RPM International Inc (RPM)
Total asset turnover
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,372,640 | 7,335,280 | 7,256,410 | 6,707,730 | 6,106,290 |
| Total assets | US$ in thousands | 7,775,950 | 6,586,540 | 6,782,000 | 6,707,710 | 6,252,970 |
| Total asset turnover | 0.95 | 1.11 | 1.07 | 1.00 | 0.98 |
May 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $7,372,640K ÷ $7,775,950K
= 0.95
The total asset turnover ratio of RPM International Inc. demonstrates variability over the observed period from May 31, 2021, through May 31, 2025. Starting at 0.98 in 2021, there is a gradual upward trend observed, reaching 1.00 in 2022 and further increasing to 1.07 in 2023. This indicates an improved efficiency in utilizing total assets to generate sales during these years. The ratio continues to rise in 2024, reaching 1.11, which signifies an even more efficient asset utilization compared to prior years. However, in 2025, the ratio declines to 0.95, marking a decrease below the levels recorded in 2021 and 2022, suggesting diminished effectiveness in asset utilization during that year. Overall, the pattern depicts an initial period of increasing asset efficiency followed by a decline, with the most recent year showing a reduction relative to the peak observed in 2024.
Peer comparison
May 31, 2025