RPM International Inc (RPM)

Financial leverage ratio

May 31, 2025 May 31, 2024 May 31, 2023 May 31, 2022 May 31, 2021
Total assets US$ in thousands 7,775,950 6,586,540 6,782,000 6,707,710 6,252,970
Total stockholders’ equity US$ in thousands 2,885,360 2,510,880 2,140,840 1,982,430 1,741,060
Financial leverage ratio 2.69 2.62 3.17 3.38 3.59

May 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,775,950K ÷ $2,885,360K
= 2.69

The financial leverage ratio of RPM International Inc. demonstrates a consistent downward trend over the analyzed period from May 31, 2021, to May 31, 2025. Specifically, the ratio decreased from 3.59 in 2021 to 3.38 in 2022, indicating a modest reduction in leverage levels. This declining pattern continued, with the ratio further decreasing to 3.17 in 2023 and reaching 2.62 in 2024. Notably, there was a slight uptick to 2.69 in 2025, suggesting a minor increase in leverage during that year. Overall, the trend indicates an ongoing effort by RPM International Inc. to reduce its financial leverage, reflecting potential improvements in financial stability and decreased reliance on debt over time.


Peer comparison

May 31, 2025

Company name
Symbol
Financial leverage ratio
RPM International Inc
RPM
2.69
Axalta Coating Systems Ltd
AXTA
3.79
PPG Industries Inc
PPG
2.86