Filing Flows › Ferguson Enterprises (FERG) › Operating margin
Ferguson Enterprises (FERG) operating margin by quarter
Ferguson Enterprises' operating margin was 10.2% in Q2 2026 (second quarter 2026), +2.0 pts from Q1 2026. Over the last 7 quarters it ranged from 6.0% (Q1 2025) to 10.9% (Q2 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 10.2% | +2.0 pts | -0.7 pts |
| Q1 2026 | 8.2% | -1.2 pts | +2.2 pts |
| Q3 2025 | 9.4% | -1.4 pts | — |
| Q2 2025 | 10.9% | +2.9 pts | +0.7 pts |
| Q1 2025 | 8.0% | +2.0 pts | — |
| Q1 2025 | 6.0% | -4.2 pts | — |
| Q2 2024 | 10.2% | — | — |
Q2 2026 at a glance
Ferguson Enterprises, Q2 2026: revenue $8.8B (+5% year over year), operating margin 10.2%, net earnings $666M, operating cash flow −$56.0M. The chart follows the revenue to costs, profit and cash.
Questions
What is Ferguson Enterprises' operating margin?
Ferguson Enterprises' operating margin was 10.2% in Q2 2026 (second quarter 2026), +2.0 pts from Q1 2026.
How has Ferguson Enterprises' operating margin changed?
Over the last 7 quarters it ranged from 6.0% (Q1 2025) to 10.9% (Q2 2025).