Amrize (AMRZ) Company Report

Amrize reported strong revenue growth of 6.6% in Q3 2025, driven by continued infrastructure demand and an improving commercial market.
The company generated $674 million in free cash flow, an increase of $221 million from the prior year, and reduced net debt to approximately $5 billion, bringing the net leverage ratio to under 1.7x.
Building Materials revenue increased 8.7%, with 6% cement volume growth and 10.1% aggregates pricing growth, though adjusted EBITDA was impacted by a $50 million temporary equipment outage.
The Building Envelope segment delivered substantial margin expansion of 190 basis points to an adjusted EBITDA margin of 24.1%, attributed to operational efficiencies and lower raw material costs.
Amrize raised its revenue guidance for 2025 and confirmed its EBITDA and net leverage ratio targets, with savings from the ASPIRE program expected to begin in Q4.

Oct 29, 2025, 1:00 PM

Amrize reports strong Q3 2025 revenue growth and raises full-year guidance

AMRZ

Earnings

Guidance Update

New Projects/Investments

Amrize reported strong revenue growth of 6.6% in Q3 2025, driven by continued infrastructure demand and an improving commercial market, with Building Materials revenue increasing 8.7% to $2.8 billion and Building Envelope revenue increasing 0.7% to $901 million.
The company generated strong free cash flow of $674 million, an increase of $221 million from the prior year, and reduced net debt by $612 million to approximately $5 billion, bringing the net leverage ratio to under 1.7 times.
Adjusted EBITDA for Building Materials was $902 million with a 32.5% margin, while Building Envelope achieved $217 million with a 24.1% margin, representing a 190 basis points increase due to operational efficiencies and lower raw material costs.
Amrize is raising its 2025 revenue guidance to a range of $11.7 to $12 billion and confirming its adjusted EBITDA guidance of $2.9 to $3.1 billion, with an expected net leverage ratio below 1.5 times for the full year.
A temporary equipment outage in the cement network resulted in approximately $50 million of higher costs in Q3, but repairs are complete and plants are operating normally, with some lost production expected to be recovered in Q4.

Oct 29, 2025, 1:00 PM

Amrize Reports Strong Q3 2025 Revenue Growth and Raises Full-Year Guidance

AMRZ

Earnings

Guidance Update

New Projects/Investments

Amrize reported Q3 2025 revenue growth of 6.6%, driven by strong performance in its Building Materials segment, which saw an 8.7% increase in revenue, with 6% higher cement volumes and 3.3% higher aggregates volumes.
The company's Building Envelope segment achieved a 190 basis point increase in Adjusted EBITDA margin, reaching 24.1%, due to operational efficiencies and lower raw material costs.
A temporary equipment outage in the cement network resulted in approximately $50 million in higher manufacturing and distribution costs during Q3 2025, but the issue has been resolved, and plants are operating normally.
Amrize raised its full-year 2025 revenue guidance to a range of $11.7 to $12 billion and confirmed its Adjusted EBITDA guidance of $2.9 to $3.1 billion.
The company generated strong free cash flow of $674 million, an increase of $221 million from the prior year.

Oct 29, 2025, 1:00 PM

Amrize Reports Strong Q3 2025 Results and Raises Revenue Guidance

AMRZ

Earnings

Guidance Update

New Projects/Investments

Amrize reported Q3 2025 revenue of $3,675 million, a 6.6% increase year-over-year, and generated Free Cash Flow of $674 million, up $221 million from Q3 2024.
Segment performance was mixed, with Building Materials revenue growing 8.7% but Adjusted EBITDA impacted by a $50 million temporary cement network equipment outage, while Building Envelope Adjusted EBITDA increased 9.0% with 190 basis points of margin expansion.
The company raised its 2025 Revenue guidance to $11.7 billion - $12.0 billion and confirmed its Adjusted EBITDA guidance of $2.9 billion - $3.1 billion and Net Leverage Ratio guidance of under 1.5x by year-end 2025.
Amrize improved its financial position, reducing Net Debt to $4,985 million and its Net Leverage Ratio to 1.7x at the end of Q3 2025.

Oct 28, 2025, 8:29 PM

Amrize Debuts as Independent Publicly Traded Company

AMRZ

M&A

New Projects/Investments

Dividends

Amrize completed its 100% spin-off from Holcim and began trading as an independent, publicly traded company on the NYSE and SIX Swiss Exchange under the ticker symbol "AMRZ" on June 23, 2025.
In 2024, Amrize generated $11.7 billion in revenue, $3.2 billion in Adjusted EBITDA, and $1.7 billion in Free Cash Flow.
The company aims to be the partner of choice for North America's professional builders, operating with over 1,000 sites and 19,000 teammates across the U.S. and Canada.
Amrize entered into several definitive agreements with Holcim on June 20, 2025, to govern their relationship post-spin-off, including a Separation and Distribution Agreement and a Tax Matters Agreement.

Jun 23, 2025, 12:00 AM

Amrize Ltd and Holcim Finance US LLC Complete Debt Exchange Offers

AMRZ

Debt Issuance

Amrize Ltd and Holcim Finance US LLC completed previously announced exchange offers for certain debt securities on June 18, 2025.
The exchange involved six series of notes, with aggregate principal amounts tendered ranging from $50,000,000 for the 4.200% Guaranteed Notes due 2033 (100.00% tendered) to $553,505,000 for the 4.750% Guaranteed Notes due 2046 (93.81% tendered).
New notes were issued in exchange for the tendered original notes, and these new notes are fully and unconditionally guaranteed by Amrize Ltd.

Jun 18, 2025, 12:00 AM

Earnings Transcripts

Quarterly earnings call transcripts for Amrize.

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