James Hardie Industries plc
JHX, JHIUF · Concrete Products, Except Block & Brick · 580.3M shares · EDGAR filings ↗
Net buyback after stock comp: $243M (gross $271M, SBC $28M)
Reference price $22.91 · est. market cap ~$13.3B — last insider purchase, 2026-06-02 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C67Leading exterior building-products franchise with strong brands but mid-pack, acquisition-depressed current-year returns.
Strengths
- Category-leading brands (Hardie, TimberTech, AZEK) with scaled manufacturing and material-conversion tailwinds
- Above-median operating margin (69th pct) and FCF/OCF generation (FCF 74th, OCF 61st pct)
Risks
- Thin returns this year — ROE 1.6% (45th pct), ROA 0.8% — diluted by the July 2025 AZEK acquisition and integration costs
- Cyclical exposure to residential repair/remodel and new-construction demand; single-source risk on certain decking compounds
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $269M cash & investments
Key metrics
Gross margin
35.8%
Operating margin
9.3%
Net margin
2.2%
Return on equity
1.6%
Return on assets
0.8%
ROIC
3.2%
Revenue growth (QoQ)
24.7%
Net-income growth
-75.5%
Debt / equity
0.7×
Net debt / EBITDA
4.5×
Current ratio
1.6×
Free cash flow
$206M
EBITDA
$941M
Tangible book value
-$1.7B
Cash & investments
$269M
Stock comp / revenue
0.8%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-16 | Lada Ryan | Tax withheld | 7.5K | $25.48 |
| 2026-06-16 | Lada Ryan | Option exercise | 7.7K | $24.45 |
| 2026-06-15 | Kilcullen Ryan | Grant | 7.9K | — |
| 2026-06-15 | Skelly Jonathan | Grant | 11K | — |
| 2026-06-15 | Singh Jesse G | Grant | 1.1K | — |
| 2026-06-15 | HECKES HOWARD C | Grant | 1.8K | — |
| 2026-06-15 | Stein Nigel | Grant | 1.3K | — |
| 2026-06-15 | Pfeifer John C | Grant | 1.1K | — |
| 2026-06-15 | Hendrickson Gary E | Grant | 2.1K | — |
| 2026-06-15 | PETERSON RENEE J | Grant | 1.1K | — |
| 2026-06-15 | Rowland Suzanne B | Grant | 1.1K | — |
| 2026-06-15 | Beastrom Timothy | Grant | 7.0K | — |
| 2026-06-15 | Lada Ryan | Grant | 11K | — |
| 2026-06-02 | Rowland Suzanne B | Buy | 3.0K | $22.91 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-26 | 2026-06-25 | 0001628280-26-045625 ↗ |
| 8-K | 2026-05-20 | 2026-05-20 | 0001159152-26-000048 ↗ |
| 10-K | 2026-05-19 | 2026-03-31 | 0001159152-26-000045 ↗ |
| 8-K | 2026-05-19 | 2026-05-19 | 0001628280-26-036497 ↗ |
| 8-K | 2026-05-15 | 2026-05-14 | 0001628280-26-035264 ↗ |
| 20-F | 2025-05-20 | 2025-03-31 | 0001159152-25-000012 ↗ |
| 20-F | 2024-05-20 | 2024-03-31 | 0001159152-24-000016 ↗ |
| 20-F | 2023-05-16 | 2023-03-31 | 0001159152-23-000015 ↗ |
| 20-F | 2022-05-17 | 2022-03-31 | 0001159152-22-000026 ↗ |
| 20-F | 2021-05-18 | 2021-03-31 | 0001159152-21-000045 ↗ |
| 20-F | 2020-05-19 | 2020-03-31 | 0001159152-20-000036 ↗ |
| 20-F | 2019-05-21 | 2019-03-31 | 0001159152-19-000045 ↗ |