H B Fuller Company (FUL)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (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 |
| Long-term debt | US$ in thousands | 2,010,050 | 2,020,270 | 2,023,520 | 1,829,250 | 1,836,590 | 1,872,470 | 1,852,040 | 1,845,280 | 1,736,260 | 1,885,040 | 1,903,980 | 1,888,260 | 1,591,480 | 1,636,690 | 1,685,550 | 1,741,890 | 1,756,980 | 1,847,840 | 1,908,340 | 1,904,900 |
| 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 |
| Return on total capital | 9.07% | 9.98% | 9.76% | 10.06% | 9.89% | 9.22% | 9.30% | 9.37% | 9.64% | 8.90% | 7.95% | 7.39% | 7.92% | 7.83% | 7.70% | 7.47% | 6.96% | 6.23% | 6.56% | 7.05% |
November 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $348,219K ÷ ($2,010,050K + $1,828,660K)
= 9.07%
The return on total capital for H B Fuller Company has shown some fluctuations over the past few years. Starting at 7.05% in February 2020, it dipped to 6.56% in May 2020 before gradually increasing to 8.90% in August 2022. However, it experienced a slight decrease to 9.07% by November 2024.
Overall, the trend has been upward, with the return on total capital peaking at 10.06% in March 2024. This indicates that the company has been effectively generating profits relative to the total capital deployed in its operations. It is crucial for investors to monitor this metric to assess the company's efficiency in utilizing its capital resources to generate returns.
Peer comparison
Nov 30, 2024