H B Fuller Company (FUL)
Profitability ratios
Return on sales
| Nov 30, 2024 | Dec 2, 2023 | Dec 3, 2022 | Nov 27, 2021 | Nov 28, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 29.76% | 28.74% | 25.70% | 25.79% | 27.12% |
| Operating profit margin | 9.76% | 10.12% | 8.61% | 7.71% | 7.82% |
| Pretax margin | 5.23% | 6.79% | 6.87% | 6.85% | 5.94% |
| Net profit margin | 3.65% | 4.13% | 4.81% | 4.92% | 4.43% |
H B Fuller Company's profitability ratios indicate a fluctuating performance over the years.
- Gross profit margin slightly decreased from 27.12% in 2020 to 25.79% in 2021, stabilized around 25-26% in the subsequent years, and experienced a significant improvement to 29.76% in 2024.
- Operating profit margin remained relatively steady from 2020 to 2023 around 7-8%, then saw a notable increase to 9.76% in 2024.
- Pretax margin varied between 5.23% and 6.87% during the observed period.
- Net profit margin showed a decline from 4.43% in 2020 to 3.65% in 2024.
Overall, improvements in the gross and operating profit margins in the latest year point towards enhanced operational efficiency, although the declining trend in net profit margin suggests that cost management and revenue generation efficiency may need further attention for sustained profitability.
Return on investment
| Nov 30, 2024 | Dec 2, 2023 | Dec 3, 2022 | Nov 27, 2021 | Nov 28, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.06% | 7.52% | 7.23% | 5.91% | 5.41% |
| Return on assets (ROA) | 2.64% | 3.07% | 4.04% | 3.78% | 3.06% |
| Return on total capital | 9.07% | 9.89% | 9.64% | 7.92% | 6.96% |
| Return on equity (ROE) | 7.12% | 8.26% | 11.20% | 10.11% | 8.96% |
H B Fuller Company's profitability ratios show a mixed performance over the past few years.
1. Operating Return on Assets (Operating ROA) has demonstrated a steady improvement from 5.41% in November 2020 to 7.06% in November 2024. This indicates the company's ability to generate operating income from its assets has been gradually increasing.
2. Return on Assets (ROA) has fluctuated over the years, with a peak of 4.04% in December 3, 2022, but a decrease to 2.64% by November 30, 2024. The declining trend in ROA suggests that the company's profitability in relation to its total assets has weakened in recent years.
3. Return on Total Capital has shown a consistent growth from 6.96% in November 2020 to 9.07% in November 30, 2024. This ratio reflects the company's ability to generate returns from both equity and debt investments.
4. Return on Equity (ROE) has experienced fluctuations, with a peak of 11.20% in December 3, 2022, before falling to 7.12% by November 30, 2024. This indicates that the company's profitability in relation to shareholders' equity has been inconsistent.
Overall, while the Operating ROA and Return on Total Capital have shown positive trends, the ROA and ROE ratios suggest that H B Fuller Company may need to address factors impacting its profitability and efficiency in utilizing assets and equity to generate returns.