CRH PUBLIC LTD CO (CRH) Form 8-K — Oct 29, 2026
CRH reported Q3 2026 revenues of $11.4 billion, up 3% year-over-year, but net income fell 22% to $1.2 billion, driven primarily by a $178 million impairment in the Philippines reporting unit. Diluted EPS of $1.86 was down 16%, while Adjusted EBITDA held flat at $2.7 billion. CRH cut its full-year 2026 guidance, now expecting net income of $3.1-$3.3 billion (from $3.9-$4.1 billion) and Adjusted EBITDA of $7.8-$8.0 billion (from $8.1-$8.5 billion), citing the Arcosa deal timing, cost inflation, and a weak residential market. The company also completed the $8.5 billion Arcosa acquisition on October 23, funded partly with $2.5 billion term loan and $3.3 billion bridge facilities.
Key figures
- Eps
- 1.86
- Revenue
- 11396000000
- Guidance
- FY26 net income $3.1B-$3.3B (prior $3.9B-$4.1B); Adjusted EBITDA $7.8B-$8.0B (prior $8.1B-$8.5B); Diluted EPS $4.63-$4.85 (prior $5.60-$6.05); Adjusted Diluted EPS $5.37-$5.59
- Net Income
- 1184000000
- Total Debt
- 19624000000
- Revenue Yoy
- +3%
- Total Assets
- 61347000000
- Cash Position
- 5108000000
- Shares Outstanding
- 665,097,488 outstanding as of September 30, 2026
- Net debt
- $15.0 billion
- 9m revenue
- $29.5 billion, +5%
- 9m net income
- $2.5 billion, -9%
- Q3 adjusted ebitda
- $2.7 billion (in line YoY)
- Quarterly dividend
- $0.39 per share, +5% YoY
- New buyback program
- up to $6 billion, expiring end of 2030
- Loss on impairments q3
- $178 million (Philippines reporting unit)
- Velocity program costs
- approximately $400 million total; $49 million recognized to date
- Arcosa enterprise value
- approximately $8.5 billion at $150.00 per share cash
- Adjusted ebitda margin q3
- 23.5% (Q3 2025: 24.3%)
- Velocity run rate benefits
- approximately $400 million annually by end of 2028
- Diluted eps pre impairment q3
- $2.09 (-8%)
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.