Reece (REECF) Selling, General, & Admin. Expense: $1,391 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

REECF Reece Ltd REECF
80 GF Score
Price $9.80
GF Value $12.56
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Reece Selling, General, & Admin. Expense?

Reece REECF 80 Selling, General, & Admin. Expense is $1,391 Mil as of Dec. 2025. GuruFocus rates REECF with a GF Score™ of 80/100 and a GF Value™ of $12.56 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Reece's selling, general, & admin. expense for the six months ended in Dec. 2025 was $720 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $1,391 Mil.


Reece  (OTCPK:REECF) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Reece Selling, General, & Admin. Expense Related Terms


Reece Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Reece's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Reece Selling, General, & Admin. Expense Chart

Reece Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 562.43 1,118.85 1,238.52 1,283.11 1,310.54

Reece Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 634.88 653.29 622.52 670.60 720.36

REECF vs GWW, FAST, FERG: Selling, General, & Admin. Expense Comparison

For the Industrial Distribution subindustry, Reece's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reece Selling, General, & Admin. Expense vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Reece's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Reece's Selling, General, & Admin. Expense falls into.


REECF
80GF Score
Reece Ltd REECF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Reece Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,391 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Selling, General, & Admin. Expense of $1,391 Mil mean?
Reece (REECF) has a Selling, General, & Admin. Expense of $1,391 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Reece and its competitors.
Is Reece's Selling, General, & Admin. Expense too high?
Reece's current Selling, General, & Admin. Expense is $1,391 Mil. Overall, Reece has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reece's Selling, General, & Admin. Expense compare to GWW and FAST?
Reece's Selling, General, & Admin. Expense of $1,391 Mil can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Industrial Distribution company?
A good Selling, General, & Admin. Expense depends on the Industrial Distribution industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Reece and its competitors. Reece's current Selling, General, & Admin. Expense is $1,391 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reece stock overvalued right now?
Based on GuruFocus' analysis, Reece (REECF) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.56, compared to a current price of $9.80 — trading 22% below its estimated fair value. The current Selling, General, & Admin. Expense is $1,391 Mil. Reece's overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Reece (REECF), the current Selling, General, & Admin. Expense is $1,391 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Reece (REECF) Overvalued in 2026?

Based on GuruFocus' analysis, Reece stock appears to be undervalued. The current stock price of $9.80 is trading 22% below its estimated GF Value™ of $12.56. GuruFocus considers Reece to be Modestly Undervalued.

Key valuation signals for REECF:

  • Selling, General, & Admin. Expense: $1,391 Mil
  • GF Value™: $12.56 vs. price of $9.80 (22% below fair value)
  • GF Score™: 80/100 with 8 warning signs

No single metric tells the full story. See the REECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Reece Business Description

Other Exchanges REH:Australia
Address 57 Balmain Street, Cremorne, Sydney, VIC, AUS, 3121
Reece is an Australian distributor of plumbing supplies and bathroom products, with businesses in Australia, New Zealand, and the United States. Reece Australia holds Australia's largest range of individual plumbing stock-keeping units, supporting plumbing needs for general plumbing, bathrooms, kitchens, heating and air conditioning, irrigation, refrigeration, pools, commercial and government projects, and fire services.In the Australia and New Zealand markets, Reece's trade, customers are mostly small to medium plumbing businesses working in the areas of residential repairs, renovations, or new home builds.The US business principally serves plumbers working on commercial and residential construction projects and has a network of almost 300 stores in the southern Sunbelt states.
80GF Score

Get the complete analysis for REECF

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.80
Price
$12.56
GF Value