The guidance cut and earnings miss are the primary stock-moving events. Watch for Q4 2026 results to gauge the impact of the Arcosa acquisition and Velocity cost savings, as well as any further weakness in residential construction markets.
Price Chart
Executive Summary
CRH reported Q3 2026 revenue of $11.4B (+3% YoY) and GAAP diluted EPS of $1.86, below the consensus estimate of $2.03. Net income fell 22% to $1.2B due to a $178M impairment charge. The company lowered its full-year 2026 guidance: net income now $3.1B-$3.3B (from $3.9B-$4.1B) and Adjusted EBITDA $7.8B-$8.0B (from $8.1B-$8.5B), citing cost inflation and a weak residential market. Positives include the completion of the $8.5B Arcosa acquisition, a new $6B share buyback program through 2030, and the launch of the Velocity transformation initiative targeting $400M in annual run-rate benefits by end of 2028.
Key Financial Metrics
Key Facts
- Q3 2026 total revenue $11.4B, +3% YoY from $11.1B
- GAAP diluted EPS $1.86, down 16% from $2.21 YoY; consensus was $2.03
- Net income $1.2B, down 22% from $1.5B YoY
- Adjusted EBITDA $2.7B, flat YoY; margin fell 80bps to 23.5%
- Full-year 2026 guidance lowered: net income $3.1B-$3.3B (from $3.9B-$4.1B), Adjusted EBITDA $7.8B-$8.0B (from $8.1B-$8.5B), diluted EPS $4.63-$4.85 (from $5.60-$6.05)
- Completed $8.5B acquisition of Arcosa on October 23, 2026
- Announced new $6B share buyback program expiring end of 2030
- Launched Velocity transformation initiative targeting $400M annual run-rate benefits by end of 2028
- Americas Building Solutions revenue -3% YoY, Adjusted EBITDA -18% YoY
- Loss on impairments of $178M related to Philippines reporting unit
Financial Impact
Full-year net income guidance cut by $0.8B at midpoint ($3.2B vs $4.0B); EPS guidance cut by $1.09 at midpoint ($4.74 vs $5.83)
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Americas Materials Solutions | $6.0B | +6.2% |
| Americas Building Solutions | $1.8B | -2.5% |
| International Solutions | $3.7B | +0.7% |
Risk Factors
- Inflationary cost environment pressuring margins
- Subdued residential construction demand
- Integration risk from the Arcosa acquisition
- Execution risk for the Velocity transformation program
- Further impairments in International Solutions
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000849395-26-000012 |
| Document: crh-20261029.htm | 0000849395-26-000012 |
| Document: 0000849395-26-000012-index-headers.html | 0000849395-26-000012 |
| Document: 0000849395-26-000012-index.html | 0000849395-26-000012 |
| Document: 0000849395-26-000012.txt | 0000849395-26-000012 |
| 8-K Data (Synthetic) | 0000849395-26-000012 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 29, 2026 3d ago | 8-K | $90.62 | awaiting T+5 | awaiting T+5 | $90.81 (−0.21%) |
Oct 23, 2026 9d ago | 8-K | $84.89 $90.81 | ▲ +6.97% | ▲ +7.53% | $90.81 (+6.97%) |
Jun 22, 2026 18w ago | 8-K | $111.25 $108.87 | ▼ −2.14% | ▼ −1.68% | $90.81 (−18.37%) |
Jun 16, 2026 19w ago | 8-K | $112.84 $110.28 | ▼ −2.27% | ▼ −0.04% | $90.81 (−19.52%) |
Mar 13, 2026 33w ago | DEFA14A | $103.02 $104.42 | ▲ +1.36% | ▲ +3.40% | $90.81 (−11.85%) |
Mar 11, 2026 33w ago | Insider Cluster | $104.00 $101.91 | ▼ −2.01% | ▲ +0.18% | $90.81 (−12.68%) |
Mar 4, 2026 34w ago | 8-K | $110.71 $99.73 | ▼ −9.92% | ▼ −7.68% | $90.81 (−17.97%) |
US Market Status
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