Owner Scorecard


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An industry chapter · Construction Materials

Construction Materials

7 members, 5233 to LOMA, A to Z by ticker.

Gross profitability
median 17% — gross profit as a share of total assets, each member's median across its readable years; read on 5 of 7 members
Capital intensity
median 5.3% — capital expenditure as a share of revenue, each member's median across its readable years; read on 6 of 7 members
Net cash
0 of the 5 members with a readable debt line hold more cash and short-term investments than total debt

Figures describe the list as a group, from each member's own filed record; they name no member and form no rank. A member missing an input is absent from that median, never counted against the others.

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5233 Taiheiyo Cement

A diversified business; where the profit really comes from, and whether it is earned or bought, is what the segment detail settles.

Owner earnings not read

Retained capital not read

Balance sheet Heavy net debt, ¥354.4B

AMRZ Amrize Ltd

Amrize Ltd is a building solutions company focused on the North American market, offering customers a broad range of advanced building solutions from foundation to rooftop.

Owner earnings 2023–2025 $1.4B$1.6B$1.4B

Retained capital not read

Balance sheet net position not read (debt under-captured)

CPAC Cementos Pacasmayo S.A.A.

A capital-intensive business, run on heavy physical assets that must be kept working and earn a return above what they cost to maintain.

Owner earnings 2015–2024 PEN 217MPEN 147MPEN 179MPEN 123MPEN 127MPEN 284MPEN 85M(PEN 10M)PEN 287MPEN 257M

Retained capital Paid out PEN 355M more than it earned over 2015–2024; annual owner earnings fell PEN 3M.

Balance sheet net position not read (debt under-captured) · dividend paid 10 of 10 yrs, cut at least once

CRH CRH Public Limited Company

CRH sells the heavy, low-value materials that go into roads and buildings: crushed stone, sand and gravel, cement, asphalt, ready-mix concrete, and a range of building products, weighted toward North America. It quarries aggregates and turns them into materials sold close to where they are dug, earning the margin between extraction and the delivered price.

Owner earnings 2021–2025 $2.4B$2.3B$3.2B$3.2B$3.5B

Retained capital Retained $9.1B of earnings over 2021–2025; annual owner earnings grew $653M, $0.07 per $1 retained.

Balance sheet Meaningful net debt, $13.4B · buybacks at an average near $61.55

CX Cemex S.A.B. de C.V. Sponsored ADR

We produce these products, we do so primarily for internal consumption and consequently have fairly insignificant third-party sales.

Owner earnings 2017–2024 $1.3B$966M$704M$1.1B$1.1B$613M$1.4B$894M

Retained capital Retained $2.2B of earnings over 2017–2024; annual owner earnings fell $28M, $-0.01 per $1 retained.

Balance sheet Meaningful net debt, $4.5B · dividend paid 2 of 8 yrs, cut at least once

EXP Eagle Materials

Eagle Materials operates all its quarries, and mining at our quarries is done by Company personnel.

Owner earnings 2017–2026 $275M$206M$228M$267M$589M$443M$432M$444M$353M$449M

Retained capital Retained $178M of earnings over 2017–2026; annual owner earnings grew $179M.

Balance sheet Meaningful net debt, $1.5B · buybacks at an average near $134 · dividend paid 10 of 10 yrs, cut at least once

LOMA LOMA NEGRA COMPANIA INDUSTRIALARGENTINA SOCIEDAD ANONIMA

Loma Negra makes and sells cement and related building materials to builders and construction firms across Argentina. It digs limestone from its own quarries, burns it in kilns fired with petcoke among other fuels, and ships the finished product to the markets nearest each plant. It is Argentina's largest cement producer, and because cement is heavy and cheap to move, the cost of freight ties every plant to the region around it.

Owner earnings 2015–2024 ARS 1.0BARS 2.0BARS 5.1BARS 4.9BARS 10.8BARS 24.2BARS 48.3BARS 143.5BARS 106.7BARS 51.7B

Retained capital Paid out ARS 66.7B more than it earned over 2015–2024; annual owner earnings grew ARS 97.9B.

Balance sheet Net debt against an operating loss, ARS 161.8B · dividend paid 6 of 10 yrs, cut at least once

The same four lines for every member, in strict ticker order; a figure that could not be read renders as "not read," never as a mark against the record beside it. The header describes the list and names no member; the entries carry no ranking and form no score. What a chapter cannot carry — understanding of the business, and a price — is yours.