Skip to content

RPM International RPM Performance Coatings Group — Inventory Write Down

Discontinued — last reported Q4 '20

Similar metrics at other companies

Constellation Brands logo
STZMaterial Reconciling Items — Inventory Write Down
$1.5M
Flowserve logo
FLSFPD — Inventory Write-down
$7.7M
Sunoco logo
SUNOperating Segments — Inventory Write Down
-$55M-2,850%
Zoetis logo
ZTSMaterial Reconciling Items — Inventory Write Down
$1M
Flowserve logo
FLSIndustrial Product Division — Inventory Write Down
$7.7M-54.4%
International Paper logo
IPPackaging Solutions North America — Inventory write-down
$3M

Other financials

Income statement

See full
Revenue$1.6B+8.9%
Gross profit$634.8M+11.9%
Net income$51.4M-1.3%
EPS (diluted)$0.400.0%

Balance sheet

See full
Cash & equivalents$294.2M+21.6%
Total debt$2.9B+21.1%
Total equity$3.1B+17.7%
Total assets$7.9B+19.1%

Cash flow

See full
Operating cash flow$73.5M-19.7%
CapEx$47.8M-17.8%
Free cash flow$25.6M-23.1%

Valuation

See full
Market cap$13.78B-8.2%
Enterprise value$16.39B-4.8%
P/E20.7×-2.6×
P/S1.8×-0.3×

Profitability

See full
Gross margin41.4%+0.3pp
Net margin8.6%-0.2pp
FCF margin7.5%-0.3pp

Returns & leverage

See full
Return on equity22.9%-2.8pp
Debt / equity0.9×0.0×
Current ratio2.3×+0.1×

Where this comes from

Reported directly by RPM International in its filing.

Tagged under the XBRL concept us-gaap:InventoryWriteDown.

The official record: RPM International’s 10-K, filed July 25, 2022, on SEC EDGAR. View the filing →

Questions, answered.

What does performance coatings group — inventory write down mean?
The loss recognized when the value of inventory is reduced because it is worth less than what it cost to produce.
How do you interpret performance coatings group — inventory write down?
An increase signals potential overstocking, product obsolescence, or declining market demand.
How does performance coatings group — inventory write down compare across companies?
Commonly reported as inventory valuation adjustments or write-downs in manufacturing and retail sectors.