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TTAM on NYSE

Titan America SA

Limited liability company1

In its 2026 annual report (Form 20-F) the company says: “We are a “controlled company” under corporate governance standards and to take advantage of certain corporate governance exceptions related thereto.”4 Its shares trade on NYSE under the symbol TTAM.1

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Last updated Oct 21, 2026.

Overview

$185.4MNet income, fiscal 20252

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  • TickerTTAM on NYSE1
  • IndustryMining & Quarrying of Nonmetallic Minerals (No Fuels)1
  • HeadquartersC91
  • Incorporated inBelgium3
  • Business address1000 Bruxelles, Place Sainte Gudule 14, Brussels3
  • Filer categoryNon-accelerated filer3

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Titan America SA was incorporated in Belgium on July 17, 2024 and is a limited liability company ( société anonyme/naamloze vennootschap ) under Belgian law. We are registered with the Register of Legal Entities ( registre des personnes morales/rechtspersonenregister ) of Brussels (French-speaking division) and are registered with the Crossroads Bank for Enterprises ( Banque-Carrefour des Entreprises / Kruispuntbank van Ondernemingen ) under number 1011.751.174.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

17.9%Return on equity2
0.38×Debt to equity2
$134.9MFree cash flow2

Financial statements

Gross profit52$435.0M in 2025+97% since 2022
0$200.0M$400.0M$600.0M2022: $221.3M$221.3M20222023: $363.5M$363.5M2023+64%2024: $416.7M$416.7M2024+15%2025: $435.0M$435.0M2025+4%
Operating income52$268.1M in 2025+176% since 2022
0$100.0M$200.0M$300.0M2022: $97.0M$97.0M20222023: $225.6M$225.6M2023+133%2024: $251.4M$251.4M2024+11%2025: $268.1M$268.1M2025+7%
Net income52$185.4M in 2025+196% since 2022
0$50.0M$100.0M$150.0M$200.0M2022: $62.7M$62.7M20222023: $155.2M$155.2M2023+148%2024: $166.1M$166.1M2024+7%2025: $185.4M$185.4M2025+12%
Fiscal year20212022202320242025
Cost of revenue$1.1B5$1.2B2$1.2B2$1.2B2
Gross profit$221.3M5$363.5M2$416.7M2$435.0M2
Operating income$97.0M5$225.6M2$251.4M2$268.1M2
Interest$19.1M5$22.2M2$26.2M2$22.6M2
Income before tax$79.7M5$202.4M2$223.6M2$244.8M2
Income tax$17.0M5$47.1M2$57.5M2$59.4M2
Net income$62.7M5$155.2M2$166.1M2$185.4M2
Earnings per share$0.365$0.892$0.952$1.012
Earnings per share (diluted)$0.365$0.892$0.952$1.012
Shares (weighted, basic)175.4M shares5175.4M shares2175.4M shares2183.4M shares2
Shares (weighted, diluted)175.4M shares5175.4M shares2175.4M shares2183.5M shares2

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What it owns

What Titan America SA reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$930.0M2 Dec 31, 2025$851.7M2 Dec 31, 2024+9.2%
Operating-lease assets (leased space)$66.2M2 Dec 31, 2025$64.7M2 Dec 31, 2024+2.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$211.8M2 Dec 31, 2025$12.1M2 Dec 31, 2024+1646.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$221.6M2 Dec 31, 2025$221.6M2 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$29.0M2 Dec 31, 2025$30.2M2 Dec 31, 2024−3.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$226.4M2 Dec 31, 2025$227.6M2 Dec 31, 2024−0.5%
Raw materials$26.2M2 Dec 31, 2025$29.5M2 Dec 31, 2024−11.4%

Leadership

Who has led Titan America SA, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Vassilios Zarkalis2026–now

President

  1. Jason Pierre Morin2026–now
  2. Vassilios Zarkalis2026–now

Chief financial officer

  1. Lawrence Hugh Wilt Jr.2026–now
Board members and other officers (8)

Timeline

  1. Mar 18, 2026New chief executive Vassilios Zarkalis becomes CEO6

Calendar

Coming up

  1. Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.31 a share, on Nov 5, 2025.16

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

85 filings to the SEC since October 2021: 2 annual reports, 36 insider forms, 47 other. The latest 20:

  1. Aug 12, 20266-K EDGAR
  2. Aug 10, 20263 EDGAR
  3. Jul 28, 20266-K EDGAR
  4. Jul 28, 20266-K EDGAR
  5. May 19, 20264 EDGAR
  6. May 19, 20264 EDGAR
  7. May 19, 20264 EDGAR
  8. May 19, 20264 EDGAR
  9. May 13, 20264 EDGAR
  10. May 12, 20263 EDGAR
  11. May 7, 20264 EDGAR
  12. May 7, 20264 EDGAR
  13. May 7, 20264 EDGAR
  14. May 7, 20264 EDGAR
  15. May 5, 20266-K EDGAR
  16. May 5, 20266-K EDGAR
  17. May 1, 20266-K EDGAR
  18. Apr 17, 20266-K EDGAR
  19. Apr 9, 20264 EDGAR
  20. Apr 9, 20264 EDGAR

The 85 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 19, 2026Wilt Lawrence Hugh Jr.Chief Financial OfficerBuy20,000$14.93$298.6KForm 4

From Forms 4 filed with the SEC.

SEC filer profile

How Titan America SA is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTitan America SA1
  • CIK0002035304
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inBelgium4
  • Fiscal year endsDecember 311
  • Industry code (SIC)1400 Mining & Quarrying of Nonmetallic Minerals (No Fuels)1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address1000 Bruxelles, Place Sainte Gudule 14, Brussels, Belgium1
  • Mailing address5700 Lake Wright Drive, Suite 300, Norfolk, VA 235021
  • Phone(757) 858-65001
  • Shares outstanding184,362,465 shares as of Dec 31, 20254
  • AuditorPricewaterhouseCoopers LLP, Washington, District of Columbia PCAOB ID 238; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceSep 16, 20241
  • Filings85 in all: 6-K (23), 4 (21), 3 (15), CORRESP (4), UPLOAD (4), DRS/A (3), DRSLTR (3), F-1/A (3)1
    All 16 form types

    20-F (2), 424B1 (1), 8-A12B (1), CERT (1), DRS (1), EFFECT (1), F-1 (1), S-8 (1)

  • Latest filingsAnnual report (20-F) Mar 24, 2026

Securities registered for trading

ClassSymbolExchange
Common Shares, no nominal valueTTAMNew York Stock Exchange

From the cover page of the 20-F filed Mar 24, 2026 (Section 12(b) of the Exchange Act).4

Sources

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