Amrize LtdAMRZ
NYSE•Basic Materials•Building Materials
Amrize AG engages in the provision of various building solutions for infrastructure, commercial, and residential construction markets in North America. It operates through two segments, Building Materials and Building Envelope. The Building Materials segment offers cement and aggregates, as well as ready-mix concrete, asphalt, and other construction materials. The Building Envelope segment provides advanced roofing and wall systems, including single-ply membranes, insulation, shingles, sheathing, waterproofing, and protective coatings; and adhesives, tapes, and sealants. The company was formerly known as Holcim North America Finance Ltd and changed its name to Amrize AG in December 2013. Amrize AG was incorporated in 2023 and is based in Zug, Switzerland.
Amrize Ltd (AMRZ) reported trailing twelve months revenue of $13.99B as of March 2026, a Infinity% increase year-over-year. Quarterly revenue reached $2.18B, reflecting continued top-line momentum.
Amrize Ltd generated $1.06B in TTM net income, with quarterly EBITDA of $122.00M. The operating margin stands at -3.5%.
The spread between operating margin (-3.5%) and net margin (-5.4%) indicates tight cost control with minimal non-operating drag. Net margin has narrowed from 0.0% a year ago, reflecting increased costs or interest expense.
AMRZ trades at a P/E of 28.0x (in line with broad market averages) and a P/S of 2.1x. The price-to-book ratio of 2.3x reflects a moderate premium to book value.
The company reported negative free cash flow of $-1.17B, indicating cash consumption over the period. The balance sheet shows $24.27B in total assets with $4.94B in long-term debt against $13.09B in stockholders equity for a debt-to-equity ratio of 0.4, a conservative capital structure. Data based on the most recent quarterly reports.
Competitive analysis based on 5 quarters of fundamental data
Operating margins are under pressure, averaging 9.6%. The business may lack pricing power or face rising costs.'
Limited ROE data for a reliable assessment.
Only 2 of the last 5 quarters had positive FCF — the business may require external capital to sustain operations.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
Data-driven red flags and warnings across 5 quarters
Operating margins declined 6.8% — watch for continued compression, which may signal competitive or cost pressure.
FCF covers net income by 4.2x on average — earnings are well-supported by cash generation.
D/E ratio is 0.4 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 2 of the last 5 quarters — occasional cash consumption.
Share count is stable — no significant dilution or buyback activity.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation