Reece Ltd

Reece Ltd

REH · AU · Industrials / Industrial Distribution

18.83AUD-0.31 (-1.62%)

Price History

Full chart

Market Stats

Previous Close19.14
Open18.86
Day Range18.80 – 19.02
52-Week Range10.41 – 17.63
Volume219.88K
Market Cap10.30B
P/E (TTM)33.48
Forward P/E32.79
EPS0.50
Dividend Yield1.13%
Beta1.07
50-Day Avg16.68
200-Day Avg15.03

About

Reece Limited engages in the distribution of plumbing, waterworks, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, New Zealand, and the United States. The company offers bathroom products, such as tapware and accessories, vanities and furniture, showers, toilets, basins, bathroom appliances, and baths and spas; kitchen and laundry products, including tapware, sinks and troughs, accessories, commercial kitchen and laundry tapware, and kitchen appliances; and heating and cooling products comprising heating and cooling units, ducted air conditioning, split system air conditioning, evaporative cooling, gas ducted heating, and multi split air conditioning. It also provides hot water systems; pool and spa care equipment; garden products, which include irrigation, landscape, garden lighting, and lawn care; and civil products, such as pipe and fittings, valves, sewer and drainage, electrical pipe and fittings, and water tanks. The company serves customers in the trade, retail, commercial, and infrastructure markets. The company was formerly known as Reece Australia Limited and changed its name to Reece Limited in November 2015. Reece Limited was founded in 1920 and is based in Cremorne, Australia.

Company Details

  • SectorIndustrials
  • IndustryIndustrial Distribution
  • CEOMr. Peter J. Wilson B.Comm (Melb), FAIM
  • Employees9.00K
  • Headquarters57 Balmain Street, Cremorne, VIC, Australia, 3121, Australia
  • Websitehttps://www.reece.com.au

Leadership

  • Mr. Peter J. Wilson B.Comm (Melb), FAIMChairman & CEO · b. 1968
  • Mr. Sasa NikolicMD, Group President & Executive Director
  • Mr. Andrew YoungGroup Chief Financial Officer
  • Mr. Claude A. Swanson Hornsby IIIExecutive Chair of United States · b. 1956
  • Ms. Chantelle DuffyCompany Secretary

Financials

Income Statement

Currency: AUD1989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue191.80M212.70M185.03M179.46M187.47M220.03M272.51M268.50M321.27M--593.64M529.66M637.03M740.24M871.81M1.01B1.11B1.31B1.44B1.51B1.50B1.56B1.52B1.53B1.78B2.09B2.28B2.43B2.69B5.46B6.01B6.27B7.65B8.84B9.10B8.98B9.38B
Growth (%)-+10.90%-13.01%-3.01%+4.46%+17.37%+23.85%-1.47%+19.65%----10.78%+20.27%+16.20%+17.78%+15.81%+10.28%+17.54%+9.84%+4.87%-0.26%+4.00%-2.89%+1.08%+15.70%+17.41%+9.17%+6.72%+10.67%+103.22%+9.99%+4.34%+22.06%+15.49%+3.00%-1.39%+4.46%
Cost of Revenue------------394.68M476.26M548.60M638.14M735.51M908.16M926.91M974.27M1.05B1.03B1.07B1.03B1.04B1.21B1.40B1.52B1.62B1.80B3.93B5.27B4.51B5.52B6.33B6.50B6.42B6.66B
Gross Profit191.80M212.70M185.03M179.46M187.47M220.03M272.51M268.50M321.27M---134.98M160.77M191.64M233.67M274.13M1.09B381.79M463.16M457.78M469.46M489.64M484.24M492.44M566.09M405.81M758.91M810.10M889.10M773.70M739.60M798.32M2.14B2.51B2.61B2.56B2.71B
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%---25.48%25.24%25.89%26.80%27.15%97.92%29.17%32.22%30.37%31.22%31.31%31.89%32.08%31.88%19.46%33.34%33.35%33.07%14.16%12.31%12.73%27.95%28.36%28.62%28.49%28.95%
Operating Expense2.32M2.81M3.24M3.33M3.37M3.80M4.33M4.94M0---100.76M110.04M136.12M146.71M178.49M967.85M232.52M298.98M309.58M310.36M319.87M326.53M333.39M379.96M167.84M472.76M501.71M566.54M396.03M329.59M316.17M1.59B1.84B1.93B2.37B2.19B
Operating Income189.48M209.89M181.79M176.13M184.10M216.23M268.17M263.57M321.27M-6.71M43.83M100.74M34.21M50.73M55.52M86.96M95.64M122.45M149.27M164.18M148.20M159.09M169.78M157.71M159.05M186.13M237.96M286.15M308.39M322.55M377.68M410.02M482.16M548.93M663.77M674.40M192.89M527.78M
Operating Margin98.79%98.68%98.25%98.14%98.20%98.27%98.41%98.16%100.00%--16.97%6.46%7.96%7.50%9.97%9.47%11.00%11.41%11.42%9.83%10.58%10.86%10.39%10.36%10.48%11.41%12.57%12.69%12.00%6.91%6.82%7.69%7.17%7.51%7.41%2.15%5.63%
EBITDA23.87M27.36M15.27M13.18M14.71M17.12M17.48M17.31M18.99M35.36M43.83M100.74M52.36M59.25M64.79M86.56M106.35M138.01M166.87M184.79M168.85M191.70M203.18M196.45M209.01M224.68M291.99M334.26M358.90M378.32M508.40M634.49M702.99M820.78M912.41M983.92M863.32M895.02M
EBITDA Margin12.44%12.86%8.25%7.34%7.85%7.78%6.41%6.45%5.91%--16.97%9.89%9.30%8.75%9.93%10.53%12.40%12.75%12.86%11.20%12.75%12.99%12.94%13.62%12.65%14.00%14.68%14.77%14.07%9.30%10.56%11.21%10.72%10.32%10.81%9.62%9.54%
Net Income13.49M14.33M8.29M7.35M7.92M11.07M11.60M10.74M11.93M17.27M27.43M38.79M28.22M42.46M46.74M61.53M75.32M86.86M103.49M113.57M96.73M114.26M118.61M113.28M119.13M123.03M165.56M192.22M211.79M224.62M202.10M229.00M285.60M392.49M387.61M419.17M316.94M308.15M
Net Income Margin7.03%6.74%4.48%4.09%4.22%5.03%4.26%4.00%3.71%--6.53%5.33%6.67%6.31%7.06%7.46%7.80%7.91%7.90%6.42%7.60%7.59%7.46%7.76%6.93%7.94%8.44%8.72%8.35%3.70%3.81%4.55%5.13%4.38%4.60%3.53%3.29%
Interest Expense1.08M2.60M803.00K390.00K287.00K8.00K35.00K11.00K023.00K0015.00K000080.00K1.50M2.00M3.31M1.76M2.52M445.00K269.00K4.18M9.22M7.75M5.90M5.04M83.30M110.88M90.39M68.36M86.27M104.31M107.91M122.92M
Interest Expense % of Total Revenue0.56%1.22%0.43%0.22%0.15%0.00%0.01%0.00%0.00%--0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.11%0.14%0.22%0.12%0.16%0.03%0.02%0.24%0.44%0.34%0.24%0.19%1.52%1.84%1.44%0.89%0.98%1.15%1.20%1.31%

Balance Sheet

Currency: AUD1989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets110.93M116.92M107.65M116.21M123.76M142.31M158.23M160.43M194.77M214.15M246.43M298.52M295.57M352.32M389.23M456.22M515.68M605.13M667.62M781.44M838.61M887.10M958.02M1.01B1.08B1.38B1.46B1.59B1.69B2.32B4.47B6.34B6.12B6.61B6.92B7.09B7.42B7.67B
Total Liabilities53.34M47.98M32.41M35.62M37.24M47.50M54.34M48.79M75.19M84.27M100.07M138.27M118.46M149.68M147.32M175.20M190.21M229.13M234.75M290.44M305.36M292.23M303.70M301.92M310.92M549.82M534.39M550.33M529.64M443.41M2.48B3.59B3.23B3.29B3.30B3.21B3.37B3.93B
Total Equity57.60M68.94M75.24M80.59M86.52M94.80M103.88M111.63M119.58M129.88M146.36M160.25M177.11M202.64M241.91M281.03M325.47M376.00M432.87M491.00M533.25M594.87M654.32M706.95M765.83M826.97M926.21M1.04B1.16B1.88B1.99B2.75B2.89B3.32B3.63B3.88B4.05B3.75B
Cash33.00K3.09M4.04M15.60M19.34M20.11M15.05M20.05M21.00M11.53M23.82M36.47M34.88M43.68M45.07M45.71M45.98M53.66M23.65M38.51M54.55M122.63M134.19M166.76M156.23M73.76M85.02M105.12M101.81M539.89M127.71M1.00B828.97M220.48M372.71M341.38M275.41M327.67M
Total Debt10.68M8.62M3.32M3.21M73.00K585.00K267.00K340.24K980.00K65.00K-------3.21M5.21M31.77M47.79M8.96M8.30M9.02M8.89M204.78M175.12M145.00M100.00M-1.61B2.48B2.01B1.90B1.96B1.83B1.97B2.25B
Net Debt10.64M5.53M-720.00K-12.39M-19.27M-19.52M-14.78M-19.71M-20.02M-11.46M-23.82M-36.47M-34.88M-43.68M-45.07M-45.71M-45.98M-50.46M-18.43M-6.74M-6.76M-113.67M-125.88M-157.74M-147.34M131.01M90.09M39.88M-1.80M-539.89M1.48B1.48B1.18B1.68B1.59B1.49B1.70B1.93B

Cash Flow

Currency: AUD1989-06-301990-06-301991-06-301992-06-301993-06-301994-06-301995-06-301996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow--13.23M15.52M13.25M10.05M10.48M13.88M9.29M20.50M35.65M44.82M18.83M35.93M41.97M47.67M61.83M90.62M67.31M121.31M113.26M190.02M135.83M156.55M139.76M145.72M166.25M190.34M214.81M180.93M254.47M600.96M351.92M221.79M766.38M750.90M599.78M645.17M
Investing Cash Flow---3.19M-1.47M-3.46M-7.79M-12.40M-5.95M-6.00M-7.07M-12.84M-17.77M-15.48M-14.80M-22.15M-24.63M-30.69M-46.30M-52.13M-78.99M-58.37M-30.32M-64.86M-63.94M-89.40M-361.33M-59.59M-61.44M-79.50M-136.63M-2.10B-279.50M-67.92M-280.98M-309.52M-243.96M-342.50M-156.99M
Financing Cash Flow---8.79M-2.38M-5.92M-2.00M-2.82M-3.00M-2.99M-3.98M-10.45M-22.40M-14.93M-12.34M-18.43M-22.41M-30.88M-36.63M-45.19M-27.47M-38.85M-91.62M-59.42M-60.04M-60.88M133.14M-95.40M-108.80M-138.62M393.79M1.43B556.28M-462.13M-574.66M-307.12M-538.80M-323.53M-432.53M
Capital Expenditure003.54M2.02M4.54M8.76M13.26M8.38M8.18M11.02M13.50M19.40M16.30M15.31M22.96M26.58M31.50M47.21M53.32M80.82M61.11M33.40M67.33M67.75M89.90M65.91M65.13M65.51M94.88M88.24M99.20M110.76M72.64M200.11M177.48M236.31M258.38M162.68M
Free Cash Flow--9.69M13.50M8.72M1.29M-2.78M5.50M1.10M9.49M22.15M25.42M2.52M20.63M19.01M21.10M30.33M43.41M13.99M40.49M52.14M156.63M68.50M88.80M49.86M79.82M101.11M124.83M119.93M92.68M155.27M490.20M279.28M21.68M588.90M492.93M341.40M482.49M
Dividends Paid--2.99M1.99M1.99M1.99M2.79M2.99M2.99M3.98M10.46M22.41M14.94M12.35M18.43M22.41M30.88M39.84M46.81M54.78M54.78M52.79M58.76M60.76M60.76M62.75M65.74M78.68M93.62M100.60M113.57M113.57M77.52M125.97M148.58M161.50M156.65M110.08M
FCF to OCF--73.25%86.96%65.78%12.85%-26.51%39.64%11.90%46.26%62.13%56.72%13.40%57.40%45.29%44.25%49.06%47.91%20.78%33.38%46.04%82.42%50.43%56.72%35.68%54.77%60.82%65.58%55.83%51.23%61.02%81.57%79.36%9.78%76.84%65.64%56.92%74.78%
Dividend Paid to FCF--30.82%14.76%22.85%154.30%-100.40%54.30%270.41%42.00%47.22%88.15%592.15%59.88%96.94%106.22%101.79%91.77%334.66%135.28%105.06%33.70%85.79%68.42%121.84%78.62%65.01%63.03%78.07%108.54%73.14%23.17%27.76%581.02%25.23%32.76%45.88%22.81%

Earnings

Report DateFeb 24, 2014Aug 28, 2014Feb 25, 2016Aug 25, 2016Feb 23, 2017Aug 31, 2017Feb 22, 2018Aug 30, 2018Feb 28, 2019Aug 28, 2019Nov 27, 2019Mar 11, 2020Aug 26, 2020Feb 25, 2021Aug 24, 2021Oct 28, 2021Feb 23, 2022Jun 1, 2022Aug 23, 2022Oct 27, 2022Feb 22, 2023May 31, 2023Aug 23, 2023Oct 25, 2023Feb 26, 2024May 29, 2024Aug 18, 2024Oct 23, 2024Feb 23, 2025May 28, 2025Aug 25, 2025Nov 20, 2025Feb 23, 2026Feb 24, 2027
EPS Estimate0.000.000.000.000.000.000.000.000.000.230.000.000.180.000.230.000.260.000.280.000.260.000.270.000.340.000.280.000.290.000.330.000.31-
EPS Actual0.000.000.180.200.190.230.210.240.170.190.000.190.210.190.250.000.240.000.360.000.290.000.000.000.000.000.000.000.280.000.210.000.23-
Surprise----------16.85%--16.67%-8.70%--7.69%-28.57%-10.48%--100.00%--100.00%--100.00%--4.11%--36.36%--25.81%-
Timing------------------Pre-market-Pre-market-Pre-market-------Pre-market---

Key Statistics & Ratios

Market Cap10.30B
Enterprise Value12.21B
Trailing P/E33.48
Forward P/E32.79
PEG Ratio0.00
Price / Sales1.10
Price / Book2.74
EPS0.50
Book Value6.09
Revenue (TTM)9.38B
Gross Profit (TTM)2.71B
EBITDA698.87M
Profit Margin3.29%
Operating Margin5.63%
Return on Equity7.91%
Return on Assets4.37%
Shares Outstanding615.09M
Shares Float173.54M
Beta1.07
Dividend Yield1.13%
Dividend Rate0.19
Payout Ratio133.48%

Dividends

20262×
0.13Oct 6, 20260.05Mar 17, 2026
20252×
0.12Oct 7, 20250.07Mar 18, 2025
20242×
0.18Oct 8, 20240.08Mar 27, 2024
20232×
0.17Oct 10, 20230.08Mar 21, 2023
20222×
0.15Oct 11, 20220.07Mar 28, 2022
20212×
0.12Oct 12, 20210.06Mar 29, 2021
20202×
0.06Oct 6, 20200.06Mar 17, 2020
20192×
0.14Oct 8, 20190.06Mar 19, 2019
20182×
0.14Oct 9, 20180.06Mar 19, 2018
20172×
0.14Oct 10, 20170.06Mar 15, 2017
20162×
0.13Oct 10, 20160.05Mar 15, 2016
20152×
0.10Oct 6, 20150.05Mar 13, 2015

Stock Splits

  • Apr 7, 20201079:1072
  • May 9, 20182758:2727
  • Dec 18, 20175:1
  • May 8, 20025:1