H B Fuller Company (FUL)
Operating profit margin
| Nov 30, 2024 | Dec 2, 2023 | Dec 3, 2022 | Nov 27, 2021 | Nov 28, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 348,220 | 355,137 | 322,718 | 252,612 | 218,317 |
| Revenue | US$ in thousands | 3,568,740 | 3,510,930 | 3,749,180 | 3,278,030 | 2,790,270 |
| Operating profit margin | 9.76% | 10.12% | 8.61% | 7.71% | 7.82% |
November 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $348,220K ÷ $3,568,740K
= 9.76%
H B Fuller Company's operating profit margin has shown a mixed trend over the past five years. Starting at 7.82% on November 28, 2020, the margin saw a slight decline to 7.71% by November 27, 2021. However, from there, there was a notable improvement in profitability, with the margin reaching 8.61% on December 3, 2022, and further increasing to 10.12% by December 2, 2023. Despite a slight decrease to 9.76% on November 30, 2024, the operating profit margin remains healthy overall, indicating effective cost management and operational efficiency within the company. The consistent focus on improving profitability is evident in the positive trajectory of the operating profit margin over the years.
Peer comparison
Nov 30, 2024