Ferguson Enterprises Inc. /DE/ (FERG) Form 8-K — Aug 10, 2026
Ferguson Enterprises reported second-quarter results for the period ended June 30, 2026, with net sales of $8.75 billion, up 4.6% year over year, and diluted EPS of $3.43, up 6.9%. Reported net income was $666 million, adjusted EBITDA was $994 million, and US organic revenue grew 4.0% while Canada declined 1.9%. Management raised full-year 2026 guidance, now calling for mid-single digit net sales growth and an adjusted operating margin of 9.5%-9.8%, and lifted capex guidance to $375-$425 million. CEO Kevin Murphy said year-to-date performance enables the upward revision despite an uncertain economic environment.
Key figures
- Eps
- 3.43
- Revenue
- 8751000000
- Guidance
- FY2026 net sales raised to mid-single digit growth (from low-to-mid single digit); adjusted operating margin 9.5%-9.8% (from 9.4%-9.8%); interest expense ~$200 million; capex $375-$425 million (from $350-$400 million); adjusted effective tax rate ~26%. Excludes pending FloWorks acquisition.
- Net Income
- 666000000
- Revenue Yoy
- +4.6%
- Total Assets
- 19303000000
- Cash Position
- 437000000
- Net Debt
- 4468000000
- Adjusted Eps
- 3.39
- Cy2025 Sales
- 31300000000
- Gross Margin
- 31.0%, down 20 bps
- Long Term Debt
- 4456000000
- Short Term Debt
- 448000000
- Adjusted Ebitda
- 994000000
- Operating Margin
- 10.2%, up 10 bps
- Six Month Net Sales
- 16223000000
- Us Net Sales Growth
- +5.0%
- Six Month Diluted Eps
- 5.56
- Six Month Adjusted Eps
- 5.67
- Canada Net Sales Growth
- -1.9%
- Acquisition Spend Quarter
- 573000000
- Adjusted Operating Margin
- 10.7%, down 10 bps
- Net Debt To Adjusted Ebitda
- 1.3x
- Share Repurchases Quarter
- 202000000
- Diluted Weighted Avg Shares
- 194000000
- Quarterly Dividend Per Share
- 0.89
- Acquisitions Completed In Quarter
- 5
- Ytd Acquisition Annualized Revenue
- approximately $1.4 billion across eight acquisitions
Price after filing
Close on the filing date to close N calendar days later (from $256.69). Historical, not a forecast.
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