Ferguson Enterprises (FERG) Tax Rate (2023 - 2026)
Ferguson Enterprises (FERG) posted quarterly 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.
Analysis
Ferguson Enterprises (FERG) Tax Rate (2023 - 2026) Analysis & Trends
Ferguson Enterprises (FERG) has reported Tax Rate for 4 consecutive years, with 26.07% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 37.0% year-over-year to 26.07%; the TTM figure through Mar 2026 stood at 22.35% (down 825.0% YoY), while the FY2025 annual figure was 23.4%, down 619.0% from the prior year.
- Tax Rate improved to 26.07% in Q1 2026 per FERG's latest filing, from 19.94% in the prior quarter.
- Across five years, Tax Rate topped out at 40.58% in Q3 2024 and bottomed at 19.72% in Q3 2025.
- Historically, Tax Rate has averaged 25.71% across 4 years, with a median of 25.15% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate decreased 21 bps — and 2025, when it slumped 2085 bps.
- Ferguson Enterprises' Tax Rate stood at 24.89% in 2023, then dropped by 1 bps to 24.68% in 2024, then dropped by 19 bps to 19.94% in 2025, then jumped 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 60.76 Bn | 60.17 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 55.17 Bn | 54.97 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 43.00 Bn | 42.18 Bn | 2.32 Bn | 26.07% |
| 4 | Wesco International | 16.30 Bn | 15.49 Bn | 1.46 Bn | 22.94% |
| 5 | Applied Industrial Technologies | 11.95 Bn | 11.82 Bn | 411.22 Mn | 24.84% |
| 6 | Watsco | 11.80 Bn | 11.33 Bn | 578.93 Mn | 20.91% |
| 7 | Core & Main | 8.27 Bn | 8.12 Bn | 520.00 Mn | 24.67% |
| 8 | Pool | 6.62 Bn | 6.58 Bn | 540.76 Mn | 25.79% |
| 9 | Msc Industrial Direct | 6.52 Bn | 6.45 Bn | 430.41 Mn | 24.50% |
| 10 | Xometry | 5.01 Bn | 4.49 Bn | 87.15 Mn | -7.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 26.07% |
| Oct 31, 2025 | 19.94% |
| Jul 31, 2025 | 19.72% |
| Mar 31, 2025 | 26.44% |
| Jan 31, 2025 | 25.41% |
| Oct 31, 2024 | 24.68% |
| Jul 31, 2024 | 40.58% |
| Apr 30, 2024 | 23.75% |
| Jan 31, 2024 | 25.64% |
| Oct 31, 2023 | 24.89% |