Revenue Growth Benchmarks
Top-line performance metrics of companies across industries and countries
Top 50 Global Cement Manufacturers
The top 50 cement companies advanced ~9.1% over 5 years while the YoY growth on LTM basis, averaged 9.7%. Only a select few players, including Dangote Cement (Nigeria), Eagle Materials (USA), Ningxia Building Materials (China), and JK Cement (India), managed to secure positions among the top 10 consistent performers in both 5-year CAGR and LTM YoY growth.
[ 1: LTM Sales in USD Biliion | Red Shading: Companies with negative growth in period | Green Shading: Top 15 companies by growth rank in period ]
| Company | HQ | Reported | Latest | LTM | year-on-year % | CAGR | Growth Rank | ||||||||||||
| Currency | FQ | Sales1 | 3m | 6m | 9m | ltm | 1y | 2y | 3y | 5y | 6m | LTM | 3ycagr | 5ycagr | |||||
| CRH PLC | IRL | USD | 2023-12 | 34.95 | na | 6.1% | na | 6.8% | 6.8% | 9.4% | 10.5% | 4.9% | 30 | 29 | 19 | 34 | |||
| China National Building Material Co Ltd | CHN | HKD | 2023-06 | 31.14 | na | -14.6% | na | -23.6% | -23.8% | -7.8% | -3.0% | 3.3% | 43 | 46 | 46 | 39 | |||
| Holcim Ltd | CHE | CHF | 2023-12 | 30.00 | na | -3.9% | na | -7.5% | -7.5% | 0.3% | 5.3% | -0.3% | 38 | 40 | 31 | 44 | |||
| Heidelberg Materials AG | DEU | EUR | 2023-06 | 22.66 | na | 5.3% | na | 9.6% | 12.7% | 9.5% | 3.8% | 4.1% | 33 | 23 | 35 | 38 | |||
| Anhui Conch Cement Co Ltd | CHN | HKD | 2023-09 | 20.58 | 11.0% | 6.9% | 9.0% | 2.9% | -28.3% | -16.0% | -5.5% | 10.6% | 28 | 35 | 47 | 13 | |||
| Cemex SAB de CV | MEX | USD | 2023-12 | 17.42 | 9.7% | 12.6% | 12.9% | 11.8% | 11.6% | 10.0% | 11.1% | 5.1% | 11 | 20 | 18 | 33 | |||
| Xinjiang Tianshan Cement Co Ltd | CHN | CNY | 2023-09 | 16.21 | -18.8% | -17.6% | -18.5% | -23.9% | -22.0% | -9.6% | 139.2% | 79.7% | 45 | 48 | 1 | 1 | |||
| Grasim Industries Ltd | IND | INR | 2023-12 | 15.26 | 11.6% | 10.8% | 10.8% | 12.3% | 23.2% | 24.2% | 16.3% | 16.2% | 17 | 18 | 7 | 6 | |||
| Siam Cement PCL | THA | THB | 2023-12 | 14.34 | -1.3% | -6.9% | -11.1% | -12.3% | -12.3% | -2.9% | 7.7% | 0.9% | 40 | 43 | 25 | 42 | |||
| BBMG Corp | CHN | HKD | 2023-09 | 13.53 | -8.3% | -18.0% | -14.3% | -23.1% | -24.2% | -5.3% | 4.0% | 9.1% | 46 | 45 | 32 | 18 | |||
| UltraTech Cement Ltd | IND | INR | 2023-12 | 8.27 | 7.9% | 11.4% | 13.3% | 14.8% | 20.6% | 18.7% | 14.3% | 15.3% | 15 | 12 | 12 | 7 | |||
| Martin Marietta Materials Inc | USA | USD | 2023-12 | 6.78 | 8.9% | 9.6% | 10.0% | 10.0% | 10.0% | 11.9% | 12.7% | 9.8% | 22 | 22 | 13 | 15 | |||
| Taiheiyo Cement Corp | JPN | JPY | 2023-12 | 6.20 | 7.7% | 10.1% | 10.0% | 11.4% | 14.3% | -3.2% | -2.9% | -1.5% | 19 | 21 | 45 | 45 | |||
| Grupo Argos SA | COL | COP | 2023-09 | 5.03 | -4.8% | 2.3% | 8.9% | 13.4% | 30.8% | 23.5% | 8.3% | 7.9% | 34 | 15 | 24 | 21 | |||
| Huaxin Cement Co Ltd | CHN | CNY | 2023-09 | 4.66 | 12.3% | 14.8% | 10.8% | 3.2% | -6.1% | 1.9% | -1.0% | 7.8% | 9 | 34 | 43 | 22 | |||
| Buzzi Spa | ITA | EUR | 2023-06 | 4.47 | na | 14.3% | na | 14.8% | 16.0% | 11.4% | 7.4% | 7.3% | 10 | 13 | 27 | 26 | |||
| Vicat SA | FRA | EUR | 2023-12 | 4.26 | na | 7.3% | na | 8.1% | 8.1% | 12.3% | 12.0% | 8.8% | 27 | 27 | 14 | 19 | |||
| Tangshan Jidong Cement Co Ltd | CHN | CNY | 2023-09 | 4.19 | -25.2% | -23.3% | -18.3% | -21.2% | -4.9% | -1.3% | 0.0% | 6.5% | 48 | 44 | 42 | 29 | |||
| James Hardie Industries PLC | IRL | AUD | 2023-12 | 3.86 | 14.6% | 8.8% | 5.8% | 5.5% | 15.4% | 22.5% | 10.5% | 16.4% | 25 | 31 | 20 | 5 | |||
| Ambuja Cements Ltd | IND | INR | 2023-12 | 3.80 | 1.2% | -2.4% | 4.9% | 5.4% | 18.5% | 3.7% | 3.9% | 7.5% | 37 | 32 | 33 | 25 | |||
| Dangote Cement PLC | NGA | NGN | 2023-12 | 3.73 | 57.2% | 55.2% | 49.5% | 36.4% | 36.4% | 26.3% | 28.8% | 19.6% | 2 | 2 | 3 | 3 | |||
| Taiwan Cement Corp | TWN | TWD | 2023-12 | 3.51 | -18.2% | -15.9% | -8.7% | -4.1% | -4.1% | 1.1% | 1.1% | -2.6% | 44 | 39 | 39 | 46 | |||
| China West Construction Group Co Ltd | CHN | CNY | 2023-09 | 3.26 | -13.2% | -9.5% | -10.4% | -10.9% | -7.7% | 3.0% | 2.8% | 10.7% | 41 | 42 | 38 | 12 | |||
| Cementos Argos S.A. | COL | COP | 2023-09 | 2.86 | -1.0% | 7.5% | 14.7% | 16.7% | 19.0% | 13.9% | 7.6% | 6.5% | 26 | 10 | 26 | 31 | |||
| China Shanshui Cement Group Ltd | CHN | HKD | 2023-06 | 2.85 | na | -18.5% | na | -23.8% | -20.5% | -1.6% | 0.1% | 6.5% | 47 | 47 | 41 | 30 | |||
| China Resources Building Materials Tech | HKG | HKD | 2023-09 | 2.79 | na | na | na | na | -26.7% | -10.3% | -6.1% | 1.5% | - | - | 49 | 41 | |||
| Asia Cement Corp | TWN | TWD | 2023-09 | 2.72 | -9.3% | -11.6% | -8.9% | -10.1% | 0.0% | 7.5% | 0.4% | 6.8% | 42 | 41 | 40 | 28 | |||
| Summit Materials Inc | USA | USD | 2023-12 | 2.62 | 19.5% | 11.5% | 9.7% | 8.6% | 8.6% | 4.3% | 3.9% | 4.5% | 14 | 26 | 34 | 36 | |||
| PT Semen Indonesia (Persero) Tbk | IDN | IDR | 2023-12 | 2.54 | 12.4% | 9.9% | 6.8% | 6.2% | 6.2% | 2.6% | 3.2% | 4.7% | 20 | 30 | 36 | 35 | |||
| Boral Ltd | AUS | AUD | 2023-12 | 2.40 | na | 9.4% | na | 15.4% | 17.1% | 8.8% | -15.2% | -9.6% | 23 | 11 | 50 | 48 | |||
| Shree Cement Ltd | IND | INR | 2023-12 | 2.40 | 21.5% | 20.2% | 18.3% | 18.5% | 19.6% | 15.0% | 11.4% | 12.8% | 5 | 9 | 16 | 10 | |||
| ACC Ltd | IND | INR | 2023-12 | 2.31 | 25.7% | 12.6% | 15.2% | 13.9% | 17.3% | 1.5% | 3.0% | 8.0% | 12 | 14 | 37 | 20 | |||
| Eagle Materials Inc | USA | USD | 2023-12 | 2.25 | 9.3% | 5.8% | 6.2% | 7.7% | 15.4% | 15.1% | 15.2% | 9.2% | 31 | 28 | 9 | 17 | |||
| Titan Cement International SA | BEL | EUR | 2023-12 | 2.10 | 4.5% | 110.4% | 110.4% | 209.5% | 11.6% | 21.9% | 16.6% | 11.3% | 1 | 1 | 6 | 11 | |||
| Cementir Holding NV | NLD | EUR | 2023-12 | 1.83 | -8.2% | -4.3% | -6.0% | -1.7% | -1.7% | 11.6% | 11.4% | 7.2% | 39 | 38 | 17 | 27 | |||
| CSR Ltd | AUS | AUD | 2023-09 | 1.79 | na | 5.4% | na | 8.6% | 13.1% | 11.0% | 5.7% | 0.1% | 32 | 25 | 30 | 43 | |||
| Breedon Group PLC | JEY | GBP | 2023-06 | 1.77 | na | 10.7% | na | 12.7% | 13.3% | 22.6% | 14.5% | 16.4% | 18 | 17 | 11 | 4 | |||
| Hanil holdings Co Ltd | KOR | KRW | 2023-09 | 1.75 | 8.8% | 15.7% | 24.0% | 22.4% | 19.1% | 13.2% | 6.0% | 10.5% | 7 | 5 | 29 | 14 | |||
| Ssangyong C&E | KOR | KRW | 2023-09 | 1.74 | 4.2% | 9.7% | 15.9% | 30.5% | 18.3% | 15.6% | 8.5% | 5.3% | 21 | 3 | 23 | 32 | |||
| Dalmia Bharat Ltd | IND | INR | 2023-12 | 1.69 | 7.3% | 6.7% | 7.7% | 9.4% | 19.7% | 15.1% | 11.6% | 9.3% | 29 | 24 | 15 | 16 | |||
| Sumitomo Osaka Cement Co Ltd | JPN | JPY | 2023-12 | 1.58 | 5.2% | 9.3% | 11.3% | 12.1% | 11.1% | -7.5% | -5.8% | -3.5% | 24 | 19 | 48 | 47 | |||
| Lucky Cement Ltd | PAK | PKR | 2023-12 | 1.44 | 7.9% | 11.3% | 4.1% | 5.0% | 18.5% | 36.5% | 46.2% | 31.7% | 16 | 33 | 2 | 2 | |||
| Unacem Corp SAA | PER | PEN | 2022-06 | 1.44 | 19.8% | 23.0% | 23.3% | 26.1% | 41.7% | 11.2% | 9.1% | 7.6% | 3 | 4 | 22 | 24 | |||
| China Tianrui Group Cement Co Ltd | CHN | HKD | 2023-06 | 1.38 | na | -29.9% | na | -27.1% | -20.7% | -7.5% | -2.8% | 4.4% | 49 | 49 | 44 | 37 | |||
| Ningxia Buliding Materials Group Co Ltd | CHN | CNY | 2023-09 | 1.37 | 8.1% | 15.7% | 15.7% | 19.3% | 49.7% | 30.2% | 21.8% | 14.1% | 8 | 8 | 4 | 9 | |||
| JK Cement Ltd | IND | INR | 2023-12 | 1.33 | 20.5% | 21.8% | 21.7% | 20.4% | 21.2% | 20.8% | 18.3% | 14.6% | 4 | 7 | 5 | 8 | |||
| Hanil Cement Co Ltd | KOR | KRW | 2023-09 | 1.31 | 14.1% | 17.3% | 22.3% | 21.5% | 17.0% | 23.6% | 16.3% | na | 6 | 6 | 8 | - | |||
| GCC SAB de CV | MEX | MXN | 2023-09 | 1.28 | 0.1% | 0.5% | 1.3% | 1.1% | 1.1% | 9.1% | 7.0% | 7.8% | 35 | 36 | 28 | 23 | |||
| Adbri Ltd | AUS | AUD | 2023-12 | 1.27 | na | 12.3% | na | 13.1% | 13.1% | 10.7% | 9.7% | 3.3% | 13 | 16 | 21 | 40 | |||
| Nuvoco Vista Corp Ltd | IND | INR | 2023-12 | 1.26 | -7.0% | -0.2% | 1.9% | 1.0% | 13.6% | 18.7% | 14.9% | na | 36 | 37 | 10 | - | |||
| Source: Annual Filings, Company Website | |||||||||||||||||||