Ferguson Plc

NYSE FERG

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Ferguson Plc Return on Tangible Equity (ROTE) 2 year CAGR for the quarter ending January 31, 2024: -15.96%

Ferguson Plc Return on Tangible Equity (ROTE) 2 year CAGR is -15.96% for the quarter ending January 31, 2024. Return on tangible equity measures the profitability of a company relative to its tangible equity, which is shareholders' equity minus goodwill and intangible assets. It is calculated by dividing the net income by the tangible equity. This ratio indicates the return generated for each unit of tangible equity invested by the shareholders. A higher return on tangible equity suggests better profitability and value creation for the shareholders' tangible investment. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Ferguson Plc Return on Tangible Equity (ROTE) for the quarter ending January 31, 2023 was 20.41%, a 7.41% change year over year.
  • Ferguson Plc Return on Tangible Equity (ROTE) for the quarter ending January 31, 2022 was 19.01%, a 242.11% change year over year.
  • Ferguson Plc Return on Tangible Equity (ROTE) for the quarter ending January 31, 2021 was 5.56%.
NYSE: FERG

Ferguson Plc

CEO Mr. Kevin Murphy
IPO Date Jan. 5, 2010
Location United Kingdom
Headquarters 1020 Eskdale Road, Wokingham, United Kingdom, RG41 5TS
Employees 35,000
Sector Industrials
Industry Industrial distribution
Description

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name. In addition, it supplies pipes, valves, fittings, plumbing supplies, water and wastewater treatment products, and refrigeration products under Wolseley brand name. Further, the company provides after-sales support comprising warranty, credit, project-based billing, returns, maintenance, repair, and operations support. It sells its products through wholesale distributors, supply houses, retail enterprises, and online. Ferguson plc was founded in 1887 and is headquartered in Wokingham, the United Kingdom.

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StockViz Staff

September 20, 2024

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