RPM International ( (RPM) ) has released its Q3 earnings. Here is a breakdown of the information RPM International presented to its investors.
RPM International Inc., a leader in specialty coatings, sealants, and building materials, operates across four segments: consumer, construction products, performance coatings, and specialty products. The company is recognized for its diverse portfolio of market-leading brands and is ranked on the Fortune 500 list.
In its fiscal 2025 third-quarter earnings report, RPM International reported a decrease in sales and net income compared to the previous year. The company faced challenges due to unfavorable weather conditions and foreign currency headwinds, which impacted construction activities and demand in certain markets.
Key financial metrics showed a 3% decline in sales to $1.48 billion, with net income dropping by 15% to $52 million. Adjusted EBIT also saw a decline, attributed to lower production levels and increased costs from plant consolidations. Despite these challenges, RPM achieved strong cash flow, with $91.5 million generated from operating activities, marking the second-highest third-quarter cash flow in the company’s history.
Looking ahead, RPM International anticipates flat sales for the fourth quarter of fiscal 2025, with adjusted EBIT expected to rise in the low-single-digit percentage range. The company remains focused on leveraging its repair and maintenance products in challenging macroeconomic conditions, aiming for modest earnings growth as MAP 2025 initiatives continue to drive operational efficiencies.