RPM
RPM International Inc.
RPM's fundamentals are mixed, but it looks cheap: trading at 19x earnings, below its usual 25x. Analysts expect earnings growth.
RPM Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Healthy |
RPM's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
RPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $103 | — |
| Current | 19x | $103 | — |
| Cheap | 21x | $112 | +9% |
| Fair | 25x | $133 | +29% |
| Expensive | 28x | $151 | +47% |
Historical ranges are pointers, not guarantees.
RPM's PE is in its cheap range at 19x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.
RPM Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for RPM, with profitability holding steady.
RPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.11 | +13% |
| Q3 2026 | $5.41 | +1.1% |
| Q2 2026 | $5.17 | -3.4% |
| Q1 2026 | $5.19 | +4% |
| Q4 2025 | $5.19 | +2.6% |
| Q3 2025 | $5.35 | +12% |
| Q2 2025 | $5.35 | +17% |
| Q1 2025 | $4.99 | +15% |
| Q4 2024 | $5.06 | +24% |
RPM earned $5.41 per share over the past year, up 1.1% from the year before.
RPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +4.8% |
| Q2 2026 | $2.2B | +7.2% |
| Q1 2026 | $1.6B | +8.9% |
| Q4 2025 | $1.9B | +3.5% |
| Q3 2025 | $2.1B | +7.4% |
| Q2 2025 | $2.1B | +3.7% |
| Q1 2025 | $1.5B | -3% |
| Q4 2024 | $1.8B | +3% |
RPM's revenue has grown year over year for six quarters in a row: $2.2B last quarter, up 4.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +1.1 points |
| Q2 2026 | 13% | +1.2 points |
| Q1 2026 | 4.3% | +1.5 points |
| Q4 2025 | 11% | -0.5 points |
| Q3 2025 | 14% | -0.7 points |
| Q2 2025 | 12% | 0 points |
| Q1 2025 | 2.8% | -2.7 points |
| Q4 2024 | 12% | +0.6 points |
RPM's operating margin was 15% last quarter, up 1.1 points from the same quarter a year ago, near the top of its range since 2019.
RPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $205.4M | +17% |
| Q2 2026 | $178.2M | +128% |
| Q1 2026 | $25.6M | -23% |
| Q4 2025 | $296.4M | +29% |
| Q3 2025 | $175M | -11% |
| Q2 2025 | $78.2M | -26% |
| Q1 2025 | $33.3M | -73% |
| Q4 2024 | $229.5M | -38% |
RPM still generates free cash flow, though less than at its 2023 peak: $706M over the past year.
RPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -314K shares |
| 1 year | -0.6% | -710K shares |
| 3 years | -1.2% | -1.5M shares |
| 5 years | -1% | -1.3M shares |
| Available history | -1.4% | -1.8M shares |
RPM has 127M diluted shares, down 0.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $22.4M |
| Q2 2026 | $25M |
| Q1 2026 | $17.5M |
| Q4 2025 | $17.5M |
| Q3 2025 | $17.5M |
| Q2 2025 | $17.5M |
| Q1 2025 | $17.5M |
| Q4 2024 | $17.5M |
RPM spent $82M buying back its own shares over the past year, up 18% from the year before.
RPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 2.2x | Moderate |
| Q4 2025 | 2.2x | Moderate |
| Q3 2025 | 2.4x | Moderate |
| Q2 2025 | 2.4x | Moderate |
| Q1 2025 | 1.9x | Healthy |
| Q4 2024 | 1.8x | Healthy |
RPM's net debt is about 1.9 years of its operating earnings (EBITDA), down from 2.4 years a year ago.
RPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.7 | Neutral |
| Stochastic | 34.6 | Neutral |
RPM's weekly RSI is 49 (neutral) and its Stochastic is 35 (neutral).
RPM PE vs Basic Materials Sector
| Metric | RPM | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 19x | 2.4% above |
| PE % | 3 | 40 | 37 pts below |
RPM is trading at 19x earnings, in line with the Basic Materials sector's median of 19x.
RPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $100.6 | 2.5% above |
| 20 week MA | $104.6 | 1.4% below |
| 50 week MA | $105.5 | 2.2% below |
| 100 week MA | $110.8 | 6.9% below |
| 200 week MA | $107.8 | 4.3% below |
RPM has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 4.3% below its 200-week average.
RPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $76.1 | $90.1 | +18% |
| 2021 | $90.1 | $97.5 | +8.3% |
| 2022 | $97.5 | $99.8 | +2.4% |
| 2023 | $99.8 | $111.6 | +12% |
| 2024 | $111.6 | $124.1 | +11% |
| 2025 | $124.1 | $106.2 | -14% |
| 2026 YTD | $106.2 | $103.1 | -2.9% |
RPM has finished higher in five of the last six years. It's down 2.9% so far in 2026.