Reece Limited

Reece Limited

REECF
Reece LimitedUS flagOther OTC
9.80
USD
- -
- -
6.03BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
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
Basic EPS, GAAP
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
Free Cash Flow per Basic Share
-0.18
-0.13
-0.13
-0.13
-0.19
-0.17
-0.19
-0.19
-0.11
-0.31
-0.27
-0.4
-0.4
Dividend per Share
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
Book Value per Share
1.5
1.62
1.82
2.04
2.28
3.7
3.48
4.74
4.53
4.94
5.32
5.72
5.98
Tangible Book Value per Share
1.5
1.21
1.41
1.66
1.88
3.27
0.39
1.36
1.71
2.19
2.48
0.8
3.15
Basic Weighted Avg Shares
507
507
507
507
507
507
564
574
646
646
646
645
644
Sales/Revenue/Turnover
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
Operating Margin (%)
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
Depreciation Expense
37
42
44
47
50
54
128
232
228
258
290
325
352
Net Income, GAAP
119
123
166
192
212
225
202
229
286
392
388
419
317
Effective Tax Rate (%)
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
Profit Margin (%)
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
Working Capital
322
313
382
438
495
1,053
1,168
1,828
1,753
1,663
1,798
3,115
1,758
LT Debt
- -
175
155
125
100
- -
1,593
2,381
1,893
1,784
1,830
1,696
1,822
Total Equity
766
827
926
1,041
1,158
1,881
1,992
2,750
2,888
3,321
3,625
4,072
4,045
Return on Invested Capital (%)
14.44
13.98
15.2
16.83
17.31
14.3
9.34
6.77
7.1
4.37
4.67
4.3
2.28
Return on Capital (%)
16.07
13.99
16.18
17.33
17.73
14.59
9.51
6.72
7.05
8.55
8.1
8.87
6.34
Return on Common Equity (%)
16.24
15.52
18.97
19.62
19.33
14.84
10.54
9.78
10.11
12.82
11.7
11.77
8.4

Capital Structure

FRC

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

Working Capital

FRC

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

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.09%
8.17%
-0.67%
Free Cash Flow
23.8%
35.05%
0.16%
Net Income, GAAP
8.03%
8.93%
-24.39%
Sales/Revenue/Turnover
18.33%
8.7%
-1.39%
Total Cash Common Dividend
- -
10.88%
-3%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
8,840
2024
- -
- -
- -
- -
9,105
2025
- -
- -
- -
- -
8,978

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.6
2024
- -
- -
- -
- -
0.65
2025
- -
- -
- -
- -
0.49

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.23
2024
- -
- -
- -
- -
0.25
2025
- -
- -
- -
- -
0.24

Company Description

MCPAPIChat
CEO
Peter J. Wilson
Full Time Employees
18,000
Sector
Industrials
Industry
Industrial - Distribution
Address
57 Balmain Street Cremorne VIC Australia 3121
IPO Date
Aug 23, 2023
Business
Reece Limited (ASX: REH; OTC: REECF) distributes plumbing, waterworks, heating, ventilation, air-conditioning, and refrigeration (HVAC-R) products to commercial, residential, infrastructure, and trade customers. The company offers an extensive portfolio including bathroom and kitchen fixtures, pipes and fittings, valves, irrigation and pool supplies, fire protection equipment, and exclusive brands through specialized business units such as plumbing, civil/waterworks, Actrol for HVAC-R, and plumbing merchant operations; it also provides digital tools like the maX app for ordering and business management, same-day delivery services via automated route systems, and technical support through training centers and interactive displays. Reece operates over 900 branches and 12 distribution centers, serving markets in Australia, New Zealand, and the United States, with a focus on the Sun Belt region in the US. Founded in 1920 and headquartered at 57 Balmain Street in Cremorne, Victoria, Australia, Reece employs approximately 9,000 people and supports industries including building, civil infrastructure, pools, and fire protection. In fiscal year 2025 (ended June 30, 2025), Reece completed three bolt-on acquisitions, expanded its branch network by 39 locations, streamlined corporate costs for improved efficiency, and announced an off-market share buyback of A$250 million priced between A$11 and A$13 per share to enhance shareholder value amid challenging housing markets and competition; these initiatives reflect ongoing investments in network growth, technology, and operational resilience despite a 1% decline in group sales revenue to $9.0 billion and 20% drop in EBIT to $548 million.

Company News

MCPAPIChat
  • Reece Limited (REECF) Shareholder/Analyst Call Transcript