Reece Ltd
ASX:REH
Gross Margin
Reece Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| AU |
|
Reece Ltd
ASX:REH
|
10.2B AUD |
29%
|
|
| JP |
|
Mitsubishi Corp
TSE:8058
|
11.1T JPY |
11%
|
|
| IN |
A
|
A-1 Acid Ltd
BSE:542012
|
6T INR |
13%
|
|
| JP |
|
Itochu Corp
TSE:8001
|
10.2T JPY |
16%
|
|
| JP |
|
Mitsui & Co Ltd
TSE:8031
|
8.7T JPY |
9%
|
|
| US |
|
W W Grainger Inc
NYSE:GWW
|
47.9B USD |
39%
|
|
| US |
W
|
WW Grainger Inc
XMUN:GWW
|
44.3B EUR |
39%
|
|
| US |
|
Fastenal Co
NASDAQ:FAST
|
44.2B USD |
45%
|
|
| US |
|
United Rentals Inc
NYSE:URI
|
42.7B USD |
40%
|
|
| US |
|
Ferguson Enterprises Inc
NYSE:FERG
|
33B USD |
30%
|
|
| IN |
|
Adani Enterprises Ltd
NSE:ADANIENT
|
2.6T INR |
52%
|
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
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Reece Ltd's most recent financial statements, the company has Gross Margin of 28.8%.
You don't have any saved screeners yet