Ferguson Enterprises targets higher profitability in FY2026 while pursuing a $1.6 billion deal to expand its FloWorks business segment.
Ferguson Enterprises Inc. (FERG) outlined a FY2026 operating margin target of 9.5%-9.8%, signaling confidence in sustained profitability growth. The company also announced plans to acquire FloWorks for $1.6 billion, aiming to bolster its market position.
In Q2 2026, Ferguson reported sales of $8.8 billion, reflecting continued revenue expansion. CEO Kevin Murphy highlighted strong execution and market outperformance, driven by both top-line and profit growth.
The margin guidance and acquisition align with Ferguson’s strategy to enhance operational efficiency and scale its business segments amid competitive industry conditions.