Renishaw plc (RSW.L)
Operating quietly across the globe from Gloucestershire, Renishaw makes the ultra-precise measurement tools and probes that modern factories rely on.
Is Renishaw plc a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: World-class reputation in high-precision engineering and metrology. Worth weighing: Recent drop in yearly earnings shows vulnerability to cyclical slowdowns. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Renishaw plc actually fallen?
Over the last 2 years of daily prices, Renishaw plc fell as much as −43% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.
Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
dominant position in advanced manufacturing tech cements long-term earnings jump
disruption from cheaper alternatives or prolonged sector stagnation
What does Renishaw plc do?
Whenever high-tech manufacturing needs to check if a metal part or micro-chip is accurate to a fraction of a hair's width, they often use this firm's gear. Sales of high-precision engineering equipment, lasers, and medical devices to industries ranging from aerospace to brain surgery bring in the money. The big puzzle to keep an eye on is how they balance heavy spending on clever inventions when short-term earnings take a bit of a knock.
On our factor screen it looks strongest on momentum and quality, and weakest on value.
- ✓Pays a dividend - about 1.6% a year
- ✓Growing - revenue up about 7% over the year
- !High P/E of 49 - big growth is already priced in
- ✓Low debt - a sturdier balance sheet
- Momentum screens high (71/100)
- World-class reputation in high-precision engineering and metrology
- Solid gross margin showing strong pricing power for specialized tools
- Substantial global footprint serving critical industries like aerospace and electronics
- Value screens low (11/100)
- Income screens low (29/100)
- Global manufacturing downturns directly reduce demand for measurement tools
- Heavy reliance on ongoing research and development spending to stay ahead
- Currency fluctuations impacting international sales conversions
What do Renishaw plc's numbers mean?
Does Renishaw plc pay a dividend?
Yes - Renishaw plc currently pays a dividend of about 1.6% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
What do the numbers say about Renishaw plc's dividend?
There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.
Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.
When does Renishaw plc report earnings, and how did recent quarters go?
Renishaw plc is next scheduled to report on about 2026-09-15 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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Hewlett Packard EnterpriseWhat are the scenarios for Renishaw plc?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Renishaw plc?
How many points the write-up makes each way — a balance check, not a score or verdict.
- World-class reputation in high-precision engineering and metrology
- Solid gross margin: The share of each £1 of sales left after the direct cost of making the product, before other running costs. Higher usually means more pricing power. showing strong pricing power for specialized tools
- Substantial global footprint serving critical industries like aerospace and electronics
- Recent drop in yearly earnings shows vulnerability to cyclical: A business whose sales and profits rise and fall with the wider economy - booming in good times, sinking in downturns. Miners, carmakers and banks are classic examples. slowdowns
- High historical price-to-earnings ratio leaves little room for operational missteps
- Modest return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. given the valuation attached to the business
- Global manufacturing downturns directly reduce demand for measurement tools
- Heavy reliance on ongoing research and development spending to stay ahead
- Currency fluctuations impacting international sales conversions
The write-up's own warning lights — if these start happening, the case above changes.
- A prolonged multi-quarter slide in core factory orders
- Permanent compression of profit margins due to rising manufacturing costs
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.