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NYSE · Industrials

Ferguson Enterprises Inc. /DE/ (FERG)

As-reported financials and SEC filings for Ferguson Enterprises Inc. /DE/. The latest annual period is FY2025. The latest reported quarter is Q4 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Ferguson Enterprises Inc. /DE/

Ferguson Enterprises Inc. is a distributor serving professionals in the North American construction market. The company provides a wide range of products and services including plumbing, heating, ventilation, air conditioning, appliances, lighting, pipes, valves, fittings, and water and wastewater solutions. It serves residential and non-residential customers through a network of distribution centers, branches, sales associates, showrooms, and e-commerce channels across the United States and Canada.

Snapshot

Revenue
$30.76B
Revenue growth (YoY)
3.8%
Net income
$1.86B
Diluted EPS
$9.32
Gross margin
30.7%
Operating margin
8.5%
Net margin
6.0%
FCF margin
5.2%
ROE
31.8%
net income / fiscal-year-end equity
P/E
21.5×
trailing when available, otherwise FY EPS
Market cap
$42.35B
Long-term debt / equity
0.64×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended July 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Ferguson Enterprises Inc. /DE/

  • Revenue grew 3.8% to $30.8B in FY2025, after a 0.3% decline the year before.
  • Operating margin is 8.5% in FY2025, -1.4 pp against 9.9% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $8.8B, up 3.0% from Q4 FY2025.
  • Free cash flow was $1.6B in FY2025, 5.2% of revenue.
  • Net income rose 7.0% to $1.9B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Ferguson Enterprises Inc. /DE/’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin30.7%
56th percentile of 466
Operating margin8.5%
61st percentile of 605
Net margin6.0%
62nd percentile of 645
FCF margin5.2%
52nd percentile of 562
Revenue growth (YoY)+3.8%
49th percentile of 668
ROE31.8%
93rd percentile of 600
P/E21.5×
43rd percentile of 434
Long-term debt / equity0.64×
61st percentile of 409
Short interest1.00d
1st percentile of 676

Ferguson Enterprises Inc. /DE/’s return on equity of 31.8% ranks in the 93rd percentile of the 600 Industrials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $1.2M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 7 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
7
+7 quant / multi-strat
Initiated / added
9
1 new, 8 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$1.12B
reported long value
InvestorAs ofPosition valueSharesChange
Baupost GroupQ2 2026$344.3M1.5MAdded
Millennium ManagementquantQ2 2026$248.3M1.0MReduced
First Eagle Investment ManagementQ2 2026$156.4M659.1KAdded
AQR Capital ManagementquantQ2 2026$102.9M434.6KReduced
Point72 Asset ManagementquantQ2 2026$84.7M356.9KAdded
Citadel AdvisorsquantQ2 2026$59.9M252.5KReduced
Markel GroupQ2 2026$42.8M180.2KAdded
Gotham Asset ManagementQ2 2026$25.8M108.9KReduced
D. E. ShawquantQ2 2026$25.1M105.6KAdded
Bridgewater AssociatesQ2 2026$10.6M44.7KAdded
Renaissance TechnologiesquantQ2 2026$10.4M43.9KAdded
Giverny CapitalQ2 2026$8.9M37.4KAdded
Two Sigma InvestmentsquantQ2 2026$760,1683.2KNew
Ruane Cunniff (Sequoia)Q2 2026$237,3301.0KHeld

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$1.2M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-28
filed 2026-09-01
Schlicher JakeChief Strategy OfficerSell5.2K$230.92$1.2M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
5.0M
settled 2026-08-14
Change vs prior
+78.9%
vs previous settlement
Days to cover
1.00
at avg daily volume
Avg daily volume
7.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-145.0M+78.9%1.00
2026-07-312.8M-7.4%2.21
2026-07-153.0M+0.1%2.34
2026-06-303.0M+14.6%2.27
2026-06-152.6M+27.1%1.80
2026-05-292.1M-28.6%1.32
2026-05-152.9M+53.0%2.08
2026-04-301.9M+6.1%1.32

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022
Revenue$30.76B$29.64B$29.73B$28.57B
Gross profit$9.44B$9.05B$9.03B$8.76B
Operating income$2.61B$2.65B$2.66B$2.82B
Net income$1.86B$1.74B$1.89B$2.12B
Diluted EPS$9.32$8.53$9.12$9.69

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022
Cash and equivalents$674.0M$571.0M$601.0M$771.0M
Current assets$10.15B$9.41B$9.08B
Total assets$17.73B$16.57B$15.99B
Current liabilities$6.03B$5.22B$5.43B
Long-term debt$3.75B$3.77B$3.71B
Total liabilities$11.90B$10.96B$10.96B
Total equity$5.83B$5.62B$5.04B$4.67B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022
Operating cash flow$1.91B$1.87B$2.72B$1.15B
Capital expenditure$305.0M$372.0M$441.0M$290.0M
Free cash flow$1.60B$1.50B$2.28B$859.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$8.75B3.0%$666.0M$3.43
Q3 FY2026$7.47B-2.0%$414.0M$2.13
Q1 FY2026$8.17B5.1%$570.0M$2.90
Q4 FY2025$8.50B6.9%$700.0M$3.55
Q3 FY2025$7.62B4.3%$410.0M$2.07
Q2 FY2025$6.87B3.0%$276.0M$1.38
Q1 FY2025$7.77B0.8%$470.0M$2.34
Q4 FY2024$7.95B$451.0M$2.23

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryWholesale-Hardware & Plumbing & Heating Equipment & Supplies
Latest annual periodFY2025 (ended July 31, 2025)
Latest reported quarterQ4 FY2026 (ended June 30, 2026)
Oldest indexed filing2024
SEC CIK2011641

Selected SEC filings

10-KT2026-02-27
View on EDGAR →
10-K2025-09-26
View on EDGAR →
10-Q2026-08-10
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
10-Q2025-12-09
View on EDGAR →
10-Q2025-06-03
View on EDGAR →
8-K2026-08-14
View on EDGAR →
8-K2026-08-11
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.