Meridian Holdings (MRDN) Price to Sales (2024 - 2026)
Meridian Holdings' (MRDN) quarterly Price to Sales came in at 3.51 in Q2 2026, down 35.75% on a YoY basis from 5.47 in Q2 2025, and up 92.89% quarter-over-quarter from 1.82 in Q1 2026.
Analysis
Meridian Holdings (MRDN) Price to Sales (2024 - 2026) Analysis & Trends
Meridian Holdings (MRDN) has reported Price to Sales for 3 consecutive years, with 3.51 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Sales fell 35.75% year-over-year to 3.51; the trailing twelve-month figure through Jun 2026 stood at 0.89 (down 34.65% YoY), and the FY2025 full-year result was 0.66, down 60.77% from the prior year.
- Price to Sales rose to 3.51 in Q2 2026 per MRDN's latest filing, from 1.82 in the prior quarter.
- Across five years, Price to Sales topped out at 7.57 in Q2 2024 and bottomed at 1.82 in Q1 2026.
- Historically, Price to Sales has averaged 4.76 across 3 years, with a median of 5.47 in 2025.
- The sharpest annual moves came in 2025 and 2026: Price to Sales declined 27.76% in 2025, then tumbled 70.32% in 2026.
- Over 3 years, Price to Sales stood at 5.58 in 2024, then plunged by 56.09% to 2.45 in 2025, then soared by 43.4% to 3.51 in 2026.
- According to Business Quant data, Price to Sales over the past three periods registered 3.51, 1.82, and 2.45 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DraftKings | 21.34 Bn | 20.35 Bn | 551.45 Mn |
| 2 | Flutter Entertainment | 17.38 Bn | 16.20 Bn | 1.71 Bn |
| 3 | Super Group (SGHC) | 7.08 Bn | 6.53 Bn | - |
| 4 | Rush Street Interactive | 6.18 Bn | 6.00 Bn | 139.66 Mn |
| 5 | Codere Online Luxembourg | 412.23 Mn | 342.98 Mn | - |
| 6 | Meridian Holdings | 171.67 Mn | 155.85 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.51 |
| Mar 31, 2026 | 1.82 |
| Dec 31, 2025 | 2.45 |
| Sep 30, 2025 | 3.36 |
| Jun 30, 2025 | 5.47 |
| Mar 31, 2025 | 6.14 |
| Dec 31, 2024 | 5.58 |
| Sep 30, 2024 | 6.97 |
| Jun 30, 2024 | 7.57 |