RPM International Inc (RPM)
Pretax margin
| May 31, 2025 | May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 792,760 | 787,837 | 649,382 | 606,799 | 668,438 |
| Revenue | US$ in thousands | 7,372,640 | 7,335,280 | 7,256,410 | 6,707,730 | 6,106,290 |
| Pretax margin | 10.75% | 10.74% | 8.95% | 9.05% | 10.95% |
May 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $792,760K ÷ $7,372,640K
= 10.75%
The pretax margin of RPM International Inc. has exhibited variability over the analyzed period from May 31, 2021, to May 31, 2025. In the fiscal year ending May 31, 2021, the pretax margin was 10.95%, representing the highest point within this timeframe. The subsequent year, ending May 31, 2022, saw a decline to 9.05%, indicating a reduction in profitability before accounting for taxes. This downward trend continued into the fiscal year ending May 31, 2023, with the pretax margin further decreasing slightly to 8.95%, suggesting a continued narrowing of profit margins before tax considerations.
However, in the following year, ending May 31, 2024, there was a notable improvement, with the pretax margin rising to 10.74%, approaching the levels observed in the 2021 fiscal year. This upward movement suggests a recovery or enhancement in earnings relative to revenue before tax expenses. The margin remained relatively stable in the subsequent year, ending May 31, 2025, at 10.75%, indicating a consolidation of improved profitability and a return to higher margin levels observed prior to 2022.
Overall, RPM International Inc.'s pretax margin experienced a decline between 2021 and 2023, followed by a recovery and stabilization in 2024 and 2025. The fluctuations reflect changes in operational efficiency, cost management, and revenue dynamics over the period.
Peer comparison
May 31, 2025