Ferguson Employee Pipeline (2024)

FAQs

Who owns Ferguson Plumbing? ›

Ferguson plc

Ferguson Enterprises / Parent organization

As of July 31, 2023, the U.S. business operated 1,549 branches and 10 national distribution centers serving all 50 states with approximately 32,000 associates. These locations provide same-day and next-day product availability, which we believe to be a competitive advantage and an important requirement for customers.

Newport News, VA

Ferguson Enterprises / Headquarters

Ferguson is listed on the New York Stock Exchange (NYSE: FERG) and the London Stock Exchange (LSE: FERG). Since May 12, 2022 the New York Stock Exchange has become Ferguson's primary listing venue.

Management criteria checks 4/4. Ferguson's CEO is Kevin Murphy, appointed in Nov 2019, has a tenure of 4.58 years. total yearly compensation is $5.44M, comprised of 22% salary and 78% bonuses, including company stock and options.

Ferguson has a market cap or net worth of $39.45 billion. The enterprise value is $44.10 billion.

Should you be buying Ferguson stock or one of its competitors? The main competitors of Ferguson include Watsco (WSO), Watsco (WSO. B), Eaton (ETN), ABB (ABBNY), Deere & Company (DE), Cintas (CTAS), Illinois Tool Works (ITW), Parker-Hannifin (PH), Emerson Electric (EMR), and Johnson Controls International (JCI).

Kevin Murphy, Chief Executive Officer

Kevin joined Ferguson in 1999 as an operations manager following the acquisition of his family's business, Midwest Pipe and Supply. Prior to his appointment as Group CEO, he held a number of leadership positions in the Group's Waterworks division.

Wolseley Acquires Ferguson

In the 1980s, Wolseley-Hughes Limited, a U.K-based company with a rich and diverse history dating back to the 1880s, expands its businesses in the U.S., Canada, and Europe.

What is the largest plumbing wholesaler in the United States? The largest plumbing wholesaler in the US is Ferguson Enterprises.

How many Ferguson locations are there? ›

With 1,750+ locations spread across the U.S.and Canada, we are a North American business.

Ferguson was founded in 1953. The company started with two locations: Lenz Supply and Smither Supply. Expansion continued throughout the Southeast and Ferguson established its headquarters in Newport News, Virginia. By 1982 Ferguson began to double in size every five years and had locations in 11 states.

Based on analyst ratings, Ferguson PLC's 12-month average price target is 18,323.50p. Ferguson PLC has 15.90% upside potential, based on the analysts' average price target. Ferguson PLC has a consensus rating of Strong Buy, which is based on 10 buy ratings, 1 hold ratings and 0 sell ratings.

In 2022, adjusted operating profit was 41.1% or $859 million, ahead of last year due to strong sales growth and operating leverage.

The Ferguson Australia Group is 100% Australian owned and operated by the Ferguson family who are based in South Australia.

Wolseley continued to expand buying both manufacturing and distribution businesses. In 1982, it entered the market in the United States by acquiring Ferguson Enterprises, a distributor of plumbing supplies, with around fifty branches on the East Coast of the United States.

One of the largest private companies in Greater Cincinnati has been acquired. Signature Hardware, the Erlanger-based retailer of bath fixtures, plumbing supplies, hardware and home decor, was acquired by Ferguson Enterprises Inc., a part of Wolseley plc.