Reece Statistics

Total Valuation

Reece has a market cap or net worth of 16.26 billion. The enterprise value is 17.75 billion.

Market Cap	16.26B
Enterprise Value	17.75B

Important Dates

The next estimated earnings date is Wednesday, August 21, 2024.

Earnings Date	Aug 21, 2024
Ex-Dividend Date	Mar 27, 2024

Share Statistics

Reece has 645.98 million shares outstanding.

Shares Outstanding	645.98M
Shares Change (YoY)	n/a
Shares Change (QoQ)	n/a
Owned by Insiders (%)	58.63%
Owned by Institutions (%)	15.24%
Float	201.80M

Valuation Ratios

The trailing PE ratio is 38.14 and the forward PE ratio is 45.66.

PE Ratio	38.14
Forward PE	45.66
PS Ratio	1.82
Forward PS	n/a
PB Ratio	4.43
P/FCF Ratio	21.63
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.98, with an EV/FCF ratio of 23.62.

EV / Earnings	41.74
EV / Sales	1.98
EV / EBITDA	17.98
EV / EBIT	26.17
EV / FCF	23.62

Financial Position

The company has a current ratio of 2.34, with a Debt / Equity ratio of 0.50.

Current Ratio	2.34
Quick Ratio	1.22
Debt / Equity	0.50
Debt / EBITDA	1.85
Debt / FCF	2.43
Interest Coverage	14.75

Financial Efficiency

Return on equity (ROE) is 11.58% and return on invested capital (ROIC) is 8.73%.

Return on Equity (ROE)	11.58%
Return on Assets (ROA)	6.34%
Return on Capital (ROIC)	8.73%
Revenue Per Employee	994,395
Profits Per Employee	47,256
Employee Count	9,000
Asset Turnover	1.31
Inventory Turnover	7.08

Taxes

In the past 12 months, Reece has paid 175.57 million in taxes.

Income Tax	175.57M
Effective Tax Rate	29.22%

Stock Price Statistics

The stock price has increased by +36.13% in the last 52 weeks. The beta is 0.80, so Reece's price volatility has been lower than the market average.

Beta (5Y)	0.80
52-Week Price Change	+36.13%
50-Day Moving Average	26.36
200-Day Moving Average	23.13
Relative Strength Index (RSI)	41.23
Average Volume (20 Days)	472,717

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Reece had revenue of 8.95 billion and earned 425.31 million in profits. Earnings per share was 0.66.

Revenue	8.95B
Gross Profit	2.57B
Operating Income	678.43M
Pretax Income	600.87M
Net Income	425.31M
EBITDA	987.10M
EBIT	678.43M
Earnings Per Share (EPS)	0.66

Full Income Statement

Balance Sheet

The company has 336.70 million in cash and 1.83 billion in debt, giving a net cash position of -1.49 billion or -2.31 per share.

Cash & Cash Equivalents	336.70M
Total Debt	1.83B
Net Cash	-1.49B
Net Cash Per Share	-2.31
Equity (Book Value)	3.67B
Book Value Per Share	5.69
Working Capital	1.72B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 956.59 million and capital expenditures -204.95 million, giving a free cash flow of 751.64 million.

Operating Cash Flow	956.59M
Capital Expenditures	-204.95M
Free Cash Flow	751.64M
FCF Per Share	1.16

Full Cash Flow Statement

Margins

Gross margin is 28.76%, with operating and profit margins of 7.58% and 4.75%.

Gross Margin	28.76%
Operating Margin	7.58%
Pretax Margin	6.71%
Profit Margin	4.75%
EBITDA Margin	11.03%
EBIT Margin	7.58%
FCF Margin	8.40%

Dividends & Yields

This stock pays an annual dividend of 0.25, which amounts to a dividend yield of 0.99%.

Dividend Per Share	0.25
Dividend Yield	0.99%
Dividend Growth (YoY)	8.70%
Years of Dividend Growth	3
Payout Ratio	37.88%
Buyback Yield	n/a
Shareholder Yield	0.99%
Earnings Yield	2.62%
FCF Yield	4.62%

Dividend Details

Analyst Forecast

Price Target	21.03
Price Target Difference	-16.45%
Analyst Consensus	n/a
Analyst Count	n/a
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on December 18, 2017. It was a forward split with a ratio of 5:1.

Last Split Date	Dec 18, 2017
Split Type	Forward
Split Ratio	5:1