Titan America SA
NYSE: TTAM · BASIC MATERIALS · BUILDING MATERIALS
Updated 2026-06-05
Titan America SA (TTAM) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $146.70M | $178.37M | $227.13M | $248.04M | $277.63M |
| Capital expenditures | $71.45M | $128.27M | $118.74M | $135.42M | $160.54M |
| Depreciation | — | — | — | — | — |
| Stock-based comp | — | — | — | $3.84M | — |
| Free cash flow | $75.25M | $50.10M | $108.38M | $112.62M | $117.09M |
| Investing cash flow | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — |
| Dividends paid | $0.00 | $0.00 | $33.79M | $85.07M | $29.50M |
| Share repurchases | — | — | — | — | — |
| Debt repayment | — | — | — | — | — |
| Net change in cash | — | — | — | — | — |
Frequently asked questions
What is Titan America SA's revenue?
Titan America SA's trailing twelve-month revenue is $1.67B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is TTAM?
In its most recent fiscal year, TTAM ran a gross margin of 26.14%, an operating margin of 16.31%, and a net margin of 11.14%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does TTAM generate?
TTAM produced $117.09M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is TTAM's balance sheet healthy?
TTAM holds $211.75M in cash and equivalents against $390.44M in long-term debt, on $1.03B of shareholder equity. That debt is best read against the cash flow the business throws off each year.