Earnings ·
Titan America SA reported second quarter 2026 revenue of $470.6 million, a 9.6% increase year-over-year, driven by the…
TTAMTitan America SA
Titan America SA reported second quarter 2026 revenue of $470.6 million, a 9.6% increase year-over-year, driven by the acquisition of Keystone Cement and strong performance in the Mid-Atlantic segment. Net income decreased 15.4% to $43.3 million, while adjusted EBITDA rose 1.3% to $100.7 million. The company updated its full-year 2026 outlook to expect high single-digit revenue growth and a modest decline in adjusted EBITDA margin. Integration of the Keystone acquisition is on schedule, with targeted annual run-rate synergies of at least $30 million by 2029. As of June 30, 2026, the company held $36.4 million in cash and $574.1 million in total debt, resulting in a net debt to adjusted EBITDA ratio of 1.37x. Titan America SA is a vertically integrated producer and supplier of building materials, services, and solutions in the construction industry operating along the U.S. East Coast.