Ferguson Enterprises (FERG) Tax Rate (2023 - 2026)

Ferguson Enterprises (FERG) reported Tax Rate of 26.07% for Q1 2026, down 37.0% year-over-year from 41.38% in Q1 2025, and up 30.72% quarter-over-quarter from 19.94% in Q4 2025.

Ferguson Enterprises (FERG) Tax Rate (2023 - 2026) Analysis & Trends

Ferguson Enterprises (FERG) has 4 years of Tax Rate data on file, last reported at 26.07% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 26.07%, down 37.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.35% (down 825.0% YoY), and the FY2025 annual result was 23.4%, down 619.0% from the prior year.
  • Tax Rate grew to 26.07% in Q1 2026 per FERG's latest filing, from 19.94% in the prior quarter.
  • Over five years, Tax Rate peaked at 40.58% in Q3 2024 and troughed at 19.72% in Q3 2025.
  • A 4-year average of 25.71% and a median of 25.15% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate decreased 21 bps in 2024, then slumped 2085 bps in 2025.
  • A 4-year view of Tax Rate shows it stood at 24.89% in 2023, then slipped by 1 bps to 24.68% in 2024, then slipped by 19 bps to 19.94% in 2025, then soared by 31 bps to 26.07% in 2026.
  • Business Quant data shows FERG's Tax Rate at 26.07% in Q1 2026, 19.94% in Q4 2025, and 19.72% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 W.W. Grainger 63.64 Bn 63.46 Bn 1.75 Bn 22.74%
2 Fastenal 53.18 Bn 52.87 Bn 982.90 Mn 24.22%
3 Ferguson Enterprises 45.51 Bn 44.69 Bn 2.32 Bn 26.07%
4 Wesco International 17.33 Bn 16.62 Bn 1.29 Bn 21.86%
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn 20.32%
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn 18.98%
7 Applied Industrial Technologies 11.99 Bn 11.82 Bn 380.80 Mn 26.17%
8 Core & Main 9.98 Bn 9.84 Bn 428.00 Mn 22.34%
9 Pool 7.00 Bn 6.92 Bn 329.87 Mn 24.17%
10 Msc Industrial Direct 6.54 Bn 6.49 Bn 377.59 Mn 24.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.07%
Mar 31, 2026 26.07%
Oct 31, 2025 19.94%
Oct 31, 2025 19.94%
Jul 31, 2025 19.72%
Jul 31, 2025 19.72%
Mar 31, 2025 26.44%
Mar 31, 2025 26.44%
Jan 31, 2025 25.41%
Jan 31, 2025 25.41%
Oct 31, 2024 24.68%
Oct 31, 2024 24.68%
Jul 31, 2024 40.58%
Jul 31, 2024 40.58%
Apr 30, 2024 23.75%
Apr 30, 2024 23.75%
Jan 31, 2024 25.64%
Jan 31, 2024 25.64%
Oct 31, 2023 24.89%
Oct 31, 2023 24.89%