Stocks · Materials · Concrete Products, Except Block & Brick

James Hardie Industries plc

JHX Clue Score34
Fiscal year ends March CIK 0001159152
$25.12 -0.12% Close, 9 Oct 2026
Price $25.12 −28.58% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue1.92Operating income0.39Net income0.28EPS, diluted0.62Fiscal year 2018Revenue2.05 +6.9%Operating income0.23Net income0.15 −47.2%EPS, diluted0.33 −46.8%Fiscal year 2019Revenue2.51 +22.0%Operating income0.35Net income0.23 +56.6%EPS, diluted0.52 +57.6%Fiscal year 2020Revenue2.61 +4.0%Operating income0.34Net income0.24 +5.6%EPS, diluted0.54 +3.8%Fiscal year 2021Revenue2.91 +11.6%Operating income0.47Net income0.26 +8.8%EPS, diluted0.59 +9.3%Fiscal year 2022Revenue3.61 +24.3%Operating income0.68Net income0.46 +74.7%EPS, diluted1.03 +74.6%Fiscal year 2023Revenue3.78 +4.5%Operating income0.74Net income0.51 +11.5%EPS, diluted1.15 +11.7%Fiscal year 2024Revenue3.94 +4.2%Operating income0.77Net income0.51 −0.4%EPS, diluted1.16 +0.9%Fiscal year 2025Revenue3.88 −1.5%Operating income0.66Net income0.42 −16.9%EPS, diluted0.98 −15.5%Fiscal year 2026Revenue4.84 +24.7%Operating income0.45Net income0.10 −75.5%EPS, diluted0.19 −80.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 1.92 2.05 2.51 2.61 2.91 3.61 3.78 3.94 3.88 4.84
Growth +6.9% +22.0% +4.0% +11.6% +24.3% +4.5% +4.2% −1.5% +24.7%
Operating income 0.39 0.23 0.35 0.34 0.47 0.68 0.74 0.77 0.66 0.45
Net income 0.28 0.15 0.23 0.24 0.26 0.46 0.51 0.51 0.42 0.10
Growth −47.2% +56.6% +5.6% +8.8% +74.7% +11.5% −0.4% −16.9% −75.5%
EPS, diluted 0.62 0.33 0.52 0.54 0.59 1.03 1.15 1.16 0.98 0.19
Growth −46.8% +57.6% +3.8% +9.3% +74.6% +11.7% +0.9% −15.5% −80.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin35.1%Operating margin20.5%Net margin14.4%Free cash flow margin14.6%Fiscal year 2018Gross margin35.5%Operating margin11.2%Net margin7.1%Free cash flow margin4.8%Fiscal year 2019Gross margin33.2%Operating margin14.0%Net margin9.1%Free cash flow margin−0.5%Fiscal year 2020Gross margin35.8%Operating margin13.1%Net margin9.3%Free cash flow margin9.9%Fiscal year 2021Gross margin36.2%Operating margin16.3%Net margin9.0%Free cash flow margin23.2%Fiscal year 2022Gross margin36.3%Operating margin18.9%Net margin12.7%Free cash flow margin13.8%Fiscal year 2023Gross margin34.7%Operating margin19.6%Net margin13.6%Free cash flow margin0.4%Fiscal year 2024Gross margin40.4%Operating margin19.5%Net margin13.0%Free cash flow margin11.8%Fiscal year 2025Gross margin38.8%Operating margin16.9%Net margin10.9%Free cash flow margin9.8%Fiscal year 2026Gross margin35.8%Operating margin9.3%Net margin2.2%Free cash flow margin4.3%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 35.1% 35.5% 33.2% 35.8% 36.2% 36.3% 34.7% 40.4% 38.8% 35.8%
Operating margin 20.5% 11.2% 14.0% 13.1% 16.3% 18.9% 19.6% 19.5% 16.9% 9.3%
Net margin 14.4% 7.1% 9.1% 9.3% 9.0% 12.7% 13.6% 13.0% 10.9% 2.2%
Free cash flow margin 14.6% 4.8% −0.5% 9.9% 23.2% 13.8% 0.4% 11.8% 9.8% 4.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow0.38Capital expenditure−0.10Free cash flow0.28Buybacks−0.10Dividends paid−0.18Fiscal year 2018Operating cash flow0.31Capital expenditure−0.21Free cash flow0.10 −65.0%Buybacks0.00Dividends paid−0.18Fiscal year 2019Operating cash flow0.30Capital expenditure−0.32Free cash flow−0.01 −113.7%Buybacks0.00Dividends paid−0.17Fiscal year 2020Operating cash flow0.45Capital expenditure−0.19Free cash flow0.26Dividends paid−0.16Fiscal year 2021Operating cash flow0.79Capital expenditure−0.11Free cash flow0.68 +162.7%Buybacks0.00Dividends paid0.00Fiscal year 2022Operating cash flow0.76Capital expenditure−0.26Free cash flow0.50 −26.1%Buybacks0.00Dividends paid−0.48Fiscal year 2023Operating cash flow0.61Capital expenditure−0.59Free cash flow0.02 −96.7%Buybacks−0.08Dividends paid−0.13Fiscal year 2024Operating cash flow0.91Capital expenditure−0.45Free cash flow0.46 +2,752.1%Buybacks−0.27Dividends paid0.00Fiscal year 2025Operating cash flow0.80Capital expenditure−0.42Free cash flow0.38 −18.1%Buybacks−0.15Dividends paid0.00Fiscal year 2026Operating cash flow0.59Capital expenditure−0.38Free cash flow0.21 −45.9%Buybacks0.00
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 0.38 0.31 0.30 0.45 0.79 0.76 0.61 0.91 0.80 0.59
Capital expenditure −0.10 −0.21 −0.32 −0.19 −0.11 −0.26 −0.59 −0.45 −0.42 −0.38
Free cash flow 0.28 0.10 −0.01 0.26 0.68 0.50 0.02 0.46 0.38 0.21
Growth −65.0% −113.7% +162.7% −26.1% −96.7% +2,752.1% −18.1% −45.9%
Buybacks −0.10 0.00 0.00 n/a 0.00 0.00 −0.08 −0.27 −0.15 0.00
Dividends paid −0.18 −0.18 −0.17 −0.16 0.00 −0.48 −0.13 0.00 0.00 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.08Total debt0.56Net cash (debt)−0.49Shareholders’ equity−0.21Fiscal year 2018Cash0.28Total debt0.88Net cash (debt)−0.60Shareholders’ equity−0.22Fiscal year 2019Cash0.08Total debt1.38Net cash (debt)−1.30Shareholders’ equity0.97Debt to equity1.42Fiscal year 2020Cash0.14Total debt1.35Net cash (debt)−1.21Shareholders’ equity1.04Debt to equity1.31Fiscal year 2021Cash0.21Total debt0.86Net cash (debt)−0.65Shareholders’ equity1.06Debt to equity0.81Fiscal year 2022Cash0.13Total debt0.88Net cash (debt)−0.75Shareholders’ equity1.33Debt to equity0.66Fiscal year 2023Cash0.11Total debt1.06Net cash (debt)−0.95Shareholders’ equity1.61Debt to equity0.66Fiscal year 2024Cash0.37Total debt1.12Net cash (debt)−0.76Shareholders’ equity1.86Debt to equity0.60Fiscal year 2025Cash0.56Total debt1.12Net cash (debt)−0.56Shareholders’ equity2.16Debt to equity0.52Fiscal year 2026Cash0.27Total debt4.54Net cash (debt)−4.27Shareholders’ equity6.43Debt to equity0.71
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 0.08 0.28 0.08 0.14 0.21 0.13 0.11 0.37 0.56 0.27
Total debt 0.56 0.88 1.38 1.35 0.86 0.88 1.06 1.12 1.12 4.54
Net cash (debt) −0.49 −0.60 −1.30 −1.21 −0.65 −0.75 −0.95 −0.76 −0.56 −4.27
Shareholders’ equity −0.21 −0.22 0.97 1.04 1.06 1.33 1.61 1.86 2.16 6.43
Debt to equity n/a n/a 1.42 1.31 0.81 0.66 0.66 0.60 0.52 0.71

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Mar 2017 FY2018 31 Mar 2018 FY2019 31 Mar 2019 FY2020 31 Mar 2020 FY2021 31 Mar 2021 FY2022 31 Mar 2022 FY2023 31 Mar 2023 FY2024 31 Mar 2024 FY2025 31 Mar 2025 FY2026 31 Mar 2026
Margins
35.1% 35.5% 33.2% 35.8% 36.2% 36.3% 34.7% 40.4% 38.8% 35.8%
20.5% 11.2% 14.0% 13.1% 16.3% 18.9% 19.6% 19.5% 16.9% 9.3%
19.1% 8.5% 12.0% 11.0% 14.2% 17.8% 19.2% 19.2% 16.6% 4.3%
14.4% 7.1% 9.1% 9.3% 9.0% 12.7% 13.6% 13.0% 10.9% 2.2%
14.6% 4.8% −0.5% 9.9% 23.2% 13.8% 0.4% 11.8% 9.8% 4.3%
Spending
1.6% 1.6% 1.5% 1.3% 1.2% 1.1% 1.0% 1.2% 1.3% 1.3%
15.2% 15.2% 16.1% 16.0% 13.4% 12.8% 13.1% 15.3% 15.4% 19.6%
5.3% 10.2% 12.7% 7.4% 3.8% 7.1% 15.7% 11.4% 10.9% 7.9%
24.7% 16.2% 23.9% 16.1% 36.2% 28.6% 29.2% 32.4% 34.3% 49.7%
Returns
n/a n/a 23.5% 23.3% 24.8% 34.4% 31.8% 27.4% 19.6% 1.6%
13.7% 6.2% 5.7% 6.0% 6.4% 10.8% 11.4% 10.4% 8.1% 0.8%
Balance and payout
n/a n/a 1.42 1.31 0.81 0.66 0.66 0.60 0.52 0.71
110.5% 109.4% 75.8% 74.3% 74.1% 68.6% 64.0% 62.2% 58.7% 53.1%
63.9% 121.5% 75.2% 65.7% 0.0% 105.4% 25.3% 0.0% 0.0% n/a
98.6% 180.6% n/a 61.6% 0.0% 96.9% 1,276.1% 58.4% 39.4% 0.0%