Ferguson Enterprises Financials

FERG

Key Financial Metrics

Revenue

$30.8B

YoY+3.8%

Ferguson Enterprises generated $30.8B in revenue in fiscal year 2025. This represents an increase of 3.8% from the prior year.

EBITDA

$3.0B

YoY-0.3%

Ferguson Enterprises's EBITDA was $3.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.3% from the prior year.

Free Cash Flow

$1.6B

YoY+6.8%

Ferguson Enterprises generated $1.6B in free cash flow in fiscal year 2025, representing cash available after capital expenditures. This represents an increase of 6.8% from the prior year.

Net Income

$1.9B

YoY+7.0%

Ferguson Enterprises reported $1.9B in net income in fiscal year 2025. This represents an increase of 7.0% from the prior year.

EPS (Diluted)

$9.32

YoY+9.3%

Ferguson Enterprises earned $9.32 per diluted share in fiscal year 2025. This represents an increase of 9.3% from the prior year.

Cash & Debt

$526.0M

YoY-12.5%

Ferguson Enterprises held $526.0M in cash against $4.1B in long-term debt as of fiscal year 2025.

Dividends Per Share

$3.28

YoY+5.1%

Ferguson Enterprises paid $3.28 per share in dividends in fiscal year 2025. This represents an increase of 5.1% from the prior year.

Shares Outstanding

196M

YoY-2.3%

Ferguson Enterprises had 196M shares outstanding in fiscal year 2025. This represents a decrease of 2.3% from the prior year.

Gross Margin

30.7%

YoY+0.1pp

Ferguson Enterprises's gross margin was 30.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the prior year.

Operating Margin

8.5%

YoY-0.5pp

Ferguson Enterprises's operating margin was 8.5% in fiscal year 2025, reflecting core business profitability. This is down 0.5 percentage points from the prior year.

Net Margin

6.0%

YoY+0.2pp

Ferguson Enterprises's net profit margin was 6.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.2 percentage points from the prior year.

Return on Equity

30.6%

YoY-0.0pp

Ferguson Enterprises's return on equity was 30.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.0 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$948.0M

YoY+49.5%

Ferguson Enterprises spent $948.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 49.5% from the prior year.

Capital Expenditures

$305.0M

YoY-18.0%

Ferguson Enterprises invested $305.0M in capital expenditures in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 18.0% from the prior year.

FERG Income Statement

Metric	FY25	FY25	FY25	FY24
Revenue	$30.8B+3.8%	$29.6B-0.3%	$29.7B+4.1%	$28.6B
Cost of Revenue	$21.3B+3.6%	$20.6B-0.6%	$20.7B+4.5%	$19.8B
Gross Profit	$9.4B+4.2%	$9.1B+0.3%	$9.0B+3.1%	$8.8B
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	$6.4B+5.6%	$6.0B+2.0%	$5.9B+5.1%	$5.6B
Operating Income	$2.6B-1.7%	$2.7B-0.3%	$2.7B-5.7%	$2.8B
Interest Expense	-$190.0M-6.1%	-$179.0M+2.7%	-$184.0M-265.8%	$111.0M
Income Tax	$567.0M-22.2%	$729.0M+26.8%	$575.0M-5.6%	$609.0M
Net Income	$1.9B+7.0%	$1.7B-8.2%	$1.9B-11.0%	$2.1B
EPS (Diluted)	$9.32+9.3%	$8.53-6.5%	$9.12-5.9%	$9.69

Metric	Q1'26	Q1'26	Q3'25	Q2'25	Q1'26	Q2'25	Q3'25	Q2'25
Revenue	$8.2B	N/A	$7.6B+10.9%	$6.9B-11.6%	$7.8B	N/A	$7.3B+9.5%	$6.7B
Cost of Revenue	$5.7B	N/A	$5.3B+8.9%	$4.8B-11.1%	$5.4B	N/A	$5.1B+9.3%	$4.6B
Gross Profit	$2.5B	N/A	$2.4B+15.5%	$2.0B-12.7%	$2.3B	N/A	$2.2B+10.0%	$2.0B
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.6B	N/A	$1.6B+3.2%	$1.5B-2.8%	$1.6B	N/A	$1.5B+2.8%	$1.5B
Operating Income	$771.0M	N/A	$606.0M+47.8%	$410.0M-38.3%	$665.0M	N/A	$625.0M+31.0%	$477.0M
Interest Expense	-$46.0M	N/A	-$46.0M+4.2%	-$48.0M-4.3%	-$46.0M	N/A	-$43.0M+2.3%	-$44.0M
Income Tax	$142.0M	N/A	$147.0M+56.4%	$94.0M-39.0%	$154.0M	N/A	$138.0M+24.3%	$111.0M
Net Income	$570.0M	N/A	$410.0M+48.6%	$276.0M-41.3%	$470.0M	N/A	$443.0M+37.6%	$322.0M
EPS (Diluted)	$2.90	N/A	$2.07+50.0%	$1.38-41.0%	$2.34	N/A	$2.18+38.0%	$1.58

FERG Balance Sheet

Metric	FY25	FY25	FY25	FY24
Total Assets	$17.7B+5.0%	$16.9B+5.4%	$16.0B	N/A
Current Assets	$10.0B+4.2%	$9.6B+6.0%	$9.1B	N/A
Cash & Equivalents	$526.0M-12.5%	$601.0M0.0%	$601.0M	N/A
Inventory	$4.6B+5.0%	$4.4B+12.7%	$3.9B	N/A
Accounts Receivable	$3.8B+4.5%	$3.6B+1.3%	$3.6B	N/A
Goodwill	$2.5B+4.3%	$2.4B+5.4%	$2.2B	N/A
Total Liabilities	$11.6B+3.9%	$11.2B+2.2%	$11.0B	N/A
Current Liabilities	$5.3B-7.0%	$5.7B+5.7%	$5.4B	N/A
Long-Term Debt	$4.1B+19.6%	$3.4B-7.1%	$3.7B	N/A
Total Equity	$6.1B+7.1%	$5.7B+5.5%	$5.4B	N/A
Retained Earnings	$7.1B+20.9%	$5.9B-31.2%	$8.6B	N/A

Metric	Q1'26	Q1'26	Q3'25	Q2'25	Q1'26	Q2'25	Q3'25	Q2'25
Total Assets	$17.7B-0.2%	$17.7B+2.7%	$17.3B+4.4%	$16.5B-1.9%	$16.9B+1.7%	$16.6B	N/A	N/A
Current Assets	$10.0B-1.2%	$10.1B+3.8%	$9.8B+6.0%	$9.2B-4.2%	$9.6B+2.3%	$9.4B	N/A	N/A
Cash & Equivalents	$526.0M-22.0%	$674.0M+29.9%	$519.0M-32.1%	$764.0M+27.1%	$601.0M+5.3%	$571.0M	N/A	N/A
Inventory	$4.6B+2.7%	$4.5B-1.2%	$4.5B+6.4%	$4.3B-2.7%	$4.4B+4.9%	$4.2B	N/A	N/A
Accounts Receivable	$3.8B-4.0%	$4.0B+5.8%	$3.7B+17.1%	$3.2B-12.1%	$3.6B+1.1%	$3.6B	N/A	N/A
Goodwill	$2.5B0.0%	$2.5B+1.5%	$2.4B+2.8%	$2.4B-0.1%	$2.4B+0.3%	$2.4B	N/A	N/A
Total Liabilities	$11.6B-2.2%	$11.9B+1.4%	$11.7B+6.3%	$11.0B-1.4%	$11.2B+2.3%	$11.0B	N/A	N/A
Current Liabilities	$5.3B-11.4%	$6.0B+1.0%	$6.0B+18.1%	$5.1B-11.9%	$5.7B+10.0%	$5.2B	N/A	N/A
Long-Term Debt	$4.1B+9.9%	$3.8B+1.4%	$3.7B-6.3%	$3.9B+14.6%	$3.4B-8.7%	$3.8B	N/A	N/A
Total Equity	$6.1B+3.8%	$5.8B+5.4%	$5.5B+0.8%	$5.5B-2.9%	$5.7B+0.7%	$5.6B+1.7%	$5.5B+1.9%	$5.4B
Retained Earnings	$7.1B+5.0%	$6.8B+8.6%	$6.2B+4.1%	$6.0B+1.9%	$5.9B-38.6%	$9.6B	N/A	N/A

FERG Cash Flow Statement

Metric	FY25	FY25	FY25	FY24
Operating Cash Flow	$1.9B+1.9%	$1.9B-31.2%	$2.7B+137.0%	$1.1B
Capital Expenditures	$305.0M-18.0%	$372.0M-15.6%	$441.0M+52.1%	$290.0M
Free Cash Flow	$1.6B+6.8%	$1.5B-34.2%	$2.3B+165.7%	$859.0M
Investing Cash Flow	-$543.0M+9.7%	-$601.0M+43.0%	-$1.1B-14.3%	-$922.0M
Financing Cash Flow	-$1.3B+2.1%	-$1.3B+27.3%	-$1.8B-142.9%	-$744.0M
Dividends Paid	$489.0M-37.6%	$784.0M+10.3%	$711.0M+32.2%	$538.0M
Share Buybacks	$948.0M+49.5%	$634.0M-30.2%	$908.0M-41.2%	$1.5B

Metric	Q1'26	Q1'26	Q3'25	Q2'25	Q1'26	Q2'25	Q3'25	Q2'25
Operating Cash Flow	$430.0M	N/A	N/A	N/A	$345.0M	N/A	N/A	N/A
Capital Expenditures	$118.0M	N/A	N/A	N/A	$77.0M	N/A	N/A	N/A
Free Cash Flow	$312.0M	N/A	N/A	N/A	$268.0M	N/A	N/A	N/A
Investing Cash Flow	-$132.0M	N/A	N/A	N/A	-$99.0M	N/A	N/A	N/A
Financing Cash Flow	-$448.0M	N/A	N/A	N/A	-$214.0M	N/A	N/A	N/A
Dividends Paid	$164.0M	N/A	N/A	N/A	$0	N/A	N/A	N/A
Share Buybacks	$208.0M	N/A	N/A	N/A	$256.0M	N/A	N/A	N/A

FERG Financial Ratios

Metric	FY25	FY25	FY25	FY24
Gross Margin	30.7%+0.1pp	30.6%+0.2pp	30.3%-0.3pp	30.6%
Operating Margin	8.5%-0.5pp	8.9%+0.0pp	8.9%-0.9pp	9.9%
Net Margin	6.0%+0.2pp	5.9%-0.5pp	6.3%-1.1pp	7.4%
Return on Equity	30.6%-0.0pp	30.7%-4.6pp	35.2%	N/A
Return on Assets	10.5%+0.2pp	10.3%-1.5pp	11.8%	N/A
Current Ratio	1.88+0.2	1.680.0	1.67	N/A
Debt-to-Equity	0.68+0.1	0.61-0.1	0.69	N/A
FCF Margin	5.2%+0.2pp	5.1%-2.6pp	7.7%+4.7pp	3.0%

Metric	Q1'26	Q1'26	Q3'25	Q2'25	Q1'26	Q2'25	Q3'25	Q2'25
Gross Margin	30.7%	N/A	30.9%+1.2pp	29.7%-0.4pp	30.1%	N/A	30.5%+0.1pp	30.4%
Operating Margin	9.4%	N/A	8.0%+2.0pp	6.0%-2.6pp	8.6%	N/A	8.6%+1.4pp	7.1%
Net Margin	7.0%	N/A	5.4%+1.4pp	4.0%-2.0pp	6.0%	N/A	6.1%+1.2pp	4.8%
Return on Equity	9.4%	N/A	7.4%+2.4pp	5.0%-3.3pp	8.3%	N/A	8.0%+2.1pp	5.9%
Return on Assets	3.2%	N/A	2.4%+0.7pp	1.7%-1.1pp	2.8%	N/A	N/A	N/A
Current Ratio	1.88+0.2	1.68+0.0	1.64-0.2	1.82+0.1	1.68-0.1	1.80	N/A	N/A
Debt-to-Equity	0.68+0.0	0.64-0.0	0.67-0.1	0.72+0.1	0.61-0.1	0.67	N/A	N/A
FCF Margin	3.8%	N/A	N/A	N/A	3.5%	N/A	N/A	N/A

Frequently Asked Questions

What is Ferguson Enterprises's annual revenue?

Ferguson Enterprises (FERG) reported $30.8B in revenue for fiscal year 2025.

How fast is Ferguson Enterprises's revenue growing?

Ferguson Enterprises (FERG) revenue grew by 3.8% year-over-year, from $29.6B to $30.8B in fiscal year 2025.

Is Ferguson Enterprises profitable?

Yes, Ferguson Enterprises (FERG) reported a net income of $1.9B in fiscal year 2025, with a net profit margin of 6.0%.

What is Ferguson Enterprises's earnings per share (EPS)?

Ferguson Enterprises (FERG) reported diluted earnings per share of $9.32 for fiscal year 2025.

What is Ferguson Enterprises's EBITDA?

Ferguson Enterprises (FERG) had EBITDA of $3.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Ferguson Enterprises have?

As of fiscal year 2025, Ferguson Enterprises (FERG) had $526.0M in cash and equivalents against $4.1B in long-term debt.

What is Ferguson Enterprises's gross margin?

Ferguson Enterprises (FERG) had a gross margin of 30.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Ferguson Enterprises's operating margin?

Ferguson Enterprises (FERG) had an operating margin of 8.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Ferguson Enterprises's net profit margin?

Ferguson Enterprises (FERG) had a net profit margin of 6.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Ferguson Enterprises pay dividends?

Yes, Ferguson Enterprises (FERG) paid $3.28 per share in dividends during fiscal year 2025.

What is Ferguson Enterprises's return on equity (ROE)?

Ferguson Enterprises (FERG) has a return on equity of 30.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Ferguson Enterprises's free cash flow?

Ferguson Enterprises (FERG) generated $1.6B in free cash flow during fiscal year 2025, representing cash available after capital expenditures.

What is Ferguson Enterprises's operating cash flow?

Ferguson Enterprises (FERG) generated $1.9B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Ferguson Enterprises's total assets?

Ferguson Enterprises (FERG) had $17.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Ferguson Enterprises's capital expenditures?

Ferguson Enterprises (FERG) invested $305.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Ferguson Enterprises buy back shares?

Yes, Ferguson Enterprises (FERG) spent $948.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Ferguson Enterprises have outstanding?

Ferguson Enterprises (FERG) had 196M shares outstanding as of fiscal year 2025.

What is Ferguson Enterprises's current ratio?

Ferguson Enterprises (FERG) had a current ratio of 1.88 as of fiscal year 2025, which is generally considered healthy.

What is Ferguson Enterprises's debt-to-equity ratio?

Ferguson Enterprises (FERG) had a debt-to-equity ratio of 0.68 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Ferguson Enterprises's return on assets (ROA)?

Ferguson Enterprises (FERG) had a return on assets of 10.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.