{ "ok": true, "cik": "2011641", "ticker": "FERG", "name": "Ferguson Enterprises Inc. /DE/", "filings": [ { "form": "8-K", "filed": "2026-08-14", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/2011641/000114036126033163/0001140361-26-033163-index.htm" }, { "form": "8-K", "filed": "2026-08-11", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.03 Creation of a Direct Financial Obligation", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/2011641/000155278126000433/0001552781-26-000433-index.htm" }, { "form": "10-Q", "filed": "2026-08-10", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/2011641/000201164126000040/0002011641-26-000040-index.htm" }, { "form": "8-K", "filed": "2026-08-10", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/2011641/000201164126000038/0002011641-26-000038-index.htm" }, { "form": "8-K", "filed": "2026-07-13", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/2011641/000201164126000035/0002011641-26-000035-index.htm" }, { "form": "10-Q", "filed": "2026-05-05", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/2011641/000201164126000030/0002011641-26-000030-index.htm" } ], "events12m": 9, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0002011641.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2011641" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up Ferguson Enterprises Inc. /DE/ ($FERG). Last filing: 8-K (8.01 Other Events), 2026-08-14. 9 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-07-31", "revenue": 30762000000, "revenueGrowth1y": 0.03802935717901135, "revenueGrowthPerYear": 0.02498914561296317, "yearsOfData": 4, "operatingMargin": 0.0847149080033808, "operatingMarginPrior": 0.08948878015859625, "netMargin": 0.06033417853195501, "operatingCashFlow": 1908000000, "capitalSpending": 305000000, "freeCashFlow": 1603000000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 674000000, "longTermDebt": 4175000000, "longTermDebtChange": 0.05696202531645578, "revenueHistory": [ { "fiscalYearEnd": "2022-07-31", "revenue": 28566000000 }, { "fiscalYearEnd": "2023-07-31", "revenue": 29734000000 }, { "fiscalYearEnd": "2024-07-31", "revenue": 29635000000 }, { "fiscalYearEnd": "2025-07-31", "revenue": 30762000000 } ], "totalEquity": 5832000000, "totalAssets": 17729000000, "equityRatio": 0.32895256359636754, "returnOnEquity": 0.31824417009602196, "dividendsPaid": 489000000, "payoutRatio": 0.2634698275862069, "dividendPerShare": 3.28, "dividendYearsRising": 1, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 9.33, "sharesOutstanding": 199200000, "bookValuePerShare": 29.27710843373494, "revenuePerShare": 154.4277108433735, "range80": { "low": 28531610161.260788, "high": 33030638582.34484, "baseline": 31731376371.279964, "n": 1471, "band": "b10", "bandLabel": "$10B+", "method": "v4.1", "credibility": 0.4, "growthYears": 3, "ownVolatility": 0.02430731559495675, "classVolatility": 0.06659579566308972, "volatility": 0.0538269285448569 }, "ifPaceHeld": { "low": 28531610161.260788, "high": 33030638582.34484 } }, "edgarette": "🔖 Exposure: revenue $30.8B (FY2025), total debt $4.2B. Experience: revenue up 3.8% on the year, up 2.5% a year over 3 years; operating margin 8.5%, down from 8.9%. Soundness: equity 32.9% of assets, return on equity 31.8%, payout 26.3% of profit, dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $28.5B and $33.0B next year (method v4.1: its own 3-year record of growth weighed at 40% against $10B+ filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $26.8B to $35.0B. A statistical range, not company guidance. Against peers (43 filers, $50M+ revenue, its industry group): operating margin 8.5% against a 5.0% median; growth 3.8% against 4.3%.", "peers": { "sic": 5070, "sicDescription": "Wholesale-Hardware & Plumbing & Heating Equipment & Supplies", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "50", "growth": [ 0.0427, 44 ], "opMargin": [ 0.0495, 43 ], "equityRatio": [ 0.3754, 43 ], "returnOnEquity": [ 0.0979, 41 ], "payoutRatio": [ 0.342, 23 ] }, "summary": "Ferguson Enterprises (FERG) grew revenue 3.8% in FY2025 to $30.8 billion, operating margin 8.5% against a 5.0% median for wholesale-hardware & plumbing & heating equipment & supplies, equity 32.9% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Ferguson Enterprises Inc. /DE/ against its own record and its peers
Operating marginPeer median 5.0%8.5%Revenue, on the yearPeer median 4.3%3.8%Equity of assetsPeer median 37.5%32.9%Return on equityPeer median 9.8%31.8%Payout of profitPeer median 34.2%26.3%Gold tick: the median of 23–43 peers with $50M+ revenue in wholesale-hardware & plumbing & heating equipment & supplies
", "chartHorizon": "
Handed back now, or kept to compound · of each dollar of profit
26.3% paid out73.7% keptHanded back per share$3.28up 1 year runningGrowth its own profit can fund23.4%managed 3.8% last year

Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 0, "hits": 0, "rate": null, "method": "v4", "byYear": {}, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Ferguson Enterprises (FERG) grew revenue 3.8% in FY2025 to $30.8 billion, operating margin 8.5% against a 5.0% median for wholesale-hardware & plumbing & heating equipment & supplies, equity 32.9% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-07-31", "revenue": 30762000000, "totalDebt": 4175000000, "cash": 674000000 }, "experience": { "revenueGrowth1y": 0.03802935717901135, "revenueGrowthPerYear": 0.02498914561296317, "operatingMargin": 0.0847149080033808, "operatingMarginPrior": 0.08948878015859625, "netMargin": 0.06033417853195501, "freeCashFlow": 1603000000 }, "soundness": { "equityRatio": 0.32895256359636754, "returnOnEquity": 0.31824417009602196, "payoutRatio": 0.2634698275862069, "dividendPerShare": 3.28, "dividendYearsRising": 1, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 5070, "sicDescription": "Wholesale-Hardware & Plumbing & Heating Equipment & Supplies", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "50", "growth": [ 0.0427, 44 ], "opMargin": [ 0.0495, 43 ], "equityRatio": [ 0.3754, 43 ], "returnOnEquity": [ 0.0979, 41 ], "payoutRatio": [ 0.342, 23 ] }, "credibility": { "auditedYears": 4, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-27", "signals": [], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 28531610161.260788, "high": 33030638582.34484, "baseline": 31731376371.279964, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 1471, "sizeBand": "$10B+", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.4, "growthYears": 3, "ownVolatility": 0.02430731559495675, "classVolatility": 0.06659579566308972, "pricedVolatility": 0.0538269285448569, "k": 3 }, "stress": { "low": 26754186371.07328, "high": 35026650987.94052, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 0, "hits": 0, "rate": null, "method": "v4", "byYear": {}, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": null, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0002011641.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2011641" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.062, "growth3y": 0.025, "volatility": 0.0243, "paysDividend": true, "raisedDividend": false, "equityRatio": 0.3415, "quadrant": { "code": "ss", "label": "Slow and steady", "plain": "growing slower than its size class, with steadier revenue" }, "compass": { "code": "steady", "inside": "Turns 6.2% of revenue into operating cash; revenue growing 2.5% a year over three years; pays a dividend.", "outside": "Among $10B+ companies: 25th percentile for cash, 38th for growth.", "emoji": "🐂", "label": "Steady earner", "plain": "steady and paying a dividend, with average cash" }, "band": "$10B+", "cashPctInClass": 25, "growthPctInClass": 38, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-07-31", "operating": 1908000000, "investing": -543000000, "financing": -1286000000, "capitalSpending": 305000000, "free": 1603000000, "trend": [ { "fiscalYearEnd": "2022-07-31", "operating": 1149000000, "free": 859000000 }, { "fiscalYearEnd": "2023-07-31", "operating": 2723000000, "free": 2282000000 }, { "fiscalYearEnd": "2024-07-31", "operating": 1873000000, "free": 1501000000 }, { "fiscalYearEnd": "2025-07-31", "operating": 1908000000, "free": 1603000000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-07-31", "cash": 674000000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 17729000000, "ladder": null, "currentRatio": 1.68, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.062, "growth3y": 0.025, "volatility": 0.0243, "paysDividend": true, "raisedDividend": false, "equityRatio": 0.3415, "quadrant": { "code": "ss", "label": "Slow and steady", "plain": "growing slower than its size class, with steadier revenue" }, "compass": { "code": "steady", "inside": "Turns 6.2% of revenue into operating cash; revenue growing 2.5% a year over three years; pays a dividend.", "outside": "Among $10B+ companies: 25th percentile for cash, 38th for growth.", "emoji": "🐂", "label": "Steady earner", "plain": "steady and paying a dividend, with average cash" }, "band": "$10B+", "cashPctInClass": 25, "growthPctInClass": 38, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-07-31", "operating": 1908000000, "investing": -543000000, "financing": -1286000000, "capitalSpending": 305000000, "free": 1603000000, "trend": [ { "fiscalYearEnd": "2022-07-31", "operating": 1149000000, "free": 859000000 }, { "fiscalYearEnd": "2023-07-31", "operating": 2723000000, "free": 2282000000 }, { "fiscalYearEnd": "2024-07-31", "operating": 1873000000, "free": 1501000000 }, { "fiscalYearEnd": "2025-07-31", "operating": 1908000000, "free": 1603000000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-07-31", "cash": 674000000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 17729000000, "ladder": null, "currentRatio": 1.68, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }