Quality Investor

CRH plc

Rank #311Capital Return

CRH · NYSE · Basic Materials

CRH plc (CRH) — Rank #311 by gross profitability (GP/assets 0.23) · ROE 15.6% · Piotroski F-Score 6 / 9.

As-of 2026-09-15 · CIK 0000849395 · all metrics point-in-time as of the filing date.

About

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland, the United States, the United Kingdom, rest of Europe, and internationally.

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It operates through three segments: Americas Materials Solutions, Americas Building Solutions, and International Solutions. The company offers building materials for the construction and maintenance of public infrastructure, and commercial and residential buildings, as well as construction and renovation of transportation infrastructure, critical utility networks, commercial and residential buildings, and outdoor living spaces; paving and construction services; and produces and sells aggregates, cementitious materials, ready mixed concrete and mortars, and asphalt. It also manufactures, supplies, and delivers building products for the built environment in communities in North America; and provides building and infrastructure solutions for complex critical utility infrastructure, such as water, energy, transportation, and telecommunications projects, and outdoor living solutions for private and public spaces. In addition, the company produces and supplies precast and pre-stressed concrete products comprising vaults, pipes, and manholes; and concrete and polymer-based products, such as underground vaults, drainage systems, enclosures, and modular precast structures for applications in transportation, water, energy, and telecommunications markets. Further, it provides crushed stone, sand, and gravel; granite, limestone, and sandstone; fly ash, pozzolans, synthetic gypsum, calcined clay, and ground granulated blast-furnace slags; fencing and railing systems, lawn and garden products, and packaged concrete mixes; and concrete masonry, hardscape and related products, including pavers, blocks and curbs, retaining walls, and slabs.

CRH plc was founded in 1936 and is based in Dublin, Ireland.

Industry
Building Materials
Sector
Basic Materials
State
L2
Filer Category
Large accelerated filer
Fiscal Year End
December 31
Website
crh.com

Price History

CRH+91.3% · +13.9% CAGRSPY+80.5% · +12.5% CAGR

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

$58.43B

P/E (annual)

15.9

P/S (annual)

1.6

P/B

2.4

P/OCF (annual)

10.4

Shareholder Yield

1.8%

Employees

83,032

Industry

Building Materials

Exchange

NYSE

Signal Flags

3 green
Revenue growth acceleratingGrowth rate increasing year over year
Operating leverage expandingOperating income growing faster than revenue
Sequential beat (rev + EPS)Both revenue and EPS exceeded prior quarter — 2-quarter streak

Quality Profile

Profitability

1/1 pass
GP / assets
0.23
Return on equity
15.6%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
1.32
Current ratio
1.58×
Net cash
-$14.90B

Cash Flow

2/3 pass
Positive FCF
PASS
Cash-backed earnings
WARN
Accruals healthy
PASS
SBC / revenue
0.4%

Growth

2/2 pass
Revenue growth
5.3%
Piotroski F-Score
6 / 9
Share dilution
-1.8%

Terry Smith quality gate

Passes 0/5 Terry Smith thresholds

1 of 5 threshold not computable from filed data.

What Growth Is Priced In

Implied revenue growth (10Y)

8.0%

incredible deal

The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).

Buyback tailwind: -1.8% — per-share value needs a total required return of 6.2% once share-count change is priced in.

vs. own 6-year median revenue growth: 6.8%

within its own history

Cost-of-equity sensitivity (implied growth at different discount rates)

r = 8%

3.7%

r = 10% (base)

8.0%

r = 12%

11.7%

Net debt / market cap: 25.1%

Base FCF: $2.9B3Y mean FCF: $2.8B

Valuation History

Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.

P / E

Price / diluted EPS

22.6xExpensive
16.5xmed 20.4x25.4x

P / S

Price / revenue per share

2.3xExpensive
1.8xmed 2.0x2.3x

P / B

Price / book value per share

3.5xExpensive
2.9xmed 3.1x3.5x

P / GP

Price / gross profit per share

6.2xExpensive
5.1xmed 6.0x6.8x

P / FCF

Price / free cash flow per share

29.0xExpensive
19.2xmed 28.3x29.3x

FCF yield, shareholder yield, and buyback activity are the primary reads at this stage.

Profitability

Gross profitability (GP / assets)

0.23

Primary signal (Novy-Marx).

Return on equity

15.6%

Gross margin

36.1%

Revenue growth (YoY)

5.3%

RPO growth (YoY)

-12.3%

Remaining performance obligations growth — RPO > revenue = forward demand building.

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

4.6%

Revenue CAGR (5Y)

Earnings CAGR (3Y)

-0.9%

FCF CAGR (3Y)

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

1.32

Current ratio

1.58×

Quick ratio

0.33×

Net cash

-$14.90B

Cash & equivalents minus total debt.

Cash-flow health

Free cash flow

$2.91B

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

-0.22

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

WARN

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.4%

Stock-based comp intensity.

Piotroski F-Score

F-Score

6 / 9

Fundamental-strength score (0-9).

Lifecycle Phase History

20212025
Capital Return