Ferguson Enterprises Inc. (FERG)
Industrials · Trading Companies & Distributors · US stock · S&P 500 component
$226.86
▼ -0.45 (0.20%)
Fair valueFair
$258 +13.7% to fair value
$129fair band $220–$313$388
Day's range
$223.18 – $228.18
52-week range
$212.13 – $271.64
About Ferguson Enterprises Inc.
Ferguson is a distributor of plumbing, heating, cooling, waterworks and related products, serving contractors, builders and facilities operators mainly in the United States. It buys products from many manufacturers and sells them through branches, distribution centers and online, together with delivery and technical support. Revenue comes from product sales, and results follow trends in residential and commercial construction, repair and maintenance spending.
The company reported revenue of $32.5 billion over the last twelve months. Revenue growth over three years averaged 2.5% a year. Operating margin is 9.7% and return on invested capital is 27%. Net debt to EBITDA is 0.9 times. It pays a dividend with a yield of 1.6%. The X-Ray Score is 56 out of 100. These figures describe past results as reported and are a factual snapshot, not a forecast. Some measures, such as margins for real estate trusts and banks, are defined differently from those of industrial firms, so comparisons should be made with care.
Price chart
52-wk range $212.13 – $271.64Volume 969,096Daily, split-adjusted
Vitals
Market cap$44.2B
52-week range$212.13 – $271.64
Volume (last day)969,096
P/E (TTM)19.3
EBIT / EV yield6.6%
Free-cash-flow yield3.7%
Dividend yield1.6%
Revenue (TTM)$32.5B
Net income (TTM)$2.3B
Operating margin9.7%
Return on capital27.1%
Debt incl. leases$4.1B
Cash & securities$820M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$258middle half of models $242 – $274
Fair
+13.7% to fair value
Average of the 15 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $227
Undervalued < $220Fair $220 – $313Overvalued > $313
P/E multiple
$232
P/B multiple
$227
P/S multiple
$271
EV/EBITDA multiple
$276
EV/EBIT multiple
$269
EV/revenue multiple
$269
10-year DCF, EBITDA exit
$274
5-year DCF, EBITDA exit
$266
10-year DCF, revenue exit
$273
5-year DCF, revenue exit
$265
10-year DCF, growth exit
$248
5-year DCF, growth exit
$236
Dividend discount, stable
$166
Dividend discount, multi-stage
$330
Earnings power value
$275
Growth the price implies
6.6%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Strong
72/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield6.6%
Free-cash-flow yield3.7%
Fair value vs price1.1×
Growth
Weak
40/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)2.5%
EPS growth (3y)-1.3%
Growth consistency67%
Profitability
Fair
59/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital27.1%
Operating margin9.7%
Gross profitability57.0%
Financial health
Fair
65/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA0.9×
Interest coverNo interest cost
Dividends
Weak
22/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.6%
Dividends vs free cash flow42%
Dividend growth-3.1%
Quarterly results: last 6 quarters
-4.1%
Apr '25
+7.6%
Jun '25
+23.6%
Jul '25
+13.3%
Oct '25
-2.0%
Mar '26
+4.6%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $8.8B, diluted EPS $3.43.
Compare with peers
FAST Fastenal Co53 URI United Rentals, Inc.50Other Trading Companies & Distributors companies by X-Ray Score.
SWOT analysis: Ferguson Enterprises Inc.
Strengthsinside the company
- Return on invested capital is 27.1%, against a median of 14.9% for sector peers.
- Operating profit covers interest 50x, so debt costs are a small drag.
Weaknessesinside the company
- Operating margin of 9.7% is thin against 17.5% for sector peers.
Opportunitiesvaluation and setting
- Trades at 19.1x earnings, 35% below the 29.3x median of sector peers.
Threatsvaluation and setting
- No specific threat is flagged by our checks; general market and interest-rate risk still applies.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare FERG with peers and sector
Medians of 80 Industrials peers and of 80 Industrials stocks in our universe.
Largest peers (X-Ray Score): CAT 43, GE 49, RTX 51, GEV 50, UNP 45, DE 43.
| Metric | FERG | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 56 | 50 | 50 |
| Valuation | 72 | 44 | 44 |
| Growth | 40 | 51 | 51 |
| Profitability | 59 | 50 | 50 |
| Financial health | 65 | 49 | 49 |
| Dividends | 21 | 53 | 53 |
Sector leaders: highest X-Ray Score in Industrials
FERG ranks #23 of 81 in Industrials by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for FERG
Each factor is rated by where FERG stands among the 81 Industrials stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 10 Good · 5 Average · 8 Bad of 23
Growth: 0 · 1 · 2
Profitability: 2 · 0 · 3
Financial strength: 3 · 1 · 0
Valuation: 3 · 2 · 0
Cash flow: 1 · 0 · 3
Efficiency: 1 · 1 · 0
| Factor | FERG | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +2.5% | Bad beats 33% | +5.6% | – | – |
| Revenue growth, last year | +3.8% | Average beats 44% | +4.5% | +3.8% | ≈ In line |
| EPS growth, 3 years a year | −1.3% | Bad beats 29% | +5.7% | – | – |
| Profitability | |||||
| Gross margin | 31.2% | Bad beats 24% | 38.0% | 30.6% | ≈ In line |
| Operating margin | 9.7% | Bad beats 24% | 17.5% | 8.9% | ≈ In line |
| Net margin | 7.1% | Bad beats 24% | 12.8% | 6.2% | ≈ In line |
| Return on invested capital | 27.1% | Good beats 77% | 14.9% | – | – |
| Return on equity | 39.5% | Good beats 79% | 23.7% | 34.7% | ▲ Better |
| Financial strength | |||||
| Net debt / EBITDA | 0.9x | Good beats 75% | 1.8x | 1.1x | ≈ In line |
| Interest cover | 50.0x | Good beats 76% | 21.4x | 14.8x | ▲ Better |
| Current ratio | 1.78 | Good beats 79% | 1.25 | 1.68 | ≈ In line |
| Piotroski F-score | 6 / 9 | Average beats 41% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 19.1x | Good beats 81% | 28.9x | 20.8x | ≈ In line |
| Price / book | 7.5x | Average beats 40% | 6.2x | 7.1x | ≈ In line |
| Price / sales | 1.4x | Good beats 85% | 3.5x | 1.3x | ≈ In line |
| EV / EBITDA | 13.5x | Good beats 81% | 18.5x | 16.1x | ▲ Better |
| Free cash flow yield | 3.7% | Average beats 43% | 3.8% | 3.5% | ≈ In line |
| Cash flow | |||||
| Free cash flow margin | 5.1% | Bad beats 11% | 13.8% | 5.1% | ≈ In line |
| Cash from operations / net income | 0.86 | Bad beats 3% | 1.39 | 1.05 | ▼ Worse |
| Free cash flow growth, 3 years a year | +23.1% | Good beats 71% | +14.5% | – | – |
| Accruals (lower is better) | +1.8% | Bad beats 3% | −3.2% | – | – |
| Efficiency | |||||
| Inventory turnover | 4.8x | Average beats 66% | 4.0x | 4.9x | ≈ In line |
| Days sales outstanding | 41 days | Good beats 77% | 57 days | 44 days | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 9 Good · ● 3 Average · ● 4 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Altman Z''Good
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Good
Revenue growth (3y)Average
Growth consistencyBad
Balance sheet
Current ratioGood
Net debt / EBITDAGood
Interest coverGood
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginBad
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 57/100.
Financials
| FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|
| Revenue | $28.6B | $29.7B | $29.6B | $30.8B |
| Operating income | $2.8B | $2.7B | $2.7B | $2.6B |
| Net income | $2.1B | $1.9B | $1.7B | $1.9B |
| Operating cash flow | $1.1B | $2.7B | $1.9B | $1.9B |
| Operating margin | 9.9% | 8.9% | 8.9% | 8.5% |
| Free cash flow | $859M | $2.3B | $1.5B | $1.6B |
| Diluted EPS | $9.69 | $9.12 | $8.53 | $9.32 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
8 bullish · 4 neutral · 4 bearish
Weekly
Bearish
4 bullish · 1 neutral · 7 bearish
Monthly
Neutral
4 bullish · 1 neutral · 3 bearish
Moving averages (daily)
| SMA 10 | 226.2 | Bullish |
| EMA 10 | 226.1 | Bullish |
| SMA 20 | 223.9 | Bullish |
| EMA 20 | 224.8 | Bullish |
| SMA 50 | 225.8 | Bullish |
| EMA 50 | 226.2 | Bullish |
| SMA 100 | 230.0 | Bearish |
| EMA 100 | 229.3 | Bearish |
| SMA 200 | 236.3 | Bearish |
| EMA 200 | 230.3 | Bearish |
Oscillators (daily)
| RSI (14) | 53.62 | Neutral |
| MACD (12, 26) | 0.94 | Bullish |
| Momentum (12) | 5.49 | Bullish |
| Stochastic %K (14) | 63.84 | Neutral |
| Williams %R (14) | -36.16 | Neutral |
| CCI (20) | 52.35 | Neutral |
Pivot points (classic, last session)
S3 219.0 | S2 221.1 | S1 224.0 | Pivot 226.1 | R1 229.0 | R2 231.1 | R3 234.0 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
3.56 USD
Yield on today's price
1.57%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.8900 | |
| 0.8900 | |
| 0.8900 | |
| 0.8900 | |
| 0.8300 | |
| 0.8300 | |
| 0.8300 | |
| 0.8300 | |
| 0.7900 | |
| 0.7900 | |
| 0.7900 | |
| 0.7900 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold FERG
| ETF | Share of the fund |
|---|---|
| PHO Invesco Water Resources | 6.89% |
| NULV Nuveen ESG Large-Cap Value | 0.98% |
| VOE Vanguard Mid-Cap Value | 0.79% |
| FIDU Fidelity MSCI Industrials Index | 0.65% |
| VIS Vanguard Industrials | 0.63% |
| DUHP DFA Investment Dimensions Group Inc. | 0.62% |
| VXF Vanguard Extended Market | 0.54% |
| IYJ iShares U.S. Industrials | 0.54% |
The eight funds with the largest weight in FERG among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
FERG SEC filings
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Entered a material agreement
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Regulation FD disclosure
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Shareholder vote results
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.