Cash flow James Hardie Industries plc

Equities

JHX

AU000000JHX1

Construction Materials

Market Closed - Australian S.E. Other stock markets 01:19:22 2026-01-16 am EST			5-day change	1st Jan Change
35.70 ^AUD	+2.03%		+10.12%	+15.61%

Jan. 16	Australian Shares Reach 50-Day Peak; James Hardie to Close California, South Carolina Manufacturing Facilities	MT
Jan. 16	James Hardie's Fiscal Year 2027 Profit to See 'Modest' Boost From Decision to Close US Plants, Citi Says	MT

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Published financial data: JAMES HARDIE INDUSTRIES PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	2.91B	3.61B	3.78B	3.94B	3.88B
Total Revenues	2.91B	3.61B	3.78B	3.94B	3.88B
Cost of Goods Sold, Total	1.86B	2.3B	2.47B	2.35B	2.37B
Gross Profit	1.05B	1.31B	1.31B	1.59B	1.5B
Selling General & Admin Expenses, Total	390M	461M	494M	602M	596M
R&D Expenses	34.3M	38M	39.6M	47M	48.5M
Other Operating Expenses, Total	424M	499M	534M	649M	645M
Operating Income	630M	815M	778M	939M	860M
Interest Expense, Total	-48.5M	-40.3M	-37M	-36.4M	-41M
Interest And Investment Income	700K	1M	6.3M	21.1M	30.7M
Net Interest Expenses	-47.8M	-39.3M	-30.7M	-15.3M	-10.3M
Currency Exchange Gains (Loss)	-111M	7.9M	21.4M	1.9M	-
Other Non Operating Income (Expenses)	-34.5M	-145M	-45.7M	-154M	-140M
EBT, Excl. Unusual Items	436M	638M	723M	772M	710M
Restructuring Charges	-11.1M	-	-	-	-50.3M
Merger & Related Restructuring Charges	-	-	-	-	-16.5M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-2M	-400K	-	-20.1M	-
Insurance Settlements	2M	5.3M	100K	3.1M	2.1M
Other Unusual Items	-13.1M	-	-	-	-
EBT, Incl. Unusual Items	412M	643M	724M	755M	645M
Income Tax Expense	149M	184M	212M	245M	221M
Earnings From Continuing Operations	263M	459M	512M	510M	424M
Net Income to Company	263M	459M	512M	510M	424M
Net Income - (IS)	263M	459M	512M	510M	424M
Net Income to Common Incl Extra Items	263M	459M	512M	510M	424M
Net Income to Common Excl. Extra Items	263M	459M	512M	510M	424M
Per Share Items
Net EPS - Basic	0.59	1.03	1.15	1.16	0.98
Basic EPS - Continuing Operations	0.59	1.03	1.15	1.16	0.98
Basic Weighted Average Shares Outstanding	444M	445M	445M	438M	431M
Net EPS - Diluted	0.59	1.03	1.15	1.16	0.98
Diluted EPS - Continuing Operations	0.59	1.03	1.15	1.16	0.98
Diluted Weighted Average Shares Outstanding	445M	446M	446M	440M	432M
Normalized Basic EPS	0.61	0.9	1.02	1.1	1.03
Normalized Diluted EPS	0.61	0.89	1.01	1.1	1.03
Dividend Per Share	-	0.7	-	-	-
Payout Ratio	-	105.42	25.31	-	-
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	765M	976M	951M	1.12B	1.08B
EBITA	632M	818M	782M	944M	865M
EBIT	630M	815M	778M	939M	860M
EBITDAR	784M	1B	974M	1.15B	1.11B
Effective Tax Rate - (Ratio)	36.21	28.61	29.23	32.41	34.3
Current Domestic Taxes	38.5M	44.4M	42.9M	38.7M	30M
Current Foreign Taxes	-8.6M	53.9M	81.4M	133M	90M
Total Current Taxes	29.9M	98.3M	124M	172M	120M
Deferred Domestic Taxes	1.4M	9.4M	11.8M	17.3M	16.3M
Deferred Foreign Taxes	118M	76.3M	75.4M	55.6M	85.1M
Total Deferred Taxes	119M	85.7M	87.2M	72.9M	101M
Normalized Net Income	273M	399M	452M	482M	444M
Interest Capitalized	9.5M	1.9M	8.5M	19.5M	21M
Interest on Long-Term Debt	100K	100K	200K	200K	200K
Supplemental Operating Expense Items
Advertising Expense	-	53.7M	83.1M	111M	99.4M
Research And Development Expense From Footnotes	37.2M	42.1M	41.8M	47M	48.5M
Net Rental Expense, Total	19.1M	23.3M	23.4M	26.9M	31.7M
Imputed Operating Lease Interest Expense	7.59M	8.38M	8.13M	10.26M	13.04M
Imputed Operating Lease Depreciation	11.51M	14.92M	15.27M	16.64M	18.66M
Stock-Based Comp., SG&A Exp. (Total)	39.7M	12.2M	18.4M	45.5M	25.7M
Total Stock-Based Compensation	39.7M	12.2M	18.4M	45.5M	25.7M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	208M	125M	113M	365M	563M
Total Cash And Short Term Investments	208M	125M	113M	365M	563M
Accounts Receivable, Total	291M	333M	299M	313M	329M
Other Receivables	49.2M	73.3M	63M	58.5M	68.4M
Total Receivables	340M	406M	362M	371M	397M
Inventory	218M	280M	344M	338M	347M
Prepaid Expenses	38.9M	43.2M	41M	68.2M	101M
Restricted Cash	110M	147M	72.6M	50.8M	42.9M
Other Current Assets, Total	28.2M	123M	143M	235M	251M
Total Current Assets	944M	1.12B	1.08B	1.43B	1.7B
Gross Property Plant And Equipment	2.51B	2.72B	3.26B	3.57B	3.76B
Accumulated Depreciation	-1.09B	-1.21B	-1.36B	-1.46B	-1.52B
Net Property Plant And Equipment	1.42B	1.52B	1.9B	2.1B	2.24B
Goodwill	209M	200M	195M	193M	194M
Other Intangibles, Total	174M	163M	155M	149M	146M
Deferred Tax Assets Long-Term	1.27B	1.18B	1.05B	984M	885M
Other Long-Term Assets, Total	66.6M	60.5M	98.7M	56.3M	61.8M
Total Assets	4.09B	4.24B	4.48B	4.91B	5.23B
Liabilities
Accounts Payable, Total	174M	274M	198M	252M	232M
Accrued Expenses, Total	199M	251M	241M	281M	275M
Current Portion of Long-Term Debt	-	-	-	7.5M	9.4M
Current Portion of Leases	8.8M	13.6M	18.9M	20.2M	22.7M
Current Income Taxes Payable	6.6M	9.5M	15.4M	13M	10.3M
Other Current Liabilities	513M	223M	224M	224M	260M
Total Current Liabilities	901M	770M	697M	798M	810M
Long-Term Debt	859M	877M	1.06B	1.12B	1.11B
Long-Term Leases	55.2M	64.6M	62.5M	61.5M	65.8M
Deferred Tax Liability Non Current	86.3M	86.9M	93.6M	108M	121M
Other Non Current Liabilities	1.13B	1.11B	955M	972M	961M
Total Liabilities	3.03B	2.91B	2.87B	3.05B	3.07B
Common Stock, Total	231M	232M	230M	225M	222M
Additional Paid In Capital	225M	230M	238M	256M	272M
Retained Earnings	611M	892M	1.2B	1.45B	1.73B
Comprehensive Income and Other	-6.6M	-22M	-53.3M	-68.3M	-58.2M
Total Common Equity	1.06B	1.33B	1.61B	1.86B	2.16B
Total Equity	1.06B	1.33B	1.61B	1.86B	2.16B
Total Liabilities And Equity	4.09B	4.24B	4.48B	4.91B	5.23B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	444M	445M	442M	434M	430M
ECS Total Common Shares Outstanding	444M	445M	442M	434M	430M
Book Value / Share	2.39	2.99	3.65	4.29	5.03
Tangible Book Value	678M	971M	1.26B	1.52B	1.82B
Tangible Book Value Per Share	1.53	2.18	2.85	3.5	4.24
Total Debt	923M	956M	1.14B	1.2B	1.21B
Net Debt	714M	830M	1.03B	839M	645M
Debt Equivalent Oper. Leases	153M	186M	187M	215M	254M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	60.4M	82.1M	93.9M	90.6M	87.4M
Inventories - Work In Process, Total	17.9M	16.2M	23M	25.1M	26.5M
Inventories - Finished Goods, Total	150M	187M	238M	235M	244M
Land - (BS)	85.2M	83.6M	79.8M	99M	94.7M
Buildings, Total	513M	531M	568M	577M	747M
Machinery, Total	1.78B	1.88B	2.04B	2.15B	2.32B
Full Time Employees	4.86K	5K	5.47K	5.68K	6K
Accumulated Allowance for Doubtful Accounts (Supple)	6.1M	3.4M	2.6M	8.5M	6.4M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	263M	459M	512M	510M	424M
Depreciation & Amortization - CF	132M	158M	169M	181M	212M
Amortization of Goodwill and Intangible Assets - (CF)	2.6M	3.5M	3.8M	4.3M	4.4M
Depreciation & Amortization, Total	135M	162M	173M	185M	216M
(Gain) Loss From Sale Of Asset	-	-	-12.7M	-2M	-
Asset Writedown & Restructuring Costs	-	-	-	20.1M	38.2M
Stock-Based Compensation (CF)	18M	9M	15.7M	28.2M	23M
Tax Benefit from Stock Options	-3.5M	-2.4M	-200K	-600K	-
Other Operating Activities, Total	280M	222M	132M	245M	254M
Change In Accounts Receivable	46.4M	-70.9M	32.1M	-19.7M	-28.9M
Change In Inventories	98.7M	-64.3M	-70.8M	3.4M	-15.7M
Change In Accounts Payable	25M	137M	-63.2M	47.4M	18.3M
Change In Income Taxes	-14.7M	200K	5.5M	-4.9M	-2.7M
Change in Other Net Operating Assets	-60.9M	-94.4M	-115M	-98.3M	-123M
Cash from Operations	787M	757M	608M	914M	803M
Capital Expenditure	-120M	-260M	-600M	-469M	-443M
Sale of Property, Plant, and Equipment	1.6M	-	14.1M	4.2M	400K
Cash Acquisitions	-	-	-	-	-
Other Investing Activities, Total	-1.8M	-88.5M	-74.4M	-5.9M	-3.9M
Cash from Investing	-120M	-348M	-660M	-470M	-447M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	390M	450M	395M	-
Total Debt Issued	-	390M	450M	395M	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-531M	-351M	-262M	-328M	-8.7M
Total Debt Repaid	-531M	-351M	-262M	-328M	-8.7M
Issuance of Common Stock	100K	300K	200K	400K	-
Repurchase of Common Stock	-	-2.8M	-84.5M	-276M	-157M
Common Dividends Paid	-	-484M	-130M	-	-
Common & Preferred Stock Dividends Paid	-	-484M	-130M	-	-
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-9.5M	-2.1M	-	-1.2M	-
Cash from Financing	-540M	-450M	-25.4M	-210M	-166M
Foreign Exchange Rate Adjustments	6.3M	-5.9M	-8.4M	-3.4M	-400K
Net Change in Cash	133M	-46.5M	-86.3M	230M	190M
Supplemental Items
Cash Interest Paid	56.4M	37M	41M	41.8M	63.6M
Cash Income Tax Paid (Refund)	-3.7M	92.7M	117M	183M	128M
Levered Free Cash Flow	844M	-1.6M	13.58M	316M	243M
Unlevered Free Cash Flow	874M	23.59M	36.7M	339M	269M
Change In Net Working Capital	-426M	400M	41M	9.7M	67.6M
Net Debt Issued / Repaid	-531M	39M	188M	67M	-8.7M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	9.7	12.22	11.16	12.5	10.6
Return on Total Capital	17.77	23.84	19.3	20.19	16.72
Return On Equity %	25.08	38.36	34.78	29.4	21.09
Return on Common Equity	25.08	38.36	34.78	29.4	21.09
Margin Analysis
Gross Profit Margin %	36.23	36.35	34.74	40.35	38.81
SG&A Margin	13.39	12.76	13.08	15.3	15.38
EBITDA Margin %	26.29	27.01	25.18	28.56	27.76
EBITA Margin %	21.74	22.64	20.71	23.97	22.3
EBIT Margin %	21.65	22.54	20.61	23.86	22.19
Income From Continuing Operations Margin %	9.03	12.7	13.56	12.96	10.93
Net Income Margin %	9.03	12.7	13.56	12.96	10.93
Net Avail. For Common Margin %	9.03	12.7	13.56	12.96	10.93
Normalized Net Income Margin	9.37	11.03	11.97	12.25	11.45
Levered Free Cash Flow Margin	29.01	-0.04	0.36	8.03	6.27
Unlevered Free Cash Flow Margin	30.05	0.65	0.97	8.61	6.93
Asset Turnover
Asset Turnover	0.72	0.87	0.87	0.84	0.76
Fixed Assets Turnover	2.07	2.46	2.21	1.97	1.79
Receivables Turnover (Average Receivables)	10.49	11.59	11.96	12.88	12.09
Inventory Turnover (Average Inventory)	7.09	9.24	7.9	6.89	6.93
Short Term Liquidity
Current Ratio	1.05	1.46	1.54	1.79	2.1
Quick Ratio	0.61	0.69	0.68	0.92	1.18
Operating Cash Flow to Current Liabilities	0.87	0.98	0.87	1.15	0.99
Days Sales Outstanding (Average Receivables)	34.8	31.48	30.52	28.42	30.2
Days Outstanding Inventory (Average Inventory)	51.49	39.5	46.19	53.16	52.68
Average Days Payable Outstanding	33.57	34.58	34.04	35.19	37.12
Cash Conversion Cycle (Average Days)	52.72	36.4	42.67	46.39	45.76
Long Term Solvency
Total Debt/Equity	86.97	71.69	70.77	64.79	55.89
Total Debt / Total Capital	46.52	41.75	41.44	39.32	35.85
LT Debt/Equity	86.14	70.67	69.6	63.3	54.4
Long-Term Debt / Total Capital	46.07	41.16	40.76	38.41	34.9
Total Liabilities / Total Assets	74.06	68.59	64.02	62.16	58.67
EBIT / Interest Expense	12.99	20.22	21.04	25.8	20.98
EBITDA / Interest Expense	16.16	24.81	26.34	31.62	27.03
(EBITDA - Capex) / Interest Expense	13.68	18.36	10.12	18.74	16.22
Total Debt / EBITDA	1.18	0.96	1.17	1.05	1.09
Net Debt / EBITDA	0.91	0.83	1.05	0.73	0.58
Total Debt / (EBITDA - Capex)	1.39	1.29	3.04	1.77	1.82
Net Debt / (EBITDA - Capex)	1.08	1.12	2.74	1.23	0.97
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	11.58	24.27	4.49	4.21	-1.49
Gross Profit, 1 Yr. Growth %	12.51	24.69	-0.11	21.07	-5.25
EBITDA, 1 Yr. Growth %	23.47	27.68	-2.57	18.21	-4.24
EBITA, 1 Yr. Growth %	28.8	29.38	-4.35	20.62	-8.35
EBIT, 1 Yr. Growth %	29.08	29.36	-4.41	20.66	-8.4
Earnings From Cont. Operations, 1 Yr. Growth %	8.82	74.7	11.52	-0.35	-16.9
Net Income, 1 Yr. Growth %	8.82	74.7	11.52	-0.35	-16.9
Normalized Net Income, 1 Yr. Growth %	18.05	46.31	13.42	6.69	-7.99
Diluted EPS Before Extra, 1 Yr. Growth %	9.26	74.58	11.65	0.87	-15.52
Accounts Receivable, 1 Yr. Growth %	10.08	14.59	-10.33	4.72	5.18
Inventory, 1 Yr. Growth %	-28.45	28.13	23.06	-1.86	2.75
Net Property, Plant and Equip., 1 Yr. Growth %	2.71	6.73	25.3	10.56	6.68
Total Assets, 1 Yr. Growth %	1.51	3.77	5.56	9.68	6.46
Tangible Book Value, 1 Yr. Growth %	0.88	43.24	29.95	20.28	20.11
Common Equity, 1 Yr. Growth %	2.46	25.65	20.89	15.36	16.28
Cash From Operations, 1 Yr. Growth %	74.4	-3.77	-19.76	50.46	-12.19
Capital Expenditures, 1 Yr. Growth %	-40.88	116.06	130.96	-21.84	-5.46
Levered Free Cash Flow, 1 Yr. Growth %	529.89	-100.19	-833.78	2.23K	-23.11
Unlevered Free Cash Flow, 1 Yr. Growth %	414.68	-97.3	57.26	823.71	-20.71
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.72	17.76	13.95	4.35	1.32
Gross Profit, 2 Yr. CAGR %	12.58	18.45	11.69	9.97	7.1
EBITDA, 2 Yr. CAGR %	22.54	25.56	11.66	7.32	6.39
EBITA, 2 Yr. CAGR %	26.37	29.09	11.39	7.41	5.14
EBIT, 2 Yr. CAGR %	27.09	29.22	11.35	7.4	5.13
Earnings From Cont. Operations, 2 Yr. CAGR %	7.17	37.88	39.58	5.42	-9
Net Income, 2 Yr. CAGR %	7.17	37.88	39.58	5.42	-9
Normalized Net Income, 2 Yr. CAGR %	17.51	31.42	29.08	10	-0.92
Diluted EPS Before Extra, 2 Yr. CAGR %	6.75	38.11	39.61	6.12	-7.69
Accounts Receivable, 2 Yr. CAGR %	9.45	12.31	1.37	-3.1	4.95
Inventory, 2 Yr. CAGR %	-17.07	-4.25	25.57	9.9	0.42
Net Property, Plant and Equip., 2 Yr. CAGR %	1.18	4.7	15.65	17.7	8.6
Total Assets, 2 Yr. CAGR %	0.7	2.63	4.66	7.6	8.06
Tangible Book Value, 2 Yr. CAGR %	6.37	20.21	36.43	25.02	20.2
Common Equity, 2 Yr. CAGR %	4.34	13.47	23.25	18.09	15.82
Cash From Operations, 2 Yr. CAGR %	60.89	29.54	-12.13	9.88	14.95
Capital Expenditures, 2 Yr. CAGR %	-38.99	13.02	123.38	34.36	-14.04
Levered Free Cash Flow, 2 Yr. CAGR %	1.17K	-89.15	-87.31	1.51K	304.15
Unlevered Free Cash Flow, 2 Yr. CAGR %	478.86	-62.73	-79.5	281.13	170.63
Dividend Per Share, 2 Yr. CAGR %	-	164.58	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	12.29	12.98	13.16	10.61	2.37
Gross Profit, 3 Yr. CAGR %	12.97	16.48	11.89	14.73	4.64
EBITDA, 3 Yr. CAGR %	16.94	24.23	15.36	13.8	3.32
EBITA, 3 Yr. CAGR %	17.77	27.37	16.79	14.39	1.88
EBIT, 3 Yr. CAGR %	17.7	27.84	16.85	14.37	1.85
Earnings From Cont. Operations, 3 Yr. CAGR %	21.62	26.13	28.46	24.75	-2.62
Net Income, 3 Yr. CAGR %	21.62	26.13	28.46	24.75	-2.62
Normalized Net Income, 3 Yr. CAGR %	29.71	26.42	25.1	21.14	3.64
Diluted EPS Before Extra, 3 Yr. CAGR %	21.37	25.77	28.66	25.28	-1.64
Accounts Receivable, 3 Yr. CAGR %	14.11	11.14	4.19	2.47	-0.41
Inventory, 3 Yr. CAGR %	-5.13	-4.13	4.1	15.66	7.46
Net Property, Plant and Equip., 3 Yr. CAGR %	12.73	3	11.16	13.92	13.91
Total Assets, 3 Yr. CAGR %	20.26	1.71	3.6	6.31	7.22
Tangible Book Value, 3 Yr. CAGR %	41.59	17.46	23.37	30.82	23.36
Common Equity, 3 Yr. CAGR %	68.56	11.01	15.89	20.56	17.49
Cash From Operations, 3 Yr. CAGR %	36.63	35.55	10.43	5.13	1.97
Capital Expenditures, 3 Yr. CAGR %	-17.62	-7	43.42	57.41	19.5
Levered Free Cash Flow, 3 Yr. CAGR %	89.01	-32.6	-53.59	-27.88	483.34
Unlevered Free Cash Flow, 3 Yr. CAGR %	81.77	-3.3	-39.99	-27.04	125.83
Dividend Per Share, 3 Yr. CAGR %	-	24.81	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	10.97	13.47	12.95	9.45	8.27
Gross Profit, 5 Yr. CAGR %	10.64	14.24	12.41	13.82	9.95
EBITDA, 5 Yr. CAGR %	12.11	17.47	14.74	17.16	11.69
EBITA, 5 Yr. CAGR %	12.43	18.24	15.1	18.96	11.98
EBIT, 5 Yr. CAGR %	12.34	18.19	15.04	19.22	12.01
Earnings From Cont. Operations, 5 Yr. CAGR %	1.46	10.67	28.51	17.4	11.92
Net Income, 5 Yr. CAGR %	1.46	10.67	28.51	17.4	11.92
Normalized Net Income, 5 Yr. CAGR %	5.77	11.18	29.33	19.56	13.96
Diluted EPS Before Extra, 5 Yr. CAGR %	1.46	10.69	28.36	17.51	12.66
Accounts Receivable, 5 Yr. CAGR %	10.89	11.46	8.83	5.21	4.49
Inventory, 5 Yr. CAGR %	2.49	6.63	6.12	1.25	2.61
Net Property, Plant and Equip., 5 Yr. CAGR %	10.39	11.53	13.89	8.65	10.13
Total Assets, 5 Yr. CAGR %	15.04	16.09	13.76	4.03	5.36
Tangible Book Value, 5 Yr. CAGR %	24.65	35.54	39.51	20.43	22.09
Common Equity, 5 Yr. CAGR %	36.34	44.41	48.72	13.79	15.86
Cash From Operations, 5 Yr. CAGR %	24.75	14.63	14.52	24.63	12.21
Capital Expenditures, 5 Yr. CAGR %	9.32	18.96	22.78	7.74	16.87
Levered Free Cash Flow, 5 Yr. CAGR %	29.08	-55.76	-35.85	127.19	12.35
Unlevered Free Cash Flow, 5 Yr. CAGR %	28.19	-26.69	-24.08	67.01	9.62
Dividend Per Share, 5 Yr. CAGR %	-	13	-	-	-