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CRH Public (CRH) Q4 FY2024 earnings: revenue $8.9 billion, up 2.1% on the year

CRH Public Ltd. Co. (CRH) reported revenue of $8.9 billion for Q4 FY2024, the quarter ended 31 December 2024, up 2.1% on the same quarter a year earlier. Net income was $703 million, up 0.3% on the year, and diluted earnings per share $1.02. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2025.

Revenue
$8.9 billion
+2.1% on the year · -15.6% on the quarter
Q1 FY2023Q4 FY2024
Operating margin
12.4%
9.0% a year earlier
Q1 FY2023Q4 FY2024
Net income
$703 million
+0.3% on the year · -48.9% on the quarter
Q1 FY2023Q4 FY2024
Diluted EPS
$1.02
+6.3% on the year · -48.2% on the quarter
Q1 FY2023Q4 FY2024

this quarterthe same quarter a year earlierHover a bar for its figure.

Income statement (profit and loss)

$ millionQ4 FY2024Q3 FY2024Q4 FY2023On the quarterOn the yearLast 8 quarters
Revenue8,87010,5158,685-15.6%+2.1%
Cost of revenue5,7106,4565,734-11.6%-0.4%
Gross profit3,1604,0592,951-22.1%+7.1%
Gross margin35.6%38.6%34.0%
Selling, general and administrative1,9332,1841,839-11.5%+5.1%
Operating income1,1041,964783-43.8%+41.0%
Operating margin12.4%18.7%9.0%
Interest expense16016491.0-2.4%+75.8%
Pre-tax income9871,895755-47.9%+30.7%
Income tax143531144-73.1%-0.7%
Effective tax rate14.5%28.0%19.1%
Net income7031,376701-48.9%+0.3%
Net margin7.9%13.1%8.1%
Diluted EPS$1.02$1.97$0.96-48.2%+6.3%
$ million except per share.
Read moreFourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ4 FY2024Q3 FY2024Q4 FY2023On the quarterOn the yearLast 8 quarters
Operating cash flow2,7301,4862,423+83.7%+12.7%
Capital expenditure943505642+86.7%+46.9%
Free cash flow1,7879811,781+82.2%+0.3%
Free cash flow margin20.1%9.3%20.5%
Cash from investing-1,886-1,788-662
Cash from financing-42.0-629-1,283
Depreciation and amortisation510467446+9.2%+14.3%
Share-based compensation29.033.031.0-12.1%-6.5%
Buybacks2583171,036-18.6%-75.1%
Dividend per sharen/a$0.35n/a
Diluted shares, weighted684m686m729m-0.3%-6.2%
Shares outstanding at period end719m721m735m-0.4%-2.2%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ4 FY2024Q3 FY2024Q4 FY2023On the quarterOn the yearLast 8 quarters
Shareholders' equity21,60721,87520,854-1.2%+3.6%
Non-controlling interest859930434-7.6%+97.9%
Redeemable equity384361333+6.4%+15.3%
Debt13,96813,89011,642+0.6%+20.0%
Operating lease liabilities1,0741,1171,125-3.8%-4.5%
Finance lease liabilities19016886.0+13.1%+120.9%
Other liabilities12,53112,88012,995-2.7%-3.6%
Total liabilities and equity50,61351,22147,469-1.2%+6.6%
Fixed assets21,45221,28917,841+0.8%+20.2%
Goodwill11,06110,9069,158+1.4%+20.8%
Intangible assets1,2111,1051,041+9.6%+16.3%
Cash and equivalents3,7202,9786,341+24.9%-41.3%
Inventory4,7554,6444,291+2.4%+10.8%
Other assets8,41410,2998,797-18.3%-4.4%
Total assets50,61351,22147,469-1.2%+6.6%

Questions

What was CRH Public's revenue in Q4 FY2024?

CRH Public (CRH) reported revenue of $8.9 billion for Q4 FY2024, the quarter ended 31 December 2024, up 2.1% on the same quarter a year earlier.

How much did CRH Public earn in Q4 FY2024?

Net income for Q4 FY2024 was $703 million, up 0.3% on the year, and diluted earnings per share $1.02.

When did CRH Public report Q4 FY2024 results?

CRH Public filed its 10-K for the year that ended with the quarter on 26 February 2025; the fourth quarter is the year less the first three.

Quarterly results, the last 15 quarters

Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025 †Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue6,4279,70910,1288,6856,5339,65410,5158,8706,75610,20611,0699,4167,37010,77711,396
Cost of revenue4,8086,0796,3655,7344,7265,9796,4565,7104,9196,1806,7606,0605,3256,4836,975
Gross profit1,6193,6303,7632,9511,8073,6754,0593,1601,8374,0264,3093,3562,0454,2944,421
Gross margin25%37%37%34%28%38%39%36%27%39%39%36%28%40%39%
SG&A1,6222,0351,9901,8391,7871,9482,1841,9331,8332,1202,2981,9922,0572,2672,366
Operating income2.01,6131,78878328.01,8291,9641,10418.01,9352,0811,406-38.02,0791,896
Operating margin0%17%18%9%0%19%19%12%0%19%19%15%-1%19%17%
Interest expense81.073.013191.0133155164160181200209220203220209
Pre-tax income-39.01,5781,72075599.01,7331,895987-1461,7561,9211,274-2242,1631,719
Tax raten/a24%24%19%-19%25%28%14%n/a24%22%19%n/a31%29%
Net income-28.01,1991,3067011161,2971,376703-94.01,3191,5031,025-1761,4861,245
Net margin-0%12%13%8%2%13%13%8%-1%13%14%11%-2%14%11%
Diluted EPS-$0.05$1.62$1.80$0.96$0.16$1.88$1.97$1.02-$0.15$1.94$2.21$1.52-$0.27$2.21$1.86
Operating cash flow-6711,6341,6312,423-7121,4851,4862,730-6591,3781,9912,915-6161,1291,758
Capital expenditure332439404642506624505943645655592821601639585
Free cash flow-1,0031,1951,2271,781-1,2188619811,787-1,3047231,3992,094-1,2174901,173
Buybacks2467131,0721,03655934831725831033428625133227586.0
Shares outstanding752m752m751m735m729m725m721m719m715m712m709m707m704m666m665m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-K for the period ended 31 December 2024, filed 26 February 2025: the filing.