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Earnings Per Share (Tables)
6 Months Ended
Nov. 30, 2025
Earnings Per Share [Abstract]  
Reconciliation of Numerator and Denominator of Basic and Diluted Earnings Per Share

The following table sets forth the reconciliation of the numerator and denominator of basic and diluted earnings per share ("EPS") for the three- and six-month periods ended November 30, 2025 and 2024.

Three Months Ended

 

 

Six Months Ended

 

November 30,

 

November 30,

 

 

November 30,

 

November 30,

 

(In thousands, except per share amounts)

2025

 

2024

 

 

2025

 

2024

 

Numerator for earnings per share:

 

 

 

 

 

 

 

 

 

Net income attributable to RPM International Inc. stockholders

$

161,207

 

$

183,204

 

 

$

388,812

 

$

410,896

 

Less: Allocation of earnings and dividends to participating securities

 

(701

)

 

(739

)

 

 

(1,587

)

 

(1,615

)

Net income available to common shareholders - basic

 

160,506

 

 

182,465

 

 

 

387,225

 

 

409,281

 

Add: Undistributed earnings reallocated to unvested shareholders

 

1

 

 

3

 

 

 

5

 

 

7

 

Net income available to common shareholders - diluted

$

160,507

 

$

182,468

 

 

$

387,230

 

$

409,288

 

Denominator for basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

Basic weighted average common shares

 

127,129

 

 

127,658

 

 

 

127,206

 

 

127,675

 

Average diluted options and awards

 

520

 

 

686

 

 

 

593

 

 

717

 

Total shares for diluted earnings per share (1)

 

127,649

 

 

128,344

 

 

 

127,799

 

 

128,392

 

Earnings Per Share of Common Stock Attributable to

 

 

 

 

 

 

 

 

 

RPM International Inc. Stockholders:

 

 

 

 

 

 

 

 

 

Basic Earnings Per Share of Common Stock

$

1.26

 

$

1.43

 

 

$

3.04

 

$

3.21

 

Method used to calculate basic earnings per share

Two-class

 

Two-class

 

 

Two-class

 

Two-class

 

Diluted Earnings Per Share of Common Stock

$

1.26

 

$

1.42

 

 

$

3.03

 

$

3.19

 

Method used to calculate diluted earnings per share

Two-class

 

Two-class

 

 

Two-class

 

Two-class

 

(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.