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UK and Ireland building-materials producer of aggregates, cement, asphalt and ready-mixed concrete.
UK and Ireland building-materials producer of aggregates, cement, asphalt and ready-mixed concrete.
Digs aggregates, makes cement, asphalt and ready-mix concrete and sells to builders and road contractors; because heavy materials are costly to haul, each quarry and plant serves a local radius, so pricing depends on local competition and construction activity. It has grown largely by buying smaller regional producers.
In one line: A UK/Ireland Martin Marietta Materials/Vulcan Materials peer.
Moat: narrow (scale, installed base). Owns quarry/cement assets that are difficult and slow to permit or replicate.
Headquarters: Breedon, UK · Founded: 1911 · Employees: 4,800
Size Breedon (BREE.L) is a United Kingdom Materials company (Construction Materials) with a market value of $1.60B, the 183rd largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £342.60 on 6 Nov 2026.
Performance Over six months the shares gained 17.3%, against -13.8% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 4th highest of 20 in its peer set.
Growth Revenue grew 7.9% over the last twelve months (peer median -2.8%); the operating margin is 7.0% (peer median 11.7%).
Valuation It trades at 12.2× forward earnings against a peer median of 13.7× (7th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.1 points below its cost of capital (9.9% WACC).
Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £1.76B | £1.71B | £1.58B | £1.49B | £1.40B |
| Revenue growth | — | +9% | +6% | +7% | — |
| Gross profit | £969M | £928M | £906M | £921M | £479M |
| EBITDA | £270M | £270M | £268M | £241M | £235M |
| Net income | £81.8M | £83.8M | £96.2M | £106M | £112M |
| Free cash flow | £124M | £111M | £73.4M | £86.9M | £62.9M |
| Capital expenditure | £119M | £120M | £131M | £107M | £107M |
| Total debt | n/a | £643M | £475M | £297M | £299M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Breedon BREE.L | $1.60B | +17% | +8% | 7% | 12.2× | 10.1% |
| SigmaRoc SRC.L | $1.95B | +14% | +4% | 15% | 12.1× | 12.4% |
| CRH CRH | $63.1B | -16% | +6% | 14% | 16.0× | 11.0% |
| Heidelberg Materials HEI.DE | $34.3B | -5% | 0% | 15% | 13.5× | 4.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BREE.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +15.7% | -1.3% | 3rd highest of 21 |
| 6-month return | +17.3% | -13.8% | 4th highest of 20 |
| Distance from 52-week high | -6.9% | -35.0% | 2nd highest of 21 |
| Revenue growth (TTM) | +7.9% | -2.8% | 7th highest of 21 |
| Operating margin | 7.0% | 11.7% | 6th lowest of 20 |
| Forward P/E | 12.2× | 13.7× | 7th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 10.1% | 4.9% | 6th most demanding of 16 |
| Growth delivered (Del g) | +13.0% | +3.6% | 3rd highest of 16 |
| Hurdle (Req g minus delivered) | -3.0 pp | -5.0 pp | 7th most demanding of 16 |
| ROIC minus cost of capital | -5.1 pp | -2.3 pp | 3rd lowest of 20 |
| EV / EBITDA | 7.0× | 7.0× | 6th most expensive of 12 |
| Net debt / EBITDA | 2.6× | 1.8× | 4th most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Breedon BREE.L | United Kingdom | $1.60B | +17% | +8% | 7% | 12.2× | 10.1% | +13.0% |
| CCCC Design And Consulting 600720.SS | China | $1.73B | -24% | -10% | 12% | 9.7× | n/a | n/a |
| BBMG 601992.SS | China | $1.86B | -19% | -25% | -4% | n/a | 41.4% | -3.3% |
| Fsilon Furnishing and Construction Materials 605318.SS | China | $1.36B | -29% | -15% | -5% | 3,613.5× | n/a | n/a |
| Gansu Shangfeng Materials 000672.SZ | China | $1.88B | -6% | -23% | 7% | 4.5× | 10.2% | -6.1% |
| BBMG Jidong Cement 000401.SZ | China | $1.35B | -21% | -8% | n/a | n/a | 37.1% | -7.0% |
| Guangdong Tapai 002233.SZ | China | $1.34B | -10% | -11% | 7% | 20.3× | -15.3% | -10.2% |
| SigmaRoc SRC.L | United Kingdom | $1.95B | +14% | +4% | 15% | 12.1× | 12.4% | +52.8% |
| West China Cement 2233.HK | Hong Kong | $1.30B | -29% | -10% | 15% | 11.1× | n/a | n/a |
| Sichuan Hexie Shuangma 000935.SZ | China | $1.98B | -35% | -14% | 15% | 13.8× | n/a | n/a |
| Caltagirone CALT.MI | Italy | $1.26B | +1% | +10% | 10% | n/a | 0.9% | +10.5% |
| YOUNGY 002192.SZ | China | $2.03B | -52% | +315% | 60% | n/a | 4.9% | +16.8% |
| Shandong Fiberglass 605006.SS | China | $1.25B | +10% | +31% | 5% | 64.0× | n/a | n/a |
| Titan America TTAM | United States | $2.08B | -32% | +5% | 15% | 10.5× | 1.0% | +6.9% |
| Cementos Pacasmayo SAA Sponsored ADR CPAC | United States | $1.16B | +20% | +21% | 25% | 22.2× | -9.8% | +9.9% |
| Loma Negra Compania Industrial Argentina SA Sponsored ADR LOMA | United States | $1.12B | -21% | -5% | 9% | 16.6× | 13.6% | +2.9% |
| Mitani Sekisan 5273.T | Japan | $1.12B | +33% | +9% | 18% | n/a | -8.4% | +7.7% |
| Goldsun Building Materials 2504.TW | Taiwan | $1.06B | -14% | -3% | 22% | 8.4× | -7.1% | +3.6% |
| Imerys NK.PA | France | $2.41B | +11% | -2% | 6% | 15.4× | 7.4% | -2.3% |
| Sumitomo Osaka Cement 5232.T | Japan | $969M | +49% | +5% | 7% | 13.7× | 4.6% | -1.3% |
| Cementos Molins CMO.MC | Spain | $2.70B | n/a | +14% | 12% | 13.6× | 8.9% | +12.5% |