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James Hardie IndustriesASX:JHX +5.78%69 Debt-to-EBITDA is 2.92 as of Jun. 2026, which is 99% above its 10-year median of 1.47. GuruFocus rates ASX:JHX with a GF Score™ of 69/100. The stock has 9 warning signs investors should review. Among 334 Building Materials companies, James Hardie Industries ranks worse than 70.66% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for James Hardie Industries's Debt-to-EBITDA or its related term are showing as below:
ASX:JHX'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.13 Med: 1.47 Max: 5.14
Current: 3.98
During the past 13 years, the highest Debt-to-EBITDA Ratio of James Hardie Industries was 5.14. The lowest was 1.13. And the median was 1.47.
ASX:JHX's Debt-to-EBITDA is ranked worse than 70.66% of 334
companies
in the Building Materials industry
Industry Median: 2.27
vs ASX:JHX: 3.98
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
James Hardie Industries Debt-to-EBITDA Related Terms
James Hardie Industries Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASX:JHX vs EXP, KNF, USLM: Debt-to-EBITDA Comparison
For the Building Materials subindustry, James Hardie Industries's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
James Hardie Industries Debt-to-EBITDA vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, James Hardie Industries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where James Hardie Industries's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
James Hardie Industries (ASX:JHX) has a Debt-to-EBITDA of 2.92 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on James Hardie Industries. This is 99% above median its historical median of 1.47. Over the past decade, James Hardie Industries' Debt-to-EBITDA has ranged from 1.13 to 5.14. According to the industry distribution chart, James Hardie Industries ranks #236 out of 334 companies in the Building Materials industry, placing it in the top 70.7%.
Is James Hardie Industries' Debt-to-EBITDA too high?
James Hardie Industries' current Debt-to-EBITDA of 2.92 is 99% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 5.14. The Building Materials industry median Debt-to-EBITDA is 2.27. James Hardie Industries' value of 2.92 is 28.6% above this industry median. Based on the distribution chart, James Hardie Industries ranks #236 out of 334 companies in the Building Materials industry, which is below the industry midpoint. Overall, James Hardie Industries has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does James Hardie Industries' Debt-to-EBITDA compare to EXP and KNF?
According to the Building Materials industry distribution chart, James Hardie Industries ranks #236 out of 334 companies for Debt-to-EBITDA. This places James Hardie Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 2.27. James Hardie Industries' value of 2.92 is 28.6% above this benchmark. Historically, James Hardie Industries' own Debt-to-EBITDA has ranged from 1.13 to 5.14 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 2.27, James Hardie Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Building Materials company?
The median Debt-to-EBITDA among Building Materials companies is 2.27, based on 334 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. James Hardie Industries's current Debt-to-EBITDA of 2.92 is 28.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on James Hardie Industries. For the Building Materials industry, the median Debt-to-EBITDA is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. James Hardie Industries's current Debt-to-EBITDA is 2.92, which is 99% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is James Hardie Industries stock overvalued right now?
James Hardie Industries (ASX:JHX) has a current Debt-to-EBITDA of 2.92. The current Debt-to-EBITDA is 2.92, which is 99% above median its 10-year median of 1.47 and 28.6% above the Building Materials industry median of 2.27. James Hardie Industries' overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For James Hardie Industries (ASX:JHX), the current Debt-to-EBITDA is 2.92 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
James Hardie is a manufacturer of fiber cement-based building products, selling primarily to the residential construction industry. North America is the primary geography, generating about 80% of group earnings. Here, it is the largest manufacturer of fiber cement, which is mainly used for exterior siding on houses. Following the Azek acquisition in 2025, it also produces wooden composite decking materials, siding trims, and accessories for outdoor areas including stair and deck railing. Businesses in Australia, New Zealand, and Europe, make up the rest of earnings.
69GF Score
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