Amrize Ltd AMRZ

Industrials SIC 3241 - Cement, Hydraulic NAICS Manufacturing › Nonmetallic Mineral Product Manufacturing › Cement and Concrete Product Manufacturing › Cement Manufacturing derived NYSE

Amrize Ltd (the "Company") is a building solutions company focused on the North American market, offering

customers a broad range of advanced building solutions from foundation to rooftop. The Company earns

revenue from the sale of cement, aggregates, ready-mix concrete, asphalt, roofing systems and other

building solutions.

Last close 39.44 2026-10-23
Market cap $21.57B 2026-06-30 share count
52-week range 35.78 - 65.94

Valuation FY2025 figures against the last close

P/S1.8x
P/E18.4x
P/FCF15.2x
EV/EBITDA8.1x
Dividend yield—
Diluted EPS2.14

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • U.S.
  • Canada
  • Other
Revenue by geography, 3 categories over 3 years. The same figures are in the table below. FY2025 U.S., FY2025: 9.1B (77.1%) 77% U.S. Canada, FY2025: 2.7B (22.6%) 23% Canada Other, FY2025: 29M (0.2%) FY2024 U.S., FY2024: 9B (77.1%) 77% Canada, FY2024: 2.7B (22.9%) 23% Other, FY2024: 0 (0.0%) FY2023 U.S., FY2023: 9B (77.0%) 77% Canada, FY2023: 2.7B (23.0%) 23% Other, FY2023: 0 (0.0%)
Region FY2025FY2024FY2023
U.S. $9.11B $9.03B $8.99B
Canada $2.67B $2.68B $2.69B
Other $29.0M $0 $0

As the company reported it, from the “Segment and geographic information - Revenue and Assets by Geographical Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022
Revenue $11.81B$11.70B$11.68B—
Cost of revenue $8.78B$8.63B$8.91B—
Gross profit $3.03B$3.07B$2.77B—
SG&A $1.13B$944.0M$898.0M—
Operating income $1.91B$2.19B$1.89B—
Interest expense $461.0M$547.0M$564.0M—
Pre-tax income $1.50B$1.63B$1.30B—
Income tax $326.0M$368.0M$361.0M—
Net income $1.19B$1.27B$956.0M—
EPS, basic 2.142.301.73—
EPS, diluted 2.142.301.73—
Shares, diluted (wtd. avg.) 553.6M553.1M553.1M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022
Cash and equivalents $1.92B$1.58B$1.11B$351.0M
Inventory $1.55B$1.45B——
Total current assets $4.68B$4.78B——
Goodwill $9.02B$8.92B$8.97B—
Other intangibles $1.73B$1.83B——
Total assets $24.25B$23.80B——
Total current liabilities $2.86B$2.55B——
Total liabilities $10.99B$13.89B——
Retained earnings $902.0M$0——
Total equity $13.26B$9.91B$9.20B$8.21B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022
Operating cash flow $2.21B$2.28B$2.04B—
Depreciation and amortisation $758.0M$736.0M$689.0M—
Stock-based compensation $14.0M$6.0M$5.0M—
Capital expenditure $788.0M$642.0M$630.0M—
Investing cash flow -$361.0M-$1.21B-$2.02B—
Financing cash flow -$1.55B-$537.0M$734.0M—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0002035989-26-000017.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 5B 10B 15B Revenue, FY2023: 11.7B Gross profit, FY2023: 2.8B Net income, FY2023: 956M Revenue, FY2024: 11.7B Gross profit, FY2024: 3.1B Net income, FY2024: 1.3B Revenue, FY2025: 11.8B Gross profit, FY2025: 3B Net income, FY2025: 1.2B FY2022 FY2023 FY2024 FY2025
Fiscal year FY2022FY2023FY2024FY2025
Revenue — $11.68B $11.70B $11.81B
Gross profit — $2.77B $3.07B $3.03B
Net income — $956.0M $1.27B $1.19B

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Officer or director change Item 5.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 3241

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CRH CRH PUBLIC LTD CO $56.48B 15.4x 5.3%
EXP EAGLE MATERIALS INC $5.36B 13.3x 2.1%
CX CEMEX SAB DE CV — — —
CPAC CEMENTOS PACASMAYO SAA — — —
LOMA Loma Negra Compania Industrial Argentina Sociedad Anonima — — —