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H.B. Fuller Co (H.B. Fuller Co) Gross Profit : $1,033 Mil (TTM As of Feb. 2024)


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What is H.B. Fuller Co Gross Profit?

H.B. Fuller Co's gross profit for the three months ended in Feb. 2024 was $239 Mil. H.B. Fuller Co's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was $1,033 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. H.B. Fuller Co's gross profit for the three months ended in Feb. 2024 was $239 Mil. H.B. Fuller Co's Revenue for the three months ended in Feb. 2024 was $810 Mil. Therefore, H.B. Fuller Co's Gross Margin % for the quarter that ended in Feb. 2024 was 29.52%.

H.B. Fuller Co had a gross margin of 29.52% for the quarter that ended in Feb. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of H.B. Fuller Co was 29.42%. The lowest was 25.34%. And the median was 27.18%.


H.B. Fuller Co Gross Profit Historical Data

The historical data trend for H.B. Fuller Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

H.B. Fuller Co Gross Profit Chart

H.B. Fuller Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 806.92 756.65 845.32 963.70 1,008.90

H.B. Fuller Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 214.81 256.78 263.47 273.84 239.24

Competitive Comparison of H.B. Fuller Co's Gross Profit

For the Specialty Chemicals subindustry, H.B. Fuller Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


H.B. Fuller Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.B. Fuller Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where H.B. Fuller Co's Gross Profit falls into.



H.B. Fuller Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

H.B. Fuller Co's Gross Profit for the fiscal year that ended in Nov. 2023 is calculated as

Gross Profit (A: Nov. 2023 )=Revenue - Cost of Goods Sold
=3510.934 - 2502.037
=1,009

H.B. Fuller Co's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=810.419 - 571.182
=239

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,033 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

H.B. Fuller Co's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=239 / 810.419
=29.52 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


H.B. Fuller Co  (NYSE:FUL) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

H.B. Fuller Co had a gross margin of 29.52% for the quarter that ended in Feb. 2024 => Competition eroding margins


H.B. Fuller Co Gross Profit Related Terms

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H.B. Fuller Co (H.B. Fuller Co) Business Description

Traded in Other Exchanges
Address
1200 Willow Lake Boulevard, P.O. Box 64683, Saint Paul, MN, USA, 55110-5101
H.B. Fuller Co manufactures and sells adhesives, sealants, and other chemical-based products. The company organizes itself into three business units: constructions, engineering, and hygiene, health and consumable adhesives. It generates the most revenue from hygiene, health and consumable adhesives. This business manufactures and supplies adhesives products in the assembly, packaging, converting, nonwoven and hygiene, health and beauty, flexible packaging, graphic arts, and envelope markets. The company generates around half of its revenue in the United States, with the remainder spread across 35 countries. The company has put an emphasis on environmentally friendly products, aligning with a trend of environmental, social, and governance investing.
Executives
Gregory O. Ogunsanya officer: Sr. VP, GC and Corp Secretary 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Traci L Jensen officer: VP, Americas Adhesives 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Robert J Martsching officer: VP, Corporate Controller 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Timothy J Keenan officer: Gen'l Counsel, Corp Secretary 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Heather Campe officer: VP, Asia Pacific 1200 WILLOW LAKE BLVD, P.O. BOX 64683, ST. PAUL MN 55110
Charles T Lauber director A. O. SMITH CORPORATION, 500 TENNESSEE WALTZ PARKWAY, ASHLAND CITY TN 37015
James J. East officer: Senior Vice President, HHC 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
James Owens officer: Senior VP, North America 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Zhiwei Cai officer: Sr.VP. Engineering Adhesives 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Nathan D. Weaver officer: VP, Human Resources 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Srilata Zaheer director 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Celeste Beeks Mastin officer: Executive VP and COO 21 ERIE STREET, CAMBRIDGE MA 02139
Michael J Happe director P.O. BOX 152, FOREST CITY IA 50436
Rasmussen Trangsrud Teresa J director 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Van Sant R William director PO BOX 1441, MINNEAPOLIS MN 55440-1441