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Ferguson
Ferguson

-5.29%

Construction / Building materials

At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview

Ferguson Enterprises is a wholesale plumbing and HVAC distributor headquartered in Newport News, Virginia. The company was founded in 1953 by Charles Ferguson Sr. and originally focused on plumbing supplies for contractors. Today, the company has over 1,400 locations nationwide and offers a wide range of products and services for residential and commercial plumbing, heating, cooling, and building industries.
In addition to supplying products, Ferguson also provides services such as project management, custom fabrication, and inventory management. The company has a strong focus on customer service and has been recognized as a top workplace for multiple years.
Ferguson is a subsidiary of Wolseley plc, a global distributor of building materials and construction products. The company has a long history of growth and expansion through acquisitions and partnerships, including the recent acquisition of Build.com in 2020.
Ferguson's commitment to sustainability and community involvement is evident through their various initiatives such as promoting water conservation and supporting local charities and organizations.
Today, Ferguson is one of the largest wholesale distributors in the United States and continues to be a leader in the plumbing and HVAC industry.

What is special about the company?

1. Established history: The Ferguson company has been in business for over 65 years, making it one of the oldest and most respected companies in the plumbing, HVAC, and waterworks industries.
2. National reach: With over 1,400 locations across the United States, Ferguson has a strong presence and extensive reach to serve customers nationwide.
3. Diverse product selection: The company offers a wide range of products from over 1,500 manufacturers, providing customers with a variety of options to meet their specific needs.
4. Strong customer service: Ferguson is known for its excellent customer service, providing knowledgeable and responsive support to its customers.
5. Industry leadership: As a leader in its industry, Ferguson has a strong reputation for innovation, quality, and reliability, setting the standard for others to follow.
6. Commitment to sustainability: The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact, such as using energy-efficient lighting and implementing recycling programs.
7. Training and education programs: Ferguson offers training and development programs for its employees and customers, ensuring that they are knowledgeable about the latest products and technology in the industry.
8. Community involvement: Ferguson is actively involved in the communities it serves, supporting local charities and organizations through donations and volunteer efforts.
9. Employee-focused: The company values its employees and is committed to creating a positive work environment, offering benefits and development opportunities to support their growth and success.
10. Continuous growth: Despite being a well-established company, Ferguson continues to grow and expand its reach, constantly adapting to changing market trends and customer needs.

What the company's business model?

The Ferguson company is a leading distributor of plumbing and HVAC/R products. They operate on a B2B (business-to-business) model, supplying these products to professional contractors, builders, and commercial customers.
Their business model is centered around providing a wide range of high-quality products from top brands to their customers at competitive prices. They achieve this by leveraging their strong relationships with suppliers and actively negotiating for the best pricing and terms.
Ferguson also offers value-added services such as customized solutions, project planning, training, and marketing support to help their customers grow their businesses. They have a large network of over 1,400 locations across the United States, making it easy for customers to access products and services quickly and conveniently.
Additionally, the Ferguson company has invested in technology and e-commerce capabilities, allowing customers to place orders, track shipments, and access product information online. This helps to streamline the purchasing process and provide a seamless experience for customers.
Overall, Ferguson's business model focuses on providing a comprehensive range of products and services, excellent customer service, and a strong distribution network, positioning them as a leader in the plumbing and HVAC/R industry.

Interesting facts about the company

1. The Ferguson company was founded in 1953 by Charles Ferguson as a plumbing supply business in Newport News, Virginia.
2. The company is a leading distributor of plumbing, HVAC, waterworks, and industrial products to professional contractors and builders in the United States.
3. In 1972, Ferguson became a subsidiary of Wolseley plc, a multinational building materials distribution company based in the United Kingdom.
4. Ferguson has more than 1,400 locations and approximately 27,000 employees in all 50 states, making it the largest distributor of plumbing supplies in the country.
5. In addition to its plumbing products, Ferguson also offers electrical and lighting supplies, appliances, and kitchen and bath fixtures.
6. The company serves a wide range of customers, including residential and commercial contractors, government agencies, and industrial facilities.
7. Ferguson has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact, such as recycling programs and energy-efficient lighting systems in its facilities.
8. In 2018, Ferguson was named one of Fortune’s World’s Most Admired Companies in the building materials industry for the ninth consecutive year.
9. The company has been a major sponsor of Habitat for Humanity, providing plumbing supplies and volunteer labor for homebuilding projects.
10. Ferguson has also been recognized for its philanthropic efforts, with its employees and foundation providing support to numerous charitable organizations and disaster relief efforts.

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