CRHCRH PUBLIC LTD CO

Cement, Hydraulic

Revenue: $37.4B; 5.3% YoY
Operating margin: 14.5%; 4.9% YoY
EBITDA: $7.6B; 13% YoY
Market cap: $60.4B
Employees: 83,032; $451K revenue each
Net debt / EBITDA: 1.9×; $14.4B net debt
AI in 10-K: 0.6; mentions per 10K words

Takeover score 1 of 13

Fixable underperformance 0 of 7

TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
150% of net income
Cash flow under 80% of net income
Dilutive SBCNo
0% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
21% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
22% of assets
Over 40% of assets
Shareholder dissentNo
—
Any vote under 80% support

Buyer economics 1 of 4

Low revenue per employeeNo
$451K per employee
Bottom quartile of its SIC industry
Quiet on AIYes
0.6 per 10K words · 25th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
1.9× EBITDA net debt
More cash than debt, positive EBITDA
Buyout-sizedNo
$60.4B market cap
Market cap $500M–$5B

Catalysts 0 of 2

Active 13DNo
0 filings
Active-intent 13D in 18 months
Net insider sellingNo
$445K net
Net sales over $10M in 12 months

Financials

Metric	FY2021	FY2022	FY2023	FY2024	FY2025	YoY	Trend
Revenue	$29.2B	$32.7B	$34.9B	$35.6B	$37.4B	5.3%
Operating income	$3.3B	$3.8B	$4.2B	$4.9B	$5.4B	10%
Net income	$2.6B	$3.9B	$3.2B	$3.5B	$3.8B	7.5%
Operating cash flow	$4.0B	$3.8B	$5.0B	$5.0B	$5.6B	13%
Capex	$1.6B	$1.5B	$1.8B	$2.6B	$2.7B	5.2%
Stock-based comp	$110M	$101M	$123M	$125M	$143M	14%
Buybacks	$896M	$1.2B	$3.1B	$1.5B	$1.2B	20%

Deal filings

None.

13D filers

None on file.

Insider trading

Open-market buys, 12 mo: $601K · 2
Open-market sells, 12 mo: $156K · 1
Net: $445K

Pay vs performance

No pay-versus-performance disclosure yet.