Ferguson Enterprises (FERG) Operating Margin (2023 - 2026)
Ferguson Enterprises (FERG) reported Operating Margin of 8.19% for Q1 2026, up 116.0% year-over-year from 3.79% in Q1 2025, and down 13.22% quarter-over-quarter from 9.44% in Q4 2025.
Ferguson Enterprises (FERG) Operating Margin (2023 - 2026) Analysis & Trends
Ferguson Enterprises (FERG) has 4 years of Operating Margin data on file, last reported at 8.19% in Q1 2026.
- Operating Margin for Q1 2026 came in at 8.19%, up 116.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.98% (up 95.0% YoY), and the FY2025 annual result was 8.47%, down 48.0% from the prior year.
- Operating Margin eased to 8.19% in Q1 2026 per FERG's latest filing, from 9.44% in the prior quarter.
- Over five years, Operating Margin peaked at 10.89% in Q3 2025 and troughed at 5.97% in Q1 2025.
- A 4-year average of 8.56% and a median of 8.55% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2025 and 2026: Operating Margin sank 118 bps in 2025, then surged 116 bps in 2026.
- A 4-year view of Operating Margin shows it stood at 9.59% in 2023, then dropped by 11 bps to 8.56% in 2024, then increased by 10 bps to 9.44% in 2025, then dropped by 13 bps to 8.19% in 2026.
- Business Quant data shows FERG's Operating Margin at 8.19% in Q1 2026, 9.44% in Q4 2025, and 10.89% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 14.33% |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 20.33% |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 8.19% |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 4.83% |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 7.19% |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | -14.56% |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 11.02% |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 7.46% |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 7.26% |
| 10 | Msc Industrial Direct | 6.54 Bn | 6.49 Bn | 377.59 Mn | 7.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.19% |
| Oct 31, 2025 | 9.44% |
| Jul 31, 2025 | 10.89% |
| Mar 31, 2025 | 7.03% |
| Jan 31, 2025 | 5.97% |
| Oct 31, 2024 | 8.56% |
| Jul 31, 2024 | 10.21% |
| Apr 30, 2024 | 8.55% |
| Jan 31, 2024 | 7.15% |
| Oct 31, 2023 | 9.59% |