Reported Q: Q4 2024 Rev YoY: +1.4% EPS YoY: -22.4% Move: +0.30%
Ferguson plc
FERG.L
Β£16 850 0.30%
Exchange LSE Sector Industrials Industry Industrial Distribution
Q4 2024
Published: Sep 25, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for FERG.L

Reported

Report Date

Sep 25, 2024

Quarter Q4 2024

Revenue

7.95B

YoY: +1.4%

EPS

2.23

YoY: -22.4%

Market Move

+0.30%

Previous quarter: Q3 2024

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Earnings Highlights

  • Revenue of $7.95B up 1.4% year-over-year
  • EPS of $2.23 decreased by 22.4% from previous year
  • Gross margin of 31.0%
  • Net income of 451.00M
  • "Not provided in dataset" - N/A
FERG.L
Company FERG.L

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Executive Summary

Ferguson plc delivered a solid QQ4 2024 performance with revenue of USD 7.946 billion and an EBITDA of USD 0.893 billion, translating to an EBIT margin of 10.2% and a net margin of 5.7%. The quarter showed meaningful QoQ improvement across revenue, gross profit, and operating income, driven by a resilient US/Canada plumbing and HVAC distribution footprint and ongoing execution in price realization and mix. Net income declined on a YoY basis by 22.8%, largely reflecting a higher tax burden and non-operating factors rather than a deterioration in operating performance, while EPS dipped 22.4% YoY but rose 1.37% QoQ to USD 2.23 (diluted USD 2.23). Cash generation remained robust, with operating cash flow of USD 0.366 billion and free cash flow of USD 0.257 billion, supporting a total cash balance of USD 0.625 billion at period end. The balance sheet remains heavily levered, with net debt of USD 4.946 billion and a debt-to-capitalization ratio near 0.50, underscoring a continued priority on deleveraging and capital allocation (including a material set of share buybacks and dividend payments). Investors should monitor leverage trajectory, working capital dynamics, and the cadence of store/branch network investments against cash flow generation as Ferguson navigates a continuing macro backdrop that includes construction activity cycles and housing market trends.

Key Performance Indicators

Revenue
Increasing
7.95B
QoQ: 8.73% | YoY: 1.38%
Gross Profit
Increasing
2.46B
30.97% margin
QoQ: 14.63% | YoY: 2.46%
Operating Income
Increasing
811.00M
QoQ: 27.32% | YoY: 3.71%
Net Income
Decreasing
451.00M
QoQ: 1.81% | YoY: -22.77%
EPS
Decreasing
2.22
QoQ: 1.37% | YoY: -22.38%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 8,169.00 2.90 +11.8% View
Q2 2025 6,872.00 1.38 +3.0% View
Q1 2025 7,772.00 2.33 +0.8% View
Q4 2024 7,946.00 2.23 +1.4% View
Q3 2024 7,308.00 2.18 +2.4% View