Cement, aggregates and ready-mix producer in the eastern US and Caribbean, the US arm of Greece's Titan Cement Group.
Cement, aggregates and ready-mix producer in the eastern US and Caribbean, the US arm of Greece's Titan Cement Group.
Part of its cement goes into its own ready-mix, with the rest sold to outside concrete makers and contractors, and aggregates are sold alongside, so the three lines serve the same construction customers. It listed on the NYSE in 2025, with Titan Cement International, its Greek-Belgian parent, keeping control.
Moat: narrow (scale, distribution). Coastal cement plants and a terminal network give an import/logistics cost edge in the US Southeast.
Headquarters: Norfolk, Virginia, US · Employees: 2,554
Size Titan America (TTAM) is a United States Materials company (Construction Materials) with a market value of $2.08B, the 1767th largest of 3,117 United States companies the cockpit tracks. Shares closed at $11.26 on 6 Nov 2026.
Performance Over six months the shares fell 31.8%, against -19.7% for the median peer and -1.1% for the United States market (cap-weighted) — 5th lowest of 20 in its peer set.
Growth Revenue grew 5.5% over the last twelve months (peer median -0.9%); the operating margin is 15.3% (peer median 8.6%).
Valuation It trades at 10.5× forward earnings against a peer median of 13.6× (5th cheapest of 18).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -6 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.9 points above its cost of capital (9.1% WACC).
Short interest Short interest is 1.7% of the free float (15 Oct 2026).
Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.71B | $1.66B | $1.63B | $1.59B | $1.36B |
| Revenue growth | — | +2% | +3% | +17% | — |
| Gross profit | $436M | $427M | $408M | $355M | $215M |
| EBITDA | $378M | $380M | $350M | $318M | $189M |
| Net income | $177M | $185M | $166M | $155M | $62.7M |
| Free cash flow | $144M | $117M | $88.4M | $87.1M | $32.5M |
| Capital expenditure | $171M | $164M | $137M | $119M | $128M |
| Total debt | $574M | $462M | $460M | $409M | $462M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Titan America TTAM | $2.08B | -32% | +5% | 15% | 10.5× | 1.0% |
| Cemex SAB de CV Sponsored ADR CX | $16.6B | -18% | +10% | 13% | 11.2× | 4.4% |
| Vulcan Materials VMC | $36.3B | 0% | +2% | 21% | 29.5× | 18.7% |
| Martin Marietta Materials MLM | $36.8B | -12% | +9% | 20% | 28.8× | 23.2% |
| Heidelberg Materials HEI.DE | $34.3B | -5% | 0% | 15% | 13.5× | 4.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | TTAM | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -14.1% | +2.2% | 2nd lowest of 21 |
| 6-month return | -31.8% | -19.7% | 5th lowest of 20 |
| Distance from 52-week high | -42.5% | -36.3% | 7th lowest of 21 |
| Revenue growth (TTM) | +5.5% | -0.9% | 6th highest of 21 |
| Operating margin | 15.3% | 8.6% | 3rd highest of 20 |
| Forward P/E | 10.5× | 13.6× | 5th cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | 1.0% | 8.1% | 4th least demanding of 15 |
| Growth delivered (Del g) | +6.9% | +3.4% | 6th highest of 15 |
| Hurdle (Req g minus delivered) | -5.8 pp | -2.3 pp | 5th least demanding of 15 |
| ROIC minus cost of capital | +3.9 pp | -2.9 pp | 3rd highest of 20 |
| EV / EBITDA | 6.8× | 7.7× | 4th cheapest of 12 |
| Net debt / EBITDA | 1.3× | 2.6× | 3rd least indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Titan America TTAM | United States | $2.08B | -32% | +5% | 15% | 10.5× | 1.0% | +6.9% |
| YOUNGY 002192.SZ | China | $2.03B | -52% | +315% | 60% | n/a | 4.9% | +16.8% |
| Sichuan Hexie Shuangma 000935.SZ | China | $1.98B | -35% | -14% | 15% | 13.8× | n/a | n/a |
| SigmaRoc SRC.L | United Kingdom | $1.95B | +14% | +4% | 15% | 12.1× | 12.4% | +52.8% |
| Gansu Shangfeng Materials 000672.SZ | China | $1.88B | -6% | -23% | 7% | 4.5× | 10.2% | -6.1% |
| BBMG 2009.HK | Hong Kong | $1.87B | -20% | -22% | -4% | n/a | 42.3% | -4.0% |
| Imerys NK.PA | France | $2.41B | +11% | -2% | 6% | 15.4× | 7.4% | -2.3% |
| CCCC Design And Consulting 600720.SS | China | $1.73B | -24% | -10% | 12% | 9.7× | n/a | n/a |
| Breedon BREE.L | United Kingdom | $1.60B | +17% | +8% | 7% | 12.2× | 10.1% | +13.0% |
| Cementos Molins CMO.MC | Spain | $2.70B | n/a | +14% | 12% | 13.6× | 8.9% | +12.5% |
| Cementir CEM.MI | Italy | $2.70B | +5% | -2% | 13% | 12.8× | 4.3% | +6.0% |
| FangDa Carbon New Material 600516.SS | China | $2.74B | -20% | +17% | -4% | 226.5× | n/a | n/a |
| China National Building Material 3323.HK | Hong Kong | $2.76B | -51% | 0% | 2% | 25.2× | 25.1% | -7.7% |
| Taiheiyo Cement 5233.T | Japan | $3.03B | +19% | +1% | 8% | 7.7× | 0.8% | +0.8% |
| Fsilon Furnishing and Construction Materials 605318.SS | China | $1.36B | -29% | -15% | -5% | 3,613.5× | n/a | n/a |
| BBMG Jidong Cement 000401.SZ | China | $1.35B | -21% | -8% | n/a | n/a | 37.1% | -7.0% |
| Knife River KNF | United States | $3.20B | -38% | +11% | 9% | 23.1× | n/a | n/a |
| Guangdong Tapai 002233.SZ | China | $1.34B | -10% | -11% | 7% | 20.3× | -15.3% | -10.2% |
| Vicat VCT.PA | France | $3.29B | +6% | +5% | 11% | 10.2× | 0.2% | +6.6% |
| West China Cement 2233.HK | Hong Kong | $1.30B | -29% | -10% | 15% | 11.1× | n/a | n/a |
| United States Lime & Minerals USLM | United States | $3.39B | +7% | +4% | 41% | 19.6× | 5.1% | +18.3% |