News Markets & Companies
RPM International posts record sales and earnings for fiscal year 2026
The US-based manufacturer of specialty coatings, sealants and building materials has reported record full-year sales of USD 7.86 billion for fiscal 2026, a 6.7% increase over the prior year.
RPM International has announced record financial results for its fiscal year 2026, ended 31 May 2026. Full-year net sales reached USD 7.86 billion, up 6.7% from the prior year, with record adjusted EBIT of USD 1.02 billion and record adjusted diluted EPS of USD 5.53, up 4.3%. For the fourth quarter alone, net sales rose 7.2% to USD 2.23 billion, with adjusted EBIT up 7.7% to USD 338.6 million.
CEO Frank C. Sullivan noted that “the fourth quarter represents the 16th time we have generated record adjusted EBIT out of the past 18 quarters, due in large part to the structural improvements our MAP operating improvement program has created within our organisation.”
All three segments contributed to growth. The Construction Products Group posted record fourth-quarter sales of USD 904.2 million, up 8.8%, led by concrete admixtures and roofing restoration systems. The Performance Coatings Group achieved record quarterly sales of USD 562.8 million, up 5.0%, driven by fireproofing systems and food coatings. The Consumer Group reported record quarterly sales of USD 764.8 million, up 7.0%, primarily from acquisitions, though partially offset by softness in DIY markets.
Cash flow, outlook and structural changes
Operating cash flow for the full year reached USD 898.7 million, described as the second-highest in company history. RPM returned USD 349.2 million to shareholders through dividends and share repurchases, a 7.3% increase year on year. The Board of Directors also authorised a USD 700 million increase to the existing share repurchase programme.
For fiscal 2027, RPM projects sales growth of 3% to 7% and adjusted EBITDA growth of 5% to 10%. Starting in fiscal 2027, the company has transitioned its primary profit measure from adjusted EBIT to adjusted EBITDA to facilitate comparisons with peer companies.