UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q


☒			QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~September~~March 3031, ~~2025~~2026


☐			TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to
Commission File Number: 001-32846

CRH public limited company ~~(Exact name of registrant as specified in its charter)~~

(Exact name of registrant as specified in its charter)


Ireland			98-0366809
(State or other jurisdiction of incorporation or organization)			(I.R.S. Employer Identification No.)

Stonemason’s Way, Rathfarnham, Dublin 16, D16 KH51, Ireland
+353 1 404 1000

(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)


Securities registered pursuant to Section 12(b) of the Act:
Title of each class:	Trading Symbols:	Name of each exchange on which registered:
Ordinary Shares of €0.32 each	CRH	New York Stock Exchange
5.200% Guaranteed Notes due 2029	CRH/29	New York Stock Exchange
5.125% Guaranteed Notes due 2030	CRH/30	New York Stock Exchange
4.400% Guaranteed Notes due 2031	CRH/31	New York Stock Exchange
6.400% Notes due 2033	CRH/33A	New York Stock Exchange
5.400% Guaranteed Notes due 2034	CRH/34	New York Stock Exchange
5.500% Guaranteed Notes due 2035	CRH/35	New York Stock Exchange
5.000% Guaranteed Notes due 2036	CRH/36	New York Stock Exchange
5.875% Guaranteed Notes due 2055	CRH/55	New York Stock Exchange
5.600% Guaranteed Notes due 2056	CRH/56	New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No

CRH FORM 10-Q

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☒ Yes ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer

☒

Accelerated filer

☐

Non-accelerated filer

☐

Smaller reporting company

☐

Emerging growth company

☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
☐ Yes ☒ No

As of ~~October~~April 2320, ~~2025~~2026, the number of outstanding Ordinary Shares was ~~670~~668,~~270~~200,~~575~~216 (excluding Treasury stock of 3835,~~308~~634,~~450~~977 shares).

CRH FORM 10-Q

TABLE OF CONTENTS

		PAGE
PART I	FINANCIAL INFORMATION
Item 1.	Financial Statements	3
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	2724
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	3934
Item 4.	Controls and Procedures	4035
PART II	OTHER INFORMATION
Item 1.	Legal Proceedings	4136
Item 1A.	Risk Factors	4136
Item 2.	Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities	4136
Item 3.	Defaults Upon Senior Securities	4136
Item 4.	Mine Safety Disclosures	4136
Item 5.	Other Information	4136
Item 6.	Exhibits	4237
Signatures		4338


1

CRH FORM 10-Q

CERTAIN TERMS

Except as otherwise specified or the context otherwise requires, references to 'CRH', the 'Company', 'we', 'us' or 'our' refer to CRH plc (together with its consolidated subsidiaries), and references to years indicate our fiscal year ended December 31 of the respective year.

References to the '~~2024~~2025 Form 10-K' are to our Annual Report on Form 10-K for the year ended December 31, ~~2024~~2025, filed with the SEC on February 2618, ~~2025~~2026. References to this 'Quarterly Report' are to our Quarterly Report on Form 10-Q for the quarterly period ended ~~September~~March 3031, ~~2025~~2026. All references to the 'Condensed Consolidated Financial Statements' are to Part I, Item 1 of this Quarterly Report. All references to the ‘same period in ~~2024~~2025’ refer to ~~either~~ the three months ended ~~September~~March 3031, ~~2024~~2025, ~~or the nine months ended September 30, 2024, as applicable,~~ unless otherwise indicated.

References to 'Ordinary Shares', 'Common Shares' and 'Common stock' refer to our ordinary shares of €0.32 each.

CRH Form 10-Q 1

Forward-Looking Statements

InReliance ~~order to rely~~ upon the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, CRH is providing the following cautionary statement.

This ~~document,~~Quarterly ~~and~~Report ~~the~~contains ~~documents incorporated by reference herein, contain~~ statements that are, or may be deemed to be, forward-looking statements with respect to the financial condition, results of operations, business, viability, and future performance of CRH and certain of the plans and objectives of CRH. These forward-looking statements may generally, but not always, be identified by the use of words such as “will”, “anticipates”, “should”, “could”, “would”, “targets”, “aims”, “may”, “continues”, “expects”, “is expected to”, “estimates”, “believes”, “intends” or similar expressions. These forward-looking statements include all matters that are not historical facts or matters of fact at the date of this document.

In particular, the following, among other statements, are all forward looking in nature: ~~plans and~~ expectations regarding CRH’s outlook for 2026, including drivers of CRH's performance ~~in 2025~~, demand outlook, trends in CRH’s markets and key end-markets, government funding initiatives and manufacturing trends (including public investment in ~~construction~~infrastructure and ~~re-industrialization~~reindustrialization activity), pricing trends, costs and weather patterns; plans and expectations regarding business strategy and cash returns for shareholders, including expectations regarding dividends and share buybacks; plans and expectations regarding CRH’s financial capacity, including our ability to fund acquisitions and meet working capital needs, capital expenditures, contractual obligations, dividends, share repurchases, upcoming debt maturities and other liquidity requirements; plans and expectations regarding the expansion of our operations and the timing and benefits of our acquisitions and divestitures; and statements regarding the consummation (including timing thereof), ~~expectations~~of ~~and~~certain ~~benefits~~divestitures, ofincluding the ~~acquisition~~construction ofaccessories ~~Eco~~operations ~~Material; statements regarding CRH's ability to meet growing demand for cementitious products to modernize North America's infrastructure~~ and ~~statements regarding~~ the ~~impact~~lawn ~~of CRH's approach on safety~~ and ~~sustainability~~garden operations.

By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that may or may not occur in the future and reflect our current expectations and assumptions as to such future events and circumstances that may not prove accurate. You are cautioned not to place undue reliance on any forward-looking statements. These forward-looking statements are made as of the date of this document. We expressly disclaim any obligation or undertaking to publicly update or revise these forward-looking statements other than as required by applicable law.

A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, certain of which are beyond our control, and which include, ~~among~~but ~~other~~are ~~factors~~not limited to: economic and financial conditions, including changes in interest rates, inflation, price volatility and/or labor and materials shortages;; ~~industry cyclicality and the~~ demand for infrastructure, residential and non-residential construction and our products in geographic markets in which we operate;; increased competition and its impact on prices and market position;; increases in energy, labor and/or other raw materials costs;; adverse changes to laws and regulations, including in relation to climate change;; the impact of unfavorable weather;; investor and/or consumer sentiment regarding the importance of sustainable practices and products;; availability of, ~~or reductions or delays to,~~ public sector funding for infrastructure programs;; political uncertainty, including as a result of political and social conditions in the jurisdictions CRH operates in, or adverse ~~public policy, economic, social and~~ political developments, including the ongoing geopolitical conflicts in Ukraine and the Middle East;; failure to complete or successfully integrate acquisitions or make timely divestitures;; ~~cyberattacks~~cyber-attacks and exposure of associates, contractors, customers, suppliers and other individuals to health and safety risks, including due to product failures. Additional factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those expressed by the forward-looking statements in this report including, but not limited to, the risks and uncertainties described herein and ~~under~~in “Risk Factors” in our ~~2024~~2025 Form 10-K and in our other filings with the SEC.

~~CRH Form 10-Q~~ 2

CRH FORM 10-Q

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

Condensed Consolidated Statements of Income (Unaudited)

(in $ millions, except share and per share data)

	~~Three months ended~~	Three months ended	~~Nine months ended~~
	September 30		September 30
		March 31
	2025	2024	2025	2024
			2026	2025
Product revenues	~~8,087~~	~~7,482~~	216,~~618~~234	205,~~158~~612
Service revenues	~~2,982~~	~~3,033~~	61,~~413~~136	61,~~544~~144
Total revenues	~~11,069~~	~~10,515~~	287,~~031~~370	266,~~702~~756
Cost of product revenues	~~(4,083)~~	~~(3,674)~~	(114,~~992~~251)	(113,~~010~~826)
Cost of service revenues	~~(2,677)~~	~~(2,782)~~	(51,~~867~~074)	(61,~~151~~093)
Total cost of revenues	~~(6,760)~~	~~(6,456)~~	(175,~~859~~325)	(174,~~161~~919)
Gross profit	~~4,309~~	~~4,059~~	102,~~172~~045	91,~~541~~837
Selling, general and administrative expenses	~~(2,338)~~	~~(2,184)~~	(62,~~291~~057)	(51,~~919~~833)
Gain on disposal of long-lived assets	~~110~~	89	~~153~~22	~~199~~14
Operating income	2,081	1,964	4,034	3,821
Loss on impairments			(48)	–
Interest income	37	33	104	112
Operating (loss) income			(38)	18
Interest expense	(209)	(164)	(590)	(452)
Interest income			21	37
Other nonoperating income (expense), net	12	62	(17)	246
Interest expense			(203)	(181)
Income from operations before income tax expense and income from equity method investments	1,921	1,895	3,531	3,727
Other nonoperating expense, net			(4)	(20)
Income tax expense	(428)	(531)	(795)	(942)
Loss from operations before income tax benefit and loss from equity method investments			(224)	(146)
Income from equity method investments	26	25	17	27
Income tax benefit			55	58
Net income	1,519	1,389	2,753	2,812
Loss from equity method investments			(11)	(10)
Net (income) attributable to redeemable noncontrolling interests	(10)	(9)	(18)	(21)
Net loss			(180)	(98)
Net (income) attributable to noncontrolling interests	(6)	(4)	(7)	(2)
Net loss attributable to noncontrolling interests			4	4
Net income attributable to CRH	1,503	1,376	2,728	2,789
Net loss attributable to CRH			(176)	(94)
Earnings per share attributable to CRH
Loss per share attributable to CRH
Basic	~~$2.23~~	~~$1.99~~	($40.0227)	($40.0315)
Diluted	~~$2.21~~	~~$1.97~~	($30.9927)	($40.0015)
Weighted average common shares outstanding
Basic	~~672.3~~	~~681.6~~	~~674~~668.45	~~685~~676.07
Diluted	~~675.5~~	~~685.5~~	~~678~~668.25	~~690~~676.07

The accompanying notes form an integral part of the Condensed Consolidated Financial Statements.

~~CRH Form 10-Q~~ 3

CRH FORM 10-Q

Condensed Consolidated Statements of Comprehensive Income (Unaudited)

(in $ millions)

	~~Three months ended~~	Three months ended	~~Nine months ended~~
	September 30		September 30
		March 31
	2025	2024	2025	2024
			2026	2025
Net income	1,519	1,389	2,753	2,812
Net loss			(180)	(98)
Other comprehensive (loss) income, net of tax:
Currency translation adjustment	~~(57)~~	~~363~~	~~692~~(89)	~~166~~238
Net change in fair value of effective portion of cash flow hedges, net of tax of $3 million and $6 million for the three months ended September 30, 2025, and September 30, 2024, respectively; and $2 million and $8 million for the nine months ended September 30, 2025, and September 30, 2024, respectively	21	(8)	(12)	(26)
Net change in fair value of effective portion of cash flow hedges, net of tax of $(7) million and $2 million for the three months ended March 31, 2026, and March 31, 2025, respectively			6	(23)
Actuarial (losses) gains and prior service (costs) credits for pension and other postretirement plans, net of tax of $nil million and $(1) million for the three months ended September 30, 2025, and September 30, 2024, respectively; and $1 million and $nil million for the nine months ended September 30, 2025, and September 30, 2024, respectively	(2)	(7)	(18)	(8)
Actuarial losses and prior service credits for pension and other postretirement plans, net of tax of $nil million and $1 million for the three months ended March 31, 2026, and March 31, 2025, respectively			(1)	(7)
Other comprehensive (loss) income	~~(38)~~	~~348~~	~~662~~(84)	~~132~~208
Comprehensive income	1,481	1,737	3,415	2,944
Comprehensive (loss) income			(264)	110
Comprehensive (income) attributable to redeemable noncontrolling interests	(10)	(9)	(18)	(21)
Comprehensive (income) attributable to noncontrolling interests			(8)	(5)
Comprehensive (income) attributable to noncontrolling interests	(4)	(38)	(45)	(17)
Comprehensive (loss) income attributable to CRH			(272)	105
Comprehensive income attributable to CRH	1,467	1,690	3,352	2,906

The accompanying notes form an integral part of the Condensed Consolidated Financial Statements.

~~CRH Form 10-Q~~ 4

CRH FORM 10-Q

Condensed Consolidated Balance Sheets (Unaudited)

(in $ millions, except share data)

	September 30	December 31	September 30
	March 31	December 31	March 31
	2025	2024	2024
	2026	2025	2025
Assets
Current assets:
Cash and cash equivalents	43,~~198~~240	34,~~720~~096	23,~~978~~352
Restricted cash	9040	3951	~~102~~–
Accounts receivable, net	65,~~961~~213	45,~~820~~178	65,~~422~~141
Inventories	5,~~019~~058	45,~~755~~251	4,~~644~~960
Other current assets	584	749	694
Assets held for sale	1,811	–	–
Total current assets	16,852	14,083	14,840
Other current assets	877	678	789
Property, plant and equipment, net	23,783	21,452	21,289
Total current assets	16,239	15,254	14,242
Equity method investments	743	737	929
Property, plant and equipment, net	24,657	24,937	22,179
Goodwill	12,676	11,061	10,906
Equity method investments	487	502	732
Intangible assets, net	2,146	1,211	1,105
Goodwill	12,592	13,099	11,475
Operating lease right-of-use assets, net	1,412	1,274	1,322
Intangible assets, net	1,956	2,048	1,208
Other noncurrent assets	915	795	830
Operating lease right-of-use assets, net	1,274	1,471	1,272
Total assets	58,527	50,613	51,221
Other noncurrent assets	962	1,018	813
Liabilities, redeemable noncontrolling interests and shareholders’ equity
Total assets	58,167	58,329	51,921
Current liabilities:
Liabilities, redeemable noncontrolling interests and shareholders’ equity
Accounts payable	3,156	3,207	2,963
Current liabilities:
Accrued expenses	2,393	2,248	2,513
Accounts payable	2,947	3,263	2,777
Current portion of long-term debt	3,968	2,999	3,218
Accrued expenses	2,143	2,196	2,270
Operating lease liabilities	257	265	271
Current portion of long-term debt	2,478	1,175	1,458
Other current liabilities	1,822	1,577	1,703
Operating lease liabilities	247	286	247
Total current liabilities	11,596	10,296	10,668
Liabilities held for sale	428	–	–
Long-term debt	14,734	10,969	10,672
Other current liabilities	1,968	1,834	1,960
Deferred income tax liabilities	3,595	3,105	3,168
Total current liabilities	10,211	8,754	8,712
Noncurrent operating lease liabilities	1,188	1,074	1,117
Long-term debt	16,071	16,478	14,213
Other noncurrent liabilities	2,785	2,319	2,430
Deferred income tax liabilities	3,301	3,511	3,141
Total liabilities	33,898	27,763	28,055
Noncurrent operating lease liabilities	1,066	1,232	1,075
Commitments and contingencies (Note 17)
Other noncurrent liabilities	2,973	2,876	2,423
Redeemable noncontrolling interests	419	384	361
Total liabilities	33,622	32,851	29,564
Shareholders’ equity
Commitments and contingencies (Note 18)
Preferred stock, €1.27 par value, 150,000 shares authorized and 50,000 shares issued and outstanding for 5% preferred stock and 872,000 shares authorized, issued and outstanding for 7% 'A' preferred stock, as of September 30, 2025, December 31, 2024, and September 30, 2024	1	1	1
Redeemable noncontrolling interests	422	430	379
Common stock, €0.32 par value, 1,250,000,000 shares authorized; 709,054,314, 718,647,277 and 721,319,880 issued and outstanding, as of September 30, 2025, December 31, 2024, and September 30, 2024 respectively	287	290	291
Shareholders’ equity
Treasury stock, at cost (38,581,568, 41,355,384 and 41,493,074 shares as of September 30, 2025, December 31, 2024, and September 30, 2024 respectively)	(2,027)	(2,137)	(2,141)
Preferred stock, €1.27 par value, 150,000 shares authorized and 50,000 shares issued and outstanding for 5% preferred stock and 872,000 shares authorized, issued and outstanding for 7% 'A' preferred stock, as of March 31, 2026, December 31, 2025, and March 31, 2025	1	1	1
Additional paid-in capital	361	422	392
Common stock, €0.32 par value, 1,250,000,000 shares authorized; 704,021,684, 706,946,142 and 715,487,343 issued and outstanding, as of March 31, 2026, December 31, 2025, and March 31, 2025, respectively	285	286	289
Accumulated other comprehensive loss	(381)	(1,005)	(499)
Treasury stock, at cost (35,793,257, 38,315,792 and 38,850,691 shares as of March 31, 2026, December 31, 2025, and March 31, 2025, respectively)	(1,905)	(2,016)	(2,038)
Retained earnings	25,068	24,036	23,831
Additional paid-in capital	250	397	298
Total shareholders’ equity attributable to CRH shareholders	23,309	21,607	21,875
Accumulated other comprehensive loss	(353)	(257)	(806)
Noncontrolling interests	901	859	930
Retained earnings	24,793	25,593	23,375
Total equity	24,210	22,466	22,805
Total shareholders’ equity attributable to CRH shareholders	23,071	24,004	21,119
Total liabilities, redeemable noncontrolling interests and equity	58,527	50,613	51,221
Noncontrolling interests	1,052	1,044	859
Total equity	24,123	25,048	21,978
Total liabilities, redeemable noncontrolling interests and equity	58,167	58,329	51,921

The accompanying notes form an integral part of the Condensed Consolidated Financial Statements.

~~CRH Form 10-Q~~ 5

CRH FORM 10-Q

Condensed Consolidated Statements of Cash Flows (Unaudited)
(in $ millions)

	Nine months ended
	Three months ended
	September 30
	March 31
	2025	2024
	2026	2025
Cash Flows from Operating Activities:
Net income	2,753	2,812
Net loss	(180)	(98)
Adjustments to reconcile net income to net cash provided by operating activities:
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation, depletion, amortization and impairment	1,606	1,288
Depreciation, depletion, and amortization	576	477
Share-based compensation	104	96
Loss on impairments	48	–
Gains on disposals from businesses and long-lived assets, net	(126)	(389)
Share-based compensation	29	32
Deferred tax expense	175	195
(Gain) loss on disposals from businesses and long-lived assets, net	(16)	1
Income from equity method investments	(17)	(27)
Deferred tax (benefit) expense	(160)	4
Pension and other postretirement benefits net periodic benefit cost	17	27
Loss from equity method investments	11	10
Non-cash operating lease costs	208	188
Pension and other postretirement benefits net periodic benefit cost	4	6
Other items, net	5	(17)
Non-cash operating lease costs	83	59
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:
Other items, net	9	(14)
Accounts receivable, net	(1,940)	(1,527)
Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:
Inventories	(24)	(45)
Accounts receivable, net	(478)	(268)
Accounts payable	(264)	(276)
Inventories	(156)	(139)
Operating lease liabilities	(226)	(218)
Accounts payable	(287)	(503)
Other assets	(163)	(311)
Operating lease liabilities	(86)	(78)
Other liabilities	632	498
Other assets	(131)	(210)
Pension and other postretirement benefits contributions	(30)	(35)
Other liabilities	128	72
Net cash provided by operating activities	2,710	2,259
Pension and other postretirement benefits contributions	(10)	(10)
Cash Flows from Investing Activities:
Net cash used in operating activities	(616)	(659)
Purchases of property, plant and equipment, and intangibles	(1,892)	(1,635)
Cash Flows from Investing Activities:
Acquisitions, net of cash acquired	(3,121)	(3,853)
Purchases of property, plant and equipment, and intangibles	(601)	(645)
Proceeds from divestitures	52	977
Acquisitions, net of cash acquired	(126)	(585)
Proceeds from disposal of long-lived assets	183	203
Proceeds from divestitures	6	36
Dividends received from equity method investments	23	22
Proceeds from disposal of long-lived assets	28	35
Settlements of derivatives	(72)	(21)
Distributions received from equity method investments	–	9
Deferred divestiture consideration received	40	82
Settlements of derivatives	(24)	20
Other investing activities, net	82	(180)
Deferred divestiture consideration received	–	36
Net cash used in investing activities	(4,705)	(4,405)
Other investing activities, net	(5)	130
Net cash used in investing activities	(722)	(964)

~~CRH Form 10-Q~~ 6

CRH FORM 10-Q

Condensed Consolidated Statements of Cash Flows (Unaudited)
(in $ millions)

	Nine months ended
	Three months ended
	September 30
	March 31
	2025	2024
	2026	2025
Cash Flows from Financing Activities:
Proceeds from debt issuances	71,~~760~~212	3,~~452~~017
Payments on debt	(~~3,697~~207)	(1,~~854~~533)
Settlements of derivatives	~~120~~(15)	3415
Payments of finance lease obligations	(7337)	(3721)
Deferred and contingent acquisition consideration paid	(2812)	(1611)
Dividends paid	(749)	(1,469)
Distributions to noncontrolling and redeemable noncontrolling interests	(15)	(17)
Distributions to noncontrolling and redeemable noncontrolling interests	(31)	(33)
Transactions involving noncontrolling interests	(24)	–
Transactions involving noncontrolling interests	2	–
Repurchases of common stock	(332)	(310)
Repurchases of common stock	(930)	(1,224)
Amounts related to employee share plans	2	1
Amounts related to employee share plans	(55)	3
Net cash provided by financing activities	572	1,141
Net cash provided by (used in) financing activities	2,319	(1,144)
Effect of exchange rate changes on cash and cash equivalents, including restricted cash	(48)	75
Effect of exchange rate changes on cash and cash equivalents, including restricted cash	205	(20)
Decrease in cash and cash equivalents, including restricted cash	(814)	(407)
Increase/(decrease) in cash and cash equivalents, including restricted cash	529	(3,310)
Cash and cash equivalents and restricted cash at the beginning of period	4,147	3,759
Cash and cash equivalents and restricted cash at the beginning of period	3,759	6,390
Cash and cash equivalents and restricted cash at the end of period	3,333	3,352
Cash and cash equivalents and restricted cash at the end of period	4,288	3,080
Supplemental cash flow information:
Cash paid for interest (including finance leases)	~~494~~160	~~372~~63
Cash paid for income taxes	~~380~~39	~~654~~134
Reconciliation of cash and cash equivalents and restricted cash
Cash and cash equivalents presented in the Condensed Consolidated Balance Sheets	43,~~198~~240	23,~~978~~352
Restricted cash presented in the Condensed Consolidated Balance Sheets	90	102
Cash and cash equivalents included in Assets held for sale	53	–
Total cash and cash equivalents and restricted cash presented in the Condensed Consolidated Statements of Cash Flows	4,288	3,080
Restricted cash presented in the Condensed Consolidated Balance Sheets	40	–
Total cash and cash equivalents and restricted cash presented in the Condensed Consolidated Statements of Cash Flows	3,333	3,352

The accompanying notes form an integral part of the Condensed Consolidated Financial Statements.

~~CRH Form 10-Q~~ 7

CRH FORM 10-Q

Condensed Consolidated Statements of Changes in Equity (Unaudited)

(in $ millions, except share and per share data)

Preferred stock

Common stock

Treasury stock

Additional Paid-in Capital

Accumulated Other Comprehensive Loss

Retained Earnings

Total Shareholders' Equity Attributable to CRH Shareholders

Noncontrolling Interests

Total Equity

Amount

Balance at June 30, 2025

0.9

711.7

$288

(38.6)

($2,028)

$323

($345)

$24,106

$22,345

$896

$23,241

Balance as of December 31, 2025

0.9

706.9

$286

(38.3)

($2,016)

$397

($257)

$25,593

$24,004

$1,044

$25,048

Net income

–

1,503

1,509

Net loss

–

(176)

(4)

(180)

Other comprehensive loss

–

(3696)

–

(3696)

~~(2)~~12

(3884)

Share-based compensation

–

3829

–

3829

–

3829

Repurchases and retirement of common stock

–

(2.79)

(1)

–

(~~285~~331)

(~~286~~332)

–

(~~286~~332)

Shares issued under employee share plans

–

–2.5

1111

–(176)

–

–(1)

1(66)

–

1(66)

Dividends declared on common stock

–

(~~249~~261)

–

(~~249~~261)

Distributions to noncontrolling interests

–

(5)

Transactions involving noncontrolling interests

–

(24)

–

(24)

Noncontrolling interests arising on acquisition

–

Adjustment of redeemable noncontrolling interests to redemption value

–

(7)

–

(7)

Balance at September 30, 2025

0.9

709

$287

(38.6)

($2,027)

$361

($381)

$25,068

$23,309

$901

$24,210

Balance as of March 31, 2026

0.9

704

$285

(35.8)

($1,905)

$250

($353)

$24,793

$23,071

$1,052

$24,123

For the three months ended ~~September~~March 3031, ~~2025~~2026, dividends declared on Common stock were $0.3739 per common share.

Preferred stock

Common stock

Treasury stock

Additional Paid-in Capital

Accumulated Other Comprehensive Loss

Retained Earnings

Total Shareholders' Equity Attributable to CRH Shareholders

Noncontrolling Interests

Total Equity

Amount

Balance at December 31, 2024

0.9

718.6

$290

(41.4)

($2,137)

$422

($1,005)

$24,036

$21,607

$859

$22,466

Balance as of December 31, 2024

0.9

718.6

$290

(41.4)

($2,137)

$422

($1,005)

$24,036

$21,607

$859

$22,466

Net income

–

2,728

2,735

Net loss

–

(94)

(4)

(98)

Other comprehensive income

–

~~624~~199

–

~~624~~199

389

~~662~~208

Share-based compensation

–

~~104~~32

–

~~104~~32

–

~~104~~32

Repurchases and retirement of common stock

–

(93.62)

(31)

–

(~~927~~309)

(~~930~~310)

–

(~~930~~310)

Shares issued under employee share plans

–

2.85

~~110~~99

(~~165~~156)

–

(5557)

–

(5557)

Dividends declared on common stock

–

(~~749~~251)

–

(~~749~~251)

Distributions to noncontrolling interests

–

(115)

Noncontrolling interests arising on acquisition

–

Adjustment of redeemable noncontrolling interests to redemption value

–

(7)

–

(7)

Transactions involving noncontrolling interests

–

Balance as of March 31, 2025

0.9

715.4

$289

(38.9)

($2,038)

$298

($806)

$23,375

$21,119

$859

$21,978

Adjustment of redeemable noncontrolling interests to redemption value

–

(20)

–

(20)

Balance at September 30, 2025

0.9

709

$287

(38.6)

($2,027)

$361

($381)

$25,068

$23,309

$901

$24,210

For the ~~nine~~three months ended ~~September~~March 3031, 2025, dividends declared on Common stock were $10.1137 per common share.

CRH Form 10-Q 8

Condensed Consolidated Statements of Changes in Equity (Unaudited)

(in $ millions, except share and per share data)

Preferred stock

Common stock

Treasury stock

Additional Paid-in Capital

Accumulated Other Comprehensive Loss

Retained Earnings

Total Shareholders' Equity Attributable to CRH Shareholders

Noncontrolling Interests

Total Equity

Amount

Balance at June 30, 2024

0.9

725.1

$292

(41.5)

($2,143)

$359

($813)

$23,030

$20,726

$390

$21,116

Net income

–

1,376

1,380

Other comprehensive income

–

314

–

314

348

Share-based compensation

–

Repurchases and retirement of common stock

–

(3.8)

(1)

–

(316)

(317)

–

(317)

Shares issued under employee share plans

–

Dividends declared on common stock

–

(238)

–

(238)

Distributions to noncontrolling interests

–

(5)

Noncontrolling interests arising on acquisition

–

507

Adjustment of redeemable noncontrolling interests to redemption value

–

(23)

–

(23)

Balance at September 30, 2024

0.9

721.3

$291

(41.5)

($2,141)

$392

($499)

$23,831

$21,875

$930

$22,805

For the three months ended September 30, 2024, dividends declared on common stock were $0.35 per common share.

Preferred stock

Common stock

Treasury stock

Additional Paid-in Capital

Accumulated Other Comprehensive Loss

Retained Earnings

Total Shareholders' Equity Attributable to CRH Shareholders

Noncontrolling Interests

Total Equity

Amount

Balance at December 31, 2023

0.9

734.5

$296

(42.4)

($2,199)

$454

($616)

$22,918

$20,854

$434

$21,288

Net income

–

2,789

2,791

Other comprehensive income

–

117

–

117

132

Share-based compensation

–

Repurchases of common stock

–

(2.6)

(179)

–

(179)

–

(179)

Repurchases and retirement of common stock

–

(13.2)

(5)

–

(1,040)

(1,045)

–

(1,045)

Shares issued under employee share plans

–

3.5

237

(158)

–

(87)

(8)

–

(8)

Dividends declared on common stock

–

(719)

–

(719)

Distributions to noncontrolling interests

–

(10)

Divestiture of noncontrolling interests

–

(18)

Noncontrolling interests arising on acquisition

–

507

Adjustment of redeemable noncontrolling interests to redemption value

–

(30)

–

(30)

Balance at September 30, 2024

0.9

721.3

$291

(41.5)

($2,141)

$392

($499)

$23,831

$21,875

$930

$22,805

For the nine months ended September 30, 2024, dividends declared on Common stock were $1.05 per common share.

The accompanying notes form an integral part of the Condensed Consolidated Financial Statements.

~~CRH Form 10-Q 9~~8

CRH FORM 10-Q

Notes to Condensed Consolidated Financial Statements (Unaudited)

1. Summary of significant accounting policies

1.1. Description of business

CRH is the leading provider of building materials critical to modernizing infrastructure. The Company operates in the building materials industry, providing essential materials and ~~services~~products for construction projects across its Americas and International footprint. The Company is a major producer of aggregates, cementitious materials, readymixed concrete, asphalt, precast concrete and outdoor living products and is a provider of paving and construction services, supplying a wide range of customers, including Federal and local authorities, general contractors, and the commercial and residential markets. ~~CRH~~A issummary ~~one~~of significant accounting policies used in the preparation of the ~~largest~~accompanying ~~suppliers~~Condensed ofConsolidated ~~building~~Financial ~~materials~~Statements ~~globally~~follows.

1.2. Basis of presentation and use of estimates

The accompanying unaudited Condensed Consolidated Financial Statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) for interim financial information and with the instructions to the Quarterly Report on Form 10-Q and in Article 10 of Regulation S-X. The Company has continued to follow the accounting policies set forth in the audited Consolidated Financial Statements and related notes thereto included in the Company’s ~~2024~~2025 Form 10-K. In the opinion of our management, these statements reflect all adjustments, consisting of only normal recurring adjustments, necessary for a fair statement of our results of operations and financial condition for the periods and atas of the dates presented. Operating results for the three ~~and nine~~ months ended ~~September~~March 3031, ~~2025~~2026 are not necessarily indicative of the results that may be expected for the year ending December 31, ~~2025~~2026. The Condensed Consolidated Balance Sheet atas of December 31, ~~2024~~2025 has been derived from the audited Consolidated Financial Statements at that date but does not include all of the information and notes required by U.S. GAAP for complete financial statements. These Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and notes thereto included in the Company’s ~~2024~~2025 Form 10-K.

The preparation of the Company's Condensed Consolidated Financial Statements requires management to make certain estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities and reported amounts of revenues and expenses. Such estimates include impairment of long-lived assets, impairment of goodwill, pension and other postretirement benefits, tax matters and litigation, including insurance and environmental compliance costs. These estimates and assumptions are based on management’s judgment.

Estimates and underlying assumptions are reviewed on an ongoing basis. Changes in accounting estimates may be necessary if there are changes in the circumstances or experiences on which the estimate was based or as a result of new information.

Changes in estimates, including those resulting from changes in the economic environment, are reflected in the period in which the change in estimate occurs.

Certain amounts in the prior period have been reclassified to conform with the current period presentation in the Condensed Consolidated Statements of Cash Flows. These reclassifications had no effect on the previously reported net cash provided by (used in) operating, investing, or financing activities, or in the Condensed Consolidated Balance Sheets or Condensed Consolidated Statements of Income.

1.3. Cash and cash equivalents and restricted cash

~~The~~Cash ~~Company~~and ~~had restricted~~ cash ofequivalents $6include ~~million~~cash aton ~~September~~hand ~~30, 2025, December 31, 2024,~~ and ~~September~~all ~~30,~~highly ~~2024,~~liquid ~~respectively,~~investments ~~included~~with ~~within~~original ~~Cash~~maturities ~~and~~at ~~cash~~the ~~equivalents~~time inof ~~the~~purchase ~~Condensed~~of ~~Consolidated~~three ~~Balance~~months ~~Sheets~~or less. ~~The~~Restricted ~~Company~~cash isconsists ~~restricted~~of ~~from~~amounts ~~utilizing~~held ~~the~~in ~~cash~~escrow designated for ~~purposes~~exchange ~~other~~of ~~than~~assets ~~with~~under ~~government~~Section ~~approval~~1031 asof itthe isU.S. ~~linked~~Internal toRevenue ~~the~~Code ~~awarding~~ of ~~government~~1986, ~~licenses~~as ~~for quarrying~~amended.

Restricted cash of $90 million, $39 million and $102 million as separately presented in the Condensed Consolidated Balance Sheets at September 30, 2025 December 31, 2024, and September 30, 2024, respectively, consists of amounts held in escrow which were primarily designated for exchange of assets under Section 1031 of the U.S. Internal Revenue Code of 1986, as amended.

1.4. New accounting standards

Refer to ~~Note~~the ~~1.25~~audited Consolidated Financial Statements included in the ~~2024~~2025 Form 10-K for impacts of new accounting standards. There were no material impacts from the adoption of new accounting standards to the Company's Condensed Consolidated Financial Statements for the ~~nine~~three months ended ~~September~~March 3031, ~~2025~~2026.

~~CRH Form 10-Q 10~~9

CRH FORM 10-Q

2. Revenue

The Company disaggregates revenue based on its operating and reportable segments. The Company’s operating and reportable segments are: (1) Americas Materials Solutions, (2) Americas Building Solutions, and (3) International Solutions.

Revenue is disaggregated by principal activities and products and by primary geographic market. Business lines are reviewed and evaluated as follows: (1) Essential Materials, (2) Road Solutions, (3) Building & Infrastructure Solutions, and (4) Outdoor Living Solutions.

The ~~vertically integrated~~ Essential Materials businesses manufacture and supply aggregates and cementitious materials for use in a range of construction and industrial applications.

Road Solutions ~~supports~~support the manufacturing, installation and maintenance of public highway infrastructure projects and commercial infrastructure.

Building & Infrastructure Solutions ~~provides~~provide products that connect, ~~protect~~ and ~~transport~~protect critical water, energy and telecommunications infrastructure and deliver complex commercial building projects.

Outdoor Living Solutions ~~integrates~~integrate specialized materials, products and design features to enhance the quality of private and public spaces.

Three months ended September 30, 2025

Three months ended March 31, 2026

in $ millions

Americas Materials Solutions

Americas Building Solutions

International Solutions

Total

Principal activities and products

Essential Materials

1,~~519~~144

–

1,~~458~~188

2,~~977~~332

Road Solutions (i)

41,~~118~~580

–

1,~~456~~132

52,~~574~~712

Building & Infrastructure Solutions (ii)

–

~~725~~591

~~547~~538

1,~~272~~129

Outdoor Living Solutions

–

1,~~072~~077

~~174~~120

1,~~246~~197

Total revenues

52,~~637~~724

1,~~797~~668

32,~~635~~978

117,~~069~~370

Three months ended September 30, 2024

Three months ended March 31, 2025

in $ millions

Americas Materials Solutions

Americas Building Solutions

International Solutions

Total

Principal activities and products

Essential Materials

~~1,390~~876

–

1,~~363~~062

21,~~753~~938

Road Solutions (i)

31,~~909~~367

–

1,~~432~~135

52,~~341~~502

Building & Infrastructure Solutions (ii)

–

~~705~~568

~~488~~506

1,~~193~~074

Outdoor Living Solutions

–

1,~~052~~114

~~176~~128

1,~~228~~242

Total revenues

52,~~299~~243

1,~~757~~682

32,~~459~~831

106,~~515~~756

	Nine months ended September 30, 2025
in $ millions	Americas Materials Solutions	Americas Building Solutions	International Solutions	Total
Principal activities and products
Essential Materials	3,760	–	3,896	7,656
Road Solutions (i)	8,629	–	3,983	12,612
Building & Infrastructure Solutions (ii)	–	1,990	1,638	3,628
Outdoor Living Solutions	–	3,648	487	4,135
Total revenues	12,389	5,638	10,004	28,031
	Nine months ended September 30, 2024
in $ millions	Americas Materials Solutions	Americas Building Solutions	International Solutions	Total
Principal activities and products
Essential Materials	3,605	–	3,560	7,165
Road Solutions (i)	8,302	–	3,652	11,954
Building & Infrastructure Solutions (ii)	–	1,933	1,509	3,442
Outdoor Living Solutions	–	3,633	508	4,141
Total revenues	11,907	5,566	9,229	26,702

CRH Form 10-Q 11

(i) Revenue from contracts with customers in the Road Solutions principal activities and products category that is recognized over time was:

~~Three months ended~~

Three months ended

~~Nine months ended~~

September 30

March 31

in $ millions

~~2025~~

~~2024~~

~~2025~~2026

~~2024~~2025

Americas Materials Solutions

~~2,414~~

~~2,333~~

~~4,761~~738

~~4,665~~638

International Solutions

~~465~~

~~572~~

~~1,308~~288

~~1,439~~395

Total revenue from contracts with customers

~~2,879~~

~~2,905~~

61,~~069~~026

61,~~104~~033

(ii) Revenue from contracts with customers in the Building & Infrastructure Solutions principal activities and products category that is recognized over time was:

~~Three months ended~~

Three months ended

~~Nine months ended~~

September 30

March 31

in $ millions

~~2025~~

~~2024~~

~~2025~~2026

~~2024~~2025

Americas Building Solutions

4011

6614

International Solutions

~~111~~

~~304~~99

~~374~~97

Total revenue from contracts with customers

~~103~~

~~128~~

~~344~~110

~~440~~111

Contract assets were $~~957~~510 million, $~~690~~525 million and $~~1,004~~659 million and contract liabilities were $~~405~~391 million, $~~500~~405 million and $~~495~~481 million, atas ~~September~~of March 3031, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025, respectively. The Company recognized revenue of $~~382~~188 million and $~~382~~276 million for the ~~nine~~three months ended ~~September~~March 3031, ~~2025~~2026, and ~~September~~March 3031, ~~2024~~2025, respectively, which was previously included in the contract liability balance atas of December 31, ~~2024~~2025, and December 31, ~~2023~~2024, respectively.

Contract assets include unbilled revenue and retentions held by customers in respect of construction contracts atas ~~September~~of March 3031, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025 amounting to $~~697~~298 million and $~~260~~212 million, $~~450~~299 million and $~~240~~226 million, and $~~752~~430 million and $~~252~~229 million, respectively. Unbilled revenue represents the estimated value of unbilled work for projects with performance obligations recognized over time. Retentions represent amounts that have been billed to customers but payment is withheld until final acceptance of the performance obligation by the customer. Retentions that have been billed, but are not due until completion of performance and acceptance by customers, are generally expected to be collected within one year. The Company applies the practical expedient and does not adjust any of its transaction prices for the time value of money.

On ~~September~~March 3031, ~~2025~~2026, the Company had $3,~~592~~176 million of transaction price allocated to remaining performance obligations. The majority of open contracts atas ~~September~~of March 3031, ~~2025~~2026 are expected to close and revenue to be recognized within 12 months of the balance sheet date.

~~CRH Form~~ 10~~-Q 12~~

3.CRH ~~Acquisitions~~FORM 10-Q

3. Assets held for sale

On January 27, 2026, the Company entered into an agreement to divest of its construction accessories operations for consideration of $0.7 billion. The transaction is expected to close in the second quarter of 2026 subject to customary closing conditions and regulatory approvals. An impairment of $48 million has been recognized on the operations' assets in the first quarter of 2026 to reflect the reduction to fair value less costs to sell, inclusive of Cumulative Translation Adjustment (CTA), the primary driver of the impairment. The operations being sold in this transaction comprise part of the Company’s International Solutions segment, and the relevant assets and liabilities have accordingly been reclassified as assets and liabilities held for sale.

On March 16, 2026, the Company entered into an agreement to divest of its lawn and garden operations for consideration of $1.1 billion. The transaction is expected to close in the second quarter of 2026 subject to customary closing conditions and regulatory approvals. No impairment loss was recognized on the reclassification of the lawn and garden operations as held for sale. The operations being sold in this transaction comprise part of the Company’s Americas Building Solutions segment, and the relevant assets and liabilities have accordingly been reclassified as assets and liabilities held for sale.

The Company determined that these operations classified as held for sale did not meet the criteria for classification as discontinued operations.

The major classes of assets and liabilities classified as held for sale as of March 31, 2026 were:


in $ millions	Construction Accessories	Lawn and Garden	Total
Assets
Cash and cash equivalents	53	–	53
Accounts receivable, net	130	233	363
Inventories	116	205	321
Property, plant and equipment, net	140	216	356
Goodwill	168	300	468
Intangible assets	48	12	60
Operating lease right-of-use assets, net	138	18	156
Other assets	34	–	34
Assets held for sale	827	984	1,811

Liabilities
Accounts payable	32	57	89
Accrued expenses	67	11	78
Deferred income tax liabilities	36	–	36

Operating lease liabilities	140	19	159
Other liabilities	42	24	66
Liabilities held for sale	317	111	428


11

CRH FORM 10-Q

4. Acquisitions

The Company strategically acquires companies in order to increase its footprint and offer products and services that enhance its existing offerings. These acquisitions are accounted for as business combinations using the acquisition method, whereby the purchase price is allocated to the assets acquired and liabilities assumed, based on their estimated fair values at the date of the acquisition with the remaining amount recorded in Goodwill.

OnDuring ~~September~~the 15three months ended March 31, ~~2025~~2026, the Company ~~acquired~~completed ~~Eco~~the ~~Material~~acquisition ~~Technologies~~of five companies. The total cash consideration for these acquisitions, anet ~~leading~~of ~~supplier~~cash acquired, was $126 million. The estimated fair values of ~~cementitious~~assets ~~materials~~acquired ~~headquartered~~and inliabilities ~~Utah,~~assumed ~~United~~are ~~States~~provisional ~~(the~~and ~~'Eco~~are ~~Material'~~based ~~acquisition)~~on ~~for~~the ainformation ~~total~~that ~~consideration~~was available as of ~~$2,089~~the ~~million~~acquisition dates. The ~~Eco~~Company ~~Material~~expects ~~acquisition~~to isfinalize ~~reported~~the invaluation and complete the ~~Americas~~purchase ~~Materials~~price ~~Solutions~~allocations ~~segment~~as soon as practical but no later than one year from the acquisition dates.

~~During the nine months ended September 30, 2025, the Company completed the acquisition of 22 companies.~~ The ~~total~~provisional ~~cash~~amounts ~~consideration~~ for ~~these~~assets ~~acquisitions, net of cash~~ acquired, ~~was $3,121 million. The estimated fair values of assets acquired and~~ liabilities assumed, ~~are provisional~~ and ~~are~~consideration ~~based~~related onto the ~~information~~acquisitions ~~that was available~~ as of ~~the~~March 31, ~~acquisition~~2026, ~~dates.~~including ~~The~~measurement ~~Company~~period ~~expects~~adjustments to ~~finalize~~provisional ~~the~~fair ~~valuation~~values ~~and~~in ~~complete~~respect ~~the~~of ~~purchase~~acquisitions ~~price~~completed ~~allocations~~in asprevious ~~soon~~periods, ~~as practical but no later than one year from the acquisition dates.~~were:

The provisional amounts for assets acquired, liabilities assumed, and consideration related to the acquisitions at September 30, 2025, including measurement period adjustments to provisional fair values in respect of acquisitions completed in previous periods, were:


in $ millions									Total (i)
Identifiable assets acquired and liabilities assumed
Assets
Cash and cash equivalents									9
Accounts receivable, net									(8)
Inventories									11
Other current assets									4
Property, plant and equipment, net									88

Intangible assets, net									2
Operating lease right-of-use assets, net									(1)
Total assets									105
Liabilities
Accounts payable									(9)
Accrued expenses									(6)
Operating lease liabilities									(1)
Long-term debt									1

Deferred income tax liabilities									(10)
Other liabilities									37
Total liabilities									12
Total identifiable net assets at fair value									93
Goodwill									43


Total consideration									136

Consideration satisfied by:
Cash payments									135

Deferred consideration (stated at net present cost)									1

Total consideration									136

Acquisitions of businesses, net of cash acquired
Cash consideration									135
Less: cash and cash equivalents acquired									(9)
Total outflow in the Condensed Consolidated Statements of Cash Flows									126

in $ millions	Eco Material	Other acquisitions (i)	Total
Identifiable assets acquired and liabilities assumed
Assets
Cash and cash equivalents	23	8	31
Accounts receivable, net	137	100	237
Inventories	37	46	83
Other current assets	19	6	25
Property, plant and equipment, net	533	465	998
Equity method investments	–	(49)	(49)
Intangible assets, net	921	64	985
Operating lease right-of-use assets, net	71	34	105
Total assets	1,741	674	2,415
Liabilities
Accounts payable	49	47	96
Accrued expenses	17	9	26
Operating lease liabilities	55	35	90
Long-term debt	–	22	22
Deferred income tax liabilities	192	(2)	190
Other liabilities	130	62	192
Total liabilities	443	173	616
Total identifiable net assets at fair value	1,298	501	1,799
Goodwill	791	608	1,399
Redeemable noncontrolling interests	–	(17)	(17)
Noncontrolling interests	–	(6)	(6)
Total consideration	2,089	1,086	3,175
Consideration satisfied by:
Cash payments	2,089	1,063	3,152
Deferred consideration (stated at net present cost)	–	4	4
Contingent consideration	–	19	19
Total consideration	2,089	1,086	3,175
Acquisitions of businesses, net of cash acquired
Cash consideration	2,089	1,063	3,152
Less: cash and cash equivalents acquired	(23)	(8)	(31)
Total outflow in the Condensed Consolidated Statements of Cash Flows	2,066	1,055	3,121

(i) Acquisitions are aggregated on the basis of individual immateriality. The acquisition balance sheet presented in this note reflects the identifiable net assets acquired in respect of acquisitions completed in the three months ended March 31, 2026, together with measurement period adjustments to provisional fair values in respect of acquisitions completed during previous periods; none of which were material or non-routine substantial.

~~(i) Acquisitions~~As ~~are~~a ~~aggregated~~result onof the ~~basis~~acquisitions completed in the three months ended March 31, 2026, including adjustments to provisional values, the Company recognized $2 million of ~~individual~~amortizable ~~immateriality~~intangible assets and $43 million of goodwill. ~~The~~Goodwill ~~acquisition~~represents ~~balance~~the ~~sheet~~excess ~~presented~~of inthe ~~this~~consideration ~~note~~paid ~~reflects~~over the ~~identifiable~~fair value of net assets acquired and includes the expected benefit of cost savings and synergies within the Company’s segments and intangible assets that do not qualify for separate recognition. Of the goodwill recognized in respect of the acquisitions completed in the ~~nine~~three months ~~through~~ended ~~September~~March 3031, ~~2025~~2026, ~~together~~$18 ~~with~~million ~~measurement~~is ~~period~~expected ~~adjustments~~ to ~~provisional~~be ~~fair~~deductible ~~values~~for intax ~~respect~~purposes. ofThe ~~acquisitions~~amortizable ~~completed~~intangible ~~during~~assets ~~previous~~will ~~periods;~~be ~~none~~amortized ofagainst ~~which~~earnings ~~were~~over ~~material~~a weighted average of 19 years.

As a result of the acquisitions completed through September 30, 2025, including adjustments to provisional values, the Company recognized $985 million of amortizable intangible assets and $1,399 million of goodwill. Goodwill represents the excess of the consideration paid over the fair value of net assets acquired and includes the expected benefit of cost savings and synergies within the Company’s segments and intangible assets that do not qualify for separate recognition. Of the goodwill recognized in respect of the acquisitions completed in the nine months ended September 30, 2025, $1,259 million is expected to be deductible for tax purposes. The amortizable intangible assets will be amortized against earnings over a weighted average of 19 years.12

CRH ~~Form~~FORM 10-Q 13

Acquisition-related costs

Acquisition-related costs have been included in Selling, general and administrative expenses in the Condensed Consolidated Statements of Income. These costs include legal and consulting expenses incurred in connection with completed acquisitions. The Company incurred ~~the following~~ acquisition-related costs: of $4 million and $5 million for the three months ended March 31, 2026 and March 31, 2025, respectively.

	Three months ended		Nine months ended
	September 30		September 30
in $ millions	2025	2024	2025	2024
Acquisition-related costs
Substantial acquisition-related (i)	13	23	13	45
Other acquisitions	3	5	18	7
Total acquisition-related costs	16	28	31	52

For the period from acquisition date through March 31, 2026, and March 31, 2025, respectively, acquisitions contributed $6 million and $28 million to Total revenues and a loss of $5 million and $9 million to Net loss attributable to CRH, including the effect of interest expense to finance the acquisitions.

~~(i)~~Pro ~~Represents~~forma ~~expenses~~results ~~associated with the non-routine substantial acquisition~~ of ~~Eco~~operations ~~Material~~for ~~during~~ the ~~third~~current ~~quarter~~year ofacquisitions, ~~2025.~~as ~~The~~if ~~comparative~~they ~~periods~~were ~~presented~~combined ~~include~~as ~~expenses related to the acquisition~~ of ~~Adbri~~January 1, ~~an Australian-based materials business~~2025, ~~and~~have tonot ~~the~~been ~~acquisition~~presented ofbecause athey ~~portfolio~~are ofnot ~~cement~~material ~~and~~to ~~readymixed~~the ~~concrete~~Condensed ~~operations~~Consolidated ~~and~~Financial ~~assets in Texas, during 2024~~Statements.

~~For~~5. ~~the~~Accounts ~~period from acquisition date through September 30~~receivable, 2025, and September 30, 2024, respectively, acquisitions contributed $322 million and $733 million to Total revenues and a loss of $13 million and $3 million to Net income attributable to CRH, excluding substantial acquisition-related costs that arose in that period and including the effect of interest expense to finance the acquisitions, respectively.net

Pro forma results of operations for the current year acquisitions, as if they were combined as of January 1, 2024, have not been presented because they are not material to the Condensed Consolidated Financial Statements.

4. Accounts receivable, net

Accounts receivable, net, were:

	September 30	December 31	September 30
	March 31	December 31	March 31
in $ millions	~~2025~~2026	~~2024~~2025	~~2024~~2025
Trade receivables	54,~~641~~380	34,~~829~~296	54,~~106~~214
Construction contract assets	~~957~~510	~~690~~525	~~1,004~~659
Total accounts receivable	64,~~598~~890	4,~~519~~821	64,~~110~~873
Less: allowance for credit losses	(~~158~~139)	(~~140~~137)	(~~151~~154)
Other current receivables	~~521~~462	~~441~~494	~~463~~422
Total accounts receivable, net	65,~~961~~213	45,~~820~~178	65,~~422~~141

Of the total Accounts receivable, net balances, $6117 million, $4632 million and $5863 million atas ~~September~~of March 3031, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025, respectively, were due from equity method investments.

The changes in the allowance for credit losses were:

in $ millions	~~2025~~2026	~~2024~~2025
At January 1	140	149
As of January 1	137	140
Charge-offs	(96)	(82)
Provision for credit losses	210	56
Foreign currency translation and other	25(2)	510
At September 30	158	151
As of March 31	139	154

56. Inventories

Inventories were:

	September 30	December 31	September 30
	March 31	December 31	March 31
in $ millions	~~2025~~2026	~~2024~~2025	~~2024~~2025
Raw materials	2,~~347~~305	2,~~074~~295	2,~~182~~323
Work-in-process	~~286~~324	~~267~~360	~~246~~262
Finished goods	2,~~386~~429	2,~~414~~596	2,~~216~~375
Total inventories	5,~~019~~058	45,~~755~~251	4,~~644~~960

~~CRH Form 10-Q 14~~13

6.CRH ~~Goodwill~~FORM 10-Q

7. Goodwill

The changes in the carrying amount of goodwill were:

in $ millions	Americas Materials Solutions	Americas Building Solutions	International Solutions	Total
Carrying value, December 31, 2024	5,803	3,070	2,188	11,061
Carrying value, December 31, 2025	6,964	3,328	2,807	13,099
Acquisitions	~~1,064~~19	~~195~~–	~~140~~24	~~1,399~~43
Foreign currency translation adjustment	15(9)	9(2)	~~195~~(23)	~~219~~(34)
Divestitures	–	–	(3)	(3)
Impairment charge	–	–	(48)	(48)
Carrying value, September 30, 2025	6,882	3,274	2,520	12,676
Reclassified as held for sale	–	(300)	(168)	(468)
Reallocation	–	(14)	14	–
Carrying value, March 31, 2026	6,974	3,012	2,606	12,592
in $ millions	Americas Materials Solutions	Americas Building Solutions	International Solutions	Total
Carrying value, December 31, 2023	4,417	2,752	1,989	9,158
Acquisitions	1,426	333	385	2,144
Foreign currency translation adjustment	(40)	(12)	(114)	(166)
Impairment charge for the period	–	–	(72)	(72)
Divestitures	–	(3)	(201)	(204)
Reclassified as held for sale	–	–	201	201
Carrying value, December 31, 2024	5,803	3,070	2,188	11,061
Acquisitions	1,144	188	488	1,820
Foreign currency translation adjustment	24	70	134	228
Divestitures	(7)	–	(3)	(10)
Carrying value, December 31, 2025	6,964	3,328	2,807	13,099
in $ millions	Americas Materials Solutions	Americas Building Solutions	International Solutions	Total
Carrying value, December 31, 2023	4,417	2,752	1,989	9,158
Carrying value, December 31, 2024	5,803	3,070	2,188	11,061
Acquisitions	~~1,270~~184	~~160~~142	~~278~~14	~~1,708~~340
Foreign currency translation adjustment	~~(11)~~2	1	5071	4074
Divestitures	–	–	(201)	(201)
Carrying value, March 31, 2025	5,989	3,213	2,273	11,475
Reclassified from held for sale	–	–	201	201
Carrying value, September 30, 2024	5,676	2,913	2,317	10,906

~~There~~During ~~were~~the nothree ~~charges~~months ended March 31, 2026, a goodwill impairment loss of $48 million has been recorded within the Company’s International Solutions segment relating to assets held for sale. There were no goodwill impairment incharges recorded during the ~~nine~~three months ended ~~September~~March 3031, 2025~~, and September 30, 2024~~.

~~CRH Form 10-Q 15~~14

7.CRH ~~Additional~~FORM ~~financial information~~10-Q

8. Additional financial information

Other current assets were:

September 30

December 31

September 30

March 31

December 31

March 31

in $ millions

~~2025~~2026

~~2024~~2025

Prepayments

~~396~~495

~~303~~394

~~323~~391

Income tax recoverable

147

216

164

Income taxes recoverable

293

274

352

Other

4189

~~230~~10

~~207~~46

Total other current assets

~~584~~877

~~749~~678

~~694~~789

Accrued expenses were:

September 30

December 31

September 30

March 31

December 31

March 31

in $ millions

~~2025~~2026

~~2024~~2025

Accrued payroll and employee benefits

~~1,027~~999

~~1,062~~996

1,~~048~~058

Other accruals

1,~~366~~144

1,~~186~~200

1,~~465~~212

Total accrued expenses

2,~~393~~143

2,~~248~~196

2,~~513~~270

Other current liabilities were:

	September 30	December 31	September 30
	March 31	December 31	March 31
in $ millions	~~2025~~2026	~~2024~~2025	~~2024~~2025
Construction contract liabilities	405	500	495
Dividends payable	261	–	251
Insurance liability	165	185	178
Construction contract liabilities	391	405	481
Income tax payable	166	97	148
Insurance liability	163	163	190
Finance lease liabilities	97	67	60
Income tax payable	99	106	58
Other	989	728	822
Accrued external interest payable (excluding lease interest)	261	214	247
Total other current liabilities	1,822	1,577	1,703
Finance lease liability	118	116	74
Other	675	830	659
Total other current liabilities	1,968	1,834	1,960

Other noncurrent liabilities were:

	September 30	December 31	September 30
	March 31	December 31	March 31
in $ millions	~~2025~~2026	~~2024~~2025	~~2024~~2025
Income tax payable	~~881~~950	~~726~~868	~~816~~724
Asset retirement obligations	~~377~~351	~~319~~357	~~325~~339
Pension liability	~~239~~216	~~223~~248	~~257~~229
Insurance liability	~~302~~347	~~269~~335	~~266~~284
Finance lease liabilities	409	190	168
Finance lease liability	448	418	262
Other	~~577~~661	~~592~~650	~~598~~585
Total other noncurrent liabilities	2,~~785~~973	2,~~319~~876	2,~~430~~423

~~CRH Form 10-Q 16~~15

8.CRH ~~Debt~~FORM 10-Q

9. Debt

Long-term debt was:

			September 30	December 31	September 30
			March 31	December 31	March 31
in $ millions	Effective interest rate		~~2025~~2026	~~2024~~2025	~~2024~~2025
Long-term debt
Senior Notes (U.S. Dollar denominated unless otherwise noted)
(U.S. Dollar denominated unless otherwise noted)
3.875% Senior Notes due 2025	3.93	%	–	–	1,250
3.875% Senior Notes due 2025	3.93	%	–	1,250	1,250
1.250% euro Senior Notes due 2026	1.25	%	862	882	812
1.250% euro Senior Notes due 2026	1.25	%	880	780	840
3.400% Senior Notes due 2027	3.49	%	600	600	600
4.000% euro Senior Notes due 2027	4.13	%	~~587~~574	~~520~~588	~~560~~541
3.950% Senior Notes due 2028	4.07	%	900	900	900
1.375% euro Senior Notes due 2028	1.42	%	~~704~~689	~~624~~705	~~672~~650
5.200% Senior Notes due 2029	5.30	%	750	750	750
4.125% Sterling Senior Notes due 2029	4.22	%	~~537~~529	~~501~~539	~~536~~518
5.125% Senior Notes due 2030	5.25	%	1,250	–1,250	–1,250
1.625% euro Senior Notes due 2030	1.72	%	~~880~~862	~~780~~882	~~840~~812
4.000% euro Senior Notes due 2031	4.10	%	880	780	840
4.400% Senior Notes due 2031	4.58	%	1,000	1,000	–
4.000% euro Senior Notes due 2031	4.10	%	862	882	812
6.400% Senior Notes due 2033 (i)	6.43	%	213	213	213
5.400% Senior Notes due 2034	5.52	%	750	750	750
5.500% Senior Notes due 2035	5.57	%	1,250	–1,250	–1,250
4.250% euro Senior Notes due 2035	4.38	%	~~880~~862	~~780~~882	~~840~~812
5.000% Senior Notes due 2036	5.15	%	1,000	1,000	–
5.125% Senior Notes due 2045	5.25	%	500	500	500
4.400% Senior Notes due 2047	4.44	%	400	400	400
4.500% Senior Notes due 2048	4.63	%	600	600	600
5.875% Senior Notes due 2055	5.97	%	500	–500	–500
USD interest bearing loan due 2026	4.96	%	750	750	–
5.600% Senior Notes due 2056	5.74	%	500	500	–
PHP interest bearing loan due 2027	5.84	%	390	379	407
Bank and Other Debt Obligations
AUD interest bearing loan due 2029	4.46	%	569	478	565
USD interest-bearing loan due 2027	4.96	%	750	750	750
U.S. Dollar Commercial Paper	4.60	%	3,232	1,189	1,295
PHP interest-bearing loan due 2027	5.68	%	390	391	399
Euro Commercial Paper	2.18	%	576	347	383
AUD interest-bearing loan due 2028	5.26	%	422	411	–
Other			80	48	66
AUD interest-bearing loan due 2029	4.95	%	–	–	478
Unamortized discounts and debt issuance costs			(79)	(68)	(70)
AUD interest-bearing loan due 2030	5.18	%	241	258	–
Total long-term debt (ii)			18,579	13,851	13,737
U.S. Dollar Commercial Paper	4.13	%	1,199	–	56
Less: current portion of long-term debt (iii)			(3,845)	(2,882)	(3,065)
Euro Commercial Paper	2.20	%	–	170	–
Long-term debt			14,734	10,969	10,672
Other obligations			76	78	60
Unamortized discounts and debt issuance costs			(93)	(98)	(85)
Total long-term debt (ii)			18,438	17,533	15,578
Less: current portion of long-term debt (iii)			(2,367)	(1,055)	(1,365)
Long-term debt			16,071	16,478	14,213

(i) The $300 million 6.400% Senior Notes were issued in September 2003, and at the time of issuance the Senior Notes were partially swapped to floating interest rates. In August 2009 and December 2010, $87 million of the issued Senior Notes were acquired by the Company as part of liability management exercises undertaken and the interest rate hedge was closed out. The remaining fair value hedge adjustment on the hedged item in the Condensed Consolidated Balance Sheets was $2423 million, $2723 million, and $2726 million atas ~~September~~of March 3031, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025, respectively.

(ii) Of the Company’s nominal fixed rate debt atas ~~September~~of March 3031, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025, $500 million, $~~1,375~~500 million and $1,375 million, respectively, was hedged to daily compounded Secured Overnight Financing Rate (SOFR) using interest rate swaps. Of the Company’s nominal floating rate debt atas ~~September~~of March 3031, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025, $~~nil~~413 million, $~~140~~nil million, and $~~208~~nil million, respectively, was hedged to fixed rates using interest rate swaps.

(iii) Excludes borrowings from bank overdrafts of $~~123~~111 million, $~~117~~120 million and $~~153~~93 million, which are recorded within Current portion of long-term debt in the Condensed Consolidated Balance Sheets atas ~~September~~of March 3031, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025, respectively.

Senior Notes:

The Senior Notes are issued by wholly-owned subsidiaries of the Company and carry full and unconditional guarantees from the Company, as defined in the indentures that govern them. These Senior Notes represent senior unsecured obligations of the Company and hold an equal standing in payment priority with the Company's existing and future senior unsubordinated indebtedness.

With the exception of the 6.400% Senior Notes due 2033, all other Senior Notes can be redeemed before their respective par call dates, at a make-whole redemption price. Post par call dates and before the respective maturity dates, the Senior Notes can be redeemed at a price equal to 100% of the principal amount, along with any accrued and unpaid interest.

In the event of a change-of-control repurchase event, the Company is obligated to offer repurchase options for the 3.400% Senior Notes due 2027, 3.950% Senior Notes due 2028, 5.200% Senior Notes due 2029, 5.125% Senior Notes due 2030, 5.400% Senior Notes due 2034, 5.500% Senior Notes due 2035, 5.125% Senior Notes due 2045, 4.400% Senior Notes due 2047, 4.500% Senior Notes due 2048 and 5.875% Senior Notes due 2055. This repurchase involves a cash payment equal to 101% of the principal amount, along with any accrued and unpaid interest.16

CRH ~~Form~~FORM 10-Q 17

In the event of a change-of-control repurchase event, the Company is obligated to offer repurchase options for the 3.400% Senior Notes due 2027, 3.950% Senior Notes due 2028, 5.200% Senior Notes due 2029, 5.125% Senior Notes due 2030, 4.400% Senior Notes due 2031, 5.400% Senior Notes due 2034, 5.500% Senior Notes due 2035, 5.000% Senior Notes due 2036, 5.125% Senior Notes due 2045, 4.400% Senior Notes due 2047, 4.500% Senior Notes due 2048, 5.875% Senior Notes due 2055 and 5.600% Senior Notes due 2056. This repurchase involves a cash payment equal to 101% of the principal amount, along with any accrued and unpaid interest.

If the Company's credit rating falls below investment-grade, the Company would be required to make an additional coupon step-up payment on the 5.125% Senior Notes due 2045. The increase is 25 basis points per rating notch per agency, capped at 100 basis points per agency. However, this coupon step-up would reverse if the Company returns to an investment-grade rating.

In October 2025, the Company raised an aggregate of $2.5 billion through the issuance and sale of Guaranteed Notes across three tranches in 5-year, 10-year and 30-year tenors with coupon rates of 4.400%, 5.000% and 5.600% respectively. See Note 18 for further information.

Bank Debt:

The Company maintains a multi-currency Revolving Credit Facility (the 'RCF') with a syndicate of lenders. The RCF offers a senior unsecured revolving credit facility of €3,500 million over five years, maturing May 11, 2030. Borrowings under the RCF bear interest at rates based upon an underlying base rate, plus a margin determined in accordance with a ratings-based pricing grid. Base rates include SOFR for U.S. Dollar, Euro Interbank Offer Rate (EURIBOR) for euros, Sterling Overnight Index Average (SONIA) for Sterling, and Swiss Average Rate Overnight (SARON) for Swiss Francs, respectively. A commitment fee is payable on a quarterly basis based on a percentage of the applicable margin and calculated on the daily undrawn amount of the facility.

The deferred financing costs associated with the RCF were $5 million atas ~~September~~of March 3031, ~~2025~~2026. The total potential credit available through this arrangement is €3,500 million, inclusive of the ability to issue letters of credit.

AtAs ~~September~~of March 3031, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025, there were no outstanding borrowings or letters of credit issued under the RCF and the undrawn committed facility available to be drawn by the Company atas ~~September~~of March 3031, ~~2025~~2026 was $4,~~109~~021 million (€3,500 million equivalent).

The RCF includes customary terms and conditions for investment-grade borrowers. There are no financial covenants.

In December 2024, the Company entered into a new $750 million two-year fixed rate term loan facility which was fully drawn. In December 2025, this facility was extended by one year to 2027.

Philippines (PHP) Debt:

InThe ~~March 2017, the~~ Company's subsidiary, Republic Cement & Building Materials, Inc., has entered into a number of committed credit ~~arrangement~~arrangements with ~~the~~local ~~Bank~~banks oftotaling ~~the~~$0.4 ~~Philippine~~billion ~~Islands~~(PHP23.6 billion). The Company does not ~~provide a~~ guarantee ~~for~~these ~~this facility~~facilities. The ~~initial credit agreement provided for total commitments of PHP12.5 billion for a 10-year term, which was later expanded to PHP22.5 billion. The~~ funds drawn from ~~this~~these ~~facility~~facilities carry a combination of fixed and floating interest rates.

Australian (AUD) Debt:

In July 2024, the Company acquired Adbri which ~~has~~had committed credit agreements with a range of banks and credit institutions totaling ~~AUD940~~$0.6 ~~million~~billion (AUD0.9 billion). The funds drawn from these facilities carried a combination of fixed and floating interest rates. In November 2025, Adbri entered into a new credit facility with a range of banks and credit institutions totaling $0.8 billion (AUD1.2 billion). Funds were initially drawn to retire a portion of Adbri's existing credit facilities. The Company does not provide a guarantee for ~~these~~Adbri's facilities. The funds drawn from these facilities carry a combination of fixed and floating interest rates.

Commercial Paper:

AtAs ~~September~~of March 3031, ~~2025~~2026, the Company had a $4,000 million U.S. Dollar Commercial Paper Program and a €1,500 million Euro Commercial Paper Program. The purpose of these programs is to provide short-term liquidity as required. The Company’s RCF supports the commercial paper programs with a separate €750 million swingline sublimit which allows for same-day drawing in either euro or U.S. Dollar. Commercial paper borrowings may vary during the period, largely as a result of fluctuations in funding requirements.

The long-term debt maturities, net of the unamortized discounts and debt issuance costs, for the periods subsequent to ~~September~~March 3031, ~~2025~~2026 are as follows:

in $ millions

Remainder of ~~2025~~2026

~~2026~~2027

~~2027~~2028

~~2028~~2029

~~2029~~2030

~~2030~~2031 and thereafter

Total

Long-term debt maturities

32,~~689~~082

2,~~240~~215

1,~~495~~993

1,~~600~~349

12,~~356~~275

8,~~199~~524

18,~~579~~438

910. Fair value measurement

Fair value is defined as the amount that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date and is measured using inputs in one of the following three categories:

Level 1 measurements are based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. Valuation of these items does not entail a significant amount of judgment.

Level 2 measurements are based on quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active or market data other than quoted prices that are observable for the assets or liabilities.

Level 3 measurements are based on unobservable data that are supported by little or no market activity and are significant to the fair value of the assets or liabilities.

Considerable judgment may be required in interpreting market data used to develop the estimates of fair value.

The carrying values of the Company’s Long-term debt were $18,~~579~~438 million, $1317,~~851~~533 million, and $1315,~~737~~578 million atas ~~September~~of 30March 31, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025, respectively. The fair values of the Company’s Long-term debt were $18,~~584~~156 million, $1317,~~604~~502 million, and $1315,~~599~~342 million atas ~~September~~of 30March 31, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025, respectively. The Company’s Long-term debt obligations are Level 2 instruments whose fair value is derived from quoted market prices.

The Redeemable noncontrolling interests included in the Condensed Consolidated Balance Sheets are marked to fair value on a recurring basis using Level 3 inputs. The redemption value of Redeemable noncontrolling interests approximates the fair value and is based on a range of estimated potential outcomes of the expected payment amounts primarily dependent on underlying performance metrics. The unobservable inputs in the valuation include a discount rate determined using a Capital Asset Pricing Model methodology with ranges of between 6.1008% and 7.1312%.

~~See Note 16 for the changes in the fair value of Redeemable noncontrolling interests.~~17

CRH FORM 10-Q

See Note 17 for the changes in the fair value of Redeemable noncontrolling interests.

The Company has classified certain operations as held for sale as of March 31, 2026 which are held at the lower of their carrying value or fair value less costs to sell, determined using Level 3 inputs.

The carrying values of the Company’s Cash and cash equivalents, Restricted cash, Accounts receivable, net, Current portion of long-term debt, Accounts payable, Accrued expenses, and Other current liabilities approximate their fair values because of the short-term nature of these instruments.

~~CRH~~11. ~~Form~~Income ~~10-Q 18~~taxes

10The Company’s income tax provision for interim periods is calculated using an estimated annual effective tax rate based on the expected full-year results which is applied to ordinary year-to-date income or loss. ~~Income~~The ~~taxes~~income tax provision is adjusted for discrete items that occur in the applicable interim period to arrive at the effective income tax rate.

The ~~Company’s~~summary ~~tax~~of ~~provision for~~ the ~~interim period is calculated using an estimated annual effective tax rate based on the expected full-year results which is applied to ordinary year-to-date~~ income ~~or loss. The~~ tax ~~provision~~benefit isfrom ~~adjusted~~operations ~~for discrete items that occur in the applicable interim period to arrive at the effective income tax rate.~~was:

The summary of the income tax expense from operations was:


	Three months ended
	March 31
in $ millions	2026	2025







Total tax benefit	55	58
Effective income tax rate	25%	40%

	Three months ended		Nine months ended
	September 30		September 30
in $ millions	2025	2024	2025	2024
Total tax expense	428	531	795	942
Effective income tax rate	22%	28%	23%	25%

The effective tax rate for March 31, 2026 decreased compared to the three months ended March 31, 2025. The decrease for the three months ended March 31, 2026 is primarily driven by a change in valuation allowances arising from the reclassification of the construction accessories operations to held for sale.

~~The decrease in the effective tax rate for the three months ended September 30, 2025 is mainly driven by movement in uncertain tax positions during the period~~12. ~~The~~Earnings ~~decrease~~per inshare ~~the effective tax rate for the nine months ended September 30, 2025 is mainly driven by movement in uncertain tax positions and valuation allowances.~~ (EPS)

11. Earnings per share (EPS)

The calculation of basic and diluted earnings per share was:

	~~Three months ended~~	Three months ended	~~Nine months ended~~
	September 30		September 30
		March 31
in $ millions, except share and per share data		~~2025~~	~~2024~~	~~2025~~2026	~~2024~~2025
Numerator
Net income		1,519	1,389	2,753	2,812
Net loss				(180)	(98)
Net (income) attributable to redeemable noncontrolling interests		(10)	(9)	(18)	(21)
Net loss attributable to noncontrolling interests				4	4
Net (income) attributable to noncontrolling interests		(6)	(4)	(7)	(2)
Adjustment of redeemable noncontrolling interests to redemption value				(7)	(7)
Adjustment of redeemable noncontrolling interests to redemption value		(7)	(23)	(20)	(30)
Net loss attributable to CRH for EPS - basic and diluted				(183)	(101)
Net income attributable to CRH for EPS - basic and diluted		1,496	1,353	2,708	2,759
Denominator
Weighted average common shares outstanding - basic (i)		~~672.3~~	~~681.6~~	~~674~~668.45	~~685~~676.07
Effect of dilutive employee share awards (ii)		~~3.2~~	~~3.9~~	~~3.8~~–	~~5.0~~–
Weighted average common shares outstanding - diluted		~~675.5~~	~~685.5~~	~~678~~668.25	~~690~~676.07
Earnings per share attributable to CRH
Loss per share attributable to CRH
Basic		~~$2.23~~	~~$1.99~~	($40.0227)	($40.0315)
Diluted		~~$2.21~~	~~$1.97~~	($30.9927)	($40.0015)

(i) The weighted average number of common shares included in the computation of basic and diluted earnings per share has been adjusted to exclude shares repurchased and held by the Company as Treasury stock given that these shares doare not ~~rank~~entitled ~~for~~to ~~dividend~~receive dividends.

(ii) ~~Common~~ ~~Shares~~In ~~that~~periods ~~would~~of ~~only~~net beloss, ~~issued~~shares ~~contingent~~that onotherwise ~~certain~~would ~~conditions~~have ~~totaling~~been ~~3,184,287~~included atin ~~September~~the ~~30,~~diluted ~~2025,~~weighted ~~and~~average ~~3,919,037~~common atshares ~~September~~outstanding ~~30,~~computation ~~2024,~~have ~~are~~been excluded. ~~from~~Due to the ~~computation~~net loss for each of ~~diluted~~the ~~earnings~~three ~~per~~months ~~share~~ended ~~where~~March ~~the~~31, ~~conditions~~2026, ~~governing~~and ~~exercisability~~March ~~have~~31, ~~not~~2025, ~~been~~contingently ~~satisfied~~issuable ascommon ofshares representing 3,154,781 and 5,268,459 respectively, were excluded from the ~~end~~computation of ~~the~~diluted ~~reporting~~loss ~~period~~per orshare ~~they~~as ~~are~~their ~~antidilutive~~inclusion ~~for~~would ~~the~~have ~~period~~been ~~presented~~antidilutive.

~~CRH Form 10-Q 19~~18

~~12.~~CRH ~~Accumulated~~FORM ~~other comprehensive loss~~10-Q

13. Accumulated other comprehensive loss

The changes in the balances for each component of Accumulated other comprehensive loss, net of tax, were:

in $ millions	Currency Translation	Cash FlowHedges	Pension and Other Postretirement Plans	Total
Balance at June 30, 2025	(147)	(96)	(102)	(345)
Balance as of December 31, 2025	(187)	(48)	(22)	(257)
Other comprehensive (loss) income before reclassifications	(5889)	238	–1	(3580)
Amounts reclassified from Accumulated other comprehensive loss	1–	(2)	(2)	(34)
Net current-period other comprehensive (loss) income	(5789)	216	(21)	(3884)
Other comprehensive loss attributable to noncontrolling interests	2	–	–	2
Other comprehensive (income) attributable to noncontrolling interests	(12)	–	–	(12)
Balance at September 30, 2025	(202)	(75)	(104)	(381)
Balance as of March 31, 2026	(288)	(42)	(23)	(353)
Balance at December 31, 2024	(856)	(63)	(86)	(1,005)
Balance as of December 31, 2024	(856)	(63)	(86)	(1,005)
Other comprehensive income (loss) before reclassifications	~~725~~264	(921)	–	~~716~~243
Amounts reclassified from Accumulated other comprehensive loss	(3326)	(32)	(187)	(5435)
Net current-period other comprehensive income (loss)	~~692~~238	(1223)	(187)	~~662~~208
Other comprehensive (income) attributable to noncontrolling interests	(389)	–	–	(389)
Balance at September 30, 2025	(202)	(75)	(104)	(381)
Balance as of March 31, 2025	(627)	(86)	(93)	(806)
Balance at June 30, 2024	(617)	(65)	(131)	(813)
Other comprehensive income (loss) before reclassifications	363	(9)	–	354
Amounts reclassified from Accumulated other comprehensive loss	–	1	(7)	(6)
Net current-period other comprehensive income (loss)	363	(8)	(7)	348
Other comprehensive (income) attributable to noncontrolling interests	(34)	–	–	(34)
Balance at September 30, 2024	(288)	(73)	(138)	(499)
Balance at December 31, 2023	(439)	(47)	(130)	(616)
Other comprehensive income (loss) before reclassifications	205	(46)	–	159
Amounts reclassified from Accumulated other comprehensive loss	(39)	20	(8)	(27)
Net current-period other comprehensive income (loss)	166	(26)	(8)	132
Other comprehensive (income) attributable to noncontrolling interests	(15)	–	–	(15)
Balance at September 30, 2024	(288)	(73)	(138)	(499)

The amounts reclassified from Accumulated other comprehensive loss to income were:

~~Three months ended~~

Three months ended

~~Nine months ended~~

September 30

March 31

in $ millions

~~2025~~

~~2024~~

~~2025~~2026

~~2024~~2025

Cash flow hedges

Cost of product revenues

~~(2)~~

(32)

23(2)

Income tax benefit

–

(3)

Total

(2)

Total

(2)

(3)

Pension and other postretirement plans

Other nonoperating income, net

~~(2)~~

~~(6)~~

(192)

(8)

Income tax (benefit) expense

–

(1)

–

Income tax expense

–

Total

~~(2)~~

~~(7)~~

(182)

(87)

Reclassifications from Accumulated other comprehensive loss to income

~~(4)~~

~~(6)~~

(214)

12(9)

~~CRH Form 10-Q 20~~19

~~13.~~CRH ~~Segment~~FORM ~~information~~10-Q

14. Segment information

The Company has the following three operating and reportable segments:

Americas Materials Solutions;

Americas Building Solutions; and

International Solutions

The Americas Materials Solutions segment provides building materials, products and services for the construction and maintenance of public infrastructure, and commercial and residential buildings in North America. The primary materials produced by this segment include aggregates, cementitious materials, readymixed concrete and asphalt. This segment also provides paving and construction services for customers.

The Americas Building Solutions segment manufactures, supplies and delivers building products for the built environment in communities across North America. Our subsidiaries within this segment offer building and infrastructure solutions serving complex critical infrastructure (such as water, energy, transportation and telecommunications projects) and outdoor living solutions for enhancing private and public spaces.

The International Solutions segment provides building materials, products and services across Europe and Australia, for use in the construction of critical infrastructure, commercial and residential buildings and outdoor living spaces.

Adjusted EBITDA is defined as earnings from continuing operations before interest, taxes, depreciation, depletion, amortization, ~~loss~~Loss on impairments, gain/loss on divestitures and ~~gain/loss on~~ investments, ~~income~~Income/loss from equity method investments, substantial acquisition-related costs and pension expense/income excluding current service cost component.

The key performance measures and segment expenses for the Company’s reportable segments were:

Three months ended September 30, 2025

Three months ended March 31, 2026

in $ millions

Americas Materials Solutions

Americas Building Solutions

International Solutions

Total

Revenue

52,~~637~~724

1,~~797~~668

32,~~635~~978

117,~~069~~370

Less:

Labor

~~1,036~~847

~~372~~375

~~671~~705

21,~~079~~927

Energy costs

~~233~~150

3135

~~258~~236

~~522~~421

Other segment items (i)

21,~~813~~624

~~962~~971

1,~~998~~841

54,~~773~~436

Adjusted EBITDA

~~1,555~~103

~~432~~287

~~708~~196

~~2,695~~586

Three months ended September 30, 2024

Three months ended March 31, 2025

in $ millions

Americas Materials Solutions

Americas Building Solutions

International Solutions

Total

Revenue

52,~~299~~243

1,~~757~~682

32,~~459~~831

106,~~515~~756

Less:

Labor

~~978~~754

~~367~~375

~~630~~657

1,~~975~~786

Energy costs

~~220~~140

2932

~~258~~220

~~507~~392

Other segment items (i)

21,~~617~~290

~~1,006~~988

1,~~956~~805

54,~~579~~083

Adjusted EBITDA

~~1,484~~59

~~355~~287

~~615~~149

~~2,454~~495

	Nine months ended September 30, 2025
in $ millions	Americas Materials Solutions	Americas Building Solutions	International Solutions	Total
Revenue	12,389	5,638	10,004	28,031
Less:
Labor	2,738	1,132	1,976	5,846
Energy costs	581	95	735	1,411
Other segment items (i)	6,215	3,191	5,715	15,121
Adjusted EBITDA	2,855	1,220	1,578	5,653

	Nine months ended September 30, 2024
in $ millions	Americas Materials Solutions	Americas Building Solutions	International Solutions	Total
Revenue	11,907	5,566	9,229	26,702
Less:
Labor	2,604	1,088	1,787	5,479
Energy costs	556	93	722	1,371
Other segment items (i)	6,055	3,246	5,397	14,698
Adjusted EBITDA	2,692	1,139	1,323	5,154

CRH Form 10-Q 21

(i) The nature of other segment items is similar for each segment and primarily includes raw materials, haulage costs, subcontractor costs and other Selling, general and administrative expenses. The composition of other segment items is such that at a segment level none of these items is individually significant in determining segment performance.

	Three months ended		~~Nine months ended~~
	September 30		September 30
	March 31
in $ millions	~~2025~~2026	~~2024~~2025	~~2025~~	~~2024~~
Adjusted EBITDA	~~2,695~~586	~~2,454~~495	~~5,653~~	~~5,154~~
Depreciation, depletion, amortization and impairment	(601)	(467)	(1,606)	(1,288)
Depreciation, depletion, and amortization	(576)	(477)
Interest income	37	33	104	112
Loss on impairments (i)	(48)	–
Interest expense	(209)	(164)	(590)	(452)
Interest income	21	37
Gain (loss) on divestitures and investments (i)	4	59	(38)	242
Interest expense	(203)	(181)
Pension income excluding current service cost component (i)	5	1	14	3
Loss on divestitures and investments (ii)	(6)	(26)
Other interest, net (i)	3	2	7	1
Pension income excluding current service cost component (ii)	5	4
Substantial acquisition-related costs	(13)	(23)	(13)	(45)
Other interest, net (ii)	(3)	2
Income from operations before income tax expense and income from equity method investments	1,921	1,895	3,531	3,727
Loss from operations before income tax benefit and loss from equity method investments	(224)	(146)

(i) ~~Gain~~ ~~(loss)~~Loss on ~~divestitures~~impairments ~~and~~is ~~investments,~~comprised ~~pension~~of ~~income~~$48 million ~~excluding~~within ~~current~~International ~~service~~Solutions ~~cost~~for ~~component~~the ~~and~~three ~~other~~months ~~interest,~~ended ~~net~~March ~~have been included in Other nonoperating income (expense)~~31, ~~net in the Condensed Consolidated Statements of Income~~2026.

~~Depreciation,~~(ii) ~~depletion~~Loss on divestitures and investments, ~~amortization~~pension income excluding current service cost component and ~~impairment~~other ~~for~~interest, ~~each~~net ofhave been included in Other nonoperating expense, net in the ~~segments~~Condensed ~~were:~~Consolidated Statements of Income.

	Three months ended		Nine months ended
	September 30		September 30
in $ millions	2025	2024	2025	2024
Americas Materials Solutions	260	213	715	611
Americas Building Solutions	99	85	287	249
International Solutions	242	169	604	428
Total depreciation, depletion, amortization and impairment	601	467	1,606	1,288


20

CRH FORM 10-Q

Depreciation, depletion and amortization for each of the segments were:


	Three months ended
	March 31
in $ millions		2026	2025

Americas Materials Solutions		261	220
Americas Building Solutions		93	91
International Solutions		222	166
Total depreciation, depletion and amortization		576	477

The segment assets were:

	September 30	December 31	September 30
	March 31	December 31	March 31
in $ millions	~~2025~~2026	~~2024~~2025	~~2024~~2025
Assets
Americas Materials Solutions	2524,~~988~~440	2125,~~474~~396	21,~~695~~715
Americas Building Solutions	9,~~988~~758	9,~~049~~712	9,~~006~~786
International Solutions	17,~~119~~877	1518,~~011~~121	15,~~963~~793
Total assets for reportable segments	5352,~~095~~075	4553,~~534~~229	4647,~~664~~294

Additions to property, plant and equipment and intangible assets for each of the segments were:

	Nine months ended
	Three months ended
	September 30
	March 31
in $ millions	~~2025~~2026	~~2024~~2025
Property, plant and equipment and intangible asset additions (i)
Americas Materials Solutions	~~829~~307	~~769~~240
Americas Building Solutions	~~401~~100	~~336~~199
International Solutions	~~778~~276	~~611~~244
Total property, plant and equipment and intangible asset additions	~~2,008~~683	~~1,716~~683

(i) Property, plant and equipment and intangible asset additions exclude asset retirement cost additions.

~~CRH~~15. ~~Form~~Pension ~~10-Q 22~~and other postretirement benefits

14. Pension and other postretirement benefits

Components of Net Periodic Benefit Cost

The components of net periodic benefit cost recognized in the Condensed Consolidated Statements of Income for the Pension and Other Postretirement Benefit (OPEB) Plans were:

	U.S.		Non-U.S.		~~Non-U.S.~~
	Three months ended		~~Nine months ended~~	Three months ended	~~Three months ended~~		~~Nine months ended~~
	September 30		September 30		September 30		September 30
	March 31			March 31
in $ millions	~~2025~~2026	~~2024~~2025	~~2025~~	~~2024~~	~~2025~~2026	~~2024~~2025	~~2025~~	~~2024~~
Service cost	–	–	1	–	109	10	30	30
Interest cost	6	6	18	18	2223	2220	64	64
Expected return on assets	(6)	(5)	~~(17)~~	~~(15)~~	(2526)	(23)	~~(74)~~	~~(67)~~
Amortization of:
Past service credit	–	–	–	–	(3)	(3)	(9)	(9)
Prior service credit	–	–			(3)	(3)
Actuarial loss	–	1–	–	3	1	1	4	3
Settlement gain (i)	–	–	–	–	–	–	–	(3)
Net periodic benefit cost (i) (ii)	–	1			4	5
Net periodic benefit cost (ii) (iii)	–	2	2	6	5	7	15	18

(i) ~~Settlement~~Includes ~~gain~~net periodic benefit cost of $31 million ~~for~~and ~~the~~$1 ~~nine~~million ~~months~~related ~~ended September 30, 2024 relates~~ to ~~pension~~OPEB plans ~~divested~~for ~~as part of~~ the ~~sale~~three ofmonths ~~the~~ended ~~Company's~~March ~~Lime~~31, ~~operations~~2026 ~~in Europe~~ and isMarch ~~included in gain (loss) on divestitures and investments~~31, ~~within Other nonoperating income (expense)~~2025, ~~net~~respectively.

(ii) ~~Includes~~Service ~~net periodic benefit~~ cost ofis $1included ~~million~~within ~~and~~Cost $1of ~~million~~revenues ~~related to OPEB plans for the three months ended September 30, 2025,~~ and ~~September 30~~Selling, ~~2024,~~general and $3administrative ~~million~~expenses ~~and~~while $3all ~~million~~other ~~for~~cost ~~the~~components ~~nine~~are ~~months~~recorded ~~ended~~within ~~September~~Other ~~30,~~nonoperating ~~2025~~expense, ~~and September 30, 2024, respectively~~net.

~~(iii) Service cost is included within Cost of revenues and Selling, general and administrative expenses while all other cost components are recorded within Other nonoperating income (expense), net.~~21

CRH ~~Form~~FORM 10-Q 23

1516. Variable interest entities

The Company’s operations in the Philippines are conducted through a Variable Interest Entity (VIE), wherein the Company holds 40% of the equity share capital and a 55% share of earnings and distributions. The remaining noncontrolling interest of 60% equity share capital and 45% share of earnings and distributions is held by an unrelated party. The Company’s voting rights are not proportional to its share of earnings and distributions, and substantially all of the activities of the Philippines business are conducted on behalf of the Company and controlled by the Company through contractual relationships. The Philippines business meets the definition of a VIE for which the Company is the primary beneficiary and, therefore, is consolidated.

Further, the Company has provided subordinated debt to the intermediate parent of the Philippines business which exposes the Company to the profits and losses of the Philippines business. The debt is repayable only where the shareholder agreement of the intermediate parent of the Philippines business is terminated or where the Company transfers its shares in the intermediate parent to an unrelated entity (i.e., the debt exposure of the Company becomes in substance a residual interest in the intermediate parent).

The carrying amounts of assets and liabilities of the consolidated VIE, reported within the Condensed Consolidated Balance Sheets before intragroup eliminations with other CRH companies were:

September 30

December 31

September 30

March 31

December 31

March 31

in $ millions

~~2025~~2026

~~2024~~2025

Assets

Current assets:

Cash and cash equivalents

1730

2140

2018

Accounts receivable, net

4139

3842

3943

Inventories

8879

9681

~~101~~88

Other current assets

6235

5839

5660

Total current assets

~~208~~183

~~213~~202

~~216~~209

Property, plant and equipment, net

~~812~~760

~~846~~793

~~882~~845

Goodwill

~~190~~182

~~190~~187

~~197~~193

Intangible assets, net

–

1–

–1

Operating lease right-of-use assets, net

Other noncurrent assets

109

139

Total assets

1,~~224~~138

1,~~264~~195

1,~~313~~262

Liabilities

Current liabilities:

Accounts payable

~~114~~103

~~106~~119

8094

Accrued expenses

4433

5243

Current portion of long-term debt

12316

3313

7755

Operating lease liabilities

Other current liabilities

2016

2521

Total current liabilities

~~183~~472

~~209~~187

~~233~~216

Long-term debt

~~377~~73

~~345~~377

~~329~~343

Deferred income tax liabilities

9185

9489

9894

Noncurrent operating lease liabilities

Other noncurrent liabilities

2321

2022

Total liabilities

~~677~~654

~~673~~677

~~684~~679

The operating results of the consolidated VIE, reported within the Condensed Consolidated Statements of Income and Condensed Consolidated Statements of Cash Flows before intragroup eliminations with other CRH companies were:

~~Three months ended~~

Three months ended

~~Nine months ended~~

September 30

March 31

in $ millions

~~2025~~

~~2024~~

~~2025~~2026

~~2024~~2025

Total revenues

~~243~~74

~~282~~84

Total cost of revenues

~~(75)~~

~~(86)~~

(~~240~~84)

(~~262~~80)

Gross profit

Gross (loss) profit

(10)

Net loss

~~(13)~~

~~(10)~~

(4322)

(2213)

Net cash used in operating activities

(1221)

(1118)

~~CRH Form 10-Q 24~~22

~~16.~~CRH ~~Redeemable~~FORM ~~noncontrolling interests~~10-Q

~~The~~17. Redeemable noncontrolling interests primarily comprise the noncontrolling interests in two of the Company’s North American subsidiaries, which are currently redeemable. The Company has the ability to exercise the call options for the noncontrolling interests on or after December 31, 2031, and December 31, 2040, respectively. In addition to the call options, the noncontrolling interest holder has the right to sell the noncontrolling interests to the Company, which are currently exercisable. These noncontrolling interests have put and call options and both are redeemable based on multiples of EBITDA. The noncontrolling interests are considered redeemable noncontrolling equity interests, classified as temporary or mezzanine equity, as their redemption is not solely within the Company’s control. The noncontrolling interests were recorded at their respective fair values as of the acquisition dates and are adjusted to their expected redemption values, with an offsetting entry to retained earnings, as of the reporting date as if that date was the redemption date, if those amounts exceed their respective carrying values.

The Redeemable noncontrolling interests primarily comprise the noncontrolling interests in two of the Company’s North American subsidiaries, which are currently redeemable. The Company has the ability to exercise the call options for the noncontrolling interests after December 31, 2035, and December 31, 2040, respectively. In addition to the call options, the noncontrolling interest holder has the right to sell the noncontrolling interests to the Company, which are currently exercisable. These noncontrolling interests have put and call options and both are redeemable based on multiples of EBITDA. The noncontrolling interests are considered redeemable noncontrolling equity interests, classified as temporary or mezzanine equity, as their redemption is not solely within the Company’s control. The noncontrolling interests were recorded at their respective fair values as of the acquisition dates and are adjusted to their expected redemption values, with an offsetting entry to retained earnings, as of the reporting date as if that date was the redemption date, if those amounts exceed their respective carrying values.

During the periods ended March 31, 2026 and March 31, 2025 the Company adjusted the carrying amount of the redeemable noncontrolling interests to reflect the estimated redemption values as of the balance sheet date. The adjustment was based on the formulaic redemption values, with an offsetting entry to retained earnings.

The following table summarizes the redeemable noncontrolling interest for the following periods:

in $ millions
Balance at June 30, 2025			389
Balance as of December 31, 2025			430
Net income attributable to redeemable noncontrolling interests			10
Acquisitions			17
Adjustment to the redemption value			7
Dividends paid			(415)
Balance at September 30, 2025			419
Balance as of March 31, 2026			422

Balance at June 30, 2024			335
Balance as of December 31, 2024			384
Net income attributable to redeemable noncontrolling interests			9
Adjustment to the redemption value			7
Adjustment to the redemption value			23
Dividends paid			(12)
Dividends paid			(6)
Balance as of March 31, 2025			379
Balance at September 30, 2024			361

in $ millions
Balance at December 31, 2024			384
Net income attributable to redeemable noncontrolling interests			18
Acquisitions			17
Adjustment to the redemption value			20
Dividends paid			(20)
Balance at September 30, 2025			419

18. Commitments and contingencies

Balance at December 31, 2023			333
Net income attributable to redeemable noncontrolling interests			21
Adjustment to the redemption value			30
Dividends paid			(23)
Balance at September 30, 2024			361

17. Commitments and contingencies

Guarantees

The Company has given letters of guarantee to secure obligations of subsidiary undertakings as follows: $17.85 billion, $1316.16 billion, and $1214.98 billion in respect of loans and borrowings, bank advances and derivative obligations atas ~~September~~of 30March 31, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025, respectively, and $0.5 billion, $0.45 billion, and $0.5 billion atas ~~September~~of 30March 31, ~~2025~~2026, December 31, ~~2024~~2025, and ~~September~~March 3031, ~~2024~~2025, respectively, in respect of letters of credit due within one year.

Legal Proceedings

The Company is not involved in any proceedings that it believes could reasonably be expected to have a material adverse effect on the Company’s financial condition, results of operations or liquidity.

~~CRH~~19. ~~Form~~Subsequent ~~10-Q 25~~events

18The Company has evaluated subsequent events occurring through to the date the Condensed Consolidated Financial Statements were issued. ~~Subsequent~~Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the Condensed Consolidated Financial Statements.

The Company has evaluated subsequent events occurring through to the date the Condensed Consolidated Financial Statements were issued. Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the Condensed Consolidated Financial Statements except as noted below.23

~~Issuance~~CRH ofFORM ~~Senior Notes~~10-Q

In October 2025, a wholly-owned subsidiary of the Company completed the issuance and sale of $1.0 billion 4.400% Guaranteed Notes due 2031, $1.0 billion 5.000% Guaranteed Notes due 2036, and $0.5 billion 5.600% Guaranteed Notes due 2056. The Notes are fully and unconditionally guaranteed by the Company as to the principal, interest, premium, if any, and any other amounts payable in respect of them. Net proceeds from the offering are expected to be used for general corporate purposes.

CRH Form 10-Q 26

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Introduction

Our Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A) is intended to convey management’s perspective regarding operational and financial performance for the three ~~and nine~~ months ended ~~September~~March 3031, ~~2025~~2026. This MD&A should be read in conjunction with the unaudited Condensed Consolidated Financial Statements and related notes appearing in Part I, Item 1. "Financial Statements” of this Quarterly Report.

The following discussion contains trend information and forward-looking statements. Actual results could differ materially from those discussed in ~~or implied by~~ these forward-looking statements, as well as from our historical performance, due to various factors, including, but not limited to, those discussed ~~elsewhere~~ in this Quarterly Report, particularly "Forward-Looking Statements," and Item 1A. "Risk Factors" in our ~~2024~~2025 Form 10-K and in our other filings with the SEC. Our operating results depend upon economic cycles, seasonal and other weather‐related conditions, and trends in government ~~expenditures~~funding initiatives, among other factors. Accordingly, financial results for any financial period presented, or period-to-period comparisons of reported results, may not be indicative of future operating results.

Overview

CRH is athe leading provider of building materials ~~that~~critical ~~build,~~to ~~connect~~modernizing ~~and improve our world~~infrastructure. ~~Since~~Our ~~formation~~unmatched ~~in 1970~~scale, ~~CRH~~connected ~~has~~portfolio, ~~evolved~~and ~~from~~deep ~~being~~local arelationships ~~supplier~~make ofus ~~base~~the ~~materials~~partner toof ~~solving~~choice ~~complex construction challenges~~ for ~~our customers. CRH’s connected portfolio uniquely integrates materials~~transportation, ~~products~~water and ~~services~~reindustrialization ~~across~~projects, ~~the~~shaping ~~construction~~communities ~~value~~for ~~chain,~~a better ~~serving our customers’ needs and driving repeat business~~tomorrow. ~~This customer centric approach is making construction simpler, safer and more sustainable.~~

CRH’s ~~provides a~~ connected ~~offering~~portfolio ofsupplies ~~essential~~building materials ~~(aggregates~~across ~~and~~the ~~cementitious~~construction ~~materials)~~value chain, ~~value-added~~better ~~building~~serving ~~products~~our ascustomers’ ~~well~~needs asand ~~construction~~driving ~~services~~repeat tobusiness ~~our~~while ~~customers.~~making ~~CRH’s~~construction ~~capabilities~~simpler, ~~innovation~~safer and ~~technical~~more ~~expertise~~sustainable. ~~enable~~This itcustomer-centric toapproach becombines aour ~~valuable~~unique ~~partner~~entrepreneurial ~~for~~culture, ~~transportation~~leading performance and ~~critical~~local ~~infrastructure~~market ~~projects,~~knowledge ~~complex~~with ~~non~~our value-~~residential~~added ~~construction~~building products and ~~outdoor~~services ~~living~~to ~~solutions~~be a valuable partner for customers across our end-markets.

~~Operating~~The ~~in 28 countries, the~~ Company has ~~market~~a ~~leadership~~proven ~~positions~~track inrecord ~~North~~of ~~America,~~growing ~~Europe~~ and ~~Australia.~~creating ~~The~~value ~~United~~through ~~States~~acquisition iswith ~~expected~~over ~~to be a key driver of future growth for CRH due to continued economic expansion~~1,250 adeals ~~growing~~completed ~~population and significant public investment~~ in ~~construction~~our history. ~~Our~~We ~~International~~acquire businesses, ~~which~~at ~~benefit~~attractive ~~from~~valuations ~~strong economic~~ and ~~construction~~create ~~growth~~value ~~prospects~~by asconnecting ~~well~~them aswith ~~recurring~~our ~~repair~~existing operations and ~~remodel~~generating ~~demand,~~synergies. ~~are~~The ~~an important strategic part of the~~ Company. ~~CRH~~takes ~~intends~~an toactive ~~continue~~approach to ~~expand~~portfolio ~~its~~management ~~North American~~ and ~~International~~continuously ~~operations~~reviews ~~given~~the ~~significant~~competitive ~~government~~landscape ~~support~~ for ~~infrastructure~~attractive investment and ~~increasing~~divestiture ~~demand~~opportunities ~~for~~to ~~building~~deliver ~~materials~~further ingrowth ~~major~~and ~~infrastructure~~value ~~and~~creation ~~commercial~~for ~~projects~~shareholders.

~~CRH~~Operating ~~has a proven track record~~ in ~~value~~28 ~~creation~~countries ~~through~~across ~~acquisition~~North ~~which~~America, ~~over~~Europe ~~the~~and ~~last~~Australia, ~~decade has accounted for approximately 60% of the Company~~CRH’s ~~profit~~leading ~~growth.~~positions Weof ~~achieve~~scale ~~this~~serve bytransportation ~~acquiring businesses at attractive valuations~~ and ~~creating~~critical ~~value~~infrastructure, byreindustrialization ~~integrating~~projects, ~~them with our existing operations~~ and ~~generating~~commercial ~~synergies. The Company takes an active approach to portfolio management~~ and ~~continuously~~residential ~~reviews~~construction ~~the competitive landscape for attractive investment and divestiture opportunities to deliver further growth and value creation for shareholders~~activity.

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, summer and autumn which may reduce significantly in winter due to inclement conditions or generally as a result of extreme weather events. In addition to impacting demand for our products and services, adverse weather can negatively impact the production processes for a variety of reasons. For example, workers may not be able to work outdoors in sustained high temperatures and heavy rainfall and/or other unfavorable weather conditions. Therefore, our financial results for any particular quarter domay not necessarily ~~indicate~~be ~~the~~indicative ~~results~~of ~~expected~~our financial results for the full year or any future interim period.

Financial performance highlights

~~Three~~CRH delivered a strong first quarter performance compared to the first quarter of 2025, resulting in the following performance highlights for the three months ended ~~September~~March 3031, ~~2025~~2026 (comparisons are versus the prior year's first quarter unless otherwise noted):

~~CRH~~•Total ~~delivered~~revenues aincreased ~~strong~~9% ~~third quarter performance compared~~ to ~~the~~$7.4 ~~third quarter of 2024, resulting in the following performance highlights for the three months ended September 30, 2025 (comparisons are versus the prior year's third quarter):~~billion;

•~~Total~~Net ~~revenues~~loss was ($180) million compared with ($98) million, an increased 5%loss toof ($1182) million on the prior year.1 ~~billion~~Adjusted EBITDA*1was $586 million, an increase of $91 million, or 18%;

•Net ~~income~~loss ~~increased~~margin bywas ~~$130~~(2.4%) ~~million~~compared towith $(1.5%), ~~billion~~a decline of 90 basis points (bps). Adjusted EBITDA margin*~~1was~~ ~~$2.7~~was ~~billion~~8.0%, an increase of ~~$241~~70bps ~~million,~~on orthe 10prior year's first quarter Adjusted EBITDA margin* of 7.3%; and

•~~Net~~Diluted ~~income~~Loss ~~margin~~Per Share (EPS) was 13($0.7%27) compared ~~with~~to ~~13.2%, an increase of 50 basis points~~ (~~bps~~$0.15). ~~Adjusted~~Diluted ~~EBITDA~~EPS ~~margin~~pre-impairment* was 24($0.~~3%,~~20) ancompared ~~increase~~to ~~of 100bps on the prior year's third quarter Adjusted EBITDA margin* of 23~~($0.~~3%; and~~15).

•Diluted Earnings Per Share (EPS) was $2.21 compared to $1.97.

Nine months ended September 30, 2025

CRH delivered a good performance in the nine months ended September 30, 2025 compared to the prior year, resulting in the following performance highlights (comparisons are versus the prior year's first nine months):

•Total revenues increased 5% to $28.0 billion;

•Net income was $2.8 billion, a decrease of $59 million compared to the prior year. Adjusted EBITDA*2was $5.7 billion, an increase of $499 million, or 10%;

•Net income margin was 9.8% compared with 10.5%, a decrease of 70bps. Adjusted EBITDA margin* was 20.2%, an increase of 90bps on the prior year Adjusted EBITDA margin* of 19.3%; and

•Diluted EPS was $3.99 compared to $4.00.

*Represents a non-GAAP measure. See the discussion within 'Non-GAAP Reconciliation and Supplementary Information' on pages 34 to 35.1

CRH Form 10-Q 27

Capital allocation highlights

~~Nine~~•Cash returned to shareholders through share buybacks was $0.3 billion, in line with the first three months ~~ended~~of ~~September~~the 30prior year. On April 28, ~~2025~~2026, the latest tranche of the share buyback program was completed, bringing year-to-date repurchases to $0.4 billion;

•~~Cash~~The ~~returned~~first to2026 ~~shareholders~~quarterly ~~through~~dividend ~~share buybacks was $0.9 billion, a decrease~~ of $0.139 ~~billion~~per ~~versus~~share ~~the~~was ~~first~~declared ~~nine~~in ~~months~~February ~~of the prior year. On November 4~~2026, ~~2025,~~and ~~the~~a ~~latest~~second ~~tranche~~quarterly dividend of ~~the share buyback program was completed, bringing the year-to-date repurchases to~~ $10.139 ~~billion.~~per Ashare ~~further~~was ~~tranche~~announced ~~has~~on ~~been~~April ~~announced~~30, ~~extending~~2026, ~~the~~representing ~~ongoing share buyback program by~~ an ~~additional~~increase ~~$0.3~~of ~~billion~~5% toon bethe ~~completed~~prior ~~no later than February 17, 2026~~year; and

•~~Cash~~A ~~paid~~total toof ~~shareholders~~five ~~through~~acquisitions ~~dividends~~were ~~was~~completed for total consideration of $0.71 billion, compared with $10.56 billion in the first ~~nine~~three months of the prior year. ~~The~~A ~~decrease~~further ~~primarily~~$0.6 ~~reflects~~billion ~~the~~was ~~payment~~invested ofin agrowth ~~second~~and ~~interim~~maintenance ~~2023~~capital ~~dividend~~expenditure ~~in Q1 2024~~projects, ~~which was not repeated~~ in Q1line ~~2025.~~with ~~CRH~~the ~~declared a quarterly dividend of~~ $0.376 ~~per~~billion ~~share~~invested in ~~February~~the ~~2025,~~comparable ~~May~~period ~~2025~~in ~~and August~~ 2025 ~~and a fourth quarterly dividend per share of $0~~.~~37 per share announced on November 5, 2025, representing an annualized increase of 6% on the prior year; and~~

•A total of 22 acquisitions were completed for consideration of $3.2 billion, compared with $3.9 billion in the first nine months of the prior year. A further $1.9 billion was invested in growth and maintenance capital expenditure projects, compared with $1.6 billion for the comparable 2024 period.

Development Review

In the three months ended ~~September~~March 3031, ~~2025~~2026, CRH completed ~~nine~~five acquisitions for a total consideration of $20.51 billion, compared with $10.46 billion in the same period ofin ~~2024~~2025. Americas Materials Solutions completed three acquisitions, ~~Americas Building Solutions completed two acquisitions~~ and International Solutions completed ~~four~~two acquisitions.

~~For~~With respect to divestitures, in the ~~nine~~three months ended ~~September~~March 3031, ~~2025~~2026, ~~CRH~~cash ~~completed~~proceeds 22from ~~acquisitions~~divestitures ~~for~~and adisposals ~~total~~of ~~consideration~~long-lived ofassets were $~~3.2~~34 ~~billion~~million, compared with $~~3.9~~107 ~~billion~~million in the ~~first~~same ~~nine~~period ~~months~~in ~~of the prior year~~2025.

In *Represents ~~September 2025, CRH completed the acquisition of Eco Material,~~ a ~~leading~~non-GAAP ~~supplier~~financial ~~of cementitious materials in North America for a total consideration of $2~~measure.1 ~~billion.~~See ~~The~~the ~~Eco~~discussion ~~Material~~within ~~transaction~~'Non-GAAP ~~uniquely~~Reconciliation ~~positions~~and ~~CRH~~Supplementary toInformation' ~~meet~~on ~~growing~~pages ~~demand~~28 ~~for cementitious products~~ to ~~modernize North America's infrastructure~~29.1

With respect to divestitures, in the three months ended September 30, 2025, cash proceeds from divestitures and disposals of long-lived assets were $0.1 billion, in line with the same period in 2024 (Q3 2024: $0.1 billion). For the nine months ended September 30, 2025, CRH ~~realized~~FORM ~~cash proceeds from divestitures and disposals of long~~10-~~lived assets of $0.2 billion, compared with $1.2 billion in the prior year period.~~Q

Outlook

~~The~~We ~~outlook~~continue ~~for the remainder of 2025 is positive, reflecting the continued execution of our strategy, leading performance across our markets, and contributions from acquisitions. Looking ahead~~ to ~~2026, we~~ expect favorable underlying demand across our key end-markets, underpinned by significant public investment in infrastructure and continued reindustrialization activity. Within the residential sector, we anticipate resilient repair and remodel activity while the new-build segment is expected to remain subdued~~, while repair and remodel activity remains resilient~~. Assuming normal seasonal weather patterns and absent any further major dislocations in the ~~political~~geopolitical or macroeconomic environment, CRH's superior strategy, connected portfolio and leading positions of scale in attractive high-growth markets, together with our strong and flexible balance sheet, are expected to underpin another year of growth and value creation in 2026.

CRH Form 10-Q 28

Results of Operations

Revenues are derived from a range of products and services across three segments. The Americas Materials Solutions segment utilizes an extensive network of reserve-backed quarry locations to produce and supply a range of materials including aggregates, cementitious materials, readymixed concrete and asphalt, as well as providing paving and construction services. The Americas Building Solutions segment manufactures, supplies and delivers high-quality building products ~~and solutions~~. The International Solutions segment ~~provides~~integrates ~~a connected offering of~~ building materials, products and services for the construction and renovation of ~~public~~transportation infrastructure, critical utility networks, commercial and residential buildings, and outdoor living spaces.

The table below summarizes CRH’s unaudited Condensed Consolidated Statements of Income for the periods indicated.32

Condensed Consolidated Statements of Income (Unaudited)

(in $ millions, except per share data)

	Three months ended		~~Nine months ended~~
	September 30		September 30
	March 31
	2025	2024	2025	2024
	2026	2025
Total revenues	117,~~069~~370	106,~~515~~756	~~28,031~~	~~26,702~~
Total cost of revenues	(65,~~760~~325)	(64,~~456~~919)	~~(17,859)~~	~~(17,161)~~
Gross profit	42,~~309~~045	41,~~059~~837	~~10,172~~	~~9,541~~
Selling, general and administrative expenses	(2,~~338~~057)	(21,~~184~~833)	~~(6,291)~~	~~(5,919)~~
Gain on disposal of long-lived assets	~~110~~22	8914	~~153~~	~~199~~
Operating income	2,081	1,964	4,034	3,821
Loss on impairments	(48)	—
Interest income	37	33	104	112
Operating (loss) income	(38)	18
Interest expense	(209)	(164)	(590)	(452)
Interest income	21	37
Other nonoperating income (expense), net	12	62	(17)	246
Interest expense	(203)	(181)
Income from operations before income tax expense and income from equity method investments	1,921	1,895	3,531	3,727
Other nonoperating expense, net	(4)	(20)
Income tax expense	(428)	(531)	(795)	(942)
Loss from operations before income tax benefit and loss from equity method investments	(224)	(146)
Income from equity method investments	26	25	17	27
Income tax benefit	55	58
Net income	1,519	1,389	2,753	2,812
Loss from equity method investments	(11)	(10)
Net (income) attributable to redeemable noncontrolling interests	(10)	(9)	(18)	(21)
Net loss	(180)	(98)
Net (income) attributable to noncontrolling interests	(6)	(4)	(7)	(2)
Net loss attributable to noncontrolling interests	4	4
Net income attributable to CRH	1,503	1,376	2,728	2,789
Net loss attributable to CRH	(176)	(94)
Diluted earnings per share attributable to CRH	$2.21	$1.97	$3.99	$4.00
Diluted loss per share attributable to CRH	($0.27)	($0.15)
Adjusted EBITDA*	2,695	2,454	5,653	5,154
Diluted loss per share attributable to CRH - pre-impairment*	($0.20)	($0.15)
Adjusted EBITDA*	586	495

Total revenues

Total revenues were $117.14 billion for the three months ended ~~September~~March 3031, ~~2025~~2026, an increase of $0.6 billion, or 59%, from the ~~same~~first ~~period~~quarter inof ~~2024~~2025, driven by positive underlying demand, ~~strong~~disciplined commercial execution, and contributions from acquisitions.

For ~~the~~additional ~~nine~~discussion ~~months~~on ~~ended~~segment ~~September 30, 2025, total~~ revenues ~~were $28.0 billion~~, ansee ~~increase~~“Segments” ofsection 5%on ~~from~~pages ~~the~~26 ~~first~~to nine months of 2024, reflecting effective commercial execution, continued pricing progress and contributions from acquisitions which helped offset the impact of divestitures and adverse weather conditions across several regions earlier in the year27.

For additional discussion on segment revenues, see “Segments” section on pages 31 to 33.

Gross profit

Gross profit for the three months ended ~~September~~March 3031, ~~2025~~2026, was $42.30 billion, an increase of $0.32 billion, or 611% from the ~~same~~first ~~period~~quarter inof ~~2024~~2025. The gross profit margin of 3827.97% increased ~~30bps~~50bps from 3827.62% in the ~~third~~first quarter of the prior year. ~~Labor~~The ~~and~~increase ~~energy~~in ~~costs~~Total ~~both~~cost ~~increased~~of revenues was primarily driven by 3a 22%, ~~while~~higher depreciation and amortization ~~expenses~~charge, ~~increased by 18%~~ reflecting the impact of acquisitions and ~~higher~~increased capital ~~expenditures.~~expenditure, ~~Other~~as ~~costs~~well ~~increased~~as 4a 6% increase in labor costs, attributable to higher headcount from ~~the~~acquisitions ~~same~~and ~~period~~inflationary inpressures. ~~2024,~~Energy ~~resulting~~costs inalso aincreased ~~total~~by ~~cost~~7% ofdriven ~~revenues~~by ~~increase~~higher ofactivity 5levels, while other costs were 7% inahead of the first quarter of the prior year.

For the nine months ended September 30, 2025, gross profit was $10.2 billion, an increase of $0.6 billion, or 7%, from the same period in 2024, with total revenues 5% ahead of the same period in 2024, while total cost of revenues increased by 4%. The gross profit margin of 36.3% increased 60bps from 35.7% for the first nine months of the prior year. The increase in cost of revenues was primarily driven by a 5% increase in labor costs, attributable to higher headcount from acquisitions and inflationary pressures, as well as a 22% higher depreciation and amortization expense, reflecting the impact of acquisitions and increased capital expenditures. Energy costs increased by 3%, while other costs were 2% ahead of the prior year period.

*Represents a non-GAAP measure. See the discussion within 'Non-GAAP Reconciliation and Supplementary Information' on pages 34 to 35.3

CRH Form 10-Q 29

Selling, general and administrative expenses

Selling, general and administrative ~~(SG&A)~~ expenses, which are primarily comprised of haulage costs, labor costs, and other selling and administrative expenses, were $2.31 billion for the three months ended ~~September~~March 3031, ~~2025~~2026, an increase of $0.2 billion, or 712%, from the comparable ~~2024~~2025 period. The increase was primarily driven by a 913% increase in ~~labor~~haulage ~~costs~~expenses ~~reflecting~~resulting ~~higher~~from ~~headcount~~acquisitions and ~~wage~~higher ~~inflation~~activity ~~and~~levels, aas 7well as an 11% increase in ~~haulage~~labor ~~expenses~~costs ~~resulting~~reflecting higher headcount from ~~acquisition~~acquisitions ~~activity~~and wage inflation.

For the nine months ended September 30, 2025, SG&A expenses were $6.3 billion, an increase of $0.4 billion, or 6%, from the comparable 2024 period. SG&A expenses increased primarily due to a 9% increase in labor costs impacted by higher headcount from acquisitions and wage inflation and a 6% increase in haulage expenses mainly due to acquisition activity.

Gain on disposal of long-lived assets

Gain on disposal of long-lived assets was $~~110~~22 million for the three months ended ~~September~~March 3031, ~~2025~~2026, an increase of $218 million compared with ~~2024. The increase was primarily due to the disposal of certain land assets in the Americas Buildings Solutions segment. For the nine months ended September 30,~~ 2025~~, gain on disposal of long-lived assets was $153 million, a decrease of $46 million~~. ~~The decrease was primarily due to the non-recurrence of equivalent levels of prior year gains on land asset sales in North America.~~

Loss on impairments

Loss on impairments for the three months ended March 31, 2026, was $48 million, compared to $nil million in the comparable period, and was related to the International Solutions segment.

*Represents a non-GAAP financial measure. See the discussion within 'Non-GAAP Reconciliation and Supplementary Information' on pages 28 to 29.2


25

CRH FORM 10-Q

Interest income

Interest income was $3721 million for the three months ended ~~September~~March 3031, ~~2025~~2026, ana ~~increase~~reduction of $416 million from the comparable period in ~~2024. For the nine months ended September 30,~~ 2025, ~~interest income was $104 million, a decrease of $8 million from the comparable period,~~ primarily due to lower ~~cash~~interest ~~deposits~~rates inand ~~the~~principal ~~period~~on deposit.

Interest expense

Interest expense was $~~209~~203 million for the three months ended ~~September~~March 3031, ~~2025~~2026, an increase of $4522 million from the comparable period in ~~2024 and $590 million for the nine months ended September 30,~~ 2025~~, an increase of $138 million from the prior period~~. The increase was primarily due to higher gross debt balances.

Other nonoperating ~~income (~~expense), net

Other nonoperating ~~income (~~expense), net, was $124 million for the three months ended ~~September~~March 3031, ~~2025~~2026, compared with $6220 million in the comparable period for ~~2024~~2025. Other nonoperating ~~income (~~expense), net, includes pension and postretirement benefit costs (excluding service costs), gains and losses from divestitures, and other miscellaneous income and expenses. The reduction versus prior year was ~~reflective~~primarily ofdue to the non-‑recurrence of the prior year ~~gains~~loss on divestitures.

~~Other~~Income ~~nonoperating~~tax ~~income~~benefit (expense), net, was an expense of ($17) million for the nine months ended September 30, 2025, compared with income of $246 million in the comparable period for 2024. The reduction versus prior year primarily related to the non-recurrence of the gain on the divestiture of the European Lime operations and unrealized gains on certain investments.

For the three months ended March 31, 2026, the Company had an Income tax ~~expense~~benefit of $55 million, compared to $58 million for the comparable period in 2025. The effective tax rate was 25% for the first quarter of 2026 compared with an effective tax rate of 40% for the first quarter of 2025. The decrease in the effective tax rate is primarily driven by a change in valuation allowances arising from the reclassification of the construction accessories operations to held for sale.

~~For~~Loss ~~the~~from ~~three~~equity ~~months~~method ended September 30, 2025, the Company had an income tax expense of $428 million, compared to $531 million for the comparable period in 2024. The effective tax rate was 22% for the third quarter of 2025 compared with an effective tax rate of 28% for the third quarter of 2024. The decrease in the effective tax rate for the three months ended September 30, 2025, was mainly driven by movements in uncertain tax provisions.investments

For the ~~nine~~three months ended ~~September~~March 3031, ~~2025~~2026, ~~the~~a ~~Company~~loss ~~had an income tax expense~~ of ($~~795~~11) million ~~compared~~was torecorded ~~$942 million for the comparable period~~ in ~~2024.~~equity ~~The~~method ~~effective~~investments, ~~tax rate was 23% for the first nine months of 2025 compared with~~ an ~~effective~~increased ~~tax~~loss ~~rate~~ of ~~25%~~($1) ~~for~~million from the ~~same~~comparable period in ~~2024. The decrease in the effective tax rate for the nine months ended September 30,~~ 2025~~, was mainly driven by movements in uncertain tax provisions and valuation allowances~~.

Income from equity method investments

For the three months ended September 30, 2025, income of $26 million was recorded in income from equity method investments, an increase of $1 million from the comparable period in 2024. Income of $17 million was recorded for the nine months ended September 30, 2025, a decrease of $10 million from the comparable period in 2024.

Net income

Net income was $1.5 billion for the three months ended September 30, 2025, an increase of $130 million from the comparable period in 2024, reflecting a strong underlying operating performance in the period.

Net income was $2.8 billion for the nine months ended September 30, 2025, a decrease of $59 million from the comparable period in 2024, with a positive underlying operating performance offset by the non-recurrence of gains on prior year divestitures.

Net income attributable to CRH and earnings per share

Net income attributable to CRH was $1.5 billion for the three months ended September 30, 2025, an increase of $127 million from the comparable period in 2024. Diluted EPS for the three months ended September 30, 2025, was $2.21, compared with diluted EPS of $1.97 for the three months ended September 30, 2024.

Net income attributable to CRH was $2.7 billion for the nine months ended September 30, 2025, a decrease of $61 million from the comparable period in 2024. Diluted EPS for the nine months ended September 30, 2025, was $3.99, compared with $4.00 for the nine months ended September 30, 2024.

CRH Form 10-Q 30

Segments

CRH is organized through three reportable segments across two Divisions. CRH’s Americas Division comprises two segments: Americas Materials Solutions and Americas Building Solutions; and CRH’s International Division comprises the other segment.

Within CRH’s segments, revenue is disaggregated by principal activities and products. Business lines are reviewed and evaluated as follows: (1) Essential Materials, (2) Road Solutions, (3) Building & Infrastructure Solutions, and (4) Outdoor Living Solutions. The Essential Materials businesses manufacture and supply aggregates and cementitious materials for use in a range of construction and industrial applications. Road Solutions ~~supports~~support the manufacturing, installation and maintenance of public highway infrastructure projects and commercial infrastructure. Building & Infrastructure Solutions ~~provides products that~~ connect, ~~protect~~ and ~~transport~~protect critical water, energy and telecommunications infrastructure and deliver complex commercial building projects. Outdoor Living Solutions ~~integrates~~integrate specialized materials, products and design features to enhance the quality of private and public spaces.

The Company’s measure of segment profit is Adjusted EBITDA, which is defined as earnings from continuing operations before interest, taxes, depreciation, depletion, amortization, ~~loss~~Loss on impairments, gain/loss on divestitures and investments, ~~income~~Income/loss from equity method investments, substantial acquisition-related costs and pension expense/income excluding current service cost component.

Americas Materials Solutions

Three months ended September 30, 2025

Analysis of Change

in $ millions

Three months ended March 31, 2025

Currency

Acquisitions

Divestitures

Organic

Three months ended March 31, 2026

% change

Total revenues

2,243

+269

(5)

+211

2,724

+21%

Adjusted EBITDA

(1)

+35

103

+75%

Adjusted EBITDA margin

2.6%

3.8%

Analysis of Change

in $ millions

Three months ended September 30, 2024

Currency

Acquisitions

Divestitures

Organic

Three months ended September 30, 2025

% change

Total revenues

5,299

(4)

+254

–

+88

5,637

+6%

Adjusted EBITDA

1,484

(1)

+60

–

+12

1,555

+5%

Adjusted EBITDA margin

28.0%

27.6%

Americas Materials Solutions’ Total revenues were 21% ahead of the first quarter of 2025, driven by favorable underlying demand and contributions from acquisitions.

~~Americas~~In Essential Materials, ~~Solutions’~~Total ~~total~~ revenues ~~were~~increased 6by 31%, ~~ahead~~reflecting ofstrong ~~the~~underlying ~~third~~demand ~~quarter~~across ofmost ~~2024,~~regions ~~supported~~as bywell ~~favorable~~as ~~underlying~~contributions ~~activity~~from ~~levels~~acquisitions. Aggregates volumes increased by 14% year-over-year, ~~sustained~~while pricing ~~momentum~~declined by 1%, reflecting geographic and ~~positive~~project ~~contributions~~mix-effects. ~~from~~Cement ~~acquisitions~~volumes were 10% ahead of the prior year, while pricing was 1% behind.

In ~~Essential~~Road ~~Materials~~Solutions, ~~total~~Total revenues ~~increased~~were ~~by 9~~16% ~~due~~ahead toof ~~positive~~the ~~pricing~~prior ~~and~~year, ~~solid~~driven ~~underlying~~by ~~demand.~~a ~~Aggregates~~strong ~~volumes~~start ~~increased~~to bythe 7%year ~~supported~~due byto ~~positive~~robust ~~demand~~project ~~and~~activity. ~~contributions~~Asphalt ~~from~~volumes ~~acquisitions~~increased inby ~~the period~~13%, while ~~underlying~~pricing ~~cement~~was ~~volumes~~in ~~were~~line 4%with ~~ahead of~~ the prior year. ~~Aggregates~~Readymixed ~~pricing~~concrete volumes increased by 12%, with pricing up 4% ~~year-on-year,~~over ~~impacted~~the bysame aperiod. ~~geographic~~Paving and ~~project-related~~construction ~~shift~~revenues inincreased ~~product~~by ~~mix~~16%, ~~during~~supported ~~the~~by ~~period,~~strong ~~while~~project ~~underlying~~execution, ~~cement~~backlog ~~pricing~~conversion, ~~was~~and upcontributions 1%from acquisitions.

InAdjusted ~~Road~~EBITDA ~~Solutions,~~for ~~total~~Americas ~~revenues~~Materials ~~increased~~Solutions bywas 575%. ~~Asphalt~~ahead ~~volumes~~of ~~increased by 6% supported by more favorable weather conditions, with pricing in line with~~ the prior year., ~~Readymixed~~driven ~~concrete volumes increased~~ by 1%strong ~~compared~~underlying todemand, ~~the~~disciplined ~~prior~~cost ~~year~~management, ~~while pricing increased by 2%. Paving~~ and ~~construction revenues increased by 4% supported by~~ contributions from acquisitions. ~~Construction~~Adjusted ~~backlogs~~EBITDA ~~were~~margin was 120bps ahead of the ~~prior~~first ~~year,~~quarter ~~with~~of ~~positive momentum in bidding activity~~2025.

Third quarter Adjusted EBITDA for Americas Materials Solutions was 5% ahead of the prior year, supported by positive pricing momentum, disciplined cost management and contributions from acquisitions. Adjusted EBITDA margin was 40bps lower than the third quarter of 2024, primarily due to the non-recurrence of equivalent levels of prior year gains on land asset sales.26

~~Americas~~CRH ~~Materials~~FORM ~~Solutions~~10-Q

Nine months ended September 30, 2025

Analysis of Change

in $ millions

Nine months ended September 30, 2024

Currency

Acquisitions

Divestitures

Organic

Nine months ended September 30, 2025

% change

Total revenues

11,907

(17)

+612

(16)

(97)

12,389

+4%

Adjusted EBITDA

2,692

(2)

+117

+42

2,855

+6%

Adjusted EBITDA margin

22.6%

23.0%

Americas Materials Solutions’ total revenues were 4% ahead of the first nine months of 2024, as pricing progress and contributions from acquisitions more than offset weather-impacted volumes in some markets earlier in the year.

In Essential Materials, total revenues increased by 4% supported by positive pricing and good contributions from acquisitions. Aggregates volumes increased by 4% driven by positive contributions from acquisitions, while underlying cement volumes were 1% ahead compared to the same period in 2024. Prices in aggregates were ahead by 5% year-on-year, impacted by product mix, while underlying cement prices were ahead by 2%.

In Road Solutions, total revenues increased by 4% due to sustained activity levels, positive contributions from acquisitions and higher pricing. Readymixed concrete volumes were up 4% compared to the prior year, supported by acquisitions, while pricing increased by 2%. Paving and construction revenues increased by 2%, with construction backlogs ahead of the prior year. Asphalt volumes increased 3% over the prior year while pricing increased by 1%.

Adjusted EBITDA for Americas Materials Solutions was 6% ahead of the comparable period in 2024, driven by positive acquisition performance, disciplined cost management and operational efficiencies. Adjusted EBITDA margin increased by 40bps on the same period in 2024.

CRH Form 10-Q 31

Americas Building Solutions

Three months ended September 30, 2025

Analysis of Change

in $ millions

Three months ended March 31, 2025

Currency

Acquisitions

Divestitures

Organic

Three months ended March 31, 2026

% change

Total revenues

1,682

+18

–

(35)

1,668

(1%)

Adjusted EBITDA

287

–

(2)

287

—

Adjusted EBITDA margin

17.1%

17.2%

Analysis of Change

in $ millions

Three months ended September 30, 2024

Currency

Acquisitions

Divestitures

Organic

Three months ended September 30, 2025

% change

Total revenues

1,757

–

+38

(8)

+10

1,797

+2%

Adjusted EBITDA

355

–

+12

(2)

+67

432

+22%

Adjusted EBITDA margin

20.2%

24.0%

Americas Building Solutions' Total revenues were 1% behind the first quarter of 2025, due to subdued new-build residential demand and adverse weather conditions in certain markets, partly offset by contributions from acquisitions.

~~Americas~~In Building & Infrastructure Solutions', ~~total~~Total revenues were 24% ahead of the ~~third~~first quarter of ~~2024~~2025, driven by ~~good~~strong ~~commercial~~demand ~~management~~in ~~and~~our ~~contributions~~utility ~~from~~infrastructure ~~acquisitions~~markets.

In ~~Building~~Outdoor &Living ~~Infrastructure~~ Solutions, ~~total~~Total revenues were 3% ~~ahead~~behind ofthe Q3prior ~~2024~~year period, ~~driven~~as bysubdued ~~solid~~new-build residential demand ~~in water~~ and aadverse ~~good~~weather ~~performance~~impacted ~~in our energy business supported by data center~~ activity ~~and positive contributions from acquisitions~~levels.

InAdjusted ~~Outdoor~~EBITDA ~~Living~~for ~~Solutions,~~Americas ~~total~~Building ~~revenues~~Solutions ~~were~~was 2%in ~~ahead~~line ofwith the ~~prior~~first ~~year~~quarter ~~period~~of 2025, ~~with~~as ~~positive~~strong ~~contributions~~cost ~~from~~control ~~acquisitions~~and operational efficiencies offset cost inflation and ~~resilient~~subdued ~~underlying~~new-build ~~RMI~~residential demand. Adjusted EBITDA margin was 10bps ahead of the prior year period.

Adjusted EBITDA for Americas Building Solutions was 22% ahead of the third quarter of 2024, benefiting from good cost management, positive contributions from acquisitions and ongoing business and asset optimization initiatives, including the gain on disposal of certain land assets. Adjusted EBITDA margin was 380bps ahead of the prior year period.

Americas Building Solutions

Nine months ended September 30, 2025

Analysis of Change

in $ millions

Nine months ended September 30, 2024

Currency

Acquisitions

Divestitures

Organic

Nine months ended September 30, 2025

% change

Total revenues

5,566

(5)

+181

(27)

(77)

5,638

+1%

Adjusted EBITDA

1,139

–

+49

(5)

+37

1,220

+7%

Adjusted EBITDA margin

20.5%

21.6%

Americas Building Solutions' total revenues were up 1% compared to the prior year, driven by good commercial management and contributions from acquisitions, which offset adverse weather impacts.

In Building & Infrastructure Solutions, total revenues were 3% ahead of the same period in 2024, supported by good underlying activity in our water and energy businesses and positive impacts from acquisitions.

In Outdoor Living Solutions, total revenues were in line with the prior year, as the impact of adverse weather across certain key markets was partly offset by incremental growth from acquisitions.

Adjusted EBITDA for Americas Building Solutions was 7% ahead of prior year, with good commercial management, positive contributions from acquisitions and gains on land asset sales more than offsetting the impact of challenging weather and subdued residential activity. Adjusted EBITDA margin was 110bps ahead of the prior year period.

CRH Form 10-Q 32

International Solutions

Three months ended September 30, 2025

Analysis of Change

in $ millions

Three months ended March 31, 2025

Currency

Acquisitions

Divestitures

Organic

Three months ended March 31, 2026

% change

Total revenues

2,831

+257

+161

(176)

(95)

2,978

+5%

Adjusted EBITDA

149

+19

196

+32%

Adjusted EBITDA margin

5.3%

6.6%

Analysis of Change

in $ millions

Three months ended September 30, 2024

Currency

Acquisitions

Divestitures

Organic

Three months ended September 30, 2025

% change

Total revenues

3,459

+149

+137

(134)

+24

3,635

+5%

Adjusted EBITDA

615

+27

+21

+43

708

+15%

Adjusted EBITDA margin

17.8%

19.5%

International Solutions' Total revenues were 5% ahead of the first quarter of 2025, as contributions from acquisitions, positive pricing momentum, and currency tailwinds more than offset weather-impacted volumes and the impact of divestitures.

~~International~~In ~~Solutions'~~Essential ~~total~~Materials, Total revenues were 512% ahead of the ~~third~~comparable ~~quarter~~period in 2025. Aggregates volumes were 8% ahead of ~~2024~~the prior year period, supported by ~~pricing~~acquisitions, ~~momentum~~while ~~and~~cement ~~contributions~~volumes ~~from~~were ~~acquisitions~~in line with the prior year. Aggregates pricing was in line with the prior year period, while cement pricing was 3% ahead.

In ~~Essential~~Road ~~Materials~~Solutions, ~~total~~Total revenues were 7%in ~~ahead~~line ofwith the comparable period in ~~2024~~2025, ~~supported~~impacted by ~~strong~~divestitures. ~~contributions~~Readymixed ~~from~~concrete volumes were 2% ahead of the prior year period, supported by acquisitions, ~~offsetting~~while ~~reduced~~pricing ~~activity~~increased inby ~~certain~~3% ~~markets~~year-over-year. ~~Aggregates~~Asphalt volumes and ~~cement~~prices ~~volumes~~ were 18% and 65% ahead of the comparable period in ~~2024~~2025, respectively, ~~with~~supported ~~pricing~~by inhigher ~~line~~activity ~~with~~levels ~~the comparable period~~ in ~~2024~~Western Europe.

InWithin ~~Road~~Building ~~Solutions,~~& ~~total~~Infrastructure ~~revenues~~Solutions ~~were~~and 2%Outdoor ~~ahead~~Living ~~of the comparable period in 2024~~Solutions, ~~with~~Total ~~volumes~~revenues inwere ~~readymixed concrete 1~~4% ahead ~~and pricing in line with the prior year, benefiting from higher activity levels across most markets. Asphalt pricing was slightly ahead~~ of the comparable period in ~~2024~~2025, with ~~volumes~~currency ~~declining~~tailwinds ~~1%.~~more ~~Paving~~than ~~and~~offsetting ~~construction revenue declined by 7% due to~~ the impact of divestitures.

~~Within~~Adjusted ~~Building~~EBITDA &in ~~Infrastructure~~International Solutions ~~and~~was ~~Outdoor~~32% ~~Living~~ahead ~~Solutions,~~of ~~total~~the ~~revenues~~first ~~were~~quarter ~~9% ahead~~ of ~~the~~2025, ~~comparable~~benefiting ~~period~~from inpositive ~~2024~~pricing momentum, ~~supported~~improved byoperational efficiencies and contributions from acquisitions. Adjusted EBITDA margin increased by 130bps compared to the prior year period.

Adjusted EBITDA in International Solutions was 15% ahead of the third quarter of 2024, driven by operational efficiencies, resilient pricing and contributions from acquisitions. Adjusted EBITDA margin increased by 170bps compared to the prior year.27

~~International~~CRH ~~Solutions~~FORM 10-Q

Nine months ended September 30, 2025

Analysis of Change

in $ millions

Nine months ended September 30, 2024

Currency

Acquisitions

Divestitures

Organic

Nine months ended September 30, 2025

% change

Total revenues

9,229

+255

+937

(292)

(125)

10,004

+8%

Adjusted EBITDA

1,323

+53

+124

(9)

+87

1,578

+19%

Adjusted EBITDA margin

14.3%

15.8%

In the first nine months of the year, total revenues in International Solutions increased by 8%, driven by contributions from acquisitions and favorable pricing.

In Essential Materials, total revenues were 9% above the comparable period in 2024 due to favorable pricing and contributions from acquisitions which more than offset the impact of the European Lime operations divestment. Aggregates pricing was 3% ahead with cement pricing 1% ahead of the comparable period in 2024, while aggregates and cement volumes were 5% and 9% ahead of the prior year, respectively.

In Road Solutions, total revenues were 9% above the comparable period in 2024, with volumes and prices in readymixed concrete ahead by 13% and 5%, respectively, benefiting from volume growth in the majority of countries as well as contributions from acquisitions. Asphalt volumes and pricing declined 3% and 2%, respectively.

Total revenues in Building & Infrastructure Solutions and Outdoor Living Solutions increased by 5% compared to the prior year, supported by contributions from acquisitions.

Adjusted EBITDA in International Solutions was 19% ahead of the comparable period in 2024, with contributions from acquisitions, pricing progress and operational efficiencies driving improvements. Adjusted EBITDA margin increased by 150bps compared to the prior year.

CRH Form 10-Q 33

Non-GAAP Reconciliation and Supplementary Information

CRH uses a number of non-GAAP ~~performance~~financial measures to monitor financial performance. These measures are referred to throughout the discussion of our reported financial position and operating performance on a continuing operations basis unless otherwise defined and are measures which are regularly reviewed by CRH management. These ~~performance~~financial measures may not be uniformly defined by all companies and accordingly may not be directly comparable with similarly titled measures and disclosures by other companies.

Certain information presented is derived from amounts calculated in accordance with U.S. GAAP but is not itself an expressly permitted GAAP measure. The non-GAAP ~~performance~~financial measures as summarized below should not be viewed in isolation or as an alternative to the most directly comparable GAAP measure.

Adjusted EBITDA: Adjusted EBITDA is defined as earnings from continuing operations before interest, taxes, depreciation, depletion, amortization, ~~loss~~Loss on impairments, gain/loss on divestitures and investments, ~~income~~Income/loss from equity method investments, substantial acquisition-related costs and pension expense/income excluding current service cost component. It is quoted by management in conjunction with other GAAP and non-GAAP financial measures to aid investors in their analysis of the performance of the Company. Adjusted EBITDA by segment is monitored by management in order to allocate resources between segments and to assess performance. ~~Adjusted EBITDA margin is calculated by expressing Adjusted EBITDA as a percentage of total revenues.~~

AAdjusted ~~reconciliation~~EBITDA tomargin ~~the~~is ~~most~~calculated ~~directly~~by ~~comparable~~expressing ~~GAAP~~Adjusted ~~measure~~EBITDA isas ~~presented~~a ~~below:~~percentage of Total revenues.

	Three months ended		Nine months ended
	September 30		September 30
in $ millions	2025	2024	2025	2024
Net income	1,519	1,389	2,753	2,812
Income from equity method investments	(26)	(25)	(17)	(27)
Income tax expense	428	531	795	942
(Gain) loss on divestitures and investments (i)	(4)	(59)	38	(242)
Pension income excluding current service cost component (i)	(5)	(1)	(14)	(3)
Other interest, net (i)	(3)	(2)	(7)	(1)
Interest expense	209	164	590	452
Interest income	(37)	(33)	(104)	(112)
Depreciation, depletion, amortization and impairment	601	467	1,606	1,288
Substantial acquisition-related costs (ii)	13	23	13	45
Adjusted EBITDA	2,695	2,454	5,653	5,154
Total revenues	11,069	10,515	28,031	26,702
Net income margin	13.7%	13.2%	9.8%	10.5%
Adjusted EBITDA margin	24.3%	23.3%	20.2%	19.3%
(i) (Gain) loss on divestitures and investments, pension income excluding current service cost component and other interest, net have been included in Other nonoperating income (expense), net in the Condensed Consolidated Statements of Income.
(ii) Represents expenses associated with non-routine substantial acquisitions, which meet the criteria for being separately reported in Note 3 “Acquisitions” of the unaudited financial statements. Expenses primarily include legal and consulting expenses related to these non-routine substantial acquisitions.

Reconciliation to its most directly comparable GAAP measure is presented below:

Net Debt: Net Debt is used by management as it gives additional insight into the Company’s current debt position less available cash. Net Debt is provided to enable investors to see the economic effect of gross debt, related hedges and cash and cash equivalents in total. Net Debt comprises short and long-term debt, finance lease liabilities, cash and cash equivalents and current and noncurrent derivative financial instruments (net).


	Three months ended
	March 31
in $ millions	2026	2025
Net loss	(180)	(98)

Loss from equity method investments	11	10
Income tax benefit	(55)	(58)
Loss on divestitures and investments (i)	6	26
Pension income excluding current service cost component (i)	(5)	(4)
Other interest, net (i)	3	(2)
Interest expense	203	181
Interest income	(21)	(37)
Depreciation, depletion, and amortization	576	477
Loss on impairments (ii)	48	–

Adjusted EBITDA	586	495

Total revenues	7,370	6,756
Net loss margin	(2.4%)	(1.5%)
Adjusted EBITDA margin	8.0%	7.3%

(i) Loss on divestitures and investments, pension income excluding current service cost component and other interest, net have been included in Other nonoperating expense, net in the Condensed Consolidated Statements of Income.
(ii) For the three months ended March 31, 2026, Loss on impairments totaled $48 million, related to the International Solutions segment.

ANet ~~reconciliation~~Debt: Net Debt is used by management as it gives additional insight into the Company’s current debt position less available cash. Net Debt is provided to enable investors to see the ~~most~~economic ~~directly~~effect ~~comparable~~of ~~GAAP~~gross ~~measure~~debt, related hedges and cash and cash equivalents in total. Net Debt is ~~presented~~comprised ~~below:~~of short and long-term debt, finance lease liabilities, cash and cash equivalents and current and noncurrent derivative financial instruments (net).

	September 30	December 31	September 30
in $ millions	2025	2024	2024
Short and long-term debt	(18,702)	(13,968)	(13,890)
Cash and cash equivalents	4,198	3,720	2,978
Finance lease liabilities	(506)	(257)	(228)
Derivative financial instruments (net)	4	(27)	(35)
Net Debt	(15,006)	(10,532)	(11,175)

Reconciliation to the most directly comparable GAAP measure is presented below:

CRH Form 10-Q 34


	March 31	December 31	March 31
in $ millions	2026	2025	2025
Short and long-term debt	(18,549)	(17,653)	(15,671)
Cash and cash equivalents (i)	3,293	4,096	3,352
Finance lease liabilities (i)	(592)	(534)	(336)
Derivative financial instruments (net)	20	(60)	(31)
Net Debt	(15,828)	(14,151)	(12,686)

(i) Cash and cash equivalents and Finance lease liabilities as of March 31, 2026, include $53 million and $26 million, respectively, that have been reclassified as held for sale.

Organic Revenue and Organic Adjusted EBITDA: CRH pursues a strategy of growth through acquisitions and investments, with total spend on acquisitions and investments of $3.1 billion in the nine months ended September 30, 2025, compared with $3.9 billion for the same period in 2024. Acquisitions completed in 2024 and the first nine months of 2025 contributed incremental total revenues of $0.4 billion and Adjusted EBITDA of $0.1 billion for the three months ended September 30, 2025, and total revenues of $1.7 billion and Adjusted EBITDA of $0.3 billion for the nine months ended September 30, 2025. Cash proceeds from divestitures and disposals of long-lived assets amounted to $0.2 billion for the nine months ended September 30, 2025, compared with $1.2 billion for the nine months ended September 30, 2024. The total revenues impact of divestitures was a negative $0.1 billion and the impact at an Adjusted EBITDA level was $nil for the three months ended September 30, 2025. The total revenues impact of divestitures was a negative $0.3 billion and the impact at an Adjusted EBITDA level was a negative $8 million for the nine months ended September 30, 2025. 28

~~The~~CRH ~~U.S.~~FORM ~~Dollar weakened against most major currencies during the three months ended September 30, 2025, from the comparable period in 2024, resulting in an overall positive currency exchange impact.~~10-Q

Organic Revenue and Organic Adjusted EBITDA: CRH pursues a strategy of growth through acquisitions and investments, with total consideration spend on acquisitions and investments of $0.1 billion in the three months ended March 31, 2026, compared with $0.6 billion for the same period in 2025. Acquisitions completed in 2025 and the first quarter of 2026 contributed incremental total revenues of $0.4 billion and Adjusted EBITDA of $0.1 billion for the three months ended March 31, 2026. Cash proceeds from divestitures and disposals of long-lived assets (including deferred divestiture consideration received) amounted to $34 million for the three months ended March 31, 2026, compared with $107 million for the three months ended March 31, 2025. The Total revenues impact of divestitures was a negative $181 million and the impact at an Adjusted EBITDA level was a positive $24 million for the three months ended March 31, 2026.

The U.S. Dollar weakened against most major currencies during the three months ended March 31, 2026, from the comparable period in 2025, resulting in an overall positive currency exchange impact.

Because of the impact of acquisitions, divestitures, currency exchange translation and other non-recurring items on reported results each reporting period, CRH uses organic revenue and organic Adjusted EBITDA as additional performance indicators to assess performance of pre-existing (also referred to as underlying, like-for-like or ongoing) operations each reporting period.

Organic revenue and organic Adjusted EBITDA are arrived at by excluding the incremental revenue and Adjusted EBITDA contributions from current and prior year acquisitions and divestitures, the impact of ~~currency~~ exchange translation, and the impact of any one-off items. In Part I, Item 2. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section on pages 2726 to 2827, changes in organic revenue and organic Adjusted EBITDA are presented as additional measures of revenue and Adjusted EBITDA to provide a greater understanding of the performance of the Company. Organic change % is calculated by expressing the organic movement as a percentage of the prior year reporting period (adjusted for currency exchange effects). A reconciliation of the changes in organic revenue and organic Adjusted EBITDA to the changes in ~~total~~Total revenues and Adjusted EBITDA by segment is presented with the discussion within each segment’s performance in tables contained in the segment discussion in Part I, Item 2. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” commencing on page 2726.

Diluted EPS pre‑impairment: Diluted EPS pre‑impairment is a measure of the Company's profitability per share from continuing operations excluding any Loss on impairments (which is non-cash) and the related tax impact of such impairments. It is used by management to evaluate the Company's underlying profit performance and its own past performance. Diluted EPS information presented on a pre‑impairment basis is useful to investors as it provides an insight into the Company's underlying performance and profitability. Diluted EPS pre‑impairment is calculated as Net income (loss) adjusted for (i) Net (income) loss attributable to redeemable noncontrolling interests (ii) Net (income) loss attributable to noncontrolling interests (iii) adjustment of redeemable noncontrolling interests to redemption value and excluding any Loss on impairments (and the related tax impact of such impairments) divided by the diluted weighted average number of common shares outstanding for the year.

Reconciliation to its most directly comparable GAAP measure is presented below:


	Three months ended
	March 31
in $ millions, except share and per share data	2026	Per Share - diluted	2025	Per Share - diluted
Weighted average common shares outstanding – diluted	668.5		676.7

Net loss	(180)	($0.27)	(98)	($0.15)

Net loss attributable to noncontrolling interests	4	$0.01	4	$0.01
Adjustment of redeemable noncontrolling interests to redemption value	(7)	($0.01)	(7)	($0.01)
Net loss attributable to CRH for EPS	(183)	($0.27)	(101)	($0.15)
Impairment of property, plant and equipment and intangible assets	48	$0.07	—	—


Net loss attributable to CRH for EPS – pre-impairment (i)	(135)	($0.20)	(101)	($0.15)

(i) Reflective of CRH’s share of impairment of property, plant and equipment and intangible assets ($48 million and $nil million, respectively, for the three months ended March 31, 2026 and March 31, 2025).

Liquidity and Capital Resources

The Company’s primary source of incremental liquidity is cash flows from operating activities, which combined with the cash and cash equivalents balance, the uncommitted U.S. Dollar and Euro Commercial Paper Programs, and committed credit lines, is expected to be sufficient to meet the Company’s working capital needs, capital ~~expenditures~~expenditure, dividends, share repurchases, upcoming debt maturities, and other liquidity requirements associated with our operations for the foreseeable future. In addition, the Company believes that it will have ~~the~~sufficient ability to fund additional acquisitions via cash flows from internally available cash, cash flows from operating activities and, subject to market conditions, via obtaining additional borrowings and/or issuing additional debt or equity securities.

Total short and long-term debt was $18.75 billion atas ~~September~~of 30March 31, ~~2025~~2026, compared with $1417.07 billion atas of December 31, ~~2024~~2025, and $1315.97 billion atas ~~September 30, 2024. In January 2025, wholly-owned subsidiaries~~ of ~~the~~March ~~Company completed the issuance of $1.25 billion 5.125% Senior Notes due 2030~~31, $12025.25 ~~billion 5.500% Senior Notes due 2035, and $0.5 billion 5.875% Senior Notes due 2055.~~ In the ~~nine~~three months ended ~~September~~March 3031, ~~2025~~2026, $21.02 billion ~~net~~ of U.S. Dollar Commercial Paper was issued and $0.2 billion ~~net~~ of Euro Commercial Paper was ~~issued. The $1.25 billion Senior Notes due 2025 were~~ repaid ~~on maturity in May~~.

Net Debt**at ~~September~~as 30of March 31, ~~2025~~2026, was $15.08 billion, compared to $1014.52 billion atas of December 31, ~~2024~~2025, and $1112.27 billion atas ~~September~~of 30March 31, ~~2024~~2025. The increase in Net Debt* compared to December 31, ~~2024~~2025, ~~reflects~~is driven by the seasonal net cash outflow from operating activities, as well as acquisitions, cash returns to shareholders through continued share buybacks and ~~dividends, acquisitions, as well as~~ the purchase of property, plant and equipment ~~partially~~in ~~offset~~the ~~by inflows from operating activities~~quarter.

CRH continued its ongoing share buyback program in the first ~~nine~~three months of ~~2025~~2026 repurchasing approximately 92.69 million Ordinary Shares for a total consideration of $0.93 billion, ~~and~~compared ~~the Company is commencing an additional $0.3 billion tranche~~ to ~~be completed no later than February 17, 2026~~3.2 ~~The~~million ~~Company~~Ordinary ~~also~~Shares ~~made~~repurchased ~~cash~~for ~~dividend~~total ~~payments~~consideration of $0.73 billion in the first ~~nine~~three months of 2025.

AtAs ~~September~~of 30March 31, ~~2025~~2026, CRH had cash and cash equivalents and restricted cash of $43.3 billion, compared to $34.81 billion atas of December 31, ~~2024~~2025, and $3.14 billion atas ~~September~~of 30March 31, ~~2024~~2025. Total lease liabilities were $21.09 billion, compared to $12.61 billion atas of December 31, ~~2024~~2025, and $1.67 billion atas ~~September~~of 30March 31, ~~2024~~2025.

At*Represents ~~September~~a ~~30,~~non-GAAP ~~2025,~~financial ~~CRH had $4~~measure.2 ~~billion~~See ~~of undrawn committed facilities, $4.1 billion of which was available until May 2030. During April 2025,~~ the ~~Company~~discussion ~~extended~~within ~~the~~'Non-GAAP ~~maturity~~Reconciliation ~~date~~and ofSupplementary ~~$4.1~~Information' ~~billion~~on inpages ~~undrawn~~28 ~~committed facilities~~ to ~~May 2030~~29.* ~~At September 30, 2025, the weighted average maturity of the term debt (net of cash and cash equivalents) was 7.2 years.~~

Other than items updated in this Quarterly Report, CRH's financial condition and the nature and composition of the Company’s material cash requirements, which include debt service and related interest payments, operating lease obligations, share repurchase commitments and other purchase obligations arising in the normal course of business, have not materially changed from those disclosed in the 2024 Form 10-K.29

CRH FORM 10-Q

As of March 31, 2026, CRH had $4.5 billion of undrawn committed facilities available until May 2030. As of March 31, 2026, the weighted average maturity of the term debt (net of cash and cash equivalents) was 8.4 years.

Cash flows

Cash flows from operating activities

Nine months ended

Three months ended

September 30

March 31

in $ millions

~~2025~~2026

~~2024~~2025

Net cash provided by operating activities

2,710

2,259

Net cash used in operating activities

(616)

(659)

The seasonal impact on the Company's operations disproportionately negatively impacts the quarterly operating cash flow results when compared with the full year. Net cash ~~provided~~used byin operating activities was $20.76 billion for the ~~nine~~three months ended ~~September~~March 3031, ~~2025~~2026, ancompared ~~increase~~to of $0.57 billion, ~~compared~~in to the same period in ~~2024~~2025. The ~~increase~~decrease in net cash ~~provided~~used byin operating activities was primarily due to improved operating performance~~, partially offset by increased working capital investments~~.

*Represents a non-GAAP measure. See the discussion within 'Non-GAAP Reconciliation and Supplementary Information' on pages 34 to 35.*

CRH Form 10-Q 35

Cash flows from investing activities

Nine months ended

Three months ended

September 30

March 31

in $ millions

~~2025~~2026

~~2024~~2025

Net cash used in investing activities

(~~4,705~~722)

(~~4,405~~964)

Net cash used in investing activities was $40.7 billion for the ~~nine~~three months ended ~~September~~March 3031, ~~2025~~2026, compared to $41.40 billion in the same period ~~for~~in ~~2024, an increase of $0~~2025.3 ~~billion.~~ During the ~~nine~~three months ended ~~September~~March 3031, ~~2025~~2026, the Company invested $30.1 billion in acquisitions, a decrease of $0.75 billion on the same period in ~~2024~~2025. Capital expenditure totaled $10.96 billion in the first ~~nine~~three months of ~~2025~~2026, ~~resulting~~ in anline ~~increased~~with ~~outflow of $0.3 billion versus~~ the comparable prior year period. ~~These~~Investing outflows in the prior year were partially offset by ~~$0.3~~the ~~billion~~ proceeds from divestitures and disposals of long-lived assets and other investing activities, ~~compared~~totaling to $1.0.2 billion ~~in the prior year~~.

Cash flows from financing activities

Nine months ended

Three months ended

September 30

March 31

in $ millions

~~2025~~2026

~~2024~~2025

Net cash provided by (used in) financing activities

2,319

(1,144)

Net cash provided by financing activities

572

1,141

Net cash provided by financing activities was $20.36 billion for the ~~nine~~three months ended ~~September~~March 3031, ~~2025~~2026, compared to $1.1 billion ~~used~~ in the same period in ~~2024, an increase of $3~~2025.5 ~~billion.~~ Proceeds from debt issuances were $71.82 billion, which was primarily related to the issuance of $31.02 billion inof ~~new~~commercial ~~senior~~paper. ~~notes~~This inis ~~January~~a ~~2025~~reduction ~~and the issuance~~ of $41.68 billion ofon ~~commercial~~the ~~paper,~~same anperiod ~~increase~~in 2025 which included the issuance of $4.3.0 billion onin ~~the~~new ~~same~~senior ~~period~~notes in ~~2024~~January 2025. Payments on debt in the first ~~nine~~three months of ~~2025~~2026 were $30.72 billion, being the repayment of $20.42 billion issued under the Company’s commercial paper programs ~~and the repayment of a $1~~.25 ~~billion bond on maturity in May 2025.~~ This compared with a repayment of $1.95 billion in the prior year comparable period, which related to the repayment of ~~a euro-denominated bond on maturity in January 2024 as well as the repayment of~~ $1.25 billion issued under the Company’s commercial paper programs. Dividends paid for the first nine months of 2025 were $0.7 billion compared to $1.5 billion in the same period in the prior year. A second interim dividend for 2023 was paid in Q1 2024 which was not repeated in Q1 2025 as the Company moved to quarterly dividends in 2024. Outflows related to the repurchases of common stock were $0.93 billion in the first ~~nine~~three months of ~~2025~~2026, ~~compared~~in toline ~~$1.2~~with ~~billion for~~ the ~~same~~comparable ~~period~~prior inyear ~~2024~~period.

Debt ~~Facilities~~facilities

The following section summarizes certain material provisions of our debt facilities and long-term debt obligations. The following description is only a summary, does not purport to be complete and is qualified in its entirety by reference to the documents governing such indebtedness (~~available~~which inare ~~the~~filed ~~Investors~~as ~~section~~exhibits onto ~~www.crh.com~~our 2025 Form 10-K).

AtAs ~~September~~of 30March 31, ~~2025~~2026, we expect maturities of our debt facilities and long-term debt obligations for the ~~next~~remainder ~~quarter~~of 2026 as follows:

2025 Debt Maturities


2026 Debt Maturities
Second Quarter			$1.2 billion
Third Quarter			–
Fourth Quarter			$0.9 billion

~~Fourth Quarter $3.7 billion~~30

~~Unsecured~~CRH ~~Senior~~FORM ~~Notes~~10-Q

~~The~~Unsecured ~~main~~senior sources of Company debt funding are public bond markets in North America and Europe. See Note 8 “Debt” in Part I, Item 1. “Financial Statements” for further details regarding our debt obligations. In January 2025, wholly-owned subsidiaries of the Company completed the issuance of $1.25 billion 5.125% Senior Notes due 2030, $1.25 billion 5.500% Senior Notes due 2035, and $0.5 billion 5.875% Senior Notes due 2055. In May 2025, $1.25 billion 3.875% Senior Notes due 2025 were repaid on maturity. In October 2025, a wholly-owned subsidiary of the Company completed the issuance and sale of $1.0 billion 4.400% Guaranteed Notes due 2031, $1.0 billion 5.000% Guaranteed Notes due 2036, and $0.5 billion 5.600% Guaranteed Notes due 2056.notes

~~Bank~~The ~~Credit~~main ~~Facilities~~sources of Company debt funding are public bond markets in North America and Europe. See Note 9 “Debt” in Part I, Item 1. “Financial Statements” for further details regarding our debt obligations.

~~The~~Bank ~~Company~~credit manages its borrowing ability by entering into committed borrowing agreements. The Company has a multi-currency RCF, dated May 2023, which is made available from a syndicate of lenders, consisting of a €3.5 billion unsecured, revolving loan facility. During April 2025, the Company completed a one-year extension option on the undrawn committed facilities ~~extending the maturity date to May 2030. See Note 8 “Debt” in Part I, Item 1. “Financial Statements” for further details regarding the RCF. At September 30, 2025, the RCF was undrawn.~~

InThe ~~December~~Company ~~2024,~~partly ~~the~~manages ~~Company~~its ~~entered~~borrowing requirements by entering into acommitted ~~new~~borrowing ~~$750~~agreements. ~~million~~The ~~two~~Company has a multi-~~year~~currency ~~fixed~~RCF, ~~rate~~dated ~~term~~May 2023, which is made available from a syndicate of lenders, consisting of a €3.5 billion unsecured, revolving loan facility, ~~which~~maturing May 2030. See Note 9 “Debt” in Part I, Item 1. “Financial Statements” of this Quarterly Report for further details regarding the RCF. As of March 31, 2026, the RCF was ~~fully~~undrawn ~~drawn~~and currently continues to remain undrawn.

Guarantees

The Company has given letters of guarantee to secure obligations of subsidiary undertakings as follows: $17.85 billion in respect of loans and borrowings, bank advances and derivative obligations, and $0.5 billion in respect of letters of credit due within one year atas ~~September~~of 30March 31, ~~2025~~2026.

Commercial ~~Paper~~paper ~~Programs~~programs

As atof ~~September~~March 3031, ~~2025~~2026, the Company had a $4.0 billion U.S. Dollar Commercial Paper Program and a €1.5 billion Euro Commercial Paper Program. Commercial paper borrowings bear interest at rates determined at the time of borrowing. As atof ~~September~~March 3031, ~~2025~~2026, there was $31.2 billion of outstanding notes issued under the U.S. Dollar Commercial Paper Program and $~~0.6~~nil billion of outstanding notes issued under the Euro Commercial Paper Program. The purpose of these programs is to provide short-term liquidity.

Off-Balance ~~Sheet~~sheet ~~Arrangements~~arrangements

CRH does not have any off-balance sheet arrangements that have, or are reasonably likely to have, a current or future effect on CRH’s financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that may be material to investors.

~~CRH~~Credit ~~Form 10-Q 36~~ratings1*

~~Credit~~Our Ratings1*credit ratings and outlooks as of March 31, 2026, are as follows:

Our credit ratings and the ratings outlooks at September 30, 2025, were:


	Short-Term	Long-Term	Outlook
S&P	A-2	BBB+	Stable
Moody’s	P-2	Baa1	Stable
Fitch	F1	BBB+	Stable

Contractual ~~Obligations~~obligations

An analysis of the maturity profile of debt, leases capitalized, purchase obligations, and deferred and contingent acquisition consideration ~~and~~as ~~pension~~of ~~scheme~~March ~~contribution commitments at September 30~~31, ~~2025~~2026, is as follows:

Payments due by period

Total

Less than ~~1year~~1 year

2-~~3years~~3 years

4-~~5years~~5 years

More than ~~5years~~5 years

in $ millions

Short and long-term debt (i)

18,~~769~~629

32,~~982~~494

43,~~506~~954

4,~~206~~640

67,~~075~~541

Lease liabilities (ii)

2,~~454~~390

~~379~~393

~~682~~632

~~395~~419

~~998~~946

Estimated interest payments on contractually committed debt (iii)

56,~~333~~559

~~659~~758

1,~~104~~321

~~847~~996

23,~~723~~484

Deferred and contingent acquisition consideration

6159

5544

Purchase obligations (iv)

21,~~391~~956

1,~~364~~237

~~675~~370

~~102~~77

~~250~~272

Retirement benefit obligation commitments (v)

Total (v)

29,593

4,926

6,282

6,140

12,245

Total (vi)

29,025

6,442

6,977

5,555

10,051

(i) Of the $18.86 billion short and long-term debt, $0.67 billion is drawn on revolving facilities which may be repaid and redrawn up to the date of maturity.

(ii) Lease liabilities are presented on an undiscounted basis.

(iii) These interest payments have been estimated on the basis of the following assumptions: (a) no change in variable interest rates; (b) no change in
exchange rates; (c) that all debt is repaid as if it falls due from future cash generation; and (d) that none is refinanced by future debt issuance.

(iv) Purchase obligations include contracted-for capital expenditure. These expenditures for replacement and new projects are in the ordinary course of business and will be financed from internal resources.

(v) Over ~~These~~the ~~retirement~~long-term, ~~benefit~~CRH ~~commitments~~believes ~~comprise~~that ~~the~~its ~~contracted~~available ~~payments~~cash ~~related~~and cash equivalents, cash from operating activities, along with access to ~~our~~borrowing ~~pension~~facilities ~~schemes~~will inbe ~~the~~sufficient ~~United~~to ~~Kingdom~~fund its long-term contractual obligations, maturing debt obligations and capital expenditures.

~~(vi)~~1A ~~Over~~security ~~the~~rating ~~long-term,~~is ~~CRH~~not ~~believes~~a ~~that~~recommendation ~~our~~to ~~available cash and cash equivalents~~buy, ~~cash~~sell ~~from~~or ~~operating~~hold ~~activities,~~securities ~~along~~and ~~with~~may ~~the~~be ~~access~~subject to ~~borrowing~~revision ~~facilities~~or ~~will~~withdrawal beat ~~sufficient~~any totime ~~fund~~by ~~our~~the ~~long-term~~assigning ~~contractual~~rating ~~obligations,~~organization. ~~maturing~~Each ~~debt~~rating ~~obligations~~should ~~and~~be ~~capital expenditures.~~

evaluated independently of any other rating. Lower credit ratings generally result in higher-borrowing costs, including costs of derivative transactions and reduced access to debt capital

markets, and may adversely impact our liquidity.*


31

CRH FORM 10-Q

Supplemental Guarantor Information

Guarantor ~~Financial~~financial ~~Information~~information

As of ~~September~~March 3031, ~~2025~~2026, CRH plc (the 'Guarantor') has fully and unconditionally guaranteed: (1) $750 million of 5.200% Senior Notes due 2029 (the '5.200% Notes') and $1,250 million of 5.125% Senior Notes due 2030 (the '5.125% Notes'), each issued by CRH SMW Finance Designated Activity Company (‘SMW Finance’); (2) $300 million of 6.400% Senior Notes due 2033(i) (the '6.400% Notes') issued by CRH America, Inc. (‘CRH America’); and (3) $750 million of 5.400% Senior Notes due 2034 (the '5.400% Notes'), $1,250 million of 5.500% Senior Notes due 2035 (the '5.500% Notes') and $500 million of 5.875% Senior Notes due 2055 (the '5.875% Notes'), each issued by CRH America Finance, Inc. (‘America Finance’). Together, the 5.200% Notes, the 5.125% Notes, the 6.400% Notes, the 5.400% Notes, the 5.500% Notes and the 5.875% Notes are referred to in this Supplemental Guarantor Information as the 'Notes', and together, SMW Finance, CRH America and CRH America Finance are referred to in this Supplemental Guarantor Information as the 'Issuers'.

The Issuers are each 100% owned by CRH plc, directly or indirectly. SMW Finance is an indirect wholly-owned finance subsidiary of CRH plc incorporated under the laws of Ireland and is a financing vehicle for CRH’s group companies. CRH America is an indirect wholly-owned finance subsidiary of CRH plc incorporated under the laws of the State of Delaware and is a holding company for certain of CRH's U.S. operating companies as well as a financing vehicle for the Company. America Finance is an indirect wholly-owned finance subsidiary of CRH plc incorporated under the laws of the State of Delaware and is a financing vehicle for CRH’s U.S. operating companies.

Each series of Notes is unsecured and ranks equally with all other present and future unsecured and unsubordinated obligations of the relevant Issuer and CRH plc, subject to exceptions for obligations required by law. Each series of Notes is fully and unconditionally guaranteed by CRH plc as defined in the respective indenture governing each series of Notes. Each guarantee is a full, irrevocable, and unconditional guarantee of the principal, interest, premium, if any, and any other amounts due in respect of the relevant series of Notes given by CRH plc.

(i) Originally issued in September 2003 as $300 million 6.400% Senior Notes due 2033. CRH subsequently acquired $87 million of the 6.400% Notes in liability management exercises in August 2009 and December 2010.

1ABasis security rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time by the assigning rating organization. Each rating should be evaluated independently of any other rating.* presentation

The following summarized financial information reflects, on a combined basis, the Balance Sheet as of March 31, 2026, and as of December 31, 2025, and the Income Statement for the three months ended March 31, 2026, and for the year ended December 31, 2025 of CRH ~~Form~~America 10and CRH plc, which guarantees the registered debt; collectively the ‘Obligor Group’. Intercompany balances and transactions within the Obligor Group have been eliminated in the summarized financial information below. Amounts attributable to the Obligor Group’s investment in non-~~Q 37~~obligor subsidiaries have also been excluded. Intercompany receivables/payables and transactions with non-obligor subsidiaries are separately disclosed as applicable. This summarized financial information has been prepared and presented pursuant to Regulation S-X Rule 13-01 and is not intended to present the financial position and results of operations of the Obligor Group in accordance with U.S. GAAP.

The summarized Income Statement information is as follows:

Basis of Presentation


in $ millions	Three months ended March 31, 2026	Year ended December 31, 2025
Income from operations before income tax benefit and income from equity method investments (i)	324	3,503
- of which relates to transactions with non-obligor subsidiaries	78	3,431
Net income – all of which is attributable to equity holders of the Company	324	3,502
- of which relates to transactions with non-obligor subsidiaries	78	3,431
(i) Revenues and gross profit for the Obligor Group for the three months ended March 31, 2026 and for the year ended December 31, 2025 amounted to $nil million and $nil million, respectively.

The summarized Balance Sheet information is as follows:
	March 31	December 31
	2026	2025
Current assets	798	864
Current assets – of which is due from non-obligor subsidiaries	651	613
Noncurrent assets	2,350	2,235
Noncurrent assets – of which is due from non-obligor subsidiaries	2,349	2,235
Current liabilities	1,861	1,594
Current liabilities – of which is due to non-obligor subsidiaries	1,843	1,587
Noncurrent liabilities	742	743

The following summarized financial information reflects, on a combined basis, the Balance Sheet as of September 30, 2025, and as of December 31, 2024, and the Income Statement for the nine months ended September 30, 2025, and for the year ended December 31, 2024 of CRH America and CRH plc, which guarantees the registered debt; collectively the ‘Obligor Group’. Intercompany balances and transactions within the Obligor Group have been eliminated in the summarized financial information below. Amounts attributable to the Obligor Group’s investment in non-obligor subsidiaries have also been excluded. Intercompany receivables/payables and transactions with non-obligor subsidiaries are separately disclosed as applicable. This summarized financial information has been prepared and presented pursuant to Regulation S-X Rule 13-01 and is not intended to present the financial position and results of operations of the Obligor Group in accordance with U.S. GAAP.

The summarized Income Statement information is as follows:

in $ millions	Nine months ended September 30, 2025	Year ended December 31, 2024
Income from operations before income tax benefit and income from equity method investments (i)	3,608	1,051
- of which relates to transactions with non-obligor subsidiaries	3,600	1,183
Net income – all of which is attributable to equity holders of the Company	3,607	1,050
- of which relates to transactions with non-obligor subsidiaries	3,600	1,183
(i) Revenues and gross profit for the Obligor Group for the nine months ended September 30, 2025 and for the year ended December 31, 2024 amounted to $nil million and $nil million, respectively.
The summarized Balance Sheet information is as follows:
	September 30	December 31
	2025	2024
Current assets	1,097	610
Current assets – of which is due from non-obligor subsidiaries	537	307
Noncurrent assets	1,938	3,446
Noncurrent assets – of which is due from non-obligor subsidiaries	1,938	3,446
Current liabilities	2,454	4,145
Current liabilities – of which is due to non-obligor subsidiaries	2,436	2,890
Noncurrent liabilities	744	758

Critical Accounting Policies and Estimates

There ~~have~~were ~~been~~ no material changes during the three months ended ~~September~~March 3031, ~~2025~~2026, to our critical accounting policies and/or estimates disclosed in the Consolidated Financial Statements included in our ~~2024~~2025 Form 10-K.

Available Information

The Company maintains an internet address at www.crh.com and makes available free of charge through its website its annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, and amendments thereto, if any, filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act, which are available as soon as reasonably practicable after CRH files or furnishes such information to the SEC. Investors may also access such documents via the SEC’s website at www.sec.gov.

References in this document to other documents on the CRH website are included only as an aid to their location and are not incorporated by reference into this Quarterly Report. CRH’s website provides the full text of earnings updates, copies of presentations to analysts and investors and circulars to shareholders.32

~~Further, copies of~~ CRH’s ~~key~~FORM corporate governance policies and other reports, including its Code of Business Conduct, Sustainability Performance Report, and the charters for Committees of the Board, may be found on the CRH website.10-Q

~~The~~From ~~Company~~time ~~undertakes~~to notime, ~~obligation~~we tomay ~~update~~post ~~any~~on our website news releases, announcements and other statements ~~contained~~about our business performance, results of operations and sustainability matters, some of which may contain information that may be deemed material to investors. Additionally, we may use our LinkedIn account (www.linkedin.com/company/crh), as well as our other social media channels from time to time, to post announcements that may contain information that may be deemed material to investors. Our officers may use similar social media channels to disclose information about the Company. We encourage investors, the media and others interested in ~~this~~CRH ~~Quarterly~~to ~~Report~~review the business and financial information we or our officers post on our website and the ~~documents~~social ~~incorporated~~media bychannels ~~reference~~identified ~~herein~~above. ~~for~~Information ~~revisions~~on CRH’s website or ~~changes~~such ~~after~~social ~~the~~media ~~filing~~channels ~~date~~does ofnot ~~this~~form ~~Quarterly~~part ~~Report~~of, ~~other~~and ~~than~~is asnot ~~required~~incorporated byinto, ~~law~~this Quarterly Report.

We post on our website news releases, announcements and other statements about our business performance, results of operations and sustainability matters, some of which may contain information that may be deemed material to investors. Additionally, we use our LinkedIn account (www.linkedin.com/company/crh), as well as our other social media channels from time to time, to post announcements that may contain information that may be deemed material to investors. Our officers may use similar social media channels to disclose public information. We encourage investors, the media and others interested in CRH to review the business and financial information we or our officers post on our website and the social media channels identified above. Information on CRH’s website or such social media channels does not form part of, and is not incorporated into, this Quarterly Report.33

CRH ~~Form~~FORM 10-Q 38

Item 3. Quantitative and Qualitative Disclosures About Market Risk

CRH is exposed to market risks relating to fluctuations in foreign exchange risks, interest rates, and commodity prices. Changes in those factors could impact the Company’s results of operations and financial condition. Financial risk management at the Company seeks to minimize the negative impact of foreign exchange, interest rate and commodity price fluctuations on the Company’s earnings, cash flows and equity. Management provides oversight for risk management and derivative activities, determines certain of the Company’s financial risk policies and objectives, and provides guidelines for derivative instrument utilization.

To manage these risks, CRH uses various derivative financial instruments, including interest rate swaps, foreign exchange forwards and swaps, and commodity contracts. CRH only uses commonly traded and non-leveraged instruments. These contracts are entered into primarily with major banking institutions and utility companies, while CRH actively monitors its exposure to counterparty risk through the use of counterparty approvals and credit limits, thereby managing the risk of counterparty loss.

The following discussion presents the sensitivity of the market value, earnings and cash flows of the Company’s financial instruments to hypothetical changes in interest and exchange rates assuming these changes occurred atas ~~September~~of 30March 31, ~~2025~~2026.

Interest Rate Risk

CRH may be impacted by interest rate volatility with respect to existing debt and future debt issuances as well as cash balances. For fixed rate debt instruments, interest rate changes affect the fair market value but do not impact earnings or cash flows. Conversely, for floating rate debt instruments, interest rate changes generally do not affect the fair market value of the instrument but impact future earnings and cash flows, assuming that other factors are held constant. Cash balances are held on short-term deposits and changing interest rates will impact deposit interest income earned. The Company uses interest rate swaps to convert a portion of its fixed rate debt to floating rate debt and these may be designated and qualify as fair value hedges. The Company also uses interest rate swaps to convert a portion of its floating rate debt to fixed rate debt and these may be designated and qualify as cashflow hedges. Under these arrangements, the Company agrees to exchange, at specified intervals, the difference between fixed and benchmark floating interest rates calculated by reference to an agreed-upon notional principal amount.

AtAs ~~September~~of 30March 31, ~~2025~~2026, of total debt including overdrafts, finance leases and the impact of derivatives, the Company had fixed rate debt of $1416.19 billion and floating rate debt of $52.12 billion, representing 7388% and 2712%, respectively. The equivalent figures as atof December 31, ~~2024~~2025, were fixed rate debt of $1016.86 billion and floating rate debt of $31.56 billion, representing 7691% and 249%, respectively, and as atof ~~September~~March 3031, ~~2024~~2025, fixed rate debt of $1013.49 billion and floating rate debt of $32.81 billion, representing 7487% and 2613%, respectively. The Company’s interest rate swaps atas ~~September~~of 30March 31, ~~2025~~2026 whereby the Company swaps from fixed interest rates to floating interest rates, were $0.5 billion, compared to $10.45 billion as atof December 31, ~~2024~~2025 and $1.4 billion as atof ~~September~~March 3031, ~~2024~~2025. The Company’s interest rate swaps atas ~~September~~of 30March 31, ~~2025~~2026 whereby the Company swaps from floating interest rates to fixed interest rates, were $~~nil~~0.4 billion, compared to $~~0.2~~nil billion as atof December 31, ~~2024~~2025 and $~~0.2~~nil billion as atof ~~September~~March 3031, ~~2024~~2025. Cash and cash equivalents and restricted cash atas ~~September~~of 30March 31, ~~2025~~2026, were $43.3 billion, compared to $34.81 billion atas of December 31, ~~2024~~2025 and $3.14 billion atas ~~September~~of 30March 31, ~~2024~~2025, which were all held on short-term deposits and investments.

Sensitivity to interest rate moves

AtAs ~~September~~of 30March 31, ~~2025~~2026, the before-tax earnings and cash flows impact of a ~~100bps~~10 bps increase in interest rates, including the offsetting impact of derivatives, on the variable rate cash and debt portfolio would be approximately $911 million ~~unfavorable~~favorable ($224 million favorable atas of December 31, ~~2024~~2025 and $812 million ~~unfavorable~~favorable atas ~~September~~of 30March 31, ~~2024~~2025).

Foreign Exchange Rate Risk

CRH’s exchange rate exposures result primarily from its investments and ongoing operations in countries outside of the United States and other business transactions such as the procurement of products, services and equipment from foreign sources. Fluctuations in foreign currency exchange rates may affect (i) the carrying value of the Company’s net investment in foreign subsidiaries; (ii) the translation of foreign currency earnings; and (iii) the cash flows related to foreign currency denominated transactions.

Where economically feasible, the Company maintains Net Debt*2in the same relative ratio as capital employed to act as an economic hedge of the underlying currency assets. Where it is not feasible to do so, the Company may enter into foreign exchange forward contracts to hedge a portion of the net investment against the effect of exchange rate fluctuations. These transactions are designated as net investment hedges.

The Company also enters into foreign exchange forward contracts to hedge against the effect of exchange rate fluctuations on cash flows denominated in foreign currencies. These transactions are designated as cash flow hedges. In addition, the Company may enter into foreign currency contracts that are not designated in hedging relationships to offset, in part, the impacts of changes in value of various non-functional currency denominated items including certain intercompany financing balances. The U.S. Dollar equivalent gross notional amount of the Company’s foreign exchange forward contracts was $4.19 billion atas ~~September~~of 30March 31, ~~2025~~2026, compared to $4.63 billion atas of December 31, ~~2024~~2025 and $43.4 billion atas ~~September~~of 30March 31, ~~2024~~2025.

Holding all other variables constant, if there was a 10% weakening in foreign currency exchange rates versus U.S. Dollar for the portfolio, the fair market value of foreign currency contracts outstanding atas ~~September~~of 30March 31, ~~2025~~2026, would increase by approximately $20168 million with an offsetting movement in the hedged foreign currency exposure. In comparison, the fair market value of foreign currency contracts outstanding atas of December 31, ~~2024~~2025 would ~~decrease~~increase by approximately $86201 million and atas ~~September~~of 30March 31, ~~2024~~2025, would ~~decrease~~increase by approximately $~~104~~24 million, with an offsetting movement in the hedged foreign currency exposure.

Commodity Price Risk

Some of the Company’s products use significant amounts of commodity-priced materials, predominantly oil, electricity, coal and carbon credits which are subject to price changes based upon fluctuations in the commodities market. This price volatility could potentially have a material impact on our financial condition and/or our results of operations. Where feasible, the Company manages commodity price risks through negotiated supply contracts and forward contracts to manage operating costs. The Company monitors commodity trends and where possible has alternative sourcing plans in place to mitigate the risk of supplier concentration and passing commodity-related inflation to customers or suppliers.

Where appropriate, the Company also has a number of derivative hedging programs in place to hedge commodity risks, with the aim of the programs being to neutralize variability arising from changes in associated commodity indices. The timeframe for such programs can be up to ~~four~~three years.

* Represents a non-GAAP financial measure. See the discussion within 'Non-GAAP Reconciliation and Supplementary Information' on pages 3428 to 3529.2

~~CRH Form 10-Q 39~~34

CRH FORM 10-Q

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Management has evaluated the effectiveness of the design and operation of the disclosure controls and procedures as defined in Securities Exchange Act Rule 13a-15(e) as of ~~September~~March 3031, ~~2025~~2026. Based on that evaluation, the Chief Executive Officer and the Chief Financial Officer have concluded that these disclosure controls and procedures were effective as of such date at the level of providing reasonable assurance.

In designing and evaluating our disclosure controls and procedures, management, including the Chief Executive Officer and the Chief Financial Officer, recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and management necessarily was required to apply its judgment in evaluating the cost-benefit relationship of possible controls and procedures.

Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within the Company have been detected.

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting during our most recently completed fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

~~CRH Form 10-Q 40~~35

CRH FORM 10-Q

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

The Company is from time to time a party to various legal proceedings that arise in the ordinary course of business. We do not believe any pending legal proceeding to which the Company is a party will have a material effect on our financial condition, results of operations or liquidity.

CRH has elected to use a $1 million threshold for disclosing certain proceedings under environmental laws to which a governmental authority is a party. Applying this threshold, there were no relevant legal proceedings to disclose for this period.

Item 1A. Risk Factors

There have been no material changes with respect to the risk factors disclosed in 'Item 1A. Risk Factors' of our ~~2024~~2025 Form 10-K.

Item 2. Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities

The following table presents the number and average price of shares purchased in each month of the ~~third~~first quarter of fiscal year ~~2025~~2026:

Period	(a)Total Number of Shares Purchased	(b)Average Price Paid per Share	(c)Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (i)	(d)Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs
July 1 – July 31, 2025	1,116,931	$95.31	1,116,931	36,905,154
January 1 – January 31, 2026	626,600	$124.36	626,600	58,108,900
August 1 – August 31, 2025	858,527	$109.54	858,527	64,242,049
February 1 – February 28, 2026	727,065	$123.02	727,065	54,605,535
September 1 – September 30, 2025	762,827	$112.57	762,827	63,479,222
March 1 – March 31, 2026	1,570,793	$104.75	1,570,793	53,034,742
Total	2,~~738~~924,~~285~~458		2,~~738~~924,~~285~~458

(i) In May 2018, CRH announced its intention to introduce a share repurchase program to repurchase Ordinary Shares (the ‘Program’). In the ~~third~~first quarter of ~~2025~~2026, the Company returned a further $0.3 billion of cash to shareholders through the repurchase of 2,~~738~~924,~~285~~458 Ordinary Shares (equivalent to 0.4% of the Company’s issued and outstanding Ordinary Shares). This brought total cash returned to shareholders under the Program to $9.39 billion since its commencement in May 2018. The purchases in the ~~third~~first quarter of ~~2025~~2026 were completed under the following tranches:

Date Announced		Max Amount to be Repurchased (in $ millions)	Expiration Date
May 5, 2025	(Tranche 25)	300	August 5, 2025
November 6, 2025	(Tranche 27)	300	February 17, 2026
August 6, 2025	(Tranche 26)	300	November 5, 2025
February 19, 2026	(Tranche 28)	300	April 28, 2026

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

The information concerning mine safety violations or other regulatory matters required by Section 1503(a) of the Dodd‐Frank Wall Street Reform and Consumer Protection Act and Item 104 of Regulation S‐K (17 CFR 229.104) is included in Exhibit 95 to this Quarterly Report.

Item 5. Other Information

During the three months ended ~~September~~March 3031, ~~2025~~2026, no Director or officer (as defined in Section 16 of the Exchange Act) of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) and (c) of Regulation S-K.

~~CRH Form 10-Q 41~~36

CRH FORM 10-Q

Item 6. Exhibits

The following exhibits are filed as part of, or incorporated by reference into, this Quarterly Report.

Exhibits


3.1			Memorandum and Articles of Association of CRH public limited compa ny, dated May 8, 2025 (incorporated by refer ence to Exhibit 3.1 to the current report on Form 8-K filed May 9, 2025).
22.1			List of Guarantors and Subsidiary Issuers of Guaranteed Securities.
31.1			Certification of Chief Executive Officer Pursuant to Rule 13a-14(a) or Rule 15d-14(a), as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2			Certification of Chief Financial Officer Pursuant to Rule 13a-14(a) or Rule 15d-14(a), as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1*			Certification of Chief Executive Officer Pursuant to Rule 13a-14(b) or Rule 15d-14(b) and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2*			Certification of Chief Financial Officer Pursuant to Rule 13a-14(b) or Rule 15d-14(b) and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
95.1			Disclosure of Mine Safety and Health Administration (MSHA) Safety Data.
101			Inline eXtensible Business Reporting Language (XBRL).
104			Cover Page Interactive Data File (formatted in iXBRL in Exhibit 101).
*			Furnished herewith.

The total amount of long-term debt of the registrant and its subsidiaries authorized under any one instrument does not exceed 10% of the total assets of CRH plc and its subsidiaries on a consolidated basis. The Company agrees to furnish copies of any such instrument to the SEC upon request.

~~CRH Form 10-Q 42~~37

CRH FORM 10-Q

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CRH public limited company (Registrant)

By /s/ Nancy Buese
Nancy Buese
Chief Financial Officer

~~November~~April 530, ~~2025~~2026

~~CRH Form 10-Q 43~~38

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