analyzeportfolio
NYSE · Industrials

Ferguson Enterprises Inc. (FERG)

As-reported financials and SEC filings for Ferguson Enterprises Inc. 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.

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
22.8×
trailing when available, otherwise FY EPS
Market cap
$44.81B
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

  • 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’s fundamentals sit among the 668 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin30.7%
56th percentile of 455
Operating margin8.5%
61st percentile of 598
Net margin6.0%
61st percentile of 630
FCF margin5.2%
51st percentile of 546
Revenue growth (YoY)+3.8%
47th percentile of 652
ROE31.8%
93rd percentile of 590
P/E22.8×
48th percentile of 406
Long-term debt / equity0.64×
60th percentile of 403
Short interest4.60d
70th percentile of 661

Ferguson Enterprises’s return on equity of 31.8% ranks in the 93rd percentile of the 590 Industrials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 18 insider sales totaling $8.3M. 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)
18
$8.3M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-10-15
filed 2026-10-16
Kevin Michael MurphySee RemarksSell1.8K$224.50$399K
2026-10-15
filed 2026-10-16
Allison StirrupChief Human Resources OfficerSell922$225.00$207K
2026-10-15
filed 2026-10-16
William T. Thees Jr.Chief Operating OfficerSell353$224.50$79K
2026-10-15
filed 2026-10-16
Jake SchlicherChief Strategy OfficerSell314$224.50$70K
2026-10-15
filed 2026-10-16
Ian T. GrahamSee RemarksSell238$224.50$53K
2026-10-15
filed 2026-10-16
Robert Anthony Camposano Jr.Senior VP - WaterworksSell185$224.50$42K
2026-10-14
filed 2026-10-16
Kevin Michael MurphySee RemarksSell685$220.63$151K
2026-10-14
filed 2026-10-16
William T. Thees Jr.Chief Operating OfficerSell217$220.63$48K
2026-10-14
filed 2026-10-16
Jake SchlicherChief Strategy OfficerSell217$220.63$48K
2026-10-14
filed 2026-10-16
Robert Anthony Camposano Jr.Senior VP - WaterworksSell201$220.63$44K
2026-10-14
filed 2026-10-16
Ian T. GrahamSee RemarksSell99$220.63$22K
2026-10-12
filed 2026-10-14
Kevin Michael MurphySee RemarksSell11.3K$216.78$2.4M

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
7.0M
settled 2026-09-30
Change vs prior
+20.2%
vs previous settlement
Days to cover
4.60
at avg daily volume
Avg daily volume
1.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-307.0M+20.2%4.60
2026-09-155.9M+5.0%4.46
2026-08-315.6M+11.6%4.14
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

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
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 (tap or hover a figure to see how it was calculated or what was 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 (tap or hover a figure to see how it was calculated or what was 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

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 (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

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 FY20256.9%
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—

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

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 →

Largest Industrials peers

All Industrials companies →

Monitor FERG

Get an alert when Ferguson Enterprises files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor FERG free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

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.