Ferguson Enterprises (FERG) Margins & Profitability 2024-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 31.0%
EBITDA Margin: 11.3%
Op. Margin: 10.2%
Net Margin: 7.6%

Op. margin of 10.2% is up 4.2% YoY — cost efficiency is improving. Net margin at 7.6% and gross margin of 31.0% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit