Breaking News
Get 40% Off 0
Is NVDA a 🟢 buy or 🔴 sell? Unlock Now

Ferguson CEO’s pay at $5.4 million as firm posts solid growth

Published Nov 23, 2023 05:58AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
© Reuters.
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio

Ferguson plc has disclosed CEO Kevin Murphy's total remuneration for the fiscal year ending July 2023, which amounts to $5.4 million. This figure comes amidst the backdrop of the company's solid financial performance, with an increase in revenue by 4.1%, a 29% rise in earnings per share (EPS), and a total shareholder return of 64%. The details of Murphy's compensation, which is below the industry median, were released ahead of the Annual General Meeting (AGM) scheduled for Monday.

Murphy's salary constitutes approximately 22% of his total remuneration, equating to $1.2 million. Despite his compensation being under the industry median, Murphy holds shares in Ferguson valued at around $21 million, indicating a significant personal investment in the company's success. The company's market capitalization stands at $34 billion.

The AGM on Monday will delve into Ferguson's financial results and strategic direction, with a particular focus on how executive compensation aligns with company performance. Shareholders are expected to engage actively in discussions, bolstered by a visual presentation of future expectations that could influence their views on strategic initiatives and investment decisions.

InvestingPro Insights

Ferguson plc's financial metrics and market performance present a compelling narrative as the company heads into its Annual General Meeting. With a solid market capitalization of $33.99 billion and a Price/Earnings (P/E) ratio of 18.36, the company's valuation reflects a robust business model. Notably, the P/E ratio has been adjusted to 17.07 over the last twelve months as of Q4 2023, indicating a slightly more favorable investment profile when considering the company's earnings capacity.

An InvestingPro Tip highlights Ferguson as a prominent player in the Trading Companies & Distributors industry, which is supported by its high return on assets at 11.93% for the same period. This suggests efficient use of company resources in generating profits. Additionally, investors may find the dividend yield of 1.79% particularly attractive, coupled with an impressive dividend growth of 78.57% over the last twelve months as of Q4 2023, reflecting the company's commitment to returning value to shareholders.

As shareholders prepare for the AGM, these data points, along with a notable total shareholder return of 42.03% over the past year, may reinforce confidence in the strategic direction and leadership of CEO Kevin Murphy. For those looking to delve deeper into Ferguson's financial health and future prospects, InvestingPro offers additional insights. There are 13 more InvestingPro Tips available, providing a comprehensive analysis for investors. It's worth mentioning that InvestingPro subscription is now on a special Black Friday sale, offering up to a 55% discount for those seeking in-depth investment intelligence.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Ferguson CEO’s pay at $5.4 million as firm posts solid growth

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your profile, will be public on and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
Sign up with Email