James Hardie Industries PLC ADR logo

James Hardie Industries PLC ADR(JHX)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
2-STAR RATING
PASS
LAST CLOSE
$24.99
10/02/2026
(24-hour delay)

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Upturn Advisory & Investor View for JHX

10/02/2026: JHX (2-star) is currently NOT-A-BUY. Pass it for now.

James Hardie Industries is a global leader in fiber cement and fiber gypsum building products, with a significant footprint in the North American residential siding market. The company possesses a leading position through its proprietary, high-durability material technology which offers a strong value proposition compared to traditional wood or vinyl siding. Its primary growth story revolves around continued market share gains in the repair and remodel sector and international expansion via fiber gypsum. However, the stock is subject to cyclical risks tied to housing starts, raw material inflation, and the ongoing management of legacy liabilities. The company is generally best suited for growth-oriented investors who can tolerate the inherent volatility of the housing construction industry.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company consistently aims for share gains against traditional building materials.
Momentum investorMixed fitPerformance is highly sensitive to housing market cycles, requiring positive macro sentiment.
Value investorMixed fitValuation fluctuates significantly based on the cyclical nature of the construction industry.
Dividend investorMixed fitDividends are reliable but often secondary to capital reinvestment for expansion.
Low-risk investorWeak fitExposure to volatile housing starts and economic cycles creates higher inherent risk.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is highly responsive to interest rate changes and housing data.
Valuation riskMedium / highMarket pricing often shifts rapidly based on construction cycle expectations.
Competition risk (building material substitution)MediumAlternative materials like engineered wood can capture share if pricing is unfavorable.
Business qualityStrongThe company possesses a strong moat through its proprietary fiber cement technology.
Dividend incomeMediumIncome is stable but not the primary driver for total shareholder return.
Execution riskMediumSuccess depends on maintaining manufacturing efficiency and managing global logistics.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit -49.92%
Avg. Invested days 35
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/02/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
JHX receives a 3-star rating, supported by strong analyst coverage. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

★★★★★
JHX has moderate overall fundamentals (3 stars), with moderate financial health, soft growth momentum, and solid ownership. In FY2026 versus FY2025, solid revenue growth (+24.7%) is partially offset by negative earnings growth (-75.5%), soft cash generation (FCF margin 4.3%), soft profitability (net margin 2.2%).

Financial Health Rating

★★★★★
JHX's financial health is supported by solid cash strength, including free-cash-flow generation (4.3% of revenue). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is JHX's strongest growth driver at +24.7% FY2026 versus FY2025 (solid, 4 stars). By comparison, while earnings growth (-75.5%, negative) and free-cash-flow growth (-45.9%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 50.3% and approximately 99.5% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.42%, which materially reduces the ownership score.

Top 5 Institutional Investors

TOBAM S.A.S. 0.00%
Byrne Asset Management LLC 0.00%
Huntington National Bank 0.00%
Scopus Asset Management, LLC 0.00%
Quadrature Capital Limited 0.00%

Unit Economics (Per $1K Revenue)

★★★★★
JHX generates approximately $358 of gross profit, $93 of operating income, and $43 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Soft margins explain the 2-star rating, with moderate cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 49.69%

Quantitative Style Profile

★★★★★
JHX has a large-cap, liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Large / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 14.63B USD
Price to earnings Ratio 114.55
1Y Target Price 35.22
Price to earnings Ratio 114.55
1Y Target Price 35.22
Volume (30-day avg) 11.5M shares
Beta 1.04
52 Weeks Range 16.46 - 31.43
Updated Date 10/02/2026
52 Weeks Range 16.46 - 31.43
Updated Date 10/02/2026
Dividends yield (FY) -
Basic EPS (TTM) 0.22

How Company Makes Money

Business areaWhat it includesRetail investor read
North America Fiber CementHardiePlank and HardiePanel products for residential siding and trim.This is the primary revenue engine for the company.
Europe Fiber GypsumFermacell high-performance interior walls and flooring systems.Represents the primary growth channel outside of traditional fiber cement.
GeographySales across North America, Australia, New Zealand, and Europe.North American housing activity is the largest driver of total financial results.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 114.55
Forward PE 21.79
Enterprise Value 19.82B
Price to Sales(TTM) 2.7
Enterprise Value 19.82B
Price to Sales(TTM) 2.7
Enterprise Value to Revenue 3.66
Enterprise Value to EBITDA 17.46
Shares Outstanding 580.52M
Shares Floating 577.86M
Shares Outstanding 580.52M
Shares Floating 577.86M
Percent Insiders 0.42
Percent Institutions 50.35

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About James Hardie Industries PLC ADR

Exchange NYSE
Headquarters -
IPO Launch date 2000-01-03
CEO & Executive Director Mr. Aaron M. Erter
Sector Basic Materials
Industry Building Materials
Full time employees 7500
Full time employees 7500

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.