RPM International makes and sells specialty coatings, sealants, adhesives, and construction products. RPM operates through three core segments. The Construction Products Group (~38% of sales) sells roofing systems, sealants, waterproofing, concrete repair products, and wall systems for commercial and industrial buildings. A key feature of this segment is the "supply and apply" model, where RPM both manufactures materials and provides contracting labor through its WTI subsidiary, offering customers a turnkey solution. The Performance Coatings Group (~20% of sales) sells high-performance polymer flooring, corrosion control coatings, fireproofing, and fiberglass reinforced plastic structures for harsh industrial environments, data centers, and pharmaceutical facilities — also employing a supply-and-apply model through its Stonhard subsidiary. The Consumer Group (~33% of sales) sells DIY and professional products through major retailers like Home Depot, Lowe's, and Walmart, with key brands including Rust-Oleum, DAP, Zinsser, and The Pink Stuff. RPM operates in roughly 163 countries, with ~70% of sales in North America. Raw materials — primarily petroleum-based chemicals, resins, and pigments — are the largest cost component, and margins are sensitive to raw material cycles. Since FY2018, RPM has run structured operating improvement programs that have delivered ~$500M in cumulative annualized savings through plant consolidations, lean manufacturing, and procurement centralization. RPM's growth strategy centers on systems-based selling, expanding into data centers and high-spec construction, and bolt-on M&A.