RPM International Inc (RPM)

Operating profit margin

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 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019
Operating income (ttm) US$ in thousands 600,530 575,395 553,867 525,655 490,732 533,353 525,999 515,786 452,567 430,630 429,901 428,660 488,569 1,050,919 1,033,631 972,929 888,300 1,018,100 999,152 984,577
Revenue (ttm) US$ in thousands 7,210,630 7,210,030 7,225,690 7,227,590 7,153,220 7,135,330 7,037,070 6,891,810 6,615,470 6,379,750 6,216,330 6,062,430 6,018,050 5,756,940 5,658,510 5,568,830 5,428,360 5,570,800 5,534,900 5,496,300
Operating profit margin 8.33% 7.98% 7.67% 7.27% 6.86% 7.47% 7.47% 7.48% 6.84% 6.75% 6.92% 7.07% 8.12% 18.25% 18.27% 17.47% 16.36% 18.28% 18.05% 17.91%

May 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $600,530K ÷ $7,210,630K
= 8.33%

The operating profit margin of RPM International Inc has shown fluctuations over the past few quarters. The margin has ranged from 6.75% to 8.33% during the period under review. It appears that the margin experienced a notable increase in the last quarter of 2020 and the first quarter of 2021, reaching levels above 18%.

However, the operating profit margin declined in the subsequent quarters but remained relatively stable within the range of 6.75% to 8.33%. Despite the fluctuations, RPM International Inc has managed to maintain a reasonable level of operating profit margin, indicating efficient cost management and profitability levels relative to its revenue.

Overall, the trend in the operating profit margin suggests that RPM International Inc has been able to effectively control costs and generate profits, although there have been some fluctuations in recent quarters.


Peer comparison

May 31, 2024

Company name
Symbol
Operating profit margin
RPM International Inc
RPM
8.33%
Axalta Coating Systems Ltd
AXTA
11.33%
PPG Industries Inc
PPG
14.76%