Meridian Energy Valuation Multiples

Meridian Energy Overview

About Meridian Energy

Meridian Energy is one of New Zealand’s leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.

Founded

1998

HQ

Employees

936

Website

meridianenergy.co.nz

Sectors

UtilitiesRenewable EnergyEnergy Production

Financials (LTM)

Revenue: $2B

EBITDA: $568M

EV

$10B

Valuation Multiples

Multiples.vc

Start free trial

Meridian Energy Financials

Meridian Energy reported last 12-month revenue of $2B and EBITDA of $568M.

In the same LTM period, Meridian Energy generated $568M in EBITDA and $120M in net income.

Meridian Energy P&L

In the most recent fiscal year, Meridian Energy reported revenue of $3B and EBITDA of $357M.

Meridian Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX

Meridian Energy Stock Performance

Meridian Energy has current market cap of $9B, and enterprise value of $10B.

Meridian Energy's stock price is $3.26.

Meridian Energy Valuation Multiples

Meridian Energy trades at 4.0x EV/Revenue multiple, and 16.9x EV/EBITDA.

Meridian Energy Financial Valuation Multiples

As of April 20, 2026, Meridian Energy has market cap of $9B and EV of $10B.

Equity research analysts estimate Meridian Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Meridian Energy has a P/E ratio of 71.8x.

Meridian Energy Margins & Growth Rates

Meridian Energy's revenue in the last 12 month grew by 15%.

Meridian Energy's revenue per employee in the last FY averaged $3.0M, while opex per employee averaged $2.6M for the same period.

Meridian Energy's rule of 40 is 26% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Meridian Energy's rule of X is 28% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Meridian Energy Public Comps

See public comps and valuation multiples for other Utilities and Renewable Energy comps.

Meridian Energy M&A Activity

Meridian Energy acquired XXX companies to date.

Last acquisition by Meridian Energy was on XXXXXXXX, XXXXX. Meridian Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Meridian Energy Investment Activity

Meridian Energy invested in XXX companies to date.

Meridian Energy made its latest investment on XXXXXXXX, XXXXX. Meridian Energy invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).