Ferguson (Ferguson) Interest Expense : $-185 Mil (TTM As of Jan. 2024)

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What is Ferguson Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ferguson's interest expense for the three months ended in Jan. 2024 was $ -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-185 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Ferguson's Operating Income for the three months ended in Jan. 2024 was $ 477 Mil. Ferguson's Interest Expense for the three months ended in Jan. 2024 was $ -44 Mil. Ferguson's Interest Coverage for the quarter that ended in Jan. 2024 was 10.84. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ferguson Interest Expense Historical Data

The historical data trend for Ferguson's Interest Expense 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.

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Ferguson Interest Expense Chart

Ferguson Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Interest Expense

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-97.00

-161.00

-98.00

-111.00

-184.00

Ferguson Quarterly Data
	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-47.00	-48.00	-48.00	-45.00	-44.00

Ferguson Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense 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 $-185 Mil.

Ferguson (NYSE:FERG) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ferguson's Interest Expense for the three months ended in Jan. 2024 was $-44 Mil. Its Operating Income for the three months ended in Jan. 2024 was $477 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $4,760 Mil.

Ferguson's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	477	/	-44
	=	10.84

The higher the ratio, the stronger the company's financial strength is.

Ferguson (Ferguson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Ferguson PLC (NYSE:FERG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

FERGl:UK FERG:UK 24W5:Germany

Address

1020 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, GBR, RG41 5TS

Website

https://www.fergusonplc.com

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