Industry-Leading Financial Performance
CRH reported total full-year revenues of $35.6 billion, a 2% increase from the prior year, with adjusted EBITDA of $6.9 billion, 12% ahead, and a 180 basis points margin expansion. Earnings per share increased by 18%.
Record Acquisition Activity
CRH invested $5 billion in 40 acquisitions, including a significant $2.1 billion investment in Material Assets in Texas and Australia, enhancing growth and synergy opportunities.
Strong Cash Flow and Shareholder Returns
The company generated $5 billion in operating cash and returned $3 billion to shareholders through dividends and share buybacks. Net debt to adjusted EBITDA ratio was maintained at 1.5 times.
Positive Market Outlook
CRH expects continued growth in 2025, with projected adjusted EBITDA between $7.3 billion and $7.7 billion, driven by robust infrastructure funding and non-residential construction.
Continued Margin Expansion
2024 marked the 11th consecutive year of margin improvement with a 900 basis points increase over the last decade.