H B Fuller Company (FUL)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 130,257 | 182,606 | 164,872 | 154,009 | 144,907 | 148,223 | 157,093 | 163,895 | 180,312 | 182,890 | 168,009 | 169,908 | 161,393 | 151,113 | 161,104 | 143,615 | 123,719 | 115,329 | 123,440 | 128,468 |
| Total assets | US$ in thousands | 4,933,240 | 4,978,240 | 4,919,110 | 4,681,970 | 4,723,580 | 4,659,910 | 4,618,050 | 4,535,740 | 4,463,630 | 4,571,640 | 4,620,480 | 4,641,440 | 4,274,530 | 4,258,270 | 4,266,930 | 4,113,750 | 4,036,700 | 3,981,720 | 3,979,060 | 4,025,270 |
| ROA | 2.64% | 3.67% | 3.35% | 3.29% | 3.07% | 3.18% | 3.40% | 3.61% | 4.04% | 4.00% | 3.64% | 3.66% | 3.78% | 3.55% | 3.78% | 3.49% | 3.06% | 2.90% | 3.10% | 3.19% |
November 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $130,257K ÷ $4,933,240K
= 2.64%
The return on assets (ROA) of H B Fuller Company has shown some fluctuations over the periods from February 29, 2020, to November 30, 2024. The ROA started at 3.19% on February 29, 2020, and generally trended upward, reaching a peak of 4.04% on December 3, 2022. However, there was a slight decline afterward, with an ROA of 2.64% on November 30, 2024.
Overall, H B Fuller Company has maintained a relatively stable ROA, indicating that the company has been able to generate a moderate level of profit relative to its total assets. It is important to continue monitoring the ROA to assess the company's efficiency in utilizing its assets to generate profits in the future.
Peer comparison
Nov 30, 2024