4 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 2.5% per year over the past 3 years.
Net income has grown slower than revenue (-4.4% vs 2.5% per year).
Operating margin has contracted, at 8.5% in the latest year.
Free cash flow has grown 23.1% per year over the past 3 years.
Financial health
Total debt ($4.2B) exceeds cash ($674M); net debt is $3.5B.
Total debt has grown in line with revenue (5.3% vs 2.5% per year).
Total debt is 1.4× EBITDA.
Shareholder returns
Dividends have been paid for 4 consecutive years, consuming 26.3% of earnings and 30.5% of free cash flow.
The dividend has declined 3.1% per year over the past 3 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$30.8B
$1.9B
30.7%
8.5%
31.8%
10.5%
$1.6B
$4.2B
$674M
2024
$29.6B
$1.7B
30.5%
8.9%
30.9%
10.5%
$1.5B
$4.0B
$571M
2023
$29.7B
$1.9B
30.4%
8.9%
37.5%
11.8%
$2.3B
$3.8B
$601M
2022
$28.6B
$2.1B
30.7%
9.9%
45.5%
—
$859M
—
$771M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$8.8B
$666M
31.0%
10.2%
10.7%
3.5%
-$198M
$4.9B
$437M
Mar '26
$7.5B
$414M
31.0%
8.2%
7.0%
2.3%
$680M
$4.1B
$820M
Oct '25
$8.2B
$570M
30.7%
9.4%
9.4%
3.2%
$312M
$4.1B
$526M
Jul '25
$8.5B
$700M
31.7%
10.9%
12.0%
3.9%
—
$4.2B
$674M
Jun '25
$8.4B
$634M
31.2%
10.1%
11.1%
—
$181M
—
—
Apr '25
$7.6B
$410M
31.0%
8.0%
7.4%
2.4%
—
$4.1B
$519M
Mar '25
$7.2B
$345M
30.7%
7.0%
6.4%
—
$801M
—
—
Jan '25
$6.9B
$276M
29.7%
6.0%
5.0%
1.7%
—
$4.3B
$764M
Dec '24
$4.5B
$166M
29.2%
5.6%
—
—
—
—
—
Oct '24
$7.8B
$470M
30.1%
8.6%
8.3%
2.8%
$268M
$4.0B
$601M
Jul '24
$7.9B
$451M
31.0%
10.2%
8.0%
2.7%
—
$4.0B
$571M
Apr '24
$7.3B
$443M
30.5%
8.6%
8.0%
—
—
—
—
Jan '24
$6.7B
$322M
30.4%
7.1%
5.9%
—
—
—
—
Oct '23
$7.7B
$519M
30.2%
9.6%
9.7%
—
—
—
—
Valuation over time
How the market has priced FERG against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 12.2× (Mar '23) to 25.2× (Nov '26).
The price-to-sales ratio has risen from 0.9× (Mar '23) to 1.5× (Nov '26).
The dividend yield has fallen from 2.1% (Mar '23) to 1.0% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is FERG growing its revenue and profit?
Over the past 3 years, Ferguson Enterprises Inc. /De/'s revenue has grown 2.5% per year, and net income declined 4.4% per year. These are computed facts, not advice.
How much debt does FERG have?
As of FY2025, Ferguson Enterprises Inc. /De/ reported $4.2B of total debt against $674M of cash.
What is FERG's profit margin?
In FY2025, gross margin was 30.7%, operating margin 8.5%, and net margin 6.0%.
What is FERG's P/E ratio?
Ferguson Enterprises Inc. /De/'s P/E (TTM) is 25.22 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the FERG stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 25.2× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.