Meridian Energy Limited (NZE:MEL)

New Zealand flag New Zealand · Delayed Price · Currency is NZD
5.86
-0.14 (-2.33%)
Jul 9, 2025, 5:02 PM NZST
-9.98%
Market Cap 15.33B
Revenue (ttm) 5.00B
Net Income (ttm) 117.00M
Shares Out 2.62B
EPS (ttm) 0.05
PE Ratio 129.92
Forward PE 42.87
Dividend 0.21 (3.50%)
Ex-Dividend Date Mar 6, 2025
Volume 853,723
Average Volume 1,228,923
Open 5.97
Previous Close 6.00
Day's Range 5.86 - 5.98
52-Week Range 5.30 - 6.89
Beta 0.65
RSI 52.88
Earnings Date Aug 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... [Read more]

Sector Utilities
Founded 1998
Employees 936
Stock Exchange New Zealand Stock Exchange
Ticker Symbol MEL
Full Company Profile

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%.

Financial Statements

News

How solar and batteries fit with Meridian Energy, NZ’s biggest hydro generator

Meridian's Ruakākā Bess is NZ's first large-scale grid battery storage system.

6 weeks ago - NZ Herald

Meridian Energy Ltd (MDDNF) (Q4 2024) Earnings Call Transcript Highlights: Record Operating ...

Meridian Energy Ltd (MDDNF) (Q4 2024) Earnings Call Transcript Highlights: Record Operating Cash Flow and Dividend Increase

11 months ago - GuruFocus

Full Year 2024 Meridian Energy Ltd Earnings Call Transcript

Full Year 2024 Meridian Energy Ltd Earnings Call Transcript

11 months ago - GuruFocus