RPM International (MEX:RPM) Operating Income: MXN17,608 Mil (TTM As of Feb. 2026)

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MEX:RPM RPM International Inc MEX:RPM
86 GF Score
Price MXN2,060.00
GF Value MXN2,396.66
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What is RPM International Operating Income?

RPM International MEX:RPM 86 Operating Income is MXN17,608 Mil as of Feb. 2026. GuruFocus rates MEX:RPM with a GF Score™ of 86/100 and a GF Value™ of MXN2,396.66.

RPM International's Operating Income for the three months ended in Feb. 2026 was MXN1,738 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was MXN17,608 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. RPM International's Operating Income for the three months ended in Feb. 2026 was MXN1,738 Mil. RPM International's Revenue for the three months ended in Feb. 2026 was MXN27,690 Mil. Therefore, RPM International's Operating Margin % for the quarter that ended in Feb. 2026 was 6.28%.

Good Sign:

RPM International Inc operating margin is expanding. Margin expansion is usually a good sign.

RPM International's 5-Year average Growth Rate for Operating Margin % was 3.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RPM International's annualized ROC % for the quarter that ended in Feb. 2026 was 4.53%. RPM International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 11.21%.


RPM International  (MEX:RPM) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

RPM International's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=6953.304 * ( 1 - 25.53% )/( (116994.548 + 111778.806)/ 2 )
=5178.1254888/114386.677
=4.53 %

where

Invested Capital(Q: Nov. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=144184.52 - 21389.937 - ( 5800.035 - max(0, 25764.2 - 57180.555+5800.035))
=116994.548

Invested Capital(Q: Feb. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=135779.261 - 18934.022 - ( 5066.433 - max(0, 23048.77 - 52582.374+5066.433))
=111778.806

Note: The Operating Income data used here is four times the quarterly (Feb. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

RPM International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6630.244/( ( (34862.278 + max(25768.14, 0)) + (33047.953 + max(24611.532, 0)) )/ 2 )
=6630.244/( ( 60630.418 + 57659.485 )/ 2 )
=6630.244/59144.9515
=11.21 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24375.491 + 19848.492 + 7156.537) - (21389.937 + 0 + 4222.443)
=25768.14

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21067.718 + 19291.885 + 7156.338) - (18934.022 + 0 + 3970.387)
=24611.532

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

RPM International's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=1738.326/27690.007
=6.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


RPM International Operating Income Related Terms


RPM International Operating Income Historical Data

* Premium members only.

The historical data trend for RPM International's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RPM International Operating Income Chart

RPM International Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,770.78 12,689.05 14,057.12 15,311.66 17,485.95

RPM International Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,350.16 5,613.86 6,029.36 4,226.51 1,738.33
MEX:RPM
86GF Score
RPM International Inc MEX:RPM
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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RPM International Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN17,608 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of MXN17,608 Mil mean?
RPM International (MEX:RPM) has a Operating Income of MXN17,608 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on RPM International and its competitors.
Is RPM International's Operating Income too high?
RPM International's current Operating Income is MXN17,608 Mil. Overall, RPM International has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does RPM International's Operating Income compare to SOLS and ALB?
RPM International's Operating Income of MXN17,608 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Chemicals company?
A good Operating Income depends on the Chemicals industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on RPM International and its competitors. RPM International's current Operating Income is MXN17,608 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RPM International stock overvalued right now?
RPM International (MEX:RPM) has a current Operating Income of MXN17,608 Mil. The stock's GF Value™ is MXN2,396.66, compared to a current price of MXN2,060.00 — trading 14% below its estimated fair value. The current Operating Income is MXN17,608 Mil. RPM International's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For RPM International (MEX:RPM), the current Operating Income is MXN17,608 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RPM International (MEX:RPM) Overvalued in 2026?

Based on GuruFocus' analysis, RPM International stock appears to be undervalued. The current stock price of MXN2,060.00 is trading 14% below its estimated GF Value™ of MXN2,396.66.

Key valuation signals for MEX:RPM:

  • Operating Income: MXN17,608 Mil
  • GF Value™: MXN2,396.66 vs. price of MXN2,060.00 (14% below fair value)
  • GF Score™: 86/100

No single metric tells the full story. See the MEX:RPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RPM International Business Description

Other Exchanges RPM:USARP8:Germany
Address 2628 Pearl Road, P.O. Box 777, Medina, OH, USA, 44256
RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributors, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a line of products ranging from niche applications of the other groups to marine finishes, to edible food colorings. The majority of revenue is from the construction products and North America.
86GF Score

Get the complete analysis for MEX:RPM

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,060.00
Price
MXN2,396.66
GF Value