Ferguson plc (FERG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 7.47B | 7.5B | 8.17B | 8.5B | 7.62B | 6.87B | 7.77B | 7.95B | 7.31B | 6.67B | 7.71B | 7.84B | 7.14B | 6.83B | 7.93B | 7.97B | 7.28B | 6.51B | 6.8B | 6.57B |
| Revenue Growth % | -1.96% | 9.07% | 5.11% | 6.93% | 4.28% | 2.98% | 0.83% | 1.38% | 2.35% | -2.23% | -2.81% | -1.67% | -1.98% | 4.87% | 16.58% | 21.38% | - | 31.82% | - | 30.73% |
| Cost of Goods Sold | 5.15B | 5.29B | 5.66B | 5.8B | 5.26B | 4.83B | 5.43B | 5.49B | 5.08B | 4.64B | 5.38B | 5.44B | 5B | 4.76B | 5.51B | 5.54B | 5.08B | 4.52B | 4.68B | 4.5B |
| COGS % of Revenue | 68.98% | 70.57% | 69.32% | 68.29% | 69.05% | 70.29% | 69.89% | 69.03% | 69.46% | 69.59% | 69.76% | 69.35% | 70.03% | 69.79% | 69.47% | 69.45% | 69.73% | 69.44% | 68.73% | 68.6% |
| Gross Profit | 2.32B | 2.21B | 2.51B | 2.69B | 2.36B | 2.04B | 2.34B | 2.46B | 2.23B | 2.03B | 2.33B | 2.4B | 2.14B | 2.06B | 2.42B | 2.44B | 2.21B | 1.99B | 2.13B | 2.06B |
| Gross Margin % | 31.02% | 29.43% | 30.68% | 31.71% | 30.95% | 29.71% | 30.11% | 30.97% | 30.54% | 30.41% | 30.24% | 30.65% | 29.97% | 30.21% | 30.53% | 30.55% | 30.27% | 30.56% | 31.27% | 31.4% |
| Gross Profit Growth % | -1.74% | 8.03% | 7.09% | 9.47% | 5.69% | 0.64% | 0.39% | 2.46% | 4.3% | -1.6% | -3.72% | -1.36% | -2.95% | 3.67% | 13.82% | 18.09% | - | 32.51% | - | 37.65% |
| Operating Expenses | 1.71B | 1.61B | 1.74B | 1.77B | 1.75B | 1.63B | 1.68B | 1.65B | 1.61B | 1.55B | 1.59B | 1.62B | 1.64B | 1.51B | 1.59B | 1.62B | 1.49B | 1.43B | 1.39B | 1.32B |
| OpEx % of Revenue | 22.83% | 21.48% | 21.24% | 20.82% | 23% | 23.75% | 21.55% | 20.77% | 21.99% | 23.26% | 20.65% | 20.67% | 23.01% | 22.17% | 20.05% | 20.34% | 20.5% | 22.03% | 20.4% | 20.05% |
| Selling, General & Admin | 1.61B | 1.61B | 1.64B | 1.66B | 1.59B | 1.54B | 1.58B | 1.56B | 1.51B | 1.47B | 1.51B | 1.54B | 1.44B | 1.43B | 1.51B | 1.54B | 1.42B | 1.36B | 1.31B | 0 |
| SG&A % of Revenue | 21.51% | 21.48% | 20.09% | 19.56% | 20.85% | 22.41% | 20.39% | 19.67% | 20.66% | 22.01% | 19.62% | 19.7% | 20.1% | 20.98% | 19.03% | 19.37% | 19.43% | 20.93% | 19.31% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 612M | 596M | 771M | 925M | 606M | 410M | 665M | 811M | 625M | 477M | 739M | 782M | 497M | 549M | 831M | 814M | 712M | 555M | 739M | 745M |
| Operating Margin % | 8.19% | 7.95% | 9.44% | 10.89% | 7.95% | 5.97% | 8.56% | 10.21% | 8.55% | 7.15% | 9.59% | 9.98% | 6.96% | 8.04% | 10.48% | 10.21% | 9.77% | 8.53% | 10.86% | 11.34% |
| Operating Income Growth % | 0.99% | 45.37% | 15.94% | 14.06% | -3.04% | -14.05% | -10.01% | 3.71% | 25.75% | -13.11% | -11.07% | -3.93% | -30.2% | -1.08% | 12.45% | 9.26% | - | 73.98% | - | 158.68% |
| EBITDA | 709M | 691M | 865M | 1.02B | 700M | 502M | 755M | 898M | 710M | 560M | 819M | 860M | 578M | 630M | 912M | 891M | 790M | 627M | 813M | 1.08B |
| EBITDA Margin % | 9.49% | 9.22% | 10.59% | 12.03% | 9.19% | 7.31% | 9.71% | 11.3% | 9.72% | 8.39% | 10.63% | 10.97% | 8.1% | 9.23% | 11.5% | 11.18% | 10.85% | 9.63% | 11.95% | 16.49% |
| EBITDA Growth % | 1.29% | 37.65% | 14.57% | 13.81% | -1.41% | -10.36% | -7.81% | 4.42% | 22.84% | -11.11% | -10.2% | -3.48% | -26.84% | 0.48% | 12.18% | -17.73% | - | 66.76% | - | 199.59% |
| D&A (Non-Cash Add-back) | 97M | 95M | 94M | 97M | 94M | 92M | 90M | 87M | 85M | 83M | 80M | 78M | 81M | 81M | 81M | 77M | 78M | 72M | 74M | 338M |
| EBIT | 612M | 582M | 758M | 995M | 603M | 418M | 670M | 806M | 624M | 477M | 736M | 778M | 495M | 542M | 833M | 815M | 712M | 554M | 738M | 746M |
| Net Interest Income | -45M | -48M | -46M | -50M | -46M | -48M | -46M | -47M | -43M | -44M | -45M | -48M | -48M | -47M | -41M | -40M | -22M | -22M | -27M | -66M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 45M | 48M | 46M | 50M | 46M | 48M | 46M | 47M | 43M | 44M | 45M | 48M | 48M | 47M | 41M | 40M | 22M | 22M | 27M | 66M |
| Other Income/Expense | -52M | -62M | -59M | -53M | -49M | -40M | -41M | -52M | -44M | -44M | -48M | -52M | -50M | -54M | -39M | -39M | -22M | -23M | -28M | -66M |
| Pretax Income | 560M | 534M | 712M | 872M | 557M | 370M | 624M | 759M | 581M | 433M | 691M | 730M | 447M | 495M | 792M | 775M | 690M | 532M | 711M | 679M |
| Pretax Margin % | 7.49% | 7.12% | 8.72% | 10.26% | 7.31% | 5.38% | 8.03% | 9.55% | 7.95% | 6.49% | 8.96% | 9.31% | 6.26% | 7.25% | 9.99% | 9.72% | 9.47% | 8.17% | 10.45% | 10.34% |
| Income Tax | 146M | 145M | 142M | 172M | 147M | 94M | 154M | 308M | 138M | 111M | 172M | 146M | 111M | 121M | 197M | 193M | 144M | 96M | 176M | -6M |
| Effective Tax Rate % | 26.07% | 27.15% | 19.94% | 19.72% | 26.39% | 25.41% | 24.68% | 40.58% | 23.75% | 25.64% | 24.89% | 20% | 24.83% | 24.44% | 24.87% | 24.9% | 20.87% | 18.05% | 24.75% | -0.88% |
| Net Income | 414M | 389M | 570M | 700M | 410M | 276M | 470M | 451M | 443M | 322M | 519M | 584M | 336M | 374M | 595M | 580M | 546M | 436M | 560M | 710M |
| Net Margin % | 5.54% | 5.19% | 6.98% | 8.24% | 5.38% | 4.02% | 6.05% | 5.68% | 6.06% | 4.83% | 6.73% | 7.45% | 4.71% | 5.48% | 7.5% | 7.28% | 7.5% | 6.7% | 8.23% | 10.81% |
| Net Income Growth % | 0.98% | 40.94% | 21.28% | 55.21% | -7.45% | -14.29% | -9.44% | -22.77% | 31.85% | -13.9% | -12.77% | 0.69% | -38.46% | -14.22% | 6.25% | -18.31% | - | 363.83% | - | 187.45% |
| Net Income (Continuing) | 414M | 389M | 570M | 700M | 410M | 276M | 470M | 451M | 443M | 322M | 519M | 584M | 336M | 374M | 595M | 582M | 546M | 436M | 535M | 685M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 1000K | 1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.13 | 1.99 | 2.90 | 3.54 | 2.07 | 1.38 | 2.33 | 2.23 | 2.18 | 1.58 | 2.54 | 2.85 | 1.63 | 1.80 | 2.84 | 2.71 | 2.50 | 1.97 | 2.51 | 3.19 |
| EPS Growth % | 2.9% | 44.2% | 24.46% | 58.74% | -5.05% | -12.66% | -8.27% | -21.75% | 33.74% | -12.22% | -10.56% | 5.17% | -34.8% | -8.63% | 13.15% | -15.05% | - | 60.16% | - | 182.3% |
| EPS (Basic) | 2.13 | 1.99 | 2.91 | 3.54 | 2.07 | 1.38 | 2.34 | 2.24 | 2.19 | 1.58 | 2.55 | 2.86 | 1.64 | 1.81 | 2.85 | 2.72 | 2.51 | 1.98 | 2.53 | 3.21 |
| Diluted Shares Outstanding | 194.8M | 195.9M | 196.6M | 199.2M | 198.5M | 199.8M | 201.3M | 202.3M | 203.2M | 203.9M | 204.6M | 205.1M | 206.1M | 207.8M | 209.8M | 214.35M | 218M | 221.2M | 222.7M | 222.7M |
| Basic Shares Outstanding | 194.6M | 195.7M | 196.2M | 198.9M | 198.3M | 199.6M | 200.8M | 202.3M | 202.6M | 203.4M | 203.8M | 204.3M | 205.4M | 207.1M | 208.7M | 213.2M | 217.1M | 220M | 221.4M | 221.4M |
| Dividend Payout Ratio | - | 1.09% | 28.77% | 23.57% | 41.4% | 56.15% | 33.62% | 70.73% | 35.99% | 48.18% | 29.29% | 26.37% | 47.22% | 110.12% | - | 30% | 0.69% | 82.56% | - | 24.23% |