Ferguson plc(US:FERG)2025-12-09 13:30Financial Performance - Net sales reached $8.2 billion, a 5.1% increase compared to 2024, driven by market outperformance with organic growth of 4.2% and acquisition growth of 1.0%[6] - Adjusted operating profit increased by 14.4% to $808 million, with an adjusted operating margin of 9.9%, up 80 bps[6] - Adjusted diluted EPS increased by 15.9% to $2.84[6] - Adjusted EBITDA increased by 14.4% to $867 million[13] Capital Allocation - Capital deployment totaled $511 million, including a quarterly dividend of $0.89 per share, a 7% increase year-over-year[6] - $372 million was returned to shareholders through share repurchases and dividends[6] - The company completed one acquisition during the quarter[6] - The company invested $118 million in capital expenditures[25] - The company has an outstanding balance of approximately $800 million in share repurchase program[26] Segment Performance (US) - US net sales increased by 5.3%[8] - Residential sales declined by 1%, while non-residential sales increased by 12%[8] - Waterworks customer group sales increased by 14%, while Commercial/Mechanical increased by 21%[10] Guidance - The company updated its calendar 2025 net sales growth guidance to approximately 5%[27] - The company updated its calendar 2025 adjusted operating margin guidance to 9.4%-9.6%[27]