Form 10-Q · Quarterly report
Ferguson Enterprises 10-Q, filed Aug 10, 2026
- Filed
- CIK
- 0002011641
- Accession no.
- 0002011641-26-000040
Summary
Ferguson Enterprises reported second-quarter 2026 net sales of $8.75 billion, up 4.6% from a year earlier, with net income of $666 million and diluted earnings per share of $3.43, and first-half net sales of $16.2 billion, up 4.2%. The distributor attributed the sales growth mainly to price inflation, higher volume and acquisitions, with United States non-residential markets up about 8% and Canada sales down 1.9%.
Key points
- Second-quarter net sales rose 4.6% to $8.75 billion; operating profit rose 6.1% to $893 million and diluted EPS rose 6.9% to $3.43.
- First-half net income was $1.08 billion, up 10.3% from a year earlier, on net sales of $16.2 billion.
- Net cash provided by operating activities fell to $716 million in the first half from $1,123 million, which the company attributed to higher working capital investment and the timing of income tax payments tied to a transition to a calendar year-end.
- United States segment sales rose 5.0% to $8.3 billion, with non-residential markets up about 8% and residential up about 2%, while Canada segment sales fell 1.9% to $408 million.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2.Management’s Discussion Overview Ferguson is a value-added distributor of essential water and air solutions, serving the specialized professional in the residential and non-residential North American construction markets. We help make our customers’ complex projects simple, successful and sustainable by providing expertise and a wide range of products and services from plumbing, HVAC, appliances, and lighting to PVF, water and wastewater solutions, and more. Ferguson is headquartered in Newport News, Virginia. …
An excerpt of the text as filed with the SEC, cut for length.
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