Titan America Caps 2025 With Record Earnings and Keystone Cement Agreement

Overview

• Fourth-quarter results showed 4% year-over-year revenue growth and a 12% improvement in adjusted EBITDA.
• For the full year, the company posted record revenue, net income and operating cash flow, including record adjusted EBITDA of $390 million.
• An agreement signed in early January 2026 to acquire Keystone Cement would add roughly 990,000 short tons of clinker capacity and more than 50 years of reserves, extending reach into Pennsylvania and Ohio.
• Guidance calls for low single-digit revenue growth in 2026 with modest margin expansion, as infrastructure spending and private nonresidential projects offset persistent housing weakness and tariffs ease year over year.
• Planned 2026 investments include expanding Pennsuco grinding capacity, building a new precast lintel facility in Florida, and increasing alternative fuel use in Miami by 50% to curb energy costs.