1. New Zealand Stocks

  2. •

    Utilities

  3. •

    Independent Power Producers
Meridian Energy Limited

Meridian Energy Limited

MDDNF
Meridian Energy LimitedUS flagOther OTC
3.37
USD
- -
- -
8.90BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
1.68
0.97
1.13
0.92
0.9
1.07
1.36
1.32
1.67
1.43
1.24
1.87
1.84
Basic EPS, GAAP
0.18
0.09
0.1
0.07
0.08
0.08
0.13
0.07
0.17
0.18
0.04
0.17
-0.17
Free Cash Flow per Basic Share
0.09
0.05
0.11
0.15
0.16
-0.02
-0.03
-0.02
-0.04
-0.07
-0.13
-0.13
-0.07
Dividend per Share
0.06
0.1
0.15
0.2
0.19
0.19
0.2
0.21
0.17
0.14
0.16
0.17
0.15
Book Value per Share
1.01
0.62
0.56
0.44
0.34
0.23
0.17
0.02
0.02
0.17
0.04
0.04
-0.28
Tangible Book Value per Share
2.9
1.79
1.83
1.95
1.96
1.86
2.11
1.96
2.01
2.12
2.29
3.16
3.41
Basic Weighted Avg Shares
1,600
2,562
2,563
2,563
2,563
2,563
2,563
2,563
2,563
2,571
2,582
2,588
2,604
Sales/Revenue/Turnover
2,695
2,497
2,893
2,369
2,309
2,747
3,474
3,388
4,277
3,686
3,203
4,831
4,794
Operating Margin (%)
12.94
14.56
12.72
17.22
16.41
13.94
15.69
15.7
9.54
10.85
15.99
8.18
14.81
Depreciation Expense
220
220
239
236
264
268
276
305
302
292
294
334
446
Net Income, GAAP
295
230
247
185
197
201
339
176
428
451
95
429
-452
Effective Tax Rate (%)
30.94
27.37
0.8
27.73
28.88
32.09
28.18
26.36
28.07
27.84
24.6
27.78
- -
Profit Margin (%)
10.95
9.2
8.54
7.81
8.53
7.32
9.76
5.19
10.01
12.24
2.97
8.88
-9.43
Working Capital
246
57
-144
-107
-148
-394
-78
17
-193
351
27
47
-355
LT Debt
1,034
1,008
914
1,047
1,068
1,070
1,334
1,697
1,388
1,041
1,046
1,140
1,200
Total Equity
4,688
4,634
4,748
5,050
5,082
4,823
5,457
5,083
5,224
5,523
5,987
8,246
8,920
Return on Invested Capital (%)
3.83
4.49
6.22
4.82
4.25
4.08
5.83
5.6
4.2
4.19
5.49
3.36
- -
Return on Capital (%)
12.33
10.39
12.32
9.59
11.06
12.01
19.63
12.39
26.43
29.09
9.01
33.64
- -
Return on Common Equity (%)
19.24
14.36
16.31
14.32
19.71
27.76
66.73
72.58
823.08
189.5
35.92
433.33
- -

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.1%
12.56%
8.17%
Free Cash Flow
12.28%
35.97%
-45.07%
Net Income, GAAP
21.98%
43.17%
-205.36%
Sales/Revenue/Turnover
7.17%
9.88%
-0.77%
Total Cash Common Dividend
1.11%
-5.65%
-11.24%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
3,203
2024
- -
- -
- -
- -
4,831
2025
- -
- -
- -
- -
4,794

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.04
2024
- -
- -
- -
- -
0.17
2025
- -
- -
- -
- -
-0.17

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.16
2024
- -
- -
- -
- -
0.17
2025
- -
- -
- -
- -
0.15

Company Description

APIChatGPT
CEO
Michael John Roan
Full Time Employees
1,000
Sector
Utilities
Industry
Independent Power Producers
Address
98 Customhouse Quay Wellington BC New Zealand 6011
IPO Date
Aug 8, 2017
Website
meridianenergy.co.nz
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Business
Meridian Energy Limited is New Zealand's largest electricity generator and retailer, producing power from 100% renewable sources including seven hydroelectric power stations on the Waitaki River and at Manapouri, five wind farms across both islands, commercial solar arrays, and an expanding portfolio of battery storage and EV charging infrastructure; it retails electricity to over 270,000 residential, commercial, industrial, and farm customers through its Meridian and Powershop brands, alongside energy management software via Flux Federation, insurance services, and professional consultancy through subsidiaries like Dam Safety Intelligence Limited. Founded in 1999 as part of the Electricity Corporation of New Zealand breakup and headquartered in Wellington, the company operates primarily in New Zealand with historical wind and hydro assets in Australia, generating approximately 30% of the country's electricity and targeting decarbonization through initiatives like a nationwide EV charging network exceeding 200 points, solar buy-back plans, and community tree-planting offsets. Recent developments include the July 2025 High Court-approved acquisition of NZ Windfarms Limited for NZ$91 million to consolidate control over the Te Rere Hau wind farm repowering project increasing capacity to 170MW, the August 2025 finalization of a 50-50 joint venture with Nova Energy for the 400MW Te Rahui solar PV plant near Taupō supported by NZ$300 million financing and construction underway for first power in mid-2026, and a May 2025 agreement to acquire Z Energy's Flick retail electricity business for NZ$70 million expanding its customer base.

Company News

APIChatGPT

  • seekingalpha.com

    Meridian Energy Limited (MDDNF) Q2 2026 Earnings Call Transcript