Ferguson plc (FERG) Income Statement
FERG FY2026 at a glance
Fiscal year ended July 31, 2026 · U.S. dollarsFERG revenue and net income
Where FERG's revenue goes
FY2026Each bar shows an amount and its share of revenue. FERG kept 7.6% of revenue as net income.
FERG profit margins
FERG growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −71.6% | −33.5% | −17.4% | −6.2% |
| Gross profit | −71.3% | −33.0% | −17.2% | −5.4% |
| Operating income | −65.7% | −30.5% | −14.5% | −0.5% |
| Net income | −64.1% | −29.4% | −14.7% | −2.6% |
| EPS (diluted) | +6.6% | +4.6% | +7.9% | +11.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FERG quarterly EPS vs estimates
Ferguson beat the analyst EPS estimate in 6 of the last 8 quarters.
FERG income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.75B | $30.76B | $29.64B | $29.73B | $28.57B | $22.79B | $19.94B | $22.01B | $20.75B | $19.28B |
| Cost of revenue | $6.04B | $21.33B | $20.58B | $20.71B | $19.81B | $15.81B | $13.96B | $15.55B | $14.71B | $13.70B |
| Gross profit | $2.71B | $9.44B | $9.05B | $9.03B | $8.76B | $6.98B | $5.98B | $6.46B | $6.04B | $5.58B |
| Sales, general & admin | — | $6.38B | $6.45B | $5.92B | $5.63B | $4.74B | $4.40B | — | — | — |
| Total operating expenses | $1.82B | $6.83B | $6.40B | $6.37B | $5.94B | $5.03B | $4.61B | $5.06B | $4.68B | $4.11B |
| Operating income | $893.0M | $2.61B | $2.65B | $2.66B | $2.82B | $1.95B | $1.37B | $1.40B | $1.36B | $1.48B |
| Interest income | — | — | — | — | — | $1.0M | $10.0M | $17.0M | — | — |
| Interest expense | $52.0M | $190.0M | $179.0M | $184.0M | $111.0M | $98.0M | $93.0M | $97.0M | $67.0M | $64.0M |
| Income before taxes | $846.0M | $2.42B | $2.46B | $2.46B | $2.71B | $1.86B | $1.27B | $1.32B | $1.19B | $1.42B |
| Income taxes | $180.0M | $567.0M | $729.0M | $575.0M | $609.0M | $232.0M | $299.0M | $263.0M | $346.0M | $370.0M |
| Net income | $666.0M | $1.86B | $1.74B | $1.89B | $2.12B | $1.47B | $961.0M | $1.11B | $1.27B | $920.0M |
| EBITDA | $1.09B | $3.06B | $2.98B | $2.97B | $3.12B | $2.26B | $1.65B | $1.71B | $1.50B | $1.91B |
| EPS (diluted) | $10.61 | $9.95 | $9.69 | $9.26 | $9.82 | $7.25 | $4.26 | $4.87 | $5.47 | $3.86 |
| Gross margin | 31.0% | 30.7% | 30.5% | 30.4% | 30.7% | 30.6% | 30.0% | 29.3% | 29.1% | 29.0% |
| Operating margin | 10.2% | 8.5% | 8.9% | 8.9% | 9.9% | 8.6% | 6.9% | 6.4% | 6.6% | 7.7% |
| Net margin | 7.6% | 6.0% | 5.9% | 6.4% | 7.4% | 6.5% | 4.8% | 5.0% | 6.1% | 4.8% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.75B | $7.47B | $7.50B | $8.17B | $8.50B | $7.62B | $6.87B | $7.77B | $7.95B | $7.31B | $6.67B | $7.71B |
| Cost of revenue | $6.04B | $5.15B | $5.29B | $5.66B | $5.80B | $5.26B | $4.83B | $5.43B | $5.49B | $5.08B | $4.64B | $5.38B |
| Gross profit | $2.71B | $2.32B | $2.21B | $2.51B | $2.69B | $2.36B | $2.04B | $2.34B | $2.46B | $2.23B | $2.03B | $2.33B |
| Sales, general & admin | — | $1.61B | $1.61B | $1.64B | $1.66B | $1.59B | $1.54B | $1.58B | $1.56B | $1.53B | $1.47B | $1.51B |
| Total operating expenses | $1.82B | $1.71B | $1.61B | $1.74B | $1.77B | $1.75B | $1.63B | $1.68B | $1.65B | $1.61B | $1.55B | $1.59B |
| Operating income | $893.0M | $612.0M | $596.0M | $771.0M | $925.0M | $606.0M | $410.0M | $665.0M | $811.0M | $625.0M | $477.0M | $739.0M |
| Interest expense | $52.0M | $45.0M | $48.0M | $46.0M | $50.0M | $46.0M | $48.0M | $46.0M | $47.0M | $43.0M | $44.0M | $45.0M |
| Income before taxes | $846.0M | $560.0M | $534.0M | $712.0M | $872.0M | $557.0M | $370.0M | $624.0M | $759.0M | $581.0M | $433.0M | $691.0M |
| Income taxes | $180.0M | $146.0M | $145.0M | $142.0M | $172.0M | $147.0M | $94.0M | $154.0M | $308.0M | $138.0M | $111.0M | $172.0M |
| Net income | $666.0M | $414.0M | $389.0M | $570.0M | $700.0M | $410.0M | $276.0M | $470.0M | $451.0M | $443.0M | $322.0M | $519.0M |
| EBITDA | $997.0M | $702.0M | $679.0M | $852.0M | $1.09B | $697.0M | $510.0M | $760.0M | $893.0M | $709.0M | $557.0M | $816.0M |
| EPS (diluted) | $3.39 | $2.28 | $2.10 | $2.84 | $3.48 | $2.50 | $1.52 | $2.45 | $2.98 | $2.32 | $1.74 | $2.65 |
| Gross margin | 31.0% | 31.0% | 29.4% | 30.7% | 31.7% | 31.0% | 29.7% | 30.1% | 31.0% | 30.5% | 30.4% | 30.2% |
| Operating margin | 10.2% | 8.2% | 8.0% | 9.4% | 10.9% | 8.0% | 6.0% | 8.6% | 10.2% | 8.6% | 7.1% | 9.6% |
| Net margin | 7.6% | 5.5% | 5.2% | 7.0% | 8.2% | 5.4% | 4.0% | 6.0% | 5.7% | 6.1% | 4.8% | 6.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FERG's financial statements (latest annual report filed August 10, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FERG financial results
In fiscal year 2026 (ended July 31, 2026), Ferguson reported revenue of $8.8 billion, down 71.6% from the year before. It had net income of $666.0 million (down 64.1%), a net profit margin of 7.6%. Diluted earnings per share came to $10.61. Over five years revenue grew at an average rate of −17.4% a year.
See the FERG stock overview for the latest quote and news, or the FERG chart for price history and technical indicators.
FERG income statement FAQ
What is Ferguson's annual revenue?
Ferguson reported total revenue of $8.8 billion for fiscal year 2026, which ended on July 31, 2026. That was down 71.6% from $30.8 billion the previous year.
Is Ferguson profitable?
Yes. Ferguson reported net income of $666.0 million in fiscal 2026, a net profit margin of 7.6%; its operating margin was 10.2%.
What is Ferguson's gross margin?
Ferguson's gross margin was 31.0% in fiscal 2026: for every $100 of revenue, Ferguson kept $31 after the direct cost of its products and services.
How fast is Ferguson growing?
Revenue grew −17.4% a year on average over the last five fiscal years, from $22.8 billion to $8.8 billion.
What are Ferguson's earnings per share?
Ferguson earned $10.61 per diluted share in fiscal 2026, compared with $9.95 a year earlier.
When does Ferguson's fiscal year end?
Ferguson's fiscal year ends in July. The latest annual report covers the year ended July 31, 2026 and was filed on August 10, 2026.