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

Ferguson Enterprises (FERG) posted quarterly 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 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 W.W. Grainger 62.04 Bn 61.46 Bn 1.98 Bn -
2 Fastenal 59.03 Bn 58.83 Bn 1.06 Bn -68.00 Mn
3 Ferguson Enterprises 47.99 Bn 47.17 Bn 2.32 Bn 29.00 Mn
4 Wesco International 17.78 Bn 16.97 Bn 1.46 Bn -
5 Applied Industrial Technologies 13.25 Bn 13.08 Bn 380.80 Mn -
6 Watsco 11.97 Bn 11.50 Bn 578.93 Mn -
7 Core & Main 8.70 Bn 8.55 Bn 520.00 Mn -
8 Pool 7.21 Bn 7.18 Bn 540.76 Mn -
9 Msc Industrial Direct 6.76 Bn 6.69 Bn 430.41 Mn -
10 Xometry 5.15 Bn 4.63 Bn 87.15 Mn -10,000.00

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