CRH Reports Third Quarter 2026 Results
•Resilient Q3 performance despite a challenging cost environment and subdued residential activity •Expect FY26 Net Income of $3.1B-$3.3B and Adjusted EBITDA* of $7.8B-$8.0B •Announcing new share buyback program of up to $6B expiring at the end of 2030 •$8.5B Arcosa acquisition completed; further $1.9B invested in 27 value-accretive acquisitions YTD •Introducing Velocity: evolving CRH's operating model to drive structurally higher margins; expect $400M annual run-rate benefits by end of 2028 •2027 outlook positive across key end-markets; underpinned by our superior strategy and connected portfolio
NEW YORK (Oct. 29, 2026) – CRH (NYSE: CRH), the leading provider of building materials, today reported third quarter 2026 financial results. Total revenues of $11.4 billion (Q3 2025: $11.1 billion) were 3% ahead of the prior year driven by positive pricing momentum, resilient underlying demand, and contributions from acquisitions. Net income of $1.2 billion (Q3 2025: $1.5 billion) was lower than the prior year, primarily impacted by Loss on impairments. Adjusted EBITDA* of $2.7 billion was in line with the prior year period (Q3 2025: $2.7 billion), as disciplined commercial execution, performance improvement initiatives and contributions from acquisitions were offset by cost inflation, subdued residential activity and the impact of divestitures. CRH’s net income margin of 10.4% (Q3 2025: 13.7%) and Adjusted EBITDA margin* of 23.5% (Q3 2025: 24.3%) were behind the prior year. 1
Jim Mintern, CEO, stated “Against a challenging and volatile inflationary cost backdrop our teams delivered a resilient Q3 performance reflecting disciplined commercial execution, performance improvement initiatives and positive underlying demand in key end-markets. We completed the acquisition of Arcosa, reinforcing our position as the leading aggregates and critical infrastructure player in North America. Backed by our significant cash generation capabilities and robust balance sheet, we are announcing a $6 billion share buyback program to run to the end of 2030. In addition, with Velocity we are fast-tracking the strategy that we laid out at our Investor Day in 2025. By simplifying our operating model, leveraging technology and data more effectively, and increasing agility across the organization, CRH will execute with greater speed and efficiency, raising our ambitions and accelerating the delivery of our expanded margins.”
Summary Financials Q3 2026 YoY Change 9M 2026 YoY Change Total revenues $11.4bn +3% $29.5bn +5% Net income $1.2bn -22% $2.5bn -9% Net income margin 10.4% -330bps 8.5% -130bps Adjusted EBITDA* $2.7bn – $5.9bn +4% Adjusted EBITDA margin* 23.5% -80bps 20.0% -20bps Diluted Earnings Per Share $1.86 -16% $3.79 -5% Diluted Earnings Per Share $2.09 -8% $4.09 +1% pre-impairment*
1 *Represents a non-GAAP financial measure. See 'Non-GAAP Reconciliation and Supplementary Information' on pages 12 to 14.
Three months ended September 30, 2026 Americas Materials Solutions' Total revenues were 6% ahead of the third quarter of 2025, driven by positive pricing in aggregates and asphalt, strong demand from major projects and contributions from acquisitions. Adjusted EBITDA increased by 1% year-over-year, reflecting disciplined cost management and contributions from acquisitions offsetting the impact of divestitures and cost inflation.
Americas Building Solutions' Total revenues decreased 3% compared to the third quarter of 2025, as strong performance in utility infrastructure, data center activity and contributions from acquisitions were offset by subdued residential demand and the impact of divestitures. Adjusted EBITDA declined 18% year-over- year, reflecting the non-recurrence of the prior year gain on the disposal of certain land assets and higher cost inflation.
International Solutions' Total revenues were 1% ahead of the third quarter of 2025, as positive pricing momentum, increased activity levels in certain markets and contributions from acquisitions offset the impact of divestitures. Adjusted EBITDA was 6% ahead of the prior year, driven by strong pricing, operational excellence initiatives and contributions from acquisitions.
Please refer to Appendix 1 on pages 6 to 7 for detailed business segment information for the three months ended September 30, 2026. Velocity During the third quarter of 2026, CRH launched Velocity, a transformation initiative focused on delivering an enhanced scalable operating model that will support ongoing strategy execution. Velocity will underpin growth objectives while enhancing operational efficiency thereby delivering a structurally higher margin business. The program will simplify organizational structures and processes, optimize process technology, the use of Artificial Intelligence and data, supporting accelerated decision-making and deployment of best practices.
By end of 2028, the two-year program is expected to deliver annual run-rate benefits of approximately $400 million. Velocity is expected to result in total non-routine costs of approximately $400 million including costs associated with process redesign, technology implementation and organizational optimization. Since inception of the program through to the end of the third quarter 2026, CRH has recognized non-routine transformation-related program costs of $49 million. Acquisitions and Divestitures CRH has a proven track record of allocating capital into high-growth connected businesses that maximize value for shareholders. In the three months ended September 30, 2026, CRH completed nine acquisitions for a total consideration of $0.5 billion, compared with $2.5 billion in the same period of 2025. Americas Materials Solutions completed four acquisitions, Americas Building Solutions completed two acquisitions and International Solutions completed three acquisitions.
On October 23, 2026, CRH completed its acquisition of Arcosa, Inc. ('Arcosa'), a leading U.S. provider of aggregates and critical infrastructure products. Under the terms of the merger agreement, Arcosa stockholders received $150.00 per share in cash, for a total enterprise value of approximately $8.5 billion (the ‘Arcosa Acquisition’). CRH financed the transaction with proceeds from borrowings under a $2.5 billion term loan facility, a $3.3 billion bridge facility and cash on hand. The acquisition of Arcosa advances the Company’s connected portfolio strategy, reinforces CRH’s position as the leader in U.S. aggregates, and increases exposure to some of the fastest-growing Metropolitan Statistical Areas in the United States. In addition, the Engineered Structures business has a strong market position, supported by infrastructure megatrends, and is well positioned to benefit from significant investment in grid modernization, electrification, and data center construction. In the three months ended September 30, 2026, CRH also realized proceeds from divestitures and disposals of long-lived assets of $0.1 billion, net of disposal costs and deferred proceeds, in line with the same period in 2025. Dividends and Share Buybacks
In line with its policy of consistent long-term dividend growth, on October 29, 2026, CRH announced a quarterly dividend of $0.39 per share, representing a 5% increase on the prior year. The dividend will be paid on December 9, 2026, to shareholders registered at the close of business on November 13, 2026.
During the third quarter of 2026, CRH repurchased approximately 0.8 million Ordinary Shares for $0.1 billion, bringing its repurchases to $0.7 billion through the third quarter of 2026, compared with $0.9 billion in the first nine months of the prior year.
CRH today announced that its Board of Directors has authorized a new share buyback program of up to $6 billion, expiring at the end of 2030. This new authorization reflects the Company's significant financial capacity backed by its robust balance sheet and the strength of its cash-generating capabilities. Repurchases may be made from time to time in open-market transactions (including pursuant to Rule 10b-18 under the Securities Exchange Act of 1934, as amended, and through plans adopted under Rule 10b5-1), privately negotiated transactions, accelerated share repurchases or other structured or derivative transactions, tender offers, or by other means, in accordance with applicable securities laws and Irish law. The timing, manner, price, amount and continuation of any repurchases will be determined by management in its discretion based on the Company’s share price, market and business conditions, capital allocation priorities, applicable legal requirements and other factors. CRH Q3 2026 Results 2
Depreciation, depletion and amortization charges of $555 million were $6 million lower than the prior year (Q3 2025: $561 million).
Loss on impairments was $178 million (Q3 2025: $40 million), related to the Philippines reporting unit within International Solutions.
Interest income of $22 million was lower than the comparable period (Q3 2025: $37 million), primarily due to lower average cash on deposit. Interest expense was $209 million, in line with Q3 2025.
Income tax expense of $494 million (Q3 2025: $428 million) was higher than the prior year, reflecting a higher effective tax rate, primarily due to higher Loss on impairments in the period and the movement in uncertain tax positions in the prior year.
Other nonoperating income, net, was $10 million, compared with $12 million in Q3 2025.
Diluted Earnings Per Share (EPS) of $1.86 was lower than the prior year (Q3 2025: $2.21) primarily due to Loss on impairments, Loss from equity method investments, higher Income tax expense and transformation-related costs. Diluted EPS pre-impairment* of $2.09 was also lower than the prior year (Q3 2025: $2.27).
Total short and long-term debt was $19.6 billion at September 30, 2026, compared with $17.7 billion at December 31, 2025.
Net Debt* at September 30, 2026, was $15.0 billion, compared with $14.2 billion at December 31, 2025. The increase in Net Debt* reflects purchases of property, plant and equipment, acquisitions, as well as cash returns to shareholders through dividends and share buybacks, partially offset by inflows from operating activities and proceeds from divestitures. CRH ended Q3 2026 with $5.1 billion of cash and cash equivalents and restricted cash on hand (September 30, 2025: $4.3 billion).
As of September 30, 2026, the Company had $4.5 billion of undrawn committed facilities available for use for general corporate purposes, which were available until May 2030. As of September 30, 2026, and in connection with the Arcosa Acquisition, the Company had entered into a bridge facility agreement with commitments of $3.3 billion and a $2.5 billion term loan facility. CRH remains committed to maintaining its robust balance sheet and expects to maintain a strong investment-grade credit rating.
Reflecting our third quarter performance and updated expectations for the fourth quarter, we are revising our full year 2026 guidance to reflect the earlier than anticipated completion of the Arcosa Acquisition, the inflationary cost backdrop and a more challenging residential construction market. Notwithstanding the volatile cost environment, we continue to expect favorable underlying demand across our key end-markets, underpinned by significant public investment in infrastructure and continued reindustrialization activity. We expect the residential end-market to remain weak in the near-term. Assuming normal seasonal weather patterns and absent any further major dislocations in the geopolitical or macroeconomic environment, CRH's superior strategy, connected portfolio and leading positions of scale in attractive high-growth markets, together with our strong and flexible balance sheet, are expected to underpin another year of growth and value creation in 2026 and beyond.
2026 Guidance (i) Updated Guidance Previous Guidance (in $ billions, except per share Low High Low High data) Net income (ii) 3.1 3.3 3.9 4.1 Adjusted EBITDA* 7.8 8.0 8.1 8.5 Diluted EPS (ii) $4.63 $4.85 $5.60 $6.05 Adjusted Diluted $5.37 $5.59 – – EPS* (iii) Capital 2.6 2.8 2.7 2.9 expenditure (i) The 2026 guidance includes the expected fourth quarter contribution from the recent acquisition of Arcosa as well as expected fourth quarter Velocity transformation-r… costs. It does not assume any further significant one-off or non-recurring items, including the impact of further potential changes to global trade policies, further impairments or divestitures or other unforeseen events. (ii) 2026 Net income and Diluted EPS are based on approximately $0.8 billion of interest expense, net, an effective tax rate of approximately 27% and a year-to-date average of approximately 670.5 million diluted Common Shares outstanding.
Q3 2026 Conference Call CRH will host a conference call and webcast presentation at 8:00 a.m. (EDT) on Thursday, October 29, 2026, to discuss its Q3 2026 results and outlook. Registration details are available on www.crh.com/investors . Upon registration, a link to join the call and dial-in details will be made available. The accompanying investor presentation will be available on the investor section of the CRH website in advance of the conference call, and a recording of the conference call will be made available afterwards.
CRH is the leading provider of building materials critical to modernizing infrastructure. With our team of 83,000 people across 4,000 locations, our unmatched scale, connected portfolio, and deep local relationships make us the partner of choice for transportation, water, and reindustrialization projects, shaping communities for a better tomorrow. CRH (NYSE: CRH) is a member of the S&P 500 Index. For more information, visit www.crh.com . CRH Q3 2026 Results 4
Americas Materials Solutions' Total revenues were 6% ahead of the third quarter of 2025, driven by higher pricing across aggregates and asphalt, strong demand from major projects and contributions from acquisitions.
In Essential Materials, Total revenues increased by 19%, reflecting higher aggregates pricing and the contribution from the 2025 acquisition of Eco Material Technologies. Aggregates volumes increased by 2% and pricing increased by 5%, while cement volumes were in line with the prior year period and pricing was 2% behind, reflecting weakness in residential demand and the impact of geographic mix-effects.
In Road Solutions, Total revenues were 2% ahead of the prior year period. Asphalt volumes declined 2%, impacted by adverse weather and divestitures, while pricing increased by 7%. Ready mix concrete volumes increased by 2%, supported by project demand and acquisitions, with pricing up 3% over the same period. Paving and construction revenues were 1% behind the prior year period, as contributions from acquisitions were offset by adverse weather.
Adjusted EBITDA for Americas Materials Solutions was 1% ahead of the third quarter of 2025, supported by positive pricing momentum, disciplined cost management and contributions from acquisitions, offsetting the impact of divestitures and cost inflation. Adjusted EBITDA margin was 130bps lower than the third quarter of 2025. Americas Building Solutions
Americas Building Solutions' Total revenues were 3% behind the third quarter of 2025, as strong utility infrastructure, data center activity and contributions from acquisitions were offset by the impact of divestitures and subdued residential demand.
In Building & Infrastructure Solutions, Total revenues were 16% ahead of the third quarter of 2025, reflecting higher demand in energy and water infrastructure markets, together with the contribution from the Axius Water acquisition.
In Outdoor Living Solutions, Total revenues were 15% lower than the prior year period, reflecting the impact of divestitures and subdued residential demand.
Americas Building Solutions' Adjusted EBITDA was 18% behind the third quarter of 2025, primarily due to the non-recurrence of the prior year gain on the disposal of certain land assets and cost inflation, partially offset by performance improvement initiatives. Adjusted EBITDA margin was 390bps behind the third quarter of 2025. CRH Q3 2026 Results 6
International Solutions' Total revenues were 1% ahead of the third quarter of 2025, as positive pricing momentum, increased activity levels in certain markets and contributions from acquisitions offset the impact of divestitures.
In Essential Materials, Total revenues were 9% ahead of the third quarter of 2025, supported by continued pricing progress, increased activity in certain markets and contributions from acquisitions. Aggregates and Cement volumes were 9% and 1% ahead of the comparable period in 2025, respectively. Aggregates and Cement pricing was also ahead by 5% and 6%, respectively, reflecting continued pricing momentum.
In Road Solutions, Total revenues were 1% ahead of the prior year period, with continued pricing progress, contributions from acquisitions and increased activity in certain markets partially offset by the impact of divestitures. Ready mix concrete volumes and pricing were 10% and 5% ahead of the comparable period in 2025, respectively. Asphalt volumes were 1% ahead of the prior year period, supported by higher activity levels in Western Europe, while pricing was 16% ahead, benefiting from geographic mix-effects.
Within Building & Infrastructure Solutions and Outdoor Living Solutions, Total revenues were 18% behind the third quarter of 2025, due to the impact of divestitures.
Adjusted EBITDA in International Solutions was 6% ahead of the third quarter of 2025, benefiting from positive pricing momentum, operational excellence initiatives and contributions from acquisitions, which more than offset the impact of divestitures and cost inflation. Adjusted EBITDA margin increased by 110bps. CRH Q3 2026 Results 7
The following financial statements are an extract of the Company’s Condensed Consolidated Financial Statements prepared in accordance with U.S. GAAP for the three and nine months ended September 30, 2026, and do not present all necessary information for a complete understanding of the Company's financial condition as of September 30, 2026, and its results of operations for the interim periods then ended. The full Condensed Consolidated Financial Statements prepared in accordance with U.S. GAAP for the three months ended September 30, 2026, including notes thereto, will be included as a part of the Company’s Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (SEC). Condensed Consolidated Statements of Income (Unaudited)
September 30 December 31 September 30 2026 2025 2025 Assets Current assets: Cash and cash equivalents 5,108 4,096 4,198 Restricted cash – 51 90 Accounts receivable, net of allowance for credit losses of $136 million, $137 million, and $158 million as 7,136 5,178 6,961 of September 30, 2026, December 31, 2025, and September 30, 2025, respectively Inventories 5,095 5,251 5,019 Other current assets 755 678 584 Total current assets 18,094 15,254 16,852 Property, plant and 25,229 24,937 23,783 equipment, net Equity method investments 415 502 743 Goodwill 13,273 13,099 12,676 Intangible assets, net 2,034 2,048 2,146 Operating lease right-of-use 1,283 1,471 1,412 assets, net Other noncurrent assets 1,019 1,018 915 Total assets 61,347 58,329 58,527 Liabilities, redeemable noncontrolling interests and shareholders’ equity Current liabilities: Accounts payable 3,475 3,263 3,156 Accrued expenses 2,046 2,196 2,393 Current portion of long-term 4,820 1,175 3,968 debt Operating lease liabilities 253 286 257 Other current liabilities 1,807 1,834 1,822 Total current liabilities 12,401 8,754 11,596 Long-term debt 14,804 16,478 14,734 Deferred income tax 3,580 3,511 3,595 liabilities Noncurrent operating lease 1,071 1,232 1,188 liabilities Other noncurrent liabilities 3,066 2,876 2,785 Total liabilities 34,922 32,851 33,898 Redeemable noncontrolling 407 430 419 interests Shareholders’ equity Preferred stock, €1.27 par value, nil, 150,000 and 150,000 shares authorized and nil, 50,000 and 50,000 shares issued and outstanding for 5% preferred stock and nil, 872,000 and 872,000 – 1 1 shares authorized, issued and outstanding for 7% 'A' preferred stock, as of September 30, 2026, December 31, 2025, and September 30, 2025, respectively Common stock, €0.32 par value, 1,250,000,000 shares authorized; 700,688,292, 706,946,142 and 709,054,314 issued and 665,097,488, 284 286 287 668,630,350 and 670,472,746 outstanding, as of September 30, 2026, December 31, 2025, and September 30, 2025, respectively Treasury stock, at cost (35,590,804, 38,315,792 and 38,581,568 shares of common stock as of September -1,896 -2,016 -2,027 30, 2026, December 31, 2025, and September 30, 2025, respectively) Additional paid-in capital 320 397 361 Accumulated other -341 -257 -381 comprehensive loss Retained earnings 26,630 25,593 25,068 Total shareholders’ equity attributable 24,997 24,004 23,309 to CRH shareholders Noncontrolling interests 1,021 1,044 901 Total equity 26,018 25,048 24,210 Total liabilities, redeemable noncontrolling interests and 61,347 58,329 58,527 equity
Nine months ended September 30 2026 2025 Cash flows from operating activities: Net income 2,515 2,753 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation, depletion, and 1,679 1,566 amortization Loss on impairments 226 40 Share-based compensation 113 104 Gain on disposals from businesses and -356 -126 long-lived assets, net Deferred tax expense 99 175 Loss (income) from equity method 43 -17 investments Pension and other postretirement 5 17 benefits net periodic benefit cost Non-cash operating lease costs 241 208 Other items, net 24 5 Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:
Accounts receivable, net -2,262 -1,940 Inventories -96 -24 Accounts payable 181 -264 Operating lease liabilities -245 -226 Other assets -373 -163 Other liabilities 502 632 Pension and other postretirement -38 -30 benefits contributions Dividends received from equity method 13 – investments Net cash provided by operating 2,271 2,710 activities Cash flows from investing activities: Purchases of property, plant and -1,825 -1,892 equipment, and intangibles Acquisitions, net of cash acquired -1,659 -3,121 Proceeds from divestitures 1,677 52 Proceeds from disposal of long-lived 139 183 assets Distributions received from equity – 23 method investments Settlements of derivatives -5 -72 Deferred divestiture consideration 62 40 received Other investing activities, net 8 82 Net cash used in investing -1,603 -4,705 activities
Nine months ended September 30 2026 2025 Cash flows from financing activities: Proceeds from debt issuances 5,799 7,760 Payments on debt -3,660 -3,697 Settlements of derivatives -52 120 Payments of finance lease -109 -73 obligations Deferred and contingent acquisition -20 -28 consideration paid Dividends paid -781 -749 Distributions to noncontrolling and -70 -31 redeemable noncontrolling interests Transactions involving noncontrolling -24 2 interests Repurchases of common stock -693 -930 Amounts related to employee share -71 -55 plans Net cash provided by financing 319 2,319 activities Effect of exchange rate changes on cash -26 205 and cash equivalents, including restricted cash Increase in cash and cash equivalents, 961 529 including restricted cash Cash and cash equivalents and restricted 4,147 3,759 cash at the beginning of period Cash and cash equivalents and restricted 5,108 4,288 cash at the end of period Supplemental cash flow information: Cash paid for interest (including 599 494 finance leases) Cash paid for income taxes 495 380 Reconciliation of cash and cash equivalents and restricted cash Cash and cash equivalents presented in 5,108 4,198 the Condensed Consolidated Balance Sheets Restricted cash presented in the Condensed Consolidated Balance – 90 Sheets Total cash and cash equivalents and restricted cash presented in the Condensed Consolidated Statements 5,108 4,288 of Cash Flows
Appendix 3 - Non-GAAP Reconciliation and Supplementary Information CRH uses a number of non-GAAP financial measures to monitor financial performance. These measures are referred to throughout the discussion of our reported financial position and operating performance on a continuing operations basis unless otherwise defined and are measures which are regularly reviewed by CRH management. These financial measures may not be uniformly defined by all companies and accordingly may not be directly comparable with similarly titled measures and disclosures by other companies.
Certain information presented is derived from amounts calculated in accordance with U.S. GAAP but is not itself an expressly permitted GAAP measure. The non- GAAP financial measures as summarized below should not be viewed in isolation or as an alternative to the most directly comparable GAAP measure.
Adjusted EBITDA: Adjusted EBITDA is defined as earnings from continuing operations before interest, taxes, depreciation, depletion, amortization, Loss on impairments, gain/loss on divestitures and investments, Income/loss from equity method investments, substantial acquisition and integration-related costs, pension expense/income excluding current service cost component and transformation-related costs. It is quoted by management in conjunction with other GAAP and non-GAAP financial measures to aid investors in their analysis of the performance of the Company. During the third quarter of 2026, the Company revised its definition of Adjusted EBITDA to exclude substantial acquisition- related integration costs and transformation-related costs. Management believes this revised measure provides a more meaningful representation of performance by excluding non-routine costs that are not reflective of the Company's underlying performance and may affect comparability. Adjusted EBITDA by segment is monitored by management in order to allocate resources between segments and to assess performance .
Three Nine months months ended ended September September 30 30 in $ 2026 2025 2026 2025 millions Net 1,184 1,519 2,515 2,753 income Loss (income) from equity 41 -26 43 -17 method investme… (i) Income tax 494 428 1,100 795 expense (Gain) loss on divestit… -3 -4 -263 38 and investme… (ii) Pension income excluding current -4 -5 -22 -14 service cost component (ii) Other interest, -3 -3 -3 -7 net (ii) Interest -22 -37 -65 -104 income Interest 209 209 632 590 expense Deprecia… depletion 555 561 1,679 1,566 and amortiza… Loss on impairme… 178 40 226 40 (i) Substant… acquisit… and 4 13 4 13 integrat… costs (iii) Transfor… costs 49 – 49 – (iv) Adjusted 2,682 2,695 5,895 5,653 EBITDA Total 11,396 11,069 29,543 28,031 revenues Net income 10.4% 13.7% 8.5% 9.8% margin Adjusted EBITDA 23.5% 24.3% 20.0% 20.2% margin (i) For the nine months ended September 30, 2026, the total impairme… loss including tax impact comprised of $282 million, principa… related to a goodwill impairme… recorded within Philippi… reporting unit within Internat… Solution… and the equity method investme… in China. (ii) (Gain) loss on divestit… and investme… pension income excluding current service cost component and other interest, net have been included in Other nonopera… income (expense… net in the Condensed Consolid… Statemen… of Income. (iii) Represen… expenses associat… with non-rout… substant… acquisit… which meet the criteria for being separate… reported in Note 4 “Acquisi… of the unaudited financial statemen… as well as other acquisit… and integrat… costs of an extraord… nature. Expenses in Q3 2026 and Q3 2025 primarily include legal, consulti… and tax expenses related to these acquisit… (iv) Represen… non-rout… transfor… costs associat… with the implemen… of Velocity.
Reconciliation to the most directly comparable GAAP measure for the mid-point of the 2026 Adjusted EBITDA guidance is presented below:
Updated Guidance Previous Guidance in $ billions 2026 2026 Mid-Point Mid-Point Net income 3.2 4.0 Income tax expense 1.2 1.4 Interest expense, net 0.8 0.7 Depreciation, depletion and 2.3 2.3 amortization Loss on impairments (i) 0.2 – (Gain) on divestitures and -0.3 -0.3 investments Substantial acquisition and 0.2 – integration-related costs Other (ii) 0.3 0.2 Adjusted EBITDA 7.9 8.3 (i) Reflective of the impairment of property, plant and equipment and intangible assets, as reported for the nine months ended September 30, 2026. (ii) Other primarily relates to Loss (income) from equity method investments, pension income excluding current service cost component and transformation-related costs.
Net Debt: Net Debt is used by management as it gives additional insight into the Company’s current debt position less available cash. Net Debt is provided to enable investors to see the economic effect of gross debt, related hedges and cash and cash equivalents in total. Net Debt comprises short and long-term debt, finance lease liabilities, cash and cash equivalents and current and noncurrent derivative financial instruments (net).
September 30 December 31 September 30 in $ millions 2026 2025 2025 Short and long-term debt -19,624 -17,653 -18,702 Cash and cash equivalents 5,108 4,096 4,198 Finance lease liabilities -633 -534 -506 Derivative financial 105 -60 4 instruments (net) Net Debt -15,044 -14,151 -15,006
Organic Revenues and Organic Adjusted EBITDA: Because of the impact of acquisitions, divestitures, currency exchange translation and other non- recurring items on reported results each reporting period, CRH uses organic revenues and organic Adjusted EBITDA as additional performance indicators to assess performance of pre-existing (also referred to as underlying, like-for- like or ongoing) operations each reporting period.
Organic revenues and organic Adjusted EBITDA are arrived at by excluding the incremental revenues and Adjusted EBITDA contributions from current and prior year acquisitions and divestitures, the impact of exchange translation, and the impact of any one-off items. Changes in organic revenues and organic Adjusted EBITDA are presented as additional measures of revenues and Adjusted EBITDA to provide a greater understanding of the performance of the Company. Organic change % is calculated by expressing the organic movement as a percentage of the prior year (adjusted for currency exchange effects). A reconciliation of the changes in organic revenues and organic Adjusted EBITDA to the changes in Total revenues and Adjusted EBITDA by segment, is presented in Appendix 1.
EPS pre‑impairment: Diluted EPS pre‑impairment is a measure of the Company's profitability per Common Share from continuing operations excluding any Loss on impairments (which is non-cash) and the related tax impact of such impairments. It is used by management to evaluate the Company's underlying profit performance and its own past performance. Diluted EPS information presented on a pre‑impairment basis is useful to investors as it provides an insight into the Company's underlying performance and profitability. Diluted EPS pre‑impairment is calculated as Net income (loss) adjusted for (i) Net (income) loss attributable to redeemable noncontrolling interests (ii) Net (income) loss attributable to noncontrolling interests (iii) adjustment of redeemable noncontrolling interests to redemption value and excluding any Loss on impairments (and the related tax impact of such impairments) divided by the diluted weighted average number of Common Shares outstanding for the respective period. CRH Q3 2026 Results 13
EPS: Management has introduced Adjusted Diluted EPS, a non-GAAP financial measure, as of this update to 2026 guidance, following the Arcosa Acquisition, and the launch of a company-wide transformation initiative under Velocity. Management expects these activities to give rise to acquisition, integration and transformation-related costs, that management believes reduces the comparability of the Company’s results across periods. Adjusted Diluted EPS adjusts for items that affect comparability on a period-to-period basis, including substantial acquisition and integration-related costs, transformation-related costs, Loss on impairments, gain/loss on divestitures and investments, pension expense/income excluding current service cost component, and the related tax impact of such adjustments. An adjustment is also included for the after-tax impact of amortization of acquired intangible assets because the amount and timing of this expense is impacted by the timing, size, number and nature of acquisitions completed. Management uses Adjusted Diluted EPS, together with Diluted EPS, to evaluate the Company’s underlying profit performance and intends to present it on a consistent basis in future periods. Adjusted Diluted EPS differs from Diluted EPS pre-impairment which continues to be presented for actual results for the third quarter of 2026.
Management believes these adjustments provide investors with a meaningful, consistent comparison of our underlying performance and profitability. Adjusted Diluted EPS should not be considered in isolation or as an alternative to Diluted EPS calculated in accordance with U.S. GAAP and may not be comparable to similarly titled measures used by other companies.
Reconciliation to the most directly comparable GAAP measure for the mid-point of the 2026 Adjusted Diluted EPS guidance is presented below:
in $ billions, except share and 2026 Per Share - diluted per Mid-point Mid-point share data Weighted average common shares 670.5 outstanding – diluted Net income 3.2 $4.83 Net (income) attributable to redeemable – -$0.04 noncontrolling interests Net loss attributable to noncontrolling 0.1 $0.06 interests Adjustment of redeemable noncontrolling -0.1 -$0.11 interests to redemption value Net income attributable to CRH 3.2 $4.74 for EPS Loss on impairments (net of tax) 0.2 $0.30 (i) (Gain) on divestitures and -0.3 -$0.41 investments Substantial acquisition and 0.2 $0.28 integration-related costs Amortization of acquired 0.2 $0.29 intangibles Other (ii) 0.2 $0.28 Net income attributable to CRH for 3.7 $5.48 Adjusted EPS (i) Reflective of CRH’s share of impairment of property, plant and equipment, intangible assets and equity method investments including tax impact, as reported for the nine months ended September 30, 2026. (ii) Other primarily relates to pension income excluding current service cost component, transformation-related costs and tax related to the above adjustments.
Appendix 4 - Disclaimer/Forward-Looking Statements In reliance upon the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, CRH is providing the following cautionary statement.
This document contains statements that are, or may be deemed to be, forward- looking statements with respect to the financial condition, results of operations, business, viability and future performance of CRH and certain of the plans and objectives of CRH. These forward-looking statements may generally, but not always, be identified by the use of words such as “will”, “anticipates”, “should”, “could”, “would”, “targets”, “aims”, “may”, “continues”, “expects”, “is expected to”, “estimates”, “believes”, “intends” or similar expressions. These forward-looking statements include all matters that are not historical facts or matters of fact at the date of this document.
In particular, the following, among other statements, are all forward-looking in nature: plans and expectations regarding CRH's outlook for 2026 and 2027, including market dynamics and demand among CRH's platforms; plans and expectations regarding public investment in infrastructure and continued reindustrialization activity; plans and expectations regarding pricing momentum, costs, demand, and trends in residential and non-residential markets and macroeconomic and other market trends and dynamics in key end-markets and other regions where CRH operates; expectations with respect to the impact of further potential changes to global trade policies; plans and expectations regarding acquisitions and divestitures; statements regarding the Arcosa Acquisition, including expected synergies, accretion and financial impact; CRH’s expected financial performance following the completion of the Arcosa Acquisition; statements regarding the M&A pipeline and other value-accretive opportunities; statements regarding the reallocation of capital; plans and expectations regarding return of cash to shareholders, including the timing, consistency and amount of share buybacks and dividends; plans and expectations regarding Velocity, including expected run-rate benefits, costs, timing and impacts; plans and expectations regarding the new share buyback program; expectations regarding CRH's credit rating; and plans and expectations regarding CRH's 2026 full year performance, including net income, Adjusted EBITDA, Diluted EPS, Adjusted Diluted EPS, capital expenditures, assumed interest expense, assumed effective tax rate, expected transformation-related and acquisition and integration- related costs.
By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that may or may not occur in the future and reflect the Company’s current expectations and assumptions as to such future events and circumstances that may not prove accurate. You are cautioned not to place undue reliance on any forward-looking statements. These forward-looking statements are made as of the date of this document. The Company expressly disclaims any obligation or undertaking to publicly update or revise these forward-looking statements other than as required by applicable law.
A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, certain of which are beyond our control, and which include, but are not limited to: economic and financial conditions, including changes in interest rates, inflation, price volatility and/or labor and materials shortages; demand for infrastructure, residential and non-residential construction and our products in geographic markets in which we operate; increased competition and its impact on prices and market position; increases in energy, labor and/or other raw materials costs; adverse changes to laws and regulations, including in relation to climate change; the impact of unfavorable weather; investor and/or consumer sentiment regarding the importance of sustainable practices and products; availability of public sector funding for infrastructure programs; political uncertainty, including as a result of political and social conditions in the jurisdictions CRH operates in, or adverse political developments, including the ongoing geopolitical conflicts in Ukraine and the Middle East; failure to complete or successfully integrate acquisitions or make timely divestitures; cyber-attacks and exposure of associates, contractors, customers, suppliers and other individuals to health and safety risks, including due to product failures; risks that the Arcosa Acquisition disrupts CRH’s current plans and operations; the ability to integrate Arcosa successfully and to recognize the anticipated benefits of the Arcosa Acquisition; the amount of costs, fees, expenses and charges related to the Arcosa Acquisition; the indebtedness incurred to finance the Arcosa Acquisition and its effect on CRH’s financial condition; the failure to realize the anticipated benefits of Velocity, or higher than expected costs or disruption associated with its implementation; diversion of management’s attention from ongoing business operations and opportunities; potential litigation relating to the Arcosa Acquisition; the effect of the Arcosa Acquisition on CRH’s and Arcosa’s business relationships, operating results and business generally. Additional factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those expressed by the forward-looking statements in this document including, but not limited to, the risks and uncertainties described herein and in “Risk Factors” in the 2025 Form 10-K and in our other filings with the SEC. CRH Q3 2026 Results 15
Full text with the tables
Exhibit 99.1
CRH Reports Third Quarter 2026 Results
•Resilient Q3 performance despite a challenging cost environment and subdued
residential activity
•Expect FY26 Net Income of $3.1B-$3.3B and Adjusted EBITDA* of $7.8B-$8.0B
•Announcing new share buyback program of up to $6B expiring at the end of
2030
•$8.5B Arcosa acquisition completed; further $1.9B invested in 27
value-accretive acquisitions YTD
•Introducing Velocity: evolving CRH's operating model to drive structurally
higher margins; expect $400M annual run-rate benefits by end of 2028
•2027 outlook positive across key end-markets; underpinned by our superior
strategy and connected portfolio
NEW YORK (Oct. 29, 2026) – CRH (NYSE: CRH), the leading provider of building
materials, today reported third quarter 2026 financial results. Total revenues
of $11.4 billion (Q3 2025: $11.1 billion) were 3% ahead of the prior year driven
by positive pricing momentum, resilient underlying demand, and contributions
from acquisitions. Net income of $1.2 billion (Q3 2025: $1.5 billion) was lower
than the prior year, primarily impacted by Loss on impairments. Adjusted EBITDA*
of $2.7 billion was in line with the prior year period (Q3 2025: $2.7 billion),
as disciplined commercial execution, performance improvement initiatives and
contributions from acquisitions were offset by cost inflation, subdued
residential activity and the impact of divestitures. CRH’s net income margin of
10.4% (Q3 2025: 13.7%) and Adjusted EBITDA margin* of 23.5% (Q3 2025: 24.3%)
were behind the prior year. 1
Jim Mintern, CEO, stated “Against a challenging and volatile inflationary cost
backdrop our teams delivered a resilient Q3 performance reflecting disciplined
commercial execution, performance improvement initiatives and positive
underlying demand in key end-markets. We completed the acquisition of Arcosa,
reinforcing our position as the leading aggregates and critical infrastructure
player in North America. Backed by our significant cash generation capabilities
and robust balance sheet, we are announcing a $6 billion share buyback program
to run to the end of 2030. In addition, with Velocity we are fast-tracking the
strategy that we laid out at our Investor Day in 2025. By simplifying our
operating model, leveraging technology and data more effectively, and increasing
agility across the organization, CRH will execute with greater speed and
efficiency, raising our ambitions and accelerating the delivery of our expanded
margins.”
Summary Financials Q3 2026 YoY Change 9M 2026 YoY Change
Total revenues $11.4bn +3% $29.5bn +5%
Net income $1.2bn -22% $2.5bn -9%
Net income margin 10.4% -330bps 8.5% -130bps
Adjusted EBITDA* $2.7bn – $5.9bn +4%
Adjusted EBITDA margin* 23.5% -80bps 20.0% -20bps
Diluted Earnings Per Share $1.86 -16% $3.79 -5%
Diluted Earnings Per Share $2.09 -8% $4.09 +1%
pre-impairment*
1 *Represents a non-GAAP financial measure. See 'Non-GAAP Reconciliation and
Supplementary Information' on pages 12 to 14.
Exhibit 99.1
Three months ended September 30, 2026
Americas Materials Solutions' Total revenues were 6% ahead of the third quarter
of 2025, driven by positive pricing in aggregates and asphalt, strong demand
from major projects and contributions from acquisitions. Adjusted EBITDA
increased by 1% year-over-year, reflecting disciplined cost management and
contributions from acquisitions offsetting the impact of divestitures and cost
inflation.
Americas Building Solutions' Total revenues decreased 3% compared to the third
quarter of 2025, as strong performance in utility infrastructure, data center
activity and contributions from acquisitions were offset by subdued residential
demand and the impact of divestitures. Adjusted EBITDA declined 18% year-over-
year, reflecting the non-recurrence of the prior year gain on the disposal of
certain land assets and higher cost inflation.
International Solutions' Total revenues were 1% ahead of the third quarter of
2025, as positive pricing momentum, increased activity levels in certain markets
and contributions from acquisitions offset the impact of divestitures. Adjusted
EBITDA was 6% ahead of the prior year, driven by strong pricing, operational
excellence initiatives and contributions from acquisitions.
Please refer to Appendix 1 on pages 6 to 7 for detailed business segment
information for the three months ended September 30, 2026.
Velocity
During the third quarter of 2026, CRH launched Velocity, a transformation
initiative focused on delivering an enhanced scalable operating model that will
support ongoing strategy execution. Velocity will underpin growth objectives
while enhancing operational efficiency thereby delivering a structurally higher
margin business. The program will simplify organizational structures and
processes, optimize process technology, the use of Artificial Intelligence and
data, supporting accelerated decision-making and deployment of best practices.
By end of 2028, the two-year program is expected to deliver annual run-rate
benefits of approximately $400 million. Velocity is expected to result in total
non-routine costs of approximately $400 million including costs associated with
process redesign, technology implementation and organizational optimization.
Since inception of the program through to the end of the third quarter 2026, CRH
has recognized non-routine transformation-related program costs of $49 million.
Acquisitions and Divestitures
CRH has a proven track record of allocating capital into high-growth connected
businesses that maximize value for shareholders. In the three months ended
September 30, 2026, CRH completed nine acquisitions for a total consideration of
$0.5 billion, compared with $2.5 billion in the same period of 2025. Americas
Materials Solutions completed four acquisitions, Americas Building Solutions
completed two acquisitions and International Solutions completed three
acquisitions.
On October 23, 2026, CRH completed its acquisition of Arcosa, Inc. ('Arcosa'), a
leading U.S. provider of aggregates and critical infrastructure products. Under
the terms of the merger agreement, Arcosa stockholders received $150.00 per
share in cash, for a total enterprise value of approximately $8.5 billion (the
‘Arcosa Acquisition’). CRH financed the transaction with proceeds from
borrowings under a $2.5 billion term loan facility, a $3.3 billion bridge
facility and cash on hand. The acquisition of Arcosa advances the Company’s
connected portfolio strategy, reinforces CRH’s position as the leader in U.S.
aggregates, and increases exposure to some of the fastest-growing Metropolitan
Statistical Areas in the United States. In addition, the Engineered Structures
business has a strong market position, supported by infrastructure megatrends,
and is well positioned to benefit from significant investment in grid
modernization, electrification, and data center construction.
In the three months ended September 30, 2026, CRH also realized proceeds from
divestitures and disposals of long-lived assets of $0.1 billion, net of disposal
costs and deferred proceeds, in line with the same period in 2025.
Dividends and Share Buybacks
In line with its policy of consistent long-term dividend growth, on October 29,
2026, CRH announced a quarterly dividend of $0.39 per share, representing a 5%
increase on the prior year. The dividend will be paid on December 9, 2026, to
shareholders registered at the close of business on November 13, 2026.
During the third quarter of 2026, CRH repurchased approximately 0.8 million
Ordinary Shares for $0.1 billion, bringing its repurchases to $0.7 billion
through the third quarter of 2026, compared with $0.9 billion in the first nine
months of the prior year.
CRH today announced that its Board of Directors has authorized a new share
buyback program of up to $6 billion, expiring at the end of 2030. This new
authorization reflects the Company's significant financial capacity backed by
its robust balance sheet and the strength of its cash-generating capabilities.
Repurchases may be made from time to time in open-market transactions (including
pursuant to Rule 10b-18 under the Securities Exchange Act of 1934, as amended,
and through plans adopted under Rule 10b5-1), privately negotiated transactions,
accelerated share repurchases or other structured or derivative transactions,
tender offers, or by other means, in accordance with applicable securities laws
and Irish law. The timing, manner, price, amount and continuation of any
repurchases will be determined by management in its discretion based on the
Company’s share price, market and business conditions, capital allocation
priorities, applicable legal requirements and other factors.
CRH Q3 2026 Results 2
Exhibit 99.1
Other Financial Items
Depreciation, depletion and amortization charges of $555 million were $6 million
lower than the prior year (Q3 2025: $561 million).
Loss on impairments was $178 million (Q3 2025: $40 million), related to the
Philippines reporting unit within International Solutions.
Interest income of $22 million was lower than the comparable period (Q3 2025:
$37 million), primarily due to lower average cash on deposit. Interest expense
was $209 million, in line with Q3 2025.
Income tax expense of $494 million (Q3 2025: $428 million) was higher than the
prior year, reflecting a higher effective tax rate, primarily due to higher Loss
on impairments in the period and the movement in uncertain tax positions in the
prior year.
Other nonoperating income, net, was $10 million, compared with $12 million in Q3
2025.
Diluted Earnings Per Share (EPS) of $1.86 was lower than the prior year (Q3
2025: $2.21) primarily due to Loss on impairments, Loss from equity method
investments, higher Income tax expense and transformation-related costs. Diluted
EPS pre-impairment* of $2.09 was also lower than the prior year (Q3 2025:
$2.27).
Balance Sheet and Liquidity
Total short and long-term debt was $19.6 billion at September 30, 2026, compared
with $17.7 billion at December 31, 2025.
Net Debt* at September 30, 2026, was $15.0 billion, compared with $14.2 billion
at December 31, 2025. The increase in Net Debt* reflects purchases of property,
plant and equipment, acquisitions, as well as cash returns to shareholders
through dividends and share buybacks, partially offset by inflows from operating
activities and proceeds from divestitures. CRH ended Q3 2026 with $5.1 billion
of cash and cash equivalents and restricted cash on hand (September 30, 2025:
$4.3 billion).
As of September 30, 2026, the Company had $4.5 billion of undrawn committed
facilities available for use for general corporate purposes, which were
available until May 2030. As of September 30, 2026, and in connection with the
Arcosa Acquisition, the Company had entered into a bridge facility agreement
with commitments of $3.3 billion and a $2.5 billion term loan facility. CRH
remains committed to maintaining its robust balance sheet and expects to
maintain a strong investment-grade credit rating.
2026 Full Year Outlook
Reflecting our third quarter performance and updated expectations for the fourth
quarter, we are revising our full year 2026 guidance to reflect the earlier than
anticipated completion of the Arcosa Acquisition, the inflationary cost backdrop
and a more challenging residential construction market. Notwithstanding the
volatile cost environment, we continue to expect favorable underlying demand
across our key end-markets, underpinned by significant public investment in
infrastructure and continued reindustrialization activity. We expect the
residential end-market to remain weak in the near-term. Assuming normal seasonal
weather patterns and absent any further major dislocations in the geopolitical
or macroeconomic environment, CRH's superior strategy, connected portfolio and
leading positions of scale in attractive high-growth markets, together with our
strong and flexible balance sheet, are expected to underpin another year of
growth and value creation in 2026 and beyond.
2026 Guidance (i) Updated Guidance Previous Guidance
(in $ billions,
except per share Low High Low High
data)
Net income (ii) 3.1 3.3 3.9 4.1
Adjusted EBITDA* 7.8 8.0 8.1 8.5
Diluted EPS (ii) $4.63 $4.85 $5.60 $6.05
Adjusted Diluted $5.37 $5.59 – –
EPS* (iii)
Capital 2.6 2.8 2.7 2.9
expenditure
(i) The 2026
guidance includes
the
expected fourth
quarter
contribution
from the recent
acquisition of
Arcosa as
well as expected
fourth quarter
Velocity
transformation-r…
costs. It does
not assume any
further
significant
one-off or
non-recurring
items,
including the
impact of further
potential changes
to global trade
policies, further
impairments or
divestitures or
other unforeseen
events.
(ii) 2026 Net
income and
Diluted EPS are
based on
approximately
$0.8 billion of
interest expense,
net, an effective
tax
rate of
approximately 27%
and a
year-to-date
average of
approximately
670.5 million
diluted Common
Shares
outstanding.
CRH Q3 2026 Results 3
Exhibit 99.1
Q3 2026 Conference Call
CRH will host a conference call and webcast presentation at 8:00 a.m. (EDT) on
Thursday, October 29, 2026, to discuss its Q3 2026 results and outlook.
Registration details are available on www.crh.com/investors . Upon registration,
a link to join the call and dial-in details will be made available. The
accompanying investor presentation will be available on the investor section of
the CRH website in advance of the conference call, and a recording of the
conference call will be made available afterwards.
About CRH
CRH is the leading provider of building materials critical to modernizing
infrastructure. With our team of 83,000 people across 4,000 locations, our
unmatched scale, connected portfolio, and deep local relationships make us the
partner of choice for transportation, water, and reindustrialization projects,
shaping communities for a better tomorrow. CRH (NYSE: CRH) is a member of the
S&P 500 Index. For more information, visit www.crh.com .
CRH Q3 2026 Results 4
Exhibit 99.1
Appendices
CRH Q3 2026 Results 5
Exhibit 99.1
Appendix 1 - Results Of Operations
Three months ended September 30, 2026
Americas Materials Solutions
Anal…
of
Chan…
in $ Q3 Curr… Acqu… Dive… Organ… Q3 %
mil… 2025 2026 change
Tot… 5,637 -7 +373 -83 +65 5,985 +6%
rev…
Adj… 1,555 -2 +83 -12 -49 1,575 +1%
EBI…
Adj…
EBI… 27.6% 26.3%
mar…
Americas Materials Solutions' Total revenues were 6% ahead of the third quarter
of 2025, driven by higher pricing across aggregates and asphalt, strong demand
from major projects and contributions from acquisitions.
In Essential Materials, Total revenues increased by 19%, reflecting higher
aggregates pricing and the contribution from the 2025 acquisition of Eco
Material Technologies. Aggregates volumes increased by 2% and pricing increased
by 5%, while cement volumes were in line with the prior year period and pricing
was 2% behind, reflecting weakness in residential demand and the impact of
geographic mix-effects.
In Road Solutions, Total revenues were 2% ahead of the prior year period.
Asphalt volumes declined 2%, impacted by adverse weather and divestitures, while
pricing increased by 7%. Ready mix concrete volumes increased by 2%, supported
by project demand and acquisitions, with pricing up 3% over the same period.
Paving and construction revenues were 1% behind the prior year period, as
contributions from acquisitions were offset by adverse weather.
Adjusted EBITDA for Americas Materials Solutions was 1% ahead of the third
quarter of 2025, supported by positive pricing momentum, disciplined cost
management and contributions from acquisitions, offsetting the impact of
divestitures and cost inflation. Adjusted EBITDA margin was 130bps lower than
the third quarter of 2025.
Americas Building
Solutions
Anal…
of
Chan…
in $ Q3 Curr… Acqu… Dive… Organ… Q3 %
mil… 2025 2026 change
Tot… 1,797 -1 +76 -100 -20 1,752 -3%
rev…
Adj… 432 – +7 -6 -80 353 -18%
EBI…
Adj…
EBI… 24.0% 20.1%
mar…
Americas Building Solutions' Total revenues were 3% behind the third quarter of
2025, as strong utility infrastructure, data center activity and contributions
from acquisitions were offset by the impact of divestitures and subdued
residential demand.
In Building & Infrastructure Solutions, Total revenues were 16% ahead of the
third quarter of 2025, reflecting higher demand in energy and water
infrastructure markets, together with the contribution from the Axius Water
acquisition.
In Outdoor Living Solutions, Total revenues were 15% lower than the prior year
period, reflecting the impact of divestitures and subdued residential demand.
Americas Building Solutions' Adjusted EBITDA was 18% behind the third quarter of
2025, primarily due to the non-recurrence of the prior year gain on the disposal
of certain land assets and cost inflation, partially offset by performance
improvement initiatives. Adjusted EBITDA margin was 390bps behind the third
quarter of 2025.
CRH Q3 2026 Results 6
Exhibit 99.1
International Solutions
Anal…
of
Chan…
in $ Q3 Curr… Acqu… Dive… Organ… Q3 %
mil… 2025 2026 change
Tot… 3,635 -18 +234 -269 +77 3,659 +1%
rev…
Adj… 708 -7 +36 -17 +34 754 +6%
EBI…
Adj…
EBI… 19.5% 20.6%
mar…
International Solutions' Total revenues were 1% ahead of the third quarter of
2025, as positive pricing momentum, increased activity levels in certain markets
and contributions from acquisitions offset the impact of divestitures.
In Essential Materials, Total revenues were 9% ahead of the third quarter of
2025, supported by continued pricing progress, increased activity in certain
markets and contributions from acquisitions. Aggregates and Cement volumes were
9% and 1% ahead of the comparable period in 2025, respectively. Aggregates and
Cement pricing was also ahead by 5% and 6%, respectively, reflecting continued
pricing momentum.
In Road Solutions, Total revenues were 1% ahead of the prior year period, with
continued pricing progress, contributions from acquisitions and increased
activity in certain markets partially offset by the impact of divestitures.
Ready mix concrete volumes and pricing were 10% and 5% ahead of the comparable
period in 2025, respectively. Asphalt volumes were 1% ahead of the prior year
period, supported by higher activity levels in Western Europe, while pricing was
16% ahead, benefiting from geographic mix-effects.
Within Building & Infrastructure Solutions and Outdoor Living Solutions, Total
revenues were 18% behind the third quarter of 2025, due to the impact of
divestitures.
Adjusted EBITDA in International Solutions was 6% ahead of the third quarter of
2025, benefiting from positive pricing momentum, operational excellence
initiatives and contributions from acquisitions, which more than offset the
impact of divestitures and cost inflation. Adjusted EBITDA margin increased by
110bps.
CRH Q3 2026 Results 7
Exhibit 99.1
Appendix 2 - Financial Statements
The following financial statements are an extract of the Company’s Condensed
Consolidated Financial Statements prepared in accordance with U.S. GAAP for the
three and nine months ended September 30, 2026, and do not present all necessary
information for a complete understanding of the Company's financial condition as
of September 30, 2026, and its results of operations for the interim periods
then ended. The full Condensed Consolidated Financial Statements prepared in
accordance with U.S. GAAP for the three months ended September 30, 2026,
including notes thereto, will be included as a part of the Company’s Quarterly
Report on Form 10-Q filed with the U.S. Securities and Exchange Commission
(SEC).
Condensed Consolidated Statements of Income (Unaudited)
(in $ millions, except share and per share data)
Three Nine
mont… mon…
ended end…
Sept… Sep…
30 30
2026 2025 2026 2025
Pro… 8,461 8,087 23,… 21,…
rev…
Ser… 2,935 2,982 6,3… 6,4…
rev…
Tot… 11,3… 11,0… 29,… 28,…
rev…
Cost
of -4,3… -4,0… -13… -11…
pro…
rev…
Cost
of -2,6… -2,6… -5,… -5,…
ser…
rev…
Tot…
cost -6,9… -6,7… -18… -17…
of
rev…
Gro… 4,421 4,309 10,… 10,…
pro…
Sel…
gen…
and -2,3… -2,2… -6,… -6,…
adm…
exp…
Gain
on
dis… 19 110 93 153
of
lon…
ass…
Loss
on -178 -40 -226 -40
imp…
Ope… 1,896 2,081 3,9… 4,0…
inc…
Int… 22 37 65 104
inc…
Int… -209 -209 -632 -590
exp…
Oth…
non…
inc… 10 12 288 -17
(ex…
net
Inc…
from
ope…
bef…
inc…
tax
exp… 1,719 1,921 3,6… 3,5…
and
inc…
from
equ…
met…
inv…
Inc…
tax -494 -428 -1,… -795
exp…
(Lo…
inc…
from -41 26 -43 17
equ…
met…
inv…
Net 1,184 1,519 2,5… 2,7…
inc…
Net
(in…
att…
to -9 -10 -19 -18
red…
non…
int…
Net
loss
(in…
att… 70 -6 59 -7
to
non…
int…
Net
inc…
att… 1,245 1,503 2,5… 2,7…
to
CRH
Ear…
per
sha…
att…
to
CRH
Bas… $1.86 $2.… $3.80 $4.02
Dil… $1.86 $2.21 $3.79 $3.…
Wei…
ave…
com…
sha…
out…
Bas… 665.2 672… 667.0 674.4
Dil… 666.9 675… 669.2 678.2
CRH Q3 2026 Results 8
Exhibit 99.1
Condensed Consolidated Balance Sheets (Unaudited)
(in $ millions, except share data)
September 30 December 31 September 30
2026 2025 2025
Assets
Current assets:
Cash and cash equivalents 5,108 4,096 4,198
Restricted cash – 51 90
Accounts receivable, net of
allowance
for credit losses of $136
million, $137
million, and $158 million as 7,136 5,178 6,961
of
September 30, 2026, December
31, 2025,
and September 30, 2025,
respectively
Inventories 5,095 5,251 5,019
Other current assets 755 678 584
Total current assets 18,094 15,254 16,852
Property, plant and 25,229 24,937 23,783
equipment, net
Equity method investments 415 502 743
Goodwill 13,273 13,099 12,676
Intangible assets, net 2,034 2,048 2,146
Operating lease right-of-use 1,283 1,471 1,412
assets, net
Other noncurrent assets 1,019 1,018 915
Total assets 61,347 58,329 58,527
Liabilities, redeemable
noncontrolling
interests and shareholders’
equity
Current liabilities:
Accounts payable 3,475 3,263 3,156
Accrued expenses 2,046 2,196 2,393
Current portion of long-term 4,820 1,175 3,968
debt
Operating lease liabilities 253 286 257
Other current liabilities 1,807 1,834 1,822
Total current liabilities 12,401 8,754 11,596
Long-term debt 14,804 16,478 14,734
Deferred income tax 3,580 3,511 3,595
liabilities
Noncurrent operating lease 1,071 1,232 1,188
liabilities
Other noncurrent liabilities 3,066 2,876 2,785
Total liabilities 34,922 32,851 33,898
Redeemable noncontrolling 407 430 419
interests
Shareholders’ equity
Preferred stock, €1.27 par
value, nil,
150,000 and 150,000 shares
authorized
and nil, 50,000 and 50,000
shares issued
and outstanding for 5%
preferred stock
and nil, 872,000 and 872,000 – 1 1
shares
authorized, issued and
outstanding for
7% 'A' preferred stock, as of
September
30, 2026, December 31, 2025,
and
September 30, 2025,
respectively
Common stock, €0.32 par
value,
1,250,000,000 shares
authorized;
700,688,292, 706,946,142 and
709,054,314
issued and 665,097,488, 284 286 287
668,630,350 and
670,472,746 outstanding, as
of September
30, 2026, December 31, 2025,
and
September 30, 2025,
respectively
Treasury stock, at cost
(35,590,804,
38,315,792 and 38,581,568
shares of
common stock as of September -1,896 -2,016 -2,027
30, 2026,
December 31, 2025, and
September 30,
2025, respectively)
Additional paid-in capital 320 397 361
Accumulated other -341 -257 -381
comprehensive loss
Retained earnings 26,630 25,593 25,068
Total shareholders’ equity
attributable 24,997 24,004 23,309
to CRH shareholders
Noncontrolling interests 1,021 1,044 901
Total equity 26,018 25,048 24,210
Total liabilities, redeemable
noncontrolling interests and 61,347 58,329 58,527
equity
CRH Q3 2026 Results 9
Exhibit 99.1
Condensed Consolidated Statements of Cash Flows (Unaudited)
(in $ millions)
Nine months ended
September 30
2026 2025
Cash flows from operating
activities:
Net income 2,515 2,753
Adjustments to reconcile net income
to
net cash provided by operating
activities:
Depreciation, depletion, and 1,679 1,566
amortization
Loss on impairments 226 40
Share-based compensation 113 104
Gain on disposals from businesses
and -356 -126
long-lived assets, net
Deferred tax expense 99 175
Loss (income) from equity method 43 -17
investments
Pension and other postretirement 5 17
benefits net periodic benefit cost
Non-cash operating lease costs 241 208
Other items, net 24 5
Changes in operating assets and
liabilities, net of effects of
acquisitions and divestitures:
Accounts receivable, net -2,262 -1,940
Inventories -96 -24
Accounts payable 181 -264
Operating lease liabilities -245 -226
Other assets -373 -163
Other liabilities 502 632
Pension and other postretirement -38 -30
benefits contributions
Dividends received from equity
method 13 –
investments
Net cash provided by operating 2,271 2,710
activities
Cash flows from investing
activities:
Purchases of property, plant and -1,825 -1,892
equipment, and intangibles
Acquisitions, net of cash acquired -1,659 -3,121
Proceeds from divestitures 1,677 52
Proceeds from disposal of
long-lived 139 183
assets
Distributions received from equity – 23
method investments
Settlements of derivatives -5 -72
Deferred divestiture consideration 62 40
received
Other investing activities, net 8 82
Net cash used in investing -1,603 -4,705
activities
CRH Q3 2026 Results 10
Exhibit 99.1
Condensed Consolidated Statements of Cash Flows (Unaudited)
(in $ millions)
Nine months ended
September 30
2026 2025
Cash flows from financing
activities:
Proceeds from debt issuances 5,799 7,760
Payments on debt -3,660 -3,697
Settlements of derivatives -52 120
Payments of finance lease -109 -73
obligations
Deferred and contingent acquisition -20 -28
consideration paid
Dividends paid -781 -749
Distributions to noncontrolling and -70 -31
redeemable noncontrolling interests
Transactions involving
noncontrolling -24 2
interests
Repurchases of common stock -693 -930
Amounts related to employee share -71 -55
plans
Net cash provided by financing 319 2,319
activities
Effect of exchange rate changes on
cash -26 205
and cash equivalents, including
restricted cash
Increase in cash and cash
equivalents, 961 529
including restricted cash
Cash and cash equivalents and
restricted 4,147 3,759
cash at the beginning of period
Cash and cash equivalents and
restricted 5,108 4,288
cash at the end of period
Supplemental cash flow information:
Cash paid for interest (including 599 494
finance leases)
Cash paid for income taxes 495 380
Reconciliation of cash and cash
equivalents and restricted cash
Cash and cash equivalents presented
in 5,108 4,198
the Condensed Consolidated Balance
Sheets
Restricted cash presented in the
Condensed Consolidated Balance – 90
Sheets
Total cash and cash equivalents and
restricted cash presented in the
Condensed Consolidated Statements 5,108 4,288
of
Cash Flows
CRH Q3 2026 Results 11
Exhibit 99.1
Appendix 3 - Non-GAAP Reconciliation and Supplementary Information
CRH uses a number of non-GAAP financial measures to monitor financial
performance. These measures are referred to throughout the discussion of our
reported financial position and operating performance on a continuing operations
basis unless otherwise defined and are measures which are regularly reviewed by
CRH management. These financial measures may not be uniformly defined by all
companies and accordingly may not be directly comparable with similarly titled
measures and disclosures by other companies.
Certain information presented is derived from amounts calculated in accordance
with U.S. GAAP but is not itself an expressly permitted GAAP measure. The non-
GAAP financial measures as summarized below should not be viewed in isolation or
as an alternative to the most directly comparable GAAP measure.
Adjusted EBITDA: Adjusted EBITDA is defined as earnings from continuing
operations before interest, taxes, depreciation, depletion, amortization, Loss
on impairments, gain/loss on divestitures and investments, Income/loss from
equity method investments, substantial acquisition and integration-related
costs, pension expense/income excluding current service cost component and
transformation-related costs. It is quoted by management in conjunction with
other GAAP and non-GAAP financial measures to aid investors in their analysis of
the performance of the Company. During the third quarter of 2026, the Company
revised its definition of Adjusted EBITDA to exclude substantial acquisition-
related integration costs and transformation-related costs. Management believes
this revised measure provides a more meaningful representation of performance by
excluding non-routine costs that are not reflective of the Company's underlying
performance and may affect comparability. Adjusted EBITDA by segment is
monitored by management in order to allocate resources between segments and to
assess performance .
Adjusted EBITDA margin
is calculated by expressing Adjusted EBITDA as a percentage of Total revenues.
Reconciliation to its most directly comparable GAAP measure is presented below:
Three Nine
months months
ended ended
September September
30 30
in $ 2026 2025 2026 2025
millions
Net 1,184 1,519 2,515 2,753
income
Loss
(income)
from
equity 41 -26 43 -17
method
investme…
(i)
Income
tax 494 428 1,100 795
expense
(Gain)
loss on
divestit… -3 -4 -263 38
and
investme…
(ii)
Pension
income
excluding
current -4 -5 -22 -14
service
cost
component
(ii)
Other
interest, -3 -3 -3 -7
net (ii)
Interest -22 -37 -65 -104
income
Interest 209 209 632 590
expense
Deprecia…
depletion 555 561 1,679 1,566
and
amortiza…
Loss on
impairme… 178 40 226 40
(i)
Substant…
acquisit…
and 4 13 4 13
integrat…
costs
(iii)
Transfor…
costs 49 – 49 –
(iv)
Adjusted 2,682 2,695 5,895 5,653
EBITDA
Total 11,396 11,069 29,543 28,031
revenues
Net
income 10.4% 13.7% 8.5% 9.8%
margin
Adjusted
EBITDA 23.5% 24.3% 20.0% 20.2%
margin
(i) For
the nine
months
ended
September
30, 2026,
the total
impairme…
loss
including
tax
impact
comprised
of $282
million,
principa…
related
to a
goodwill
impairme…
recorded
within
Philippi…
reporting
unit
within
Internat…
Solution…
and the
equity
method
investme…
in China.
(ii)
(Gain)
loss on
divestit…
and
investme…
pension
income
excluding
current
service
cost
component
and other
interest,
net have
been
included
in
Other
nonopera…
income
(expense…
net
in the
Condensed
Consolid…
Statemen…
of
Income.
(iii)
Represen…
expenses
associat…
with
non-rout…
substant…
acquisit…
which
meet the
criteria
for being
separate…
reported
in Note 4
“Acquisi…
of the
unaudited
financial
statemen…
as well
as other
acquisit…
and
integrat…
costs of
an
extraord…
nature.
Expenses
in Q3
2026 and
Q3 2025
primarily
include
legal,
consulti…
and tax
expenses
related
to these
acquisit…
(iv)
Represen…
non-rout…
transfor…
costs
associat…
with the
implemen…
of
Velocity.
CRH Q3 2026 Results 12
Exhibit 99.1
Reconciliation to the most directly comparable GAAP measure for the mid-point of
the 2026 Adjusted EBITDA guidance is presented below:
Updated Guidance Previous Guidance
in $ billions 2026 2026
Mid-Point Mid-Point
Net income 3.2 4.0
Income tax expense 1.2 1.4
Interest expense, net 0.8 0.7
Depreciation, depletion and 2.3 2.3
amortization
Loss on impairments (i) 0.2 –
(Gain) on divestitures and -0.3 -0.3
investments
Substantial acquisition and 0.2 –
integration-related costs
Other (ii) 0.3 0.2
Adjusted EBITDA 7.9 8.3
(i) Reflective of the impairment of
property, plant and equipment and
intangible assets, as reported for
the
nine months ended September 30,
2026.
(ii) Other primarily relates to
Loss
(income) from equity method
investments,
pension income excluding current
service
cost component and
transformation-related costs.
Net Debt: Net Debt is used by management as it gives additional insight into the
Company’s current debt position less available cash. Net Debt is provided to
enable investors to see the economic effect of gross debt, related hedges and
cash and cash equivalents in total. Net Debt comprises short and long-term debt,
finance lease liabilities, cash and cash equivalents and current and noncurrent
derivative financial instruments (net).
Reconciliation to its most directly comparable GAAP measure is presented below:
September 30 December 31 September 30
in $ millions 2026 2025 2025
Short and long-term debt -19,624 -17,653 -18,702
Cash and cash equivalents 5,108 4,096 4,198
Finance lease liabilities -633 -534 -506
Derivative financial 105 -60 4
instruments (net)
Net Debt -15,044 -14,151 -15,006
Organic Revenues and Organic Adjusted EBITDA: Because of the impact of
acquisitions, divestitures, currency exchange translation and other non-
recurring items on reported results each reporting period, CRH uses organic
revenues and organic Adjusted EBITDA as additional performance indicators to
assess performance of pre-existing (also referred to as underlying, like-for-
like or ongoing) operations each reporting period.
Organic revenues and organic Adjusted EBITDA are arrived at by excluding the
incremental revenues and Adjusted EBITDA contributions from current and prior
year acquisitions and divestitures, the impact of exchange translation, and the
impact of any one-off items. Changes in organic revenues and organic Adjusted
EBITDA are presented as additional measures of revenues and Adjusted EBITDA to
provide a greater understanding of the performance of the Company. Organic
change % is calculated by expressing the organic movement as a percentage of the
prior year (adjusted for currency exchange effects). A reconciliation of the
changes in organic revenues and organic Adjusted EBITDA to the changes in Total
revenues and Adjusted EBITDA by segment, is presented in Appendix 1.
Diluted
EPS pre‑impairment: Diluted EPS pre‑impairment is a measure of the Company's
profitability per Common Share from continuing operations excluding any Loss on
impairments (which is non-cash) and the related tax impact of such impairments.
It is used by management to evaluate the Company's underlying profit performance
and its own past performance. Diluted EPS information presented on a
pre‑impairment basis is useful to investors as it provides an insight into the
Company's underlying performance and profitability. Diluted EPS pre‑impairment
is calculated as Net income (loss) adjusted for (i) Net (income) loss
attributable to redeemable noncontrolling interests (ii) Net (income) loss
attributable to noncontrolling interests (iii) adjustment of redeemable
noncontrolling interests to redemption value and excluding any Loss on
impairments (and the related tax impact of such impairments) divided by the
diluted weighted average number of Common Shares outstanding for the respective
period.
CRH Q3 2026 Results 13
Exhibit 99.1
Reconciliation to its most directly comparable GAAP measure is presented below:
T… Ni…
m… mo…
e… en…
S… Se…
30 30
…
$
… P… P… P… Per
… S… S… S… Sh…
… 2… - 20… - 20… - 2… -
… d… d… d… di…
…
…
…
…
…
…
… 6… 6… 6… 67…
…
–
…
… 1… $… 1… $… 2… $… 2,… $4…
…
…
…
…
… -9 -… -… -… -… -… -18 -$…
…
…
…
…
…
…
… 70 $… -6 -… 59 $… -7 -$…
…
…
…
…
…
…
… -7 -… -7 -… -… -… -20 -$…
…
…
…
…
…
…
…
… 1… $… 1… $… 2… $… 2,… $3…
…
…
…
…
…
…
…
… 98 $… 40 $… 146 $… 40 $0…
…
…
…
…
…
…
…
… 56 $… – – 56 $… – –
…
…
…
…
…
…
…
…
… 1… $… 1… $… 2… $… 2,… $4…
…
…
–
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
…
Adjusted Diluted
EPS: Management has introduced Adjusted Diluted EPS, a non-GAAP financial
measure, as of this update to 2026 guidance, following the Arcosa Acquisition,
and the launch of a company-wide transformation initiative under Velocity.
Management expects these activities to give rise to acquisition, integration and
transformation-related costs, that management believes reduces the comparability
of the Company’s results across periods. Adjusted Diluted EPS adjusts for items
that affect comparability on a period-to-period basis, including substantial
acquisition and integration-related costs, transformation-related costs, Loss on
impairments, gain/loss on divestitures and investments, pension expense/income
excluding current service cost component, and the related tax impact of such
adjustments. An adjustment is also included for the after-tax impact of
amortization of acquired intangible assets because the amount and timing of this
expense is impacted by the timing, size, number and nature of acquisitions
completed. Management uses Adjusted Diluted EPS, together with Diluted EPS, to
evaluate the Company’s underlying profit performance and intends to present it
on a consistent basis in future periods. Adjusted Diluted EPS differs from
Diluted EPS pre-impairment which continues to be presented for actual results
for the third quarter of 2026.
Management believes these adjustments provide investors with a meaningful,
consistent comparison of our underlying performance and profitability. Adjusted
Diluted EPS should not be considered in isolation or as an alternative to
Diluted EPS calculated in accordance with U.S. GAAP and may not be comparable to
similarly titled measures used by other companies.
Reconciliation to the most directly comparable GAAP measure for the mid-point of
the 2026 Adjusted Diluted EPS guidance is presented below:
in $ billions, except share and 2026 Per Share - diluted
per Mid-point Mid-point
share data
Weighted average common shares 670.5
outstanding – diluted
Net income 3.2 $4.83
Net (income) attributable to
redeemable – -$0.04
noncontrolling interests
Net loss attributable to
noncontrolling 0.1 $0.06
interests
Adjustment of redeemable
noncontrolling -0.1 -$0.11
interests to redemption value
Net income attributable to CRH 3.2 $4.74
for EPS
Loss on impairments (net of tax) 0.2 $0.30
(i)
(Gain) on divestitures and -0.3 -$0.41
investments
Substantial acquisition and 0.2 $0.28
integration-related costs
Amortization of acquired 0.2 $0.29
intangibles
Other (ii) 0.2 $0.28
Net income attributable to CRH
for 3.7 $5.48
Adjusted EPS
(i) Reflective of CRH’s share of
impairment of property, plant and
equipment, intangible assets and
equity
method investments including tax
impact,
as reported for the nine months
ended
September 30, 2026.
(ii) Other primarily relates to
pension
income excluding current service
cost
component, transformation-related
costs
and tax related to the above
adjustments.
CRH Q3 2026 Results 14
Exhibit 99.1
Appendix 4 - Disclaimer/Forward-Looking Statements
In reliance upon the “Safe Harbor” provisions of the United States Private
Securities Litigation Reform Act of 1995, CRH is providing the following
cautionary statement.
This document contains statements that are, or may be deemed to be, forward-
looking statements with respect to the financial condition, results of
operations, business, viability and future performance of CRH and certain of the
plans and objectives of CRH. These forward-looking statements may generally, but
not always, be identified by the use of words such as “will”, “anticipates”,
“should”, “could”, “would”, “targets”, “aims”, “may”, “continues”, “expects”,
“is expected to”, “estimates”, “believes”, “intends” or similar expressions.
These forward-looking statements include all matters that are not historical
facts or matters of fact at the date of this document.
In particular, the following, among other statements, are all forward-looking in
nature: plans and expectations regarding CRH's outlook for 2026 and 2027,
including market dynamics and demand among CRH's platforms; plans and
expectations regarding public investment in infrastructure and continued
reindustrialization activity; plans and expectations regarding pricing momentum,
costs, demand, and trends in residential and non-residential markets and
macroeconomic and other market trends and dynamics in key end-markets and other
regions where CRH operates; expectations with respect to the impact of further
potential changes to global trade policies; plans and expectations regarding
acquisitions and divestitures; statements regarding the Arcosa Acquisition,
including expected synergies, accretion and financial impact; CRH’s expected
financial performance following the completion of the Arcosa Acquisition;
statements regarding the M&A pipeline and other value-accretive opportunities;
statements regarding the reallocation of capital; plans and expectations
regarding return of cash to shareholders, including the timing, consistency and
amount of share buybacks and dividends; plans and expectations regarding
Velocity, including expected run-rate benefits, costs, timing and impacts; plans
and expectations regarding the new share buyback program; expectations regarding
CRH's credit rating; and plans and expectations regarding CRH's 2026 full year
performance, including net income, Adjusted EBITDA, Diluted EPS, Adjusted
Diluted EPS, capital expenditures, assumed interest expense, assumed effective
tax rate, expected transformation-related and acquisition and integration-
related costs.
By their nature, forward-looking statements involve risk and uncertainty because
they relate to events and depend on circumstances that may or may not occur in
the future and reflect the Company’s current expectations and assumptions as to
such future events and circumstances that may not prove accurate. You are
cautioned not to place undue reliance on any forward-looking statements. These
forward-looking statements are made as of the date of this document. The Company
expressly disclaims any obligation or undertaking to publicly update or revise
these forward-looking statements other than as required by applicable law.
A number of material factors could cause actual results and developments to
differ materially from those expressed or implied by these forward-looking
statements, certain of which are beyond our control, and which include, but are
not limited to: economic and financial conditions, including changes in interest
rates, inflation, price volatility and/or labor and materials shortages; demand
for infrastructure, residential and non-residential construction and our
products in geographic markets in which we operate; increased competition and
its impact on prices and market position; increases in energy, labor and/or
other raw materials costs; adverse changes to laws and regulations, including in
relation to climate change; the impact of unfavorable weather; investor and/or
consumer sentiment regarding the importance of sustainable practices and
products; availability of public sector funding for infrastructure programs;
political uncertainty, including as a result of political and social conditions
in the jurisdictions CRH operates in, or adverse political developments,
including the ongoing geopolitical conflicts in Ukraine and the Middle East;
failure to complete or successfully integrate acquisitions or make timely
divestitures; cyber-attacks and exposure of associates, contractors, customers,
suppliers and other individuals to health and safety risks, including due to
product failures; risks that the Arcosa Acquisition disrupts CRH’s current plans
and operations; the ability to integrate Arcosa successfully and to recognize
the anticipated benefits of the Arcosa Acquisition; the amount of costs, fees,
expenses and charges related to the Arcosa Acquisition; the indebtedness
incurred to finance the Arcosa Acquisition and its effect on CRH’s financial
condition; the failure to realize the anticipated benefits of Velocity, or
higher than expected costs or disruption associated with its implementation;
diversion of management’s attention from ongoing business operations and
opportunities; potential litigation relating to the Arcosa Acquisition; the
effect of the Arcosa Acquisition on CRH’s and Arcosa’s business relationships,
operating results and business generally. Additional factors, risks and
uncertainties that could cause actual outcomes and results to be materially
different from those expressed by the forward-looking statements in this
document including, but not limited to, the risks and uncertainties described
herein and in “Risk Factors” in the 2025 Form 10-K and in our other filings with
the SEC.
CRH Q3 2026 Results 15