RPM International Reports 8.9% Q3 Revenue Growth to $1.61B, EPS $0.57
RPM International delivered record Q3 results with revenue up 8.9% to $1.61 billion and adjusted EPS of $0.57, a 62.9% year-on-year gain that topped consensus by 3.5% on revenue and 56% on earnings. Organic sales grew 3.0%, acquisitions 3.5% and FX 2.4%, while EBIT rose 48.8% to $116.4 million, powered by operational improvements and $50 million Green Belt savings.
1. Q3 Financial Highlights and Balance Sheet
RPM posted record Q3 fiscal 2026 results with revenue of $1.61 billion, up 8.9% year-on-year, and adjusted EPS of $0.57, up 62.9%, topping consensus by 3.5% on revenue and 56% on earnings. The company closed the quarter with $1.02 billion in liquidity, a 0.81 debt-to-equity ratio and a 2.28 current ratio.
2. Margin Expansion and Operational Savings
Adjusted EBIT rose 48.8% to $116.4 million, driven by operational improvements under the MAP initiatives and a Green Belt program that has delivered over $50 million in cost savings with a $30 million pipeline for future efficiencies.
3. Sales Growth Drivers
Organic sales grew 3.0%, acquisitions contributed 3.5% and foreign currency translation added 2.4%, reflecting strength in maintenance, repair and restoration solutions and targeted acquisitions in high-performance building segments.
4. Inflation Pressures and Pricing Outlook
Raw material costs have risen due to geopolitical volatility in the Middle East, prompting price increases of over 1% in Q3 and expectations of higher pricing in Q4 and Q1. Temporary consolidation inefficiencies cost $6 million and healthcare expenses increased with the addition of weight-loss drugs to benefit plans.