Reece Limited

ASX:REH Stock Report

Market Cap: AU$14.9b

Reece Management

Management criteria checks 2/4

Reece's CEO is Peter Wilson, appointed in Jan 2008, has a tenure of 16.92 years. total yearly compensation is A$8.66M, comprised of 28.3% salary and 71.7% bonuses, including company stock and options. directly owns 18.91% of the company’s shares, worth A$2.81B. The average tenure of the management team and the board of directors is 2.3 years and 7.8 years respectively.

Key information

Peter Wilson

Chief executive officer

AU$8.7m

Total compensation

CEO salary percentage28.3%
CEO tenure16.9yrs
CEO ownership18.9%
Management average tenure2.3yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

These 4 Measures Indicate That Reece (ASX:REH) Is Using Debt Reasonably Well

Dec 18
These 4 Measures Indicate That Reece (ASX:REH) Is Using Debt Reasonably Well

Returns At Reece (ASX:REH) Appear To Be Weighed Down

Nov 22
Returns At Reece (ASX:REH) Appear To Be Weighed Down

Is Reece Limited (ASX:REH) Expensive For A Reason? A Look At Its Intrinsic Value

Nov 11
Is Reece Limited (ASX:REH) Expensive For A Reason? A Look At Its Intrinsic Value

Some Confidence Is Lacking In Reece Limited's (ASX:REH) P/E

Oct 19
Some Confidence Is Lacking In Reece Limited's (ASX:REH) P/E

Here's Why We Think Reece (ASX:REH) Is Well Worth Watching

Sep 25
Here's Why We Think Reece (ASX:REH) Is Well Worth Watching

Is Reece (ASX:REH) A Risky Investment?

Sep 01
Is Reece (ASX:REH) A Risky Investment?

Reece (ASX:REH) Is Experiencing Growth In Returns On Capital

Aug 15
Reece (ASX:REH) Is Experiencing Growth In Returns On Capital

Why Reece Limited (ASX:REH) Could Be Worth Watching

Jul 17
Why Reece Limited (ASX:REH) Could Be Worth Watching

Earnings Not Telling The Story For Reece Limited (ASX:REH)

Jul 04
Earnings Not Telling The Story For Reece Limited (ASX:REH)

Reece Limited's (ASX:REH) Intrinsic Value Is Potentially 26% Below Its Share Price

Jun 19
Reece Limited's (ASX:REH) Intrinsic Value Is Potentially 26% Below Its Share Price

Reece (ASX:REH) Is Doing The Right Things To Multiply Its Share Price

May 08
Reece (ASX:REH) Is Doing The Right Things To Multiply Its Share Price

Is Reece (ASX:REH) A Risky Investment?

Apr 11
Is Reece (ASX:REH) A Risky Investment?

Is Now An Opportune Moment To Examine Reece Limited (ASX:REH)?

Mar 27
Is Now An Opportune Moment To Examine Reece Limited (ASX:REH)?

There's Reason For Concern Over Reece Limited's (ASX:REH) Massive 27% Price Jump

Feb 27
There's Reason For Concern Over Reece Limited's (ASX:REH) Massive 27% Price Jump

Are Reece Limited (ASX:REH) Investors Paying Above The Intrinsic Value?

Feb 17
Are Reece Limited (ASX:REH) Investors Paying Above The Intrinsic Value?

CEO Compensation Analysis

How has Peter Wilson's remuneration changed compared to Reece's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$9mAU$2m

AU$419m

Mar 31 2024n/an/a

AU$422m

Dec 31 2023n/an/a

AU$425m

Sep 30 2023n/an/a

AU$406m

Jun 30 2023AU$7mAU$2m

AU$388m

Mar 31 2023n/an/a

AU$404m

Dec 31 2022n/an/a

AU$421m

Sep 30 2022n/an/a

AU$407m

Jun 30 2022AU$6mAU$2m

AU$392m

Mar 31 2022n/an/a

AU$356m

Dec 31 2021n/an/a

AU$320m

Sep 30 2021n/an/a

AU$303m

Jun 30 2021AU$5mAU$2m

AU$286m

Mar 31 2021n/an/a

AU$266m

Dec 31 2020n/an/a

AU$247m

Sep 30 2020n/an/a

AU$238m

Jun 30 2020AU$5mAU$2m

AU$229m

Mar 31 2020n/an/a

AU$230m

Dec 31 2019n/an/a

AU$230m

Sep 30 2019n/an/a

AU$216m

Jun 30 2019AU$5mAU$2m

AU$202m

Mar 31 2019n/an/a

AU$199m

Dec 31 2018n/an/a

AU$196m

Sep 30 2018n/an/a

AU$210m

Jun 30 2018AU$5mAU$2m

AU$225m

Compensation vs Market: Peter's total compensation ($USD5.40M) is above average for companies of similar size in the Australian market ($USD2.64M).

Compensation vs Earnings: Peter's compensation has increased by more than 20% in the past year.

CEO

Peter Wilson (56 yo)

16.9yrs

Tenure

AU$8,657,000

Compensation

Mr. Peter J. Wilson, B.Comm (Melb), FAIM, had been Managing Director of Reece Limited (formerly known as Reece Australia Limited) since January 1, 2008 until July 1, 2024 and serves as its Chief Executive...

Leadership Team

NamePositionTenureCompensationOwnership
Peter Wilson
CEO & Deputy Executive Chair16.9yrsAU$8.66m18.91%
A$ 2.8b
Sasha Nikolic
MD, Group President & Executive Directorless than a yearAU$4.18m0.0041%
A$ 613.4k
Andrew Young
Chief Financial Officer1.2yrsAU$1.58mno data
Leslie Wilson
Executive Director2.3yrsAU$748.00k15.39%
A$ 2.3b
Claude A. Hornsby
Executive Chair of United Statesno dataAU$1.95mno data
Chantelle Duffy
Company Secretary4.4yrsno datano data

2.3yrs

Average Tenure

68yo

Average Age

Experienced Management: REH's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Peter Wilson
CEO & Deputy Executive Chair27.9yrsAU$8.66m18.91%
A$ 2.8b
Sasha Nikolic
MD, Group President & Executive Directorno dataAU$4.18m0.0041%
A$ 613.4k
Leslie Wilson
Executive Director55.9yrsAU$748.00k15.39%
A$ 2.3b
Timothy Poole
Independent Acting Chairman8.4yrsAU$525.00k0.0025%
A$ 365.3k
Ross McEwan
Lead Independent Directorless than a yearno datano data
Angela Mentis
Independent Non-Executive Directorless than a yearno datano data
Megan Quinn
Independent Non Executive Director7.3yrsAU$215.00kno data
Bruce Wilson
Non-Executive Director8.3yrsAU$90.00k0.017%
A$ 2.5m
Andrew Wilson
Non-Executive Director6.3yrsAU$90.00k0.024%
A$ 3.6m

7.8yrs

Average Tenure

56yo

Average Age

Experienced Board: REH's board of directors are considered experienced (7.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 00:37
End of Day Share Price 2024/12/30 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Reece Limited is covered by 18 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Brook Campbell-CrawfordBarrenjoey Markets Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited