Rpm International INC/DE/ (RPM) intrinsic value & 10-year financials
Rpm International INC/DE/ (RPM) has a Graham intrinsic value of $171.73 per share. At $99.73 on Oct 17, 2026, the stock trades 42% below that value. Over the last 10 fiscal years revenue grew 5.3% a year to $7.9B, with an average return on invested capital of 10.7%.
- Graham intrinsic value
- $171.73
- Share price (Oct 17, 2026)
- $99.73
- Price vs Graham value
- 42% below
- Market cap
- $12.7B
- Revenue (FY2026)
- $7.9B
- Revenue growth (10-yr CAGR)
- 5.3%
- ROIC (10-yr avg)
- 10.7%
- Free cash flow (FY2026)
- $675.2M
RPM 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $7.9B | $661.4M | $5.17 | $675.2M | — | 12.3% |
| FY2025 | $7.4B | $688.7M | $5.35 | $538.3M | — | 14.3% |
| FY2024 | $7.3B | $588.4M | $4.56 | $908.3M | — | 13.1% |
| FY2023 | $7.3B | $478.7M | $3.72 | $322.7M | — | 10.5% |
| FY2022 | $6.7B | $491.5M | $3.79 | -$43.7M | — | 11.8% |
| FY2021 | $6.1B | $502.6M | $3.87 | $609.0M | — | 13.5% |
| FY2020 | $5.5B | $304.4M | $2.34 | $402.2M | — | 8.4% |
| FY2019 | $5.6B | $266.6M | $2.01 | $156.2M | — | 7.3% |
| FY2018 | $5.3B | $337.8M | $2.50 | $275.8M | — | 10.0% |
| FY2017 | $5.0B | $181.8M | $1.36 | $260.0M | — | 5.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
RPM INTERNATIONAL INC/DE/ has demonstrated mature, steady growth, with revenue compounding at 5.3% annually over the past decade.
RPM INTERNATIONAL INC/DE/ returns on capital have been average, hovering around 10.7% ROIC over the decade.
RPM INTERNATIONAL INC/DE/ has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, RPM INTERNATIONAL INC/DE/ is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $171.73 per share.