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MERIDIAN ENERGY LIMITED

Australia, Victoria, Melbourne
Description
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. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.
Address:

L15 357 COLLINS ST Melbourne

VICTORIA

3000 Australia

Revenue
Recent news:

While individual investors own 37% of Meridian Energy Limited (NZSE:MEL), state or government are its largest shareholders with 51% ownership

Key Insights Meridian Energy's significant state or government ownership suggests that the key decisions are influenced...

Source: Simply Wall St. Jan 17, 2026

Meridian Energy (NZSE:MEL) shareholders have endured a 6.4% loss from investing in the stock five years ago

For many, the main point of investing is to generate higher returns than the overall market. But every investor is...

Source: Simply Wall St. Dec 20, 2025

Is Meridian Energy Limited (NZSE:MEL) Trading At A 39% Discount?

Key Insights The projected fair value for Meridian Energy is NZ$9.20 based on 2 Stage Free Cash Flow to Equity Current...

Source: Simply Wall St. Sep 29, 2025

Meridian and Nova to form JV for 400MW New Zealand solar project

The JV has received NZ$300m in financing for the 200MW first phase of the project.

Source: Power Technology Sep 1, 2025

Meridian Energy Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Meridian Energy Limited ( NZSE:MEL ) last week reported its latest annual results, which makes it a good time for...

Source: Simply Wall St. Aug 30, 2025

Meridian and Nova finalise solar JV and financing

Meridian Energy Ltd and Nova Energy Ltd have completed agreements to establish a 50-50 joint venture to build and operate the 400 MW Te Rahui solar farm at Rangitaiki near Taupo.

Source: Energy Global Aug 29, 2025

NZX - Delayed Quote - NZD
MEL.NZ
5.44 -0.05 (-0.91%)
At close March 23 03:45 UTC
Candle
Line
1M
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Financial Statistics
Valuation Measures
Current
Quarterly
As of 03/21/2026
Market Cap: 14.49 B
Enterprise Value: 16.17 B
Trailing P/E: 120.44
Forward P/E: 35.21
PEG Ratio (5yr expected): 0.67
Price/Sales (ttm): 3.16
Price/Book (mrq): 1.63
Enterprise Value/Revenue: 3.55
Enterprise Value/EBITDA: 37.34
Financial Highlights
Profitability and Income Statement
Profit Margin: -2.27%
Return on Assets (ttm): -0.08%
Return on Equity (ttm): -1.24%
Revenue (ttm): 4.59 B
Net Income Avi to Common (ttm): -104.00 M
Diluted EPS (ttm): -0.04
Balance Sheet and Cash Flow
Total Cash (mrq): 183.00 M
Total Debt/Equity (mrq): 20.99%
Levered Free Cash Flow (ttm): 426.00 M
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