H B Fuller Company (FUL) — Tangible Net Worth Ratio

Latest as of February 2026: 61.7%

H B Fuller Company (FUL) has a Tangible Net Worth Ratio of 61.7% as of February 2026. This metric is calculated by deducting intangible assets ($791.10 Million) from net assets ($2.07 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of H B Fuller Company to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

61.7%
Tangible equity / total equity

Net Assets (Equity)

$2.07 Billion
USD

Intangible Assets

$791.10 Million
Goodwill, patents, brand value

Total Assets

$5.22 Billion
USD

H B Fuller Company Tangible Net Worth Ratio (1985–2025)

This chart shows how H B Fuller Company's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of February 2026, the ratio stands at 61.7%, reflecting net assets of $2.07 Billion with intangible assets of $791.10 Million USD. For live market cap and overall valuation, see FUL company net worth.

Annual Tangible Net Worth Ratio for H B Fuller Company (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for H B Fuller Company from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore FUL capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 59.8% $2.00 Billion $805.87 Million $5.18 Billion ▲ +1.9 pp
2024 57.9% $1.83 Billion $770.23 Million $4.93 Billion ▼ -0.6 pp
2023 58.5% $1.76 Billion $729.14 Million $4.72 Billion ▲ +2.1 pp
2022 56.4% $1.61 Billion $702.09 Million $4.46 Billion ▼ -0.9 pp
2021 57.4% $1.61 Billion $687.08 Million $4.27 Billion ▲ +12.1 pp
2020 45.3% $1.38 Billion $755.97 Million $4.04 Billion ▲ +10.7 pp
2019 34.6% $1.22 Billion $799.40 Million $3.99 Billion ▲ +13.4 pp
2018 21.2% $1.15 Billion $908.15 Million $4.18 Billion ▼ -30.8 pp
2017 52.0% $2.09 Billion $1.00 Billion $5.41 Billion ▼ -26.2 pp
2016 78.2% $940.65 Million $205.36 Million $2.06 Billion ▼ -9.7 pp
2015 87.9% $1.76 Billion $212.99 Million $2.93 Billion ▲ +9.8 pp
2014 78.0% $891.88 Million $195.94 Million $1.87 Billion ▲ +1.6 pp
2013 76.4% $930.46 Million $219.40 Million $1.87 Billion ▲ +6.4 pp
2012 70.0% $778.70 Million $233.35 Million $1.79 Billion ▼ -12.1 pp
2011 82.1% $709.46 Million $126.71 Million $1.23 Billion ▲ +2.9 pp
2010 79.3% $634.39 Million $131.52 Million $1.15 Billion ▲ +3.0 pp
2009 76.2% $594.24 Million $141.20 Million $1.10 Billion ▲ +3.7 pp
2008 72.6% $538.45 Million $147.78 Million $1.08 Billion ▼ -7.6 pp
2007 80.1% $802.05 Million $159.46 Million $1.36 Billion ▲ +2.2 pp
2006 77.9% $780.85 Million $172.36 Million $1.48 Billion ▼ -19.2 pp
2005 97.1% $603.45 Million $17.24 Million $1.11 Billion ▲ +0.9 pp
2004 96.3% $568.88 Million $21.09 Million $1.14 Billion ▲ +14.7 pp
2003 81.6% $523.69 Million $96.33 Million $1.01 Billion ▲ +1.3 pp
2002 80.3% $462.90 Million $91.14 Million $961.44 Million ▼ -1.2 pp
2001 81.5% $453.58 Million $83.75 Million $966.17 Million ▲ +3.2 pp
2000 78.4% $423.79 Million $91.70 Million $1.01 Billion ▲ +3.4 pp
1999 74.9% $393.90 Million $98.70 Million $1.03 Billion ▲ +3.8 pp
1998 71.2% $357.60 Million $103.10 Million $1.05 Billion ▼ -15.4 pp
1997 86.6% $354.90 Million $47.70 Million $917.60 Million ▲ +1.8 pp
1996 84.8% $337.50 Million $51.40 Million $869.30 Million ▲ +2.8 pp
1995 81.9% $305.10 Million $55.10 Million $828.90 Million ▲ +2.8 pp
1994 79.2% $281.00 Million $58.50 Million $742.60 Million ▼ -12.7 pp
1993 91.9% $254.60 Million $20.60 Million $564.50 Million ▼ -1.0 pp
1992 92.9% $260.70 Million $18.50 Million $561.20 Million ▲ +4.0 pp
1991 88.9% $224.70 Million $24.90 Million $508.90 Million ▲ +3.7 pp
1990 85.2% $203.00 Million $30.00 Million $489.60 Million ▼ -0.7 pp
1989 85.9% $192.10 Million $27.10 Million $455.20 Million ▼ -10.6 pp
1988 96.5% $178.90 Million $6.30 Million $434.30 Million ▼ -2.0 pp
1987 98.5% $161.40 Million $2.50 Million $329.60 Million ▼ -0.3 pp
1986 98.7% $135.50 Million $1.70 Million $291.20 Million ▼ -0.1 pp
1985 98.9% $113.10 Million $1.30 Million $253.60 Million
pp = percentage points