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CRH plcCRHCompetitor analysis, valuation and peers

United States · USD·Materials›Construction Materials

World's largest building-materials company by revenue, supplying aggregates, cement and asphalt mainly across North America.

Momentum neutral 49
Mkt cap
$63.1B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$512M
20-day average traded
Fwd P/E
16.0×
forward earnings
ROIC−WACC
-0.1 pp
WACC 9.9%
Hurdle
+5 pp
Req g minus delivered
Official | Implied
BBB+ / A-
agencies · bond market
Next earnings
118 days
4 Mar 2027
Close · USD$94.81
1D-0.7%
1W+4.4%
1M+15.8%
3M-5.8%
6M-16.4%
YTD-23.5%
1Y-17.4%
ATR %3.4%
Beta1.23
52w lowhigh27.4% off high

What CRH does

World's largest building-materials company by revenue, supplying aggregates, cement and asphalt mainly across North America.

Sells heavy materials that are costly to ship, so each quarry or plant serves a local market, which is why it owns many regional businesses. North America is the main profit source, with public road budgets a major buyer. It moved its primary listing from London to New York in 2023.

Products and services

  • Aggregates
  • Cement
  • Asphalt & paving
  • Ready-mixed concrete

Customers

  • Highway/infrastructure contractors
  • Residential & commercial builders
  • Government agencies

Where it sits in the supply chain

  • Materials
  • Building materials
  • Aggregates, cement & downstream…

What could go right

  • US infrastructure spending (IIJA)
  • Data-center/reshoring construction demand

What could go wrong

  • Housing-market slowdown
  • Highway funding cuts

Moat: narrow (scale, distribution, regulatory licence). Aggregates quarries are locally licensed and costly to permit near demand centers.

Headquarters: Dublin, Ireland · Founded: 1970 · Employees: 83,032

Named competitors

CRH at a glance

Size CRH (CRH) is a United States Materials company (Construction Materials) with a market value of $63.1B, the 207th largest of 3,117 United States companies the cockpit tracks. Shares closed at $94.81 on 6 Nov 2026.

Performance Over six months the shares fell 16.4%, against -4.6% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 8 in its peer set.

Growth Revenue grew 5.6% over the last twelve months (peer median +3.9%); the operating margin is 14.1% (peer median 15.9%).

Valuation It trades at 16.0× forward earnings against a peer median of 19.5× (3rd cheapest of 8).

Price implies For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +5 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 0.1 points below its cost of capital (9.9% WACC).

Backlog Backlog (remaining performance obligations) was $3.28B at 30 Sep 2026, down 9% on a year earlier — 0.1 years of trailing revenue. Backlog detail →

Credit CRH has 12 bonds outstanding ($9.60B), rated BBB+ by the agencies and trading like A- at a weighted spread of 82 bp.

Short interest Short interest is 2.0% of the free float (15 Oct 2026).

Next results Next results expected around 4 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 96CRH 85
Six months, rebased to 100: CRH against the median of its 7 peers (local-currency closes).

CRH financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$39.0B$37.4B$35.6B$34.9B$32.7B
Revenue growth—+5%+2%+7%—
Gross profit$14.1B$13.5B$12.7B$12.0B$10.8B
EBITDA$7.74B$7.48B$6.72B$6.11B$5.34B
Net income$3.56B$3.73B$3.46B$3.15B$3.90B
Free cash flow$2.62B$2.96B$2.46B$3.24B$2.31B
Capital expenditure$2.63B$2.71B$2.58B$1.82B$1.52B
Total debt$21.6B$19.7B$15.6B$13.1B$11.0B

Quarterly statements and history in the cockpit →

CRH competitor charts

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.

Performance: 6-month against 1-month return

-20%0%+20%+10%+15%+20%+25%HOLNMLMVMCHEIAMRZCXJHXCRH6-month return →1-month return →
Up and to the right = strong over both horizons. CRH is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%10×20×30×HOLNMLMVMCHEIAMRZCXJHXCRHRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. CRH is the large dot.

Capital: growth delivered against growth the price implies

0%+10%+20%0%10%20%HOLNMLMVMCHEIAMRZCXJHXCRHGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. CRH is the large dot.

CRH competitors and peer comparison

Head to head with its named competitors (CRH vs MLM vs VMC vs AMRZ)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
CRH CRH$63.1B-16%+6%14%16.0×11.0%
Martin Marietta Materials MLM$36.8B-12%+9%20%28.8×23.2%
Vulcan Materials VMC$36.3B0%+2%21%29.5×18.7%
Amrize AMRZ$22.9B-21%+4%16%17.2×-0.1%
Holcim HOLN.SW$48.4B-3%-26%16%19.5×1.4%
Heidelberg Materials HEI.DE$34.3B-5%0%15%13.5×4.9%

How CRH compares with its peers

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.

CRH against its 7 peers (data as of 6 Nov 2026)
MeasureCRHPeer medianRank in peer set
1-month return+15.8%+14.7%3rd highest of 8
6-month return-16.4%-4.6%3rd lowest of 8
Distance from 52-week high-27.4%-21.6%3rd lowest of 8
Revenue growth (TTM)+5.6%+3.9%4th highest of 8
Operating margin14.1%15.9%3rd lowest of 8
Forward P/E16.0×19.5×3rd cheapest of 8
Growth the price implies (Req g, 7 yrs)11.0%4.9%4th most demanding of 8
Growth delivered (Del g)+6.3%+4.7%3rd highest of 8
Hurdle (Req g minus delivered)+4.7 pp+8.4 pp4th least demanding of 8
ROIC minus cost of capital-0.1 pp+0.1 pp4th lowest of 8
EV / EBITDA10.5×13.0×4th cheapest of 8
Net debt / EBITDA2.1×2.2×4th least indebted of 8
Bond spread82 bp85 bp2nd tightest of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
CRH CRHUnited States$63.1B-16%+6%14%16.0×11.0%+6.3%
Holcim HOLN.SWSwitzerland$48.4B-3%-26%16%19.5×1.4%-7.4%
Martin Marietta Materials MLMUnited States$36.8B-12%+9%20%28.8×23.2%+5.4%
Vulcan Materials VMCUnited States$36.3B0%+2%21%29.5×18.7%+10.3%
Heidelberg Materials HEI.DEGermany$34.3B-5%0%15%13.5×4.9%+4.0%
Amrize AMRZUnited States$22.9B-21%+4%16%17.2×-0.1%+3.3%
Cemex SAB de CV Sponsored ADR CXUnited States$16.6B-18%+10%13%11.2×4.4%+4.7%
James Hardie Industries JHXUnited States$16.2B+33%+43%14%21.0×26.1%+10.7%

CRH bonds and credit

CRH has 12 bonds outstanding with $9.60B face value. The agencies rate it BBB+; its bonds trade like A-. Weighted yield 5.33%, a spread of 82 bp over government bonds.

Every bond, yield and spread in the cockpit →

CRH backlog

CRH reported $3.28B of remaining performance obligations at 30 Sep 2026, down 9% from a year earlier and up 1% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

Questions

Who are CRH's main competitors?
Named competitors: Martin Marietta Materials (MLM), Vulcan Materials (VMC), Amrize (AMRZ), Holcim (HOLN.SW), Heidelberg Materials (HEI.DE). The cockpit's measured peer set (industry) also includes Holcim (HOLN.SW), Martin Marietta Materials (MLM), Vulcan Materials (VMC), Heidelberg Materials (HEI.DE), Amrize (AMRZ), Cemex SAB de CV Sponsored ADR (CX).
Is CRH expensive compared with its peers?
On forward p/e it trades at 16.0× against a peer median of 19.5×, 3rd cheapest of 8 in its peer set. For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +5 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has CRH stock performed?
Over six months to 6 Nov 2026 the shares returned -16.4% against -4.6% for the median peer; over one year -17.4%.
What is CRH's backlog?
CRH's remaining performance obligations (contracted revenue not yet recognised) were $3.28B at 30 Sep 2026, -9% on a year earlier.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.