FULLER H B CO (FUL)

NYSE · Adhesives & Sealants

Corporate structure

121 entities across 48 jurisdictions, 7 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-01-22 — see the exhibit.

Subsidiaries of FULLER H B CO as disclosed in its SEC filing
Entity	Jurisdiction	Note
ADCO Europe Holding GmbH	Germany
ADCO Global, Inc.	Delaware
ADCO Products, LLC	Delaware
Apollo Chemicals Limited 2	United Kingdom
Asfaltos Y Pegamentos S. de R.L. de C.V.	Mexico
Bacon Acquisitions, LLC	Oklahoma
Beardow Adams Holdings Ltd	United Kingdom
BeardowAdams, Inc.	North Carolina
Chemical Supply Corporation, S.A.	Panama	offshore centre
Chongqing ZKLT Polymer Materials Co., Ltd.	China
Chongqing ZKLT Polymer Materials Co., Ltd. (Beijing Branch)	China
Cyberbond CS s.r.o. Cyberbond Group	Czech Republic
Cyberbond Europe GmbH	Germany
Datac Adhesives Limited	United Kingdom
Engent, Inc.	Georgia
Eternabond, LLC	Delaware
Gabaldo Holdings Ltd 2	Cyprus	offshore centre
GEM s.r.l.	Italy
H.B. Fuller (Barbados) I SRL	Barbados	offshore centre
H.B. Fuller (China) Adhesives Ltd.	China
H.B. Fuller (Guangzhou) Adhesives Co., Ltd.	China
H.B. Fuller (Nanjing) Chemical Co., Ltd.	China
H.B. Fuller (New Zealand) Limited	New Zealand
H.B. Fuller (Philippines), Inc.	Philippines
H.B. Fuller (Shanghai) Co. Ltd.	China
H.B. Fuller (Suzhou) Advanced Material Co., Ltd.	China
H.B. Fuller (Thailand) Co., Ltd.	Thailand
H.B. Fuller (Vietnam) Company Limited	Vietnam
H.B. Fuller (YanTai) Advanced Materials Co., Ltd.	China
H.B. Fuller (Yantai) Chemical Co., Ltd.	China
H.B. Fuller Adhesive Systems LLC	Oklahoma
H.B. Fuller Adhesives France SAS	France
H.B. Fuller Adhesives Italia S.r.L.	Italy
H.B. Fuller Adhesives Malaysia Sdn. Bhd.	Malaysia
H.B. Fuller Adhesives Mauritius Ltd.	Mauritius	offshore centre
H.B. Fuller Adhesives S.A.E.	Egypt
H.B. Fuller Argentina, S.A.I.C.	Argentina
H.B. Fuller Australia Holdings Pty Ltd	Australia
H.B. Fuller Austria GesmbH	Austria
H.B. Fuller Belgie BVBA	Belgium
H.B. Fuller Belgie Productie NV	Belgium
H.B. Fuller Benelux B.V.	Netherlands
H.B. Fuller Brasil, Ltda.	Brazil
H.B. Fuller Brasil, Ltda. - Branch office Curitiba Purana	Brazil
H.B. Fuller Canada (partnership)	Canada
H.B. Fuller Canada Holding Co.	Canada
H.B. Fuller Canada Investment Co.	Canada
H.B. Fuller Chemie GmbH	Germany
H.B. Fuller Chile SpA	Chile
H.B. Fuller Colombia S.A.S.	Colombia
H.B. Fuller Company Australia Pty. Ltd.	Australia
H.B. Fuller Construction Products Inc.	Minnesota
H.B. Fuller Deutschland GmbH	Germany
H.B. Fuller Deutschland Holding GmbH	Germany
H.B. Fuller Deutschland Produktions GmbH	Germany
H.B. Fuller Egymelt, a limited liability company	Egypt
H.B. Fuller Egypt Investment LLC	Egypt
H.B. Fuller Egypt Trade LLC	Egypt
H.B. Fuller Europe GmbH	Switzerland
H.B. Fuller Medical Adhesive Technologies Limited	Ireland
H.B. Fuller Finance (Ireland) Unlimited Company	Ireland
H.B. Fuller Finance Australia Pty Ltd	Australia
H.B. Fuller Finland Oy	Finland
H.B. Fuller Finland Production Oy	Finland
H.B. Fuller France	France
H.B. Fuller Fulfillment, LLC	Minnesota
H.B. Fuller Greece S.A.I.C.	Greece
H.B. Fuller India Adhesives Private Limited	India
H.B. Fuller Industrial Inc.	Delaware
H.B. Fuller International Holdings Corp.	Delaware
H.B. Fuller International Holdings Corp. (Vietnam Branch)	Vietnam
H.B. Fuller Italia s.r.l.	Italy
H.B. Fuller Japan G.K.	Japan
H.B. Fuller Kenya Limited	Kenya
H.B. Fuller Kimya Sanayi Ticaret Anonim Sirketi	Turkey
H.B. Fuller Latin America Adhesives S.A.	Panama	offshore centre
H.B. Fuller Luxembourg Holdings S.a.r.l.	Luxembourg	offshore centre
H.B. Fuller Medical Adhesive Technologies, LLC	Delaware
H.B. Fuller Medical Adhesive Technologies Inc.	Delaware
H.B. Fuller Mexico, S.A. de C.V.	Mexico
H.B. Fuller Namekagon Ltd.	United Kingdom
H.B. Fuller ND Industries (Suzhou) Co., Ltd.	China
H.B. Fuller Pension Trustees Limited	United Kingdom
H.B. Fuller Poland Sp.Z.o.o.	Poland
H.B. Fuller Portugal, Produtos Quimicos, S.A.	Portugal
H.B. Fuller Royal Luxembourg Holdings S.a.r.l.	Luxembourg	offshore centre
H.B. Fuller Singapore Pte. Ltd.	Singapore
H.B. Fuller South Africa Pte. Ltd.	South Africa
H.B. Fuller Sverige AB	Sweden
H.B. Fuller Sverige Production AB	Sweden
H.B. Fuller U.K. Holding Limited	United Kingdom
H.B. Fuller U.K. Limited	United Kingdom
H.B. Fuller U.K. Manufacturing Limited	United Kingdom
H.B. Fuller U.K. Production Ltd	United Kingdom
H.B. Fuller UK Sales Ltd. 2	United Kingdom
H.B. Fuller, Isar-Rakoll, S.A.	Portugal
HB Fuller Espana, S.L.U.	Spain
HB Fuller Middle East FZE	United Arab Emirates
HB Fuller South Africa (Pty) Ltd	South Africa
HBF Holdings LLC	Minnesota
HBF Procesos S. de R.L. de C.V.	Mexico
HBF Realty Corporation	Philippines
HS Butyl Limited 2	United Kingdom
Kömmerling Chemische Fabrik GmbH	Germany
Kommerling UK Limited 2	United Kingdom
Lymington Holdings Limited	United Kingdom
Medifill Limited	Ireland
ND Industries Bağlantı Elemanları Kilitleme ve Sızdırmazlık Teknolojileri Sanayi ve Tic. A.Ş.	Turkey
PT H.B. Fuller Indonesia	Indonesia
PT. HBFuller Adhesives Indonesia	Indonesia
Royal Acquisition Corp.	Delaware
Royal Adhesives & Sealants Canada Ltd.	Canada
Royal Adhesives and Sealants, LLC	Delaware
Royal Holdings, Inc.	Delaware
Seneca Polymer Co.	Minnesota
Simpsonville Polymer Co.	Delaware
Simpsonville Properties LLC	Delaware
Tonsan Adhesive, Inc.	China
Willimmo NV	Belgium
XChem International LLC	United Arab Emirates
Sekisui-Fuller Co. Ltd.	Japan

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

6 / 7

PASSReturn on assets positiveROA 2.9%
PASSOperating cash flow positiveOCF 263M
PASSReturn on assets improving2.6% → 2.9%
PASSCash flow exceeds earningsOCF 263M vs NI 152M
PASSLong-term debt ratio falling40.7% → 38.9% of assets
FAILCurrent ratio improving1.81 → 1.70
PASSNo share dilution57M → 55M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improvingno data

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2021	—	—	—	—	—
FY2022	—	$180.3M	$126.5M	—	55,269,000
FY2022	—	—	—	—	—
FY2023	—	$144.9M	$259.3M	—	55,958,000
FY2024	—	$130.3M	$163.2M	—	56,629,000
FY2025	—	$152.0M	$121.2M	—	55,355,000

Ownership flow

12 institutions tracked — 4 added, 7 reduced, 1 opened a new position. Index money added 39,191 shares while active managers cut 2,307,158.

Institutional holders of FULLER H B CO and their share-count change
Manager	Kind	Shares	Change	Value
Capital World Investors	Active fund	220,078	−2,373,387	$12.8M
PRICE T ROWE ASSOCIATES INC /MD/	Active fund	411,067	+343,006	$24.0M
CITADEL ADVISORS LLC	Hedge fund	38,712	−251,752	$2.3M
WELLINGTON MANAGEMENT GROUP LLP	Active fund	730,511	−209,609	$42.6M
MORGAN STANLEY	Active fund	849,569	+177,225	$49.5M
BANK OF AMERICA CORP /DE/	Active fund	625,109	+111,946	$36.4M
STATE STREET CORP	Index	2,858,463	+102,222	$166.6M
FMR LLC	Active fund	1,085,750	−75,083	$63.3M
BlackRock Finance, Inc.	Index	8,353,412	−49,145	$642.9M
JPMORGAN CHASE & CO	Active fund	480,542	−29,504	$28.6M
VANGUARD GROUP INC	Index	6,326,046	−13,886	$376.1M

NORGES BANK holds a position with no prior filing to compare against, so its change is unknown rather than zero — and it is left out of the totals above.

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register. These filings span 2024-Q2–2026-Q2 rather than a single quarter, because filers report on their own schedules.

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Shares repurchased

2026Q1: $2.9M
2025Q1: $44.4M
2024Q1: $6.2M
2023Q1: $2.4M
2022Q1: $3.6M
2021Q1: $2.6M

Identity

CIK: 0000039368
SIC: 2891 · Adhesives & Sealants
Incorporated: MN
Headquarters: ST PAUL, MN

Ownership

Institutional: 106.7%
Institutions: 464
Insiders: 0.3%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Related companies

Companies filing in the same SEC industry group.

Csw Industrials, INC.CSW Asp Isotopes INC.ASPI Cabot CORPCBT Element Solutions INCESI Orion S.A.OEC Wd-40 CompanyWDFC

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.

Corporate structure

121 entities across 48 jurisdictions, 7 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-01-22 — see the exhibit.

Entity

Jurisdiction

Note

ADCO Europe Holding GmbH

Germany

ADCO Global, Inc.

Delaware

ADCO Products, LLC

Delaware

Apollo Chemicals Limited 2

United Kingdom

Asfaltos Y Pegamentos S. de R.L. de C.V.

Mexico

Bacon Acquisitions, LLC

Oklahoma

Beardow Adams Holdings Ltd

United Kingdom

BeardowAdams, Inc.

North Carolina

Chemical Supply Corporation, S.A.

Panama

offshore centre

Chongqing ZKLT Polymer Materials Co., Ltd.

China

Chongqing ZKLT Polymer Materials Co., Ltd. (Beijing Branch)

China

Cyberbond CS s.r.o. Cyberbond Group

Czech Republic

Cyberbond Europe GmbH

Germany

Datac Adhesives Limited

United Kingdom

Engent, Inc.

Georgia

Eternabond, LLC

Delaware

Gabaldo Holdings Ltd 2

Cyprus

offshore centre

GEM s.r.l.

Italy

H.B. Fuller (Barbados) I SRL

Barbados

offshore centre

H.B. Fuller (China) Adhesives Ltd.

China

H.B. Fuller (Guangzhou) Adhesives Co., Ltd.

China

H.B. Fuller (Nanjing) Chemical Co., Ltd.

China

H.B. Fuller (New Zealand) Limited

New Zealand

H.B. Fuller (Philippines), Inc.

Philippines

H.B. Fuller (Shanghai) Co. Ltd.

China

H.B. Fuller (Suzhou) Advanced Material Co., Ltd.

China

H.B. Fuller (Thailand) Co., Ltd.

Thailand

H.B. Fuller (Vietnam) Company Limited

Vietnam

H.B. Fuller (YanTai) Advanced Materials Co., Ltd.

China

H.B. Fuller (Yantai) Chemical Co., Ltd.

China

H.B. Fuller Adhesive Systems LLC

Oklahoma

H.B. Fuller Adhesives France SAS

France

H.B. Fuller Adhesives Italia S.r.L.

Italy

H.B. Fuller Adhesives Malaysia Sdn. Bhd.

Malaysia

H.B. Fuller Adhesives Mauritius Ltd.

Mauritius

offshore centre

H.B. Fuller Adhesives S.A.E.

Egypt

H.B. Fuller Argentina, S.A.I.C.

Argentina

H.B. Fuller Australia Holdings Pty Ltd

Australia

H.B. Fuller Austria GesmbH

Austria

H.B. Fuller Belgie BVBA

Belgium

H.B. Fuller Belgie Productie NV

Belgium

H.B. Fuller Benelux B.V.

Netherlands

H.B. Fuller Brasil, Ltda.

Brazil

H.B. Fuller Brasil, Ltda. - Branch office Curitiba Purana

Brazil

H.B. Fuller Canada (partnership)

Canada

H.B. Fuller Canada Holding Co.

Canada

H.B. Fuller Canada Investment Co.

Canada

H.B. Fuller Chemie GmbH

Germany

H.B. Fuller Chile SpA

Chile

H.B. Fuller Colombia S.A.S.

Colombia

H.B. Fuller Company Australia Pty. Ltd.

Australia

H.B. Fuller Construction Products Inc.

Minnesota

H.B. Fuller Deutschland GmbH

Germany

H.B. Fuller Deutschland Holding GmbH

Germany

H.B. Fuller Deutschland Produktions GmbH

Germany

H.B. Fuller Egymelt, a limited liability company

Egypt

H.B. Fuller Egypt Investment LLC

Egypt

H.B. Fuller Egypt Trade LLC

Egypt

H.B. Fuller Europe GmbH

Switzerland

H.B. Fuller Medical Adhesive Technologies Limited

Ireland

H.B. Fuller Finance (Ireland) Unlimited Company

Ireland

H.B. Fuller Finance Australia Pty Ltd

Australia

H.B. Fuller Finland Oy

Finland

H.B. Fuller Finland Production Oy

Finland

H.B. Fuller France

France

H.B. Fuller Fulfillment, LLC

Minnesota

H.B. Fuller Greece S.A.I.C.

Greece

H.B. Fuller India Adhesives Private Limited

India

H.B. Fuller Industrial Inc.

Delaware

H.B. Fuller International Holdings Corp.

Delaware

H.B. Fuller International Holdings Corp. (Vietnam Branch)

Vietnam

H.B. Fuller Italia s.r.l.

Italy

H.B. Fuller Japan G.K.

Japan

H.B. Fuller Kenya Limited

Kenya

H.B. Fuller Kimya Sanayi Ticaret Anonim Sirketi

Turkey

H.B. Fuller Latin America Adhesives S.A.

Panama

offshore centre

H.B. Fuller Luxembourg Holdings S.a.r.l.

Luxembourg

offshore centre

H.B. Fuller Medical Adhesive Technologies, LLC

Delaware

H.B. Fuller Medical Adhesive Technologies Inc.

Delaware

H.B. Fuller Mexico, S.A. de C.V.

Mexico

H.B. Fuller Namekagon Ltd.

United Kingdom

H.B. Fuller ND Industries (Suzhou) Co., Ltd.

China

H.B. Fuller Pension Trustees Limited

United Kingdom

H.B. Fuller Poland Sp.Z.o.o.

Poland

H.B. Fuller Portugal, Produtos Quimicos, S.A.

Portugal

H.B. Fuller Royal Luxembourg Holdings S.a.r.l.

Luxembourg

offshore centre

H.B. Fuller Singapore Pte. Ltd.

Singapore

H.B. Fuller South Africa Pte. Ltd.

South Africa

H.B. Fuller Sverige AB

Sweden

H.B. Fuller Sverige Production AB

Sweden

H.B. Fuller U.K. Holding Limited

United Kingdom

H.B. Fuller U.K. Limited

United Kingdom

H.B. Fuller U.K. Manufacturing Limited

United Kingdom

H.B. Fuller U.K. Production Ltd

United Kingdom

H.B. Fuller UK Sales Ltd. 2

United Kingdom

H.B. Fuller, Isar-Rakoll, S.A.

Portugal

HB Fuller Espana, S.L.U.

Spain

HB Fuller Middle East FZE

United Arab Emirates

HB Fuller South Africa (Pty) Ltd

South Africa

HBF Holdings LLC

Minnesota

HBF Procesos S. de R.L. de C.V.

Mexico

HBF Realty Corporation

Philippines

HS Butyl Limited 2

United Kingdom

Kömmerling Chemische Fabrik GmbH

Germany

Kommerling UK Limited 2

United Kingdom

Lymington Holdings Limited

United Kingdom

Medifill Limited

Ireland

ND Industries Bağlantı Elemanları Kilitleme ve Sızdırmazlık Teknolojileri Sanayi ve Tic. A.Ş.

Turkey

PT H.B. Fuller Indonesia

Indonesia

PT. HBFuller Adhesives Indonesia

Indonesia

Royal Acquisition Corp.

Delaware

Royal Adhesives & Sealants Canada Ltd.

Canada

Royal Adhesives and Sealants, LLC

Delaware

Royal Holdings, Inc.

Delaware

Seneca Polymer Co.

Minnesota

Simpsonville Polymer Co.

Delaware

Simpsonville Properties LLC

Delaware

Tonsan Adhesive, Inc.

China

Willimmo NV

Belgium

XChem International LLC

United Arab Emirates

Sekisui-Fuller Co. Ltd.

Japan

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

6 / 7

PASSReturn on assets positiveROA 2.9%
PASSOperating cash flow positiveOCF 263M
PASSReturn on assets improving2.6% → 2.9%
PASSCash flow exceeds earningsOCF 263M vs NI 152M
PASSLong-term debt ratio falling40.7% → 38.9% of assets
FAILCurrent ratio improving1.81 → 1.70
PASSNo share dilution57M → 55M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improvingno data

Year

Revenue

Net income

Free cash flow

Gross margin

FY2021

—

FY2022

—

$180.3M

$126.5M

—

55,269,000

FY2022

—

FY2023

—

$144.9M

$259.3M

—

55,958,000

FY2024

—

$130.3M

$163.2M

—

56,629,000

FY2025

—

$152.0M

$121.2M

—

55,355,000

Ownership flow

12 institutions tracked — 4 added, 7 reduced, 1 opened a new position. Index money added 39,191 shares while active managers cut 2,307,158.

Institutional holders of FULLER H B CO and their share-count change
Manager	Kind	Shares	Change	Value
Capital World Investors	Active fund	220,078	−2,373,387	$12.8M
PRICE T ROWE ASSOCIATES INC /MD/	Active fund	411,067	+343,006	$24.0M
CITADEL ADVISORS LLC	Hedge fund	38,712	−251,752	$2.3M
WELLINGTON MANAGEMENT GROUP LLP	Active fund	730,511	−209,609	$42.6M
MORGAN STANLEY	Active fund	849,569	+177,225	$49.5M
BANK OF AMERICA CORP /DE/	Active fund	625,109	+111,946	$36.4M
STATE STREET CORP	Index	2,858,463	+102,222	$166.6M
FMR LLC	Active fund	1,085,750	−75,083	$63.3M
BlackRock Finance, Inc.	Index	8,353,412	−49,145	$642.9M
JPMORGAN CHASE & CO	Active fund	480,542	−29,504	$28.6M
VANGUARD GROUP INC	Index	6,326,046	−13,886	$376.1M

NORGES BANK holds a position with no prior filing to compare against, so its change is unknown rather than zero — and it is left out of the totals above.