The earnings call reflected a strong performance with significant growth in several key areas, notably in sales, gross margin, and operating profit, along with strategic investments paying off in HVAC and Waterworks. Despite some challenges like the decline in residential trade plumbing revenue and restructuring costs, the company's overall financial health and positive market positioning suggest a favorable outlook.

Company Guidance -

Q4 2025

In Ferguson's third-quarter earnings call, the company reported a 4.3% increase in sales to $7.6 billion, with organic growth contributing 5% and acquisitions adding 1%, despite facing a 1.7% negative impact from fewer sales days and foreign exchange fluctuations. The company achieved a gross margin of 31%, a sequential increase of 130 basis points, driven by actions to capture customer value and mitigate deflationary impacts. Operating profit rose by 6.1%, leading to a 20 basis point expansion in operating margin to 9.4%, while diluted earnings per share increased by 7.8% to $2.50. Ferguson invested $690 million in capital, including completing three acquisitions and returning $417 million to shareholders through share repurchases and dividends. The net debt to EBITDA ratio stood at 1.2x. The company updated its fiscal 2025 guidance, now expecting low to mid-single-digit revenue growth and an operating margin between 8.5% and 9.0%. Ferguson's growth initiatives, particularly in HVAC, Waterworks, and large capital projects, are contributing to market outperformance, despite challenges in residential and nonresidential markets.

Strong Sales Growth

Sales of $7.6 billion increased 4.3% over the prior year, driven by organic growth of 5% and acquisition growth of 1% despite fewer sales days and foreign exchange impacts.

Improved Gross Margin

Gross margin improved to 31%, up 130 basis points sequentially, driven by better value capture and moderating deflation.

Operating Profit and Margin Expansion

Operating profit increased 6.1%, with operating margin expanding 20 basis points to 9.4%.

Diluted Earnings Per Share Increase

Diluted earnings per share increased 7.8% over the prior year to $2.50.

Strong Balance Sheet

Net debt to EBITDA ratio of 1.2x, indicating a robust financial position.

Nonresidential End Market Growth

Nonresidential revenue grew approximately 7%, with strong activity in commercial, industrial, and civil infrastructure.

HVAC Growth

HVAC customer group delivered strong growth with a 10% increase in the quarter, driven by investments and dual trade contractor conversions.

Waterworks Growth

Waterworks revenue grew 12%, driven by public works and municipal projects.

Ferguson PLC (FERG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FERG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 16, 2025	2025 (Q4)	3.01 / -	2.98	―	―	―
Apr 30, 2025	2025 (Q3)	2.01 / 2.50	2.32	7.76% (+0.18)	―	―
Mar 11, 2025	2025 (Q2)	1.58 / 1.52	1.74	-12.64% (-0.22)	―	―
Dec 10, 2024	2025 (Q1)	2.62 / 2.45	2.65	-7.55% (-0.20)	―	―
Sep 17, 2024	2024 (Q4)	2.85 / 2.98	2.77	7.58% (+0.21)	―	―
Jun 04, 2024	2024 (Q3)	2.32 / 2.32	2.2	5.45% (+0.12)	―	―
Mar 05, 2024	2024 (Q2)	1.82 / 1.74	1.91	-8.90% (-0.17)	―	―
Dec 05, 2023	2024 (Q1)	2.61 / 2.65	2.95	-10.17% (-0.30)	―	―
Sep 26, 2023	2023 (Q4)	2.44 / 2.77	2.85	-2.81% (-0.08)	―	―
Jun 06, 2023	2023 (Q3)	2.16 / 2.20	2.5	-12.00% (-0.30)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FERG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 30, 2025	$169.14	$169.00	-0.08%
Mar 11, 2025	$164.08	$155.58	-5.18%
Dec 10, 2024	$214.77	$192.28	-10.47%
Sep 17, 2024	$193.77	$203.44	+4.99%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ferguson plc (FERG) report earnings?

Ferguson plc (FERG) is schdueled to report earning on Sep 16, 2025, Before Open (Confirmed).

What is Ferguson plc (FERG) earnings time?

Ferguson plc (FERG) earnings time is at Sep 16, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FERG EPS forecast?

FERG EPS forecast for the fiscal quarter 2025 (Q4) is 3.01.

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