Plumbing and HVAC contractor Ferguson Enterprises beats Q4 sales, adjusted EPS estimates

Ferguson Enterprises

16/09/2025 11:56

Overview

Ferguson Enterprises Q4 sales rise 6.9% to $8.5 bln, beating analyst expectations

Adjusted EPS for Q4 up 16.8%, surpassing analyst estimates, per LSEG data

Company changes fiscal year-end to Dec 31, effective Jan 1, 2026

Shares of the company rises 5.3% in premarket trading

Outlook

Ferguson expects mid-single digit revenue growth for calendar 2025

Company anticipates 2025 adjusted operating margin of 9.2% to 9.6%

Ferguson transitioning fiscal year-end to December 31

Company cites uncertain market conditions but sees medium-term growth potential

Result Drivers

SALES GROWTH - Q4 sales rose 6.9% to $8.5 bln, driven by 5.8% organic growth and 1.1% from acquisitions

MARGIN IMPROVEMENT - Gross margin increased by 70 bps to 31.7%, attributed to strong execution and supplier price increases

ACQUISITIONS - Completed four acquisitions in Q4, contributing to revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$8.50 bln
$8.41 bln (12 Analysts)
Q4 Adjusted EPS
Beat
$3.48
$2.98 (12 Analysts)
Q4 EPS
$3.55
Q4 Adjusted EBITDA
Beat
$1.03 bln
$903.70 mln (10 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Ferguson Enterprises Inc is $248.50, about 13.7% above its September 15 closing price of $214.53

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nBw9DTtJVa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)