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Stocks / United States / FERG · Wholesale-Hardware & Plumbing & Heating Equipment & Supplies · NYSE

Ferguson Enterprises Inc. (FERG)

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Ferguson Enterprises Inc. (FERG) reported revenue of $8.8 billion for Q2 FY2026, the quarter ended 30 June 2026. Net income was $666 million, and diluted earnings per share $3.43. The figures are the company's own, from the 10-Q it filed with the SEC on 10 August 2026.

Revenue$8.8 billion
Net income$666 million
Diluted EPS$3.43
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE28.5%
ROCE23.7%
Operating margin8.2%
Net margin5.7%
FCF margin4.4%
Interest covern/a
Debt to equity0.72
Cash conversion0.98
Share count, 1 yearn/a
Sales CAGR, 3 years2.5%
Profit CAGR, 3 years-4.4%
EPS, TTM$9.01

At the close of 21 September 2026

Price$216.14
Market cap$41.8 billion
Stock P/E23.99
Price to book6.74
EV / EBITDA15.79
Dividend yield1.6%
Market cap / sales1.36
52-week high$267.71
52-week low$214.26
Price, 1 year-5.8%
Price CAGR, 3 years12.8%
Price CAGR, 5 years8.4%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Ferguson Enterprises Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on FERG

Filings23 in twelve months: 9 current reports (8-K), about 4 results of operations; 2 shareholder vote; 1 other events; 1 material agreement; 1 new financial obligation
Planned insider sales14 Form 144 notices in twelve months, $8.5 million; latest 28 August 2026
Options tapeput/call 0.85 by open interest on 23 September 2026; the straddle prices a 5.6% move to 16 October 2026
Holders11 of the followed funds hold it; largest FMR LLC; 3 Schedule 13D or 13G filings in twelve months
Insider trading1 sale and 0 purchases on Form 4 in twelve months
Congress1 House trade disclosed in six months
Short interest5.6 million shares short, 4.14 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 9 quarters

Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q1 FY2026Q2 FY2026
Revenue7,7086,6737,3087,9467,7726,8727,6217,4728,751
Cost of revenue5,3774,6445,0765,4855,4324,8305,2625,1546,039
Gross profit2,3312,0292,2322,4612,3402,0422,3592,3182,712
Gross margin30%30%31%31%30%30%31%31%31%
SG&A1,5121,4691,5101,5751,5851,5401,5891,6071,718
Operating income739477625811665410606612893
Operating margin10%7%9%10%9%6%8%8%10%
Pre-tax income691433581759624370557560846
Tax rate25%26%24%41%25%25%26%26%21%
Net income519322443451470276410414666
Net margin7%5%6%6%6%4%5%6%8%
Diluted EPS$2.54$1.58$2.18$2.23$2.34$1.38$2.07$2.13$3.43
Operating cash flow557306644366345340682772-56.0
Capital expenditure91.010171.010977.081.077.092.0142
Free cash flow466205573257268259605680-198
Buybacks108142171213256252251236202
Dividends paid1521531603190.0158166174173
Shares outstanding200m199m197m201m200m199m197m194m193m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 4 fiscal years and the trailing twelve months

FY2022FY2023FY2024 FY2025TTM
Revenue28,56629,73429,63530,76230,716
Cost of revenue19,81020,70920,58221,32721,285
Gross profit8,7569,0259,0539,4359,431
Gross margin30.7%30.4%30.5%30.7%30.7%
Selling, general and administrative5,6355,9206,0386,3766,454
Operating income2,8202,6592,6522,6062,521
Operating margin9.9%8.9%8.9%8.5%8.2%
Interest expense111184179n/an/a
Pre-tax income2,7082,4642,4642,4232,333
Income tax609575729567567
Effective tax rate22.5%23.3%29.6%23.4%24.3%
Net income2,1221,8891,7351,8561,766
Net margin7.4%6.4%5.9%6.0%5.7%
Diluted EPS$9.69$9.12$8.53$9.32$9.01
Filing10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2022FY2023FY2024 FY2025TTM
Operating cash flow1,1492,7231,8731,9081,738
Capital expenditure290441372305392
Free cash flow8592,2821,5011,6031,346
Free cash flow margin3.0%7.7%5.1%5.2%4.4%
Depreciation and amortisation301321335373382
Share-based compensation57.051.049.028.047.0
Buybacks1,545908634948941
Dividends paid538711784489671
Dividend per share$2.50$4.16$3.12$3.28$3.44
Diluted shares, weighted219m207m204m199m194m
Shares outstanding at period endn/an/an/an/a193m
Filing10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2022FY2023FY2024 FY2025TTM
Total assetsn/a15,99416,57217,72919,303
Cash and equivalents771601571674437
Receivablesn/a3,5973,6023,9644,255
Inventoryn/a3,8984,1884,4925,101
Goodwill2,0482,2412,3572,4642,713
Long-term debtn/a3,7113,9504,1754,456
Borrowings, as the company tags themn/a3,8053,9504,1754,925
Operating lease liabilitiesn/a1,1261,1981,3671,506
Shareholders' equity4,6655,0375,6165,8326,201
Filing10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/an/a2.5%3.4%
Profit growth, compoundedn/an/a-4.4%4.7%
Return on equity, averagen/a36.4%33.4%31.8%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Filings

FilingPeriodFiledWhere
10-Q30 June 202610 August 2026EDGAR
10-Q31 March 20265 May 2026EDGAR
10-Q31 October 20259 December 2025EDGAR
10-K31 July 202526 September 2025EDGAR
10-Q30 April 20253 June 2025EDGAR
10-Q31 January 202511 March 2025EDGAR
10-Q31 October 202410 December 2024EDGAR
10-K31 July 202425 September 2024EDGAR

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