Reliance Worldwide Corporation Ltd
ASX:RWC

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Reliance Worldwide Corporation Ltd
ASX:RWC
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Price: 5.02 AUD -2.52% Market Closed
Market Cap: 3.9B AUD
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Gross Margin
Reliance Worldwide Corporation Ltd

39.2%
Current
40%
Average
28.2%
Industry

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
39.2%
=
Gross Profit
488.8m
/
Revenue
1.2B

Gross Margin Across Competitors

Country AU
Market Cap 3.9B AUD
Gross Margin
39%
Country US
Market Cap 957B USD
Gross Margin
44%
Country IE
Market Cap 83.2B USD
Gross Margin
35%
Country US
Market Cap 61.3B USD
Gross Margin
27%
Country IE
Market Cap 52.3B USD
Gross Margin
35%
Country FR
Market Cap 43B EUR
Gross Margin
27%
Country JP
Market Cap 5.5T JPY
Gross Margin
34%
Country SE
Market Cap 363B SEK
Gross Margin
41%
Country US
Market Cap 21.7B USD
Gross Margin
32%
Country CH
Market Cap 17B CHF
Gross Margin
72%
Country US
Market Cap 16.7B USD
Gross Margin
38%
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Reliance Worldwide Corporation Ltd
Glance View

Market Cap
3.9B AUD
Industry
Building

Reliance Worldwide Corporation Ltd. (RWC) emerged from the industrious city of Melbourne, Australia, with a pioneering spirit that sought to transform the plumbing industry. Founded in 1986, the company made its mark with innovative plumbing solutions that catered to both residential and commercial sectors. At the heart of RWC's success is its core product, SharkBite, a push-to-connect plumbing system that brought newfound efficiency and ease to installations. This user-friendly mechanism resonated with both do-it-yourself enthusiasts and professional plumbers, removing the need for cumbersome tools and complicated procedures traditionally associated with plumbing. The strategic introduction and subsequent global expansion of SharkBite catapulted RWC into international waters, weaving it into the very fabric that supplies water to households and businesses around the world. RWC's business model thrives on a blend of ingenuity and diversification. Beyond SharkBite, the company has expanded its portfolio to include complementary products such as water control systems, valves, and fittings. Each of these products is crafted to meet the growing demands for reliability and innovation in water flow and control solutions. Through its strategic acquisitions and strong distribution networks, particularly in key markets like North America and Europe, RWC effectively broadens its global reach. This extensive geographic footprint allows for robust revenue streams, driven by consistent demand across construction and renovation markets. With a steadfast commitment to quality and innovation, RWC not only nurtures its role as a leader in its field but also continuously bolsters its resilience against economic fluctuations.

RWC Intrinsic Value
6 AUD
Undervaluation 16%
Intrinsic Value
Price
What is Gross Margin?

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
39.2%
=
Gross Profit
488.8m
/
Revenue
1.2B
What is the Gross Margin of Reliance Worldwide Corporation Ltd?

Based on Reliance Worldwide Corporation Ltd's most recent financial statements, the company has Gross Margin of 39.2%.