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]

Company Performance - CRH's stock closed at $102.07, reflecting a -1.23% change from the previous day's closing price, which is less than the S&P 500's daily gain of 0.67% [1] - Over the past month, CRH's stock has increased by 12.6%, outperforming the Construction sector's gain of 1.44% and the S&P 500's gain of 2.07% [1] Upcoming Earnings - CRH is expected to report an EPS of $1.49, representing a 15.5% increase from the same quarter last year [2] - The consensus estimate for CRH's revenue is $9.27 billion, indicating a growth of 6.76% compared to the corresponding quarter of the previous year [2] Analyst Estimates - Recent changes to analyst estimates for CRH reflect evolving short-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3] - The Zacks Rank system, which incorporates these estimate changes, provides a rating system for stock performance [4] Zacks Rank and Valuation - CRH currently holds a Zacks Rank of 3 (Hold), with a 0.5% decline in the Zacks Consensus EPS estimate over the past month [5] - The company is trading at a Forward P/E ratio of 17.15, which is a discount compared to the industry's average Forward P/E of 17.73 [6] - CRH has a PEG ratio of 1.16, while the average PEG ratio for the Building Products - Miscellaneous industry is 1.9 [6] Industry Context - The Building Products - Miscellaneous industry is part of the Construction sector and has a Zacks Industry Rank of 133, placing it in the bottom 48% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Group 1: Company Performance - CRH closed at $98.61, reflecting a +1.3% change from the previous session, outperforming the S&P 500's daily gain of 0.72% [1] - Over the past month, CRH shares gained 3.98%, surpassing the Construction sector's loss of 1.03% and the S&P 500's gain of 1.02% [1] Group 2: Earnings Forecast - Analysts predict CRH will report an EPS of $1.48, indicating a 14.73% growth compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $9.27 billion, up 6.76% from the year-ago period [2] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for CRH reflect favorable short-term business trends, indicating a positive outlook on the company's health and profitability [3] - CRH currently holds a Zacks Rank of 3 (Hold), with a 0.36% rise in the Zacks Consensus EPS estimate over the past month [5] Group 4: Valuation Metrics - CRH has a Forward P/E ratio of 16.09, which is a discount compared to the industry's average Forward P/E of 17.33 [6] - The company has a PEG ratio of 1.06, compared to the average PEG ratio of 1.81 for the Building Products - Miscellaneous industry [7] Group 5: Industry Context - The Building Products - Miscellaneous industry is part of the Construction sector and has a Zacks Industry Rank of 90, placing it in the top 36% of over 250 industries [8]

Company Performance - CRH closed at $99.09, marking a +0.58% move from the prior day, outperforming the S&P 500 which registered a daily loss of 0.47% [1] - Over the last month, CRH's shares have increased by 6.49%, surpassing the Construction sector's gain of 0.6% and the S&P 500's gain of 1.67% [1] Upcoming Earnings - CRH is expected to report EPS of $1.48, reflecting a 14.73% increase from the prior-year quarter [2] - The consensus estimate projects revenue of $9.27 billion, indicating a 6.76% rise from the equivalent quarter last year [2] Analyst Estimates - Recent adjustments to analyst estimates for CRH reflect near-term business trends, with positive revisions indicating analyst optimism regarding the company's business and profitability [3] - Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.38% higher [5] Valuation Metrics - CRH has a Forward P/E ratio of 16.29, indicating a discount compared to its industry's Forward P/E of 18.19 [5] - The PEG ratio for CRH is currently 1.07, while the average PEG ratio for the Building Products - Miscellaneous industry is 1.92 [6] Industry Ranking - The Building Products - Miscellaneous industry, part of the Construction sector, has a Zacks Industry Rank of 174, placing it in the bottom 31% of all industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

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 ...

ATLANTA, Nov. 8, 2024 /PRNewswire/ -- Oldcastle Infrastructure™, a CRH Company, announced today that it has acquired Cook Concrete Products ("Cook Concrete"). Operating in Redding, CA, Cook Concrete is a provider of precast structures primarily used in underground applications in the energy, water, and communications markets in Northern California, Oregon, and Nevada.   "Founded in 1955, Cook Concrete is a trusted partner with a long track record of serving the Northern California market. Adding Cook Concr ...