Saturday 17 October 2026
Export FUL’s income statement to Excel — free account
H. B. Fuller Company
FUL Basic Materials Specialty Chemicals
H. B. Fuller Company’s revenue for fiscal 2025 (year ended November 2025) was $3.5 billion, down 2.67% from fiscal 2024. In the quarter to August 2026, revenue grew 5.17%, EPS grew 18.2%, free cash flow fell 58.4% and total debt fell 1.25%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years; insiders bought in the last twelve months.
51.27
0.30
−0.58%
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| Nov '16 | Nov '17 | Nov '18 | Nov '19 | Nov '20 | Nov '21 | Nov '22 | Nov '23 | Nov '24 | Nov '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
19.02 | 49.19 | 14.23 | 19.27 | 21.99 | 23.91 | 23.83 | 28.45 | 32.34 | 20.91 |
Piotroski F-Score |
7 | 4 | 6 | 5 | 5 | 6 | 6 | 5 | 4 | 7 |
P/S ratio |
1.12 | 1.24 | 0.80 | 0.87 | 0.98 | 1.18 | 1.15 | 1.17 | 1.18 | 0.92 |
Altman Z-Score |
3.59 | 1.67 | 1.99 | 2.10 | 2.14 | 2.49 | 2.69 | 2.53 | 2.46 | 2.16 |
Altman Z″-Score (non-manufacturers) |
4.60 | 2.34 | 2.64 | 2.79 | 2.90 | 2.99 | 3.22 | 3.26 | 3.14 | 3.05 |
P/FCF ratio |
17.23 | 25.43 | 12.98 | 11.55 | 11.34 | 32.21 | 33.59 | 15.56 | 25.72 | 25.28 |
Beneish M-Score |
(2.71) | (2.10) | (2.52) | (2.65) | (2.62) | (2.34) | (2.55) | (2.81) | (2.71) | (2.57) |
P/Operating CF |
47.32 | 29.83 | 16.66 | 23.15 | 19.66 | 74.15 | 20.71 | 25.43 | 49.36 | 29.91 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 79 |
P/B ratio |
2.51 | 2.71 | 2.12 | 2.06 | 1.97 | 2.42 | 2.67 | 2.34 | 2.31 | 1.59 |
Price to Tangible BV |
6.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
1.37 | 2.20 | 1.49 | 1.51 | 1.59 | 1.66 | 1.60 | 1.66 | 1.72 | 1.48 |
EV/EBITDA |
10.44 | 24.54 | 11.81 | 11.91 | 12.41 | 13.77 | 12.80 | 11.30 | 11.70 | 9.66 |
EV/Operating CF |
14.72 | 30.52 | 17.85 | 16.24 | 13.37 | 25.55 | 23.43 | 15.38 | 20.24 | 19.56 |
EV/FCF |
21.06 | 45.29 | 24.06 | 20.03 | 18.45 | 45.38 | 46.92 | 22.03 | 37.24 | 40.82 |
Quick Ratio |
1.26 | 1.32 | 1.18 | 1.12 | 1.16 | 0.92 | 0.97 | 1.09 | 1.01 | 0.90 |
Current Ratio |
2.07 | 2.29 | 2.00 | 1.91 | 1.92 | 1.66 | 1.84 | 1.89 | 1.81 | 1.70 |
Net Debt/EBITDA |
1.90 | 10.76 | 5.44 | 5.04 | 4.64 | 3.86 | 3.53 | 3.22 | 3.52 | 3.58 |
Debt/Assets |
32.39% | 55.35% | 53.46% | 49.26% | 43.53% | 37.23% | 38.90% | 38.88% | 40.75% | 38.92% |
Debt/Equity |
0.71 | 2.30 | 1.94 | 1.61 | 1.27 | 1.00 | 1.08 | 1.05 | 1.10 | 1.01 |
Asset Turnover |
1.02 | 0.72 | 0.71 | 0.71 | 0.70 | 0.79 | 0.86 | 0.76 | 0.74 | 0.69 |
Operating CF/Net income |
1.61 | 2.80 | 1.48 | 2.06 | 2.68 | 1.32 | 1.42 | 2.61 | 2.32 | 1.73 |
Capex/Depreciation |
(0.76) | (0.62) | (0.45) | (0.36) | (0.66) | (0.65) | (0.87) | (0.71) | (0.79) | (0.77) |
Interest Coverage |
7.24 | 2.74 | 2.14 | 2.19 | 2.52 | 3.23 | 3.53 | 2.64 | 2.62 | 2.66 |
| 13.43% | 5.97% | 15.53% | 11.01% | 9.50% | 10.83% | 11.24% | 8.61% | 7.27% | 7.93% | |
| 5.94% | 1.85% | 4.01% | 3.21% | 3.08% | 3.88% | 4.13% | 3.15% | 2.70% | 3.00% | |
ROIC |
8.47% | 2.28% | 4.60% | 4.59% | 4.49% | 5.05% | 6.17% | 6.50% | 5.93% | 5.67% |
Return on Tangible Assets |
13.02% | 4.49% | 14.50% | 11.67% | 10.66% | 13.68% | 13.58% | 10.04% | 8.91% | 10.44% |
Average Days of Receivables |
61.19 | 74.98 | 59.41 | 62.14 | 67.36 | 68.44 | 59.13 | 60.08 | 57.11 | 59.30 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
19.46% | 20.79% | 19.41% | 20.05% | 19.29% | 18.08% | 17.10% | 18.62% | 20.00% | 20.89% |
Intangible Assets out of Total Assets |
0.28 | 0.53 | 0.53 | 0.52 | 0.51 | 0.46 | 0.47 | 0.47 | 0.47 | 0.48 |
Share Based Compensation of Revenue |
0.64% | 0.76% | 0.56% | 0.83% | 0.61% | 0.68% | 0.65% | 0.57% | 0.61% | 0.63% |
Graham Net Nets |
(0.13) | (0.76) | (0.79) | (0.69) | (0.60) | (0.38) | (0.36) | (0.40) | (0.43) | (0.60) |
Graham Number |
32.25 | 23.24 | 41.70 | 37.26 | 37.71 | 45.60 | 47.74 | 43.98 | 42.24 | 48.04 |
Earnings Yield |
5.26% | 2.03% | 7.03% | 5.19% | 4.55% | 4.18% | 4.20% | 3.51% | 3.09% | 4.78% |
Free Cash Flow Yield |
5.80% | 3.93% | 7.70% | 8.66% | 8.82% | 3.10% | 2.98% | 6.43% | 3.89% | 3.95% |
Revenue per Share |
41.78 | 45.78 | 60.11 | 56.89 | 53.62 | 61.98 | 69.97 | 64.62 | 64.97 | 63.62 |
Operating CF per Share |
3.90 | 3.30 | 5.01 | 5.29 | 6.37 | 4.03 | 4.79 | 6.96 | 5.51 | 4.83 |
Capex per Share |
(1.18) | (1.08) | (1.29) | (1.00) | (1.76) | (1.76) | (2.40) | (2.10) | (2.51) | (2.51) |
Free Cash Flow per Share |
2.73 | 2.22 | 3.72 | 4.29 | 4.61 | 2.27 | 2.39 | 4.86 | 2.99 | 2.31 |
Cash per Share |
2.84 | 3.86 | 2.98 | 2.20 | 1.93 | 1.17 | 1.49 | 3.30 | 3.08 | 1.96 |
Shareholders Equity per Share |
18.71 | 20.88 | 22.79 | 24.01 | 26.55 | 30.20 | 30.06 | 32.32 | 33.31 | 36.69 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
18.71 | 20.88 | 22.79 | 24.01 | 26.55 | 30.20 | 30.06 | 32.32 | 33.31 | 36.69 |
Free Cash Flow |
136.71 | 112.06 | 187.97 | 218.33 | 240.15 | 120.12 | 128.11 | 264.29 | 164.35 | 126.24 |
Working Capital |
419.41 | 652.68 | 543.80 | 491.21 | 489.64 | 484.32 | 593.64 | 619.29 | 579.92 | 519.91 |
Capital Expenditures |
(58.98) | (54.26) | (65.34) | (50.85) | (91.40) | (93.19) | (128.41) | (114.11) | (138.09) | (137.25) |
Net Current Asset Value |
(306.35) | (2,163.84) | (1,933.18) | (1,729.58) | (1,635.07) | (1,456.00) | (1,553.46) | (1,655.56) | (1,804.19) | (1,916.25) |
EV/EBIT |
14.53 | 42.46 | 19.01 | 19.35 | 20.30 | 21.58 | 18.63 | 16.39 | 17.58 | 14.51 |
Capex to Sales |
0.03 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 |
Price to Operating Income |
11.89 | 23.84 | 10.26 | 11.16 | 12.47 | 15.32 | 13.33 | 11.58 | 12.14 | 8.99 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.15 | 0.13 | 0.23 | 0.22 | 0.21 | 0.21 | 0.20 | 0.19 | 0.20 | 0.19 |
Cash ROIC |
7.83% | 3.06% | 5.31% | 6.62% | 7.41% | 3.70% | 3.74% | 7.01% | 4.10% | 3.06% |
Accounts Receivable Turnover |
5.85 | 5.59 | 6.28 | 5.86 | 5.54 | 5.80 | 6.14 | 5.92 | 6.28 | 6.19 |
Accounts Payable Turnover |
8.74 | 7.91 | 8.17 | 7.30 | 6.61 | 5.96 | 5.80 | 5.56 | 5.38 | 4.98 |
Inventory Turnover |
6.00 | 5.51 | 6.14 | 6.10 | 6.16 | 6.31 | 5.93 | 5.36 | 5.51 | 5.09 |
Average Days of Payables |
39.95 | 57.40 | 45.09 | 52.19 | 56.80 | 75.07 | 60.36 | 64.14 | 71.55 | 71.71 |
Days of Inventory on Hand |
60.65 | 79.56 | 57.48 | 58.90 | 58.01 | 67.28 | 64.44 | 64.49 | 68.07 | 71.99 |
Average Receivables |
357.92 | 412.42 | 484.35 | 494.09 | 504.05 | 564.78 | 611.01 | 592.65 | 568.13 | 561.34 |
Average Payables |
170.41 | 215.72 | 270.92 | 286.12 | 307.66 | 408.39 | 480.50 | 450.18 | 465.57 | 480.78 |
Average Inventory |
247.95 | 309.75 | 360.28 | 342.86 | 330.24 | 385.81 | 470.09 | 466.91 | 454.77 | 469.73 |
Average Assets |
2,049.06 | 3,214.56 | 4,274.78 | 4,081.02 | 4,011.22 | 4,155.62 | 4,369.08 | 4,593.60 | 4,828.41 | 5,057.98 |
Average Common Equity |
905.80 | 995.04 | 1,102.51 | 1,188.00 | 1,302.33 | 1,489.61 | 1,604.08 | 1,683.35 | 1,792.88 | 1,916.52 |
Columns are period end dates · fundamentals updated 2 Oct 2026