Meridian Holdings (MRDN) Return on Invested Capital [ROIC] (2024 - 2026)
Meridian Holdings' Return on Invested Capital [ROIC] came in at -134.81% for Q2 2026, down 132.39 percentage points from -2.42% a year earlier but up 3.00 percentage points from the prior quarter.
Meridian Holdings (MRDN) Return on Invested Capital [ROIC] (2024 - 2026) Analysis & Trends
For FY2025, Meridian Holdings' Return on Invested Capital [ROIC] was -88.53%, down 88.53 percentage points from FY2024.
- Going back by year, Return on Invested Capital [ROIC] was 0.00% in FY2024.
- The five-year range for quarterly Return on Invested Capital [ROIC] is -137.81% (Q1 2026) to 12.04% (Q3 2024).
- Year-over-year, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of -92.31 percentage points over the last four quarters.
- Business Quant data shows MRDN's Return on Invested Capital [ROIC] at -137.81% (Q1 2026), -85.77% (Q4 2025) and -1.97% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn | 14.68% |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn | -15.70% |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn | -3.04% |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn | - |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn | 8.48% |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn | 10.11% |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn | 10.62% |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 9.49% |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 11.14% |
| 10 | Meridian Holdings | 151.40 Mn | 79.22 Mn | 26.85 Mn | -134.81% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -134.81% |
| Mar 31, 2026 | -137.81% |
| Dec 31, 2025 | -85.77% |
| Sep 30, 2025 | -1.97% |
| Jun 30, 2025 | -2.42% |
| Mar 31, 2025 | -0.75% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | 12.04% |
Meridian Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MRDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();