Amrize (AMRZ) financial statements
Amrize reported revenue of $11.8B in fiscal 2025, up 0.6% a year over 2 years.
Net income was $1.2B and the operating margin 16.1%, against 16.2% in 2023.
Free cash flow was $1.4B.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Amrize's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $11.7B | $11.7B | $11.8B |
| Cost of revenue | $8.9B | $8.6B | $8.8B |
| Gross profit | $2.8B | $3.1B | $3.0B |
| Selling, general and admin | $898M | $944M | $1.1B |
| Operating income | $1.9B | $2.2B | $1.9B |
| Interest expense | $564M | $547M | $461M |
| Pre-tax income | $1.3B | $1.6B | $1.5B |
| Income tax | $361M | $368M | $326M |
| Net income | $956M | $1.3B | $1.2B |
| EPS (diluted) | $1.73 | $2.30 | $2.14 |
| Diluted shares | 553M | 553M | 554M |
| Gross margin | 23.7% | 26.2% | 25.7% |
| Operating margin | 16.2% | 18.8% | 16.1% |
| Net margin | 8.2% | 10.9% | 10.0% |
Balance sheet
Fiscal years, from Amrize's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $1.1B | $1.6B | $1.9B |
| Inventory | — | $1.5B | $1.5B |
| Total current assets | — | $4.8B | $4.6B |
| Property, plant and equipment | — | $7.5B | $7.9B |
| Goodwill | $9.0B | $8.9B | $9.0B |
| Total assets | — | $23.8B | $24.2B |
| Total current liabilities | — | $2.5B | $2.9B |
| Long-term debt | — | — | $4.9B |
| Total liabilities | — | $13.9B | $11.1B |
| Shareholders' equity | $9.2B | $9.9B | $13.1B |
| Net debt | -$1.1B | -$1.6B | $3.3B |
Cash flow
Fiscal years, from Amrize's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | $2.0B | $2.3B | $2.2B |
| Capital spending | $630M | $642M | $788M |
| Free cash flow | $1.4B | $1.6B | $1.4B |
| Stock-based compensation | $5M | $6M | $14M |
| Free cash flow margin | 12.0% | 14.0% | 12.0% |
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Open AMRZ in InvestinglyQuestions
What was Amrize's revenue in 2025?
$11.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does Amrize generate?
$1.4B in fiscal 2025 (operating cash flow minus capital spending).
From Amrize's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.