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Meridian HoldingsMRDN +1.49%74 Gross Margin % is 53.50% as of Jun. 2026, which is 9% below its 10-year median of 58.47. GuruFocus rates MRDN with a GF Score™ of 74/100 and a GF Value™ of $25.12 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 793 Travel & Leisure companies, Meridian Holdings ranks better than 66.96% on this metric.
Meridian Holdings (NAS:MRDN) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Meridian Holdings had a gross margin of 53.50% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Meridian Holdings Gross Margin % Related Terms
Meridian Holdings Gross Margin % Historical Data
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The historical data trend for Meridian Holdings's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MRDN vs INSE, ROLR, GRSD: Gross Margin % Comparison
For the Gambling subindustry, Meridian Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Meridian Holdings Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Meridian Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Meridian Holdings's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Meridian Holdings (MRDN) has a Gross Margin % of 53.50% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Meridian Holdings and its competitors. This is near median its historical median of 58.47. Over the past decade, Meridian Holdings' Gross Margin % has ranged from 22.34 to 99.24. According to the industry distribution chart, Meridian Holdings ranks #262 out of 793 companies in the Travel & Leisure industry, placing it in the top 33%.
Is Meridian Holdings' Gross Margin % too high?
Meridian Holdings' current Gross Margin % of 53.50% is near median its 10-year median of 58.47. Over the past 10 years, this metric has ranged from a low of 22.34 to a high of 99.24. The Travel & Leisure industry median Gross Margin % is 43.65. Meridian Holdings' value of 53.50% is 22.6% above this industry median. Based on the distribution chart, Meridian Holdings ranks #262 out of 793 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Meridian Holdings has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meridian Holdings' Gross Margin % compare to INSE and ROLR?
According to the Travel & Leisure industry distribution chart, Meridian Holdings ranks #262 out of 793 companies for Gross Margin %. This puts Meridian Holdings in the upper half of its industry. The industry median Gross Margin % is 43.65. Meridian Holdings' value of 53.50% is 22.6% above this benchmark. Historically, Meridian Holdings' own Gross Margin % has ranged from 22.34 to 99.24 over the past decade. While the company's 10-year median is 58.47 vs. the industry median of 43.65, Meridian Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.65, based on 793 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meridian Holdings's current Gross Margin % of 53.50% is 22.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Meridian Holdings and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Holdings's current Gross Margin % is 53.50%, which is near median its own 10-year median of 58.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Meridian Holdings (MRDN) is currently considered Possible Value Trap. The stock's GF Value™ is $25.12, compared to a current price of $14.30 — trading 43.1% below its estimated fair value. The current Gross Margin % is 53.50%, which is near median its 10-year median of 58.47 and 22.6% above the Travel & Leisure industry median of 43.65. Meridian Holdings' overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Meridian Holdings (MRDN), the current Gross Margin % is 53.50% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Meridian Holdings (MRDN) Overvalued in 2026?
Based on GuruFocus' analysis, Meridian Holdings stock appears to be undervalued.
The current stock price of $14.30 is trading 43.1% below its estimated GF Value™ of $25.12.
GuruFocus considers Meridian Holdings to be Possible Value Trap.
Key valuation signals for MRDN:
Gross Margin %: 53.50% (near median its 10-year median of 58.47)
GF Value™: $25.12 vs. price of $14.30 (43.1% below fair value)
Industry Position: 22.6% above the Travel & Leisure median (#262 of 793)
No single metric tells the full story. See the MRDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.
74GF Score
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