Q2 2026 Earnings

Operating metrics disclosed this quarter

Read from the filing itself — XBRL does not carry these, so no standard financial dataset has them.

• Free Cash Flow

  $-986

  Free Cash Flow is monitored by management to assess liquidity. The table below reconciles our net cash used in operating activities, the most directly comparable financial measure calculated in accordance with U.S. GAAP, to Free Cash Flow. For the six months ended June 30, (In millions) 2026 2025 Net cash used in operating activities $ (475) $ (441) Capital expenditures, net: Purchases of property, plant and equipment (520) (448) Proceeds from disposals of long-lived assets 9 7 Proceeds from land expropriation — 20 Proceeds from property and casualty insurance — 2 Total capital expenditures, net (511) (419) Free cash flow $ (986) $ (860)

• Aggregates Tons Sold

  34.3

  Volumes For the three months ended June 30, For the six months ended June 30, in millions 2026 2025 % Change 2026 2025 % Change Cement - tons sold 1 6.3 6.0 5.0% 10.5 9.6 9.4% Aggregates - tons sold 34.3 32.2 6.5% 52.2 47.9 9.0% Average Selling Price - Year over Year For the three months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $171.43 $171.52 (0.1%) $171.19 (0.2%) Aggregates - price per ton 3 $14.67 $14.05 4.4% $14.61 4.0% Average Selling Price - Year over Year For the six months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $170.39 $171.56 (0.7%) $169.78 (1.0%) Aggregates - price per ton 3 $14.96 $14.41 3.8% $14.85 3.1% Average Selling Price - Sequential For the three months ended Constant Currency 2 $ per ton June 30, 2026 March 31, 2026 % Change June 30, 2026 March 31, 2026 % Change Cement - price per ton 1 $171.43 $168.83 1.5% $171.19 $167.67 2.1% Aggregates - price per ton 3 $14.67 $15.52 (5.5%) $14.61 $15.29 (4.4%) __________________ 1 Cement volume and pricing figures presented above exclude trading . 2 Constant Currency Price per Ton reflects price adjusted to prior period foreign exchange rates. Constant Currency Price per Ton represents a Non-GAAP measure, which is defined in Non-GAAP Financial Measures. 3 Aggregates pricing figures presented above are freight adjusted, excluding freight revenues.

• Cement Tons Sold

  6.3

  Volumes For the three months ended June 30, For the six months ended June 30, in millions 2026 2025 % Change 2026 2025 % Change Cement - tons sold 1 6.3 6.0 5.0% 10.5 9.6 9.4% Aggregates - tons sold 34.3 32.2 6.5% 52.2 47.9 9.0% Average Selling Price - Year over Year For the three months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $171.43 $171.52 (0.1%) $171.19 (0.2%) Aggregates - price per ton 3 $14.67 $14.05 4.4% $14.61 4.0% Average Selling Price - Year over Year For the six months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $170.39 $171.56 (0.7%) $169.78 (1.0%) Aggregates - price per ton 3 $14.96 $14.41 3.8% $14.85 3.1% Average Selling Price - Sequential For the three months ended Constant Currency 2 $ per ton June 30, 2026 March 31, 2026 % Change June 30, 2026 March 31, 2026 % Change Cement - price per ton 1 $171.43 $168.83 1.5% $171.19 $167.67 2.1% Aggregates - price per ton 3 $14.67 $15.52 (5.5%) $14.61 $15.29 (4.4%) __________________ 1 Cement volume and pricing figures presented above exclude trading . 2 Constant Currency Price per Ton reflects price adjusted to prior period foreign exchange rates. Constant Currency Price per Ton represents a Non-GAAP measure, which is defined in Non-GAAP Financial Measures. 3 Aggregates pricing figures presented above are freight adjusted, excluding freight revenues.

• Aggregates Average Selling Price per Ton

  $14.67

  Volumes For the three months ended June 30, For the six months ended June 30, in millions 2026 2025 % Change 2026 2025 % Change Cement - tons sold 1 6.3 6.0 5.0% 10.5 9.6 9.4% Aggregates - tons sold 34.3 32.2 6.5% 52.2 47.9 9.0% Average Selling Price - Year over Year For the three months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $171.43 $171.52 (0.1%) $171.19 (0.2%) Aggregates - price per ton 3 $14.67 $14.05 4.4% $14.61 4.0% Average Selling Price - Year over Year For the six months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $170.39 $171.56 (0.7%) $169.78 (1.0%) Aggregates - price per ton 3 $14.96 $14.41 3.8% $14.85 3.1% Average Selling Price - Sequential For the three months ended Constant Currency 2 $ per ton June 30, 2026 March 31, 2026 % Change June 30, 2026 March 31, 2026 % Change Cement - price per ton 1 $171.43 $168.83 1.5% $171.19 $167.67 2.1% Aggregates - price per ton 3 $14.67 $15.52 (5.5%) $14.61 $15.29 (4.4%) __________________ 1 Cement volume and pricing figures presented above exclude trading . 2 Constant Currency Price per Ton reflects price adjusted to prior period foreign exchange rates. Constant Currency Price per Ton represents a Non-GAAP measure, which is defined in Non-GAAP Financial Measures. 3 Aggregates pricing figures presented above are freight adjusted, excluding freight revenues.

• Aggregates Constant-Currency Price per Ton

  $14.61

  Volumes For the three months ended June 30, For the six months ended June 30, in millions 2026 2025 % Change 2026 2025 % Change Cement - tons sold 1 6.3 6.0 5.0% 10.5 9.6 9.4% Aggregates - tons sold 34.3 32.2 6.5% 52.2 47.9 9.0% Average Selling Price - Year over Year For the three months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $171.43 $171.52 (0.1%) $171.19 (0.2%) Aggregates - price per ton 3 $14.67 $14.05 4.4% $14.61 4.0% Average Selling Price - Year over Year For the six months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $170.39 $171.56 (0.7%) $169.78 (1.0%) Aggregates - price per ton 3 $14.96 $14.41 3.8% $14.85 3.1% Average Selling Price - Sequential For the three months ended Constant Currency 2 $ per ton June 30, 2026 March 31, 2026 % Change June 30, 2026 March 31, 2026 % Change Cement - price per ton 1 $171.43 $168.83 1.5% $171.19 $167.67 2.1% Aggregates - price per ton 3 $14.67 $15.52 (5.5%) $14.61 $15.29 (4.4%) __________________ 1 Cement volume and pricing figures presented above exclude trading . 2 Constant Currency Price per Ton reflects price adjusted to prior period foreign exchange rates. Constant Currency Price per Ton represents a Non-GAAP measure, which is defined in Non-GAAP Financial Measures. 3 Aggregates pricing figures presented above are freight adjusted, excluding freight revenues.

• Cement Average Selling Price per Ton

  $171.43

  Volumes For the three months ended June 30, For the six months ended June 30, in millions 2026 2025 % Change 2026 2025 % Change Cement - tons sold 1 6.3 6.0 5.0% 10.5 9.6 9.4% Aggregates - tons sold 34.3 32.2 6.5% 52.2 47.9 9.0% Average Selling Price - Year over Year For the three months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $171.43 $171.52 (0.1%) $171.19 (0.2%) Aggregates - price per ton 3 $14.67 $14.05 4.4% $14.61 4.0% Average Selling Price - Year over Year For the six months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $170.39 $171.56 (0.7%) $169.78 (1.0%) Aggregates - price per ton 3 $14.96 $14.41 3.8% $14.85 3.1% Average Selling Price - Sequential For the three months ended Constant Currency 2 $ per ton June 30, 2026 March 31, 2026 % Change June 30, 2026 March 31, 2026 % Change Cement - price per ton 1 $171.43 $168.83 1.5% $171.19 $167.67 2.1% Aggregates - price per ton 3 $14.67 $15.52 (5.5%) $14.61 $15.29 (4.4%) __________________ 1 Cement volume and pricing figures presented above exclude trading . 2 Constant Currency Price per Ton reflects price adjusted to prior period foreign exchange rates. Constant Currency Price per Ton represents a Non-GAAP measure, which is defined in Non-GAAP Financial Measures. 3 Aggregates pricing figures presented above are freight adjusted, excluding freight revenues.

• Cement Constant-Currency Price per Ton

  $171.19

  Volumes For the three months ended June 30, For the six months ended June 30, in millions 2026 2025 % Change 2026 2025 % Change Cement - tons sold 1 6.3 6.0 5.0% 10.5 9.6 9.4% Aggregates - tons sold 34.3 32.2 6.5% 52.2 47.9 9.0% Average Selling Price - Year over Year For the three months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $171.43 $171.52 (0.1%) $171.19 (0.2%) Aggregates - price per ton 3 $14.67 $14.05 4.4% $14.61 4.0% Average Selling Price - Year over Year For the six months ended June 30, $ per ton 2026 2025 % Change Constant Currency 2 % Change Constant Currency Cement - price per ton 1 $170.39 $171.56 (0.7%) $169.78 (1.0%) Aggregates - price per ton 3 $14.96 $14.41 3.8% $14.85 3.1% Average Selling Price - Sequential For the three months ended Constant Currency 2 $ per ton June 30, 2026 March 31, 2026 % Change June 30, 2026 March 31, 2026 % Change Cement - price per ton 1 $171.43 $168.83 1.5% $171.19 $167.67 2.1% Aggregates - price per ton 3 $14.67 $15.52 (5.5%) $14.61 $15.29 (4.4%) __________________ 1 Cement volume and pricing figures presented above exclude trading . 2 Constant Currency Price per Ton reflects price adjusted to prior period foreign exchange rates. Constant Currency Price per Ton represents a Non-GAAP measure, which is defined in Non-GAAP Financial Measures. 3 Aggregates pricing figures presented above are freight adjusted, excluding freight revenues.

• Adjusted EBITDA

  $986

  Adjusted EBITDA and Adjusted EBITDA Margin Adjusted EBITDA for the three months ended June 30, 2026 increased to $986 million from $932 million for the three months ended June 30, 2025 . The increase was driven by the benefit from higher sales volumes, aggregates price increases, lower corporate costs, ASPIRE savings, $8 million of contributions from acquisitions, and $4 million for the impact of foreign exchange. These drivers were partially offset by higher 52 Amrize Ltd operating costs, notably higher freight, diesel, and raw material costs within both segments . The prior period included a discrete adjustment for insurance proceeds. Adjusted EBITDA Margin was 28.2% for the three months ended June 30, 2026 , compared to 29.0% for the three months ended June 30, 2025 . Adjusted EBITDA for the six months ended June 30, 2026 increased to $1,178 million from $1,157 million for the six months ended June 30, 2025. Adjusted EBITDA was favorably impacted by the benefit from higher sales volumes, aggregates price increases, $11 million of contributions from acquisitions, and $6 million for the impact of foreign exchange. These items were mostly offset by higher operating costs and lower prices. Adjusted EBITDA Margin was 20.8% for the six months ended June 30, 2026 , compared to 21.8% for the six months ended June 30, 2025 .

• EBITDA

  $968

  The table below reconciles our net income and net income margin, the most directly comparable financial measures calculated in accordance with U.S. GAAP, to Total Segment Adjusted EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, EBITDA, and EBITDA Margin, respectively. For the three months For the six months ended June 30, ended June 30, (In millions, except for percentage data) 2026 2025 2026 2025 Net income $ 476 $ 416 $ 369 $ 322 Depreciation, depletion, accretion and amortization 257 226 494 444 Interest expense, net 89 121 167 239 Income tax expense 146 122 105 94 EBITDA 968 885 1,135 1,099 Acquisition and integration-related costs (1) 10 17 28 21 Litigation-related (settlements) costs (2) (5) 4 (3) 4 Loss on impairments (3) 2 2 2 2 Restructuring and other costs (4) 5 9 8 9 Spin-off and separation-related costs (5) 6 17 10 25 Other non-operating expense (income), net (6) 1 (1) (1) (2) Income from equity method investments (1) (1) (1) (1) Adjusted EBITDA 986 932 1,178 1,157 Unallocated corporate costs 44 72 100 102 Total Segment Adjusted EBITDA $ 1,030 $ 1,004 $ 1,278 $ 1,259 Building Materials $ 793 $ 754 $ 960 $ 886 Building Envelope $ 237 $ 250 $ 318 $ 373 Net income margin 13.6 % 12.9 % 6.5 % 6.1 % EBITDA Margin 27.7 % 27.5 % 20.0 % 20.7 % Adjusted EBITDA Margin 28.2 % 29.0 % 20.8 % 21.8 %

• Adjusted EBITDA Margin

  28.2%

  Adjusted EBITDA and Adjusted EBITDA Margin Adjusted EBITDA for the three months ended June 30, 2026 increased to $986 million from $932 million for the three months ended June 30, 2025 . The increase was driven by the benefit from higher sales volumes, aggregates price increases, lower corporate costs, ASPIRE savings, $8 million of contributions from acquisitions, and $4 million for the impact of foreign exchange. These drivers were partially offset by higher 52 Amrize Ltd operating costs, notably higher freight, diesel, and raw material costs within both segments . The prior period included a discrete adjustment for insurance proceeds. Adjusted EBITDA Margin was 28.2% for the three months ended June 30, 2026 , compared to 29.0% for the three months ended June 30, 2025 . Adjusted EBITDA for the six months ended June 30, 2026 increased to $1,178 million from $1,157 million for the six months ended June 30, 2025. Adjusted EBITDA was favorably impacted by the benefit from higher sales volumes, aggregates price increases, $11 million of contributions from acquisitions, and $6 million for the impact of foreign exchange. These items were mostly offset by higher operating costs and lower prices. Adjusted EBITDA Margin was 20.8% for the six months ended June 30, 2026 , compared to 21.8% for the six months ended June 30, 2025 .

• EBITDA Margin

  27.7%

  The table below reconciles our net income and net income margin, the most directly comparable financial measures calculated in accordance with U.S. GAAP, to Total Segment Adjusted EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, EBITDA, and EBITDA Margin, respectively. For the three months For the six months ended June 30, ended June 30, (In millions, except for percentage data) 2026 2025 2026 2025 Net income $ 476 $ 416 $ 369 $ 322 Depreciation, depletion, accretion and amortization 257 226 494 444 Interest expense, net 89 121 167 239 Income tax expense 146 122 105 94 EBITDA 968 885 1,135 1,099 Acquisition and integration-related costs (1) 10 17 28 21 Litigation-related (settlements) costs (2) (5) 4 (3) 4 Loss on impairments (3) 2 2 2 2 Restructuring and other costs (4) 5 9 8 9 Spin-off and separation-related costs (5) 6 17 10 25 Other non-operating expense (income), net (6) 1 (1) (1) (2) Income from equity method investments (1) (1) (1) (1) Adjusted EBITDA 986 932 1,178 1,157 Unallocated corporate costs 44 72 100 102 Total Segment Adjusted EBITDA $ 1,030 $ 1,004 $ 1,278 $ 1,259 Building Materials $ 793 $ 754 $ 960 $ 886 Building Envelope $ 237 $ 250 $ 318 $ 373 Net income margin 13.6 % 12.9 % 6.5 % 6.1 % EBITDA Margin 27.7 % 27.5 % 20.0 % 20.7 % Adjusted EBITDA Margin 28.2 % 29.0 % 20.8 % 21.8 %

• Net Income Margin

  13.6%

  Net Income and Net Income Margin Net income for the three months ended June 30, 2026 increased to $476 million from $416 million for the three months ended June 30, 2025 . The increase was driven by the benefit from higher volumes, aggregates price increases, lower interest expense, lower corporate costs, and the contribution from acquisitions. These drivers were partially offset by higher operating costs, notably higher freight, diesel, and raw material costs within both segments, as well as higher depreciation, depletion, accretion and amortization expense. Net income margin was 13.6% for the three months ended June 30, 2026 , compared to 12.9% for the three months ended June 30, 2025 . Net income for the six months ended June 30, 2026 increased to $369 million from $322 million for the six months ended June 30, 2025 . Net income was favorably impacted by the benefit from higher volumes, aggregates price increases, lower interest expense, and the contribution from acquisitions. These items were offset by higher operating costs, higher depreciation, depletion, accretion and amortization expense, and lower prices. Net income margin was 6.5% for the six months ended June 30, 2026 , compared to 6.1% for the six months ended June 30, 2025 .

• Building Envelope Segment Adjusted EBITDA

  $237

  The table below reconciles our net income and net income margin, the most directly comparable financial measures calculated in accordance with U.S. GAAP, to Total Segment Adjusted EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, EBITDA, and EBITDA Margin, respectively. For the three months For the six months ended June 30, ended June 30, (In millions, except for percentage data) 2026 2025 2026 2025 Net income $ 476 $ 416 $ 369 $ 322 Depreciation, depletion, accretion and amortization 257 226 494 444 Interest expense, net 89 121 167 239 Income tax expense 146 122 105 94 EBITDA 968 885 1,135 1,099 Acquisition and integration-related costs (1) 10 17 28 21 Litigation-related (settlements) costs (2) (5) 4 (3) 4 Loss on impairments (3) 2 2 2 2 Restructuring and other costs (4) 5 9 8 9 Spin-off and separation-related costs (5) 6 17 10 25 Other non-operating expense (income), net (6) 1 (1) (1) (2) Income from equity method investments (1) (1) (1) (1) Adjusted EBITDA 986 932 1,178 1,157 Unallocated corporate costs 44 72 100 102 Total Segment Adjusted EBITDA $ 1,030 $ 1,004 $ 1,278 $ 1,259 Building Materials $ 793 $ 754 $ 960 $ 886 Building Envelope $ 237 $ 250 $ 318 $ 373 Net income margin 13.6 % 12.9 % 6.5 % 6.1 % EBITDA Margin 27.7 % 27.5 % 20.0 % 20.7 % Adjusted EBITDA Margin 28.2 % 29.0 % 20.8 % 21.8 %

• Building Materials Segment Adjusted EBITDA

  $793

  The table below reconciles our net income and net income margin, the most directly comparable financial measures calculated in accordance with U.S. GAAP, to Total Segment Adjusted EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, EBITDA, and EBITDA Margin, respectively. For the three months For the six months ended June 30, ended June 30, (In millions, except for percentage data) 2026 2025 2026 2025 Net income $ 476 $ 416 $ 369 $ 322 Depreciation, depletion, accretion and amortization 257 226 494 444 Interest expense, net 89 121 167 239 Income tax expense 146 122 105 94 EBITDA 968 885 1,135 1,099 Acquisition and integration-related costs (1) 10 17 28 21 Litigation-related (settlements) costs (2) (5) 4 (3) 4 Loss on impairments (3) 2 2 2 2 Restructuring and other costs (4) 5 9 8 9 Spin-off and separation-related costs (5) 6 17 10 25 Other non-operating expense (income), net (6) 1 (1) (1) (2) Income from equity method investments (1) (1) (1) (1) Adjusted EBITDA 986 932 1,178 1,157 Unallocated corporate costs 44 72 100 102 Total Segment Adjusted EBITDA $ 1,030 $ 1,004 $ 1,278 $ 1,259 Building Materials $ 793 $ 754 $ 960 $ 886 Building Envelope $ 237 $ 250 $ 318 $ 373 Net income margin 13.6 % 12.9 % 6.5 % 6.1 % EBITDA Margin 27.7 % 27.5 % 20.0 % 20.7 % Adjusted EBITDA Margin 28.2 % 29.0 % 20.8 % 21.8 %

• Total Segment Adjusted EBITDA

  $1,030

  The table below reconciles our net income and net income margin, the most directly comparable financial measures calculated in accordance with U.S. GAAP, to Total Segment Adjusted EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, EBITDA, and EBITDA Margin, respectively. For the three months For the six months ended June 30, ended June 30, (In millions, except for percentage data) 2026 2025 2026 2025 Net income $ 476 $ 416 $ 369 $ 322 Depreciation, depletion, accretion and amortization 257 226 494 444 Interest expense, net 89 121 167 239 Income tax expense 146 122 105 94 EBITDA 968 885 1,135 1,099 Acquisition and integration-related costs (1) 10 17 28 21 Litigation-related (settlements) costs (2) (5) 4 (3) 4 Loss on impairments (3) 2 2 2 2 Restructuring and other costs (4) 5 9 8 9 Spin-off and separation-related costs (5) 6 17 10 25 Other non-operating expense (income), net (6) 1 (1) (1) (2) Income from equity method investments (1) (1) (1) (1) Adjusted EBITDA 986 932 1,178 1,157 Unallocated corporate costs 44 72 100 102 Total Segment Adjusted EBITDA $ 1,030 $ 1,004 $ 1,278 $ 1,259 Building Materials $ 793 $ 754 $ 960 $ 886 Building Envelope $ 237 $ 250 $ 318 $ 373 Net income margin 13.6 % 12.9 % 6.5 % 6.1 % EBITDA Margin 27.7 % 27.5 % 20.0 % 20.7 % Adjusted EBITDA Margin 28.2 % 29.0 % 20.8 % 21.8 %