vs

Side-by-side financial comparison of FULLER H B CO (FUL) and SCANSOURCE, INC. (SCSC). Click either name above to swap in a different company.

FULLER H B CO is the larger business by last-quarter revenue ($892.0M vs $766.5M, roughly 1.2× SCANSOURCE, INC.). FULLER H B CO runs the higher net margin — 7.5% vs 2.2%, a 5.4% gap on every dollar of revenue. On growth, SCANSOURCE, INC. posted the faster year-over-year revenue change (2.5% vs -2.8%). FULLER H B CO produced more free cash flow last quarter ($68.9M vs $28.9M). Over the past eight quarters, FULLER H B CO's revenue compounded faster (5.0% CAGR vs 0.9%).

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...

ScanSource, Inc. is a leading global specialty technology distributor offering a broad portfolio of solutions including point-of-sale systems, barcode scanning tools, cybersecurity products, cloud services and communication solutions. It primarily serves value-added resellers, managed service providers and enterprise clients across North America, Latin America and Europe, covering retail, healthcare, industrial and public sector core segments.

FUL vs SCSC — Head-to-Head

Bigger by revenue
FUL
FUL
1.2× larger
FUL
$892.0M
$766.5M
SCSC
Growing faster (revenue YoY)
SCSC
SCSC
+5.4% gap
SCSC
2.5%
-2.8%
FUL
Higher net margin
FUL
FUL
5.4% more per $
FUL
7.5%
2.2%
SCSC
More free cash flow
FUL
FUL
$40.1M more FCF
FUL
$68.9M
$28.9M
SCSC
Faster 2-yr revenue CAGR
FUL
FUL
Annualised
FUL
5.0%
0.9%
SCSC

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
FUL
FUL
SCSC
SCSC
Revenue
$892.0M
$766.5M
Net Profit
$67.2M
$16.5M
Gross Margin
32.0%
13.4%
Operating Margin
12.3%
2.3%
Net Margin
7.5%
2.2%
Revenue YoY
-2.8%
2.5%
Net Profit YoY
21.3%
-3.3%
EPS (diluted)
$1.22
$0.75

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
SCSC
SCSC
Q4 25
$766.5M
Q3 25
$892.0M
$739.6M
Q2 25
$898.1M
$812.9M
Q1 25
$704.8M
Q4 24
$747.5M
Q3 24
$917.9M
$775.6M
Q2 24
$746.1M
Q1 24
$810.4M
$752.6M
Net Profit
FUL
FUL
SCSC
SCSC
Q4 25
$16.5M
Q3 25
$67.2M
$19.9M
Q2 25
$41.8M
$20.1M
Q1 25
$17.4M
Q4 24
$17.1M
Q3 24
$55.4M
$17.0M
Q2 24
$16.1M
Q1 24
$31.0M
$12.8M
Gross Margin
FUL
FUL
SCSC
SCSC
Q4 25
13.4%
Q3 25
32.0%
14.5%
Q2 25
31.9%
12.9%
Q1 25
14.2%
Q4 24
13.6%
Q3 24
30.0%
13.1%
Q2 24
13.0%
Q1 24
29.5%
12.6%
Operating Margin
FUL
FUL
SCSC
SCSC
Q4 25
2.3%
Q3 25
12.3%
3.5%
Q2 25
11.1%
3.3%
Q1 25
3.2%
Q4 24
2.5%
Q3 24
11.4%
2.3%
Q2 24
2.9%
Q1 24
8.3%
2.3%
Net Margin
FUL
FUL
SCSC
SCSC
Q4 25
2.2%
Q3 25
7.5%
2.7%
Q2 25
4.7%
2.5%
Q1 25
2.5%
Q4 24
2.3%
Q3 24
6.0%
2.2%
Q2 24
2.2%
Q1 24
3.8%
1.7%
EPS (diluted)
FUL
FUL
SCSC
SCSC
Q4 25
$0.75
Q3 25
$1.22
$0.89
Q2 25
$0.76
$0.87
Q1 25
$0.74
Q4 24
$0.70
Q3 24
$0.98
$0.69
Q2 24
$0.66
Q1 24
$0.55
$0.50

Balance Sheet & Financial Strength

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

Metric
FUL
FUL
SCSC
SCSC
Cash + ST InvestmentsLiquidity on hand
$122.5M
$83.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$910.9M
Total Assets
$5.2B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FUL
FUL
SCSC
SCSC
Q4 25
$83.5M
Q3 25
$122.5M
$124.9M
Q2 25
$96.8M
$126.2M
Q1 25
$146.3M
Q4 24
$110.5M
Q3 24
$131.4M
$145.0M
Q2 24
$185.5M
Q1 24
$165.2M
$159.1M
Stockholders' Equity
FUL
FUL
SCSC
SCSC
Q4 25
$910.9M
Q3 25
$2.0B
$914.0M
Q2 25
$1.9B
$906.4M
Q1 25
$901.7M
Q4 24
$900.7M
Q3 24
$1.8B
$920.9M
Q2 24
$924.3M
Q1 24
$1.8B
$944.1M
Total Assets
FUL
FUL
SCSC
SCSC
Q4 25
$1.7B
Q3 25
$5.2B
$1.7B
Q2 25
$5.1B
$1.8B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$5.0B
$1.8B
Q2 24
$1.8B
Q1 24
$4.7B
$1.8B

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
SCSC
SCSC
Operating Cash FlowLast quarter
$99.0M
$30.8M
Free Cash FlowOCF − Capex
$68.9M
$28.9M
FCF MarginFCF / Revenue
7.7%
3.8%
Capex IntensityCapex / Revenue
3.4%
0.3%
Cash ConversionOCF / Net Profit
1.47×
1.87×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FUL
FUL
SCSC
SCSC
Q4 25
$30.8M
Q3 25
$99.0M
$23.2M
Q2 25
Q1 25
$66.1M
Q4 24
$-6.2M
Q3 24
$169.4M
$44.8M
Q2 24
Q1 24
$47.4M
$160.2M
Free Cash Flow
FUL
FUL
SCSC
SCSC
Q4 25
$28.9M
Q3 25
$68.9M
$20.8M
Q2 25
Q1 25
$64.6M
Q4 24
$-8.2M
Q3 24
$99.9M
$42.5M
Q2 24
Q1 24
$4.1M
$157.7M
FCF Margin
FUL
FUL
SCSC
SCSC
Q4 25
3.8%
Q3 25
7.7%
2.8%
Q2 25
Q1 25
9.2%
Q4 24
-1.1%
Q3 24
10.9%
5.5%
Q2 24
Q1 24
0.5%
21.0%
Capex Intensity
FUL
FUL
SCSC
SCSC
Q4 25
0.3%
Q3 25
3.4%
0.3%
Q2 25
0.3%
Q1 25
0.2%
Q4 24
0.3%
Q3 24
7.6%
0.3%
Q2 24
0.2%
Q1 24
5.3%
0.3%
Cash Conversion
FUL
FUL
SCSC
SCSC
Q4 25
1.87×
Q3 25
1.47×
1.17×
Q2 25
Q1 25
3.79×
Q4 24
-0.36×
Q3 24
3.06×
2.64×
Q2 24
Q1 24
1.53×
12.51×

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%

SCSC
SCSC

Products And Services$723.4M94%
Intelisys Advisory$25.0M3%
Recurring Revenue$18.2M2%

Related Comparisons