Meridian Energy (ASX: MEZ) Share Price

MEZ

$4.78▼-0.21%

$12.61BRank #61 on ASXUtilitiesRenewable Utilities

Prices updated 13 June 2026, 9:40 am AEST · Data: Financial Modeling Prep

Market Cap

$12.61B

Volume

7.5K

P/E Ratio

16.22

EPS

$0.0863

Dividend Yield

1.77%

52-Week High

$5.55

52-Week Low

$4.37

Beta

0.461

Meridian Energy (ASX: MEZ) is an Australian-listed company in the Utilities sector with a market capitalisation of $12.61B and the 61st-largest security on the ASX by market capitalisation. The MEZ share price is $4.78, down 0.21% today and down 10.06% over the past 12 months. Shares have traded between $4.37 and $5.55 over the past 52 weeks. MEZ trades on a price-to-earnings ratio of 16.22, above the Utilities sector median of 11.06, and pays a trailing dividend yield of 1.77%. In its most recent reported period (ending 31 Dec 2025), Meridian Energy reported revenue of $1.99B and a net profit of $227.0M (11.4% margin).

Charts

$4.83

24H Range

$4.78

$4.94

52-Week Range

$4.37

$5.55

About Meridian Energy Limited

Meridian Energy Limited, established in 1998 and headquartered in Wellington, New Zealand, initially operated as Hydro Energy Limited before its renaming in March 1999. The company's core business involves the production, wholesale trading, and retail distribution of electricity. It caters to a diverse customer base, including residential consumers, commercial enterprises, and industrial clients across New Zealand, Australia, and the United Kingdom. As of June 30, 2022, Meridian Energy boasted a substantial renewable energy generation portfolio. This comprised seven hydroelectric facilities with a combined output capacity of 2,353 megawatts, five wind farms capable of generating 416 megawatts, and several solar power installations. Beyond its primary energy activities, the company offers a range of additional services, such as management, insurance, financial, professional, and trustee support, alongside software development. It also licenses its internally developed Flux platform for electricity and gas retail operations and provides solar panel installation services. Meridian Energy markets its electricity offerings under two distinct brand identities: Meridian Energy and Powershop.

IPO Date

28 Oct 2013

CEO

Mike Roan

Employees

936

Website

meridianenergy.co.nz

Key Financial Data

Revenue (Quarterly)	$1.99B
Net Income (Quarterly)	$227.0M
Total Assets	$15.14B
Total Debt	$1.89B
Free Cash Flow	$265.0M
Return on Equity	2.55%
Profit Margin	11.41%
Operating Margin	21.01%

MEZ Frequently Asked Questions

What is the Meridian Energy (ASX: MEZ) share price?

The MEZ share price is $4.78, down 0.21% for the day, based on the latest available ASX market data.

What is Meridian Energy's market capitalisation?

Meridian Energy has a market capitalisation of $12.61B, making it the 61st-largest security listed on the ASX.

Does Meridian Energy pay a dividend?

Yes. MEZ has a trailing dividend yield of 1.77%.

What is MEZ's P/E ratio?

Meridian Energy trades on a trailing price-to-earnings (P/E) ratio of 16.22, based on its current share price and most recent reported earnings.

Is Meridian Energy profitable?

Yes. In its most recent reported period (ending 31 Dec 2025), MEZ reported revenue of $1.99B and a net profit of $227.0M.

How many MEZ shares are on issue?

Meridian Energy has approximately 2,638,773,336 shares on issue, based on its market capitalisation of $12.61B and current share price.

What sector is Meridian Energy in?

Meridian Energy is classified in the Utilities sector, within the Renewable Utilities industry on the ASX.

When did Meridian Energy list on the ASX?

Meridian Energy listed on the Australian Securities Exchange on 28 Oct 2013.

Latest News

Meridian Energy shares: Strong customer growth in March

The Motley Fool Australia17 Apr 2026

Meridian Energy shares: Strong customer growth in March The Motley Fool Australia

Meridian Energy Reports Strong March Quarter with Retail Sales Growth and Favourable Hydro Storage

Sharecafe17 Apr 2026

Meridian Energy Reports Strong March Quarter with Retail Sales Growth and Favourable Hydro Storage Sharecafe

Meridian Energy lifts generation and storage in January 2026 update

The Motley Fool Australia13 Feb 2026

Meridian Energy lifts generation and storage in January 2026 update The Motley Fool Australia

The Best ASX Energy Stocks to Buy

thebull.com.au30 Sept 2025

The Best ASX Energy Stocks to Buy thebull.com.au

Meridian Energy Limited (ASX: MEZ) - Dividends

intelligentinvestor.com.au27 Sept 2019

Meridian Energy Limited (ASX: MEZ) - Dividends intelligentinvestor.com.au

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ETFs That Hold MEZ

MEZ is held by 1 ASX-listed fund tracked on this site. The largest allocation is in BetaShares - Australian Sustainability Leaders ETF (ASX: FAIR) at 0.02% of its portfolio.

Fund	Portfolio Weight	Fund Size
FAIRBetaShares - Australian Sustainability Leaders ETF	0.02%	$1.10B

Largest Utilities Stocks on the ASX

Company	Market Cap	Price	1Y Change
APAAPA Group	$14.39B	$10.87	▲+30.41%
IFTInfratil Limited	$12.29B	$12.30	▲+28.68%
MCYMercury NZ Limited	$7.94B	$5.60	▼-1.04%
CENContact Energy Limited	$7.77B	$7.81	▼-6.24%
AGLAGL Energy Limited	$5.85B	$8.69	▼-14.48%
GNEGenesis Energy Limited	$2.40B	$2.13	▲+1.42%
LGILGI Limited	$275.4M	$3.10	▲+1.99%
EWCEnergy World Corporation Ltd	$183.1M	$0.059	▲+156.52%
CCECarnegie Clean Energy Limited	$71.7M	$0.175	▲+224.07%
CNQClean TeQ Water Limited	$39.9M	$0.54	▲+217.65%

Browse all ASX sectors

Historical Prices

Date	Open	High	Low	Close	Volume	Change %
12 June 2026	$4.81	$4.94	$4.81	$4.83	7.4K	▼-0.41%
11 June 2026	$4.90	$4.90	$4.85	$4.85	14K	▼-0.21%
10 June 2026	$4.72	$4.86	$4.72	$4.86	10K	▲+1.89%
9 June 2026	$4.70	$4.79	$4.66	$4.77	86K	▼-0.83%
8 June 2026	$4.89	$4.92	$4.81	$4.81	9.9K	▼-0.62%
5 June 2026	$4.89	$4.92	$4.82	$4.84	9.8K	▲+0.41%
4 June 2026	$4.785	$4.86	$4.78	$4.82	30K	▲+0.21%
3 June 2026	$4.87	$4.88	$4.75	$4.81	45K	▼-1.64%
2 June 2026	$4.79	$4.905	$4.79	$4.89	31K	▲+1.45%
1 June 2026	$4.81	$4.89	$4.81	$4.82	58K	▼-0.92%
29 May 2026	$4.74	$4.98	$4.74	$4.865	54K	▲+1.78%
28 May 2026	$4.82	$4.845	$4.75	$4.78	7.8K	▼-0.31%
27 May 2026	$4.74	$4.825	$4.74	$4.795	4.2K	▼-0.10%
26 May 2026	$4.81	$4.82	$4.74	$4.80	3.2K	▲+0.63%
25 May 2026	$4.84	$4.85	$4.74	$4.77	14K	▼-0.21%
22 May 2026	$4.81	$4.84	$4.76	$4.78	14K	▼-1.44%
21 May 2026	$4.83	$4.85	$4.78	$4.85	34K	▲+2.54%
20 May 2026	$4.84	$4.84	$4.71	$4.73	2.4K	▼-2.27%
19 May 2026	$4.83	$4.845	$4.78	$4.84	10K	▲+2.33%
18 May 2026	$4.83	$4.83	$4.73	$4.73	16K	▼-0.42%
15 May 2026	$4.82	$4.82	$4.75	$4.75	11K	▼-0.84%
14 May 2026	$4.78	$4.84	$4.76	$4.79	34K	▲+0.63%
13 May 2026	$4.77	$4.84	$4.76	$4.76	15K	▲+0.85%
12 May 2026	$4.67	$4.80	$4.67	$4.72	8.9K	▼-1.05%
11 May 2026	$4.80	$4.84	$4.66	$4.77	21K	▼-0.63%
8 May 2026	$4.87	$4.89	$4.75	$4.80	19K	▼-0.31%
7 May 2026	$4.88	$4.91	$4.81	$4.815	55K	▲+0.10%
6 May 2026	$4.75	$4.84	$4.75	$4.81	26K	▲+1.26%
5 May 2026	$4.74	$4.75	$4.68	$4.75	29K	▼-0.63%
4 May 2026	$4.69	$4.79	$4.68	$4.78	32K	▲+2.03%

About Meridian Energy Limited

IPO Date

28 Oct 2013

CEO

Mike Roan

Employees

936

Website

meridianenergy.co.nz

MEZ Frequently Asked Questions

What is the Meridian Energy (ASX: MEZ) share price?

The MEZ share price is $4.78, down 0.21% for the day, based on the latest available ASX market data.

What is Meridian Energy's market capitalisation?

Meridian Energy has a market capitalisation of $12.61B, making it the 61st-largest security listed on the ASX.

Does Meridian Energy pay a dividend?

Yes. MEZ has a trailing dividend yield of 1.77%.

What is MEZ's P/E ratio?

Meridian Energy trades on a trailing price-to-earnings (P/E) ratio of 16.22, based on its current share price and most recent reported earnings.

Is Meridian Energy profitable?

Yes. In its most recent reported period (ending 31 Dec 2025), MEZ reported revenue of $1.99B and a net profit of $227.0M.

How many MEZ shares are on issue?

Meridian Energy has approximately 2,638,773,336 shares on issue, based on its market capitalisation of $12.61B and current share price.

What sector is Meridian Energy in?

Meridian Energy is classified in the Utilities sector, within the Renewable Utilities industry on the ASX.

When did Meridian Energy list on the ASX?

Meridian Energy listed on the Australian Securities Exchange on 28 Oct 2013.

Similar Companies

Company	Market Cap	Price	P/E	Div Yield	1D Change
APAAPA Group	$14.39B	$10.87	36.03	1.96%	▲+0.56%
IFTInfratil Limited	$12.29B	$12.30	-52.07	0.41%	▲+0.33%
MCYMercury NZ Limited	$7.94B	$5.60	114.37	1.45%	▲+0.36%
CENContact Energy Limited	$7.77B	$7.81	11.06	1.71%	▼-1.64%
AGLAGL Energy Limited	$5.85B	$8.69	16.66	2.68%	▲+0.70%
CCECarnegie Clean Energy Limited	$71.7M	$0.175	-3.24	0.00%	▼-7.89%
DELDelorean Corporation Limited	$23.5M	$0.093	-4.53	0.00%	▲+2.20%
BTEBotala Energy Limited	$18.5M	$0.055	-2.88	0.00%	▼-3.51%

Fund

Portfolio Weight

Fund Size

FAIRBetaShares - Australian Sustainability Leaders ETF

0.02%

$1.10B

Company

Market Cap

Price

1Y Change

APAAPA Group

$14.39B

$10.87

▲+30.41%

IFTInfratil Limited

$12.29B

$12.30

▲+28.68%

MCYMercury NZ Limited

$7.94B

$5.60

▼-1.04%

CENContact Energy Limited

$7.77B

$7.81

▼-6.24%

AGLAGL Energy Limited

$5.85B

$8.69

▼-14.48%

GNEGenesis Energy Limited

$2.40B

$2.13

▲+1.42%

LGILGI Limited

$275.4M

$3.10

▲+1.99%

EWCEnergy World Corporation Ltd

$183.1M

$0.059

▲+156.52%

CCECarnegie Clean Energy Limited

$71.7M

$0.175

▲+224.07%

CNQClean TeQ Water Limited

$39.9M

$0.54

▲+217.65%

Historical Prices

Date	Open	High	Low	Close	Volume	Change %
12 June 2026	$4.81	$4.94	$4.81	$4.83	7.4K	▼-0.41%
11 June 2026	$4.90	$4.90	$4.85	$4.85	14K	▼-0.21%
10 June 2026	$4.72	$4.86	$4.72	$4.86	10K	▲+1.89%
9 June 2026	$4.70	$4.79	$4.66	$4.77	86K	▼-0.83%
8 June 2026	$4.89	$4.92	$4.81	$4.81	9.9K	▼-0.62%
5 June 2026	$4.89	$4.92	$4.82	$4.84	9.8K	▲+0.41%
4 June 2026	$4.785	$4.86	$4.78	$4.82	30K	▲+0.21%
3 June 2026	$4.87	$4.88	$4.75	$4.81	45K	▼-1.64%
2 June 2026	$4.79	$4.905	$4.79	$4.89	31K	▲+1.45%
1 June 2026	$4.81	$4.89	$4.81	$4.82	58K	▼-0.92%
29 May 2026	$4.74	$4.98	$4.74	$4.865	54K	▲+1.78%
28 May 2026	$4.82	$4.845	$4.75	$4.78	7.8K	▼-0.31%
27 May 2026	$4.74	$4.825	$4.74	$4.795	4.2K	▼-0.10%
26 May 2026	$4.81	$4.82	$4.74	$4.80	3.2K	▲+0.63%
25 May 2026	$4.84	$4.85	$4.74	$4.77	14K	▼-0.21%
22 May 2026	$4.81	$4.84	$4.76	$4.78	14K	▼-1.44%
21 May 2026	$4.83	$4.85	$4.78	$4.85	34K	▲+2.54%
20 May 2026	$4.84	$4.84	$4.71	$4.73	2.4K	▼-2.27%
19 May 2026	$4.83	$4.845	$4.78	$4.84	10K	▲+2.33%
18 May 2026	$4.83	$4.83	$4.73	$4.73	16K	▼-0.42%
15 May 2026	$4.82	$4.82	$4.75	$4.75	11K	▼-0.84%
14 May 2026	$4.78	$4.84	$4.76	$4.79	34K	▲+0.63%
13 May 2026	$4.77	$4.84	$4.76	$4.76	15K	▲+0.85%
12 May 2026	$4.67	$4.80	$4.67	$4.72	8.9K	▼-1.05%
11 May 2026	$4.80	$4.84	$4.66	$4.77	21K	▼-0.63%
8 May 2026	$4.87	$4.89	$4.75	$4.80	19K	▼-0.31%
7 May 2026	$4.88	$4.91	$4.81	$4.815	55K	▲+0.10%
6 May 2026	$4.75	$4.84	$4.75	$4.81	26K	▲+1.26%
5 May 2026	$4.74	$4.75	$4.68	$4.75	29K	▼-0.63%
4 May 2026	$4.69	$4.79	$4.68	$4.78	32K	▲+2.03%