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
DateValue
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