Titan America SA (TTAM)

Titan America Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	177.22	185.44	166.07	155.24	62.72	59.22
Depreciation & Amortization	112	103.83	95.4	91.08	87.73	81.73
Other Amortization	4.89	4.89	4.54	-	-	-
Loss (Gain) From Sale of Investments	-39	-39	13.77	-7.68	-	-
Other Operating Activities	78.22	67.32	11.77	30.81	33.56	38.73
Change in Accounts Receivable	-5.69	-5.69	7.14	-0.6	-7.58	-13.88
Change in Inventory	-1.07	-1.07	-37.65	-9.19	-40.64	-17.85
Change in Accounts Payable	-15.87	-15.87	-16.08	-29.53	57.27	16.16
Change in Other Net Operating Assets	10.67	-4.42	3.08	-3.01	-14.69	-17.41
Operating Cash Flow	323.92	295.41	248.04	227.13	178.37	146.7
Operating Cash Flow Growth	33.43%	19.10%	9.21%	27.33%	21.59%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-165.76	-160.55	-135.42	-117.14	-125.37	-62.27
Sale of Property, Plant & Equipment	1.1	1.07	-	0.14	0.26	0.69
Sale (Purchase) of Intangibles	-3.54	-3.84	-1.59	-1.6	-2.9	-9.19
Investment in Securities	-29.27	5.37	-	-	0.27	-
Other Investing Activities	7.04	5.77	1.21	0.95	0.44	0.47
Investing Cash Flow	-466.41	-152.18	-135.8	-117.65	-127.3	-70.3

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	-	85.22	45.54	95.24	0.13
Long-Term Debt Issued	-	-	60	35	115	44.76
Total Debt Issued	123.79	-	145.22	80.54	210.24	44.89
Short-Term Debt Repaid	-	-21.08	-39.7	-37.84	-96.71	-92.02
Long-Term Debt Repaid	-	-35.07	-44.49	-117.15	-94.15	-21.51
Lease Payments	-10.48	-10.07	-9.49	-12.15	-11.39	-14.51
Total Debt Repaid	-16.56	-56.16	-84.19	-154.99	-190.86	-113.53
Net Debt Issued (Repaid)	107.24	-56.16	61.03	-74.45	19.38	-68.64
Issuance of Common Stock	-	144	0.2	-	-	-
Repurchase of Common Stock	-	-	-51.59	-	-	-82.37
Common Dividends Paid	-29.5	-29.5	-85.07	-33.79	-	-
Other Financing Activities	-41	-1.96	-47.9	-9.54	-41.04	-46.13
Financing Cash Flow	36.74	56.39	-123.33	-117.78	-21.66	-197.14

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-0.18	-	1.18	0.5	0.23	-0.53
Net Cash Flow	-105.94	199.63	-9.91	-7.81	29.64	-121.26

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	158.16	134.87	112.62	109.98	53	84.43
Free Cash Flow Growth	75.32%	19.76%	2.40%	107.51%	-37.23%	-
Free Cash Flow Margin	9.24%	8.10%	6.89%	6.91%	3.89%	7.33%
Free Cash Flow Per Share	0.86	0.73	0.64	0.63	0.30	0.48
Levered Free Cash Flow	106.92	88.11	58.31	57.23	-	-
Unlevered Free Cash Flow	106.92	81.21	82.57	65.49	-	-
Free Cash Flow After Leases	147.68	124.8	103.13	97.83	41.61	69.92

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	24.4	23.55	25.38	23.78	20.93	20.87
Cash Income Tax Paid	40.11	55.49	67.94	53.12	5.31	-2.01
Change in Working Capital	-11.97	-27.06	-43.52	-42.33	-5.64	-32.98

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 8, 2026

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