← Back to All US Stocks

Fuller H B Co (FUL) Stock Fundamental Analysis & AI Rating 2026

FUL NYSE Adhesives & Sealants MN CIK: 0000039368
Updated This Month • Analysis: Mar 25, 2026 • SEC Data: 2025-11-29
Combined AI Rating
HOLD
70% Confidence
STRONG AGREEMENT
HOLD
62% Conf
HOLD
77% Conf

📊 FUL Key Takeaways

Revenue: $3.5B
Net Margin: 4.4%
Free Cash Flow: $121.2M
Current Ratio: 1.70x
Debt/Equity: 1.01x
EPS: $2.75
AI Rating: HOLD with 62% confidence
Fuller H B Co (FUL) receives a HOLD rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.5B, net profit margin of 4.4%, and return on equity (ROE) of 7.6%, Fuller H B Co demonstrates mixed fundamentals in the Market sector. Below is our complete FUL stock analysis for 2026.

Is Fuller H B Co (FUL) a Good Investment?

Claude

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.

ChatGPT

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.

Why Buy Fuller H B Co Stock? FUL 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
  • + 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
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
  • + Gross margin of 31.1% suggests a reasonably value-added product mix despite softer sales

FUL Stock Risks: Fuller H B Co Investment Risks

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)
  • ! 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
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
  • ! Free cash flow margin of 3.5% and net margin of 4.4% leave limited room for operational missteps

Key Metrics to Watch

Claude
  • * 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
ChatGPT
  • * Interest coverage and net debt reduction progress
  • * Organic revenue growth and operating margin trend

Fuller H B Co (FUL) Financial Metrics & Key Ratios

Revenue
$3.5B
Net Income
$152.0M
EPS (Diluted)
$2.75
Free Cash Flow
$121.2M
Total Assets
$5.2B
Cash Position
$107.2M

💡 AI Analyst Insight

The relatively thin 3.5% FCF margin may limit capital allocation flexibility.

FUL Profit Margin, ROE & Profitability Analysis

Gross Margin 31.1%
Operating Margin 7.4%
Net Margin 4.4%
ROE 7.6%
ROA 2.9%
FCF Margin 3.5%

FUL vs Market Sector: How Fuller H B Co Compares

How Fuller H B Co compares to Market sector averages

Net Margin
FUL 4.4%
vs
Sector Avg 12.0%
FUL Sector
ROE
FUL 7.6%
vs
Sector Avg 15.0%
FUL Sector
Current Ratio
FUL 1.7x
vs
Sector Avg 1.8x
FUL Sector
Debt/Equity
FUL 1.0x
vs
Sector Avg 0.7x
FUL Sector

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.

Return on Equity
7.6%
Sector avg: 15%
Net Profit Margin
4.4%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.01x
Sector avg: 0.7x

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

Current Ratio
1.70x
Quick Ratio
1.06x
Debt/Equity
1.01x
Debt/Assets
61.3%
Interest Coverage
1.92x
Long-term Debt
$2.0B

FUL Revenue & Earnings Growth: 5-Year Financial Trend

FUL 5-year financial data: Year 2021: Revenue $3.3B, Net Income $130.8M, EPS $2.52. Year 2022: Revenue $3.7B, Net Income $123.7M, EPS $2.36. Year 2023: Revenue $3.7B, Net Income $161.4M, EPS $2.97. Year 2024: Revenue $3.7B, Net Income $180.3M, EPS $3.26. Year 2025: Revenue $3.6B, Net Income $144.9M, EPS $2.59.
Revenue
Net Income
EPS (right axis)

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

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
3.5%
Free cash flow / Revenue

FUL Quarterly Earnings & Performance

Quarterly financial performance data for Fuller H B Co including revenue, net income, and earnings per share.
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

Operating Cash Flow
$263.5M
Cash generated from operations
Stock Buybacks
$60.7M
Shares repurchased (TTM)
Capital Expenditures
$142.3M
Investment in assets
Dividends Paid
$50.3M
Returned to shareholders

FUL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Fuller H B Co (CIK: 0000039368)

📋 Recent SEC Filings

Date Form Document Action
Apr 14, 2026 4 xslF345X06/doc4.xml View →
Apr 14, 2026 4 xslF345X06/doc4.xml View →
Apr 7, 2026 4 xslF345X06/doc4.xml View →
Mar 30, 2026 4 xslF345X06/doc4.xml View →
Mar 30, 2026 4 xslF345X06/doc4.xml View →

Frequently Asked Questions about FUL

What is the AI rating for FUL?

Fuller H B Co (FUL) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) 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 rating reflects both perspectives for balanced insights.

Is FUL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Fuller H B Co has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. 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.

Should I buy FUL stock in 2026?

Our dual AI analysis gives Fuller H B Co a combined HOLD rating 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).

Top Rated Stocks
NSSC 92% MLI 92% MELI 92% MDXG 92% MANH 92% INVA 92% GGG 92% GCT 92% FTNT 92% FSLR 92%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 25, 2026 | Data as of: 2025-11-29 | Powered by Claude AI