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

Ferguson Enterprises (FERG) reported Change in Taxes of $29.0 million for Q1 2026, up 156.86% year-over-year from $11.3 million in Q1 2025, and down 36.96% quarter-over-quarter from $46.0 million in Q4 2025.

Ferguson Enterprises (FERG) Change in Taxes (2023 - 2026) Analysis & Trends

Ferguson Enterprises (FERG) has 4 years of Change in Taxes data on file, last reported at $29.0 million in Q1 2026.

  • Change in Taxes for Q1 2026 came in at $29.0 million, up 156.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.0 million (up 107.58% YoY), and the FY2025 annual result was $7.0 million, up 115.56% from the prior year.
  • Change in Taxes slipped to $29.0 million in Q1 2026 per FERG's latest filing, from $46.0 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $166.0 million in Q4 2023 and troughed at -$206.0 million in Q1 2024.
  • A 4-year average of -$7.9 million and a median of $2.5 million in 2024 frame the typical range for Change in Taxes.
  • The sharpest annual moves came in 2025 and 2026: Change in Taxes sank 179.17% in 2025, then surged 156.86% in 2026.
  • A 4-year view of Change in Taxes shows it stood at $166.0 million in 2023, then slipped by 4.82% to $158.0 million in 2024, then slumped by 70.89% to $46.0 million in 2025, then plunged 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 W.W. Grainger 62.94 Bn 62.76 Bn 1.75 Bn 38.00 Mn
2 Fastenal 53.43 Bn 53.12 Bn 982.90 Mn 92.20 Mn
3 Ferguson Enterprises 44.77 Bn 43.95 Bn 2.32 Bn 29.00 Mn
4 Wesco International 16.87 Bn 16.17 Bn 1.29 Bn -
5 Watsco 14.40 Bn 14.26 Bn 427.56 Mn -
6 Qxo 12.38 Bn 9.33 Bn 409.30 Mn 1.30 Mn
7 Applied Industrial Technologies 11.89 Bn 11.72 Bn 380.80 Mn -
8 Core & Main 9.06 Bn 8.99 Bn 520.00 Mn -
9 Pool 7.12 Bn 7.04 Bn 329.87 Mn -
10 Msc Industrial Direct 6.50 Bn 6.45 Bn 377.59 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 29.00 Mn
Mar 31, 2026 29.00 Mn
Oct 31, 2025 46.00 Mn
Oct 31, 2025 46.00 Mn
Jul 31, 2025 -19.00 Mn
Jul 31, 2025 -19.00 Mn
Mar 31, 2025 -51.00 Mn
Mar 31, 2025 -51.00 Mn
Jan 31, 2025 -197.00 Mn
Jan 31, 2025 -197.00 Mn
Oct 31, 2024 158.00 Mn
Oct 31, 2024 158.00 Mn
Jul 31, 2024 24.00 Mn
Jul 31, 2024 24.00 Mn
Apr 30, 2024 -29.00 Mn
Apr 30, 2024 -29.00 Mn
Jan 31, 2024 -206.00 Mn
Jan 31, 2024 -206.00 Mn
Oct 31, 2023 166.00 Mn
Oct 31, 2023 166.00 Mn