Every material Form 8-K Ferguson Enterprises filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Ferguson Enterprises reported results for the quarter ended October 31, 2025, with net sales of $8.2 billion, up 5.1%, and reported diluted earnings per share of $2.90, up 23.9%. It now expects calendar 2025 net sales growth of about 5%, compared with mid-single digit growth previously, and raised the low end of its adjusted operating margin range to 9.4%-9.6%. For shareholders, the filing shows higher sales and profit, along with a quarterly dividend of $0.89, up 7%.
Net sales of $8.2 billion, up 5.1%; reported diluted EPS of $2.90, up 23.9%; adjusted diluted EPS of $2.84, up 15.9%
Calendar 2025 guidance: net sales growth about 5% (prior: mid-single digit); adjusted operating margin 9.4%-9.6% (prior: 9.2%-9.6%)
US non-residential revenue rose 12% in the quarter, while US residential revenue fell 1%
Share repurchases of $208 million in the quarter; quarterly dividend of $0.89 payable February 27, 2026
Ferguson reported fourth-quarter sales of $8.5 billion, up 6.9%, and diluted EPS of $3.55 versus $2.23 a year earlier, with adjusted EPS of $3.48, up 16.8%. The company also said it will change its fiscal year-end from July 31 to December 31, with a five-month transition period from August 1 to December 31, 2025, and gave calendar 2025 guidance of mid-single digit revenue growth and a 9.2% to 9.6% adjusted operating margin.
Q4 net sales $8.5 billion, up 6.9%; organic revenue up 5.8%; reported operating profit $925 million, up 14.1%
Full-year sales $30.8 billion, up 3.8%; reported operating profit $2.6 billion, down 1.7%; adjusted diluted EPS $9.94, up 2.6%
Calendar 2025 guidance: mid-single digit revenue growth and adjusted operating margin of 9.2% to 9.6%
Next earnings release December 9, 2025; 2026 annual meeting set for April 30, 2026; shareholder proposal deadline November 16, 2025
Ferguson reported results for the quarter ended April 30, 2025, with net sales of $7.6 billion, up 4.3%, and adjusted diluted EPS of $2.50, up 7.8%. Reported diluted EPS fell 5.0% to $2.07 after $68 million of business restructuring charges, and the company raised its adjusted operating margin guidance for fiscal 2025 to 8.5% to 9.0%.
Net sales were $7.6 billion for the quarter, up 4.3%, with organic revenue growth of 5.0%.
Reported diluted EPS was $2.07, down from $2.18; adjusted diluted EPS was $2.50, up from $2.32.
Business restructuring charges were $68 million, with expected annualized savings of about $100 million.
Fiscal 2025 adjusted operating margin guidance was raised to 8.5% to 9.0%, from 8.3% to 8.8%.
Ferguson Enterprises entered into a $1.5 billion unsecured revolving credit agreement maturing April 2, 2030, with JPMorgan Chase Bank as administrative agent. On the same day, it terminated its existing $1.35 billion revolving facility, which had no borrowings outstanding. The filing is a refinancing of existing credit capacity, with larger committed amounts and a maximum net leverage covenant of 3.50 to 1.00.
New $1.5 billion unsecured revolving facility matures April 2, 2030, with an option to add up to $500 million in commitments
Existing $1.35 billion multicurrency revolving facility, dated March 10, 2020, was terminated April 2, 2025, with no borrowings outstanding
Maximum net leverage ratio covenant of 3.50 to 1.00, temporarily stepping up to 4.00 to 1.00 after certain material acquisitions
Ferguson reported fiscal second-quarter 2025 results for the quarter ended January 31, 2025, with net sales up 3.0% to $6.9 billion while reported diluted earnings per share fell 12.7% to $1.38. The company reaffirmed its full-year low single digit sales growth guidance but lowered its adjusted operating margin range to 8.3% to 8.8% from 9.0% to 9.5%, and it also declared a $0.83 quarterly dividend and raised its buyback authorization by $1.0 billion.
Net sales of $6.9 billion, up 3.0%; reported operating profit of $410 million, down 14.0%
Diluted EPS of $1.38 versus $1.58 a year earlier; adjusted EPS of $1.52 versus $1.74
FY2025 adjusted operating margin guidance cut to 8.3% to 8.8% from 9.0% to 9.5%; capital expenditure guidance lowered to $325 million to $375 million
Quarterly dividend of $0.83 payable May 6, 2025; share repurchase program increased by $1.0 billion to about $1.4 billion remaining
Ferguson Enterprises said Bill Thees, currently Senior Vice President, will take the title of Chief Operating Officer effective February 1, 2025. The change reflects an expanded role that will add the company's supply chain and facilities functions to his oversight over the coming months.
Bill Thees, age 58, changes title from Senior Vice President to Chief Operating Officer effective February 1, 2025
Role expands to include supply chain and facilities functions
Base salary adjustment is anticipated but not yet approved; described as immaterial
Employment agreement to be amended February 1, 2025; executed amendment to be filed with the 10-Q for the quarter ending January 31, 2025
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Ferguson Enterprises filing is on SEC EDGAR ↗. 8-K briefs of other companies →