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Side-by-side financial comparison of Abbott Laboratories (ABT) and Ferguson Enterprises Inc. (FERG). Click either name above to swap in a different company.

Abbott Laboratories is the larger business by last-quarter revenue ($11.5B vs $8.2B, roughly 1.4× Ferguson Enterprises Inc.). Abbott Laboratories runs the higher net margin — 15.5% vs 7.0%, a 8.5% gap on every dollar of revenue. On growth, Ferguson Enterprises Inc. posted the faster year-over-year revenue change (5.1% vs 4.4%). Abbott Laboratories produced more free cash flow last quarter ($2.6B vs $312.0M). Over the past eight quarters, Ferguson Enterprises Inc.'s revenue compounded faster (10.6% CAGR vs 7.2%).

Abbott Laboratories, commonly known as Abbott, is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois. The company produces pharmaceuticals for sale outside the United States, diagnostic products, nutritional products, and medical devices.

Ferguson Enterprises Inc., headquartered in Newport News, Virginia and organized in Delaware, is the largest U.S. distributor of plumbing, heating, ventilation and air conditioning (HVAC), appliances, and lighting to pipes, valves and fittings (PVF), and water and wastewater products. The company receives 95% of its revenue in the United States and 5% of its revenue in Canada. The company has 36,000 suppliers and operates from 11 regional distribution centers, four MDCs, approximately 5,900 f...

ABT vs FERG — Head-to-Head

Bigger by revenue
ABT
ABT
1.4× larger
ABT
$11.5B
$8.2B
FERG
Growing faster (revenue YoY)
FERG
FERG
+0.7% gap
FERG
5.1%
4.4%
ABT
Higher net margin
ABT
ABT
8.5% more per $
ABT
15.5%
7.0%
FERG
More free cash flow
ABT
ABT
$2.3B more FCF
ABT
$2.6B
$312.0M
FERG
Faster 2-yr revenue CAGR
FERG
FERG
Annualised
FERG
10.6%
7.2%
ABT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABT
ABT
FERG
FERG
Revenue
$11.5B
$8.2B
Net Profit
$1.8B
$570.0M
Gross Margin
57.0%
30.7%
Operating Margin
19.6%
9.4%
Net Margin
15.5%
7.0%
Revenue YoY
4.4%
5.1%
Net Profit YoY
-80.8%
21.3%
EPS (diluted)
$1.01
$2.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABT
ABT
FERG
FERG
Q4 25
$11.5B
$8.2B
Q3 25
$11.4B
$8.5B
Q2 25
$11.1B
$7.6B
Q1 25
$10.4B
$6.9B
Q4 24
$11.0B
$7.8B
Q3 24
$10.6B
$7.9B
Q2 24
$10.4B
$7.3B
Q1 24
$10.0B
$6.7B
Net Profit
ABT
ABT
FERG
FERG
Q4 25
$1.8B
$570.0M
Q3 25
$1.6B
$700.0M
Q2 25
$1.8B
$410.0M
Q1 25
$1.3B
$276.0M
Q4 24
$9.2B
$470.0M
Q3 24
$1.6B
$451.0M
Q2 24
$1.3B
$443.0M
Q1 24
$1.2B
$322.0M
Gross Margin
ABT
ABT
FERG
FERG
Q4 25
57.0%
30.7%
Q3 25
55.4%
31.7%
Q2 25
56.4%
31.0%
Q1 25
56.9%
29.7%
Q4 24
55.0%
30.1%
Q3 24
55.8%
31.0%
Q2 24
55.6%
30.5%
Q1 24
55.2%
30.4%
Operating Margin
ABT
ABT
FERG
FERG
Q4 25
19.6%
9.4%
Q3 25
18.1%
10.9%
Q2 25
18.4%
8.0%
Q1 25
16.3%
6.0%
Q4 24
17.4%
8.6%
Q3 24
17.5%
10.2%
Q2 24
16.1%
8.6%
Q1 24
13.9%
7.1%
Net Margin
ABT
ABT
FERG
FERG
Q4 25
15.5%
7.0%
Q3 25
14.5%
8.2%
Q2 25
16.0%
5.4%
Q1 25
12.8%
4.0%
Q4 24
84.1%
6.0%
Q3 24
15.5%
5.7%
Q2 24
12.5%
6.1%
Q1 24
12.3%
4.8%
EPS (diluted)
ABT
ABT
FERG
FERG
Q4 25
$1.01
$2.90
Q3 25
$0.94
$3.53
Q2 25
$1.01
$2.07
Q1 25
$0.76
$1.38
Q4 24
$5.26
$2.34
Q3 24
$0.94
$2.23
Q2 24
$0.74
$2.18
Q1 24
$0.70
$1.58

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABT
ABT
FERG
FERG
Cash + ST InvestmentsLiquidity on hand
$8.9B
$526.0M
Total DebtLower is stronger
$12.9B
Stockholders' EquityBook value
$52.1B
$6.1B
Total Assets
$86.7B
$17.7B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABT
ABT
FERG
FERG
Q4 25
$8.9B
$526.0M
Q3 25
$7.7B
$674.0M
Q2 25
$7.3B
$519.0M
Q1 25
$6.8B
$764.0M
Q4 24
$8.0B
$601.0M
Q3 24
$7.8B
$571.0M
Q2 24
$7.2B
Q1 24
$6.7B
Total Debt
ABT
ABT
FERG
FERG
Q4 25
$12.9B
Q3 25
$4.2B
Q2 25
Q1 25
Q4 24
$14.1B
Q3 24
$4.0B
Q2 24
Q1 24
Stockholders' Equity
ABT
ABT
FERG
FERG
Q4 25
$52.1B
$6.1B
Q3 25
$51.0B
$5.8B
Q2 25
$50.6B
$5.5B
Q1 25
$48.8B
$5.5B
Q4 24
$47.7B
$5.7B
Q3 24
$39.8B
$5.6B
Q2 24
$39.3B
$5.5B
Q1 24
$38.8B
$5.4B
Total Assets
ABT
ABT
FERG
FERG
Q4 25
$86.7B
$17.7B
Q3 25
$84.2B
$17.7B
Q2 25
$84.0B
$17.3B
Q1 25
$81.4B
$16.5B
Q4 24
$81.4B
$16.9B
Q3 24
$74.4B
$16.6B
Q2 24
$73.0B
Q1 24
$72.5B
Debt / Equity
ABT
ABT
FERG
FERG
Q4 25
0.25×
Q3 25
0.72×
Q2 25
Q1 25
Q4 24
0.30×
Q3 24
0.70×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABT
ABT
FERG
FERG
Operating Cash FlowLast quarter
$3.3B
$430.0M
Free Cash FlowOCF − Capex
$2.6B
$312.0M
FCF MarginFCF / Revenue
22.9%
3.8%
Capex IntensityCapex / Revenue
6.0%
1.4%
Cash ConversionOCF / Net Profit
1.87×
0.75×
TTM Free Cash FlowTrailing 4 quarters
$7.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABT
ABT
FERG
FERG
Q4 25
$3.3B
$430.0M
Q3 25
$2.8B
$541.0M
Q2 25
$2.0B
$682.0M
Q1 25
$1.4B
$340.0M
Q4 24
$2.9B
$345.0M
Q3 24
$2.7B
Q2 24
$2.0B
Q1 24
$1.0B
Free Cash Flow
ABT
ABT
FERG
FERG
Q4 25
$2.6B
$312.0M
Q3 25
$2.3B
Q2 25
$1.5B
$605.0M
Q1 25
$933.0M
$259.0M
Q4 24
$2.1B
$268.0M
Q3 24
$2.1B
Q2 24
$1.4B
Q1 24
$627.0M
FCF Margin
ABT
ABT
FERG
FERG
Q4 25
22.9%
3.8%
Q3 25
20.2%
Q2 25
13.9%
7.9%
Q1 25
9.0%
3.8%
Q4 24
19.6%
3.4%
Q3 24
20.2%
Q2 24
13.8%
Q1 24
6.3%
Capex Intensity
ABT
ABT
FERG
FERG
Q4 25
6.0%
1.4%
Q3 25
4.4%
Q2 25
4.5%
1.0%
Q1 25
4.7%
1.2%
Q4 24
6.6%
1.0%
Q3 24
5.2%
Q2 24
5.1%
Q1 24
4.0%
Cash Conversion
ABT
ABT
FERG
FERG
Q4 25
1.87×
0.75×
Q3 25
1.70×
0.77×
Q2 25
1.15×
1.66×
Q1 25
1.07×
1.23×
Q4 24
0.31×
0.73×
Q3 24
1.64×
Q2 24
1.51×
Q1 24
0.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABT
ABT

Segment breakdown not available.

FERG
FERG

United States Segment$7.8B95%
Other$412.0M5%

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