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Mercury

Directory

NZX code:
MCY
Short name:
Mercury
Legal name:
Mercury NZ Limited
Industry sector: Energy
NZX50 rank: [no data]
Head office:
The Mercury Building 33, Newmarket, Auckland 1023
Chairman:
Scott St John
Chief executive:
Stew Hamilton
Financial year ended:
June
Locations: New Zealand
Auditor:
EY
Bankers:
ANZ, ASB, BNZ, CCB, MUFG, Mizuho Bank, Westpac

Mercury Energy

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Financial Data

A. Recent trading and performance summary

Total revenue NPAT Earnings per share
bln mln cents
2018 1.8 234 17
2019 2.0 357 26
2020 1.8 209 15
2021 2.0 141 10
2022 2.2 469 34
2023 2.7 103 8
2024 3.4 290 21
2025 3.5 1 7

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B. Recent financial position summary

Total assets Total Liabilities Equity ratio
bln bln %
2018 6.1 2.8 54
2019 6.5 3.0 55
2020 6.9 3.1 54
2021 8.0 3.8 53
2022 9.7 4.9 49
2023 9.4 4.6 51
2024 9.8 4.9 50
2025 9.9 5.1 49

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C. Recent cash flows and positions

Cash inflows Cash outflows Cash and equiv. at year end
mln mln mln
2018 376 401 5
2019 424 335 94
2020 352 367 79
2021 380 296 163
2022 436 534 65
2023 674 578 72
2024 702 612 63
2025 483 441 86

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D. Recent key ratio analysis

Earnings per share Price:Earnings ratio NTA/share Dividend yield
cents annual avg dollars annual avg %
2018 17 20 2 5
2019 26 18 3 3
2020 15 31 3 3
2021 10 64 3 3
2022 34 17 3 4
2023 0.1 85 3 5
2024 1 190 3 5
2025 0.04 187 3 5

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Description of trading activities

"Mercury NZ Limited is a New Zealand electricity generation and electricity retailing company. All of the company's electricity generation is renewable. It owns and operates nine hydroelectric generating stations on the Waikato River and five geothermal plants in the Taupo area"

CEO profile

Stew Hamilton joined Mercury in 2021 as the General Manager. Here he had the responsibility for management, operation, and maintenance of electricity generation assets. Hamilton became the Chief executive of MCY effective in September of 2024. Prior to MCY, Hamilton was the Chief executive at New Zealand Aluminium Smelters Ltd, and has over 25 years of experience in the industrial energy sector in Australia, New Zealand, and Africa.

Chairman profile

Scott St John has an extensive career in the investment advisory industry, and capital markets. St John is also chair of ANZ Bank, director of ANZ Group, and the Next foundation. St John was also a former director for Fonterra Cooperative Group. One of his major contributions to the markets was his work in the Financial markets Authority Establishment Board, at this time he was also the Chancellor of the University of Auckland.