RPM International Inc (RPM)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,050,478 | 2,999,287 | 3,038,961 | 3,022,645 | 3,014,589 | 2,959,157 | 2,890,027 | 2,832,190 | 2,748,044 | 2,711,398 | 2,671,950 | 2,564,173 | 2,433,053 | 2,387,942 | 2,361,297 | 2,364,855 | 2,405,159 | 2,265,724 | 2,228,530 | 2,171,756 |
| 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 |
| Gross profit margin | 41.38% | 41.09% | 41.37% | 41.45% | 41.10% | 40.30% | 39.39% | 38.61% | 37.87% | 37.53% | 37.41% | 36.69% | 36.27% | 36.92% | 37.46% | 38.45% | 39.39% | 38.92% | 38.92% | 38.50% |
May 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,050,478K ÷ $7,372,650K
= 41.38%
The gross profit margin of RPM International Inc. has demonstrated a generally upward trend over the analyzed period from August 2020 through May 2025. Initially, in August 2020, the gross profit margin stood at 38.50%, with slight fluctuations observed in subsequent periods. Throughout 2020 and into early 2021, there was a modest increase, reaching a peak of 39.39% by May 2021.
Following this, the gross margin experienced a gradual decline, falling to a low of approximately 36.27% in May 2022, indicating a period of margin compression. However, from that point onward, there was a consistent recovery, with margins ascending back to approximately 37.87% in May 2023.
Notably, from August 2023 onward, the gross profit margin continued its upward trajectory, surpassing previous levels and reaching 38.61% by August 2023. The trend persisted into 2024 and 2025, with margins further increasing to around 41.10% in May 2024 and maintaining upward momentum with values like 41.45% in August 2024 and 41.38% in May 2025.
Overall, the data indicates that RPM International Inc. has been able to improve its gross profitability over time, especially in the recent periods, reflecting potentially enhanced cost management, pricing strategies, product mix, or operational efficiencies contributing to higher gross profit margins.
Peer comparison
May 31, 2025