GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Meridian Energy Ltd (OTCPK:MDDNF) » Definitions » Net Margin %

Meridian Energy (Meridian Energy) Net Margin % : 9.10% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Meridian Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Meridian Energy's Net Income for the six months ended in Dec. 2023 was $119 Mil. Meridian Energy's Revenue for the six months ended in Dec. 2023 was $1,307 Mil. Therefore, Meridian Energy's net margin for the quarter that ended in Dec. 2023 was 9.10%.

The historical rank and industry rank for Meridian Energy's Net Margin % or its related term are showing as below:

MDDNF' s Net Margin % Range Over the Past 10 Years
Min: 2.25   Med: 8.54   Max: 12.24
Current: 2.25


MDDNF's Net Margin % is ranked worse than
67.15% of 414 companies
in the Utilities - Independent Power Producers industry
Industry Median: 8.275 vs MDDNF: 2.25

Meridian Energy Net Margin % Historical Data

The historical data trend for Meridian Energy's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Meridian Energy Net Margin % Chart

Meridian Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.76 5.19 10.01 12.24 2.97

Meridian Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.00 15.72 13.22 -6.30 9.10

Competitive Comparison of Meridian Energy's Net Margin %

For the Utilities - Renewable subindustry, Meridian Energy's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meridian Energy's Net Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Meridian Energy's Net Margin % falls into.



Meridian Energy Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Meridian Energy's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=58.282/1965.031
=2.97 %

Meridian Energy's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=118.855/1306.783
=9.10 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Meridian Energy  (OTCPK:MDDNF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Meridian Energy Net Margin % Related Terms

Thank you for viewing the detailed overview of Meridian Energy's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Meridian Energy (Meridian Energy) Business Description

Traded in Other Exchanges
Address
287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013
Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.

Meridian Energy (Meridian Energy) Headlines