Rpm International Inc. · NYSE:RPM
Rpm International — Q3 2026 Earnings Presentation
30 slides from Rpm International's earnings presentation, Apr 8, 2026
Slide 1: Fiscal 2026 Third-Quarter Results
Fiscal 2026 Third-Quarter Results April 8, 2026
Slide 2: Forward-Looking Statements & Regulation G
Forward-Looking Statements & Regulation G This presentation includes 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 uncertai
Slide 3: Broad-Based Strength Generates Record Results
Broad-Based Strength Generates Record Results Improved volumes leverage operational improvements to drive margin expansion 178.8% Q3-26 50% FINANCIAL HIGHLIGHTS YoY Growth 48.8% SALES $1.61B ADJ. EBIT1 Q3 RECORD REVENUE 25% +8.9% FROM PY 20.0% $116.4M RECORD Q3 ✓ 10.5% ✓ ✓ ✓ 15.0% ✓ ✓ Q3 RECORD ADJU
Slide 4: Realizing the Power of RPM
Realizing the Power of RPM • Focus on maintenance and restoration GROWTH • Turnkey solutions • System solutions • New products Continue targeted growth investments + in highest potential opportunities • MS-168 manufacturing improvements EFFICIENCY • Center-led procurement • Organizational optimizati
Slide 5: Proactive Raw Material Strategy Mitigates Supply Disruption
Proactive Raw Material Strategy Mitigates Supply Disruption RPM RAW MATERIAL OVERVIEW • Raw materials are in low 60% range as EUROPE percentage of COGS 16% of YTD total sales • Contract structure & long-term partnerships • Good supply availability help assure supply and mitigate inflation NORTH AMER
Slide 6: Fiscal 2026 Third-Quarter Financial Results | Consolidated
Fiscal 2026 Third-Quarter Financial Results | Consolidated Strong margin expansion through volume growth and operational efficiencies ($ in millions, except Q3 Q3 KEY POINTS 2026 2025 % Change per share amounts) • Sales growth driven by engineered solutions for high- performance buildings, M&A and F
Slide 7: Sales Growth in USD by Region | Q3-26
Sales Growth in USD by Region | Q3-26 KEY POINTS • Europe growth driven by M&A EUROPE and F/X NORTH AMERICA 17% of Q3 total sales • North America growth driven by 74% of Q3 total sales +20.1% high-performance building solutions +6.3% ASIA/PACIFIC and M&A 3% of Q3 total sales +16.1% • Growth in all e
Slide 8: Construction Products Group Results
Fiscal 2026 Third-Quarter Financial Results Broad-based growth leads to record sales CONSTRUCTION ($ in millions, except margins) Q3 Q3 2026 2025 % Change Sales Components PRODUCTS GROUP Sales $546.7 $494.8 +10.5% • Organic +6.9% EBIT1 $23.6 $8.6 +174.3% • Acquisitions +0.2% Adjusted EBIT1 $30.3 $10
Slide 9: Performance Coatings Group Results
Fiscal 2026 Third-Quarter Financial Results Record results driven by strength across all business units PERFORMANCE ($ in millions, except margins) Q3 Q3 2026 2025 % Change Sales Components COATINGS GROUP Sales $496.8 $458.4 +8.4% • Organic +5.1% EBIT1 $60.1 $53.0 +13.4% • Acquisitions +0.9% Adjuste
Slide 10: Consumer Group Results
Fiscal 2026 Third-Quarter Financial Results Strong adjusted EBIT growth driven by MAP operational improvement initiatives Q3 Q3 CONSUMER GROUP ($ in millions, except margins) 2026 2025 % Change Sales Components Sales $564.5 $523.3 +7.9% • Organic -2.4% EBIT1 $45.7 $44.4 +3.0% • Acquisitions +9.0% Ad
Slide 11: Strong Operating Cash Flow Driven by Working Capital Efficiency
Strong Operating Cash Flow Driven by Working Capital Efficiency Cash Provided by Operating Activities Q3-26 Cash Flow and Balance Sheet Update • Through first 9 months of FY26, cash flow from operations $656.7 was the 2nd highest in company history $650 • Returned $255.3 million to shareholders thro
Slide 12: Maintenance, Repair and Restoration Focus Adds Stability in Volatile Markets
Maintenance, Repair and Restoration Focus Adds Stability in Volatile Markets Grill restoration Façade restoration Municipal water pipe restoration BEFORE BEFORE AFTER AFTER AFTER AFTER AFTER BEFORE BEFORE BEFORE Roof restoration HVAC restoration Factory floor restoration Fiscal 2026 Third-Quarter Re
Slide 13: Improving Energy Efficiency Through Superior Building Envelope Systems
Improving Energy Efficiency Through Superior Building Envelope Systems + • Up to 60% annual energy • Can increase R-value by over 50%² • Reduced energy consumption savings vs. wood frame wall¹ • New construction or restoration • Ability to receive improved • Wind resistant to 250 mph • Customizable
Slide 14: Reaffirming Q4-26 Outlook
Reaffirming Q4-26 Outlook CURRENT Q4-26 OUTLOOK (YOY) SALES | Consolidated Reaffirming +MSD% range ADJUSTED EBIT | Consolidated Reaffirming +LSD% to +HSD% range Expected Trends in Q4-26 (+) SG&A-focused optimization actions (-) Economic uncertainty (+) Pricing to recover inflation (-) Inflation (+)
Slide 15: Appendix
Appendix Reconciliation of Non-GAAP to GAAP Measures
Slide 16: Consolidated Statements of Income: Three Months
Consolidated Statements of Income: Three Months ($ in thousands, except per share and percent data) Three Months Ended (Unaudited) February 28, 2026 % February 28, 2025 % % Change Net Sales $ 1,607,949 $ 1,476,562 8.9 Cost of Sales 973,133 60.5 909,072 61.6 Gross Profit 634,816 39.5 567,490 38.4 SG&
Slide 17: Consolidated Statements of Income: Nine Months
Consolidated Statements of Income: Nine Months ($ in thousands, except per share and percent data) (Unaudited) Nine Months Ended February 28, 2026 % February 28, 2025 % % Change Net Sales $ 5,631,587 $ 5,290,669 6.4 Cost of Sales 3,323,388 59.0 3,121,962 59.0 Gross Profit 2,308,199 41.0 2,168,707 41
Slide 18: 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 19: Adjustments Detail
Adjustments Detail a. Includes charges incurred related to headcount reductions and facility closures recorded in "Restructuring Expense" on the Consolidated Statements of Income. Restructuring Expense related to MAP 2025 totaled $3.0 million and $3.5 million for the quarters ended February 28, 2026
Slide 20: Adjustments Detail Continued
Adjustments Detail Continued f. Fiscal 2026 reflects gains recorded in “SG&A” associated with the divestiture of a product line and a waterproofing services business within our CPG segment. Fiscal 2025 reflects gains recorded in “SG&A” associated with post-closing adjustments for the sale of the non
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 Earnings per Diluted Share (All amounts presented after-tax): February 28, 2026 February 28, 2025 Reported Earnings per Diluted Share $ 0.40 $
Slide 22: Reconciliation of Reported to Adjusted EPS: Nine Months
Reconciliation of "Reported" to "Adjusted" EPS: Nine Months (Unaudited) Reconciliation of Reported Earnings per Diluted Share to Adjusted Nine Months Ended Earnings per Diluted Share (All amounts presented after-tax): February 28, 2026 February 28, 2025 Reported Earnings per Diluted Share $ 3.43 $ 3
Slide 23: EBIT (Non-GAAP): RPM Consolidated: Three Months
EBIT** (Non-GAAP Measure): RPM Consolidated: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended February 28, 2026 February 28, 2025 Net Income $ 51,614 $ 52,314 Provision (Benefit) for Income Taxes 17,693 (11,363) Income Before Income Taxes 69,307 40,951 Interest Expen
Slide 24: EBIT (Non-GAAP): RPM Consolidated: Nine Months
EBIT** (Non-GAAP Measure): RPM Consolidated: Nine Months ($ in thousands, except percent data) Nine Months Ended (Unaudited) February 28, 2026 February 28, 2025 Net Income $ 440,928 $ 464,318 Provision for Income Taxes 137,421 80,066 Income Before Income Taxes 578,349 544,384 Interest Expense 84,278
Slide 25: EBIT (Non-GAAP): Construction Products Segment: Three Months
EBIT** (Non-GAAP Measure): Construction Products Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended February 28, 2026 February 28, 2025 Income Before Income Taxes $ 22,884 $ 8,065 Add: Interest Expense, Net* 728 542 EBIT** (non-GAAP measure) 23,612 8,607 MAP 2
Slide 26: EBIT (Non-GAAP): Construction Products Segment: Nine Months
EBIT** (Non-GAAP Measure): Construction Products Segment: Nine Months ($ in thousands, except percent data) (Unaudited) Nine Months Ended February 28, 2026 February 28, 2025 Income Before Income Taxes $ 280,825 $ 277,008 Add: Interest Expense, Net* 2,259 1,910 EBIT** (non-GAAP measure) 283,084 278,9
Slide 27: EBIT (Non-GAAP): Performance Coatings Segment: Three Months
EBIT** (Non-GAAP Measure): Performance Coatings Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended February 28, 2026 February 28, 2025 Income Before Income Taxes $ 61,025 $ 53,792 Add: Interest (Income), Net* (974) (829) EBIT** (non-GAAP measure) 60,051 52,963
Slide 28: EBIT (Non-GAAP): Performance Coatings Segment: Nine Months
EBIT** (Non-GAAP Measure): Performance Coatings Segment: Nine Months ($ in thousands, except percent data) Nine Months Ended (Unaudited) February 28, 2026 February 28, 2025 Income Before Income Taxes $ 225,403 $ 211,237 Add: Interest (Income), Net* (2,522) (2,070) EBIT** (non-GAAP measure) 222,881 2
Slide 29: EBIT (Non-GAAP): Consumer Segment: Three Months
EBIT** (Non-GAAP Measure): Consumer Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended February 28, 2026 February 28, 2025 Income Before Income Taxes $ 45,750 $ 44,139 Add: Interest (Income) Expense, Net* (20) 266 EBIT** (non-GAAP measure) 45,730 44,405 MAP 20
Slide 30: EBIT (Non-GAAP): Consumer Segment: Nine Months
EBIT** (Non-GAAP Measure): Consumer Segment: Nine Months ($ in thousands, except percent data) Nine Months Ended (Unaudited) February 28, 2026 February 28, 2025 Income Before Income Taxes $ 255,180 $ 236,824 Add: Interest Expense, Net* 236 1,080 EBIT** (non-GAAP measure) 255,416 237,904 MAP 2025 res