CRH Q2 2026: Revenue Hits $10.8B, Arcosa Deal on Track, Divestitures Complete
CRH is trading near its 52-week low of $93.58 (11% above the low).
Summary
CRH reported strong Q2 2026 results with $10.8B in revenue and $1.5B in net income. The $8.5B Arcosa acquisition is on track for Q1 2027 close, funded by a new $2.5B term loan. Divestitures of non-core assets generated a $266M gain. Share buybacks are paused, but the dividend was raised 5%.
Key Events · Earnings and Guidance · CRH
-
Q2 Revenue and Earnings Beat
Total revenues rose 6% to $10.8 billion, net income increased 13% to $1.5 billion, and diluted EPS was $2.21, driven by strong demand and pricing in Americas Materials Solutions.
-
Arcosa Acquisition Update
The $8.5 billion all-cash acquisition of Arcosa, announced June 22, 2026, is expected to close in Q1 2027, subject to stockholder and regulatory approvals. The deal will significantly expand CRH's U.S. aggregates and energy infrastructure capabilities.
-
Divestitures Completed
CRH completed the sale of its construction accessories and lawn and garden operations for $0.7 billion and $1.1 billion, respectively, generating a $266 million pre-tax gain in Q2.
-
Financing for Arcosa
A $2.5 billion three-year term loan facility was entered into on July 17, 2026, reducing the bridge facility from $5.8 billion to $3.3 billion. The bridge facility carries a variable rate starting at SOFR + 0.25%.
Analysis · CRH · Manufacturing
CRH delivered a strong second quarter with revenue up 6% to $10.8 billion and net income rising 13% to $1.5 billion. The company confirmed its $8.5 billion all-cash acquisition of Arcosa is on track to close in Q1 2027, a transformative deal that will significantly expand its U.S. infrastructure footprint. CRH also completed the divestiture of its construction accessories and lawn and garden operations, generating a $266 million pre-tax gain. To fund the Arcosa deal, CRH arranged a $2.5 billion term loan, reducing its bridge facility to $3.3 billion. The company paused its share buyback program to prioritize the acquisition, while raising its dividend by 5%. These results and strategic moves reinforce CRH's position as a leading building materials provider, but the Arcosa integration and increased leverage warrant close attention.
At the time of this filing, CRH was trading at $103.58 on NYSE in the Manufacturing sector, with a market capitalization of approximately $66.6B. The 52-week trading range was $93.58 to $131.55. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.