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Side-by-side financial comparison of Farmmi, Inc. (FAMI) and Ferguson Enterprises Inc. /DE/ (FERG), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Ferguson Enterprises Inc. /DE/ is the larger business by last-quarter revenue ($8.2B vs $16.1M, roughly 506.0× Farmmi, Inc.). Ferguson Enterprises Inc. /DE/ runs the higher net margin — -0.3% vs 7.0%, a 7.3% gap on every dollar of revenue. On growth, Ferguson Enterprises Inc. /DE/ posted the faster year-over-year revenue change (5.1% vs -55.7%). Ferguson Enterprises Inc. /DE/ produced more free cash flow last quarter ($312.0M vs $14.6M).

Farmmi Inc. is a company that processes and sells agricultural products in China and abroad; it grows and markets shiitake and wood ear mushrooms and other edible fungi products, including bamboo fungi, chestnut mushroom, trumpet royale, hen of the woods, lawyer's wig, and lion's mane mushroom. It also operates Farmmi Jicai, an online store that sells edible fungi products under the Forasen and Farmmi Liangpin brands. In addition, the company exports dried whole and sliced shiitake mushrooms,...

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...

FAMI vs FERG — Head-to-Head

Bigger by revenue
FERG
FERG
506.0× larger
FERG
$8.2B
$16.1M
FAMI
Growing faster (revenue YoY)
FERG
FERG
+60.8% gap
FERG
5.1%
-55.7%
FAMI
Higher net margin
FERG
FERG
7.3% more per $
FERG
7.0%
-0.3%
FAMI
More free cash flow
FERG
FERG
$297.4M more FCF
FERG
$312.0M
$14.6M
FAMI

Income Statement — Q2 2025 vs Q4 2025

Metric
FAMI
FAMI
FERG
FERG
Revenue
$16.1M
$8.2B
Net Profit
$-44.0K
$570.0M
Gross Margin
5.0%
30.7%
Operating Margin
-4.1%
9.4%
Net Margin
-0.3%
7.0%
Revenue YoY
-55.7%
5.1%
Net Profit YoY
-107.0%
21.3%
EPS (diluted)
$-0.04
$2.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
FAMI
FAMI
FERG
FERG
Q4 25
$8.2B
Q3 25
$8.5B
Q2 25
$7.6B
Q1 25
$16.1M
$6.9B
Q4 24
$7.8B
Q3 24
$7.9B
Q2 24
$7.3B
Q1 24
$36.4M
Net Profit
FAMI
FAMI
FERG
FERG
Q4 25
$570.0M
Q3 25
$700.0M
Q2 25
$410.0M
Q1 25
$-44.0K
$276.0M
Q4 24
$470.0M
Q3 24
$451.0M
Q2 24
$443.0M
Q1 24
$630.5K
Gross Margin
FAMI
FAMI
FERG
FERG
Q4 25
30.7%
Q3 25
31.7%
Q2 25
31.0%
Q1 25
5.0%
29.7%
Q4 24
30.1%
Q3 24
31.0%
Q2 24
30.5%
Q1 24
5.9%
Operating Margin
FAMI
FAMI
FERG
FERG
Q4 25
9.4%
Q3 25
10.9%
Q2 25
8.0%
Q1 25
-4.1%
6.0%
Q4 24
8.6%
Q3 24
10.2%
Q2 24
8.6%
Q1 24
2.5%
Net Margin
FAMI
FAMI
FERG
FERG
Q4 25
7.0%
Q3 25
8.2%
Q2 25
5.4%
Q1 25
-0.3%
4.0%
Q4 24
6.0%
Q3 24
5.7%
Q2 24
6.1%
Q1 24
1.7%
EPS (diluted)
FAMI
FAMI
FERG
FERG
Q4 25
$2.90
Q3 25
$3.53
Q2 25
$2.07
Q1 25
$-0.04
$1.38
Q4 24
$2.34
Q3 24
$2.23
Q2 24
$2.18
Q1 24
$1.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
FAMI
FAMI
FERG
FERG
Cash + ST InvestmentsLiquidity on hand
$526.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$166.4M
$6.1B
Total Assets
$230.4M
$17.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
FAMI
FAMI
FERG
FERG
Q4 25
$526.0M
Q3 25
$674.0M
Q2 25
$519.0M
Q1 25
$764.0M
Q4 24
$601.0M
Q3 24
$571.0M
Q2 24
Q1 24
Total Debt
FAMI
FAMI
FERG
FERG
Q4 25
Q3 25
$4.2B
Q2 25
Q1 25
Q4 24
Q3 24
$4.0B
Q2 24
Q1 24
Stockholders' Equity
FAMI
FAMI
FERG
FERG
Q4 25
$6.1B
Q3 25
$5.8B
Q2 25
$5.5B
Q1 25
$166.4M
$5.5B
Q4 24
$5.7B
Q3 24
$5.6B
Q2 24
$5.5B
Q1 24
$164.4M
Total Assets
FAMI
FAMI
FERG
FERG
Q4 25
$17.7B
Q3 25
$17.7B
Q2 25
$17.3B
Q1 25
$230.4M
$16.5B
Q4 24
$16.9B
Q3 24
$16.6B
Q2 24
Q1 24
$171.9M
Debt / Equity
FAMI
FAMI
FERG
FERG
Q4 25
Q3 25
0.72×
Q2 25
Q1 25
Q4 24
Q3 24
0.70×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
FAMI
FAMI
FERG
FERG
Operating Cash FlowLast quarter
$14.6M
$430.0M
Free Cash FlowOCF − Capex
$14.6M
$312.0M
FCF MarginFCF / Revenue
90.1%
3.8%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
0.1%
1.4%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
0.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
FAMI
FAMI
FERG
FERG
Q4 25
$430.0M
Q3 25
$541.0M
Q2 25
$682.0M
Q1 25
$14.6M
$340.0M
Q4 24
$345.0M
Q3 24
Q2 24
Q1 24
$-14.9M
Free Cash Flow
FAMI
FAMI
FERG
FERG
Q4 25
$312.0M
Q3 25
Q2 25
$605.0M
Q1 25
$14.6M
$259.0M
Q4 24
$268.0M
Q3 24
Q2 24
Q1 24
FCF Margin
FAMI
FAMI
FERG
FERG
Q4 25
3.8%
Q3 25
Q2 25
7.9%
Q1 25
90.1%
3.8%
Q4 24
3.4%
Q3 24
Q2 24
Q1 24
Capex Intensity
FAMI
FAMI
FERG
FERG
Q4 25
1.4%
Q3 25
Q2 25
1.0%
Q1 25
0.1%
1.2%
Q4 24
1.0%
Q3 24
Q2 24
Q1 24
0.0%
Cash Conversion
FAMI
FAMI
FERG
FERG
Q4 25
0.75×
Q3 25
0.77×
Q2 25
1.66×
Q1 25
1.23×
Q4 24
0.73×
Q3 24
Q2 24
Q1 24
-23.63×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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