James Hardie Industries plc Net Assets
James Hardie Industries plc net assets. Based on the latest financial reports, James Hardie Industries plc (JHA) has net assets worth €6.54 Billion EUR (≈ $7.65 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€13.49 Billion ≈ $15.78 Billion USD) and total liabilities (€6.95 Billion ≈ $8.13 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See debt-free asset ratio of James Hardie Industries plc to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €6.54 Billion |
| % of Total Assets | 48.47% |
| Annual Growth Rate | N/A |
| 5-Year Change | 382.07% |
| 10-Year Change | N/A |
| Growth Volatility | 64.39 |
Net Assets of James Hardie Industries plc (2017–2026)
Net assets of James Hardie Industries plc from 2017 to 2026. This chart illustrates how James Hardie Industries plc's net assets have evolved over time, based on quarterly financial data. Also explore how fast is James Hardie Industries plc growing its equity to track the company's year-over-year net asset growth rate.
Annual Net Assets for James Hardie Industries plc (2017–2026)
The table below shows the annual net assets of James Hardie Industries plc from 2017 to 2026. For live market cap and overall valuation, see JHA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | €6.43 Billion ≈ $7.51 Billion |
+197.27% |
| 2025-03-31 | €2.16 Billion ≈ $2.53 Billion |
+16.28% |
| 2024-03-31 | €1.86 Billion ≈ $2.17 Billion |
+15.36% |
| 2023-03-31 | €1.61 Billion ≈ $1.88 Billion |
+20.89% |
| 2022-03-31 | €1.33 Billion ≈ $1.56 Billion |
+25.65% |
| 2021-03-31 | €1.06 Billion ≈ $1.24 Billion |
+2.46% |
| 2020-03-31 | €1.04 Billion ≈ $1.21 Billion |
+6.25% |
| 2019-03-31 | €974.40 Million ≈ $1.14 Billion |
+539.91% |
| 2018-03-31 | €-221.50 Million ≈ $-258.96 Million |
-4.38% |
| 2017-03-31 | €-212.20 Million ≈ $-248.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to James Hardie Industries plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 244260000000.0% over the analyzed period, indicating profitable operations and earnings retention.
James Hardie Industries plc Net Assets Breakdown (March 2026)
James Hardie Industries plc net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.83 Billion | 28.48% |
| Other Components | €4.60 Billion | 71.52% |
| Total Equity | €6.43 Billion | 100.00% |
James Hardie Industries plc Competitors by Market Cap
The table below lists competitors of James Hardie Industries plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Three Gorges New Energy Group Co Ltd
SHG:600905
|
$14.18 Billion |
|
PTC Inc
NASDAQ:PTC
|
$14.19 Billion |
|
CG Power and Industrial Solutions Limited
NSE:CGPOWER
|
$14.20 Billion |
|
Uni-President Enterprises Corp
TW:1216
|
$14.25 Billion |
|
BE SEMICON.INDS NY EO091
F:BSIA
|
$14.16 Billion |
|
EchoStar Corporation
NASDAQ:ECHO
|
$14.14 Billion |
|
PICC Property and Casualty Company Limited
F:PJC
|
$14.14 Billion |
|
ARC Resources Ltd.
TO:ARX
|
$14.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in James Hardie Industries plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 2,161,500,000 to 6,425,500,000, a change of 4,264,000,000 (197.3%).
- Net income of 104,000,000 contributed positively to equity growth.
- Share repurchases of 13,700,000 reduced equity.
- Other factors increased equity by 4,173,700,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €104.00 Million | +1.62% |
| Share Repurchases | €13.70 Million | -0.21% |
| Other Changes | €4.17 Billion | +64.96% |
| Total Change | €- | 197.27% |
Book Value vs Market Value Analysis
This analysis compares James Hardie Industries plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €-0.48 | €22.20 | x |
| 2018-03-31 | €-0.50 | €22.20 | x |
| 2019-03-31 | €2.20 | €22.20 | x |
| 2020-03-31 | €2.34 | €22.20 | x |
| 2021-03-31 | €2.39 | €22.20 | x |
| 2022-03-31 | €2.99 | €22.20 | x |
| 2023-03-31 | €3.65 | €22.20 | x |
| 2024-03-31 | €4.29 | €22.20 | x |
| 2025-03-31 | €5.03 | €22.20 | x |
| 2026-03-31 | €11.08 | €22.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently James Hardie Industries plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.15%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.13x
- Recent ROE (1.62%) is below the historical average (18.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 14.39% | 0.95x | 0.00x | €297.72 Million |
| 2018 | 0.00% | 7.11% | 0.87x | 0.00x | €168.25 Million |
| 2019 | 23.48% | 9.13% | 0.62x | 4.14x | €131.36 Million |
| 2020 | 23.33% | 9.26% | 0.65x | 3.89x | €137.97 Million |
| 2021 | 24.77% | 9.03% | 0.71x | 3.85x | €156.72 Million |
| 2022 | 34.44% | 12.70% | 0.85x | 3.18x | €325.81 Million |
| 2023 | 31.77% | 13.56% | 0.84x | 2.78x | €350.86 Million |
| 2024 | 27.45% | 12.96% | 0.80x | 2.64x | €324.31 Million |
| 2025 | 19.62% | 10.93% | 0.74x | 2.42x | €207.85 Million |
| 2026 | 1.62% | 2.15% | 0.35x | 2.13x | €-538.55 Million |
Industry Comparison
This section compares James Hardie Industries plc's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $28,071,933,441
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| James Hardie Industries plc (JHA) | €6.54 Billion | 0.00% | 1.06x | $14.16 Billion |
| Asia Cement (China) Holdings Corporation (4OJ) | $9.64 Billion | 1.39% | 0.65x | $304.08 Million |
| TECNOGLASS INC. DL-0001 (7FH) | $350.32 Million | 44.46% | 1.10x | $1.72 Billion |
| ROCCA SA ZY -05 (82J) | $2.35 Million | -28.39% | 0.53x | $5.26 Million |
| Loma Negra Compañía Industrial Argentina Sociedad Anónima (8LN) | $16.55 Billion | 10.87% | 0.99x | $1.08 Billion |
| BBMG Corporation (9BM) | $95.53 Billion | 3.07% | 2.00x | $161.32 Million |
| Anhui Conch Cement Company Limited (AQE) | $73.91 Billion | 10.17% | 0.43x | $2.70 Billion |
| Cemex SAB de CV ADR (CEXA) | $9.50 Billion | 7.13% | 2.05x | $14.44 Billion |
| China National Building Material Company Limited (D1Y) | $73.49 Billion | 1.83% | 3.49x | $1.41 Billion |
| Cementos Pacasmayo S.A.A (EPCC) | $1.51 Billion | 6.22% | 0.87x | $916.15 Million |
| Pilkington Deutschland AG (FDD) | $238.95 Million | 8.91% | 0.97x | $693.86 Million |
About James Hardie Industries plc
James Hardie Industries plc engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand. It operates through four segments: Siding & Trim, Deck, Rail & Accessories, Australia & New Zealand, and Europe. The Siding & Trim segment manufactures fiber cement and PVC siding and trim products, mouldings, interior li… Read more