CRH revenue advances 3% in Q3 to $11.4 billion
Key points
- CRH (NYSE:CRH) reported third-quarter 2026 revenue of $11.4 billion, up 3% year over year, while net income declined to $1.2 billion.
- CRH announced a share repurchase program of up to $6 billion through the end of 2030 after completing its $8.5 billion Arcosa acquisition.
- CRH introduced Velocity, targeting $400 million in annual run-rate benefits by the end of 2028, and expects full-year 2026 adjusted EBITDA of $7.8 billion–$8 billion.
CRH (NYSE:CRH) reported third-quarter 2026 revenue of $11.4 billion, up 3% year over year, while net income declined to $1.2 billion.
Revenue increased from $11.1 billion a year earlier, but net income fell from $1.5 billion, primarily due to impairment losses.
Adjusted EBITDA remained at $2.7 billion, while the net income margin fell to 10.4% from 13.7% and the adjusted EBITDA margin declined to 23.5% from 24.3%.
CRH completed its $8.5 billion Arcosa acquisition, invested another $1.9 billion in 27 acquisitions year to date and announced a share buyback program of up to $6 billion through the end of 2030.
The company expects full-year 2026 net income of $3.1 billion–$3.3 billion and adjusted EBITDA of $7.8 billion–$8.0 billion, while its new Velocity operating model targets $400 million in annual run-rate benefits by the end of 2028.
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