RPM FY 2020 Earnings Report — RPM International Inc. Revenue & Financial Results | Market Cap Arena

RPM International Inc.RPM

FY 2020 Earnings

Reported July 27, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$5.5B	—	$5.6B	—	-1.0%
Op. Income	$554M	—	$496M	—	11.8%
Gross Margin	38.3%	—	40.6%	—	-2.3pp
Net Margin	5.5%	—	4.8%	—	0.7pp
EPS (Diluted)	$2.34	—	$1.98	—	18.2%
Free Cash Flow	$402M	—	$156M	—	157.5%

Revenue Flow

Item	Amount
REVENUE	$5.5B
Cost of Revenue	$3.4B
GROSS PROFIT	$2.1B
R&D Expenses	$77M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.5B
Other Expenses	$0
Operating Expenses	$1.6B
Cost & Expenses	$5.0B
OPERATING INCOME	$554M
Interest Income	$5M
Interest Expense	$101M
Other Income/Expenses	-$147M
INCOME BEFORE TAX	$408M
Income Tax Expense	$103M
Net Income from Continuing Ops	$305M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$304M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$304M
D&A	$157M
EBIT	$509M
EBITDA	$666M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$5.5B
Cost of Revenue	$3.4B
GROSS PROFIT	$2.1B
R&D Expenses	$77M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.5B
Other Expenses	$0
Operating Expenses	$1.6B
Cost & Expenses	$5.0B
OPERATING INCOME	$554M
Interest Income	$5M
Interest Expense	$101M
Other Income/Expenses	-$147M
INCOME BEFORE TAX	$408M
Income Tax Expense	$103M
Net Income from Continuing Ops	$305M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$304M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$304M
D&A	$157M
EBIT	$509M
EBITDA	$666M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$305M
Depreciation & Amortization	$157M
Stock-Based Compensation	$20M
Deferred Income Tax	-$12M
Other Non-Cash Items	$6M
Change in Working Capital	$74M
OPERATING CASH FLOW	$550M
Capital Expenditure	-$148M
Acquisitions (Net)	-$65M
Purchases of Investments	-$29M
Sales/Maturities of Investments	$31M
Other Investing Activities	$799.0K
NET CASH FROM INVESTING	-$210M
Net Debt Issuance	$14M
Common Stock Repurchased	-$143M
Common Dividends Paid	-$185M
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$317M
FREE CASH FLOW	$402M
Net Change in Cash	$10M

Balance Sheet

Item	Amount
Cash & Equivalents	$233M
Short-Term Investments	$0
Net Receivables	$1.1B
Inventory	$810M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.4B
PP&E (Net)	$1.1B
Goodwill	$1.3B
Intangible Assets	$584M
Long-Term Investments	$0
Tax Assets	$31M
Other Non-Current Assets	$208M
TOTAL NON-CURRENT ASSETS	$3.2B
TOTAL ASSETS	$5.6B
Account Payables	$535M
Short-Term Debt	$81M
Deferred Revenue	$0
Other Current Liabilities	$186M
TOTAL CURRENT LIABILITIES	$1.1B
Long-Term Debt	$2.5B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$60M
Other Non-Current Liabilities	$510M
TOTAL NON-CURRENT LIABILITIES	$3.3B
TOTAL LIABILITIES	$4.4B
Common Stock	$1M
Additional Paid-In Capital	$1.0B
Retained Earnings	$1.5B
Treasury Stock	-$580M
Accum. Other Comp. Income	-$717M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$2M
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$5.6B
Total Debt	$2.8B
Net Debt	$2.6B