H B Fuller Company (FUL)
Pretax margin
| Nov 30, 2024 | Dec 2, 2023 | Dec 3, 2022 | Nov 27, 2021 | Nov 28, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 186,637 | 238,435 | 257,499 | 224,426 | 165,640 |
| Revenue | US$ in thousands | 3,568,740 | 3,510,930 | 3,749,180 | 3,278,030 | 2,790,270 |
| Pretax margin | 5.23% | 6.79% | 6.87% | 6.85% | 5.94% |
November 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $186,637K ÷ $3,568,740K
= 5.23%
H B Fuller Company's pretax margin has shown a generally positive trend over the past five years, increasing from 5.94% in November 28, 2020, to a peak of 6.87% in December 3, 2022. However, there was a slight decline in pretax margin to 5.23% by November 30, 2024. This indicates that the company's ability to generate profits before accounting for taxes improved over the period under review, albeit with some fluctuations. It is important to analyze the underlying factors driving these changes in pretax margin to assess the company's overall financial performance accurately.
Peer comparison
Nov 30, 2024