Revenue Breakdown - In 2024, approximately 35% of revenues came from infrastructure, 30% from non-residential construction, and 35% from residential construction[20] - The Americas Materials Solutions segment accounted for approximately 45% of CRH's total revenues and 54% of Adjusted EBITDA in 2024[37] - In 2024, the Americas Building Solutions segment accounted for approximately 20% of CRH's total revenues and 20% of Adjusted EBITDA, with 65% of segment revenues from residential sales[42] - The International Division accounted for approximately 35% of CRH's total revenues and 26% of Adjusted EBITDA in 2024, with 35% of segment revenues from infrastructure projects[45] Acquisitions and Investments - CRH completed 40 acquisitions for a total consideration of $5.0 billion in 2024, compared to $0.7 billion in 2023[22] - The largest acquisition in 2024 was in the Americas Materials Solutions segment, involving cement and readymixed concrete operations in Texas[22] - CRH's investment in innovation includes a $250 million Venturing and Innovation Fund to support new technologies and solutions[31] - The company is investing $250 million in its Venturing and Innovation Fund to support the development of new technologies and innovative solutions[31] - CRH has established a $250 million Venturing and Innovation Fund to support the development of new technologies and innovative solutions[79] Sustainability and Environmental Impact - Revenues from products with enhanced sustainability attributes reached $14.6 billion in 2024, an increase of 5% compared to 2023 and 16% compared to 2022[32] - CRH's absolute carbon emissions decreased by 4% from 31.0 million tonnes in 2023 to 29.7 million tonnes in 2024, while cement-specific net CO2 emissions per tonne reduced to 537kg[62] - In 2024, CRH recycled 44.7 million tonnes of by-products and wastes for use as alternative materials and fuels, up from 43.9 million tonnes in 2023[62] - CRH aims for a 30% reduction in absolute carbon dioxide emissions by 2030 from a 2021 base year, with a validated target in line with a 1.5°C trajectory[62] - The company is committed to a sustainable and resilient supply chain, actively monitoring its resilience to ensure access to required inputs[65] Operational Performance - Approximately 72% of net income and 74% of Adjusted EBITDA were generated in North America in 2024[21] - Annualized aggregates sales volumes in 2024 were 229.8 million tons for the Americas Division and 143.1 million tons for the International Division[47] - Annualized cement sales volumes in 2024 were 13.9 million tons for the Americas Division and 35.7 million tons for the International Division[48] - Annualized readymixed concrete sales volumes in 2024 were 17.4 million cubic yards for the Americas Division and 21.1 million cubic yards for the International Division[48] - Annualized asphalt sales volumes in 2024 were 52.2 million tons for the Americas Division and 10.0 million tons for the International Division[49] Workforce and Safety - The company employs approximately 79,800 people across 3,816 locations in 28 countries, with 47,400 in the Americas Division and 32,400 in the International Division[72] - In 2024, CRH achieved a lost time incident rate of 0.22, with 94% of locations reporting zero accidents[74] - The company employs approximately 47,400 people at 2,008 locations across the United States and Canada[36] Strategic Focus - CRH's strategy focuses on integrating building materials, products, and services to provide complete solutions for construction challenges[24] - The company continues to expand its North American and International operations to meet increasing demand for customer-connected solutions[21] - CRH prioritizes investment in markets with attractive fundamentals, driving demand for construction amid strong competition in fragmented markets[67] - The company operates in 28 countries, with significant market leadership in North America, Europe, and Australia[21] - The company is focused on research initiatives including hydrogen use, carbon mineralization projects, and Carbon Capture Usage and Storage (CCUS)[79]

Financial Performance - Total revenues for Q4 2024 were $8.9 billion, a 2% increase from Q4 2023, while full year revenues reached $35.6 billion, also up 2% year-over-year[3][8] - Net income for Q4 2024 was $0.7 billion, a 24% increase compared to Q4 2023, with full year net income at $3.5 billion, reflecting a 15% growth[3][8] - Adjusted EBITDA for Q4 2024 was $1.8 billion, a 12% increase year-over-year, with full year Adjusted EBITDA at $6.9 billion, also up 12%[3][8] - Basic earnings per share rose by 16% to $5.06, driven by improved operating performance and higher gains from asset disposals[52] - Net income for the year 2024 was $3,521 million, representing a 14.6% increase compared to $3,072 million in 2023[67] - Adjusted EBITDA for the year 2024 was $6,930 million, up 12.2% from $6,176 million in 2023[74] - Operating income for 2024 increased to $4,925 million from $4,186 million in 2023, reflecting a growth of 17.7%[80] - The company reported a net income margin of 9.9% for the year 2024, up from 8.8% in 2023[74] Acquisitions and Investments - The company completed 40 acquisitions in 2024 for a total consideration of $5.0 billion, significantly higher than $0.7 billion in 2023[9][10] - The largest acquisition in 2024 was a $2.1 billion purchase of cement and readymixed concrete assets in Texas[10] Future Outlook - For FY 2025, the company expects net income between $3.7 billion and $4.1 billion, and Adjusted EBITDA between $7.3 billion and $7.7 billion[5][23] - Positive underlying demand is anticipated in 2025, supported by significant public investment in infrastructure and ongoing re-industrialization activities[19][20] - The company plans to host a conference call on February 27, 2025, to discuss 2024 results and the outlook for 2025[57] Shareholder Returns - The company plans to increase its quarterly dividend to $0.37 per share, a 6% year-over-year increase, and has initiated a new $0.3 billion share buyback program[5][16][17] Segment Performance - The Americas Materials Solutions segment reported total revenues of $16.2 billion for FY 2024, a 5% increase from the previous year, driven by price increases and acquisitions[29] - Total revenues for Essential Materials increased by 5% year-over-year, driven by aggregates and cement pricing, which rose by 10% and 8%, respectively[30] - Adjusted EBITDA for Americas Materials Solutions reached $3.7 billion, 22% higher than the previous year, with an 18% organic growth[32] - Americas Building Solutions reported total revenues of $7,059 million for 2024, a 1% increase from 2023, while organic revenues were 2% lower[36] - Adjusted EBITDA for Americas Building Solutions was $1,389 million, a 4% decrease from 2023, with a margin of 19.7%[36] - International Solutions' total revenues for 2024 were $12,340 million, a 1% decline from the prior year, with organic revenues down by 4%[44] - Adjusted EBITDA for International Solutions increased by 7% to $1,796 million, with an adjusted EBITDA margin of 14.6%[44] Debt and Cash Flow - Total debt increased to $14.0 billion by the end of 2024, up from $11.6 billion in 2023, reflecting acquisitions and cash returns to shareholders[54] - Net cash provided by operating activities remained stable at $5.0 billion, consistent with the previous year[53] - Cash and cash equivalents decreased to $3,720 million at the end of 2024, down from $6,341 million at the end of 2023[66] - Long-term debt increased to $10,969 million in 2024, compared to $9,776 million in 2023[66] - Net Debt rose significantly to $10,532 million in 2024, compared to $5,406 million in 2023, highlighting increased leverage[84] Asset Management - Segment assets increased to $45,534 million in 2024 from $38,868 million in 2023, a rise of 17.2%[80] - Total assets reported in the Consolidated Balance Sheets increased to $50,613 million in 2024 from $47,469 million in 2023[80] - Average net assets for 2024 were $32,865 million, up from $29,706 million in 2023, reflecting a growth of 7.3%[80] Sustainability Initiatives - The company is committed to reducing absolute carbon emissions by 30% by 2030, focusing on innovative solutions and sustainability[18] Impairments - The company incurred a loss on impairments of $161 million for the year 2024, consistent with the previous year[67] - The total impairment loss for 2024 was $161 million, compared to $357 million in 2023, indicating a reduction in impairment charges[80]

CRH (CRH) ended the recent trading session at $102.07, demonstrating a -1.23% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.67%. On the other hand, the Dow registered a gain of 0.38%, and the technology-centric Nasdaq increased by 0.98%.The building material company's stock has climbed by 12.6% in the past month, exceeding the Construction sector's gain of 1.44% and the S&P 500's gain of 2.07%.The upcoming earnings release of CRH will be of grea ...

CRH (CRH) closed the latest trading day at $98.61, indicating a +1.3% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily gain of 0.72%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.35%.Prior to today's trading, shares of the building material company had gained 3.98% over the past month. This has outpaced the Construction sector's loss of 1.03% and the S&P 500's gain of 1.02% in that time.Analysts and investors alike will be keeping a clos ...

CRH (CRH) closed at $99.09 in the latest trading session, marking a +0.58% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.47%. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw a decrease of 0.51%.The building material company's shares have seen an increase of 6.49% over the last month, surpassing the Construction sector's gain of 0.6% and the S&P 500's gain of 1.67%.Analysts and investors alike will be keeping a close ey ...

Company Performance - CRH's stock closed at $98.52, reflecting a -0.51% change from the previous day, underperforming the S&P 500's 0.92% gain [1] - Over the last month, CRH's shares increased by 7.11%, outperforming the Construction sector's gain of 1.46% and the S&P 500's gain of 0.81% [1] Financial Projections - CRH's upcoming earnings per share (EPS) are projected to be $1.48, indicating a 14.73% increase from the same quarter last year [2] - Revenue is forecasted to be $9.27 billion, reflecting a 6.76% growth compared to the corresponding quarter of the prior year [2] Analyst Sentiment - Recent shifts in analyst projections for CRH should be monitored, as positive estimate revisions indicate analyst optimism regarding the company's business and profitability [3] - The Zacks Rank system, which incorporates estimate changes, provides an actionable rating system for investors [4] Valuation Metrics - CRH has a Forward P/E ratio of 16.37, which is lower than the industry average of 18.52, suggesting that CRH is trading at a discount [6] - The company holds a PEG ratio of 1.08, compared to the industry average PEG ratio of 1.96, indicating a favorable growth expectation relative to its valuation [7] Industry Context - The Building Products - Miscellaneous industry, which includes CRH, has a Zacks Industry Rank of 178, placing it in the bottom 30% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

The latest trading session saw CRH (CRH) ending at $100.33, denoting a +1.05% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.61% for the day. Elsewhere, the Dow saw an upswing of 0.3%, while the tech-heavy Nasdaq appreciated by 1.28%.The building material company's shares have seen an increase of 4.79% over the last month, surpassing the Construction sector's gain of 4.32% and the S&P 500's gain of 2.08%.Investors will be eagerly watching for the performan ...

CRH plc (NYSE: CRH ) is recovering better than its peers in today's recovery from supply chain disruptions caused by COVID-19. Aside from consistently expanding their market presence, CRH's operational efficiency also improved, better than their pre-pandemic performance. Another catalystHi there! I am an equity research analyst by profession but a trader by heart, with a background in accounting. I try my best to be a responsible investor, guided by my expertise in fundamental and technical analysis. I enjo ...

CRH plc (CRH) acquired Dutra Materials in San Rafael, CA, expanding its America’s Materials Solutions business in the Western United States. This deal brings additional strategic aggregate reserves and asphalt production capabilities, helping CRH better serve the northern California construction market.The California construction market is one of the largest in the United States, presenting CRH with significant growth opportunities. Following its entry into California earlier this year through the acquisiti ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...