Earnings per share (EPS) (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Basic and Diluted Earnings per Share

The calculation of basic and diluted earnings per share for the years ended December 31 were:


in $ millions, except share and per share data	2023	2022	2021
Numerator
Income from continuing operations	3,072	2,699	2,507
Net (income) attributable to redeemable noncontrolling interests	(28)	(27)	(22)
Net loss (income) attributable to noncontrolling interests	134	–	(34)
Adjustment of redeemable noncontrolling interests to redemption value	(24)	40	(18)
Income from continuing operations for EPS - basic and diluted	3,154	2,712	2,433
Income from discontinued operations, net of income tax expense	–	1,190	179
Net income attributable to CRH plc for EPS - basic and diluted	3,154	3,902	2,612

Denominator
Weighted average common shares outstanding – Basic (i)	723.9	758.3	780.2
Effect of dilutive employee share awards (ii)	5.3	5.8	6.6
Weighted average common shares outstanding – Diluted	729.2	764.1	786.8

Basic earnings per share attributable to CRH plc
Continuing operations	$4.36	$3.58	$3.12
Discontinued operations	–	$1.57	$0.23
Net income	$4.36	$5.15	$3.35

Diluted earnings per share attributable to CRH plc
Continuing operations	$4.33	$3.55	$3.09
Discontinued operations	–	$1.56	$0.23
Net income	$4.33	$5.11	$3.32

(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 4,677,404, 4,209,404 and 3,630,633 at December 31, 2023, 2022 and 2021, 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.