A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2027, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the JHX SEC filings page.
James Hardie Industries plc (JHX) reported $4.8B in revenue for fiscal year 2026, up 24.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2026 added scale, but debt, goodwill, and amortization absorbed much of the operating benefit from higher revenue.
Revenue grew to$4.8B , but operating margin fell to9.3% . EBITDA increased to$941M while operating income fell to$448M , linking weaker reported profit to the much larger depreciation-and-amortization charge.
Long-term debt reached
Operating cash flow was
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of James Hardie Industries plc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
James Hardie Industries plc has an operating margin of 9.3%, meaning the company retains $9 of operating profit per $100 of revenue. This strong profitability earns a score of 75/100, reflecting efficient cost management and pricing power. This is down from 16.9% the prior year.
James Hardie Industries plc's revenue surged 24.7% year-over-year to $4.8B, reflecting rapid business expansion. This strong growth earns a score of 67/100.
James Hardie Industries plc has elevated debt relative to equity (D/E of 0.70), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 13/100, reflecting increased financial risk.
James Hardie Industries plc's current ratio of 1.58 indicates adequate short-term liquidity, earning a score of 45/100. The company can meet its near-term obligations, though with limited headroom.
James Hardie Industries plc has a free cash flow margin of 4.3%, earning a moderate score of 56/100. The company generates positive cash flow after capital investments, but with room for improvement.
James Hardie Industries plc earns a strong 1.6% return on equity (ROE), meaning it generates $2 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 65/100. This is down from 19.6% the prior year.
James Hardie Industries plc scores 1.91, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($14.6B) relative to total liabilities ($7.3B). This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
James Hardie Industries plc passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, James Hardie Industries plc generates $5.67 in operating cash flow ($589.8M OCF vs $104.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
James Hardie Industries plc earns $1.94 in operating income for every $1 of interest expense ($447.6M vs $231.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
James Hardie Industries plc generated $1.5B in revenue in Q1 2027. This represents an increase of 63.9% from the same quarter a year earlier.
James Hardie Industries plc's EBITDA was $386.5M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 98.1% from the same quarter a year earlier.
James Hardie Industries plc reported $104.3M in net income in Q1 2027. This represents an increase of 66.6% from the same quarter a year earlier.
James Hardie Industries plc earned $0.18 per diluted share (EPS) in Q1 2027. This represents an increase of 20.0% from the same quarter a year earlier.
Cash & Balance Sheet
James Hardie Industries plc generated $254.2M in free cash flow in Q1 2027, representing cash available after capex. This represents an increase of 145.1% from the same quarter a year earlier.
James Hardie Industries plc held $289.9M in cash against $4.2B in long-term debt as of Q1 2027.
Not reported for Q1 2027.
Margins & Returns
James Hardie Industries plc's gross margin was 37.2% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the same quarter a year earlier.
James Hardie Industries plc's operating margin was 14.8% in Q1 2027, reflecting core business profitability. This is down 0.6 percentage points from the same quarter a year earlier.
James Hardie Industries plc's net profit margin was 7.1% in Q1 2027, showing the share of revenue converted to profit. This is up 0.1 percentage points from the same quarter a year earlier.
James Hardie Industries plc's ROE was 1.6% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is down 1.2 percentage points from the same quarter a year earlier.
Capital Allocation
James Hardie Industries plc invested $15.4M in research and development in Q1 2027. This represents an increase of 27.3% from the same quarter a year earlier.
James Hardie Industries plc invested $89.8M in capex in Q1 2027, funding long-term assets and infrastructure. This represents a decrease of 13.0% from the same quarter a year earlier.
Not reported for Q1 2027.
JHX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q1'2610-Q | Q4'2510-K | Q4'2410-K | Q4'2310-K | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5B+63.9% | N/A | $899.9M | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | $925.9M+64.5% | N/A | $563.0M | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $548.7M+62.9% | N/A | $336.9M | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $15.4M+27.3% | N/A | $12.1M | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $295.4M+89.2% | N/A | $156.1M | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $217.7M+57.1% | N/A | $138.6M | N/A | N/A | N/A | N/A | N/A |
| EBITDA | $386.5M+98.1% | N/A | $195.1M | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $61.5M+62.7% | N/A | $37.8M | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $53.0M+95.6% | N/A | $27.1M | N/A | N/A | N/A | N/A | N/A |
| Net Income | $104.3M+66.6% | N/A | $62.6M | N/A | N/A | N/A | N/A | N/A |
| EPS (Basic) | $0.18+20.0% | N/A | $0.15 | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | $0.18+20.0% | N/A | $0.15 | N/A | N/A | N/A | N/A | N/A |
| Diluted Shares (Avg) | 584M+35.5% | N/A | 431M | N/A | N/A | N/A | N/A | N/A |
JHX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q1'2610-Q | Q4'2510-K | Q4'2410-K | Q4'2310-K | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $13.5B | $13.7B+161.7% | N/A | $5.2B+6.5% | $4.9B+9.7% | $4.5B+5.6% | $4.2B+3.8% | $4.1B+1.5% |
| Current Assets | $1.8B | $1.8B+7.3% | N/A | $1.7B+19.1% | $1.4B+32.9% | $1.1B-4.4% | $1.1B+19.1% | $943.6M+3.9% |
| Cash & Equivalents | $289.9M-86.3% | $269.2M-52.2% | $2.1B | $562.7M+54.2% | $365.0M+223.0% | $113.0M-9.6% | $125.0M-40.0% | $208.5M+44.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $612.1M | $635.7M+83.1% | N/A | $347.1M+2.8% | $337.8M-1.9% | $344.2M+23.1% | $279.7M+28.1% | $218.3M-28.4% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $4.8B | $4.8B+2367.9% | N/A | $193.7M+0.6% | $192.6M-1.2% | $194.9M-2.3% | $199.5M-4.7% | $209.3M+6.3% |
| Total Liabilities | $7.0B | $7.3B+136.7% | N/A | $3.1B+0.5% | $3.1B+6.5% | $2.9B-1.5% | $2.9B-3.9% | $3.0B+1.2% |
| Current Liabilities | $1.1B | $1.2B+42.9% | N/A | $810.2M+1.6% | $797.7M+14.4% | $697.3M-9.4% | $769.9M-14.6% | $901.1M+76.7% |
| Non-Current Liabilities | $5.8B | $6.1B+170.4% | N/A | $2.3B+0.1% | $2.3B+3.9% | $2.2B+1.4% | $2.1B+0.6% | $2.1B-14.3% |
| Long-Term Debt | $4.2B | $4.5B+304.6% | N/A | $1.1B-0.4% | $1.1B+5.3% | $1.1B+20.7% | $877.3M+2.2% | $858.6M-36.6% |
| Total Equity | $6.5B+189.9% | $6.4B+197.3% | $2.3B | $2.2B+16.3% | $1.9B+15.4% | $1.6B+20.9% | $1.3B+25.7% | $1.1B+2.5% |
| Retained Earnings | $1.9B | $1.8B+6.0% | N/A | $1.7B+19.3% | $1.4B+20.8% | $1.2B+34.1% | $892.4M+46.0% | $611.4M-7.3% |
Not reported in any period shown, so not listed: Accounts Receivable.
JHX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q1'2610-Q | Q4'2510-K | Q4'2410-K | Q4'2310-K | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $344.0M+66.3% | N/A | $206.9M | N/A | N/A | N/A | N/A | N/A |
| Depreciation & Amortization | $168.8M+198.8% | N/A | $56.5M | N/A | N/A | N/A | N/A | N/A |
| Stock-Based Compensation | $12.0M+73.9% | N/A | $6.9M | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | $89.8M-13.0% | N/A | $103.2M | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $254.2M+145.1% | N/A | $103.7M | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$103.6M+1.6% | N/A | -$105.3M | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | -$261.4M-118.6% | N/A | $1.4B | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
JHX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q1'2610-Q | Q4'2510-K | Q4'2410-K | Q4'2310-K | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.2%-0.2pp | N/A | 37.4% | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 14.8%-0.6pp | N/A | 15.4% | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 7.1%+0.1pp | N/A | 7.0% | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | 1.6%-1.2pp | N/A | 2.8% | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 0.8% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 1.59 | 1.58-0.5x | N/A | 2.10+0.3x | 1.79+0.2x | 1.54+0.1x | 1.46+0.4x | 1.05-0.7x |
| Debt-to-Equity | 0.65 | 0.70+0.2x | N/A | 0.51-0.1x | 0.60-0.1x | 0.660.0x | 0.66-0.2x | 0.81-0.5x |
| Asset Turnover | 0.11 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF Margin | 17.2%+5.7pp | N/A | 11.5% | N/A | N/A | N/A | N/A | N/A |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| James Hardie Industries plc JHX | FY2026 | $4.8B | $104.0M | 2.1% | $14.6B | 54/100 |
| Cemex S.A.B. de C.V. CX | FY2025 | $16.1B | $970.0M | 6.0% | $13.8B | 28/100 |
| Vulcan Materials Company(Holding Company) VMC | FY2025 | $7.9B | $1.1B | 13.6% | $31.9B | 62/100 |
| Martin Marietta Materials MLM | FY2025 | $6.2B | $1.1B | 18.5% | $34.2B | 64/100 |
| Eagle Materials, Inc. EXP | FY2026 | $2.3B | $423.8M | 18.4% | $5.1B | 71/100 |
| CRH Public Limited Company CRH | FY2025 | $37.4B | $3.8B | 10.0% | $54.5B | 58/100 |
Where James Hardie Industries plc Ranks
Frequently Asked Questions
What is James Hardie Industries plc's annual revenue?
James Hardie Industries plc (JHX) reported $4.8B in total revenue for fiscal year 2026. This represents a 24.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is James Hardie Industries plc's revenue growing?
James Hardie Industries plc (JHX) revenue grew by 24.7% year-over-year, from $3.9B to $4.8B in fiscal year 2026.
Is James Hardie Industries plc profitable?
Yes, James Hardie Industries plc (JHX) reported a net income of $104.0M in fiscal year 2026, with a net profit margin of 2.1%.
What is James Hardie Industries plc's EBITDA?
James Hardie Industries plc (JHX) had EBITDA of $941.1M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does James Hardie Industries plc have?
As of fiscal year 2026, James Hardie Industries plc (JHX) had $269.2M in cash and equivalents against $4.5B in long-term debt.
What is James Hardie Industries plc's gross margin?
James Hardie Industries plc (JHX) had a gross margin of 35.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is James Hardie Industries plc's operating margin?
James Hardie Industries plc (JHX) had an operating margin of 9.3% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is James Hardie Industries plc's net profit margin?
James Hardie Industries plc (JHX) had a net profit margin of 2.1% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is James Hardie Industries plc's return on equity (ROE)?
James Hardie Industries plc (JHX) has a return on equity of 1.6% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is James Hardie Industries plc's free cash flow?
James Hardie Industries plc (JHX) generated $205.9M in free cash flow during fiscal year 2026. This represents a -45.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is James Hardie Industries plc's operating cash flow?
James Hardie Industries plc (JHX) generated $589.8M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are James Hardie Industries plc's total assets?
James Hardie Industries plc (JHX) had $13.7B in total assets as of fiscal year 2026, including both current and long-term assets.
What are James Hardie Industries plc's capital expenditures?
James Hardie Industries plc (JHX) invested $383.9M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does James Hardie Industries plc spend on research and development?
James Hardie Industries plc (JHX) invested $60.7M in research and development during fiscal year 2026.
What is James Hardie Industries plc's current ratio?
James Hardie Industries plc (JHX) had a current ratio of 1.58 as of fiscal year 2026, which is generally considered healthy.
What is James Hardie Industries plc's debt-to-equity ratio?
James Hardie Industries plc (JHX) had a debt-to-equity ratio of 0.70 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is James Hardie Industries plc's return on assets (ROA)?
James Hardie Industries plc (JHX) had a return on assets of 0.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is James Hardie Industries plc's P/E ratio?
James Hardie Industries plc (JHX) trades at 140x earnings, its market capitalization divided by net income of $104.0M net income, FY2026. The market capitalization is $14.6B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is James Hardie Industries plc's price-to-sales ratio?
James Hardie Industries plc (JHX) trades at 3.0x sales, its market capitalization divided by revenue of $4.8B revenue, FY2026. The market capitalization is $14.6B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is James Hardie Industries plc's Altman Z-Score?
James Hardie Industries plc (JHX) has an Altman Z-Score of 1.91, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is James Hardie Industries plc's Piotroski F-Score?
James Hardie Industries plc (JHX) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are James Hardie Industries plc's earnings high quality?
James Hardie Industries plc (JHX) has an earnings quality ratio of 5.67x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can James Hardie Industries plc cover its interest payments?
James Hardie Industries plc (JHX) has an interest coverage ratio of 1.94x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is James Hardie Industries plc?
James Hardie Industries plc (JHX) scores 54 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.