Amrize Ltd (AMRZ) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

Swipe to see the full flow
Amrize Ltd cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Proceeds from short-term borrowings, net → financing reconciliation: $735,000,000.00financing reconciliation → Net cash from financing activities: $188,000,000.00financing reconciliation → Dividends paid: $304,000,000.00financing reconciliation → Repurchases of common stock: $178,000,000.00financing reconciliation → Payments of finance lease obligations: $64,000,000.00financing reconciliation → Other financing activities, net: $1,000,000.00Other investing activities, net → investing reconciliation: $49,000,000.00investing reconciliation → Purchases of property, plant and equipment: $520,000,000.00investing reconciliation → Acquisitions, net of cash acquired: $425,000,000.00Net cash used in operating activities → operating reconciliation: $475,000,000.00Net income → operating reconciliation: $369,000,000.00Depreciation, depletion, accretion and amortization → operating reconciliation: $494,000,000.00Other items, net → operating reconciliation: $72,000,000.00Deferred tax benefit (expense) → operating reconciliation: $27,000,000.00Share-based compensation → operating reconciliation: $20,000,000.00operating reconciliation → Accounts receivable, net: $939,000,000.00operating reconciliation → Accounts payable: $186,000,000.00operating reconciliation → Other assets: $159,000,000.00operating reconciliation → Other liabilities: $121,000,000.00operating reconciliation → Inventories, net: $40,000,000.00operating reconciliation → Defined benefit pension plans and other postretirement benefit plans: $12,000,000.00Net cash used in investing activities → investing reconciliation: $896,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,922,000,000.00Net cash from financing activities → Cash sources and uses: $188,000,000.00Cash sources and uses → Exchange-rate effect: $10,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $729,000,000.00Cash sources and uses → Net cash used in investing activities: $896,000,000.00Cash sources and uses → Net cash used in operating activities: $475,000,000.00Net income: $369,000,000.00Net income+$369.00 MDepreciation, depletion, accretion and amortization: $494,000,000.00Depreciation & amortization+$494.00 MShare-based compensation: $20,000,000.00Stock-based compensation+$20.00 MOther items, net: $72,000,000.00Other non-cash items+$72.00 MAccounts receivable, net: -$939,000,000.00Accounts receivable−$939.00 MDue from related party: $0.00Inventories, net: -$40,000,000.00Inventories−$40.00 MAccounts payable: -$186,000,000.00Trade payables−$186.00 MDue to related party: $0.00Other assets: -$159,000,000.00Other operating assets−$159.00 MOther liabilities: -$121,000,000.00Other operating liabilities−$121.00 MDefined benefit pension plans and other postretirement benefit plans: -$12,000,000.00Pension & retiree obligations−$12.00 MDeferred tax benefit (expense): $27,000,000.00Deferred income taxes+$27.00 MNet cash used in operating activities: -$475,000,000.00. Cash required to fund net payments.Operating cash−$475.00 Moperating reconciliation: $1,457,000,000.00Transfers to Holcim, net: $0.00Proceeds from short-term borrowings, net: $735,000,000.00Short-term debt issued+$735.00 MProceeds from issuance of long-term debt, net of discount: $0.00Payments of debt issuance costs: $0.00Net repayments of short-term related-party debt: $0.00Proceeds from debt-for-debt exchange with Holcim: $0.00Proceeds from issuances of long-term related-party debt: $0.00Repayments of long-term related-party debt: $0.00Payments of finance lease obligations: -$64,000,000.00Finance lease payments−$64.00 MRepurchases of common stock: -$178,000,000.00Common stock repurchases−$178.00 MDividends paid: -$304,000,000.00Dividends paid−$304.00 MOther financing activities, net: -$1,000,000.00Other financing, net−$1.00 MNet cash from financing activities: $188,000,000.00Financing cash+$188.00 Mfinancing reconciliation: $735,000,000.00Purchases of property, plant and equipment: -$520,000,000.00PP&E purchases−$520.00 MAcquisitions, net of cash acquired: -$425,000,000.00Acquisitions, net of cash−$425.00 MNet decrease in short-term related-party notes receivable from cash pooling program: $0.00Other investing activities, net: $49,000,000.00Other investing, net+$49.00 MNet cash used in investing activities: -$896,000,000.00. Cash required to fund net payments.Investing cash−$896.00 Minvesting reconciliation: $945,000,000.00Cash sources and uses: $2,110,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,922,000,000.00Beginning cash$1.92 BEnding cash: Cash, cash equivalents, and restricted cash: $729,000,000.00Ending cash$729.00 MExchange-rate effect: -$10,000,000.00FX effect−$10.00 MCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsFree cash flow−$995.00 MOperating cash − cash spent on PP&ECash flow / Net income−1.29×Operating cash flow ÷ net incomeNet cash change−$1.19 BEnding cash − beginning cash
Chart details

Amrize Ltd cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
1,922,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 475,000,000 US dollars. Net cash used.
Net income
369,000,000 US dollars
Depreciation, depletion, accretion and amortization
494,000,000 US dollars
Share-based compensation
20,000,000 US dollars
Other items, net
72,000,000 US dollars
Accounts receivable, net
negative 939,000,000 US dollars
Due from related party
0 US dollars
Inventories, net
negative 40,000,000 US dollars
Accounts payable
negative 186,000,000 US dollars
Due to related party
0 US dollars
Other assets
negative 159,000,000 US dollars
Other liabilities
negative 121,000,000 US dollars
Defined benefit pension plans and other postretirement benefit plans
negative 12,000,000 US dollars
Deferred tax benefit (expense)
27,000,000 US dollars
Investing activities
negative 896,000,000 US dollars. Net cash used.
Purchases of property, plant and equipment
negative 520,000,000 US dollars
Acquisitions, net of cash acquired
negative 425,000,000 US dollars
Net decrease in short-term related-party notes receivable from cash pooling program
0 US dollars
Other investing activities, net
49,000,000 US dollars
Financing activities
188,000,000 US dollars. Net cash provided.
Transfers to Holcim, net
0 US dollars
Proceeds from short-term borrowings, net
735,000,000 US dollars
Proceeds from issuance of long-term debt, net of discount
0 US dollars
Payments of debt issuance costs
0 US dollars
Net repayments of short-term related-party debt
0 US dollars
Proceeds from debt-for-debt exchange with Holcim
0 US dollars
Proceeds from issuances of long-term related-party debt
0 US dollars
Repayments of long-term related-party debt
0 US dollars
Payments of finance lease obligations
negative 64,000,000 US dollars
Repurchases of common stock
negative 178,000,000 US dollars
Dividends paid
negative 304,000,000 US dollars
Other financing activities, net
negative 1,000,000 US dollars
Operating adjustment reconciliation
1,457,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
735,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
945,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 10,000,000 US dollars
Ending cash on Jun 30, 2026
729,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
2,110,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 1,193,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
−1.29×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
negative 475,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
520,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 995,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 475,000,000 US dollars minus 520,000,000 US dollars equals negative 995,000,000 US dollars.
Amrize Ltd (AMRZ) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!