Amrize (AMRZ)
What the price implies
A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.
At a market value of $19.5B, Amrize's free cash flow of $1.4B (fiscal 2025) would need to grow about 0% a year for the stock to be worth today's price. That is close to what the company has delivered over the last 2 years.
Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Amrize's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.
Fundamental grade
Five factors scored 1 to 9 from AMRZ's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.
Key numbers
Results from SEC filings
Fiscal years, from Amrize's 10-K filings. The deep dive has 15+ years, quarters and every line.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $11.7B | $11.7B | $11.8B |
| Net income | $956M | $1.3B | $1.2B |
| Free cash flow | $1.4B | $1.6B | $1.4B |
| EPS (diluted) | $1.73 | $2.30 | $2.14 |
| Operating margin | 16.2% | 18.8% | 16.1% |
Where the revenue comes from
Revenue by segments, fiscal 2025.
Superinvestors who own AMRZ
From each investor's latest 13F filing (what a 13F shows). 7 of the investors we track hold it.
| Investor | Last quarter | Value | % of portfolio | Quarter |
|---|---|---|---|---|
| Bill Nygren Harris Associates LP |
Added | $746M | 0.99% | Q2 2026 |
| Steven Romick First Pacific Advisors |
Added | $169M | 2.1% | Q2 2026 |
| Hersh Cohen ClearBridge Investments |
New position | $9M | 0.01% | Q2 2026 |
| Mario Gabelli GAMCO Investors |
Added | $4M | 0.04% | Q2 2026 |
| Murray Stahl Horizon Kinetics LLC |
New position | $2M | 0.02% | Q2 2026 |
| Robert Robotti Robotti & Company |
Added | $1M | 0.17% | Q2 2026 |
| Cliff Asness AQR Capital Management |
Added | $897,454 | 0.0% | Q2 2026 |
Insider buying
Open-market purchases by Amrize's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Sep 2, 2026 | Jan Philipp Jenisch Chairman & CEO |
15,000 | $42.53 | $637,950 |
| Sep 2, 2026 | Jan Philipp Jenisch Chairman & CEO |
10,000 | $42.37 | $423,700 |
| Sep 2, 2026 | Jan Philipp Jenisch Chairman & CEO |
2,000 | $42.53 | $85,060 |
| Sep 2, 2026 | Jan Philipp Jenisch Chairman & CEO |
1,000 | $42.44 | $42,440 |
| Mar 13, 2026 | Roald Brouwer |
2,000 | $54.88 | $109,760 |
| Mar 13, 2026 | Mario Gross |
3,200 | $55.29 | $176,928 |
| Mar 11, 2026 | Jaime Hill |
1,000 | $58.91 | $58,910 |
| Mar 11, 2026 | Roald Brouwer |
3,000 | $58.72 | $176,160 |
| Mar 10, 2026 | Ian A Johnston |
4,250 | $58.94 | $250,495 |
| Mar 9, 2026 | Jaime Hill |
3,184 | $56.34 | $179,387 |
Get an alert at your buy price
Pick the price you'd be interested at. We'll email you when AMRZ trades at or below it.
Free accounts get 3 price alerts. No card needed.
In the full deep dive
Questions
What growth does Amrize's stock price imply?
At a market value of $19.5B, Amrize would need its free cash flow to grow about 0% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 2 years its free cash flow grew 0% a year.
Are Amrize insiders buying the stock?
10 open-market insider purchases of AMRZ in the last 12 months, from SEC Form 4 filings.
Which superinvestors own Amrize?
7 of the superinvestors Investingly tracks hold AMRZ in their latest 13F, including Bill Nygren, Steven Romick, Hersh Cohen.
Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.