AI English summary of an SEC filing — figures as filed
CRH said 2024 total revenues were $35.6 billion, compared with $34.9 billion in 2023, net income was $3.5 billion, compared with $3.1 billion in 2023, and Adjusted EBITDA was $6.9 billion, compared with $6.2 billion in 2023.
Key points
AI summaryCRH said 2024 total revenues were $35.6 billion, compared with $34.9 billion in 2023, net income was $3.5 billion, compared with $3.1 billion in 2023, and Adjusted EBITDA was $6.9 billion, compared with $6.2 billion in 2023.
The company said 2024 gross profit was $12.7 billion with a gross profit margin of 35.7%, compared with 34.2% in the prior year. It added that energy costs decreased 18% and labor costs increased 6%.
CRH said it completed 40 acquisitions for a total consideration of $5.0 billion in 2024, with the largest being the acquisition of cement and readymixed concrete operations in Texas for $2.1 billion. The company completed 10 divestitures and realized proceeds of $1.4 billion, primarily related to the divestiture of European Lime operations.
CRH said 2024 operating cash flow was $5.0 billion, in line with 2023, and cash paid to shareholders was $1.7 billion through dividends and $1.3 billion through share buybacks.
Key figures
Fiscal year ended December 31, 2024
- Revenue
- $35.6B
- Operating income
- $4.9B
- Net income
- $3.5B
- EPS
- $5.02
- Gross profit
- $12.7B
- Operating cash flow
- $5.0B
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Annual revenues, net income and adjusted EBITDA
CRH said 2024 total revenues were $35.6 billion, compared with $34.9 billion in 2023, net income was $3.5 billion, compared with $3.1 billion in 2023, and Adjusted EBITDA was $6.9 billion, compared with $6.2 billion in 2023.
Source · Based on the MD&A text of the filing
Gross profit margin and cost items
The company said 2024 gross profit was $12.7 billion with a gross profit margin of 35.7%, compared with 34.2% in the prior year. It added that energy costs decreased 18% and labor costs increased 6%.
Source · Based on the MD&A text of the filing
2024 acquisitions and divestitures
CRH said it completed 40 acquisitions for a total consideration of $5.0 billion in 2024, with the largest being the acquisition of cement and readymixed concrete operations in Texas for $2.1 billion. The company completed 10 divestitures and realized proceeds of $1.4 billion, primarily related to the divestiture of European Lime operations.
Source · Based on the MD&A text of the filing
Operating cash flow and shareholder returns
CRH said 2024 operating cash flow was $5.0 billion, in line with 2023, and cash paid to shareholders was $1.7 billion through dividends and $1.3 billion through share buybacks.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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