RPM International Management
Management criteria checks 4/4
RPM International's CEO is Frank Sullivan, appointed in Oct 2002, has a tenure of 23.67 years. total yearly compensation is $11.16M, comprised of 9.9% salary and 90.1% bonuses, including company stock and options. directly owns 0.81% of the company’s shares, worth $113.41M. The average tenure of the management team and the board of directors is 2.9 years and 9.7 years respectively.
Key information
Frank Sullivan
Chief executive officer
US$11.2m
Total compensation
| CEO salary percentage | 9.86% |
| CEO tenure | 23.7yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.9yrs |
| Board average tenure | 9.7yrs |
Recent management updates
Recent updates
Narrative Update • Jun 05
RPM: Pricing Power And Cost Actions Will Support Future Earnings Upside
Analysts now estimate RPM International's fair value at about $145, a modest reset that remains above the Street price targets in the $125 to $130 range. Those targets are supported by views on the company's pricing power and potential benefits from future non-residential and industrial spending.
Narrative Update • May 21
RPM: Operating Leverage And Cost Actions Are Expected To Support Upside
RPM International's analyst price target has edged higher by about $0.43 to $128.07, as analysts update their models to reflect modest adjustments in growth, margin and discount rate assumptions, following a mix of recent target raises and trims across the Street. Analyst Commentary Recent research on RPM International reflects a mix of optimism and caution, with several firms adjusting price targets up and down over a short period.
Narrative Update • May 07
RPM: Cost Actions And Operating Leverage Will Shape Earnings Execution Risk
RPM International's updated analyst price target remains at $115, with recent Street research showing both upward and downward revisions as analysts weigh slightly higher projected revenue growth and profit margins against modest adjustments in the discount rate and future P/E assumptions. Analyst Commentary Recent research on RPM International highlights a mixed backdrop, with some firms lifting targets while others trim their expectations or keep them unchanged.Narrative Update • Apr 22
RPM: Mixed Earnings Visibility Will Test Cost Actions And Operating Leverage
RPM International's analyst price target is unchanged at $115, as analysts balance recent target increases of up to $10 with several modest cuts and slightly softer assumptions for revenue growth and profit margins. Analyst Commentary Recent research updates on RPM International reflect a mix of optimism and caution, with several price target revisions in both directions and one rating upgrade.Seeking Alpha • Apr 09
RPM International: A High-Quality Name That Still Looks Fully Valued
Summary RPM International Inc. delivered strong Q3 results with revenue up 8.9% YoY and record adjusted EBIT, driven by construction and performance coatings strength. Margin expansion was primarily due to improved fixed-cost absorption and overhead reduction, not broad-based demand growth, highlighting execution as a key differentiator. Consumer segment remains a weak spot with negative organic growth and price elasticity issues, necessitating restructuring and introducing execution risks. RPM’s disciplined cash flow management, liquidity, and strategic acquisitions support resilience, but future performance hinges on maintaining price/cost parity amid rising raw material and freight costs. Read the full article on Seeking AlphaNarrative Update • Apr 08
RPM: Cost Actions And Sales Recovery Will Drive Earnings Upside
Narrative Update RPM International's analyst price target framework has shifted modestly higher, with fair value moving by about $1.47 as analysts factor in a slightly lower discount rate, firmer revenue growth assumptions, steady profit margins and a marginally lower future P/E, even as recent research has generally trimmed headline targets following softer Q2 results and near term operating headwinds. Analyst Commentary Recent Street research around RPM International has leaned more cautious on near term earnings and price targets, but there is still a clear group of bullish analysts highlighting what they see as attractive entry points and solid execution opportunities over the next few years.Narrative Update • Mar 24
RPM: Cost Actions And Operating Leverage Will Support Earnings Through Q2 Volatility
RPM International's analyst price target has been adjusted modestly to $115, with analysts balancing a series of reduced Street targets against expectations for steadier revenue growth and slightly higher profit margins, alongside a similar forward P/E profile. Analyst Commentary Recent Street research around RPM International centers on modestly lower price targets and a mixed read on earnings momentum, cost controls, and end market trends.Narrative Update • Mar 10
RPM: Cost Actions And Operating Leverage Will Support Earnings Through Temporary Headwinds
The analyst price target for RPM International is unchanged at $115, as analysts balance mixed recent price target revisions with slightly adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent Street research around RPM International reflects a mix of optimism on earnings power and a series of price target trims that point to execution and valuation questions.Narrative Update • Feb 24
RPM: Cost Actions And Dividend Momentum Will Underpin Earnings Through Temporary Headwinds
Analysts have trimmed RPM International's average price target slightly, with recent cuts ranging from $1 to $12 per share around the $115 to $149 band. They cite short term concerns around Q2 results and temporary headwinds, while also highlighting cost actions, sales stabilization, and valuation support as key parts of their rationale.Narrative Update • Feb 09
RPM: Dividend Momentum And Cost Actions Will Shape Earnings Resilience Narrative
Analysts have trimmed their RPM International fair value estimate to $115 from $117 after a series of modest price target reductions across the Street, reflecting updated views on near term earnings pressures along with slightly adjusted assumptions for growth, margins and future P/E. Analyst Commentary Street research on RPM International has seen a cluster of small price target reductions that line up with the modest trim in the fair value estimate.Analysis Article • Feb 08
RPM International (NYSE:RPM) Has A Pretty Healthy Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Jan 24
RPM: Cost Actions And Sales Rebound Will Support Earnings Recovery
Analysts have trimmed their price targets on RPM International by modest amounts, leading to a slight adjustment in the updated fair value estimate to about $145.03, as they weigh near term earnings pressures against cost actions, a sales rebound and valuation. Analyst Commentary Recent research highlights a mixed but generally constructive stance on RPM International, with several firms trimming price targets while still expressing confidence in the company’s ability to work through near term challenges.Narrative Update • Jan 10
RPM: Cost Actions And Seasonal Recovery Are Expected To Support Margins
The analyst price target for RPM International has been reduced by about $6.70 per share to reflect a modestly lower fair value of $127.64. This change reflects analysts factoring in softer Q2 results, slightly higher discount rate assumptions, and revised earnings estimates, alongside still constructive views on margins and revenue trends.Analysis Article • Jan 02
Are Investors Undervaluing RPM International Inc. (NYSE:RPM) By 32%?
Key Insights Using the 2 Stage Free Cash Flow to Equity, RPM International fair value estimate is US$153 Current share...Narrative Update • Dec 26
RPM: Dividend Momentum And Cost Relief Will Shape Earnings Rerating Prospects
Analysts have lifted their price target on RPM International by $3 to $129, citing improved earnings leverage prospects and an expected rerating higher following recent stock price weakness and easing concerns around tariff and cost pressures. Analyst Commentary While the latest rating change reflects a more constructive stance on RPM International, the move comes after a period of notable share price retracement around the company’s most recent quarterly earnings.Narrative Update • Dec 12
RPM: Dividend Momentum And Earnings Leverage Will Shape Rerating Prospects
Analysts have lifted their price target on RPM International to $117 from about $94, reflecting expectations for faster revenue growth and a higher future P/E multiple. At the same time, they acknowledge near term margin pressures and see room for a valuation rerating as earnings leverage improves.Analysis Article • Dec 06
Unpleasant Surprises Could Be In Store For RPM International Inc.'s (NYSE:RPM) Shares
It's not a stretch to say that RPM International Inc.'s ( NYSE:RPM ) price-to-earnings (or "P/E") ratio of 19.7x right...Analysis Article • Oct 06
RPM International's (NYSE:RPM) Shareholders Will Receive A Bigger Dividend Than Last Year
RPM International Inc.'s ( NYSE:RPM ) periodic dividend will be increasing on the 31st of October to $0.54, with...Analysis Article • Oct 02
RPM International's (NYSE:RPM) Returns Have Hit A Wall
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Analysis Article • Sep 19
Here's Why RPM International (NYSE:RPM) Can Manage Its Debt Responsibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Analysis Article • Aug 17
At US$123, Is It Time To Put RPM International Inc. (NYSE:RPM) On Your Watch List?
NYSE:RPM 1 Year Share Price vs Fair Value Explore RPM International's Fair Values from the Community and select yours...Analysis Article • Jul 26
RPM International Inc.'s (NYSE:RPM) Share Price Not Quite Adding Up
RPM International Inc.'s ( NYSE:RPM ) price-to-earnings (or "P/E") ratio of 22.9x might make it look like a sell right...Analysis Article • Jul 14
Here's Why RPM International (NYSE:RPM) Has Caught The Eye Of Investors
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Jun 20
RPM International (NYSE:RPM) Seems To Use Debt Quite Sensibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Seeking Alpha • Dec 17
RPM International: A Protective Business At A Price
Summary RPM International Inc. has seen strong gains due to anticipated growth recovery and margin expansion, but current premium valuations limit appeal. The company boasts a diversified portfolio, a strong dividend track record, and consistent margin improvements, driven by its MAP 2025 initiatives. Despite recent performance and reduced leverage, RPM's 23 times earnings multiple is high, suggesting caution at current levels. With a 51-year streak of dividend increases and ongoing bolt-on acquisitions, RPM remains a solid but currently richly valued investment. Read the full article on Seeking AlphaCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 28 2026 | n/a | n/a | US$663m |
| Nov 30 2025 | n/a | n/a | US$664m |
| Aug 31 2025 | n/a | n/a | US$686m |
| May 31 2025 | US$11m | US$1m | US$686m |
| Feb 28 2025 | n/a | n/a | US$641m |
| Nov 30 2024 | n/a | n/a | US$650m |
| Aug 31 2024 | n/a | n/a | US$612m |
| May 31 2024 | US$12m | US$1m | US$586m |
| Feb 29 2024 | n/a | n/a | US$557m |
| Nov 30 2023 | n/a | n/a | US$523m |
| Aug 31 2023 | n/a | n/a | US$509m |
| May 31 2023 | US$6m | US$995k | US$477m |
| Feb 28 2023 | n/a | n/a | US$523m |
| Nov 30 2022 | n/a | n/a | US$529m |
| Aug 31 2022 | n/a | n/a | US$522m |
| May 31 2022 | US$9m | US$995k | US$488m |
| Feb 28 2022 | n/a | n/a | US$445m |
| Nov 30 2021 | n/a | n/a | US$450m |
| Aug 31 2021 | n/a | n/a | US$453m |
| May 31 2021 | US$12m | US$920k | US$499m |
| Feb 28 2021 | n/a | n/a | US$452m |
| Nov 30 2020 | n/a | n/a | US$426m |
| Aug 31 2020 | n/a | n/a | US$376m |
| May 31 2020 | US$9m | US$970k | US$302m |
Compensation vs Market: Frank's total compensation ($USD11.16M) is about average for companies of similar size in the US market ($USD14.67M).
Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.
CEO
Frank Sullivan (65 yo)
23.7yrs
Tenure
US$11,158,125
Compensation
Mr. Frank C. Sullivan has been the Chief Executive Officer of RPM International Inc. since October 11, 2002 and served as its President from August 1999 until 2008 and again serves as President since 2018....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 23.7yrs | US$11.16m | 0.81% $ 113.4m | |
| VP & CFO | 14.2yrs | US$2.88m | 0.062% $ 8.6m | |
| VP, General Counsel | 1.7yrs | US$1.63m | 0.019% $ 2.7m | |
| VP, Controller & Chief Accounting Officer | 4.6yrs | no data | 0.011% $ 1.5m | |
| Vice President of Investor Relations & Sustainability | 1.9yrs | no data | no data | |
| VP of Public Affairs & Chief Talent Officer | 18.7yrs | no data | no data | |
| Director of Human Resource Information Systems | no data | no data | no data | |
| President of Construction Products Group | no data | US$2.10m | no data | |
| Executive Vice President | less than a year | no data | 0.024% $ 3.3m | |
| VP of Internal Audit & Chief Audit Executive | 3.9yrs | no data | no data | |
| Group President of Consumer Group | less than a year | no data | no data | |
| Chief Financial Officer of Consumer Group | less than a year | no data | no data |
2.9yrs
Average Tenure
60yo
Average Age
Experienced Management: RPM's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 31.4yrs | US$11.16m | 0.81% $ 113.4m | |
| Independent Lead Director | 23.7yrs | US$296.21k | 0.024% $ 3.4m | |
| Independent Director | 13.4yrs | US$298.71k | 0.017% $ 2.4m | |
| Independent Director | 21.9yrs | US$278.71k | 0.038% $ 5.3m | |
| Independent Director | 1.4yrs | US$50.00k | 0.0011% $ 153.7k | |
| Independent Director | 1.2yrs | US$25.00k | 0.0011% $ 153.7k | |
| Independent Director | 19.4yrs | US$298.71k | 0.0062% $ 859.4k | |
| Independent Director | 8.7yrs | US$306.21k | 0.014% $ 2.0m | |
| Independent Director | 4.7yrs | US$281.21k | 0.0056% $ 776.9k | |
| Independent Director | 1.4yrs | US$50.00k | 0.0090% $ 1.3m | |
| Independent Director | 10.7yrs | US$278.71k | 0.013% $ 1.9m | |
| Independent Director | 3.9yrs | US$281.21k | 0.0051% $ 711.3k |
9.7yrs
Average Tenure
68yo
Average Age
Experienced Board: RPM's board of directors are considered experienced (9.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/17 06:44 |
| End of Day Share Price | 2026/06/17 00:00 |
| Earnings | 2026/02/28 |
| Annual Earnings | 2025/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
RPM International Inc. is covered by 25 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ghansham Panjabi | Baird |
| John McNulty | BMO Capital Markets Equity Research |
| Laurent Favre | BNP Paribas |