Ferguson reported total revenue of $6.87 billion for Q2 2025, reflecting a 3.0% increase year-over-year. Despite revenue growth, operating profit declined by 14.0% to $410 million, primarily due to lower margins impacted by persistent commodity price deflation. Adjusted EBITDA stood at $502 million, down 11.6% from the previous year. Diluted earnings per share decreased to $1.38, while adjusted diluted EPS was $1.52.
Ferguson reported a 0.8% increase in net sales to $7.8 billion, driven by a 3% increase in sales volume, which was partially offset by a 2% deflation. The company's diluted earnings per share were $2.34, and adjusted diluted earnings per share were $2.45. The company reaffirmed its fiscal year 2025 financial guidance, expecting modest full-year revenue growth.
Ferguson reported a 1.4% increase in net sales to $7.9 billion for the fourth quarter. The operating margin increased by 20 bps to 10.2%. Diluted earnings per share were $2.23, while adjusted diluted earnings per share reached $2.98.