Earnings Releases·Oct 28, 2026, 4:16 PM ET

Amrize — Third Quarter 2026 Earnings Summary

Q3 2026 revenue rose 2.2% YoY to $3,771 million and net income grew 3.3% to $558 million, though adjusted EBITDA margin contracted 60 bps to 28.5% and free cash flow for the nine months widened to a $551 million use.
Full-year 2026 guidance was raised to $12.2–$12.4 billion in revenue and $2.95–$3.05 billion in adjusted EBITDA, with Building Envelope price-cost positivity now expected in 2027 due to inflationary pressures.
The company completed the acquisition of Rapid Redi-Mix and repurchased $750 million of shares in the first three quarters, completing its $1 billion buyback program on October 28, 2026.
Net debt stood at $5,549 million with a leverage ratio of 1.8x as of September 30, 2026, while the ASPIRE program delivered $73 million in year-to-date savings toward a $80 million annual target.