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Dec 31, 2024
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CRH Q4 2024 Earnings Report
CRH reported solid Q4 2024 performance with revenue growth and improved profitability.
Key Takeaways
CRH achieved Q4 2024 revenue of $8.9 billion, a 2% increase year-over-year. Net income rose by 24% to $0.7 billion, with an 8.0% net income margin. Adjusted EBITDA was $1.8 billion, up 12%, supported by pricing improvements and operational efficiencies. EPS reached $1.03, a 4% increase, while pre-impairment EPS stood at $1.45, up 12%.
Q4 revenue reached $8.9 billion, increasing 2% year-over-year.
Net income rose by 24% to $0.7 billion, with an 8.0% margin.
Adjusted EBITDA increased 12% to $1.8 billion.
Basic EPS improved by 4% to $1.03, with pre-impairment EPS at $1.45.
CRH
CRH
CRH Revenue by Segment
Revenue by Segment
Americas Materials Revenue
CapyFin.comAmericas Building Revenue
CapyFin.com Forward Guidance
CRH expects continued growth in 2025, supported by strong demand in infrastructure, non-residential construction, and public investment. Full-year net income is projected between $3.7 billion and $4.1 billion, with Adjusted EBITDA in the range of $7.3 billion to $7.7 billion. EPS is forecasted between $5.34 and $5.80.
Positive Outlook
- Full-year 2025 revenue expected to increase with favorable market conditions.
- Infrastructure investment to drive growth in key markets.
- Continued pricing improvements and operational efficiencies.
- Capital investment in organic growth opportunities to support expansion.
- Strong balance sheet and cash flow to enable shareholder returns.
Challenges Ahead
- Weather-related disruptions may impact construction activity.
- Potential macroeconomic headwinds could slow demand growth.
- Rising interest expenses may affect profitability.
- Residential construction expected to remain subdued.
- Foreign exchange fluctuations could impact revenue growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income