Meridian Energy Share Price and Company Fundamentals
Last traded: Today at 1:41 AM
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.
Key Metrics
PE ratio
-
PB ratio
1.65
Dividend yield
3.78%
Beta
0.48
Market cap
$12.87B
Enterprise value
$14.05B
Company profile
| Industry / Sector | Utilities - Renewable / Utilities |
|---|---|
| Website | https://www.meridianenergy.co.nz |
| Mailing address | 98 Customhouse Quay Level 2 Wellington 6011 New Zealand |
| Phone / Fax | 64 4 381 1200 / |
Dividends
More: Meridian Energy Dividend history, yield and payout ratio
Dividend yield
3.78%
Dividend amount
$0.18
Payout ratio
452.23%
5Y Avg. yield
-%
Meridian Energy paid $0.18 dividend and the ex-dividend date was 04 Sep 2025.The dividend payout ratio is 452.23%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MEZ dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
Company Executives
As of Feb 2026, following are the company executives and directors listed on Meridian Energy.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Mike Roan | Chief Executive Officer | ||
| Ms. Mandy Simpson | Chief Financial Officer | ||
| Mr. Bharat Ratanpal | Chief Information Officer | ||
| Mr. Owen Hackston | Investor Relations Manager | ||
| Mr. Jason Woolley | General Counsel & Company Secretary | ||
| Mr. Philip Clark | Head of Communications | ||
| Mr. Jason Stein BCA, LLB | Chief People Officer | ||
| Ms. Claire Shaw | General Manager of Corporate Affairs & Sustainability | ||
| Ms. Lisa Hannifin | Chief Customer Officer | ||
| Humphrey Tapper | Chief Legal Adviser, Environment & Property |
Profitability and management effectiveness
Profit margin
-9.35%
Operating margin
-14.96%
Return on assets
-2.18%
Return on equity
-5.27%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Meridian Energy is 12.87B and its enterprise value is 14.05B. The enterprise value to revenue ratio of MEZ is 2.91. The enterprise value to EBITDA ratio of MEZ is -200.75.
The MEZ's stocks Beta value is 0.48 making it 52% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Companies similar to Meridian Energy (MEZ)
Meridian Energy (ASX:MEZ) Frequently Asked Questions
1. What is Meridian Energy's Stock Symbol?
Meridian Energy trades on ASX under the ticker symbol "MEZ".
2. What is Meridian Energy's stock price today?
One share of MEZ stock can currently be purchased for approximately $4.87.
3. How can I contact Meridian Energy?
Meridian Energy's mailing address is 98 Customhouse Quay Level 2 Wellington 6011 New Zealand. The company can be reached via phone at 64 4 381 1200.
4. What is Meridian Energy's official website?
The official website of Meridian Energy is https://www.meridianenergy.co.nz.