CRH plc (CRH) Earnings
CRH plc is expected to report next earnings on August 5, 2026 (in NaN days), with a consensus EPS estimate of $2.03. CRH has beaten EPS estimates in 5 of its last 9 reported quarters (average surprise -9.3% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $-0.22 | $-0.27 | -23.5% | $7.4B | +4.3% |
| Nov 5, 2025 | $2.20 | $2.23 | +1.4% | $11.1B | -0.6% |
| Feb 26, 2025 | $1.44 | $1.45 | +0.7% | $8.9B | -1.4% |
| Nov 7, 2024 | $2.10 | $1.77 | -15.7% | $9.4B | -10.6% |
| Aug 8, 2024 | $2.10 | $1.95 | -7.1% | $8.1B | -23.4% |
| May 10, 2024 | $-0.10 | $0.15 | +258.2% | $6.1B | -4.8% |
| Feb 29, 2024 | $2.79 | $3.08 | +10.4% | $18.8B | +0.1% |
| Nov 21, 2023 | — | $0.95 | — | $10.2B | — |
| Sep 30, 2023 | — | $1.72 | — | $9.6B | — |
| Mar 31, 2023 | — | $-0.05 | — | $5.9B | — |
| Aug 25, 2022 | $0.84 | $2.60 | +209.5% | $14.3B | -4.2% |
| Mar 3, 2022 | $1.88 | $2.00 | +6.4% | $14.9B | -8.9% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Strong first quarter performance with growth in revenues, adjusted EBITDA, and margin. - Focus on allocating and reallocating capital for higher growth, with divestment of three non-core businesses for $1.9 billion and investment in nine value accretive acquisitions, including Axios Water. - Ongoing share buyback program with $400 million returned so far and commencing $300 million further tranche. - Board declared 5% increase in quarterly dividend to 39 cents per share. - Underlying demand environment in key markets positive, reaffirming financial guidance for 2026. - Growth algorithm driven by capitalizing on megatrends like transportation, water, and reindustrialization, supported by CRH winning way with key enablers. - Randy Lake walked through performance of each business, Jim Mintern discussed capital allocation activities, Nancy Beezy talked about superior strategy delivering growth and value creation.
Guidance
- Reaffirmed financial guidance for 2026: Assuming normal seasonal weather patterns and no major geopolitical/macroeconomic dislocations, full-year adjusted EBITDA expected to be between $8.1 and $8.5 billion, net income between $3.9 and $4.1 billion, and diluted earnings per share between $5.60 and $6.05. - Guidance reflects strong start to the year, net impact of divestitures and acquisitions, positive demand backdrop, and good backlogs.
Segment performance
America's material solutions: Total revenues 21% ahead of prior year. Essential materials: Revenues 31% ahead, aggregates volumes +14% (mix-adjusted pricing +5%), cement volumes +10% (pricing -1% due to regional variances). Road solutions: Revenues 16% ahead due to growth in asphalt and ready-mix concrete volumes and increased paving activity. America's building solutions: Revenues 4% ahead supported by positive data center and utility infrastructure demand; outdoor living solutions: Revenues 3% behind prior year due to delayed start to season. International solutions: Total revenue growth 5% translated to 32% increase in adjusted EBITDA and 130 basis points of margin expansion. Western Europe supported by infrastructure and reindustrialization demand; Central and Eastern Europe recovering from adverse winter weather; Australia performing well benefiting from positive demand, operational improvements, and synergy delivery from recent acquisitions.
Analyst Q&A
Q: Provide further color on guidance for the year, especially after transactions and underlying assumptions.
A: Jim mentioned strong start in Q1, positive demand backdrop, good backlogs, continued rollout of IIJA and strong state funding. Nancy added about 200 million of net incremental EBITDA contribution from divestments and acquisitions, unchanged from previous guidance.
Q: Thoughts on energy costs and impact on vertically integrated business model and hedging programs.
A: Energy is ~5% of total annual revenues, well-managed hedging policy covering rolling nine-month basis. Teams are proactive in recovering input cost increases, already started mid-year price increases.
Q: Underlying assumptions for ags and cement volume and price.
A: Randy mentioned Q1 off to good start, ag volumes +14%, cement +10%, mixed-adjusted pricing for ag at 5% indicating mid-year single-digit price expectations, low single-digit volume and price improvement expected for full year in americas, low single-digit volume improvement and mid single-digit price improvement in international.
Q: Additional color on year-to-date divestments and future divestitures.
A: Jim said three strategic divestments of non-core businesses for $1.9 billion, recycling proceeds into faster growing and connected platforms, expecting continued portfolio optimization to maximize shareholder value.
Q: View on next reauthorization of IIJA.
A: Randy said positive conversations, bipartisan support, expectation of step-up in investment, likely bill passed in second half of year, continuing resolution not expected to disrupt significantly as coming off peak investment levels.
Q: Update on general cost environment and Winterfell program.
A: Colin was told inflation and other costs beyond energy are present, expecting mid single-digit inflation in 2026, Winterfell program well executed, giving procurement advantages and security of supply, well positioned for strong year in roads business.
Q: Further clarification on acquisitions year to date and pipeline.
A: Jim said nine acquisitions announced for $900 million spread across four connected platforms, Axios fit with water infrastructure business, strong pipeline with significant optionality for capital deployment, looking to maximize shareholder value with $40 billion financial capacity over next five years to deploy across growth platforms.