James Hardie Industries plc (JHX) financial statements: income statement, balance sheet and cash flow
James Hardie Industries plc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Mar 31, 2026 · FY), James Hardie Industries plc reported revenue of $4.8B (+24.7% year on year) and net income of $104.0M (-75.5% year on year).
Income statement
James Hardie Industries plc income statement, fiscal years
Line item
Mar 31, 2026 · FY
Mar 31, 2025 · FY
Mar 31, 2024 · FY
Mar 31, 2023 · FY
Net sales
$4.8B
$3.9B
$3.9B
$3.8B
Cost of goods sold
$3.1B
$2.4B
$2.3B
$2.5B
Gross profit
$1.7B
$1.5B
$1.6B
$1.3B
Selling, general and administrative expenses
$946.4M
$596.2M
$602.2M
$494.0M
Research and development expenses
$60.7M
$48.5M
$47.0M
$39.6M
Restructuring, net
$16.2M
$50.3M
—
—
Acquisition related expenses
$206.9M
$16.5M
—
—
Asbestos adjustments
$51.8M
$137.6M
$151.7M
$37.0M
Operating income
$447.6M
$655.9M
$767.4M
$741.4M
Interest, net
$231.1M
$10.3M
$15.3M
$30.7M
Other expense (income), net
$9.8M
$200.0K
($2.7M)
($12.8M)
Income before income taxes
$206.7M
$645.4M
$754.8M
$723.5M
Income tax expense
$102.7M
$221.4M
$244.6M
$211.5M
Basic (in dollars per share)
$0.19
$0.98
$1.16
$1.15
Diluted (in dollars per share)
$0.19
$0.98
$1.16
$1.15
Basic (in shares)
541.8M
430.8M
438.4M
445.1M
Diluted (in shares)
545.5M
432.1M
439.6M
445.6M
Net income
$104.0M
$424.0M
$510.2M
$512.0M
Cash flow hedges
$3.3M
($100.0K)
—
—
Pension adjustments
$1.0M
$100.0K
($500.0K)
$2.1M
Currency translation adjustments
$7.6M
$1.6M
($14.5M)
($33.4M)
Reclassification of other comprehensive income
$0
$8.5M
—
—
Comprehensive income
$115.9M
$434.1M
$495.2M
$480.7M
James Hardie Industries plc income statement, quarters
Line item
Jun 30, 2026 · Q1
Net sales
$1.5B
Cost of goods sold
$925.9M
Gross profit
$548.7M
Selling, general and administrative expenses
$295.4M
Research and development expenses
$15.4M
Restructuring expenses
$5.2M
Acquisition related expenses
$16.6M
Asbestos adjustments
($1.6M)
Operating income
$217.7M
Interest, net
$61.5M
Other (income) expense, net
($1.1M)
Income before income taxes
$157.3M
Income tax expense
$53.0M
Basic (in dollars per share)
$0.18
Diluted (in dollars per share)
$0.18
Basic (in shares)
580.3M
Diluted (in shares)
584.3M
Net income
$104.3M
Currency translation adjustments
($8.6M)
Cash flow hedges
$5.3M
Comprehensive income
$101.0M
Balance sheet
James Hardie Industries plc balance sheet, fiscal years
Line item
Mar 31, 2026 · FY
Mar 31, 2025 · FY
Mar 31, 2024 · FY
Mar 31, 2023 · FY
Cash and cash equivalents
$269.2M
$562.7M
$365.0M
$113.0M
Restricted cash and cash equivalents
$5.0M
$5.0M
$5.0M
$5.0M
Restricted cash and cash equivalents - Asbestos
$70.2M
$37.9M
$45.8M
$67.6M
Restricted short-term investments - Asbestos
$198.5M
$175.8M
$178.4M
$140.9M
Accounts and other receivables, net
$517.3M
$391.8M
$366.1M
$354.8M
Inventories
$635.7M
$347.1M
$337.8M
$344.2M
Prepaid expenses and other current assets
$113.6M
$100.6M
$68.2M
$41.0M
Assets held for sale
$10.9M
$73.1M
$55.4M
—
Insurance receivable - Asbestos
$3.5M
$5.5M
$5.1M
$6.8M
Total current assets
$1.8B
$1.7B
$1.4B
$1.1B
Property, plant and equipment, net
$3.1B
$2.2B
$2.0B
$1.8B
Operating lease right-of-use-assets
$133.4M
$70.4M
$60.9M
$59.4M
Finance lease right-of-use-assets
$100.8M
—
—
$2.0M
Goodwill
$4.8B
$193.7M
$192.6M
$194.9M
Intangible assets, net
$3.3B
$145.6M
$149.2M
$155.2M
Insurance receivable - Asbestos
$20.8M
$23.2M
$26.4M
$28.2M
Deferred income taxes
$73.3M
$600.4M
$690.4M
$755.6M
Deferred income taxes - Asbestos
$282.5M
$284.5M
$294.0M
$298.6M
Other assets
$27.2M
$24.8M
$19.3M
$17.9M
Total assets
$13.7B
$5.2B
$4.9B
$4.5B
Accounts payable and accrued liabilities
$712.5M
$446.4M
$463.3M
$387.7M
Accrued payroll and employee benefits
$167.9M
$133.3M
$143.3M
$108.3M
Operating lease liabilities
$32.9M
$21.6M
$19.0M
$18.1M
Finance lease liabilities
$5.6M
—
—
$800.0K
Long-term debt, current portion
$43.8M
$9.4M
$7.5M
—
Accrued product warranties
$10.7M
$7.3M
$7.3M
$5.4M
Income taxes payable
$13.1M
$10.3M
$13.0M
$15.4M
Asbestos liability
$128.3M
$119.4M
$116.7M
$119.4M
Workers’ compensation - Asbestos
$2.9M
$2.3M
$1.6M
$1.8M
Other liabilities
$39.7M
$60.2M
$26.0M
$40.4M
Total current liabilities
$1.2B
$810.2M
$797.7M
$697.3M
Long-term debt
$4.5B
$1.1B
$1.1B
$1.1B
Deferred income taxes
$399.7M
$121.1M
$107.5M
$93.6M
Operating lease liabilities
$114.3M
$63.9M
$59.4M
$61.1M
Finance lease liabilities
$97.9M
—
—
$1.4M
Accrued product warranties
$53.3M
$26.9M
$28.9M
$30.2M
Asbestos liability
$880.3M
$864.2M
$873.0M
$857.7M
Workers’ compensation - Asbestos
$18.7M
$16.5M
$13.6M
$16.4M
Other liabilities
$50.3M
$55.5M
$58.5M
$48.7M
Total liabilities
$7.3B
$3.1B
$3.1B
$2.9B
Common stock, Euro 0.59 par value, 2.0 billion shares authorized; 580,174,308 shares issued and outstanding at March 31, 2026 and 429,818,781 shares issued and outstanding at March 31, 2025
326.7M
222.1M
224.7M
230.0M
Additional paid-in capital
$4.3B
$271.9M
$256.5M
$237.9M
Retained earnings
$1.8B
$1.7B
$1.4B
$1.2B
Accumulated other comprehensive loss
($46.3M)
($58.2M)
($68.3M)
($53.3M)
Total shareholders’ equity
$6.4B
$2.2B
$1.9B
$1.6B
James Hardie Industries plc balance sheet, quarters
Line item
Jun 30, 2026
Cash and cash equivalents
$289.9M
Restricted cash and cash equivalents
$32.1M
Restricted short-term investments — Asbestos
$212.9M
Accounts and other receivables, net
$499.6M
Inventories
$612.1M
Prepaid expenses and other current assets
$101.8M
Assets held for sale
$10.8M
Total current assets
$1.8B
Property, plant and equipment, net
$3.1B
Operating lease right-of-use assets
$130.3M
Finance lease right-of-use assets
$97.7M
Goodwill
$4.8B
Intangible assets, net
$3.3B
Deferred income taxes
$71.3M
Deferred income taxes — Asbestos
$276.3M
Other assets
$70.9M
Total assets
$13.5B
Accounts payable and accrued liabilities
$699.6M
Accrued payroll and employee benefits
$124.7M
Operating lease liabilities
$33.6M
Finance lease liabilities
$6.3M
Long-term debt, current portion
$43.8M
Accrued product warranties
$11.1M
Income taxes payable
$26.5M
Asbestos liability
$128.8M
Other liabilities
$35.1M
Total current liabilities
$1.1B
Long-term debt
$4.2B
Deferred income taxes
$426.3M
Operating lease liabilities
$109.5M
Finance lease liabilities
$95.9M
Accrued product warranties
$53.9M
Asbestos liability
$851.4M
Other liabilities
$73.4M
Total liabilities
$7.0B
Common stock, Euro 0.59 par value, 2.0 billion shares authorized; 580,354,409 shares issued and outstanding at June 30, 2026 and 580,174,308 shares issued and outstanding at March 31, 2026
326.8M
Additional paid-in capital
$4.3B
Retained earnings
$1.9B
Accumulated other comprehensive loss
($49.6M)
Total shareholders’ equity
$6.5B
Total liabilities and shareholders’ equity
$13.5B
Cash flow statement
James Hardie Industries plc cash flow statement, fiscal years
Line item
Mar 31, 2026 · FY
Mar 31, 2025 · FY
Mar 31, 2024 · FY
Mar 31, 2023 · FY
Net income
$104.0M
$424.0M
$510.2M
$512.0M
Depreciation and amortization
$493.5M
$216.2M
$185.0M
$172.6M
Lease expense
$41.8M
$32.9M
$26.9M
$23.4M
Deferred income taxes
($17.9M)
$62.1M
$34.6M
$48.4M
Share-based compensation
$38.0M
$23.0M
$28.2M
$15.7M
Asbestos adjustments
$51.8M
$137.6M
$151.7M
$37.0M
Gain on sale of land
($26.2M)
$0
($2.0M)
($12.7M)
Non-cash restructuring expenses
$23.5M
$38.2M
—
—
Non-cash interest expense
$8.8M
—
—
—
Non-cash charge related to step up of inventory
$47.9M
—
—
—
Other, net
$41.5M
$21.1M
$32.2M
$22.7M
Accounts and other receivables
($15.6M)
($28.9M)
($19.7M)
$32.1M
Inventories
($48.5M)
($15.7M)
$3.4M
($70.8M)
Operating lease assets and liabilities, net
($47.3M)
($34.0M)
($28.0M)
—
Prepaid expenses and other assets
($1.2M)
($40.6M)
($21.5M)
($12.3M)
Insurance receivable - Asbestos
$3.8M
$3.9M
$5.6M
$6.2M
Accounts payable and accrued liabilities
$30.2M
$18.3M
$47.4M
($63.2M)
Claims and handling costs paid - Asbestos
($107.0M)
($114.4M)
($116.0M)
($107.9M)
Income taxes payable
$2.2M
($2.7M)
($4.9M)
$5.5M
Other accrued liabilities and interest
($33.5M)
—
—
—
Net cash provided by operating activities
$589.8M
$802.8M
$914.2M
$607.6M
Purchases of property, plant and equipment
($383.9M)
($422.2M)
($449.3M)
($591.3M)
Proceeds from sale of property, plant and equipment
$108.2M
$400.0K
$4.2M
$14.1M
Capitalized interest
($6.1M)
($21.0M)
($19.5M)
($8.5M)
Cash consideration for The AZEK Company acquisition, net of cash acquired
($3.9B)
—
—
—
Purchase of restricted investments - Asbestos
($190.1M)
($183.1M)
($144.2M)
($180.1M)
Proceeds from restricted investments - Asbestos
$183.2M
$179.2M
$138.3M
$105.7M
Net cash used in investing activities
($4.2B)
($446.7M)
($470.5M)
($660.1M)
Proceeds from term loans
$2.5B
—
—
—
Proceeds from senior secured notes
$1.7B
—
—
—
Proceeds from revolving credit facilities
$130.0M
$0
$95.0M
$450.0M
Repayments of term loans
($323.4M)
($7.5M)
($1.9M)
—
Repayments of revolving credit facilities
($130.0M)
$0
($325.0M)
($260.0M)
Repayment of senior unsecured notes
($465.2M)
—
—
$0
Debt issuance costs paid
($41.6M)
$0
($1.2M)
$0
Proceeds from issuance of shares
0
0
400.0K
200.0K
Proceeds from exercise of vested stock options
$1.7M
—
—
—
Share issuance costs due to AZEK acquisition
($2.1M)
—
—
—
Repayment of finance lease obligations
($4.8M)
($1.2M)
($1.1M)
($1.5M)
Shares repurchased
0
-149.9M
-271.4M
-78.4M
Shares issued, net of cash paid for shares withheld for taxes
-13.7M
-7.3M
-4.9M
-6.1M
Net cash provided by (used in) financing activities
$3.4B
($165.9M)
($210.1M)
($25.4M)
Effects of exchange rate changes on cash and cash equivalents, restricted cash and restricted cash - Asbestos
$6.6M
($400.0K)
($3.4M)
($8.4M)
Net (decrease) increase in cash and cash equivalents, restricted cash and restricted cash - Asbestos
($261.2M)
$189.8M
$230.2M
($86.3M)
Cash and cash equivalents, restricted cash and restricted cash - Asbestos at beginning of period
$605.6M
$415.8M
$185.6M
$271.9M
James Hardie Industries plc cash flow statement, quarters
Line item
Jun 30, 2026 · Q1
Net income
$104.3M
Depreciation and amortization
$168.8M
Lease expense
$12.5M
Deferred income taxes
$29.0M
Share-based compensation
$12.0M
Asbestos adjustments
($1.6M)
Non-cash restructuring expenses
$1.7M
Non-cash interest expense
$2.9M
Other, net
$7.3M
Accounts and other receivables
$56.0M
Inventories
$26.0M
Operating lease assets and liabilities, net
($14.3M)
Prepaid expenses and other assets
($20.6M)
Insurance receivable — Asbestos
$800.0K
Accounts payable and accrued liabilities
($10.8M)
Claims and handling costs paid — Asbestos
($33.1M)
Income taxes payable
$13.6M
Other accrued liabilities and interest
($10.5M)
Net cash provided by operating activities
$344.0M
Purchases of property, plant and equipment
($89.8M)
Capitalized interest
$0
Purchase of restricted investments — Asbestos
($76.1M)
Proceeds from restricted investments — Asbestos
$62.3M
Net cash used in investing activities
($103.6M)
Proceeds from senior secured notes
$0
Proceeds from revolving facility
$530.0M
Repayments of term loans
($10.9M)
Repayments of revolving facility
($380.0M)
Repayment of senior unsecured notes
($400.0M)
Debt issuance costs paid
$0
Proceeds from exercise of vested stock options
$1.0M
Repayment of finance lease obligations
($1.4M)
Cash paid for shares withheld for taxes
-100.0K
Net cash (used in) provided by financing activities
($261.4M)
Effects of exchange rate changes on cash and cash equivalents, restricted cash and restricted cash — Asbestos
($1.4M)
Net (decrease) increase in cash and cash equivalents, restricted cash and restricted cash — Asbestos
($22.4M)
Cash and cash equivalents, restricted cash and restricted cash — Asbestos at beginning of period
$344.4M
Cash and cash equivalents, restricted cash and restricted cash — Asbestos at end of period
$322.0M
Capital expenditures incurred but not yet paid
$27.1M
Non-cash ROU assets obtained in exchange for new lease liabilities