CRH PLC — Earnings Quality Grade F
CRH · Basic Materials
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 42 days, change +3 days YoY
AR outpaced revenue for 2 consecutive years
Revenue 5.3%, CFFO 12.7%. Cash follows revenue
Expense Quality
Inventory 10.4% vs COGS 4.6%. Normal
CapEx growth 5.2% vs revenue 5.3%. Normal
SG&A/Gross Profit = 59.2%. Normal
Gross margin 36.1%, change +0.4pp. Stable
Cash Flow Quality
CFFO/NI = 1.51. Profits backed by cash
FCF $2.9B, FCF/NI = 0.78
Accruals ratio = -3.2%. Low accruals
Cash $4.1B covers only 21% of debt $19.7B
Balance Sheet Health
Goodwill+Intangibles $15.1B = 63% of equity. Over 50%
Debt/EBITDA = 2.5x. Healthy
Other assets grew 28.1% vs revenue 5.3%
Write-offs normal
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change 23% YoY. Normal
Manipulation Score
M-Score = -2.52 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10