15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 10.7% per year over the past 5 years.
Net income has grown slower than revenue (-16.9% vs 10.7% per year).
Operating margin has contracted, at 9.3% in the latest year.
Free cash flow has declined 21.2% per year over the past 5 years.
Financial health
Total debt ($4.5B) exceeds cash ($269M); net debt is $4.3B.
Total debt has grown faster than revenue (39.5% vs 10.7% per year).
Operating income covered interest expense 1.9× in the latest year.
Total debt is 4.8× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$4.8B
$104M
35.8%
9.3%
$206M
$4.5B
$269M
2025
$3.9B
$424M
38.8%
16.9%
$381M
$1.1B
$563M
2024
$3.9B
$510M
40.4%
19.5%
$465M
$1.1B
$365M
2023
$3.8B
$512M
34.7%
19.6%
$16M
$1.1B
$113M
2022
$3.6B
$459M
36.3%
18.9%
$499M
$877M
$125M
2021
$2.9B
$263M
36.2%
16.3%
$676M
$859M
$209M
2020
$2.6B
$242M
35.8%
13.1%
$257M
$1.4B
$144M
2019
$2.5B
$229M
33.2%
14.0%
-$14M
$1.4B
$79M
2018
$2.1B
$146M
35.5%
11.2%
$98M
$884M
$282M
2017
$1.9B
$277M
35.1%
20.5%
—
$565M
$79M
2016
—
$244M
—
—
—
$502M
$107M
2015
—
$291M
—
—
—
$398M
$67M
2014
—
$100M
—
—
$207M
—
$168M
2013
—
$46M
—
—
$48M
—
$154M
2012
—
$604M
—
—
$351M
—
$265M
Valuation over time
How the market has priced JHX against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 23.0× (Mar '23) to 136.4× (Jun '26).
The price-to-sales ratio has fallen from 3.1× (Mar '23) to 2.9× (Jun '26).
The dividend yield has fallen from 1.1% (Mar '23) to 0.6% (Mar '24).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is JHX growing its revenue and profit?
Over the past 5 years, James Hardie Industries Plc's revenue has grown 10.7% per year, and net income declined 16.9% per year. These are computed facts, not advice.
How much debt does JHX have?
As of FY2026, James Hardie Industries Plc reported $4.5B of total debt against $269M of cash; operating income covered interest expense 1.9×.
What is JHX's profit margin?
In FY2026, gross margin was 35.8%, operating margin 9.3%, and net margin 2.2%.
What is JHX's P/E ratio?
As of Jun '26, James Hardie Industries Plc traded at a price-to-earnings ratio of about 136.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.