Ferguson Reports Strong Q3 2026 Results Driven by Organic Growth and Acquisitions
Ferguson (FERG) reported robust third-quarter results, with net sales rising 9.5% to $9.0 billion. This growth was fueled by a 7.0% increase in organic sales and significant contributions from recent acquisitions. The company saw particularly strong performance in U.S. nonresidential sales, which grew 15%, benefiting from large-scale capital projects and data center demand. Despite some headwinds, including a slight decrease in gross margin and weakness in the new residential construction market, Ferguson raised its full-year net sales guidance to approximately 7% growth. The company continues to deploy capital aggressively, having invested $1.7 billion in three acquisitions this quarter, while maintaining a healthy net debt to adjusted EBITDA ratio of 1.7x.
Tickers: $FERG
Topics: Adjusted EPS Net Sales Operating Profit Organic Growth Revenue Segments