JHXNYSEConcrete Products, Except Block & BrickUS GAAP · USD

James Hardie Industries plc

James Hardie Industries plc makes exterior home and outdoor living building products, centered on fiber cement, PVC, fiber gypsum, and composite materials. The company serves residential new construction, repair and remodel, and outdoor living markets across the United States, Australia, New Zealand, and Europe through a portfolio of brands and operating subsidiaries.

Liikevaihto4 836milj. USD
+24,7 %v/v
Liikevoitto (EBIT)448milj. USD
−31,8 %v/v
EBIT-marginaali9,3%
−7,7 %-yks.v/v
Nettotulos104milj. USD
−75,5 %v/v
Vapaa kassavirta206milj. USD
−45,9 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

01 0002 0003 0004 0005 000milj. USD2021: 2 909 milj. USD2021: EBIT 473 milj. USD20212022: 3 615 milj. USD2022: EBIT 683 milj. USD20222023: 3 777 milj. USD2023: EBIT 741 milj. USD20232024: 3 936 milj. USD2024: EBIT 767 milj. USD20242025: 3 878 milj. USD2025: EBIT 656 milj. USD20252026: 4 836 milj. USD2026: EBIT 448 milj. USD20264 836448
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Siding & Trim45 %

Fiber cement and PVC exterior and interior building products sold mainly in North America.

Deck, Rail & Accessories25 %

Outdoor living products including decking, railing, and related accessories.

Australia & New Zealand15 %

Fiber cement products manufactured in Australia and sold in Australia and New Zealand.

Europe15 %

Fiber gypsum, cement-bonded boards, and selected fiber cement products sold in Europe.

Tuotteet

Raportoitu · osuus liikevaihdosta
89,4%10,6%FY2025100 %
  • Fiber Cement89,4 %
  • Fiber Gypsum10,6 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company sells primarily into residential new construction and repair-and-remodel channels, with a smaller exposure to commercial construction. Its products are bought through distributors, dealers, home centers, builders, contractors, and other channel partners, while demand is also influenced by homeowners and architects who specify or pull through the products.

Residential new construction

Homebuilders and developers buy siding, trim, and exterior systems for new homes.

Repair and remodel

Contractors and homeowners replace or upgrade exterior cladding, trim, and outdoor living products.

Distributors and dealers

Building products distributors and lumberyards purchase inventory and drive channel access.

Outdoor living channel

Decking and railing customers buy low-maintenance products for patios, decks, and exteriors.

Architects and specifiers

They influence product selection by specifying materials for performance and aesthetics.

Strategia

The company focuses on operational excellence, disciplined pricing, and capital allocation to support its exteriors platform. It also emphasizes channel expansion, product innovation, and selective acquisitions that strengthen its siding, railing, and recycling capabilities.

Operational excellence and cost efficiencyLyhyt aikaväli

Scaled manufacturing and procurement are central to protecting product availability and competitiveness.

Channel expansion and downstream demand generationKeskipitkä aikaväli

Broader dealer, builder, and retail reach increases product pull-through and market penetration.

Product innovation and material conversionKeskipitkä aikaväli

New products help convert customers from traditional materials to low-maintenance exteriors.

Capital allocation disciplinePitkä aikaväli

Management seeks to balance growth investment, balance-sheet strength, and shareholder returns.

Maantiede

2026

James Hardie’s core markets are the United States, Australia, New Zealand, and Europe, with manufacturing and recycling facilities concentrated in the United States and Australia. The business is exposed to regional housing cycles, building codes, trade policy, and channel dynamics, so geography matters both for demand and for supply-chain positioning.

USA73 %
Australia8,8 %
Other countries (US filing)8,1 %
Kanada4,4 %
Saksa3,4 %
New Zealand2,0 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Demand is tied to residential construction, repair and remodel activity, and outdoor living spending, so housing cycles can move volumes materially. The company also faces execution risk in manufacturing, channel relationships, cybersecurity, tariffs, product quality, and asbestos-related obligations tied to its historical Australian business.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Residential construction downturn1Tariffs and trade restrictions2Product quality and warranty claims3Asbestos-related liabilities4Distributor concentration and channel disruption5Cybersecurity and IT disruption6
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Residential construction downturnVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A large share of demand depends on new home starts and repair/remodel activity.

    KohdistuuSidingTrimOutdoor living volumes
  2. Tariffs and trade restrictionsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company sources and sells across multiple regions, so trade actions can affect costs and supply.

    Kohdistuu: North America and imported inputs

  3. Product quality and warranty claimsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Building products must perform over long periods, and failures can create recalls or claims.

    Kohdistuu: Brand reputation and replacement costs

  4. Asbestos-related liabilitiesVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Legacy Australian asbestos liabilities require ongoing funding under the AFFA.

    Kohdistuu: Long-dated contingent and funded obligations

  5. Distributor concentration and channel disruptionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    A small number of large customers can influence pricing, inventory, and product placement.

    Kohdistuu: Pro channel and dealer network

  6. Cybersecurity and IT disruptionVaikutus: KeskitasoTodennäköisyys: Matala

    Manufacturing, logistics, and customer service depend on integrated information systems.

    KohdistuuOperationsCustomer dataSupply chain systems

Kirjanpito

Harkinnanvaraiset erät
Asbestos liability under AFFA

The obligation is estimated using actuarial cash-flow assumptions through 2074 and can change with claims, exchange rates, and actuarial inputs.

Vaikutus: Affects liabilities, cash commitments, and earnings sensitivity

Goodwill impairment

Acquisitions create goodwill that must be tested against future cash-flow expectations and discount rates.

Vaikutus: Could trigger non-cash impairment charges

Acquired intangible assets

Trade names, customer relationships, and technology are amortized over useful lives.

Vaikutus: Affects operating expense and reported margins

Restructuring and lease exit costs

Facility closures and exit actions create one-time charges that reduce comparability across periods.

Vaikutus: Impacts operating income and cash flow timing

Uncertain tax positions

The company operates across several tax jurisdictions and must judge whether positions meet recognition thresholds.

Vaikutus: Can change tax expense and liabilities

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026