H B Fuller Company (FUL)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,828,660 | 1,840,990 | 1,791,390 | 1,767,520 | 1,755,200 | 1,726,440 | 1,682,490 | 1,633,470 | 1,610,170 | 1,578,090 | 1,614,150 | 1,645,250 | 1,596,770 | 1,567,290 | 1,562,630 | 1,441,620 | 1,381,320 | 1,313,390 | 1,218,370 | 1,221,600 |
| ROE | 7.12% | 9.92% | 9.20% | 8.71% | 8.26% | 8.59% | 9.34% | 10.03% | 11.20% | 11.59% | 10.41% | 10.33% | 10.11% | 9.64% | 10.31% | 9.96% | 8.96% | 8.78% | 10.13% | 10.52% |
November 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $130,257K ÷ $1,828,660K
= 7.12%
The return on equity (ROE) of H B Fuller Company has shown fluctuations over the analyzed periods. The trend indicates a slight decline in ROE from August 2020 to December 2023, with the percentage ranging between 8.26% and 10.41%. However, there was a notable improvement in ROE from August 2024 to August 2022, reaching a peak of 11.59% in August 2022. The ROE then decreased in November 2024 to 7.12%.
Overall, the ROE of H B Fuller Company has exhibited variability, with the company's ability to generate profits from shareholders' equity fluctuating over time. An ROE above 10% indicates a relatively healthy profitability level, while a decrease in ROE may suggest a decrease in the company's efficiency in utilizing its equity to generate earnings. It is essential for stakeholders to monitor these fluctuations in ROE to assess the company's financial performance and sustainability.
Peer comparison
Nov 30, 2024