FUL Stock - H.B. Fuller Company
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $3.57B | $3.51B | $3.75B | $3.28B | $2.79B |
| Gross Profit | $1.07B | $1.01B | $963.70M | $845.32M | $756.65M |
| Gross Margin | 30.1% | 28.7% | 25.7% | 25.8% | 27.1% |
| Operating Income | $348.22M | $375.38M | $343.45M | $294.94M | $245.13M |
| Net Income | $130.26M | $144.91M | $180.31M | $161.39M | $123.72M |
| Net Margin | 3.6% | 4.1% | 4.8% | 4.9% | 4.4% |
| EPS | $2.37 | $2.67 | $3.37 | $3.05 | $2.38 |
H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products worldwide. The company operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives. The Hygiene, Health and Consumable Adhesives segment produces and supplies specialty industrial adhesives such as, thermoplastic, thermoset, reactive, and water-based and solvent-based products for applications in various markets, including food and beverage containers, flexible packaging, consumer goods, package integrity and re-enforcement, and non-durable goods; corrugation, folding carton, tape and label, paper converting, envelopes, books, multi-wall bags, sacks, and tissue and towel; disposable diapers, feminine care, and medical garments; and health and beauty. The Engineering Adhesives segment produces and supplies high performance industrial adhesives such as reactive, light cure, two-part liquids, silicone, polyurethane, film, and fast cure products to the appliances and filters, windows, doors and wood flooring, and textile, transportation, electronics, medical, clean energy, aerospace and defense, appliance, heavy machinery, and insulating glass markets. The Construction Adhesives segment provides products used for tile setting, 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 through distributors and retailers. H.B. Fuller Company was founded in 1887 and is headquartered in Saint Paul, Minnesota.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 21st 2025 | UBS | Initiation | Neutral | $60 |
| October 22nd 2025 | Citigroup | Upgrade | Buy | $70 |
| September 26th 2025 | Seaport Research Partners | Upgrade | Buy | $80 |
| April 17th 2025 | Robert W. Baird | Upgrade | Outperform | $60 |
| March 5th 2025 | Seaport Research Partners | Downgrade | Neutral | - |
| January 6th 2025 | Vertical Research | Downgrade | Hold | - |
| March 19th 2024 | Vertical Research | Initiation | Buy | $88 |
| October 17th 2023 | Robert W. Baird | Downgrade | Neutral | $80 |
| September 11th 2023 | Citigroup | Initiation | Neutral | $78 |
| February 3rd 2023 | Citigroup | Upgrade | Buy | $85← $72 |
| June 24th 2022 | JP Morgan | Downgrade | Underweight | $52← $70 |
| April 18th 2022 | Deutsche Bank | Upgrade | Buy | $85← $72 |
| April 14th 2022 | Robert W. Baird | Upgrade | Outperform | $85 |
Earnings History & Surprises
FULEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Mar 24, 2026 | — | — | — | — |
Q1 2026 | Jan 21, 2026 | $1.24 | — | — | — |
Q3 2025 | Sep 24, 2025 | $1.24 | $1.26 | +1.6% | ✓ BEAT |
Q2 2025 | Jun 25, 2025 | $1.10 | $1.18 | +7.3% | ✓ BEAT |
Q1 2025 | Mar 26, 2025 | $0.49 | $0.54 | +9.4% | ✓ BEAT |
Q1 2025 | Jan 15, 2025 | $1.24 | $0.92 | -25.8% | ✗ MISS |
Q3 2024 | Sep 25, 2024 | $1.23 | $1.13 | -8.1% | ✗ MISS |
Q2 2024 | Jun 26, 2024 | $1.03 | $1.12 | +8.7% | ✓ BEAT |
Q1 2024 | Mar 27, 2024 | $0.64 | $0.67 | +4.7% | ✓ BEAT |
Q1 2024 | Jan 17, 2024 | $1.29 | $1.32 | +2.3% | ✓ BEAT |
Q3 2023 | Sep 27, 2023 | $1.17 | $1.06 | -9.4% | ✗ MISS |
Q2 2023 | Jun 28, 2023 | $1.04 | $0.93 | -10.6% | ✗ MISS |
Q1 2023 | Mar 29, 2023 | $0.60 | $0.55 | -8.3% | ✗ MISS |
Q1 2023 | Jan 18, 2023 | $1.24 | $1.04 | -16.1% | ✗ MISS |
Q3 2022 | Sep 21, 2022 | $1.05 | $1.06 | +1.0% | ✓ BEAT |
Q2 2022 | Jun 22, 2022 | $1.07 | $1.11 | +3.7% | ✓ BEAT |
Q1 2022 | Mar 23, 2022 | $0.73 | $0.80 | +9.6% | ✓ BEAT |
Q1 2022 | Jan 19, 2022 | $1.08 | $1.09 | +0.9% | ✓ BEAT |
Q3 2021 | Sep 22, 2021 | $0.79 | $0.78 | -1.3% | ✗ MISS |
Q2 2021 | Jun 23, 2021 | $0.92 | $0.94 | +2.2% | ✓ BEAT |
Latest News
UBS Initiates Coverage On H.B. Fuller with Neutral Rating, Announces Price Target of $60
➖ NeutralH.B. Fuller Launches Fuller Impact Platform
📈 PositiveCitigroup Maintains Neutral on H.B. Fuller, Lowers Price Target to $62
➖ NeutralSeaport Global Upgrades H.B. Fuller to Buy, Announces $80 Price Target
📈 PositiveH.B. Fuller Narrows FY2025 Adj EPS Guidance from $4.10-$4.30 to $4.10-$4.25 vs $4.20 Est
📉 NegativeH.B. Fuller Q3 Adj. EPS $1.26 Beats $1.24 Estimate, Sales $892.043M Miss $895.842M Estimate
➖ NeutralBiggest stock movers Thursday: FUL, KTOS, and more
➖ NeutralH.B. Fuller stock leaps ~10% pre‑market after upbeat FY forecast
📈 PositiveH.B. Fuller Non-GAAP EPS of $1.18 beats by $0.10, revenue of $898.1M misses by $1.92M
➖ NeutralFrequently Asked Questions about FUL
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