James Hardie Industries plc (JHX) Balance Sheet
JHX balance sheet, FY2026
March 31, 2026 · U.S. dollars$13.69B assets = $7.26B liabilities + $6.43B equity
Both columns are drawn to the same scale: what JHX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
JHX financial health
Descriptive bands, not a rating. Fiscal FY2026.
JHX balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.01BFY2017 | $13.69BFY2026 | +23.7%/yr | |
| Total liabilities | $2.22BFY2017 | $7.26BFY2026 | +14.0%/yr | |
| Shareholders’ equity | −$212.2MFY2017 | $6.43BFY2026 | — | |
| Cash & short-term investments | $78.9MFY2017 | $542.9MFY2026 | +23.9%/yr | |
| Total debt | $616.9MFY2017 | $4.79BFY2026 | +25.6%/yr | |
| Net cash (debt) | −$538.0MFY2017 | −$4.24BFY2026 | −$3.7B | |
| Working capital | $203.3MFY2017 | $669.4MFY2026 | +$466.1M | |
| Book value per share | −$0.48FY2017 | $11.78FY2026 | — | |
| Current ratio | 1.47FY2017 | 1.58FY2026 | +0.10 | |
| Debt / equity | 1.43FY2019 | 0.74FY2026 | −0.69 | |
| Shares outstanding | 443.9MFY2017 | 545.5MFY2026 | +2.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
JHX assets
JHX liabilities and equity
JHX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
JHX balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $542.9M | $562.7M | $365.0M | $113.0M | $125.0M | $208.5M | $144.4M | $78.7M | $281.6M | $78.9M |
| Cash & equivalents | $344.4M | $562.7M | $365.0M | $113.0M | $125.0M | $208.5M | $144.4M | $78.7M | $281.6M | $78.9M |
| Short-term investments | $198.5M | $175.8M | $178.4M | $140.9M | $119.7M | $26.6M | $63.0M | $17.7M | $38.4M | $113.9M |
| Receivables | $520.8M | $328.9M | $312.7M | $298.6M | $333.0M | $290.6M | $264.0M | $262.1M | $207.8M | $193.6M |
| Inventory | $635.7M | $347.1M | $337.8M | $344.2M | $279.7M | $218.3M | $305.1M | $317.4M | $255.7M | $202.9M |
| Other current assets | $127.4M | $463.1M | $412.9M | $319.3M | $386.3M | $226.2M | $194.9M | $95.9M | $97.5M | $156.7M |
| Total current assets | $1.83B | $1.70B | $1.43B | $1.08B | $1.12B | $943.6M | $908.4M | $754.1M | $842.6M | $632.1M |
| Property, plant & equipment (net) | $3.32B | $2.24B | $2.10B | $1.90B | $1.52B | $1.42B | $1.38B | $1.39B | $992.1M | $879.0M |
| Goodwill & intangible assets | $8.12B | $339.3M | $341.8M | $350.1M | $362.3M | $383.2M | $363.6M | $375.5M | $17.2M | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $81.6M | $98.5M |
| Other non-current assets | $422.5M | $949.4M | $1.04B | $1.15B | $1.24B | $1.34B | $1.37B | $1.51B | $417.5M | $403.1M |
| Total assets | $13.69B | $5.23B | $4.91B | $4.48B | $4.24B | $4.09B | $4.03B | $4.03B | $2.35B | $2.01B |
| Liabilities | ||||||||||
| Accounts payable | $351.4M | $232.5M | $252.0M | $198.2M | $273.6M | $174.0M | $151.3M | $142.4M | $111.8M | $108.4M |
| Short-term debt | $82.3M | $31.0M | $26.5M | $18.1M | $13.6M | $8.8M | $14.8M | $13.4M | $129.9M | $52.4M |
| Deferred revenue | — | — | $376.5M | — | $819.2M | $563.4M | $103.0M | $29.0M | $26.0M | $26.0M |
| Total current liabilities | $1.16B | $810.2M | $797.7M | $697.3M | $769.9M | $901.1M | $510.0M | $483.0M | $394.6M | $428.8M |
| Long-term debt | $4.49B | $1.11B | $1.12B | $1.06B | $878.8M | $860.5M | $1.36B | $1.38B | $884.4M | $564.5M |
| Lease obligations | $250.7M | $85.5M | $78.4M | $81.4M | $78.2M | $64.0M | $57.7M | — | — | — |
| Other long-term liabilities | $1.61B | $1.15B | $1.14B | $1.11B | $1.26B | $1.27B | $1.13B | $1.19B | $1.29B | $1.23B |
| Total liabilities | $7.26B | $3.07B | $3.05B | $2.87B | $2.91B | $3.03B | $2.99B | $3.06B | $2.57B | $2.22B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $326.7M | $222.1M | $224.7M | $230.0M | $232.1M | $231.4M | $230.6M | $230.0M | $229.5M | $229.1M |
| Retained earnings (deficit) | $1.83B | $1.73B | $1.45B | $1.20B | $892.4M | $611.4M | $659.5M | $577.1M | −$635.3M | −$612.9M |
| Accumulated other comprehensive income | −$46.3M | −$58.2M | −$68.3M | −$53.3M | −$22.0M | −$6.6M | −$62.1M | −$30.3M | −$1.3M | −$2.2M |
| Total shareholders' equity | $6.43B | $2.16B | $1.86B | $1.61B | $1.33B | $1.06B | $1.04B | $974.4M | −$221.5M | −$212.2M |
| Key figures | ||||||||||
| Total debt | $4.79B | $1.21B | $1.20B | $1.14B | $955.5M | $922.6M | $1.41B | $1.39B | $1.01B | $616.9M |
| Net cash (debt) | −$4.24B | −$642.3M | −$836.0M | −$1.03B | −$830.5M | −$714.1M | −$1.27B | −$1.31B | −$732.7M | −$538.0M |
| Working capital | $669.4M | $891.6M | $630.7M | $377.8M | $354.1M | $42.5M | $398.4M | $271.1M | $448.0M | $203.3M |
| Tangible book value | −$1.70B | $1.82B | $1.52B | $1.26B | $970.6M | $677.6M | $671.7M | $598.9M | −$238.7M | −$212.2M |
| Book value per share | $11.78 | $5.00 | $4.23 | $3.62 | $2.99 | $2.38 | $2.33 | $2.20 | −$0.50 | −$0.48 |
| Shares outstanding | 545.5M | 432.1M | 439.6M | 445.6M | 445.9M | 445.4M | 444.1M | 443.0M | 442.3M | 443.9M |
| Current ratio | 1.58 | 2.10 | 1.79 | 1.54 | 1.46 | 1.05 | 1.78 | 1.56 | 2.14 | 1.47 |
| Quick ratio | 0.92 | 1.10 | 0.85 | 0.59 | 0.59 | 0.55 | 0.80 | 0.71 | 1.24 | 0.64 |
| Debt / equity | 0.74 | 0.56 | 0.65 | 0.71 | 0.72 | 0.87 | 1.36 | 1.43 | — | — |
| Equity / assets | 46.9% | 41.3% | 37.8% | 36.0% | 31.4% | 25.9% | 25.7% | 24.2% | −9.4% | −10.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $289.9M | $542.9M | $562.2M | $772.0M | $391.6M | $562.7M | $539.1M | $368.1M | $360.1M | $365.0M | $433.8M | $154.3M |
| Cash & equivalents | $289.9M | $344.4M | $374.9M | $587.0M | $391.6M | $562.7M | $539.1M | $368.1M | $360.1M | $365.0M | $433.8M | $154.3M |
| Short-term investments | $212.9M | $198.5M | $187.3M | $185.0M | — | — | $174.1M | $194.1M | $185.5M | $178.4M | $194.3M | $183.4M |
| Receivables | $499.6M | $520.8M | $316.8M | $368.0M | $328.9M | $328.9M | $270.6M | $346.8M | $366.0M | $312.7M | $311.6M | $357.9M |
| Inventory | $612.1M | $635.7M | $665.8M | $638.0M | $382.9M | $347.1M | $350.3M | $372.7M | $369.0M | $337.8M | $321.4M | $296.7M |
| Other current assets | $357.6M | $127.4M | $174.0M | $248.8M | $2.07B | $463.1M | $330.1M | $363.3M | $348.1M | $412.9M | $346.2M | $343.5M |
| Total current assets | $1.76B | $1.83B | $1.72B | $2.03B | $3.17B | $1.70B | $1.49B | $1.45B | $1.44B | $1.43B | $1.41B | $1.15B |
| Property, plant & equipment (net) | $3.28B | $3.32B | $3.33B | $3.25B | $2.30B | $2.24B | $2.18B | $2.19B | $2.14B | $2.10B | $2.02B | $1.93B |
| Goodwill & intangible assets | $8.04B | $8.12B | $8.35B | $8.37B | $365.4M | $339.3M | $327.1M | $351.5M | $337.9M | $341.8M | $351.9M | $337.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $418.5M | $422.5M | $408.0M | $426.7M | $949.8M | $949.4M | $913.6M | $984.5M | $1.00B | $1.04B | $1.03B | $1.04B |
| Total assets | $13.49B | $13.69B | $13.80B | $14.07B | $6.79B | $5.23B | $4.91B | $4.97B | $4.93B | $4.91B | $4.82B | $4.45B |
| Liabilities | ||||||||||||
| Accounts payable | $699.6M | $712.5M | $667.2M | $669.8M | $502.5M | $232.5M | $391.1M | $412.0M | $445.3M | $252.0M | $440.0M | $414.7M |
| Short-term debt | $83.7M | $82.3M | $80.8M | $77.0M | $21.8M | $31.0M | $28.2M | $28.7M | $27.8M | $26.5M | $28.0M | $20.7M |
| Deferred revenue | — | — | — | — | — | — | — | — | $35.0M | $376.5M | $12.3M | $112.8M |
| Total current liabilities | $1.11B | $1.16B | $1.11B | $1.13B | $843.6M | $810.2M | $684.5M | $719.1M | $745.3M | $797.7M | $749.1M | $679.2M |
| Long-term debt | $4.23B | $4.49B | $4.67B | $5.07B | $2.52B | $1.11B | $1.10B | $1.13B | $1.11B | $1.12B | $1.13B | $958.7M |
| Lease obligations | $245.3M | $250.7M | $253.1M | $227.6M | $85.1M | $85.5M | $84.4M | $86.2M | $82.7M | $78.4M | $83.8M | $82.4M |
| Other long-term liabilities | $1.61B | $1.61B | $1.63B | $1.55B | $1.16B | $1.15B | $1.03B | $1.15B | $1.14B | $1.14B | $1.04B | $1.02B |
| Total liabilities | $6.95B | $7.26B | $7.41B | $7.75B | $4.53B | $3.07B | $2.81B | $3.00B | $2.99B | $3.05B | $2.92B | $2.66B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $326.8M | $326.7M | $326.4M | $325.9M | $222.1M | $222.1M | $222.1M | $221.9M | $223.2M | $224.7M | $225.9M | $227.3M |
| Retained earnings (deficit) | $1.93B | $1.83B | $1.80B | $1.73B | $1.79B | $1.73B | $1.68B | $1.54B | $1.53B | $1.45B | $1.46B | $1.39B |
| Accumulated other comprehensive income | −$49.6M | −$46.3M | −$39.2M | −$39.9M | −$33.9M | −$58.2M | −$69.6M | −$49.6M | −$74.8M | −$68.3M | −$43.7M | −$76.1M |
| Total shareholders' equity | $6.54B | $6.43B | $6.40B | $6.32B | $2.26B | $2.16B | $2.10B | $1.98B | $1.94B | $1.86B | $1.90B | $1.79B |
| Key figures | ||||||||||||
| Total debt | $4.52B | $4.79B | $4.97B | $5.24B | $2.61B | $1.21B | $1.19B | $1.22B | $1.20B | $1.20B | $1.22B | $1.04B |
| Net cash (debt) | −$4.23B | −$4.24B | −$4.41B | −$4.47B | −$2.22B | −$642.3M | −$649.0M | −$853.4M | −$840.3M | −$836.0M | −$785.6M | −$884.9M |
| Working capital | $649.7M | $669.4M | $605.0M | $896.6M | $2.33B | $891.6M | $805.6M | $731.8M | $697.9M | $630.7M | $663.9M | $473.2M |
| Tangible book value | −$1.50B | −$1.70B | −$1.95B | −$2.05B | $1.89B | $1.82B | $1.77B | $1.63B | $1.60B | $1.52B | $1.54B | $1.45B |
| Book value per share | $11.19 | $11.78 | $10.97 | $10.95 | $5.23 | $5.02 | $4.87 | $4.57 | $4.46 | $4.23 | $4.32 | $4.06 |
| Shares outstanding | 584.3M | 545.5M | 583.1M | 577.4M | 431.1M | 430.6M | 430.9M | 432.3M | 434.5M | 439.6M | 438.3M | 440.8M |
| Current ratio | 1.59 | 1.58 | 1.54 | 1.79 | 3.76 | 2.10 | 2.18 | 2.02 | 1.94 | 1.79 | 1.89 | 1.70 |
| Quick ratio | 0.71 | 0.92 | 0.79 | 1.01 | 0.85 | 1.10 | 1.18 | 0.99 | 0.97 | 0.85 | 1.00 | 0.75 |
| Debt / equity | 0.69 | 0.74 | 0.78 | 0.83 | 1.16 | 0.56 | 0.57 | 0.62 | 0.62 | 0.65 | 0.64 | 0.58 |
| Equity / assets | 48.5% | 46.9% | 46.3% | 44.9% | 33.2% | 41.3% | 42.8% | 39.7% | 39.3% | 37.8% | 39.4% | 40.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 19, 2026); data from EODHD.
JHX financial position
At the end of fiscal 2026 (March 31, 2026), James Hardie Industries had total assets of $13.7 billion (up 161.7% from a year earlier), total liabilities of $7.3 billion and shareholders' equity of $6.4 billion. It held $542.9 million in cash and short-term investments against $4.8 billion of debt, net debt of $4.2 billion. Its current ratio was 1.58. In the latest quarter (ended June 30, 2026) total assets were $13.5 billion and equity $6.5 billion.
Related: JHX income statement, JHX cash flow statement, JHX key metrics. See the JHX stock overview for the latest quote and news.
JHX balance sheet FAQ
What are James Hardie Industries's total assets?
James Hardie Industries reported total assets of $13.7 billion at the end of fiscal 2026 (March 31, 2026), compared with $5.2 billion a year earlier.
How much debt does James Hardie Industries have?
James Hardie Industries had $4.8 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.74.
How much cash does James Hardie Industries have?
James Hardie Industries held $542.9 million in cash and short-term investments at the end of fiscal 2026; with $4.8 billion of debt that is net debt of $4.2 billion.
What is James Hardie Industries's book value?
James Hardie Industries's shareholders' equity (book value) was $6.4 billion at the end of fiscal 2026, or $11.78 per share.
What is James Hardie Industries's current ratio?
James Hardie Industries had current assets of $1.8 billion and current liabilities of $1.2 billion, a current ratio of 1.58 (it can cover its short-term obligations).
How much goodwill does James Hardie Industries have?
James Hardie Industries carried $8.1 billion of goodwill and intangible assets, 59.3% of total assets, at the end of fiscal 2026.