H. B. Fuller Financial Statements
NYSE: FULIndustrialsHome FurnishingsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
H. B. Fuller revenue and earnings
In fiscal 2025, H. B. Fuller generated $3.47 billion in revenue, down 2.7% from fiscal 2024, its first annual decline since 2023. Net income was $152.0 million (+16.7% year over year), for a net margin of 4.4% versus a median of 4.5% in the prior 5 years. Gross margin was 31.1% (up from 29.8%).
Diluted earnings per share came in at $2.75, up from $2.30. Over the last 5 fiscal years, FUL's revenue has grown at a 1.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
H. B. Fuller income statement (annual)
| Fiscal year (USD) | FY 20252025-11-29 | FY 20242024-11-30 | FY 20242024-11-29 | FY 20232023-12-02 | FY 20222022-12-03 | FY 20212021-11-27 | FY 20202020-11-28 | FY 20192019-11-30 | FY 20182018-12-01 | FY 20172017-12-02 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.47B | 3.57B | — | 3.51B | 3.75B | 3.28B | 2.79B | 2.90B | 3.04B | 2.31B |
| Revenue growth (YoY) | -2.67% | — | — | -6.35% | +14.37% | +17.48% | -3.68% | -4.74% | +31.87% | +10.09% |
| Cost of Revenue | 2.39B | 2.51B | — | 2.50B | 2.79B | 2.43B | 2.03B | 2.09B | 2.21B | 1.71B |
| Gross Profit | 1.08B | 1.06B | — | 1.01B | 963.70M | 845.32M | 756.65M | 806.92M | 828.16M | 598.99M |
| Operating Expenses | — | 713.66M | — | 653.76M | 640.98M | 592.71M | 538.33M | 580.93M | 590.27M | 479.46M |
| Selling, General & Admin | 725.59M | 713.66M | — | 653.76M | 640.98M | 592.71M | 538.33M | 580.93M | 590.27M | 479.46M |
| Operating Income | — | 348.22M | — | 355.14M | 322.72M | 252.61M | 218.32M | 225.99M | 237.89M | 119.53M |
| Interest Expense | 133.35M | 133.12M | — | 134.60M | 91.52M | 78.09M | 86.78M | 103.29M | 110.99M | 43.70M |
| Other Income (Expense) | 39.16M | -1.98M | — | -611.00K | — | — | — | — | — | — |
| Pretax Income | 215.42M | 182.66M | — | 234.16M | 251.93M | 216.85M | 158.36M | 172.83M | 156.73M | 60.60M |
| Income Tax | 67.13M | 56.38M | — | 93.53M | 77.19M | 63.03M | 41.92M | 49.41M | -6.36M | 9.81M |
| Net Income | 151.97M | 130.26M | 130.26M | 144.91M | 180.31M | 161.39M | 123.72M | 130.82M | 171.21M | 59.42M |
| Net Income growth (YoY) | +16.67% | 0.00% | -10.11% | -19.64% | +11.72% | +30.45% | -5.43% | -23.59% | +188.14% | -51.16% |
| EPS (Basic) | 2.78 | 2.37 | — | 2.67 | 3.37 | 3.05 | 2.38 | 2.57 | 3.38 | 1.18 |
| EPS (Diluted) | 2.75 | 2.30 | — | 2.59 | 3.26 | 2.97 | 2.36 | 2.52 | 3.29 | 1.15 |
| Shares Outstanding (Basic) | 54.60M | 54.93M | — | 54.33M | 53.58M | 52.89M | 52.04M | 50.92M | 50.59M | 50.37M |
| Shares Outstanding (Diluted) | 55.35M | 56.63M | — | 55.96M | 55.27M | 54.31M | 52.52M | 51.98M | 51.98M | 51.62M |
| EBITDA | — | 522.93M | — | 514.98M | 469.69M | 395.79M | 357.13M | 367.20M | 383.02M | 206.84M |
| Gross Margin | 31.11% | 29.75% | — | 28.74% | 25.70% | 25.79% | 27.12% | 27.85% | 27.23% | 25.97% |
| Operating Margin | — | 9.76% | — | 10.12% | 8.61% | 7.71% | 7.82% | 7.80% | 7.82% | 5.18% |
| Net Margin | 4.37% | 3.65% | — | 4.13% | 4.81% | 4.92% | 4.43% | 4.52% | 5.63% | 2.58% |
This table shows 10 annual periods of H. B. Fuller's income statement, from FY 2025 back to FY 2017, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow FUL's reporting calendar. What is a income statement?