Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Imerys S.A. is a global leader in manufacturing and supplying mineral-based specialty solutions for diverse industries. The company produces high-performance minerals and engineered solutions tailored for sectors such as construction, renovation, iron and steel, automotive, plastics, rubber, paints and coatings, filtration, renewable energy, paper and board, refractory, abrasives, and building infrastructure. Organized into key business segments including Performance Minerals across Europe, Middle East and Africa, the Americas, and Asia Pacific; Solutions for Refractory, Abrasives, and Construction serving global markets; and Solutions for the Energy Transition focusing on graphite and carbon for mobile energy applications. These offerings enhance product durability, functionality, and sustainability in end-user applications. Founded in 1997 and headquartered in Paris, France, Imerys S.A. plays a vital role in the basic materials sector, particularly within building materials, by providing essential raw materials that support industrial processes and innovation across multiple geographies.
Operating margin is thin at 5.64%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 6.1% YoY. The question is whether this is cyclical or a structural shift.
Net debt of €1.39B represents 12.4x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€3.38B
▼ -6.1% YoY
Net Income (TTM)
-€412M
▼ -344.5% YoY
Op. Margin
5.64%
▼ -1.3pp YoY
ROIC
3.00%
▼ -0.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€112M
▼ -2.0% YoY
Op. Cash Flow (TTM)
€112M
▼ -72.0% YoY
Net Debt
€1.39B
Cash & Equiv.
€847M
3Y CAGR: -7.5%
3Y CAGR: +34.6%
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