RPM Posts Record FY2026 Results, Appoints New President/COO, and Ups Buyback by $700M
RPM is trading near its 52-week low of $92.92 (8.9% above the low).
Summary
RPM International posted record fiscal 2026 results with sales up 6.7% to $7.86B and adjusted EPS of $5.53. The company named David Dennsteadt as President/COO, boosted its buyback authorization by $700M, and guided for mid-single-digit sales and adjusted EBITDA growth in FY2027.
Key Events · Earnings and Guidance · RPM
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Record FY2026 Results
Full-year sales rose 6.7% to $7.86 billion; adjusted diluted EPS reached $5.53, up 4.3% year-over-year. Fourth-quarter adjusted EBIT hit a record $338.6 million.
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New President and COO Named
David C. Dennsteadt, previously Executive Vice President, was appointed President and COO effective July 17, 2026, adding oversight of operating groups and corporate development.
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$700M Buyback Increase
The board authorized a $700 million increase to the existing repurchase program, bringing total remaining authorization to approximately $815 million.
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FY2027 Guidance Issued
First-quarter outlook calls for mid-single-digit sales and adjusted EBITDA growth; full-year guidance projects 3-7% sales growth and 5-10% adjusted EBITDA growth.
Analysis · RPM · Industrial Applications And Services
RPM delivered record fiscal 2026 sales of $7.86 billion and adjusted diluted EPS of $5.53, beating expectations and issuing upbeat FY2027 guidance. The appointment of David Dennsteadt as President and COO signals a leadership evolution, while the $700 million increase to the share repurchase program—bringing total authorization to roughly $815 million—represents a significant capital return commitment. Together, these moves underscore strong operational momentum and confidence in sustained growth.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 36.5% of the 1055 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, RPM was trading at $101.23 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $13B. The 52-week trading range was $92.92 to $129.12. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.