Amrize Ltd
Business
Amrize Ltd is a building solutions company providing cement, aggregates, ready-mix concrete, asphalt, and advanced roofing and wall systems across North America. The company operates two reportable segments: Building Materials (cement, aggregates, ready-mix concrete) and Building Envelope (roofing systems, insulation, sheathing, coatings, sealants). Amrize serves infrastructure, commercial, and residential construction markets through more than 1,000 sites and facilities in the United States, Canada, Colombia, Switzerland, and Jamaica.
Summary from 10-K filed 2026-02-18
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Revenues | 11,815 | 11,704 | 11,677 | |
| Cost of revenues | −8,781 | −8,634 | −8,908 | |
| Gross profit | 3,034 | 3,070 | 2,769 | |
| Selling, general and administrative expenses | −1,128 | −944 | −898 | |
| Gain on disposal of long-lived assets | 15 | 71 | 32 | |
| Loss on impairments | −15 | −2 | −15 | |
| Operating income | 1,906 | 2,195 | 1,888 | |
| Interest expense, net | −413 | −512 | −549 | |
| Other non-operating income (expense), net | 4 | −55 | −36 | |
| Income before income tax expense and income from equity method investments | 1,497 | 1,628 | 1,303 | |
| Income tax expense | −326 | −368 | −361 | |
| Income from equity method investments | 11 | 13 | 13 | |
| Net income | 1,182 | 1,273 | 955 | |
| Net loss attributable to noncontrolling interest | 3 | 1 | 1 | |
| Net income attributable to the Company | 1,185 | 1,274 | 956 | |
| Basic (in dollars per share) | 2.14 | 2.3 | 1.73 | |
| Diluted (in dollars per share) | 2.14 | 2.3 | 1.73 | |
| Basic (in shares) | 553 | 553 | 553 | |
| Diluted (in shares) | 554 | 553 | 553 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 1,922 | 1,585 | — | — | |
| Inventories | 1,551 | 1,452 | — | — | |
| Related-party notes receivable | 0 | 532 | — | — | |
| Prepaid expenses and other current assets | 88 | 143 | — | — | |
| Total current assets | 4,681 | 4,781 | — | — | |
| Property, plant and equipment, net | 7,935 | 7,534 | — | — | |
| Goodwill | 9,020 | 8,917 | 8,970 | — | |
| Intangible assets, net | 1,728 | 1,832 | — | — | |
| Operating lease right-of-use assets, net | 608 | 547 | — | — | |
| Other noncurrent assets | 277 | 194 | — | — | |
| Total Assets | 24,249 | 23,805 | — | — | |
| Operating lease liabilities | 136 | 149 | — | — | |
| Other current liabilities | 850 | 893 | — | — | |
| Total current liabilities | 2,857 | 2,550 | — | — | |
| Deferred income tax liabilities | 1,048 | 936 | — | — | |
| Noncurrent portion of operating lease liabilities | 500 | 386 | — | — | |
| Other noncurrent liabilities | 1,654 | 1,521 | — | — | |
| Total Liabilities | 10,995 | 13,891 | — | — | |
| Commitments and contingencies (see Note 17) | — | — | — | — | |
| Common stock, par value of $0.01 per share, 680,250,615 shares authorized, 566,875,513 shares issued and 553,082,525 shares outstanding as of December 31, 2025 | 6 | 0 | — | — | |
| Additional paid-in capital | 12,741 | 0 | — | — | |
| Retained earnings | 902 | 0 | — | — | |
| Net parent investment | 0 | 10,521 | — | — | |
| Treasury stock, 13,792,988 shares as of December 31, 2025 | 0 | 0 | — | — | |
| Accumulated other comprehensive loss | −391 | −606 | — | — | |
| Total Equity attributable to the Company | 13,258 | 9,915 | — | — | |
| Noncontrolling interests | −4 | −1 | — | — | |
| Total Equity | 13,254 | 9,914 | 9,203 | 8,210 | |
| Total Liabilities and Equity | 24,249 | 23,805 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Depreciation, depletion, accretion and amortization | 914 | 889 | 851 | |
| Share-based compensation | 14 | 6 | 5 | |
| Gain on disposal of long-lived assets | −15 | −40 | −32 | |
| Gain on land expropriation | 0 | −31 | 0 | |
| Deferred tax expense (benefit) | 78 | −35 | 11 | |
| Net periodic benefit cost | 12 | 71 | 43 | |
| Other items, net | 134 | 109 | 71 | |
| Accounts receivable, net | −43 | 211 | −83 | |
| Due from related party | 49 | −22 | 1 | |
| Inventories | −61 | −146 | −7 | |
| Accounts payable | 190 | 28 | 60 | |
| Due to related party | −82 | −7 | 28 | |
| Other assets | 45 | −19 | 8 | |
| Other liabilities | −199 | 48 | 142 | |
| Defined benefit pension plans and other postretirement benefit plans | −25 | −55 | −32 | |
| Net cash provided by operating activities | 2,208 | 2,282 | 2,036 | |
| Purchases of property, plant and equipment | −788 | −642 | −630 | |
| Acquisitions, net of cash acquired | −86 | −249 | −1,607 | |
| Proceeds from disposals of long-lived assets | 21 | 61 | 49 | |
| Proceeds from land expropriation | 20 | 32 | 0 | |
| Proceeds from property and casualty insurance | 2 | 0 | 0 | |
| Net decrease (increase) in short-term related-party notes receivable from cash pooling program | 522 | −383 | 187 | |
| Other investing activities, net | −52 | −27 | −24 | |
| Net cash used in investing activities | −361 | −1,208 | −2,025 | |
| Transfers to Holcim, net | −91 | −304 | −20 | |
| Proceeds from issuance of long-term debt, net of discount | 3,395 | 0 | 0 | |
| Payments of debt issuance costs | −24 | 0 | 0 | |
| Net repayments of short-term related-party debt | −129 | −101 | −328 | |
| Proceeds from debt-for-debt exchange with Holcim | 922 | 0 | 0 | |
| Proceeds from issuances of long-term related-party debt | 22 | 230 | 1,465 | |
| Repayments of long-term related-party debt | −5,541 | −272 | 0 | |
| Repayments of long-term third-party debt | 0 | 0 | −335 | |
| Payments of finance lease obligations | −106 | −82 | −55 | |
| Other financing activities, net | −3 | −8 | 7 | |
| Net cash (used in) provided by financing activities | −1,555 | −537 | 734 | |
| Effect of exchange rate changes on cash and cash equivalents | 45 | −59 | 11 | |
| Increase in cash and cash equivalents | 337 | 478 | 756 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Amrize Ltd's CIK number?
Amrize Ltd's SEC CIK number is 0002035989 (2035989). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Amrize Ltd's SEC filings?
All of Amrize Ltd's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Amrize Ltd last report earnings?
Amrize Ltd (AMRZ) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0002035989-26-000050). This is Amrize Ltd's most recent earnings filing of record — not a forecast of its next earnings date.
What is Amrize Ltd's most recent earnings 8-K?
Amrize Ltd's latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0002035989-26-000050. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Amrize Ltd's latest earnings 8-K →
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