Earnings ·
Titan America reports Q3 net income of $39.8M on $461.6M revenue
TTAMTitan America SA
Titan America SA reported third-quarter 2026 net income of $39.8 million, or $0.22 per share, down from $57.4 million in the prior-year period. Revenue increased 5.7% to $461.6 million, driven by approximately $30 million from the acquired Keystone Cement operations, though like-for-like revenue declined slightly due to lower volumes and soft residential demand. Adjusted EBITDA fell 18.6% to $95.0 million as higher energy costs, unfavorable weather in Florida, and an unplanned maintenance outage at the Roanoke Cement plant pressured margins. The company updated its full-year outlook, expecting mid-single-digit revenue growth and a decline in Adjusted EBITDA margin of 250 to 300 basis points year over year. Titan America is a leading vertically integrated producer and supplier of building materials operating along the U.S. East Coast.