Recent News
06/30/2025 — RPM removed from the Russell 2500 Growth Index. 07/01/2025 — Board declared a quarterly cash dividend of $0.51 per share, payable July 31, 2025, with a record date of July 15, 2025. 07/24/2025 — Company scheduled its fiscal 2025 fourth-quarter and year-end results announcement for July 24, 2025. 07/28–07/29/2025 — Multiple brokerages adjusted price targets and ratings. 08/14/2025 — BofA revised its rating to Neutral and raised its target to $128. 09/05/2025 — RPM announced a transaction to strengthen its consumer group by adding Ready Seal.
Technical Analysis
Directional indicators: ADX at 30.13 signals a strong trend in place. DI+ shows a peak-and-reversal, and DI- shows a dip-and-reversal; both directional moves point toward net bearish directional pressure for the near term.
MACD: MACD sits at 1.26 while the signal line reads 1.74 and the MACD trend is decreasing, indicating bearish momentum; no bullish MACD cross appears.
MRO & Momentum: MRO at 25.57 and marked peak-and-reversal indicates price sits above the model target with downside potential as momentum has rolled over.
RSI: RSI 56.58 with a peak-and-reversal shows momentum cooled from overbought-like levels and tilts toward lower near-term returns rather than extended advances.
Price vs Moving Averages and Bands: Price closed $122.98 versus the 20-day average $125.35 and 12-day EMA $125.23, with the 12-day EMA showing a peak-and-reversal; that places short-term pressure above the stock. Price sits above the 50-day ($120.83) and 200-day ($117.93) averages, giving medium-term support. Price trend indicates a move across the -1x Bollinger band, reducing immediate downside momentum but not negating the bearish signal set by momentum indicators.
Ichimoku & Support: Chikou span remains above the Ichimoku cloud while Tenkan and Kijun near current levels; this provides a medium-term constructive backdrop, but short-term indicators dominate swing-period bias. Super trend lower at $121.76 serves as a near support level to monitor.
Fundamental Analysis
Profitability: EBIT $274,315,000 and EBITDA $328,063,000 translate to an EBIT margin of 13.18%. That EBIT margin sits below the industry peer mean of 23.70% and below the industry peer median of 28.405%, while remaining above the industry peer low of -4.454%. Quarter-over-quarter change in EBIT margin measures +204.23%, and year-over-year change measures -0.74%.
Revenue & Earnings: Reported YoY revenue growth measured 28.71%. EPS came in at $1.72 versus an estimate of $1.60, producing an EPS surprise of +7.5%.
Cash Flow & Liquidity: Free cash flow totaled $78,172,000 with a free cash flow yield of 0.52%. Operating cash flow $149,178,000 and cash on hand $302,137,000 support liquidity; the current ratio stands at 2.16 and quick ratio at 1.45. Cash conversion cycle about 91.66 days, above the industry peer mean of 31.84 days but inside the industry peer range.
Leverage: Total debt $2,963,947,000 produces debt-to-EBITDA of 9.03x and debt-to-equity of 1.03. Interest coverage of 10.58x preserves serviceability despite elevated leverage on an EBITDA multiple basis.
Returns: Return on equity equals 7.82%, above the industry peer mean of 4.256% and the industry peer median of 4.585%, and slightly above the industry peer high of 7.778%. Return on assets sits at 3.14%, above the industry peer mean of 2.067%.
Valuation: Price multiples show trailing PE ~64.97x and forward PE ~73.37x, P/B ~5.26x (above the industry peer mean of 4.36 and just below the industry peer median of 5.72x). Enterprise multiple sits at 54.39x. WMDST values the stock as under-valued based on the firm’s cash generation, record-level operating metrics, and the present gap between enterprise value and operating returns; however, low free-cash-flow yield and elevated leverage by EBITDA multiples compress near-term re-rating potential.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-05-31 |
| REPORT DATE: | 2025-07-24 |
| NEXT REPORT DATE: | 2025-10-22 |
| CASH FLOW | Begin Period Cash Flow | $ 241.9 M |
| Operating Cash Flow | $ 149.2 M | |
| Capital Expenditures | $ -71.01 M | |
| Change In Working Capital | $ -92.02 M | |
| Dividends Paid | $ -65.50 M | |
| Cash Flow Delta | $ 60.2 M | |
| End Period Cash Flow | $ 302.1 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 2.1 B | |
| Forward Revenue | $ 455.4 M | |
| COSTS | ||
| Cost Of Revenue | $ 1.2 B | |
| Depreciation | $ 53.7 M | |
| Depreciation and Amortization | $ 53.7 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 1.8 B | |
| PROFITABILITY | ||
| Gross Profit | $ 881.8 M | |
| EBITDA | $ 328.1 M | |
| EBIT | $ 274.3 M | |
| Operating Income | $ 288.9 M | |
| Interest Income | $ 3.1 M | |
| Interest Expense | $ 25.9 M | |
| Net Interest Income | $ -22.84 M | |
| Income Before Tax | $ 248.4 M | |
| Tax Provision | $ 22.4 M | |
| Tax Rate | 9.005 % | |
| Net Income | $ 225.8 M | |
| Net Income From Continuing Operations | $ 226.0 M | |
| EARNINGS | ||
| EPS Estimate | $ 1.60 | |
| EPS Actual | $ 1.72 | |
| EPS Difference | $ 0.12 | |
| EPS Surprise | 7.5 % | |
| Forward EPS | $ 1.54 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 7.8 B | |
| Intangible Assets | $ 2.4 B | |
| Net Tangible Assets | $ 486.9 M | |
| Total Current Assets | $ 3.2 B | |
| Cash and Short-Term Investments | $ 302.1 M | |
| Cash | $ 302.1 M | |
| Net Receivables | $ 1.5 B | |
| Inventory | $ 1.0 B | |
| Long-Term Investments | $ 216.0 M | |
| LIABILITIES | ||
| Accounts Payable | $ 755.9 M | |
| Short-Term Debt | $ 7.7 M | |
| Total Current Liabilities | $ 1.5 B | |
| Net Debt | $ 2.3 B | |
| Total Debt | $ 3.0 B | |
| Total Liabilities | $ 4.9 B | |
| EQUITY | ||
| Total Equity | $ 2.9 B | |
| Retained Earnings | $ 3.2 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 22.49 | |
| Shares Outstanding | 128.269 M | |
| Revenue Per-Share | $ 16.23 | |
| VALUATION | Market Capitalization | $ 15.2 B |
| Enterprise Value | $ 17.8 B | |
| Enterprise Multiple | 54.39 | |
| Enterprise Multiple QoQ | -60.077 % | |
| Enterprise Multiple YoY | 21.277 % | |
| Enterprise Multiple IPRWA | high: 123.612 median: 72.016 mean: 63.571 RPM: 54.39 low: -27.186 |
|
| EV/R | 8.57 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.695 | |
| Asset To Liability | 1.59 | |
| Debt To Capital | 0.507 | |
| Debt To Assets | 0.381 | |
| Debt To Assets QoQ | 35523.364 % | |
| Debt To Assets YoY | 1743.182 % | |
| Debt To Assets IPRWA | high: 0.671 RPM: 0.381 mean: 0.357 median: 0.301 low: 0.006 |
|
| Debt To Equity | 1.027 | |
| Debt To Equity QoQ | 38810.606 % | |
| Debt To Equity YoY | 1793.53 % | |
| Debt To Equity IPRWA | high: 4.382 mean: 1.214 RPM: 1.027 median: 0.673 low: -2.382 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 5.262 | |
| Price To Book QoQ | -8.614 % | |
| Price To Book YoY | -6.007 % | |
| Price To Book IPRWA | high: 5.724 median: 5.724 RPM: 5.262 mean: 4.365 low: -2.623 |
|
| Price To Earnings (P/E) | 64.968 | |
| Price To Earnings QoQ | -81.035 % | |
| Price To Earnings YoY | -7.251 % | |
| Price To Earnings IPRWA | high: 113.355 median: 102.718 mean: 86.92 RPM: 64.968 low: -69.902 |
|
| PE/G Ratio | 0.166 | |
| Price To Sales (P/S) | 7.292 | |
| Price To Sales QoQ | -30.072 % | |
| Price To Sales YoY | 4.182 % | |
| Price To Sales IPRWA | high: 25.954 median: 21.249 mean: 18.018 RPM: 7.292 low: 1.202 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 73.368 | |
| Forward PE/G | 0.187 | |
| Forward P/S | 33.335 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 8.024 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.289 | |
| Asset Turnover Ratio QoQ | 30.293 % | |
| Asset Turnover Ratio YoY | -6.6 % | |
| Asset Turnover Ratio IPRWA | high: 0.48 RPM: 0.289 mean: 0.141 median: 0.101 low: 0.002 |
|
| Receivables Turnover | 1.593 | |
| Receivables Turnover Ratio QoQ | 29.212 % | |
| Receivables Turnover Ratio YoY | -1.192 % | |
| Receivables Turnover Ratio IPRWA | high: 3.294 mean: 1.777 median: 1.669 RPM: 1.593 low: 0.464 |
|
| Inventory Turnover | 1.153 | |
| Inventory Turnover Ratio QoQ | 29.411 % | |
| Inventory Turnover Ratio YoY | -0.238 % | |
| Inventory Turnover Ratio IPRWA | high: 3.403 median: 2.097 mean: 1.87 RPM: 1.153 low: 0.577 |
|
| Days Sales Outstanding (DSO) | 57.288 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 91.663 | |
| Cash Conversion Cycle Days QoQ | -12.452 % | |
| Cash Conversion Cycle Days YoY | -5.445 % | |
| Cash Conversion Cycle Days IPRWA | high: 143.481 RPM: 91.663 median: 44.435 mean: 31.844 low: -58.861 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 1.223 | |
| CapEx To Revenue | -0.034 | |
| CapEx To Depreciation | -1.321 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 5.5 B | |
| Net Invested Capital | $ 5.5 B | |
| Invested Capital | $ 5.5 B | |
| Net Tangible Assets | $ 486.9 M | |
| Net Working Capital | $ 1.7 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.206 | |
| Current Ratio | 2.16 | |
| Current Ratio QoQ | -2.63 % | |
| Current Ratio YoY | 9.393 % | |
| Current Ratio IPRWA | high: 3.224 RPM: 2.16 mean: 1.149 median: 0.926 low: 0.717 |
|
| Quick Ratio | 1.454 | |
| Quick Ratio QoQ | 5.481 % | |
| Quick Ratio YoY | 9.951 % | |
| Quick Ratio IPRWA | high: 2.843 RPM: 1.454 mean: 0.888 median: 0.782 low: 0.442 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 9.035 | |
| Cost Of Debt | 0.881 % | |
| Interest Coverage Ratio | 10.575 | |
| Interest Coverage Ratio QoQ | 280.27 % | |
| Interest Coverage Ratio YoY | 8.216 % | |
| Interest Coverage Ratio IPRWA | high: 36.015 mean: 21.812 median: 15.508 RPM: 10.575 low: -7.177 |
|
| Operating Cash Flow Ratio | -0.001 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 70.08 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 3.447 | |
| Dividend Payout Ratio | 0.29 | |
| Dividend Rate | $ 0.51 | |
| Dividend Yield | 0.004 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 17.469 % | |
| Revenue Growth | 41.002 % | |
| Revenue Growth QoQ | -305.184 % | |
| Revenue Growth YoY | 28.706 % | |
| Revenue Growth IPRWA | RPM: 41.002 % high: 19.014 % mean: 7.882 % median: 4.721 % low: -26.89 % |
|
| Earnings Growth | 391.429 % | |
| Earnings Growth QoQ | -623.161 % | |
| Earnings Growth YoY | 95.714 % | |
| Earnings Growth IPRWA | RPM: 391.429 % high: 118.519 % mean: 21.97 % median: 16.524 % low: -666.667 % |
|
| MARGINS | ||
| Gross Margin | 42.353 % | |
| Gross Margin QoQ | 10.2 % | |
| Gross Margin YoY | 2.401 % | |
| Gross Margin IPRWA | high: 55.786 % median: 49.311 % RPM: 42.353 % mean: 42.33 % low: 5.77 % |
|
| EBIT Margin | 13.176 % | |
| EBIT Margin QoQ | 204.225 % | |
| EBIT Margin YoY | -0.738 % | |
| EBIT Margin IPRWA | high: 35.397 % median: 28.405 % mean: 23.7 % RPM: 13.176 % low: -4.454 % |
|
| Return On Sales (ROS) | 13.877 % | |
| Return On Sales QoQ | 220.411 % | |
| Return On Sales YoY | 4.543 % | |
| Return On Sales IPRWA | high: 34.18 % median: 25.553 % mean: 22.471 % RPM: 13.877 % low: -0.148 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 78.2 M | |
| Free Cash Flow Yield | 0.515 % | |
| Free Cash Flow Yield QoQ | 138.426 % | |
| Free Cash Flow Yield YoY | -31.242 % | |
| Free Cash Flow Yield IPRWA | high: 9.3 % mean: 0.721 % RPM: 0.515 % median: 0.433 % low: -6.232 % |
|
| Free Cash Growth | 134.666 % | |
| Free Cash Growth QoQ | -257.537 % | |
| Free Cash Growth YoY | -969.711 % | |
| Free Cash Growth IPRWA | RPM: 134.666 % high: 90.572 % median: -15.862 % mean: -121.216 % low: -471.845 % |
|
| Free Cash To Net Income | 0.346 | |
| Cash Flow Margin | -0.037 % | |
| Cash Flow To Earnings | -0.003 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 3.137 % | |
| Return On Assets QoQ | 301.151 % | |
| Return On Assets YoY | 12.639 % | |
| Return On Assets IPRWA | high: 3.22 % RPM: 3.137 % median: 2.093 % mean: 2.067 % low: -1.434 % |
|
| Return On Capital Employed (ROCE) | 4.348 % | |
| Return On Equity (ROE) | 0.078 | |
| Return On Equity QoQ | 302.055 % | |
| Return On Equity YoY | 8.772 % | |
| Return On Equity IPRWA | RPM: 0.078 high: 0.078 median: 0.046 mean: 0.043 low: -0.068 |
|
| DuPont ROE | 8.121 % | |
| Return On Invested Capital (ROIC) | 4.512 % | |
| Return On Invested Capital QoQ | -127.618 % | |
| Return On Invested Capital YoY | -102.266 % | |
| Return On Invested Capital IPRWA | high: 6.532 % RPM: 4.512 % mean: 3.268 % median: 2.83 % low: -1.079 % |
|