RPM International Inc. (RPM) Q3 2026 Financial Results Summary

Release Date: April 8, 2026

RPM International Inc. (NYSE: RPM) reported its financial results for the third quarter of fiscal 2026, ending February 28, 2026. Here are the key highlights from the earnings report:

Consolidated Financial Results

• Total Net Sales: $1.61 billion, an 8.9% increase compared to $1.48 billion in Q3 2025.
• Net Income: $51.4 million, a 1.3% decrease from $52.0 million in the same quarter last year.
• Diluted EPS: $0.40, unchanged compared to Q3 2025.
• EBIT (Earnings Before Interest and Taxes): $84.1 million, reflecting a 34.1% increase from $62.7 million a year prior.
• Adjusted EBIT: $116.4 million, a record amount and a 48.8% increase from $78.2 million in Q3 2025.
• Adjusted Diluted EPS: $0.57, which is a 62.9% increase compared to $0.35 year-over-year.

Revenue Drivers

• Record sales were supported by:
  • Growth in engineered solutions for high-performance buildings.
  • Strategic acquisitions and favorable foreign exchange impacts.
  • A rebound from governmental shutdowns and comparisons to a prior-year quarter affected by harsh weather.
• Geographic Performance:
  • Europe: Grew by 20.1%, bolstered mainly by M&A and positive exchange rates.
  • North America: Increased by 6.3%, driven by high-performance building solutions.
  • Emerging Markets: Growth led by Africa/Middle East, primarily from infrastructure and high-performance building projects.

Segment Performance

• Construction Products Group (CPG):
  • Net Sales: $546.7 million, an increase of 10.5% year-over-year.
  • Income Before Taxes: $22.9 million, a jump of 183.7% from last year.
• Performance Coatings Group (PCG):
  • Net Sales: $496.8 million, up 8.4% from Q3 2025.
  • Income Before Taxes: $61.0 million, a 13.4% increase year-over-year.
• Consumer Group:
  • Net Sales: $564.5 million, a 7.9% increase from the previous year.
  • Income Before Taxes: $45.8 million, a slight 3.6% rise compared to last year.

Cash Flow and Financial Position

• Operating Cash Flow: $656.7 million, compared to $619.0 million in the previous year.
• Capital Expenditures: $159.6 million, a marginal increase from $158.9 million in Q3 2025.
• Return to Stockholders: A total of $255.3 million returned through dividends and share repurchases, representing a 5.2% increase year-over-year.
• Cash Dividend: The company declared a cash dividend of $202.8 million.
• Share Repurchase: Approximately $52.5 million allocated for common stock repurchase.

Debt and Liquidity

• Total Debt: $2.56 billion, an increase from $2.10 billion the year prior, primarily due to acquisition financing.
• Total Liquidity: $1.02 billion down from $1.21 billion a year ago.

Business Outlook

The company anticipates mid-single-digit sales growth and low- to high-single-digit adjusted EBIT growth for the fourth quarter of fiscal 2026, reaffirming guidance amid challenging market conditions.

Acquisition Update

RPM completed the acquisition of Kalzip GmbH, aiming to enhance its Construction Products Group. Kalzip reported revenues of approximately €75 million in calendar year 2024.

These results demonstrate RPM's robust performance in a challenging market, fueled by strategic initiatives and a solid operational framework.

Note: The following tables present amounts in thousands.

	Three Months Ended		Nine Months Ended
	February 28, 2026	February 28, 2025	February 28, 2026	February 28, 2025
Net Sales	$1,607,949	$1,476,562	$5,631,587	$5,290,669
Cost of Sales	973,133	909,072	3,323,388	3,121,962
Gross Profit	634,816	567,490	2,308,199	2,168,707
Selling, General & Administrative Expenses	533,872	501,710	1,656,871	1,557,692
Restructuring Expense	19,855	3,456	33,200	18,215
Interest Expense	26,947	22,993	84,278	70,604
Investment (Income), Net	(12,179)	(1,266)	(35,609)	(20,818)
Other (Income), Net	(2,986)	(354)	(8,890)	(1,370)
Income Before Income Taxes	69,307	40,951	578,349	544,384
Provision (Benefit) for Income Taxes	17,693	(11,363)	137,421	80,066
Net Income	51,614	52,314	440,928	464,318
Less: Net Income Attributable to Noncontrolling Interests	250	280	752	1,388
Net Income Attributable to RPM International Inc. Stockholders	$51,364	$52,034	$440,176	$462,930
Earnings per share of common stock attributable to RPM International Inc. Stockholders:
Basic	$0.40	$0.41	$3.45	$3.61
Diluted	$0.40	$0.40	$3.43	$3.59
Average shares of common stock outstanding—basic	127,045	127,536	127,156	127,628
Average shares of common stock outstanding—diluted	127,507	128,154	127,707	128,315

Note: The following table presents amounts in thousands.

	February 28, 2026	February 28, 2025	May 31, 2025
Assets
Current Assets
Cash and cash equivalents	$294,206	$241,895	$302,137
Trade accounts receivable	1,261,112	1,153,993	1,551,953
Allowance for doubtful accounts	(37,717)	(48,908)	(42,844)
Net trade accounts receivable	1,223,395	1,105,085	1,509,109
Inventories	1,120,273	1,044,776	1,036,475
Prepaid expenses and other current assets	415,566	367,197	322,577
Total current assets	3,053,440	2,758,953	3,170,298
Property, Plant and Equipment, at Cost	2,885,364	2,629,810	2,738,373
Allowance for depreciation	(1,365,007)	(1,236,755)	(1,264,974)
Property, plant and equipment, net	1,520,357	1,393,055	1,473,399
Other Assets
Goodwill	1,680,867	1,358,632	1,617,626
Other intangible assets, net of amortization	821,466	510,385	780,826
Operating lease right-of-use assets	398,726	346,221	370,399
Deferred income taxes	161,144	34,368	147,436
Other	248,654	217,961	215,965
Total other assets	3,310,857	2,467,567	3,132,252
Total Assets	$7,884,654	$6,619,575	$7,775,949
Liabilities and Stockholders’ Equity
Current Liabilities
Accounts payable	$675,445	$640,446	$755,889
Current portion of long-term debt	8,383	7,057	7,691
Accrued compensation and benefits	230,559	215,643	287,398
Accrued losses	32,995	33,568	36,701
Other accrued liabilities	391,052	346,747	379,768
Total current liabilities	1,338,434	1,243,461	1,467,447
Long-Term Liabilities
Long-term debt, less current maturities	2,547,104	2,090,182	2,638,922
Operating lease liabilities	342,845	296,861	317,334
Other long-term liabilities	245,022	224,270	241,117
Deferred income taxes	263,129	89,019	224,347
Total long-term liabilities	3,398,100	2,700,332	3,421,720
Total liabilities	4,736,534	3,943,793	4,889,167
Stockholders’ Equity
Preferred stock; none issued	—	—	—
Common stock (outstanding 127,873; 128,423; 128,269)	1,279	1,284	1,283
Paid-in capital	1,202,259	1,172,247	1,177,796
Treasury stock, at cost	(1,009,239)	(934,470)	(953,856)
Accumulated other comprehensive (loss)	(478,803)	(598,290)	(533,631)
Retained earnings	3,431,151	3,033,505	3,193,764
Total RPM International Inc. stockholders’ equity	3,146,647	2,674,276	2,885,356
Noncontrolling interest	1,473	1,506	1,426
Total equity	3,148,120	2,675,782	2,886,782
Total Liabilities and Stockholders’ Equity	$7,884,654	$6,619,575	$7,775,949

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