Global /New Zealand /Utilities /Utilities - Renewable /MEL

Meridian Energy Ltd.

MEL

• NZE: MEL • Delayed

5.68NZD 2.3%

3.33 USD

As of 5 June 2026, Meridian Energy Ltd. has a market cap of $8.83B USD, ranking #2449 globally and #4 in New Zealand. It ranks #136 in the Utilities sector, and #14 in the Utilities - Renewable industry.

Global Rank

2449

Country Rank

Sector Rank

136

Industry Rank

Key Stats

Market Cap

$8.83BUSD

15.04B NZD

Enterprise Value

$9.82BUSD

16.73B NZD

Revenue (TTM)

$2.69BUSD

4.59B NZD

EBITDA (TTM)

$261.8MUSD

446.0M NZD

Net Income (TTM)

-$61.05MUSD

-104.0M NZD

EBITDA Margin

9.7%

Profit Margin

-2.3%

Forward PE

25.3

PS Ratio

3.3

PB Ratio

1.7

EV/EBITDA

37.3

Company Profile

Country (HQ)

New Zealand

Sector

Utilities

Industry

Utilities - Renewable

CEO

Mike Roan open_in_new

Employees

936

Founded

1998

Website

meridianenergy.co.nz open_in_new

warningChart data may be delayed

1d	1w	1m	3m	6m	YTD	1y	3y	5y
2.3%	-0.7%	2.2%	-1.9%	-5.3%	-0.4%	3.3%	2.2%	3.1%

News

Markets

Exchange	Ticker	Price	Quotes
New Zealand Stock Exchange (NZE / NZX) MIC: XNZE PRIMARY	MEL Meridian Energy Ltd ISIN: NZMELE0002S7 Shares Out.: Shares Outstanding: 2.649B¹ Shares Float: 1.311B² TV: TradingView: NZX: MEL SA: Stock Analysis: NZE: MEL YF: Yahoo Finance: MEL.NZ GF: Google Finance: NZE: MEL BA: Barron's: MEL MS: Morningstar: XNZE: MEL	5.68 NZD	TV: TradingView: NZX: MEL SA: Stock Analysis: NZE: MEL YF: Yahoo Finance: MEL.NZ GF: Google Finance: NZE: MEL BA: Barron's: MEL MS: Morningstar: XNZE: MEL
Frankfurt Stock Exchange (FRA) MIC: XFRA	15M1 Meridian Energy Ltd ISIN: NZMELE0002S7 Shares Out.: Shares Outstanding: 2.639B¹ Shares Float: 1.301B² TV: TradingView: FWB: 15M1 SA: Stock Analysis: FRA: 15M1 YF: Yahoo Finance: 15M1.F GF: Google Finance: FRA: 15M1 BA: Barron's: 15M1 MS: Morningstar: XFRA: 15M1	2.70 EUR	TV: TradingView: FWB: 15M1 SA: Stock Analysis: FRA: 15M1 YF: Yahoo Finance: 15M1.F GF: Google Finance: FRA: 15M1 BA: Barron's: 15M1 MS: Morningstar: XFRA: 15M1
OTC Markets (OTCMKTS / OTC) MIC: OTCM	MDDNF Meridian Energy Ltd ISIN: NZMELE0002S7 Shares Out.: Shares Outstanding: 2.615B¹ Shares Float: 1.288B² TV: TradingView: OTC: MDDNF SA: Stock Analysis: OTC: MDDNF YF: Yahoo Finance: MDDNF GF: Google Finance: OTCMKTS: MDDNF BA: Barron's: MDDNF MS: Morningstar: PINX: MDDNF	3.43 USD	TV: TradingView: OTC: MDDNF SA: Stock Analysis: OTC: MDDNF YF: Yahoo Finance: MDDNF GF: Google Finance: OTCMKTS: MDDNF BA: Barron's: MDDNF MS: Morningstar: PINX: MDDNF
Australian Securities Exchange (ASX) MIC: XASX	MEZ Meridian Energy Ltd ISIN: NZMELE0002S7 TV: TradingView: ASX: MEZ SA: Stock Analysis: ASX: MEZ YF: Yahoo Finance: MEZ.AX GF: Google Finance: ASX: MEZ BA: Barron's: MEZ MS: Morningstar: XASX: MEZ	4.58 AUD	TV: TradingView: ASX: MEZ SA: Stock Analysis: ASX: MEZ YF: Yahoo Finance: MEZ.AX GF: Google Finance: ASX: MEZ BA: Barron's: MEZ MS: Morningstar: XASX: MEZ

Show all 4 markets

¹Market cap is calculated using shares outstanding.

²Float shares are publicly tradable shares, excluding insider-held stock.

About Meridian Energy Ltd.

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.

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