James Hardie Industries (JHX) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

James Hardie Industries

NYSE•Basic Materials•Building Materials

$30.39+0.76(0.03%)Pre-market

Market Cap

$17.76B

P/E

121.9x

P/S

3.3x

P/B

2.7x

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.

How this company scores

AverageMetricSide Score: 56/100

Strongest: Balance Sheet & Red Flags (16/25); weakest: Profitability (11/25).

Profitability11/25

Growth14/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality15/25

Strengths

Growing revenueCash-backed earningsImproving leverageConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 106.0x5y range 16.6x – 106.0x

Currently above its 20-quarter median.

P/S · 2.9x5y range 2.0x – 5.3x

Currently near its 20-quarter median.

P/B · 2.4x5y range 1.5x – 14.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Watch

Operating margins declined 10.2% — watch for continued compression, which may signal competitive or cost pressure.

Share Dilution

Red Flag

Shares outstanding increased 35.2% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $17.76B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $5.41B
Q. Revenue: $1.47B
TTM EBITDA: $1.07B
TTM Op. Income: $720.40M
Q. Op. Income: $217.70M
TTM Net Income: $145.70M
Q. Net Income: $104.30M
EPS: N/A
Shares Out.: $584.30M

$5.41B in TTM revenue grew 42.9% YoY, reaching $1.47B last quarter. TTM EBITDA of $1.07B and TTM operating income of $720.40M show growth is flowing through to the bottom line. TTM net income of $145.70M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 22.1%
Op. Margin: 14.8%
Net Margin: 7.1%

Op. margin of 14.8% is down 0.6% YoY — costs are rising relative to revenue. Net margin at 7.1% Over the past year, operating margin is down 4% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 106.0x
P/S Ratio: 2.9x
P/B Ratio: 2.4x

At 106.0x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 2.9x and P/B of 2.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 203% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $13.49B
Cash: $289.90M
Long-Term Debt: $4.23B
Book Value: $6.54B
D/E Ratio: 0.6
Debt/EBITDA: 13.0

With $13.49B in assets and $4.23B in long-term debt, D/E is 0.6and book value is $6.54B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 4 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

TTM Free Cash Flow: $353.48M
FCF Margin: 6.5%
FCF / Net Income: 2.4

TTM FCF of $353.48M. The FCF / Net Income ratio of 2.4x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 18% — an improving trend.