# RPM International Inc. (RPM)

> Source: Nexqual · https://nexqual.com/RPM · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, RPM International Inc. (RPM), nexqual.com/RPM" · informational, not investment advice.

**Price:** USD 101.72 (+1.84% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 99.88 · day 98.21–102.02 · 52w 92.92–121.78 · market cap $13.0B · NYQ

## Key facts
- Last four reported quarters (through Aug 31, 2026): revenue $7.97B, net income $690M (8.7% margin), free cash flow $706M (SEC filings).
- Valuation: P/E 18.8x (avg 22.0x at the last 3 fiscal year-ends).
- 1 of 80 tracked superinvestors hold RPM (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (16 analysts), mean target USD 123.5 (range 107–147).
- Total return with dividends: 1Y -7.5% vs S&P 500 +14.9%; 5Y +26.2% vs S&P 500 +80.3%.
- Next earnings: 2027-01-07, EPS estimate USD 1.27, revenue estimate $2.00B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $6.71B | $7.26B | $7.34B | $7.37B | $7.86B | $7.97B |
| Gross profit | $2.43B | $2.75B | $3.01B | $3.05B | $3.26B | — |
| Net income | $491M | $479M | $588M | $689M | $661M | $690M |
| EPS (diluted) | $3.79 | $3.72 | $4.56 | $5.35 | $5.17 | — |
| Free cash flow | -$43.7M | $323M | $908M | $538M | $675M | $706M |
| Gross margin | 36.3% | 37.9% | 41.1% | 41.4% | 41.4% | — |
| Net margin | 7.3% | 6.6% | 8.0% | 9.3% | 8.4% | 8.7% |
| Revenue growth | +9.8% | +8.2% | +1.1% | +0.5% | +6.7% | — |
| Cash + short-term investments | $208M | $221M | $244M | $306M | $318M | — |
| Total debt | $2.69B | $2.68B | $2.13B | $2.65B | $2.53B | — |
Fiscal years end May. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Aug 31, 2026)
P/E 18.8x · P/S 1.6x · P/FCF 18.4x · P/B 3.7x · FCF yield 5.44% · Earnings yield 5.32% · Dividend yield (paid, TTM) 2.12% · Buyback yield (TTM) 0.64%
P/E at fiscal year-ends: May 2026 20.4x, May 2025 21.2x, May 2024 24.5x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold RPM. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | <0.01% | $192K | Reduced -2.4% |

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 16 analysts; mean target USD 123.5 (low 107, high 147).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | Barclays | Initiated | Equal-Weight | $107 |
| 2026-10-09 | Keybanc | Target lowered | Overweight | $123 → $117 |
| 2026-10-08 | Deutsche Bank | Target lowered | Buy | $126 → $115 |
| 2026-10-07 | UBS | Target lowered | Buy | $142 → $128 |
| 2026-10-07 | Citigroup | Target lowered | Buy | $128 → $116 |
| 2026-10-07 | RBC Capital | Target lowered | Outperform | $128 → $120 |
| 2026-10-05 | Wells Fargo | Target lowered | Overweight | $135 → $130 |
| 2026-09-28 | Morgan Stanley | Target lowered | Equal-Weight | $117 → $114 |
| 2026-09-11 | Keybanc | Initiated | Overweight | $123 |
| 2026-07-23 | B of A Securities | Target raised | Buy | $129 → $130 |
| 2026-07-23 | Morgan Stanley | Target lowered | Equal-Weight | $121 → $117 |
| 2026-07-23 | BMO Capital | Target raised | Outperform | $143 → $151 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -7.5% | +26.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -7.5% | +4.8% |
| Volatility (annualized) | 29.6% | 26.1% |
| Max drawdown | -22.4% (Feb 2026→Mar 2026) | -31.3% (Nov 2024→Mar 2026) |

## Peers (Specialty Chemicals)
SSL (Sasol Ltd.) USD 17.46 +7.84% · ALB (Albemarle Corporation) USD 92.54 -2.04% · SQM (Sociedad Quimica y Minera S.A.) USD 56.37 -3.54% · SOLS (Solstice Advanced Materials Inc) USD 59.8 -7.99% · DD (DuPont de Nemours, Inc.) USD 135.1 +0.71% · WLK (Westlake Corporation) USD 64.14 +5.42%

## More
Full page: https://nexqual.com/RPM · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-08-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Construction Products Group | $859.2M | 38.8% | +0.8% |
| Consumer | $726.7M | 32.8% | +5.3% |
| Performance Coatings Group | $629.6M | 28.4% | +10.2% |
| Total revenue | $2.22B | 100% | — |

## Company outlook (8-K filed 2026-10-06)

- "The company's outlook for fiscal 2027 is for: • Consolidated sales to increase in the mid-single-digit range compared to prior-year record results."
- "The previous outlook was for 3% to 7% growth. • Consolidated adjusted EBITDA to increase in the mid-single-digit range compared to prior-year record results."
- "The previous outlook was for 5% to 10% growth."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-11-30) | $1.27 | $1.29 | -1.1% | $2.00B | 16 |
| Next quarter (ends 2027-02-28) | $0.60 | $0.59 | +0.5% | $1.69B | 16 |
| Current fiscal year (ends 2027-05-31) | $5.91 | $5.85 | +1.0% | $8.25B | 16 |
| Next fiscal year (ends 2028-05-31) | $6.61 | $6.60 | +0.1% | $8.59B | 15 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2027-02-19 (includes earnings 2027-01-07): ±12.7%; last 8 reports averaged ±5%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 29.1% | ±6.6% |
| 2026-12-18 | 56 | 29.5% | ±9.3% |
| 2027-02-19 | 119 | 27.9% | ±12.7% |
| 2027-05-21 | 210 | 28.8% | ±17.2% |