Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Amrize reported its second quarter 2026 financial results with an 8.6% increase in revenue, supported by strong demand from mega projects in data centers, energy, advanced manufacturing, and infrastructure modernization.</li><li>The company achieved 6.7% organic growth and an increase in net income by 14.4%, alongside a 5.8% rise in adjusted EBITDA, reflecting volume growth and pricing improvements, particularly in aggregates and cement.</li><li>Diluted earnings per share grew 14.7%, with adjusted diluted EPS expanding 8.6%.</li></ul>

Amrize reported its second quarter 2026 financial results with an 8.6% increase in revenue, supported by strong demand from mega projects in data centers, energy, advanced manufacturing, and infrastructure modernization.The company achieved 6.7% organic growth and an increase in net income by 14.4%, alongside a 5.8% rise in adjusted EBITDA, reflecting volume growth and pricing improvements, particularly in aggregates and cement.Diluted earnings per share grew 14.7%, with adjusted diluted EPS expanding 8.6%.

Amrize’s $12.7 Billion Outlook: Can Data Center Mega-Projects Keep Driving Growth?

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αSK Primers

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Smartkarma

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Research Reinvented

<ul>
  <li>
<a href="https://smartkarma.com/entities/amrize-ltd">Amrize</a> is a leading North American building solutions company, operating through two key segments: Building Materials (cement, aggregates) and Building Envelope (roofing, wall systems).</li>
  <li>Recent performance highlights a tale of two segments: the Building Materials division is experiencing robust volume growth and margin expansion, while the Building Envelope segment is facing headwinds from a slowdown in the roofing market.</li>
  <li>The forward outlook is balanced. While the company is poised to benefit from positive pricing trends in materials, it must navigate persistent cost inflation and weakness in its Building Envelope business. Shareholder returns are supported by a significant buyback program and a consistent dividend.</li>
</ul><p><em>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.</em></p>


  
Amrize is a leading North American building solutions company, operating through two key segments: Building Materials (cement, aggregates) and Building Envelope (roofing, wall systems).
  Recent performance highlights a tale of two segments: the Building Materials division is experiencing robust volume growth and margin expansion, while the Building Envelope segment is facing headwinds from a slowdown in the roofing market.
  The forward outlook is balanced. While the company is poised to benefit from positive pricing trends in materials, it must navigate persistent cost inflation and weakness in its Building Envelope business. Shareholder returns are supported by a significant buyback program and a consistent dividend.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

<ul><li>Amrize reported a first quarter 2026 revenue increase of 4.7%, with significant strength driven by its Building Materials segment, which posted a 12.9% revenue growth to $1.5 billion.</li><li>This growth was supported by double-digit volume increases in cement and aggregates, alongside multi-year supply agreements for mega projects.</li><li>Cement volumes rose 13.9% and aggregates volumes increased 14.1%, contributing to a 42% adjusted EBITDA growth in Building Materials and a margin expansion of 230 basis points.</li></ul>

Amrize reported a first quarter 2026 revenue increase of 4.7%, with significant strength driven by its Building Materials segment, which posted a 12.9% revenue growth to $1.5 billion.This growth was supported by double-digit volume increases in cement and aggregates, alongside multi-year supply agreements for mega projects.Cement volumes rose 13.9% and aggregates volumes increased 14.1%, contributing to a 42% adjusted EBITDA growth in Building Materials and a margin expansion of 230 basis points.

Amrize’s $1 Billion Buyback Meets A Roofing Slowdown: What Wins?

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Event-Driven

<ul><li>The S&amp;P 500 is sitting near 7,800, a record high.</li><li>At the same time, the 25-day average of new lows on the NYSE has spiked to levels we last saw in the April 2025 selloff.</li><li>The index is at an all-time high while a lot of individual stocks are trading like it’s a bear market.</li></ul>

The S&amp;P 500 is sitting near 7,800, a record high.At the same time, the 25-day average of new lows on the NYSE has spiked to levels we last saw in the April 2025 selloff.The index is at an all-time high while a lot of individual stocks are trading like it’s a bear market.

<ul><li>Amrize is making bold moves in the construction materials space.</li><li>Fresh off a solid Q3 2025 performance—with revenue rising 6.6% year-over-year and a raised full-year top-line guidance—the company has set its sights on expanding its aggregates footprint.</li><li>The recent announcement of its definitive agreement to acquire PB Materials Holdings signals a strategic push into the high-growth West Texas region.</li></ul>

Amrize is making bold moves in the construction materials space.Fresh off a solid Q3 2025 performance—with revenue rising 6.6% year-over-year and a raised full-year top-line guidance—the company has set its sights on expanding its aggregates footprint.The recent announcement of its definitive agreement to acquire PB Materials Holdings signals a strategic push into the high-growth West Texas region.

Amrize Just Bought a $180M Goldmine—Here’s Why It Could Be a Game Changer!

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Amrize (AMRZ US)

Amrize’s $12.7 Billion Outlook: Can Data Center Mega-Projects Keep Driving Growth?

Amrize reported its second quarter 2026 financial results with an 8.6% increase in revenue, supported by strong demand from mega projects in data...

Baptista Research

Primer: Amrize (AMRZ US) - Aug 2026

Amrize is a leading North American building solutions company, operating through two key segments: Building Materials (cement, aggregates) and...

αSK Primers

Amrize’s $1 Billion Buyback Meets A Roofing Slowdown: What Wins?

Amrize reported a first quarter 2026 revenue increase of 4.7%, with significant strength driven by its Building Materials segment, which posted a...

Baptista Research

Weekly Update (IDT, MSGS, MSGR)

The S&P 500 is sitting near 7,800, a record high. At the same time, the 25-day average of new lows on the NYSE has spiked to levels we last saw in...

Richard Howe

Amrize Just Bought a $180M Goldmine—Here’s Why It Could Be a Game Changer!

Amrize is making bold moves in the construction materials space. Fresh off a solid Q3 2025 performance—with revenue rising 6.6% year-over-year and...

Baptista Research

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