Every 10-Q that Ferguson Enterprises Inc. (FERG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FERG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FERG filings page.
Ferguson Enterprises Inc. reported higher results for the three and six months ended June 30, 2026. Net sales were $8.8 billion for the quarter, up 4.6% year over year, and $16.2 billion year-to-date, up 4.2%, driven by low-single-digit price inflation, U.S. volume growth and acquisitions. Net income reached $666 million for the quarter and $1.08 billion year-to-date, with diluted EPS of $3.43 and $5.56, increases of 6.9% and 12.6% versus the prior-year periods; adjusted diluted EPS was $3.39 and $5.67.
U.S. segment net sales grew 5.0% in the quarter to $8.3 billion, led by roughly 8% growth in non-residential markets and modest residential growth, while Canada posted slightly lower quarterly sales. Gross margin was 31.0% versus 31.2% a year earlier, and SG&A as a percentage of sales edged down. Adjusted operating profit rose to $932 million for the quarter and $1.58 billion year-to-date.
Operating cash flow declined to $716 million from $1.12 billion year-to-date, mainly due to higher working capital and timing of tax and incentive payments. Total debt increased to $4.9 billion, with $525 million drawn on the Receivables Securitization Facility and $250 million on the Revolving Facility. The company repurchased $438 million of shares and paid $347 million in dividends year-to-date. Ferguson also agreed to acquire FWI Holdings, Inc. for approximately $1.6 billion, to be funded with cash and committed financing, with closing expected in the third quarter of 2026.
Ferguson Enterprises Inc. delivered higher results for the quarter ended March 31, 2026, with net sales of $7.47 billion versus $7.21 billion a year earlier, driven mainly by mid‑single digit price inflation and acquisitions, partly offset by lower volumes.
Operating profit rose to $612 million from $507 million, helped by a higher gross margin of 31.0% and SG&A leverage, while net income increased to $414 million. Diluted EPS grew to $2.13 (adjusted $2.28) from $1.73 (adjusted $2.09), supported by earnings growth and share repurchases. Operating cash flow remained strong at $772 million, though below the prior year due to higher working capital investment. The company ended the quarter with $820 million of cash, $4.13 billion of total debt and $2.4 billion of available liquidity.
Ferguson Enterprises Inc. reported solid growth for the three months in its transition period ended October 31, 2025, with net sales of $8.2 billion, up 5.1% from the comparable quarter a year earlier. Higher prices, acquisitions and increased volume, especially in U.S. non-residential markets, drove the gain.
Net income rose to $570 million from $470 million, and diluted EPS increased to $2.90 from $2.34, helped by stronger operating profit and prior share repurchases. Gross margin improved to 30.7%, while SG&A grew more slowly than sales, supporting better operating leverage.
Operating cash flow increased to $430 million from $345 million, funding $118 million of capital expenditures, $21 million of acquisitions, $164 million of dividends and $208 million of share repurchases. The company issued $750 million of 4.35% senior notes due 2031, repaid $400 million of maturing private placement notes, ended the quarter with $526 million of cash and had no borrowings under its $1.5 billion revolver or $915 million receivables facility.