RPM International Inc (RPM)
Total asset turnover
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,372,650 | 7,298,830 | 7,345,250 | 7,292,210 | 7,335,280 | 7,343,330 | 7,336,530 | 7,335,960 | 7,256,420 | 7,224,100 | 7,141,800 | 6,989,630 | 6,707,730 | 6,468,150 | 6,303,670 | 6,150,050 | 6,106,300 | 5,820,950 | 5,725,530 | 5,640,900 |
| Total assets | US$ in thousands | 7,775,950 | 6,619,580 | 6,683,070 | 6,649,880 | 6,586,540 | 6,382,400 | 6,537,380 | 6,715,280 | 6,782,000 | 6,609,420 | 6,849,510 | 6,802,990 | 6,707,710 | 6,330,600 | 6,254,900 | 6,166,200 | 6,252,970 | 5,792,380 | 5,790,210 | 5,694,420 |
| Total asset turnover | 0.95 | 1.10 | 1.10 | 1.10 | 1.11 | 1.15 | 1.12 | 1.09 | 1.07 | 1.09 | 1.04 | 1.03 | 1.00 | 1.02 | 1.01 | 1.00 | 0.98 | 1.00 | 0.99 | 0.99 |
May 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $7,372,650K ÷ $7,775,950K
= 0.95
The total asset turnover ratio for RPM International Inc. demonstrates a generally upward trend over the analyzed period from August 2020 through May 2025. Starting at approximately 0.99 in August and November 2020, the ratio remains stable around this level through early 2021, with slight fluctuations. By February 2021, it reaches a full 1.00, indicating that the company is generating roughly one dollar of sales for each dollar of assets possessed.
Throughout 2021, the ratio exhibits incremental improvements, surpassing 1.00 by November 2021, reaching approximately 1.01. The upward momentum continues into 2022, with ratios of around 1.02 in February and reaching 1.03 in August. This suggests that RPM was becoming more efficient in utilizing its assets to generate sales during this period.
The ratio peaks at roughly 1.12 in November 2023 and February 2024, indicating a period of enhanced asset utilization efficiency. This peak is followed by minor declines, with the ratio stabilizing around 1.10 to 1.15 through late 2024 and early 2025, before slightly decreasing to approximately 0.95 in May 2025.
Overall, the data indicates a positive trend in RPM International Inc.'s total asset turnover over the analyzed period, reflecting improved efficiency in leveraging its assets to support sales. However, the slight decline observed toward the end of the period suggests a potential normalization or slight deterioration in asset efficiency, warranting further analysis to identify underlying factors.
Peer comparison
May 31, 2025