Meridian Holdings MRDN
NASDAQ MRDN
$12.18 +0.18 (+1.50%)
At close: Sep 30, 2026 · 4:00 PM EDT

Meridian Holdings (MRDN) Tax Rate (2022 - 2026)

Updated

Meridian Holdings' Tax Rate came in at 24.11% for Q2 2026, up 39.23 percentage points from -15.13% a year earlier but down 0.20 percentage points from the prior quarter.

Analysis

Meridian Holdings (MRDN) Tax Rate (2022 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Meridian Holdings reported Tax Rate of 4.60%, up 31.17 percentage points year-over-year; for FY2025, it was 5.36%, down 211.30 percentage points from FY2024.

  • Tax Rate carries a three-year change of -85.14 percentage points (FY2022 to FY2025).
  • Going back by year, Tax Rate was 216.66% in FY2024 (+206.50 pp), 10.16% in FY2023 and 90.49% in FY2022.
  • The five-year range for quarterly Tax Rate is -130.22% (Q3 2024) to 97.11% (Q2 2024).
  • Year-over-year, Tax Rate increased in four of the last seven quarters, with an average year-over-year change of +15.28 percentage points.
  • The fastest year-over-year change in Tax Rate over five years came in Q3 2025 (a gain of 162.98 percentage points), and the weakest in Q2 2025 (a drop of 112.24 percentage points).
  • Business Quant data shows MRDN's Tax Rate at 24.30% (Q1 2026), 5.92% (Q4 2025) and 32.76% (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Las Vegas Sands 24.82 Bn 11.24 Bn 1.48 Bn 19.09%
2 DraftKings 17.42 Bn 13.08 Bn 551.45 Mn -
3 Flutter Entertainment 12.92 Bn 6.67 Bn 1.71 Bn -
4 Madison Square Garden Sports 9.97 Bn 9.56 Bn 119.21 Mn 15.96%
5 Life Time Group Holdings 8.95 Bn 8.18 Bn 412.26 Mn 24.66%
6 Wynn Resorts 8.09 Bn 1.64 Bn 758.95 Mn 8.15%
7 MGM Resorts International 7.93 Bn -255.39 Mn 1.98 Bn 21.94%
8 Caesars Entertainment 6.03 Bn 2.66 Bn 1.50 Bn -
9 Super Group (SGHC) 5.86 Bn 3.85 Bn - -
10 Meridian Holdings 152.03 Mn 79.86 Mn 26.85 Mn 24.11%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 24.11%
Mar 31, 2026 24.30%
Sep 30, 2025 32.76%
Jun 30, 2024 97.11%
Mar 31, 2024 6.66%
Dec 31, 2023 6.62%
Jun 30, 2023 10.12%
Jul 31, 2022 10.41%
Apr 30, 2022 19.67%
Jan 31, 2022 15.42%
API Access

Meridian Holdings Tax Rate 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=tax-rate&ticker=MRDN&period=max&api_key=YOUR_API_KEY