H B Fuller Company (FUL)
Gross profit margin
| Nov 30, 2024 | Aug 31, 2024 | Jun 1, 2024 | Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Mar 4, 2023 | Dec 3, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,061,878 | 1,070,860 | 1,058,603 | 1,033,326 | 1,008,898 | 983,178 | 968,870 | 965,616 | 963,700 | 957,037 | 901,823 | 865,852 | 845,323 | 817,506 | 811,400 | 778,751 | 756,649 | 744,224 | 763,701 | 797,259 |
| Revenue (ttm) | US$ in thousands | 3,568,737 | 3,548,332 | 3,531,039 | 3,512,171 | 3,510,935 | 3,566,270 | 3,606,866 | 3,701,885 | 3,749,184 | 3,688,394 | 3,573,994 | 3,408,609 | 3,278,031 | 3,158,247 | 3,022,880 | 2,869,609 | 2,790,269 | 2,751,735 | 2,785,648 | 2,870,629 |
| Gross profit margin | 29.76% | 30.18% | 29.98% | 29.42% | 28.74% | 27.57% | 26.86% | 26.08% | 25.70% | 25.95% | 25.23% | 25.40% | 25.79% | 25.88% | 26.84% | 27.14% | 27.12% | 27.05% | 27.42% | 27.77% |
November 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,061,878K ÷ $3,568,737K
= 29.76%
The gross profit margin of H B Fuller Company has shown a slight decline in recent periods, starting at 27.77% in February 2020 and gradually decreasing to 25.23% by May 2022. However, there was a subsequent increase to 29.42% in March 2024, which continued to rise to 30.18% by August 2024. The margin then slightly decreased to 29.76% by November 2024. Overall, the trend has been somewhat fluctuating but showed an upward trajectory in the latter part of the period. This indicates that the company may have implemented strategies to improve its cost management and sales pricing, resulting in a higher gross profit margin. It is essential for H B Fuller Company to monitor this metric closely to ensure sustainable profitability and operational efficiency.
Peer comparison
Nov 30, 2024