Reece Ltd
ASX:REH
Reece Ltd
Operating Expenses
Reece Ltd
Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Reece Ltd
ASX:REH
|
Operating Expenses
-AU$2B
|
CAGR 3-Years
-12%
|
CAGR 5-Years
-10%
|
CAGR 10-Years
-17%
|
|
|
Emeco Holdings Ltd
ASX:EHL
|
Operating Expenses
-AU$256.7m
|
CAGR 3-Years
-10%
|
CAGR 5-Years
-36%
|
CAGR 10-Years
-9%
|
|
|
Coventry Group Ltd
ASX:CYG
|
Operating Expenses
-AU$149.6m
|
CAGR 3-Years
-11%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
-6%
|
|
|
Acrow Formwork and Construction Services Ltd
ASX:ACF
|
Operating Expenses
-AU$142.5m
|
CAGR 3-Years
-31%
|
CAGR 5-Years
-32%
|
CAGR 10-Years
-74%
|
|
|
Seven Group Holdings Ltd
ASX:SVW
|
Operating Expenses
-AU$2.6B
|
CAGR 3-Years
-19%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
-12%
|
|
|
Hancock & Gore Ltd
ASX:HNG
|
Operating Expenses
-AU$4m
|
CAGR 3-Years
-11%
|
CAGR 5-Years
29%
|
CAGR 10-Years
17%
|
|
Reece Ltd
Glance View
Reece Ltd, a stalwart in the Australian plumbing and bathroom supplies space, has carved out its niche through an enduring commitment to quality and a vast network of supply channels. Founded in 1920 by Harold Joseph Reece, the company has meticulously grown from a small hardware store in Caulfield, Victoria, into a robust enterprise with a commanding presence across Australia and beyond. This growth story is deeply rooted in its resilient business model that hinges on tapping into the construction and home renovation boom by providing essential plumbing and bathroom products. By elegantly interweaving innovation with tradition, Reece has embraced digital transformation in its operations, offering an enriched online shopping experience that complements its extensive physical footprint. At the heart of Reece's success is its ability to anticipate and adapt to industry trends while maintaining strong relationships with tradespeople, builders, and DIY enthusiasts. It garners revenue by distributing high-quality local and international brands through its various channels, seamlessly integrating product sales with value-added services like expert advice and design consultation. Moreover, strategic acquisitions have bolstered its competitive edge, facilitating geographical expansion and enhancing product diversity. This multifaceted approach not only ensures a steady revenue flow but also cements Reece’s position as a preferred partner in the plumbing and construction industry, thriving amidst fluctuating economic cycles.
See Also
What is Reece Ltd's Operating Expenses?
Operating Expenses
-2B
AUD
Based on the financial report for Dec 31, 2024, Reece Ltd's Operating Expenses amounts to -2B AUD.
What is Reece Ltd's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
-17%
Over the last year, the Operating Expenses growth was -4%. The average annual Operating Expenses growth rates for Reece Ltd have been -12% over the past three years , -10% over the past five years , and -17% over the past ten years .
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