Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 10.6B | 10.4% |
| Gross Profit | 4.06B | 10.4% |
| Cost of Revenue | 8.67B | 9.3% |
| Operating expense | 2.12B | 14.8% |
| Net Income | 1.38B | 6.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 51.2B | 6.5% |
| Total Liabilities | 28.1B | 5.3% |
| Total Equity | 21.9B | 5.5% |
| Shares Outstanding | 721M | 0.5% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.49B | 0.1% |
| Cash from investing | -1.79B | 243.2% |
| Cash from financing | -629M | 85.5% |
EPS
Financial Highlights for CRH in Q3 '24
CRH reported a revenue of 10.6B, which is a 10.4% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 4.06B, marking a 10.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 8.67B, a 9.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 2.12B, showing a 14.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 1.38B, showing a 6.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for CRH with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
