31, 2025 | -0.25% |
| Dec 31, 2024 | -0.22% |
| Sep 30, 2024 | -2.38% |
| Jun 30, 2024 | 0.32% |
| Mar 31, 2024 | 14.87% |
| Dec 31, 2023 | 25.53% |
| Jun 30, 2023 | 17.40% |
| Apr 30, 2023 | -4.76% |
| Jan 31, 2023 | -3.05% |
| Oct 31, 2022 | -17.75% |
| Jul 31, 2022 | 8.01% |
| Apr 30, 2022 | 8.94% |
| Jan 31, 2022 | 4.55% |
| Jul 31, 2021 | 15.71% |
| Apr 30, 2021 | 5.36% |
API Access
Meridian Holdings Operating 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=operating-margin&ticker=MRDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();