RPM Q3 sales rise 8.9% to record $1.61 billion; GAAP net income dips 1.3%
RPM reported fiscal 2026 third-quarter sales of $1.61 billion, up 8.9%, with acquisitions, favorable currency translation and volume growth as drivers. Reported net income attributable to stockholders was $51.4 million, down 1.3%, and diluted EPS was flat at $0.40, while adjusted diluted EPS rose 62.9% to $0.57 after excluding $22.1 million in pre-tax charges tied to SG&A-focused optimization actions. The company reaffirmed its fourth-quarter outlook for mid-single-digit sales growth and low- to high-single-digit adjusted EBIT growth.
Key points
- Net sales were $1.61 billion, up 8.9%, including 3.0% organic growth, 3.5% from acquisitions and 2.4% from currency translation.
- Net income attributable to RPM stockholders was $51.4 million versus $52.0 million a year earlier; diluted EPS was $0.40 in both periods.
- Adjusted diluted EPS was $0.57 versus $0.35, and adjusted EBIT was $116.4 million, up 48.8%.
- Total debt was $2.56 billion compared with $2.10 billion a year ago, driven by debt used to finance acquisitions; the Kalzip acquisition closed March 31, 2026.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 08, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.