James Hardie Industries plcJHX
NYSE•Basic Materials•Building Materials
James Hardie Industries plc engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand. It operates through four segments: Siding & Trim, Deck, Rail & Accessories, Australia & New Zealand, and Europe. The Siding & Trim segment manufactures fiber cement and PVC siding and trim products, mouldings, interior linings, and accessories under brands such as Hardie, AZEK Exteriors, and Versatex are used in both residential new construction and repair and remodel applications. The Deck, Rail & Accessories segment produces decking, railing, cladding, pergolas, cabanas, and related accessories, including wood-alternative decking and railing solutions offered under the TimberTech, ULTRALOX, and INTEX brands, as well as functional and decorative outdoor accessories, including drink rails, structural mounting posts, lighting systems and gate kits; and adjustable louvered pergola systems through StruXure. The Australia & New Zealand segment manufactures and sells fiber cement products for residential and commercial applications, including exterior cladding, interior wall linings, flooring, eaves and soffits, and façade systems, primarily under the Hardie brand. The Europe segment produces fiber gypsum products and cement-bonded boards under the fermacell brand, and fiber cement products under the Hardie brand, serving residential and commercial repair, remodel, and new construction markets. The company offers its products through a network of specialty building products distributors, lumberyards, and home improvement retailers to builder's merchants, remodelers, DIY stores, and professional contractors. James Hardie Industries plc was founded in 1888 and is headquartered in Dublin, Ireland.
James Hardie Industries plc. (JHX) reported trailing twelve months revenue of $12.65B as of March 2026, a Infinity% increase year-over-year. Quarterly revenue reached $4.84B, reflecting continued top-line momentum.
James Hardie Industries plc. generated $1.05B in TTM net income, with quarterly EBITDA of $0. The operating margin stands at 14.9%.
The spread between operating margin (14.9%) and net margin (2.6%) indicates moderate non-operating costs. Net margin has improved from 0.0% a year ago, signaling stronger bottom-line efficiency.
JHX trades at a P/S of N/A.
The company generated $0 in free cash flow over the trailing twelve months, indicating cash generation ability. The balance sheet shows $13.71B in total assets with $4.49B in long-term debt against $2.11B in stockholders equity for a debt-to-equity ratio of 2.1, a relatively leveraged position. Data based on the most recent quarterly reports.
Competitive analysis based on 7 quarters of fundamental data
Operating margins are under pressure, averaging 8.7%. The business may lack pricing power or face rising costs.'
Consistently high ROE averaging 42.1% suggests a durable competitive advantage and efficient capital allocation.
Only 0 of the last 7 quarters had positive FCF — the business may require external capital to sustain operations.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
Data-driven red flags and warnings across 7 quarters
Margins are stable or improving at ~15.2% — no sign of cost or pricing stress.
FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.
D/E ratio of 2.1 is elevated and rising. Monitor for further debt accumulation.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 100.0% — net buybacks are reducing shares outstanding and boosting per-share value.