Amrize Ltd (AMRZ) financial statements: income statement, balance sheet and cash flow
Amrize Ltd's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Amrize Ltd reported revenue of $11.8B and net income of $1.2B.
Income statement
Amrize Ltd income statement, fiscal years
Line item
Dec 31, 2025 · FY
Revenues
$11.8B
Cost of revenues
($8.8B)
Gross profit
$3.0B
Selling, general and administrative expenses
($1.1B)
Gain on disposal of long-lived assets
$15.0M
Loss on impairments
($15.0M)
Operating income
$1.9B
Interest expense, net
($413.0M)
Other non-operating income (expense), net
$4.0M
Income before income tax expense and income from equity method investments
$1.5B
Income tax expense
($326.0M)
Income from equity method investments
$11.0M
Net income
$1.2B
Net loss attributable to noncontrolling interest
$3.0M
Net income attributable to the Company
$1.2B
Basic (in dollars per share)
$2.14
Diluted (in dollars per share)
$2.14
Basic (in shares)
553.1M
Diluted (in shares)
553.6M
Amrize Ltd income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenues
$3.5B
$2.2B
$3.7B
$3.2B
Cost of revenues
($2.5B)
($2.0B)
($2.6B)
($2.3B)
Gross profit
$993.0M
$211.0M
$1.1B
$966.0M
Selling, general and administrative expenses
($283.0M)
($292.0M)
($312.0M)
($299.0M)
Gain on disposal of long-lived assets
$3.0M
$5.0M
$4.0M
$4.0M
Loss on impairments
($2.0M)
—
$0
($2.0M)
Operating income
$711.0M
($76.0M)
$778.0M
$669.0M
Interest expense, net
($89.0M)
($70.0M)
($89.0M)
($121.0M)
Other non-operating income, net
($1.0M)
$1.0M
$0
$1.0M
Income before income tax expense and income from equity method investments
$621.0M
—
$689.0M
$549.0M
Income tax expense
($146.0M)
$27.0M
($150.0M)
($122.0M)
Income from equity method investments
$1.0M
—
$4.0M
$1.0M
Net income
$476.0M
($118.0M)
$543.0M
$428.0M
Net loss attributable to noncontrolling interests
$2.0M
$2.0M
$2.0M
$1.0M
Net income attributable to the Company
$478.0M
($116.0M)
$545.0M
$429.0M
Basic (in dollars per share)
$0.87
-$0.21
$0.99
$0.78
Diluted (in dollars per share)
$0.86
-$0.21
$0.98
$0.78
Basic (in shares)
552.5M
553.2M
553.1M
553.1M
Diluted (in shares)
553.6M
553.2M
553.9M
553.1M
Balance sheet
Amrize Ltd balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Cash and cash equivalents
$1.9B
Accounts receivable, net
$1.1B
Inventories
$1.6B
Related-party notes receivable
$0
Prepaid expenses and other current assets
$88.0M
Total current assets
$4.7B
Property, plant and equipment, net
$7.9B
Goodwill
$9.0B
Intangible assets, net
$1.7B
Operating lease right-of-use assets, net
$608.0M
Other noncurrent assets
$277.0M
Total Assets
$24.2B
Accounts payable
$1.5B
Current portion of long-term debt
$333.0M
Operating lease liabilities
$136.0M
Other current liabilities
$850.0M
Total current liabilities
$2.9B
Long-term debt
$4.9B
Deferred income tax liabilities
$1.0B
Noncurrent portion of operating lease liabilities
$500.0M
Other noncurrent liabilities
$1.7B
Total Liabilities
$11.0B
Common stock, par value of $0.01 per share, 680,250,615 shares authorized, 566,875,513 shares issued and 553,082,525 shares outstanding as of December 31, 2025
$6000000.00
Additional paid-in capital
$12.7B
Retained earnings
$902.0M
Net parent investment
$0
Treasury stock, 13,792,988 shares as of December 31, 2025
0
Accumulated other comprehensive loss
($391.0M)
Total Equity attributable to the Company
$13.3B
Noncontrolling interests
($4.0M)
Total Equity
$13.3B
Total Liabilities and Equity
$24.2B
Amrize Ltd balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$729.0M
$1.1B
$826.0M
$601.0M
Accounts receivable, net
$2.1B
$1.4B
$2.0B
$1.9B
Inventories, net
$1.6B
$1.6B
$1.5B
$1.6B
Prepaid expenses and other current assets
$245.0M
$260.0M
$186.0M
$192.0M
Total current assets
$4.6B
$4.3B
$4.6B
$4.3B
Property, plant and equipment, net
$8.5B
$8.4B
$7.8B
$7.8B
Goodwill
$9.0B
$9.1B
$9.0B
$9.0B
Intangible assets, net
$1.7B
$1.7B
$1.8B
$1.8B
Operating lease right-of-use assets, net
$601.0M
$604.0M
$617.0M
$597.0M
Other noncurrent assets
$238.0M
$242.0M
$257.0M
$242.0M
Total Assets
$24.6B
$24.3B
$24.0B
$23.8B
Accounts payable
$1.3B
$1.0B
$1.3B
$1.4B
Short-term borrowings
$735.0M
$777.0M
$547.0M
$931.0M
Current portion of long-term debt
$1.0B
$333.0M
$332.0M
$6.0M
Operating lease liabilities
$132.0M
$131.0M
$129.0M
$149.0M
Other current liabilities
$906.0M
$792.0M
$822.0M
$702.0M
Total current liabilities
$4.2B
$3.1B
$3.2B
$3.1B
Long-term debt
$4.2B
$4.9B
$4.9B
$5.3B
Deferred income tax liabilities
$1.1B
$1.1B
$946.0M
$928.0M
Noncurrent operating lease liabilities
$497.0M
$492.0M
$501.0M
$454.0M
Other noncurrent liabilities
$1.7B
$1.6B
$1.6B
$1.6B
Total Liabilities
$11.7B
$11.2B
$11.1B
$11.3B
Common stock, par value of $0.01 per share, 680,250,615 shares authorized, 566,875,513 issued and 549,779,621 outstanding as of June 30, 2026 566,875,513 issued and 553,082,525 outstanding as of December 31, 2025
$6000000.00
$6000000.00
$6000000.00
$6000000.00
Additional paid-in capital
$12.6B
$12.7B
$12.7B
$12.7B
Retained earnings
$997.0M
$785.0M
$601.0M
$59.0M
Treasury stock, 17,095,892 shares as of June 30, 2026 and 13,792,988 shares as of December 31, 2025
-194.0M
0
0
0
Accumulated other comprehensive loss
($533.0M)
($444.0M)
($440.0M)
($361.0M)
Total equity attributable to the Company
$12.9B
$13.1B
$12.9B
$12.4B
Noncontrolling interests
($8.0M)
($6.0M)
($3.0M)
($1.0M)
Total Equity
$12.9B
$13.1B
$12.9B
$12.4B
Total Liabilities and Equity
$24.6B
$24.3B
$24.0B
$23.8B
Cash flow statement
Amrize Ltd cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Net income
$1.2B
Depreciation, depletion, accretion and amortization
$914.0M
Loss on impairments
$15.0M
Share-based compensation
$14.0M
Gain on disposal of long-lived assets
($15.0M)
Gain on land expropriation
$0
Deferred tax expense (benefit)
$78.0M
Net periodic benefit cost
$12.0M
Other items, net
$134.0M
Accounts receivable, net
($43.0M)
Due from related party
$49.0M
Inventories
($61.0M)
Accounts payable
$190.0M
Due to related party
($82.0M)
Other assets
$45.0M
Other liabilities
($199.0M)
Defined benefit pension plans and other postretirement benefit plans
($25.0M)
Net cash provided by operating activities
$2.2B
Purchases of property, plant and equipment
($788.0M)
Acquisitions, net of cash acquired
($86.0M)
Proceeds from disposals of long-lived assets
$21.0M
Proceeds from land expropriation
$20.0M
Proceeds from property and casualty insurance
$2.0M
Net decrease (increase) in short-term related-party notes receivable from cash pooling program
$522.0M
Other investing activities, net
($52.0M)
Net cash used in investing activities
($361.0M)
Transfers to Holcim, net
($91.0M)
Proceeds from issuance of long-term debt, net of discount
$3.4B
Payments of debt issuance costs
($24.0M)
Net repayments of short-term related-party debt
($129.0M)
Proceeds from debt-for-debt exchange with Holcim
$922.0M
Proceeds from issuances of long-term related-party debt
$22.0M
Repayments of long-term related-party debt
($5.5B)
Repayments of long-term third-party debt
$0
Payments of finance lease obligations
($106.0M)
Other financing activities, net
($3.0M)
Net cash (used in) provided by financing activities
($1.6B)
Effect of exchange rate changes on cash and cash equivalents
$45.0M
Increase in cash and cash equivalents
$337.0M
Cash and cash equivalents at the beginning of year
$1.6B
Cash and cash equivalents at the end of year
$1.9B
Amrize Ltd cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$369.0M
($118.0M)
$884.0M
$341.0M
Depreciation, depletion, accretion and amortization
$494.0M
$236.0M
$670.0M
$439.0M
Share-based compensation
$20.0M
$9.0M
$6.0M
$3.0M
Deferred tax benefit (expense)
$27.0M
($17.0M)
$12.0M
($11.0M)
Other items, net
$72.0M
$26.0M
$77.0M
$59.0M
Accounts receivable, net
($939.0M)
($223.0M)
($1.0B)
($849.0M)
Due from related party
$0
$0
$49.0M
$49.0M
Inventories, net
($40.0M)
$16.0M
($24.0M)
($128.0M)
Accounts payable
($186.0M)
($521.0M)
$9.0M
$27.0M
Due to related party
$0
$0
($82.0M)
($80.0M)
Other assets
($159.0M)
($159.0M)
($72.0M)
($91.0M)
Other liabilities
($121.0M)
($136.0M)
($102.0M)
($196.0M)
Defined benefit pension plans and other postretirement benefit plans
($12.0M)
($7.0M)
($18.0M)
($13.0M)
Net cash used in operating activities
($475.0M)
($896.0M)
$404.0M
($450.0M)
Purchases of property, plant and equipment
($520.0M)
($272.0M)
($631.0M)
($446.0M)
Acquisitions, net of cash acquired
($425.0M)
($425.0M)
($86.0M)
($78.0M)
Net decrease in short-term related-party notes receivable from cash pooling program
$0
$0
$522.0M
$522.0M
Other investing activities, net
$49.0M
$33.0M
($50.0M)
($36.0M)
Net cash used in investing activities
($896.0M)
($659.0M)
($211.0M)
($9.0M)
Transfers to Holcim, net
$0
$0
($91.0M)
($91.0M)
Proceeds from short-term borrowings, net
$735.0M
$777.0M
$547.0M
$930.0M
Proceeds from issuance of long-term debt, net of discount
$0
—
$3.4B
$3.4B
Payments of debt issuance costs
$0
—
($24.0M)
($24.0M)
Net repayments of short-term related-party debt
$0
$0
($129.0M)
($129.0M)
Proceeds from debt-for-debt exchange with Holcim
$0
—
$922.0M
$922.0M
Proceeds from issuances of long-term related-party debt
$0
$0
$22.0M
$22.0M
Repayments of long-term related-party debt
$0
—
($5.5B)
($5.5B)
Payments of finance lease obligations
($64.0M)
($31.0M)
($75.0M)
($48.0M)
Repurchases of common stock
($178.0M)
—
—
—
Dividends paid
($304.0M)
—
—
—
Other financing activities, net
($1.0M)
$0
($4.0M)
$2.0M
Net cash provided by (used in) financing activities
$188.0M
$743.0M
($978.0M)
($559.0M)
Effect of exchange rate changes on cash and cash equivalents
($10.0M)
($11.0M)
$26.0M
$34.0M
Decrease in cash and cash equivalents
($1.2B)
($823.0M)
($759.0M)
($984.0M)
Cash and cash equivalents at the beginning of period