James Hardie Industries plc (JHX) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does James Hardie Industries plc Do?
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, Australia, Europe, New Zealand, the Philippines, and Canada. The company operates through three segments: North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products. It offers fiber cement interior linings, exterior siding products, and related accessories; and fiber cement building materials for a range of applications, including external siding, internal walls, floors, ceilings, soffits, trim, decking, and facades. The company also provides planks and flat panels; fiber gypsum and cement-bonded boards for interior applications, such as dry lining walls, walls in timber frame buildings, and flooring solutions; and cement-bonded boards for use in exterior and industrial applications, and fire protection. Its products are used in various markets comprising new residential construction and commercial construction markets. The company was founded in 1888 and is headquartered in Dublin, Ireland. James Hardie Industries plc (JHX) is classified as a large-cap stock in the Materials sector, specifically within the Construction Materials industry. The company is led by CEO Aaron M. Erter and employs approximately 3,257 people. With a market capitalization of $11.1B, JHX is one of the prominent companies in the Materials sector.
James Hardie Industries plc (JHX) Stock Rating — Reduce (April 2026)
As of April 2026, James Hardie Industries plc receives a Reduce rating with a composite score of 44.1/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.JHX ranks #1,988 out of 4,446 stocks in our coverage universe. Within the Materials sector, James Hardie Industries plc ranks #138 of 284 stocks, placing it in the upper half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
JHX Stock Price and 52-Week Range
James Hardie Industries plc (JHX) currently trades at $21.02. The stock gained $0.27 (1.3%) in the most recent trading session. The 52-week high for JHX is $29.82, which means the stock is currently trading -29.5% from its annual peak. The 52-week low is $16.46, putting the stock 27.7% above its annual trough. Recent trading volume was 6.9M shares, reflecting moderate market activity.
Is JHX Overvalued or Undervalued? — Valuation Analysis
James Hardie Industries plc (JHX) carries a value factor score of 74/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 21.45x, compared to the Materials sector average of 26.50x — a discount of 19%. The price-to-book ratio stands at 5.03x, versus the sector average of 2.83x. The price-to-sales ratio is 0.70x, compared to 0.74x for the average Materials stock. On an enterprise value basis, JHX trades at 3.28x EV/EBITDA, versus 6.01x for the sector. The EV/EBIT multiple is 16.48x.
Based on these multiples, James Hardie Industries plc appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.
James Hardie Industries plc Profitability — ROE, Margins, and Quality Score
James Hardie Industries plc (JHX) earns a quality factor score of 42/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 78.5%, compared to the Materials sector average of 3.3%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 32.4% versus the sector average of 0.6%.
On a margin basis, James Hardie Industries plc reports gross margins of 38.8%, compared to 29.8% for the sector. The operating margin is 16.9% (sector: 6.0%). Net profit margin stands at 10.9%, versus 3.0% for the average Materials stock. Revenue growth is running at -1.5% on a trailing basis, compared to 1.8% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
JHX Debt, Balance Sheet, and Financial Health
James Hardie Industries plc has a debt-to-equity ratio of 52.0%, compared to the Materials sector average of 41.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. Total debt on the balance sheet is $1.12B. Cash and equivalents stand at $563M.
JHX has a beta of 1.49, meaning it is more volatile than the broader market — a $10,000 investment in JHX would be expected to move 49.3% more than the S&P 500 on any given day. The stability factor score for James Hardie Industries plc is 39/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
James Hardie Industries plc Revenue and Earnings History — Quarterly Trend
In TTM 2026, James Hardie Industries plc reported revenue of $3.88B and earnings per share (EPS) of $0.98. Net income for the quarter was $424M. Gross margin was 38.8%. Operating income came in at $656M.
In FY 2025, James Hardie Industries plc reported revenue of $3.88B and earnings per share (EPS) of $0.98. Net income for the quarter was $424M. Gross margin was 38.8%. Revenue grew -1.5% year-over-year compared to FY 2024. Operating income came in at $656M.
In FY 2024, James Hardie Industries plc reported revenue of $3.94B and earnings per share (EPS) of $1.16. Net income for the quarter was $510M. Gross margin was 40.4%. Revenue grew 4.2% year-over-year compared to FY 2023. Operating income came in at $767M.
In FY 2023, James Hardie Industries plc reported revenue of $3.78B and earnings per share (EPS) of $1.15. Net income for the quarter was $512M. Gross margin was 34.7%. Revenue grew 4.5% year-over-year compared to FY 2022. Operating income came in at $741M.
Over the past 8 quarters, James Hardie Industries plc has demonstrated a growth trajectory, with revenue expanding from $2.51B to $3.88B. Investors analyzing JHX stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
JHX Dividend Yield and Income Analysis
James Hardie Industries plc (JHX) does not currently pay a dividend. This is common among growth-oriented companies in the Construction Materials industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.
JHX Momentum and Technical Analysis Profile
James Hardie Industries plc (JHX) has a momentum factor score of 36/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 50/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 26/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
JHX vs Competitors — Materials Sector Ranking and Peer Comparison
Within the Materials sector, James Hardie Industries plc (JHX) ranks #138 out of 284 stocks based on the Blank Capital composite score. This places JHX in the upper half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.
Comparing JHX against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full JHX vs S&P 500 (SPY) comparison to assess how James Hardie Industries plc stacks up against the broader market across all factor dimensions.
JHX Next Earnings Date
No upcoming earnings date has been announced for James Hardie Industries plc (JHX) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy JHX? — Investment Thesis Summary
The quantitative profile for James Hardie Industries plc suggests caution. The value score of 74/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 36/100, a headwind for near-term performance. High volatility (stability score 39/100) increases portfolio risk.
In summary, James Hardie Industries plc (JHX) earns a Reduce rating with a composite score of 44.1/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on JHX stock.
Related Resources for JHX Investors
Explore more research and tools: JHX vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare JHX head-to-head with peers: JHX vs CF, JHX vs NTR, JHX vs UAN.