CRH report results for the fourth quarter and full-year of 2025
Published by Alfie Lloyd-Perks,
Assistant Editor
World Cement,
CRH report fourth quarter and full year 2025 financial results:
Key highlights
- Strong Q4 and FY 2025; continued year-over-year growth in net income (FY 25: +8%) and Adjusted EBITDA (FY 25: +11%).
- Record financial performance backed by Growth Algorithm and the CRH Winning Way.
- Inclusion in the S&P 500 Index, a powerful recognition of scale and market leadership.
- US$4.1bn invested in 38 value-accretive acquisitions; significant financial capacity to capitalise on attractive pipeline.
- US$1.7bn invested in high-return, low-risk growth capex projects, driving organic growth and performance improvement.
- Declaring quarterly dividend of US$0.39 per share (+5% YoY); commencing new US$0.3bn quarterly share buyback.
- 2026 outlook positive across key end-markets; underpinned by the Superior Strategy and Connected Portfolio.
- Expect further growth & value creation with FY 26 Net income of US$3.9bn to US$4.1bn; Adjusted EBITDA of US$8.1bn to US$8.5bn.
Full year 2025 Total revenues of US$37.4 billion (2024: US$35.6 billion) were 5% ahead of the prior year driven by favourable end-market demand, disciplined commercial execution and contributions from acquisitions. Net income of US$3.8 billion (2024: US$3.5 billion) was 8% ahead of the prior year, reflecting a strong underlying operating performance. Adjusted EBITDA of US$7.7 billion (2024: US$6.9 billion) increased by 11% as a result of continued pricing momentum, contributions from acquisitions and disciplined cost control. CRH’s net income margin of 10.1% (2024: 9.9%) and Adjusted EBITDA margin* of 20.5% (2024: 19.5%) were both ahead of the prior year.
Jim Mintern, Chief Executive Officer, stated "2025 proved to be a year of significant progress for CRH, with double-digit Adjusted EBITDA growth and a 12th consecutive year of margin expansion delivering another record performance and reinforcing our position as the leading compounder of capital in our industry. Our balance sheet strength, cash generation capabilities and disciplined approach to capital allocation enabled us to deploy US$5.8 billion in value-accretive growth investments across our connected portfolio while also returning US$2.2 billion to shareholders through dividends and share buybacks. We enter 2026 with confidence and expect favourable end-market dynamics as well as the continued execution of our superior strategy to underpin another year of growth and value creation for our shareholders.”
Three months ended December 31, 2025
Americas Materials Solutions': Total revenues were 9% ahead of Q4 2024, driven by good underlying activity levels, positive pricing momentum and contributions from acquisitions. Adjusted EBITDA increased by 9% year-on-year, reflecting disciplined cost management, positive underlying demand and contributions from acquisitions.
Americas Building Solutions': Total revenues were 1% behind Q4 2024, with strong demand in the energy and communication sectors, in addition to contributions from acquisitions, offset by ongoing subdued residential demand and adverse weather impacting certain markets. Adjusted EBITDA was 2% ahead of the prior year, primarily driven by good cost management and contributions from acquisitions.
International Solutions': Total revenues were 6% ahead of Q4 2024, as contributions from acquisitions and positive pricing momentum offset the impact of recent divestitures. Adjusted EBITDA was 33% ahead of the prior year, benefiting from improved operational efficiencies, the integration of acquisitions and business optimisation initiatives.
Year ended December 31, 2025
Americas Materials Solutions': Total revenues were 5% ahead of the prior year, driven by contributions from acquisitions, pricing progress and improved volumes in the second half of the year. Adjusted EBITDA increased by 7% year-on-year, reflecting disciplined cost management, operational efficiencies and contributions from acquisitions.
Americas Building Solutions': Total revenues were 1% ahead of the prior year, driven by good contributions from acquisitions and increased demand in the energy sector. Adjusted EBITDA was 6% ahead of the prior year reflecting the benefits of ongoing business improvements and asset optimisation initiatives.
International Solutions': Total revenues were 8% ahead of the prior year, driven by favourable pricing and contributions from acquisitions. Adjusted EBITDA was 23% ahead of the prior year, with contributions from acquisitions, pricing progress and operational efficiencies driving improvement.
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Read the article online at: https://www.worldcement.com/europe-cis/19022026/crh-report-results-for-the-fourth-quarter-and-full-year-of-2025/
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