AccessibilityHelpAbout Us
Meridian Energy logo

Meridian Energy(ASX) MEZ

Market CapA$11.15BMarket 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)+868%
5 Year+12%
1 Year-9%
1 Month-3%
A$4.33
+2.85%
+0.12Today
Meridian Energy last closing stock price
MetricPriceDate
Last closeAUD 4.332026-09-16
Meridian Energy stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+0.93%AUD 4.292026-09-09
1 month-2.66%AUD 4.452026-08-17
3 month-0.07%AUD 4.332026-06-18
Year to date-6.68%AUD 4.642025-12-31
1 year-8.73%AUD 4.742025-09-16
3 year+4%AUD 4.162023-09-15
5 year+11.61%AUD 3.882021-09-17
Since inception+867.89%AUD 0.432013-10-29

Meridian Energy Financials at a Glance

Market Cap

A$11.15BMarket 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$8.69B

Net Income (TTM)

-NZ$321.89M

EPS (TTM)

A$0.05

P/E Ratio

91.13

Dividend

A$0.22

Beta (Volatility)

-0.08 (Low)

Price

A$4.33

Volume

14,751

Open

A$4.23

Previous Close

A$4.33

Daily Range

A$4.23 - A$4.33

52-Week Range

A$4.20 - A$5.27

Estimated Earnings Date

Mar 2, 2027

MEZ News

No articles available.

Motley Fool Moneyball Superscore

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

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, and is committed to 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 quarterly revenue reached NZD 1.99 billion, indicating strong demand
  • Expansion in Australia with two wind farms and three hydro power stations
  • Focus on sustainable energy aligns with global trends towards renewables
Financial Highlights
  • Trailing twelve months revenue of NZD 8.5 billion, showcasing robust performance
  • Net income of NZD 227 million in the latest quarter, reflecting profitability
  • Dividend yield of approximately 3.97%, appealing for income-focused investors
Meridian Energy Limited is positioned well within the renewable utilities sector, benefiting from a growing global emphasis on sustainable energy. The company's diverse operations in both New Zealand and Australia provide a solid foundation for future growth. Recent financial performance highlights a strong revenue stream and profitability, making it an attractive option for potential investors interested in the renewable energy market. The commitment to sustainability and expansion into new markets further enhances its growth potential, aligning with global energy trends.
AI Generated • Aug 22, 2026

Industry

Independent Power and Renewable Electricity Producers

Sector

Utilities

Employees

1,000

CEO

Michael John Roan

Website

www.meridianenergy.co.nz

Headquarters

Wellington, WGN 6011, NZ

MEZ Financials

Key Financial Metrics (TTM)

Gross Margin

25.34%

Operating Margin

20.90%

Net Income Margin

3.37%

Return on Equity

1.38%

Return on Capital

6.71%

Return on Assets

0.76%

Earnings Yield

1.10%

Dividend Yield

5.12%

Payout Ratio

2.89%

Stock Overview

Market Cap

A$11.15BMarket 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

14.75K

Avg. Volume

21.16K

Financials (TTM)

Gross Profit

NZ$2.17B

Operating Income

NZ$1.51B

EBITDA

NZ$1.27B

Operating Cash Flow

NZ$1.13B

Capital Expenditure

-NZ$388.88M

Free Cash Flow

NZ$738.81M

Cash & ST Invst.

NZ$511.60M

Total Debt

NZ$2.03B

Meridian Energy Performance Analysis

Meridian Energy annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
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%
20262026-06-30NZD 3,325,774,182-23.9%
Meridian Energy sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-12-31-17.9%
Q42025-06-3014.4%
Q22025-12-31-22.9%
Q42026-06-30-6.5%
Meridian Energy annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-06-30NZD 0.03-79.5%
20242024-06-30NZD 0.15355.2%
20252025-06-30NZD -0.16N/A
20262026-06-30NZD 0.04N/A
Meridian Energy sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22024-12-31-150.8%
Q42025-06-30-179.0%
Q22025-12-31166.4%
Q42026-06-30-142.3%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2026YOY CHG

Revenue

NZ$1.86B

-32.2%

Gross Profit

NZ$471.63M

+37.1%

Gross Margin

25.35%

N/A

Market Cap

A$11.15BMarket 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$11.46M

N/A

Employees

973

N/A

Net Income

-NZ$96.92M

-140.7%

EBITDA

NZ$660.48M

+23.2%

Quarterly Fundamentals

Name
Q4 2026YOY CHG

Total Cash

NZ$511.60M

+131.5%

Total Debt

NZ$2.03B

+47.7%

Accounts Receivable

NZ$351.72M

-35.8%

Inventory

NZ$0.00

N/A

Long Term Debt

NZ$1.86B

+62.9%

Short Term Debt

NZ$176.86M

-25.4%

Return on Assets

0.76%

N/A

Return on Invested Capital

4.97%

N/A

Free Cash Flow

NZ$298.77M

+32.2%

Operating Cash Flow

NZ$473.63M

+30.1%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
IFT.AXInfratil Limited
A$11.32+3.57%
APA.AXAPA Group
A$10.76-0.46%
MCY.AXMercury NZ Limited
A$5.41+3.05%
CEN.AXContact Energy Limited
A$6.98+1.75%

Trending Stocks

Symbol / CompanyPricePrice Chg
MEDSDataMEDS Ai
$6.68+312.35%
RETOReTo Eco-Solutions
$9.82+250.71%
AALAmerican Airlines Group
$12.78+0.04%
NOKNokia
$10.12+2.85%

Questions About MEZ

What is the current price of Meridian Energy?

Meridian Energy is trading at A$4.33 per share.

What is the 52-week range for Meridian Energy?

Over the past 52 weeks, Meridian Energy has traded between A$4.20 and A$5.27.

How much debt does Meridian Energy have?

As of the most recent reporting period, Meridian Energy reported total debt of NZ$1.67B.

How much cash does Meridian Energy have on hand?

Meridian Energy reported NZ$420.40M 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 5.12%.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services