James Hardie Industries plc (JHX) Income Statement
JHX FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsJHX revenue and net income
Where JHX's revenue goes
FY2026Each bar shows an amount and its share of revenue. JHX kept 2.2% of revenue as net income.
JHX profit margins
JHX growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +24.7% | +8.6% | +10.7% | +10.8% |
| Gross profit | +14.9% | +9.6% | +10.5% | +10.6% |
| Operating income | −31.8% | −15.5% | −1.1% | +2.4% |
| Net income | −75.5% | −41.2% | −16.9% | −8.2% |
| EPS (diluted) | +11.2% | −7.1% | +2.8% | +6.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
JHX quarterly EPS vs estimates
James Hardie Industries beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 16, 2026 (estimate $0.35).
JHX income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.84B | $3.88B | $3.94B | $3.78B | $3.61B | $2.91B | $2.61B | $2.51B | $2.05B | $1.92B |
| Cost of revenue | $3.11B | $2.37B | $2.35B | $2.47B | $2.30B | $1.86B | $1.67B | $1.68B | $1.32B | $1.25B |
| Gross profit | $1.73B | $1.50B | $1.59B | $1.31B | $1.31B | $1.05B | $933.7M | $831.0M | $730.2M | $674.7M |
| Research & development | $60.7M | $48.5M | $47.0M | $39.6M | $38.0M | $34.3M | $32.8M | $37.9M | $33.3M | $30.3M |
| Sales, general & admin | $946.4M | $596.2M | $602.2M | $494.0M | $461.2M | $389.6M | $415.0M | $403.0M | $291.0M | $254.0M |
| Total operating expenses | $1.28B | $849.1M | $821.0M | $570.6M | $630.9M | $578.9M | $591.2M | $479.4M | $501.0M | $281.5M |
| Operating income | $447.6M | $655.9M | $767.4M | $741.4M | $682.6M | $472.8M | $342.5M | $351.6M | $229.2M | $393.2M |
| Interest income | — | $30.7M | $21.1M | $6.3M | $1.0M | $700,000 | $54.4M | $50.1M | $31.0M | $24.9M |
| Interest expense | $231.1M | $41.0M | $36.4M | $37.0M | $40.3M | $48.5M | $57.5M | $54.2M | $32.9M | $28.5M |
| Income before taxes | $206.7M | $645.4M | $754.8M | $723.5M | $643.1M | $412.0M | $288.0M | $300.6M | $174.3M | $367.0M |
| Income taxes | $102.7M | $221.4M | $244.6M | $211.5M | $184.0M | $149.2M | $46.5M | $71.8M | $28.2M | $90.5M |
| Net income | $104.0M | $424.0M | $510.2M | $512.0M | $459.1M | $262.8M | $241.5M | $228.8M | $146.1M | $276.5M |
| EBITDA | $931.3M | $902.6M | $976.2M | $933.1M | $844.2M | $594.8M | $473.9M | $470.1M | $299.2M | $478.7M |
| EPS (diluted) | $1.09 | $0.98 | $1.34 | $1.36 | $1.40 | $0.95 | $0.78 | $0.68 | $0.64 | $0.52 |
| Gross margin | 35.8% | 38.8% | 40.4% | 34.7% | 36.3% | 36.2% | 35.8% | 33.2% | 35.5% | 35.1% |
| Operating margin | 9.3% | 16.9% | 19.5% | 19.6% | 18.9% | 16.3% | 13.1% | 14.0% | 11.2% | 20.5% |
| Net margin | 2.2% | 10.9% | 13.0% | 13.6% | 12.7% | 9.0% | 9.3% | 9.1% | 7.1% | 14.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.47B | $1.40B | $1.24B | $1.29B | $899.9M | $971.5M | $953.3M | $960.8M | $991.9M | $1.00B | $978.3M | $998.8M |
| Cost of revenue | $925.9M | $880.5M | $791.6M | $871.1M | $563.0M | $598.7M | $590.9M | $587.9M | $595.0M | $594.2M | $577.6M | $595.2M |
| Gross profit | $548.7M | $523.4M | $448.2M | $421.1M | $336.9M | $372.8M | $362.4M | $372.9M | $396.9M | $410.7M | $400.7M | $403.6M |
| Research & development | $15.4M | $16.2M | $16.6M | $15.8M | $12.1M | $12.4M | $11.5M | $12.8M | $11.8M | $14.5M | $10.7M | $11.1M |
| Sales, general & admin | $295.4M | $289.8M | $249.7M | $250.8M | $156.1M | $151.8M | $144.7M | $149.9M | $149.8M | $164.2M | $156.3M | $152.8M |
| Total operating expenses | $331.0M | $356.6M | $266.6M | $266.8M | $198.3M | $310.7M | $156.3M | $220.6M | $161.5M | $326.7M | $174.6M | $180.2M |
| Operating income | $217.7M | $166.8M | $181.6M | $154.3M | $138.6M | $62.1M | $206.1M | $152.3M | $235.4M | $84.0M | $226.1M | $223.4M |
| Interest income | — | — | $65.6M | $65.4M | $2.9M | $2.9M | $3.8M | $1.9M | — | — | — | $4.5M |
| Interest expense | $61.5M | $59.9M | $65.6M | $67.8M | $37.8M | $11.2M | $11.2M | $9.1M | $1.7M | $9.5M | $3.1M | $4.5M |
| Income before taxes | $157.3M | $46.4M | $110.6M | −$40.0M | $89.7M | $58.8M | $202.3M | $150.4M | $233.9M | $82.0M | $223.6M | $220.8M |
| Income taxes | $53.0M | $17.9M | $41.9M | $15.8M | $27.1M | $15.2M | $60.6M | $67.0M | $78.6M | $26.4M | $78.5M | $69.1M |
| Net income | $104.3M | $28.5M | $68.7M | −$55.8M | $62.6M | $43.6M | $141.7M | $83.4M | $155.3M | $55.6M | $145.1M | $151.7M |
| EBITDA | $326.1M | $269.3M | $323.8M | $154.2M | $225.2M | $94.1M | $261.3M | $211.4M | $285.1M | $153.3M | $280.0M | $270.8M |
| EPS (diluted) | $0.36 | $0.30 | $0.24 | $0.26 | $0.29 | $0.10 | $0.33 | $0.19 | $0.36 | $0.13 | $0.41 | $0.41 |
| Gross margin | 37.2% | 37.3% | 36.2% | 32.6% | 37.4% | 38.4% | 38.0% | 38.8% | 40.0% | 40.9% | 41.0% | 40.4% |
| Operating margin | 14.8% | 11.9% | 14.6% | 11.9% | 15.4% | 6.4% | 21.6% | 15.9% | 23.7% | 8.4% | 23.1% | 22.4% |
| Net margin | 7.1% | 2.0% | 5.5% | −4.3% | 7.0% | 4.5% | 14.9% | 8.7% | 15.7% | 5.5% | 14.8% | 15.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in JHX's financial statements (latest annual report filed May 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
JHX financial results
In fiscal year 2026 (ended March 31, 2026), James Hardie Industries reported revenue of $4.8 billion, up 24.7% from the year before. It had net income of $104.0 million (down 75.5%), a net profit margin of 2.2%. Diluted earnings per share came to $1.09. Over five years revenue grew at an average rate of 10.7% a year.
See the JHX stock overview for the latest quote and news, or the JHX chart for price history and technical indicators.
JHX income statement FAQ
What is James Hardie Industries's annual revenue?
James Hardie Industries reported total revenue of $4.8 billion for fiscal year 2026, which ended on March 31, 2026. That was up 24.7% from $3.9 billion the previous year.
Is James Hardie Industries profitable?
Yes. James Hardie Industries reported net income of $104.0 million in fiscal 2026, a net profit margin of 2.2%; its operating margin was 9.3%.
What is James Hardie Industries's gross margin?
James Hardie Industries's gross margin was 35.8% in fiscal 2026: for every $100 of revenue, James Hardie Industries kept $36 after the direct cost of its products and services.
How much does James Hardie Industries spend on research and development?
James Hardie Industries spent $60.7 million on research and development in fiscal 2026, 1.3% of revenue.
How fast is James Hardie Industries growing?
Revenue grew 10.7% a year on average over the last five fiscal years, from $2.9 billion to $4.8 billion.
What are James Hardie Industries's earnings per share?
James Hardie Industries earned $1.09 per diluted share in fiscal 2026, compared with $0.98 a year earlier.
When will James Hardie Industries report its next earnings?
James Hardie Industries is expected to report results for the quarter ending September 30, 2026 on November 16, 2026.
When does James Hardie Industries's fiscal year end?
James Hardie Industries's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on May 19, 2026.