Titan America SA (TTAM)
NYSE:TTAM
Earnings Data
Report Date
May 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.2Last Year’s EPS
0.19Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call portrayed a largely positive picture: Titan America delivered record full-year revenue, adjusted EBITDA, net income and operating cash flow, improved margins and materially reduced leverage while advancing strategic capacity investments, digital initiatives and a foundational acquisition agreement. These achievements offset notable headwinds including sustained residential weakness, Mid-Atlantic underperformance driven by tariffs, adverse weather and higher energy costs. Management provided conservative but constructive 2026 guidance (low single-digit revenue growth and modest margin expansion) and highlighted multiple self-help and growth levers.Company Guidance
Record Full-Year Financial Performance
Full-year 2025 revenue reached $1.66 billion, up 1.8% year-over-year; adjusted EBITDA was a record $390 million, up ~5% from $370 million; adjusted EBITDA margin expanded to 23.4%, a 75 basis point improvement versus 2024; net income was $185 million, up 12% year-over-year.
Strong Q4 Results and Margin Improvement
Fourth-quarter 2025 revenue was $406 million, up 4% year-over-year; Q4 adjusted EBITDA was $94 million, up ~12% year-over-year; Q4 net income was $44 million, up 19% year-over-year; Q4 adjusted EBITDA margin improved to 23.1% from 21.4% a year earlier.
Outstanding Cash Flow and Deleveraging
Operating cash flow for the full year was a record $295 million (Q4 operating cash flow $81 million vs $51 million prior year); full-year free cash flow was $132 million after $163 million net CapEx; net debt at year-end was $250.7 million, yielding a net leverage ratio of 0.64x (improved from 1.21x at end of 2024).
Florida Segment Delivered Record Results
Florida segment full-year revenue was $1.02 billion, up 2.7% year-over-year; full-year segment adjusted EBITDA was $279 million, up 11.6%; Q4 external revenue $247 million (+5.1% YoY) and Q4 segment adjusted EBITDA $65 million (+22.5% YoY); Q4 segment margin expanded to 26.1% from 22.4%.
Strong Volume Growth in Aggregates and Fly Ash
Full-year aggregates volumes increased 15.7% and fly ash volumes grew 20.9%; in Q4 aggregates volumes rose 10.3% and fly ash rose 23.2%, reflecting benefits from capacity investments and stronger utility generation.
Strategic Capacity Investments and Digital Initiatives
Net CapEx of $163 million focused on expanding cement and aggregates capacity, alternative fuels, Pennsuco grinding capacity and logistics/rail terminals; investments in digital transformation, predictive maintenance and logistics technology contributed to margin expansion and operational efficiency.
Signed Agreement to Acquire Keystone Cement Company
Agreement signed to acquire Keystone Cement (Bath, PA) — ~990,000 short tons clinker capacity; access to an addressable market >6 million short tons (PA, OH, MD, DE); mineral assets support >50 years of capacity; expected logistical synergies with existing hubs; transaction is pending regulatory approval.
Shareholder Returns and Public Listing Milestone
Titan America completed its first year as a public company on the NYSE and paid an issue premium distribution of $0.04 per share approved by the Board; management highlighted the company’s ability to deliver record results as a newly public company.
TTAM 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
TTAM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 17, 2026 | $15.99 | $14.97 | -6.38% |
Nov 05, 2025 | $14.86 | $15.27 | +2.76% |
Jul 29, 2025 | $13.59 | $14.05 | +3.38% |
May 05, 2025 | $12.76 | $13.69 | +7.29% |
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 Titan America SA (TTAM) report earnings?
Titan America SA (TTAM) is schdueled to report earning on May 11, 2026, Before Open (Confirmed).
What is Titan America SA (TTAM) earnings time?
Titan America SA (TTAM) earnings time is at May 11, 2026, Before Open (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 TTAM EPS forecast?
TTAM EPS forecast for the fiscal quarter 2026 (Q1) is 0.2.