Quality Investor

RPM International Inc.

Rank #138Capital Return

RPM · NYSE · Basic Materials

RPM International Inc. (RPM) — Rank #138 by gross profitability (GP/assets 0.39) · ROE 20.0% · Piotroski F-Score N/A.

As-of 2026-09-28 · CIK 0000110621 · all metrics point-in-time as of the filing date.

About

RPM International Inc. provides specialty chemicals for the construction, industrial, specialty, and consumer markets.

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It operates through CPG, PCG, and Consumer segments. The company offers waterproofing, coating, and traditional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing, and building maintenance services; sealing and bonding, subfloor preparation, glazing solutions; resin flooring systems, terrazzo, polyurethane, MMA waterproof, epoxy floor paint and coatings, concrete repair, and protection products, traffic deck coatings, and decorative concrete; fire stopping and intumescent coatings, and adhesive and sealant solutions; and rolled asphalt roofing materials and chemical admixtures. It also provides concrete and masonry admixtures, concrete fibers, cement grinding aids, cement performance enhancers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, restoration materials, insulated building cladding materials, specialty finishes, metal and composite materials, and exterior insulating and finishing systems; insulated concrete form and industrial concrete panel wall, engineered buck framing, and ICF bracing systems; and firestopping, flooring systems, weatherproofing solutions, and restoration services equipment. In addition, it offers corrosion control, fireproofing, edible, and factory applied industrial coatings; infrastructure repair and raised-flooring systems, fiberglass reinforced plastic structures, preservation products, specialty glazes, and food industry coatings; and rust-preventative, special purpose, and decorative paints, caulks, sealants, primers, contact cement, cleaners, woodcare coatings, abrasives, colorant, and other consumer products.

The company was incorporated in 1947 and is headquartered in Medina, Ohio.

Industry
Specialty Chemicals
Sector
Basic Materials
State
DE
Filer Category
Large accelerated filer
Fiscal Year End
May 31
Website
rpminc.com

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

17,546

Industry

Specialty Chemicals

Exchange

NYSE

Signal Flags

2 green
Revenue growth acceleratingGrowth rate increasing year over year
Deferred revenue growingRevenue and deferred revenue both growing — retention signal

Quality Profile

Profitability

1/1 pass
GP / assets
0.39
Return on equity
20.0%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
1.52
Current ratio
1.68×
Net cash
-$89.45M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
0.4%

Growth

2/2 pass
Revenue growth
6.7%
Piotroski F-Score
N/A
Share dilution
-0.5%

Terry Smith quality gate

Passes 1/5 Terry Smith thresholds

3 of 5 thresholds not computable from filed data.

FCF yield, shareholder yield, and buyback activity are the primary reads at this stage.

Profitability

Gross profitability (GP / assets)

0.39

Primary signal (Novy-Marx).

74th pctl of 39 SIC 28 peers

Return on equity

20.0%

Gross margin

41.4%

45th pctl of 39 SIC 28 peers

Revenue growth (YoY)

6.7%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2023202420252026
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

2.7%

Revenue CAGR (5Y)

5.2%

Earnings CAGR (3Y)

11.4%

FCF CAGR (3Y)

27.9%

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

1.52

6th pctl of 35 SIC 28 peers (best = lowest)

Current ratio

1.68×

24th pctl of 39 SIC 28 peers

Quick ratio

0.96×

Net cash

-$89.45M

Cash & equivalents minus total debt.

Recession resistance

Revenue through recessions

Worst single-year YoY revenue decline, 18 years of history

Moderate
2008-2009 (GFC)
N/AN/A
2020 (COVID)
-1.0%Mild decline
Worst year on record(any fiscal year, not recession-limited)
-1.0%Mild decline

Cash-flow health

Free cash flow

$675.20M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

0.02

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.4%

Stock-based comp intensity.

Dividend safety

Composite score

3.5 / 5

Good
Payout ratio
41.1%4/5 Strong
FCF coverage
2.49×4/5 Strong
Dividend growth streak
10 yr5/5 Strong
Balance-sheet health
D/E 1.52 · IC N/A1/5 Weak

Piotroski F-Score

F-Score

N/A

Only 8/9 components determinable.

Lifecycle Phase History

20212026
Capital Return
Value