# RPM earnings call intelligence

LOPJLB CallCard / temporal rollup · freemium · [stock page](https://www.lopjlb.com/stock/RPM) · [Earnings tab](https://www.lopjlb.com/stock/RPM?tab=earnings)

Updated: 2026-10-08T08:57:15

Quarters analyzed: 8

## Cross-quarter narrative

Across eight earnings calls from early 2025 to mid‑2026 RPM moved from a record‑setting sales and EBIT momentum driven by the MAP 2025 rollout to a more nuanced outlook where growth remains solid but is tempered by persistent macro headwinds. Early calls highlighted weather‑driven volatility, elevated mortgage rates and tariff concerns, while the MAP program and SG&A streamlining delivered margin upside and enabled record cash returns. By Q3 2025 the company began emphasizing a new three‑segment structure and continued aggressive M&A, yet raw‑material inflation and DIY softness surfaced as recurring drags. In 2026 the focus shifted to integrating acquisitions (Kalzip, Malaysia plant), rolling out MAP 3.0 and further SG&A optimization, while plant‑consolidation inefficiencies and geopolitical shocks in the Middle East added cost pressure. Throughout, interest‑rate sensitivity, tariff risk and consumer DIY weakness persisted, whereas weather‑related fears faded. The firm consistently returned cash, raised dividends and kept leverage low, signaling confidence despite uncertain demand visibility and supply‑chain disruptions.

## Latest CallCard · Q1

**Guidance:** vague

**Tone:** mgmt 0 · Q&A pressure 0 · divergence 0

## Quarter one-liners

- **2027 Q1:** —
- **2026 Q4:** RPM posted record Q4 sales and adjusted EBIT, highlighted strong construction and performance coatings growth, noted raw‑material inflation and consumer DIY softness, and guided to mid‑single‑digit sales growth for FY2027 amid geopolitical and supply‑chain uncertainty.
- **2026 Q3:** RPM delivered record Q3 results with strong earnings growth and margin expansion across segments, but faces heightened uncertainty from Middle East conflict driving raw material inflation and supply disruptions, prompting wider guidance ranges.
- **2026 Q2:** RPM posted record sales but margins fell as DIY demand softened, construction lead times lengthened and SG&A costs rose; management is accelerating SG&A optimization and targeting growth investments while guiding to mid‑single‑digit sales growth.
- **2026 Q1:** RPM delivered record sales and adjusted EBIT in Q1 2026, driven by growth investments and acquisitions, but faces macro uncertainty, tariff volatility, higher healthcare costs and plant‑consolidation inefficiencies.
- **2025 Q4:** RPM delivered record Q4 and FY25 results driven by MAP 2025 benefits, announced new 3-segment structure, and guided FY26 sales low to mid-single digits with adjusted EBIT high single to low double-digit growth amid tariff uncertainty and consumer DIY softness.
- **2025 Q3:** RPM faced weather‑driven sales pressure and raw‑material cost inflation in Q3, but MAP 2025 initiatives improved cash flow and working capital, and the company sees flat Q4 sales with modest earnings growth, pending the Pink Stuff acquisition.
- **2025 Q2:** RPM delivered record Q2 sales, adj. EBIT margin, and adj. EPS driven by MAP 2025 benefits, but Q3 guidance is flat due to a harsh winter; full-year sales guidance maintained at low-single-digit growth, adj. EBIT range narrowed to 6-10%.

## Theme arcs

- **Sales growth** (stable): Record sales each quarter; guidance now low‑ to mid‑single‑digit growth
- **Margin dynamics** (deteriorating): Initial record EBIT margin eroded by raw‑material inflation, SG&A rise and plant‑consolidation costs
- **Weather impact** (resolved): Harsh winter and weather‑driven construction slowdown cited early, later absent
- **Macro/interest‑rate uncertainty** (stable): Elevated mortgage rates and broader economic uncertainty mentioned in every call
- **Tariff risk** (stable): Tariff exposure repeatedly noted, partially offset by pricing
- **MAP program execution** (improving): From on‑track to fully delivered, providing $70‑$85M cost savings
- **Plant consolidation inefficiencies** (deteriorating): Recurring $6‑$10M unfavorable conversion costs
- **Acquisition activity** (improving): Aggressive M&A (Pink Stuff, Kalzip, Malaysia) and integration progress
- **Consumer DIY demand** (deteriorating): Softness persisted and volume declined 2‑3%
- **Geopolitical risk** (deteriorating): Emerging Middle‑East conflict added raw‑material inflation and supply concerns

## Guidance path

2025 Q2:maintained → 2025 Q3:maintained → 2025 Q4:maintained → 2026 Q1:lowered → 2026 Q2:maintained → 2026 Q3:maintained → 2026 Q4:maintained → 2027 Q1:vague

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Research context only. Not personalized investment advice.

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