Meridian Energy Limited

NZSE:MEL Stock Report

Market Cap: NZ$14.8b

Meridian Energy Past Earnings Performance

Past criteria checks 0/6

Meridian Energy's earnings have been declining at an average annual rate of -24.6%, while the Renewable Energy industry saw earnings growing at 11.1% annually. Revenues have been growing at an average rate of 7.2% per year.

Key information

-24.58%

Earnings growth rate

-24.67%

EPS growth rate

Renewable Energy Industry Growth12.65%
Revenue growth rate7.22%
Return on equity-5.07%
Net Margin-9.35%
Last Earnings Update30 Jun 2025

Recent past performance updates

Solid Earnings Reflect Meridian Energy's (NZSE:MEL) Strength As A Business

Mar 05
Solid Earnings Reflect Meridian Energy's (NZSE:MEL) Strength As A Business

Recent updates

Meridian Energy (NZSE:MEL) Is Making Moderate Use Of Debt

Nov 28
Meridian Energy (NZSE:MEL) Is Making Moderate Use Of Debt

Meridian Energy Limited's (NZSE:MEL) Share Price Could Signal Some Risk

Oct 16
Meridian Energy Limited's (NZSE:MEL) Share Price Could Signal Some Risk

Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 60% Above Its Share Price

Sep 24
Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 60% Above Its Share Price

Meridian Energy Limited's (NZSE:MEL) Business Is Yet to Catch Up With Its Share Price

Jun 18
Meridian Energy Limited's (NZSE:MEL) Business Is Yet to Catch Up With Its Share Price

Returns On Capital At Meridian Energy (NZSE:MEL) Paint A Concerning Picture

May 30
Returns On Capital At Meridian Energy (NZSE:MEL) Paint A Concerning Picture

Does Meridian Energy (NZSE:MEL) Have A Healthy Balance Sheet?

Mar 21
Does Meridian Energy (NZSE:MEL) Have A Healthy Balance Sheet?

Solid Earnings Reflect Meridian Energy's (NZSE:MEL) Strength As A Business

Mar 05
Solid Earnings Reflect Meridian Energy's (NZSE:MEL) Strength As A Business

Are Investors Undervaluing Meridian Energy Limited (NZSE:MEL) By 49%?

Feb 12
Are Investors Undervaluing Meridian Energy Limited (NZSE:MEL) By 49%?

There's Reason For Concern Over Meridian Energy Limited's (NZSE:MEL) Price

Jan 25
There's Reason For Concern Over Meridian Energy Limited's (NZSE:MEL) Price
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Sustainable Growth On The Horizon From Innovative Energy Solutions

Expansion in wind and solar energy capacity is set to boost revenue growth through increased electricity generation and enhanced portfolio.

Revenue & Expenses Breakdown

How Meridian Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NZSE:MEL Revenue, expenses and earnings (NZD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 254,835-45200
31 Mar 254,918-16700
31 Dec 245,00011700
30 Sep 244,92827300
30 Jun 244,85642900
31 Mar 244,36025700
31 Dec 233,8638500
30 Sep 233,5439000
30 Jun 233,2229500
31 Mar 233,39830100
31 Dec 223,57450700
30 Sep 223,67547900
30 Jun 223,77645100
31 Dec 213,94533300
30 Sep 213,95437400
30 Jun 213,96341500
31 Mar 213,71632000
31 Dec 203,31521100
30 Sep 203,36019300
30 Jun 203,40517500
31 Mar 203,49327700
31 Dec 193,58037800
30 Sep 193,53635900
30 Jun 193,49133900
31 Mar 193,25229230
31 Dec 183,01224460
30 Sep 182,88722360
30 Jun 182,76220160
31 Mar 182,69619330
31 Dec 172,63018400
30 Sep 172,47519200
30 Jun 172,32020000
31 Mar 172,30620300
31 Dec 162,29220600
30 Sep 162,33419600
30 Jun 162,37518500
31 Mar 162,33021000
31 Dec 152,28423400
30 Sep 152,34424100
30 Jun 152,40324700
31 Mar 152,574239-210
31 Dec 142,744230-420

Quality Earnings: MEL is currently unprofitable.

Growing Profit Margin: MEL is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MEL is unprofitable, and losses have increased over the past 5 years at a rate of 24.6% per year.

Accelerating Growth: Unable to compare MEL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MEL is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-2.8%).


Return on Equity

High ROE: MEL has a negative Return on Equity (-5.07%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/03 14:51
End of Day Share Price 2025/12/03 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Meridian Energy Limited is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Grant SwanepoelDeutsche Bank
Bruce McKayEdison Investment Research
Andrew Harvey-GreenForsyth Barr Group Ltd.