Stock Analysis Report

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Executive Summary

RPM International Inc. manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide.

Snowflake Analysis

Solid track record established dividend payer.

Similar Companies

Share Price & News

How has RPM International's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: RPM's share price has been volatile over the past 3 months.

Market Performance

7 Day Return




US Chemicals


US Market

1 Year Return




US Chemicals


US Market

Return vs Industry: RPM exceeded the US Chemicals industry which returned -2.1% over the past year.

Return vs Market: RPM exceeded the US Market which returned 8.9% over the past year.

Shareholder returns

7 Day5.1%6.7%3.8%
30 Day16.4%19.3%11.4%
90 Day15.2%11.7%6.8%
1 Year35.1%32.3%1.7%-0.7%12.1%9.7%
3 Year51.4%41.3%17.2%-4.6%36.2%27.2%
5 Year77.7%58.3%28.8%0.6%63.7%45.4%

Price Volatility Vs. Market

How volatile is RPM International's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is RPM International undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: RPM ($78.6) is trading above our estimate of fair value ($56.73)

Significantly Below Fair Value: RPM is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: RPM is poor value based on its PE Ratio (31x) compared to the Chemicals industry average (22x).

PE vs Market: RPM is poor value based on its PE Ratio (31x) compared to the US market (16.4x).

Price to Earnings Growth Ratio

PEG Ratio: RPM is poor value based on its PEG Ratio (1.9x)

Price to Book Ratio

PB vs Industry: RPM is overvalued based on its PB Ratio (7.6x) compared to the US Chemicals industry average (2x).

Next Steps

Future Growth

How is RPM International forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RPM's forecast earnings growth (15.9% per year) is above the savings rate (2.2%).

Earnings vs Market: RPM's earnings (15.9% per year) are forecast to grow slower than the US market (22.3% per year).

High Growth Earnings: RPM's earnings are forecast to grow, but not significantly.

Revenue vs Market: RPM's revenue (1.7% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: RPM's revenue (1.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RPM's Return on Equity is forecast to be high in 3 years time (29.2%)

Next Steps

Past Performance

How has RPM International performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RPM has high quality earnings.

Growing Profit Margin: RPM's current net profit margins (5.8%) are higher than last year (3.9%).

Past Earnings Growth Analysis

Earnings Trend: RPM's earnings have grown by 3.8% per year over the past 5 years.

Accelerating Growth: RPM's earnings growth over the past year (50%) exceeds its 5-year average (3.8% per year).

Earnings vs Industry: RPM earnings growth over the past year (50%) exceeded the Chemicals industry -11.3%.

Return on Equity

High ROE: Whilst RPM's Return on Equity (24.36%) is high, this metric is skewed due to their high level of debt.

Next Steps

Financial Health

How is RPM International's financial position?

Financial Position Analysis

Short Term Liabilities: RPM's short term assets ($2.3B) exceed its short term liabilities ($962.1M).

Long Term Liabilities: RPM's short term assets ($2.3B) do not cover its long term liabilities ($3.3B).

Debt to Equity History and Analysis

Debt Level: RPM's debt to equity ratio (189.4%) is considered high.

Reducing Debt: RPM's debt to equity ratio has increased from 150.8% to 189.4% over the past 5 years.

Debt Coverage: RPM's debt is well covered by operating cash flow (20.6%).

Interest Coverage: RPM's interest payments on its debt are well covered by EBIT (6x coverage).

Balance Sheet

Next Steps


What is RPM International's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: RPM's dividend (1.83%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: RPM's dividend (1.83%) is low compared to the top 25% of dividend payers in the US market (4.32%).

Stability and Growth of Payments

Stable Dividend: RPM's dividends per share have been stable in the past 10 years.

Growing Dividend: RPM's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.9%), RPM's dividend payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: RPM's dividends in 3 years are forecast to be well covered by earnings (38.9% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Frank Sullivan (58yo)





Mr. Frank C. Sullivan has been the Chief Executive Officer and President of RPM International Inc. since October 11, 2002 and August 1999 respectively. He served as Chief Operating Officer of RPM Internati ...

CEO Compensation Analysis

Compensation vs Market: Frank's total compensation ($USD8.40M) is about average for companies of similar size in the US market ($USD11.52M).

Compensation vs Earnings: Frank's compensation has increased by more than 20% in the past year.

Leadership Team

Frank Sullivan
Chairman17.67yrsUS$8.40m0.74% $75.0m
Russell Gordon
VP & CFO8.17yrsUS$2.39m0.082% $8.4m
Edward Moore
Senior VP13.42yrsUS$2.06m0.038% $3.9m
Keith Smiley
VP of Finance & Controller8.17yrsUS$1.18m0.082% $8.3m
Janeen Kastner
Vice President of Corporate Benefits & Risk Management12.67yrsUS$1.92m0.059% $6.0m
Michael Sullivan
VP of Operations & Chief Restructuring Officer1yrno datano data
Lonny DiRusso
VP & Chief Information Officer1.67yrsno datano data
Kathie Rogers
Manager of Investor Relationsno datano datano data
Thomas Sullivan
Vice President of Corporate Development12.67yrsno datano data
Michael Matchinga
Director of Human Resource Information Systemsno datano datano data


Average Tenure


Average Age

Experienced Management: RPM's management team is seasoned and experienced (10.4 years average tenure).

Board Members

Frank Sullivan
Chairman17.67yrsUS$8.40m0.74% $75.0m
Bruce Carbonari
Independent Lead Directorno dataUS$218.90k0.017% $1.8m
David Daberko
Independent Director12.67yrsUS$216.40k0.014% $1.4m
Thomas Gross
Independent Director8.17yrsUS$198.90k0.013% $1.3m
Salvatore Fazzolari
Independent Director7.42yrsUS$221.40k0.011% $1.1m
William Summers
Independent Director15.92yrsUS$198.90k0.032% $3.2m
Frederick Nance
Independent Director13.42yrsUS$198.90k0.014% $1.4m
Robert Livingston
Independent Director2.67yrsUS$213.90k0.0085% $868.2k
Jenniffer Deckard
Independent Director4.67yrsUS$198.90k0.0074% $756.2k
Julie Lagacy
Independent Director2.92yrsUS$198.90k0.0047% $475.3k


Average Tenure


Average Age

Experienced Board: RPM's board of directors are considered experienced (8.2 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

RPM International Inc.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: RPM International Inc.
  • Ticker: RPM
  • Exchange: NYSE
  • Founded: 1947
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: US$10.178b
  • Shares outstanding: 129.49m
  • Website: https://www.rpminc.com

Number of Employees


  • RPM International Inc.
  • 2628 Pearl Road
  • PO Box 777
  • Medina
  • Ohio
  • 44258
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RPMNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 1972
RP8DB (Deutsche Boerse AG)YesCommon StockDEEURDec 1972


RPM International Inc. manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. Its Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding, and flooring and in-plant glazing solutions; solutions for fire stopping and intumescent steel coating, and the manufacturing industry; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes. It also offers corrosion-control coating, containment lining, fire and sound proofing, and insulation products; rolled asphalt roofing materials and chemical admixtures; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts and mortars, epoxy adhesives, injection resins, polyurethane foams, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials; specialty construction products; and amine curing agents, reactive diluents, specialty epoxy resins and other intermediates. The company’s Specialty segment provides fluorescent colorants and pigments; shellac-based-specialty and marine coatings; insulated building cladding materials; fire and water damage restoration, and carpet cleaning and disinfecting products; fuel additives; and wood treatments, furniture finishes, and touch-up products. Its Consumer segment offers specialty products for paint contractors and the DIYers, deck and fence restoration products, metallic and faux finish coatings, exterior wood deck and concrete restoration systems, flooring finishes, and hobby paints and cements; caulk, sealant, adhesive, insulating foam, spackling, glazing, and patch and repair products; and nail enamels, polishes, and coating components. The company was founded in 1947 and is headquartered in Medina, Ohio. 

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 02:47
End of Day Share Price2020/06/05 00:00
Annual Earnings2019/05/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.