---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-093092"
form_type: "8-K"
ticker: "RPM"
cik: "0000110621"
company_name: "RPM INTERNATIONAL INC/DE/"
filed_at: "2023-04-06T23:59:59+00:00"
generated_at: "2026-06-17T04:55:08.981213+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RPM Q3 FY2023 net sales record $1.52B (+5.7%), but net income down 18.3% to $27.0M; Q4 guidance cautious

## Summary
- Diluted EPS $0.21 vs $0.25 prior year; adjusted diluted EPS $0.37 vs $0.38.
- Adjusted EBIT record $83.9M (+4.2%); MAP 2025 expenses $59.2M including $39.2M impairment.
- All four segments posted record sales; Consumer Group adjusted EBIT surged 180.4% to $48.3M.
- Q4 FY2023 outlook: flat consolidated sales; adjusted EBIT flat to down high-single digits vs record prior year.
- Cash from operations $263.0M in first nine months, up from $156.0M; total debt $2.82B; liquidity $843.5M.

## SEC filing metadata
- accession: 0001193125-23-093092
- form_type: 8-K
- ticker: RPM
- cik: 0000110621
- company_name: RPM INTERNATIONAL INC/DE/
- filed_at: 2023-04-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/110621/000119312523093092/0001193125-23-093092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/110621/000119312523093092/d426296d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-093092
- JSON: https://secwatch.observer/filing/0001193125-23-093092.json
- Plain text: https://secwatch.observer/filing/0001193125-23-093092.txt

## Key facts
- Earnings Releases
  RPM INTERNATIONAL INC/DE/ reported fiscal 2023 third quarter ended February 28, 2023 results: revenue $1.52 billion, net income $27.0 million, EPS $0.21. Guidance initiated.
  - Period: fiscal 2023 third quarter ended February 28, 2023
  - Revenue: $1.52 billion
  - Net income: $27.0 million
  - EPS: $0.21
  - Guidance: initiated
  - Result: reported results
  source text: RPM Reports Record Fiscal 2023 Third-Quarter Results • Record third-quarter net sales of $1.52 billion increased 5.7% over prior year • Third-quarter net income was $27.0 million, diluted EPS was $0.21, and EBIT was a record $70.5 million • Third-quarter adjusted diluted EPS was $0.37 and adjusted EBIT increased 4.2% to a record $83.9 million • Fiscal 2023 fourth-quarter outlook calls for flat sales growth and adjusted EBIT to be in a range of flat to declining high-single digits compared to the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/110621/000119312523093092/0001193125-23-093092-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.