RPM International Inc (RPM)

Return on assets (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
Net income (ttm) US$ in thousands 688,688 643,541 652,706 615,007 588,397 559,146 524,921 510,760 478,691 526,336 532,381 525,912 491,481 448,623 453,846 456,630 502,643 455,810 429,421 378,792
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
ROA 8.86% 9.72% 9.77% 9.25% 8.93% 8.76% 8.03% 7.61% 7.06% 7.96% 7.77% 7.73% 7.33% 7.09% 7.26% 7.41% 8.04% 7.87% 7.42% 6.65%

May 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $688,688K ÷ $7,775,950K
= 8.86%

The analysis of RPM International Inc.'s return on assets (ROA) data indicates a general upward trend over the specified periods, reflecting improvements in asset utilization and profitability. Starting from a ROA of 6.65% as of August 31, 2020, the figure exhibits gradual increases over subsequent periods, reaching 8.93% by May 31, 2024. This escalation suggests enhanced operational efficiency and effective asset management, contributing to higher net income relative to total assets.

The ROA experienced minor fluctuations around the 7% to 8% range during the latter part of 2020 through mid-2023, with a notable peak at 8.76% on February 29, 2024. Following this peak, a slight decline occurred, with the ROA settling at approximately 8.86% on May 31, 2025. The continued positive trajectory, particularly from late 2023 onward, indicates a consistent strengthening of the company's profitability in relation to its asset base.

Overall, the movement of RPM International Inc.'s ROA reflects a steady improvement in operational performance and asset efficiency over the analyzed period, with indications of strong earnings generation relative to asset investments, especially in the most recent periods.


Peer comparison

May 31, 2025

Company name
Symbol
ROA
RPM International Inc
RPM
8.86%
Axalta Coating Systems Ltd
AXTA
5.39%
PPG Industries Inc
PPG
5.74%