Upcoming Dividend • May 08
Upcoming dividend of US$0.89 per share Eligible shareholders must have bought the stock before 15 May 2026. Payment date: 08 July 2026. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.4%). Announcement • May 06
Ferguson Enterprises Inc. Reaffirms Earnings Guidance for the Full Year Ending December 31, 2026 Ferguson Enterprises Inc. reaffirmed earnings guidance for the full year ending December 31, 2026. For the year, the company expected net sales to be Low to mid-single digit growth. Reported Earnings • May 06
First quarter 2026 earnings: EPS exceeds analyst expectations First quarter 2026 results: EPS: US$2.13 (up from US$2.07 in 1Q 2025). Revenue: US$7.47b (down 2.0% from 1Q 2025). Net income: US$414.0m (up 1.0% from 1Q 2025). Profit margin: 5.5% (up from 5.4% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.0%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 03
Ferguson Enterprises Inc. announces Quarterly dividend, payable on July 08, 2026 Ferguson Enterprises Inc. announced Quarterly dividend of USD 0.8900 per share payable on July 08, 2026, ex-date on May 15, 2026 and record date on May 15, 2026. Announcement • Mar 18
Ferguson Enterprises Inc., Annual General Meeting, Apr 30, 2026 Ferguson Enterprises Inc., Annual General Meeting, Apr 30, 2026. Announcement • Mar 05
Ferguson Enterprises Inc. to Report Q1, 2026 Results on May 05, 2026 Ferguson Enterprises Inc. announced that they will report Q1, 2026 results at 8:30 AM, US Eastern Standard Time on May 05, 2026 Board Change • Mar 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Jim Metcalf was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Feb 28
Upcoming dividend of US$0.89 per share Eligible shareholders must have bought the stock before 06 March 2026. Payment date: 30 April 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (5.2%). Lower than average of industry peers (2.1%). Reported Earnings • Feb 25
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: US$10.18 (up from US$8.19 in FY 2024). Revenue: US$31.3b (up 5.0% from FY 2024). Net income: US$2.01b (up 22% from FY 2024). Profit margin: 6.4% (up from 5.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Feb 24
Ferguson Enterprises Inc. Provides Earnings Guidance for the Period from January 1, 2026 to December 31, 2026 Ferguson Enterprises Inc. provided earnings guidance for the Period from January 1, 2026 to December 31, 2026. The company expects net sales to be Low to mid-single digit growth. Announcement • Feb 19
Ferguson Enterprises Inc. Declares Quarterly Dividend, Payable on April 30, 2026 On February 18, 2026, the Ferguson Enterprises Inc. board of directors declared a dividend of $0.89 per share. The timetable for payment of the dividend is as follows: Ex-dividend date: March 6, 2026. Record date: March 6, 2026. Currency election deadline for Depositary Interest holders: April 1, 2026 . Payment date: April 30, 2026. Upcoming Dividend • Dec 26
Upcoming dividend of US$0.89 per share Eligible shareholders must have bought the stock before 02 January 2026. Payment date: 27 February 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (2.3%). Declared Dividend • Dec 11
First quarter dividend of US$0.89 announced Shareholders will receive a dividend of US$0.89. Ex-date: 2nd January 2026 Payment date: 27th February 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 9.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Dec 10
First quarter 2026 earnings: EPS exceeds analyst expectations First quarter 2026 results: EPS: US$2.91 (up from US$2.34 in 1Q 2025). Revenue: US$8.17b (up 5.1% from 1Q 2025). Net income: US$570.0m (up 21% from 1Q 2025). Profit margin: 7.0% (up from 6.0% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Nov 20
Ferguson Enterprises Inc. to Report Q3, 2025 Results on Dec 09, 2025 Ferguson Enterprises Inc. announced that they will report Q3, 2025 results at 6:45 AM, US Eastern Standard Time on Dec 09, 2025 Recent Insider Transactions • Oct 16
CEO, President & Director recently sold UK£1.5m worth of stock On the 13th of October, Kevin Murphy sold around 9k shares on-market at roughly UK£176 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Kevin's only on-market trade for the last 12 months. Announcement • Sep 18
Ferguson Enterprises Inc., Annual General Meeting, Apr 30, 2026 Ferguson Enterprises Inc., Annual General Meeting, Apr 30, 2026. Announcement • Sep 17
Ferguson Enterprises Inc. to Report Q1, 2026 Results on Dec 09, 2025 Ferguson Enterprises Inc. announced that they will report Q1, 2026 results at 8:30 AM, US Eastern Standard Time on Dec 09, 2025 Reported Earnings • Sep 16
Full year 2025 earnings released: EPS: US$9.33 (vs US$8.55 in FY 2024) Full year 2025 results: EPS: US$9.33 (up from US$8.55 in FY 2024). Revenue: US$30.8b (up 3.8% from FY 2024). Net income: US$1.86b (up 7.0% from FY 2024). Profit margin: 6.0% (up from 5.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Sep 16
Ferguson Enterprises Inc. Provides Earnings Guidance for the Calendar Year of January 1 to December 31, 2025 Ferguson Enterprises Inc. provided earnings guidance for the Calendar year of January 1 to December 31, 2025. For the year 2025, the company expected Net sales to be Mid-single digit growth. Declared Dividend • Sep 15
Third quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 26th September 2025 Payment date: 7th November 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Sep 12
Ferguson Enterprises Inc. Declares Dividend, Payable on November 7, 2025 On September 11, 2025, Ferguson Enterprises Inc. board of directors declared a dividend of $0.83 per share. The ex-dividend date and record date are September 26, 2025, and the payment date is November 7, 2025. Buy Or Sell Opportunity • Jul 11
Now 20% undervalued Over the last 90 days, the stock has risen 34% to UK£164. The fair value is estimated to be UK£205, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.3%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Upcoming Dividend • Jun 16
Upcoming dividend of US$0.83 per share Eligible shareholders must have bought the stock before 20 June 2025. Payment date: 06 August 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (2.5%). Buy Or Sell Opportunity • Jun 13
Now 20% undervalued Over the last 90 days, the stock has risen 27% to UK£157. The fair value is estimated to be UK£196, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.3%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Reported Earnings • Jun 03
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$2.07 (down from US$2.19 in 3Q 2024). Revenue: US$7.62b (up 4.3% from 3Q 2024). Net income: US$410.0m (down 7.4% from 3Q 2024). Profit margin: 5.4% (down from 6.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.8%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Declared Dividend • Jun 02
Second quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 20th June 2025 Payment date: 6th August 2025 Dividend yield will be 2.0%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 30
Ferguson Enterprises Inc. Declares Dividend, Payable on August 6, 2025 On May 29, 2025, the Ferguson Enterprises Inc. board of directors declared a dividend of $0.83 per share. The timetable for payment of the dividend is as follows: Ex-dividend date: June 20, 2025; Record date: June 20, 2025 and Payment date: August 6, 2025. Announcement • Apr 16
Ferguson Enterprises Inc. (NYSE:FERG) acquired National Fire Equipment Limited. Ferguson Enterprises Inc. (NYSE:FERG) acquired National Fire Equipment Limited on April 14, 2025.
Ferguson Enterprises Inc. (NYSE:FERG) completed the acquisition of National Fire Equipment Limited on April 14, 2025. Declared Dividend • Mar 14
Second quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 21st March 2025 Payment date: 6th May 2025 Dividend yield will be 2.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 41% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 12
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: EPS: US$1.38 (down from US$1.58 in 2Q 2024). Revenue: US$6.87b (up 3.0% from 2Q 2024). Net income: US$276.0m (down 14% from 2Q 2024). Profit margin: 4.0% (down from 4.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.7%. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Jan 13
Ferguson Enterprises Inc. Announces Change of Title of Bill Thees from SVP to COO, Effective February 1, 2025 On January 8, 2025, Ferguson Enterprises Inc. announced that, effective February 1, 2025, the title of Bill Thees, age 58, will change from “Senior Vice President” to “Chief Operating Officer” to reflect an expansion of his oversight responsibilities over the coming months to include the Company’s supply chain and facilities functions. Recent Insider Transactions • Dec 26
Independent Non-Executive Director recently bought 10m worth of stock On the 18th of December, Brian May bought around 686 shares on-market at roughly 14,584 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth 38m. Despite this recent purchase, insiders have collectively sold 311m more in shares than they bought in the last 12 months. Declared Dividend • Dec 13
First quarter dividend of US$0.83 announced Shareholders will receive a dividend of US$0.83. Ex-date: 19th December 2024 Payment date: 6th February 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Dec 11
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: US$2.34 (down from US$2.55 in 1Q 2024). Revenue: US$7.77b (flat on 1Q 2024). Net income: US$470.0m (down 9.4% from 1Q 2024). Profit margin: 6.0% (down from 6.7% in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.9%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Dec 10
Ferguson Enterprises Inc. to Report Q2, 2025 Results on Mar 11, 2025 Ferguson Enterprises Inc. announced that they will report Q2, 2025 results at 8:30 AM, US Eastern Standard Time on Mar 11, 2025 Recent Insider Transactions • Oct 18
CEO, President & Director recently sold UK£1.5m worth of stock On the 14th of October, Kevin Murphy sold around 10k shares on-market at roughly UK£154 per share. This transaction amounted to 7.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Kevin's only on-market trade for the last 12 months. Reported Earnings • Sep 27
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$8.55 (down from US$9.15 in FY 2023). Revenue: US$29.6b (flat on FY 2023). Net income: US$1.74b (down 8.2% from FY 2023). Profit margin: 5.9% (down from 6.4% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.9%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 23
Ferguson Enterprises Inc.(LSE:FERG) dropped from FTSE All-World Index (USD) Ferguson Enterprises Inc.(LSE:FERG) dropped from FTSE All-World Index (USD) Declared Dividend • Sep 21
Third quarter dividend of US$0.79 announced Shareholders will receive a dividend of US$0.79. Ex-date: 27th September 2024 Payment date: 8th November 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Sep 18
Ferguson Enterprises Inc. Provides Earnings Guidance for the Fiscal 2025 Ferguson Enterprises Inc. provided earnings guidance for the fiscal 2025. The company expects net sales to be Low single digit growth. Announcement • Sep 17
Ferguson Enterprises Inc. to Report Q1, 2025 Results on Dec 10, 2024 Ferguson Enterprises Inc. announced that they will report Q1, 2025 results at 8:30 AM, US Eastern Standard Time on Dec 10, 2024 Announcement • Aug 13
Ferguson Enterprises Files Form 15 Ferguson Enterprises Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Ordinary shares under the Securities Exchange Act of 1934, as amended. The par value of the company's Ordinary shares was 10 pence per share. Board Change • Aug 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Employee Director Kelly Baker was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Aug 02
Ferguson Enterprises Inc and Ferguson plc Announces Board Changes ConvaTec Group PLC announced that effective Brian May, a non-executive director of the Company, serves as a director of Ferguson Enterprises Inc., which is the new ultimate parent company of the Ferguson plc group, in place of Ferguson plc, pursuant to a corporate reorganisation. Ferguson Enterprises Inc. is a publicly quoted company with a primary listing on the New York Stock Exchange (NYSE: FERG) effective from 1 August 2024 and a secondary listing on the equity shares (international commercial companies secondary listing) segment of the Official List of the Financial Conduct Authority and is admitted to trading on the London Stock Exchange (LSE:FERG). In connection with the reorganisation, Brian May ceased to be a non-executive director of Ferguson plc. New Risk • Aug 02
New major risk - Share price stability The company's shares are highly illiquid. Its shares have only traded on 1 day in the past 3 months. This is considered a major risk. A lack of liquidity can be a big problem for shareholders. If there are not enough willing buyers of the stock, selling down a large shareholding may take a long time or it can crush the share price, potentially exposing shareholders to losses or reduced profits. It also means the share price may not be reflective of the true value of the company because there is infrequent price discovery. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk High level of debt (54% net debt to equity). Announcement • Jul 12
Ferguson plc Announces its Intention to Pay a Third Quarter Dividend on July 31, 2024 On June 4, 2024, Ferguson plc announced its intention to pay a quarterly dividend of $0.79 per share (“Q3 Dividend”). The Third Quarter Dividend will bepaid on July 31, 2024, to shareholders who were on the register as at 8:00pm (ET) on June 14, 2024. Buy Or Sell Opportunity • Jul 06
Now 20% overvalued Over the last 90 days, the stock has fallen 16% to UK£148. The fair value is estimated to be UK£123, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 7.5%. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period. Declared Dividend • Jun 07
Third quarter dividend of US$0.79 announced Shareholders will receive a dividend of US$0.79. Ex-date: 14th June 2024 Payment date: 31st July 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 05
Third quarter 2024 earnings released: EPS: US$2.19 (vs US$1.64 in 3Q 2023) Third quarter 2024 results: EPS: US$2.19 (up from US$1.64 in 3Q 2023). Revenue: US$7.31b (up 2.4% from 3Q 2023). Net income: US$443.0m (up 32% from 3Q 2023). Profit margin: 6.1% (up from 4.7% in 3Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jun 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. 1 highly experienced director. Independent Non-Employee Director Jim Metcalf was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Mar 13
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.7% to UK£158. The fair value is estimated to be UK£131, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period. Declared Dividend • Mar 08
Second quarter dividend of US$0.79 announced Shareholders will receive a dividend of US$0.79. Ex-date: 14th March 2024 Payment date: 7th May 2024 Dividend yield will be 2.0%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 05
Second quarter 2024 earnings released: EPS: US$1.58 (vs US$1.81 in 2Q 2023) Second quarter 2024 results: EPS: US$1.58 (down from US$1.81 in 2Q 2023). Revenue: US$6.67b (down 2.2% from 2Q 2023). Net income: US$322.0m (down 14% from 2Q 2023). Profit margin: 4.8% (down from 5.5% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 10
Ferguson plc (NYSE:FERG) signed definitive purchase agreements to acquire Grove Supply, Inc. Ferguson plc (NYSE:FERG) signed definitive purchase agreements to acquire Grove Supply, Inc. on January 09, 2024. In a related transaction Ferguson plc entered into definitive agreement to acquire Yorkwest Plumbing Supply Inc. In a related transaction Ferguson plc acquired Harway Supply, Inc. These acquisitions have aggregate annualized revenues of approximately $220 million. The transaction is expected to close in the next 90 days, subject to customary closing conditions. Reported Earnings • Dec 06
First quarter 2024 earnings released: EPS: US$2.55 (vs US$2.85 in 1Q 2023) First quarter 2024 results: EPS: US$2.55 (down from US$2.85 in 1Q 2023). Revenue: US$7.71b (down 2.8% from 1Q 2023). Net income: US$519.0m (down 13% from 1Q 2023). Profit margin: 6.7% (down from 7.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 18% per year. Announcement • Dec 06
Ferguson plc to Report Q2, 2024 Results on Mar 05, 2024 Ferguson plc announced that they will report Q2, 2024 results on Mar 05, 2024 Recent Insider Transactions • Oct 20
Group CEO & Executive Director recently sold UK£2.4m worth of stock On the 17th of October, Kevin Murphy sold around 18k shares on-market at roughly UK£135 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kevin has been a net seller over the last 12 months, reducing personal holdings by UK£4.5m. Reported Earnings • Sep 27
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: US$9.15 (down from US$9.64 in FY 2022). Revenue: US$29.7b (up 4.1% from FY 2022). Net income: US$1.89b (down 10.0% from FY 2022). Profit margin: 6.4% (down from 7.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Jul 18
Ferguson plc Announces Quarterly Dividend, Payable on August 4, 2023 On June 6, 2023, Ferguson plc announced its intention to pay a quarterly dividend of $0.75 per share. The Third Quarter Dividend will be paid on August 4, 2023, to shareholders who were on the register as on June 16, 2023. Reported Earnings • Jun 07
Third quarter 2023 earnings released: EPS: US$1.64 (vs US$2.52 in 3Q 2022) Third quarter 2023 results: EPS: US$1.64 (down from US$2.52 in 3Q 2022). Revenue: US$7.14b (down 2.0% from 3Q 2022). Net income: US$336.0m (down 39% from 3Q 2022). Profit margin: 4.7% (down from 7.5% in 3Q 2022). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 08
Second quarter 2023 earnings released: EPS: US$1.81 (vs US$1.98 in 2Q 2022) Second quarter 2023 results: EPS: US$1.81 (down from US$1.98 in 2Q 2022). Revenue: US$6.83b (up 4.9% from 2Q 2022). Net income: US$374.0m (down 14% from 2Q 2022). Profit margin: 5.5% (down from 6.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Trade Distributors industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Board Change • Mar 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Jim Metcalf was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 01
Ferguson plc Appoints James S. Metcalf as Non-Executive Director, Effective February 1, 2023 Ferguson plc announced the appointment of James S. Metcalf to the Board as a Non-Executive Director effective February 1, 2023. Mr. Metcalf will join the Board's Compensation Committee and Nominations & Governance Committee. Mr. Metcalf, a U.S. citizen, previously served as Chairman and Chief Executive Officer of Cornerstone Building Brands from 2018 until his retirement as CEO in September 2021 and as Chairman in March 2022. Prior to joining Cornerstone Building Brands, he held various roles at USG Corporation. At the time of his retirement from USG in November 2016,Mr. Metcalfserved as its Chairman since December 2011, and served as its Chief Executive Officer and President since January 2011. He also served as a board member of Tenneco Inc. from 2014 to 2022. 
