Ferguson plc (FERG) is listed on NYSE and operates in the Industrial - Distribution industry (Industrials sector).
Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also distributes pipes, valves, fittings, plumbing supplies, water heaters, kitchen and bathroom fixtures, and appliances; heating, ventilation, air conditioning, and refrigeration products and supplies; and plumbing parts and supplies, fire sprinkler systems, hangers, struts, and fasteners. In addition, it distributes water meters and automation products, irrigation and drainage products, geosynthetics, and stormwater management products; flanges, general industrial maintenance repair and operations products, high density polyethylene products, and fabrication products; water and wastewater treatment products; and PVF solutions. Further, the company offers services, including consultation, advice and project management, pro pick-up, and delivery services; online tools; quotation, jobsite delivery and logistics, project management, and fabrication services; digitally enhanced estimation, and design services; advanced metering infrastructure services; and supply chain and equipment rental services. The company also sells its products through online channels. It operates a network of 1,679 branches and 11 distribution centers. Ferguson plc was founded in 1887 and is headquartered in Wokingham, the United Kingdom.
| Rating | Analysts |
|---|---|
| Strong Buy | 0 |
| Buy | 11 |
| Hold | 3 |
| Sell | 0 |
| Strong Sell | 0 |
Ferguson plc is a distributor of plumbing and heating products, primarily operating in the United States and Canada. The company serves various markets, including residential, commercial, civil/infrastructure, and industrial sectors. Its product offerings include plumbing and heating solutions, pipes, valves, fittings, water heaters, kitchen and bathroom fixtures, and appliances. Additionally, Ferguson provides heating, ventilation, air conditioning, and refrigeration products, as well as fire sprinkler systems, hangers, struts, and fasteners. The company also supplies water meters, automation products, irrigation and drainage products, geosynthetics, stormwater management products, and water and wastewater treatment solutions. Ferguson offers a range of services such as consultation, project management, logistics, and equipment rental. It also provides online tools, estimation, design, and advanced metering infrastructure services. The company operates through a network of 1,679 branches and 11 distribution centers and sells its products via online channels. Founded in 1887, Ferguson plc is headquartered in Wokingham, United Kingdom.
Over the past three fiscal years, the company has experienced an inconsistent revenue trajectory, growing at a modest 1.7% CAGR from $29.73 billion in 2023 to $30.76 billion in 2025. Despite this growth, profitability metrics have shown mixed results. The gross margin consistently increased by 0.3pp, reaching 30.7% in 2025, indicating some efficiency in cost management. However, both operating and net margins experienced slight declines, with operating margin decreasing by 0.5pp to 8.5% and net margin falling by 0.3pp to 6.0%, suggesting challenges in maintaining profitability as costs or competitive pressures may have risen. Earnings per share (EPS) also showed inconsistency, with a slight increase from $9.12 to $9.32, reflecting the impact of revenue fluctuations and margin pressures. Cash generation has been under pressure, with operating cash flow (OCF) and free cash flow (FCF) both declining significantly, with OCF dropping from $2.72 billion to $1.91 billion and FCF from $2.28 billion to $1.60 billion, highlighting potential issues in cash conversion or increased capital expenditures. Net debt has consistently increased, rising from $4.59 billion to $5.29 billion, which could indicate increased leverage or reduced cash reserves. Despite these challenges, the company has maintained a strong interest coverage ratio of 14.1x, suggesting it remains capable of meeting its interest obligations comfortably. Additionally, the company has reduced its share count by 3.9%, which has likely helped to support EPS growth despite the operational challenges.
Recent news for Ferguson plc centers around insider and institutional trading activity, alongside upcoming financial disclosures. Allspring Global Investments Holdings LLC notably increased its stake by purchasing 29,180 shares, while Caxton Associates LLP initiated a new position valued at approximately $310,000. Additionally, Dudley & Shanley Inc. boosted its holdings, reflecting continued institutional interest in Ferguson. Massachusetts Financial Services Co. MA holds a significant position worth $195.39 million, having added 2,940 shares recently. These transactions suggest ongoing confidence among institutional investors in Ferguson's prospects. In terms of financial disclosures, Ferguson is set to release its first-quarter results on May 5, 2026, which will provide further insights into the company's performance and future guidance. Meanwhile, Ferguson Enterprises Inc. has filed definitive proxy materials and a transition report, indicating routine corporate governance activities. The company's stock has experienced a 13.6% decline over the past four weeks, as reported by Zacks Investment Research, hinting at potential market volatility. These developments collectively highlight a period of strategic positioning by investors ahead of Ferguson's upcoming earnings announcement.