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CRH Solidifying Its Industry Leadership With $2.1b Acquisition
Seeking Alpha· 2025-08-01 18:34
CRH plc (NYSE: CRH ) is laying the groundwork for substantial growth by making major acquisitions year-to-date, significantly expanding its geographical presence and materials supplies. With durable expectations for infrastructure projects through IIJA funding and increasing demand for materialsMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across ind ...
X @Bloomberg
Bloomberg· 2025-07-29 12:02
Building-materials provider CRH is in advanced talks to buy Eco Material for $2.1 billion in what would be a major expansion in the cement-alternatives market in North America https://t.co/soLpkt4GNX ...
CRH (CRH) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2025-07-28 23:01
CRH (CRH) ended the recent trading session at $98.54, demonstrating a -1.52% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.02%. Meanwhile, the Dow experienced a drop of 0.14%, and the technology-dominated Nasdaq saw an increase of 0.33%. The building material company's shares have seen an increase of 9.33% over the last month, not keeping up with the Construction sector's gain of 10.7% and outstripping the S&P 500's gain of 4.93%.The upcomin ...
CRH (CRH) Rises Higher Than Market: Key Facts
ZACKS· 2025-07-22 23:01
In the latest close session, CRH (CRH) was up +1.37% at $95.54. The stock outperformed the S&P 500, which registered a daily gain of 0.06%. On the other hand, the Dow registered a gain of 0.41%, and the technology-centric Nasdaq decreased by 0.39%. Shares of the building material company witnessed a gain of 4.8% over the previous month, trailing the performance of the Construction sector with its gain of 6.08%, and the S&P 500's gain of 5.88%.The upcoming earnings release of CRH will be of great interest to ...
CRH (CRH) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-07-16 23:01
Group 1: Company Performance - CRH closed at $92.88, reflecting a -1.39% change from the previous day, underperforming the S&P 500's gain of 0.32% [1] - Over the past month, CRH shares increased by 4.88%, outperforming the Construction sector's gain of 4.6% and the S&P 500's gain of 4.51% [1] Group 2: Upcoming Financial Results - CRH is set to announce its earnings on August 6, 2025, with an expected EPS of $1.84, a decrease of 0.54% from the prior-year quarter [2] - The consensus estimate for revenue is $10.33 billion, indicating a 6.99% increase compared to the same quarter of the previous year [2] Group 3: Full Year Projections - For the full year, earnings are projected at $5.64 per share and revenue at $38.11 billion, representing changes of +4.64% and +7.14% from the prior year, respectively [3] Group 4: Analyst Estimates and Stock Performance - Recent adjustments to analyst estimates for CRH reflect short-term business trends, with positive revisions indicating analysts' confidence in performance [4] - Estimate alterations are linked to stock price performance, and investors can utilize the Zacks Rank for actionable insights [5] Group 5: Zacks Rank and Valuation - CRH currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 2.06% in the past month [6] - The Forward P/E ratio for CRH is 16.69, which is a discount compared to the industry average of 18.29, and the PEG ratio is 1.46, below the industry average of 1.95 [7] Group 6: Industry Context - The Building Products - Miscellaneous industry, part of the Construction sector, has a Zacks Industry Rank of 68, placing it in the top 28% of over 250 industries [8]
CRH (CRH) Laps the Stock Market: Here's Why
ZACKS· 2025-06-24 23:15
Group 1 - CRH's stock increased by 1.77% to $91.52, outperforming the S&P 500's gain of 1.11% and the Dow's gain of 1.19%, but underperformed compared to the Construction sector which gained 2.35% [1] - The upcoming financial results for CRH are anticipated to show an EPS of $2.07, reflecting an 11.89% increase year-over-year, with revenue expected to be $10.44 billion, indicating an 8.11% growth [2] - For the full year, analysts expect CRH to report earnings of $5.76 per share and revenue of $38.13 billion, representing increases of 6.86% and 7.18% respectively from the previous year [3] Group 2 - Recent changes in analyst estimates for CRH are important as they reflect short-term business trends, with positive revisions indicating confidence in the company's performance [4] - The Zacks Rank system, which incorporates estimate changes, has shown a track record of outperformance, with 1 stocks returning an average of 25% annually since 1988; CRH currently holds a Zacks Rank of 3 (Hold) [5][6] - CRH's Forward P/E ratio is 15.61, which is lower than the industry average of 16.42, suggesting a valuation discount [6] Group 3 - CRH has a PEG ratio of 1.37, which is below the industry average PEG ratio of 1.75, indicating a favorable valuation relative to expected earnings growth [7] - The Building Products - Miscellaneous industry, which includes CRH, is ranked 96 in the Zacks Industry Rank, placing it in the top 40% of over 250 industries, suggesting strong performance potential [8]
CRH (CRH) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-06 00:05
For the quarter ended March 2025, CRH (CRH) reported revenue of $6.76 billion, up 3.4% over the same period last year. EPS came in at -$0.12, compared to -$0.02 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $6.88 billion, representing a surprise of -1.86%. The company delivered an EPS surprise of -50.00%, with the consensus EPS estimate being -$0.08.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...
CRH(CRH) - 2025 Q1 - Quarterly Report
2025-05-05 20:23
Financial Performance - Total revenues for the first quarter of 2025 increased by 3% to $6.8 billion compared to the same period in 2024[100] - Net loss for the first quarter of 2025 was $98 million, a decrease of $212 million from a net income of $114 million in the first quarter of 2024[120] - Adjusted EBITDA for the first quarter of 2025 was $495 million, an increase of $50 million or 11% compared to the first quarter of 2024[100] - The gross profit margin for the first quarter of 2025 was 27.2%, a decrease of 50 basis points from 27.7% in the first quarter of 2024[111] - Selling, general and administrative expenses increased by 3% to $1.8 billion in the first quarter of 2025, primarily due to a 9% increase in labor costs[112] - The effective tax rate for the first quarter of 2025 was 40%, compared to an effective tax rate of (19%) in the first quarter of 2024[117] - Net income for Q1 2025 was $1.485 billion, compared to $1.050 billion for the same period in 2024[170] Revenue Breakdown - The Americas Materials Solutions segment reported total revenues of $2.2 billion, a 2% increase from the first quarter of 2024[124] - Total revenues for Road Solutions increased by 5%, with asphalt volumes up 4% and pricing up 3%[126] - Americas Building Solutions reported total revenues of $1,682 million, a 1% decrease from Q1 2024, with adjusted EBITDA down 7% to $287 million[128] - International Solutions achieved total revenues of $2,831 million, a 7% increase, and adjusted EBITDA rose by 22% to $149 million[132] - Essential Materials saw total revenues increase by 7%, with aggregates and cement volumes up 9% and 11%, respectively[133] - Road Solutions' total revenues were 11% ahead of the comparable period, with readymixed concrete volumes up 22%[134] Cash Flow and Debt - Net cash used in operating activities was $659 million for Q1 2025, a decrease of $53 million compared to Q1 2024[151] - Total short and long-term debt was $15.7 billion at March 31, 2025, up from $12.7 billion a year earlier[148] - Net Debt at March 31, 2025, was $12.7 billion, compared to $9.6 billion at the same time last year[148] - Net cash provided by financing activities was $1.1 billion for Q1 2025, compared to a net cash used of $0.2 billion in Q1 2024[154] - Proceeds from debt issuances in Q1 2025 were $3.0 billion, an increase of $1.2 billion compared to the same period in 2024[154] - Payments on debt in Q1 2025 were $1.5 billion, up from $0.7 billion in Q1 2024[154] - Dividends paid in Q1 2025 were $nil billion, compared to $0.8 billion in Q1 2024[154] - The company has $15.7 billion in short and long-term debt, with $1.4 billion maturing in Q2 2025[162] Investments and Acquisitions - Eight acquisitions were completed in the first quarter of 2025 for a total consideration of $0.6 billion, compared to $2.2 billion in the same period of 2024[101] - The company invested $0.6 billion in acquisitions during Q1 2025, a decrease of $1.6 billion from the same period in 2024[153] Market Outlook - The outlook for 2025 remains positive, with expectations of continued demand driven by public investment in infrastructure and resilient repair and remodel activity[103] Debt Management and Hedging - The company's debt ratings as of March 31, 2025, were BBB+ from S&P and Fitch, and Baa1 from Moody's, all with a stable outlook[161] - As of March 31, 2025, the company had fixed rate debt of $13.9 billion (87%) and floating rate debt of $2.1 billion (13%), compared to $10.8 billion (76%) and $3.5 billion (24%) as of December 31, 2024[181] - The impact of a 100bps increase in interest rates on the variable rate cash and debt portfolio would be approximately $12 million favorable as of March 31, 2025, compared to $2 million favorable at December 31, 2024[182] - The gross notional amount of the company's foreign exchange forward contracts was $3.4 billion at March 31, 2025, down from $4.6 billion at December 31, 2024[184] - A 10% weakening in foreign currency exchange rates versus the U.S. Dollar would increase the fair market value of foreign currency contracts by approximately $24 million as of March 31, 2025[185] - The company manages commodity price risks through negotiated supply contracts and forward contracts to mitigate the impact of price volatility in oil, electricity, coal, and carbon credits[186] - The company has derivative hedging programs in place to neutralize variability arising from changes in commodity indices, with a timeframe of up to four years[187] - The company may enter into foreign exchange forward contracts to hedge against exchange rate fluctuations on cash flows denominated in foreign currencies[184] - The company maintains net debt in the same relative ratio as capital employed to act as an economic hedge against currency asset fluctuations[184] Cash and Liquidity - Cash and cash equivalents at March 31, 2025, were $3.4 billion, compared to $3.8 billion at December 31, 2024[181] - The company's interest rate swaps to convert fixed rate debt to floating rate debt were $1.4 billion as of March 31, 2025, unchanged from previous periods[181] - As of March 31, 2025, the company had a $4.0 billion U.S. Dollar Commercial Paper Program, with $0.1 billion outstanding[159] - The company issued $1.25 billion of 5.125% Senior Notes due 2030 and $1.25 billion of 5.500% Senior Notes due 2035 in January 2025[156]
CRH(CRH) - 2025 Q1 - Quarterly Results
2025-05-05 20:20
Exhibit 99.1 Q1 2025 Results NEW YORK - May 5, 2025 – CRH (NYSE: CRH), a leading provider of building materials solutions, today reported first quarter 2025 financial results. Key Highlights | Summary Financials | Q1 2025 | Change | | --- | --- | --- | | Total revenues | $6.8bn | +3% | | Net (loss) income | ($98m) | 1 n/m | | Net (loss) income margin | (1.5%) | (320bps) | | Adjusted EBITDA* | $495m | +11% | | Adjusted EBITDA margin* | 7.3% | +50bps | | Diluted (loss) earnings per share | ($0.15) | 1 n/m | A ...
CRH (CRH) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2025-04-29 23:05
In the latest trading session, CRH (CRH) closed at $93.46, marking a +0.45% move from the previous day. The stock lagged the S&P 500's daily gain of 0.58%. On the other hand, the Dow registered a gain of 0.75%, and the technology-centric Nasdaq increased by 0.55%.The building material company's shares have seen an increase of 5.76% over the last month, surpassing the Construction sector's loss of 1.18% and the S&P 500's loss of 0.84%.The upcoming earnings release of CRH will be of great interest to investor ...