James Hardie Industries PLC

JHX

Equity

ISIN US47030M1062 / Valor 1315787

New York Stock Exchange, Inc (2025-03-14)

USD 31.96+3.40%

James Hardie Industries PLC
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About company

James Hardie Industries PLC stands as the premier global entity in the production and marketing of high-performance fiber cement and fiber gypsum building solutions, holding the position of the world's leading producer in this niche. With a rich history dating back to 1888, when James Hardie immigrated from Scotland to Australia, the company has evolved into a multinational corporation, headquartered in Ireland, with a significant presence across North America, Europe, Australia, New Zealand, and the Philippines. Throughout the 2022 financial year, James Hardie Industries generated over $3.6 billion in net sales, a testament to its robust market position and the demand for its building products. The company employs approximately 5,200 individuals globally, demonstrating a commitment to innovation, quality, and safety in the building industry. James Hardie Industries caters to both homeowners and building professionals, offering a range of products that not only meet aesthetic and design preferences but also ensure durability and protection. The company's operations are deeply integrated into the local communities where it operates, emphasizing local sourcing, employment, and service delivery. This approach underlines James Hardie's global reach while maintaining a local focus, ensuring that it remains a key player in the building materials sector.

Summarized from source with an LLMView SourceSector: Industrials

Revenue and Sales

In the second quarter of fiscal year 2025, James Hardie Industries PLC reported net sales of $961 million, marking a 4% decrease compared to the previous year. This decline was primarily driven by lower volumes, although it was partially offset by an increase in the average net sales price across all regions.

Operating Income and Margins

James Hardie Industries PLC achieved a GAAP operating income of $152 million for the second quarter of FY25, with an operating margin of 15.9%. The adjusted EBITDA for the quarter was $263 million, reflecting an 8% decrease, and the adjusted EBITDA margin stood at 27.4%, down by 120 basis points.

Net Income and Earnings Per Share

The company reported a GAAP net income of $83 million for the second quarter of FY25, resulting in a GAAP diluted earnings per share (EPS) of $0.19. Adjusted net income was $157 million, a 12% decrease from the previous year, with an adjusted diluted EPS of $0.36, down by 11%.

North America Segment Performance

In North America, James Hardie Industries PLC experienced a 5% decrease in net sales due to a 7% drop in volumes, despite a higher average net sales price. The EBIT margin for this segment decreased by 270 basis points to 29.0%, influenced by higher raw material costs and unfavorable production cost absorption.

Market Outlook and Future Plans

Looking ahead, James Hardie Industries PLC expects North American volumes to reach at least 2.95 billion standard feet for FY25, with an EBIT margin of at least 29.3%. The company is planning for growth in net sales and EBITDA in FY26, with a focus on expanding its market share and improving profitability through strategic investments and operational efficiencies.

Summarized from source with an LLMView Source

Key figures

-20.7%1Y

1.30%3Y

115%5Y

Performance

38.0%1Y

39.6%3Y

43.4%5Y

Volatility