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Feb 28

RPM Q3 2025 Earnings Report

RPM reported a decline in sales and earnings for Q3 2025, impacted by adverse weather and foreign currency headwinds.

Key Takeaways

RPM's Q3 2025 performance was challenged by unseasonably cold weather and wildfires, which reduced demand in key regions. Despite this, the company generated strong cash flow through disciplined inventory management, although lower production levels negatively affected margins.

Revenue declined 3.0% year-over-year to $1.48 billion due to weather and FX headwinds.

Adjusted EPS fell to $0.35, impacted by lower fixed-cost absorption and plant consolidation costs.

Strong operating cash flow of $91.5 million, the second highest third-quarter result in company history.

MAP 2025 initiatives helped offset some of the margin pressures.

Total Revenue
$1.48B
Previous year: $1.52B
-3.0%
EPS
$0.35
Previous year: $0.52
-32.7%
Adjusted EBIT Margin
5.3%
Previous year: 7.2%
-26.4%
Gross Profit
$567M
Previous year: $607M
-6.5%
Cash and Equivalents
$242M
Previous year: $249M
-2.8%

RPM

RPM

RPM Revenue by Segment

RPM Revenue by Geographic Location

Forward Guidance

RPM expects Q4 FY25 sales to be flat with low-single-digit adjusted EBIT growth, driven by cost efficiencies and maintenance-focused demand.

Positive Outlook

  • Expecting modest Q4 adjusted EBIT growth.
  • Focus on repair and maintenance expected to drive end-market demand.
  • New product launches aimed at market share gains.
  • MAP 2025 benefits to become more visible with volume recovery.
  • Stable cash flow supported by working capital efficiency.

Challenges Ahead

  • Challenging macroeconomic environment persists.
  • Foreign currency headwinds remain a risk.
  • Plant consolidations may continue to affect efficiency.
  • Consumer segment expected to see slight sales decline.
  • No financial contribution from pending Pink Stuff acquisition in Q4.

Revenue & Expenses

Visualization of income flow from segment revenue to net income