H.B. Fuller Company (FUL)

H.B. Fuller Company Income Statement

Financials in millions USD. Fiscal year is December - November.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 29, 2025	Nov 30, 2024	Dec 2, 2023	Dec 3, 2022	Nov 27, 2021
Revenue	3,474	3,569	3,511	3,749	3,278
Revenue Growth (YoY)	-2.67%	1.65%	-6.35%	14.37%	17.48%
Cost of Revenue	2,383	2,495	2,487	2,786	2,433
Gross Profit	1,090	1,074	1,024	963.55	845.13
Selling, General & Admin	633.27	641.18	572.39	569.64	518.02
Research & Development	62.15	49.57	48.64	44.85	39.34
Operating Expenses	695.42	690.75	621.03	614.49	557.37
Operating Income	394.75	383.39	402.88	349.06	287.77
Interest Expense	-123.93	-118.29	-140.53	-104.67	-98.2
Interest & Investment Income	4.82	4.68	3.94	7.78	9.48
Earnings From Equity Investments	3.78	4.11	4.36	5.67	7.66
Currency Exchange Gain (Loss)	0.88	-2.5	-11.62	-12.94	-5.96
Other Non Operating Income (Expenses)	-10.73	-16.62	7.03	10.83	27.5
EBT Excluding Unusual Items	269.57	254.78	266.06	255.73	228.24
Merger & Restructuring Charges	-16.87	-22.09	-24.59	0.45	-0.79
Gain (Loss) on Sale of Investments	-	-1.97	-	-	-
Gain (Loss) on Sale of Assets	1.3	-46.84	-0.06	1.42	-0.65
Legal Settlements	-34.8	-	-	-	-
Other Unusual Items	-	0.5	-2.89	-	-2.3
Pretax Income	219.2	186.78	238.52	257.59	224.51
Income Tax Expense	67.13	56.38	93.53	77.19	63.03
Earnings From Continuing Operations	152.07	130.4	144.99	180.41	161.48
Net Income to Company	152.07	130.4	144.99	180.41	161.48
Minority Interest in Earnings	-0.11	-0.14	-0.08	-0.09	-0.08
Net Income	151.97	130.26	144.91	180.31	161.39
Net Income to Common	151.97	130.26	144.91	180.31	161.39
Net Income Growth	16.67%	-10.11%	-19.64%	11.72%	30.45%
Shares Outstanding (Basic)	55	55	54	54	53
Shares Outstanding (Diluted)	55	57	56	55	54
Shares Change (YoY)	-2.25%	1.20%	1.25%	1.76%	3.42%
EPS (Basic)	2.78	2.37	2.67	3.37	3.05
EPS (Diluted)	2.75	2.30	2.59	3.26	2.97
EPS Growth	19.56%	-11.20%	-20.55%	9.76%	25.85%
Free Cash Flow	121.22	163.2	259.26	126.55	117.23
Free Cash Flow Per Share	2.19	2.88	4.63	2.29	2.16
Dividend Per Share	0.927	0.856	0.805	0.738	0.665
Dividend Growth	8.35%	6.33%	9.15%	10.90%	2.62%
Gross Margin	31.38%	30.10%	29.16%	25.70%	25.78%
Operating Margin	11.36%	10.74%	11.47%	9.31%	8.78%
Profit Margin	4.38%	3.65%	4.13%	4.81%	4.92%
Free Cash Flow Margin	3.49%	4.57%	7.38%	3.38%	3.58%
EBITDA	573.07	558.1	562.72	496.03	430.94
EBITDA Margin	16.50%	15.64%	16.03%	13.23%	13.15%
D&A For EBITDA	178.32	174.71	159.84	146.98	143.17
EBIT	394.75	383.39	402.88	349.06	287.77
EBIT Margin	11.36%	10.74%	11.47%	9.31%	8.78%
Effective Tax Rate	30.62%	30.19%	39.21%	29.96%	28.08%

Updated Jan 14, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q