What does CRH do and what are its main business segments?

Did CRH beat or miss consensus estimates last quarter?

What is CRH's gross profit margin?

What guidance did CRH's management provide for the next earnings period?

What is the market's earnings forecast for CRH next quarter?

What is the revenue and EPS growth rate for CRH year over year?

What factors drove the changes in CRH's revenue and profit?

What were the key takeaways from CRH's earnings call?

- **Record Performance**: 2025 EBITDA up 11% to $7.7 billion, 12th straight year of margin expansion.
- **Strategic Investments**: $4.1B in M&A and $1.7B in CapEx drive growth; Eco Material integration ahead of schedule.
- **Shareholder Returns**: 5% dividend increase, $300M buyback, and $5B free cash flow.
- **2026 Outlook**: $8.1–$8.5B EBITDA target, supported by infrastructure megatrends.
- **Risks**: Residential construction challenges, but resilient repair/remodel demand.

**【CEO Summary Section】**
- CRH reported record financial performance in 2025, with adjusted EBITDA up 11% to $7.7 billion and margin expansion of 100 basis points, marking the 12th consecutive year of margin growth.
- The company invested $4.1 billion in 38 acquisitions and $1.7 billion in growth CapEx, driving organic growth and long-term value creation.
- Shareholder returns included a 5% dividend increase and $300 million quarterly share buyback, with total free cash flow of $5 billion.
- Guidance for 2026 expects adjusted EBITDA of $8.1–$8.5 billion, supported by transportation, water, and reindustrialization megatrends.

**【CFO Financial Commentary】**
- Strong financial discipline resulted in a net debt/EBITDA ratio of 1.8x and free cash flow conversion of 130%.
- Capital allocation focused on high-return M&A (e.g., Eco Material) and growth CapEx, with $40 billion of financial capacity over five years.
- Dividends grew 6% in 2025, and the buyback program returned $10 billion since 2018.

**【Q&A Highlights】**
- **2026 Outlook**: Transportation infrastructure funding (50% of IIJA unused) and data center demand will drive growth. International Solutions saw 8% revenue growth in 2025, with 200 basis points of margin expansion.
- **M&A Progress**: Eco Material integration is ahead of schedule, with $200 million EBITDA contribution in 2026. Pipeline remains robust across aggregates, cementitious, roads, and water.
- **Risks**: Residential construction remains subdued due to high mortgage rates, but repair/remodel demand is resilient.
- **Policy Support**: Bipartisan momentum for a multiyear highway bill could accelerate infrastructure spending.

CRH plc (CRH) Q4 2025 Earnings Call Transcript

- **Record Q3 EBITDA**: $2.7B (+10% YoY), raising full-year guidance to $7.6-7.7B. 
- **Margin Expansion**: 100bps Q3, 12th consecutive year of improvement. 
- **Strategic Acquisitions**: $3.5B in M&A, including $2.1B Eco Material. 
- **2026 Growth Drivers**: 60% of IIJA funds undeployed, data center pipeline of $690B. 
- **Financial Discipline**: 12-year margin expansion streak, 22-24% target by 2030.

**【CEO Summary Section】**
- **Record Q3 Performance**: Adjusted EBITDA of $2.7 billion, up 10% YoY, driven by strong demand, pricing momentum, and M&A contributions. Full-year EBITDA guidance raised to $7.6-7.7 billion (10% midpoint growth). 
- **4 Connected Growth Platforms**: 
  1. **Aggregates**: 230M tonnes annual production, 85% of revenue tied to aggregates. 
  2. **Cementitious**: 25M tonnes annual capacity, recent $2.1B Eco Material acquisition. 
  3. **Roads**: Largest U.S. road paver, 50M tonnes asphalt/year. 
  4. **Water**: 80% products consume aggregates, 690B data center pipeline within 50-mile radius. 
- **2026 Outlook**: 60% of IIJA funds undeployed, state DOT spending +6%, data center pipeline growth. 

**【CFO Financial Commentary】**
- **Q3 Financials**: 
  - Revenues: $11.1B (+5% YoY) 
  - EBITDA: $2.7B (+10% YoY) 
  - Margin: 100bps expansion to 24.3% 
  - EPS: $5.49-5.52 (Diluted) 
- **Capital Allocation**: 
  - M&A: $3.5B (27 deals) 
  - CapEx: $1.2B 
  - Share Buybacks: $1.1B 
  - Dividends: $700M+ 
- **2025 Guidance**: 12th consecutive year of margin expansion, 10% EBITDA growth. 

**【Q&A Highlights】**
- **2026 Volume/Price**: 
  - Aggregates: +6% pricing, low-single-digit volume 
  - Cement: +1% pricing, low-single-digit volume 
  - M&A Contribution: ~$200M EBITDA 
- **Margin Expansion**: 12-year track record, targeting 22-24% by 2030 via automation, cost control. 
- **Data Center Demand**: 98 active projects, aggregates/cement pull-through >50%. 
- **M&A Pipeline**: $40B financial capacity (70% growth, 30% returns) over 5 years. 


CRH plc (CRH) Q3 2025 Earnings Call Transcript

- **Record Q2 Growth**: $10.2 billion revenue (+6%), $2.5 billion EBITDA (+9%), 70bps margin expansion.
- **Strategic SCM Expansion**: $2.1 billion Eco deal doubles U.S. cementitious capacity to 25 million tons.
- **Guidance Raise**: 2025 EBITDA target $7.5-7.7 billion (+10% midpoint), driven by infrastructure, non-res, and pricing.
- **Capital Allocation**: $3 billion for growth and returns, including $700 million CapEx and $800 million buybacks.
- **Market Momentum**: Backlogs ahead, IIJA runway, and resilient outdoor living demand.

**【CEO Summary Section】**
- CRH reported a record second-quarter performance with total revenues of $10.2 billion, a 6% year-over-year increase, and adjusted EBITDA of $2.5 billion, up 9%. Margins expanded by 70 basis points to 24.5%.
- The company invested $1.7 billion in 19 bolt-on acquisitions and growth CapEx, including the $2.1 billion acquisition of Eco Material Technologies, a leading SCM supplier in North America.
- Full-year 2025 guidance was raised to $7.5-7.7 billion in adjusted EBITDA (10% midpoint growth), driven by strong backlogs, infrastructure demand, and positive pricing momentum.

**【COO Operating Performance】**
- **Americas Materials Solutions**: Revenues and EBITDA grew 2-4%, with aggregates pricing up 4% (7% mix-adjusted) and cement pricing up 2%. Backlogs were ahead of prior year, supported by IIJA infrastructure funding (less than 40% deployed).
- **International Solutions**: Revenue increased 13%, EBITDA rose 23%, and margins expanded 170 basis points. Adbri (Australia) performed ahead of expectations, with strong demand in infrastructure and non-residential markets.
- **Building & Infrastructure Solutions**: Revenue grew 3% in data centers and water infrastructure, while Outdoor Living Solutions remained resilient with 2% revenue growth.

**【CFO Financial Commentary】**
- Q2 diluted EPS rose 3% to $1.08, with $800 million in share buybacks and a 6% dividend increase.
- M&A contributed $340 million to 2025 EBITDA (excluding Eco), with a strong pipeline of bolt-on acquisitions.
- Capital allocation focused on high-return growth investments ($700 million in CapEx) and shareholder returns ($3 billion total for 2025).

**【Q&A Highlights】**
- **Guidance Drivers**: Infrastructure demand (IIJA, state funding), non-residential activity (data centers, manufacturing), and pricing discipline.
- **Eco Deal**: Adds 10 million tons of SCM capacity, doubling U.S. cementitious production to 25 million tons. Synergies include rail network optimization and innovation in next-gen concrete.
- **M&A Pipeline**: $1 billion invested YTD in 19 deals; focus on aggregates, asphalt, and infrastructure with attractive returns (mid-single-digit multiples).
- **Residential Outlook**: New build constrained by high interest rates, but repair/remodel resilient; international markets show stabilization.
- **Investor Day**: September event to detail strategy, growth opportunities, and midterm ambitions, including Roads and water infrastructure businesses.

CRH plc (CRH) Q2 2025 Earnings Call Transcript

- **Q1 2025 Strong Start**: Revenue +3%, EBITDA +11%, margin +50bps to 7.3%.
- **$600M Acquisitions**: 8 bolt-ons in Q1, targeting high-growth markets.
- **Infrastructure Growth**: IIJA pipeline provides 3x+ deployment runway; non-residential demand strong in manufacturing/data centers.
- **International Momentum**: Europe West activity improving, EBITDA +22% YoY in Q1.
- **Shareholder Returns**: $300M buybacks, 6% dividend increase to $0.37/share.
- **No Project Delays**: Backlogs positive across markets despite macro uncertainty.


**【CEO Opening Remarks】**
- Q1 2025 revenue: $6.8 billion (+3% YoY), adjusted EBITDA: $495 million (+11% YoY), margin +50bps to 7.3%.
- 8 bolt-on acquisitions ($600M) in Q1, targeting essential materials, road solutions, and outdoor living.
- Full year 2025 guidance reaffirmed: adjusted EBITDA $7.3-7.7B, net income $3.7-4.1B, EPS $5.34-5.80.
- Infrastructure demand driven by IIJA (only 1/3 of highway funds deployed), non-residential growth in manufacturing/data centers.

**【COO Business Performance】**
- **Americas Material Solutions**: 
  - Aggregates pricing +8%, cement +4%; Q1 volumes 3% below prior year due to weather.
  - Road solutions revenue +5% YoY, asphalt pricing momentum strong.
  - Backlog volumes and margins ahead of prior year.
- **Americas Building Solutions**: 
  - Building & infrastructure solutions +4% YoY; outdoor living -3% due to delayed spring.
  - Resilient demand in water/energy infrastructure.
- **International Solutions**: 
  - Q1 revenue +7% YoY, EBITDA +22%; margin +70bps to 14.6%.
  - Europe West activity improving, Europe East underpinned by infrastructure funding.

**【CFO Financial Update】**
- Net debt: $12.7B (1.8x trailing EBITDA), cash outflow $700M (seasonal working capital build).
- Capital allocation: $600M acquisitions, $600M capex, $300M share buybacks, $0.37 dividend (+6% YoY).
- 2025 land sales expected at $75M (vs. $237M in 2024).

**【Q&A Highlights】**
- **Macro Risks**: No project cancellations/delays; backlogs positive across markets.
- **Asphalt Business**: Winter fill process executed successfully; expect margin expansion in 2025.
- **Canada**: Integrated business with strong pricing momentum, similar trends to U.S.
- **FX Volatility**: Closely monitored but no material impact on 2025 guidance.
- **M&A Pipeline**: Strong pipeline with $600M+ deals in Q1; 7/8 deals in Q1 were one-on-one negotiations.


CRH (CRH)-6 May 25-2025 Q1 Earnings call transcript

- **Record 2024 Performance**: $35.6B revenue, 12% EBITDA growth, 18% EPS increase; 11th straight year of margin expansion (180bps).
- **2025 Guidance**: $7.3-$7.7B EBITDA, driven by infrastructure funding (only 1/3 of IIJA deployed) and $5B+ M&A pipeline.
- **Margin Momentum**: 180bps margin expansion in 2024; 2025 outlook includes organic growth of $600M+ and continued pricing progress.
- **Strategic Focus**: Higher growth markets (Texas, Florida, California), outdoor living, and critical infrastructure (roads, water, energy).
- **Financial Strength**: $5B operating cash flow, 1.5x net debt/EBITDA, and 6% dividend increase.


**【CEO Summary Section】**
- CRH delivered industry-leading performance in 2024, with $35.6 billion in revenue and 12% adjusted EBITDA growth, driven by pricing, operational excellence, and acquisitions.
- Emphasized the company's customer-connected solutions strategy, which enabled 11th consecutive year of margin expansion (180 basis points) and double-digit profit growth.
- Highlighted strategic focus on higher growth markets (e.g., Texas, Florida) and secular tailwinds in infrastructure, critical manufacturing, and outdoor living.
- 2025 guidance: Adjusted EBITDA of $7.3-$7.7 billion, reflecting confidence in infrastructure funding (e.g., IIJA) and organic/inorganic growth opportunities.

**【CFO Financial Commentary】**
- Full year 2024 results: $6.9 billion adjusted EBITDA (12% YoY), $3.7-$4.1 billion net income, and $5.34-$5.80 EPS.
- Strong cash generation ($5 billion operating cash) supported $5 billion in M&A, $2.6 billion in CapEx, and $3 billion returned to shareholders via dividends and buybacks.
- Net debt of $10.5 billion (1.5x net debt/EBITDA), with a new quarterly dividend of $0.37 per share (6% increase).
- 2025 outlook: Organic growth of $600 million+ from pricing, operational efficiency, and M&A contributions.

**【COO Business Segment Review】**
- **Americas Materials Solutions**: 5% revenue growth, 22% EBITDA growth, driven by pricing (10% in aggregates, 8% in cement) and acquisitions (e.g., Material Assets in Texas).
- **Americas Building Solutions**: Resilient outdoor living demand offset residential new-build weakness; 7% EBITDA growth in International Solutions (Australia, CEE).
- **Capital Allocation**: $5 billion in 40 acquisitions (e.g., BoDean, Geofortis) and $1.1 billion in growth CapEx (e.g., automated manufacturing in NC, quarry modernization in IN).

**【Q&A Highlights】**
- **2025 Outlook**: Volumes in aggregates/cement expected to grow low single digits, pricing mid-to-high single digits; backlogs support margin expansion.
- **M&A Strategy**: Focus on higher growth markets (e.g., California), with 40+ deals per year; synergies from 2024 acquisitions (e.g., Hunter Cement) driving margin improvement.
- **Cost Environment**: Mid-single-digit cost increases offset by pricing and operational excellence; 2025 margin expansion expected.
- **Infrastructure Funding**: Only 1/3 of IIJA highway funds deployed; Texas/Florida state funding ($75B+ over 4 years) provides long-term visibility.
- **Dividend Policy**: Consistent 40+ years of dividend growth; 2025 dividend increase to be announced later.


Actual							0.16	1.88	1.97	1.45	-0.15	1.94	2.21	1.52
Forecast						0.95	-0.0833	1.7891	2.0987	1.4418	-0.078	1.9362	2.1989	1.5198
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+292.08%	+5.08%	-6.13%	+0.57%	-92.31%	+0.20%	+0.50%	+0.01%

Actual	--	--	--	--	--	--	6.53B	9.65B	10.52B	8.87B	6.76B	10.21B	11.07B	9.42B
Forecast	--	--	--	--	--	9.05B	6.39B	10.18B	10.53B	9.00B	6.76B	10.15B	11.14B	9.50B
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+2.31%	-5.15%	-0.12%	-1.43%	-0.08%	+0.54%	-0.63%	-0.91%

CRH

CRH fundamentals

CRH Q4 2025 Earnings

Earnings Call

You can ask Aime

CRH

CRH fundamentals

CRH Q4 2025 Earnings

Earnings Call

CRH Earnings Call Summary for Q4/20259:00 AM on Feb 19, 2026

CRH Earnings Call Summary for Q3/20258:00 AM on Nov 6, 2025

CRH Earnings Call Summary for Q2/20258:00 AM on Aug 7, 2025

CRH Earnings Call Summary for Q1/20258:00 AM on May 6, 2025

CRH Earnings Call Summary for Q4/20248:00 AM on Feb 27, 2025

You can ask Aime