Titan America expects 2026 adjusted EBITDA margin to decline 250-300 basis points
TTAM•Titan America forecast mid-single-digit revenue growth in 2026 versus 2025 and expects its adjusted EBITDA margin to decline 250-300 basis points. Third-quarter adjusted EBITDA fell to $94.99 million from $116.67 million, while margin narrowed to 20.6% from 26.7%.
1. 2026 outlook
Titan America updated its full-year 2026 outlook, forecasting mid-single-digit revenue growth versus 2025 and an adjusted EBITDA margin decline of 250-300 basis points. It cited deteriorating markets, unplanned outages and low pre-synergy Keystone contributions.
2. Third-quarter results
Third-quarter adjusted EBITDA fell to $94.99 million from $116.67 million a year earlier, and adjusted EBITDA margin narrowed to 20.6% from 26.7%.
