InsiderClue
Stocks · Materials · Cement, Hydraulic

Amrize Ltd

AMRZ Clue Score67
Switzerland Fiscal year ends December CIK 0002035989
$36.20 -0.82% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $36.20 −24.77% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 23 Jun 2025. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2023Revenue11.68Operating income1.89Net income0.96EPS, diluted1.73Fiscal year 2024Revenue11.70 +0.2%Operating income2.20Net income1.27 +33.3%EPS, diluted2.30 +32.9%Fiscal year 2025Revenue11.82 +0.9%Operating income1.91Net income1.19 −7.0%EPS, diluted2.14 −7.0%
FY2023FY2024FY2025
Revenue 11.68 11.70 11.82
Growth +0.2% +0.9%
Operating income 1.89 2.20 1.91
Net income 0.96 1.27 1.19
Growth +33.3% −7.0%
EPS, diluted 1.73 2.30 2.14
Growth +32.9% −7.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2023Gross margin23.7%Operating margin16.2%Net margin8.2%Free cash flow margin12.0%Fiscal year 2024Gross margin26.2%Operating margin18.8%Net margin10.9%Free cash flow margin14.0%Fiscal year 2025Gross margin25.7%Operating margin16.1%Net margin10.0%Free cash flow margin12.0%
FY2023FY2024FY2025
Gross margin 23.7% 26.2% 25.7%
Operating margin 16.2% 18.8% 16.1%
Net margin 8.2% 10.9% 10.0%
Free cash flow margin 12.0% 14.0% 12.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2023Operating cash flow2.04Capital expenditure−0.63Free cash flow1.41Fiscal year 2024Operating cash flow2.28Capital expenditure−0.64Free cash flow1.64 +16.6%Fiscal year 2025Operating cash flow2.21Capital expenditure−0.79Free cash flow1.42 −13.4%
FY2023FY2024FY2025
Operating cash flow 2.04 2.28 2.21
Capital expenditure −0.63 −0.64 −0.79
Free cash flow 1.41 1.64 1.42
Growth +16.6% −13.4%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2023Cash1.11Shareholders’ equity9.20Fiscal year 2024Cash1.59Shareholders’ equity9.92Fiscal year 2025Cash1.92Total debt5.27Net cash (debt)−3.35Shareholders’ equity13.26Debt to equity0.40
FY2023FY2024FY2025
Cash 1.11 1.59 1.92
Total debt n/a n/a 5.27
Net cash (debt) n/a n/a −3.35
Shareholders’ equity 9.20 9.92 13.26
Debt to equity n/a n/a 0.40

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
23.7% 26.2% 25.7%
16.2% 18.8% 16.1%
11.2% 13.9% 12.7%
8.2% 10.9% 10.0%
12.0% 14.0% 12.0%
Spending
7.7% 8.1% 9.5%
5.4% 5.5% 6.7%
27.7% 22.6% 21.8%
Returns
10.4% 12.8% 8.9%
n/a 5.4% 4.9%
Balance and payout
n/a n/a 0.40
n/a 58.4% 45.3%