JHX (James Hardie Industries) ROCE %: 3.45% (As of Mar. 2026)


JHX James Hardie Industries PLC JHX
46 GF Score
Price $26.02
! 8 Warning Signs
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What is James Hardie Industries ROCE %?

James Hardie Industries JHX +0.77% 46 ROCE % is 3.45% as of Mar. 2026. GuruFocus rates JHX with a GF Score™ of 46/100. The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. James Hardie Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.45%.

James Hardie Industries  (NYSE:JHX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

James Hardie Industries ROCE % Related Terms

James Hardie Industries ROCE % Historical Data

* Premium members only.

The historical data trend for James Hardie Industries's ROCE % 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 ROCE % Chart

James Hardie Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.49 20.96 19.50 15.37 5.17

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
ROCE % 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 5.71 13.02 1.08 5.50 3.45
JHX
46GF Score
James Hardie Industries PLC JHX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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James Hardie Industries ROCE % Calculation

James Hardie Industries's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=437.8/( ( (5229.9 - 810.2) + (13688.6 - 1157.4) )/ 2 )
=437.8/( (4419.7+12531.2)/ 2 )
=437.8/8475.45
=5.17 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=434.8/( ( (13804.5 - 1113.8) + (13688.6 - 1157.4) )/ 2 )
=434.8/( ( 12690.7 + 12531.2 )/ 2 )
=434.8/12610.95
=3.45 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 3.45% mean?
James Hardie Industries (JHX) has a ROCE % of 3.45% as of Mar. 2026.
Is James Hardie Industries' ROCE % too high?
James Hardie Industries' current ROCE % is 3.45%. The Building Materials industry median ROCE % is 6.00. James Hardie Industries' value of 3.45% is 42.5% below this industry median. Overall, James Hardie Industries has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does James Hardie Industries' ROCE % compare to EXP and KNF?
James Hardie Industries' ROCE % of 3.45% can be compared against companies in the Building Materials industry. The industry median ROCE % is 6.00. James Hardie Industries' value of 3.45% is 42.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Building Materials company?
The median ROCE % among Building Materials companies is 6.00, based on 406 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. James Hardie Industries's current ROCE % of 3.45% is 42.5% below 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Building Materials industry, the median ROCE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. James Hardie Industries's current ROCE % is 3.45%. 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 (JHX) has a current ROCE % of 3.45%. The current ROCE % is 3.45% and 42.5% below the Building Materials industry median of 6.00. James Hardie Industries' overall GF Score™ is 46/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For James Hardie Industries (JHX), the current ROCE % is 3.45% 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

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.
46GF Score

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

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