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H.B. Fuller CompanyNYSE:FUL Stock Report

Market Cap US$3.3b
Share Price
US$61.25
US$70.43
13.0% undervalued intrinsic discount
1Y10.7%
7D0.2%
Portfolio Value
View

H.B. Fuller Company

NYSE:FUL Stock Report

Market Cap: US$3.3b

H.B. Fuller (FUL) Stock Overview

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. More details

FUL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health3/6
Dividends5/6

FUL Community Fair Values

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See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Materials opportunity

H.B. Fuller Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for H.B. Fuller
Historical stock prices
Current Share PriceUS$60.67
52 Week HighUS$68.63
52 Week LowUS$48.71
Beta0.95
1 Month Change5.00%
3 Month Change-8.16%
1 Year Change10.73%
3 Year Change-7.82%
5 Year Change-11.38%
Change since IPO2,399.71%

Recent News & Updates

Narrative Update Apr 26

FUL: Raised Guidance And P/E Assumptions Will Support Stronger Long Term Outlook

Analysts have adjusted their outlook on H.B. Fuller, with offsetting moves such as a $3 increase in the price target at Citi and a $3 reduction at UBS. These changes are framed around updated views on valuation inputs such as the discount rate and the assumed future P/E multiple.
Narrative Update Apr 12

FUL: Long Term Assumptions Will Support Balanced Outlook Despite Mixed Guidance

The analyst price target for H.B. Fuller edges slightly lower to about $70.43 from roughly $70.71, as analysts balance recent target increases from several firms with more cautious revisions tied to adjusted growth, margin, and P/E assumptions. Analyst Commentary Recent Street research on H.B. Fuller presents a mixed picture, with several firms adjusting price targets both higher and lower over the past few months.
Narrative Update Mar 29

FUL: Higher Long Term Assumptions Will Support Upside Despite Mixed Guidance

Analysts trimmed the average H.B. Fuller price target by about $1 to $70.71, reflecting a mix of recent upward and downward revisions as they reassessed assumptions on growth, profitability, and valuation multiples. Analyst Commentary Recent research on H.B. Fuller features a mix of higher and lower price targets.

Recent updates

Narrative Update Apr 26

FUL: Raised Guidance And P/E Assumptions Will Support Stronger Long Term Outlook

Analysts have adjusted their outlook on H.B. Fuller, with offsetting moves such as a $3 increase in the price target at Citi and a $3 reduction at UBS. These changes are framed around updated views on valuation inputs such as the discount rate and the assumed future P/E multiple.
Narrative Update Apr 12

FUL: Long Term Assumptions Will Support Balanced Outlook Despite Mixed Guidance

The analyst price target for H.B. Fuller edges slightly lower to about $70.43 from roughly $70.71, as analysts balance recent target increases from several firms with more cautious revisions tied to adjusted growth, margin, and P/E assumptions. Analyst Commentary Recent Street research on H.B. Fuller presents a mixed picture, with several firms adjusting price targets both higher and lower over the past few months.
Narrative Update Mar 29

FUL: Higher Long Term Assumptions Will Support Upside Despite Mixed Guidance

Analysts trimmed the average H.B. Fuller price target by about $1 to $70.71, reflecting a mix of recent upward and downward revisions as they reassessed assumptions on growth, profitability, and valuation multiples. Analyst Commentary Recent research on H.B. Fuller features a mix of higher and lower price targets.
Seeking Alpha Mar 26

I'm Less Positive On H.B. Fuller After This Quarter (Downgrade)

Summary With margins holding up but sales volumes weakening, the stock’s upside appears limited, leading to a neutral stance on shares. Organic revenue declined 6.6%, driven primarily by a 7.2% drop in sales volumes across several end markets. Customer caution in construction and general industrial markets continued to weigh on demand, particularly within Building Adhesive Solutions and consumer-related segments. Net leverage has improved to roughly 3.1× EBITDA, though the company still carries a relatively high debt load and a below-investment-grade credit rating. Read the full article on Seeking Alpha
Narrative Update Mar 14

FUL: Higher P/E Assumptions Will Support Upside Despite Muted Revenue Outlook

Analysts have lifted their consolidated price target on H.B. Fuller by several dollars, with recent $2 to $6 upward revisions tied to their updated views on the company’s earnings power and P/E assumptions. Analyst Commentary Bullish analysts raising their targets by $2 to $6 are largely reacting to updated assumptions on H.B. Fuller’s earnings power and the P/E they are willing to apply to those earnings.
Narrative Update Feb 28

FUL: Free Cash Flow Support Will Offset Modest Outlook And Future P/E Assumptions

H.B. Fuller’s analyst price target has been lifted by several firms, with recent increases of $2 to $6 reflecting analysts’ updated views on its earnings profile and modest adjustments to assumptions such as discount rate, long-term revenue growth, profit margin, and future P/E. Analyst Commentary Recent Street research points to a cluster of higher price targets for H.B. Fuller, with adjustments in the range of $2 to $6.
Narrative Update Feb 14

FUL: Free Cash Flow Support Will Balance Organic Headwinds And Future P/E Expectations

The Street has nudged its view on H.B. Fuller higher, with analysts lifting price targets by $2 to $6 as they point to a mix of free cash flow support and valuation considerations, even as they flag near term organic growth headwinds. Analyst Commentary Recent Street research clusters around a common theme for H.B. Fuller, with price target increases framed against ongoing pressure on near term organic growth.
Narrative Update Jan 31

FUL: Free Cash Flow Support Will Underpin Higher Future P/E Expectations

Analysts have lifted their price targets on H.B. Fuller by between $2 and $6, citing updated views on valuation, free cash flow support, and a slightly higher assumed future P/E multiple in their models. Analyst Commentary Recent research updates show a cluster of higher price targets for H.B. Fuller, with several firms revisiting their models to reflect revised valuation assumptions, free cash flow support, and modestly higher assumed future P/E multiples.
Narrative Update Jan 17

FUL: Higher P/E Expectations Will Shape Medium Term Earnings Power

Analysts have raised their price targets for H.B. Fuller, reflected in the fair value estimate increasing from $68.83 to $71.71. This change is based on a higher assumed future P/E multiple, along with slightly revised assumptions for the discount rate, revenue growth, and profit margins.
Analysis Article Jan 08

Investors Will Want H.B. Fuller's (NYSE:FUL) Growth In ROCE To Persist

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Nov 14

We Think H.B. Fuller (NYSE:FUL) Is Taking Some Risk With Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Oct 03

There May Be Reason For Hope In H.B. Fuller's (NYSE:FUL) Disappointing Earnings

Soft earnings didn't appear to concern H.B. Fuller Company's ( NYSE:FUL ) shareholders over the last week. Our analysis...
Analysis Article Sep 30

H.B. Fuller Company Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Shareholders might have noticed that H.B. Fuller Company ( NYSE:FUL ) filed its quarterly result this time last week...
Narrative Update Sep 28

ND Industries Integration And HHC Pricing Will Secure Stability

Analysts have raised H.B. Fuller's price target to $68.83, citing confidence in continued EBITDA growth, margin expansion, and operational execution despite a weak growth environment. Analyst Commentary Bullish analysts highlight solid year-over-year EBITDA growth expected in fiscal 2025, despite a sluggish growth environment.
Analysis Article Aug 30

Estimating The Intrinsic Value Of H.B. Fuller Company (NYSE:FUL)

Key Insights Using the 2 Stage Free Cash Flow to Equity, H.B. Fuller fair value estimate is US$53.78 With US$61.05...
Analysis Article Aug 14

H.B. Fuller Company's (NYSE:FUL) P/E Is On The Mark

H.B. Fuller Company's ( NYSE:FUL ) price-to-earnings (or "P/E") ratio of 31.7x might make it look like a strong sell...
Analysis Article Jul 30

Is Now The Time To Look At Buying H.B. Fuller Company (NYSE:FUL)?

While H.B. Fuller Company ( NYSE:FUL ) might not have the largest market cap around , it saw a double-digit share price...
Analysis Article Jul 15

There's Been No Shortage Of Growth Recently For H.B. Fuller's (NYSE:FUL) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Analysis Article May 22

Is H.B. Fuller Company (NYSE:FUL) Worth US$54.7 Based On Its Intrinsic Value?

Key Insights Using the 2 Stage Free Cash Flow to Equity, H.B. Fuller fair value estimate is US$41.64 H.B. Fuller is...
Analysis Article May 07

H.B. Fuller (NYSE:FUL) Takes On Some Risk With Its Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Apr 19

H.B. Fuller (NYSE:FUL) Will Pay A Larger Dividend Than Last Year At $0.235

The board of H.B. Fuller Company ( NYSE:FUL ) has announced that it will be increasing its dividend by 5.6% on the 13th...
Analysis Article Apr 10

Here's What To Make Of H.B. Fuller's (NYSE:FUL) Decelerating Rates Of Return

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article Mar 13

Shareholders Should Be Pleased With H.B. Fuller Company's (NYSE:FUL) Price

With a price-to-earnings (or "P/E") ratio of 22.4x H.B. Fuller Company ( NYSE:FUL ) may be sending bearish signals at...
Analysis Article Feb 21

What Is H.B. Fuller Company's (NYSE:FUL) Share Price Doing?

H.B. Fuller Company ( NYSE:FUL ), is not the largest company out there, but it saw significant share price movement...
Analysis Article Jan 23

We Think You Can Look Beyond H.B. Fuller's (NYSE:FUL) Lackluster Earnings

Shareholders appeared unconcerned with H.B. Fuller Company's ( NYSE:FUL ) lackluster earnings report last week. We...
Seeking Alpha Jan 17

Evaluation Of H.B. Fuller After A 30% Decline

Summary H.B. Fuller missed analysts' estimates for the second consecutive quarter, leading to a 3% stock decline and hitting a nearly 3-year low. Despite recent stagnation, H.B. Fuller expects to realize price hikes in 2025, with projected earnings per share growth of 5% and potential for significant future gains. The stock's sharp 30% decline is attributed to its initially high valuation; it now trades at a more reasonable 15.0x forward P/E ratio. Given its cyclical nature, H.B. Fuller offers substantial upside potential but is not a long-term hold; investors should reassess at $79 target. Read the full article on Seeking Alpha
Analysis Article Dec 21

Does H.B. Fuller (NYSE:FUL) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha Dec 08

H.B. Fuller: Still Not Fully Onboard

Summary H.B. Fuller faces lackluster revenue growth and margin pressure despite M&A activities, leading to cautious investment sentiment and a neutral stance. The company has a long heritage, generating $3.5 billion in 2023 sales, but inventory de-stocking and soft trends have weighed on sales growth for a while. Recent acquisitions and reorganization efforts have increased net debt to $2 billion, raising leverage ratios to 3.2-3.3 times amidst flat organic sales. I remain cautious and seek an entry point in the mid-sixties, given the current 18 times earnings multiple and expensive portfolio reshuffling. Read the full article on Seeking Alpha
Analysis Article Dec 07

Earnings Not Telling The Story For H.B. Fuller Company (NYSE:FUL)

With a price-to-earnings (or "P/E") ratio of 22.6x H.B. Fuller Company ( NYSE:FUL ) may be sending bearish signals at...
Analysis Article Nov 20

Should You Investigate H.B. Fuller Company (NYSE:FUL) At US$73.70?

H.B. Fuller Company ( NYSE:FUL ), is not the largest company out there, but it saw significant share price movement...
Analysis Article Nov 07

A Look At The Intrinsic Value Of H.B. Fuller Company (NYSE:FUL)

Key Insights Using the 2 Stage Free Cash Flow to Equity, H.B. Fuller fair value estimate is US$92.46 With US$79.33...
Analysis Article Oct 11

H.B. Fuller (NYSE:FUL) Is Looking To Continue Growing Its Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

FULUS ChemicalsUS Market
7D0.2%-1.4%2.1%
1Y10.7%10.5%30.6%

Return vs Industry: FUL underperformed the US Chemicals industry which returned 14.6% over the past year.

Return vs Market: FUL underperformed the US Market which returned 31% over the past year.

Price Volatility

Is FUL's price volatile compared to industry and market?
FUL volatility
FUL Average Weekly Movement5.7%
Chemicals Industry Average Movement7.2%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: FUL has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FUL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18877,100Celeste Mastinwww.hbfuller.com

H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. It operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Building Adhesive Solutions. The Hygiene, Health and Consumable Adhesives segment produces and supplies specialty industrial adhesives, such as thermoplastic, thermoset, reactive, water-based, and solvent-based products for applications in various markets, including packaging, converting, nonwoven and hygiene, and medical and beauty.

H.B. Fuller Company Fundamentals Summary

How do H.B. Fuller's earnings and revenue compare to its market cap?
FUL fundamental statistics
Market capUS$3.32b
Earnings (TTM)US$159.76m
Revenue (TTM)US$3.46b
20.7x
P/E Ratio
1.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FUL income statement (TTM)
RevenueUS$3.46b
Cost of RevenueUS$2.35b
Gross ProfitUS$1.10b
Other ExpensesUS$941.96m
EarningsUS$159.76m

Last Reported Earnings

Feb 28, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.93
Gross Margin31.88%
Net Profit Margin4.62%
Debt/Equity Ratio107.9%

How did FUL perform over the long term?

See historical performance and comparison

Dividends

1.5%
Current Dividend Yield
32%
Payout Ratio

Does FUL pay a reliable dividends?

See FUL dividend history and benchmarks
When do you need to buy FUL by to receive an upcoming dividend?
H.B. Fuller dividend dates
Ex Dividend DateApr 30 2026
Dividend Pay DateMay 14 2026
Days until Ex dividend10 days
Days until Dividend pay date4 days

Does FUL pay a reliable dividends?

See FUL dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 18:09
End of Day Share Price 2026/05/07 00:00
Earnings2026/02/28
Annual Earnings2025/11/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

H.B. Fuller Company is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ghansham PanjabiBaird
Paretosh MisraBerenberg
Patrick CunninghamCitigroup Inc