CRH Plc
CRHCF
Market Cap$73.57B
Close$
Earnings Call Q3 2024
November 7, 2024 - AI Summary
**Strong Financial Performance**: CRH reported a robust Q3 performance with total revenues of $10.5 billion, a 4% increase year-over-year (YOY). Adjusted EBITDA grew by 12% to $2.5 billion, demonstrating the company's resilience despite significant weather disruptions. Earnings per share (EPS) were up 10% YOY, indicating strong profitability.
**Solid Guidance for 2024**: The company reaffirmed its guidance for full-year adjusted EBITDA to be between $6.87 billion and $6.97 billion, expecting another year of double-digit growth. This confidence comes from strong trends across infrastructure spending, with less than 30% of highway funds from the IIJA currently deployed, indicating substantial future revenue potential.
**Strategic Capital Allocation**: CRH has invested $4.6 billion in 35 acquisitions during the year, focusing on high-growth markets like infrastructure and outdoor living. The integration of major acquisitions like material assets in Texas and Australia is progressing well, with identified synergies and positive early performance from these purchases.
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Share Statistics
| Market cap | $73.57 Billion |
|---|---|
| Enterprise Value | $85.00 Billion |
| Dividend Yield | $1.28 (1.20960295475531%) |
| Earnings per Share | $4.39 |
| Beta | 0.91 |
| Outstanding Shares | 685,500,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 22 |
|---|---|
| PEG | 260.48 |
| Price to Sales | 1.05 |
| Price to Book Ratio | 1.73 |
| Enterprise Value to Revenue | 2.43 |
| Enterprise Value to EBIT | 18.03 |
| Enterprise Value to Net Income | 25 |
| Total Debt to Enterprise | 0.17 |
| Debt to Equity | 0.7 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About CRH Plc
CEO: Albert Manifold CRH Plc manufactures and distributes building materials and products for the construction industry. It operates business through the following segments: Europe Heavyside, Lightside, and Distribution; Americas Materials and Products and A...