One-glance verdict
Within fair range
$82.94 our estimate vs market $99.73
Wall Street consensus: $123.50 (48.9% higher than our fair-value estimate)
20% above our estimate
Fundamentals snapshot
RPM International Inc.
RPM · NYQ · Basic Materials · Specialty Chemicals
Current price
$99.73
52-week range
$92.92 - $121.78
Market cap
$12.72B
Balance sheet
Watch
8.66x Adequate
Net debt $2.43B. Interest coverage shows how many times profit covers the interest bill.
What stands out
3 Rewards
0 Risks
3 rewards · 0 risks
- Reward Revenue grew 1.3% last year.
- Reward Returns 21.1% on equity, ahead of 50% of its peers.
- Reward Free cash flow was positive in 9/10 years.
What this company does
RPM International Inc.
RPM International Inc. makes special chemicals and products used to protect and improve buildings and industrial equipment, like paints, sealants, and roofing materials. Most of their sales come from selling these products to construction and industrial customers. This matters because their success depends on people and businesses building and maintaining things, which is a big part of the economy.
How the company got here
RPM International Inc. was founded in 1947 and has grown into a global leader in specialty chemicals. The company's journey has been marked by strategic acquisitions and a focus on expanding its product portfolio. Over the decades, RPM has built a reputation for providing high-performance products that protect, maintain, and enhance various structures and surfaces. This long history has allowed RPM to develop deep expertise in its markets and establish strong customer relationships.
What it actually does
RPM International Inc. makes and sells specialty chemicals used in construction, industrial applications, and by consumers. Think of the protective coatings on bridges, the sealants that keep your windows from leaking, or the colorful paints and finishes you might use for a home improvement project. These products are designed to make things last longer, look better, and perform more effectively in demanding environments.
Performance Group
The Performance Group segment is a significant part of RPM's business, focusing on products for industrial and construction markets. This includes a wide range of solutions like waterproofing systems, industrial coatings that prevent rust and corrosion, and specialized flooring systems for factories and commercial buildings. These products are crucial for maintaining the integrity and longevity of infrastructure and industrial facilities, and they are typically sold to businesses and contractors.
Consumer Group
The Consumer Group at RPM offers products that everyday shoppers might recognize for home maintenance and improvement. This includes items like caulks and sealants for DIY projects, wood stains and finishes, rust-preventative paints, and various cleaning and repair products for homes. These are the types of goods you might find in a hardware store, aimed at homeowners looking to protect and beautify their living spaces.
Specialty Products Group
This segment of RPM International Inc. provides highly specialized chemical solutions for niche markets. It encompasses a diverse array of products, including fire-stopping materials that prevent the spread of flames, advanced concrete repair and protection systems, and specialized coatings for the food industry. These products often require specific technical expertise and are used in applications where safety, durability, and compliance with strict regulations are paramount.
What management is betting on now
RPM's management is focused on driving growth through innovation and strategic acquisitions within its core markets. They are investing in developing new, high-performance products that meet evolving customer needs, particularly in areas like sustainability and advanced materials. The company also aims to expand its global reach and operational efficiencies to better serve a diverse customer base. This strategy is designed to strengthen RPM's position as a leader in specialty chemicals and deliver long-term value to shareholders.
Price history
How the share price has moved
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Loading price history…
Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2025 Q2
$229.46M
FY2025 Q3
$33.31M
FY2025 Q4
$78.17M
FY2026 Q1
$175.05M
FY2026 Q2
$296.36M
FY2026 Q3
$25.62M
FY2026 Q4
$178.17M
FY2027 Q1
$205.43M
Revenue
$2.22B
Net income
$256.36M
Diluted EPS
2.01
Operating cash flow
$263.94M
Free cash flow
$205.43M
Fetching…
Sources
Revenue
$2.23B
Net income
$221.22M
Diluted EPS
1.74
Operating cash flow
$242.04M
Free cash flow
$178.17M
Fetching…
Sources
Revenue
$1.61B
Net income
$51.36M
Diluted EPS
0.40
Operating cash flow
$73.46M
Free cash flow
$25.62M
Fetching…
Sources
Revenue
$1.91B
Net income
$161.21M
Diluted EPS
1.26
Operating cash flow
$345.70M
Free cash flow
$296.36M
Fetching…
Sources
Revenue
$2.11B
Net income
$227.60M
Diluted EPS
1.77
Operating cash flow
$237.51M
Free cash flow
$175.05M
Fetching…
Sources
Revenue
$2.08B
Net income
$225.76M
Diluted EPS
1.76
Operating cash flow
$149.18M
Free cash flow
$78.17M
Fetching…
Sources
Revenue
$1.48B
Net income
$52.03M
Diluted EPS
0.40
Operating cash flow
$91.50M
Free cash flow
$33.31M
Fetching…
Sources
Revenue
$1.85B
Net income
$183.20M
Diluted EPS
1.42
Operating cash flow
$279.45M
Free cash flow
$229.46M
Fetching…
Sources
Is it cheap or expensive?
Fair value $82.94 vs current price $99.73
Wall Street consensus is the average analyst price target: $123.50 (48.9% higher than our fair-value estimate).
Our most-likely fair value is $82.94 a share — about 16.8% away from today's price of $99.73, so the stock currently looks fairly priced.
Is it drowning in debt?
Watch
Net debt $2.4B. Interest coverage 8.7x.
Net debt
$2.43B
Interest coverage
8.66x
RPM International Inc.'s profit covers its interest bill about 8.7 times over. which is stronger than most peers shown here.
Watch
Worse cushion
Baseline
Better cushion
RPM
BASELINE
RPM International Inc.
Total debt $2.74B Interest coverage 8.66x This is the baseline the peer rows are being compared against.
Total debt $7.47B Interest coverage 9.00x +4% vs RPM Has roughly the same debt cushion as RPM.
Total debt $3.49B Interest coverage 12.41x +43% vs RPM Carries about 1.4x more debt cushion than RPM.
Total debt $15.03B Interest coverage 8.16x -6% vs RPM Has roughly the same debt cushion as RPM.
Total debt $3.07B Interest coverage 4.18x -52% vs RPM Carries about 2.1x less debt cushion than RPM.
Total debt $2.19B Interest coverage 2.83x -67% vs RPM Carries about 3.1x less debt cushion than RPM.
What you should know
The case for and against RPM
3 Rewards
0 Risks
Rewards
-
Revenue grew 1.3% last year.
-
Returns 21.1% on equity, ahead of 50% of its peers.
-
Free cash flow was positive in 9/10 years.
Risks
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
18.43x
Forward P/E
15.09x
P/B
3.66x
P/S
1.60x
EV/EBITDA
12.26x
PEG ratio
1.69x
Profitability
How much profit each dollar creates
Gross margin
41.2%
Operating margin
16.2%
Net margin
8.7%
ROE
21.1%
ROA
7.9%
Health
Liquidity and balance-sheet strength
Debt / equity
0.79x
Current ratio
1.76x
Quick ratio
1.00x
Total debt
$2.74B
Total cash
$312.84M
Growth
How the business has been compounding
Revenue TTM
$7.97B
Revenue 5Y CAGR
4.1%
EPS TTM
5.41
EPS 5Y CAGR
11.6%
Cash flow
How much cash the business throws off
Operating CF TTM
$925.13M
Free CF TTM
$675.20M
FCF margin
8.5%
Dividend
Shareholder payout
Yield
2.3%
Payout ratio
39.9%
Last ex-div date
2026-10-20