H B Fuller Company (FUL) - Net Assets
Based on the latest financial reports, H B Fuller Company (FUL) has net assets worth $2.00 Billion USD as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.18 Billion) and total liabilities ($3.18 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of H B Fuller Company to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.00 Billion |
| % of Total Assets | 38.65% |
| Annual Growth Rate | 7.45% |
| 5-Year Change | 24.33% |
| 10-Year Change | 112.96% |
| Growth Volatility | 27.23 |
H B Fuller Company - Net Assets Trend (1985–2025)
This chart illustrates how H B Fuller Company's net assets have evolved over time, based on quarterly financial data. Also explore H B Fuller Company total assets for the complete picture of this company's asset base.
Annual Net Assets for H B Fuller Company (1985–2025)
The table below shows the annual net assets of H B Fuller Company from 1985 to 2025. For live valuation and market cap data, see H B Fuller Company market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $2.00 Billion | +9.47% |
| 2024-11-30 | $1.83 Billion | +4.21% |
| 2023-11-30 | $1.76 Billion | +9.01% |
| 2022-11-30 | $1.61 Billion | -0.03% |
| 2021-11-30 | $1.61 Billion | +16.60% |
| 2020-11-30 | $1.38 Billion | +13.01% |
| 2019-11-30 | $1.22 Billion | +6.13% |
| 2018-11-30 | $1.15 Billion | -44.82% |
| 2017-11-30 | $2.09 Billion | +121.96% |
| 2016-11-30 | $940.65 Million | -46.45% |
| 2015-11-30 | $1.76 Billion | +96.97% |
| 2014-11-30 | $891.88 Million | -4.15% |
| 2013-11-30 | $930.46 Million | +19.49% |
| 2012-11-30 | $778.70 Million | +9.76% |
| 2011-11-30 | $709.46 Million | +11.83% |
| 2010-11-30 | $634.39 Million | +6.76% |
| 2009-11-30 | $594.24 Million | +10.36% |
| 2008-11-30 | $538.45 Million | -32.87% |
| 2007-11-30 | $802.05 Million | +2.71% |
| 2006-11-30 | $780.85 Million | +29.40% |
| 2005-11-30 | $603.45 Million | +6.08% |
| 2004-11-30 | $568.88 Million | +8.63% |
| 2003-11-30 | $523.69 Million | +13.13% |
| 2002-11-30 | $462.90 Million | +2.05% |
| 2001-11-30 | $453.58 Million | +7.03% |
| 2000-11-30 | $423.79 Million | +7.59% |
| 1999-11-30 | $393.90 Million | +10.15% |
| 1998-11-30 | $357.60 Million | +0.76% |
| 1997-11-30 | $354.90 Million | +5.16% |
| 1996-11-30 | $337.50 Million | +10.62% |
| 1995-11-30 | $305.10 Million | +8.58% |
| 1994-11-30 | $281.00 Million | +10.37% |
| 1993-11-30 | $254.60 Million | -2.34% |
| 1992-11-30 | $260.70 Million | +16.02% |
| 1991-11-30 | $224.70 Million | +10.69% |
| 1990-11-30 | $203.00 Million | +5.67% |
| 1989-11-30 | $192.10 Million | +7.38% |
| 1988-11-30 | $178.90 Million | +10.84% |
| 1987-11-30 | $161.40 Million | +19.11% |
| 1986-11-30 | $135.50 Million | +19.81% |
| 1985-11-30 | $113.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to H B Fuller Company's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1938.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.03 Billion | 101.14% |
| Common Stock | $54.17 Million | 2.70% |
| Other Comprehensive Income | $-375.05 Million | -18.72% |
| Other Components | $298.02 Million | 14.88% |
| Total Equity | $2.00 Billion | 100.00% |
H B Fuller Company Competitors by Market Cap
The table below lists competitors of H B Fuller Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangzhou Zhujiang Brewery Co Ltd
SHE:002461
|
$3.33 Billion |
|
Beijing Capital Co Ltd
SHG:600008
|
$3.33 Billion |
|
Fujian Sunner Development Co Ltd
SHE:002299
|
$3.33 Billion |
|
Novoray Corporation
SHG:688300
|
$3.33 Billion |
|
Huber+suhner AG
SW:HUBN
|
$3.33 Billion |
|
Gibson Energy Inc.
TO:GEI
|
$3.32 Billion |
|
Shihlin Electric & Engineering Corp
TW:1503
|
$3.32 Billion |
|
Hong Ri Da Technology Co. Ltd. A
SHE:301285
|
$3.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in H B Fuller Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,828,659,000 to 2,003,218,000, a change of 174,559,000 (9.5%).
- Net income of 151,967,000 contributed positively to equity growth.
- Dividend payments of 50,271,000 reduced retained earnings.
- Share repurchases of 60,713,000 reduced equity.
- Other comprehensive income increased equity by 98,350,000.
- Other factors increased equity by 35,226,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $151.97 Million | +7.59% |
| Dividends Paid | $50.27 Million | -2.51% |
| Share Repurchases | $60.71 Million | -3.03% |
| Other Comprehensive Income | $98.35 Million | +4.91% |
| Other Changes | $35.23 Million | +1.76% |
| Total Change | $- | 9.55% |
Book Value vs Market Value Analysis
This analysis compares H B Fuller Company's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 30.01x to 1.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-11-30 | $2.04 | $61.25 | x |
| 1986-11-30 | $2.38 | $61.25 | x |
| 1987-11-30 | $2.80 | $61.25 | x |
| 1988-11-30 | $3.12 | $61.25 | x |
| 1989-11-30 | $3.24 | $61.25 | x |
| 1990-11-30 | $3.57 | $61.25 | x |
| 1991-11-30 | $3.95 | $61.25 | x |
| 1992-11-30 | $4.57 | $61.25 | x |
| 1993-11-30 | $4.43 | $61.25 | x |
| 1994-11-30 | $4.89 | $61.25 | x |
| 1995-11-30 | $5.31 | $61.25 | x |
| 1996-11-30 | $5.93 | $61.25 | x |
| 1997-11-30 | $6.02 | $61.25 | x |
| 1998-11-30 | $6.17 | $61.25 | x |
| 1999-11-30 | $6.73 | $61.25 | x |
| 2000-11-30 | $7.17 | $61.25 | x |
| 2001-11-30 | $7.66 | $61.25 | x |
| 2002-11-30 | $7.00 | $61.25 | x |
| 2003-11-30 | $8.31 | $61.25 | x |
| 2004-11-30 | $9.57 | $61.25 | x |
| 2005-11-30 | $9.99 | $61.25 | x |
| 2006-11-30 | $12.95 | $61.25 | x |
| 2007-11-30 | $13.10 | $61.25 | x |
| 2008-11-30 | $10.33 | $61.25 | x |
| 2009-11-30 | $12.04 | $61.25 | x |
| 2010-11-30 | $12.74 | $61.25 | x |
| 2011-11-30 | $14.14 | $61.25 | x |
| 2012-11-30 | $15.38 | $61.25 | x |
| 2013-11-30 | $18.19 | $61.25 | x |
| 2014-11-30 | $17.37 | $61.25 | x |
| 2015-11-30 | $16.99 | $61.25 | x |
| 2016-11-30 | $18.29 | $61.25 | x |
| 2017-11-30 | $20.22 | $61.25 | x |
| 2018-11-30 | $22.16 | $61.25 | x |
| 2019-11-30 | $23.51 | $61.25 | x |
| 2020-11-30 | $26.30 | $61.25 | x |
| 2021-11-30 | $29.65 | $61.25 | x |
| 2022-11-30 | $29.13 | $61.25 | x |
| 2023-11-30 | $31.37 | $61.25 | x |
| 2024-11-30 | $32.29 | $61.25 | x |
| 2025-11-30 | $36.19 | $61.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently H B Fuller Company utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.37%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.59x
- Recent ROE (7.59%) is below the historical average (10.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 11.76% | 2.90% | 1.81x | 2.24x | $1.99 Million |
| 1986 | 13.95% | 3.58% | 1.81x | 2.15x | $5.35 Million |
| 1987 | 15.99% | 4.32% | 1.81x | 2.04x | $9.66 Million |
| 1988 | 11.79% | 3.08% | 1.58x | 2.43x | $3.21 Million |
| 1989 | 8.42% | 2.08% | 1.66x | 2.44x | $-2.95 Million |
| 1990 | 10.70% | 2.66% | 1.62x | 2.48x | $1.38 Million |
| 1991 | 12.65% | 3.25% | 1.68x | 2.32x | $5.80 Million |
| 1992 | 13.96% | 3.81% | 1.66x | 2.20x | $10.10 Million |
| 1993 | 4.01% | 1.03% | 1.73x | 2.26x | $-14.94 Million |
| 1994 | 11.24% | 2.82% | 1.48x | 2.70x | $3.42 Million |
| 1995 | 9.59% | 2.31% | 1.50x | 2.77x | $-1.24 Million |
| 1996 | 13.56% | 3.56% | 1.47x | 2.60x | $11.93 Million |
| 1997 | 10.88% | 2.82% | 1.42x | 2.71x | $2.99 Million |
| 1998 | 4.69% | 1.19% | 1.29x | 3.06x | $-18.14 Million |
| 1999 | 11.53% | 3.18% | 1.33x | 2.72x | $5.76 Million |
| 2000 | 12.15% | 3.63% | 1.34x | 2.50x | $8.69 Million |
| 2001 | 10.24% | 3.49% | 1.32x | 2.23x | $1.04 Million |
| 2002 | 6.28% | 2.24% | 1.31x | 2.14x | $-16.66 Million |
| 2003 | 7.58% | 3.00% | 1.28x | 1.98x | $-12.31 Million |
| 2004 | 6.44% | 2.53% | 1.24x | 2.05x | $-19.70 Million |
| 2005 | 10.54% | 4.07% | 1.37x | 1.90x | $3.13 Million |
| 2006 | 17.26% | 9.12% | 1.00x | 1.90x | $56.43 Million |
| 2007 | 12.79% | 7.30% | 1.03x | 1.71x | $22.27 Million |
| 2008 | 3.53% | 1.36% | 1.29x | 2.02x | $-34.67 Million |
| 2009 | 14.15% | 6.78% | 1.12x | 1.86x | $24.52 Million |
| 2010 | 11.22% | 5.23% | 1.18x | 1.83x | $7.68 Million |
| 2011 | 12.64% | 5.72% | 1.27x | 1.74x | $18.58 Million |
| 2012 | 16.14% | 6.66% | 1.06x | 2.30x | $47.79 Million |
| 2013 | 10.40% | 4.73% | 1.09x | 2.01x | $3.75 Million |
| 2014 | 5.60% | 2.37% | 1.13x | 2.10x | $-39.15 Million |
| 2015 | 9.93% | 4.16% | 0.71x | 3.35x | $-612.00K |
| 2016 | 13.24% | 5.93% | 1.02x | 2.19x | $30.34 Million |
| 2017 | 5.58% | 2.53% | 0.43x | 5.18x | $-46.12 Million |
| 2018 | 14.86% | 5.63% | 0.73x | 3.63x | $56.03 Million |
| 2019 | 10.70% | 4.52% | 0.73x | 3.26x | $8.58 Million |
| 2020 | 8.96% | 4.43% | 0.69x | 2.92x | $-14.41 Million |
| 2021 | 10.02% | 4.92% | 0.77x | 2.65x | $330.40K |
| 2022 | 11.20% | 4.81% | 0.84x | 2.77x | $19.30 Million |
| 2023 | 8.26% | 4.13% | 0.74x | 2.69x | $-30.61 Million |
| 2024 | 7.12% | 3.65% | 0.72x | 2.70x | $-52.61 Million |
| 2025 | 7.59% | 4.37% | 0.67x | 2.59x | $-48.35 Million |
Industry Comparison
This section compares H B Fuller Company's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,809,413,912
- Average return on equity (ROE) among peers: -22.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| H B Fuller Company (FUL) | $2.00 Billion | 11.76% | 1.59x | $3.33 Billion |
| Albemarle Corp (ALB) | $4.47 Billion | 8.41% | 1.34x | $19.80 Billion |
| Alto Ingredients Inc (ALTO) | $119.26 Million | 2.58% | 0.95x | $212.84 Million |
| Aemetis Inc (AMTX) | $4.99 Million | -317.11% | 3.71x | $154.69 Million |
| Air Products and Chemicals Inc (APD) | $7.20 Billion | 13.81% | 1.48x | $62.29 Billion |
| Ashland Global Holdings Inc (ASH) | $2.17 Billion | 5.38% | 2.09x | $2.52 Billion |
| Avient Corp (AVNT) | $1.79 Billion | 12.89% | 1.79x | $3.16 Billion |
| Axalta Coating Systems Ltd (AXTA) | $1.96 Billion | 19.99% | 2.71x | $6.08 Billion |
| Balchem Corporation (BCPC) | $331.36 Million | 13.54% | 0.14x | $5.16 Billion |
| BioNexus Gene Lab Corp Common stock (BGLC) | $7.18 Million | 10.47% | 0.33x | $4.87 Million |
| Bon Natural Life Ltd (BON) | $44.35 Million | 0.90% | 0.39x | $7.30 Million |
About H B Fuller Company
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 … Read more