Meridian Energy (NZSE:MEL) 3-Year Revenue Growth Rate : -2.10% (As of Dec. 2023)

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What is Meridian Energy 3-Year Revenue Growth Rate?

Meridian Energy's Revenue per Share for the six months ended in Dec. 2023 was NZ$0.81.

During the past 12 months, Meridian Energy's average Revenue per Share Growth Rate was 6.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was -2.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Meridian Energy was 15.90% per year. The lowest was -18.10% per year. And the median was -1.70% per year.

Competitive Comparison of Meridian Energy's 3-Year Revenue Growth Rate

For the Utilities - Renewable subindustry, Meridian Energy's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Meridian Energy's 3-Year Revenue Growth Rate falls into.

Meridian Energy 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Meridian Energy (NZSE:MEL) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Meridian Energy 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Meridian Energy's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Meridian Energy (NZSE:MEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Meridian Energy Ltd (NZSE:MEL) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

MDDNF:USA 15M1:Germany MEZ:Australia

Address

287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013

Website

https://www.meridianenergy.co.nz

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.

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