James Hardie Industries (ASX:JHX) EBIT: A$718 Mil (TTM As of Mar. 2026)


ASX:JHX James Hardie Industries PLC ASX:JHX
71 GF Score
Price A$37.47
! 8 Warning Signs
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What is James Hardie Industries EBIT?

James Hardie Industries ASX:JHX +1.68% 71 EBIT is A$718 Mil as of Mar. 2026. GuruFocus rates ASX:JHX with a GF Score™ of 71/100. The stock has 8 warning signs investors should review.

James Hardie Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was A$155 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was A$718 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. James Hardie Industries's annualized ROC % for the quarter that ended in Mar. 2026 was 4.13%. James Hardie Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. James Hardie Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.55%.


James Hardie Industries  (ASX:JHX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

James Hardie Industries's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1239.18 * ( 1 - 38.58% )/( (18988.284 + 17834.16)/ 2 )
=761.104356/18411.222
=4.13 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=20775.773 - 1269.468 - ( 518.021 - max(0, 1676.269 - 2586.794+518.021))
=18988.284

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=19506.255 - 1288.485 - ( 383.61 - max(0, 1649.295 - 2603.19+383.61))
=17834.16

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

James Hardie Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=619.588/( ( (5009.844 + max(505.379, 0)) + (4729.29 + max(573.847, 0)) )/ 2 )
=619.588/( ( 5515.223 + 5303.137 )/ 2 )
=619.588/5409.18
=11.45 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(468.055 + 1002.029 + 589.96) - (1269.468 + 0 + 285.197)
=505.379

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(628.425 + 905.872 + 571.568) - (1288.485 + 0 + 243.533)
=573.847

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

James Hardie Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=717.707/28154.876
=2.55 %

* 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.


James Hardie Industries EBIT Related Terms


James Hardie Industries EBIT Historical Data

* Premium members only.

The historical data trend for James Hardie Industries's EBIT can be seen below:

* 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.

James Hardie Industries EBIT Chart

James Hardie Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 925.33 1,139.23 1,174.40 1,040.60 623.87

James Hardie Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.92 259.12 38.51 265.18 154.90

ASX:JHX vs EXP, KNF, USLM: EBIT Comparison

For the Building Materials subindustry, James Hardie Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, James Hardie Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where James Hardie Industries's EV-to-EBIT falls into.


ASX:JHX
71GF Score
James Hardie Industries PLC ASX:JHX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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James Hardie Industries EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was A$718 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$718 Mil mean?
James Hardie Industries (ASX:JHX) has a EBIT of A$718 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on James Hardie Industries.
Is James Hardie Industries' EBIT too high?
James Hardie Industries' current EBIT is A$718 Mil. Overall, James Hardie Industries has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does James Hardie Industries' EBIT compare to EXP and KNF?
James Hardie Industries' EBIT of A$718 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Building Materials company?
A good EBIT depends on the Building Materials industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on James Hardie Industries. James Hardie Industries's current EBIT is A$718 Mil. 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 EBIT of A$718 Mil. The current EBIT is A$718 Mil. James Hardie Industries' overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For James Hardie Industries (ASX:JHX), the current EBIT is A$718 Mil as of Mar. 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 Industries Business Description

Other Exchanges JHX:USAJHIUF:USAJHA:Germany
Address Upper Hatch Street, 1st Floor, Block A, One Park Place, Dublin, IRL, D02 FD79
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.
71GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$37.47
Price