Latest Ratios: P/E Ratio 18.6x · EV/EBITDA 9.8x · ROE 9.8%. (1997–2026 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $63.4B | $55.4B | $84.5B | $63.8B | $50.4B | $30.4B | $41.5B | $33.7B | $32.6B | $22.0B | $30.3B |
| Enterprise Value | $79.8B | $71.9B | $99.6B | $75.4B | $57.1B | $35.4B | $47.9B | $39.8B | $40.2B | $30.0B | $37.4B |
| P/E Ratio → | 18.57 | 21.85 | 22.65 | 18.28 | 15.97 | 7.91 | 16.20 | 30.03 | 21.57 | 22.52 | 16.63 |
| P/S Ratio | 1.37 | 1.88 | 2.26 | 1.79 | 1.44 | 0.93 | 1.34 | 1.22 | 1.31 | 0.92 | 1.25 |
| P/B Ratio | 2.40 | 2.10 | 3.32 | 2.79 | 2.33 | 1.36 | 1.99 | 1.66 | 1.66 | 1.16 | 1.69 |
| P/FCF | 24.94 | 124.24 | 29.01 | 26.46 | 15.76 | 12.51 | 15.64 | 11.45 | 14.40 | 24.82 | 26.53 |
| P/OCF | 27.90 | 24.40 | 15.02 | 12.79 | 10.05 | 7.69 | 9.87 | 8.55 | 9.38 | 10.77 | 14.11 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.43 | 2.66 | 2.12 | 1.63 | 1.08 | 1.55 | 1.44 | 1.62 | 1.25 | 1.54 |
| EV / EBITDA | 9.81 | 12.27 | 13.11 | 11.21 | 9.81 | 6.27 | 8.96 | 10.06 | 10.07 | 9.04 | 12.14 |
| EV / EBIT | 20.28 | 16.93 | 17.73 | 14.45 | 13.06 | 9.15 | 13.12 | 19.39 | 17.84 | 14.33 | 18.45 |
| EV / FCF | — | 161.17 | 34.19 | 31.26 | 17.85 | 14.57 | 18.04 | 13.53 | 17.76 | 33.80 | 32.67 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.4% | 36.4% | 36.1% | 35.7% | 34.2% | 33.2% | 33.9% | 33.2% | 31.8% | 32.3% | 32.1% |
| Operating Margin | 13.3% | 13.3% | 14.5% | 13.8% | 12.0% | 11.9% | 11.6% | 8.2% | 10.0% | 9.2% | 8.4% |
| Net Profit Margin | 8.6% | 8.6% | 10.0% | -0.1% | 9.1% | 11.8% | 8.3% | 4.1% | 6.2% | 4.1% | 7.5% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.8% | 9.8% | 15.5% | -0.1% | 14.5% | 17.8% | 12.4% | 5.6% | 7.9% | 5.3% | 11.0% |
| ROA | 4.3% | 4.3% | 6.9% | -0.1% | 6.9% | 8.6% | 5.7% | 2.4% | 3.2% | 2.3% | 5.1% |
| ROIC | 7.1% | 7.1% | 10.9% | 11.8% | 11.3% | 10.7% | 10.0% | 6.3% | 6.9% | 6.4% | 6.6% |
| ROCE | 8.0% | 8.0% | 12.1% | 12.7% | 11.4% | 10.6% | 9.6% | 6.3% | 7.3% | 6.9% | 7.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.82 | 0.82 | 0.75 | 0.67 | 0.60 | 0.49 | 0.58 | 0.68 | 0.89 | 0.91 | 0.53 |
| Debt / EBITDA | 3.68 | 3.68 | 2.52 | 2.28 | 2.24 | 1.94 | 2.27 | 3.50 | 4.39 | 5.17 | 3.11 |
| Net Debt / Equity | — | 0.62 | 0.59 | 0.51 | 0.31 | 0.22 | 0.30 | 0.30 | 0.39 | 0.42 | 0.39 |
| Net Debt / EBITDA | 2.81 | 2.81 | 1.98 | 1.72 | 1.15 | 0.89 | 1.19 | 1.55 | 1.91 | 2.40 | 2.28 |
| Debt / FCF | — | 36.93 | 5.18 | 4.81 | 2.09 | 2.06 | 2.40 | 2.08 | 3.36 | 8.98 | 6.15 |
| Interest Coverage | 6.72 | 6.72 | 6.93 | 8.53 | 11.63 | 9.65 | 11.75 | 5.28 | 5.77 | 6.05 | 7.01 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.46 | 1.46 | 1.74 | 1.37 | 1.69 | 1.67 | 1.85 | 2.01 | 1.34 | 1.29 | 1.62 |
| Quick Ratio | 1.05 | 1.05 | 1.14 | 0.91 | 1.26 | 1.19 | 1.38 | 1.59 | 1.10 | 1.03 | 1.17 |
| Cash Ratio | 0.41 | 0.41 | 0.47 | 0.36 | 0.63 | 0.67 | 0.76 | 1.03 | 0.77 | 0.68 | 0.35 |
| Asset Turnover | — | 0.48 | 0.64 | 0.70 | 0.74 | 0.72 | 0.69 | 0.61 | 0.52 | 0.51 | 0.64 |
| Inventory Turnover | 3.69 | 3.69 | 4.56 | 4.81 | 5.36 | 5.21 | 5.68 | 5.91 | 5.48 | 4.64 | 5.07 |
| Days Sales Outstanding | — | 88.16 | 50.47 | 49.46 | 47.07 | 47.96 | 50.87 | 54.06 | 115.00 | 80.81 | 56.99 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.2% | 1.4% | 1.2% | 2.7% | 1.9% | 3.0% | 2.2% | 2.1% | 1.8% | 2.5% | 1.5% |
| Payout Ratio | 30.6% | 30.6% | 26.5% | — | 29.6% | 23.8% | 35.3% | 63.0% | 38.0% | 55.0% | 25.7% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.4% | 4.6% | 4.4% | 5.5% | 6.3% | 12.6% | 6.2% | 3.3% | 4.6% | 4.4% | 6.0% |
| FCF Yield | 4.0% | 0.8% | 3.4% | 3.8% | 6.3% | 8.0% | 6.4% | 8.7% | 6.9% | 4.0% | 3.8% |
| Buyback Yield | 1.1% | 1.3% | 1.4% | 2.3% | 6.1% | 3.9% | 2.2% | 0.7% | 2.6% | 3.6% | 0.0% |
| Total Shareholder Yield | 2.3% | 2.7% | 2.6% | 5.0% | 7.9% | 6.9% | 4.3% | 2.8% | 4.4% | 6.1% | 1.6% |
| Shares Outstanding | — | $669M | $677M | $690M | $729M | $764M | $787M | $791M | $808M | $837M | $841M |
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying CRH stock.
CRH plc's current P/E ratio is 18.6x. The historical average is 30.4x. This places it at the 41th percentile of its historical range.
CRH plc's current EV/EBITDA is 9.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.4x.
CRH plc's return on equity (ROE) is 9.8%. The historical average is 10.7%.
Based on historical data, CRH plc is trading at a P/E of 18.6x. This is at the 41th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
CRH plc's current dividend yield is 1.23% with a payout ratio of 30.6%.
CRH plc has 36.4% gross margin and 13.3% operating margin. Operating margin between 10-20% is typical for established companies.
CRH plc's Debt/EBITDA ratio is 3.7x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.
Key Metrics
Top Statement Risk
Cyclical construction demand exposure
Metrics are mathematically derived from official filings.
Premium Multiples Priced Against Modest Growth
Based on reported figures, CRH trades at 18.57x trailing earnings and 9.81x EV/EBITDA, a discount to Vulcan's 33.19x P/E and 18.30x EV/EBITDA while its 6.07 PEG ratio signals growth expectations well above recent earnings momentum.
The 6.07 PEG ratio suggests the market is pricing in growth far above what trailing earnings currently support, which warrants caution. Relative to Martin Marietta and Eagle Materials, the 2.40x P/B looks reasonable against a 9.8% ROE, but the implied growth expectation may prove aggressive if margin recovery stalls. Investors should monitor whether the reported EPS beat translates into sustained earnings revisions before accepting the current multiple as fair.
Margin Recovery Remains Seasonally Fragile
As reported in the quarterly statements, CRH's operating margin swung from 0.3% in Q1 2025 to 19.3% in Q2 2025, and the 8.6% trailing net margin trails Vulcan's 13.6% and Martin Marietta's 17.4%.
The spread between seasonal troughs and peaks points to a high fixed-cost base that amplifies volume swings, so single-quarter margins overstate or understate earning power. The gap versus US aggregate peers may reflect heavier European exposure, carbon-related costs, or a lower-margin mix in the Building Products segment. Normalizing for seasonality, the trailing operating margin of 13.3% is a more reliable reference for true earning power than any individual quarter.
Returns Compressed Below Peer Levels
Based on the supplied ratio history, ROIC has fallen from 4.4% in Q2 2024 to 3.3% in Q4 2026, while peers Eagle Materials and Martin Marietta earn 14.8% and 7.6% respectively on invested capital.
The decline in ROIC, combined with a balance sheet where goodwill rose by roughly $2.2B over the period, suggests acquired capital may be earning returns below the original cost of those acquisitions. Asset-heavy growth with thin incremental returns is a pattern that may indicate value dilution rather than compounding. Investors should watch whether ROIC recovers toward the 4% to 5% range seen in 2024 as integration matures.
Debt Rising Yet Coverage Holds in Most Quarters
According to the reported balance sheets, CRH's total debt climbed from $14.5B to $21.6B, yet the debt-to-equity ratio stayed between 0.66 and 0.82 while interest coverage remained above 6x in most quarters.
Debt growth has tracked acquisition spending rather than operating deterioration, which keeps leverage contained relative to the 0.53 to 3.66 range seen among some peers. The Q1 2026 and Q1 2025 readings, where interest coverage turned negative, appear to reflect seasonal earnings troughs rather than structural strain, but they highlight dependence on peak-quarter cash generation. Refinancing risk appears manageable on reported figures, though investors should monitor the D/EBITDA ratio, which spikes in weak quarters.
Working Capital Cycle Shows Seasonal Swings
As reported in the quarterly statements, CRH's cash conversion cycle ranged from 71 to 100 days across the ten quarters, with inventory days peaking near 89 in Q1 2025 and quarterly asset turnover near 0.31 in Q4 2026.
The lengthening cash conversion cycle during seasonal troughs appears to reflect inventory build ahead of peak construction demand, a pattern consistent with a capital-intensive materials business. Quarterly asset turnover of roughly 0.2 to 0.3 is typical of heavy-asset producers and does not by itself signal inefficiency. Investors should focus on whether the DSO trend stays stable, since rising receivable days during a slowdown could indicate customer stress.
Peak-Quarter Margins May Flatter Earning Power
Based on the supplied peer data, CRH's 8.6% net margin and 6.07 PEG ratio may overstate the durability of the recent rebound if seasonal peak-quarter margins are extrapolated rather than normalized.
Using the strongest quarters as a baseline ignores the negative operating and interest coverage readings in Q1 periods, which suggests the true earning power sits closer to the trailing average than to recent peaks. The 6.07 PEG implies that investors are capitalizing growth that the reported trajectory has not yet demonstrated on a sustained basis. Investors should monitor whether margin gains persist through a full seasonal cycle before treating the current multiple as a fair reflection of normalized earnings.