Reliance Worldwide Corporation

RWC.ASX

Industrials

Design, manufacture and supply of high quality, reliable and premium branded water flow, control and monitoring products and solutions for the plumbing and heating industry.

Market Data

Price

$3.145

-0.0%
Market Cap

$2.4B

P/E Ratio

17.2x

EPS

$0.184

Div. Yield

2.11%

52-Week Change

-0.2%

Latest Earnings

Appendix 4D and 31 December 2025 interim financial report

17 February 2026

Revenue
$645.40
-4.6% YoY
NPAT
$43.70
-34.9% YoY
EPS
$0.06
Dividend
$0.02

Reliance Worldwide Corporation reported a challenging half-year with revenue declining 4.6% to US$645.4M and NPAT falling 34.9% to US$43.7M, primarily due to US tariffs and weaker demand in the USA and UK. The company maintained its capital distribution policy with a total of US4.0 cents per share split between dividend and share buybacks. Cost savings of US$4.4M were achieved during the period. Key points: Achieved US$4.4M in cost savings through sourcing, procurement, manufacturing efficiencies and distribution savings; Maintained capital distribution policy with total distribution of US4.0 cents per share (70.3% of reported NPAT); EMEA external sales grew 2.4% despite challenging market conditions

Recent Announcements

28 Apr 2026 Guidance Neutral

RWC confirms FY26 full year trading outlook

Reliance Worldwide Corporation (ASX: RWC) reaffirmed its FY26 full year trading guidance with no material changes, while updating on US tariff developments and Middle East war impacts; the company expects net tariff cost impact at the lower end of US$25-30 million for FY26 and maintains FY27 estimates of US$5-7 million despite recent tariff policy changes.

20 Apr 2026 Sph Neutral

Becoming a substantial holder

Allan Gray Australia Pty Ltd (Allan Gray Australia) became a substantial holder (5.14%).

9 Apr 2026 Sph Neutral

Ceasing to be a substantial holder from PPT

PPT ceased to be a substantial holder.

25 Mar 2026 Sph Neutral

Becoming a substantial holder from MUFG

MUFG became a substantial holder (5.18%).

24 Mar 2026 Sph Neutral

Becoming a substantial holder

First Sentier Group Limited ACN 630 725 558 became a substantial holder (5.18%).

19 Feb 2026 Sph Neutral

Becoming a substantial holder from PPT

PPT became a substantial holder (5.071%).

17 Feb 2026 Actual Results Negative

Appendix 4D and 31 December 2025 interim financial report

Reliance Worldwide Corporation reported a challenging half-year with revenue declining 4.6% to US$645.4M and NPAT falling 34.9% to US$43.7M, primarily due to US tariffs and weaker demand in the USA and UK. The company maintained its capital distribution policy with a total of US4.0 cents per share split between dividend and share buybacks. Cost savings of US$4.4M were achieved during the period. Key points: Achieved US$4.4M in cost savings through sourcing, procurement, manufacturing efficiencies and distribution savings; Maintained capital distribution policy with total distribution of US4.0 cents per share (70.3% of reported NPAT); EMEA external sales grew 2.4% despite challenging market conditions

20 Jan 2026 Date Announcement Neutral

FY2026 Half Year Results Announcement Date and Webcast

Reliance Worldwide Corporation Limited (ASX: RWC) will release its FY2026 half year results for the period ended 31 December 2025 on Tuesday 17 February 2026, with a management briefing and webcast commencing at 9:00am AEDT.

19 Aug 2025 Actual Results Neutral

Appendix 4E - Preliminary Final Report

Reliance Worldwide Corporation delivered solid FY2025 results with revenue growth of 5.5% to US$1,314.7M and reported net profit up 13.5% to US$125.0M, benefiting from a full-year contribution from the Holman Industries acquisition. However, adjusted earnings growth was muted at just 0.5%, indicating integration costs and one-off items masked operational momentum, with the company maintaining a balanced capital management approach of 50/50 dividends and buybacks. Key points: Revenue grew 5.5% to US$1,314.7M, with Holman Industries acquisition (acquired 1 March 2024) now contributing a full year of results; Reported EBITDA increased 9.0% to US$269.8M and reported net profit jumped 13.5% to US$125.0M; Reported EPS grew 15.0% to 16.1 cents, demonstrating strong bottom-line improvement

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