RPM International Inc (RPM)

Operating return on assets (Operating ROA)

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
Operating income (ttm) US$ in thousands 899,941 884,404 913,735 903,966 888,243 857,219 847,784 822,629 786,825 787,492 770,778 695,890 611,435 575,045 582,683 645,784 734,163 696,887 660,330 600,135
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
Operating ROA 11.57% 13.36% 13.67% 13.59% 13.49% 13.43% 12.97% 12.25% 11.60% 11.91% 11.25% 10.23% 9.12% 9.08% 9.32% 10.47% 11.74% 12.03% 11.40% 10.54%

May 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $899,941K ÷ $7,775,950K
= 11.57%

The operating return on assets (ROA) of RPM International Inc has demonstrated an overall upward trend over the period analyzed. Beginning at 10.54% on August 31, 2020, the figure increased steadily, reaching its highest point of approximately 13.67% on November 30, 2024. Thereafter, the metric experienced a slight decline to 13.36% on February 28, 2025, and further decreased to 11.57% by May 31, 2025.

Throughout this timeframe, the operating ROA exhibited fluctuations, but the general trajectory was positive, indicating improved operational efficiency and asset utilization over the observed period. The consistent increase from 2020 to late 2024 suggests that RPM International Inc effectively enhanced its ability to generate operating income relative to its assets. The minor decline observed toward the end of the period may reflect temporary operational adjustments or market conditions affecting asset productivity.

In summary, the operating ROA indicates a favorable trend characterized by growth in the company's operational profitability relative to its asset base, with recent data showing a slight reduction that warrants ongoing monitoring for potential shifts in operational performance.


Peer comparison

May 31, 2025

Company name
Symbol
Operating ROA
RPM International Inc
RPM
11.57%
Axalta Coating Systems Ltd
AXTA
9.74%
PPG Industries Inc
PPG
11.65%