Reece Ltd

  • IPO date:
  • Sector: Industrials
  • GIC Group: Capital Goods
  • Industry: Industrial Distribution
  • Company website

Company description

Reece Limited engages in the distribution of plumbing, waterworks, bathroom, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, the United States, and New Zealand. It also distributes irrigation and pools, and kitchen products. The company serves customers in the trade, retail, commercial, and infrastructure markets. The company was formerly known as Reece Australia Limited and changed its name to Reece Limited in November 2015. Reece Limited was founded in 1919 and is based in Cremorne, Australia.

Financial highlights

Market Capitalization$11970.0869 million
P/E Ratio31.13
P/E Growth Ratio0
Book Value5.612
Dividend Per Share0.25
Earnings Per Share0.6
EBITDA826,054.016
Profit Margin0.0439
Operating Margin TTM0.0768
Return on Assets TTM0.0627
Return on Equity TTM0.1116
Revenue TTM8,839,572.48

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
1989-06-30 191,800 2,318
1990-06-30 212,700 2,814
1991-06-30 185,028 3,240
1992-06-30 179,463.008 3,335
1993-06-30 187,472 3,372
1994-06-30 220,032.992 3,800
1995-06-30 272,505.984 4,334
1996-06-30 268,503.04 4,935.766
1997-06-30 321,270.016 8,395
1998-06-30 6,710
1999-06-30
2000-06-30 593,643
2001-06-30 529,660 394,684 134,976 100,764
2002-06-30 636,711 476,262 160,449 109,718
2003-06-30 740,236 548,597 191,639 136,121
2004-06-30 871,814 638,142 233,672 167,677
2005-06-30 1,009,640 735,515 274,125 178,487
2006-06-30 1,113,427 23,120 1,090,307 967,854
2007-06-30 1,308,703 926,915 381,788 232,517
2008-06-30 1,437,426 974,270 463,156 298,975
2009-06-30 1,507,479 1,049,698 457,781 309,581
2010-06-30 1,503,487 1,034,031 469,456 310,363
2011-06-30 1,563,634 1,071,144 492,490 322,715
2012-06-30 1,518,507 1,034,264 484,243 326,532
2013-06-30 1,534,878 1,042,437 492,441 334,818
2014-06-30 1,775,876 1,209,783 566,093 380,607
2015-06-30 2,085,128 1,397,488 687,640 452,110
2016-06-30 2,276,353 1,517,443 758,910 474,952
2017-06-30 2,429,307 1,619,208 810,099 502,802
2018-06-30 2,688,576 1,799,481 889,095 567,399
2019-06-30 5,463,787 3,926,427 1,537,360 1,160,490
2020-06-30 6,009,878 4,338,667 1,671,211 1,261,837
2021-06-30 6,270,706 4,509,176 1,761,530 1,279,888
2022-06-30 7,654,047 5,515,083 2,138,964 1,850,353
2023-06-30 8,839,572 6,332,859 2,506,713 2,135,306

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
1989-06-30 33 110,934 53,338 9,960
1990-06-30 3,092 116,919 47,977 9,960
1991-06-30 4,036 107,650 32,413 9,960
1992-06-30 15,598 116,212 35,618 9,960
1993-06-30 19,338 123,756 37,236 9,960
1994-06-30 20,110 142,306 47,503 9,960
1995-06-30 15,051 158,229 54,345 9,960
1996-06-30 20,052.87 160,425.934 48,791.219 9,960
1997-06-30 20,996 194,772 75,194 9,960
1998-06-30 11,527 214,149 84,269 18,034 9,960
1999-06-30 23,819 246,427 100,070 18,340 9,960
2000-06-30 46,470 298,520 138,274 306 9,960
2001-06-30 34,885 295,574 118,462 9,960
2002-06-30 43,678 352,316 149,676 9,960
2003-06-30 45,072 389,231 147,321 9,960
2004-06-30 45,710 456,224 175,197 9,960
2005-06-30 45,976 515,676 190,206 9,960
2006-06-30 53,665 605,130 229,127 3,208 9,960
2007-06-30 23,648 667,617 234,748 5,215 9,960
2008-06-30 38,505 781,441 290,444 31,767 9,960
2009-06-30 54,546 838,613 305,358 47,790 9,960
2010-06-30 122,631 887,102 292,231 8,960 9,960
2011-06-30 134,186 958,017 303,700 8,302 9,960
2012-06-30 166,758 1,008,866 301,919 9,018 9,960
2013-06-30 156,232 1,076,754 310,922 8,889 9,960
2014-06-30 73,762 1,376,784 549,816 29,777 175,000 9,960
2015-06-30 85,021 1,460,599 534,387 20,116 155,000 9,960
2016-06-30 105,123 1,591,354 550,328 20,000 125,000 9,960
2017-06-30 101,805 1,687,946 529,645 100,000 100,000 9,960
2018-06-30 539,891 2,324,247 443,409 0 0 604,349
2019-06-30 127,707 4,474,110 2,482,530 16,256 1,593,041 604,849
2020-06-30 1,004,708 6,343,885 3,593,999 99,949 1,747,219 1,246,918
2021-06-30 828,966 6,118,069 3,229,960 112,377 1,319,173 1,246,918
2022-06-30 220,483 6,607,574 3,286,705 118,644 1,090,088 1,246,918
2023-06-30 372,706 6,924,286 3,298,862 131,360 1,097,490 1,246,918

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
1989-06-30 13,491
1990-06-30 14,334 2,473
1991-06-30 8,288 1,248 2,473 3,721 2,988
1992-06-30 7,349 11,668 3,721 15,389 1,992
1993-06-30 7,917 3,876 15,389 19,265 1,992
1994-06-30 11,072 260 19,265 19,525 1,992
1995-06-30 11,597 -4,741 19,525 14,784 2,789
1996-06-30 10,738.439 4,929.341 14,783.285 19,712.626 2,988
1997-06-30 11,927 303 19,713 20,016 2,988
1998-06-30 17,274 9,446 20,016 29,462 3,984
1999-06-30 27,433 12,357 29,462 41,819 10,458
2000-06-30 38,789 44,818 4,651 41,819 46,470 22,410
2001-06-30 28,220 18,826 -11,585 46,470 34,885 14,940
2002-06-30 42,460 35,933 8,793 34,885 43,678 12,350
2003-06-30 46,740 41,965 1,394 43,678 45,072 18,426
2004-06-30 61,528 47,675 638 45,072 45,710 22,410
2005-06-30 75,319 61,829 266 45,710 45,976 30,876
2006-06-30 86,859 90,624 7,689 45,976 53,665 39,840
2007-06-30 103,493 67,311 -30,017 53,665 23,648 46,812
2008-06-30 113,567 121,315 14,857 23,648 38,505 54,780
2009-06-30 96,732 113,256 16,041 38,505 54,546 54,780
2010-06-30 114,261 190,024 68,085 54,546 122,631 52,788
2011-06-30 118,611 135,832 11,555 122,631 134,186 58,764
2012-06-30 113,280 156,553 32,572 134,186 166,758 60,756
2013-06-30 119,131 139,762 -10,526 166,758 156,232 60,756
2014-06-30 123,025 145,723 -82,470 156,232 73,762 62,748
2015-06-30 165,556 166,246 11,259 73,762 85,021 65,736
2016-06-30 192,218 190,342 20,102 85,021 105,123 78,684
2017-06-30 211,791 214,809 -3,318 105,123 101,805 93,624
2018-06-30 224,620 180,925 438,086 101,805 539,891 100,596
2019-06-30 202,100 254,466 -412,184 539,891 127,707 113,566
2020-06-30 228,999 600,962 877,001 127,707 1,004,708 -113,566
2021-06-30 285,595 371,636 -175,742 1,004,708 828,966 -77,518
2022-06-30 392,487 650,718 -608,483 828,966 220,483 -125,966
2023-06-30 387,607 766,382 152,223 220,483 372,706 -148,577