Titan America Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw revenue and adjusted EBITDA growth despite residential softness and inflationary pressures. The Keystone Cement acquisition expands reach and integration, while guidance for 2026 is reaffirmed with expectations of modest growth and margin expansion.
Fiscal Year 2025
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Record 2025 results with all-time high revenue, EBITDA, and net income, driven by strong infrastructure and non-residential demand. 2026 guidance anticipates modest growth amid continued residential softness, with strategic expansion via the Keystone Cement acquisition.
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Q3 2025 saw 6% revenue growth, 18% higher adjusted EBITDA, and 45% net income growth year-over-year, with strong performance in both Florida and Mid-Atlantic segments. Updated 2025 guidance calls for 2%-3% revenue growth and modest margin improvement, while strategic investments and price increases are set to support future growth.
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Q2 2025 saw resilient results despite weather and residential softness, with strong aggregates and fly ash growth offsetting declines in other product lines. Guidance for mid-single-digit revenue growth and margin improvement is reaffirmed, supported by a robust order book and strong infrastructure demand.
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Q1 2025 saw resilient profitability and margin expansion despite weather and macro headwinds, driven by strong aggregate volumes and pricing. Full-year guidance is reaffirmed, with tariff costs included and pent-up demand expected to boost H2 results.
Fiscal Year 2024
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Record 2024 results with revenue up 2.7% and adjusted EBITDA up 12.8%, driven by pricing and operational efficiency. 2025 guidance calls for mid-single-digit revenue growth, with results weighted to the second half due to weather impacts.