James Hardie Stock Price, News & Analysis

James Hardie Building Products, North America's leading siding brand, will showcase its expanded product portfolio at the NAHB International Builders' Show in Las Vegas from February 25-27, 2025. The company will present its innovations at a 5,600-square-foot booth featuring three model homes demonstrating climate-specific durability features.

Key highlights include the introduction of Hardie® Artisan® Trim and Hardie® Architectural Panel, both launching mid-2025 across North America. The company will also display its 2025 Color of the Year – Evening Blue, alongside demonstrations of their climate-engineered, non-combustible siding products that resist extreme weather conditions.

The presentation will focus on three main aspects: durability through climate-specific engineering, sustainability through resilient building solutions, and design innovation through expanded color and texture options.

James Hardie Building Products (NYSE: JHX) has launched the James Hardie™ ALLIANCE, a revamped program designed to support residential contractors. The program offers members exclusive access to business-building resources, including training, homeowner referrals, and marketing support through a redesigned digital portal.

Members can access personalized accounts, training courses, marketing resources, and exclusive discounts on tools and services. Top-tier contractors receive additional benefits including tier logos, direct homeowner referrals, advanced marketing support, and listings in the contractor locator. The program aims to connect homeowners with trusted contractors while supporting contractors' business growth.

James Hardie maintains its position as the #1 producer of fiber cement building solutions in the United States, with over 3,700 employees in North America.

James Hardie Building Products, North America's leading fiber cement home siding company, has announced Evening Blue as its 2025 Color of the Year for exterior siding. The color, part of their Statement Collection®, was chosen for its calming qualities and timeless appeal.

The Evening Blue color is available across various Hardie® products, including Plank Lap Siding, Shingle Siding, Panel Vertical Siding, and Trim and Batten Boards. All products feature ColorPlus® Technology finishes, which come with a 15-year warranty covering paint and labor against peeling, cracking, and chipping. The siding products also include a 30-year non-prorated substrate warranty.

The company's fiber cement siding is Engineered for Climate®, resistant to pests, noncombustible, and designed for durability in various weather conditions.

James Hardie Building Products has partnered with the Pro Football Hall of Fame and PGA TOUR Champions for a community initiative in South Florida. The company is sponsoring the construction of a Habitat for Humanity home, built with assistance from Seminole Ridge High School students. The project launches ahead of the inaugural James Hardie Pro Football Hall of Fame Invitational, a PGA TOUR Champions event scheduled for March 31 - April 6, 2025, in Boca Raton. The 1,395 square-foot home will feature Hardie siding and trim, with Pro Football Hall of Famer Zach Thomas and PGA TOUR Champions player Brett Quigley participating in the construction alongside students.

James Hardie Industries plc (ASX: JHX; NYSE: JHX) has released its annual sustainability report for fiscal year 2024, highlighting progress in its ESG strategy. The report, 'Building a Culture of Sustainability,' focuses on four pillars: Zero Harm, Planet, Innovation, and Communities.

Key achievements include:

• Integration of sustainability strategies into the Hardie™ Manufacturing Operating System (HMOS)
• Significant investment in safety infrastructure projects
• Recognition of Hardie® Artisan Lap Siding as a 2024 Sustainable Product of the Year
• Increase in women in management from 19% to 23%
• Completion of global tier one supplier risk mapping
• $1.66 billion contribution in economic value to communities

The company aims to lead the building products industry in creating future-ready homes, focusing on product durability and resilience to extreme weather conditions.

James Hardie Industries plc (ASX / NYSE: JHX) reported solid Q1 FY25 results, achieving guidance with Adjusted Net Income of $178 million and record Q1 Adjusted EBITDA of $286 million. Key highlights include:

- Net Sales up 4% to $992 million
- Adjusted EBIT up 1% to $236 million
- Adjusted EBITDA margin of 28.8%
- North America Net Sales growth of 5%

The company reaffirmed its FY25 guidance, projecting North American volumes of 2.95-3.15 billion standard feet, North American EBIT margin of 29-31%, and Adjusted Net Income of $630-700 million. James Hardie maintains a strong financial position with nearly $1 billion in total liquidity and a leverage ratio of 0.66x.

James Hardie Building Products Inc. (NYSE: JHX) has announced a multi-year exclusive agreement with Meritage Homes (NYSE: MTH), the fifth-largest public homebuilder in the U.S. This deal makes Hardie® siding and trim products standard on every new Meritage home where hard siding is installed across the U.S. through 2027.

The collaboration aims to provide Meritage homebuyers with durable, non-combustible, and pest-resistant siding that offers protection against extreme weather. James Hardie's products also provide a wide range of design options. This partnership aligns with Meritage's mission to build innovative and sustainable homes, leveraging James Hardie's manufacturing footprint and Meritage's national coverage.

James Hardie presented its Investor Day 2024 materials, revealing a strategic vision to reach ~25 million homes with its siding by 2035, doubling its market presence. The company aims for double-digit revenue growth by expanding capacity to ~8 billion standard feet and adding new machines at the Prattville and Cleburne facilities.

The Board approved a US$50 million increase in its share buyback program, totaling US$300 million. North American EBITDA margins are expected to expand by 500bps+, and adjusted EBITDA is projected to triple from the FY24 baseline.

CEO Aaron Erter and CFO Rachel Wilson emphasized the company's commitment to profitable growth and attractive shareholder returns.

James Hardie Industries (ASX: JHX; NYSE: JHX) announced record financial results for the fiscal year ending March 31, 2024. The company achieved net sales of US$3.9 billion, a 4% increase from the previous year, and adjusted net income of US$707.5 million, up 17%. In the fourth quarter, net sales reached US$1.004 billion, a 9% rise, with adjusted net income of US$174.2 million. The North America Fiber Cement segment saw a 13% increase in net sales, while the Asia Pacific segment reported a 5% rise. The Europe Building Products segment maintained flat net sales but saw a 53% increase in EBIT. James Hardie projects a strong performance for fiscal year 2025, with North American volumes expected to range between 2,950 million to 3,150 million standard feet, and an EBIT margin between 29% to 31%.