Meridian Energy Limited logo

Meridian Energy Limited

TickerMEL.NZVenueNZESectorUtilitiesPrimary listingBeta0.46
NZ$5.48-0.54%
FinScore55

Meridian Energy Limited is a New Zealand-based company in the Utilities sector with a market capitalisation of $8.2B. Its FinScore is 55/100; its highest-scoring layer is Momentum (68) and its lowest is Value (39). The shares trade at 114.3x trailing earnings and are down 2% year to date.

Market cap
$8.2B
P/E (TTM)
114.3x
ROE
1.4%

Share price performance

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About Meridian Energy Limited

www.meridianenergy.co.nz

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 Limited operates as a subsidiary of New Zealand.

Profile
Sector
Utilities
Industry
Renewable Utilities
HQ
New Zealand
Fiscal year-end
June
Trading currency
NZD
Reporting currency
NZD
Fundamentals updated
54 days ago
Market
Market cap
$8.2B
Shares outstanding
2.7B
P/E (TTM)
114.3x
Beta (issuer)
0.46
Revenue (latest FY)
NZ$3.9B

Revenue breakdown

Revenue split not available

FinScore

As of 2026-10-19
Overall55
Quality65
Growth43
Value39
Momentum68
Relative Strength71

Snapshot

Ownership

Free float
48.8%
Shares outstanding
2.7B

Holder data is not available for this company yet.

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