Ferguson Enterprises (FERG) Operating Income (2023 - 2026)

Ferguson Enterprises (FERG) posted quarterly Operating Income of $612.0 million for Q1 2026, up 20.71% year-over-year from $507.0 million in Q1 2025, and down 20.62% quarter-over-quarter from $771.0 million in Q4 2025.

Ferguson Enterprises (FERG) Operating Income (2023 - 2026) Analysis & Trends

Ferguson Enterprises (FERG) has reported Operating Income for 4 consecutive years, with $612.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Income rose 20.71% year-over-year to $612.0 million; the TTM figure through Mar 2026 stood at $2.8 billion (up 17.63% YoY), while the FY2025 annual figure was $2.6 billion, down 1.73% from the prior year.
  • Operating Income eased to $612.0 million in Q1 2026 per FERG's latest filing, from $771.0 million in the prior quarter.
  • Across five years, Operating Income topped out at $925.0 million in Q3 2025 and bottomed at $410.0 million in Q1 2025.
  • Historically, Operating Income has averaged $654.2 million across 4 years, with a median of $645.0 million in 2024.
  • Annual changes were most pronounced in 2025 — Operating Income slipped 14.05% — and 2026, when it rose 20.71%.
  • Ferguson Enterprises' Operating Income stood at $739.0 million in 2023, then slipped by 10.01% to $665.0 million in 2024, then grew by 15.94% to $771.0 million in 2025, then declined by 20.62% to $612.0 million in 2026.
  • Business Quant data shows FERG's Operating Income at $612.0 million in Q1 2026, $771.0 million in Q4 2025, and $925.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 W.W. Grainger 62.04 Bn 61.46 Bn 1.98 Bn 807.00 Mn
2 Fastenal 59.03 Bn 58.83 Bn 1.06 Bn 501.80 Mn
3 Ferguson Enterprises 47.99 Bn 47.17 Bn 2.32 Bn 612.00 Mn
4 Wesco International 17.78 Bn 16.97 Bn 1.46 Bn 382.20 Mn
5 Applied Industrial Technologies 13.25 Bn 13.08 Bn 380.80 Mn 137.93 Mn
6 Watsco 11.97 Bn 11.50 Bn 578.93 Mn 238.37 Mn
7 Core & Main 8.70 Bn 8.55 Bn 520.00 Mn 177.00 Mn
8 Pool 7.21 Bn 7.18 Bn 540.76 Mn 267.68 Mn
9 Msc Industrial Direct 6.76 Bn 6.69 Bn 430.41 Mn 106.75 Mn
10 Xometry 5.15 Bn 4.63 Bn 87.15 Mn -5.55 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 612.00 Mn
Oct 31, 2025 771.00 Mn
Jul 31, 2025 925.00 Mn
Mar 31, 2025 507.00 Mn
Jan 31, 2025 410.00 Mn
Oct 31, 2024 665.00 Mn
Jul 31, 2024 811.00 Mn
Apr 30, 2024 625.00 Mn
Jan 31, 2024 477.00 Mn
Oct 31, 2023 739.00 Mn