Titan America SA (TTAM) Stock Price & How to Invest
Last updated July 2026
Short answer
TTAM is Titan America SA, the U.S. arm of Greece's Titan Cement, a vertically integrated cement, aggregates, ready-mix and concrete-block producer on the Eastern Seaboard that IPO'd on the NYSE in early 2025. It is a real, profitable building-materials business, so the investing question is mostly about construction demand, pricing and its very thin public float.
TTAM stock price
As of 2026-07-17, Titan America SA (TTAM) last closed at $16.95, up 20.7% over the past year. Over the past 52 weeks it has traded between $13.66 and $19.32.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or Titan America SA's investor relations page. Walnut is informational, not investment advice.
What does Titan America SA (TTAM) do?
Titan America (NYSE: TTAM) manufactures and supplies heavy building materials across the Eastern United States, concentrated in Florida and the Mid-Atlantic (Virginia, the Carolinas and the New York and New Jersey metro area). Its vertically integrated model spans cement and supplementary cementitious materials, aggregates, ready-mix concrete, concrete block and fly ash, sold to construction contractors and building-products resellers. The company operates as the U.S. subsidiary of Titan Cement International, a Greek building-materials group founded in 1902, and listed on the NYSE in February 2025 by selling a small slice of shares while the parent retained majority control.
The investment picture is that of a mature, cyclical materials company rather than a growth story. Full-year 2025 revenue was about 1.66 billion dollars with net income of roughly 185 million dollars and adjusted EBITDA near 390 million dollars, and the balance sheet carries modest leverage (around 0.64 times EBITDA). Growth is being driven by pricing discipline, cost control and bolt-on expansion, notably the May 2026 close of the Keystone Cement acquisition that adds Mid-Atlantic cement capacity. The offsetting considerations are exposure to housing and infrastructure cycles, energy and freight costs, and a very small public float because Titan Cement International still owns the large majority of the stock.
What's driving Titan America SA (TTAM)?
1. Eastern Seaboard construction demand
Titan America's volumes track residential, commercial and public-infrastructure construction in Florida and the Mid-Atlantic, some of the faster-growing U.S. regions. Federal infrastructure spending and Sun Belt population growth support cement and aggregates demand. Because the business is regional rather than national, local permitting, weather and project timing swing quarterly results.
2. Pricing and cost discipline
Management has emphasized resilient pricing across cement, aggregates and ready-mix, with sequential price improvement noted into 2026. Lower input and financing costs, plus a reduced tax burden, lifted 2025 net income by roughly 12 percent even as revenue grew only in the low single digits. Margin expansion, not volume, has been the main earnings lever.
3. Keystone acquisition and Mid-Atlantic expansion
Titan America completed its acquisition of Keystone Cement Company on May 1, 2026, adding cement capacity and extending its Mid-Atlantic footprint. The 2026 guidance deliberately excludes Keystone while the company integrates it, so the deal is a potential incremental contributor beyond the base outlook. Integration execution and demand in the acquired markets will shape how much value it adds.
4. Cash generation and modest leverage
The company generated record operating cash flow (around 295 million dollars in 2025) and kept net debt low at roughly 0.64 times adjusted EBITDA. That gives it room to fund capital projects and bolt-on deals without heavy financial strain. Steady free cash flow is central to the story for a slow-growth materials producer.
What are the risks to Titan America SA (TTAM)?
Titan America is cyclical: a slowdown in U.S. housing, commercial building or infrastructure funding would pressure both volumes and pricing. Energy, fuel and freight costs are large inputs that can compress margins when they rise. The public float is very thin because Titan Cement International retains roughly 87 percent of the shares, which concentrates control with the parent and can amplify share-price volatility while limiting minority-holder influence. As a NYSE-listed foreign private issuer, the company reports on a 6-K and 20-F cadence rather than standard domestic filings, and integration of the Keystone acquisition carries execution risk.
How is Titan America SA (TTAM) valued? (approximate, JULY 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Titan America SA's investor relations page or your broker.
- Revenue (TTM): ~$1.67B
- Net income (FY2025): ~$185M
- Adjusted EBITDA (FY2025): ~$390M
- Market cap: ~$3.4B
- P/E (approx): ~17-18x
- Net leverage: ~0.64x EBITDA
Full-year 2025 revenue rose about 2 percent to roughly 1.66 billion dollars while net income climbed near 12 percent, and Q1 2026 was broadly flat (revenue about 398 million dollars, net income about 33 million dollars). At a market cap around 3.4 billion dollars the stock trades near a high-teens earnings multiple, in the range of larger aggregates and cement peers. The very small public float (roughly 25 million shares versus about 184 million total) means reported valuation reflects a company controlled by its Greek parent.
Who competes with Titan America SA (TTAM)?
U.S. aggregates and cement majors
Vulcan Materials, Martin Marietta, Eagle Materials, Summit Materials and Arcosa are the large publicly traded U.S. building-materials peers. They are bigger and more geographically diversified than Titan America, and they set the benchmark for pricing power and margins in aggregates and cement.
Multinational cement producers
Global cement groups such as CRH, Holcim (Lafarge) and CEMEX compete in overlapping Eastern U.S. markets through their North American operations. Titan's own parent, Titan Cement International, sits in this multinational tier and owns the majority of TTAM.
Regional ready-mix and materials suppliers
In its Florida and Mid-Atlantic markets, Titan America competes with regional ready-mix, concrete-block and aggregates suppliers and with vertically integrated contractors. Local capacity, logistics costs and customer relationships often matter more than national scale in these markets.
How to invest in Titan America SA (TTAM)
There are three common ways to get TTAM exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so TTAM sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where TTAM fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
The bottom line on Titan America SA (TTAM)
Titan America is a steady, cash-generative regional cement maker whose main watch-items are U.S. construction cycles, integration of the Keystone acquisition, and the fact that its parent still controls roughly 87 percent of the shares.
More on Titan America SA (TTAM)
Whether TTAM is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is TTAM a buy?, and where the stock could go from here in the TTAM stock forecast.
For income investors, whether TTAM pays a dividend and how the payout looks is covered in does TTAM pay a dividend?
Build a basket around TTAM with Walnut
Use Titan America SA as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
What company is TTAM?
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TTAM is the NYSE ticker for Titan America SA, a vertically integrated producer of cement, aggregates, ready-mix concrete and concrete block operating primarily on the U.S. Eastern Seaboard. It is the American subsidiary of the Greek building-materials group Titan Cement International.
What does Titan America actually make?
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The company manufactures and sells cement and supplementary cementitious materials, aggregates, ready-mix concrete, concrete block, fly ash and related products. Customers are construction contractors and building-products resellers, mainly in Florida and the Mid-Atlantic region.
When did Titan America go public?
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Titan America listed on the New York Stock Exchange in February 2025, selling 24 million shares at 16 dollars each. Roughly nine million were newly issued and about fifteen million were sold by the parent, Titan Cement International.
Who owns most of Titan America?
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Titan Cement International, the Greek parent founded in 1902, retained roughly 87 percent of the shares after the IPO. That leaves a public float of only about 25 million shares, so minority holders own a small slice of the company.
How profitable is Titan America?
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In 2025 the company reported roughly 1.66 billion dollars of revenue, about 185 million dollars of net income and near 390 million dollars of adjusted EBITDA, with record operating cash flow. It is a consistently profitable, cash-generative business rather than a speculative one.
What is the Keystone Cement acquisition?
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Titan America agreed to acquire Keystone Cement Company to expand its cement capacity and Mid-Atlantic footprint, closing the deal on May 1, 2026. Its 2026 guidance excludes Keystone while the company integrates the operation, so any contribution would be incremental.
What are the main risks with TTAM?
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The main risks are the cyclicality of U.S. construction demand, sensitivity to energy and freight costs, execution risk on acquisitions, and the very thin public float caused by the parent's majority ownership, which can make the shares more volatile and limit minority influence.
Who competes with Titan America?
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Its publicly traded peers include U.S. aggregates and cement majors such as Vulcan Materials, Martin Marietta, Eagle Materials, Summit Materials and Arcosa, plus multinational producers like CRH, Holcim and CEMEX, and various regional ready-mix and concrete suppliers in its home markets.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with Titan America SA's investor relations page or your broker before making investment decisions.