Reece Limited

Reece Limited

17.16
AUD
+0.11
(+0.65%)
0.50EPS
34.79P/E
10.60BMarket Cap
Mar 03Next Earn

Total Valuation

AUD

As of June 30, 2026, Reece Limited carries a market capitalization of 10.60B, placing it among publicly traded companies globally. Its enterprise value stands at 12.52B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap10.60B
Enterprise Value12.52B

Important Dates

Reece Limited's next confirmed earnings release is scheduled for March 3, 2027.

Earnings Date3/3/2027

Share Statistics

As of June 30, 2026, Reece Limited has 615.09M shares outstanding.

Shares Outstanding615.09M

Valuation Ratios

As of June 30, 2026, Reece Limited trades at a trailing price-to-earnings ratio of 34.79. The price-to-sales ratio is 1.14, and the price-to-book ratio stands at 2.83.

PE Ratio34.79
PS Ratio1.14
PB Ratio2.83
P/TBV Ratio5.63

Enterprise Valuation

As of June 30, 2026, Reece Limited trades at an EV/EBITDA multiple of 23.73 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.34 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 78.01 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 12.52B versus a market cap of 10.60B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.34
EV / EBITDA23.73
EV / EBIT78.01

Financial Position

As of June 30, 2026, Reece Limited maintains a current ratio of 1.98, meaning it holds 2.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 60.11, indicating elevated leverage, while an interest coverage ratio of 7.95 demonstrates adequate ability to service its debt obligations.

Current Ratio1.98
Quick Ratio1.00
Debt / Equity60.11
Debt / EBITDA4.27
Interest Coverage7.95

Financial Efficiency

AUD

Over the twelve months ended June 30, 2026, Reece Limited posted a return on equity (ROE) of 7.91, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 1.97 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.08, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 5.95, useful for judging operating efficiency across full business cycles. The company generates approximately 1.04M in revenue per employee across its workforce of 9,000.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 4.00 indicates how many times Reece Limited sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)7.91
Return on Assets (ROA)4.08
Return on Invested Capital (ROIC)1.97
Return on Capital Employed (ROCE)5.95
Revenue Per Employee1.04M
Employee Count9,000.00
Inventory Turnover4.00

Taxes

AUD

Over the twelve months ended June 30, 2026, Reece Limited recorded 108.27M in income tax expense. That works out to an effective tax rate of 26.00, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 416.43M, leaving 308.16M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax108.27M
Effective Tax Rate26.00

Stock Price Statistics

AUD

As of the close on October 22, 2026, Reece Limited's stock has gained approximately 48.19% over the past 52 weeks. The 50-day moving average sits at 16.76, while the 200-day moving average is 15.29.

52-Week Price Change48.19%
50-Day Moving Average16.76
200-Day Moving Average15.29

Income Statement

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Over the twelve months ended June 30, 2026, Reece Limited generated 9.38B in revenue and converted that into 308.16M in net income, yielding earnings per share of 0.50. EBITDA reached 527.78M, while operating income came in at 160.55M.

Revenue9.38B
Gross Profit2.71B
Operating Income160.55M
Pretax Income416.43M
Net Income308.16M
EBITDA527.78M
EBIT160.55M
Earnings Per Share (EPS)0.50

Balance Sheet

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As of June 30, 2026, Reece Limited holds 327.67M in cash and equivalents against 2.25B in total debt, resulting in a net debt position of 743.72M. Total book value stands at 3.75B, with working capital of 1.77B providing operational flexibility.

Cash & Cash Equivalents327.67M
Total Debt2.25B
Net Debt743.72M
Equity (Book Value)3.75B
Book Value Per Share6.09
Working Capital1.77B

Cash Flow

AUD

These figures cover the twelve months ended June 30, 2026.

Capital Expenditures-174.37M

Margins

Over the twelve months ended June 30, 2026, Reece Limited posted a gross margin of 28.95, reflecting its pricing power and cost economics. The operating margin of 1.71 and net profit margin of 3.29 provide insight into operational efficiency.

Gross Margin28.95
Operating Margin1.71
Pretax Margin4.44
Profit Margin3.29
EBITDA Margin5.63

Dividends & Yields

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Over the twelve months ended June 30, 2026, Reece Limited paid dividends of 0.18 per share. The dividend payout ratio of 35.72 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Total shareholder yield reaches 4.08, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Reece Limited shareholders.

Dividend Per Share0.18
Payout Ratio35.72
Shareholder Yield4.08

Stock Splits

Reece Limited's most recent stock split took place on April 7, 2020 with a 153:154 split ratio.

Last Split Date4/7/2020
Split Ratio153:154

Scores

As of June 30, 2026, Reece Limited has an Altman Z-Score of 4.37, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score4.37