FUL
$51.32-0.48%
FUL financial statements
The full income statement, balance sheet, and cash-flow statement for H. B. Fuller Company (FUL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-08 54.6M2024-11 54.7M2025-03 54.2M2025-05 54.0M2025-08 54.1M2025-11 54.3M2026-02 54.5M2026-05 53.8M2026-08 53.8M-1.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofNov 29 ’25 | as ofNov 30 ’24 | as ofDec 2 ’23 | as ofDec 31 ’22 | as ofNov 27 ’21 | |
| Revenue | 3.47B-2.7% | 3.57B+1.6% | 3.51B | — | 3.28B+17.5% | |
| 1.08B+1.8% | 1.06B+5.3% | 1.01B | — | 845M+11.7% | ||
| Cost of revenue | 2.39B-4.5% | 2.51B+0.2% | 2.50B | — | 2.43B+19.6% | |
| Selling, general & administrative | 726M+1.7% | 714M+9.2% | 654M | — | 593M+10.1% | |
| Restructuring | 16.9M-23.6% | 22.1M | — | — | 787K-82.8% | |
| Amortization of intangibles | 86.5M+3.5% | 83.7M | — | — | 71.1M+0.7% | |
| Provision for credit losses | 1.05M-52.1% | 2.19M | — | — | -546K-106.6% | |
| Operating income | — | 348M | — | — | 253M+15.7% | |
| Interest expense | 133M+0.2% | 133M-1.1% | 135M | — | 78.1M-10.0% | |
| Interest & investment income | 4.82M+2.9% | 4.68M+18.7% | 3.94M | — | 9.48M-17.0% | |
| Other non-operating income | 39.2M+2076.5% | -1.98M | — | — | — | |
| Equity-method income | 3.78M-8.0% | 4.11M-5.6% | 4.36M | — | 7.66M+4.1% | |
| Pre-tax income | 215M+17.9% | 183M-22.0% | 234M | — | 217M+36.9% | |
| Income tax | 67.1M+19.1% | 56.4M-39.7% | 93.5M | — | 63.0M+50.4% | |
| 152M+16.7% | 130M-10.1% | 145M | — | 161M+30.5% | ||
| Net income to non-controlling interest | 106K-23.7% | 139K+69.5% | 82.0K | — | 82.0K+18.8% | |
| $2.75+19.6% | $2.30 | — | — | $2.97+25.8% | ||
| EPS (basic) | $2.78+17.3% | $2.37 | — | — | $3.05+28.2% | |
| Weighted-avg shares (basic) | 54.6M-0.6% | 54.9M+1.1% | 54.3M | — | 52.9M+1.6% | |
| Weighted-avg shares (diluted) | 55.4M-2.2% | 56.6M+1.2% | 56.0M | — | 54.3M+3.4% | |
| Dividends per share | $0.93+8.4% | $0.86+6.9% | $0.80 | — | $0.67+2.6% | |
| Balance Sheet | as ofNov 29 ’25 | as ofNov 30 ’24 | as ofDec 2 ’23 | as ofDec 31 ’22 | as ofNov 27 ’21 | |
| 1.26B-2.8% | 1.30B-1.0% | 1.31B+1.0% | 1.30B+6.4% | 1.22B+19.7% | ||
| Cash & equivalents | 107M-36.7% | 169M-5.6% | 179M+124.6% | 79.9M+29.3% | 61.8M-38.5% | |
| Accounts receivable | 564M+1.1% | 558M-3.4% | 578M-4.8% | 607M-1.2% | 615M+19.4% | |
| Inventory | 472M+1.0% | 467M+5.8% | 442M-10.1% | 492M+9.7% | 448M+38.7% | |
| Other current assets | 120M+15.1% | 104M-7.7% | 113M-6.4% | 120M+24.9% | 96.3M+18.8% | |
| 5.18B+5.1% | 4.93B+4.4% | 4.72B+5.8% | 4.46B+4.4% | 4.27B+5.9% | ||
| Property, plant & equipment | 935M+6.0% | 882M+6.9% | 825M | — | 695M+3.7% | |
| Operating lease right-of-use | 55.7M-8.8% | 61.1M+28.8% | 47.4M | — | 32.7M+15.1% | |
| Goodwill | 1.68B+9.6% | 1.53B+3.1% | 1.49B+6.7% | 1.39B+7.2% | 1.30B-1.0% | |
| Intangible assets | 806M+4.6% | 770M+5.6% | 729M+3.9% | 702M+2.2% | 687M-9.1% | |
| Deferred tax assets | 38.7M-1.6% | 39.3M-8.5% | 42.9M | — | 37.1M-0.7% | |
| Other non-current assets | 498M+10.8% | 450M+21.1% | 371M+10.5% | 336M-9.7% | 372M+33.7% | |
| 743M+3.3% | 719M+3.8% | 693M-1.8% | 706M-4.2% | 737M+39.0% | ||
| Accounts payable | 470M-4.3% | 491M+11.8% | 440M-4.6% | 461M-7.9% | 500M+58.1% | |
| Accrued liabilities | 134M+38.0% | 97.0M-10.1% | 108M+20.8% | 89.3M+3.8% | 86.1M+2.5% | |
| Short-term & current debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Current lease liability | 14.7M+9.1% | 13.5M+19.5% | 11.3M | — | 8.92M | |
| Finance lease liability (current) | 1.94M+1.6% | 1.91M-88.2% | 16.2M | — | 1.11M | |
| 3.18B+2.5% | 3.10B+4.6% | 2.97B+4.0% | 2.85B+6.6% | 2.68B+0.8% | ||
| Long-term debt | 2.02B+0.3% | 2.01B+9.4% | 1.84B+5.8% | 1.74B+9.1% | 1.59B-9.4% | |
| Non-current lease liability | 42.5M-12.7% | 48.6M+31.9% | 36.9M | — | 24.1M | |
| Operating lease liability (total) | 57.2M-8.0% | 62.1M+29.0% | 48.2M | — | 33.0M+16.9% | |
| Finance lease liability (total) | 8.51M-10.5% | 9.51M-58.1% | 22.7M | — | 8.66M | |
| Finance lease liability | 6.57M-13.6% | 7.60M+16.3% | 6.53M | — | 7.55M | |
| Deferred tax liabilities | 120M-15.2% | 142M-19.7% | 176M | — | 179M+8.2% | |
| Other non-current liabilities | 368M+14.1% | 322M-16.9% | 388M+8.3% | 358M+29.3% | 277M-0.6% | |
| 2.00B+9.5% | 1.83B+4.2% | 1.76B+9.0% | 1.61B+0.8% | 1.60B+15.6% | ||
| Common stock | 54.2M-0.9% | 54.7M+1.0% | 54.1M+0.8% | 53.7M+1.7% | 52.8M+1.7% | |
| Additional paid-in capital | 298M-7.6% | 323M+7.0% | 301M+13.1% | 266M+24.7% | 214M+35.3% | |
| Retained earnings | 2.03B+5.3% | 1.92B+4.5% | 1.84B+5.8% | 1.74B+8.8% | 1.60B+8.6% | |
| Accumulated other comprehensive income | -375M+20.8% | -473M-6.9% | -443M+1.9% | -451M-67.0% | -270M+10.8% | |
| Non-controlling interest | -24.0K-102.0% | 1.19M+67.9% | 708K+13.5% | 624K+5.6% | 591K+9.2% | |
| Total equity incl. non-controlling | 2.00B+9.5% | 1.83B+4.2% | 1.76B+9.0% | 1.61B+0.8% | 1.60B+0.0% | |
| Total liabilities & equity | 5.18B+5.1% | 4.93B+4.4% | 4.72B+5.8% | 4.46B+4.4% | 4.27B+5.9% | |
| Common shares issued | 54.2M-0.9% | 54.7M+1.0% | 54.1M | — | 52.8M+1.7% | |
| Common shares outstanding | 54.2M-0.9% | 54.7M+1.0% | 54.1M+0.8% | 53.7M+1.7% | 52.8M+1.7% | |
| Shares outstanding (cover) | 54.3M-0.7% | 54.7M+0.9% | 54.2M+0.9% | 53.7M+1.7% | 52.8M+1.7% | |
| Cash Flow | as ofNov 29 ’25 | as ofNov 30 ’24 | as ofDec 2 ’23 | as ofDec 31 ’22 | as ofNov 27 ’21 | |
| 263M-12.9% | 302M-20.1% | 378M | — | 213M-35.7% | ||
| Depreciation & amortization | 178M+2.1% | 175M+117.5% | 80.3M | — | 143M+3.1% | |
| Intangible amortization | 86.5M+3.5% | 83.7M | — | — | 71.1M+0.7% | |
| Share-based compensation | 22.1M+0.6% | 21.9M+10.1% | 19.9M | — | 22.4M+32.2% | |
| Deferred income taxes | -40.6M+25.6% | -54.6M | — | — | -7.34M+65.3% | |
| Change in receivables | 3.44M+132.0% | -10.7M+84.4% | -68.7M | — | 125M+741.2% | |
| Change in inventory | 10.3M-65.7% | 30.1M+141.5% | -72.6M | — | 135M+961.7% | |
| Other operating activities | — | — | -28.0M | — | 109M+792.3% | |
| -232M+42.9% | -407M-27.5% | -319M | — | -94.7M+13.5% | ||
| Capital expenditure | 142M+2.2% | 139M+16.9% | 119M | — | 96.1M+10.1% | |
| Free cash flow | 121M-25.7% | 163M-37.1% | 259M | — | 117M-52.0% | |
| Acquisitions | 167M-39.0% | 274M+33.5% | 205M | — | 5.45M-42.7% | |
| Purchases of investments | 2.55M | 0.00 | 0.00 | — | — | |
| Proceeds from sale of PP&E | 5.03M+336.2% | 1.15M-77.1% | 5.03M | — | 2.90M+92.3% | |
| -108M-196.3% | 112M+219.0% | 35.1M | — | -154M+35.6% | ||
| Long-term debt issued | 1.30B-32.7% | 1.93B-13.5% | 2.23B | — | 0.00-100.0% | |
| Long-term debt repaid | 1.31B-26.0% | 1.76B-17.0% | 2.13B | — | 157M-69.8% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | — | 0.00 | |
| Common stock repurchased | 60.7M+53.5% | 39.6M+1441.0% | 2.57M | — | 2.68M-21.9% | |
| Dividends paid | 50.3M+5.6% | 47.6M+9.7% | 43.4M | — | 34.9M+4.2% | |
| Net change in cash | -62.1M-515.2% | -10.1M-110.1% | 99.5M | — | -38.7M-232.4% | |
| Interest paid | 133M-1.6% | 135M-1.6% | 137M | — | 62.8M-9.6% | |
| Income taxes paid | 125M+1.8% | 123M+72.7% | 71.3M | — | 73.0M+46.0% | |
| Valuation Ratios | as ofNov 29 ’25 | as ofNov 30 ’24 | as ofDec 2 ’23 | as ofDec 31 ’22 | as ofNov 27 ’21 | |
| Market cap | 3.15B-25.0% | 4.20B+1.1% | 4.15B+8.8% | 3.82B-1.7% | 3.88B+39.7% | |
| P/E | 27.4×+19.3% | 23.0×+1.3% | 22.7×+8.8% | 20.9×-18.8% | 25.7×+6.6% | |
| P/S | 0.9×-24.0% | 1.2×+5.1% | 1.1×+8.8% | 1.0×-15.8% | 1.2×+21.7% | |
| P/B | 1.6×-29.4% | 2.3×-5.2% | 2.4×-0.6% | 2.4×-2.4% | 2.5×+17.1% | |
| P/FCF | 26.0×+58.4% | 16.4× | — | — | 18.8×+45.1% | |
| Earnings yield | 3.6%-16.2% | 4.3%-1.3% | 4.4%-8.1% | 4.8%+23.1% | 3.9%-6.2% | |
| FCF yield | 3.9%-36.9% | 6.1% | — | — | 5.3%-31.1% | |
| Dividend yield | 1.6%+43.0% | 1.1%+6.9% | 1.0% | — | 0.90%-25.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: FUL’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FUL filings on SEC EDGAR → Not investment advice.