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Side-by-side financial comparison of FULLER H B CO (FUL) and BeOne Medicines Ltd. (ONC). Click either name above to swap in a different company.

BeOne Medicines Ltd. is the larger business by last-quarter revenue ($1.5B vs $892.0M, roughly 1.7× FULLER H B CO). FULLER H B CO runs the higher net margin — 7.5% vs 4.4%, a 3.1% gap on every dollar of revenue. On growth, BeOne Medicines Ltd. posted the faster year-over-year revenue change (32.8% vs -2.8%). BeOne Medicines Ltd. produced more free cash flow last quarter ($379.8M vs $68.9M). Over the past eight quarters, BeOne Medicines Ltd.'s revenue compounded faster (41.2% CAGR vs 5.0%).

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...

BeOne Medicines, formerly known as BeiGene, Ltd. is a multinational oncology company. It specializes in the development of drugs for cancer treatment.

FUL vs ONC — Head-to-Head

Bigger by revenue
ONC
ONC
1.7× larger
ONC
$1.5B
$892.0M
FUL
Growing faster (revenue YoY)
ONC
ONC
+35.7% gap
ONC
32.8%
-2.8%
FUL
Higher net margin
FUL
FUL
3.1% more per $
FUL
7.5%
4.4%
ONC
More free cash flow
ONC
ONC
$310.9M more FCF
ONC
$379.8M
$68.9M
FUL
Faster 2-yr revenue CAGR
ONC
ONC
Annualised
ONC
41.2%
5.0%
FUL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FUL
FUL
ONC
ONC
Revenue
$892.0M
$1.5B
Net Profit
$67.2M
$66.5M
Gross Margin
32.0%
90.5%
Operating Margin
12.3%
12.4%
Net Margin
7.5%
4.4%
Revenue YoY
-2.8%
32.8%
Net Profit YoY
21.3%
143.8%
EPS (diluted)
$1.22
$0.05

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
ONC
ONC
Q4 25
$1.5B
Q3 25
$892.0M
$1.4B
Q2 25
$898.1M
$1.3B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$917.9M
$1.0B
Q2 24
$929.2M
Q1 24
$810.4M
$751.7M
Net Profit
FUL
FUL
ONC
ONC
Q4 25
$66.5M
Q3 25
$67.2M
$124.8M
Q2 25
$41.8M
$94.3M
Q1 25
$1.3M
Q4 24
$-151.9M
Q3 24
$55.4M
$-121.3M
Q2 24
$-120.4M
Q1 24
$31.0M
$-251.2M
Gross Margin
FUL
FUL
ONC
ONC
Q4 25
90.5%
Q3 25
32.0%
86.1%
Q2 25
31.9%
87.5%
Q1 25
85.2%
Q4 24
85.8%
Q3 24
30.0%
83.0%
Q2 24
85.1%
Q1 24
29.5%
83.4%
Operating Margin
FUL
FUL
ONC
ONC
Q4 25
12.4%
Q3 25
12.3%
11.5%
Q2 25
11.1%
6.7%
Q1 25
1.0%
Q4 24
-7.0%
Q3 24
11.4%
-12.0%
Q2 24
-11.5%
Q1 24
8.3%
-34.8%
Net Margin
FUL
FUL
ONC
ONC
Q4 25
4.4%
Q3 25
7.5%
8.8%
Q2 25
4.7%
7.2%
Q1 25
0.1%
Q4 24
-13.5%
Q3 24
6.0%
-12.1%
Q2 24
-13.0%
Q1 24
3.8%
-33.4%
EPS (diluted)
FUL
FUL
ONC
ONC
Q4 25
$0.05
Q3 25
$1.22
$0.08
Q2 25
$0.76
$0.06
Q1 25
$0.00
Q4 24
$-0.10
Q3 24
$0.98
$-0.09
Q2 24
$-0.09
Q1 24
$0.55
$-0.19

Balance Sheet & Financial Strength

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

Metric
FUL
FUL
ONC
ONC
Cash + ST InvestmentsLiquidity on hand
$122.5M
$4.5B
Total DebtLower is stronger
$836.4M
Stockholders' EquityBook value
$2.0B
$4.4B
Total Assets
$5.2B
$8.2B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FUL
FUL
ONC
ONC
Q4 25
$4.5B
Q3 25
$122.5M
$4.0B
Q2 25
$96.8M
$2.8B
Q1 25
$2.5B
Q4 24
$2.6B
Q3 24
$131.4M
$2.7B
Q2 24
$2.6B
Q1 24
$165.2M
$2.8B
Total Debt
FUL
FUL
ONC
ONC
Q4 25
$836.4M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FUL
FUL
ONC
ONC
Q4 25
$4.4B
Q3 25
$2.0B
$4.1B
Q2 25
$1.9B
$3.8B
Q1 25
$3.5B
Q4 24
$3.3B
Q3 24
$1.8B
$3.4B
Q2 24
$3.4B
Q1 24
$1.8B
$3.4B
Total Assets
FUL
FUL
ONC
ONC
Q4 25
$8.2B
Q3 25
$5.2B
$7.6B
Q2 25
$5.1B
$6.3B
Q1 25
$5.8B
Q4 24
$5.9B
Q3 24
$5.0B
$5.8B
Q2 24
$5.7B
Q1 24
$4.7B
$5.7B
Debt / Equity
FUL
FUL
ONC
ONC
Q4 25
0.19×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
ONC
ONC
Operating Cash FlowLast quarter
$99.0M
$417.3M
Free Cash FlowOCF − Capex
$68.9M
$379.8M
FCF MarginFCF / Revenue
7.7%
25.4%
Capex IntensityCapex / Revenue
3.4%
2.5%
Cash ConversionOCF / Net Profit
1.47×
6.28×
TTM Free Cash FlowTrailing 4 quarters
$941.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FUL
FUL
ONC
ONC
Q4 25
$417.3M
Q3 25
$99.0M
$402.6M
Q2 25
$263.6M
Q1 25
$44.1M
Q4 24
$75.2M
Q3 24
$169.4M
$188.4M
Q2 24
$-95.6M
Q1 24
$47.4M
$-308.6M
Free Cash Flow
FUL
FUL
ONC
ONC
Q4 25
$379.8M
Q3 25
$68.9M
$354.5M
Q2 25
$219.8M
Q1 25
$-12.3M
Q4 24
$-17.3M
Q3 24
$99.9M
$54.7M
Q2 24
$-205.5M
Q1 24
$4.1M
$-465.1M
FCF Margin
FUL
FUL
ONC
ONC
Q4 25
25.4%
Q3 25
7.7%
25.1%
Q2 25
16.7%
Q1 25
-1.1%
Q4 24
-1.5%
Q3 24
10.9%
5.5%
Q2 24
-22.1%
Q1 24
0.5%
-61.9%
Capex Intensity
FUL
FUL
ONC
ONC
Q4 25
2.5%
Q3 25
3.4%
3.4%
Q2 25
3.3%
Q1 25
5.0%
Q4 24
8.2%
Q3 24
7.6%
13.3%
Q2 24
11.8%
Q1 24
5.3%
20.8%
Cash Conversion
FUL
FUL
ONC
ONC
Q4 25
6.28×
Q3 25
1.47×
3.22×
Q2 25
2.79×
Q1 25
34.71×
Q4 24
Q3 24
3.06×
Q2 24
Q1 24
1.53×

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%

ONC
ONC

Segment breakdown not available.

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