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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,648	1,634	1,592	1,364	1,152
Revenue Growth (YoY)	0.28%	2.69%	16.67%	18.37%	-
Cost of Revenue	1,204	1,201	1,212	1,129	942.8
Gross Profit	444.36	433.55	379.42	234.79	209.62
Selling, General & Admin	167.28	162.59	130.98	117.49	101.09
Other Operating Expenses	18.87	19.61	22.87	20.3	14.43
Operating Expenses	186.15	182.2	153.85	137.79	115.51
Operating Income	258.21	251.35	225.57	97	94.11
Interest Expense	-23.8	-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)	-25.71	12.17	-8.7	7.73	28.84
Other Non Operating Income (Expenses)	30.51	-16.33	-2.23	-7.86	-27.16
Pretax Income	240.67	223.62	202.38	79.69	74.56
Income Tax Expense	62.22	57.54	47.13	16.97	15.34
Net Income	178.46	166.07	155.24	62.72	59.22
Net Income to Common	178.46	166.07	155.24	62.72	59.22
Net Income Growth	1.98%	6.98%	147.51%	5.91%	-
Shares Outstanding (Basic)	181	175	175	175	175
Shares Outstanding (Diluted)	181	175	175	175	175
Shares Change (YoY)	3.30%	-	-	0.01%	-
EPS (Basic)	0.99	0.95	0.89	0.36	0.34
EPS (Diluted)	0.99	0.95	0.89	0.36	0.34
EPS Growth	-1.26%	6.98%	147.52%	5.90%	-
Free Cash Flow	124.43	112.62	109.98	53	84.43
Free Cash Flow Per Share	0.69	0.64	0.63	0.30	0.48
Gross Margin	26.96%	26.53%	23.84%	17.21%	18.19%
Operating Margin	15.67%	15.38%	14.17%	7.11%	8.17%
Profit Margin	10.83%	10.16%	9.75%	4.60%	5.14%
Free Cash Flow Margin	7.55%	6.89%	6.91%	3.89%	7.33%
EBITDA	352.71	335.11	301.05	174.1	166.44
EBITDA Margin	21.40%	20.50%	18.92%	12.76%	14.44%
D&A For EBITDA	94.5	83.76	75.48	77.1	72.33
EBIT	258.21	251.35	225.57	97	94.11
EBIT Margin	15.67%	15.38%	14.17%	7.11%	8.17%
Effective Tax Rate	25.85%	25.73%	23.29%	21.30%	20.57%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q