Ferguson Enterprises (FERG) Change in Taxes (2023 - 2026)

Ferguson Enterprises (FERG) has reported Change in Taxes for 4 consecutive years, with $29.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Change in Taxes rose 156.86% year-over-year to $29.0 million; the TTM figure through Mar 2026 stood at $5.0 million (up 107.58% YoY), while the FY2025 annual figure was $7.0 million, up 115.56% from the prior year.
• Change in Taxes fell to $29.0 million in Q1 2026 per FERG's latest filing, from $46.0 million in the prior quarter.
• Across five years, Change in Taxes topped out at $166.0 million in Q4 2023 and bottomed at -$206.0 million in Q1 2024.
• Historically, Change in Taxes has averaged -$7.9 million across 4 years, with a median of $2.5 million in 2024.
• Annual changes were most pronounced in 2025 — Change in Taxes sank 179.17% — and 2026, when it surged 156.86%.
• Ferguson Enterprises' Change in Taxes stood at $166.0 million in 2023, then dropped by 4.82% to $158.0 million in 2024, then tumbled by 70.89% to $46.0 million in 2025, then sank by 36.96% to $29.0 million in 2026.
• Business Quant data shows FERG's Change in Taxes at $29.0 million in Q1 2026, $46.0 million in Q4 2025, and -$19.0 million in Q3 2025.