Meridian Energy Past Earnings Performance
Past criteria checks 1/6
Meridian Energy's earnings have been declining at an average annual rate of -4%, while the Renewable Energy industry saw earnings growing at 35.4% annually. Revenues have been growing at an average rate of 1.8% per year. Meridian Energy's return on equity is 1.4%, and it has net margins of 2.2%.
Key information
-4.0%
Earnings growth rate
-4.1%
EPS growth rate
| Renewable Energy Industry Growth | 12.6% |
| Revenue growth rate | 1.8% |
| Return on equity | 1.4% |
| Net Margin | 2.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 63% Above Its Share Price
Apr 02
We Think Meridian Energy (NZSE:MEL) Is Taking Some Risk With Its Debt
Feb 29Meridian Energy Limited's (NZSE:MEL) Business Is Yet to Catch Up With Its Share Price
Jan 26Returns On Capital Signal Difficult Times Ahead For Meridian Energy (NZSE:MEL)
Jan 08Is Meridian Energy Limited (NZSE:MEL) Trading At A 37% Discount?
Dec 21Is Meridian Energy (NZSE:MEL) Using Too Much Debt?
Nov 04Here's Why Shareholders May Want To Be Cautious With Increasing Meridian Energy Limited's (NZSE:MEL) CEO Pay Packet
Oct 05Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 38% Above Its Share Price
Sep 16With EPS Growth And More, Meridian Energy (NZSE:MEL) Makes An Interesting Case
Aug 18Investors Will Want Meridian Energy's (NZSE:MEL) Growth In ROCE To Persist
Jul 30Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 39% Above Its Share Price
Jun 15Here's Why We Think Meridian Energy (NZSE:MEL) Is Well Worth Watching
May 19There's Been No Shortage Of Growth Recently For Meridian Energy's (NZSE:MEL) Returns On Capital
Apr 19Is Meridian Energy (NZSE:MEL) Using Too Much Debt?
Mar 09An Intrinsic Calculation For Meridian Energy Limited (NZSE:MEL) Suggests It's 29% Undervalued
Feb 24Should You Be Adding Meridian Energy (NZSE:MEL) To Your Watchlist Today?
Jan 11Meridian Energy (NZSE:MEL) Is Looking To Continue Growing Its Returns On Capital
Dec 28Is There An Opportunity With Meridian Energy Limited's (NZSE:MEL) 44% Undervaluation?
Nov 21Does Meridian Energy (NZSE:MEL) Have A Healthy Balance Sheet?
Nov 09Shareholders May Be More Conservative With Meridian Energy Limited's (NZSE:MEL) CEO Compensation For Now
Oct 11Meridian Energy (NZSE:MEL) Is Looking To Continue Growing Its Returns On Capital
Sep 19Does Meridian Energy (NZSE:MEL) Deserve A Spot On Your Watchlist?
Aug 16Meridian Energy (NZSE:MEL) Has Some Way To Go To Become A Multi-Bagger
Jun 06Here's Why I Think Meridian Energy (NZSE:MEL) Might Deserve Your Attention Today
May 10Are Investors Undervaluing Meridian Energy Limited (NZSE:MEL) By 50%?
Apr 08These 4 Measures Indicate That Meridian Energy (NZSE:MEL) Is Using Debt Reasonably Well
Mar 26Meridian Energy (NZSE:MEL) Has Some Way To Go To Become A Multi-Bagger
Mar 02I Ran A Stock Scan For Earnings Growth And Meridian Energy (NZSE:MEL) Passed With Ease
Jan 15Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 97% Above Its Share Price
Dec 31Does Meridian Energy (NZSE:MEL) Have A Healthy Balance Sheet?
Dec 18Meridian Energy (NZSE:MEL) Is Doing The Right Things To Multiply Its Share Price
Nov 19Meridian Energy (NZSE:MEL) Could Easily Take On More Debt
Sep 10With EPS Growth And More, Meridian Energy (NZSE:MEL) Is Interesting
Aug 29Meridian Energy's (NZSE:MEL) Returns Have Hit A Wall
Aug 16Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 49% Above Its Share Price
May 30The Returns At Meridian Energy (NZSE:MEL) Aren't Growing
May 16Meridian Energy (NZSE:MEL) Takes On Some Risk With Its Use Of Debt
Apr 06Have Insiders Sold Meridian Energy Limited (NZSE:MEL) Shares Recently?
Mar 11Earnings Update: Meridian Energy Limited (NZSE:MEL) Just Reported Its Interim Results And Analysts Are Updating Their Forecasts
Feb 26Shareholders Of Meridian Energy (NZSE:MEL) Must Be Happy With Their 263% Total Return
Feb 10
A Quick Analysis On Meridian Energy's (NZSE:MEL) CEO Salary
Jan 26Should You Use Meridian Energy's (NZSE:MEL) Statutory Earnings To Analyse It?
Jan 08Our Take On The Returns On Capital At Meridian Energy (NZSE:MEL)
Dec 21How Many Meridian Energy Limited (NZSE:MEL) Shares Do Institutions Own?
Dec 06Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Meridian Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 3,863 | 85 | 0 | 0 |
| 30 Sep 23 | 3,543 | 90 | 0 | 0 |
| 30 Jun 23 | 3,222 | 95 | 0 | 0 |
| 31 Mar 23 | 3,369 | 301 | 0 | 0 |
| 31 Dec 22 | 3,574 | 507 | 0 | 0 |
| 30 Sep 22 | 3,675 | 479 | 0 | 0 |
| 30 Jun 22 | 3,776 | 451 | 0 | 0 |
| 31 Dec 21 | 3,945 | 333 | 0 | 0 |
| 30 Sep 21 | 3,954 | 374 | 0 | 0 |
| 30 Jun 21 | 3,963 | 415 | 0 | 0 |
| 31 Mar 21 | 3,716 | 320 | 0 | 0 |
| 31 Dec 20 | 3,315 | 211 | 0 | 0 |
| 30 Sep 20 | 3,360 | 193 | 0 | 0 |
| 30 Jun 20 | 3,405 | 175 | 0 | 0 |
| 31 Mar 20 | 3,493 | 277 | 0 | 0 |
| 31 Dec 19 | 3,580 | 378 | 0 | 0 |
| 30 Sep 19 | 3,536 | 359 | 0 | 0 |
| 30 Jun 19 | 3,491 | 339 | 0 | 0 |
| 31 Mar 19 | 3,252 | 292 | 3 | 0 |
| 31 Dec 18 | 3,012 | 244 | 6 | 0 |
| 30 Sep 18 | 2,887 | 223 | 6 | 0 |
| 30 Jun 18 | 2,762 | 201 | 6 | 0 |
| 31 Mar 18 | 2,696 | 193 | 3 | 0 |
| 31 Dec 17 | 2,630 | 184 | 0 | 0 |
| 30 Sep 17 | 2,475 | 192 | 0 | 0 |
| 30 Jun 17 | 2,320 | 200 | 0 | 0 |
| 31 Mar 17 | 2,306 | 203 | 0 | 0 |
| 31 Dec 16 | 2,292 | 206 | 0 | 0 |
| 30 Sep 16 | 2,334 | 196 | 0 | 0 |
| 30 Jun 16 | 2,375 | 185 | 0 | 0 |
| 31 Mar 16 | 2,330 | 210 | 0 | 0 |
| 31 Dec 15 | 2,284 | 234 | 0 | 0 |
| 30 Sep 15 | 2,344 | 241 | 0 | 0 |
| 30 Jun 15 | 2,403 | 247 | 0 | 0 |
| 31 Mar 15 | 2,574 | 239 | -21 | 0 |
| 31 Dec 14 | 2,744 | 230 | -42 | 0 |
| 30 Sep 14 | 2,627 | 230 | -18 | 0 |
| 30 Jun 14 | 2,509 | 230 | 5 | 0 |
| 31 Mar 14 | 2,562 | 234 | 50 | 0 |
| 31 Dec 13 | 2,616 | 239 | 95 | 0 |
| 30 Sep 13 | 2,663 | 267 | 94 | 0 |
| 30 Jun 13 | 2,711 | 295 | 94 | 0 |
Quality Earnings: MEL has high quality earnings.
Growing Profit Margin: MEL's current net profit margins (2.2%) are lower than last year (14.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MEL's earnings have declined by 4% per year over the past 5 years.
Accelerating Growth: MEL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MEL had negative earnings growth (-83.2%) over the past year, making it difficult to compare to the Renewable Energy industry average (9%).
Return on Equity
High ROE: MEL's Return on Equity (1.4%) is considered low.