Rpm International Inc. · NYSE:RPM
Rpm International — Q1 2027 Earnings Presentation
24 slides from Rpm International's earnings presentation, Oct 6, 2026
Slide 1: Fiscal 2027 First-Quarter Results
Fiscal 2027 First-Quarter Results October 6, 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: Record Results Despite Sluggish End Markets
Record Results Despite Sluggish End Markets PCG & Consumer Strength + MAP Benefits Offset Temporary CPG Softness Q1-27 YoY Growth FINANCIAL HIGHLIGHTS SALES ADJ. EBITDA¹ 8% 25% $2.22B ✓ Q1 RECORD REVENUE +4.8% FROM PY 6% ✓ ✓ 20% 15% 18.2% 4% 4.8% ✓ $405.5M 4.5% 10% 10.2% ✓ Q1 RECORD ADJUSTED EBITDA
Slide 4: SG&A Optimization Actions Support Adjusted EBITDA Margins
SG&A Optimization Actions Support Adjusted EBITDA Margins Essentially flat as SG&A 100 bps headwind optimization offset gross primarily from inflation margin pressure 20% 42% 18% 18.4% 42.3% 18.3% 41.3% 16% 38% 14% 12% Q1-26 Q1-27 Q1-26 Q1-27 34% 10% Gross Margin Adjusted EBITDA Margin¹ (1) Adjusted
Slide 5: Sales Growth in USD by Region | Q1-27
Sales Growth in USD by Region | Q1-27 TOTAL RPM KEY POINTS +4.8% • >20% growth in emerging markets (Platform Group), driven by strong EUROPE demand for engineered solutions for NORTH AMERICA 15% of Q1 total sales high-performance building and 77% of Q1 total sales +5.9% infrastructure projects +2.6%
Slide 6: Fiscal 2027 First-Quarter Financial Results | Consolidated
Fiscal 2027 First-Quarter Financial Results | Consolidated MAP Benefits and Balanced Business Model Drive Record Results ($ in millions, except Q1 Q1 KEY POINTS 2027 2026 % Change per share amounts) • Record sales driven by solid organic growth at PCG & Consumer, including pricing to offset inflatio
Slide 7: Construction Products Group
Fiscal 2027 First-Quarter Financial Results Raw Material Shortages Contribute to Organic Sales Declines CONSTRUCTION ($ in millions, except margins) Q1 Q1 2027 2026 % Change Sales Components PRODUCTS GROUP Sales $859.2 $852.0 +0.8% • Organic -1.7% • Acquisitions / Adjusted EBITDA1 $166.2 $183.9 -9.7
Slide 8: Performance Coatings Group
Fiscal 2027 First-Quarter Financial Results Record results driven by broad-based strength PERFORMANCE ($ in millions, except margins) Q1 Q1 2027 2026 % Change Sales Components COATINGS GROUP Sales $629.7 $571.6 +10.2% • Organic +7.9% Adjusted EBITDA1 $121.1 $102.4 +18.2% • Acquisitions +1.8% Adjuste
Slide 9: Consumer Group
Fiscal 2027 First-Quarter Financial Results Solid results driven by shelf space wins and MAP benefits Q1 Q1 CONSUMER GROUP ($ in millions, except margins) 2027 2026 % Change Sales Components Sales $726.7 $690.2 +5.3% • Organic +5.2% Adjusted EBITDA1 $146.6 $139.0 +5.5% • Acquisitions +0.3% Adjusted
Slide 10: Continued Working Capital Efficiency Driven by MAP
Continued Working Capital Efficiency Driven by MAP Working Capital as a Percentage of Sales¹ Cash Flow and Balance Sheet Update 24% 23.7% • Working capital efficiency drives 150 bps improvement 150 bps improvement despite supply chain disruptions • Returned $90.5 million to shareholders through shar
Slide 11: Platform Group Providing Engineered Solutions for High-Performance Buildings
Platform Group Providing Engineered Solutions for High-Performance Buildings Fire Protection Fire Protection Aerospace Facility Data Center Middle East India Roof Restoration Floor System Entertainment Semiconductor Venue Plant Africa Southeast Asia Fiscal 2027 First-Quarter Results | October 6, 202
Slide 12: RPM Taking Actions to Offset Higher Inflation
RPM Taking Actions to Offset Higher Inflation RPM RAW MATERIAL OVERVIEW CURRENT INFLATION EXPECTATION: • Generally good supply availability globally • Q2-27: 9% to 11% (previously 6% to 8%) • Polyurethane product shortages have improved, but • Q3-27: 7% to 9% higher costs will impact P&L in Q2-27 •
Slide 13: Q2-27 Outlook
Q2-27 Outlook Q2-27 OUTLOOK (YOY) SALES | Consolidated +LSD% to +MSD% range Construction Products Group +LSD% range Performance Coatings Group +MSD% to +HSD% range Consumer Group +LSD% to +MSD% range ADJUSTED EBITDA | Consolidated +LSD% to +MSD% range Expected Trends in Q2-27 (+) SG&A-focused optimi
Slide 14: FY27 Full-Year Outlook
FY27 Full-Year Outlook FY-27 OUTLOOK (YOY) SALES | Consolidated +MSD% (prior outlook +3% to +7%) ADJUSTED EBITDA | Consolidated +MSD% (prior outlook +5% to +10%) Expected Trends in FY27 (+) New MAP program (-) Economic uncertainty (+) Previously announced $75M SG&A-focused savings (-) Inflation (+)
Slide 15: Appendix: Reconciliation of Non-GAAP to GAAP Measures
Appendix Reconciliation of Non-GAAP to GAAP Measures
Slide 16: Consolidated Statements of Income: Three Months
Consolidated Statements of Income: Three Months ($ in thousands, except per share and percent data) (Unaudited) Three Months Ended August 31, 2026 % 2025 % % Change Net Sales $ 2,215,593 $ 2,113,743 4.8 Cost of Sales 1,301,631 58.7 1,220,527 57.7 Gross Profit 913,962 41.3 893,216 42.3 SG&A 559,768 2
Slide 17: 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 18: 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 $0.7 million and $8.8 million for the three months ended August 31, 20
Slide 19: Adjustments Detail Continued
Adjustments Detail Continued F. Amortization of inventory fair value adjustments related to acquisitions recorded in “Cost of Sales”. G. Fair value adjustments of the earn-out liabilities associated with two small acquisitions, which were recorded in "SG&A". Management does not consider these gains
Slide 20: 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): 2026 2025 Reported Earnings per Diluted Share $ 2.01 $ 1.77 MAP 2025
Slide 21: EBITDA (Non-GAAP Measure): RPM Consolidated: Three Months
EBITDA** (Non-GAAP Measure): RPM Consolidated: Three Months ($ in thousands, except percent data) Three Months Ended August 31, (Unaudited) 2026 2025 Net Income $ 256,626 $ 227,840 Provision for Income Taxes 80,427 70,207 Income Before Income Taxes 337,053 298,047 Interest Expense 25,535 29,326 Inve
Slide 22: EBITDA (Non-GAAP Measure): Construction Products Segment
EBITDA** (Non-GAAP Measure): Construction Products Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended August 31, 2026 2025 Income Before Income Taxes $ 149,110 $ 159,184 Add: Interest Expense, Net* 896 1,623 EBIT** (non-GAAP measure) 150,006 160,807 MAP 2025 r
Slide 23: EBITDA (Non-GAAP Measure): Performance Coatings Segment
EBITDA** (Non-GAAP Measure): Performance Coatings Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended August 31, 2026 2025 Income Before Income Taxes $ 107,302 $ 86,795 Add: Interest (Income), Net* (1,716) (1,730) EBIT** (non-GAAP measure) 105,586 85,065 MAP 20
Slide 24: EBITDA (Non-GAAP Measure): Consumer Segment
EBITDA** (Non-GAAP Measure): Consumer Segment: Three Months ($ in thousands, except percent data) (Unaudited) Three Months Ended August 31, 2026 2025 Income Before Income Taxes $ 132,279 $ 108,837 Add: Interest Expense, Net* 118 272 EBIT** (non-GAAP measure) 132,397 109,109 MAP 2025 restructuring an