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Amrize Ltd

AMRZ NYSE Categories PDF
Basic Materials · Construction Materials
Zug, 6300, Switzerland IPO 2025 holcim.com/amrize Updated Jun 27, 8:59am
Price
$55.87
Market Cap
$30.9B
Employees
19,000
Beta
-0.09
Avg Volume
3,060,975
CEO
Jan Philipp Jenisch
Business Description

Amrize AG, established in 2023, is a company headquartered in Zug, Switzerland. Its primary activity revolves around providing construction materials throughout the North American region. A significant upcoming change is its planned operational autonomy from Holcim AG, which will take effect on June 23, 2025.

Business History
Price Overview
Last updated: Jun 27, 2026 8:59am (just now)
$55.87
-0.01 (-0.02%)
Day Range
$54.48 – $56.01
52-Week Range
$44.12 – $65.94
50-Day MA
$53.66
200-Day MA
$53.93
Volume
2,338,801.00
Analyst Price Targets
Low $58.00
Consensus $67.00
High $75.00
(23 analysts)
Share Structure
Outstanding 552,735,960.00
Float 493,204,364.00
Free Float 89.2%
High free float — 89.2% of shares trade freely, ~10.8% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Last updated: Jun 27, 2026 8:59am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 21, 2026 7:38pm (5d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
26.11
Stock Price: $55.87
EPS (Diluted): 2.14
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
2.26
Stock Price: $55.87
Total Equity: $13.25B
Shares: 553,600,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
12.07
Market Cap: $30.88B
Total Debt: $5.27B
Cash: $1.92B
EBITDA: $2.82B
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$33.9B
Market Cap: $30.88B
Total Debt: $5.27B
Cash: $1.92B
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
25.7%
Gross Profit: $3.03B
Revenue: $11.82B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
16.1%
Operating Income: $1.91B
Revenue: $11.82B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
10.0%
Net Income: $1.19B
Revenue: $11.82B
ROE (Profit from shareholder equity)
CALC
Net Income / Total Equity
8.9%
Net Income: $1.19B
Total Equity: $13.25B
ROIC (Profit from all invested capital)
CALC
NOPAT / Invested Capital
9.0%
Operating Income: $1.91B
Tax Rate: 21.6%
Equity: $13.25B
Total Debt: $5.27B
Cash: $1.92B
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
1.64
Current Assets: $4.68B
Current Liabilities: $2.86B
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.40
Short-Term Debt: $333.00M
Long-Term Debt: $4.94B
Total Debt: $5.27B
Total Equity: $13.25B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$21.34
Revenue: $11.82B
Shares: 553,600,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$23.94
Total Equity: $13.25B
Shares: 553,600,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$2.57
Operating CF: $2.21B
CapEx: -$788.00M
Shares: 553,600,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $55.87
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $1.19B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares AMRZ against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 7:38pm (5d ago)
Metric 2021 2022 2023 2024 2025
Revenue $8.1B $10.7B $11.7B $11.7B $11.8B
Cost of Revenue $6.3B $8.3B $8.9B $8.6B $8.8B
Gross Profit $1.8B $2.5B $2.8B $3.1B $3.0B
Operating Expenses $530.0M $773.0M $881.0M $893.0M $1.1B
Operating Income $1.3B $1.7B $1.9B $2.2B $1.9B
Net Income $841.0M $1.1B $956.0M $1.4B $1.2B
EBITDA $2.0B $2.5B $2.7B $3.0B $2.8B
EPS $1.52 $2.00 $1.73 $2.30 $2.14
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 21, 2026 7:38pm (5d ago)
Metric 2022 2023 2024 2025
Cash & Equivalents $351.0M $1.1B $1.8B $1.9B
Total Current Assets $3.2B $3.9B $4.5B $4.7B
Total Assets $20.7B $23.0B $23.5B $24.2B
Current Liabilities $2.3B $2.4B $2.4B $2.9B
Long-Term Debt $7.6B $8.6B $4.9B $4.9B
Total Liabilities $12.5B $13.8B $10.2B $11.0B
Total Equity $8.2B $9.2B $13.3B $13.3B
Retained Earnings $0 $0 $0 $0
Cash Flow (Annual)
Last updated: Jun 21, 2026 7:38pm (5d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $1.5B $2.0B $2.0B $2.3B $2.2B
Capital Expenditure -$394.0M -$488.0M -$630.0M -$642.0M -$788.0M
Free Cash Flow $1.1B $1.5B $1.4B $1.6B $1.4B
Acquisitions (net) -$3.5B -$2.0B -$1.6B -$249.0M -$86.0M
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash $226.0M -$48.0M $756.0M $478.0M $337.0M
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 8:59am (just now)
Metric 2027 2028 2029 2030
Revenue $13.1B
$12.9B – $13.5B
$13.9B
$13.9B – $13.9B
$14.2B
$13.7B – $14.8B
$14.8B
$14.3B – $15.4B
EBITDA $3.2B
$3.1B – $3.3B
$3.4B
$3.4B – $3.4B
$3.4B
$3.3B – $3.6B
$3.6B
$3.5B – $3.7B
Net Income $1.7B
$1.6B – $1.9B
$2.0B
$1.2B – $2.3B
$2.1B
$2.0B – $2.2B
$2.2B
$2.1B – $2.3B
EPS
Growth Trends (YoY %)
Last updated: Jun 21, 2026 7:38pm (5d ago)
Metric 2022 2023 2024 2025
Revenue Growth +31.9% +8.9% +0.2% +0.9%
Gross Profit Growth +36.0% +12.0% +10.9% -1.2%
Operating Income Growth +31.9% +11.1% +15.3% -12.4%
Net Income Growth +31.7% -13.7% +48.4% -16.5%
EBITDA Growth +24.5% +8.3% +11.4% -6.3%
Insider Trading (Recent)
Type codes PPurchase SSale AAward / grant MOption exercise FIn-kind (tax) CConversion GGift DReturn to issuer
All SEC Form 4 codes
Open market
P Purchase
Open-market or private purchase of shares.
S Sale
Open-market or private sale of shares.
Compensation (Rule 16b-3)
A Award / grant
Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
D Return to issuer
Securities disposed back to the company under Rule 16b-3.
F In-kind (tax)
Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
I Discretionary
Discretionary transaction under an employee plan — Rule 16b-3(f).
M Option exercise
Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
C Conversion
Conversion of a derivative security into the underlying shares.
E Short expiration
Expiration of a short derivative position.
H Long expiration
Expiration or cancellation of a long derivative position with value received.
O OTM exercise
Exercise of an out-of-the-money derivative.
X ITM exercise
Exercise of an in-the-money or at-the-money derivative.
Other exempt
G Gift
Bona fide gift of securities.
L Small acquisition
Small acquisition under Rule 16a-6.
W Inheritance
Acquisition or disposition by will or the laws of descent.
Z Voting trust
Deposit into or withdrawal from a voting trust.
Other
J Other
Other acquisition or disposition (explained in a Form 4 footnote).
K Equity swap
Transaction in an equity swap or similar instrument.
U Tender / buyout
Disposition via tender of shares in a change-of-control transaction.

Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.

Date Insider Type Shares Price Value
2026-05-22 Forrest Nollaig P-Purchase 2,000.00 $50.25 $100,500
2026-05-21 Brouwer Roald P-Purchase 1,500.00 $49.84 $74,760
2026-05-20 Gross Mario P-Purchase 1,200.00 $48.63 $58,356
2026-05-19 Gross Mario P-Purchase 1,000.00 $48.63 $48,630
2026-05-19 Gross Mario P-Purchase 1,800.00 $49.47 $89,046
2026-05-19 Jenisch Jan Philipp P-Purchase 1,000.00 $48.55 $48,550
2026-05-19 Jenisch Jan Philipp P-Purchase 1,640.00 $48.69 $79,852
2026-05-19 Jenisch Jan Philipp P-Purchase 2,000.00 $48.72 $97,440
2026-05-19 Jenisch Jan Philipp P-Purchase 1,360.00 $48.50 $65,960
2026-05-19 Jenisch Jan Philipp P-Purchase 7,000.00 $49.69 $347,830
2026-05-19 Jenisch Jan Philipp P-Purchase 3,001.00 $49.63 $148,940
2026-05-19 Jenisch Jan Philipp P-Purchase 3,000.00 $49.96 $149,880
2026-05-15 Jenisch Jan Philipp P-Purchase 8,000.00 $49.63 $397,040
2026-05-15 Jenisch Jan Philipp P-Purchase 13,417.00 $49.69 $666,691
2026-05-15 Jenisch Jan Philipp P-Purchase 7,000.00 $49.12 $343,840
2026-05-05 Clark Stephen S P-Purchase 2.15 $52.75 $114
2026-04-21 Gangestad Nicholas C A-Award 2,976.00 $0.00 $0
2026-04-21 Gangestad Nicholas C F-InKind 740.00 $57.12 $42,269
2026-04-21 Gibson Dwight Audley Konrad A-Award 2,976.00 $0.00 $0
2026-04-21 Gibson Dwight Audley Konrad F-InKind 740.00 $57.12 $42,269
Dividend History (Last 20)
Last updated: Jun 21, 2026 7:38pm (5d ago)
Date Dividend Declaration Record Payment
2026-05-12 $0.11 2026-05-12 2026-05-20
2026-04-24 $0.44 2026-04-24 2026-05-04
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for AMRZ — it's generated by the pipeline (market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30