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Renishaw
(LSE:RSW)
Renishaw (RSW) vs. iShares MSCI United Kingdom ETF (EWC)
Renishaw Business Overview & Revenue Model
Renishaw Earnings Call Summary
Renishaw Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 713.04M | 713.04M | 691.30M | 688.57M | 673.70M | 567.44M |
| Gross Profit | 330.83M | 330.83M | 421.74M | 434.00M | 438.78M | 369.64M |
| EBITDA | 133.90M | 133.90M | 156.07M | 166.39M | 174.02M | 172.36M |
| Net Income | 83.76M | 83.76M | 96.89M | 116.10M | 120.35M | 111.46M |
Balance Sheet | ||||||
| Total Assets | 1.14B | 1.14B | 1.05B | 1.04B | 992.77M | 856.88M |
| Cash, Cash Equivalents and Short-Term Investments | 273.65M | 273.65M | 217.84M | 206.39M | 253.16M | 215.01M |
| Total Debt | 15.64M | 15.64M | 18.54M | 13.33M | 16.26M | 20.01M |
| Total Liabilities | 209.36M | 209.36M | 148.56M | 146.88M | 177.60M | 153.55M |
| Stockholders Equity | 926.44M | 926.44M | 903.40M | 897.24M | 815.75M | 703.91M |
Cash Flow | ||||||
| Free Cash Flow | 101.62M | 101.62M | 49.30M | 6.27M | 82.58M | 111.81M |
| Operating Cash Flow | 147.90M | 147.90M | 124.08M | 90.87M | 122.24M | 135.53M |
| Investing Cash Flow | -51.67M | -128.64M | -31.50M | -94.68M | -6.65M | -134.43M |
| Financing Cash Flow | -54.67M | -55.81M | -52.70M | -61.40M | -55.89M | -17.84M |
Renishaw Technical Analysis
Renishaw Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | £579.03M | 22.22 | 8.49% | 2.11% | 0.49% | 61.73% | |
74 Outperform | £2.53B | 30.18 | 9.15% | 2.12% | 3.15% | -13.57% | |
69 Neutral | £359.16M | 32.61 | 12.24% | 1.99% | 5.46% | -26.44% | |
68 Neutral | £90.93M | 37.56 | 3.88% | 1.56% | 8.75% | -54.73% | |
67 Neutral | £163.20M | 43.96 | 3.13% | 2.20% | 10.66% | 21.19% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | £4.11B | 70.78 | 4.26% | 2.04% | 0.07% | -78.33% |
Renishaw Corporate Events
Renishaw plc has announced a series of transactions involving the acquisition and disposal of shares by persons discharging managerial responsibilities and persons closely associated with them. These transactions, conducted outside a trading venue, involve significant volumes of ordinary shares at a consistent price of £34.35. The movements in shares reflect strategic financial decisions by key stakeholders and could impact the company’s market positioning and shareholder value.
Renishaw plc announced the appointment of Rob Macdonald as the Interim Group Finance Director following Allen Roberts’ resignation. Macdonald, with a 26-year tenure at the company, will assume the role on December 1, 2025, while the search for a permanent CFO continues. At the Annual General Meeting, all proposed resolutions were passed, including the re-election of several directors and the authorization for the company to purchase its own shares, indicating strong shareholder support and stable governance.
Renishaw plc has announced the creation of Deltam Holdings Limited, a joint family holding company established by the families of its founders, to hold 50.25% of Renishaw’s issued share capital. This move is part of a generational transfer strategy, ensuring long-term family commitment to the company. The governance structure of Deltam allows for specific voting rights and arrangements, maintaining the influence of the McMurtry and Deer families. The UK Panel on Takeovers and Mergers has confirmed that Deltam will not be required to make a mandatory offer under the City Code on Takeovers and Mergers, allowing the company to maintain its current operations without additional regulatory obligations.
Renishaw plc announced the vesting of awards under its Deferred Annual Equity Incentive Plan, resulting in the issuance of ordinary shares to key executives. The CEO, Will Lee, and Group Finance Director, Allen Roberts, received shares and sold portions to cover tax liabilities, reflecting the company’s commitment to aligning executive incentives with shareholder interests.
Renishaw plc announced the grant of share awards under its Deferred Annual Equity Incentive Plan to key managerial personnel, including CEO Will Lee, Group Finance Director Allen Roberts, and Group General Counsel & Company Secretary Kasim Hussain. The awards, totaling 15,585 ordinary shares, are set to vest in 2028, reflecting the company’s commitment to aligning management incentives with long-term shareholder value. This move underscores Renishaw’s strategic focus on retaining top talent and enhancing its competitive positioning in the market.
Renishaw plc reported a steady start to FY2026 despite mixed market conditions, with a 2.8% growth in revenue at constant currency. The company successfully launched new Industrial Metrology products and implemented a £20m cost reduction program. Regional performance varied, with strong growth in the Americas and APAC, while EMEA faced challenges due to weak demand and ERP system implementation. Strategic initiatives, including product launches and operational efficiencies, are expected to drive further growth.
Renishaw plc announced a change in the voting arrangement following the transfer of shares from the late Sir David McMurtry to a trust benefiting Lady Teresa McMurtry. The new voting agreement involves the trustees and the Deers, maintaining similar terms as before, potentially impacting future company resolutions and governance until May 2028.
Renishaw plc has released its Annual Report for the year ending 30 June 2025 and announced the Notice of its Annual General Meeting (AGM) scheduled for 26 November 2025. These documents have been submitted to the National Storage Mechanism and are available online, reflecting the company’s commitment to transparency and shareholder engagement. The AGM will take place at the company’s headquarters, providing an opportunity for stakeholders to engage with the company’s leadership and discuss future strategies.
Renishaw plc announced the disposal of shares by Josephine Lanyon, a person closely associated with Non-executive Director Richard McMurtry. The transaction involved the sale of 8,254 ordinary shares at a price of £35.5021 each on the London Stock Exchange. Additionally, Josephine Lanyon executed the disposal of 720 shares as an executor of her late father’s estate. These transactions reflect internal financial activities that may influence investor perceptions and stakeholder interests.
Renishaw is restructuring its reporting segments for FY2026 to better align with market demands and its organizational structure. The new segments will focus on Industrial Metrology, Position Measurement, and Specialised Technologies, each containing a mix of established and emerging product lines. This change aims to strengthen Renishaw’s market position and enhance profitability. The Industrial Metrology segment faced flat revenue growth due to weak demand in some areas, while Position Measurement saw a 15% revenue increase driven by semiconductor applications. Specialised Technologies experienced a 6% revenue decline, impacted by reduced government research budgets and weaker additive manufacturing demand. The restructuring is expected to improve margins, particularly in the Specialised Technologies segment, by divesting non-core businesses.
Renishaw reported record revenue of £713.0 million for FY2025, a 3.1% increase from the previous year, despite challenging market conditions. The company achieved a 3.8% rise in adjusted profit before tax and maintained stable operating profit margins. Strategic initiatives included new product introductions, exiting the neurological drug delivery business, and implementing cost reduction measures, such as a £20 million annualized payroll reduction. These efforts are aimed at supporting future growth and improving margins. The company also proposed a 2.5% increase in the full-year dividend, reflecting confidence in its long-term sustainable growth model.