---
schema_version: "secwatch.filing_event.v1"
accession: "0002011641-26-000002"
form_type: "8-K"
ticker: "FERG"
cik: "0002011641"
company_name: "Ferguson Enterprises Inc. /DE/"
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:55:40.455905+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ferguson reports CY2025 sales $31.3B (+5%), adj EPS $10.58 (+13.4%), and issues 2026 guidance

## Summary
- CY2025 net sales $31.3B (+5.0% YoY); gross margin 31.0% (+70 bps); reported EPS $10.16 (+24.2%).
- Adjusted operating margin 9.6% (+50 bps); adjusted EPS $10.58 (+13.4%).
- Q4 sales $7.5B (+3.6%); residential -2%, non-residential +10%; adjusted EPS $2.10 (+11.7%).
- Calendar 2026 guidance: low-to-mid single digit sales growth; adj op margin 9.4%-9.8%; capex $350-400M.
- Declared quarterly dividend $0.89 payable Apr 30, record Mar 6; repurchased $0.9B shares in CY2025.

## SEC filing metadata
- accession: 0002011641-26-000002
- form_type: 8-K
- ticker: FERG
- cik: 0002011641
- company_name: Ferguson Enterprises Inc. /DE/
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2011641/000201164126000002/0002011641-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2011641/000201164126000002/ferg-20260224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002011641-26-000002
- JSON: https://secwatch.observer/filing/0002011641-26-000002.json
- Plain text: https://secwatch.observer/filing/0002011641-26-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.