Titan America Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,627	1,634	1,592	1,364	1,152
Revenue Growth (YoY)	19.25%	2.69%	16.67%	18.37%	-
Cost of Revenue	1,183	1,201	1,212	1,129	942.8
Gross Profit	443.84	433.55	379.42	234.79	209.62
Selling, General & Admin	168.34	162.59	130.98	117.49	101.09
Other Operating Expenses	18.74	19.61	22.87	20.3	14.43
Operating Expenses	187.07	182.2	153.85	137.79	115.51
Operating Income	256.77	251.35	225.57	97	94.11
Interest Expense	-26.16	-25.04	-13.22	-17.89	-21.01
Interest & Investment Income	1.47	1.47	0.95	0.44	0.47
Earnings From Equity Investments	-	-	-	0.27	-0.68
Currency Exchange Gain (Loss)	-9.16	12.17	-8.7	7.73	28.84
Other Non Operating Income (Expenses)	6.36	-16.33	-2.23	-7.86	-27.16
Pretax Income	229.28	223.62	202.38	79.69	74.56
Income Tax Expense	59.37	57.54	47.13	16.97	15.34
Net Income	169.91	166.07	155.24	62.72	59.22
Net Income to Common	169.91	166.07	155.24	62.72	59.22
Net Income Growth	170.90%	6.98%	147.51%	5.91%	-
Shares Outstanding (Basic)	177	175	175	175	175
Shares Outstanding (Diluted)	177	175	175	175	175
Shares Change (YoY)	0.70%	-	-	0.01%	-
EPS (Basic)	0.96	0.95	0.89	0.36	0.34
EPS (Diluted)	0.96	0.95	0.89	0.36	0.34
EPS Growth	169.03%	6.98%	147.52%	5.90%	-
Free Cash Flow	102.19	112.62	109.98	53	84.43
Free Cash Flow Per Share	0.58	0.64	0.63	0.30	0.48
Gross Margin	27.28%	26.53%	23.84%	17.21%	18.19%
Operating Margin	15.78%	15.38%	14.17%	7.11%	8.17%
Profit Margin	10.45%	10.16%	9.75%	4.60%	5.14%
Free Cash Flow Margin	6.28%	6.89%	6.91%	3.89%	7.33%
EBITDA	342.86	335.11	301.05	174.1	166.44
EBITDA Margin	21.08%	20.50%	18.92%	12.76%	14.44%
D&A For EBITDA	86.09	83.76	75.48	77.1	72.33
EBIT	256.77	251.35	225.57	97	94.11
EBIT Margin	15.78%	15.38%	14.17%	7.11%	8.17%
Effective Tax Rate	25.89%	25.73%	23.29%	21.30%	20.57%

Updated Apr 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q