Ferguson Enterprises (FERG) Tax Rate (2023 - 2026)
Ferguson Enterprises' (FERG) quarterly Tax Rate came in at 26.07% in 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 reported Tax Rate for 4 consecutive years, with 26.07% the latest figure, recorded in Q1 2026.
- On a quarterly basis, Tax Rate fell 37.0% year-over-year to 26.07% in Q1 2026; TTM through Mar 2026 was 22.35%, a 825.0% decrease from a year earlier, with the FY2025 full-year figure at 23.4%, down 619.0% from the prior year.
- Tax Rate was 26.07% for Q1 2026 at Ferguson Enterprises, up 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.
- Across the five-year window, Tax Rate retreated 21 bps in 2024 and tumbled 2085 bps in 2025, its largest moves.
- Over 4 years, Tax Rate stood at 24.89% in 2023, then decreased by 1 bps to 24.68% in 2024, then decreased by 19 bps to 19.94% in 2025, then surged by 31 bps to 26.07% in 2026.
- The last three Tax Rate figures came in at 26.07% (Q1 2026), 19.94% (Q4 2025), and 19.72% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 59.74 Bn | 59.53 Bn | 1.98 Bn | 24.81% |
| 2 | Fastenal | 57.47 Bn | 57.26 Bn | 1.06 Bn | 23.76% |
| 3 | Ferguson Enterprises | 42.93 Bn | 42.11 Bn | 2.32 Bn | 26.07% |
| 4 | Sunbelt Rentals Holdings | 31.01 Bn | 30.98 Bn | 1.25 Bn | 25.89% |
| 5 | Reliance | 19.76 Bn | 19.53 Bn | 1.30 Bn | 24.71% |
| 6 | Wesco International | 17.65 Bn | 16.83 Bn | 1.46 Bn | 22.94% |
| 7 | Applied Industrial Technologies | 12.14 Bn | 12.02 Bn | 411.22 Mn | 24.84% |
| 8 | Watsco | 11.58 Bn | 11.60 Bn | 578.93 Mn | 20.91% |
| 9 | Avantor | 10.11 Bn | 9.80 Bn | 537.00 Mn | 53.08% |
| 10 | Core & Main | 7.93 Bn | 7.69 Bn | 573.00 Mn | 22.28% |
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% |
Ferguson Enterprises Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FERG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FERG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FERG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();