RPM International Inc. (RPM) Balance Sheet
RPM balance sheet, FY2026
May 31, 2026 · U.S. dollars$8.34B assets = $5.03B liabilities + $3.31B equity
Both columns are drawn to the same scale: what RPM owns equals what it owes plus shareholders’ equity. Hover a block for its value.
RPM financial health
Descriptive bands, not a rating. Fiscal FY2026.
RPM balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $5.09BFY2017 | $8.34BFY2026 | +5.6%/yr | |
| Total liabilities | $3.65BFY2017 | $5.03BFY2026 | +3.6%/yr | |
| Shareholders’ equity | $1.44BFY2017 | $3.31BFY2026 | +9.7%/yr | |
| Cash & short-term investments | $350.5MFY2017 | $315.2MFY2026 | −1.2%/yr | |
| Total debt | $2.09BFY2017 | $2.87BFY2026 | +3.6%/yr | |
| Net cash (debt) | −$1.74BFY2017 | −$2.56BFY2026 | −$820.0M | |
| Working capital | $1.16BFY2017 | $1.40BFY2026 | +$235.7M | |
| Book value per share | $10.62FY2017 | $25.96FY2026 | +10.4%/yr | |
| Current ratio | 1.94FY2017 | 1.68FY2026 | −0.26 | |
| Debt / equity | 1.46FY2017 | 0.87FY2026 | −0.59 | |
| Shares outstanding | 135.2MFY2017 | 127.6MFY2026 | −0.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RPM assets
RPM liabilities and equity
RPM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
RPM balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $315.2M | $302.1M | $237.4M | $215.8M | $201.7M | $246.7M | $233.4M | $223.2M | $244.4M | $350.5M |
| Cash & equivalents | $315.2M | $302.1M | $237.4M | $215.8M | $201.7M | $246.7M | $233.4M | $223.2M | $244.4M | $350.5M |
| Short-term investments | — | $4.1M | $6.5M | $5.1M | $6.0M | $3.9M | $7.6M | $8.6M | $97.4M | $89.5M |
| Receivables | $1.66B | $1.51B | $1.42B | $1.50B | $1.43B | $1.28B | $1.14B | $1.23B | $1.11B | $995.3M |
| Inventory | $1.06B | $1.04B | $956.5M | $1.14B | $1.21B | $938.1M | $810.4M | $841.9M | $834.5M | $788.2M |
| Other current assets | $423.2M | $322.6M | $282.1M | $329.8M | $304.9M | $316.4M | $241.6M | $220.7M | $278.2M | $263.4M |
| Total current assets | $3.46B | $3.17B | $2.90B | $3.18B | $3.15B | $2.78B | $2.42B | $2.52B | $2.47B | $2.40B |
| Property, plant & equipment (net) | $3.32B | $1.84B | $1.66B | $1.57B | $1.41B | $1.27B | $1.13B | $819.2M | $780.3M | $742.7M |
| Goodwill & intangible assets | $2.51B | $2.40B | $1.82B | $1.85B | $1.93B | $1.97B | $1.83B | $1.85B | $1.78B | $1.72B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16.4M | $70.7M | $75.0M |
| Other non-current assets | $0 | $363.4M | $206.7M | $180.2M | $214.0M | $230.5M | $238.9M | $240.8M | $173.4M | $158.3M |
| Total assets | $8.34B | $7.78B | $6.59B | $6.78B | $6.71B | $6.25B | $5.63B | $5.44B | $5.27B | $5.09B |
| Liabilities | ||||||||||
| Accounts payable | $853.5M | $755.9M | $649.6M | $680.9M | $800.4M | $717.2M | $535.3M | $556.7M | $592.3M | $534.7M |
| Short-term debt | $407.8M | $7.7M | $136.2M | $178.6M | $603.5M | $1.3M | $80.9M | $552.4M | $3.5M | $253.6M |
| Deferred revenue | — | — | −$72.3M | $42.4M | $44.9M | $33.1M | $25.3M | $25.9M | — | — |
| Total current liabilities | $2.06B | $1.47B | $1.47B | $1.49B | $2.02B | $1.33B | $1.09B | $1.54B | $1.01B | $1.24B |
| Long-term debt | $2.13B | $2.64B | $1.99B | $2.51B | $2.08B | $2.38B | $2.46B | $1.97B | $2.17B | $1.84B |
| Lease obligations | $341.3M | $317.3M | $281.3M | $285.5M | $265.1M | $257.4M | $244.7M | — | — | — |
| Other long-term liabilities | $844.7M | $782.8M | $617.3M | $643.0M | $624.3M | $800.0M | $814.4M | $519.9M | $460.9M | $579.9M |
| Total liabilities | $5.03B | $4.89B | $4.07B | $4.64B | $4.72B | $4.51B | $4.37B | $4.03B | $3.64B | $3.65B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $983.4M | $955.8M |
| Retained earnings (deficit) | $3.58B | $3.19B | $2.76B | $2.40B | $2.14B | $1.85B | $1.54B | $1.43B | $1.34B | $1.17B |
| Treasury stock | — | — | — | — | — | −$653.0M | −$580.1M | −$437.3M | −$236.3M | −$218.2M |
| Accumulated other comprehensive income | −$447.2M | −$533.6M | −$537.3M | −$604.9M | −$537.3M | −$514.9M | −$717.5M | −$577.6M | −$459.0M | −$474.0M |
| Minority interest | $1.6M | $1.4M | $1.3M | $2.2M | $1.4M | $2.0M | $2.2M | $2.7M | $2.8M | $2.6M |
| Total shareholders' equity | $3.31B | $2.89B | $2.51B | $2.14B | $1.98B | $1.74B | $1.26B | $1.41B | $1.63B | $1.44B |
| Key figures | ||||||||||
| Total debt | $2.87B | $2.96B | $2.41B | $2.97B | $2.95B | $2.64B | $2.78B | $2.53B | $2.17B | $2.09B |
| Net cash (debt) | −$2.56B | −$2.66B | −$2.17B | −$2.75B | −$2.75B | −$2.39B | −$2.55B | −$2.30B | −$1.93B | −$1.74B |
| Working capital | $1.40B | $1.70B | $1.43B | $1.69B | $1.14B | $1.45B | $1.33B | $978.7M | $1.46B | $1.16B |
| Tangible book value | $798.7M | $486.9M | $689.0M | $292.3M | $52.3M | −$233.4M | −$572.0M | −$440.9M | −$145.7M | −$280.9M |
| Book value per share | $25.96 | $22.51 | $19.56 | $16.62 | $15.30 | $13.50 | $9.71 | $10.47 | $11.89 | $10.62 |
| Shares outstanding | 127.6M | 128.2M | 128.3M | 128.8M | 129.6M | 128.9M | 130.0M | 134.3M | 137.2M | 135.2M |
| Current ratio | 1.68 | 2.16 | 1.97 | 2.14 | 1.56 | 2.09 | 2.22 | 1.64 | 2.45 | 1.94 |
| Quick ratio | 0.96 | 1.23 | 1.13 | 1.15 | 0.81 | 1.15 | 1.25 | 0.95 | 1.35 | 1.09 |
| Debt / equity | 0.87 | 1.03 | 0.96 | 1.39 | 1.49 | 1.51 | 2.21 | 1.80 | 1.33 | 1.46 |
| Equity / assets | 39.7% | 37.1% | 38.1% | 31.6% | 29.6% | 27.8% | 22.4% | 25.8% | 30.9% | 28.2% |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $312.8M | $315.2M | $294.2M | $316.6M | $297.1M | $302.1M | $241.9M | $268.7M | $231.6M | $237.4M | $248.9M | $262.7M |
| Cash & equivalents | $312.8M | $315.2M | $294.2M | $316.6M | $297.1M | $302.1M | $241.9M | $268.7M | $231.6M | $237.4M | $248.9M | $262.7M |
| Short-term investments | — | — | — | — | — | — | — | — | — | $6.5M | — | — |
| Receivables | $1.52B | $1.70B | $1.26B | $1.37B | $1.47B | $1.51B | $1.11B | $1.29B | $1.34B | $1.42B | $1.07B | $1.23B |
| Inventory | $1.14B | $1.06B | $1.12B | $1.08B | $1.07B | $1.04B | $1.04B | $995.3M | $1.00B | $956.5M | $1.08B | $1.10B |
| Other current assets | $405.1M | $384.0M | $377.8M | $351.0M | $365.3M | $322.6M | $367.2M | $326.2M | $319.1M | $282.1M | $344.9M | $320.1M |
| Total current assets | $3.38B | $3.46B | $3.05B | $3.12B | $3.20B | $3.17B | $2.76B | $2.88B | $2.90B | $2.90B | $2.75B | $2.92B |
| Property, plant & equipment (net) | $1.94B | $3.32B | $3.28B | $3.23B | $1.89B | $1.84B | $1.74B | $1.73B | $1.72B | $1.66B | $1.61B | $1.58B |
| Goodwill & intangible assets | $2.50B | $2.51B | $2.50B | $2.49B | $2.49B | $2.40B | $1.87B | $1.85B | $1.82B | $1.82B | $1.83B | $1.85B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $411.1M | $0 | $0 | $0 | $357.6M | $363.4M | $252.3M | $218.0M | $215.5M | $206.7M | $188.5M | $195.7M |
| Total assets | $8.23B | $8.34B | $7.88B | $7.87B | $7.94B | $7.78B | $6.62B | $6.68B | $6.65B | $6.59B | $6.38B | $6.54B |
| Liabilities | ||||||||||||
| Accounts payable | $889.7M | $853.5M | $675.4M | $741.2M | $762.0M | $755.9M | $640.4M | $672.9M | $693.5M | $649.6M | $577.9M | $650.8M |
| Short-term debt | $407.5M | $407.8M | $8.4M | $8.3M | $7.4M | $7.7M | $7.1M | $6.1M | $6.8M | $136.2M | $6.2M | $5.5M |
| Deferred revenue | — | — | — | — | — | — | — | — | $52.5M | $45.0M | $38.1M | $42.9M |
| Total current liabilities | $1.92B | $2.06B | $1.34B | $1.41B | $1.41B | $1.47B | $1.24B | $1.29B | $1.28B | $1.47B | $1.20B | $1.25B |
| Long-term debt | $0 | $2.13B | $2.55B | $2.51B | $2.66B | $2.64B | $2.09B | $2.02B | $2.05B | $1.99B | $2.19B | $2.25B |
| Lease obligations | — | $341.3M | $342.8M | $348.2M | $340.4M | $317.3M | $296.9M | $304.5M | $316.1M | $281.3M | $278.0M | $278.0M |
| Other long-term liabilities | $2.83B | $844.7M | $851.0M | $821.5M | $811.1M | $782.8M | $610.1M | $651.7M | $670.4M | $617.3M | $645.1M | $673.6M |
| Total liabilities | $4.75B | $5.03B | $4.74B | $4.74B | $4.89B | $4.89B | $3.94B | $3.97B | $4.00B | $4.07B | $4.03B | $4.17B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M |
| Retained earnings (deficit) | $3.77B | $3.58B | $3.43B | $3.45B | $3.36B | $3.19B | $3.03B | $3.05B | $2.93B | $2.76B | $2.64B | $2.64B |
| Accumulated other comprehensive income | −$446.7M | −$447.2M | −$478.8M | −$521.9M | −$512.8M | −$533.6M | −$598.3M | −$580.8M | −$540.6M | −$537.3M | −$593.7M | −$589.7M |
| Minority interest | — | $1.6M | $1.5M | $1.4M | $1.4M | $1.4M | — | — | — | — | — | — |
| Total shareholders' equity | $3.48B | $3.31B | $3.15B | $3.13B | $3.06B | $2.89B | $2.67B | $2.72B | $2.65B | $2.51B | $2.35B | $2.36B |
| Key figures | ||||||||||||
| Total debt | $2.74B | $2.87B | $2.90B | $2.87B | $3.01B | $2.96B | $2.39B | $2.33B | $2.37B | $2.41B | $2.47B | $2.53B |
| Net cash (debt) | −$2.43B | −$2.56B | −$2.60B | −$2.55B | −$2.71B | −$2.66B | −$2.15B | −$2.06B | −$2.14B | −$2.17B | −$2.22B | −$2.27B |
| Working capital | $1.45B | $1.40B | $1.72B | $1.71B | $1.79B | $1.70B | $1.52B | $1.59B | $1.62B | $1.43B | $1.54B | $1.66B |
| Tangible book value | $978.7M | $798.7M | $644.3M | $638.9M | $565.4M | $486.9M | $805.3M | $862.3M | $829.1M | $689.0M | $513.4M | $515.2M |
| Book value per share | $27.34 | $25.96 | $24.64 | $24.49 | $23.88 | $22.56 | $20.87 | $21.16 | $20.63 | $19.57 | $18.29 | $18.41 |
| Shares outstanding | 127.2M | 127.6M | 127.7M | 127.8M | 128.0M | 127.9M | 128.2M | 128.3M | 128.4M | 128.3M | 128.3M | 128.2M |
| Current ratio | 1.76 | 1.68 | 2.28 | 2.22 | 2.26 | 2.16 | 2.22 | 2.23 | 2.26 | 1.97 | 2.29 | 2.33 |
| Quick ratio | 0.95 | 0.98 | 1.16 | 1.20 | 1.25 | 1.23 | 1.08 | 1.21 | 1.23 | 1.13 | 1.10 | 1.19 |
| Debt / equity | 0.79 | 0.87 | 0.92 | 0.92 | 0.99 | 1.03 | 0.90 | 0.86 | 0.89 | 0.96 | 1.05 | 1.07 |
| Equity / assets | 42.3% | 39.7% | 39.9% | 39.8% | 38.5% | 37.1% | 40.4% | 40.6% | 39.8% | 38.1% | 36.8% | 36.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed July 22, 2026); data from EODHD.
RPM financial position
At the end of fiscal 2026 (May 31, 2026), RPM International had total assets of $8.3 billion (up 7.3% from a year earlier), total liabilities of $5.0 billion and shareholders' equity of $3.3 billion. It held $315.2 million in cash and short-term investments against $2.9 billion of debt, net debt of $2.6 billion. Its current ratio was 1.68. In the latest quarter (ended August 31, 2026) total assets were $8.2 billion and equity $3.5 billion.
Related: RPM income statement, RPM cash flow statement, RPM key metrics. See the RPM stock overview for the latest quote and news.
RPM balance sheet FAQ
What are RPM International's total assets?
RPM International reported total assets of $8.3 billion at the end of fiscal 2026 (May 31, 2026), compared with $7.8 billion a year earlier.
How much debt does RPM International have?
RPM International had $2.9 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.87.
How much cash does RPM International have?
RPM International held $315.2 million in cash and short-term investments at the end of fiscal 2026; with $2.9 billion of debt that is net debt of $2.6 billion.
What is RPM International's book value?
RPM International's shareholders' equity (book value) was $3.3 billion at the end of fiscal 2026, or $25.96 per share.
What is RPM International's current ratio?
RPM International had current assets of $3.5 billion and current liabilities of $2.1 billion, a current ratio of 1.68 (it can cover its short-term obligations).
How much goodwill does RPM International have?
RPM International carried $2.5 billion of goodwill and intangible assets, 30.1% of total assets, at the end of fiscal 2026.