Reece Share Price and Company Fundamentals
Last traded: Today at 6:11 AM
Reece Limited engages in the distribution of plumbing, waterworks, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, New Zealand, and the United States. The company offers bathroom products, such as tapware and accessories, vanities and furniture, showers, toilets, basins, bathroom appliances, and baths and spas; kitchen and laundry products, including tapware, sinks and troughs, accessories, commercial kitchen and laundry tapware, and kitchen appliances; and heating and cooling products comprising heating and cooling units, ducted air conditioning, split system air conditioning, evaporative cooling, gas ducted heating, and multi split air conditioning. It also provides hot water systems; pool and spa care equipment; garden products, which include irrigation, landscape, garden lighting, and lawn care; and civil products, such as pipe and fittings, valves, sewer and drainage, electrical pipe and fittings, and water tanks. 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 1920 and is based in Cremorne, Australia.
Key Metrics
PE ratio
33.78
PB ratio
2.72
Dividend yield
1.14%
Beta
1.07
Market cap
$10.18B
Enterprise value
$12.01B
Company profile
| Industry / Sector | Industrial Distribution / Industrials |
|---|---|
| Full time employees | 9000 |
| Website | https://www.reece.com.au |
| Mailing address | 57 Balmain Street Cremorne VIC 3121 Australia |
| Phone / Fax | 61 3 9274 0000 / 61 3 9274 0197 |
Dividends
More: Reece Dividend history, yield and payout ratio
Dividend yield
1.14%
Dividend amount
$0.19
Payout ratio
34.95%
5Y Avg. yield
-%
Reece paid $0.19 dividend and the ex-dividend date was 06 Oct 2026.The dividend payout ratio is 34.95%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.REH dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Sep 2026, following are the company executives and directors listed on Reece.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Peter J. Wilson B.Comm (Melb), FAIM | Chairman & CEO | 57 | |
| Mr. Sasa Nikolic | MD, Group President & Executive Director | ||
| Mr. Andrew Young | Group Chief Financial Officer | ||
| Mr. Claude A. Swanson Hornsby III | Executive Chair of United States | 69 | |
| Ms. Chantelle Duffy | Company Secretary |
Profitability and management effectiveness
Profit margin
3.29%
Operating margin
5.63%
Return on assets
4.37%
Return on equity
7.91%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Reece is 10.18B and its enterprise value is 12.01B. The enterprise value to revenue ratio of REH is 1.28. The enterprise value to EBITDA ratio of REH is 17.19.
The REH's stocks Beta value is 1.07 making it 7% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Companies similar to Reece (REH)
- Austal (ASB)
- Cimic Group (CIM)
- Gwa Group (GWA)
- Monadelphous Group (MND)
- Nrw Holdings (NWH)
- Reliance Worldwide Corporation (RWC)
- Service Stream (SSM)
- Seven Group Holdings (SVW)
Reece (ASX:REH) Frequently Asked Questions
1. What is Reece's Stock Symbol?
Reece trades on ASX under the ticker symbol "REH".
2. What is Reece's stock price today?
One share of REH stock can currently be purchased for approximately $16.55.
3. How can I contact Reece?
Reece's mailing address is 57 Balmain Street Cremorne VIC 3121 Australia. The company can be reached via phone at 61 3 9274 0000.
4. What is Reece's official website?
The official website of Reece is https://www.reece.com.au.