Ferguson Enterprises management check
FERG · Industrials · Trading Companies & Distributors · CEO Kevin Murphy
Filings as of
6 good · 1 to watch · 0 flagged, across the seven questions below.
- Good
Have owners done well?
Beat its chosen peers$100 invested at the start of fiscal 2021 grew to $278, against $237 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.59 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Good
What does the CEO cost owners?
1.0% of net income$7.7m of reported pay in fiscal 2025, against $786.0m of net income.
- Watch
Do they own the stock?
Insiders are selling7 insiders sold $8.6m in the last six months and none bought. 18 of 19 sales ran on pre-arranged 10b5-1 plans.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -1.9% a year over the last three fiscal years. Stock-based pay was 0.1% of revenue in the latest year.
- Good
Is leadership stable?
1 leadership filings in 3 yearsCEO in the pay table: Kevin Murphy. 1 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2024.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Industrials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 72 | 55 | |
| Pay for performance | 79 | 86 | |
| CEO cost | 51 | 48 | |
| Skin in the game | — | — | 55 |
| Dilution | 74 | 62 | |
| Stable leadership | 100 | 75 | |
| Clean books | 100 | 100 |
Closest peers
Others in Trading Companies & Distributors, by management score. Ferguson Enterprises is 7th of 81 in its sector.
- 44RTXRTX Corporation82
- 60FERGFerguson Enterprises79
- 64DALDelta Air Lines79
- 73MASMasco78
- 77URIUnited Rentals78
- 407FASTFastenal52
Pay versus performance
From the proxy statement filed March 16, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Kevin Murphy | $7.7m | $10.7m | $1.9m | $278 | $237 | $786.0m |
| 2024 | — | $9.1m | $14.6m | $2.9m | $272 | $191 | $1.7bn |
| 2023 | — | $5.4m | $8.7m | $2.3m | $194 | $162 | $1.9bn |
| 2022 | — | $4.9m | $5.4m | $2.2m | $147 | $138 | $2.1bn |
| 2021 | — | $5.0m | $12.6m | $1.2m | $160 | $146 | $1.5bn |
The board says pay is tied most to adjusted operating profit. Its other key measures: Adjusted Operating Profit(2), Adjusted Earnings per Share ("EPS") - Diluted(3), Return on Capital Employed ("ROCE")(4).
Insiders and the CEO's stake
7 insiders sold $8.6m in the last six months and none bought. 18 of 19 sales ran on pre-arranged 10b5-1 plans.
- SoldKevin Michael MurphySee Remarks · 10b5-1 plan$3.0mOct 15, 2026
- SoldJake SchlicherChief Strategy Officer$2.0mOct 15, 2026
- SoldWilliam BrundageChief Financial Officer · 10b5-1 plan$1.3mOct 12, 2026
- SoldWilliam T. Jr TheesChief Operating Officer · 10b5-1 plan$899kOct 15, 2026
Leadership and governance on file
- Jan 10, 2025Leadership change8-K 5.02
Latest shareholder vote results: May 4, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $6.6bn returned to owners in buybacks and dividends, 86% of net income, and $185.0m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | — | $28.6bn | $29.7bn | $29.6bn | $30.8bn |
| Net income | — | $2.1bn | $1.9bn | $1.7bn | $1.9bn |
| Stock-based pay | — | $57.0m | $51.0m | $49.0m | $28.0m |
| Buybacks | — | $1.5bn | $908.0m | $634.0m | $948.0m |
| Dividends | — | $538.0m | $711.0m | $784.0m | $489.0m |
| Diluted shares | — | 219m | 207m | 204m | 199m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.