Meridian Holdings (MRDN) Tax Rate (2022 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();