Reece Ltd
ASX:REH
Operating Margin
Reece Ltd
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| AU |
|
Reece Ltd
ASX:REH
|
10.2B AUD |
7%
|
|
| JP |
|
Mitsubishi Corp
TSE:8058
|
11.1T JPY |
2%
|
|
| IN |
A
|
A-1 Acid Ltd
BSE:542012
|
5.1B INR |
-1%
|
|
| JP |
|
Itochu Corp
TSE:8001
|
10.2T JPY |
5%
|
|
| JP |
|
Mitsui & Co Ltd
TSE:8031
|
8.7T JPY |
3%
|
|
| US |
|
W W Grainger Inc
NYSE:GWW
|
47.9B USD |
15%
|
|
| US |
W
|
WW Grainger Inc
XMUN:GWW
|
44.3B EUR |
15%
|
|
| US |
|
Fastenal Co
NASDAQ:FAST
|
44.2B USD |
20%
|
|
| US |
|
United Rentals Inc
NYSE:URI
|
42.7B USD |
26%
|
|
| US |
|
Ferguson Enterprises Inc
NYSE:FERG
|
33B USD |
6%
|
|
| IN |
|
Adani Enterprises Ltd
NSE:ADANIENT
|
2.6T INR |
11%
|
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
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Reece Ltd's most recent financial statements, the company has Operating Margin of 6.9%.
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