Fuller H B Co (FUL)

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. It operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Building Adhesive Solutions. The Hygiene, Health and Consumable Adhesives segment produces and supplies specialty industrial adhesives, such as thermoplastic, thermoset, reactive, water-based, and solvent-based products for applications in various markets, including packaging, converting, nonwoven and hygiene, and medical and beauty. The Engineering Adhesives segment produces and supplies high performance industrial adhesives comprising reactive, light cure, two-part liquids, polyurethane, silicone, film, and fast cure products to the durable assembly, performance wood and textile, transportation, electronics, clean energy, aerospace and defense, appliance, heavy machinery, and insulating glass markets. The Construction Adhesives segment provides products used for commercial roofing, heating, ventilation, and air conditioning and insulation applications, as well as caulks and sealants for the consumer market and professional trade. The company sells its products directly to customers, as well as through distributors and retailers in North America, Latin America, Europe, India, the Middle East, Africa, and the Asia Pacific. H.B. Fuller Company was founded in 1887 and is headquartered in Saint Paul, Minnesota.

Ticker
FUL
Exchange
NYSE
Sector
Basic Materials
Industry
Specialty Chemicals
Market cap
$2.68B
52-week range
$46.70 - $68.63

Valuation

Share price
$49.86 (close of Nov 6, 2026)
P/E (TTM)
13.74x
Price to book
1.24x
Price to free cash flow
26.83x
Enterprise value
$4.64B
Book value per share
$40.28

Price performance

PeriodChange
1 day-0.72%
5 days+0.32%
1 month-1.52%
3 months-15.73%
6 months-18.20%
Year to date-16.15%
1 year-12.83%
3 years-28.75%
5 years-33.01%
10 years+16.96%
All time+5,883.20%

Short interest

As of
Oct 15, 2026
Short % of float
6.01%
Shares short
2.37M
Days to cover
2.96
Change since prior report
-17.56%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
7.59%
Return on invested capital
3.64%*
Return on assets
2.93%
Return on capital employed
4.85%*
Gross margin
31.11%
Net margin
4.37%
EBITDA margin
11.44%
Revenue growth
-2.67%
Net income growth
16.67%
Free cash flow growth
-25.72%

* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.

Cash flow and balance sheet

Free cash flow yield (TTM)
3.73%
Current ratio
1.82x
Net debt to EBITDA
3.35x

Latest reported year

Period end
Nov 29, 2025
Fiscal year
2025
Revenue
$3.47B
Cost of revenue
$2.39B
Gross profit
$1.08B
EBITDA
$397.42M
Net income
$151.97M
Earnings per share
$2.78
Shares outstanding
54.60M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-11-29$3.47B$1.08B$151.97M$2.78
2024-11-30$3.57B$1.06B$130.26M$2.37
2023-12-02$3.51B$1.01B$144.91M$2.67
2022-12-03$3.75B$963.70M$180.31M$3.37
2021-11-27$3.28B$845.32M$161.39M$3.05
2020-11-28$2.79B$756.65M$123.72M$2.38
2019-11-30$2.90B$806.92M$130.82M$2.57
2018-12-01$3.04B$828.16M$171.21M$3.38
2017-12-02$2.31B$598.99M$59.42M$1.18
2016-12-03$2.09B$605.82M$121.66M$2.43

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-11-2931.11%4.37%7.59%3.64%*
2024-11-3029.75%3.65%7.12%7.47%
2023-12-0228.74%4.13%8.25%7.15%
2022-12-0325.70%4.81%11.19%7.20%
2021-11-2725.79%4.92%10.10%5.87%
2020-11-2827.12%4.43%7.75%5.21%
2019-11-3027.85%4.52%10.70%5.54%
2018-12-0127.23%5.63%14.86%7.03%
2017-12-0225.97%2.58%5.65%3.16%
2016-12-0328.92%5.81%12.88%9.27%

* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.

Cash and debt by year

Period endCashDebt
2025-11-29$107.21M$2.02B
2024-11-30$169.35M$2.01B
2023-12-02$179.45M$1.84B
2022-12-03$79.91M$1.74B
2021-11-27$61.79M$1.59B
2020-11-28$100.53M$1.76B
2019-11-30$112.19M$1.90B
2018-12-01$150.79M$2.14B
2017-12-02$194.40M$2.40B
2016-12-03$142.25M$585.76M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-11-29$121.22M$22.05M
2024-11-30$163.20M$21.91M
2023-12-02$259.26M$19.91M
2022-12-03$126.55M$24.37M
2021-11-27$117.23M$22.37M
2020-11-28$244.27M$16.91M
2019-11-30$207.19M$24.00M
2018-12-01$185.05M$17.11M
2017-12-02$111.39M$17.50M
2016-12-03$132.38M$13.34M

Dividend history

Most recent payment
Oct 15, 2026
Paid in the last twelve months
$0.97
Payment dateDividend per share
2026-10-15$0.24
2026-07-30$0.24
2026-04-30$0.24
2026-02-05$0.23
2025-10-16$0.23
2025-07-31$0.23
2025-04-29$0.23
2025-02-06$0.22

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-09-23Aug 2026$1.45
2026-06-24May 2026$1.37
2026-03-25Feb 2026$0.56
2026-01-14Nov 2025$1.24
2025-09-24Aug 2025$1.24
2025-06-25May 2025$1.10
2025-03-26Feb 2025$0.49
2025-01-15Nov 2024$0.92

Filings and sources

Company website
hbfuller.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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