Ferguson Enterprises (FERG) stock
Industrials · Trading Companies & Distributors
Ferguson Enterprises (FERG) is a Trading Companies & Distributors company in the Industrials sector, headquartered in Newport News, Virginia. As of October 23, 2026, FERG closed at $226.86, a market capitalization of $43.89 billion, the 257th largest company in the S&P 500. Over the last twelve months it generated $31.45 billion in revenue (+5% year over year) and $1.60 billion in free cash flow. The stock trades at 22.3x trailing earnings and 17.9x forward earnings.
- 1-year total return: -6.0% (dividends reinvested)
- 5-year return: +11.0% a year
- 52-week range: $212.13 – $271.64
- Gross margin 30.6%, operating margin 10.2%
- Dividend yield: 1.57%, 2 straight years of increases
- FI Handbook report card: C+ across 9 metrics
- 45th largest of 83 Industrials stocks in the S&P 500
FERG price chart
1Y price change: -7.4% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| FERG | +2.6% | +3.5% | -6.0% | +16.1% | +11.0% | +17.2% | +17.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2010.
FERG key statistics
- Market cap
- $43.9B
- #257 in S&P 500
- P/E (TTM)
- 22.3x
- Forward P/E
- 17.9x
- EPS (TTM)
- $10.16
- Revenue (TTM)
- $31.4B
- +5%
- Free cash flow
- $1.6B
- Gross margin
- 30.6%
- Operating margin
- 10.2%
- Return on equity
- —
- Dividend yield
- 1.57%
- 52-week range
- $212.13 – $271.64
- Beta
- 1.12
- Price / sales
- 1.4x
- EV / EBITDA
- 16.4x
- Debt / equity
- 1.11x
- Employees
- 35,000
FERG report card
C+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth4.6%D
- Gross margin30.6%C
- Operating margin10.2%C
- FCF margin5.1%D
- Return on equity——
- Net debt / EBITDA2.1xD
- Forward P/E17.9xB
- PEG ratio1.3xB
- Shareholder yield3.7%B
- Share count change / yr-3.1%A
Ferguson Enterprises financials
Revenue went from $28.6B in fiscal 2022 to $30.8B in fiscal 2025, growing 2.5% a year.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $28.6B | $29.7B | $29.6B | $30.8B |
| Gross profit | $8.8B | $9.0B | $9.1B | $9.4B |
| Operating income | $2.8B | $2.7B | $2.7B | $2.6B |
| Net income | $2.1B | $1.9B | $1.7B | $1.9B |
| EPS (diluted) | $9.69 | $9.12 | $8.53 | $9.32 |
| Free cash flow | $859.0M | $2.3B | $1.5B | $1.6B |
| Buybacks | $1.5B | $908.0M | $634.0M | $948.0M |
| Dividends paid | $538.0M | $711.0M | $784.0M | $489.0M |
| Diluted shares | 218.9M | 207.2M | 203.5M | 199.2M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into FERG?
A reverse DCF asks what growth the current price requires. With an enterprise value of $50.3B and $1.6B of trailing free cash flow, Ferguson Enterprises needs to grow free cash flow about 22.1% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 23.1% a year over the last five years.
P/E ratio history
Current 24.3x vs. median 22.6x (10th–90th percentile 14.5x–26.7x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
FERG dividend
- Dividend yield
- 1.57%
- Annual dividend
- $3.56
- Years of increases
- 2
- 5-yr dividend growth
- 3.6%
- per year
- Payout ratio
- 34%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
FERG analyst price targets
22 analysts' average 12-month target is $283.23 (+25% vs. $226.86). Targets range from $235.00 to $325.00. 63% rate it a buy.
FERG earnings
Next report: November 9, 2026. Ferguson Enterprises has beaten EPS estimates 4 quarters in a row.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 10, 2026 | $3.30 | $3.39 | +2.8% |
| May 5, 2026 | $2.19 | $2.28 | +4.3% |
| Feb 24, 2026 | $2.09 | $2.10 | +0.6% |
| Jun 3, 2025 | $2.02 | $2.50 | +24.0% |
| Mar 11, 2025 | $1.60 | $1.52 | -4.8% |
| Dec 10, 2024 | $2.61 | $2.45 | -6.2% |
| Sep 17, 2024 | $2.86 | $2.98 | +4.1% |
| Jun 4, 2024 | $2.31 | $2.32 | +0.2% |
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FERG news
- What the interest rate danger zone means for your money · Oct 14, 2026
- Ferguson Enterprises (FERG) Leans On HVAC Expansion As Undervalued View Holds · Sep 24, 2026
- Ferguson (FERG) Keeps Beating a Housing Market That Refuses to Cooperate · Sep 19, 2026
- Ferguson Stock: Is FERG Underperforming the Industrial Sector? · Sep 11, 2026
- Ferguson Completes Acquisition of FloWorks · Sep 1, 2026
FERG stock FAQ
What is FERG's market cap?
Ferguson Enterprises's market capitalization is $43.89 billion as of October 23, 2026, ranking 257th in the S&P 500.
What is FERG's P/E ratio?
FERG trades at a trailing price-to-earnings ratio of 22.3x and a forward P/E of 17.9x. Its median P/E over the period we track is 22.6x.
Does FERG pay a dividend?
Yes. Ferguson Enterprises pays $3.56 per share a year, a 1.57% yield. It has raised its dividend 2 years in a row. Dividends grew 3.6% a year over the last five years.
How much has FERG stock returned?
Including reinvested dividends, FERG returned -6.0% over one year, +11.0% a year over five years, +17.2% a year over ten years through October 23, 2026.
Is FERG stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Ferguson Enterprises must grow free cash flow about 22% a year for the next decade. Its free cash flow grew 23% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the FERG price target?
22 analysts cover FERG with an average 12-month price target of $283.23, +25% from the current price. 62% of them rate it a buy.
When does FERG report earnings?
Ferguson Enterprises is expected to report earnings on November 9, 2026. It has beaten EPS estimates 4 quarters in a row.
How many employees does Ferguson Enterprises have?
Ferguson Enterprises has about 35,000 full-time employees, or $898,463 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology