Rpm International Inc. · NYSE:RPM
Rpm International — Q4 2025 Earnings Presentation
32 slides from Rpm International's earnings presentation, Jul 24, 2025
Slide 1: Fiscal 2025 Fourth-Quarter and Year-End Results
Fiscal 2025 Fourth-Quarter and Year-End Results July 24, 2025
Slide 2: Forward-Looking Statements & Regulation G
Forward-Looking Statements & Regulation G This presentation contains “forward-looking statements” relating to our business. These forward-looking statements, or other statements made by us, are made based on our expectations and beliefs concerning future events impacting us and are subject to uncert
Slide 3: Record Consolidated Q4-25 With Broad-Based Strength
Record Consolidated Q4-25 With Broad-Based Strength FINANCIAL HIGHLIGHTS Q4 Segment YoY Adj. EBIT¹ Growth $160 $158.1 $120 $138.5 $2.08B $118.2 $122.5 In millions Q4 RECORD REVENUE $80 +3.7% FROM PY $40 $57.8 $48.5 $10.6 $11.4 $314.4M $0 Q4-24 Q4-25 Q4-24 Q4-25 Q4-24 Q4-25 Q4-24 Q4-25 Q4 RECORD ADJU
Slide 4: Consistent Improvement Driven by MAP 2025
Consistent Improvement Driven by MAP 2025 Start of MAP 2025 Jun. 1, 2022 FY23 FY24 FY25 RECORD SALES RECORD ADJ. EBIT¹ 13.2% ADJUSTED EBIT¹ MARGIN RECORD ADJ. EPS¹ IN FY25 WAS ALL-TIME RECORD (1) EBIT, adjusted EBIT, and adjusted EPS are non-GAAP financial measures. Refer to Appendix for reconciliat
Slide 5: MAP 2025 Accomplishments and Top Priorities
MAP 2025 Accomplishments and Top Priorities MAP 2025 Accomplishments Top Priorities Going Forward (compared to FY22) 1 Continuing implementation of efficiency initiatives +510 bps +260 bps 2 Focusing capital allocation to GROSS MARGINS ADJ. EBIT¹ MARGINS highest potential opportunities 3 Increasing
Slide 6: 3-Segment Structure Promotes Growth and Efficiency
3-Segment Structure Promotes Growth and Efficiency THE POWER Entrepreneurial Approach to Customers with Leading Brands Driving Innovation and Growth Center-Led in Operations and Administration, Driving Efficiency and Continuous Improvement OF RPM Value of 168: Transparency, Trust & Respect + Connect
Slide 7: Fiscal 2025 Fourth-Quarter Financial Results | Consolidated
Fiscal 2025 Fourth-Quarter Financial Results | Consolidated Growth combined with MAP 2025 initiatives generated record profitability ($ in millions, except Q4 Q4 KEY POINTS 2025 2024 % Change per share amounts) • Growth combined with MAP 2025 operational improvements resulted in record adjusted EBIT
Slide 8: Sales Growth in USD by Region | Q4-25
Sales Growth in USD by Region | Q4-25 KEY POINTS • Europe strength led by high EUROPE performance coatings and M&A NORTH AMERICA 14% of total sales • North American growth driven by 78% of total sales +14.9% systems and turnkey solutions +2.7% ASIA/PACIFIC serving high performance buildings 2% of to
Slide 9: Fiscal 2025 Fourth-Quarter Financial Results: Construction Products Group
Fiscal 2025 Fourth-Quarter Financial Results Strong sales of systems and turnkey roofing solutions to high-performance buildings Q4 Q4 CONSTRUCTION ($ in millions, except margins) 2025 2024 % Change Sales Components PRODUCTS GROUP Sales $809.9 $762.2 +6.3% • Organic +6.7% EBIT1 $154.0 $132.0 +16.7%
Slide 10: Fiscal 2025 Fourth-Quarter Financial Results: Performance Coatings Group
Fiscal 2025 Fourth-Quarter Financial Results Record results driven by turnkey solutions for high-performance buildings and M&A Q4 Q4 PERFORMANCE ($ in millions, except margins) 2025 2024 % Change Sales Components COATINGS GROUP Sales $399.2 $365.6 +9.2% • Organic +4.4% EBIT1 $54.1 $45.7 +18.4% • Acq
Slide 11: Fiscal 2025 Fourth-Quarter Financial Results: Specialty Products Group
Fiscal 2025 Fourth-Quarter Financial Results Stabilizing specialty OEM markets contributed to improved sales and adjusted EBIT Q4 Q4 SPECIALTY ($ in millions, except margins) 2025 2024 % Change Sales Components PRODUCTS GROUP Sales $181.3 $178.0 +1.9% • Organic 0.0% EBIT1 -$10.6 $7.5 -241.3% • Acqui
Slide 12: Fiscal 2025 Fourth-Quarter Financial Results: Consumer Group
Fiscal 2025 Fourth-Quarter Financial Results MAP 2025 drove adjusted EBIT growth despite soft DIY markets Q4 Q4 CONSUMER ($ in millions, except margins) 2025 2024 % Change Sales Components GROUP Sales $691.5 $702.5 -1.6% • Organic -3.8% EBIT1 $113.6 $113.2 +0.3% • Acquisitions / +2.3% Divestitures A
Slide 13: MAP 2025 Enables Increased Return of Cash to Shareholders
MAP 2025 Enables Increased Return of Cash to Shareholders Cash Returned to Shareholders Through Balance Sheet and Cash Flow Update Dividends and Share Repurchases • In FY25, returned $38.7 million, or 13.5% more, to shareholders through dividends and repurchases vs. FY24, enabled by MAP 2025 $325.6
Slide 14: Outlook FY26
Outlook FY26 FY26 OUTLOOK (YOY) SALES | Consolidated +LSD % to +MSD % ADJUSTED EBIT | Consolidated +HSD % to +LDD % Expected Trends in FY26 (+) Operating efficiency initiatives (-) Economic / geopolitical uncertainty (+) Pricing (-) Consumer confidence (+) High-performance buildings / infrastructure
Slide 15: Outlook Q1-26
Outlook Q1-26 Q1-26 OUTLOOK (YOY) SALES | Consolidated +LSD % to +MSD % Similar, with Consumer slightly SALES | By Segment higher due to M&A ADJUSTED EBIT | Consolidated +LSD % to +MSD % Expected Trends in Q1 (+) Efficiency improvements incl. MAP 2025 carry-overs (-) Economic / geopolitical uncertai
Slide 16: Appendix: Reconciliation of Non-GAAP to GAAP Measures
Appendix Reconciliation of Non-GAAP to GAAP Measures
Slide 17: Consolidated Statements of Income: Three Months
Consolidated Statements of Income: Three Months ($ in thousands, except per share and percent data) (Unaudited) Three Months Ended May 31, 2025 % 2024 % % Change Net Sales $ 2,081,975 $ 2,008,163 3.7 Cost of Sales 1,200,204 57.6 1,177,583 58.6 Gross Profit 881,771 42.4 830,580 41.4 SG&A 592,845 28.5
Slide 18: Consolidated Statements of Income: Fiscal Year
Consolidated Statements of Income: Fiscal Year ($ in thousands, except per share and percent data) (Unaudited) Fiscal Year Ended May 31, 2025 % 2024 % % Change Net Sales $ 7,372,644 $ 7,335,277 0.5 Cost of Sales 4,322,166 58.6 4,320,688 58.9 Gross Profit 3,050,478 41.4 3,014,589 41.1 SG&A 2,150,537
Slide 19: Non-GAAP Financial Measures
Non-GAAP Financial Measures The following are the non-GAAP financial measures used in this presentation: *Interest (Income) Expense, Net includes the combination of interest (income) expense and investment (income) expense, net. **EBIT is defined as earnings (loss) before interest and taxes. Managem
Slide 20: Adjustments Detail
Adjustments Detail a. Includes charges incurred related to headcount reductions, facility closures and asset impairments recorded in "Restructuring Expense" on the Consolidated Statements of Income. Restructuring Expense totaled $6.8 million and $15.9 million for the quarters ended May 31, 2025 and
Slide 21: Reconciliation of "Reported" to "Adjusted" EPS: Three Months
Reconciliation of "Reported" to "Adjusted" EPS: Three Months (Unaudited) Reconciliation of Reported Earnings per Diluted Share to Adjusted Three Months Ended May 31, Earnings per Diluted Share (All amounts presented after-tax): 2025 2024 Reported Earnings per Diluted Share $ 1.76 $ 1.40 Restructurin
Slide 22: Reconciliation of "Reported" to "Adjusted" EPS: Fiscal Year
Reconciliation of "Reported" to "Adjusted" EPS: Fiscal Year (Unaudited) Reconciliation of Reported Earnings per Diluted Share to Adjusted Fiscal Year Ended May 31, Earnings per Diluted Share (All amounts presented after-tax): 2025 2024 Reported Earnings per Diluted Share $ 5.35 $ 4.56 Restructuring
Slide 23: EBIT (Non-GAAP Measure): RPM Consolidated: Three Months
EBIT** (Non-GAAP Measure): RPM Consolidated: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended May 31, 2025 2024 Net Income $ 226,009 $ 180,836 Provision for Income Taxes 22,367 58,442 Income Before Income Taxes 248,376 239,278 Interest Expense 25,939 27,276 Investmen
Slide 24: EBIT (Non-GAAP Measure): RPM Consolidated: Fiscal Year
EBIT** (Non-GAAP Measure): RPM Consolidated: Fiscal Year ($ in thousands, except percent data) Fiscal Year Ended May 31, (Unaudited) 2025 2024 Net Income $ 690,327 $ 589,442 Provision for Income Taxes 102,433 198,395 Income Before Income Taxes 792,760 787,837 Interest Expense 96,543 117,969 Investme
Slide 25: EBIT (Non-GAAP Measure): Construction Products Segment: Three Months
EBIT** (Non-GAAP Measure): Construction Products Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended May 31, 2025 2024 Income Before Income Taxes $ 153,455 $ 131,429 Add: Interest Expense, Net* 588 551 EBIT** (non-GAAP measure) 154,043 131,980 Restructuring and
Slide 26: EBIT (Non-GAAP Measure): Construction Products Segment: Fiscal Year
EBIT** (Non-GAAP Measure): Construction Products Segment: Fiscal Year ($ in thousands, except percent data) (Unaudited) Fiscal Year Ended May 31, 2025 2024 Income Before Income Taxes $ 426,028 $ 385,339 Add: Interest Expense, Net* 2,494 5,170 EBIT** (non-GAAP measure) 428,522 390,509 Restructuring a
Slide 27: EBIT (Non-GAAP Measure): Performance Coatings Segment: Three Months
EBIT** (Non-GAAP Measure): Performance Coatings Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended May 31, 2025 2024 Income Before Income Taxes $ 54,711 $ 46,589 Add: Interest (Income), Net* (580) (889) EBIT** (non-GAAP measure) 54,131 45,700 Restructuring and
Slide 28: EBIT (Non-GAAP Measure): Performance Coatings Segment: Fiscal Year
EBIT** (Non-GAAP Measure): Performance Coatings Segment: Fiscal Year ($ in thousands, except percent data) (Unaudited) Fiscal Year Ended May 31, 2025 2024 Income Before Income Taxes $ 225,594 $ 199,951 Add: Interest (Income), Net* (2,335) (4,642) EBIT** (non-GAAP measure) 223,259 195,309 Restructuri
Slide 29: EBIT (Non-GAAP Measure): Specialty Products Segment: Three Months
EBIT** (Non-GAAP Measure): Specialty Products Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended May 31, 2025 2024 (Loss) Income Before Income Taxes $ (10,763) $ 7,439 Add: Interest Expense, Net* 126 89 EBIT** (non-GAAP measure) (10,637) 7,528 Restructuring an
Slide 30: EBIT (Non-GAAP Measure): Specialty Products Segment: Fiscal Year
EBIT** (Non-GAAP Measure): Specialty Products Segment: Fiscal Year ($ in thousands, except percent data) Fiscal Year Ended May 31, (Unaudited) 2025 2024 Income Before Income Taxes $ 26,391 $ 43,784 Add: Interest Expense (Income), Net* 439 (204) EBIT** (non-GAAP measure) 26,830 43,580 Restructuring a
Slide 31: EBIT (Non-GAAP Measure): Consumer Segment: Three Months
EBIT** (Non-GAAP Measure): Consumer Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended May 31, 2025 2024 Income Before Income Taxes $ 113,441 $ 113,146 Add: Interest Expense, Net* 129 58 EBIT** (non-GAAP measure) 113,570 113,204 Restructuring and other related
Slide 32: EBIT (Non-GAAP Measure): Consumer Segment: Fiscal Year
EBIT** (Non-GAAP Measure): Consumer Segment: Fiscal Year ($ in thousands, except percent data) (Unaudited) Fiscal Year Ended May 31, 2025 2024 Income Before Income Taxes $ 357,900 $ 408,200 Add: Interest Expense (Income), Net* 585 (2,561) EBIT** (non-GAAP measure) 358,485 405,639 Restructuring and o