Ferguson plc's Stock Analysis

Ferguson Reports First Quarter Results and Strategic Acquisitions

Ferguson Enterprises Inc. reported first-quarter sales of $7.5 billion, reflecting a 3.6% increase year-over-year, driven by both organic revenue growth and acquisitions. The company achieved a gross margin of 31.0% and an operating margin of 8.2%, with diluted earnings per share rising 23.1% to $2.13. Ferguson completed two acquisitions during the quarter and signed agreements for three more, aiming to enhance its capabilities in water and HVAC markets. The balance sheet remains robust, with a net debt to adjusted EBITDA ratio of 1.0x.

The company declared a quarterly dividend of $0.89, set to be paid on July 8, 2026, and authorized a new $2 billion share repurchase program. Ferguson is also reviewing its secondary listing on the London Stock Exchange, which could lead to its cancellation. The CEO noted ongoing challenges in the residential market but highlighted strong performance in non-residential revenue, particularly from large capital projects. The company anticipates continued growth driven by key market trends in water infrastructure and climate solutions.

May 05, 2026 06:50:12

Ferguson plc Reports Current Events on April 30, 2026

Ferguson plc submitted a current report to the SEC on April 30, 2026, indicating the date of the earliest event reported. The filing includes the registrant's name, Ferguson Enterprises Inc., and provides a contact telephone number for inquiries.

No additional details or financial information were disclosed in this report, which may be relevant for investors tracking corporate developments and compliance with regulatory requirements.

May 04, 2026 16:15:46

Ferguson Reports Fiscal 2025 Results and Strategic Investments

Ferguson plc reported net sales of $31.3 billion for the fiscal year 2025, reflecting a 5.0% increase driven by organic growth and acquisitions. Gross margin improved to 31.0%, while operating profit rose to $2.8 billion, marking an 8.9% operating margin. Diluted earnings per share increased by 24.2% to $10.16, supported by strong cash generation of $2.2 billion in operating cash flow. The company also declared dividends totaling $3.38 per share and engaged in share repurchases amounting to $0.9 billion, maintaining a strong balance sheet with a net debt to adjusted EBITDA ratio of 1.1x.

In the fourth quarter, Ferguson's sales reached $7.5 billion, up 3.6% year-over-year, with non-residential markets performing better than the weak residential sector. The company continued to focus on strategic acquisitions, investing $276 million in eight businesses that generated substantial annualized revenue. Looking ahead, Ferguson plans to leverage its scale and capabilities to address market opportunities and enhance shareholder value, while also announcing changes in its investor relations team to further strengthen communication with shareholders.

Feb 24, 2026 06:50:22

Ferguson Reports Increased Sales and Earnings in Latest Quarter

Ferguson Enterprises Inc. reported net sales of $8.2 billion for the quarter ended October 31, 2025, marking a 5.1% increase compared to the same period last year. The company achieved a gross margin of 30.7%, which is a 60 basis point improvement from the prior year, and an operating margin of 9.4%. Diluted earnings per share rose to $2.90, a 23.9% increase year-over-year, while the company declared a quarterly dividend of $0.89, reflecting a 7% increase from the previous year. During this quarter, Ferguson completed one acquisition and repurchased $208 million in shares, maintaining a strong balance sheet with a net debt to adjusted EBITDA ratio of 1.1x.

The company experienced organic revenue growth of 4.2%, driven by strong performance in non-residential markets, which saw a 12% increase in revenue. In contrast, the residential sector remained challenging, with a slight decline in revenue. Ferguson's U.S. business reported a 5.3% increase in sales, while Canadian sales rose by 2.2%. The company continues to focus on its growth strategy, leveraging its scale and expertise to navigate the current market conditions.

Dec 09, 2025 06:50:12

Ferguson plc Files Current Report with SEC on December 3

Ferguson plc has filed a current report with the SEC, dated December 3, 2025. The report pertains to Ferguson Enterprises Inc., which is the exact name of the registrant as specified in its charter. The filing includes contact information for the company, including a telephone number. No significant events or changes were detailed in the report.

Dec 04, 2025 16:15:10

Ferguson plc Completes $750 Million Senior Notes Offering

Ferguson Enterprises Inc. has successfully completed a public offering of $750 million in 4.350% Senior Notes due in 2031. The obligations under these Notes are fully guaranteed by Ferguson UK Holdings Limited, an indirect subsidiary of the Company. The offering was conducted under an effective shelf registration statement and includes covenants that restrict the Company’s ability to incur additional secured debt and impose conditions for mergers or consolidations.

The Notes were sold under an underwriting agreement involving several financial institutions, including J.P. Morgan Securities LLC and Barclays Capital Inc. The terms of the underwriting agreement and the associated documents, including the Indenture, are available for reference. Investors are advised that the representations made in the underwriting agreement are not intended for their benefit and may not reflect the current state of the Company.

Sep 22, 2025 16:16:32

Ferguson Reports Q4 and Full Year Financial Results

Ferguson plc reported fourth quarter sales of $8.5 billion, marking a 6.9% increase from the previous year, with a gross margin of 31.7%. The operating margin improved to 10.9%, and diluted earnings per share rose by 59% to $3.55. The company declared a quarterly dividend of $0.83 per share and completed four acquisitions during the quarter. For the full fiscal year, sales reached $30.8 billion, a 3.8% increase, with a gross margin of 30.7% and diluted earnings per share of $9.32, up 9.3% from the prior year.

Ferguson also announced a change in its fiscal year-end from July 31 to December 31, effective January 1, 2026, to better align with its operational priorities. This transition will include a five-month reporting period from August 1, 2025, to December 31, 2025. The company expects mid-single digit revenue growth for the 2025 calendar year, with an adjusted operating margin anticipated between 9.2% and 9.6%. Ferguson has maintained a strong balance sheet with a net debt to adjusted EBITDA ratio of 1.1x and plans to continue its share repurchase program.

Sep 16, 2025 06:50:14

Ferguson Reports Q3 Sales Growth and Increased Dividend

Ferguson Enterprises Inc. reported third-quarter sales of $7.6 billion, reflecting a 4.3% increase compared to the previous year, driven by organic revenue growth and acquisitions. The gross margin improved to 31.0%, a 50 basis point increase from last year, while the operating margin was reported at 8.0%. The company declared a quarterly dividend of $0.83, marking a 5% increase over the prior year. Additionally, Ferguson completed three acquisitions during the quarter and executed share repurchases totaling $251 million.

The company’s financial position remains strong, with a net debt to adjusted EBITDA ratio of 1.2x. Adjusted diluted earnings per share rose to $2.50, a 7.8% increase year-over-year. However, reported diluted earnings per share decreased by 5.0% to $2.07 due to non-recurring charges related to business restructuring. Ferguson's updated guidance for the full year indicates low to mid-single digit revenue growth and an adjusted operating margin range of 8.5% to 9.0%.

Jun 03, 2025 06:50:17

Ferguson Enterprises Secures $1.5 Billion Revolving Credit Facility

Ferguson Enterprises Inc. has entered into a revolving credit agreement providing a total committed amount of $1.5 billion, which is unsecured and set to mature on April 2, 2030. The company can request an increase of up to $500 million under certain conditions, and borrowings will incur interest based on the company's debt rating. The agreement includes various covenants and requires the company to maintain a maximum net leverage ratio of 3.50 to 1.00, with a temporary increase allowed after specific acquisitions.

In conjunction with this new agreement, Ferguson terminated its previous $1.35 billion Multicurrency Revolving Facility Agreement, with no outstanding borrowings at the time of termination. The new credit facility replaces the existing one and includes customary representations, warranties, and covenants typical for such agreements.

Apr 03, 2025 16:15:54

Ferguson Reports 3% Sales Growth and Margin Decline in Q2

Ferguson Enterprises reported second quarter sales of $6.9 billion, reflecting a 3.0% increase from the previous year, driven by a 5% growth in sales volume. The company declared a quarterly dividend of $0.83, marking a 5% increase over the prior year, and completed one acquisition during the quarter, with plans for another. Share repurchases totaled $252 million, supported by a strong balance sheet with net debt to adjusted EBITDA at 1.2x.

However, the gross margin decreased to 29.7%, down 70 basis points from the prior year, and operating profit fell to $410 million, a decline of 14.0%. Adjusted diluted earnings per share also dropped by 12.7% to $1.38. The company cited persistent commodity price deflation and subdued market demand as factors contributing to the decline in operating margins, and it adjusted its full-year operating margin guidance downward to a range of 8.3% to 8.8%.

Mar 11, 2025 06:50:17