CRH plc (CRH) FY2024 10-K Annual Report

Filed: Feb 26, 2025
Materials
Cement, HydraulicSEC EDGAR

CRH plc (CRH) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 26, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

CRH plc FY2024 10-K Analysis

Management Discussion & Analysis

  • Revenue not explicitly stated; income from continuing operations $3,521M in 2024 vs $3,072M in 2023, up $449M
  • Basic EPS pre-impairment $5.48 in 2024 vs $4.65 in 2023, operating margin details not disclosed
  • No segment revenue or profit breakdown provided to determine best/worst performing segments
  • Total debt increased to $14.0B in 2024 from $11.6B in 2023; issued $1.5B Senior Notes and $750M term loan, repaid €600M notes
  • Management expects sufficient liquidity from operating cash flows, credit lines, and debt/equity issuance for capex, dividends, buybacks, and acquisitions

Risk Factors

  • Regulatory risk from EU funding policies affecting infrastructure projects, critical for 2025 demand in International operations
  • Geopolitical/macro risk: US infrastructure funding critical, with Americas acquisitions focused on Texas assets totaling $2.1B
  • Operational risk: dependence on integration and synergies from 40 acquisitions totaling $5.0B in 2024, largest in Americas Materials Solutions
  • Competitive risk: Hydro International acquisition targets wastewater solutions in North America and Europe, facing sector competition
  • Financial risk: Total debt $14.0B vs cash $3.8B, net debt $10.5B, requiring balance sheet flexibility for acquisitions and capital returns

CRH plc FY2024 Key Financial Metrics
XBRL

Revenue

$35.6B

+1.8% YoY

Net Income

$3.5B

+9.9% YoY

Gross Margin

35.7%

+148bp YoY

Operating Margin

13.8%

+187bp YoY

Net Margin

9.8%

+72bp YoY

ROE

16.2%

+92bp YoY

Total Assets

$50.6B

+6.6% YoY

EPS (Diluted)

$5.02

+15.9% YoY

Operating Cash Flow

$5.0B

-0.6% YoY

Source: XBRL data from CRH plc FY2024 10-K filing on SEC EDGAR. All figures in USD.

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