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.

Symbol
FUL
Exchange
NYSE
Sector
Basic Materials
Industry
Specialty Chemicals
Market cap
$2.70B
52 week range
48.6 - 68.63

Valuation

Share price
$50.21 (close of 2026-09-23)
P/E (TTM)
14.77x
Price to book
1.30x
Price to free cash flow
19.18x
Enterprise value
$4.66B
Book value per share
$38.72

Price performance

PeriodChange
1 day+1.17%
5 days-1.34%
1 month-14.46%
3 months-20.45%
6 months-3.50%
Year to date-15.56%
1 year-15.78%
3 years-24.62%
5 years-22.98%
10 years+15.64%
All time+5949.40%

Profitability and growth

Return on equity
7.59%
Return on assets
2.93%
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%

Cash flow and balance sheet

Free cash flow yield (TTM)
5.21%
Current ratio
1.80x
Net debt to EBITDA
3.50x

Latest reported year

Period end
2025-11-29
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
2024-11-29$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

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-11-2931.11%4.37%7.59%-
2024-11-3029.75%3.65%7.12%7.81%
2024-11-2929.75%3.65%7.12%7.81%
2023-12-0228.74%4.13%8.25%7.52%
2022-12-0325.70%4.81%11.19%7.37%
2021-11-2725.79%4.92%10.10%5.98%
2020-11-2827.12%4.43%7.75%5.37%
2019-11-3027.85%4.52%10.70%5.74%
2018-12-0127.23%5.63%14.86%7.36%
2017-12-0225.97%2.58%5.65%3.35%

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
2026-07-30
Paid in the last twelve months
$0.96
Payment dateDividend per share
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
2024-10-17$0.22

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-06-24May/2026$1.37
2026-03-25--
2026-01-14--
2025-09-24--
2025-06-25--
2025-03-26--
2025-01-15--
2024-09-25--

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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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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