Amrize Ltd Reports Q3 2026 Financial Results and Updates FY 2026 Guidance

Executive Summary

On October 28, 2026, Amrize Ltd (NYSE: AMRZ) filed a Current Report on Form 8-K under Items 2.02 and 7.01 to report financial results for the third quarter ended September 30, 2026, and to furnish an accompanying investor presentation.

Key Financial Highlights

• Consolidated Revenues: $3,771 million for Q3 2026, an increase of 2.2% compared to $3,690 million in Q3 2025. Growth was driven by pricing gains ($78 million), M&A contributions ($77 million), and fuel/freight/energy surcharges ($23 million), partially offset by weather-related volume reductions and foreign exchange.
• Net Income & EPS: Net income attributable to the company rose 3.1% to $559 million ($1.02 per diluted share) compared to $542 million ($0.98 per diluted share) in the prior-year period. Adjusted diluted EPS stood flat at $1.05.
• Adjusted EBITDA: Adjusted EBITDA reached $1,076 million (28.5% margin), up 0.2% YoY from $1,074 million (29.1% margin), impacted by elevated diesel, freight, and raw material inflation.

Segment Performance

• Building Materials: Revenue grew 1.8% to $2,842 million with Segment Adjusted EBITDA expanding 2.7% to $938 million (margin of 33.0%, +30 bps YoY). Average selling prices increased 1.8% in cement and 6.9% in aggregates on a constant-currency basis.
• Building Envelope: Revenue increased 3.6% to $929 million, driven by commercial roofing demand and data center infrastructure. Segment Adjusted EBITDA declined 14.6% to $182 million due to input cost pressures and softer residential shingle demand.

Capital Allocation & Guidance

• Capital Returns: Completed the full $1.0 billion share repurchase authorization on October 28, 2026 (~4% of share capital). Declared a Q3 2026 quarterly dividend of $0.11 per share payable November 18, 2026, with an ex-dividend date of November 10, 2026.
• Full-Year 2026 Outlook:
  • Revenues: $12.2 billion to $12.4 billion
  • Adjusted EBITDA: $2.95 billion to $3.05 billion
  • Capital Expenditures: ~$900 million
  • Net Interest Expense: ~$340 million
  • Adjusted Effective Tax Rate: 23%–25%