FERG on NYSE

Ferguson Enterprises

Logo: Original: Ferguson plc Vector: Benstown, Public domain, via Wikimedia Commons⁵

American plumbing and heating company

Ferguson Enterprises Inc., headquartered in Newport News, Virginia and organized in Delaware, is the largest U.S. distributor of plumbing, heating, ventilation and air conditioning (HVAC), appliances, and lighting to pipes, valves and fittings (PVF), and water and wastewater products. The company receives 95% of its revenue in the United States and 5% of its revenue in Canada.³ From Wikipedia, CC BY-SA 4.0

$227.09 up 4.16 (1.86%)Price as of Oct 15, 2026 at 19:45 UTC

Last updated Oct 16, 2026.

Overview

$30.8BRevenue, fiscal 2025⁶

$1.9BNet income, fiscal 2025⁶

1887Founded¹

Compare with Watsco, CRH or James Hardie, or pick any stock.

TickerFERG on NYSE¹
Industrybuilding material¹
HeadquartersSaint Helier¹
Websitewww.fergusonplc.com/en/index.html
Legal formpublic limited company¹

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

30.7%Gross margin⁶

8.5%Operating margin⁶

6.0%Net margin⁶

3.8%Revenue growth, 2025⁶

31.8%Return on equity⁶

0.64×Debt to equity⁶

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

United States brought in 95% of the revenue Ferguson Enterprises broke down this way in fiscal 2025.

United States$29.3B⁹95%up 4% from 2024
Canada$1.5B⁹5%up 4% from 2024

Business segments by year

Business segments	2023	2024	2025
United States	$28.3B	$28.2B	$29.3B
Canada	$1.4B	$1.4B	$1.5B

Where the money goes

Where each dollar of revenue went, fiscal 2025

Cost of revenueSelling, general and admin

Cost of revenue69¢$21.3B
Selling, general and admin21¢$6.4B
Other costs2¢$636.0M
Income tax2¢$567.0M
Profit6¢$1.9B

Out of $30.8B in revenue.⁶

Where each dollar of operating cash went, fiscal 2025

Dividends paidShare buybacksKept or used elsewhere

Dividends paid26¢$489.0M
Share buybacks50¢$948.0M
Kept or used elsewhere25¢$471.0M

Out of $1.9B of cash from operations.⁶

Financial statements

Revenue¹⁰¹¹¹²⁶$30.8B in 2025+54% since 2020

Gross profit¹³¹⁰¹¹¹²⁶$9.4B in 2025+60% since 2019

Operating income¹³¹⁰¹¹¹²⁶$2.6B in 2025+89% since 2019

Net income¹³¹⁰¹¹¹²⁶$1.9B in 2025+68% since 2019

Every line of the income statement in the latest annual report, as filed.⁹

Period ending	2025-07-31	2024-07-31	2023-07-31
Net sales	$30.8B	$29.6B	$29.7B
Cost of sales	-$21.3B	-$20.6B	-$20.7B
Gross profit	$9.4B	$9.1B	$9.0B
Selling, general and administrative expenses	-$6.4B	-$6.0B	-$5.9B
Restructuring and impairment	-$80.0M	-$28.0M	-$125.0M
Depreciation and amortization	-$373.0M	-$335.0M	-$321.0M
Operating profit	$2.6B	$2.7B	$2.7B
Interest expense, net	-$190.0M	-$179.0M	-$184.0M
Other income (expense), net	$7.0M	-$9.0M	-$11.0M
Income before income taxes	$2.4B	$2.5B	$2.5B
Provision for income taxes	-$567.0M	-$729.0M	-$575.0M
Net income	$1.9B	$1.7B	$1.9B
Earnings per share - Basic (in usd per share)	$9.33	$8.55	$9.15
Earnings per share - Diluted (in usd per share)	$9.32	$8.53	$9.12
Basic (in shares)	198.9M shares	202.9M shares	206.4M shares
Diluted (in shares)	199.2M shares	203.5M shares	207.2M shares

Total assets¹³¹⁰¹¹¹²⁶$17.7B in 2025+32% since 2020

Total liabilities¹³¹⁰¹¹¹²⁶$11.9B in 2025+31% since 2020

Shareholders’ equity¹³¹⁰¹¹¹²⁶$5.8B in 2025+44% since 2018

Cash¹³¹⁰¹¹¹²⁶$674.0M in 2025−19% since 2018

Long-term debt¹⁰¹¹¹²⁶$3.8B in 2025+49% since 2021

Every line of the balance sheet in the latest annual report, as filed.⁹

Period ending	2025-12-31	2025-07-31	2024-07-31
Cash and cash equivalents	$557.0M	$674.0M	$571.0M
Accounts receivable, less allowances of $25, $24 and $21, respectively	$3.3B	$4.0B	$3.6B
Inventories	$4.6B	$4.5B	$4.2B
Prepaid and other current assets	$1.0B	$945.0M	$1.0B
Assets held for sale	$48.0M	$71.0M	$29.0M
Total current assets	$9.5B	$10.1B	$9.4B
Property, plant and equipment, net	$1.9B	$1.8B	$1.8B
Operating lease right-of-use assets	$1.8B	$1.8B	$1.6B
Deferred income taxes, net	$165.0M	$225.0M	$181.0M
Goodwill	$2.5B	$2.5B	$2.4B
Other intangible assets, net	$685.0M	$726.0M	$753.0M
Other non-current assets	$553.0M	$559.0M	$554.0M
Total assets	$17.2B	$17.7B	$16.6B
Accounts payable	$3.1B	$3.6B	$3.4B
Short-term debt	$148.0M	$400.0M	$150.0M
Current portion of operating lease liabilities	$455.0M	$447.0M	$395.0M
Other current liabilities	$1.4B	$1.6B	$1.3B
Liabilities held for sale	$13.0M	$26.0M	$0
Total current liabilities	$5.1B	$6.0B	$5.2B
Long-term debt	$4.0B	$3.8B	$3.8B
Long-term portion of operating lease liabilities	$1.4B	$1.4B	$1.2B
Other long-term liabilities	$756.0M	$750.0M	$768.0M
Total liabilities	$11.3B	$11.9B	$11.0B
Common stock, par value $0.0001; 500,000,000 shares authorized; 201,343,253, 201,343,253 and 0 shares issued, respectively	$0	$0	$0
Paid-in capital	$996.0M	$926.0M	$864.0M
Retained earnings	$7.2B	$6.8B	$9.6B
Treasury shares, 6,291,666, 4,759,053 and 30,827,929 shares, respectively at cost	-$1.3B	-$899.0M	-$3.9B
Accumulated other comprehensive loss	-$1.0B	-$971.0M	-$931.0M
Total stockholders' equity	$5.9B	$5.8B	$5.6B
Total liabilities and stockholders' equity	$17.2B	$17.7B	$16.6B
Allowance for credit loss	$25.0M	$24.0M	$21.0M
Ordinary shares, par value (in pound sterling per share)	$0.00	$0.00	$0.00
Ordinary shares, shares authorized (in shares)	500.0M shares	500.0M shares	500.0M shares
Ordinary shares, shares issued (in shares)	201.3M shares	201.3M shares	0 shares
Treasury stock (in shares)	6.3M shares	4.8M shares	30.8M shares

Cash from operations¹³¹⁰¹¹¹²⁶$1.9B in 2025+48% since 2019

Capital spending¹³¹⁰¹¹$441.0M in 2023+15% since 2019

Free cash flow¹³¹⁰¹¹¹²⁶$2.3B in 2023+151% since 2019

Dividends paid¹⁰¹¹¹²⁶$489.0M in 2025+50% since 2020

Share buybacks¹⁰¹¹¹²⁶$948.0M in 2025+110% since 2020

Every line of the cash flow in the latest annual report, as filed.⁹

Period ending	2025-07-31	2024-07-31	2023-07-31
Net income	$1.9B	$1.7B	$1.9B
Depreciation and amortization	$373.0M	$335.0M	$321.0M
Share-based compensation	$28.0M	$49.0M	$51.0M
Non-cash impact of impairments	$0	$0	$125.0M
Changes in deferred income taxes	-$39.0M	$125.0M	-$104.0M
Changes in inventories	-$273.0M	-$252.0M	$607.0M
Changes in receivables and other assets	-$321.0M	-$98.0M	-$1.0M
Changes in accounts payable and other liabilities	$278.0M	$11.0M	-$196.0M
Changes in income taxes payable	$7.0M	-$45.0M	$24.0M
Other operating activities	-$1.0M	$13.0M	$11.0M
Net cash provided by operating activities of continuing operations	$1.9B	$1.9B	$2.7B
Net cash used in operating activities of discontinued operations	$0	$0	-$4.0M
Net cash provided by operating activities	$1.9B	$1.9B	$2.7B
Purchase of businesses acquired, net of cash acquired	-$301.0M	-$260.0M	-$616.0M
Capital expenditures	-$305.0M	-$372.0M	-$441.0M
Other investing activities	$63.0M	$31.0M	$3.0M
Net cash used in investing activities	-$543.0M	-$601.0M	-$1.1B
Purchase of treasury shares	-$948.0M	-$634.0M	-$908.0M
Proceeds from sale of treasury shares	$0	$17.0M	$17.0M
Repayments of debt	-$4.4B	-$2.1B	-$2.9B
Proceeds from debt	$4.6B	$2.3B	$2.8B
Change in bank overdrafts	$4.0M	-$16.0M	-$15.0M
Cash dividends	-$489.0M	-$784.0M	-$711.0M
Other financing activities	-$74.0M	-$41.0M	-$35.0M
Net cash used in financing activities	-$1.3B	-$1.3B	-$1.8B
Change in cash, cash equivalents and restricted cash	$79.0M	-$41.0M	-$138.0M
Effects of exchange rate changes	$3.0M	-$3.0M	$22.0M
Cash paid for income taxes	$601.0M	$651.0M	$656.0M
Cash paid for interest	$189.0M	$188.0M	$182.0M
Accrued capital expenditures	$14.0M	$6.0M	$17.0M

Compare Ferguson Enterprises with another company

The story

The company was established by Charles Ferguson, Ralph Lenz and Johnny Smither in Newport News, Virginia in 1953.

Ferguson was acquired by a UK based business, Wolseley plc, for $30.7 million in 1982. In 1999, Ferguson merged with Familian Corporation of Los Angeles.

In November 2007, during the Great Recession, the company cut 3,000 jobs in the United States, approximately 5% of its workforce.

Wolseley plc then changed its name to Ferguson plc to reflect the importance of the US side of the business in 2017.

In January 2021, Ferguson sold Wolseley UK to Clayton, Dubilier & Rice for £308 million.

In August 2024, the company reorganized its structure in order to domicile the parent company in the US.

From Wikipedia’s article on Ferguson plc, shared under CC BY-SA 4.0.⁷

Leadership

Who has led Ferguson Enterprises, and when. Pick a name to see everywhere that person has worked.

Chief executive

Kevin Murphy2019–now

Chair

Geoff Drabble2019–now

197019801990200020102020

Chief executive officerKevin Murphy 2019 to now¹
ChairGeoff Drabble Nov 2019 to now¹

Timeline

2019New chief executive Kevin Murphy becomes CEO¹
1887Founded Founded¹

Recent filings

Oct 14, 2026144
Oct 14, 2026144
Oct 14, 2026144
Oct 14, 2026144
Oct 14, 2026144
Oct 14, 20264
Oct 14, 20264
Oct 14, 20264
Oct 14, 20264
Oct 14, 20264
Oct 14, 20264
Oct 14, 20264
Oct 14, 20264
Oct 14, 20264
Oct 13, 2026144

Every filing from the last three years, summarized. The full record is on SEC EDGAR.²

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataFerguson Enterprises on Wikidata
2
SEC EDGARFerguson Enterprises filings on SEC EDGAR
3
WikipediaFerguson Enterprises on Wikipedia
4
Yahoo FinanceFERG quote
5
Wikimedia CommonsFerguson Enterprises logo by Original: Ferguson plc Vector: Benstown, Public domain
6
SEC EDGARFerguson Enterprises 10-K for fiscal 2025
7
WikipediaFerguson Enterprises on Wikipedia (revision used)
8
Wikimedia CommonsFerguson Enterprises photo by Aaron F. Stone, CC BY-SA 2.0
9
SEC EDGARFerguson Enterprises 10-KT for fiscal 2025: revenue by segment
10
SEC EDGARFerguson Enterprises 10-K for fiscal 2020
11
SEC EDGARFerguson Enterprises 10-K for fiscal 2021
12
SEC EDGARFerguson Enterprises 10-K for fiscal 2022
13
SEC EDGARFerguson Enterprises 10-K for fiscal 2019
14
SEC EDGARFerguson Enterprises 10-Q for fiscal 2025
15
SEC EDGARFerguson Enterprises 10-Q for fiscal 2026
16
SEC EDGARFerguson Enterprises 10-Q for fiscal 2026