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JHX · NYSE · United States · Concrete Products, Except Block & Brick
In shortJames Hardie Industries plc is profitable, generates cash and carries moderate debt, with revenue growing (+24.7% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 9.3% | 48/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 2.2% | 29/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 2.4% | 12/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 2.1% | 14/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.58× | 65/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.71× | 72/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 4.53× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.94× | 4/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.91 | 21/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.3% | 37/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.98× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 12.3% | 65/100 |
| Operating margin volatility | 4.4% | 69/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 8.6% | 64/100 |
|---|---|---|
| EPS growth, 3-year average | -45.1% | 0/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3,615 | 3,777 | 3,936 | 3,878 | 4,836 |
| Cost of revenue | 2,301 | 2,465 | 2,348 | 2,373 | 3,106 |
| Gross profit | 1,314 | 1,312 | 1,588 | 1,505 | 1,730 |
| Research & development | 38 | 40 | 47 | 49 | 61 |
| Selling, general & admin | 461 | 494 | 602 | 596 | 946 |
| Operating income | 683 | 741 | 767 | 656 | 448 |
| Interest expense | 39 | 31 | 15 | 10 | 231 |
| Pre-tax income | 643 | 724 | 755 | 645 | 207 |
| Income tax | 184 | 212 | 245 | 221 | 103 |
| Net income | 459 | 512 | 510 | 424 | 104 |
| Diluted EPS | $1.03 | $1.15 | $1.16 | $0.98 | $0.19 |
| Diluted shares (millions) | 446 | 446 | 440 | 432 | 546 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 2 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 2 quarters of James Hardie Industries plc are included in the Investor plan. Try free for 7 days →
1.91 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
3/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026