TTAM

MKT CAP:$3B

Titan America S.A.

Market Cap

$3B

Basic Materials·Construction Materials·🇧🇪 Belgium·NYSE

Materials·Construction·🇧🇪·NYSE

Stock Price

$16.73+$0.02 (+0.12%)

Apr 20, 2026

Company Details

Titan America SA manufactures building materials. The Company produces and sells cement, ready-mix concrete, aggregates, dry mortars, building blocks, and other concrete products. Titan America serves customers worldwide.

CEO

Vassilios S. Zarkalis

IPO Date

Feb 7, 2025

Website

www.titan-cement.com

Key Metrics TTM

Revenue

$406M

— YoY

Net Income

$44M

EPS (Diluted)

$0.24

Free Cash Flow

$34M

Revenue / Share

$2.20

Gross Margin

25.5%

Operating Margin

15.3%

Net Margin

10.7%

FCF Margin

8.4%

P/S

7.5x

P/E

70.1x

Earnings Reports

Q1 2026

May 4, 2026

PENDING

FY 2025

Mar 24, 2026

$1.7B+1.8%EPS $1.01

Q4 2025

Mar 24, 2026

$406MEPS $0.24

Q3 2025

Nov 5, 2025

$437MEPS $0.31

Q2 2025

Jul 29, 2025

$429MEPS $0.28

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 25	$429M	$113M	$70M
Q3 25	$437M	$128M	$87M
Q4 25	$406M	$103M	$62M

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 25	$71M	$19M
Q3 25	$107M	$68M
Q4 25	$75M	$34M

Capital Expenditures

Quarter	CapEx
Q2 25	$52M
Q3 25	$38M
Q4 25	$41M

CapEx

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 25	$0	0.0%
Q3 25	$586.0K	0.1%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q2 25	$33M	$9M	—
Q3 25	$32M	$9M	—
Q4 25	—	—	$41M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$22M	$0	$22M
Q1 24	$23M	$0	$23M
Q3 24	$12M	$0	$12M
Q4 24	$12M	$0	$12M
Q1 25	$143M	$0	$143M
Q2 25	$149M	$142.0K	$149M
Q3 25	$196M	$0	$196M
Q4 25	$212M	$0	$212M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 25	184M	—	—
Q3 25	184M	+0.0%	—
Q4 25	184M	+0.1%	—

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 25	$156.5K	3K
Q3 25	$159.3K	3K
Q4 25	$147.9K	3K

Revenue / Employee