JHX
James Hardie Industries plc
JHX lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve.
JHX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Stable |
JHX's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
JHX PE Valuation
JHX has no meaningful PE right now: it lost money over the past year.
JHX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect JHX's earnings to grow and its profitability to improve, with its revenue holding steady.
JHX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.61 | +27% |
| Q2 2026 | $0.25 | -68% |
| Q1 2026 | $0.22 | -78% |
| Q4 2025 | $0.27 | -73% |
| Q3 2025 | $0.48 | -52% |
| Q2 2025 | $0.77 | -34% |
| Q1 2025 | $0.98 | -16% |
| Q4 2024 | $1.01 | -17% |
JHX's earnings per share have fallen from their peak: $0.61 over the past year, against $1.22 in late 2023.
JHX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +11% |
| Q2 2026 | $1.5B | +64% |
| Q1 2026 | $1.4B | +45% |
| Q4 2025 | $1.2B | +30% |
| Q3 2025 | $1.3B | +34% |
| Q2 2025 | $899.9M | -9.3% |
| Q1 2025 | $971.5M | -3.3% |
| Q4 2024 | $953.3M | -2.6% |
JHX's revenue has grown year over year for five quarters in a row: $1.4B last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 18% | +6.5 points |
| Q2 2026 | 15% | -0.6 points |
| Q1 2026 | 12% | +5.5 points |
| Q4 2025 | 15% | -7 points |
| Q3 2025 | 12% | -3.9 points |
| Q2 2025 | 15% | -8.3 points |
| Q1 2025 | 6.4% | -2 points |
| Q4 2024 | 22% | -1.5 points |
JHX's operating margin was 18% last quarter, up 6.5 points from the same quarter a year ago.
JHX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $281.2M | +$328.7M |
| Q2 2026 | $254.2M | +145% |
| Q1 2026 | $53.3M | -5.2% |
| Q4 2025 | $93.5M | -50% |
| Q3 2025 | -$47.5M | -157% |
| Q2 2025 | $103.7M | +88% |
| Q1 2025 | $56.2M | +29% |
| Q4 2024 | $185.3M | -4.9% |
JHX generated $682M in free cash flow over the past year, up 129% from the year before.
JHX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +1.5M shares |
| 1 year | +1.5% | +8.4M shares |
| 3 years | +33% | +145M shares |
| 5 years | +31% | +140M shares |
| Available history | +28% | +130M shares |
JHX has 586M diluted shares, up 1.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2026 | $13.7M |
| Q4 2025 | — |
| Q3 2025 | $6.3M |
| Q2 2025 | — |
| Q1 2025 | $7.3M |
| Q4 2024 | $5.1M |
| Q3 2024 | $74.9M |
| Q2 2024 | $75M |
JHX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.6x | Moderate |
| Q2 2026 | 3.5x | Elevated |
| Q1 2026 | 4.6x | High |
| Q4 2025 | 5.8x | High |
| Q3 2025 | 6.3x | High |
| Q2 2025 | 2.8x | Moderate |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 0.7x | Very low |
JHX's net debt is about 2.6 years of its operating earnings (EBITDA), down from 6.3 years a year ago.
JHX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.8 | Neutral |
| Stochastic | 49.6 | Neutral |
JHX's weekly RSI is 56 (neutral) and its Stochastic is 50 (neutral).
JHX PE vs Basic Materials Sector
| Metric | JHX | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 19x | — |
JHX has no meaningful PE right now: it lost money over the past year.
JHX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $26.4 | 4.6% above |
| 20 week MA | $27.3 | 0.9% above |
| 50 week MA | $24.1 | 14% above |
| 100 week MA | $24.9 | 11% above |
| 200 week MA | $28.0 | 1.4% below |
JHX has bounced recently, but its long-term trend is still down: it's above its 8-, 20-, 50- and 100-week averages, but 1.4% below its 200-week average.
JHX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.0 | $29.3 | +47% |
| 2021 | $29.3 | $40.4 | +38% |
| 2022 | $40.4 | $17.9 | -56% |
| 2023 | $17.9 | $38.7 | +116% |
| 2024 | $38.7 | $31.4 | -19% |
| 2025 | $31.4 | $21.0 | -33% |
| 2026 YTD | $21.0 | $27.6 | +31% |
JHX's yearly returns have swung widely, from +116% in 2023 to −56% in 2022. It's up 31% so far in 2026.