James Hardie Stock Price, News & Analysis

James Hardie (JHX) reported Q3 FY25 results with net sales of $953 million, down 3% year-over-year. The company achieved GAAP operating income of $206 million with a 21.6% operating margin, and Adjusted EBITDA of $262 million with a 27.5% margin.

In North America, net sales decreased 1% with volumes declining 3%, primarily due to weakness in multi-family housing. The segment maintained strong EBIT margin of 29.1%. Asia Pacific saw a 13% decrease in net sales (in AUD), while Europe Building Products experienced a 1% decline in net sales (in Euros).

The company reaffirmed its FY25 guidance, including North America volumes of at least 2.95 billion standard feet and EBIT margin of at least 29.3%. For FY26, management is planning for sales growth and Adjusted EBITDA margin expansion across all segments.

James Hardie Building Products, North America's largest home siding company, has secured a six-year agreement with David Weekley Homes, one of the nation's largest privately held home builders. This partnership follows James Hardie's recognition as David Weekley Homes' National Preferred Partner for the 16th time in 18 years.

The agreement strengthens the collaboration between both companies in creating value and efficiencies for builders and homeowners. James Hardie, known for its Hardie® fiber cement siding and trim products, offers durable, affordable, and climate-resilient building solutions. Their products are noncombustible and provide protection against severe weather conditions.

David Weekley Homes, founded in 1976, operates in 19 markets across the United States and has completed more than 125,000 homes since inception.

James Hardie Building Products (NYSE: JHX) has secured a three-year exclusive agreement with M/I Homes, making Hardie® siding and trim products the standard feature on all new M/I Homes residences where hard siding is installed. This agreement strengthens their decade-long relationship and positions M/I Homes to offer enhanced protection and durability to customers.

Hardie® products are noncombustible, pest-resistant, water-resistant, and designed to withstand extreme weather conditions. The products come in a wide range of colors across multiple collections, offering versatile design options. This exclusive product agreement aims to deliver high-quality, climate-resilient homes nationwide.

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.