Ferguson Enterprises Inc. FERG

What this company does

Ferguson distributes plumbing, heating, ventilation and air conditioning, appliances, lighting, pipes, valves and fittings, and water and wastewater products and services, selling through a common network of distribution centers, branches, counter service, showroom consultants and e-commerce channels. As of July 31, 2025, it served customers through a network of 11 regional distribution centers, six market distribution centers, approximately 5,900 fleet vehicles, 1,746 branches and approximately 35,000 associates. It had approximately 37,000 suppliers at that date, with no supplier accounting for more than 5% of total inventory purchases. No single customer accounted for more than 1% of net sales in fiscal 2025. The Company's reportable segments are the United States and Canada. The United States segment, which operates primarily under the Ferguson brand, contributed 95% of net sales in each of fiscal years 2025, 2024 and 2023. The Canada segment operates primarily under the Wolseley brand and supplies plumbing, HVAC and refrigeration products to residential and commercial contractors. The business maintained operations throughout Europe, Canada and the United States in the 1900s and disposed of its European operating businesses after its focus shifted to North American markets in the early 2000s, and Ferguson Enterprises Inc. became the ultimate parent company for the business in August 2024.

Written from the business description in Ferguson Enterprises Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 September 2025. Every sentence was checked against that document before publication.