Meridian Energy Ltd

AU:MEZ Australia Utilities - Renewable
Market Cap
$7.35 Billion
AU$11.87 Billion AUD
Market Cap Rank
#3514 Global
#30 in Australia
Share Price
AU$4.50
Change (1 day)
+1.12%
52-Week Range
AU$4.45 - AU$5.53
All Time High
AU$7.58
About

Meridian Energy Limited engages in the generation and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. The company generates electricity through 7 hydro stations; 8 wind farms; and 100MW battery energy storage system, as well as grid-scale solar array. It sells electricity under the Meridian Energy and Powershop brands.… Read more

Market Cap & Net Worth: Meridian Energy Ltd (MEZ)

Meridian Energy Ltd (AU:MEZ) has a market capitalization of $7.35 Billion (AU$11.87 Billion) as of March 18, 2026. Listed on the AU stock exchange, this Australia-based company holds position #3514 globally and #30 in its home market, demonstrating a -4.46% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Meridian Energy Ltd's stock price AU$4.50 by its total outstanding shares 2638773336 (2.64 Billion).

Meridian Energy Ltd Market Cap History: 2015 to 2026

Meridian Energy Ltd's market capitalization history from 2015 to 2026. Data shows growth from $2.63 Billion to $7.35 Billion (11.61% CAGR).

Index Memberships

Meridian Energy Ltd is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
Australia All Ordinaries
AORD
$319.42 Billion 1.13% #24 of 495

Weight: Meridian Energy Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Meridian Energy Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Meridian Energy Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

1.67x

Meridian Energy Ltd's market cap is 1.67 times its annual revenue

Industry average:
1.10x
Higher than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $3.08 Billion $2.37 Billion $185.00 Million 1.30x 16.66x
2017 $3.42 Billion $2.31 Billion $197.00 Million 1.48x 17.35x
2018 $4.42 Billion $2.75 Billion $201.00 Million 1.61x 22.00x
2019 $6.72 Billion $3.47 Billion $339.00 Million 1.94x 19.84x
2020 $10.17 Billion $3.39 Billion $176.00 Million 3.00x 57.79x
2021 $6.88 Billion $3.96 Billion $428.00 Million 1.74x 16.07x
2022 $7.67 Billion $3.78 Billion $451.00 Million 2.03x 17.01x
2023 $8.05 Billion $3.20 Billion $95.00 Million 2.51x 84.78x
2024 $8.81 Billion $4.86 Billion $429.00 Million 1.81x 20.53x
2025 $8.01 Billion $4.79 Billion -$452.00 Million 1.67x N/A

Competitor Companies of MEZ by Market Capitalization

Companies near Meridian Energy Ltd in the global market cap rankings as of March 18, 2026.

Key companies related to Meridian Energy Ltd by market ranking:

  • China Yangtze Power Co. Ltd. GDR (LSE:CYPC): Ranked #27 globally with a market cap of $403.53 Billion USD.
  • CN YANGT.PWR GDR REG S/A (F:CYZB): Ranked #298 globally with a market cap of $71.71 Billion USD ( €69.86 Billion EUR).
  • China Yangtze Power Co Ltd (SHG:600900): Ranked #544 globally with a market cap of $39.27 Billion USD ( CN¥288.15 Billion CNY).
  • The Kansai Electric Power Company Incorporated (F:KPO): Ranked #1296 globally with a market cap of $14.05 Billion USD ( €13.69 Billion EUR).

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#27 China Yangtze Power Co. Ltd. GDR LSE:CYPC $403.53 Billion $38.40
#298 CN YANGT.PWR GDR REG S/A F:CYZB $71.71 Billion €35.00
#544 China Yangtze Power Co Ltd SHG:600900 $39.27 Billion CN¥27.42
#1296 The Kansai Electric Power Company Incorporated F:KPO $14.05 Billion €13.69

Meridian Energy Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, Meridian Energy Ltd's market cap moved from $2.63 Billion to $ 7.35 Billion, with a yearly change of 11.61%.

Year Market Cap Change (%)
2026 AU$7.35 Billion -8.16%
2025 AU$8.01 Billion -9.09%
2024 AU$8.81 Billion +9.34%
2023 AU$8.05 Billion +4.99%
2022 AU$7.67 Billion +11.56%
2021 AU$6.88 Billion -32.39%
2020 AU$10.17 Billion +51.25%
2019 AU$6.72 Billion +52.05%
2018 AU$4.42 Billion +29.38%
2017 AU$3.42 Billion +10.93%
2016 AU$3.08 Billion +16.95%
2015 AU$2.63 Billion --

End of Day Market Cap According to Different Sources

On Mar 17th, 2026 the market cap of Meridian Energy Ltd was reported to be:

Source Market Cap
Yahoo Finance $7.35 Billion USD
MoneyControl $7.35 Billion USD
MarketWatch $7.35 Billion USD
marketcap.company $7.35 Billion USD
Reuters $7.35 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.