Meridian Energy
Meridian Energy is New Zealand's largest renewable energy generator and a major electricity retailer. The company generates around 30% of the country's electricity needs entirely from renewable sources, including hydro and wind power. Meridian sells electricity to both residential and commercial customers under the Meridian and Powershop brands, focusing on providing flexible energy solutions.
Short position
Meridian Energy (ASX:MEZ) has 0.12% of its shares on issue reported as short positions as of 5 Oct 2026, or about 1,563,541 shares. Over the past 30 days that figure has been broadly flat, and over 90 days it has been broadly flat. MEZ is classified in the Utilities industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.
Price & short interest
Toggle series, zoom, and compare · ASIC daily, T+4Meridian Energy (MEZ) financials
Results, ratios and statements
Latest result
Year to 30 Jun 2026 (FY26) vs FY25, figures in NZD, the reporting currency
- Revenue
- 3.85Bvs 4.79B (FY25)
- Yahoo Finance, as at 29 Sep 2026
- NPAT
- 130.0Mvs −452.0M (FY25)
- Yahoo Finance, as at 29 Sep 2026
- EPS (diluted)
- 0.049T (source: Derived: trailing 12 months at year end)vs −0.17 (FY25)
- Derived: trailing 12 months at year end, as at 29 Sep 2026
- Rev YoY
- −19.6%FY
- EPS YoY
- n/aTTM
EPS: prior loss, now profit (growth is not meaningful against a loss).
- Derived: trailing 12 months at year end
Key ratios
Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 9 Oct 2026
- Gross margin
- 100.0%
- Operating margin
- 20.9%
- Net margin
- 3.4%
- FCF margin
- 14.2%
- ROE
- 1.4%
- ROA
- 0.8%
- FCF conversion
- 4.20×
- Net debt (excl. leases)
- NZD 1.52B
- Net debt / EBITDA
- 1.9×
- Current ratio
- 1.1×
- Interest cover
- 8.5×
- Cash dividends paid / net profit
- 289.2%
- Market cap
- $11.49B
- P/E
- n/a (reports in NZD)
- P/B
- n/a (reports in NZD)
Ratios use the reporting currency (NZD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.
Financial statements
Figures in NZD, the reporting currency; Yahoo Finance unless marked
| Line item | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue | 3.85B | 4.79B | 4.83B | 3.20B |
| Gross profit | 3.85B | 4.79B | 4.83B | 3.20B |
| Operating income | 805.0M | 710.0M | 395.0M | 512.0M |
| EBITDA | 790.0M | −89.0M | 995.0M | 473.0M |
| EBIT | 255.0M | −535.0M | 661.0M | 179.0M |
| Interest expense | 95.0M | 84.0M | 67.0M | 53.0M |
| Pretax income | 160.0M | −619.0M | 594.0M | 126.0M |
| Tax | 30.0M | −167.0M | 165.0M | 31.0M |
| NPAT | 130.0M | −452.0M | 429.0M | 95.0M |
| Net interest income | −90.0M | −79.0M | −57.0M | −44.0M |
| EPS basic | 0.049T (source: Derived: trailing 12 months at year end) | −0.17 | n/a | 0.037 |
| EPS diluted | 0.049T (source: Derived: trailing 12 months at year end) | −0.17 | n/a | 0.037 |
| Shares | 2.65B | 2.62B | 2.59B | 2.58B |
- Derived: trailing 12 months at year end
Financial reports
The company's own filings, newest first
- Meridian Energy Limited 2026 Full Year Financial ResultsFull Year Results26 Aug 2026via asx_announcements
- Annual results webcast and conference call detailsFinancial Report5 Aug 2026via asx_announcements
- Meridian Annual Results Announcement DateFinancial Report17 Jun 2026via asx_announcements
- Meridian Energy Limited 2025 Full Year Financial ResultsFull Year Results27 Aug 2025via asx_announcements
- Annual results webcast and conference call detailsFinancial Report8 Aug 2025via asx_announcements
- Meridian Annual Results Announcement DateFinancial Report26 Jun 2025via asx_announcements
- Meridian Energy Limited 2024 Full Year Financial ResultsFull Year Results28 Aug 2024via asx_announcements
- Annual results webcast and conference call detailsFinancial Report7 Aug 2024via asx_announcements
- Meridian Annual Results Announcement DateFinancial Report27 Jun 2024via asx_announcements
- Meridian Energy Limited 2023 Full Year Financial ResultsFull Year Results29 Aug 2023via asx_announcements
Showing 10 of 50 reports