Ferguson Enterprises Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022
Net Income	2,006	1,856	1,735	3,778	4,221
Depreciation & Amortization	380	373	335	321	301
Stock-Based Compensation	88	28	49	51	57
Other Adjustments	42	-40	138	32	43
Change in Receivables	-210	-321	-98	-1	-780
Changes in Inventories	-179	-273	-252	607	-927
Changes in Accounts Payable	95	278	11	-196	436
Changes in Income Taxes Payable	-41	7	-45	24	-103
Operating Cash Flow	2,181	1,908	1,873	2,723	1,149
Operating Cash Flow Growth	14.31%	1.87%	-31.22%	136.99%	-16.86%
Capital Expenditures	-354	-305	-372	-441	-290
Payments for Business Acquisitions	-276	-301	-260	-616	-650
Other Investing Activities	85	63	31	3	-6
Investing Cash Flow	-545	-543	-601	-1,054	-922
Short-Term Debt Issued	-202	4	-16	-15	-4
Net Short-Term Debt Issued (Repaid)	-202	4	-16	-15	-4
Long-Term Debt Issued	-	4,621	2,255	2,775	2,019
Long-Term Debt Repaid	-	-4,400	-2,110	-2,930	-575
Net Long-Term Debt Issued (Repaid)	-	221	145	-155	1,444
Issuance of Common Stock	0	-	17	17	13
Repurchase of Common Stock	-902	-948	-634	-908	-1,637
Net Common Stock Issued (Repurchased)	-902	-948	-617	-891	-1,624
Common Dividends Paid	-656	-489	-784	-711	-538
Other Financing Activities	-88	-74	-41	-35	-22
Financing Cash Flow	-1,848	-1,286	-1,313	-1,807	-744
Effect of Exchange Rate Changes on Cash and Cash Equivalents	20	3	-3	22	-40
Net Cash Flow	-212	79	-41	-138	-517
Free Cash Flow	1,827	1,603	1,501	2,282	859
Free Cash Flow Growth	13.97%	6.79%	-34.22%	165.66%	-24.71%
FCF Margin	5.83%	5.21%	5.06%	7.67%	3.01%
Free Cash Flow Per Share	-	8.05	7.38	11.01	3.92
Levered Free Cash Flow	1,705	2,161	1,541	2,034	2,979
Unlevered Free Cash Flow	2,066	2,076	1,544	2,353	1,603

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.