Ferguson Enterprises Declares $0.89 Quarterly Dividend
Ferguson Enterprises Inc., a distributor of plumbing and HVAC products, declared a quarterly cash dividend of $0.89 per share. The dividend will be paid on April 30, 2026 to stockholders of record as of March 6, 2026.
Ferguson Enterprises Inc. (NYSE: FERG), a distributor of plumbing and HVAC products, declared a quarterly cash dividend of $0.89 per share on February 24, 2026. The dividend will be paid on April 30, 2026 to stockholders of record as of March 6, 2026. Read more dividend announcements.
The company paid $3.38 per share in total dividends during calendar year 2025, making the current quarterly declaration consistent with the company's recent dividend run rate.
| Dividend Details | Information |
|---|---|
| Amount | $0.89 per share |
| Record Date | March 6, 2026 |
| Payment Date | April 30, 2026 |
| Type | Quarterly Cash Dividend |
Strong 2025 Performance
Ferguson reported calendar year 2025 sales of $31.3 billion, an increase of 5.0% over the prior year. The company generated $2.2 billion in operating cash flow and maintained a net debt to adjusted EBITDA ratio of 1.1x at December 31, 2025.
Diluted earnings per share reached $10.16, up 24.2% from the prior year. On an adjusted basis, diluted earnings per share were $10.58, an increase of 13.4%.
Gross margin for the full year was 31.0%, an increase of 70 basis points over 2024. Operating margin reached 8.9%, up 40 basis points year-over-year, or 9.6% on an adjusted basis.
Capital Allocation
During 2025, Ferguson invested $276 million in eight acquisitions generating annualized revenue in excess of $300 million. The company also invested $400 million in capital expenditures.
Ferguson repurchased $900 million of shares during the year, buying back 4.5 million shares. The company had approximately $600 million remaining under its current share repurchase program at December 31, 2025.
Segment Performance
The USA segment generated net sales of $29.8 billion, up 5.1% year-over-year, with adjusted operating profit of $3.0 billion, an increase of 12.1%. The Canada segment posted net sales of $1.5 billion, up 2.7%, though adjusted operating profit declined 10.0% to $54 million.
CEO Kevin Murphy highlighted the company's performance against a challenging residential market, noting "double digit non-residential growth during the year." He added that the company's scale-advantaged business model and strong balance sheet enable continued investment in organic growth, market consolidation through acquisitions, and capital returns to shareholders.