RPM International Inc (RPM)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 304,385 | 328,451 | 330,788 | 302,982 |
| Total stockholders’ equity | US$ in thousands | 2,510,880 | 2,346,810 | 2,360,550 | 2,281,140 | 2,140,840 | 2,053,160 | 2,090,460 | 1,996,060 | 1,982,430 | 1,835,050 | 1,836,110 | 1,788,580 | 1,741,060 | 1,547,480 | 1,547,740 | 1,449,590 | 1,262,440 | 1,350,510 | 1,400,690 | 1,343,390 |
| ROE | 23.43% | 23.83% | 22.24% | 22.39% | 22.36% | 25.64% | 25.47% | 26.35% | 24.79% | 24.45% | 24.72% | 25.53% | 28.87% | 29.45% | 27.75% | 26.13% | 24.11% | 24.32% | 23.62% | 22.55% |
May 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $588,397K ÷ $2,510,880K
= 23.43%
The Return on Equity (ROE) for RPM International Inc has shown fluctuations over the past few quarters, ranging from a low of 22.24% in November 2023 to a high of 29.45% in February 2021. The ROE values have generally been above 20%, indicating that the company has been generating healthy returns for its shareholders in relation to the equity invested.
The ROE trend for RPM International Inc has been relatively stable, with minor fluctuations within a reasonable range. This consistency suggests that the company has been efficient in utilizing its equity to generate profits.
Overall, the ROE performance of RPM International Inc reflects positively on the company's profitability and efficiency in utilizing shareholder equity to generate returns. It indicates that the company has been effectively managing its resources to create value for its shareholders.
Peer comparison
May 31, 2024