Ferguson Enterprises

Ferguson Enterprises Inc.
Company typePublic company
Founded1953; 71 years ago (1953)
Birmingham, Alabama, U.S.
HeadquartersNewport News, Virginia
Key people
Kevin Murphy, President & CEO
William Brundage, CFO
Geoffrey Drabble, Chairman
ProductsPlumbing, heating, ventilation and air conditioning (HVAC), appliances, and lighting to pipes, valves and fittings (PVF)
Revenue
  • Decrease US$29.634 billion (July 31, 2024)
  • Decrease US$2.652 billion (July 31, 2024)
  • Decrease US$1.735 billion (July 31, 2024)
Total assets
  • Increase US$16.572 billion (July 31, 2024)
Total equity
  • Increase US$5.616 billion (July 31, 2024)
Number of employees
Approximately 35,000 (July 31, 2024), including 32,000 in the United States and 3,000 in Canada
Websitewww.ferguson.com
www.build.com
Footnotes / references
[1]

Ferguson Enterprises Inc., headquartered in Newport News, Virginia and organized in Delaware, is the largest U.S. distributor of plumbing, heating, ventilation and air conditioning (HVAC), appliances, and lighting to pipes, valves and fittings (PVF), and water and wastewater products.[1] The company receives 95% of its revenue in the United States and 5% of its revenue in Canada.[1] The company has 36,000 suppliers and operates from 11 regional distribution centers, four MDCs, approximately 5,900 fleet vehicles, and 1,773 branches.[1] Build.com is the company's primary online shopping channel. Its primary competitors are Amazon.com in e-commerce and Home Depot in retail.[2]

In August 2024, Ferguson plc merged into the company.[3][4][5]

  1. ^ a b c d "Ferguson Enterprises Inc. Form 10-K for the Fiscal Year Ended December 31, 2023". U.S. Securities and Exchange Commission. September 25, 2024.
  2. ^ Bernard, Brian (March 5, 2024). "Acquisitions Will Help Ferguson Grow Faster Than Subdued End Markets in Fiscal 2024". Morningstar, Inc.
  3. ^ "Ferguson Enterprises Inc.: Establishment of new corporate structure, cancellation of Ferguson plc listing and admission of Ferguson Enterprises Inc. common stock" (Press release). Business Wire. 1 August 2024.
  4. ^ "Ferguson parent company headquartered in Newport News". The Virginian-Pilot. 28 August 2024.
  5. ^ "Ferguson changes parent company to Ferguson Enterprises amid US shift". Market Screener. 1 August 2024.