Meridian Energy Limited (NZE:MEL)

Market Cap	15.32B
Revenue (ttm)	4.86B
Net Income (ttm)	429.00M
Shares Out	2.61B
EPS (ttm)	0.17
PE Ratio	35.47
Forward PE	36.22
Dividend	0.21 (3.57%)
Ex-Dividend Date	Sep 4, 2024

Volume	828,332
Average Volume	997,976
Open	5.90
Previous Close	5.89
Day's Range	5.88 - 6.07
52-Week Range	5.40 - 6.89
Beta	0.76
RSI	47.48
Earnings Date	Feb 26, 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%.