Company / R&D Expense
RPM International R&D Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$94.7M
FY2024
5-year range
$80.5M / $94.7M
FY2020-FY2024
Trend
+2.7%
vs FY2023
Sector context
#22 of 51
Materials
What the data says
At $95M, RPM International's r&d expense ranks #22 of 51 in the Materials sector. R&D Expense has increased for 8 consecutive years, from $65M in FY2016 to $95M in FY2024.
Based on SEC 10-K filings.
$95M in FY2024 with a 5-year CAGR of +4.4%.
Improved from $87M to $95M over the past 2 years.
Materials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +5.6%
- 5-Year CAGR
- +4.4%
- 10-Year CAGR
- -
Sector benchmark
#22 of 51 in MaterialsTop 43% of 51This company $94.7M Sector average $135.2M
▼
-29.9% below sector average
Key checks
Key Insights
- RPM International's r&d expense has grown for 8 consecutive years.
- 5-year CAGR of +4.4%, indicating consistent growth.
- In FY2024, r&d expense increased 2.7% year-over-year.
- Ranks #22 out of 51 companies in the Materials sector.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.75 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $94.7M | +2.7% |
| FY2023 | $92.2M | +6.5% |
| FY2022 | $86.6M | +7.6% |
| FY2021 | $80.5M | +3.7% |
| FY2020 | $77.6M | +1.4% |
| FY2019 | $76.5M | +6.8% |
| FY2018 | $71.6M | +2.7% |
| FY2017 | $69.7M | +7.4% |
| FY2016 | $64.9M | +5.5% |
As of FY2024 · SEC 10-K · Updated Mar 28, 2026