H B Fuller Company (FUL)
Return on equity (ROE)
| Nov 30, 2024 | Dec 2, 2023 | Dec 3, 2022 | Nov 27, 2021 | Nov 28, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 130,256 | 144,906 | 180,313 | 161,393 | 123,719 |
| Total stockholders’ equity | US$ in thousands | 1,828,660 | 1,755,200 | 1,610,170 | 1,596,770 | 1,381,320 |
| ROE | 7.12% | 8.26% | 11.20% | 10.11% | 8.96% |
November 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $130,256K ÷ $1,828,660K
= 7.12%
The Return on Equity (ROE) of H B Fuller Company has shown variability over the past five years. In November 2020, the ROE was 8.96%, which increased to 10.11% by November 2021. The trend continued with further improvement, reaching 11.20% by December 2022. However, there was a slight decline in ROE to 8.26% by December 2023, followed by a more significant decrease to 7.12% by November 2024.
Overall, the company's ROE has displayed fluctuations, indicating changes in how efficiently it is utilizing shareholders' equity to generate profits. The downward trend in recent years suggests a potential decrease in profitability relative to the equity invested by shareholders. Further analysis of the company's financial performance and operational efficiency may be necessary to understand the factors contributing to these fluctuations in ROE.
Peer comparison
Nov 30, 2024