TTAM revenueFY2025$1.66B
- FY YoY
- +1.8%
TTAM revenue was $1.66B for fiscal 2025 (ended Dec 31, 2025), up 1.8% from fiscal 2024. It rose in each of the last 3 fiscal years.
Titan America SA (TTAM) financials
For fiscal 2025 (ended Dec 31, 2025), Titan America SA reported $1.66B of revenue and $185.44M of net income.
- Revenue, FY2025
- $1.66B
- Revenue growth, YoY
- +1.8%
- Net income, FY2025
- $185.44M
- Net income growth, YoY
- +11.7%
- Net margin
- 11.1%
- Free cash flow, FY2025
- $134.87M
- EPS, diluted, FY2025
- $1.01
- EPS growth, YoY
- +6.3%
- Cash
- $211.75M
- Total debt
- $390.44M
- P/E
- 11.19
- P/S
- 1.25
- Market cap
- $2.08B
FY2022FY2025
FY2022FY2025
FY2022FY2025
TTAM revenue and earnings growth
TTAM net incomeFY2025$185.44M
- FY YoY
- +11.7%
TTAM net income was $185.44M for fiscal 2025 (ended Dec 31, 2025), up 11.7% from fiscal 2024. It rose in each of the last 3 fiscal years.
TTAM EPSFY2025$1.01
- FY YoY
- +6.3%
TTAM diluted EPS was $1.01 for fiscal 2025 (ended Dec 31, 2025), up 6.3% from fiscal 2024.
TTAM free cash flowFY2025$134.87M
- FY YoY
- +19.8%
TTAM free cash flow was $134.87M for fiscal 2025 (ended Dec 31, 2025), up 19.8% from fiscal 2024. It rose in each of the last 3 fiscal years.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | $1.66B | $1.63B | $1.59B | $1.36B |
| Cost of revenue | $1.23B | $1.22B | $1.23B | $1.14B |
| Gross profit | $434.99M | $416.65M | $363.49M | $221.27M |
| Selling, general and admin | $130.09M | $128.93M | $99.91M | $87.51M |
| Operating income | $268.11M | $251.39M | $225.64M | $97.04M |
| Interest expense | $22.56M | $26.18M | $22.24M | $19.08M |
| Pre-tax income | $244.84M | $223.62M | $202.38M | $79.69M |
| Income tax | $59.40M | $57.54M | $47.13M | $16.97M |
| Net income | $185.44M | $166.07M | $155.24M | $62.72M |
| EPS, basic | $1.01 | $0.95 | $0.89 | $0.36 |
| EPS, diluted | $1.01 | $0.95 | $0.89 | $0.36 |
| Diluted shares | 183.5M | 175.4M | 175.4M | 175.4M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Cash and equivalents | $211.75M | $12.12M | $22.04M | $29.84M |
| Inventory | $226.41M | $227.64M | $189.99M | - |
| Current assets | $609.96M | $384.26M | $372.90M | - |
| Goodwill | $221.56M | $221.56M | $221.56M | - |
| Total assets | $1.89B | $1.57B | $1.50B | - |
| Current liabilities | $201.22M | $239.05M | $491.97M | - |
| Long-term debt | $390.44M | $358.22M | $76.26M | - |
| Total debt | $390.44M | $358.22M | $76.26M | - |
| Total liabilities | $859.81M | $816.24M | $779.03M | - |
| Shareholders' equity | $1.03B | $750.01M | $719.77M | $592.73M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | $295.41M | $248.04M | $227.13M | $178.37M |
| Capital expenditures | $160.54M | $135.42M | $117.14M | $125.37M |
| Free cash flow | $134.87M | $112.62M | $109.98M | $53.00M |
| Investing cash flow | -$152.18M | -$135.80M | -$117.65M | -$127.30M |
| Financing cash flow | $56.39M | -$123.33M | -$117.78M | -$21.66M |
| Dividends paid | $0 | $85.07M | $33.79M | $0 |
| Share repurchases | $0 | $51.59M | $0 | $0 |
| Depreciation and amortization | $108.72M | $99.94M | $91.08M | $87.73M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue growth, YoY | 1.8% | 2.7% | 16.7% | - |
| Net income growth, YoY | 11.7% | 7.0% | 147.5% | - |
| EPS growth, YoY | 6.3% | 6.7% | 147.2% | - |
| Gross margin | 26.1% | 25.5% | 22.8% | 16.2% |
| Operating margin | 16.1% | 15.4% | 14.2% | 7.1% |
| Net margin | 11.1% | 10.2% | 9.8% | 4.6% |
| Free cash flow margin | 8.1% | 6.9% | 6.9% | 3.9% |
| Return on equity | 17.9% | 22.1% | 21.6% | 10.6% |
| Return on assets | 9.8% | 10.6% | 10.4% | - |
| Current ratio | 3.03 | 1.61 | 0.76 | - |
| Debt to equity | 0.38 | 0.48 | 0.11 | - |
Source: XBRL data Titan America SA files with the SEC, latest filing dated Mar 24, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
TTAM peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| TTAM | $1.66B | +1.8% | $185.44M | 11.1% | $2.08B |
| MLM | $7.21B | +19.6% | $2.30B | 31.9% | $36.85B |
| VMC | $8.01B | +1.6% | $1.10B | 13.8% | $36.29B |
| TECK | C$10.76B | +18.7% | C$1.40B | 13.0% | $29.69B |
| SQM | $4.58B | +1.0% | $588.14M | 12.9% | $16.43B |
| HL | $1.82B | +84.1% | $382.86M | 21.0% | $9.90B |
| MDU | $1.83B | -1.4% | $196.71M | 10.7% | $3.92B |
| USLM | $381.09M | +4.5% | $133.68M | 35.1% | $3.39B |
| KNF | $3.38B | +10.9% | $134.62M | 4.0% | $3.20B |
TTAM FAQ
9 questionsWhat is TTAM revenue?
Titan America SA (TTAM) reported $1.66B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 1.8% from the year before.Is TTAM profitable?
Yes. Titan America SA earned $185.44M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 11.1%.How much cash and debt does TTAM have?
Titan America SA reported $211.75M in cash and cash equivalents and $390.44M of debt on its most recent balance sheet in SEC filings.How fast is TTAM revenue growing?
Titan America SA's revenue changed +1.8% in fiscal 2025, to $1.66B.What is TTAM gross margin?
Titan America SA's gross profit was $434.99M on $1.66B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 26.1%.What is TTAM free cash flow?
Titan America SA generated $134.87M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $295.41M less capital expenditures.What is TTAM earnings per share?
Diluted earnings per share were $1.01 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did TTAM last report financial results?
The latest statements here come from Titan America SA's 20-F filed on Mar 24, 2026, covering the period ended Dec 31, 2025.Where does this TTAM financial data come from?
Quantisnow builds these statements from the structured XBRL data Titan America SA files with the SEC. It is provided for information only and is not investment advice.