CRH plc
Sector unknown·CRH · USA (SEC 10-K)·Fiscal year to 31/12/2025
Business Overview CRH is the leading provider of building materials critical to modernizing infrastructure. With our team of 83,032 people across 3,961 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.
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Circular economy and recycling
Regulation
DriverPositive impact: strengthens
“We operate in competitive markets with customers continuously pushing suppliers to deliver new, innovative products and solutions that enable them to work more efficiently, reduce their environmental footprint and realize greater cost savings. This is especially so in relation to changing customer preferences and demands for high-performance sustainability solutions with enhanced emissions and/or circularity profiles, including those with greater recycled content and/or innovations to existing products, that help them to deliver on their own climate and/or emissions-related commitments.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Our sustainability framework identifies three areas: water, circularity, and decarbonization where CRH’s connected portfolio of essential materials, infrastructure products, and value-added services positions us to capture further value and accelerate growth. •Water: addressing the urgent need to modernize and expand water infrastructure through engineered solutions and management systems for water-resilient communities. •Circularity: reimagining the way materials are used, including recycling and reusing construction and waste materials to create value, protect our asset base and extend the life of our reserves. •Decarbonization: developing innovative solutions that support the construction of resilient, lower-carbon buildings and infrastructure.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“CRH is continuing to advance its contribution to the circular economy, preserving scarce natural resources and using more recycled materials in construction. In 2025, CRH recycled 51.2 million tonnes of wastes and by-products, sourced internally and from other industries, for use as alternative materials and fuels in its products and processes (2024: 44.7 million tonnes).”
Annual report 2025A · The company itself
Market
“Asphalt Asphalt consists of aggregates bound together with bitumen and is widely used as a surface material in roads, bridges, airport runways, sidewalks and other amenities. In recent years, the use of recycled materials in asphalt has increased considerably. Using materials from existing road surfaces to produce new asphalt reduces the demand for virgin material, extends the life of our aggregates reserves and contributes to reducing the carbon footprint of the product.”
Annual report 2025A · The company itself
Chains in: EU climate and energy policy strengthens
Consumer preference shifts
End markets
DriverPositive impact: strengthens
“We operate in competitive markets with customers continuously pushing suppliers to deliver new, innovative products and solutions that enable them to work more efficiently, reduce their environmental footprint and realize greater cost savings. This is especially so in relation to changing customer preferences and demands for high-performance sustainability solutions with enhanced emissions and/or circularity profiles, including those with greater recycled content and/or innovations to existing products, that help them to deliver on their own climate and/or emissions-related commitments.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“CRH’s connected portfolio of essential materials, infrastructure products, and value-added services play an important role in shaping a more resilient built environment and in 2025, revenues from products with enhanced sustainability attributes3 were $15.7 billion, an increase of 7% compared with 2024.”
Annual report 2025A · The company itself
Chains out: this mixed effect Beer and beverages
Cement and building materials
Raw materials and inputs
Market
“Business Overview CRH is the leading provider of building materials critical to modernizing infrastructure. With our team of 83,032 people across 3,961 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.”
Annual report 2025A · The company itself
Market
“Americas Materials Solutions Americas Materials Solutions manufactures and supplies building materials for the construction and maintenance of public and private infrastructure, commercial and industrial applications, and residential buildings in North America. The primary materials produced by this segment include aggregates, cementitious materials, readymixed concrete and asphalt.”
Annual report 2025A · The company itself
Market
“Aggregates Aggregates are naturally occurring mineral deposits such as granite, limestone and sandstone. CRH extracts these deposits and processes them for sale as aggregates products such as crushed stone, sand and gravel. Typically, aggregates are used in road and rail infrastructure, building foundations and in the production of products including concrete and asphalt.”
Annual report 2025A · The company itself
Market
“Annualized aggregates sales volumes1 in 2025 were 380.7 million tons of which the Americas Division and International Division were 231.1 million tons and 149.6 million tons, respectively.”
Annual report 2025A · The company itself
Market
“CRH FORM 10-K Concrete Concrete is a highly versatile building material, comprised of aggregates bound together with cement and water. Readymixed concrete is the most commonly used form of concrete. It forms the foundations of buildings and homes, roads, tunnels and bridges, water management systems and clean energy structures.”
Annual report 2025A · The company itself
Market
“Annualized readymixed concrete sales volumes2 in 2025 were 39.5 million cubic yards of which the Americas Division and International Division were 16.7 million cubic yards and 22.8 million cubic yards, respectively.”
Annual report 2025A · The company itself
Market
“Asphalt Asphalt consists of aggregates bound together with bitumen and is widely used as a surface material in roads, bridges, airport runways, sidewalks and other amenities. In recent years, the use of recycled materials in asphalt has increased considerably. Using materials from existing road surfaces to produce new asphalt reduces the demand for virgin material, extends the life of our aggregates reserves and contributes to reducing the carbon footprint of the product.”
Annual report 2025A · The company itself
Market
“Annualized asphalt sales volumes2 in 2025 were 62.8 million tons of which the Americas Division and International Division were 52.9 million tons and 9.9 million tons, respectively.”
Annual report 2025A · The company itself
Market
“Significant building materials operating locations for CRH’s subsidiaries, as of December 31, 2025, are the cementitious facilities in the United States, Canada, United Kingdom, Ireland, France, Poland, Ukraine, Romania, Slovakia, Australia, and the Philippines. These facilities include plant and equipment such as kilns, crushers, calciners, coolers, and silos used to process limestone and other raw materials into cement as well as equipment used to extract and transport limestone from CRH quarries.”
Annual report 2025A · The company itself
Market
“The clinker (the key intermediate product in the manufacture of cement) capacity for our significant building material locations is set out in the table below: Country Number of Plants Average Clinker Capacity (tons per hour) Americas Materials Solutions South United States 4 602 West United States 6 780 Great Lakes United States, Canada 2 298 International Solutions Western Europe United Kingdom, Ireland, France Poland, Ukraine, Romania, Slovakia 8 1,712 Australia Australia 2 204 Philippines Philippines 5 714 During 2025, CRH’s material cement kilns operated on average at 72% utilization.”
Annual report 2025A · The company itself
Market
“CRH FORM 10-K Mineral Reserves and Resources Background CRH’s mineral reserves (reserves) and mineral resources (resources) for the production of primary building materials (which encompasses aggregates (crushed stone, sand and gravel), cement and lime, asphalt, readymixed concrete and concrete products) fall into a variety of categories spanning a wide number of rock types and geological classifications.”
Annual report 2025A · The company itself
Chains in: Carbon tax and ETS prices weakens, Reconstruction of Ukraine strengthens
Construction
End markets
Market
“Building Products CRH’s connected portfolio utilizes our essential materials to produce a range of value-added building products. These include the manufacturing of concrete and polymer-based products such as underground vaults, drainage systems, enclosures and modular precast structures. These are typically supplied to the transportation, water, energy and telecommunications markets, in addition to complex reindustrialization projects.”
Annual report 2025A · The company itself
Market
“CRH also manufactures a variety of concrete masonry, hardscape and related products including pavers, blocks and curbs, retaining walls and slabs. Further CRH produces fencing and railing systems, lawn and garden products and packaged concrete mixes. These products are supplied to residential, commercial and do-it-yourself (DIY) construction markets.”
Annual report 2025A · The company itself
Market
“60% of Total revenues came from sales to new-build construction, while 40% of Total revenues came from repair and remodel activity.”
Annual report 2025A · The company itself
Market
“Customers typically range from national, regional and local governments to contractors and other construction product and service providers.”
Annual report 2025A · The company itself
Market
“Construction Contracts A number of our projects/contracts are complex, spanning multiple parties, years and/or products, and our future financial results may be adversely affected if we incorrectly forecast project budgets, deliver projects that do not meet contracted standards, or fail to deliver on time. Across the Company’s business lines, we enter into contracts for complex, multi-year projects that comprise multiple product lines and as such are exposed to inherent risks related to forecasting and budgeting, project management and delivery, and quality control.”
Annual report 2025A · The company itself
Chains in: Interest rates weakens, Housing market strengthens, Public investment and infrastructure strengthens, Business cycle and GDP growth strengthens, Reconstruction of Ukraine strengthens
Artificial intelligence
Technology
StrategyPositive impact: strengthens
“Our strategic investment in VODA.ai expands our capabilities in water asset management with Artificial Intelligence (AI)-driven technology.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“To date, research initiatives across the Company include hydrogen use, CO2 mineralization projects, novel cements, AI technology and Carbon Capture Usage and Storage (CCUS); •CRH Ventures, the Company’s venture capital arm, invests in, and partners with, construction technology and climate technology companies across the construction value chain to pilot and scale new technologies and innovations that will enable safer, smarter and more sustainable construction; and •CRH’s internal innovation network provides expertise and leadership to identify and analyze global market and construction trends and new growth opportunities.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“CRH, through its $250 million Venturing and Innovation Fund, makes investments in early-stage ventures focused on construction, sustainability and digitalization technology whose products and services may offer us future competitive advantage.”
Annual report 2025A · The company itself
Chains out: this strengthens Data centres, strengthens Semiconductors and electronic components, strengthens Semiconductor industry
Automotive
End markets
Market
“Road Solutions CRH is a leading provider of materials, products and services for road construction in North America and Europe.”
Annual report 2025A · The company itself
Market
“CRH’s leading positions of scale serve transportation and critical infrastructure, reindustrialization projects and commercial and residential construction activity.”
Annual report 2025A · The company itself
Digitalisation
Technology
InputNegative impact: weakens
“The Company makes significant capital investments in information and operational technology, and systems to promote operational efficiency and maintain competitive advantage. Some of these investments relate to complex, multi-year technology deployments that require specialist customization and project management to deliver expected value (including Enterprise Reporting Program (ERP) and industrial control systems deployments and upgrades).”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“CRH, through its $250 million Venturing and Innovation Fund, makes investments in early-stage ventures focused on construction, sustainability and digitalization technology whose products and services may offer us future competitive advantage.”
Annual report 2025A · The company itself
Chains in: Cybersecurity (products and services) strengthens, Public investment and infrastructure strengthens
Chains out: this strengthens IT consulting and public-sector IT
M&A and consolidation
Macro
StrategyPositive impact: strengthens
“CRH has a proven track record of growing and creating value through acquisition with over 1,250 deals completed in our history.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“The Company’s acquisition strategy depends on successfully identifying and acquiring suitable assets at prices that satisfy our stringent cash flow and return on investment criteria. The Company may not be able to identify such companies, and, even if identified, may not be able to acquire them because of a variety of factors including the outcome of due diligence processes, the ability to raise required funds on acceptable terms, regulatory approvals (including in certain instances from competition authorities) and competition for transactions from peers and other entities acquiring companies in the building materials sector.”
Annual report 2025A · The company itself
Water
Raw materials and inputs
StrategyPositive impact: strengthens
“Our sustainability framework identifies three areas: water, circularity, and decarbonization where CRH’s connected portfolio of essential materials, infrastructure products, and value-added services positions us to capture further value and accelerate growth. •Water: addressing the urgent need to modernize and expand water infrastructure through engineered solutions and management systems for water-resilient communities. •Circularity: reimagining the way materials are used, including recycling and reusing construction and waste materials to create value, protect our asset base and extend the life of our reserves. •Decarbonization: developing innovative solutions that support the construction of resilient, lower-carbon buildings and infrastructure.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Our strategic investment in VODA.ai expands our capabilities in water asset management with Artificial Intelligence (AI)-driven technology.”
Annual report 2025A · The company itself
Aviation and travel
End markets
Market
“Road Solutions CRH is a leading provider of materials, products and services for road construction in North America and Europe.”
Annual report 2025A · The company itself
Chains in: Fuel strengthens, Pandemics and outbreaks weakens
Consumer spending
Macro
Market
“CRH also manufactures a variety of concrete masonry, hardscape and related products including pavers, blocks and curbs, retaining walls and slabs. Further CRH produces fencing and railing systems, lawn and garden products and packaged concrete mixes. These products are supplied to residential, commercial and do-it-yourself (DIY) construction markets.”
Annual report 2025A · The company itself
Chains in: Inflation weakens
Chains out: this strengthens Retail, strengthens Hospitality and leisure, strengthens Premium consumers, strengthens Grocery retail and private label
Public sector
End markets
Market
“Customers typically range from national, regional and local governments to contractors and other construction product and service providers.”
Annual report 2025A · The company itself
Shipping and logistics
End markets
Market
“Our Connected Portfolio CRH’s connected portfolio of value-added building materials, products and services serves transportation and critical infrastructure construction (including highways, bridges, rail, water, energy and telecommunications projects), reindustrialization activity (including manufacturing and data center projects) and commercial and residential markets across North America, Europe and Australia.”
Annual report 2025A · The company itself
Chains in: Carbon tax and ETS prices weakens, Global trade volumes strengthens, Fuel strengthens
Telecoms and 5G
Technology
Market
“Our Connected Portfolio CRH’s connected portfolio of value-added building materials, products and services serves transportation and critical infrastructure construction (including highways, bridges, rail, water, energy and telecommunications projects), reindustrialization activity (including manufacturing and data center projects) and commercial and residential markets across North America, Europe and Australia.”
Annual report 2025A · The company itself
Utilities
End markets
Market
“Our Connected Portfolio CRH’s connected portfolio of value-added building materials, products and services serves transportation and critical infrastructure construction (including highways, bridges, rail, water, energy and telecommunications projects), reindustrialization activity (including manufacturing and data center projects) and commercial and residential markets across North America, Europe and Australia.”
Annual report 2025A · The company itself
Climate change and extreme weather
Macro
DriverNegative impact: weakens
“With a significant proportion of construction activity undertaken outside (e.g. highway construction), demand for and the utilization of the Company's products and services such as cementitious materials, aggregates, asphalt, concrete, and concrete products can be highly seasonal in line with customer demand, and may additionally be impacted by acute and/or chronic changes in global and/or localized weather events/conditions.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Seasonality Activity in the construction industry is dependent to a considerable extent on the seasonal impact of weather on the Company’s operating locations, with periods of higher activity in some markets during spring and summer which may reduce significantly in winter due to inclement conditions and extreme weather events.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“CRH FORM 10-K Climate Change and Policy The impact of climate change may adversely affect CRH’s operations and cost base and the stability of markets in which the Company operates. Risks related to climate change that could affect the Company’s operations and financial performance include both physical risks (such as acute and chronic changes in weather) and transitional risks (such as technological development, policy and regulation change, and market and economic responses). Risks related to climate change that could affect the Company’s operations and/or financial performance are discussed as follows: Physical Acute weather events such as hurricanes or flooding, and chronic events such as increased precipitation, rising sea levels and/or temperatures may have an adverse effect on the Company’s business and operations.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Operational productivity and demand for the Company’s products may be reduced during these weather events leading to reduced financial performance.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“The ongoing, efficient operation of our facilities is often dependent on important pieces of equipment and IT networks/infrastructure. These can present single points of failure and can be difficult to quickly and/or easily replace due to long supply chain lead times and high associated capital costs. It is possible we could experience periodic disruption to equipment availability for a variety of reasons, including accidents, mechanical failures, fires/explosions, and extreme weather conditions.”
Annual report 2025A · The company itself
Chains out: this weakens Agriculture and food production
Public investment and infrastructure
Regulation
DriverPositive impact: strengthens
“The North American market’s positive fundamentals, including significant public investment in infrastructure and private investment in reindustrialization activity, is driving demand for CRH’s connected portfolio of materials, products and services.”
Annual report 2025A · The company itself
DriverPositive impact: strengthens
“In Eastern Europe and Australia we see high-growth potential through strong economic activity, while in Western Europe, CRH’s businesses operate in attractive markets backed by significant public infrastructure spending and region-wide initiatives that promote increased construction activity. In these regions, CRH is experiencing increasing demand for its materials and product offering.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Government Infrastructure Spending CRH’s financial performance may be adversely impacted by reductions or delays in government infrastructure spending. A significant percentage of the Company’s products and/or services is consumed by public infrastructure projects, including the construction of highways and bridges.”
Annual report 2025A · The company itself
DriverPositive impact: strengthens
“This segment capitalizes on secular market trends, including the urgent need to upgrade transportation and water infrastructure, the increased investment in reindustrialization activity and the growing demand for more sustainable construction to provide high-quality durable building products.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“However, government budget deficits might reduce government infrastructure investment and reduce demand for the Company’s products.”
Annual report 2025A · The company itself
Chains in: Reconstruction of Ukraine strengthens
Chains out: this strengthens Construction, strengthens Digitalisation, strengthens IT consulting and public-sector IT
Business cycle and GDP growth
Macro
DriverPositive impact: strengthens
“The North American market’s positive fundamentals, including significant public investment in infrastructure and private investment in reindustrialization activity, is driving demand for CRH’s connected portfolio of materials, products and services.”
Annual report 2025A · The company itself
DriverPositive impact: strengthens
“In Eastern Europe and Australia we see high-growth potential through strong economic activity, while in Western Europe, CRH’s businesses operate in attractive markets backed by significant public infrastructure spending and region-wide initiatives that promote increased construction activity. In these regions, CRH is experiencing increasing demand for its materials and product offering.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Risks Related to Our Industry and Our Business Industry Cyclicality and Economic Conditions CRH’s business depends on construction demand, and construction activity is inherently cyclical and influenced by multiple factors, including global and national economic circumstances (particularly those affecting the infrastructure and construction markets), monetary policy, consumer sentiment, swings in fuel and other input costs, and weather conditions that may, individually or collectively, disrupt outdoor construction activity.”
Annual report 2025A · The company itself
DriverPositive impact: strengthens
“In addition, broader key trends affecting the development of CRH's businesses include: •Population growth and urbanization driving increasing demand for construction and building materials; •Economic development and further investment in infrastructure, non-residential and residential projects; and •The recurring need to maintain, repair and upgrade the built environment as buildings and civil infrastructure age and wear.”
Annual report 2025A · The company itself
Chains out: this strengthens Global trade volumes, strengthens Construction
Electricity
Raw materials and inputs
InputNegative impact: weakens
“CRH is a significant purchaser of certain materials and resources important to its business, including cementitious materials, bitumen, steel, and energy supplies, all of which it acquires at market rates.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“CRH is not dependent on any one source for the supply of these materials and resources, other than in certain jurisdictions with regard to the supply of gas and electricity.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“In addition, CRH may also be negatively impacted by fluctuations in the price of fuel and principal energy-related raw materials, which accounted for approximately 10% of Total revenues in 2025, consistent with 10% in 2024, with no guarantee that the Company will continue to be able to absorb these inflationary pressures.”
Annual report 2025A · The company itself
Chains in: Data centres strengthens, Electrification strengthens
Chains out: this strengthens Power grid expansion
Mining
End markets
DriverNegative impact: weakens
“Any failure to adequately plan for reserve depletion, or accurately forecast future growth markets, could lead to a failure to maintain, and/or acquire and develop required sites, especially given long development lead times, and associated operational stoppages that adversely impact financial performance and cash flows.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Appropriate reserves are increasingly scarce, and licenses and permits required for operations are also becoming harder to secure (e.g. due to increasing resistance from communities that have expanded around potential attractive reserves).”
Annual report 2025A · The company itself
InputNegative impact: weakens
“The Company’s estimate of 27,519 million tons of reserves, as disclosed on page 22 analyzed by rock type (Hard rock, Sand & Gravel, and Other), are of recoverable stone, sand, and gravel of suitable quality for economic extraction, based on drilling and studies by the Company’s geologists and engineers.”
Annual report 2025A · The company itself
Chains in: Copper strengthens
Natural gas
Raw materials and inputs
InputNegative impact: weakens
“CRH is a significant purchaser of certain materials and resources important to its business, including cementitious materials, bitumen, steel, and energy supplies, all of which it acquires at market rates.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“CRH is not dependent on any one source for the supply of these materials and resources, other than in certain jurisdictions with regard to the supply of gas and electricity.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“In addition, CRH may also be negatively impacted by fluctuations in the price of fuel and principal energy-related raw materials, which accounted for approximately 10% of Total revenues in 2025, consistent with 10% in 2024, with no guarantee that the Company will continue to be able to absorb these inflationary pressures.”
Annual report 2025A · The company itself
Cyber attacks and IT security risk
Macro
DriverNegative impact: weakens
“However, we have faced attempted cyber-attacks and are likely to face future cyber-attacks, including malware or ransomware attacks, or suffer other human or technological errors that have a material impact. Breaches, significant IT interruptions or errors could disrupt production software, permit manipulation of financial data, and could lead to corruption or theft of sensitive data that we collect and retain about our customers, suppliers, employees, and business performance.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“We rely on specialist third-parties to provide many of our information and operational technology systems, and vulnerabilities within such third-party systems could have a material negative effect on us. The third-parties on whom we rely may themselves be affected by cybersecurity breaches or failures, which could lead to operational disruption or other negative consequences that could adversely impact our own business and financial condition.”
Annual report 2025A · The company itself
Chains out: this strengthens Cybersecurity (products and services)
Inflation
Macro
DriverNegative impact: weakens
“Many of the Company’s products are commodities that face strong volume and price competition, with pricing impacted by macroeconomic conditions, the competitive environment, the degree of utilization of production capacity and the specifics of product demand, among other factors.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“The Company may experience downward pricing pressure from time to time across its different markets and may not always be able to raise prices to offset increased operating expenses and inflationary pressures.”
Annual report 2025A · The company itself
Chains out: this weakens Consumer spending, strengthens Interest rates
Interest rates
Macro
DriverNegative impact: weakens
“Risks Related to Our Industry and Our Business Industry Cyclicality and Economic Conditions CRH’s business depends on construction demand, and construction activity is inherently cyclical and influenced by multiple factors, including global and national economic circumstances (particularly those affecting the infrastructure and construction markets), monetary policy, consumer sentiment, swings in fuel and other input costs, and weather conditions that may, individually or collectively, disrupt outdoor construction activity.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“In general, economic uncertainty and rising interest rates can exacerbate negative trends in construction activity, including when current and/or prospective customers are unable to obtain credit or issue bonds, which can lead to the postponement, delay and/or cancellation of projects, and an associated negative impact on demand for building materials and related services.”
Annual report 2025A · The company itself
Chains in: Public debt and fiscal policy strengthens, Inflation strengthens
Chains out: this weakens Construction, weakens Real estate, weakens Wind power, weakens Housing market, weakens Office and commercial property, weakens Residential rental, weakens Residential construction
Labour and wages
Raw materials and inputs
DriverNegative impact: weakens
“The Company operates in a labor-intensive industry and can face frontline labor shortages that impact its ability to produce goods, operate facilities, and install products.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“In addition, the manual nature of some of our manufacturing processes and infrastructure projects, including highway construction and maintenance, creates a high level of dependency on our highly skilled workforce. Any event that materially inhibits our people from being able to work, including an inability to get to our facilities and/or customer sites or widespread sickness/pandemic, could materially disrupt our operations, with adverse impacts on financial performance.”
Annual report 2025A · The company itself
Cybersecurity (products and services)
Technology
DriverNegative impact: weakens
“CRH FORM 10-K Cybersecurity CRH depends on multiple information and operational technology systems, including certain systems for which third-parties are in whole or in part responsible. We may be unable to protect our assets and data against increasingly sophisticated cybersecurity attacks. Security breaches, IT interruptions or data loss could result in significant business disruption, loss of production, reputational damage and/or regulatory penalties.”
Annual report 2025A · The company itself
Chains in: Cyber attacks and IT security risk strengthens
Chains out: this strengthens Digitalisation
Subcontractors and haulage capacity
Raw materials and inputs
InputNegative impact: weakens
“Some of the raw materials, equipment, transport and other inputs that the Company requires are limited to a small number of suppliers from which the Company can economically and/or practically source, which often have long lead times. Any of our suppliers may experience temporary, prolonged or even permanent operational disruption (e.g. significant system outages) and/or capacity in the market may fall below required levels (e.g. for haulage capacity), which could have an adverse impact on the Company’s operations, financial performance, and reputation.”
Annual report 2025A · The company itself
EU climate and energy policy
Regulation
DriverNegative impact: weakens
“The failure to keep up with the pace of technological change may lead to increased operational costs and financial loss through the inability to supply products to customers who require innovative and low-carbon sustainable solutions. Failure to leverage innovation and other sustainability initiatives, for example transitioning to innovative lower-carbon products such as RAP, permeable paving solutions, lower-carbon cements and other high-performance sustainability solutions, may shorten product life cycles or give rise to early product obsolescence thus impairing financial performance and/or future value creation.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“However, market or economic conditions may make it difficult at times to realize this objective. In addition, continued focus on climate change by investors and lenders may affect their preferences and sentiments, potentially impacting the Company’s access to and cost of capital, and investment attractiveness.”
Annual report 2025A · The company itself
Chains out: this strengthens Circular economy and recycling, strengthens Energy efficiency
Steel
Raw materials and inputs
InputNegative impact: weakens
“CRH is a significant purchaser of certain materials and resources important to its business, including cementitious materials, bitumen, steel, and energy supplies, all of which it acquires at market rates.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“In addition, in certain markets in which the Company operates, including markets for steel, cement, bitumen and SCMs, contracted market demand can far outstrip supply, which may restrict the Company’s ability to obtain alternative suppliers or additional volumes where necessary.”
Annual report 2025A · The company itself
Chains in: Wind power strengthens
Carbon tax and ETS prices
Regulation
DriverNegative impact: weakens
“Scope 1, 2 and 3 absolute carbon emissions were 47.0 million tonnes in 2025 (2024: 47.1 million tonnes).”
Annual report 2025A · The company itself
Chains out: this weakens Shipping and logistics, strengthens Energy efficiency, weakens Cement and building materials
Equity and capital markets
Macro
DriverNegative impact: weakens
“Credit rating risks A downgrade of the Company’s credit ratings may give rise to increases in funding costs in respect of future debt and may, among other matters, impair its ability to access debt markets or otherwise raise funds or enter into lines of credit, for example, on acceptable terms. Such a downgrade may result from factors specific to the Company, including increased indebtedness stemming from acquisition activity, or from other factors such as general economic or sector specific weakness, Central Bank monetary policy, governmental fiscal policy or sovereign credit rating ceilings.”
Annual report 2025A · The company itself
Financial regulation
Regulation
DriverNegative impact: weakens
“CRH FORM 10-K Taxation Charge and Balance Sheet Provisioning CRH is exposed to uncertainties stemming from governmental actions in respect of taxes paid or payable in the future in all jurisdictions of operation. In addition, various assumptions are made in the computation of the overall tax charge and in balance sheet provisions which may need to be adjusted over time. Changes in tax regimes or assessment of additional tax liabilities in future tax audits could result in incremental tax liabilities which could have a material adverse effect on cash flows and the financial results of operations.”
Annual report 2025A · The company itself
Geopolitical uncertainty
Macro
DriverNegative impact: weakens
“Adverse Geopolitical Change/Environment Adverse public policy, economic, social, and political situations in any country in which the Company operates could lead to a number of risks including health and safety risks for the Company's people, a fall in demand for the Company’s products, business interruption, restrictions on repatriation of earnings and/or a loss of plant access.”
Annual report 2025A · The company itself
Chains out: this strengthens Defence budgets, strengthens Energy security, strengthens Tariffs and trade policy, weakens Global trade volumes, strengthens Sea freight and freight rates, weakens Reconstruction of Ukraine
Global trade volumes
Macro
DriverNegative impact: weakens
“Any failure to manage any material disruption in our supply chains, including where we do not hold adequate buffer stocks and/or are unable to source adequate alternatives within acceptable timelines and at reasonable cost, could adversely impact our ability to service our customers and result in a deterioration in operational and/or financial performance, and reputational damage.”
Annual report 2025A · The company itself
Chains in: Tariffs and trade policy weakens, Geopolitical uncertainty weakens, Business cycle and GDP growth strengthens
Chains out: this strengthens Shipping and logistics
IT operations and cloud
Raw materials and inputs
InputNegative impact: weakens
“The Company makes significant capital investments in information and operational technology, and systems to promote operational efficiency and maintain competitive advantage. Some of these investments relate to complex, multi-year technology deployments that require specialist customization and project management to deliver expected value (including Enterprise Reporting Program (ERP) and industrial control systems deployments and upgrades).”
Annual report 2025A · The company itself
Labour regulation
Regulation
DriverNegative impact: weakens
“The Company must also maintain constructive relationships with the trade/labor unions that represent certain employees under collective agreements. Failure to do so could mean that the Company cannot renegotiate on appropriate terms the relevant collective agreements upon expiration and may face strikes or work stoppages as a consequence. Poor labor relations could create reputational risk for the Company and/or disrupt our businesses, raise costs, and reduce revenues and earnings from the affected locations, with potential adverse effects on the results of operations and financial condition of the Company.”
Annual report 2025A · The company itself
Pandemics and outbreaks
Macro
DriverNegative impact: weakens
“The occurrence or recurrence of disruptive/dangerous pandemics could materially endanger our workers and/or contractors.”
Annual report 2025A · The company itself
Chains out: this weakens Aviation and travel, strengthens Vaccines (travel health and preparedness)
Sea freight and freight rates
Raw materials and inputs
InputNegative impact: weakens
“Continuity of the cash flows derived from the production and sale of certain building materials depends on satisfactory reserves planning, including appropriate long-term arrangements for their replacement. The high weight-to-price ratio of the aggregates we consume generally makes it uneconomical to transport them over long distances, and accordingly it is important to secure high quality mineral resources local to our markets or adjacent to appropriate logistical hubs (e.g. rail infrastructure).”
Annual report 2025A · The company itself
Chains in: Geopolitical uncertainty strengthens
Urbanisation
Geography
DriverPositive impact: strengthens
“In addition, broader key trends affecting the development of CRH's businesses include: •Population growth and urbanization driving increasing demand for construction and building materials; •Economic development and further investment in infrastructure, non-residential and residential projects; and •The recurring need to maintain, repair and upgrade the built environment as buildings and civil infrastructure age and wear.”
Annual report 2025A · The company itself
United States
Geography
Geography
“The Company, which has market leadership positions in North America, Europe and Australia, has grown rapidly since formation in 1970 and in 2025 generated $37.4 billion of Total revenues, $3.8 billion of Net income and $7.7 billion of Adjusted EBITDA*.1 In 2025, 40% of Total revenues came from infrastructure, 32% from residential construction and 28% from non-residential construction.”
Annual report 2025A · The company itself
Geography
“Over several decades, CRH has established difficult to replicate, leading positions of scale across North America and employs 49,828 people at 2,127 locations across 48 U.S. states and seven Canadian provinces.”
Annual report 2025A · The company itself
Geography
“CRH primarily operates across North America, Europe, and Australia.”
Annual report 2025A · The company itself
Chains in: USD vs DKK/EUR mixed effect
Europe
Geography
Geography
“International Division CRH’s International Division, which is comprised of one segment, International Solutions, is a leading provider of building materials across Europe and Australia.”
Annual report 2025A · The company itself
Geography
“CRH primarily operates across North America, Europe, and Australia.”
Annual report 2025A · The company itself
Ageing population
Geography
DriverPositive impact: strengthens
“In addition, broader key trends affecting the development of CRH's businesses include: •Population growth and urbanization driving increasing demand for construction and building materials; •Economic development and further investment in infrastructure, non-residential and residential projects; and •The recurring need to maintain, repair and upgrade the built environment as buildings and civil infrastructure age and wear.”
Annual report 2025A · The company itself
Chains out: this strengthens Healthcare and hospitals, strengthens Medical devices, strengthens Hearing aids and hearing care
Asia and emerging markets
Geography
Geography
“CRH primarily operates across North America, Europe, and Australia.”
Annual report 2025A · The company itself
Nordics
Geography
Geography
“The Company, which has market leadership positions in North America, Europe and Australia, has grown rapidly since formation in 1970 and in 2025 generated $37.4 billion of Total revenues, $3.8 billion of Net income and $7.7 billion of Adjusted EBITDA*.1 In 2025, 40% of Total revenues came from infrastructure, 32% from residential construction and 28% from non-residential construction.”
Annual report 2025A · The company itself
Plastics and polymers
Raw materials and inputs
InputNegative impact: weakens
“Building Products CRH’s connected portfolio utilizes our essential materials to produce a range of value-added building products. These include the manufacturing of concrete and polymer-based products such as underground vaults, drainage systems, enclosures and modular precast structures.”
Annual report 2025A · The company itself
Chains in: Oil strengthens
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 37.45 bn USD |
| Revenue growth vs. the year before, same method | 5.3 % |
| EBITDA reported by the company | 7.6 bn USD |
| Net debt debt incl. leasing minus cash | 14.96 bn USD |
| Diluted EPS per share | 5.51 USD |
Source: 10-K (SEC) A. See the report
Criteria
| Profit | ✓ |
| Growing | ✓ |
| Healthy balance sheet | ✓ |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (USD), not converted to DKK. Quotes are shown as the company's own words in English.