RPM International reported a solid first quarter of fiscal 2026 (quarter ended August 31, 2025) with revenue of $2.1137 billion, up 5.26% year over year and up 43.15% quarter over quarter, signaling a seasonal rebound and favorable volume/mix in the early FY2026 frame. The company delivered a robust gross margin of 42.26%, contributing to an EBITDA of $319.7 million and an operating income of $319.7 million, yielding an EBITDA and operating margin of roughly 15.1%. Net income reached $227.6 million, with diluted EPS of $1.77 and basic EPS of $1.78. The quarter benefited from favorable product mix, disciplined cost management, and working-capital execution, supported by a strong balance sheet (total assets of $7.944 billion and total stockholders’ equity of $3.056 billion) and modest net debt (~$50.8 million). Liquidity was healthy, with cash and cash equivalents of $297.1 million and current liabilities of $1.414 billion, translating to a current ratio near 2.26x and quick/liquidity metrics in the mid-range for a diversified specialty chemicals business.
Management commentary, though not captured in this dataset, typically emphasizes product diversification, pricing discipline, and continued strength in maintenance, restoration, and renovation demand across professional contractors and DIY channels. The reported YoY improvements in revenue, gross profit, operating income, net income, and EPS reflect ongoing scale benefits, a favorable mix shift, and ongoing cost controls. The key questions for investors remain: (i) how sustainable the growth trajectory is into the next quarters given construction cyclicality, (ii) the trajectory of raw material costs and supply chain dynamics, and (iii) any potential accretive investments or acquisitions that could augment RPM’s footprint in coatings, sealants, and specialty flooring.