NYSE$FUL
H.B. Fuller Company · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
H.B. Fuller reported a decrease in net income due to the Flooring divestiture, but made progress in fiscal year 2024 by expanding adjusted EBITDA margin and enhancing portfolio through strategic acquisitions.
H.B. Fuller's Q4 2024 net revenue increased by 2.3% to $923 million, but organic revenue declined by 0.2%. Net loss was $7 million, including a $38 million unfavorable impact from the Flooring divestiture. Adjusted EBITDA was $148 million, down 14% year-on-year, and adjusted EPS was $0.92.
- Net revenue increased by 2.3% year-on-year, with organic sales down 0.2%.
- Gross margin was 28.7%; adjusted gross margin of 29.6% decreased year-on-year.
- Net loss was $7 million, including an unfavorable $38 million impact from the Flooring divestiture; adjusted EBITDA was $148 million, down 14% year-on-year.
- Adjusted EPS was $0.92, down versus the prior year, driven by lower operating income.
Headline financials
Revenue & EPS history
H.B. Fuller · Revenue · Quarterly
$923M
Forward guidance
For fiscal year 2025, H.B. Fuller expects net revenue growth to be down 2% to 4%, or up 1% to 2% adjusting for the divestiture of the Flooring business. Organic revenue growth is expected to be flat to up 2%. Adjusted EBITDA is expected to be in the range of $600 million to $625 million, and adjusted EPS is expected to be in the range of $3.90 to $4.20.
Tailwinds
- Net revenue growth expected to be up 1% to 2% adjusting for divestiture.
- Organic revenue growth is expected to be flat to up 2%.
- Adjusted EBITDA expected between $600 million and $625 million.
- Adjusted EPS expected between $3.90 and $4.20.
- Operating cash flow expected between $300 million and $325 million.
Headwinds
- Net revenue growth for fiscal 2025 is expected to be down 2% to 4%.
- Adjusted EBITDA for the first quarter of 2025 is expected to be in the range of $105 million to $115 million.
- The core tax rate is anticipated to be between 26% and 27% in fiscal year 2025.
- Net interest expense for fiscal 2025 is expected to be between $120 million and $125 million.
- Capital expenditures of approximately $160 million are expected in fiscal 2025.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2024
-0.0%
Avg return
Earnings day
-0.5%
Avg return
5 days after
+2.0%
Avg return
30 days after
49%
33 / 68 earnings
Positive
+10.6%
Q2 2023
Best reaction
-14.0%
Q3 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | -0.6% | -5.5% | — | |
| Q4 2025 | -1.9% | -10.5% | +4.3% | |
| Q3 2025 | -3.9% | +0.0% | +3.7% | |
| Q2 2025 | -0.6% | -1.7% | -2.9% | |
| Q1 2025 | +6.1% | +5.3% | +0.5% | |
| Q4 2024 | -3.2% | -2.8% | -5.1% | |
| Q3 2024 | -0.7% | -2.7% | -7.2% | |
| Q2 2024 | +0.9% | +0.4% | +11.7% | |
| Q1 2024 | -4.4% | -4.5% | -10.1% | |
| Q4 2023 | +0.0% | +1.4% | +0.7% | |
| Q3 2023 | +6.6% | +1.7% | -3.5% | |
| Q2 2023 | +10.6% | +10.8% | +12.9% | |
| Q1 2023 | +0.1% | -4.0% | -3.2% | |
| Q4 2022 | -5.3% | -6.0% | -1.5% | |
| Q3 2022 | +1.8% | -0.1% | +8.8% | |
| Q2 2022 | +0.7% | -1.5% | +1.6% | |
| Q1 2022 | -0.8% | +2.4% | +2.8% | |
| Q4 2021 | -4.6% | -5.2% | -7.2% | |
| Q3 2021 | +8.8% | +9.3% | +15.4% | |
| Q2 2021 | -2.8% | -3.8% | -4.2% | |
| Q1 2021 | +8.4% | +8.5% | +15.8% | |
| Q4 2020 | +2.2% | +0.3% | +11.9% | |
| Q3 2020 | -0.9% | -0.6% | +7.5% | |
| Q2 2020 | +3.5% | +8.6% | +9.2% | |
| Q1 2020 | -2.9% | +1.3% | +18.9% | |
| Q4 2019 | -1.6% | -1.2% | -3.4% | |
| Q3 2019 | -0.3% | -0.6% | +4.0% | |
| Q2 2019 | +2.4% | +3.7% | +9.9% | |
| Q1 2019 | +3.5% | +5.1% | +3.9% | |
| Q4 2018 | +4.7% | +5.3% | +13.6% | |
| Q3 2018 | -7.6% | -8.0% | -26.1% | |
| Q2 2018 | -2.3% | -1.8% | +2.7% | |
| Q1 2018 | +2.5% | -1.7% | +4.1% | |
| Q4 2017 | -3.6% | -2.5% | -6.5% | |
| Q3 2017 | +4.4% | +5.1% | +3.2% | |
| Q2 2017 | -1.8% | -0.8% | -0.9% | |
| Q1 2017 | +0.9% | -4.0% | +0.6% | |
| Q4 2016 | -3.9% | -4.9% | -1.0% | |
| Q3 2016 | -7.0% | -4.5% | -7.8% | |
| Q2 2016 | -0.8% | -11.2% | -0.5% | |
| Q1 2016 | -0.7% | — | — | |
| Q4 2015 | +3.9% | — | — | |
| Q3 2015 | -3.0% | — | — | |
| Q2 2015 | -1.3% | — | — | |
| Q1 2015 | +1.9% | — | — | |
| Q4 2014 | -2.5% | — | — | |
| Q3 2014 | -14.0% | — | — | |
| Q2 2014 | -5.3% | — | — | |
| Q1 2014 | +3.1% | — | — | |
| Q4 2013 | -3.6% | — | — | |
| Q3 2013 | +6.6% | — | — | |
| Q2 2013 | +1.9% | — | — | |
| Q1 2013 | -2.3% | — | — | |
| Q4 2012 | +6.2% | — | — | |
| Q3 2012 | -9.0% | — | — | |
| Q2 2012 | -1.5% | — | — | |
| Q1 2012 | +0.5% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q3 2011 | +5.0% | — | — | |
| Q2 2011 | +2.0% | — | — | |
| Q4 2010 | +0.8% | — | — | |
| Q1 2010 | +0.8% | — | — | |
| Q1 2011 | +1.4% | — | — | |
| Q4 2008 | -1.4% | — | — | |
| Q2 2010 | -1.4% | — | — | |
| Q3 2010 | +1.0% | — | — | |
| Q3 2009 | +1.0% | — | — | |
| Q4 2009 | +1.0% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro