MDDNF (Meridian Energy) Tax Rate % : 27.98% (As of Dec. 2024)

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What is Meridian Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meridian Energy's Tax Expense for the six months ended in Dec. 2024 was $-27 Mil. Meridian Energy's Pre-Tax Income for the six months ended in Dec. 2024 was $-97 Mil. Therefore, Meridian Energy's Tax Rate % for the quarter that ended in Dec. 2024 was 27.98%.

Meridian Energy Tax Rate % Historical Data

The historical data trend for Meridian Energy's Tax Rate % 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.

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Meridian Energy Tax Rate % Chart

Meridian Energy Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Tax Rate %

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26.36

28.07

27.84

24.60

27.78

Meridian Energy Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Tax Rate %	Get a 7-Day Free Trial															27.96	30.72	27.38	28.10	27.98

Meridian Energy Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Meridian Energy's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2024 )	/	Pre-Tax Income (A: Jun. 2024 )
	=	101.289	/	364.641
	=	27.78 %

Meridian Energy's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-27.011	/	-96.552
	=	27.98 %

Meridian Energy Tax Rate % Related Terms

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Meridian Energy Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MEL:New Zealand 15M1:Germany MEZ:Australia

Address

98 Customhouse Quay, Level 2, Wellington, STL, NZL, 6011

Website

https://www.meridianenergy.co.nz

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.