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    Wholesale distributors
Reece Limited

Reece Limited

17.16
AUD
+0.11
(+0.65%)
0.50EPS
34.79P/E
10.60BMarket Cap
Mar 03Next Earn
Reece Limited
ASX:REH
(Australian Securities Exchange)

Recent

price

17.16

P/E

ratio

34.79

div

yld

1.03%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
AUD
3.08
3
3.03
3.5
4.11
4.49
4.79
5.31
9.68
10.47
9.71
11.85
13.69
14.12
13.94
15.07
Revenue per Share
0.23
0.22
0.23
0.24
0.33
0.38
0.42
0.44
0.36
0.4
0.44
0.61
0.6
0.65
0.49
0.5
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
0.12
0.12
0.12
0.12
0.13
0.16
0.18
0.2
0.2
0.2
0.12
0.19
0.23
0.25
0.24
0.18
Dividend per Share
1.29
1.39
1.51
1.63
1.83
2.05
2.28
3.33
3.53
4.26
4.47
5.14
5.61
6.3
6.26
6.09
Book Value per Share
1.29
1.39
1.5
1.21
1.41
1.66
1.88
2.93
0.39
1.21
1.71
2.19
2.48
0.8
3.14
3.06
Tangible Book Value per Share
507
507
507
507
507
507
507
507
564
574
646
646
646
645
644
622
Basic Weighted Avg Shares
1,564
1,519
1,535
1,776
2,085
2,276
2,429
2,689
5,464
6,010
6,271
7,654
8,840
9,105
8,978
9,378
Sales/Revenue/Turnover
10.86
10.39
10.27
10.44
11.3
12.47
12.65
11.97
6.9
6.81
7.68
3.77
4.2
3.82
2.15
1.71
Operating Margin (%)
30
33
37
42
44
47
50
54
128
232
228
258
290
325
352
367
Depreciation Expense
119
113
119
123
166
192
212
225
202
229
286
392
388
419
317
308
Net Income, GAAP
30.65
30.51
30.58
31.08
30.53
31.33
30.11
29.68
31.96
26.72
24.9
22.95
31.74
28.9
29.66
26
Effective Tax Rate (%)
7.59
7.46
7.76
6.93
7.94
8.44
8.72
8.35
3.7
3.81
4.55
5.13
4.38
4.6
3.53
3.29
Profit Margin (%)
296
315
322
313
382
438
495
1,053
1,168
1,828
1,753
1,663
1,798
3,115
1,758
1,768
Working Capital
- -
- -
- -
175
155
125
100
- -
1,593
2,381
1,893
1,784
1,830
1,696
1,822
2,080
LT Debt
654
707
766
827
926
1,041
1,158
1,881
1,992
2,750
2,888
3,321
3,625
4,072
4,045
3,748
Total Equity
18.12
15.56
14.37
13.96
15.08
16.19
17.31
14.3
9.34
6.78
7.11
4.46
4.36
4.3
2.28
1.97
Return on Invested Capital (%)
19.01
16.48
16.01
13.94
16.12
17.27
17.67
14.54
9.44
6.67
7.05
8.48
7.86
8.43
6.03
5.95
Return on Capital (%)
18.99
16.64
16.18
15.45
18.89
19.54
19.26
14.78
10.44
9.66
10.13
12.64
11.16
10.89
7.81
7.91
Return on Common Equity (%)

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.11%
5.69%
-7.34%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
6.14%
3.43%
-2.77%
Sales/Revenue/Turnover
17.86%
8.72%
4.46%
Total Cash Common Dividend
- -
11.28%
-29.73%

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
9,105
2025
- -
- -
8,978
2026
- -
- -
9,378

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.65
2025
- -
- -
0.49
2026
- -
- -
0.5

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.25
2025
- -
- -
0.24
2026
- -
- -
0.18
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Business
Reece Limited is an Australian-based distributor specializing in plumbing, waterworks, heating, ventilation, air-conditioning, and refrigeration (HVAC-R) products. The company operates through a comprehensive network of over 800 branches across Australia, New Zealand, and the United States, catering to commercial, residential, and industrial customers. Its product portfolio includes a wide range of plumbing supplies, bathroom fixtures, heating and cooling equipment, waterworks infrastructure, refrigeration systems, irrigation and pool products, valves, pipe and fittings, water heaters, kitchen and laundry fixtures, decorative lighting, and hardware. Reece also provides trade services and technology solutions such as digital business management apps to enhance customer operations. Founded in 1920 and headquartered in Cremorne, Victoria, Reece Limited is publicly listed on the Australian Securities Exchange (ASX: REH). The company serves a diverse customer base including plumbing professionals, builders, contractors, and maintenance service providers, with significant operations in Australia, New Zealand, and the United States. In recent developments, Reece has expanded its product and service offerings through strategic acquisitions, including the 2022 acquisitions of International Quadratics (IQ) and Dontek, which strengthened its position in the pool and irrigation market segments, enhancing its suite of pool technology, pool builder, and maintenance products. In 2024, the company further diversified by acquiring Melbourne-based venture studio Shadowboxer and web design agency Southpaw to accelerate digital innovation in the trade and construction industries. These moves align with Reece’s strategy to digitize customer experiences and provide integrated digital tools for trade professionals via its subsidiary reecetech, including the maX digital business management app. Reece Limited operates primarily in the building materials and construction supply industry segments, targeting trade customers in plumbing, HVAC-R, and waterworks sectors. The company continues to invest in enhancing its service delivery and technology platforms to maintain market leadership and customer engagement across its key geographies of Australia, New Zealand, and the United States. As of 2025, the company employs approximately 9,000 staff and reported revenues nearing AUD 9 billion, underscoring its scale and scope within the building supply market.

Company News

Company News APIChatGPT

  • seekingalpha.com

    Reece Limited (REECF) Q4 2026 Earnings Call Transcript

  • seekingalpha.com

    Reece Limited (REECF) Shareholder/Analyst Call Transcript