Ferguson Enterprises (FERG) Operating Expenses (2023 - 2026)
Ferguson Enterprises (FERG) reported Operating Expenses of $1.6 billion for Q1 2026, up 2.68% year-over-year from $1.6 billion in Q1 2025, and down 2.07% quarter-over-quarter from $1.6 billion in Q4 2025.
Ferguson Enterprises (FERG) Operating Expenses (2023 - 2026) Analysis & Trends
Ferguson Enterprises (FERG) has 4 years of Operating Expenses data on file, last reported at $1.6 billion in Q1 2026.
- Operating Expenses for Q1 2026 came in at $1.6 billion, up 2.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.5 billion (up 3.73% YoY), and the FY2025 annual result was $6.6 billion, up 5.85% from the prior year.
- Operating Expenses retreated to $1.6 billion in Q1 2026 per FERG's latest filing, from $1.6 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $1.7 billion in Q3 2025 and troughed at $1.5 billion in Q1 2024.
- A 4-year average of $1.6 billion and a median of $1.6 billion in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses grew 7.07% in 2025, then gained 2.68% in 2026.
- A 4-year view of Operating Expenses shows it stood at $1.5 billion in 2023, then advanced by 4.83% to $1.6 billion in 2024, then rose by 3.53% to $1.6 billion in 2025, then dropped by 2.07% to $1.6 billion in 2026.
- Business Quant data shows FERG's Operating Expenses at $1.6 billion in Q1 2026, $1.6 billion in Q4 2025, and $1.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.43 Bn | 62.25 Bn | 1.75 Bn | 1.11 Bn |
| 2 | Fastenal | 52.87 Bn | 52.56 Bn | 982.90 Mn | 535.30 Mn |
| 3 | Ferguson Enterprises | 43.71 Bn | 42.89 Bn | 2.32 Bn | 1.61 Bn |
| 4 | Wesco International | 17.21 Bn | 16.51 Bn | 1.29 Bn | 947.60 Mn |
| 5 | Watsco | 14.12 Bn | 13.98 Bn | 427.56 Mn | 322.85 Mn |
| 6 | Applied Industrial Technologies | 11.70 Bn | 11.53 Bn | 380.80 Mn | 242.88 Mn |
| 7 | Qxo | 11.53 Bn | 8.48 Bn | 409.30 Mn | 661.20 Mn |
| 8 | Core & Main | 9.91 Bn | 9.77 Bn | 428.00 Mn | 310.00 Mn |
| 9 | Pool | 6.54 Bn | 6.47 Bn | 329.87 Mn | 247.26 Mn |
| 10 | Msc Industrial Direct | 6.47 Bn | 6.42 Bn | 377.59 Mn | 310.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.61 Bn |
| Oct 31, 2025 | 1.64 Bn |
| Jul 31, 2025 | 1.67 Bn |
| Mar 31, 2025 | 1.57 Bn |
| Jan 31, 2025 | 1.54 Bn |
| Oct 31, 2024 | 1.59 Bn |
| Jul 31, 2024 | 1.56 Bn |
| Apr 30, 2024 | 1.51 Bn |
| Jan 31, 2024 | 1.47 Bn |
| Oct 31, 2023 | 1.51 Bn |