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Amrize Ltd (AMRZ)
NYSE:AMRZ
Earnings Data
Report Date
May 07, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.14Last Year’s EPS
-0.14Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive outlook: Amrize reported modest full-year revenue growth, strong adjusted EBITDA ($3.0B), robust cash generation (49% conversion), significant margin expansion in Building Materials, clear progress on the ASPIRE cost-savings program, meaningful capacity expansions and a strategic, accretive acquisition (PB Materials). Management also announced a sizeable shareholder return program and provided constructive 2026 guidance (4%–6% revenue, 8%–11% EBITDA). Offsetting these positives are notable near-term challenges in the Building Envelope/residential roofing business (Q4 revenues down 11.8%, $8M warranty charge), a slight company-level Q4 revenue decline (-0.4%), seasonal Q1 headwinds, and the impact of elevated growth CapEx on free cash flow. Overall, the favorable operating momentum, margin initiatives, balance-sheet strength and constructive guidance outweigh the segment-specific softness and near-term headwinds.Company Guidance
Full-Year Revenue and Profitability
2025 revenues increased 0.9% to $11.8 billion and adjusted EBITDA was $3.0 billion, reflecting stable full-year performance following the spin-off.
Strong Cash Generation and Conversion
Generated approximately $1.5 billion in cash flow in 2025 with a 49% cash conversion rate (near historical ~50%), supporting reinvestment and shareholder returns.
Healthy Balance Sheet and Liquidity
Net leverage ratio of 1.1x at year-end, net debt approximately $3.3 billion, nearly $6.0 billion of available liquidity and $5.3 billion in senior notes, providing financial flexibility.
Building Materials Segment Momentum
Q4 Building Materials revenues were ~$2.2 billion, up 3.9% year-over-year. Cement volumes +3.6% and aggregates volumes +3.0%. Building Materials adjusted EBITDA rose 4.9% to $705 million, and adjusted EBITDA margin expanded 60 basis points to 32.6%.
Aggregates Pricing Strength
Aggregates pricing on a freight-adjusted constant currency basis increased 3.8% in the quarter and 7.3% including freight, driven by local market fundamentals and infrastructure demand.
ASPIRE Synergy Program Progress
Onboarded over 450 logistics/service providers, launched 400+ projects, began realizing savings in Q4, and targeting 70 basis points of margin expansion in 2026 with $250 million of synergies by 2028.
Growth CapEx and Capacity Expansions
Increased investments to $788 million in 2025 (CapEx up ~23% year-over-year) and plan to raise 2026 investments to $900 million to expand production and debottleneck plants (e.g., Missouri flagship +660k tons to 5.5M tons).
Strategic M&A — PB Materials Acquisition
Agreement to acquire PB Materials (West Texas aggregates leader) adding ~$180 million in annual revenue, 26 operational sites, ~50 years of aggregates reserves; acquisition expected to close Q1 2026 and to be EPS- and cash-accretive in 2026.
Shareholder Return Program
Board approved a $1 billion share repurchase program and proposed a $0.44 per-share special one-time dividend plus an annual ordinary dividend of $0.44 per share (subject to shareholder approval), funded from legal capital reserves and not subject to Swiss withholding tax.
Positive 2026 Guidance
Management set 2026 guidance of 4%–6% revenue growth and 8%–11% adjusted EBITDA growth (guidance includes PB Materials), driven by accelerating commercial and infrastructure demand, pricing, ASPIRE savings and capacity additions.
AMRZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AMRZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 17, 2026 | $57.39 | $63.70 | +10.99% |
Oct 28, 2025 | $50.44 | $52.85 | +4.78% |
Aug 06, 2025 | $50.01 | $46.65 | -6.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Amrize Ltd (AMRZ) report earnings?
Amrize Ltd (AMRZ) is schdueled to report earning on May 07, 2026, After Close (Confirmed).
What is Amrize Ltd (AMRZ) earnings time?
Amrize Ltd (AMRZ) earnings time is at May 07, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMRZ EPS forecast?
AMRZ EPS forecast for the fiscal quarter 2026 (Q1) is -0.14.