Meridian Energy Limited (NZE:MEL)

Market Cap	15.17B
Revenue (ttm)	5.00B
Net Income (ttm)	117.00M
Shares Out	2.62B
EPS (ttm)	0.05
PE Ratio	128.59
Forward PE	37.83
Dividend	0.21 (3.68%)
Ex-Dividend Date	Mar 6, 2025

Volume	1,095,483
Average Volume	1,210,857
Open	5.74
Previous Close	5.71
Day's Range	5.74 - 5.97
52-Week Range	5.30 - 6.89
Beta	0.65
RSI	51.54
Earnings Date	May 27, 2025

About Meridian Energy

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. The company generates electricity through 7 hydro stations that has a capacity of 2,365 MW; 6 wind farms that has a capacity of 571 MW; and a grid-scale solar array, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. It also offers software development, professional, and insurance services. Th...

• Industry: Utilities - Renewable
• Sector: Utilities
• Founded: 1998
• Employees: 936
• Stock Exchange: New Zealand Stock Exchange
• Ticker Symbol: MEL

Financial Performance

In 2024, Meridian Energy's revenue was 4.86 billion, an increase of 50.71% compared to the previous year's 3.22 billion. Earnings were 429.00 million, an increase of 351.58%.