Rpm International Inc. · NYSE:RPM
Rpm International — Q1 2026 Earnings Presentation
22 slides from Rpm International's earnings presentation, Oct 1, 2025
Slide 1: Fiscal 2026 First-Quarter Results
Fiscal 2026 First-Quarter Results October 1, 2025
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 Pivot to Growth
Broad-Based Pivot to Growth All 3 segments grew sales and adjusted EBIT FINANCIAL HIGHLIGHTS Q1-26 YoY Growth 12% Sales 11.0% Adj. EBIT¹ 9.9% 8% $2.11B 4% 6.5% 6.6% 7.4% Q1 RECORD REVENUE 4.8% +7.4% FROM PY 3.1% 2.9% 0% $337.8M CPG PCG Consumer Operating Q1 RECORD ADJUSTED EBIT ¹ Companies +2.9% FRO
Slide 4: Self-Help Drives Record Q1-26 Results in Challenging Environment
Self-Help Drives Record Q1-26 Results in Challenging Environment Turnkey Offerings Innovation Strategic M&A Engineered Solutions System Selling Repair & Maintenance Talent Development Efficiency Gains Fiscal 2026 First-Quarter Results | October 1, 2025 4
Slide 5: Fiscal 2026 First-Quarter Financial Results | Consolidated
Fiscal 2026 First-Quarter Financial Results | Consolidated Strong revenue growth drove record Adjusted EBIT ($ in millions, except Q1 Q1 KEY POINTS 2026 2025 % Change per share amounts) • Strength in systems and turnkey solutions serving high- performance buildings Sales $2,113.7 $1,968.8 +7.4% • Gr
Slide 6: Sales Growth in USD by Region | Q1-26
Sales Growth in USD by Region | Q1-26 KEY POINTS • North America growth driven by EUROPE systems and turnkey solutions 15% of total sales serving high-performance buildings NORTH AMERICA 79% of total sales +20.7% • Europe growth driven by M&A and +5.9% ASIA/PACIFIC favorable F/X 2% of total sales +0
Slide 7: Construction Products Group
Fiscal 2026 First-Quarter Financial Results Record sales and adjusted EBIT driven by systems and turnkey solutions CONSTRUCTION ($ in millions, except margins) Q1 Q1 2026 2025 % Change Sales Components PRODUCTS GROUP Sales $881.4 $828.0 +6.5% • Organic +5.4% EBIT1 $163.9 $161.6 +1.5% • Acquisitions
Slide 8: Performance Coatings Group
Fiscal 2026 First-Quarter Financial Results Broad-based strength resulted in record sales and adjusted EBIT Q1 Q1 PERFORMANCE ($ in millions, except margins) 2026 2025 % Change Sales Components COATINGS GROUP Sales $538.5 $490.0 +9.9% • Organic +6.7% EBIT1 $82.1 $76.5 +7.3% • Acquisitions +2.5% Adju
Slide 9: Consumer Group
Fiscal 2026 First-Quarter Financial Results Acquisitions and MAP 2025 drove adjusted EBIT growth Q1 Q1 CONSUMER GROUP ($ in millions, except margins) 2026 2025 % Change Sales Components Sales $693.8 $650.8 +6.6% • Organic -2.9% EBIT1 $109.0 $106.9 +1.9% • Acquisitions +9.1% Adjusted EBIT1 $119.9 $11
Slide 10: Strong Balance Sheet Enables M&A Activity
Strong Balance Sheet Enables M&A Activity Key Updates • Purchased Ready Seal in Q1-26 following largest year of M&A activity in FY25 • Ready Seal expands wood stains business • Debt increased $617.3 million vs. prior year, driven by acquisitions • Liquidity of $933.4 million at end of Q1-26 • Balanc
Slide 11: Industrial Coatings Group Benefits from Growth Investments and Collaboration
Industrial Coatings Group Benefits from Growth Investments and Collaboration Key Products / Markets WHY ICG HAS OUTGROWN ITS MARKETS • Improved collaboration among businesses • High technical service levels and customer support • New products, aided by Innovation Center of Excellence Powder & Liquid
Slide 12: Outlook Q2-26
Outlook Q2-26 Q2-26 OUTLOOK (YOY) SALES | Consolidated +MSD % Consumer growth moderately SALES | By Segment above CPG and PCG due to M&A ADJUSTED EBIT | Consolidated +MSD % Expected Trends in Q2 (+) Efficiency improvements incl. MAP 2025 carry-overs (-) Economic uncertainty (+) High-performance buil
Slide 13: Outlook FY26
Outlook FY26 FY26 OUTLOOK (YOY) SALES | Consolidated Higher end of +LSD % to +MSD % range ADJUSTED EBIT | Consolidated Lower end of +HSD % to +LDD % range Expected Trends in FY26 (+) Operating efficiency / MAP initiatives (-) Economic uncertainty (+) Pricing to recover inflation (-) Consumer confide
Slide 14: Appendix: Reconciliation of Non-GAAP to GAAP Measures
Appendix Reconciliation of Non-GAAP to GAAP Measures
Slide 15: Consolidated Statements of Income: Three Months
Consolidated Statements of Income: Three Months ($ in thousands, except per share and percent data) (Unaudited) Three Months Ended August 31, 2025 % 2024 % % Change Net Sales $ 2,113,743 $ 1,968,789 7.4 Cost of Sales 1,220,527 57.7 1,132,116 57.5 Gross Profit 893,216 42.3 836,673 42.5 SG&A 573,534 2
Slide 16: 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 17: 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 totaled $8.8 million and $7.2 million for the quarters ended August 31, 2025 and August 31, 2024 r
Slide 18: 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 August 31, Earnings per Diluted Share (All amounts presented after-tax): 2025 2024 Reported Earnings per Diluted Share $ 1.77 $ 1.77 Restructu
Slide 19: 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 August 31, 2025 2024 Net Income $ 227,840 $ 228,554 Provision for Income Taxes 70,207 61,897 Income Before Income Taxes 298,047 290,451 Interest Expense 29,326 24,434 Invest
Slide 20: 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 August 31, 2025 2024 Income Before Income Taxes $ 163,376 $ 161,095 Add: Interest Expense, Net* 565 468 EBIT** (non-GAAP measure) 163,941 161,563 Restructuring
Slide 21: 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 August 31, 2025 2024 Income Before Income Taxes $ 82,679 $ 77,119 Add: Interest (Income), Net* (615) (608) EBIT** (non-GAAP measure) 82,064 76,511 Restructuring
Slide 22: 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 August 31, 2025 2024 Income Before Income Taxes $ 108,761 $ 106,429 Add: Interest Expense, Net* 215 477 EBIT** (non-GAAP measure) 108,976 106,906 Restructuring and other rel