What changed in this filing

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Item 8. Financial Statements and Supplementary Data

2026-02-18 compared with 2025-02-26 · 511 added, 490 removed, 1312 unchanged (43% of the section changed)

4 unchanged sentences

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of CRH plc and subsidiaries (the Company) as of December 31, 2024, and 2023, the related consolidated statements of income, comprehensive income, changes in equity and cash flows, for each of the three years in the period ended December 31, 2024, and the related notes (collectively referred to as the financial statements).

In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024, and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

We have audited the accompanying consolidated balance sheets of CRH plc and subsidiaries (the Company) as of December 31, 2025, the related consolidated statements of income, comprehensive income, shareholders’ equity, and cash flows for the year then ended December 31, 2025, and the related notes (collectively referred to as the financial statements).

In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025, and the results of its operations and its cash flows for the year ended December 31, 2025, in conformity with accounting principles generally accepted in the United States of America.

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of December 31, 2025, based on criteria established in Internal Control — Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated February 18, 2026, expressed an unqualified opinion on the Company’s internal control over financial reporting.

13 unchanged sentences

The communication of critical audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the critical audit matters below, providing separate opinions on the critical audit matters or on the accounts or disclosures to which they relate.

Acquisitions - Valuation of Property, plant and equipment related to the Hunter and Adbri acquisitions - Refer to Notes 1 and 4 to the financial statements

Acquisitions - Valuation of contract-based Intangible assets - Refer to Notes 1 and 3 to the financial statements

Critical Audit Matter Description

On February 9, 2024, the Company wholly acquired a portfolio of cement and readymixed concrete operations and assets in Texas, United States for a total cash consideration, net of cash acquired, of $2,106 million (the ‘Hunter’ acquisition), and on July 1, 2024, it acquired 57% of the issued share capital of Adbri, a materials business in Australia, for a total cash consideration, net of cash acquired, of $787 million (the ‘Adbri’ acquisition).

The Company accounted for these acquisitions as business combinations.

Accordingly, the purchase price was allocated to the assets acquired and liabilities assumed based on their estimated fair values at the date of acquisition.

These acquisitions included Property, plant and equipment of $ 1,069 million and $ 1,364 million respectively.

We identified the valuation of Property, plant and equipment as a critical audit matter because of the estimates made by management to determine the fair value of these assets for purposes of recording the acquisitions.

This required a high degree of auditor judgment and an increased extent of effort, including the need to involve our valuation specialists when performing audit procedures to determine the fair value of acquired Property, plant and equipment under the replacement cost approach.

This included estimating the useful lives based on management’s historical experience and expectations as to the period of time over which the assets will be used and estimating the cost to replace or reproduce comparable assets adjusted for the remaining useful lives.

As discussed in Notes 1 and 3 to the financial statements, the Company accounts for its business combinations using the acquisition method.

On September 15, 2025, the Company acquired Eco Material Technologies, a leading supplier of supplementary cementitious materials for a total consideration, net of cash acquired, of $2,066 million.

The Eco Material Technologies acquisition is reported in the Americas Materials Solutions segment.

The purchase price was allocated to the assets acquired and liabilities assumed based on their estimated fair values at the date of acquisition.

Management estimated the fair value of the contract-based intangible assets using the multi-period excess earnings method, which involved management making significant estimates and judgments related to forecasted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) margin and discount rate.

We identified the valuation of contract-based intangible assets as a critical audit matter for purposes of recording the opening balance as of the date of acquisition.

This required a high degree of auditor judgment and an increased extent of effort, including the need to involve our fair value specialists, when performing audit procedures to evaluate the reasonableness of the fair value of acquired contract-based intangible assets.

Assumptions that required a high degree of judgment include forecast of future EBITDA margin and the selection of the discount rate.

How the Critical Audit Matter was Addressed in the Audit

Our audit procedures related to the fair value of Property, plant and equipment acquired as part of the acquisitions included the following, among others:

• We tested the effectiveness of controls over the purchase price allocation, including management's controls over the assumptions used in the replacement cost approach for Property, plant and equipment and the review of the work of management's third-party specialists.

• We evaluated the underlying terms of the purchase agreements, in order to corroborate our understanding of the substance of the acquisition obtained through inquiry with the Company's management, as well as to assess the completeness of the assets acquired.

Our audit procedures related to the EBITDA margin forecasts and discount rate included the following, among others:

• We tested the effectiveness of controls over the purchase price allocation, including management's controls over the EBITDA margin forecasts and discount rate used in the valuation of contract-based intangibles and the review of the work of management's third-party specialists.

• We evaluated the competency, capabilities and objectivity of the third-party specialists engaged by management to perform the valuations.

• We read the third-party valuation reports and, with the assistance of our valuation specialists, we evaluated the appropriateness of the Company's methodology used to estimate the cost to replace or reproduce comparable assets adjusted for the remaining useful lives.

• We read the third-party valuation reports and, with the assistance of our fair value specialists, we evaluated the appropriateness of the Company's methodology, inclusive of the use of key valuation assumptions referenced above, used to estimate the valuation of contract-based intangibles.

• We evaluated management’s ability to accurately project the forecasts by performing a retrospective review of actual results to management’s historical EBITDA margin forecasts.

• We assessed the reasonableness of management’s forecasts of EBITDA margin by:

– Comparing the forecasts to historical results.

– Comparing the forecasts to certain external market and industry information.

– Reading the terms of the supply agreements for corroborative or contrary evidence.

• With the assistance of our fair value specialists, we evaluated the appropriateness of the Company's methodology and the discount rate by:

CRH FORM 10-K

Service revenues - Revenue recognition for certain long-term contracts - Refer to Notes 1 and 2 to the financial statements

– Testing the source information underlying the determination of the discount rate and evaluating the mathematical accuracy of the calculations.

– Developing a range of independent estimates for the discount rate and comparing the discount rate selected by management to that range.

Service revenues - Revenue recognition over time - Refer to Notes 1 and 2 to the financial statements

Critical Audit Matter Description

The Company recognizes long-term contract revenue over the contract term as the work progresses because transfer of control and the fulfillment of performance obligations to the customer is continuous.

Revenue derived from long-term contracts, measured on a percentage of completion basis and in-progress at the balance sheet date involves judgment, particularly as it relates to the process of estimating total forecasted costs of the contracts.

We identified revenue recognition for certain long-term contracts, measured on a percentage of completion basis and in-progress at the balance sheet date as a critical audit matter because of the judgments made by management in estimating total forecasted costs of the contracts.

This required extensive audit effort due to the complexity of certain long-term contracts and required a high degree of auditor judgment when performing audit procedures to audit management’s estimates and evaluating the results of those procedures.

As discussed in Notes 1 and 2 to the financial statements, the Company recognizes revenue within its construction contract businesses over time as it performs its obligations.

The percentage-of-completion method is used to recognize revenue when the outcome of a contract can be estimated reliably.

The percentage-of-completion is calculated using an input method and based on the proportion of contract costs incurred at the balance sheet date relative to the total estimated costs of the contract.

As of December 31, 2025, the service revenue related to over-time contracts was $8,693 million.

We identified revenue recognized over time on construction contracts in-process as a critical audit matter because of the judgments necessary for management to estimate total contract costs at completion used to recognize revenue.

How the Critical Audit Matter was Addressed in the Audit

Our audit procedures related to management’s recognition of revenue for certain long-term contracts, measured on a percentage of completion basis and in-progress at the balance sheet date included the following, among others:

• We tested the effectiveness of controls over long-term contract revenue, including management’s controls over the estimates of total forecasted costs.

• We selected a sample of long-term contracts and:

– assessed whether the contracts were properly included in management's calculation of long-term contract revenue based on the terms and conditions of each contract, including whether continuous transfer of control to the customer occurred as progress was made toward fulfilling the performance obligation;

Our audit procedures related to management’s recognition of revenue for construction contracts, measured on a percentage of completion basis and in-progress at the balance sheet date included the following, among others:

• We tested the effectiveness of controls over construction contract revenue, including management’s controls over the evaluation of estimated total contract costs at completion.

• We selected a sample of construction contracts and:

– Tested the accuracy and completeness of the costs incurred to date for the performance obligation to supporting documentation.

– evaluated management's ability to estimate total forecasted costs accurately by:

◦ comparing costs incurred to date to the costs management estimated, at either the inception of the contract or the start of the reporting period;

◦ evaluating management’s ability to accurately estimate the total cost by performing corroborating inquiries with the Company’s project managers, and comparing the estimates to management’s work plans, engineering specifications, and supplier contracts;

◦ comparing management’s estimates for the selected contracts to costs of similar performance obligations, when applicable.

– Tested the mathematical accuracy of management’s calculation of revenue, measured on a percentage of completion basis, for the performance obligation.

– Evaluated the accuracy of estimated total contract costs at completion by (i) inquiring with the Company’s project managers regarding progress to date on specific contracts and total estimated contract costs at completion for reasonableness and (ii) selecting remaining forecasted costs and comparing the selected amounts to underlying contracts and other supporting documentation.

• We evaluated management’s ability to estimate total contract costs at completion accurately by comparing actual costs to management’s historical estimates for contracts that have been completed.

/s/ Deloitte & Touche LLP

Atlanta, Georgia

February 18, 2026

We have served as the Company’s auditor since 2025.

CRH FORM 10-K

Report Of Independent Registered Public Accounting Firm

To the shareholders and the Board of Directors of CRH public limited company (CRH plc)

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheet of CRH plc and subsidiaries (the Company) as of December 31, 2024, the related consolidated statements of income, comprehensive income, changes in equity and cash flows, for each of the two years in the period ended December 31, 2024, and the related notes (collectively referred to as the financial statements).

In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024, and the results of its operations and its cash flows for each of the two years in the period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Company’s management.

Our responsibility is to express an opinion on the Company’s financial statements based on our audits.

We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S.

federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB.

Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks.

Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.

Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that our audits provide a reasonable basis for our opinion.

/s/ Deloitte Ireland LLP

1 unchanged sentence

February 26, 2025

We have served as the Company’s auditor since 2020.

We began serving as the Company’s auditor in 2020.

In 2025 we became the predecessor auditor.

CRH FORM 10-K

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Other nonoperating income (expense), net 29 258 ( 2 )

Income from continuing operations before income tax expense and income from equity method investments 4,714 4,014 3,461

Income before income tax expense and income from equity method investments 4,805 4,714 4,014

Income tax expense ( 1,041 ) ( 1,085 ) ( 925 )

Loss from equity method investments ( 108 ) ( 17 ) –

Income from continuing operations 3,521 3,072 2,699

Income from discontinued operations, net of income tax expense – – 1,190

Income (loss) from equity method investments 26 ( 108 ) ( 17 )

Net income 3,790 3,521 3,072

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Net income attributable to CRH 3,753 3,492 3,178

Basic earnings per share attributable to CRH

Continuing operations $ 5.06 $ 4.36 $ 3.58

Discontinued operations – – $ 1.57

Net income $ 5.06 $ 4.36 $ 5.15

Diluted earnings per share attributable to CRH

Continuing operations $ 5.02 $ 4.33 $ 3.55

Discontinued operations – – $ 1.56

Net income $ 5.02 $ 4.33 $ 5.11

Earnings per share attributable to CRH

Basic $ 5.54 $ 5.06 $ 4.36

Diluted $ 5.51 $ 5.02 $ 4.33

Weighted average common shares outstanding

7 unchanged sentences

Net income 3,790 3,521 3,072

Other comprehensive (loss) income, net of tax:

Other comprehensive income (loss), net of tax:

Currency translation adjustment 713 ( 470 ) 310

3 unchanged sentences

64 44 ( 108 )

Other comprehensive (loss) income ( 442 ) 174 ( 408 )

Other comprehensive income (loss) 792 ( 442 ) 174

Comprehensive income 4,582 3,079 3,246

Comprehensive (income) attributable to redeemable noncontrolling interests ( 28 ) ( 28 ) ( 28 )

Comprehensive loss attributable to noncontrolling interests 52 131 46

Comprehensive (income) loss attributable to noncontrolling interests ( 53 ) 52 131

Comprehensive income attributable to CRH 4,501 3,103 3,349

3 unchanged sentences

(in $ millions, except share data)

At December 31 2024 2023

As of December 31 2025 2024

Current assets:

3 unchanged sentences

Inventories 5,251 4,755

Assets held for sale – 1,268

Other current assets 678 749

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Operating lease liabilities 286 265

Liabilities held for sale – 375

Other current liabilities 1,834 1,577

31 unchanged sentences

Share-based compensation 143 125 123

Gains on disposals from discontinued operations, businesses and long-lived assets, net ( 431 ) ( 66 ) ( 1,422 )

Gains on disposals from businesses and long-lived assets, net ( 247 ) ( 431 ) ( 66 )

Deferred tax expense (benefit) 167 180 ( 64 )

Loss from equity method investments 108 17 –

(Income) loss from equity method investments ( 26 ) 108 17

Pension and other postretirement benefits net periodic benefit cost 21 34 31

34 unchanged sentences

Repurchases of common stock ( 1,181 ) ( 1,482 ) ( 3,067 )

Proceeds from exercise of stock options 8 4 11

Net cash used in financing activities ( 1,186 ) ( 2,380 ) ( 2,499 )

Amounts related to employee share plans ( 47 ) 8 4

Net cash provided by (used in) financing activities 596 ( 1,186 ) ( 2,380 )

Effect of exchange rate changes on cash and cash equivalents, including restricted cash 212 ( 143 ) 208

(Decrease)/increase in cash and cash equivalents, including restricted cash ( 2,631 ) 454 153

Increase (decrease) in cash and cash equivalents, including restricted cash 388 ( 2,631 ) 454

Cash and cash equivalents and restricted cash at the beginning of year 3,759 6,390 5,936

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Shares Amount Shares Amount Shares Amount

Balance at December 31, 2021 0.9 $ 1 774.1 $ 309 ( 3.7 ) ($ 195 ) $ 458 ($ 425 ) $ 20,466 $ 20,614 $ 632 $ 21,246

Net income – – – – – – – – 3,862 3,862 – 3,862

Other comprehensive loss – – – – – – – ( 362 ) – ( 362 ) ( 46 ) ( 408 )

Balance as of December 31, 2022 0.9 $ 1 752.1 $ 302 ( 7.7 ) ($ 297 ) $ 443 ($ 787 ) $ 22,495 $ 22,157 $ 575 $ 22,732

– – – – – – – – 3,178 3,178 ( 134 ) 3,044

Other comprehensive income

– – – – – – – 171 – 171 3 174

Share-based compensation

– – – – – – 123 – – 123 – 123

Repurchases of common stock

Retirement of treasury stock – – ( 22.0 ) ( 7 ) 22.0 879 – – ( 872 ) – – –

– – – – ( 38.2 ) ( 2,019 ) – – – ( 2,019 ) – ( 2,019 )

Repurchases and retirement of common stock

– – ( 17.6 ) ( 6 ) – – – – ( 1,042 ) ( 1,048 ) – ( 1,048 )

Shares issued under employee share plans

– – – – 3.5 117 ( 112 ) – ( 1 ) 4 – 4

Dividends declared on common stock

– – – – – – – – ( 1,688 ) ( 1,688 ) – ( 1,688 )

Distributions to noncontrolling interests

– – – – – – – – – – ( 8 ) ( 8 )

Transactions involving noncontrolling interests

– – – – – – – – – – ( 2 ) ( 2 )

Adjustment of redeemable noncontrolling interests to redemption value

Balance at December 31, 2022 0.9 $ 1 752.1 $ 302 ( 7.7 ) ($ 297 ) $ 443 ($ 787 ) $ 22,495 $ 22,157 $ 575 $ 22,732

– – – – – – – – ( 24 ) ( 24 ) – ( 24 )

Balance as of December 31, 2023 0.9 $ 1 734.5 $ 296 ( 42.4 ) ($ 2,199 ) $ 454 ($ 616 ) $ 22,918 $ 20,854 $ 434 $ 21,288

For the year ended December 31, 2023, dividends declared on common stock were $ 1.33 per common share.

6 unchanged sentences

Shares Amount Shares Amount Shares Amount

Balance at December 31, 2022 0.9 $ 1 752.1 $ 302 ( 7.7 ) ($ 297 ) $ 443 ($ 787 ) $ 22,495 $ 22,157 $ 575 $ 22,732

Net income – – – – – – – – 3,178 3,178 ( 134 ) 3,044

Balance as of December 31, 2023 0.9 $ 1 734.5 $ 296 ( 42.4 ) ($ 2,199 ) $ 454 ($ 616 ) $ 22,918 $ 20,854 $ 434 $ 21,288

– – – – – – – – 3,492 3,492 1 3,493

Other comprehensive income

– – – – – – – ( 389 ) – ( 389 ) ( 53 ) ( 442 )

Share-based compensation

– – – – – – 125 – – 125 – 125

Repurchases of common stock

– – – – ( 2.6 ) ( 180 ) – – – ( 180 ) – ( 180 )

Repurchases and retirement of common stock

– – ( 15.9 ) ( 6 ) – – – – ( 1,296 ) ( 1,302 ) – ( 1,302 )

Shares issued under employee share plans

– – – – 3.6 242 ( 157 ) – ( 88 ) ( 3 ) – ( 3 )

Dividends declared on common stock

– – – – – – – – ( 956 ) ( 956 ) – ( 956 )

Distributions to noncontrolling interests

– – – – – – – – – – ( 30 ) ( 30 )

Divestiture of noncontrolling interests

– – – – – – – – – – ( 19 ) ( 19 )

Noncontrolling interests arising on acquisition

– – – – – – – – – – 507 507

Transactions involving noncontrolling interests

– – – – – – – – – – 19 19

Adjustment of redeemable noncontrolling interests to redemption value

Balance at December 31, 2023 0.9 $ 1 734.5 $ 296 ( 42.4 ) ($ 2,199 ) $ 454 ($ 616 ) $ 22,918 $ 20,854 $ 434 $ 21,288

– – – – – – – – ( 34 ) ( 34 ) – ( 34 )

Balance as of December 31, 2024 0.9 $ 1 718.6 $ 290 ( 41.4 ) ($ 2,137 ) $ 422 ($ 1,005 ) $ 24,036 $ 21,607 $ 859 $ 22,466

For the year ended December 31, 2024, dividends declared on common stock were $ 1.40 per common share.

6 unchanged sentences

Shares Amount Shares Amount Shares Amount

Balance at December 31, 2023 0.9 $ 1 734.5 $ 296 ( 42.4 ) ($ 2,199 ) $ 454 ($ 616 ) $ 22,918 $ 20,854 $ 434 $ 21,288

Net income – – – – – – – – 3,492 3,492 1 3,493

Other comprehensive loss – – – – – – – ( 389 ) – ( 389 ) ( 53 ) ( 442 )

Balance as of December 31, 2024 0.9 $ 1 718.6 $ 290 ( 41.4 ) ($ 2,137 ) $ 422 ($ 1,005 ) $ 24,036 $ 21,607 $ 859 $ 22,466

– – – – – – – – 3,753 3,753 9 3,762

Other comprehensive income

– – – – – – – 748 – 748 44 792

Share-based compensation

Repurchases of common stock – – – – ( 2.6 ) ( 180 ) – – – ( 180 ) – ( 180 )

– – – – – – 143 – – 143 – 143

Repurchases and retirement of common stock

– – ( 11.7 ) ( 4 ) – – – – ( 1,177 ) ( 1,181 ) – ( 1,181 )

Shares issued under employee share plans

– – – – 3.1 121 ( 168 ) – – ( 47 ) – ( 47 )

Dividends declared on common stock

– – – – – – – – ( 996 ) ( 996 ) – ( 996 )

Distributions to noncontrolling interests

Divestiture of noncontrolling interests – – – – – – – – – – ( 19 ) ( 19 )

– – – – – – – – – – ( 12 ) ( 12 )

Noncontrolling interests arising on acquisition

– – – – – – – – – – 7 7

Transactions involving noncontrolling interests

– – – – – – – – – – 137 137

Adjustment of redeemable noncontrolling interests to redemption value

Balance at December 31, 2024 0.9 $ 1 718.6 $ 290 ( 41.4 ) ($ 2,137 ) $ 422 ($ 1,005 ) $ 24,036 $ 21,607 $ 859 $ 22,466

– – – – – – – – ( 23 ) ( 23 ) – ( 23 )

Balance as of December 31, 2025 0.9 $ 1 706.9 $ 286 ( 38.3 ) ($ 2,016 ) $ 397 ($ 257 ) $ 25,593 $ 24,004 $ 1,044 $ 25,048

For the year ended December 31, 2025, dividends declared on common stock were $ 1.48 per common share.

4 unchanged sentences

Description of business

CRH plc (the Company) is a multinational company that operates in the building materials industry, providing essential products and services for construction projects worldwide.

The Company is a major producer of aggregates, cement, readymixed concrete, and asphalt and a supplier of paving and constructions services, providing solutions to a wide range of customers, including contractors, builders, engineers, infrastructure developers, and the residential market.

CRH is one of the largest suppliers of building materials globally.

Effective during the fourth quarter of 2024, the Company's reportable segments changed to the following three segments:

Americas Materials Solutions, Americas Building Solutions and International Solutions.

See Note 20 for further information.

CRH is the leading provider of building materials critical to modernizing infrastructure.

The Company operates in the building materials industry, providing essential materials and 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.

A summary of significant accounting policies used in the preparation of the accompanying Consolidated Financial Statements follows.

8 unchanged sentences

Changes in estimates, including those resulting from changes in the economic environment, are reflected in the Consolidated Financial Statements for 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 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 Consolidated Balance Sheets or Consolidated Statements of Income .

Consolidation

9 unchanged sentences

For such operations, the Company accounts for its pro rata share of assets, liabilities, revenues, and costs in the Consolidated Balance Sheets and Consolidated Statements of Income.

The Company evaluates its Equity method investments for other-than-temporary impairment when events or conditions indicate that the carrying amounts of such investments are not recoverable.

Challenging market conditions in China have impacted future growth prospects and provided indicators of impairment for the carrying value of the Company's equity method investment in China, which forms part of International Solutions.

Accordingly, the Company performed a valuation of its investment in China and identified an impairment charge of $ 190 million, which reflects the difference between its fair value and carrying value at December 31, 2024.

An impairment charge of $ nil million and $ nil million was recognised for the years ended December 31, 2023 and 2022, respectively.

The Company calculated fair value by using a discounted cash flow model, which reflects the value of an investment based on its future cash flows.

The impairment charge was recorded within Loss from equity method investments in the Consolidated Statements of Income and as a reduction to the Equity method investments balance in the Consolidated Balance Sheets.

Noncontrolling interests – nonredeemable and redeemable

Noncontrolling interests represent the portion of the equity of a subsidiary not attributable either directly or indirectly to the Company and are presented separately in the Consolidated Statements of Income and within equity in the Consolidated Balance Sheets, distinguished from Company shareholders’ equity.

Acquisitions of noncontrolling interests are accounted for as transactions with equity holders in their capacity as equity holders and therefore no goodwill is recognized as a result of such transactions.

Subsequent acquisitions of noncontrolling interests are accounted for as transactions with equity holders in their capacity as equity holders and therefore no goodwill is recognized as a result of such transactions.

Noncontrolling interests are measured initially at fair value.

Noncontrolling interests with redemption features, such as put/call options, that are not solely within the Company’s control (redeemable noncontrolling interests) are reported separately in the Consolidated Balance Sheets at the greater of carrying value or redemption value.

The Redeemable noncontrolling interests primarily comprise of the noncontrolling interests in two of the Company’s North American subsidiaries.

The Redeemable noncontrolling interests are primarily comprised of the noncontrolling interests in two of the Company’s North American subsidiaries.

The respective shareholders’ agreements for these entities contain put options that provide the noncontrolling shareholders the right to put their shares to the Company at a value based on a calculated formula.

24 unchanged sentences

Adjustments arising on translation of the results and net assets of non-U.S.

Dollar subsidiaries and equity method investments are recognized as a component of Accumulated other comprehensive income (loss) and Noncontrolling interests both of which are presented in the Consolidated Balance Sheets.

Dollar subsidiaries and equity method investments are recognized as a component of Accumulated other comprehensive loss and Noncontrolling interests both of which are presented in the Consolidated Balance Sheets.

Revenue recognition

18 unchanged sentences

In all construction contract arrangements, the Company has an enforceable right to payment for work and performance obligations completed to date.

In construction contract arrangements, the Company has an enforceable right to payment for work and performance obligations completed to date.

Some of the Company’s construction contracts may contain forms of variable consideration that can either increase or decrease the transaction price.

36 unchanged sentences

• Buildings 40 years;

• Plant and machinery 5 to 30 years

• Plant and machinery five to 30 years

Mineral-bearing land, less an estimate of its residual value, is depleted over the period of the mineral extraction in the proportion to which product for the year bears to the latest estimates of proven and probable mineral reserves.

9 unchanged sentences

(3) the lease term is for a major part of the remaining useful life of the asset;

(4) the underlying asset is of such a specialized nature that is expected to have no alternative use to the lessor at the end of the lease term;

(4) the underlying asset is of such a specialized nature that it is expected to have no alternative use to the lessor at the end of the lease term;

or (5) the present value of the lease payments equals or exceeds substantially all of the fair value of the asset.

27 unchanged sentences

There are three types of derivatives the Company enters into:

(i) those relating to fair value exposures;

(ii) those relating to cash flow exposures;

and (iii) those relating to foreign currency net investment exposures.

(1) those relating to fair value exposures;

(2) those relating to cash flow exposures;

and (3) those relating to foreign currency net investment exposures.

Fair value exposures relate to recognized assets or liabilities, and firm commitments;

6 unchanged sentences

Changes in the fair value of derivatives designated as fair value hedges are recognized in earnings as an offset to the change in the fair values of the underlying exposures being hedged.

The changes in fair value of derivatives that are designated as cash flow hedges are deferred in Accumulated other comprehensive income (loss) and are reclassified to earnings as the underlying hedged transaction affects earnings.

Provided the hedge remains highly effective, any ineffectiveness is deferred in Accumulated other comprehensive income (loss) and is reclassified to earnings as the underlying hedged transaction affects earnings.

Hedges of net investments in foreign subsidiaries are recognized in the currency translation adjustment component of Accumulated other comprehensive income (loss) in the Consolidated Balance Sheets to offset translation gains and losses associated with the hedged net investment.

The changes in fair value of derivatives that are designated as cash flow hedges are deferred in Accumulated other comprehensive loss and are reclassified to earnings as the underlying hedged transaction affects earnings.

Provided the hedge remains highly effective, any ineffectiveness is deferred in Accumulated other comprehensive loss and is reclassified to earnings as the underlying hedged transaction affects earnings.

Hedges of net investments in foreign subsidiaries are recognized in the currency translation adjustment component of Accumulated other comprehensive loss in the Consolidated Balance Sheets to offset translation gains and losses associated with the hedged net investment.

CRH FORM 10-K

Derivatives that are entered into for risk management purposes and are not designated as hedges are recorded at their fair market values and recognized in Net income.

The fair values of the Company's derivatives are not material.

The notional amount of the Company’s outstanding fair value hedges, cash flow hedges, and net investment hedges was $ 1,375 million, $ 342 million, and $ 1,371 million at December 31, 2024, respectively, and $ 1,375 million, $ 550 million, and $ 1,187 million at December 31, 2023, respectively.

The notional amount of derivatives not designated as hedging instruments was $ 3,323 million and $ 338 million at December 31, 2024 and 2023, respectively.

CRH Form 10-K 64

The notional amount of the Company’s outstanding fair value hedges, cash flow hedges, and net investment hedges was $ 500 million, $ 449 million, and $ 2,683 million as of December 31, 2025, respectively, and $ 1,375 million, $ 342 million, and $ 1,371 million as of December 31, 2024, respectively.

The notional amount of derivatives not designated as hedging instruments was $ 1,478 million and $ 3,323 million as of December 31, 2025 and 2024, respectively.

Debt is recorded at initial fair value, which normally reflects the proceeds received by the Company, net of debt issuance costs.

13 unchanged sentences

Intangible assets are amortized on a straight-line basis.

In general, based on the current composition of definite-lived intangible assets, the useful lives for customer-related intangible assets range from 5 to 20 years and the useful lives for marketing-related intangible assets range from 10 to 30 years.

In general, based on the current composition of definite-lived intangible assets, the useful lives for customer-related intangible assets range from five to 20 years, the useful lives for marketing-related intangible assets range from 10 to 30 years and the useful lives for contract-based intangible assets range from two to 20 years.

The Company evaluates the recoverability of its intangible assets subject to amortization when facts and circumstances indicate that the carrying value of the asset may not be recoverable.

4 unchanged sentences

The Company recognizes the funded status, defined as the difference between the fair value of plan assets and the benefit obligation, of its pension plans and other postretirement benefits as an asset or liability in the Consolidated Balance Sheets.

Actuarial gains or losses that arise during the year are recognized as a component of Accumulated other comprehensive income (loss).

Actuarial gains or losses that arise during the year are recognized as a component of Accumulated other comprehensive loss.

Amounts in excess of a corridor are subsequently amortized over the participants’ average remaining service period and recognized as a component of net periodic benefit cost.

1 unchanged sentence

See Note 20 for further information.

The Company has insurance arrangements which comprise employer’s liability (workers’ compensation in the United States), public and products liability (general liability in the United States), automobile liability, property damage, business interruption and various other insurances.

The Company has insurance arrangements which include employer’s liability (workers’ compensation in the United States), public and products liability (general liability in the United States), automobile liability, property damage, business interruption and various other insurances.

Due to the extended timeframe associated with many of the insurances, a significant proportion of the total liability is subject to periodic actuarial valuation.

2 unchanged sentences

Share-based compensation

The Company grants share-based awards, which consist of performance stock units (PSUs) and stock options.

The Company grants share-based compensation awards under its equity compensation plans, which consist of performance share units (PSUs) and restricted share units (RSUs).

All of the share-based compensation awards are classified as equity awards.

2 unchanged sentences

For performance-based awards, compensation expense is recognized only if it is probable that the performance condition will be achieved.

Compensation expense is recognized over the requisite service period for time and performance-based awards, net of estimated forfeitures.

Compensation expense is recognized on a straight-line basis over the requisite service period for time and performance-based awards, net of estimated forfeitures.

See Note 16 for further information.

10 unchanged sentences

Current tax represents the expected tax payable (or recoverable) on the taxable profit for the year using tax rates enacted for the period.

Where items are accounted for outside of profit or loss, the related income tax is recognized either in Other comprehensive (loss) income or directly in equity, as appropriate.

Where items are accounted for outside of profit or loss, the related income tax is recognized either in Other comprehensive income (loss) or directly in equity, as appropriate.

Interest and penalties associated with the liability for income tax are classified as Income tax expense.

The Company’s policy is to release tax effects from Accumulated other comprehensive income (loss) when the underlying items affect earnings.

The Company’s policy is to release tax effects from Accumulated other comprehensive loss when the underlying items affect earnings.

Deferred tax is recognized using the liability method on temporary differences arising at the balance sheet date between the tax bases of assets and liabilities and their carrying amounts in the Consolidated Financial Statements.

13 unchanged sentences

For the year ended December 31, 2025, the Company adopted Accounting Standards Update (ASU) No.

2023-07, Improvements to Reportable Segment Disclosures (Topic 280).

This ASU updates reportable segment disclosure requirements by requiring disclosure of significant reportable segment expenses that are regularly provided to the Chief Operating Decision Maker (CODM) and included within each reported measure of a segment's profit or loss.

This ASU also requires disclosure of the title and position of the individual identified as the CODM and an explanation of how the CODM uses the reported measures of a segment’s profit or loss in assessing segment performance and deciding how to allocate resources.

Adoption of the ASU has been applied retrospectively to all prior periods presented in the Consolidated Financial Statements.

Recently issued accounting pronouncements not yet adopted

In December 2023, the FASB issued ASU No.

2023-09, Improvements to Income Tax Disclosures (Topic 740).

The ASU requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as additional information on income taxes paid.

The ASU is effective on a prospective basis for annual periods beginning after December 15, 2024.

Early adoption is also permitted for annual financial statements that have not yet been issued or made available for issuance.

The Company is currently evaluating the provisions of this ASU and will adopt them for the year ending December 31, 2025.

Adoption of the ASU has been applied retrospectively to all prior periods presented in the Consolidated Financial Statements.

Recently issued accounting pronouncements not yet adopted

In November 2024, the FASB issued ASU No.

1 unchanged sentence

The ASU requires the disclosure of specified information about certain costs and expenses in the notes to the financial statements.

The ASU is effective for annual periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027.

The ASU is effective for annual periods beginning after December 15, 2026, and interim reporting periods within annual reporting periods beginning after December 15, 2027.

These amendments should be applied either prospectively to financial statements issued after the effective date or retrospectively to any or all prior periods presented in the financial statements.

1 unchanged sentence

The Company is currently evaluating the provisions of this ASU and will adopt them for the year ending December 31, 2027.

In September 2025, the FASB issued ASU No.

2025-06, Intangibles—Goodwill and Other— Internal-Use Software (Subtopic 350-40).

The ASU removes all references to software development stages and requires entities to start capitalizing costs when both of the following occur:

(1) management has authorized and committed to funding the software project;

and (2) it is probable that the project will be completed and the software will be used to perform the function intended.

The ASU is effective for annual periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods.

These amendments should be applied either prospectively to financial statements issued after the effective date, retrospectively to any or all prior periods presented in the financial statements or by following a modified transition approach.

Early adoption is also permitted.

The Company is currently evaluating the provisions of this ASU.

CRH FORM 10-K

The Company disaggregates revenue based on its operating and reportable segments.

During the fourth quarter of 2024, the Company changed its reportable segments as described in Note 20 Segment Information.

The Company’s operating and reportable segments are:

3 unchanged sentences

(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 cement for use in a range of construction and industrial applications.

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

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

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

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

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

59 unchanged sentences

(i) The Rest of World principally includes Australia, Canada and the Philippines.

(ii) The Rest of Europe principally includes Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Ireland, Luxembourg, the Netherlands, Poland, Romania, Serbia, Slovakia, Spain, Sweden, Switzerland and Ukraine.

(ii) The Rest of Europe principally includes Austria, Belgium, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Ireland, Luxembourg, the Netherlands, Poland, Romania, Serbia, Slovakia, Spain, Sweden, Switzerland and Ukraine.

Revenues generated in the Republic of Ireland represented approximately 2 %, 2 %, and 3 % of our consolidated revenues for the years ended December 31, 2025, 2024, and 2023, respectively.

Contract assets were $ 690 million and $ 716 million and contract liabilities were $ 500 million and $ 439 million, at December 31, 2024 and 2023, respectively.

The decrease in contract assets was primarily attributed to revenue recognized on certain contracts partially offset by the timing of billings.

The increase in contract liabilities was due to the timing of advance payments and revenue recognized during the period.

The Company recognized revenue of $ 387 million and $ 308 million for the years ended December 31, 2024 and 2023, respectively, which was previously included in the contract liability balance at December 31, 2023 and 2022, respectively.

Contract assets include unbilled revenue and retentions held by customers in respect of construction contracts at December 31, 2024 and 2023 amounting to $ 450 million and $ 240 million, and $ 471 million and $ 245 million respectively.

Unbilled receivables represent the estimated value of unbilled work for projects with performance obligations recognized over time.

Contract assets were $ 525 million and $ 690 million and contract liabilities were $ 405 million and $ 500 million, as of December 31, 2025 and 2024, respectively.

The decrease in contract assets was primarily attributed to the timing of billings partially offset by revenue recognized on certain contracts.

The decrease in contract liabilities was due to revenue recognized during the period and the timing of advance payments.

The Company recognized revenue of $ 354 million and $ 387 million for the years ended December 31, 2025 and 2024, respectively, which was previously included in the contract liability balance as of December 31, 2024 and 2023, respectively.

Contract assets include unbilled revenue and retentions held by customers in respect of construction contracts as of December 31, 2025 and 2024 amounting to $ 299 million and $ 226 million, and $ 450 million and $ 240 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.

2 unchanged sentences

On December 31, 2025, the Company had $ 3,114 million of transaction price allocated to remaining performance obligations.

The majority of open contracts at December 31, 2024, are expected to close and revenue to be recognized within 12 months of the balance sheet date.

The majority of open contracts as of December 31, 2025, are expected to close and revenue to be recognized within 12 months of the balance sheet date.

Revenue from sales to equity method investments for the years ended December 31, 2025, 2024, and 2023 were $ 302 million, $ 296 million, and $ 221 million, respectively.

CRH FORM 10-K

Assets held for sale and discontinued operations

In November 2023, the Company entered into a sales agreement with SigmaRoc plc.

to divest of its Lime operations in Europe for consideration of $ 1.1 billion.

The transaction was structured in three phases.

The first phase of the transaction, comprising the Company’s Lime operations in Germany, Czech Republic and Ireland, closed on January 1, 2024, and the second phase, comprising the operations in the United Kingdom, closed on March 27, 2024.

The third phase, comprising the operations in Poland, closed on August 30, 2024.

The divestitures resulted in a pretax gain of $ 167 million which is included in Other nonoperating income (expense), net.

The results of the divested operations and the gain on divestiture are reported in the International Solutions segment.

The disposal of certain cement, aggregates and readymixed concrete operations in Quebec, Canada, previously classified as held for sale, completed during 2024.

The assets associated with these transactions comprised part of the Company’s International Solutions and Americas Materials Solutions segments, respectively.

As the businesses were divested in 2024, all opening balances have been reclassified back to the relevant asset and liability categories prior to their divestiture for presentation purposes.

The major classes of assets and liabilities classified as held for sale at December 31 were:

in $ millions 2023

Cash and cash equivalents 49

Accounts receivable, net 70

Inventories 102

Property, plant and equipment, net 832

Operating lease right-of-use assets, net 6

Other assets 8

Assets held for sale 1,268

Accounts payable 59

Accrued expenses 17

Deferred income tax liabilities 148

Operating lease liabilities 6

Other liabilities 145

Liabilities held for sale 375

In April 2022, the Company completed the divestiture of its Building Envelope business, formerly part of the Americas Building Solutions segment.

The Company analyzed the quantitative and qualitative factors relevant to the Building Envelope business and determined that the criteria for discontinued operations presentation were met during the year ended 2022.

As a result, the operating results of the Building Envelope business were reported separately as discontinued operations, net of income tax expense, in the Consolidated Statements of Income for the period ended December 31, 2022.

CRH Form 10-K 69

The financial results for the Company’s discontinued operations for the year ended December 31 were:

in $ millions 2022

Total revenues 645

Operating income 89

Gain on divestiture before income taxes 1,471

Income from discontinued operations before income tax expense 1,560

Income tax expense ( 370 )

Income from discontinued operations, net of income tax expense 1,190

The cash flows from discontinued operations included in the accompanying Consolidated Statements of Cash Flows for the year ended December 31 were:

in $ millions 2022

Cash flows from discontinued operations

Net cash used in operating activities (i) ( 444 )

Net cash provided by investing activities (ii) 3,446

Net cash provided by financing activities 3

(i) Includes the corporation tax paid on the sale of discontinued operations.

(ii) Includes the proceeds from the divestiture of discontinued operations.

The Company strategically acquires companies in order to increase its footprint and offer products and services that diversify 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.

On February 9, 2024, the Company wholly acquired a portfolio of cement and readymixed concrete operations and assets in Texas, United States (the 'Hunter' acquisition) for a total cash consideration, net of cash acquired, of $ 2,106 million.

The Hunter acquisition is reported in the Americas Materials Solutions segment.

On July 1, 2024, the Company acquired 57 % of the issued share capital of Adbri (the 'Adbri' acquisition), a construction materials business in Australia, for a total cash consideration, net of cash acquired, of $ 787 million.

The Adbri acquisition is reported in the International Solutions segment.

Due to the size and scale of Adbri, the determination of the fair values of identifiable assets acquired and liabilities assumed as disclosed are provisional.

During 2024, the Company completed the acquisition of 38 other companies in addition to Hunter and Adbri.

On September 15, 2025 the Company acquired Eco Material, a leading supplier of supplementary cementitious materials headquartered in South Jordan, Utah for a total consideration, net of cash acquired, of $ 2,066 million.

The Eco Material acquisition is reported in the Americas Materials Solutions segment.

Due to the size and scale of Eco Material, the determination of the fair values of identifiable assets acquired and liabilities assumed as disclosed are provisional.

During 2025, the Company completed the acquisition of 37 other companies in addition to Eco Material.

The total cash consideration for these acquisitions, net of cash acquired, was $ 1,790 million.

CRH Form 10-K 70

The amounts for assets acquired, liabilities assumed, and consideration related to the acquisitions during the year ended December 31, 2024, were:

in $ millions Hunter Adbri (i) Other acquisitions

(i) (ii) Total

The provisional amounts for assets acquired, liabilities assumed, and consideration related to the acquisitions during the year ended December 31, 2025, including measurement period adjustments to provisional fair values in respect of acquisitions completed in the previous period, were:

in $ millions Eco Material (i) Other acquisitions (i) (ii) Total

Identifiable assets acquired and liabilities assumed

17 unchanged sentences

Goodwill 775 1,045 1,820

Equity method investments becoming subsidiaries – ( 233 ) ( 233 )

Redeemable noncontrolling interests – ( 17 ) ( 17 )

3 unchanged sentences

Cash payments 2,089 1,827 3,916

Asset exchange – – 41 41

Non-cash consideration – 109 109

Profit on step acquisition – 40 40

Deferred consideration (stated at net present cost) – 12 12

5 unchanged sentences

Total outflow in the Consolidated Statements of Cash Flows 2,066 1,790 3,856

(i) The estimated fair values of assets acquired and liabilities assumed associated with these acquisitions are provisional (principally in respect of Property, plant and equipment, net, provisions for liabilities and the associated goodwill and deferred tax aspects) and are based on the information that was available as of the reporting date.

(i) The estimated fair values of assets acquired and liabilities assumed associated with these acquisitions are provisional (principally in respect of Property, plant and equipment, net, Intangible assets, net, provisions for liabilities and the associated goodwill and deferred tax aspects) and are based on the information that was available as of the reporting date.

The Company expects to finalize the valuation and complete the purchase price allocations as soon as practical but no later than one year from the acquisition dates.

(ii) Other acquisitions are aggregated on the basis of individual immateriality.

As a result of the 2024 acquisitions, the Company recognized $ 190 million of amortizable intangible assets and $ 2,144 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 2024, $ 1,712 million is expected to be deductible for tax purposes.

The amortizable intangible assets will be amortized against earnings over a weighted average of nine years .

(ii) 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 year ended December 31, 2025, together with measurement period adjustments to provisional fair values in respect of acquisitions completed during previous periods;

none of which were material.

CRH FORM 10-K

During 2023, the Company completed the acquisition of 22 companies.

The total cash consideration for these acquisitions, net of cash acquired, was $ 640 million.

The identifiable assets acquired, liabilities assumed, and consideration related to the acquisitions during the year ended December 31, 2023, were:

in $ millions Total (i)

Identifiable assets acquired and liabilities assumed

Cash and cash equivalents 19

Accounts receivable, net 71

Inventories 65

Other current assets 8

Property, plant and equipment, net 252

Intangible assets, net 86

Operating lease right-of-use assets, net 35

Accounts payable 56

Accrued expenses 30

Operating lease liabilities 35

Long-term debt 104

Deferred income tax liabilities 30

Other liabilities 6

Total identifiable net assets at fair value 275

Total consideration 673

Consideration satisfied by:

Cash payments 659

Deferred consideration (stated at net present cost) 8

Contingent consideration 6

Total consideration 673

Acquisitions of businesses, net of cash acquired

Cash consideration 659

cash and cash equivalents acquired ( 19 )

Total outflow in the Consolidated Statements of Cash Flows 640

(i) Total acquisitions are aggregated on the basis of individual immateriality.

As a result of the 2023 acquisitions, the Company recognized $ 86 million of amortizable intangible assets and $ 398 million of goodwill.

As a result of the acquisitions completed through December 31, 2025, including adjustments to provisional values, the Company recognized $ 912 million of amortizable intangible assets and $ 1,820 million of goodwill.

Of the goodwill recognized in respect of the acquisitions completed in 2025, $ 1,332 million is expected to be deductible for tax purposes.

The amortizable intangible assets will be amortized against earnings over a weighted average of six years .

CRH Form 10-K 72

On July 8, 2022, the Company acquired Barrette Outdoor Living, Inc.

(Barrette), North America's leading provider of residential fencing and railing solutions headquartered in Middleburg Heights, Ohio, United States, at an effective 100 % stake.

The total cash consideration for this acquisition, net of cash acquired, was $ 1,903 million.

During 2022, the Company completed the acquisition of 28 other companies.

The amortizable intangible assets will be amortized against earnings over a weighted average of 18 years.

The Hunter acquisition is reported in the Americas Materials Solutions segment.

The Adbri acquisition is reported in the International Solutions segment.

During 2024, the Company completed the acquisition of 38 other companies in addition to Hunter and Adbri.

The total cash consideration for these acquisitions, net of cash acquired, was $ 2,007 million.

The identifiable assets acquired, liabilities assumed, and consideration related to the acquisitions during the year ended December 31, 2022, were:

in $ millions Barrette Other acquisitions (i) Total

The amounts for assets acquired, liabilities assumed, and consideration related to the acquisitions during the year ended December 31, 2024, were:

in $ millions Hunter Adbri Other acquisitions (i) Total

Identifiable assets acquired and liabilities assumed

7 unchanged sentences

Operating lease right-of-use assets, net 12 18 85 115

Total assets 1,155 2,062 1,466 4,683

Accounts payable – 17 54 71

4 unchanged sentences

Other liabilities 8 151 57 216

Total liabilities 26 980 262 1,268

Total identifiable net assets at fair value 1,129 1,082 1,204 3,415

Goodwill 977 227 940 2,144

Redeemable noncontrolling interests – – ( 12 ) ( 12 )

Noncontrolling interests – ( 507 ) – ( 507 )

Total consideration 2,106 802 2,132 5,040

1 unchanged sentence

Cash payments 2,106 802 2,045 4,953

Asset exchange – – 41 41

Deferred consideration (stated at net present cost) – – 27 27

9 unchanged sentences

Of the goodwill recognized in respect of the acquisitions completed in 2024, $ 1,712 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.

The amortizable intangible assets will be amortized against earnings over a weighted average of nine years .

CRH FORM 10-K

1 unchanged sentence

Acquisition-related costs have been included in Selling, general and administrative expenses in the Consolidated Statements of Income.

These costs include legal and consulting expenses incurred in connection with acquisitions completed during the applicable period.

The Company incurred the following acquisition-related costs for the years ended December 31, 2024, 2023, and 2022:

These costs include legal and consulting expenses incurred in connection with completed acquisitions.

The Company incurred the following acquisition-related costs for the years ended December 31:

in $ millions 2025 2024 2023

Acquisition-related costs

Hunter 23 – –

Barrette – – 27

Substantial acquisition-related (i) 45 46 –

Other acquisitions 33 27 10

Total acquisition-related costs 78 73 10

For the period from acquisition date through December 31, 2024, 2023, and 2022, acquisitions contributed $ 1,387 million, $ 228 million and $ 761 million to Revenues and a loss of $ 23 million, $ 15 million and $ 18 million to Net income attributable to CRH, excluding acquisition-related costs that arose in that period and including the effect of interest expense to finance the acquisitions, respectively.

Pro forma results of operations for the current year acquisitions, as if they were combined as of January 1, 2023, have not been presented because they are not material to the Condensed Consolidated Financial Statements.

(i) Represents expenses associated with the non-routine substantial acquisition of Eco Material as well as other acquisition costs of an extraordinary nature.

The comparative periods presented include expenses related to the acquisition of Adbri and Hunter in 2024.

For the period from acquisition date through December 31, 2025, 2024, and 2023, acquisitions contributed $ 755 million, $ 1,387 million and $ 228 million to Total revenues and a loss of $ 10 million, $ 23 million and $ 15 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.

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 Consolidated Financial Statements.

Accounts receivable, net

Accounts receivable, net at December 31 were:

Accounts receivable, net as of December 31 were:

in $ millions 2025 2024

5 unchanged sentences

Total accounts receivable, net 5,178 4,820

Of the total Accounts receivable, net balances, $ 46 million and $ 27 million at December 31, 2024, and 2023, respectively, were due from equity method investments.

The changes in the allowance for credit losses at December 31 were as follows:

Of the total Accounts receivable, net balances, $ 32 million and $ 46 million as of December 31, 2025, and 2024, respectively, were due from equity method investments.

The changes in the allowance for credit losses as of December 31 were as follows:

in $ millions 2025 2024 2023

At January 1 149 125 131

As of January 1 140 149 125

Charge-offs ( 14 ) ( 14 ) ( 18 )

Provision for credit losses 6 11 47

Recoveries ( 12 ) ( 4 ) ( 8 )

Foreign currency translation and other 17 ( 2 ) 3

At December 31 140 149 125

Inventories at December 31 were:

As of December 31 137 140 149

Inventories as of December 31 were:

in $ millions 2025 2024

5 unchanged sentences

Property, plant and equipment, net

Property, plant and equipment, net at December 31 were:

Property, plant and equipment, net as of December 31 were:

in $ millions 2025 2024

9 unchanged sentences

Depreciation, depletion and amortization expense includes amortization of right-of-use assets from finance leases.

Potential impairment of property, plant and equipment is considered by applying a series of external and internal indicators including a limited number of climate change factors.

An impairment charge of $ 89 million was recognized during the year ended December 31, 2024, principally relating to the write-down of property, plant and equipment in our Architectural Products business in Europe which is part of our International Solutions segment.

The fair value did not exceed carrying value, driven by challenging market conditions which had an impact on growth prospects and as such an impairment charge has been recorded.

An impairment charge of $ 30 million was recognized during the year ended December 31, 2023, principally relating to the write-down of property, plant and equipment in our Americas Materials Solutions segment.

Property, plant and equipment is assessed for indicators of impairment by reviewing a series of external and internal sources of information specific to the assets under consideration.

Impairment charges of $ 2 million and $ 89 million were recognized during the years ended December 31, 2025 and 2024, respectively, principally relating to the write-down of property, plant and equipment in our Americas Materials Solutions and International Solutions segments.

Intangible assets, net

Intangible assets, net at December 31 were:

Intangible assets, net as of December 31 were:

in $ millions 2025 2024

1 unchanged sentence

Customer-related (i) 1,493 1,394

Contract-based 110 101

Contract-based (ii) 969 110

Software costs 202 126

4 unchanged sentences

(i) The customer-related intangible assets relate predominantly to non-contractual customer relationships.

(ii) Contract-based intangible assets of $ 789 million related to supply agreements arose on the acquisition of Eco Material in September 2025.

Amortization of intangibles included predominantly in Selling, general and administrative expenses in the Consolidated Statements of Income for the years ended December 31, 2025, 2024 and 2023 amounted to $ 192 million, $ 152 million and $ 139 million, respectively.

3 unchanged sentences

CRH FORM 10-K

During the fourth quarter of 2024, the Company's operating and reportable segments changed to the following three segments:

Americas Materials Solutions;

Americas Building Solutions;

and International Solutions and existing goodwill was reallocated to each of the new reportable segments and associated reporting units.

See Note 20 for further information.

The results of this reallocation of goodwill have been recast below, by reportable segment, at December 31, 2023.

As a result of this revision to reportable segments and associated reporting units, the Company performed an impairment assessment before and after the reallocation.

Both before and after the reallocation, the Company concluded that the fair values of the reporting units affected were above their carrying values and therefore there was no indication of impairment.

The Company uses the present value of estimated future cash flows to establish the estimated fair value of the reporting units at the testing date.

2 unchanged sentences

Additionally, the Company uses the market approach to corroborate the estimated fair value.

The changes in the carrying amount of goodwill at December 31 were:

The changes in the carrying amount of goodwill as of December 31 were:

in $ millions Americas Materials Solutions Americas Building Solutions International Solutions Total

3 unchanged sentences

Impairment charge for the year – – ( 72 ) ( 72 )

Reclassified as held for sale – – ( 201 ) ( 201 )

Divestitures – ( 3 ) ( 201 ) ( 204 )

Reclassified from held for sale – – 201 201

Carrying value, December 31, 2024 5,803 3,070 2,188 11,061

1 unchanged sentence

Foreign currency translation adjustment 24 70 134 228

Impairment charge for the year – – ( 72 ) ( 72 )

Divestitures ( 7 ) – ( 3 ) ( 10 )

Reclassified from held for sale – – 201 201

Carrying value, December 31, 2025 6,964 3,328 2,807 13,099

For the year ended December 31, 2024, the fair value of the Architectural Products reporting unit within International Solutions did not exceed its carrying value.

As a result, a goodwill impairment loss of $ 72 million was recorded in Loss on impairments, driven by challenging market conditions (primarily new build residential) which has had an impact on growth prospects.

The assumption underlying the estimated future cash flows resulted in a present value (using a real pre-tax discount rate of 9.1 %) of $ 252 million and a related goodwill impairment being recorded of $ 72 million.

For the year ended December 31, 2023, the fair value of the Company’s Philippines reporting unit within International Solutions did not exceed its carrying value.

As a result, a goodwill impairment loss of $ 72 million was recorded in Loss on impairments .

Accumulated goodwill impairment losses amount to $ 1,050 million and $ 1,001 million at December 31, 2024 and 2023, respectively and relate predominantly to International Solutions.

Accumulated goodwill impairment losses amount to $ 1,109 million and $ 1,050 million as of December 31, 2025 and 2024, respectively and relate predominantly to International Solutions.

CRH FORM 10-K

Additional financial information

Other current assets at December 31 were:

Other current assets as of December 31 were:

in $ millions 2025 2024

Prepayments 394 303

Other financial assets 161 –

Other 285 193

Income taxes recoverable 274 216

Total other current assets 678 749

Accrued expenses at December 31 were:

Accrued expenses as of December 31 were:

in $ millions 2025 2024

2 unchanged sentences

Total accrued expenses 2,196 2,248

Other current liabilities at December 31 were:

Other current liabilities as of December 31 were:

in $ millions 2025 2024

Dividends payable – 750

Construction contract liabilities 405 500

1 unchanged sentence

Income tax payable 106 97

Finance lease liability 116 67

Accrued external interest payable (excluding lease interest) 214 103

Other 830 625

Total other current liabilities 1,834 1,577

Other noncurrent liabilities at December 31 were:

Other noncurrent liabilities as of December 31 were:

in $ millions 2025 2024

3 unchanged sentences

Insurance liability 335 269

Finance lease liability 418 190

Other 650 592

1 unchanged sentence

CRH FORM 10-K

Long-term debt at December 31 was:

Long-term debt as of December 31 was:

in $ millions Effective interest rate 2025 2024

Long-term debt

Senior Notes (U.S.

Dollar denominated unless otherwise noted)

1.875 % euro Senior Notes due 2024

3.875 % Senior Notes due 2025

11 unchanged sentences

5.200 % Senior Notes due 2029

5.30 % 750 750

4.125 % Sterling Senior Notes due 2029

4.22 % 539 501

5.125 % Senior Notes due 2030

5.25 % 1,250 –

1.625 % euro Senior Notes due 2030

1.72 % 882 780

4.400 % Senior Notes due 2031

4.58 % 1,000 –

4.000 % euro Senior Notes due 2031

3 unchanged sentences

5.400 % Senior Notes due 2034

5.52 % 750 750

5.500 % Senior Notes due 2035

5.57 % 1,250 –

4.250 % euro Senior Notes due 2035

6 unchanged sentences

4.44 % 400 400

4.500 % Senior Notes due 2048

4.63 % 600 600

5.875 % Senior Notes due 2055

5.600 % Senior Notes due 2056

Bank and Other Debt Obligations

USD interest-bearing loan due 2027 4.96 % 750 750

1 unchanged sentence

AUD interest-bearing loan due 2028 5.26 % 411 –

AUD interest-bearing loan due 2029 5.07 % – 478

AUD interest-bearing loan due 2030 4.82 % 258 –

Dollar Commercial Paper – 1,189

Euro Commercial Paper 2.20 % 170 347

Other obligations 78 48

Unamortized discounts and debt issuance costs ( 98 ) ( 68 )

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(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 CRH 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 Consolidated Balance Sheets was $ 27 million and $ 30 million at December 31, 2024 and 2023, respectively.

(ii) Of the Company’s nominal fixed rate debt at both December 31, 2024 and December 31, 2023, $ 1,375 million was hedged to daily compounded Secured Overnight Financing Rate (SOFR) using interest rate swaps.

Of the Company’s nominal floating rate debt at December 31, 2024 and December 31, 2023, $ 140 million and $ nil million, respectively, was hedged to fixed rates using interest rate swaps.

(iii) Excludes borrowings from bank overdrafts of $ 117 million and $ 107 million, which are recorded within Current portion of long-term debt in the Consolidated Balance Sheets at December 31, 2024 and 2023, respectively.

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 Consolidated Balance Sheets was $ 23 million and $ 27 million as of December 31, 2025 and 2024, respectively.

(ii) Of the Company’s nominal fixed rate debt as of December 31, 2025 and December 31, 2024, $ 500 million and $ 1,375 million, respectively, was hedged to daily compounded SOFR using interest rate swaps.

Of the Company’s nominal floating rate debt as of December 31, 2025 and December 31, 2024, $ nil million and $ 140 million, respectively, was hedged to fixed rates using interest rate swaps.

(iii) Excludes borrowings from bank overdrafts of $ 120 million and $ 117 million, which are recorded within Current portion of long-term debt in the Consolidated Balance Sheets as of December 31, 2025 and 2024, 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 unsubordinated indebtedness.

With the exception of the 6.400 % Senior Notes due 2033, which can be redeemed at any time, 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.

In the event of a change-of-control repurchase event, the Company is obligated to offer repurchase options for the 3.875 % Senior Notes due in 2025, 3.400 % Senior Notes due in 2027, 3.950 % Senior Notes due in 2028, 5.200 % Senior Notes due 2029, 5.400 % Senior Notes due 2034, 5.125 % Senior Notes due in 2045, 4.400 % Senior Notes due in 2047, and 4.500 % Senior Notes due in 2048.

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.

CRH FORM 10-K

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 in 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 3.875 % Senior Notes due in 2025 and 5.125 % Senior Notes due in 2045.

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.

On January 9, 2024, the Company utilized available cash to fully redeem € 600 million of outstanding 1.875 % euro Senior Notes due January 2024.

In May 2024, the Company issued $ 750 million 5.200 % Senior Notes due 2029 and $ 750 million 5.400 % Senior Notes due 2034.

CRH Form 10-K 78

Australian (AUD) Debt:

In July 2024, the Company acquired Adbri who have committed credit agreements with a range of banks and credit institutions totaling AUD 940 million.

The Company does not provide a guarantee for these facilities.

The funds drawn from these facilities carry a combination of fixed and floating interest rates.

Philippines (PHP) Debt:

In March 2017, the Company's subsidiary, Republic Cement & Building Materials, Inc., entered a credit arrangement with the Bank of the Philippine Islands.

The Company does not provide a guarantee for this facility.

The initial credit agreement provided for total commitments of PHP 12.5 billion for a 10-year term, which was later expanded to PHP 22.5 billion.

The funds drawn from this facility carry a combination of fixed and floating interest rates.

The Company maintains a multi-currency revolving credit arrangement with a syndicate of lenders (the ‘RCF’).

The RCF offers a senior unsecured revolving facility of € 3,500 million over five years .

In January 2025, wholly-owned subsidiaries of the Company completed the issuance of $ 1,250 million 5.125 % Senior Notes due 2030, $ 1,250 million 5.500 % Senior Notes due 2035, and $ 500 million 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 of $ 1,000 million 4.400 % Senior Notes due 2031, $ 1,000 million 5.000 % Senior Notes due 2036, and $ 500 million 5.600 % Senior 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.

The Company maintains a multi-currency 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.

1 unchanged sentence

Dollar, EURIBOR for euros, SONIA for Sterling, and SARON for Swiss Francs, respectively.

The facility entails an annual commitment fee calculated as a percentage of the applicable margin.

During April 2024, the Company completed a one-year extension option on the undrawn committed facilities extending the maturity date to May 11, 2029.

The terms of the facility allow for one further plus-one (+1) extension option which, if successfully exercised with the agreement of the Lenders, would extend the maturity to May 11, 2030.

The deferred financing costs associated with the RCF were $ 6 million at December 31, 2024.

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 as of December 31, 2025.

The total potential credit available through this arrangement is € 3,500 million, inclusive of the ability to issue letters of credit.

At December 31, 2024, and 2023, there were no outstanding borrowings or letters of credit issued under this facility and the undrawn committed facility available to be drawn by the Company at December 31, 2024, was $ 3,639 million (€ 3,500 million equivalent).

As of December 31, 2025, and 2024, there were no outstanding borrowings or letters of credit issued under this facility and the undrawn committed facility available to be drawn by the Company as of December 31, 2025, was $ 4,115 million (€ 3,500 million equivalent).

The RCF includes customary terms and conditions for investment-grade borrowers.

1 unchanged sentence

In December 2024, the Company entered into a new $ 750 million two-year fixed rate term loan facility which was fully drawn.

At December 31, 2024, the Company had a $ 4,000 million U.S.

In December 2025, this facility was extended by one year to 2027.

Philippines (PHP) Debt:

The Company's subsidiary, Republic Cement & Building Materials, Inc., has entered into a number of committed credit arrangements with local banks totaling $ 0.4 billion (PHP 22.5 billion).

The Company does not guarantee these facilities.

The funds drawn from these facilities carry a combination of fixed and floating interest rates.

Australian (AUD) Debt:

In July 2024, the Company acquired Adbri which had committed credit agreements with a range of banks and credit institutions totaling $ 0.6 billion (AUD 0.9 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 (AUD 1.2 billion).

Funds were initially drawn to retire a portion of Adbri's existing credit facilities.

The Company does not provide a guarantee for this facility.

The funds drawn from this facility carry floating interest rates.

Commercial Paper:

As of December 31, 2025, 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 U.S Dollar or euro.

The amount of commercial paper outstanding does not reduce available capacity under the RCF.

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.

5 unchanged sentences

The Company also leases plant and machinery, vehicles and equipment.

Lease liabilities at December 31 were:

Lease liabilities as of December 31 were:

in $ millions 2025 2024

5 unchanged sentences

The current portion of finance lease liabilities is included within Other current liabilities and the noncurrent portion of finance lease liabilities is included within Other noncurrent liabilities in the Consolidated Balance Sheets.

The maturity analysis for the discounted and undiscounted lease liability arising from the Company’s leasing activities at December 31, 2024, was:

The maturity analysis for the discounted and undiscounted lease liability arising from the Company’s leasing activities as of December 31, 2025, was:

in $ millions Operating leases Finance leases

5 unchanged sentences

Noncurrent portion of lease liabilities 1,232 418

The projections are based on the foreign exchange rates applied at the end of the relevant financial year and on interest rates (discounted projections only) applicable to the lease portfolio.

The projections are based on the foreign exchange rates applied at the end of the relevant fiscal year and on interest rates (discounted projections only) applicable to the lease portfolio.

The components of lease expense for the years ended December 31 were :

7 unchanged sentences

Total lease expense (i) 789 695 729

(i) Income from subleasing transactions were not material for the Company.

(i) Income from subleasing transactions is not material for the Company.

CRH FORM 10-K

The weighted average remaining lease term and discount rates at December 31 were:

The weighted average remaining lease term and discount rates as of December 31 were:

Weighted average remaining lease term (years)

24 unchanged sentences

AROs are reported within Other current liabilities and Other noncurrent liabilities in the Consolidated Balance Sheets.

At December 31, 2024 and 2023, the carrying amount of the Company’s AROs were $ 385 million and $ 360 million, of which, $ 66 million and $ 50 million are current, respectively.

As of December 31, 2025 and 2024, the carrying amount of the Company’s AROs were $ 436 million and $ 385 million, of which, $ 79 million and $ 66 million are current, respectively.

Fair value measurement

5 unchanged sentences

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

The carrying values and fair values of the Company’s Long-term debt were $ 13,851 million and $ 13,604 million, respectively, at December 31, 2024, and $ 11,535 million and $ 11,337 million, respectively, at December 31, 2023.

The carrying values and fair values of the Company’s Long-term debt were $ 17,533 million and $ 17,502 million, respectively, as of December 31, 2025, and $ 13,851 million and $ 13,604 million, respectively, as of December 31, 2024.

The Company’s Long-term debt obligations are Level 2 instruments whose fair value is derived from quoted market prices.

5 unchanged sentences

CRH FORM 10-K

The summary of the Income from continuing operations before income tax expense for the years ended December 31 was:

The summary of the Income before income tax expense for the years ended December 31 was:

in $ millions 2025 2024 2023

2 unchanged sentences

Total income 4,805 4,714 4,014

The summary of the Income tax expense from continuing operations for the years ended December 31 was:

The summary of the Income tax expense for the years ended December 31 was:

in $ millions 2025 2024 2023

11 unchanged sentences

The reconciliation of the applicable U.S.

Federal income tax rate to the effective income tax rates was:

in $ millions 2024 2023 2022

statutory rate 990 843 727

State tax, net of federal tax benefit 47 38 73

Tax rate differentials 27 ( 11 ) ( 6 )

Uncertain tax positions 62 87 60

Federal income tax rate to the effective income tax rate was:

2025 2024 2023

$m % $m % $m %

Federal Statutory Tax rate 1,009 21.0 % 990 21.0 % 843 21 %

State and Local Income Taxes, Net of Federal Income Tax Effect (i) 71 1.5 % 47 1.0 % 38 1.0 %

Effects of changes in tax laws or rates enacted in current period 3 0.1 % – – % – – %

Effect of Cross-Border Tax Laws – – % – – % – – %

Foreign Tax Effects:

Foreign tax rate differential ( 62 ) ( 1.3 ) % ( 30 ) ( 0.6 ) % ( 26 ) ( 0.7 ) %

Nondeductible items 50 1.0 % 67 1.4 % 48 1.2 %

Other 13 0.3 % ( 9 ) ( 0.2 ) % ( 10 ) ( 0.3 ) %

Tax credits ( 234 ) ( 4.9 ) % ( 281 ) ( 6.0 ) % ( 259 ) ( 6.5 ) %

Non-deductible goodwill impairment 10 75 –

Non-taxable divestiture of the European Lime operations ( 65 ) – –

Changes in valuation allowances 149 3.1 % 174 3.7 % 166 4.1 %

Other 41 0.9 % 52 1.1 % 39 1.0 %

Total tax expense 1,085 925 762

Nondeductible impairment of goodwill – – % – – % 74 1.8 %

Other 12 0.3 % 5 0.1 % ( 8 ) ( 0.2 ) %

Poland 2 – % 21 0.5 % 3 0.1 %

Other foreign jurisdictions ( 27 ) ( 0.6 ) % ( 12 ) ( 0.3 ) % ( 11 ) ( 0.3 ) %

Tax Credits ( 12 ) ( 0.3 ) % ( 15 ) ( 0.3 ) % ( 19 ) ( 0.5 ) %

Changes in Valuation Allowances – – % – – % – – %

Non-taxable or Nondeductible items ( 13 ) ( 0.3 ) % 16 0.3 % ( 40 ) ( 1.0 ) %

Changes in Unrecognized Tax Benefits 39 0.8 % 60 1.3 % 87 2.2 %

Effective income tax rate 1,041 22 % 1,085 23 % 925 23 %

(i) State taxes in Florida, Michigan, Texas, New Jersey, California, Connecticut, Utah and Oregon made up the majority (greater than 50%) of the tax effect in this category.

CRH FORM 10-K

The significant components of the deferred tax assets and liabilities at December 31 were:

The significant components of the deferred tax assets and liabilities as of December 31 were:

in $ millions 2025 2024

10 unchanged sentences

Deferred tax liabilities:

Company retirement benefit plans 22 –

Investment in subsidiaries 162 146

4 unchanged sentences

Total net deferred tax liabilities 3,391 3,004

The net deferred tax assets and liabilities that are included in the Consolidated Balance Sheets at December 31 were:

The net deferred tax assets and liabilities that are included in the Consolidated Balance Sheets as of December 31 were:

in $ millions 2025 2024

2 unchanged sentences

Total net deferred tax liabilities 3,391 3,004

At December 31, 2024, the Company had gross loss carryforwards of $ 1,087 million related to foreign operations and $ 37 million of state net operating loss carryforwards.

$ 390 million of certain foreign and state loss carryforwards have various expiration dates ranging from 2025 to 2050;

As of December 31, 2025, the Company had gross loss carryforwards of $ 1,485 million related to foreign operations and $ 57 million of federal gross loss carryforwards and $ 42 million of state net operating loss carryforwards.

$ 893 million of certain foreign, federal and state loss carryforwards have various expiration dates ranging from 2026 to 2050;

$ 690 million do not expire based on current tax legislation.

The Company had gross interest deduction carryforwards of $ 2,603 million related to foreign operations.

The Company had gross interest deduction carryforwards of $ 3,188 million related to foreign operations and $ 188 million of federal gross interest deduction carryforwards.

$ 88 million of certain interest carryforwards have various expiration dates ranging from 2026 to 2045, $ 3,287 million do not expire based on current tax legislation.

The summary of the change in valuation allowance at December 31 was:

The summary of the change in valuation allowance as of December 31 was:

in $ millions 2025 2024 2023

Balance at January 1 914 737 578

Balance as of January 1 1,059 914 737

Acquisitions ( 6 ) 12 –

1 unchanged sentence

Foreign currency and other 121 ( 55 ) 26

Balance at December 31 1,059 914 737

Balance as of December 31 1,336 1,059 914

The Company maintains a valuation allowance on net operating losses and other deferred tax assets if, based on the weight of available evidence, it is more likely than not that some portion, or all, of a deferred tax asset will not be realized.

At December 31, 2024, and December 31, 2023, the Company has a valuation allowance on net deferred tax assets of $ 1,059 million and $ 914 million, respectively.

As of December 31, 2025, and December 31, 2024, the Company has a valuation allowance on net deferred tax assets of $ 1,336 million and $ 1,059 million, respectively.

For the year ended December 31, 2025, the valuation allowance increased due to an increase in interest deduction carryforwards.

A deferred tax liability has been recognized in respect of any undistributed earnings in which the Company is not permanently reinvested.

The Company has $ 18.6 billion of undistributed earnings that are considered permanently reinvested at December 31, 2024, for which no deferred tax liabilities have been recognized.

The Company has $ 17.8 billion of undistributed earnings that are considered permanently reinvested as of December 31, 2025, for which no deferred tax liabilities have been recognized.

It is not practicable to estimate the amount of tax that would be paid if there was a distribution of these earnings.

1 unchanged sentence

CRH FORM 10-K

The reconciliation of the changes in the unrecognized tax benefits at December 31 was:

The reconciliation of the changes in the unrecognized tax benefits as of December 31 was:

in $ millions 2025 2024 2023

Balance at January 1 665 576 547

Balance as of January 1 634 665 576

Increases related to prior periods 9 – 9

3 unchanged sentences

Foreign currency and other 37 ( 15 ) 12

Balance at December 31 634 665 576

Balance as of December 31 739 634 665

The Company files income tax returns in Ireland, the United States, the United Kingdom, Germany, Canada, and other various foreign jurisdictions and is subject to ongoing examination by tax authorities throughout the world.

3 unchanged sentences

No single position is expected to generate a significant increase or decrease to the liability for unrecognized tax benefits within 12 months of the reporting date.

At December 31, 2024, and December 31, 2023, the unrecognized tax benefits that, if recognized, would impact the effective tax rate were $ 589 million and $ 627 million, respectively.

As of December 31, 2025, and December 31, 2024, the unrecognized tax benefits that, if recognized, would impact the effective tax rate were $ 727 million and $ 589 million, respectively.

The Company’s policy is to accrue interest and penalties related to potential underpayment of income taxes within the provision for income taxes.

At December 31, 2024, and December 31, 2023, the Company had accrued interest of $ 101 million and $ 84 million, respectively.

At December 31, 2024, December 31, 2023, and December 31, 2022, the interest and penalties included in Income tax expense was $ 20 million, $ 14 million, and $ 5 million, respectively.

As of December 31, 2025, and December 31, 2024, the Company had accrued interest of $ 101 million and $ 101 million, respectively.

As of December 31, 2025, December 31, 2024, and December 31, 2023, the interest and penalties included in Income tax expense was $ 8 million, $ 20 million, and $ 14 million, respectively.

Income tax paid net of (refunds) received, consisted of the following:

in $ millions 2025 2024 2023

Federal 366 553 539

State 95 100 121

Ireland 104 90 88

Poland 70 42 35

Canada 33 79 4

Other jurisdictions 163 96 172

Total taxes paid 831 960 959

Earnings per share (EPS)

1 unchanged sentence

in $ millions, except share and per share data 2025 2024 2023

Income from continuing operations 3,521 3,072 2,699

3,790 3,521 3,072

Net (income) attributable to redeemable noncontrolling interests

( 28 ) ( 28 ) ( 28 )

Net (income) loss attributable to noncontrolling interests

( 9 ) ( 1 ) 134

Adjustment of redeemable noncontrolling interests to redemption value

Income from continuing operations for EPS - basic and diluted 3,458 3,154 2,712

Income from discontinued operations, net of income tax expense – – 1,190

( 23 ) ( 34 ) ( 24 )

Net income attributable to CRH for EPS - basic and diluted 3,730 3,458 3,154

Weighted average common shares outstanding – basic (i)

673.2 683.3 723.9

Effect of dilutive employee share awards (ii)

Weighted average common shares outstanding – diluted 677.0 689.5 729.2

Basic earnings per share attributable to CRH

Continuing operations $ 5.06 $ 4.36 $ 3.58

Discontinued operations – – $ 1.57

Net income $ 5.06 $ 4.36 $ 5.15

Diluted earnings per share attributable to CRH

Continuing operations $ 5.02 $ 4.33 $ 3.55

Discontinued operations – – $ 1.56

Net income $ 5.02 $ 4.33 $ 5.11

Earnings per share attributable to CRH

$ 5.54 $ 5.06 $ 4.36

$ 5.51 $ 5.02 $ 4.33

(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 do not rank for dividend.

(ii) Common shares that would only be issued contingent on certain conditions totaling 2,140,879 , 4,677,404 and 4,209,404 at December 31, 2024, 2023 and 2022, respectively, are excluded from the computation of diluted earnings per share where the conditions governing exercisability have not been satisfied as of the end of the reporting period or they are antidilutive for the periods presented.

(ii) Common Shares that would only be issued contingent on certain conditions totaling 2,627,138 , 2,140,879 and 4,677,404 as of December 31, 2025, 2024 and 2023, respectively, are excluded from the computation of diluted earnings per share where the conditions governing exercisability have not been satisfied as of the end of the reporting period or they are antidilutive for the periods presented.

CRH FORM 10-K

Share-based compensation

Share-based compensation relates primarily to awards granted under the 2014 Performance Share Plan (PSP) and the Company’s Savings-related Share Option Schemes.

Share-based compensation relates primarily to awards granted under the 2025 Equity Incentive Plan (EIP), the 2014 Performance Share Plan (PSP) and the Company’s Savings-related Share Option Scheme.

The expense, net of estimated forfeitures, is reflected in Operating income in the Consolidated Statements of Income.

1 unchanged sentence

in $ millions 2025 2024 2023

Equity Incentive Plan expense 38 – –

Performance Share Plan expense 104 123 120

1 unchanged sentence

Total share-based compensation 143 125 123

Equity Incentive Plan

In May 2025, shareholders approved the adoption of the new EIP, which replaced the PSP.

The EIP is intended to align employee and executive interests with long-term shareholder value creation.

Under the EIP, the Company granted both PSUs and RSUs to eligible employees.

No further awards will be granted under the PSP;

however, outstanding awards under that plan will continue to vest under their original terms.

Performance Share Units

PSUs provide an employee with the right to receive shares of the Company’s stock, subject to fulfillment of certain market, performance and service conditions over a vesting period.

The number of shares authorized under the EIP during the year ended December 31, 2025 did not exceed 10 % of the issued share capital at that time.

The performance conditions are as follows for the 2025 PSUs:

25 % is subject to a Total Shareholder Return (TSR) performance measured against a tailored peer group;

25 % is subject to a RONA target;

with the remaining 50 % subject to a cumulative cash flow target.

Performance for the awards is assessed over a three-year period.

Vesting outcomes for PSUs range from 0 % to 200 % of the target award based on performance.

The details of the awards granted under the EIP for the year ended December 31, 2025 were:

Number of shares Weighted average grant date fair value

Shares in whole numbers Amounts in $

Outstanding at beginning of year – –

Granted 938,259 103.13

Forfeited ( 8,554 ) 108.03

Outstanding at end of year 929,705 103.30

The fair value of (i) the portion of awards subject to a cash flow performance target;

and (ii) the portion of awards subject to a RONA target;

was calculated as the Company’s closing share price at the date the award was granted.

The fair value assigned to the portion of awards subject to a TSR performance metric was calculated using the Monte Carlo simulation model, at the grant date, taking account of peer group TSR, volatilities and correlations together with the following assumptions:

Risk-free interest rate (%) 3.93

Expected volatility (%) 29.99

The expected volatility was determined using a historical sample of the Company’s daily share prices over a period equal to the expected term .

The risk-free interest rate is based on the U.S.

Treasury bond yield at the grant date with a maturity period equal to the expected term.

During the year ended December 31, 2025, no shares vested.

As of December 31, 2025, unrecognized compensation expense related to the awards was $ 74 million, which will be recognized over the remaining weighted average vesting period of 2.25 years.

Restricted Share Units

RSUs are time-based awards that entitle participants to receive shares of the Company’s stock, subject to continued employment.

The number of shares authorized under the EIP during the year ended December 31, 2025 did not exceed 10 % of the issued share capital at that time.

The details of the awards granted under the EIP for the year ended December 31, 2025 were:

Number of shares Weighted average grant date fair value

Shares in whole numbers Amounts in $

Outstanding at beginning of year – –

Granted 726,107 98.20

Forfeited ( 935 ) 113.98

Outstanding at end of year 725,172 98.42

The fair value was calculated as the Company’s closing share price at the date the award was granted.

During the year ended December 31, 2025, no shares vested.

As of December 31, 2025, unrecognized compensation expense related to the awards was $ 54 million, which will be recognized over the remaining weighted average vesting period of 2.3 years.

CRH FORM 10-K

2014 Performance Share Plan

1 unchanged sentence

The number of shares authorized under the PSP during the years ended December 31, 2025, 2024 and 2023 did not exceed 10 % of the issued share capital at that time.

Under the PSP, the Company has granted performance stock units (PSUs) to its employees.

Under the PSP, the Company has granted PSUs to its employees.

PSUs provide an employee with the right to receive shares of the Company’s stock, subject to fulfillment of certain market, performance and service conditions over a vesting period.

The performance conditions are as follows for the 2024 and 2023 PSUs:

20 % of each award made is subject to Total Shareholder Return (TSR) performance measured against a tailored peer group;

20 % of each award made is subject to a TSR performance measured against a tailored peer group;

20 % is subject to a RONA metric;

6 unchanged sentences

Outstanding at beginning of year 8,298,580 50.11 46.89

Granted 1,856,679 79.52 73.85

Forfeited ( 39,456 ) 60.34 56.33

5 unchanged sentences

(iii) the portion of awards subject to ESG metrics;

and (iv) the portion of awards with no performance conditions which are subject to a two-year service period;

was calculated as the Company’s closing share price at the date the award was granted.

and (iv) the portion of awards with no performance conditions (which are subject to a two-year service period) was calculated as the Company’s closing share price at the date the award was granted.

2024 2023 2022

Risk-free interest rate (%) 4.44 3.16

5 unchanged sentences

3,080,029 shares vested having a fair value of $ 256 million, and 2,985,299 shares vested having a fair value of $ 147 million, respectively.

At December 31, 2024, unrecognized compensation expense related to the awards was $ 183 million, which will be recognized over the remaining weighted average vesting period of 1.22 years.

2010 and 2021 Savings-related Share Option Schemes

In April 2021, shareholders approved the adoption of the 2021 Savings-related Share Option Schemes (Share Option Schemes), which replaced the schemes approved by shareholders in May 2010.

The number of shares authorized under the Share Option Schemes during the years ended December 31, 2024, 2023 and 2022 did not exceed 10 % of the issued share capital at that time.

Under the Share Option Schemes, participants may save up to € 500 /Stg£ 500 per month from their net salaries, for a fixed term of three or five years (the savings period).

Within a period of six months after the end of the savings period, they have the option to buy shares of the Company at a discount of up to 15 % of the market price on the date of invitation of each savings contract.

Under the Share Options Schemes, 236,581 , 86,520 and 402,645 shares of the Company were purchased at a weighted average price of $ 28.68 , $ 26.82 and $ 25.24 respectively, during the years ended December 31, 2024, 2023, and 2022.

At December 31, 2024, the total unrecognized stock-based compensation expense related to the Share Option Schemes was $ 1 million and is expected to be recognized over a weighted average period of 1.13 years.

The fair values assigned to options issued under the Share Option Schemes were calculated in accordance with the trinomial valuation methodology.

CRH Form 10-K 85

The assumptions used to determine the fair value of the options issued under the Share Options Schemes with three-year and five-year savings periods at December 31 were:

3-year 5-year

Risk-free interest rate (%) 2.08 2.24

Expected dividend payments over the expected life (€) 4.06 7.05

Expected volatility (%) 26.4 24.2

Expected life term (years) 3 5

There were no options granted during the years ended December 31, 2024, and 2023.

The expected volatility was determined using a historical sample of 37 month-end Company share prices in respect of the three-year savings-related share options and 61 month-end share prices in respect of the five-year savings-related share options.

The expected lives of the options are based on historical data and are therefore not necessarily indicative of exercise patterns that may materialize.

Other than the assumptions listed above, no other features of options grants were factored into the determination of fair value.

The terms of the options issued under the Share Option Schemes do not contain any market conditions.

As of December 31, 2025, unrecognized compensation expense related to the awards was $ 78 million, which will be recognized over the remaining weighted average vesting period of 0.74 years.

2021 Savings-related Share Option Scheme

The Company operates a Savings-related Share Option Scheme approved by shareholders in 2021.

No options were granted during the years ended December 31, 2025, 2024 and 2023 and the impact of the scheme on the Company’s Consolidated Financial Statements is not material.

Shareholders' equity

1 unchanged sentence

Holders of the Company’s common stock are entitled to one vote per share.

The holders of the 5 % preferred stock are entitled to a fixed preferred dividend at a rate of 5 % per annum and priority in a winding-up to repayment of capital but have no further right to participate in profits or assets and are not entitled to be present or vote at general meetings unless their dividend is in arrears.

Dividends on the 5 % preferred stock are payable half-yearly on April 15 and October 15 in each year.

The 5 % preferred stock represent 0.03 % and 0.03 % of the total issued share capital at December 31, 2024, and 2023, respectively.

The holders of the 7 % ‘A’ preferred stock are entitled to a fixed preferred dividend at a rate of 7 % per annum, and subject to the rights of the holders of the 5 % preferred stock, priority in a winding-up to repayment of capital, but have no further right to participate in profits or assets and are not entitled to be present or vote at general meetings unless their dividend is in arrears or unless the business of the meeting includes certain matters.

Dividends on the 7 % ‘A’ preferred stock are payable half-yearly on April 5 and October 5 in each year.

The 7 % ‘A’ preferred stock represent 0.48 % and 0.47 % of the total issued share capital at December 31, 2024 and 2023, respectively.

The holders of the 5 % preferred stock are entitled to a fixed preferred dividend at an annual rate of 5 % and priority in a winding-up to repayment of capital but have no further right to participate in profits or assets and are not entitled to be present or vote at general meetings unless their dividend is in arrears.

Dividends on the 5 % preferred stock are payable semi-annually on April 15 and October 15 in each year.

The 5 % preferred stock represents 0.03 % and 0.03 % of the total issued share capital as of December 31, 2025, and 2024, respectively.

The holders of the 7 % ‘A’ preferred stock are entitled to a fixed preferred dividend at an annual rate of 7 % and subject to the rights of the holders of the 5 % preferred stock, priority in a winding-up to repayment of capital, but have no further right to participate in profits or assets and are not entitled to be present or vote at general meetings unless their dividend is in arrears or unless the business of the meeting includes certain matters.

Dividends on the 7 % ‘A’ preferred stock are payable semi-annually on April 5 and October 5 in each year.

The 7 % ‘A’ preferred stock represent 0.49 % and 0.48 % of the total issued share capital as of December 31, 2025 and 2024, respectively.

For the years ended December 31, 2025, 2024, and 2023, dividends declared on 5 % preferred stock and 7 % ‘A’ preferred stock were all less than $ 1 million, respectively.

During 2025 and 2024, a total of 11,701,135 and 15,872,321 shares of Common stock (equivalent to 1.66 % and 2.21 % of the Company’s issued share capital) were repurchased at an average price of $ 100.91 and $ 82.01 per share under the share buyback program, respectively.

During 2024, all repurchased shares of Common stock were retired on repurchase.

During 2023, 17,620,740 shares of Treasury stock (equivalent to 2.40 % of the Company’s issued share capital) were retired.

At December 31, 2024 and 2023, 41,355,384 and 42,419,281 shares were held as Treasury stock, equivalent to 5.75 % and 5.78 % of the Common stock issued, respectively.

During 2025 and 2024, all repurchased shares of Common stock were retired on repurchase.

As of December 31, 2025 and 2024, 38,315,792 and 41,355,384 shares were held as Treasury stock, equivalent to 5.42 % and 5.75 % of the Common stock issued, respectively.

CRH FORM 10-K

3 unchanged sentences

Hedges Pension and Other Postretirement Plans Total

Balance at December 31, 2021 ( 127 ) 18 ( 316 ) ( 425 )

Other comprehensive (loss) income before reclassifications ( 664 ) 23 288 ( 353 )

Amounts reclassified from Accumulated other comprehensive loss (i) ( 1 ) ( 60 ) 6 ( 55 )

Net current-period other comprehensive (loss) income ( 665 ) ( 37 ) 294 ( 408 )

Other comprehensive loss attributable to noncontrolling interests 46 – – 46

Balance at December 31, 2022 ( 746 ) ( 19 ) ( 22 ) ( 787 )

Balance as of December 31, 2022 ( 746 ) ( 19 ) ( 22 ) ( 787 )

Other comprehensive income (loss) before reclassifications 310 ( 37 ) ( 104 ) 169

2 unchanged sentences

Other comprehensive (income) attributable to noncontrolling interests ( 3 ) – – ( 3 )

Balance at December 31, 2023 ( 439 ) ( 47 ) ( 130 ) ( 616 )

Balance as of December 31, 2023 ( 439 ) ( 47 ) ( 130 ) ( 616 )

Other comprehensive (loss) income before reclassifications ( 431 ) ( 27 ) 39 ( 419 )

2 unchanged sentences

Other comprehensive loss attributable to noncontrolling interests 53 – – 53

Balance at December 31, 2024 ( 856 ) ( 63 ) ( 86 ) ( 1,005 )

(i) For the years ended Decembe r 31, 2024, 2023 , and 2022, $ ( 39 ) million, $ nil million, and $ 4 million respectively were transferred from currency translation related to (losses) gains on divestitures that were reclassified from Accumulated other comprehensive loss to Other nonoperating income (expense), net.

For the year ended December 31, 2022, $( 5 ) million was transferred from currency translation related to losses on divestitures that were reclassified from Accumulated other comprehensive loss to Income from discontinued operations, net of income tax expense.

Balance as of December 31, 2024 ( 856 ) ( 63 ) ( 86 ) ( 1,005 )

Other comprehensive income before reclassifications 758 16 83 857

Amounts reclassified from Accumulated other comprehensive loss (i) ( 45 ) ( 1 ) ( 19 ) ( 65 )

Net current-period other comprehensive income 713 15 64 792

Other comprehensive (income) attributable to noncontrolling interests ( 44 ) – – ( 44 )

Balance as of December 31, 2025 ( 187 ) ( 48 ) ( 22 ) ( 257 )

(i) For the years ended December 31, 2025, 2024, and 2023, $( 45 ) million, $( 39 ) million, and $ nil million respectively were transferred from currency translation related to (losses) gains on divestitures that were reclassified from Accumulated other comprehensive loss to Other nonoperating income (expense), net.

The amounts reclassified from Accumulated other comprehensive loss to income for the years ended December 31 were:

2 unchanged sentences

Cost of product revenues ( 1 ) 14 12

Income tax (benefit) expense ( 3 ) ( 3 ) 13

Income tax benefit – ( 3 ) ( 3 )

Total ( 1 ) 11 9

Pension and other postretirement plans

Other nonoperating expense (income), net 9 ( 7 ) 8

Other nonoperating (income) expense, net ( 7 ) 9 ( 7 )

Income tax (benefit) expense ( 12 ) ( 4 ) 3

1 unchanged sentence

Reclassifications from Accumulated other comprehensive loss to income ( 20 ) 16 5

CRH FORM 10-K

Segment information

During the fourth quarter of 2024, the Company's reportable segments changed to the following three segments:

The Company has the following three operating and reportable segments:

Americas Materials Solutions;

1 unchanged sentence

International Solutions

The Americas Materials Solutions segment provides building materials 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, cement, readymixed concrete and asphalt.

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 solutions for the built environment in communities across North America.

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 integrated building solutions primarily across Europe and Australia.

The business integrates materials, products, and services to provide complete building solutions for use in the construction and renovation of public infrastructure, critical networks, commercial and residential buildings and outdoor living spaces.

The new segment structure reflects the nature of the financial information reported to and assessed by the Chief Executive Officer, Chief Financial Officer and Chief Operating Officer, who are together determined to fulfil the role of CODM.

Comparative segment information for 2023 and 2022 has been recast to reflect the change in segments.

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

The segment structure reflects the nature of the financial information reported to and assessed by the Chief Executive Officer, Chief Financial Officer and Chief Operating Officer, who are together determined to fulfill the role of Chief Operating Decision Maker (CODM).

The principal factors employed in the identification of the three segments reflected in this note include:

CRH Form 10-K 87

(i) the Company’s organizational structure in 2025 (during 2025 the Divisional President fulfilled the role of “segment manager”);

6 unchanged sentences

There are no asymmetrical allocations to reporting segments which would require disclosure.

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

Adjusted EBITDA is defined as earnings from continuing operations before interest, taxes, depreciation, depletion, amortization, Loss on impairments, gain/loss on divestitures and investments, 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 for the years ended December 31 were:

in $ millions Americas Materials Solutions Americas Building Solutions International Solutions Total

in $ millions

Americas Materials Solutions Americas Building Solutions International Solutions Total

Revenue 17,029 7,122 13,296 37,447

3 unchanged sentences

Adjusted EBITDA 4,002 1,474 2,205 7,681

in $ millions Americas Materials Solutions Americas Building Solutions International Solutions Total

in $ millions 2024

Americas Materials Solutions Americas Building Solutions International Solutions Total

Revenue 16,173 7,059 12,340 35,572

3 unchanged sentences

Adjusted EBITDA 3,745 1,389 1,796 6,930

in $ millions Americas Materials Solutions Americas Building Solutions International Solutions Total

CRH FORM 10-K

in $ millions 2023

Americas Materials Solutions Americas Building Solutions International Solutions Total

Revenue 15,435 7,017 12,497 34,949

4 unchanged sentences

(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.

As a result of our integrated building solutions model, the composition of other segment items is such that at a segment level none of these items is individually significant in determining segment performance.

CRH Form 10-K 88

The composition of other segment items is such that at a segment level none of these items is individually significant in determining segment performance.

in $ millions 2025 2024 2023

4 unchanged sentences

Interest expense ( 810 ) ( 612 ) ( 376 )

Gain (loss) on divestitures and unrealized gains on investments (ii) 250 – ( 99 )

Gain on divestitures and investments (ii) 1 250 –

Pension income excluding current service cost component (ii) 21 7 3

1 unchanged sentence

Substantial acquisition-related costs ( 45 ) ( 46 ) –

Income from continuing operations before income tax expense and income from equity method investments 4,714 4,014 3,461

(i) The total Loss on impairments comprised of $ 161 million and $ 295 million within International Solutions for the years ended December 31, 2024 and 2023, respectively and $ 62 million within Americas Materials Solutions for the year ended December 31, 2023.

(ii) Gain (loss) on divestitures and unrealized gains on investments, pension income excluding current service cost component and other interest, net have been included in Other nonoperating income (expense) , net in the Consolidated Statements of Income.

Income before income tax expense and income from equity method investments 4,805 4,714 4,014

(i) The total Loss on impairments is comprised of $ 40 million, $ 161 million and $ 295 million within International Solutions for the years ended December 31, 2025, 2024, and 2023, respectively and $ 62 million within Americas Materials Solutions for the year ended December 31, 2023.

(ii) Gain 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 Consolidated Statements of Income.

Depreciation, depletion and amortization for each of the segments for the years ended December 31 were:

5 unchanged sentences

Total depreciation, depletion and amortization 2,156 1,798 1,633

The Gain (loss) on divestitures and unrealized gains on investments for each of the segments for the years ended December 31 were:

The gain on divestitures and investments for each of the segments for the years ended December 31 were:

in $ millions 2025 2024 2023

Gain (loss) on divestitures and unrealized gains on investments

Gain on divestitures and investments

Americas Materials Solutions 19 – –

Americas Building Solutions – 1 –

International Solutions ( 18 ) 249 –

Total gain (loss) on divestitures and unrealized gains on investments 250 – ( 99 )

The segment assets at December 31 were:

Total gain on divestitures and investments 1 250 –

CRH FORM 10-K

The segment assets as of December 31 were:

in $ millions 2025 2024 2023

10 unchanged sentences

Total assets as reported in the Consolidated Balance Sheets 58,329 50,613 47,469

CRH Form 10-K 89

The segment liabilities at December 31 were:

The segment liabilities as of December 31 were:

in $ millions 2025 2024 2023

9 unchanged sentences

Total liabilities as reported in the Consolidated Balance Sheets 32,851 27,763 25,848

CRH FORM 10-K

Additions to property, plant and equipment and intangible assets for each of the segments for the years ended December 31 were:

6 unchanged sentences

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

Long-lived assets by geographic area at December 31 were:

Long-lived assets by geographic area as of December 31 were:

in $ millions 2025 2024 2023

4 unchanged sentences

Total long-lived assets by geographical area 26,408 22,726 19,133

(i) Long-lived assets comprise property, plant and equipment and operating lease right-of-use assets.

(i) Long-lived assets are comprised of property, plant and equipment and operating lease right-of-use assets.

Information about major customers

2 unchanged sentences

Pension and other postretirement benefits

The Company operates either defined benefit or defined contribution pension schemes in all of its principal operating areas.

The disclosures included below relate to all pension schemes in the Company.

The Company operates defined benefit pension schemes in Australia, Belgium, Canada, France, Germany, Italy, the Netherlands, the Philippines, the Republic of Ireland, Romania, Serbia, Slovakia, Switzerland, the United Kingdom, the United States and Ukraine.

The Company has a mixture of funded and unfunded defined benefit pension schemes.

The net surplus of the funded schemes was $ 290 million and $ 218 million at December 31, 2024, and December 31, 2023, respectively.

Unfunded obligations (including jubilee, postretirement healthcare obligations and long-term service commitments) comprise of a number of schemes in Canada, France, Germany, Ireland, Italy, the Netherlands, the Philippines, Romania, Serbia, Slovakia, Switzerland, the United States and Ukraine totaling a net liability of $ 235 million and $ 260 million at December 31, 2024, and December 31, 2023, respectively.

Funded defined benefit schemes in Australia, the Republic of Ireland, Switzerland and the United Kingdom are administered by separate funds that are legally distinct from the Company under the jurisdiction of Trustees.

The Trustees are required by law to act in the best interests of the scheme participants and are responsible for the definition of investment strategy and for scheme administration.

Other schemes are also administered in line with the local regulatory environment.

The Company operates either defined benefit or defined contribution pension plans in all of its principal operating areas.

The disclosures included below relate to all pension plans in the Company.

The Company operates defined benefit pension plans in Australia, Belgium, Canada, France, Germany, Italy, the Netherlands, the Philippines, the Republic of Ireland, Romania, Serbia, Slovakia, Switzerland, the United Kingdom, the United States and Ukraine.

The Company has a mixture of funded and unfunded defined benefit pension plans.

The net surplus of the funded plans was $ 474 million and $ 290 million as of December 31, 2025 and 2024, respectively.

Underfunded and unfunded obligations (including jubilee, postretirement healthcare obligations and long‑term service commitments) are comprised of a number of plans in Canada, France, Germany, Italy, the Netherlands, the Philippines, Romania, Serbia, Slovakia, Switzerland, Ukraine and the United States totaling a net liability of $ 261 million and $ 235 million as of December 31, 2025 and 2024, respectively.

Funded defined benefit plans in Australia, the Netherlands, the Republic of Ireland, Switzerland and the United Kingdom are administered by separate funds that are legally distinct from the Company under the jurisdiction of Trustees/Pension Boards.

The Trustees/Pension Boards are required by law to act in the best interests of the scheme participants and are responsible for the definition of investment strategy and for scheme administration.

Other plans are also administered in line with the local regulatory environment.

The level of benefits available to most members depends on length of service and either their average salary over their period of employment or their salary in the final years leading up to retirement.

For Switzerland, the level of benefits depends on salary, level of savings contributions, the interest rate on old age accounts (which cannot be negative) and the annuity conversion factor on retirement.

The Company’s pension schemes in Switzerland are contribution-based schemes with guarantees.

The Company’s pension plans in Switzerland are contribution-based plans with guarantees.

This means the Company pays an age-dependent fixed contribution percentage but should the invested assets be insufficient to meet the guaranteed benefit obligations, additional contributions might be required.

2 unchanged sentences

Pension Plans OPEB Plans (i)

2024 2023 2024 2023

in $ millions U.S.

in $ millions 2025 2024 2025 2024

Change in benefit obligation:

3 unchanged sentences

Amendments 1 – – – – –

Actuarial (gains) and losses ( 24 ) ( 28 ) 9 178 ( 10 ) 3

Actuarial losses and (gains) 17 ( 173 ) ( 24 ) ( 28 ) 10 ( 10 )

Benefits paid ( 36 ) ( 98 ) ( 34 ) ( 104 ) ( 5 ) ( 5 )

2 unchanged sentences

Settlements – ( 11 ) – ( 7 ) – –

Net transfer in/(out) (including the effect of any business combinations/divestitures) – 27 – – ( 1 ) –

Net transfer (out) in (including the effect of any business combinations/divestitures) – ( 29 ) – 27 – ( 1 )

Foreign currency rate changes – 268 – ( 145 ) 1 ( 2 )

7 unchanged sentences

Settlements – ( 11 ) – ( 7 ) – –

Net transfer in (including effect of any business combinations/divestitures) – 82 – – – –

Net transfer (out) in (including effect of any business combinations/divestitures) – ( 29 ) – 82 – –

Foreign currency rate changes – 301 – ( 155 ) – –

9 unchanged sentences

Noncurrent liabilities ( 40 ) ( 106 ) ( 28 ) ( 106 ) ( 102 ) ( 89 )

Liabilities held for sale – – – ( 46 ) – ( 1 )

Funded status at end of year ( 42 ) 363 ( 30 ) 180 ( 108 ) ( 95 )

3 unchanged sentences

(i) Includes a benefit obligation of $ 9 million and $ 8 million related to non-U.S.

OPEB plans at December 31, 2024 and 2023, respectively.

OPEB plans as of December 31, 2025 and 2024, respectively.

CRH FORM 10-K

The pension and other postretirement plans for which their accumulated benefit obligation, projected benefit obligation or accumulated postretirement benefit obligation exceeds the fair value of their respective plan assets at December 31 were:

in $ millions U.S.

Plans Non-U.S.

in $ millions 2024 2023 2024 2023

2025 2024 2025 2024

Pension plans with projected benefit obligations in excess of plan assets:

13 unchanged sentences

Total expense within the Consolidated Statements of Income 392 379 351

Components of Net Periodic Benefit Cost (Income)

The components of net periodic benefit cost (income) recognized in the Consolidated Statements of Income for the years ended December 31 were:

Components of Net Periodic Benefit Cost

The components of net periodic benefit cost recognized in the Consolidated Statements of Income for the years ended December 31 were:

Pension Plans OPEB Plans (ii)

in $ millions

2025 2024 2023 2025 2024 2023 2025 2024 2023

Service cost 1 2 1 39 39 31 2 3 2

2 unchanged sentences

Amortization of:

Prior service cost (credit) – – 1 ( 12 ) ( 11 ) ( 11 ) – – –

Prior service credit – – – ( 12 ) ( 12 ) ( 11 ) – – –

Actuarial loss (gain) – 2 3 8 6 4 ( 3 ) ( 2 ) ( 3 )

Curtailment loss (gain) – – 3 ( 3 ) – – – ( 1 ) –

Curtailment gain – – – ( 3 ) ( 3 ) – – – ( 1 )

Settlement (gain) loss (i) – – – – ( 3 ) 1 – – –

Net periodic benefit cost (income) (iii) 7 8 ( 4 ) 21 20 28 6 3 6

(i) Settlement gain of $ 3 million relates to pension plans divested as part of the sale of the Company's Lime operations in Europe and is included in gain on divestitures, within Other nonoperating income (expense), net.

(ii) Includes the net periodic benefit cost of $ nil million, $ nil million and $ 1 million related to non-U.S.

OPEB plans for the years ended December 31, 2024, 2023, and 2022 respectively.

Net periodic benefit cost (iii) 3 7 8 14 21 20 4 6 3

(i) Settlement gain of $ 3 million, for the year ended December 31, 2024, relates to pension plans divested as part of the divestiture of the European Lime operations and is included in gain on divestitures, within Other nonoperating income (expense), net.

(ii) Includes the net periodic benefit cost of $ nil million, related to non-U.S.

OPEB plans for each of the years ended December 31, 2025, 2024, and 2023, respectively.

(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.

CRH FORM 10-K

The changes in plan assets and benefit obligations that were recognized in Other comprehensive (income) loss for the years ended December 31 were:

The changes in plan assets and benefit obligations that were recognized in Other comprehensive loss (income) for the years ended December 31 were:

Pension Plans OPEB Plans (i)

in $ millions

Net actuarial (gain) loss ( 20 ) ( 8 ) ( 1 ) ( 17 ) 126 ( 292 ) ( 10 ) 3 ( 32 )

2025 2024 2023 2025 2024 2023 2025 2024 2023

Net actuarial loss (gain) 10 ( 20 ) ( 8 ) ( 135 ) ( 17 ) 126 10 ( 10 ) 3

Prior service cost (credit) 1 – – – – ( 1 ) – – –

Amortization or curtailment recognition of prior service (cost) credit – – ( 4 ) 12 11 11 – – –

Amortization or curtailment recognition of prior service credit – – – 13 12 11 – – –

Amortization or settlement recognition of net (loss) gain – ( 2 ) ( 3 ) ( 8 ) ( 5 ) ( 4 ) 3 2 3

Foreign currency exchange effects – – – 7 ( 4 ) ( 2 ) – – –

Amount recognized in other comprehensive (income) loss (i) ( 22 ) ( 11 ) ( 5 ) ( 14 ) 130 ( 323 ) ( 8 ) 6 ( 32 )

Amount recognized in net periodic pension benefit cost (income) and other comprehensive (income) loss ( 15 ) ( 3 ) ( 9 ) 3 150 ( 295 ) ( 2 ) 9 ( 26 )

(i) Includes an amount recognized in Other comprehensive (income) loss of $ nil million, $ 1 million and $( 2 ) million related to non-U.S.

Amount recognized in other comprehensive loss (income) (i) 11 ( 22 ) ( 11 ) ( 123 ) ( 14 ) 130 13 ( 8 ) 6

Amount recognized in net periodic pension benefit cost and other comprehensive loss (income) 14 ( 15 ) ( 3 ) ( 109 ) 3 150 17 ( 2 ) 9

(i) Includes an amount recognized in Other comprehensive loss (income) of $ nil million, $ nil million and $ 1 million related to non-U.S.

OPEB plans for the years ended December 31, 2025, 2024, and 2023, respectively.

The weighted average assumptions used to determine net periodic benefit cost (income) for the years ended December 31 were:

The weighted average assumptions used to determine net periodic benefit cost for the years ended December 31 were:

Pension Plans OPEB Plans

1 unchanged sentence

Discount rate 5.55 % 4.95 % 5.20 % 3.41 % 3.49 % 4.13 % 5.34 % 4.86 % 5.08 %

Rate of compensation increase N/A N/A 3.50 % 3.22 % 3.22 % 2.74 % 2.75 % 2.80 % 2.22 %

Rate of compensation increase N/A N/A N/A 2.88 % 3.22 % 3.22 % 2.33 % 2.75 % 2.80 %

Expected long‐term rate of return on plan assets 6.00 % 5.50 % 5.50 % 3.90 % 3.62 % 4.04 % N/A N/A N/A

Interest crediting rates N/A N/A N/A 1.60 % 1.60 % 1.50 % N/A N/A N/A

The weighted average assumptions used to determine the benefit obligation at December 31 were:

The weighted average assumptions used to determine the benefit obligation as of December 31 were:

Pension Plans OPEB Plans

16 unchanged sentences

CRH FORM 10-K

The target allocation ranges and fair values by asset class at December 31 were:

The target allocation ranges and fair values by asset class as of December 31 were:

Pension Plans

12 unchanged sentences

pension plans, debt instruments with a total allocation range of 65 - 85 % are made up of 65 - 85 % in non-government debt instruments and 65 - 85 % in government fixed interest instruments.

pension plans, debt instruments with a total allocation range of 25 - 40 % are made up of 24 - 35 % in non-government debt instruments, 32 - 44 % in government fixed interest instruments, 23 - 31 % in government inflation-protected bonds, 9 - 16 % in asset-backed instruments, 9 - 16 % in inflation-protected bonds and 9 - 16 % in structured debt.

The Company’s asset allocations by asset category at December 31 were:

pension plans, debt instruments with a total allocation range of 20 - 35 % are made up of 32 - 43 % in government inflation-protected bonds, 18 - 30 % in government fixed interest instruments, 12 - 18 % in non-government debt instruments, 6 - 12 % in asset-backed instruments, 6 - 12 % in inflation-protected bonds and 6 - 12 % in structured debt.

The Company’s asset allocations by asset category as of December 31 were:

Pension Plans

in $ millions 2025

Plans Non-U.S.

in $ millions Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total

Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total

Cash and cash equivalents 4 – – 4 56 4 – 60

11 unchanged sentences

pension plans, debt instruments of $ 318 million are made up of $ 210 million in non-government debt instruments and $ 108 million in government fixed interest instruments.

pension plans, debt instruments of $ 1,437 million are made up of $ 245 million in non-government debt instruments, $ 721 million in government fixed interest instruments, $ 434 million in government inflation-protected bonds and $ 37 million in asset-backed instruments.

There were no other postretirement plan assets at December 31, 2024.

CRH Form 10-K 94

pension plans, debt instruments of $ 1,581 million are made up of $ 810 million in government inflation-protected bonds, $ 451 million in government fixed interest instruments, $ 275 million in non-government debt instruments, and $ 45 million in asset-backed instruments.

There were no other postretirement plan assets as of December 31, 2025.

Pension Plans

in $ millions 2024

Plans Non-U.S.

in $ millions Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total

Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total

Cash and cash equivalents 3 – – 3 32 22 – 54

7 unchanged sentences

Total 19 413 2 434 1,966 376 121 2,463

CRH FORM 10-K

pension plans, equity instruments of $ 87 million are made up of $ 78 million in developed markets’ diversified equity instruments and $ 9 million in emerging markets’ diversified equity instruments.

2 unchanged sentences

pension plans, debt instruments of $ 326 million are made up of $ 226 million in non-government debt instruments and $ 100 million in government fixed interest instruments.

pension plans, debt instruments of $ 1,489 million are made up of $ 251 million in non-government debt instruments, $ 400 million in government fixed interest instruments, $ 763 million in government inflation-protected bonds, $ 34 million in asset-backed instruments and $ 41 million in inflation-protected bonds.

There were no other postretirement plan assets at December 31, 2023.

There were no other postretirement plan assets as of December 31, 2024.

The Level 3 reconciliation for pension plans by asset class for the years ended December 31, 2025 and 2024 were:

7 unchanged sentences

Total 121 ( 3 ) ( 6 ) – 9 121

in $ millions Beginning balance on 1/1/2023 Actual return on plan assets, relating to assets still held at reporting date Purchases, sales and settlements Transfer (out of) Level 3 Ending balance on 12/31/2023

Investment funds 11 – – ( 11 ) –

in $ millions Beginning balance on 1/1/2024 Actual return on plan assets, relating to assets still held at reporting date Purchases, sales and settlements Transfer out of Level 3 Change due to exchange rate changes Ending balance on 12/31/2024

Other 4 – – ( 2 ) – 2

Total 4 – – ( 2 ) – 2

CRH Form 10-K 95

in $ millions Beginning balance on 1/1/2023 Actual return on plan assets, relating to assets still held at reporting date Purchases, sales and settlements Change due to exchange rate changes Ending balance on 12/31/2023

Real estate 14 – ( 6 ) – – 8

15 unchanged sentences

Direct investments in real estate are classed as Level 2 and determined using the NAV provided by the administrator.

CRH FORM 10-K

Assets held by insurance company:

2 unchanged sentences

Assets held by insurance company are generally classified as Level 2 or Level 3 depending on the structure of the contract/market pricing information.

The assumed healthcare cost trend rates at December 31 were:

The assumed healthcare cost trend rates as of December 31 were:

2025 2024 2023

23 unchanged sentences

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 Consolidated Balance Sheets before intragroup eliminations with other CRH companies at December 31 were:

The carrying amounts of assets and liabilities of the consolidated VIE, reported within the Consolidated Balance Sheets before intragroup eliminations with other CRH companies as of December 31 were:

in $ millions 2025 2024

27 unchanged sentences

Total cost of revenues ( 315 ) ( 339 ) ( 416 )

Gross profit 20 30 65

Gross (loss) profit ( 5 ) 20 30

Net loss ( 64 ) ( 40 ) ( 325 )

2 unchanged sentences

Redeemable noncontrolling interests

The Redeemable noncontrolling interests primarily comprise of the noncontrolling interests in two of the Company’s North American subsidiaries, that are currently redeemable.

The Company has the ability to exercise the call option for the noncontrolling interests on or after December 31, 2031.

The Redeemable noncontrolling interests primarily consist of 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 option for the noncontrolling interests on or 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.

2 unchanged sentences

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 year ended December 31, 2024, the Company recognized an addition to redeemable noncontrolling interest, as reflected in Note 4, and adjusted the carrying amount of the redeemable noncontrolling interests to reflect the estimated redemption values as of the balance sheet date.

During the year ended December 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 rollforward of Redeemable noncontrolling interests at December 31 was:

The rollforward of Redeemable noncontrolling interests as of December 31 was:

in $ millions

Balance at December 31, 2021 336

Balance as of December 31, 2022 308

Net income attributable to redeemable noncontrolling interests 28

1 unchanged sentence

Dividends paid ( 27 )

Balance at December 31, 2022 308

Balance as of December 31, 2023 333

Net income attributable to redeemable noncontrolling interests 28

Acquisitions 12

Adjustment to the redemption value 34

Dividends paid ( 23 )

Balance at December 31, 2023 333

Balance as of December 31, 2024 384

Net income attributable to redeemable noncontrolling interests 28

2 unchanged sentences

Dividends paid ( 22 )

Balance at December 31, 2024 384

Balance as of December 31, 2025 430

Commitments and contingencies

The Company has given letters of guarantee to secure obligations of subsidiary undertakings as follows:

$ 13.1 billion and $ 11.3 billion in respect of loans and borrowings, bank advances and derivative obligations at December 31, 2024, and 2023, respectively, and $ 0.4 billion and $ 0.4 billion at December 31, 2024, and 2023, respectively, in respect of letters of credit due within one year .

$ 16.6 billion and $ 13.1 billion in respect of loans and borrowings, bank advances and derivative obligations as of December 31, 2025, and 2024, respectively, and $ 0.5 billion and $ 0.4 billion as of December 31, 2025, and 2024, respectively, in respect of letters of credit due within one year .

Contractual commitments

Contractual commitments at December 31, 2024, were:

Contractual commitments as of December 31, 2025, were:

in $ millions Unconditional purchase obligations

6 unchanged sentences

Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the Consolidated Financial Statements except as noted below.

Issuance of Senior Notes

In January 2025, wholly-owned subsidiaries of the Company completed the issuance and sale of $ 1.25 billion 5.125 % Guaranteed Notes due 2030, $ 1.25 billion 5.500 % Guaranteed Notes due 2035, and $ 0.5 billion 5.875 % Guaranteed Notes due 2055.

The first three tranches of debt 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.

On January 27, 2026, the Company entered into an agreement to divest of its Construction Accessories operations, part of the International Solutions segment, for a total consideration of $ 0.7 billion.

The transaction remains subject to customary closing conditions and regulatory approvals.

CRH FORM 10-K

1 unchanged sentence

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 8. Financial Statements and Supplementary Data