H B Fuller Company (FUL)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 348,219 | 385,214 | 372,192 | 361,746 | 355,138 | 331,986 | 328,621 | 325,985 | 322,717 | 308,137 | 279,636 | 261,263 | 252,614 | 250,874 | 250,152 | 237,914 | 218,317 | 197,083 | 205,058 | 220,535 |
| 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 |
| Operating profit margin | 9.76% | 10.86% | 10.54% | 10.30% | 10.12% | 9.31% | 9.11% | 8.81% | 8.61% | 8.35% | 7.82% | 7.66% | 7.71% | 7.94% | 8.28% | 8.29% | 7.82% | 7.16% | 7.36% | 7.68% |
November 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $348,219K ÷ $3,568,737K
= 9.76%
The operating profit margin of H B Fuller Company has shown fluctuations over the past few years. The trend indicates a general increase from around 7.00% in early 2020 to around 10.00% by the end of 2024, with some periodic ups and downs in between.
In February 2020, the operating profit margin was 7.68%, and it gradually decreased to 7.16% by August 2020. However, it started to improve thereafter, reaching 8.29% by February 2021. Subsequently, there were slight fluctuations but an overall upward trend was observed, with the margin peaking at 10.86% in August 2024.
It is worth noting that the operating profit margin saw a slight decline to 9.76% by November 2024. This may require further investigation to understand the potential reasons behind this decrease in profitability.
Overall, the operating profit margin of H B Fuller Company has shown a positive trajectory over the analyzed period, indicating improvements in operational efficiency and profitability.
Peer comparison
Nov 30, 2024