Ferguson Enterprises (FERG) Operating Expenses (2023 - 2026)
Ferguson Enterprises' (FERG) quarterly Operating Expenses came in at $1.6 billion in Q1 2026, little changed year-over-year from $1.6 billion in Q1 2025, and down 1.95% quarter-over-quarter from $1.6 billion in Q4 2025.
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Analysis
Ferguson Enterprises (FERG) Operating Expenses (2023 - 2026) Analysis & Trends
Ferguson Enterprises (FERG) has reported Operating Expenses for 4 consecutive years, with $1.6 billion the latest figure, recorded in Q1 2026.
- On a quarterly basis, Operating Expenses changed 0.43% year-over-year to $1.6 billion in Q1 2026; TTM through Mar 2026 was $6.5 billion, a 3.71% increase from a year earlier, with the FY2025 full-year figure at $6.6 billion, up 6.66% from the prior year.
- Operating Expenses was $1.6 billion for Q1 2026 at Ferguson Enterprises, down 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.
- Across the five-year window, Operating Expenses climbed 6.97% in 2025 and slipped 0.43% in 2026, its largest moves.
- Over 4 years, Operating Expenses stood at $1.5 billion in 2023, then gained by 4.83% to $1.6 billion in 2024, then increased by 3.53% to $1.6 billion in 2025, then retreated by 1.95% to $1.6 billion in 2026.
- The last three Operating Expenses figures came in at $1.6 billion (Q1 2026), $1.6 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.74 Bn | 59.53 Bn | 1.98 Bn | 1.18 Bn |
| 2 | Fastenal | 57.47 Bn | 57.26 Bn | 1.06 Bn | 561.80 Mn |
| 3 | Ferguson Enterprises | 42.93 Bn | 42.11 Bn | 2.32 Bn | 1.61 Bn |
| 4 | Sunbelt Rentals Holdings | 31.01 Bn | 30.98 Bn | 1.25 Bn | 989.00 Mn |
| 5 | Reliance | 19.76 Bn | 19.53 Bn | 1.30 Bn | 4.19 Bn |
| 6 | Wesco International | 17.65 Bn | 16.83 Bn | 1.46 Bn | 1.02 Bn |
| 7 | Applied Industrial Technologies | 12.14 Bn | 12.02 Bn | 411.22 Mn | 251.91 Mn |
| 8 | Watsco | 11.58 Bn | 11.60 Bn | 578.93 Mn | 348.99 Mn |
| 9 | Avantor | 10.11 Bn | 9.80 Bn | 537.00 Mn | 415.20 Mn |
| 10 | Core & Main | 7.93 Bn | 7.69 Bn | 573.00 Mn | 346.00 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();