MDDNF (Meridian Energy) Retained Earnings: $-1,612 Mil (As of Dec. 2025)


MDDNF Meridian Energy Ltd MDDNF
73 GF Score
Price $3.37
GF Value $3.42
Valuation Fairly Valued
! 6 Warning Signs
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What is Meridian Energy Retained Earnings?

Meridian Energy MDDNF 73 Retained Earnings is $-1,612 Mil as of Dec. 2025. GuruFocus rates MDDNF with a GF Score™ of 73/100 and a GF Value™ of $3.42 (Fairly Valued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Meridian Energy's retained earnings for the quarter that ended in Dec. 2025 was $-1,612 Mil.

Meridian Energy's quarterly retained earnings declined from Dec. 2024 ($-1,229 Mil) to Jun. 2025 ($-1,582 Mil) and declined from Jun. 2025 ($-1,582 Mil) to Dec. 2025 ($-1,612 Mil).

Meridian Energy's annual retained earnings declined from Jun. 2023 ($-982 Mil) to Jun. 2024 ($-1,001 Mil) and declined from Jun. 2024 ($-1,001 Mil) to Jun. 2025 ($-1,582 Mil).


Meridian Energy  (OTCPK:MDDNF) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Meridian Energy Retained Earnings Historical Data

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The historical data trend for Meridian Energy's Retained Earnings 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.

Meridian Energy Retained Earnings Chart

Meridian Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,100.21 -789.07 -981.60 -1,001.23 -1,581.77

Meridian Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Retained Earnings 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 -1,067.83 -1,001.23 -1,228.74 -1,581.77 -1,612.27
MDDNF
73GF Score
Meridian Energy Ltd MDDNF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Meridian Energy Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-1,612 Mil mean?
Meridian Energy (MDDNF) has a Retained Earnings of $-1,612 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Meridian Energy and its competitors.
Is Meridian Energy's Retained Earnings too high?
Meridian Energy's current Retained Earnings is $-1,612 Mil. Overall, Meridian Energy has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meridian Energy's Retained Earnings compare to competitors?
Meridian Energy's Retained Earnings of $-1,612 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Utilities - Independent Power Producers company?
A good Retained Earnings depends on the Utilities - Independent Power Producers industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Meridian Energy and its competitors. Meridian Energy's current Retained Earnings is $-1,612 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Energy stock overvalued right now?
Based on GuruFocus' analysis, Meridian Energy (MDDNF) is currently considered Fairly Valued. The stock's GF Value™ is $3.42, compared to a current price of $3.37 — trading 1.4% below its estimated fair value. The current Retained Earnings is $-1,612 Mil. Meridian Energy's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Meridian Energy (MDDNF), the current Retained Earnings is $-1,612 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Meridian Energy (MDDNF) Overvalued in 2026?

Based on GuruFocus' analysis, Meridian Energy stock appears to be undervalued. The current stock price of $3.37 is trading 1.4% below its estimated GF Value™ of $3.42. GuruFocus considers Meridian Energy to be Fairly Valued.

Key valuation signals for MDDNF:

  • Retained Earnings: $-1,612 Mil
  • GF Value™: $3.42 vs. price of $3.37 (1.4% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the MDDNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meridian Energy Business Description

Address 98 Customhouse Quay, Level 2, Wellington, NZL, 6011
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.
73GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.37
Price
$3.42
GF Value