H B Fuller Company logo

H B Fuller Company(FUL)

upturn advisory logo
ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$50.06
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close

Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for FUL

09/25/2026: FUL (1-star) is currently NOT-A-BUY. Pass it for now.

H.B. Fuller Company is a leading global industrial manufacturer specializing in adhesives, sealants, and bonding solutions. The company is known for its strong technical capabilities and diverse presence in both consumer-facing and industrial markets, providing a degree of stability through varying economic cycles. Its primary growth opportunity lies in expanding its higher-margin Engineering Adhesives segment, particularly in sectors like automotive and electronics. Risks include exposure to volatile raw material costs, the complexity of managing debt from historical acquisitions, and intense competition from larger chemical conglomerates. It remains a potential fit for value and dividend-focused investors, with key developments to monitor including margin expansion and successful R&D in sustainable technologies.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers moderate growth through acquisitions but operates in a mature, cyclical industry.
Momentum investorMixed fitThe stock often trends with broader industrial cycles, requiring a positive economic backdrop for momentum.
Value investorStrong fitH.B. Fuller often trades at valuation multiples that appeal to investors looking for established, cash-generative industrial businesses.
Dividend investorStrong fitThe company has a consistent track record of dividend payments, making it suitable for income-focused portfolios.
Low-risk investorMixed fitWhile established, the company's exposure to commodity pricing and cyclical industrial demand introduces moderate volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumThe stock price is subject to industrial cycle swings and changes in input costs.
Valuation riskLowTrading multiples have historically remained reasonable relative to peers.
Competition risk (Specialty Chemicals)MediumThe company faces constant pressure from global chemical giants with larger R&D budgets.
Business qualityMediumIt is a reliable manufacturer with a strong market position, though not immune to economic downturns.
Dividend incomeLowThe dividend is stable, though it is not a high-yield 'income play'.
Execution riskMediumSuccessful growth depends on the ongoing effective integration of strategic acquisitions.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit -40.78%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
FUL receives a 3-star rating, supported by available scored pillars. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

★★★★★
FUL has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, solid earnings growth (+16.7%) is partially offset by soft cash generation (FCF margin 3.5%), slightly negative revenue growth (-2.7%), soft profitability (net margin 4.4%).

Financial Health Rating

★★★★★
FUL's financial health is supported by solid cash strength, including free-cash-flow generation (3.5% of revenue). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is FUL's strongest growth driver at +16.7% FY2025 versus FY2024 (solid, 4 stars). By comparison, while revenue growth (-2.7%, slightly negative) and free-cash-flow growth (-25.7%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 106.7% and approximately 99.5% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.29%, which materially reduces the ownership score.

Top 5 Institutional Investors

BlackRock Inc 14.93%
Vanguard Portfolio Management, LLC 6.97%
Dimensional Fund Advisors, Inc. 5.31%
State Street Corp 5.12%
Vanguard Capital Management, LLC 4.52%

Unit Economics (Per $1K Revenue)

★★★★★
FUL generates approximately $317 of gross profit, $115 of operating income, and $35 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 30.62%

Quantitative Style Profile

★★★★★
FUL has a liquid profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedSmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.69B USD
Price to earnings Ratio 14.88
1Y Target Price 73.29
Price to earnings Ratio 14.88
1Y Target Price 73.29
Volume (30-day avg) 761.1K shares
Beta 0.97
52 Weeks Range 46.70 - 68.05
Updated Date 09/25/2026
52 Weeks Range 46.70 - 68.05
Updated Date 09/25/2026
Dividends yield (FY) 0.47%
Basic EPS (TTM) 3.36

How Company Makes Money

Business areaWhat it includesRetail investor read
Hygiene, Health and Consumable AdhesivesAdhesives for disposable hygiene, medical devices, and packaging.This is a stable, recurring-revenue segment driven by consumer demand for packaged goods and health products.
Engineering AdhesivesHigh-tech bonding for automotive, electronics, and renewables.This segment is the company's growth engine, leveraging high-tech industry trends like electrification.
Geography (Global)Operations spanning North America, Europe, Latin America, and Asia.A balanced global footprint helps diversify revenue, though it exposes the company to varying regional economic conditions.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Advertisement

Earnings Date

Report Date 2026-09-23
When After Market
Estimate 1.45
Actual 1.52

Profitability

Profit Margin 5.56%
Operating Margin (TTM) 12.07%

Management Effectiveness

Return on Assets (TTM) 4.96%
Return on Equity (TTM) 9.58%

Valuation

Trailing PE 14.88
Forward PE 9.44
Enterprise Value 4.66B
Price to Sales(TTM) 0.76
Enterprise Value 4.66B
Price to Sales(TTM) 0.76
Enterprise Value to Revenue 1.33
Enterprise Value to EBITDA 8.34
Shares Outstanding 53.82M
Shares Floating 53.54M
Shares Outstanding 53.82M
Shares Floating 53.54M
Percent Insiders 0.29
Percent Institutions 106.66

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About H B Fuller Company

Exchange NYSE
Headquarters Saint Paul, MN, United States
IPO Launch date 1990-03-26
President, CEO & Director Ms. Celeste Beeks Mastin
Sector Basic Materials
Industry Specialty Chemicals
Full time employees 7100
Full time employees 7100

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. The Engineering Adhesives segment produces and supplies high performance industrial adhesives comprising reactive, light cure, two-part liquids, polyurethane, silicone, film, and fast cure products to the durable assembly, performance wood and textile, transportation, electronics, clean energy, aerospace and defense, appliance, heavy machinery, and insulating glass markets. The Construction Adhesives segment provides products used for commercial roofing, heating, ventilation, and air conditioning and insulation applications, as well as caulks and sealants for the consumer market and professional trade. The company sells its products directly to customers, as well as through distributors and retailers in North America, Latin America, Europe, India, the Middle East, Africa, and the Asia Pacific. H.B. Fuller Company was founded in 1887 and is headquartered in Saint Paul, Minnesota.