Ferguson Enterprises Inc. /DE/ (FERG) intrinsic value & 10-year financials
Ferguson Enterprises Inc. /DE/ (FERG) has a Graham intrinsic value of $47.60 per share. At $231.61 on Oct 17, 2026, the stock trades 387% above that value. Over the last 5 fiscal years revenue grew 2.5% a year to $30.8B, with an average return on invested capital of 26.4%.
- Graham intrinsic value
- $47.60
- Share price (Oct 17, 2026)
- $231.61
- Price vs Graham value
- 387% above
- Market cap
- $46.1B
- Revenue (FY2025)
- $30.8B
- Revenue growth (5-yr CAGR)
- 2.5%
- ROIC (10-yr avg)
- 26.4%
- Free cash flow (FY2025)
- $1.6B
FERG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $30.8B | $1.9B | $9.32 | $1.6B | 8.5% | 19.2% |
| FY2024 | $29.6B | $1.7B | $8.53 | $1.5B | 8.9% | 19.2% |
| FY2023 | $29.7B | $1.9B | $9.12 | $2.3B | 8.9% | 21.9% |
| FY2022 | $28.6B | $2.1B | $9.69 | $859.0M | 9.9% | 45.3% |
| FY2021 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Ferguson Enterprises Inc. /DE/ revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Ferguson Enterprises Inc. /DE/ has earned high returns on invested capital, averaging 26.4% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Ferguson Enterprises Inc. /DE/ capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Ferguson Enterprises Inc. /DE/ is modeled at -1.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $47.60 per share.