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Meridian Energy(ASX) MEZ

Market CapA$12.42BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2013)+941%
5 Year+16%
1 Year-6%
1 Month-1%
A$4.67
-0.43%
-0.02Today
Meridian Energy last closing stock price
MetricPriceDate
Last closeAUD 4.672026-08-07
Meridian Energy stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+1.74%AUD 4.592026-07-31
1 month-0.64%AUD 4.702026-07-08
3 month-3.51%AUD 4.842026-05-08
Year to date-3.3%AUD 4.832025-12-31
1 year-6.27%AUD 4.982025-08-07
3 year+3.03%AUD 4.532023-08-08
5 year+16.11%AUD 4.022021-08-06
Since inception+941.28%AUD 0.452013-10-29

Meridian Energy Financials at a Glance

Market Cap

A$12.42BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

NZ$9.57B

Net Income (TTM)

NZ$13.04M

EPS (TTM)

-A$0.04

P/E Ratio

-119.34

Dividend

A$0.21

Beta (Volatility)

0.08 (Low)

Price

A$4.67

Volume

8,597

Open

A$4.70

Previous Close

A$4.67

Daily Range

A$4.67 - A$4.70

52-Week Range

A$4.37 - A$5.30

Estimated Earnings Date

Aug 26, 2026

MEZ News

No articles available.

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About Meridian Energy

Meridian Energy Limited is a leading renewable energy company based in New Zealand, specializing in the generation and distribution of electricity from renewable resources. The company operates through various segments, including retail and wholesale electricity services in New Zealand and Australia, focusing on sustainable energy solutions.

Products and Services
  • Electricity generation from wind and hydro power
  • Retail electricity services under the Meridian brand
  • Licensing of energy retailing platforms
Growth Outlook
  • Recent revenue growth of 1990 million NZD in Q2 2025
  • Strong operating income of 418 million NZD, indicating operational efficiency
  • Expansion plans in the Australian market to enhance market share
Financial Highlights
  • Trailing twelve months revenue of 8.5 billion NZD
  • Net income of 227 million NZD in the latest quarter
  • Dividend yield of 3.85%, reflecting shareholder returns
Meridian Energy Limited is positioned well within the renewable utilities sector, benefiting from the global shift towards sustainable energy. The company's focus on wind and hydroelectric power aligns with increasing demand for clean energy solutions. Recent financial performance indicates a robust revenue stream and operational efficiency, making it an attractive option for investors interested in the renewable energy market. The company's strategic expansion into Australia further enhances its growth potential, providing opportunities for increased market penetration and revenue generation. With a solid dividend yield, Meridian Energy Limited presents a compelling case for those looking to invest in sustainable energy initiatives.
AI Generated • Jul 23, 2026

Industry

Independent Power and Renewable Electricity Producers

Sector

Utilities

Employees

1,000

CEO

Neal Anthony Barclay

Website

www.meridianenergy.co.nz

Headquarters

Wellington, WGN 6011, NZ

MEZ Financials

Key Financial Metrics (TTM)

Gross Margin

25.12%

Operating Margin

18.38%

Net Income Margin

-2.28%

Return on Equity

-1.17%

Return on Capital

6.75%

Return on Assets

-0.69%

Earnings Yield

-0.84%

Dividend Yield

4.49%

Payout Ratio

-3.57%

Stock Overview

Market Cap

A$12.42BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

2.65B

Volume

8.60K

Avg. Volume

20.90K

Financials (TTM)

Gross Profit

NZ$2.05B

Operating Income

NZ$1.47B

EBITDA

NZ$1.15B

Operating Cash Flow

NZ$1.02B

Capital Expenditure

-NZ$352.01M

Free Cash Flow

NZ$666.04M

Cash & ST Invst.

NZ$183.03M

Total Debt

NZ$1.89B

Meridian Energy Performance Analysis

Meridian Energy annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-06-30NZD 3,523,311,430N/A
20232023-06-30NZD 2,930,681,999-16.8%
20242024-06-30NZD 4,468,765,56252.5%
20252025-06-30NZD 4,372,876,329-2.1%
Meridian Energy sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-06-3030.7%
Q22024-12-31-17.9%
Q42025-06-3014.4%
Q22025-12-31-22.9%
Meridian Energy annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-06-30NZD 0.16N/A
20232023-06-30NZD 0.03-79.5%
20242024-06-30NZD 0.15355.2%
20252025-06-30NZD -0.16N/A
Meridian Energy sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-06-3024.2%
Q22024-12-31-150.8%
Q42025-06-30-179.0%
Q22025-12-31166.4%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

NZ$1.99B

-5.2%

Gross Profit

NZ$504.08M

+63.7%

Gross Margin

25.33%

N/A

Market Cap

A$12.42BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

A$12.77M

N/A

Employees

973

N/A

Net Income

NZ$227.04M

+18.9%

EBITDA

NZ$679.11M

+48.3%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

NZ$183.03M

-17.2%

Total Debt

NZ$1.89B

+33.2%

Accounts Receivable

NZ$295.05M

-37.4%

Inventory

NZ$0.00

N/A

Long Term Debt

NZ$1.79B

+72.4%

Short Term Debt

NZ$107.02M

-72.2%

Return on Assets

-0.69%

N/A

Return on Invested Capital

5.80%

N/A

Free Cash Flow

NZ$265.04M

+79.1%

Operating Cash Flow

NZ$336.06M

+10.9%

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Questions About MEZ

What is the current price of Meridian Energy?

Meridian Energy is trading at A$4.67 per share.

What is the 52-week range for Meridian Energy?

Over the past 52 weeks, Meridian Energy has traded between A$4.37 and A$5.30.

How much debt does Meridian Energy have?

As of the most recent reporting period, Meridian Energy reported total debt of NZ$1.45B.

How much cash does Meridian Energy have on hand?

Meridian Energy reported NZ$113.93M in cash and cash equivalents in its most recent financial results.

What is Meridian Energy’s dividend yield?

Meridian Energy currently has a dividend yield of 4.49%.

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