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Ferguson (Ferguson) EBIT : $2,486 Mil (TTM As of Jan. 2024)


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What is Ferguson EBIT?

Ferguson's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $477 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $2,486 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ferguson's annualized ROC % for the quarter that ended in Jan. 2024 was 11.73%. Ferguson's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 27.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ferguson's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 5.21%.


Ferguson EBIT Historical Data

The historical data trend for Ferguson's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ferguson EBIT Chart

Ferguson Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,421.00 1,422.00 1,960.00 2,819.00 2,648.00

Ferguson Quarterly Data
Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 542.00 495.00 778.00 736.00 477.00

Competitive Comparison of Ferguson's EBIT

For the Industrial Distribution subindustry, Ferguson's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ferguson's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferguson's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ferguson's EV-to-EBIT falls into.



Ferguson EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,486 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ferguson  (NYSE:FERG) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Ferguson's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=1908 * ( 1 - 25.64% )/( (12120 + 12063)/ 2 )
=1418.7888/12091.5
=11.73 %

where

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Ferguson's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1908/( ( (3151 + max(3618, 0)) + (3198 + max(3718, 0)) )/ 2 )
=1908/( ( 6769 + 6916 )/ 2 )
=1908/6842.5
=27.88 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3600 + 4106 + 1021) - (3555 + 0 + 1554)
=3618

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3092 + 3968 + 917) - (2985 + 0 + 1274)
=3718

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Ferguson's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=2486/47700.323
=5.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ferguson EBIT Related Terms

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Ferguson (Ferguson) Business Description

Traded in Other Exchanges
Address
1020 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, GBR, RG41 5TS
Ferguson distributes plumbing and HVAC products primarily to repair, maintenance and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 37,000 suppliers. Ferguson engages customers through approximately 1,700 North American branches, over the phone, online, and in residential showrooms. In fiscal 2023, Ferguson derived 95% of its nearly $30 billion of sales in the U.S. According to Modern Distribution Management, Ferguson is the largest industrial and construction distributor in North America. The firm sold its U.K. business in 2021 and is now solely focused on the North American market.
Executives
Kevin Michael Murphy director, officer: Chief Executive Officer C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Samantha J Long officer: Chief Human Resources Officer ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Ian T. Graham officer: Chief Legal Officer C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Jake Schlicher officer: See Remarks C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Richard Winckler officer: Chief Accounting Officer C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Michael Jacobs officer: Senior VP of Supply Chain 33 COFFEE LANE, WATERBURY VT 05676
Garland Williams officer: Senior Vice President C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Thees William T. Jr officer: See Remarks C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Geoff Drabble director, other: Chairman C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
James A. Paisley officer: See Remarks 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
William Brundage director, officer: Chief Financial Officer C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Victoria Morrissey officer: Chief Marketing Officer C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Brian May director C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Alan J. Murray director 11125 GULF SHORE DRIVE, NAPLES FL 34108
James S Metcalf director USG CORP, 125 S FRANKLIN STREET DEPT 188, CHICAGO IL 60606

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