RPM International is a specialty coatings and sealants company with superior return on equity relative to peers and strong analyst sentiment, but double concentration risks in both customer and supplier relationships, and the stock has essentially reached its analyst price target with minimal remaining upside at current levels.
Thesis pillars
- Dual Concentration Customer Supplier↑Improving
- Earnings Variability Below Expectations→Stable
- Price At Analyst Target Minimal Upside↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Jul 22, 2026· older than 90 days
RPM International Inc. (RPM) Stock Analysis
Recovery setup
Basic Materials · Specialty Chemicals
Hold if already holding. Not a fresh buy at $109.05, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1.
RPM International makes specialty coatings, sealants, roofing systems and related products through three segments: Construction Products, Performance Coatings and Consumer, with manufacturing in 22 countries. It generated $7.9 billion of net sales in fiscal 2026, selling to... Read more
Hold if already holding. Not a fresh buy at $109.05, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1. Chart setup: Death cross but MACD improving, RSI 70. Maintain position. Not compelling to add more. Score 5.8/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 63d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
About RPM International Inc.
About RPM International Inc.
RPM International reported net sales of $7.9 billion for the fiscal year ended May 31, 2026, divided among Construction Products at $3.1 billion, Consumer at $2.7 billion and Performance Coatings at $2.1 billion. Its subsidiaries run about 120 manufacturing locations across 22 countries and sell into roughly 167 countries and territories, with 31% of sales generated internationally. Petroleum-based derivatives, minerals and metals make up many of its raw materials.
RPM earns revenue by selling specialty coatings, sealants, roofing systems and related products. The Construction Products Group, 39% of consolidated net sales, sells to manufacturers, contractors, distributors and end-users, and includes the Tremco roofing and sealant lines. The Performance Coatings Group, 27%, serves industrial facilities and public institutions with flooring, corrosion-control and fireproofing products under brands such as Stonhard and Carboline. The Consumer segment, 34%, sells Rust-Oleum, DAP and Zinsser products to mass merchandisers, home improvement centers and hardware stores. The 10-K describes its markets as fragmented, with no single competitor across all product lines, and names Akzo Nobel, Axalta, Carlisle, H.B. Fuller, PPG Industries, Sherwin-Williams and Sika among companies that compete in them. Raw material costs are managed through contracts, multiple sourcing and alternative materials, although sole source suppliers or price increases that cannot be passed to customers could weigh on results.
Show full overview
No single customer exceeded 10% of consolidated net sales in fiscal 2026, 2025 or 2024, yet the largest Consumer-segment customer represented 20% of that segment's net sales in fiscal 2026, compared with 23% in fiscal 2025. A lost account, a canceled order or collection difficulty at that customer may reduce net revenues materially, given the Consumer segment's $2.7 billion of sales. Balance sheet leverage adds a second angle: total debt of $2.5 billion at May 31, 2026 sat against $3.3 billion of stockholders' equity, and covenants in the credit facility could restrict operational flexibility.
See also: Basic Materials · Specialty Chemicals
From RPM International Inc.'s most recent 10-K filing, extracted October 18, 2026.
Recent developments
updated Nov 2, 2026Recent Developments — RPM International Inc.
Latest news
- NEWS RPM International to Host Investor Day on November 9, 2026 — fiscal.ai Nov 2, 2026 neutral
- NEWS RPM International slips as investors appear to de-risk ahead of earnings - Quiver Quantitative — Quiver Quantitative Oct 5, 2026 negative
- NEWS RPM International (NYSE:RPM) Stock Price Target Cut by Wells Fargo & Company - MarketBeat — MarketBeat Oct 5, 2026 negative
- NEWS RPM International: Right Strategy, But Not The Right Price (NYSE:RPM) - Seeking Alpha — Seeking Alpha Oct 2, 2026 negative
- NEWS Is RPM International (RPM) Undervalued Ahead Of Its October Earnings Report? - Simply Wall Street — Simply Wall Street Sep 29, 2026 positive
Latest item Nov 2, 2026 · Generated 2026-11-05T11:44:09Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWCustomersingle largest customer20%10-K Item 1A: 'sales to our single largest customer represented 20%, 23% and 22% of our Consumer segment net sales for fiscal 2026, 2025 and 2024, respectively'
Material Events(8-K, last 90d)
- 2026-07-22Item 5.02LOWDavid C. Dennsteadt, previously Executive Vice President, named President and Chief Operating Officer effective July 17, 2026; group presidents now report to him. Frank C. Sullivan continues as Chair and CEO.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $109.05, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1. Chart setup: Death cross but MACD improving, RSI 70. Maintain position. Not compelling to add more. Analyst target $111.15 (+1.9%), stop $103.25 (−5.6%), A.R:R 0.2:1. Score 5.8/10, moderate confidence.
Analyst target: $111.15 (+1.9% upside). Analyst target $111.15 (+1.9%), stop $103.25 (−5.6%), A.R:R 0.2:1. Stop-loss: $103.25.
Analyst target reached - limited upside remaining; Sector modifier (Basic Materials): -0.1.
RPM International Inc. trades at a P/E of 20.2 (forward 16.5). TrendMatrix value score: 6.1/10. Verdict: Hold.
22 analysts rate RPM, with a consensus score of 4.0/5. 16 analysts publish price targets averaging $124.
What does RPM International Inc. do?RPM International makes specialty coatings, sealants, roofing systems and related products through three segments:...
RPM International makes specialty coatings, sealants, roofing systems and related products through three segments: Construction Products, Performance Coatings and Consumer, with manufacturing in 22 countries. It generated $7.9 billion of net sales in fiscal 2026, selling to contractors, distributors, industrial users and mass merchandisers, with 31% of sales international. Rust-Oleum, Carboline, DAP and Tremco are its most significant trademarks.