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| Date | Value |
|---|---|
| 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% |