JHX

MKT CAP:$13B

James Hardie Industries plc

Market Cap

$13B

Basic Materials·Construction Materials·🇮🇪 Ireland·NYSE

Materials·Construction·🇮🇪·NYSE

Stock Price

$21.97+$1.16 (+5.57%)

Apr 24, 2026

Company Details

James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States,...

CEO

Aaron Erter

IPO Date

Oct 22, 2001

Website

www.jameshardie.com.au

Key Metrics TTM

Revenue

$4.4B

+12.6% YoY

Net Income

$119M

EPS (Diluted)

$0.27

Free Cash Flow

$206M

Revenue / Share

$7.55

Gross Margin

35.9%

Operating Margin

12.2%

Net Margin

2.7%

FCF Margin

4.7%

P/S

2.9x

P/E

107.5x

Earnings Reports

Q3 2026

Feb 10, 2026

$1.2B+30.1%EPS $0.12

Q2 2026

Sep 29, 2025

$1.3B+34.5%EPS -$0.10

Q1 2026

Aug 19, 2025

$900M-9.3%EPS $0.15

FY 2025

May 20, 2025

$3.9B-1.5%EPS $0.98

Q4 2025

May 20, 2025

$972M-3.3%EPS $0.10

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 22	$968M	$354M	$82M
Q1 23	$1.0B	$339M	$221M
Q2 23	$998M	$353M	$227M
Q3 23	$861M	$290M	$163M
Q4 23	$918M	$330M	$131M
Q1 24	$954M	$373M	$234M
Q2 24	$999M	$404M	$223M
Q3 24	$978M	$401M	$226M
Q4 24	$1.0B	$411M	$84M
Q1 25	$992M	$397M	$235M
Q2 25	$961M	$373M	$152M
Q3 25	$953M	$362M	$206M
Q4 25	$972M	$373M	$62M
Q1 26	$900M	$337M	$139M
Q2 26	$1.3B	$421M	$154M
Q3 26	$1.2B	$448M	$182M

Valuation

Quarter	P/S	P/E
Q4 22	3.5x	27.9x
Q1 23	3.4x	25.6x
Q2 23	3.3x	24.7x
Q3 23	3.3x	26.5x
Q4 23	3.4x	25.0x
Q1 24	3.4x	25.3x
Q2 24	3.4x	26.1x
Q3 24	3.3x	23.9x
Q4 24	3.3x	25.1x
Q1 25	3.2x	25.2x
Q2 25	3.3x	29.1x
Q3 25	3.3x	29.4x
Q4 25	3.3x	30.2x
Q1 26	3.4x	38.6x
Q2 26	3.1x	66.7x
Q3 26	2.9x	107.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$204M	$121M
Q1 23	$154M	-$21M
Q2 23	$111M	-$25M
Q3 23	$168M	$27M
Q4 23	$176M	$35M
Q1 24	$252M	$127M
Q2 24	$207M	$100M
Q3 24	$290M	$195M
Q4 24	$165M	$44M
Q1 25	$185M	$55M
Q2 25	$179M	$84M
Q3 25	$293M	$185M
Q4 25	$145M	$56M
Q1 26	$207M	$104M
Q2 26	$48M	-$48M
Q3 26	$200M	$93M

Capital Expenditures

Quarter	CapEx
Q4 22	$83M
Q1 23	$174M
Q2 23	$136M
Q3 23	$141M
Q4 23	$141M
Q1 24	$126M
Q2 24	$107M
Q3 24	$96M
Q4 24	$121M
Q1 25	$130M
Q2 25	$95M
Q3 25	$108M
Q4 25	$89M
Q1 26	$103M
Q2 26	$96M
Q3 26	$106M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 22	+20.0%	+33.7%
Q1 23	+18.7%	+18.1%
Q2 23	+10.5%	+12.0%
Q3 23	-4.4%	+0.0%
Q4 23	-5.2%	-11.1%
Q1 24	-4.7%	-7.6%
Q2 24	+0.1%	+0.6%
Q3 24	+13.7%	+7.8%
Q4 24	+9.5%	+17.0%
Q1 25	+3.9%	+5.0%
Q2 25	-3.8%	+4.3%
Q3 25	-2.6%	-0.7%
Q4 25	-3.3%	-1.2%
Q1 26	-9.3%	+0.6%
Q2 26	+34.5%	+40.7%
Q3 26	+30.1%	+41.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	-$4M	-0.4%
Q1 23	$1M	0.1%
Q2 23	$4M	0.4%
Q3 23	$4M	0.4%
Q4 23	$6M	0.7%
Q1 24	$6M	0.6%
Q2 24	$6M	0.6%
Q3 24	$8M	0.8%
Q4 24	$8M	0.8%
Q1 25	$4M	0.4%
Q2 25	$8M	0.8%
Q3 25	$5M	0.6%
Q4 25	$5M	0.5%
Q1 26	$7M	0.8%
Q2 26	$0	0.0%
Q3 26	$0	0.0%

OpEx Breakdown

Quarter	R&D	SG&A
Q4 22	$11M	$119M
Q1 23	$9M	$122M
Q2 23	$11M	$125M
Q3 23	$9M	$115M
Q4 23	$10M	$133M
Q1 24	$11M	$129M
Q2 24	$11M	$153M
Q3 24	$11M	$156M
Q4 24	$15M	$164M
Q1 25	$12M	$150M
Q2 25	$13M	$150M
Q3 25	$12M	$145M
Q4 25	$12M	$152M
Q1 26	$12M	$156M
Q2 26	$16M	$251M
Q3 26	$17M	$250M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$125M	$0	$125M
Q1 23	$137M	$0	$137M
Q2 23	$91M	$0	$91M
Q3 23	$110M	$0	$110M
Q4 23	$113M	$0	$113M
Q1 24	$137M	$0	$137M
Q2 24	$154M	$0	$154M
Q3 24	$434M	$0	$434M
Q4 24	$365M	$0	$365M
Q1 25	$360M	$0	$360M
Q2 25	$368M	$0	$368M
Q3 25	$539M	$0	$539M
Q4 25	$563M	$0	$563M
Q1 26	$392M	$0	$392M
Q2 26	$587M	$185M	$772M
Q3 26	$375M	$187M	$562M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 22	446M	-0.1%	+0.1%
Q1 23	446M	0.0%	+0.0%
Q2 23	446M	+0.0%	+0.0%
Q3 23	446M	-0.0%	-0.1%
Q4 23	442M	-0.9%	-0.9%
Q1 24	443M	+0.2%	-0.7%
Q2 24	441M	-0.5%	-1.2%
Q3 24	438M	-0.6%	-1.7%
Q4 24	440M	+0.3%	-0.6%
Q1 25	435M	-1.2%	-1.9%
Q2 25	432M	-0.5%	-1.9%
Q3 25	431M	-0.3%	-1.7%
Q4 25	431M	-0.1%	-2.0%
Q1 26	431M	+0.1%	-0.8%
Q2 26	577M	+33.9%	+33.6%
Q3 26	583M	+1.0%	+35.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 22	$186.3K	5K
Q1 23	$192.6K	5K
Q2 23	$192.0K	5K
Q3 23	$165.7K	5K
Q4 23	$167.7K	5K
Q1 24	$174.4K	5K
Q2 24	$182.5K	5K
Q3 24	$178.8K	5K
Q4 24	$177.0K	6K
Q1 25	$174.7K	6K
Q2 25	$169.2K	6K
Q3 25	$167.9K	6K
Q4 25	$165.8K	6K
Q1 26	$153.6K	6K
Q2 26	$220.5K	6K
Q3 26	$211.6K	6K

Revenue / Employee