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Side-by-side financial comparison of CRH PUBLIC LTD CO (CRH) and PDD Holdings Inc. (PDD). Click either name above to swap in a different company.

PDD Holdings Inc. is the larger business by last-quarter revenue ($15.2B vs $9.4B, roughly 1.6× CRH PUBLIC LTD CO). PDD Holdings Inc. runs the higher net margin — 27.1% vs 10.9%, a 16.2% gap on every dollar of revenue. Over the past eight quarters, PDD Holdings Inc.'s revenue compounded faster (74.6% CAGR vs 20.1%).

CRH plc is a building materials provider headquartered in Dublin. CRH produces construction materials, primarily aggregates and cement, and manufactures ready-mixed concrete, asphalt concrete, and infrastructural components, of which it is one of the largest suppliers in North America. CRH operates with 3,816 locations in 28 countries in North America, Europe, Australia, and the Philippines.

Pinduoduo is a Chinese online retailer, with a focus on the traditional agriculture industry. The business is the largest product of PDD Holdings, a company currently headquartered in Ireland that also owns the online marketplace Temu.

CRH vs PDD — Head-to-Head

Bigger by revenue
PDD
PDD
1.6× larger
PDD
$15.2B
$9.4B
CRH
Higher net margin
PDD
PDD
16.2% more per $
PDD
27.1%
10.9%
CRH
Faster 2-yr revenue CAGR
PDD
PDD
Annualised
PDD
74.6%
20.1%
CRH

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CRH
CRH
PDD
PDD
Revenue
$9.4B
$15.2B
Net Profit
$1.0B
$4.1B
Gross Margin
35.6%
56.7%
Operating Margin
14.9%
23.1%
Net Margin
10.9%
27.1%
Revenue YoY
6.2%
Net Profit YoY
45.8%
EPS (diluted)
$1.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRH
CRH
PDD
PDD
Q4 25
$9.4B
Q3 25
$11.1B
$15.2B
Q2 25
$10.2B
$14.5B
Q1 25
$6.8B
Q4 24
$8.9B
Q3 24
$10.5B
$14.2B
Q2 24
$9.7B
Q1 24
$6.5B
$12.0B
Net Profit
CRH
CRH
PDD
PDD
Q4 25
$1.0B
Q3 25
$1.5B
$4.1B
Q2 25
$1.3B
$4.3B
Q1 25
$-94.0M
Q4 24
$703.0M
Q3 24
$1.4B
$3.6B
Q2 24
$1.3B
Q1 24
$116.0M
$3.9B
Gross Margin
CRH
CRH
PDD
PDD
Q4 25
35.6%
Q3 25
38.9%
56.7%
Q2 25
39.4%
55.9%
Q1 25
27.2%
Q4 24
35.6%
Q3 24
38.6%
60.0%
Q2 24
38.1%
Q1 24
27.7%
62.3%
Operating Margin
CRH
CRH
PDD
PDD
Q4 25
14.9%
Q3 25
18.8%
23.1%
Q2 25
19.0%
24.8%
Q1 25
0.3%
Q4 24
12.4%
Q3 24
18.7%
24.5%
Q2 24
18.9%
Q1 24
0.4%
29.9%
Net Margin
CRH
CRH
PDD
PDD
Q4 25
10.9%
Q3 25
13.6%
27.1%
Q2 25
12.9%
29.6%
Q1 25
-1.4%
Q4 24
7.9%
Q3 24
13.1%
25.1%
Q2 24
13.4%
Q1 24
1.8%
32.3%
EPS (diluted)
CRH
CRH
PDD
PDD
Q4 25
$1.51
Q3 25
$2.21
Q2 25
$1.94
Q1 25
$-0.15
Q4 24
$1.01
Q3 24
$1.97
Q2 24
$1.88
Q1 24
$0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRH
CRH
PDD
PDD
Cash + ST InvestmentsLiquidity on hand
$4.1B
$13.0B
Total DebtLower is stronger
$17.5B
Stockholders' EquityBook value
$24.0B
$55.0B
Total Assets
$58.3B
$86.2B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRH
CRH
PDD
PDD
Q4 25
$4.1B
Q3 25
$4.2B
$13.0B
Q2 25
$2.9B
$8.8B
Q1 25
$3.4B
Q4 24
$3.7B
Q3 24
$3.0B
$9.3B
Q2 24
$3.1B
Q1 24
$3.3B
$7.7B
Total Debt
CRH
CRH
PDD
PDD
Q4 25
$17.5B
Q3 25
$18.6B
Q2 25
$15.7B
Q1 25
$15.6B
Q4 24
$13.9B
Q3 24
$13.7B
Q2 24
$13.0B
Q1 24
$12.6B
Stockholders' Equity
CRH
CRH
PDD
PDD
Q4 25
$24.0B
Q3 25
$23.3B
$55.0B
Q2 25
$22.3B
$50.5B
Q1 25
$21.1B
Q4 24
$21.6B
Q3 24
$21.9B
$39.7B
Q2 24
$20.7B
Q1 24
$20.0B
$30.3B
Total Assets
CRH
CRH
PDD
PDD
Q4 25
$58.3B
Q3 25
$58.5B
$86.2B
Q2 25
$54.0B
$79.2B
Q1 25
$51.9B
Q4 24
$50.6B
Q3 24
$51.2B
$66.5B
Q2 24
$48.1B
Q1 24
$46.3B
$52.3B
Debt / Equity
CRH
CRH
PDD
PDD
Q4 25
0.73×
Q3 25
0.80×
Q2 25
0.70×
Q1 25
0.74×
Q4 24
0.64×
Q3 24
0.63×
Q2 24
0.63×
Q1 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRH
CRH
PDD
PDD
Operating Cash FlowLast quarter
$2.9B
$6.4B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.84×
1.56×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRH
CRH
PDD
PDD
Q4 25
$2.9B
Q3 25
$2.0B
$6.4B
Q2 25
$1.4B
$3.0B
Q1 25
$-659.0M
Q4 24
$2.7B
Q3 24
$1.5B
$3.9B
Q2 24
$1.5B
Q1 24
$-712.0M
$2.9B
Free Cash Flow
CRH
CRH
PDD
PDD
Q4 25
Q3 25
Q2 25
$723.0M
Q1 25
$-1.3B
Q4 24
$1.8B
Q3 24
$981.0M
Q2 24
$861.0M
Q1 24
$-1.2B
FCF Margin
CRH
CRH
PDD
PDD
Q4 25
Q3 25
Q2 25
7.1%
Q1 25
-19.3%
Q4 24
20.1%
Q3 24
9.3%
Q2 24
8.9%
Q1 24
-18.6%
Capex Intensity
CRH
CRH
PDD
PDD
Q4 25
Q3 25
Q2 25
6.4%
Q1 25
9.5%
Q4 24
10.6%
Q3 24
4.8%
Q2 24
6.5%
Q1 24
7.7%
Cash Conversion
CRH
CRH
PDD
PDD
Q4 25
2.84×
Q3 25
1.32×
1.56×
Q2 25
1.04×
0.70×
Q1 25
Q4 24
3.88×
Q3 24
1.08×
1.10×
Q2 24
1.14×
Q1 24
-6.14×
0.75×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRH
CRH

Products$7.1B76%
Essential Materials$1.4B15%
Outdoor Living Solutions$842.0M9%

PDD
PDD

Segment breakdown not available.

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