earnings
confidence high
sentiment positive
materiality 0.90
CRH Reports FY2024 Net Income Up 15% to $3.5B, Adjusted EBITDA Rises 12% to $6.9B
CRH PUBLIC LTD CO
2024-FY EPS reported
$5.02
revenue$35,572,000,000
- FY2024 total revenues $35.6B (+2%), net income $3.5B (+15%), Adjusted EBITDA $6.9B (+12%).
- 11th consecutive year of margin expansion; Adjusted EBITDA margin improved 180bps to 19.5%.
- Invested $5.0B in 40 acquisitions, including $2.1B for Texas cement and readymixed concrete assets.
- Increased quarterly dividend to $0.37 (+6% y/y) and commenced new $0.3B share buyback.
- FY2025 guidance: Net income $3.7B-$4.1B, Adjusted EBITDA $7.3B-$7.7B.