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Ferguson Enterprises

FERG

Ferguson is a leading value-added distributor of plumbing and HVAC products, serving the residential and non-residential construction markets in North America.

Market cap
$42.95B-4.2%
Revenue$31.0B+2.8%
Net income$1.9B+9.5%
Free cash flow$1.6B-2.7%
EPS (diluted)$9.72+12.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 10, 2026 (in a month)
Revenue estimate$8.7B
EPS estimate$3.29

Financials

Q1 2026

Income statement

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Revenue$7.5B+3.6%
Gross profit$2.3B+4.6%
Operating income$612.0M+20.7%
Net income$414.0M+20.0%
EPS (diluted)$2.13+23.1%

Balance sheet

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Cash & equivalents$844.0M+3.6%
Total debt$6.1B+1.0%
Total equity$5.9B+8.3%
Total assets$17.8B+7.6%

Cash flow

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Operating cash flow$772.0M-11.7%
CapEx$92.0M+26.0%
Free cash flow$680.0M-15.1%

Valuation & ratios

Valuation

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Market cap$42.95B-4.2%
Enterprise value$48.19B-3.8%
P/E22.3×-3.7×
P/S1.4×-0.1×

Profitability

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Gross margin30.7%+0.1pp
Operating margin8.7%-0.1pp
Net margin6.2%+0.4pp
FCF margin5.1%-0.3pp

Returns & leverage

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Return on equity34.1%+1.6pp
Debt / equity-0.1×
Current ratio1.8×0.0×

Segments

By segment

See full
United States Segment$7.1B+3.5%
Canada Segment$326.0M+5.5%

Competitors

Profile

Ferguson is a leading value-added distributor of plumbing and HVAC products, serving the residential and non-residential construction markets in North America. The company acts as a critical intermediary between a fragmented supplier base and professional contractors, providing specialized expertise and logistics for complex infrastructure projects. Its value proposition centers on same-day and next-day product availability through an extensive distribution network and digital commerce channels.

Competitive position

Ferguson is the largest distributor in its space in North America, leveraging significant scale and a dense branch network to maintain a leading position in highly fragmented markets.

GeographiesUnited States, Canada
Customer segmentsProfessional contractors, Industrial enterprises, Municipalities
Business modelValue-added distribution, B2B E-commerce, Omnichannel retail
SuppliersGlobal manufacturers of plumbing and HVAC equipment, Raw material suppliers (plastic, copper, steel), Logistics and freight providers
CustomersResidential and commercial trade professionals, General contractors, Industrial facility managers, Municipal utility operators
Listed2010
Employees36.0K
CEOKevin Murphy
FilingsSEC EDGAR

Questions, answered.

What is Ferguson Enterprises's market cap?
Ferguson Enterprises (FERG) has a market capitalization of $42.9B and trades on NYSE.
What is Ferguson Enterprises's revenue and profitability?
Ferguson Enterprises generated $31.0B in trailing twelve-month revenue with net income of $1.9B, representing a net margin of 6.2%. Gross margin stands at 30.7%, with free cash flow of $1.6B. These figures are based on the Q1 2026 filing.
Who are Ferguson Enterprises's competitors?
Ferguson Enterprises's key competitors include Core & Main, Watsco, The Home Depot, and others. These companies compete in similar markets and product categories.
What subsidiaries does Ferguson Enterprises have?
Ferguson Enterprises's subsidiaries include Wolseley.
Where is Ferguson Enterprises headquartered?
Ferguson Enterprises is headquartered in United Kingdom and employs approximately 36,000 people. It has been publicly traded since 2010.