NYSE$RPM

RPM International Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

RPM reported record fourth-quarter and full-year results, driven by MAP 2025 initiatives and strategic balance.

RPM International Inc. reported a slight decrease in net sales for the fourth quarter, but achieved record adjusted EBIT. Positive organic sales growth was offset by unfavorable foreign exchange and divestitures. The company's MAP 2025 initiatives drove profitability improvements across several segments.

  • Net sales decreased slightly by 0.4% to $2.01 billion due to foreign exchange headwinds and divestitures.
  • Net income attributable to RPM stockholders increased by 19.3% to $180.6 million.
  • Adjusted diluted EPS increased by 14.7% to a record $1.56.
  • Record adjusted EBIT increased by 6.6% to $285.6 million, driven by MAP 2025 initiatives.

Headline financials

Total Revenue

$2.01B

Previous: $2.02B-0.4%
EPS (adj)

$1.56

Previous: $1.36+14.7%
Adjusted EBIT Margin

14.2%

No prior period
Capital Expenditures

-$75.9M

No prior period
Net Income

$181M

Previous: $151M+19.5%
Operating Income

$258M

Previous: $236M+9.1%
Gross Profit

$831M

Previous: $775M+7.2%

Revenue & EPS history

RPM · Revenue · Quarterly

$2.01B

Q4 2024-0.4%vs Q4 2023
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

RPM · $1.18B total across 3 segments · Q2 2019

  • Construction Products
    $467M
  • Consumer
    $425M
  • Performance Coatings
    $292M

Forward guidance

RPM expects approximately flat sales and adjusted EBIT growth of mid-single digits for the fiscal 2025 first quarter. For the full fiscal year 2025, revenue growth is expected to be in the low single digits and adjusted EBIT growth in the mid-single-digits to low-double-digits.

Tailwinds

  • Remain focused on things we can control in a mixed economic environment.
  • Outgrowing our markets
  • Improving operating cash flow
  • Leveraging the power of RPM through MAP 2025 initiatives.
  • Structural improvements are making through MAP 2025 are helping us navigate the current economic landscape

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.1%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+1.7%

Avg return

30 days after

51%

35 / 68 earnings

Positive

+12.5%

Q4 2023

Best reaction

-11.7%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-0.7%+13.2%+4.2%
Q2 2026+1.7%+6.5%+11.6%
Q1 2026-0.8%-3.1%-7.3%
Q4 2025-2.4%-1.2%+10.1%
Q3 2025-9.1%-2.2%+3.9%
Q2 2025+1.8%+0.0%+2.6%
Q1 2025+6.0%+7.6%+5.3%
Q4 2024+6.0%+7.9%+4.9%
Q3 2024-4.7%-4.6%-7.8%
Q2 2024-2.2%-1.3%-0.6%
Q1 2024+6.3%+5.4%+3.8%
Q4 2023+12.5%+10.4%+6.6%
Q3 2023-2.6%-2.6%-3.7%
Q2 2023-11.7%-11.4%-6.8%
Q1 2023+5.6%+1.3%+3.3%
Q4 2022+0.4%+5.0%+7.6%
Q3 2022+4.0%+3.8%+1.5%
Q2 2022-2.8%-5.3%-11.0%
Q1 2022+0.4%+0.4%+12.9%
Q4 2021-3.7%-1.8%-5.4%
Q3 2021-2.7%-2.4%+3.3%
Q2 2021-1.2%-1.0%-2.9%
Q1 2021+2.8%+4.5%+9.7%
Q4 2020+2.1%+2.4%+7.8%
Q3 2020+5.4%+3.7%+10.2%
Q2 2020-1.8%-1.0%+0.4%
Q1 2020+0.3%+1.3%+8.8%
Q4 2019+5.6%+7.9%+9.5%
Q3 2019+1.0%+1.0%+3.0%
Q2 2019-3.8%+0.7%+4.4%
Q1 2019-6.3%-5.3%-2.3%
Q4 2018+1.4%+2.4%+5.1%
Q3 2018-1.2%+2.2%+2.3%
Q2 2018+1.9%+0.1%-4.6%
Q1 2018-2.4%-3.0%-0.0%
Q4 2017-3.9%-4.6%-11.0%
Q3 2017-2.6%-3.4%-2.0%
Q2 2017-3.5%-4.9%-5.6%
Q1 2017-4.8%-6.9%-10.6%
Q4 2016+6.2%+4.5%+6.5%
Q3 2016+1.3%
Q2 2016-3.0%
Q1 2016+0.8%
Q4 2015+0.6%
Q3 2015-1.9%
Q2 2015-4.5%
Q1 2015-3.6%
Q4 2014+2.5%
Q3 2014+2.1%
Q2 2014+2.0%
Q1 2014+3.8%
Q4 2013+3.7%
Q3 2013-2.2%
Q2 2013+1.1%
Q1 2013+2.3%
Q4 2012-2.4%
Q3 2012-0.9%
Q2 2012-6.4%
Q1 2012+1.6%
Q4 2009-2.8%
Q4 2011-2.8%
Q3 2010-1.2%
Q3 2011-1.2%
Q2 2010+2.1%
Q2 2011+2.1%
Q1 2011+1.4%
Q4 2010+1.4%
Q1 2010+1.4%

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