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H.B. Fuller Co (H.B. Fuller Co) EBIT : $375 Mil (TTM As of Feb. 2024)


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What is H.B. Fuller Co EBIT?

H.B. Fuller Co's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2024 was $70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2024 was $375 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. H.B. Fuller Co's annualized ROC % for the quarter that ended in Feb. 2024 was 5.37%. H.B. Fuller Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 21.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. H.B. Fuller Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 6.57%.


H.B. Fuller Co EBIT Historical Data

The historical data trend for H.B. Fuller Co's EBIT 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 EBIT Chart

H.B. Fuller Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 276.12 245.13 294.94 343.45 368.76

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
EBIT 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 63.54 91.69 94.00 119.54 69.68

Competitive Comparison of H.B. Fuller Co's EBIT

For the Specialty Chemicals subindustry, H.B. Fuller Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.B. Fuller Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where H.B. Fuller Co's EV-to-EBIT falls into.



H.B. Fuller Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT 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 $375 Mil.

* 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.


H.B. Fuller Co  (NYSE:FUL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

H.B. Fuller Co's annualized ROC % for the quarter that ended in Feb. 2024 is calculated as:

ROC % (Q: Feb. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2023 ) + Invested Capital (Q: Feb. 2024 ))/ count )
=267.5 * ( 1 - 20.68% )/( (3976.293 + 3928.207)/ 2 )
=212.181/3952.25
=5.37 %

where

Invested Capital(Q: Nov. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4723.575 - 567.829 - ( 179.453 - max(0, 692.811 - 1312.103+179.453))
=3976.293

Invested Capital(Q: Feb. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4681.973 - 588.517 - ( 165.249 - max(0, 653.177 - 1296.848+165.249))
=3928.207

Note: The Operating Income data used here is four times the quarterly (Feb. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

H.B. Fuller Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=278.732/( ( (872.088 + max(428.381, 0)) + (822.899 + max(479.966, 0)) )/ 2 )
=278.732/( ( 1300.469 + 1302.865 )/ 2 )
=278.732/1301.667
=21.41 %

where Working Capital is:

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(577.932 + 442.04 + 71.918) - (567.829 + 0 + 95.68)
=428.381

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(525.689 + 490.179 + 115.731) - (588.517 + 0 + 63.116)
=479.966

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

H.B. Fuller Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2024 )
=374.909/5710.327
=6.57 %

* 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.


H.B. Fuller Co EBIT 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

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