RPM International reports fiscal 2025 third-quarter results

Medina, OH – RPM International Inc. has announced its financial results for the fiscal 2025 third quarter, ending February 28, 2025. The company reported sales of $1.48 billion, marking a 3.0% decrease compared to the same period last year.

Net income for the quarter was $52.0 million, with diluted earnings per share (EPS) of $0.40. Despite the decline in sales, RPM managed to generate $91.5 million in cash from operating activities, the second-highest third-quarter amount in the company’s history.

Frank C. Sullivan, RPM’s chairman and CEO, attributed the sales decline to unfavorable weather conditions and foreign currency headwinds. He noted that unseasonably cold weather in the southern U.S. and wildfires in the west reduced demand in regions typically active in construction and outdoor projects during winter months. Additionally, RPM faced challenging comparisons to the third quarter of fiscal 2024, when adjusted EBIT saw a significant increase.

Sullivan emphasized the company’s focus on cash flow over profitability, which led to strong cash generation despite lower production levels and transitional costs from eight plant consolidations. This disciplined inventory management, part of RPM’s MAP 2025 initiative, impacted fixed cost absorption but helped maintain operational improvements.

Looking ahead, RPM’s fiscal 2025 fourth-quarter outlook anticipates flat sales with adjusted EBIT expected to rise in the low-single-digit percentage range.