Ferguson Enterprises Inc. /DE/
Business
Ferguson Enterprises is the largest value-added distributor serving water and air specialized professionals in the North American residential and non-residential construction market. The company provides plumbing, HVAC, appliances, lighting, pipes, valves, fittings, water and wastewater solutions through distribution centers, branches, counter service, expert sales associates, showrooms and e-commerce. Ferguson operates through two reportable geographic segments: the United States operating under the Ferguson brand with a substantial branch network, and Canada operating under the Wolseley brand, serving a large supplier base and over one million unique products annually.
Summary from 10-K filed 2025-09-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 |
|---|---|---|---|---|---|
| Net sales | 30,762 | 29,635 | 29,734 | 28,566 | |
| Cost of sales | −21,327 | −20,582 | −20,709 | −19,810 | |
| Gross profit | 9,435 | 9,053 | 9,025 | 8,756 | |
| Selling, general and administrative expenses | −6,376 | −6,038 | −5,920 | −5,635 | |
| Restructuring and impairment expenses | −80 | −28 | −125 | — | |
| Depreciation and amortization | −373 | −335 | −321 | −301 | |
| Operating profit | 2,606 | 2,652 | 2,659 | 2,820 | |
| Interest expense, net | −190 | −179 | −184 | — | |
| Other income (expense), net | 7 | −9 | −11 | −1 | |
| Income before income taxes | 2,423 | 2,464 | 2,464 | 2,708 | |
| Provision for income taxes | −567 | −729 | −575 | −609 | |
| Net income | 1,856 | 1,735 | 1,889 | 2,122 | |
| Earnings per share, Basic (in usd per share) | 9.33 | 8.55 | 9.15 | 9.75 | |
| Earnings per share, Diluted (in usd per share) | 9.32 | 8.53 | 9.12 | 9.69 | |
| Basic (in shares) | 199 | 203 | 206 | 218 | |
| Diluted (in shares) | 199 | 204 | 207 | 219 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 674 | 571 | 601 | 771 | — | |
| Accounts receivable, less allowances of $24 and $21, respectively | 3,964 | 3,602 | 3,597 | — | — | |
| Inventories | 4,492 | 4,188 | 3,898 | — | — | |
| Prepaid and other current assets | 945 | 1,020 | 953 | — | — | |
| Assets held for sale | 71 | 29 | 28 | — | — | |
| Total current assets | 10,146 | 9,410 | 9,077 | — | — | |
| Property, plant and equipment, net | 1,846 | 1,752 | 1,595 | — | — | |
| Operating lease right-of-use assets | 1,763 | 1,565 | 1,474 | — | — | |
| Deferred income taxes, net | 225 | 181 | 300 | — | — | |
| Goodwill | 2,464 | 2,357 | 2,241 | 2,048 | — | |
| Other intangible assets, net | 726 | 753 | 783 | — | — | |
| Other non-current assets | 559 | 554 | 524 | — | — | |
| Total assets | 17,729 | 16,572 | 15,994 | — | — | |
| Accounts payable | 3,577 | 3,410 | 3,408 | — | — | |
| Short-term debt | 400 | 150 | 55 | — | — | |
| Current portion of operating lease liabilities | 447 | 395 | 366 | — | — | |
| Other current liabilities | 1,578 | 1,261 | 1,516 | — | — | |
| Liabilities held for sale | 26 | 0 | — | — | — | |
| Total current liabilities | 6,028 | 5,216 | 5,429 | — | — | |
| Long-term debt | 3,752 | 3,774 | 3,711 | — | — | |
| Long-term portion of operating lease liabilities | 1,367 | 1,198 | 1,126 | — | — | |
| Other long-term liabilities | 750 | 768 | 691 | — | — | |
| Total liabilities | 11,897 | 10,956 | 10,957 | — | — | |
| Common stock, par value $0.0001; 500,000,000 shares authorized; 201,343,253 and 0 shares issued, respectively | 0 | 0 | — | — | — | |
| Paid-in capital | 926 | 864 | 809 | — | — | |
| Retained earnings | 6,776 | 9,589 | 8,557 | — | — | |
| Treasury shares, 4,759,053 and 30,827,929 shares, respectively at cost | −899 | −3,936 | −3,425 | — | — | |
| Accumulated other comprehensive loss | −971 | −931 | −888 | — | — | |
| Total stockholders' equity | 5,832 | 5,616 | 5,037 | 4,665 | 5,003 | |
| Total liabilities and stockholders' equity | 17,729 | 16,572 | 15,994 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 |
|---|---|---|---|---|---|
| Depreciation and amortization | 373 | 335 | 321 | 301 | |
| Share-based compensation | 28 | 49 | 51 | 57 | |
| Non-cash impact of impairments | 0 | 0 | 125 | 15 | |
| Changes in deferred income taxes | −39 | 125 | −104 | 41 | |
| Changes in inventories | −273 | −252 | 607 | −927 | |
| Changes in receivables and other assets | −321 | −98 | −1 | −780 | |
| Changes in accounts payable and other liabilities | 278 | 11 | −196 | 436 | |
| Changes in income taxes payable | 7 | −45 | 24 | −103 | |
| Other operating activities | −1 | 13 | 11 | 10 | |
| Net cash provided by operating activities of continuing operations | 1,908 | 1,873 | 2,727 | 1,149 | |
| Net cash used in operating activities of discontinued operations | 0 | 0 | −4 | 0 | |
| Net cash provided by operating activities | 1,908 | 1,873 | 2,723 | 1,149 | |
| Purchase of businesses acquired, net of cash acquired | −301 | −260 | −616 | −650 | |
| Capital expenditures | −305 | −372 | −441 | −290 | |
| Other investing activities | 63 | 31 | 3 | −6 | |
| Net cash used in investing activities | −543 | −601 | −1,054 | −922 | |
| Purchase of treasury shares | −948 | −634 | −908 | −1,545 | |
| Proceeds from sale of treasury shares | 0 | 17 | 17 | 13 | |
| Repayments of debt | −4,400 | −2,110 | −2,930 | −575 | |
| Proceeds from debt | 4,621 | 2,255 | 2,775 | 2,019 | |
| Change in bank overdrafts | 4 | −16 | −15 | −4 | |
| Cash dividends | −489 | −784 | −711 | −538 | |
| Other financing activities | −74 | −41 | −35 | −22 | |
| Net cash used in financing activities | −1,286 | −1,313 | −1,807 | −744 | |
| Change in cash, cash equivalents and restricted cash | 79 | −41 | −138 | −517 | |
| Effects of exchange rate changes | 3 | −3 | 22 | −40 | |
| Cash paid for income taxes | 601 | 651 | 656 | — | |
| Cash paid for interest | 189 | 188 | 182 | 94 | |
| Accrued capital expenditures | 14 | 6 | 17 | 16 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Ferguson Enterprises Inc. /DE/'s CIK number?
Ferguson Enterprises Inc. /DE/'s SEC CIK number is 0002011641 (2011641). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Ferguson Enterprises Inc. /DE/'s SEC filings?
All of Ferguson Enterprises Inc. /DE/'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Ferguson Enterprises Inc. /DE/ last report earnings?
Ferguson Enterprises Inc. /DE/ (FERG) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0002011641-26-000028). This is Ferguson Enterprises Inc. /DE/'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Ferguson Enterprises Inc. /DE/'s most recent earnings 8-K?
Ferguson Enterprises Inc. /DE/'s latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0002011641-26-000028. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Ferguson Enterprises Inc. /DE/'s latest earnings 8-K →
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