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Ferguson Enterprises FERG United States Segment — Operating Expenses

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Other financials

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

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Market cap$46.69B+8.2%
Enterprise value$51.93B+7.4%
P/E24.3×-0.3×
P/S1.5×+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×

Where this comes from

Reported directly by Ferguson Enterprises in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: Ferguson Enterprises’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ferguson Enterprises's united states segment — operating expenses?
Ferguson Enterprises (FERG) reported united states segment — operating expenses of $1.58B in Q1 2026.
How has Ferguson Enterprises's united states segment — operating expenses changed year-over-year?
Ferguson Enterprises's united states segment — operating expenses increased by 3.6% year-over-year, from $1.52B to $1.58B.
What does united states segment — operating expenses mean?
This metric encompasses the selling, general, and administrative costs required to operate the U.S. branch network, showrooms, and digital sales platforms. It includes personnel costs, facility leases, and corporate overhead allocated to the U.S. segment. It serves as a key measure of the company's operational leverage and cost discipline.