Ferguson Enterprises Stock Price, News & Analysis
Company Description
Ferguson Enterprises Inc. (NYSE: FERG; LSE: FERG) is described in its public disclosures as the largest value-added distributor serving the water and air specialized professional in the North American construction market. The company focuses on the residential and non-residential construction sectors and positions itself around helping customers make complex projects simple, successful and sustainable.
According to its filings and investor communications, Ferguson operates in a construction market it characterizes as a $340 billion residential and non-residential North American construction market. Within this market, the company concentrates on professionals who work with water and air systems. Ferguson states that it provides expertise and a range of products and services that support these specialized professionals.
Business focus and offerings
Ferguson explains that it supports customers’ projects by combining specialist knowledge with access to products and services. The company highlights product categories such as plumbing, HVAC, appliances, lighting, PVF (pipe, valves and fittings), and water and wastewater solutions. These offerings are presented as part of a value-added distribution model aimed at the needs of construction professionals working on both residential and non-residential projects.
In its proxy materials and news releases, Ferguson emphasizes that it serves what it calls the “water and air specialized professional,” underlining a focus on systems that move, control or condition water and air in buildings and infrastructure. The company’s stated purpose is to help make customers’ complex projects simple, successful and sustainable, and its stated vision is to be the “ultimate project success company.”
Scale and footprint
Ferguson reports that it is headquartered in Newport News, Virginia. In its recent communications, the company notes that it has sales of $30.8 billion for its fiscal year 2025 and approximately 35,000 associates in over 1,700 locations. These figures, disclosed in multiple news releases and filings, illustrate the scale of its operations and its presence across North America.
The company also notes that it is listed on both the New York Stock Exchange and the London Stock Exchange under the ticker symbol FERG. Its proxy statement highlights that Ferguson debuted on the Fortune 500 list in 2025, describing this as reflecting its impact on the North American construction industry and reinforcing its position as the largest value-added distributor in its defined market.
Market positioning and customer orientation
Ferguson’s disclosures describe it as a relationship-focused business with a distinctive culture anchored in customer service. The company characterizes itself as a “relationship business” that helps build relationships, trust, confidence and community in addition to supplying products. This cultural emphasis is summarized internally as “the Ferguson Way.”
Within its North American construction focus, Ferguson distinguishes between residential and non-residential end markets. In its earnings commentary, the company notes that residential markets can be more challenged at times, while non-residential markets may perform differently. Ferguson describes its approach as using scale, expertise and what it calls a multi-customer group approach and value-added services to support the specialized professional across these end markets.
Corporate governance and fiscal year
Ferguson’s definitive proxy statement and Form 8-K filings describe a board of directors that oversees the company’s strategy and governance. The company highlights board refreshment, noting that several independent directors have joined in recent years. It also emphasizes its focus on strong corporate governance practices and regular review of policies.
In 2025, Ferguson’s board approved a change in fiscal year end from July 31 to December 31. The company disclosed that its new fiscal year will commence on January 1, 2026, and that it plans to file a transition report on Form 10-KT for the five-month period from August 1, 2025 to December 31, 2025. This change is described as aligning the fiscal year with the calendar year and with the company’s U.S. headquarters.
Capital markets activity
Ferguson’s SEC filings show that the company issues and manages various forms of capital. For example, a Form 8-K filed in September 2025 reports the completion of a public offering of 4.350% Senior Notes due 2031, with the obligations guaranteed by an indirect subsidiary. The company also reports on share repurchase activity and dividends in its earnings announcements, indicating an ongoing program of capital returns to shareholders, subject to its financial position and strategy.
In addition, Ferguson maintains listings on both the NYSE and LSE and files regular reports with the U.S. Securities and Exchange Commission, including Forms 10-K, 10-Q and 8-K, as well as proxy statements. These documents provide detail on its financial performance, governance, executive compensation and shareholder voting outcomes.
Innovation and partnerships
Ferguson also participates in corporate venture and partnership activity through Ferguson Ventures, which it describes as its corporate venture capital arm. In a recent news release, Ferguson Ventures is identified as leading a strategic funding round in Ply, an inventory and purchasing platform built for the trades. The collaboration is described as aiming to advance automated inventory replenishment and real-time visibility for contractors and suppliers, illustrating how Ferguson engages with technology partners that serve the same specialized professional base.
Through such investments, Ferguson indicates an interest in technologies that support productivity and efficiency for trade professionals, particularly around materials management and supply chain transparency. This complements its core role as a value-added distributor serving the water and air specialized professional in North American construction.
Trading status
Based on recent SEC filings and news releases, Ferguson Enterprises Inc. continues to trade under the symbol FERG on the New York Stock Exchange and the London Stock Exchange. There is no indication in the provided filings of delisting, deregistration or bankruptcy. The company continues to hold annual meetings of stockholders, issue dividends and file periodic and current reports.
Stock Performance
Ferguson Enterprises (FERG) stock last traded at $217.56, down 0.07% from the previous close. Over the past 12 months, the stock has gained 32.7%, ranking #433 in 52-week price change. At a market capitalization of $43.7B, FERG is classified as a large-cap stock with approximately 194.4M shares outstanding.
Latest News
Ferguson Enterprises has 10 recent news articles, with the latest published 3 days ago. Of the recent coverage, 7 articles coincided with positive price movement and 3 with negative movement. Key topics include dividends. View all FERG news →
SEC Filings
Ferguson Enterprises has filed 5 recent SEC filings, including 3 Form 4, 1 Form ARS, 1 Form DEF 14A. The most recent filing was submitted on March 16, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all FERG SEC filings →
Financial Highlights
Ferguson Enterprises generated $30.8B in revenue over the trailing twelve months, retaining a 30.7% gross margin, operating income reached $2.6B (8.5% operating margin), and net income was $1.9B, reflecting a 6.0% net profit margin. Diluted earnings per share stood at $9.32. The company generated $1.9B in operating cash flow. With a current ratio of 1.88, the balance sheet reflects a strong liquidity position.
Upcoming Events
Currency election deadline
Dividend payment date
Virtual Annual Meeting
Ferguson Enterprises has 3 upcoming scheduled events. The next event, "Currency election deadline", is scheduled for April 1, 2026 (in 11 days). 2 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the FERG stock price.
Short Interest History
Short interest in Ferguson Enterprises (FERG) currently stands at 2.7 million shares, down 0.7% from the previous reporting period, representing 1.4% of the float. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Ferguson Enterprises (FERG) currently stands at 2.3 days, up 5.5% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 42.6% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.6 days.
FERG Company Profile & Sector Positioning
Ferguson Enterprises (FERG) operates in the Industrial Distribution industry within the broader Wholesale-hardware & Plumbing & Heating Equipment & Supplies sector and is listed on the NYSE. Among dividend-paying stocks, FERG ranks #1,130 by dividend yield. In monthly performance, the stock ranks #1,753 among all tracked companies.
Investors comparing FERG often look at related companies in the same sector, including WW Grainger (GWW), Fastenal Co (FAST), Watsco (WSO), Pool (POOL), and QXO Inc (QXO). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate FERG's relative position within its industry.