Mercury NZ Limited
Research Mercury NZ Limited (MRY) on Bullrun: market cap EUR 4.82B, P/E 28.2, dividend yield 3.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMRY
- ExchangeF
- CountryNew Zealand
- SectorUtilities
- IndustryUtilities - Renewable
- CurrencyEUR
- Market capEUR 4.82B
- P/E28.2
- Dividend yield3.8%
- Financial periodFY2025
- RevenueNZD 3.50B
- Revenue growth2.0%
- Net incomeNZD 1.00M
- Free cash flowNZD 16.00M
- Gross margin28.0%
Valuation Snapshot
latest market cap is EUR 4.82B; P/E is 28.2; dividend yield is 3.8%.
Peer valuation comparison
Latest P/E is 28.17x versus a Utilities sector median of 17.14x (64.4% above).
Latest dividend yield is 3.83% versus a Utilities sector median of 3.61% (6.1% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | NZD 3.50B | NZD 1.00M | NZD 16.00M | 28.0% | 0 | NZD 86.00M | NZD 2.28B | NZD 4.90B |
| FY2024 | NZD 3.43B | NZD 290.00M | NZD 278.00M | 32.4% | 0.21 | NZD 44.00M | NZD 1.94B | NZD 4.85B |
| FY2023 | NZD 2.73B | NZD 103.00M | NZD 281.00M | 43.1% | 0.07 | NZD 75.00M | NZD 1.90B | NZD 4.85B |
| FY2022 | NZD 2.12B | NZD 469.00M | NZD 213.00M | 37.4% | 0.34 | NZD 65.00M | NZD 1.96B | NZD 4.75B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-23 | EUR 4.82B | 28.2 | 4.0% | 0.14 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.14 EUR, yield 3.8%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.12 NZD |
| FY2024 | 0.12 NZD |
| FY2023 | 0.11 NZD |
| FY2022 | 0.1 NZD |
| FY2021 | 0.08 NZD |
About Mercury NZ Limited
Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity and related activities in New Zealand. The company operates through Generation/Wholesale, Customer, and Other segments. It operates nine hydro power stations with total of 4,452 GWh hydro generation; five geothermal stations with total of 2,622 GWh geothermal generation; and five wind stations with total of 1,995 GWh wind generation.
Related stock research
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Frequently asked questions
What is Mercury NZ Limited's market cap?
Mercury NZ Limited's market capitalization is EUR 4.82B.
What is Mercury NZ Limited's P/E ratio?
Mercury NZ Limited's price-to-earnings (P/E) ratio is 28.2.
Does Mercury NZ Limited pay a dividend?
Mercury NZ Limited has a dividend yield of 3.8%.
What does Mercury NZ Limited do?
Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity and related activities in New Zealand. The company operates through Generation/Wholesale, Customer, and Other segments. It operates nine hydro power stations with total of 4,452 GWh hydro generation; five geothermal stations with total of 2,622 GWh geothermal generation; and five wind stations with total of 1,995 GWh wind generation. The company also provides its multi-product utility services to residential, small-to medium-sized business, industrial, and wholesale customers.