{
 "company": "H.B. Fuller",
 "ticker": "FUL",
 "sector": "building products",
 "fiscalYearEnd": null,
 "revenueUsdM": 2897.0,
 "normalizedSga": {
  "pctRevenue": 25.05,
  "peerCount": 28,
  "peerMedianPctRevenue": 15.5,
  "peerLeanQuartilePctRevenue": 9.2,
  "peers": [
   {
    "ticker": "AYI",
    "name": "AYI",
    "normalizedSgaPctRevenue": 30.27
   },
   {
    "ticker": "FBIN",
    "name": "FBIN",
    "normalizedSgaPctRevenue": 23.73
   },
   {
    "ticker": "MAS",
    "name": "MAS",
    "normalizedSgaPctRevenue": 18.86
   },
   {
    "ticker": "AOS",
    "name": "AOS",
    "normalizedSgaPctRevenue": 14.71
   },
   {
    "ticker": "LII",
    "name": "LII",
    "normalizedSgaPctRevenue": 10.46
   },
   {
    "ticker": "OC",
    "name": "OC",
    "normalizedSgaPctRevenue": 8.61
   },
   {
    "ticker": "CSL",
    "name": "CSL",
    "normalizedSgaPctRevenue": 14.85
   },
   {
    "ticker": "AWI",
    "name": "AWI",
    "normalizedSgaPctRevenue": 19.27
   },
   {
    "ticker": "BLD",
    "name": "BLD",
    "normalizedSgaPctRevenue": 14.3
   },
   {
    "ticker": "IBP",
    "name": "IBP",
    "normalizedSgaPctRevenue": 19.39
   },
   {
    "ticker": "BLDR",
    "name": "BLDR",
    "normalizedSgaPctRevenue": 25.21
   },
   {
    "ticker": "TREX",
    "name": "TREX",
    "normalizedSgaPctRevenue": 11.65
   },
   {
    "ticker": "JELD",
    "name": "JELD",
    "normalizedSgaPctRevenue": 16.45
   },
   {
    "ticker": "AMWD",
    "name": "AMWD",
    "normalizedSgaPctRevenue": 7.91
   },
   {
    "ticker": "MBC",
    "name": "MBC",
    "normalizedSgaPctRevenue": 21.96
   },
   {
    "ticker": "SSD",
    "name": "SSD",
    "normalizedSgaPctRevenue": 22.33
   },
   {
    "ticker": "NX",
    "name": "NX",
    "normalizedSgaPctRevenue": 15.09
   },
   {
    "ticker": "PATK",
    "name": "PATK",
    "normalizedSgaPctRevenue": 9.15
   },
   {
    "ticker": "WMS",
    "name": "WMS",
    "normalizedSgaPctRevenue": 8.77
   },
   {
    "ticker": "CSWI",
    "name": "CSWI",
    "normalizedSgaPctRevenue": 23.74
   },
   {
    "ticker": "ZWS",
    "name": "ZWS",
    "normalizedSgaPctRevenue": 23.4
   },
   {
    "ticker": "WOR",
    "name": "WOR",
    "normalizedSgaPctRevenue": 20.82
   },
   {
    "ticker": "AZZ",
    "name": "AZZ",
    "normalizedSgaPctRevenue": 7.9
   },
   {
    "ticker": "CMC",
    "name": "CMC",
    "normalizedSgaPctRevenue": 8.84
   },
   {
    "ticker": "WS",
    "name": "WS",
    "normalizedSgaPctRevenue": 7.45
   },
   {
    "ticker": "ROCK",
    "name": "ROCK",
    "normalizedSgaPctRevenue": 15.47
   },
   {
    "ticker": "APOG",
    "name": "APOG",
    "normalizedSgaPctRevenue": 15.93
   }
  ],
  "definition": "Reported SG&A less the disclosed lines that distort comparison: advertising, R&D, pension, stock-based compensation, restructuring and one-time items, plus logistics reclassed where filers park it in SG&A."
 },
 "disclosedLines": [
  {
   "key": "stock_comp",
   "label": "Stock-based comp",
   "pctRevenue": 0.76,
   "companiesDisclosing": 24,
   "peersDisclosing": [
    {
     "ticker": "AYI",
     "pctRevenue": 1.04
    },
    {
     "ticker": "FBIN",
     "pctRevenue": 0.47
    },
    {
     "ticker": "MAS",
     "pctRevenue": 0.4
    },
    {
     "ticker": "LII",
     "pctRevenue": 0.56
    },
    {
     "ticker": "OC",
     "pctRevenue": 0.7
    },
    {
     "ticker": "CSL",
     "pctRevenue": 0.69
    },
    {
     "ticker": "AWI",
     "pctRevenue": 1.35
    },
    {
     "ticker": "BLD",
     "pctRevenue": 0.31
    },
    {
     "ticker": "IBP",
     "pctRevenue": 0.72
    },
    {
     "ticker": "BLDR",
     "pctRevenue": 0.35
    },
    {
     "ticker": "TREX",
     "pctRevenue": 0.77
    },
    {
     "ticker": "JELD",
     "pctRevenue": 0.47
    },
    {
     "ticker": "AMWD",
     "pctRevenue": 0.47
    },
    {
     "ticker": "MBC",
     "pctRevenue": 0.59
    },
    {
     "ticker": "SSD",
     "pctRevenue": 0.99
    },
    {
     "ticker": "NX",
     "pctRevenue": 0.2
    },
    {
     "ticker": "PATK",
     "pctRevenue": 0.48
    },
    {
     "ticker": "WMS",
     "pctRevenue": 2.14
    },
    {
     "ticker": "ZWS",
     "pctRevenue": 2.39
    },
    {
     "ticker": "AZZ",
     "pctRevenue": 0.9
    },
    {
     "ticker": "CMC",
     "pctRevenue": 0.47
    },
    {
     "ticker": "ROCK",
     "pctRevenue": 0.73
    },
    {
     "ticker": "APOG",
     "pctRevenue": 0.58
    }
   ],
   "note": "Above the peer median; equity compensation adds to the overhead load."
  }
 ],
 "gapToPeers": {
  "toPeerMedian": {
   "usdM": 271,
   "bps": 935
  },
  "toLeanQuartile": {
   "usdM": 432,
   "bps": 1492
  }
 },
 "tsrBridge": [
  {
   "label": "3 years",
   "span": "FY2022 to FY2025",
   "companyTsrPct": -25,
   "peerTsrPct": 64,
   "driverPp": {
    "Revenue growth": -12.1,
    "Gross margin": 40.9,
    "SG&A": 5.7,
    "Multiple": -120.1,
    "Other": -3.2
   }
  },
  {
   "label": "10 years",
   "span": "FY2016 to FY2025",
   "companyTsrPct": 40,
   "peerTsrPct": 259,
   "driverPp": {
    "Revenue growth": -18.2,
    "Gross margin": -56.6,
    "SG&A": 17.7,
    "Multiple": -109.3,
    "Other": -51.9
   }
  }
 ],
 "recentQuarter": null,
 "sources": [
  "10-K and 10-Q filings (US GAAP)",
  "XBRL company facts",
  "earnings releases"
 ],
 "urls": {
  "briefing": "https://sgabenchmarking.com/r/FUL",
  "json": "https://sgabenchmarking.com/r/FUL.json",
  "industryBenchmarks": "https://sgabenchmarking.com/catalog.json"
 },
 "publisher": "SG&A Benchmarking, https://sgabenchmarking.com"
}
