📊 FUL Key Takeaways
Is Fuller H B Co (FUL) a Good Investment?
Fuller demonstrates stable operational profitability with reasonable gross margins (31.1%) and positive free cash flow generation ($121.2M), but faces headwinds from declining revenue (-2.7% YoY) and weak returns on capital (ROA 2.9%, ROE 7.6%). High leverage (1.01x Debt/Equity) with modest interest coverage (1.9x) limits financial flexibility during downturns.
FULLER H B CO shows a fundamentally mixed profile: it remains profitable, generates positive free cash flow, and maintains adequate near-term liquidity, but revenue is declining and margin structure is only moderate. The main constraint is balance-sheet and coverage risk, with leverage around 1.0x equity and interest coverage of just 1.9x, which limits flexibility if operating conditions weaken.
Fuller H B Co Key Strengths (FUL)
- Consistent free cash flow generation ($121.2M) supports dividend and debt reduction capacity
- Reasonable gross margins (31.1%) indicate pricing power and cost management in adhesives sector
- Solid liquidity position with 1.70x current ratio provides operational flexibility
- EPS growth (+19.6% YoY) driven by share buybacks despite flat net income suggests capital allocation discipline
- Positive operating cash flow and free cash flow generation support ongoing business resilience
- Current ratio of 1.70x and quick ratio of 1.06x indicate acceptable short-term liquidity
- Gross margin of 31.1% suggests a reasonably value-added product mix despite softer sales
FUL Stock Risks: Fuller H B Co Investment Risks
- Revenue decline (-2.7% YoY) indicates weak top-line organic growth and potential market share loss
- Elevated leverage (2.0B long-term debt against 2.0B equity) constrains financial flexibility with tight interest coverage (1.9x)
- Low returns on capital (ROA 2.9%, ROE 7.6%) suggest suboptimal asset utilization and capital efficiency
- High insider Form 4 activity (62 filings) warrants monitoring for potential director/officer concerns
- Revenue declined 2.7% year over year, pointing to weak top-line momentum
- Interest coverage of 1.9x is thin and makes earnings more sensitive to financing costs or cyclical pressure
- Free cash flow margin of 3.5% and net margin of 4.4% leave limited room for operational missteps
Key Metrics to Watch
- Revenue growth trajectory - critical to assess whether -2.7% decline stabilizes or accelerates
- Operating margin sustainability - monitor if 7.4% margin can be maintained amid pricing pressures
- Debt reduction progress - track whether free cash flow is prioritized for deleveraging to improve interest coverage above 2.0x
- Return on invested capital - assess whether reinvestment and acquisitions improve capital efficiency
- Interest coverage and net debt reduction progress
- Organic revenue growth and operating margin trend
Fuller H B Co (FUL) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 3.5% FCF margin may limit capital allocation flexibility.
FUL Profit Margin, ROE & Profitability Analysis
FUL vs Market Sector: How Fuller H B Co Compares
How Fuller H B Co compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Fuller H B Co Stock Overvalued? FUL Valuation Analysis 2026
Based on fundamental analysis, Fuller H B Co shows some fundamental concerns relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Fuller H B Co Balance Sheet: FUL Debt, Cash & Liquidity
FUL Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Fuller H B Co's revenue has shown modest growth of 9% over the 5-year period. The most recent EPS of $2.59 reflects profitable operations.
FUL Revenue Growth, EPS Growth & YoY Performance
FUL Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $770.8M | $13.2M | $0.24 |
| Q3 2025 | $892.0M | $55.4M | $0.98 |
| Q2 2025 | $898.1M | $41.8M | $0.76 |
| Q1 2025 | $788.7M | $13.2M | $0.24 |
| Q3 2024 | $900.6M | $37.6M | $0.67 |
| Q2 2024 | $898.2M | $40.4M | $0.73 |
| Q1 2024 | $809.2M | $21.9M | $0.39 |
| Q3 2023 | $900.6M | $37.6M | $0.67 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Fuller H B Co Dividends, Buybacks & Capital Allocation
FUL SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Fuller H B Co (CIK: 0000039368)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FUL
What is the AI rating for FUL?
Fuller H B Co (FUL) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are FUL's key strengths?
Claude: Consistent free cash flow generation ($121.2M) supports dividend and debt reduction capacity. Reasonable gross margins (31.1%) indicate pricing power and cost management in adhesives sector. ChatGPT: Positive operating cash flow and free cash flow generation support ongoing business resilience. Current ratio of 1.70x and quick ratio of 1.06x indicate acceptable short-term liquidity.
What are the risks of investing in FUL?
Claude: Revenue decline (-2.7% YoY) indicates weak top-line organic growth and potential market share loss. Elevated leverage (2.0B long-term debt against 2.0B equity) constrains financial flexibility with tight interest coverage (1.9x). ChatGPT: Revenue declined 2.7% year over year, pointing to weak top-line momentum. Interest coverage of 1.9x is thin and makes earnings more sensitive to financing costs or cyclical pressure.
What is FUL's revenue and growth?
Fuller H B Co reported revenue of $3.5B.
Does FUL pay dividends?
Fuller H B Co pays dividends, with $50.3M distributed to shareholders in the trailing twelve months.
Where can I find FUL SEC filings?
Official SEC filings for Fuller H B Co (CIK: 0000039368) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FUL's EPS?
Fuller H B Co has a diluted EPS of $2.75.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is FUL's fundamental grade?
Based on our AI fundamental analysis in June 2026, Fuller H B Co has a B grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is FUL stock overvalued or undervalued?
Valuation metrics for FUL: ROE of 7.6% (sector avg: 15%), net margin of 4.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is FUL's AI grade for 2026?
Our dual AI analysis gives Fuller H B Co a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is FUL's free cash flow?
Fuller H B Co's operating cash flow is $263.5M, with capital expenditures of $142.3M. FCF margin is 3.5%.
How does FUL compare to other Market stocks?
Vs Default sector averages: Net margin 4.4% (avg: 12%), ROE 7.6% (avg: 15%), current ratio 1.70 (avg: 1.8).