Titan America (TTAM)
Vertically integrated East Coast producer of cement, aggregates, concrete, and processed fly ash.
$13.96
vs last close+0.14 (+1.05%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 399 | 400 | 433 | 411 | 390 | 392 | 429 | 437 | 406 | 398 | 471 |
| Cost of revenue | 307 | 319 | 305 | 299 | 294 | 301 | 317 | 309 | 302 | 307 | 357 |
| Gross profit | 92 | 81 | 128 | 112 | 96 | 91 | 113 | 128 | 103 | 92 | 113 |
| 36 | 35 | 40 | 45 | 46 | 40 | 43 | 41 | 41 | 42 | 49 | |
| 26 | 33 | 39 | 45 | 37 | 39 | 42 | 40 | 41 | 42 | 49 | |
| Selling & marketing | −9 | 8 | 8 | 9 | −10 | 8 | 9 | 9 | 0 | 0 | 10 |
| General & administrative | 36 | 26 | 31 | 36 | 47 | 31 | 33 | 32 | 0 | 0 | 39 |
| Other expenses | 10 | 1 | 2 | 0 | 9 | 1 | 1 | 1 | 0 | 0 | 0 |
| Operating income | 56 | 46 | 87 | 68 | 50 | 52 | 70 | 87 | 62 | 50 | 64 |
| −2 | −7 | −7 | −13 | 0 | −7 | −2 | −8 | −8 | −5 | −2 | |
| Interest expense | 3 | 5 | 6 | 7 | 6 | 7 | 6 | 5 | 5 | 5 | 3 |
| Other non-operating income | 0 | 2 | 1 | 6 | −6 | 0 | −3 | 3 | 3 | 1 | −2 |
| Income before tax | 54 | 39 | 80 | 54 | 50 | 45 | 67 | 78 | 54 | 44 | 62 |
| Income tax expense | 9 | 10 | 20 | 15 | 14 | 11 | 16 | 21 | 11 | 11 | 19 |
| Net income from continuing operations | 45 | 30 | 60 | 40 | 37 | 33 | 51 | 57 | 44 | 33 | 43 |
| Net income | 45 | 30 | 60 | 40 | 37 | 33 | 51 | 57 | 44 | 33 | 43 |
| EPS, basic | $0.25 | $0.16 | $0.33 | $0.22 | $0.21 | $0.19 | $0.28 | $0.31 | $0.24 | $0.18 | $0.23 |
| EPS, diluted | $0.25 | $0.16 | $0.33 | $0.22 | $0.21 | $0.19 | $0.28 | $0.31 | $0.24 | $0.18 | $0.23 |
| Weighted average shares, basic | 184 | 184 | 184 | 184 | 175 | 180 | 184 | 184 | 184 | 184 | 184 |
| Weighted average shares, diluted | 184 | 184 | 184 | 184 | 175 | 180 | 184 | 184 | 184 | 185 | 185 |
| EBITDA | 83 | 67 | 110 | 85 | 87 | 76 | 100 | 112 | 88 | 78 | 97 |
| Depreciation & amortization | 27 | 22 | 24 | 23 | 31 | 24 | 27 | 28 | 29 | 29 | 31 |
| EBIT | 56 | 45 | 86 | 62 | 56 | 51 | 73 | 84 | 59 | 49 | 66 |