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Meridian Energy Ltd

Utilities AU MEZ

4.92AUD
0.18(3.80%)

Last update at 2026-06-04T06:10:00Z

Day Range

4.784.92
LowHigh

52 Week Range

4.375.36
LowHigh

Fundamentals

  • Previous Close 4.74
  • Market Cap12810.19M
  • Volume29721
  • P/E Ratio-
  • Dividend Yield4.49%
  • EBITDA446.00M
  • Revenue TTM4588.00M
  • Revenue Per Share TTM1.75
  • Gross Profit TTM 1341.00M
  • Diluted EPS TTM-0.03

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Income before tax -619.00000M 594.00M 126.00M 625.00M 595.00M
Minority interest - - - - -
Net income -452.00000M 429.00M 95.00M 451.00M 428.00M
Selling general administrative 124.00M 134.00M 119.00M 100.00M 112.00M
Selling and marketing expenses - - - - -
Gross profit 4794.00M 754.00M 804.00M 498.00M 1006.00M
Reconciled depreciation 446.00M 334.00M 293.00M 292.00M 302.00M
Ebit -535.00000M 661.00M 189.00M 698.00M 668.00M
Ebitda -89.00000M 995.00M 482.00M 990.00M 970.00M
Depreciation and amortization 446.00M 334.00M 293.00M 292.00M 302.00M
Non operating income net other - - - - -
Operating income 710.00M 754.00M 154.00M 561.00M 578.00M
Other operating expenses 4084.00M 4102.00M 3076.00M 3217.00M 3385.00M
Interest expense 84.00M 67.00M 53.00M 71.00M 79.00M
Tax provision -167.00000M 165.00M 31.00M 174.00M 167.00M
Interest income 5.00M 12.00M 11.00M 3.00M 4.00M
Net interest income -79.00000M -57.00000M -44.00000M -73.00000M -84.00000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -167.00000M 165.00M 31.00M 174.00M 167.00M
Total revenue 4794.00M 4856.00M 3203.00M 3686.00M 4277.00M
Total operating expenses 4084.00M 4436.00M 2690.00M 3286.00M 3869.00M
Cost of revenue 3636.00M 4102.00M 2399.00M 3188.00M 3271.00M
Total other income expense net -1329.00000M -160.00000M -342.00000M 296.00M 272.00M
Discontinued operations - - - 213.00M 13.00M
Net income from continuing ops -452.00000M 429.00M 95.00M 451.00M 428.00M
Net income applicable to common shares - - 95.00M 664.00M 428.00M
Preferred stock and other adjustments - - - - -
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Total assets 14974.00M 13543.00M 10022.00M 9369.00M 9856.00M
Intangible assets 47.00M 62.00M 73.00M 85.00M 84.00M
Earning assets - - - - -
Other current assets 72.00M 61.00M 60.00M 66.00M 86.00M
Total liab 6054.00M 5297.00M 4035.00M 3846.00M 4632.00M
Total stockholder equity 8920.00M 8246.00M 5987.00M 5523.00M 5224.00M
Deferred long term liab - - - - -
Other current liab - 767.00M 503.00M 563.00M 725.00M
Common stock - 1729.00M 1700.00M 1671.00M 1595.00M
Capital stock 1884.00M 1729.00M 1700.00M 1671.00M 1595.00M
Retained earnings -2621.00000M -1631.00000M -1600.00000M -1242.00000M -1548.00000M
Other liab - - 2269.00M 2079.00M 2134.00M
Good will - - - - 5.00M
Other assets - - 213.00M 377.00M 257.00M
Cash 123.00M 221.00M 212.00M 363.00M 148.00M
Cash and equivalents - - - - -
Total current liabilities 1035.00M 1004.00M 720.00M 726.00M 1110.00M
Current deferred revenue - - - - -
Net debt 1446.00M 1156.00M 1051.00M 841.00M 1625.00M
Short term debt - 237.00M 217.00M 163.00M 385.00M
Short long term debt 369.00M 234.00M 214.00M 159.00M 378.00M
Short long term debt total - 1377.00M 1263.00M 1204.00M 1773.00M
Other stockholder equity - - 5887.00M 5094.00M 5177.00M
Property plant equipment - - 8989.00M 7830.00M 8598.00M
Total current assets 680.00M 1051.00M 747.00M 1077.00M 917.00M
Long term investments - - - - -
Net tangible assets - - 5914.00M 5438.00M 5140.00M
Short term investments - - - - -
Net receivables 359.00M 536.00M 334.00M 416.00M 491.00M
Long term debt 1200.00M 1113.00M 1022.00M 1004.00M 1298.00M
Inventory - 233.00M 141.00M 232.00M 192.00M
Accounts payable - - - - -
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - 8148.00M 5887.00M 5094.00M 5177.00M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 32.00M 238.00M -9062.00000M -7915.00000M 8.00M
Deferred long term asset charges - - - - -
Non current assets total 14294.00M 12492.00M 9275.00M 8292.00M 8939.00M
Capital lease obligations - 30.00M 27.00M 41.00M 97.00M
Long term debt total - - - - 1388.00M
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Investments -191.00000M -327.00000M -327.00000M 598.00M -114.00000M
Change to liabilities - - -93.00000M -124.00000M 214.00M
Total cashflows from investing activities -191.00000M -327.00000M -327.00000M 598.00M -114.00000M
Net borrowings 168.00M 110.00M 92.00M -482.00000M 91.00M
Total cash from financing activities -225.00000M -331.00000M -333.00000M -844.00000M -345.00000M
Change to operating activities - - -23.00000M -1.00000M -60.00000M
Net income -452.00000M 429.00M 95.00M 664.00M 428.00M
Change in cash -98.00000M 9.00M -151.00000M 215.00M -28.00000M
Begin period cash flow 221.00M 212.00M 363.00M 148.00M 176.00M
End period cash flow 123.00M 221.00M 212.00M 363.00M 148.00M
Total cash from operating activities 318.00M 667.00M 509.00M 461.00M 431.00M
Issuance of capital stock - - - - -
Depreciation - 334.00M 266.00M 278.00M 285.00M
Other cashflows from investing activities -48.00000M -54.00000M - - -
Dividends paid -387.00000M -436.00000M -423.00000M -360.00000M -433.00000M
Change to inventory - - - - -
Change to account receivables 130.00M -202.00000M 68.00M 84.00M -169.00000M
Sale purchase of stock -6.00000M -2.00000M -2.00000M -2.00000M -3.00000M
Other cashflows from financing activities - -3.00000M -5.00000M -9.00000M -10.00000M
Change to netincome - - 153.00M -457.00000M -243.00000M
Capital expenditures 184.00M 281.00M 329.00M 172.00M 114.00M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 218.00M 100.00M 68.00M 84.00M -169.00000M
Stock based compensation - 2.00M 1.00M 1.00M 2.00M
Other non cash items 100.00M -198.00000M 148.00M -481.00000M -282.00000M
Free cash flow 134.00M 386.00M 180.00M 289.00M 317.00M

Peer Comparison

Sector: Utilities Industry: Utilities - Renewable

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
MEZ
Meridian Energy Ltd
0.18 3.80% 4.92 - 36.76 2.79 1.72 3.79 39.78
MCY
Mercury NZ Ltd
-0.2 3.41% 5.66 112.20 26.39 2.33 2.01 3.55 20.91
CEN
Contact Energy Ltd
-0.03 0.38% 7.80 21.86 25.00 2.34 2.12 3.67 12.90
LGI
LGI Ltd
-0.13 3.94% 3.17 43.38 33.90 8.93 3.10 8.88 17.39
FHE
Frontier Energy Ltd
-0.035 13.46% 0.23 - - 223.37 1.84 366.73 94.01

Reports Covered

Stock Research & News

Profile

Meridian Energy Limited engages in the generation 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; 8 wind farms; and 100MW battery energy storage system, as well as grid-scale solar array. It sells electricity under the Meridian Energy and Powershop brands. It also offers solar installation, software development, professional, and insurance services. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.

Meridian Energy Ltd

98 Customhouse Quay, Wellington, New Zealand, 6011

Key Executives

Name Title Year Born
Mr. Neal Barclay BCA, CA (NZICA) Chief Exec. Officer NA
Mr. Mike Roan CFO and GM of Fin. & Strategy NA
Mr. Bharat Ratanpal Chief Information Officer NA
Owen Hackston Investor Relations Mang. NA
Mr. Jason Stein BCA, LLB Chief People Officer, CEO of Meridian Energy Australia Pty Limited & Powershop Australia Pty Limited NA
Mr. Jason Woolley Gen. Counsel & Company Sec. NA
Rheilli Uluilelata External Communications Mang. NA
Ms. Claire Shaw Gen. Mang. of Corp. Affairs & Sustainability NA
Ms. Lisa Hannifin Chief Customer Officer NA
Ms. Nic Kennedy Chief Exec. Officer of Flux Federation Limited NA

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