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Reckitt (GB:RKT)
LSE:RKT
UK Market

Reckitt (RKT) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jul 29, 2026
Before Open (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
1.66
Last Year’s EPS
1.47
Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Mar 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational picture driven by strong Emerging Markets growth, margin expansion, tangible returns to shareholders, successful innovation and early results from supply chain investments. However, meaningful near-term headwinds remain: a weak Europe and soft seasonal OTC, modest EPS growth (partly due to tax and FX), one-off impacts and stranded costs from the Essential Home divestment, and a temporary rise in leverage and fixed-cost pressure in 2026. Management is confident the Fuel for Growth program and continued investment will offset many of these pressures over time and deliver medium-term targets.
Company Guidance
Reckitt guided Core Reckitt like‑for‑like net revenue growth of 4–5% for 2026 (reiterating its medium‑term target) with Q1 expected below the full‑year pace; Mead Johnson Nutrition is expected to grow low single digits LFL in 2026 but to see a mid‑single‑digit revenue decline in Q1 (lapping a 2025 retailer inventory build). Group adjusted operating profit should largely offset stranded costs from the Essential Home divestment via the Fuel for Growth program (group adjusted operating profit margin exited 2025 at 24.9%); the Fuel for Growth envelope remains c. GBP1bn and Reckitt now expects to exit 2027 with a fixed cost base below 19% (group fixed costs were 19.4% in 2025). CapEx guidance for 2026 is around 4% of revenue (2025 CapEx was GBP592m); free cash flow was GBP1.7bn in 2025 (71% conversion) and is expected to be similar in 2026–27 while restructuring runs, then normalise after end‑2027; net debt/EBITDA closed 2025 at 1.6x (c.2x after the GBP1.6bn special dividend) and is expected to rise toward ~2.5x by H1 2026 before trending down. Capital return remains active (FY dividend proposed +5%, 2025 returns totaled GBP2.3bn including GBP900m buybacks and a GBP1.6bn special dividend); EPS will receive Vestacy‑related income (USD300m vendor loan note, 30% associate stake and ~GBP25m pretax services) and benefit from share consolidation/buybacks but faces a 2026 dilution headwind from the Essential Home divestment; tax guidance is around 27% and c.55% of FX/commodity exposures are hedged over a 12‑month horizon.
Core and Group Revenue Growth
Core Reckitt like-for-like net revenue grew 5.2% in 2025 (volume +1.5%, price/mix +3.7%); group net revenue increased 5.0%. Excluding seasonal OTC, Core Reckitt grew 7.0% year-on-year.
Emerging Markets Outperformance
Emerging Markets led growth with Core Reckitt EM growth of 14.6% and volumes up 6.7%, driven by strong performance in China (10th sequential quarter of double-digit growth) and high-single-digit growth in India; several smaller markets delivered double-digit growth.
Margin Expansion and Profitability
Core Reckitt adjusted operating profit margins expanded 90 basis points year-on-year; group adjusted operating profit margin up 40 basis points to 24.9%. Emerging Markets adjusted operating profit margin improved 210 basis points to 20.9%. Group adjusted operating profit grew ~5.3% at constant currency.
Strong Innovation and Product Wins
Multiple product launches and extensions across categories (Durex Intensity rolled out to 18 countries, Lysol and Dettol innovations, Nurofen mini liquid caps, Strepsils dual-action). Mucinex 12-hour Cold & Fever highlighted as a breakthrough (first FDA-approved NDA in upper respiratory category in >15 years).
Fuel for Growth Program Delivering
Fuel for Growth drove 150 basis points of fixed-cost savings in 2025 and enabled a 120 basis-point step-up in brand equity investment (BEI). Group fixed costs improved by 150 basis points to 19.4% of net revenue and management expects to exit 2027 with fixed costs below 19%.
Portfolio Simplification & Asset Disposals
Divestment of Essential Home to Advent completed in December 2025; company returned proceeds to shareholders (additional GBP 1.6bn special dividend in Feb 2026) and is now focused on 11 high-growth power brands.
Shareholder Returns and Capital Allocation
Returned GBP 2.3bn to shareholders in 2025 via dividends and buybacks (including GBP 900m of share repurchases); ongoing buyback program to continue as a component of capital allocation.
Supply Chain & CapEx Investment Showing Early Results
CapEx stepped up to GBP 592m in 2025 to localize, automate and digitize supply chain; investments include new Durex lines in Taicang, Wilson (NC) factory on track, expanded Lysol and Finish capacity; service levels improved across Europe and North America.

Reckitt (GB:RKT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

GB:RKT Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jul 29, 2026
2026 (Q2)
1.66 / -
1.466
Mar 05, 2026
2025 (Q4)
1.88 / 1.84
1.957-5.77% (-0.11)
Jul 24, 2025
2025 (Q2)
1.69 / 1.47
1.677-12.58% (-0.21)
Mar 06, 2025
2024 (Q4)
1.60 / 1.96
1.07582.05% (+0.88)
Jul 24, 2024
2024 (Q2)
1.62 / 1.68
1.802-6.94% (-0.13)
Feb 28, 2024
2023 (Q4)
1.52 / 1.07
1.7-36.76% (-0.63)
Jul 26, 2023
2023 (Q2)
1.78 / 1.80
1.956-7.87% (-0.15)
Mar 01, 2023
2022 (Q4)
1.73 / 1.70
1.5211.84% (+0.18)
Jul 27, 2022
2022 (Q2)
1.57 / 1.96
1.48531.72% (+0.47)
Feb 17, 2022
2021 (Q4)
1.12 / 1.52
1.672-9.09% (-0.15)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

GB:RKT Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 05, 2026
6050.00 p5700.00 p-5.79%
Jul 24, 2025
4970.45 p5465.52 p+9.96%
Mar 06, 2025
4984.68 p5088.48 p+2.08%
Jul 24, 2024
4155.35 p4235.48 p+1.93%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Reckitt (GB:RKT) report earnings?
Reckitt (GB:RKT) is schdueled to report earning on Jul 29, 2026, Before Open (Confirmed).
    What is Reckitt (GB:RKT) earnings time?
    Reckitt (GB:RKT) earnings time is at Jul 29, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is the P/E ratio of Reckitt stock?
          The P/E ratio of Reckitt is N/A.
            What is GB:RKT EPS forecast?
            GB:RKT EPS forecast for the fiscal quarter 2026 (Q2) is 1.66.