Summary
Ferguson Enterprises Inc. (FERG) reported a solid fiscal year 2025, with net sales increasing by 3.8% to $30.8 billion, driven by higher sales volume and strategic acquisitions. While operating profit saw a slight decrease of 1.7% to $2.6 billion, this was primarily attributed to $80 million in non-recurring restructuring expenses. Excluding these one-time costs, adjusted operating profit saw a modest increase of 0.6%, reflecting management's success in capturing value and favorable supplier pricing. Diluted earnings per share rose by 9.3% to $9.32, or 2.6% on an adjusted basis, boosted by share repurchases and a favorable tax adjustment related to corporate restructuring. The company continues to demonstrate strong operational performance, with net cash provided by operating activities increasing by 1.9% to $1.9 billion. Ferguson's strategic focus on expanding its distribution network, with 1,519 branches in the U.S. and 227 in Canada, and its commitment to both residential and non-residential markets, position it well for continued growth. The company also remains active in capital allocation, investing $301 million in acquisitions and $305 million in capital expenditures, while also returning capital to shareholders through dividends and share repurchases.
Financial Highlights
50 data points| Revenue | $30.76B |
| Cost of Revenue | $21.33B |
| Gross Profit | $9.44B |
| SG&A Expenses | $6.38B |
| Operating Income | $2.61B |
| Net Income | $1.86B |
| EPS (Basic) | $9.33 |
| EPS (Diluted) | $9.32 |
| Shares Outstanding (Basic) | 198.90M |
| Shares Outstanding (Diluted) | 199.20M |
Key Highlights
- 1Net sales grew 3.8% to $30.8 billion, driven by sales volume and acquisitions.
- 2Operating profit was $2.6 billion, a slight decrease of 1.7% due to restructuring costs, but adjusted operating profit increased 0.6%.
- 3Diluted Earnings Per Share (EPS) increased by 9.3% to $9.32.
- 4Net cash provided by operating activities rose by 1.9% to $1.9 billion.
- 5The company made significant investments in acquisitions ($301 million) and capital expenditures ($305 million).
- 6Ferguson continues to expand its extensive distribution network, operating 1,519 branches in the U.S. and 227 in Canada.
- 7The company is actively returning capital to shareholders, with $948 million in share repurchases and $489 million in dividends paid during fiscal year 2025.