Rpm International Inc. · NYSE:RPM
Rpm International — Q4 2026 Earnings Presentation
31 slides from Rpm International's earnings presentation, Jul 22, 2026
Slide 1: Fiscal 2026 Fourth-Quarter and Full Year Results
Fiscal 2026 Fourth-Quarter and Full Year Results July 22, 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: Growth in All Segments Leads to Record Q4 Results
Growth in All Segments Leads to Record Q4 Results Focus on competitive strengths and efficiency initiatives drives broad-based growth 18% FINANCIAL HIGHLIGHTS Q4-26 YoY Growth 14.6% $2.23B 12% Q4 RECORD REVENUE SALES 10.6% +7.2% FROM PY ADJ. EBIT¹ 8.8% 7.7% 6% 7.0% 7.2% $338.6M 5.0% Q4 RECORD ADJUST
Slide 4: Procurement Actions and Pricing Mitigate Inflationary Pressures
Procurement Actions and Pricing Mitigate Inflationary Pressures RPM RAW MATERIAL OVERVIEW • Generally good supply availability globally EUROPE • Tightness in some propylene oxide derived 15% of FY26 total sales products and MDI due to supplier issues • Good supply availability • Spot prices have dec
Slide 5: Operational Improvements Continue to Drive Record Results
Operational Improvements Continue to Drive Record Results Previously announced Continuing to 620 $30 million EXPANDING $75 million in FY27 implement operational Trained of Green Belt methodology to SG&A-focused benefits Green Belts Projects in administrative improvements pipeline functions remains o
Slide 6: Structural Improvements to Operating Cash Flow
Structural Improvements to Operating Cash Flow Average Annual Cash Provided by Operating Activities $1,000 $800 $841.6 $600 In millions $400 $446.9 $200 $0 4 Years Prior to MAP 2025 Since MAP 2025 (FY19-FY22) (FY23-FY26) Fiscal 2026 Fourth-Quarter and Full Year Results | July 22, 2026 6
Slide 7: Fiscal 2026 Fourth-Quarter Financial Results | Consolidated
Fiscal 2026 Fourth-Quarter Financial Results | Consolidated Margin expansion in an inflationary environment ($ in millions, except Q4 Q4 KEY POINTS 2026 2025 % Change per share amounts) • Record sales driven by engineered solutions for high- performance buildings and infrastructure projects, M&A and
Slide 8: Sales Growth in USD by Region | Q4-26
Sales Growth in USD by Region | Q4-26 TOTAL RPM KEY POINTS +7.2% • Double-digit growth in emerging markets, driven by strong demand EUROPE for engineered solutions for high- NORTH AMERICA 15% of Q4 total sales performance building and 77% of Q4 total sales +11.1% infrastructure projects +5.1% ASIA/P
Slide 9: Construction Products Group
Fiscal 2026 Fourth-Quarter Financial Results Broad-based growth leads to record results CONSTRUCTION ($ in millions, except margins) Q4 Q4 2026 2025 % Change Sales Components PRODUCTS GROUP Sales $904.2 $831.1 +8.8% • Organic +5.7% EBIT1 $167.7 $148.7 +12.8% • Acquisitions / +1.6% divestitures Adjus
Slide 10: Performance Coatings Group
Fiscal 2026 Fourth-Quarter Financial Results Record results driven by fireproofing and food coatings and ingredients PERFORMANCE ($ in millions, except margins) Q4 Q4 2026 2025 % Change Sales Components COATINGS GROUP Sales $562.8 $536.2 +5.0% • Organic +2.2% EBIT1 $83.0 $66.1 +25.6% • Acquisitions
Slide 11: Consumer Group
Fiscal 2026 Fourth-Quarter Financial Results Record results driven by M&A and operational improvement benefits Q4 Q4 CONSUMER GROUP ($ in millions, except margins) 2026 2025 % Change Sales Components Sales $764.8 $714.6 +7.0% • Organic -0.8% EBIT1 $107.4 $96.3 +11.5% • Acquisitions +7.2% Adjusted EB
Slide 12: Working Capital Efficiency and Record Earnings Enable Strong Cash Flow
Working Capital Efficiency and Record Earnings Enable Strong Cash Flow Cash Provided by Operating Activities Cash Flow and Balance Sheet Update • Structural working capital efficiency and margin $1,200 2nd highest in improvements enabled by MAP resulted in FY26 operating company history cash flow be
Slide 13: Compelling Value Proposition from RPM Systems
Compelling Value Proposition from RPM Systems • Guarantees of high performance Value to Building Owners • Simplified procurement • Improved construction times Tremco Wall System Tremco Stonhard Roof System Floor System • More RPM products per project Value to RPM • Competitive advantage • Strong M&A
Slide 14: Q1-27 Outlook
Q1-27 Outlook CURRENT Q1-27 OUTLOOK (YOY) SALES | Consolidated +MSD% range Construction Products Group +MSD% range Performance Coatings Group +MSD% range Consumer Group +MSD% range ADJUSTED EBITDA | Consolidated +MSD% range Expected Trends in Q1-27 (+) SG&A-focused optimization actions (-) Economic
Slide 15: FY27 Full-Year Outlook
FY27 Full-Year Outlook CURRENT FY-27 OUTLOOK (YOY) SALES | Consolidated +3% to +7% ADJUSTED EBITDA | Consolidated +5% to +10% Expected Trends in FY27 (+) New MAP 3.0 program (-) Economic uncertainty (+) Previously announced $75M SG&A-focused savings (-) Inflation, particularly in 1H-27 (+) Pricing t
Slide 16: Appendix
Appendix Reconciliation of Non-GAAP to GAAP Measures
Slide 17: Consolidated Statements of Income: Three Months
Consolidated Statements of Income: Three Months ($ in thousands, except per share and percent data) (Unaudited) Three Months Ended May 31, 2026 % 2025 % % Change Net Sales $ 2,231,835 $ 2,081,975 7.2 Cost of Sales 1,281,809 57.4 1,200,204 57.6 Gross Profit 950,026 42.6 881,771 42.4 SG&A 635,259 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, 2026 % 2025 % % Change Net Sales $ 7,863,422 $ 7,372,644 6.7 Cost of Sales 4,605,197 58.6 4,322,166 58.6 Gross Profit 3,258,225 41.4 3,050,478 41.4 SG&A 2,292,130
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 and facility closures recorded in "Restructuring Expense" on the Consolidated Statements of Income. Restructuring Expense related to MAP 2025 totaled $1.9 million and $6.8 million for the quarters ended May 31, 2026 and
Slide 21: Adjustments Detail Continued
Adjustments Detail Continued F. Includes expenses incurred to consolidate accounting locations, costs incurred to implement technologies and processes to drive improved data analytics/decision making and cost incurred to implement new global manufacturing methodologies with the goal of improving ope
Slide 22: 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): 2026 2025 Reported Earnings per Diluted Share $ 1.73 $ 1.76 MAP 2025 res
Slide 23: 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): 2026 2025 Reported Earnings per Diluted Share $ 5.17 $ 5.35 MAP 2025 restr
Slide 24: EBIT to Adjusted EBIT: RPM Consolidated Three Months
EBIT** (Non-GAAP Measure): RPM Consolidated: Three Months ($ in thousands, except percent data) Three Months Ended May 31, (Unaudited) 2026 2025 Net Income $ 221,555 $ 226,009 Provision for Income Taxes 70,436 22,367 Income Before Income Taxes 291,991 248,376 Interest Expense 27,266 25,939 Investmen
Slide 25: EBIT to Adjusted EBIT: RPM Consolidated Fiscal Year
EBIT** (Non-GAAP Measure): RPM Consolidated: Fiscal Year ($ in thousands, except percent data) Fiscal Year Ended May 31, (Unaudited) 2026 2025 Net Income $ 662,483 $ 690,327 Provision for Income Taxes 207,857 102,433 Income Before Income Taxes 870,340 792,760 Interest Expense 111,544 96,543 Investme
Slide 26: EBIT to Adjusted EBIT: Construction Products Three Months
EBIT** (Non-GAAP Measure): Construction Products Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended May 31, 2026 2025 Income Before Income Taxes $ 167,503 $ 148,103 Add: Interest Expense, Net* 216 586 EBIT** (non-GAAP measure) 167,719 148,689 MAP 2025 restruct
Slide 27: EBIT to Adjusted EBIT: Construction Products Fiscal Year
EBIT** (Non-GAAP Measure): Construction Products Segment: Fiscal Year ($ in thousands, except percent data) (Unaudited) Fiscal Year Ended May 31, 2026 2025 Income Before Income Taxes $ 448,328 $ 425,111 Add: Interest Expense, Net* 2,475 2,496 EBIT** (non-GAAP measure) 450,803 427,607 MAP 2025 restru
Slide 28: EBIT to Adjusted EBIT: Performance Coatings Three Months
EBIT** (Non-GAAP Measure): Performance Coatings Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended May 31, 2026 2025 Income Before Income Taxes $ 83,641 $ 66,738 Add: Interest (Income), Net* (653) (664) EBIT** (non-GAAP measure) 82,988 66,074 MAP 2025 restruct
Slide 29: EBIT to Adjusted EBIT: Performance Coatings Fiscal Year
EBIT** (Non-GAAP Measure): Performance Coatings Segment: Fiscal Year ($ in thousands, except percent data) Fiscal Year Ended May 31, (Unaudited) 2026 2025 Income Before Income Taxes $ 309,044 $ 277,975 Add: Interest (Income), Net* (3,175) (2,734) EBIT** (non-GAAP measure) 305,869 275,241 MAP 2025 re
Slide 30: EBIT to Adjusted EBIT: Consumer Three Months
EBIT** (Non-GAAP Measure): Consumer Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended May 31, 2026 2025 Income Before Income Taxes $ 107,265 $ 96,003 Add: Interest Expense, Net* 127 341 EBIT** (non-GAAP measure) 107,392 96,344 MAP 2025 restructuring and other
Slide 31: EBIT to Adjusted EBIT: Consumer Fiscal Year
EBIT** (Non-GAAP Measure): Consumer Segment: Fiscal Year ($ in thousands, except percent data) (Unaudited) Fiscal Year Ended May 31, 2026 2025 Income Before Income Taxes $ 362,445 $ 332,827 Add: Interest Expense, Net* 363 1,421 EBIT** (non-GAAP measure) 362,808 334,248 MAP 2025 restructuring and oth