Summary
CRH PUBLIC LTD CO (CRH) reported its first quarter results for 2026, showing a 9% increase in total revenues to $7.4 billion, driven by positive underlying demand, strategic acquisitions, and disciplined commercial execution. Despite revenue growth, the company reported a net loss of $180 million, an increase from the $98 million net loss in the prior year's first quarter. This widened loss is partly attributable to a $48 million impairment charge related to assets held for sale in the International Solutions segment and increased interest expenses due to higher gross debt balances. Operationally, Adjusted EBITDA saw a robust 18% increase to $586 million, with an improved Adjusted EBITDA margin of 8.0%, up from 7.3% in the prior year. This indicates strong underlying profitability despite the net loss. The company continued its capital allocation strategy by returning $0.3 billion to shareholders through share buybacks and declared a quarterly dividend of $0.39 per share. Strategic acquisitions remain a key focus, with five companies acquired for $0.1 billion in the quarter, though at a lower pace than the prior year. The outlook for 2026 remains positive, supported by favorable demand in key end-markets and a strong balance sheet.
Financial Highlights
52 data points| Revenue | $7.37B |
| Cost of Revenue | $5.33B |
| Gross Profit | $2.04B |
| SG&A Expenses | $2.06B |
| Operating Income | -$38.00M |
| Net Income | -$176.00M |
| EPS (Basic) | $-0.27 |
| EPS (Diluted) | $-0.27 |
| Shares Outstanding (Basic) | 668.50M |
| Shares Outstanding (Diluted) | 668.50M |
Key Highlights
- 1Total revenues increased by 9% to $7.4 billion in Q1 2026 compared to Q1 2025, driven by demand and acquisitions.
- 2Net loss widened to $180 million in Q1 2026 from $98 million in Q1 2025, impacted by a $48 million impairment charge and higher interest expenses.
- 3Adjusted EBITDA, a key non-GAAP measure of operational profitability, increased by 18% to $586 million, with the Adjusted EBITDA margin improving to 8.0%.
- 4The company repurchased $0.3 billion of its common stock and declared a quarterly dividend of $0.39 per share, reflecting continued capital return to shareholders.
- 5Acquisition activity continued, with five companies acquired for $0.1 billion, though at a slower pace than the previous year.
- 6Significant debt management and refinancing activities are ongoing, with total long-term debt increasing to $16.1 billion as of March 31, 2026.
- 7Two significant divestitures (construction accessories and lawn and garden operations) are expected to close in Q2 2026, with assets totaling $1.8 billion reclassified as held for sale.