FULLER H B CO (FUL) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does FULLER H B CO Do?
H.B. Fuller Company, together with its subsidiaries, formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products worldwide. The company operates through three segments: Hygiene, Health and Consumable Adhesives; Engineering Adhesives; and Construction Adhesives. The Hygiene, Health and Consumable Adhesives segment produces and supplies specialty industrial adhesives such as, thermoplastic, thermoset, reactive, and water-based and solvent-based products for applications in various markets, including food and beverage containers, flexible packaging, consumer goods, package integrity and re-enforcement, and non-durable goods; corrugation, folding carton, tape and label, paper converting, envelopes, books, multi-wall bags, sacks, and tissue and towel; disposable diapers, feminine care, and medical garments; and health and beauty. The Engineering Adhesives segment produces and supplies high performance industrial adhesives such as reactive, light cure, two-part liquids, silicone, polyurethane, film, and fast cure products to the appliances and filters, windows, doors and wood flooring, and textile, transportation, electronics, medical, clean energy, aerospace and defense, appliance, heavy machinery, and insulating glass markets. The Construction Adhesives segment provides products used for tile setting, commercial roofing, heating, ventilation, and air conditioning and insulation applications, as well as caulks and sealants for the consumer market and professional trade. The company sells its products directly through distributors and retailers. H.B. Fuller Company was founded in 1887 and is headquartered in Saint Paul, Minnesota. FULLER H B CO (FUL) is classified as a mid-cap stock in the Materials sector, specifically within the Chemicals industry. The company is led by CEO James J. Owens and employs approximately 7,000 people, headquartered in St. Paul, Minnesota. With a market capitalization of $3.4B, FUL is one of the notable companies in the Materials sector.
FULLER H B CO (FUL) Stock Rating — Reduce (April 2026)
As of April 2026, FULLER H B CO receives a Reduce rating with a composite score of 32.4/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.FUL ranks #3,467 out of 4,446 stocks in our coverage universe. Within the Materials sector, FULLER H B CO ranks #248 of 284 stocks, placing it in the lower half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
FUL Stock Price and 52-Week Range
FULLER H B CO (FUL) currently trades at $63.73. The stock gained $0.05 (0.1%) in the most recent trading session. The 52-week high for FUL is $68.63, which means the stock is currently trading -7.1% from its annual peak. The 52-week low is $47.56, putting the stock 34.0% above its annual trough. Recent trading volume was 394K shares, suggesting relatively thin trading activity.
Is FUL Overvalued or Undervalued? — Valuation Analysis
FULLER H B CO (FUL) carries a value factor score of 43/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 21.96x, compared to the Materials sector average of 26.50x — a discount of 17%. The price-to-book ratio stands at 1.52x, versus the sector average of 2.83x. The price-to-sales ratio is 0.94x, compared to 0.74x for the average Materials stock. On an enterprise value basis, FUL trades at 9.53x EV/EBITDA, versus 6.01x for the sector.
Overall, FUL's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
FULLER H B CO Profitability — ROE, Margins, and Quality Score
FULLER H B CO (FUL) earns a quality factor score of 10/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 6.9%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 2.8% versus the sector average of 0.6%.
On a margin basis, FULLER H B CO reports gross margins of 30.8%, compared to 29.8% for the sector. The operating margin is 8.2% (sector: 6.0%). Net profit margin stands at 4.2%, versus 3.0% for the average Materials stock. Revenue growth is running at -16.0% on a trailing basis, compared to 1.8% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
FUL Debt, Balance Sheet, and Financial Health
FULLER H B CO has a debt-to-equity ratio of 153.0%, compared to the Materials sector average of 41.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.92x, suggesting adequate working capital coverage. Total debt on the balance sheet is $2.02B. Cash and equivalents stand at $107M.
FUL has a beta of 1.03, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for FULLER H B CO is 63/100, reflecting average volatility within the normal range for its sector.
FULLER H B CO Revenue and Earnings History — Quarterly Trend
In TTM 2026, FULLER H B CO reported revenue of $3.35B and earnings per share (EPS) of $0.38. Net income for the quarter was $143M. Gross margin was 30.8%. Operating income came in at $284M.
In Q1 2026, FULLER H B CO reported revenue of $771M and earnings per share (EPS) of $0.38. Net income for the quarter was $21M. Gross margin was 30.6%. Revenue grew -2.3% year-over-year compared to Q1 2025. Operating income came in at $28M.
In FY 2025, FULLER H B CO reported revenue of $3.47B and earnings per share (EPS) of $2.78. Net income for the quarter was $152M. Gross margin was 31.1%. Revenue grew -2.7% year-over-year compared to FY 2024. Operating income came in at $621M.
In Q3 2025, FULLER H B CO reported revenue of $892M and earnings per share (EPS) of $1.23. Net income for the quarter was $67M. Gross margin was 32.0%. Revenue grew -2.8% year-over-year compared to Q3 2024. Operating income came in at $110M.
Over the past 8 quarters, FULLER H B CO has demonstrated a growth trajectory, with revenue expanding from $918M to $3.35B. Investors analyzing FUL stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
FUL Dividend Yield and Income Analysis
FULLER H B CO (FUL) currently pays a dividend yield of 1.5%. At this yield, a $10,000 investment in FUL stock would generate approximately $$150.00 in annual dividend income. This compares to the Materials sector average dividend yield of 0.5%, meaning FUL offers above-average income for its sector.
FUL Momentum and Technical Analysis Profile
FULLER H B CO (FUL) has a momentum factor score of 48/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 9/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
FUL vs Competitors — Materials Sector Ranking and Peer Comparison
Within the Materials sector, FULLER H B CO (FUL) ranks #248 out of 284 stocks based on the Blank Capital composite score. This places FUL in the lower half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.
Comparing FUL against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full FUL vs S&P 500 (SPY) comparison to assess how FULLER H B CO stacks up against the broader market across all factor dimensions.
FUL Next Earnings Date
No upcoming earnings date has been announced for FULLER H B CO (FUL) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy FUL? — Investment Thesis Summary
The quantitative profile for FULLER H B CO suggests caution. The quality score of 10/100 flags below-average profitability. Low volatility (stability score 63/100) reduces downside risk.
In summary, FULLER H B CO (FUL) earns a Reduce rating with a composite score of 32.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on FUL stock.
Related Resources for FUL Investors
Explore more research and tools: FUL vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare FUL head-to-head with peers: FUL vs CF, FUL vs NTR, FUL vs UAN.