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Titan America (TTAM) investor relations material
Titan America Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 6% revenue growth and 18% adjusted EBITDA growth in Q3 2025, with net income up 45% year-over-year, driven by strong infrastructure and private non-residential demand, especially in Florida and the Mid-Atlantic regions.
Free cash flow reached $68 million in Q3, reflecting strong execution and benefits from vertical integration.
Operational excellence and targeted CapEx investments contributed to margin expansion and future growth positioning.
Strategic entry into the precast lintel market, with certification for new designs and plans for a new manufacturing plant.
Mid-Atlantic region returned to growth, supported by backlog releases, improved pricing, and favorable weather.
Financial highlights
Q3 2025 revenue: $437 million, up 6% from $411 million in Q3 2024; YTD revenue reached $1,259 million, up from $1,245 million YTD 2024.
Adjusted EBITDA: $117 million, up 18% from $99 million; margin expanded to 26.7%, up 250 bps; YTD adjusted EBITDA was $296 million (vs $287 million YTD 2024).
Net income for Q3 2025 was $57 million (vs $40 million Q3 2024); YTD net income was $142 million (vs $130 million YTD 2024).
Free cash flow for Q3: $68 million (vs $34 million Q3 2024); YTD free cash flow: $94.4 million (vs $84 million YTD 2024); operating cash flow: $214.8 million.
ROACE (TTM) was 19.2% as of Sep 2025, down from 21.3% in Dec 2024.
Outlook and guidance
Updated 2025 full-year revenue growth guidance to 2%-3% year-over-year, with modest improvement in adjusted EBITDA margin expected.
Announced price increases effective January 1, 2026, across all product lines and regions.
Residential market recovery not expected before H2 2026; infrastructure and private non-residential remain strong.
- TimeTickerHeadlineOpen
- 6 FebJ
Strong growth, digital innovation, and margin expansion drive robust multi-year financial outlook. - 6 Feb004020
Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
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