LOWOutside partyCustomer
20%
single largest customer
“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'”
RPM · Concentration risk · 10-K extracted
RPM International (RPM) concentration risks
Updated
The most significant concentration RPM International discloses is single largest customer at 20%, classified LOW by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: RPM International’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM0
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-18RPM discloses a single concentration: sales to its single largest customer represented 20%, 23% and 22% of the Consumer segment net sales for fiscal 2026, 2025 and 2024, respectively. It is a low-share exposure with a dependency character, and the denominator matters: the percentages are of the Consumer segment's net sales, not of the company's total sales, so the exposure to total revenue is smaller than the headline figures suggest. The trend is also informative. The share has moved within a narrow range across the three years, and the latest figure is the smallest of the three, so there is no sign of the relationship deepening into a larger dependency. The filing does not name the customer in the source quoted here, and nothing further should be inferred about it. With one disclosed exposure there is nothing to net against it. It is a contained, segment-level customer dependency: a loss or repricing would be felt in the Consumer segment first, but it is not, on this evidence, a concentration that would move the overall verdict on its own.
For the engine’s reasoning on RPM’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Specialty Chemicals
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| APD | Air Products and Chemicals, Inc | 2 | 0 | 0 | 2 |
| ALB | Albemarle Corporation | 1 | 1 | 0 | 2 |
| ASPN | Aspen Aerogels, Inc. | 1 | 0 | 0 | 1 |
| ASPI | ASP Isotopes Inc. | 0 | 1 | 0 | 1 |
| RPM● | RPM International Inc. | 0 | 0 | 1 | 1 |
| ASH | Ashland Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.