Ferguson Enterprises (FERG) Operating Expenses (2023 - 2026)
Ferguson Enterprises (FERG) reported Operating Expenses of $1.61 billion for Q3 2026, down 0.4% from $1.62 billion a year earlier.
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Analysis
Ferguson Enterprises (FERG) Operating Expenses (2023 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Ferguson Enterprises' Operating Expenses came in at $6.54 billion, up 3.7% year-over-year; for FY2025, it came in at $6.64 billion, up 6.7% from FY2024.
- Operating Expenses has increased for three consecutive years, with a three-year compound annual growth rate of 4.8% (FY2022 to FY2025).
- By year, Operating Expenses came in at $6.23 billion in FY2024 (+0.6%), $6.19 billion in FY2023 (+7.2%) and $5.78 billion in FY2022.
- The Q3 2026 figure ranks as the lowest quarterly Operating Expenses since Q2 2025.
- Year over year, Operating Expenses gained in four of the last five quarters, with growth averaging 3.9%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 73.34 Bn | 72.46 Bn | 2.05 Bn | 1.27 Bn |
| 2 | W.W. Grainger | 65.22 Bn | 62.82 Bn | 1.98 Bn | 1.18 Bn |
| 3 | Fastenal | 60.31 Bn | 59.31 Bn | 1.10 Bn | 573.90 Mn |
| 4 | Ferguson Enterprises | 46.98 Bn | 44.19 Bn | 2.32 Bn | 1.61 Bn |
| 5 | Sunbelt Rentals Holdings | 34.35 Bn | 34.23 Bn | 1.25 Bn | 989.00 Mn |
| 6 | Reliance | 22.84 Bn | 21.89 Bn | 1.45 Bn | 4.66 Bn |
| 7 | Wesco International | 16.33 Bn | 13.38 Bn | 1.57 Bn | 1.06 Bn |
| 8 | Watsco | 12.05 Bn | 12.05 Bn | 586.29 Mn | - |
| 9 | Applied Industrial Technologies | 10.95 Bn | 10.83 Bn | 392.21 Mn | 248.62 Mn |
| 10 | Avantor | 10.57 Bn | 9.16 Bn | 534.80 Mn | 395.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.61 Bn |
| Oct 31, 2025 | 1.64 Bn |
| Jul 31, 2025 | 1.67 Bn |
| Mar 31, 2025 | 1.62 Bn |
| Jan 31, 2025 | 1.54 Bn |
| Oct 31, 2024 | 1.59 Bn |
| Jul 31, 2024 | 1.56 Bn |
| Apr 30, 2024 | 1.52 Bn |
| Jan 31, 2024 | 1.47 Bn |
| Oct 31, 2023 | 1.51 Bn |
API Access
Ferguson Enterprises Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=FERG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "FERG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=FERG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();