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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.
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- BLACKBUCK
Q3 FY26 delivered 53% YoY revenue growth and a return to profit, led by core and new segments. - KKR
Record earnings, AUM growth, and new sports investing platform drive strong 2025 results. - RENUKA
Losses persist and net worth remains negative, but holding company support sustains operations. - GFF
Revenue up 3% year-over-year; strategic JV and 2026 guidance reaffirmed. - POWERINDIA
Q3 FY26 delivered 29.6% revenue growth, 90.3% PAT jump, and a record order backlog. - IMKTA
Strong sales and profit growth, improved margins, and lower debt highlight the quarter. - AGCO
2025 sales fell 13.5%, but margins and cash flow hit records; 2026 outlook is stable. - LHB
Net profit reached SEK 502m, with strong lending growth and robust capital ratios. - ASTRAL
Q3 FY26 delivered 17% volume growth, 18.2% EBITDA margin, and strong multi-segment expansion. - 531768
Q3 FY26 revenue and profit rose strongly YoY, supported by global expansion and steady margins.
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