H.B. Fuller Company
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.47B | $3.57B | $3.51B | $3.75B | $3.28B | $2.79B | $2.90B | $3.04B |
| Cost of Revenue | $2.39B | $2.51B | $2.50B | $2.79B | $2.43B | $2.03B | $2.09B | $2.21B |
| Gross Profit | $1.08B | $1.06B | $1.01B | $963.7M | $845.3M | $756.6M | $806.9M | $828.2M |
| Gross Margin | 31.1% | 29.8% | 28.7% | 25.7% | 25.8% | 27.1% | 27.9% | 27.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $725.6M | $713.7M | $653.8M | $641.0M | $592.7M | $538.3M | $580.9M | $590.3M |
| Operating Income | $348.8M | $348.2M | $355.1M | $322.7M | $252.6M | $218.3M | $226.0M | $237.9M |
| Operating Margin | 10.0% | 9.8% | 10.1% | 8.6% | 7.7% | 7.8% | 7.8% | 7.8% |
| Interest Expense | $133.3M | $133.1M | $134.6M | $91.5M | $78.1M | $86.8M | $103.3M | $111.0M |
| Pretax Income | $215.4M | $182.7M | $234.2M | $251.9M | $216.9M | $158.4M | $172.8M | $156.7M |
| Income Tax Expense | $67.1M | $56.4M | $93.5M | $77.2M | $63.0M | $41.9M | $49.4M | $-6.4M |
| Net Income | $152.0M | $130.3M | $144.9M | $180.3M | $161.4M | $123.7M | $130.8M | $171.2M |
| Net Margin | 4.4% | 3.6% | 4.1% | 4.8% | 4.9% | 4.4% | 4.5% | 5.6% |
| EPS (Basic) | $2.78 | $2.37 | $2.67 | $3.37 | $3.05 | $2.38 | $2.57 | $3.38 |
| EPS (Diluted) | $2.75 | $2.30 | $2.59 | $3.26 | $2.97 | $2.36 | $2.52 | $3.29 |
| Shares Outstanding (Basic) | 54.6M | 54.9M | 54.3M | 53.6M | 52.9M | 52.0M | 50.9M | 50.6M |
| Shares Outstanding (Diluted) | 55.4M | 56.6M | 56.0M | 55.3M | 54.3M | 52.5M | 52.0M | 52.0M |
| Dividends Per Share | $0.93 | $0.86 | $0.81 | $0.74 | $0.67 | $0.65 | $0.64 | $0.62 |