Reliance Worldwide Past Earnings Performance
Past criteria checks 1/6
Reliance Worldwide's earnings have been declining at an average annual rate of -2.5%, while the Building industry saw earnings growing at 4.3% annually. Revenues have been growing at an average rate of 6.1% per year. Reliance Worldwide's return on equity is 7.4%, and it has net margins of 7.9%.
Key information
-2.51%
Earnings growth rate
-2.39%
EPS growth rate
| Building Industry Growth | 15.05% |
| Revenue growth rate | 6.14% |
| Return on equity | 7.35% |
| Net Margin | 7.91% |
| Next Earnings Update | 18 Aug 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 07
RWC: Product Expansion And Buybacks Will Support Future Upside
Analysts have trimmed their price target for Reliance Worldwide by A$0.02, reflecting slightly higher discount rate assumptions, a modest adjustment to expected revenue growth, and a marginally higher profit margin and future P/E outlook. What's in the News Reliance Worldwide announced the launch of SharkBite PEX Press Fittings, adding an integrated stainless-steel sleeve system designed for use with PEX-a and PEX-b pipe, and tested beyond industry standards.Narrative Update • May 02
RWC: Share Buybacks And US Expansion Will Support Future Upside
Analysts have reduced their fair value estimate for Reliance Worldwide from A$4.31 to A$4.23, reflecting slightly revised assumptions for the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Reliance Worldwide launched SharkBite PEX Press fittings, adding press connections with integrated stainless steel sleeves to its PEX-a and PEX-b offering and rounding out a full system of push, press, expansion, crimp and clamp options under the SharkBite brand (company announcement).Narrative Update • Apr 16
RWC: Expanded Buyback And US Capacity Investments Will Support Future Upside
Analysts have trimmed their price target for Reliance Worldwide to A$4.31 from A$4.32, citing updates to discount rate assumptions, revenue growth expectations, profit margin outlook, and future P/E inputs. What's in the News Launched SharkBite PEX Press fittings, adding press connections with integrated stainless steel sleeves to the SharkBite PEX system and expanding the range of fittings, valves, and accessories across push, press, expansion, crimp, and clamp connections (product-related announcement).Narrative Update • Apr 01
RWC: Expanded Buyback Program Will Support Future Upside Potential
Analysts have trimmed their price target for Reliance Worldwide by A$0.01 to A$4.31. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations.Narrative Update • Mar 18
RWC: Expanded Buyback Authority Will Support Future Upside Potential
Analysts have inched up their fair value estimate for Reliance Worldwide to A$4.32 from A$4.28, reflecting updated assumptions around revenue growth, profit margins and the future P/E multiple. What's in the News The board authorizes a share repurchase program with plans to buy back up to A$15.3 million of shares, valid until 26 February 2027, with 766,432,961 shares on issue at the time of approval on 17 February 2026 (Key Developments).
New Narrative • Mar 05
Tariff And Copper Pressures Will Persist But Long Term Housing Demand Will Support Progress
Catalysts About Reliance Worldwide Reliance Worldwide supplies plumbing and water control products across repair and remodel, new residential construction and commercial projects in key regions including the Americas, EMEA and Asia Pacific. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 04
RWC: Share Buyback And New Facilities Will Support Future Upside Potential
Analysts have slightly trimmed their price target for Reliance Worldwide to reflect a small adjustment in fair value and P/E assumptions, while also acknowledging modestly stronger profit margin expectations and a softer revenue growth outlook. What's in the News Opened a new Dallas Distribution Center in Mesquite, Texas, adding capacity and flexibility intended to improve service consistency, speed, and efficiency for customers (Business Expansions).
New Narrative • Feb 19
Tariff Mitigation And Manufacturing Shift Will Support Stronger Long Term Earnings Resilience
Catalysts About Reliance Worldwide Reliance Worldwide designs and manufactures plumbing and water control products for residential and commercial buildings across the Americas, APAC and EMEA. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 18
RWC: Share Buyback And Dividend Policy Will Support Future Upside Potential
Analysts have reduced their price target for Reliance Worldwide by around A$0.54, reflecting updated assumptions that include a slightly higher discount rate, a modest adjustment to profit margins and a small change in the future P/E multiple. What's in the News The board authorized a share buyback plan on 17 February 2026, indicating approval for the company to repurchase its own shares over time (company announcement).Analysis Article • Nov 24
Reliance Worldwide Corporation Limited (ASX:RWC) Shares Could Be 38% Below Their Intrinsic Value Estimate
Key Insights The projected fair value for Reliance Worldwide is AU$6.63 based on 2 Stage Free Cash Flow to Equity...Analysis Article • Nov 05
Should You Investigate Reliance Worldwide Corporation Limited (ASX:RWC) At AU$3.96?
Reliance Worldwide Corporation Limited ( ASX:RWC ), is not the largest company out there, but it received a lot of...Analysis Article • Oct 24
Lacklustre Performance Is Driving Reliance Worldwide Corporation Limited's (ASX:RWC) Low P/E
Reliance Worldwide Corporation Limited's ( ASX:RWC ) price-to-earnings (or "P/E") ratio of 16.5x might make it look...Analysis Article • Sep 04
Here's What To Make Of Reliance Worldwide's (ASX:RWC) Decelerating Rates Of Return
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Analysis Article • Aug 20
Reliance Worldwide (ASX:RWC) Seems To Use Debt Quite Sensibly
ASX:RWC 1 Year Share Price vs Fair Value Explore Reliance Worldwide's Fair Values from the Community and select yours...Narrative Update • Aug 20
Integration With Holman And SharkBite Rollout To Unlock Future Opportunities
The consensus price target for Reliance Worldwide has been lowered to A$4.86, primarily reflecting reduced revenue growth forecasts and a substantial rise in its forward P/E multiple. What's in the News Board authorized a share buyback plan.Analysis Article • Jul 23
Getting In Cheap On Reliance Worldwide Corporation Limited (ASX:RWC) Might Be Difficult
There wouldn't be many who think Reliance Worldwide Corporation Limited's ( ASX:RWC ) price-to-earnings (or "P/E...Analysis Article • Jun 18
Is Now An Opportune Moment To Examine Reliance Worldwide Corporation Limited (ASX:RWC)?
Reliance Worldwide Corporation Limited ( ASX:RWC ), is not the largest company out there, but it saw a double-digit...Analysis Article • May 22
Are Investors Undervaluing Reliance Worldwide Corporation Limited (ASX:RWC) By 27%?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Reliance Worldwide fair value estimate is AU$6.11 Reliance...Analysis Article • Apr 28
Is Reliance Worldwide (ASX:RWC) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Mar 31
Slowing Rates Of Return At Reliance Worldwide (ASX:RWC) Leave Little Room For Excitement
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...Analysis Article • Mar 16
Investors Still Waiting For A Pull Back In Reliance Worldwide Corporation Limited (ASX:RWC)
With a median price-to-earnings (or "P/E") ratio of close to 18x in Australia, you could be forgiven for feeling...Analysis Article • Feb 26
Reliance Worldwide's (ASX:RWC) Upcoming Dividend Will Be Larger Than Last Year's
Reliance Worldwide Corporation Limited ( ASX:RWC ) has announced that it will be increasing its dividend from last...
New Narrative • Feb 20
Integration With Holman And SharkBite Rollout To Unlock Future Opportunities
Successful integration and supply chain improvements aim to boost revenue, margins, and operational efficiency.Analysis Article • Jan 16
Is It Time To Consider Buying Reliance Worldwide Corporation Limited (ASX:RWC)?
Reliance Worldwide Corporation Limited ( ASX:RWC ), is not the largest company out there, but it received a lot of...Analysis Article • Dec 27
Reliance Worldwide Corporation Limited (ASX:RWC) Shares Could Be 27% Below Their Intrinsic Value Estimate
Key Insights Reliance Worldwide's estimated fair value is AU$7.06 based on 2 Stage Free Cash Flow to Equity Reliance...Analysis Article • Dec 11
Here's Why Reliance Worldwide (ASX:RWC) Can Manage Its Debt Responsibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Nov 28
Reliance Worldwide (ASX:RWC) Has Some Way To Go To Become A Multi-Bagger
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Analysis Article • Oct 29
What You Can Learn From Reliance Worldwide Corporation Limited's (ASX:RWC) P/E
When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") below 19x, you may consider...Analysis Article • Sep 11
Here's Why Reliance Worldwide (ASX:RWC) Can Manage Its Debt Responsibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Aug 24
Reliance Worldwide (ASX:RWC) Has Announced A Dividend Of $0.0378
Reliance Worldwide Corporation Limited's ( ASX:RWC ) investors are due to receive a payment of $0.0378 per share on 4th...Analysis Article • Jul 23
Reliance Worldwide (ASX:RWC) Is Doing The Right Things To Multiply Its Share Price
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Analysis Article • Jul 05
Is Reliance Worldwide Corporation Limited (ASX:RWC) Potentially Undervalued?
Reliance Worldwide Corporation Limited ( ASX:RWC ), is not the largest company out there, but it saw significant share...Analysis Article • Jun 06
Reliance Worldwide Corporation Limited's (ASX:RWC) P/E Is On The Mark
With a median price-to-earnings (or "P/E") ratio of close to 19x in Australia, you could be forgiven for feeling...Analysis Article • May 21
Is There An Opportunity With Reliance Worldwide Corporation Limited's (ASX:RWC) 38% Undervaluation?
Key Insights The projected fair value for Reliance Worldwide is AU$7.85 based on 2 Stage Free Cash Flow to Equity...Analysis Article • Apr 06
Returns On Capital Are Showing Encouraging Signs At Reliance Worldwide (ASX:RWC)
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Analysis Article • Mar 23
Should You Investigate Reliance Worldwide Corporation Limited (ASX:RWC) At AU$5.77?
Reliance Worldwide Corporation Limited ( ASX:RWC ), might not be a large cap stock, but it received a lot of attention...Analysis Article • Mar 09
We Think Reliance Worldwide (ASX:RWC) Can Stay On Top Of Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Feb 24
Investors Appear Satisfied With Reliance Worldwide Corporation Limited's (ASX:RWC) Prospects As Shares Rocket 26%
Reliance Worldwide Corporation Limited ( ASX:RWC ) shares have continued their recent momentum with a 26% gain in the...Analysis Article • Feb 21
Reliance Worldwide (ASX:RWC) Has Announced That Its Dividend Will Be Reduced To $0.0346
Reliance Worldwide Corporation Limited's ( ASX:RWC ) dividend is being reduced from last year's payment covering the...Analysis Article • Jan 03
Reliance Worldwide Corporation Limited (ASX:RWC) Looks Inexpensive But Perhaps Not Attractive Enough
When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") above 19x, you may consider...Analysis Article • Dec 14
We Like These Underlying Return On Capital Trends At Reliance Worldwide (ASX:RWC)
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Analysis Article • Nov 29
Is Reliance Worldwide Corporation Limited (ASX:RWC) Potentially Undervalued?
Reliance Worldwide Corporation Limited ( ASX:RWC ), is not the largest company out there, but it saw significant share...Analysis Article • Nov 02
Reliance Worldwide Corporation Limited's (ASX:RWC) Intrinsic Value Is Potentially 67% Above Its Share Price
Key Insights Reliance Worldwide's estimated fair value is AU$6.02 based on 2 Stage Free Cash Flow to Equity Reliance...Analysis Article • Sep 28
These 4 Measures Indicate That Reliance Worldwide (ASX:RWC) Is Using Debt Reasonably Well
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Sep 12
Returns At Reliance Worldwide (ASX:RWC) Are On The Way Up
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Analysis Article • Aug 28
Reliance Worldwide (ASX:RWC) Will Pay A Dividend Of $0.0775
Reliance Worldwide Corporation Limited ( ASX:RWC ) will pay a dividend of $0.0775 on the 6th of October. This makes the...Analysis Article • Aug 09
At AU$4.32, Is Reliance Worldwide Corporation Limited (ASX:RWC) Worth Looking At Closely?
While Reliance Worldwide Corporation Limited ( ASX:RWC ) might not be the most widely known stock at the moment, it saw...Analysis Article • Jun 15
Calculating The Intrinsic Value Of Reliance Worldwide Corporation Limited (ASX:RWC)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Reliance Worldwide fair value estimate is AU$3.88 With AU$4.08...Analysis Article • Jun 01
These 4 Measures Indicate That Reliance Worldwide (ASX:RWC) Is Using Debt Reasonably Well
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Apr 13
Reliance Worldwide (ASX:RWC) Might Be Having Difficulty Using Its Capital Effectively
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...Analysis Article • Mar 28
At AU$3.53, Is It Time To Put Reliance Worldwide Corporation Limited (ASX:RWC) On Your Watch List?
Reliance Worldwide Corporation Limited ( ASX:RWC ), might not be a large cap stock, but it saw a significant share...Analysis Article • Mar 13
Reliance Worldwide Corporation Limited's (ASX:RWC) Intrinsic Value Is Potentially 36% Above Its Share Price
Key Insights Using the 2 Stage Free Cash Flow to Equity, Reliance Worldwide fair value estimate is AU$4.63 Current...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Reliance Worldwide makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 25 | 1,284 | 102 | 286 | 14 |
| 30 Sep 25 | 1,299 | 113 | 288 | 13 |
| 30 Jun 25 | 1,315 | 125 | 290 | 13 |
| 31 Mar 25 | 1,324 | 126 | 293 | 13 |
| 31 Dec 24 | 1,333 | 126 | 297 | 13 |
| 30 Sep 24 | 1,289 | 118 | 287 | 13 |
| 30 Jun 24 | 1,246 | 110 | 277 | 13 |
| 31 Mar 24 | 1,239 | 117 | 271 | 13 |
| 31 Dec 23 | 1,232 | 124 | 265 | 13 |
| 30 Sep 23 | 1,238 | 132 | 262 | 12 |
| 30 Jun 23 | 1,244 | 140 | 258 | 12 |
| 31 Mar 23 | 1,248 | 140 | 256 | 11 |
| 31 Dec 22 | 1,252 | 140 | 255 | 11 |
| 30 Sep 22 | 1,212 | 139 | 248 | 11 |
| 30 Jun 22 | 1,172 | 137 | 242 | 11 |
| 31 Mar 22 | 1,116 | 138 | 232 | 12 |
| 31 Dec 21 | 1,059 | 139 | 223 | 12 |
| 30 Sep 21 | 1,030 | 140 | 215 | 12 |
| 30 Jun 21 | 1,002 | 141 | 208 | 12 |
| 31 Mar 21 | 959 | 118 | 207 | 14 |
| 31 Dec 20 | 922 | 96 | 208 | 16 |
| 30 Sep 20 | 861 | 79 | 199 | 17 |
| 30 Jun 20 | 802 | 62 | 190 | 18 |
| 31 Mar 20 | 705 | 64 | 164 | 15 |
| 31 Dec 19 | 792 | 82 | 181 | 16 |
| 30 Sep 19 | 754 | 85 | 173 | 14 |
| 30 Jun 19 | 775 | 93 | 178 | 13 |
| 31 Mar 19 | 730 | 79 | 177 | 13 |
| 31 Dec 18 | 670 | 64 | 172 | 13 |
| 30 Sep 18 | 622 | 56 | 159 | 13 |
| 30 Jun 18 | 569 | 49 | 145 | 13 |
| 31 Mar 18 | 557 | 53 | 135 | 12 |
| 31 Dec 17 | 532 | 56 | 122 | 11 |
| 30 Sep 17 | 503 | 54 | 116 | 10 |
| 30 Jun 17 | 462 | 50 | 107 | 9 |
| 31 Dec 16 | 221 | 1 | 54 | 5 |
| 30 Sep 16 | 230 | -2 | 55 | 5 |
| 30 Jun 16 | 220 | -4 | 52 | 4 |
| 31 Dec 15 | 377 | 38 | 81 | 7 |
| 30 Sep 15 | 341 | 34 | 75 | 6 |
| 30 Jun 15 | 348 | 33 | 79 | 6 |
Quality Earnings: RWC has high quality earnings.
Growing Profit Margin: RWC's current net profit margins (7.9%) are lower than last year (9.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RWC's earnings have declined by 2.5% per year over the past 5 years.
Accelerating Growth: RWC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RWC had negative earnings growth (-19.6%) over the past year, making it difficult to compare to the Building industry average (1.4%).
Return on Equity
High ROE: RWC's Return on Equity (7.4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/11 14:31 |
| End of Day Share Price | 2026/06/11 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Reliance Worldwide Corporation Limited is covered by 25 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |
| Brook Campbell-Crawford | Barrenjoey Markets Pty Limited |
| Benjamin Brayshaw | Barrenjoey Markets Pty Limited |