Reece Limited

ASX:REH Stock Report

Market Cap: AU$10.1b

Reece Past Earnings Performance

Past criteria checks 2/6

Reece has been growing earnings at an average annual rate of 13%, while the Trade Distributors industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 10.9% per year. Reece's return on equity is 9.2%, and it has net margins of 4.2%.

Key information

12.98%

Earnings growth rate

11.10%

EPS growth rate

Trade Distributors Industry Growth25.70%
Revenue growth rate10.88%
Return on equity9.19%
Net Margin4.20%
Last Earnings Update31 Dec 2024

Recent past performance updates

Recent updates

The Returns At Reece (ASX:REH) Aren't Growing

May 12
The Returns At Reece (ASX:REH) Aren't Growing

Is Reece Limited (ASX:REH) Potentially Undervalued?

Apr 28
Is Reece Limited (ASX:REH) Potentially Undervalued?

Reece Limited (ASX:REH) Shares Could Be 41% Below Their Intrinsic Value Estimate

Apr 12
Reece Limited (ASX:REH) Shares Could Be 41% Below Their Intrinsic Value Estimate

Reece Limited's (ASX:REH) 27% Share Price Plunge Could Signal Some Risk

Mar 05
Reece Limited's (ASX:REH) 27% Share Price Plunge Could Signal Some Risk
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Expanding Networks And Digital Investments Will Boost Operational Excellence Amid Market Challenges

Expansion and network enhancement in the U.S. and ANZ, including new distribution centers, are expected to drive sales and streamline operations.

Do Reece's (ASX:REH) Earnings Warrant Your Attention?

Jan 31
Do Reece's (ASX:REH) Earnings Warrant Your Attention?

Subdued Growth No Barrier To Reece Limited's (ASX:REH) Price

Jan 19
Subdued Growth No Barrier To Reece Limited's (ASX:REH) Price

What Does Reece Limited's (ASX:REH) Share Price Indicate?

Jan 07
What Does Reece Limited's (ASX:REH) Share Price Indicate?

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

Revenue & Expenses Breakdown

How Reece makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ASX:REH Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 248,9703761,9670
30 Sep 249,0373981,9500
30 Jun 249,1054191,9320
31 Mar 249,0274221,9180
31 Dec 238,9504251,9030
30 Sep 238,8954061,8800
30 Jun 238,8403881,8570
31 Mar 238,6604041,8070
31 Dec 228,4814211,7580
30 Sep 228,0684071,6750
30 Jun 227,6543921,5920
31 Mar 227,2263561,6300
31 Dec 216,7973201,6690
30 Sep 216,5343031,4750
30 Jun 216,2712861,2810
31 Mar 216,1962669980
31 Dec 206,1222477160
30 Sep 206,0662387140
30 Jun 206,0102297120
31 Mar 205,8592306970
31 Dec 195,7072306820
30 Sep 195,5862166590
30 Jun 195,4642026360
31 Mar 194,7691995440
31 Dec 184,0741964530
30 Sep 183,3822103760
30 Jun 182,6892253000
31 Mar 182,6202233120
31 Dec 172,5512213230
30 Sep 172,4902173160
30 Jun 172,4292123080
31 Mar 172,3882053010
31 Dec 162,3461982950
30 Sep 162,3111952890
30 Jun 162,2761922840
31 Mar 162,2261842820
31 Dec 152,1761752810
30 Sep 152,1311702780
30 Jun 152,0851662750
31 Mar 152,0351552620
31 Dec 141,9851442490
30 Sep 141,8811332360
30 Jun 141,7761232240

Quality Earnings: REH has high quality earnings.

Growing Profit Margin: REH's current net profit margins (4.2%) are lower than last year (4.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: REH's earnings have grown by 13% per year over the past 5 years.

Accelerating Growth: REH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: REH had negative earnings growth (-11.5%) over the past year, making it difficult to compare to the Trade Distributors industry average (15.1%).

Return on Equity

High ROE: REH's Return on Equity (9.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/02 08:58
End of Day Share Price 2025/06/02 00:00
Earnings2024/12/31
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.

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

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