Ferguson Enterprises Inc. reported a net sales increase of 3.8% for the fiscal year ending July 31, 2025, reaching $30.8 billion, compared to $29.6 billion in the previous year. The company's operating profit was $2.6 billion, a slight decrease of 1.7% from $2.65 billion in fiscal 2024. Net income rose to $1.86 billion, up 7% from $1.74 billion, with diluted earnings per share increasing to $9.32 from $8.53. The growth in net sales was attributed to higher sales volume and contributions from acquisitions, although it was partially offset by one less sales day in the fiscal year and slight pricing declines in certain commodity categories.

In terms of operational developments, Ferguson completed nine acquisitions in fiscal 2025, contributing approximately $112 million to net sales. The company also reported a significant increase in gross profit, which rose to $9.4 billion, reflecting a gross profit margin of 30.7%, up from 30.5% in the prior year. The U.S. segment, which accounted for 95% of net sales, saw a 3.8% increase in sales, driven primarily by growth in non-residential markets. The Canada segment also experienced a 3.7% increase in sales, reaching $1.49 billion.

Ferguson’s workforce comprised approximately 35,000 associates as of July 31, 2025, with around 32,000 based in the U.S. The company operates a network of 1,519 branches and 10 regional distribution centers in the U.S., enhancing its ability to provide same-day and next-day product availability. The company’s strategic focus on acquisitions and operational efficiency is expected to continue driving growth, with plans to further expand its market presence.

Looking ahead, Ferguson anticipates continued growth in net sales and cash flow, supported by its strategic initiatives and market position. However, the company also faces challenges, including potential economic fluctuations, competitive pressures, and supply chain disruptions. The management remains committed to leveraging its scale and expertise to navigate these challenges while enhancing customer service and operational efficiency.

About Ferguson Enterprises Inc. /DE/

Ferguson is a leading distributor serving the water, HVAC, plumbing, and construction markets in North America. It offers a broad range of products, value-added solutions, and expertise through extensive distribution networks, serving residential, commercial, and industrial customers. The company focuses on supply chain efficiency, technological innovation, and strategic acquisitions to support project success and market growth.

This description was generated via AI from an annual report. Updated 8 months ago.

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