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Amrize Reports Second Quarter 2026 Results

AMRZ
  • Amrize reported Q2 2026 revenues of $3.494 billion, an 8.6% increase with 6.7% organic growth driven by strong demand from data centers, energy, manufacturing, & infrastructure.
  • Net income rose 14.4% to $476 million, while Adjusted EBITDA grew 5.8% to $986 million.
  • Diluted EPS increased 14.7% to $0.86, with Adjusted Diluted EPS up 8.6% to $0.88.
  • The company returned $502 million to shareholders via $197 million in share repurchases & $305 million in dividends.
  • FY 2026 revenue guidance was raised to $12.5–$12.7 billion due to increased demand.
  • FY 2026 Adjusted EBITDA guidance was revised to $3.1–$3.2 billion to account for oil price-driven cost inflation.
  • The Building Materials segment saw revenues grow 8.2% to $2.445 billion, supported by volume increases & aggregates pricing gains.
  • The Building Envelope segment revenues grew 9.4% to $1.049 billion, driven by commercial roofing & residential roofing volume growth.
  • Amrize invested $241 million in capital expenditures in Q2, with full-year Capex expected at ~$900 million.
  • Acquisitions included PB Materials aggregates in West Texas & Rapid Redi-Mix in July to enhance Texas network synergies.
  • Oil price-driven cost inflation impacted freight, diesel, & raw material costs, partially offset by pricing actions & ASPIRE savings.
  • Net debt stood at $5.275 billion as of June 30, 2026, resulting in a Net Leverage Ratio of 1.7x.
  • The Board declared a Q2 2026 dividend of $0.11 per share, payable on August 26, 2026.
  • Prior period financial statements were revised to correct an understatement of deferred revenue related to extended warranties from prior acquisitions.