Ferguson Plc (FERG) — Working Capital to Net Assets Ratio
Ferguson Plc (FERG) has a Working Capital to Net Assets ratio of 76.0% as of April 2026. Working capital of $4.47 Billion (current assets of $10.16 Billion minus current liabilities of $5.70 Billion) is measured against net assets of $5.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ferguson Plc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ferguson Plc Working Capital to Net Assets (1986–2025)
This chart shows how Ferguson Plc's Working Capital to Net Assets ratio has evolved across 40 annual periods from 1986 to 2025. As of April 2026, the ratio stands at 76.0%, reflecting working capital of $4.47 Billion against net assets of $5.87 Billion USD. See FERG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ferguson Plc (1986–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ferguson Plc from 1986 to 2025, covering 40 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Ferguson Plc market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 70.6% | $4.12 Billion | $5.83 Billion | $10.15 Billion | $6.03 Billion | ▼ -4.1 pp |
| 2024 | 74.7% | $4.19 Billion | $5.62 Billion | $9.41 Billion | $5.22 Billion | ▲ +2.3 pp |
| 2023 | 72.4% | $3.65 Billion | $5.04 Billion | $9.08 Billion | $5.43 Billion | ▼ -8.0 pp |
| 2022 | 80.4% | $3.75 Billion | $4.67 Billion | $9.55 Billion | $5.80 Billion | ▲ +12.6 pp |
| 2021 | 67.8% | $3.39 Billion | $5.00 Billion | $8.13 Billion | $4.74 Billion | ▼ -8.4 pp |
| 2020 | 76.1% | $3.33 Billion | $4.37 Billion | $8.08 Billion | $4.75 Billion | ▲ +6.9 pp |
| 2019 | 69.3% | $3.01 Billion | $4.35 Billion | $7.20 Billion | $4.18 Billion | ▲ +5.5 pp |
| 2018 | 63.8% | $2.59 Billion | $4.06 Billion | $6.60 Billion | $4.02 Billion | ▼ -1.7 pp |
| 2017 | 65.5% | $2.93 Billion | $4.47 Billion | $9.41 Billion | $6.48 Billion | ▲ +7.5 pp |
| 2016 | 58.0% | $2.22 Billion | $3.83 Billion | $6.91 Billion | $4.69 Billion | ▲ +6.0 pp |
| 2015 | 52.0% | $2.12 Billion | $4.07 Billion | $7.68 Billion | $5.57 Billion | ▲ +7.0 pp |
| 2014 | 45.0% | $2.19 Billion | $4.88 Billion | $6.59 Billion | $4.40 Billion | ▼ -1.9 pp |
| 2013 | 46.8% | $2.18 Billion | $4.65 Billion | $6.36 Billion | $4.18 Billion | ▼ -10.6 pp |
| 2012 | 57.5% | $2.83 Billion | $4.92 Billion | $6.88 Billion | $4.05 Billion | ▲ +2.4 pp |
| 2011 | 55.1% | $3.05 Billion | $5.54 Billion | $7.49 Billion | $4.44 Billion | ▲ +22.2 pp |
| 2010 | 32.9% | $1.58 Billion | $4.80 Billion | $6.79 Billion | $5.21 Billion | ▼ -11.9 pp |
| 2009 | 44.9% | $2.53 Billion | $5.64 Billion | $7.80 Billion | $5.27 Billion | ▼ -3.6 pp |
| 2008 | 48.5% | $3.23 Billion | $6.66 Billion | $10.76 Billion | $7.53 Billion | ▲ +1.4 pp |
| 2007 | 47.1% | $3.31 Billion | $7.02 Billion | $11.11 Billion | $7.80 Billion | ▼ -44.0 pp |
| 2006 | 91.0% | $4.41 Billion | $4.84 Billion | $10.01 Billion | $5.60 Billion | ▲ +12.9 pp |
| 2005 | 78.2% | $3.16 Billion | $4.04 Billion | $8.02 Billion | $4.86 Billion | ▼ -2.2 pp |
| 2004 | 80.4% | $2.79 Billion | $3.47 Billion | $7.20 Billion | $4.41 Billion | ▲ +3.9 pp |
| 2003 | 76.5% | $2.19 Billion | $2.86 Billion | $5.61 Billion | $3.42 Billion | ▲ +5.2 pp |
| 2002 | 71.2% | $1.78 Billion | $2.50 Billion | $4.39 Billion | $2.61 Billion | ▼ -8.4 pp |
| 2001 | 79.7% | $1.70 Billion | $2.13 Billion | $4.17 Billion | $2.47 Billion | ▲ +4.8 pp |
| 2000 | 74.8% | $1.49 Billion | $1.99 Billion | $3.66 Billion | $2.17 Billion | ▲ +5.7 pp |
| 1999 | 69.2% | $1.23 Billion | $1.78 Billion | $3.59 Billion | $2.36 Billion | ▼ -24.6 pp |
| 1998 | 93.8% | $1.47 Billion | $1.57 Billion | $3.40 Billion | $1.93 Billion | ▲ +0.4 pp |
| 1997 | 93.5% | $1.30 Billion | $1.39 Billion | $3.08 Billion | $1.79 Billion | ▼ -9.3 pp |
| 1996 | 102.8% | $1.25 Billion | $1.22 Billion | $2.80 Billion | $1.54 Billion | ▼ -6.2 pp |
| 1995 | 109.0% | $1.12 Billion | $1.02 Billion | $2.61 Billion | $1.49 Billion | ▼ -6.1 pp |
| 1994 | 115.2% | $985.61 Million | $855.79 Million | $2.27 Billion | $1.29 Billion | ▼ -4.4 pp |
| 1993 | 119.6% | $751.68 Million | $628.68 Million | $1.65 Billion | $893.83 Million | ▲ +47.4 pp |
| 1992 | 72.2% | $477.34 Million | $661.27 Million | $1.66 Billion | $1.19 Billion | ▼ -5.0 pp |
| 1991 | 77.2% | $455.93 Million | $590.42 Million | $990.64 Million | $534.72 Million | ▲ +0.6 pp |
| 1990 | 76.7% | $450.07 Million | $587.15 Million | $1.09 Billion | $644.83 Million | ▼ -6.4 pp |
| 1989 | 83.0% | $417.11 Million | $502.28 Million | $997.61 Million | $580.51 Million | ▲ +0.9 pp |
| 1988 | 82.2% | $367.92 Million | $447.63 Million | $878.70 Million | $510.78 Million | ▲ +15.2 pp |
| 1987 | 67.0% | $240.28 Million | $358.46 Million | $562.90 Million | $322.62 Million | ▼ -3.0 pp |
| 1986 | 70.1% | $212.95 Million | $303.96 Million | $513.62 Million | $300.67 Million | — |