Titan America S.A. (TTAM) — Financial statements
Income statement, balance sheet, and cash flow for Titan America S.A. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,664↑1.8% | 1,634↑2.7% | 1,592↑16.7% | 1,364↑18.4% | 1,152 | |
| Cost of Revenue | 1,229↑0.9% | 1,218↓0.8% | 1,228↑7.5% | 1,143↑19.5% | 956 | |
| Gross Profit | 435↑4.4% | 417↑14.6% | 363↑64.3% | 221↑12.8% | 196 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 139↑26.0% | 110↑10.9% | 99↑16.3% | 85 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 15↑22.0% | 12↑8.2% | 11↑33.8% | 8 | |
| SG&A Expenses | 163↑6.5% | 154↑25.6% | 122↑10.6% | 111↑17.8% | 94 | |
| Other Expenses | 0.00↓100.0% | 12↓25.1% | 16↑14.1% | 14↑67.7% | 8 | |
| Operating Expenses | 163↓1.1% | 165↑19.9% | 138↑11.0% | 124↑21.8% | 102 | |
| Total Costs & Expenses | 1,393↑0.7% | 1,383↑1.2% | 1,366↑7.8% | 1,267↑19.7% | 1,058 | |
| Operating Results | ||||||
| Operating Income | 271↑8.0% | 251↑11.4% | 226↑132.5% | 97↑3.0% | 94 | |
| Depreciation & Amortization | 109↑8.8% | 100↑9.7% | 91↑3.8% | 88↑7.3% | 82 | |
| EBITDA | 380↑9.0% | 349↑11.0% | 314↑66.4% | 189↑6.4% | 177 | |
| EBIT | 271↑9.1% | 249↑11.5% | 223↑120.8% | 101↑5.7% | 96 | |
| Interest & Other Income | ||||||
| Net Interest Income | -23↑4.7% | -24↓19.4% | -20↑5.4% | -21↓1.7% | -21 | |
| Interest Income | 0.00↓100.0% | 1↑54.5% | 0.95↑117.9% | 0.44↓7.4% | 0.47 | |
| Interest Expense | 23↓10.3% | 25↑21.0% | 21↓2.8% | 21↑1.5% | 21 | |
| Non-Operating Income | 0.00↓100.0% | 3↑5.8% | 2↑161.2% | -4↓175.8% | -1 | |
| Other Income / Expenses | -27↑4.0% | -28↓19.4% | -23↓34.1% | -17↑11.6% | -20 | |
| Income Before Tax | 245↑9.5% | 224↑10.5% | 202↑154.0% | 80↑6.9% | 75 | |
| Income Tax Expense | 59↑3.2% | 58↑22.1% | 47↑177.7% | 17↑10.7% | 15 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 185↑11.7% | 166↑7.0% | 155↑147.5% | 63↑5.9% | 59 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 185↑11.7% | 166↑7.0% | 155↑147.5% | 63↑5.9% | 59 | |
| Bottom-Line Net Income | 185↑11.7% | 166↑7.0% | 155↑147.5% | 63↑5.9% | 59 | |
| EPS (Basic) | 1.01↑12.2% | 0.90↑7.1% | 0.84↑147.1% | 0.34↑6.3% | 0.32 | |
| EPS (Diluted) | 1.01↑12.2% | 0.90↑7.1% | 0.84↑147.1% | 0.34↑6.3% | 0.32 | |
| Weighted Average Shares | 183↓0.5% | 184↓0.0% | 184↑0.0% | 184↑0.0% | 184 | |
| Weighted Average Diluted Shares | 183↓0.5% | 184↓0.0% | 184↑0.0% | 184↑0.0% | 184 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.