Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

6 Months Ended

Nov. 30, 2025

Nov. 30, 2024

Nov. 30, 2025

Nov. 30, 2024

Income Statement [Abstract]

Net Sales

$ 1,909,895

$ 1,845,318

$ 4,023,638

$ 3,814,107

Cost of Sales

1,129,728

1,080,774

2,350,255

2,212,890

Gross Profit

780,167

764,544

1,673,383

1,601,217

Selling, General and Administrative Expenses

549,465

529,836

1,122,999

1,055,982

Restructuring Expense

4,531

7,557

13,345

14,759

Interest Expense

28,005

23,177

57,331

47,611

Investment (Income), Net

(10,026)

(8,526)

(23,430)

(19,552)

Other (Income), Net

(2,803)

(482)

(5,904)

(1,016)

Income Before Income Taxes

210,995

212,982

509,042

503,433

Provision for Income Taxes

49,521

29,532

119,728

91,429

Net Income

161,474

183,450

389,314

412,004

Less: Net Income Attributable to Noncontrolling Interests

267

246

502

1,108

Net Income Attributable to RPM International Inc. Stockholders

$ 161,207

$ 183,204

$ 388,812

$ 410,896

Average Number of Shares of Common Stock Outstanding:

Basic

127,129

127,658

127,206

127,675

Diluted

^[1]

127,649

128,344

127,799

128,392

Earnings per Share of Common Stock Attributable to RPM International Inc. Stockholders:

Basic

$ 1.26

$ 1.43

$ 3.04

$ 3.21

Diluted

$ 1.26

$ 1.42

$ 3.03

$ 3.19

[1]

The dilutive effect of performance-based restricted stock units is included when they have met minimum performance thresholds. The dilutive effect of SARs includes all outstanding awards except awards that are considered antidilutive. SARs are antidilutive when the exercise price exceeds the average market price of the Company’s common shares during the periods presented. For the three and six months ended November 30, 2025, approximately 580,000 and 480,000 shares of stock, respectively, granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive. For the three and six months ended November 30, 2024, approximately 300,000 and 230,000 shares of stock, respectively, granted under stock-based compensation plans were excluded from the calculation of diluted EPS, as the effect would have been anti-dilutive.

RPM INTERNATIONAL INC/DE/ 10-Q