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Side-by-side financial comparison of FULLER H B CO (FUL) and Alliant Energy (LNT). Click either name above to swap in a different company.

Alliant Energy is the larger business by last-quarter revenue ($1.1B vs $892.0M, roughly 1.2× FULLER H B CO). Alliant Energy runs the higher net margin — 13.4% vs 7.5%, a 5.8% gap on every dollar of revenue. On growth, Alliant Energy posted the faster year-over-year revenue change (9.0% vs -2.8%). Over the past eight quarters, FULLER H B CO's revenue compounded faster (5.0% CAGR vs 1.5%).

H.B. Fuller Company is an American multinational adhesives manufacturing company headquartered in St. Paul, Minnesota. H.B. Fuller manufactures more than 20,000 products for a variety of applications, including those used in construction, engineering, electronics, hygiene products, and food packaging. Its products are made at 81 manufacturing facilities in 26 countries. As of 2024, it was the fourth-largest manufacturer of adhesives and sealants in the world, employed approximately 7,500 peop...

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinoi...

FUL vs LNT — Head-to-Head

Bigger by revenue
LNT
LNT
1.2× larger
LNT
$1.1B
$892.0M
FUL
Growing faster (revenue YoY)
LNT
LNT
+11.8% gap
LNT
9.0%
-2.8%
FUL
Higher net margin
LNT
LNT
5.8% more per $
LNT
13.4%
7.5%
FUL
Faster 2-yr revenue CAGR
FUL
FUL
Annualised
FUL
5.0%
1.5%
LNT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FUL
FUL
LNT
LNT
Revenue
$892.0M
$1.1B
Net Profit
$67.2M
$142.0M
Gross Margin
32.0%
85.9%
Operating Margin
12.3%
18.4%
Net Margin
7.5%
13.4%
Revenue YoY
-2.8%
9.0%
Net Profit YoY
21.3%
-5.3%
EPS (diluted)
$1.22
$0.54

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FUL
FUL
LNT
LNT
Q4 25
$1.1B
Q3 25
$892.0M
$1.2B
Q2 25
$898.1M
$961.0M
Q1 25
$1.1B
Q4 24
$975.0M
Q3 24
$917.9M
$1.1B
Q2 24
$894.0M
Q1 24
$810.4M
$1.0B
Net Profit
FUL
FUL
LNT
LNT
Q4 25
$142.0M
Q3 25
$67.2M
$281.0M
Q2 25
$41.8M
$174.0M
Q1 25
$213.0M
Q4 24
$150.0M
Q3 24
$55.4M
$295.0M
Q2 24
$87.0M
Q1 24
$31.0M
$158.0M
Gross Margin
FUL
FUL
LNT
LNT
Q4 25
85.9%
Q3 25
32.0%
86.3%
Q2 25
31.9%
84.3%
Q1 25
86.0%
Q4 24
84.7%
Q3 24
30.0%
84.7%
Q2 24
83.6%
Q1 24
29.5%
85.3%
Operating Margin
FUL
FUL
LNT
LNT
Q4 25
18.4%
Q3 25
12.3%
28.8%
Q2 25
11.1%
23.2%
Q1 25
22.8%
Q4 24
22.7%
Q3 24
11.4%
29.0%
Q2 24
14.5%
Q1 24
8.3%
21.5%
Net Margin
FUL
FUL
LNT
LNT
Q4 25
13.4%
Q3 25
7.5%
23.2%
Q2 25
4.7%
18.1%
Q1 25
18.9%
Q4 24
15.4%
Q3 24
6.0%
27.3%
Q2 24
9.7%
Q1 24
3.8%
15.3%
EPS (diluted)
FUL
FUL
LNT
LNT
Q4 25
$0.54
Q3 25
$1.22
$1.09
Q2 25
$0.76
$0.68
Q1 25
$0.83
Q4 24
$0.58
Q3 24
$0.98
$1.15
Q2 24
$0.34
Q1 24
$0.55
$0.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FUL
FUL
LNT
LNT
Cash + ST InvestmentsLiquidity on hand
$122.5M
$556.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$7.3B
Total Assets
$5.2B
$25.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FUL
FUL
LNT
LNT
Q4 25
$556.0M
Q3 25
$122.5M
$753.0M
Q2 25
$96.8M
$329.0M
Q1 25
$25.0M
Q4 24
$81.0M
Q3 24
$131.4M
$827.0M
Q2 24
$92.0M
Q1 24
$165.2M
$32.0M
Stockholders' Equity
FUL
FUL
LNT
LNT
Q4 25
$7.3B
Q3 25
$2.0B
$7.3B
Q2 25
$1.9B
$7.1B
Q1 25
$7.1B
Q4 24
$7.0B
Q3 24
$1.8B
$7.0B
Q2 24
$6.8B
Q1 24
$1.8B
$6.8B
Total Assets
FUL
FUL
LNT
LNT
Q4 25
$25.0B
Q3 25
$5.2B
$24.6B
Q2 25
$5.1B
$23.8B
Q1 25
$22.9B
Q4 24
$22.7B
Q3 24
$5.0B
$22.8B
Q2 24
$21.8B
Q1 24
$4.7B
$21.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FUL
FUL
LNT
LNT
Operating Cash FlowLast quarter
$99.0M
$269.0M
Free Cash FlowOCF − Capex
$68.9M
FCF MarginFCF / Revenue
7.7%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
1.47×
1.89×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FUL
FUL
LNT
LNT
Q4 25
$269.0M
Q3 25
$99.0M
$408.0M
Q2 25
$243.0M
Q1 25
$249.0M
Q4 24
$254.0M
Q3 24
$169.4M
$351.0M
Q2 24
$255.0M
Q1 24
$47.4M
$307.0M
Free Cash Flow
FUL
FUL
LNT
LNT
Q4 25
Q3 25
$68.9M
$-103.0M
Q2 25
$-179.0M
Q1 25
$-305.0M
Q4 24
Q3 24
$99.9M
$-59.0M
Q2 24
$-137.0M
Q1 24
$4.1M
$-171.0M
FCF Margin
FUL
FUL
LNT
LNT
Q4 25
Q3 25
7.7%
-8.5%
Q2 25
-18.6%
Q1 25
-27.0%
Q4 24
Q3 24
10.9%
-5.5%
Q2 24
-15.3%
Q1 24
0.5%
-16.6%
Capex Intensity
FUL
FUL
LNT
LNT
Q4 25
Q3 25
3.4%
42.2%
Q2 25
43.9%
Q1 25
49.1%
Q4 24
Q3 24
7.6%
37.9%
Q2 24
43.8%
Q1 24
5.3%
46.4%
Cash Conversion
FUL
FUL
LNT
LNT
Q4 25
1.89×
Q3 25
1.47×
1.45×
Q2 25
1.40×
Q1 25
1.17×
Q4 24
1.69×
Q3 24
3.06×
1.19×
Q2 24
2.93×
Q1 24
1.53×
1.94×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FUL
FUL

Hygiene Health And Consumable Adhesives$386.1M43%
Engineering Adhesives$272.3M31%
Building Adhesives Solutions$233.7M26%

LNT
LNT

Retail Residential$313.0M29%
Retail Industrial$251.0M24%
Retail Commercial$226.0M21%
Gas$158.0M15%
Other Customer$43.0M4%
Wholesale$36.0M3%
Other Utility$15.0M1%
Steam$9.0M1%

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