James Hardie Industries Plc Tangible Net Worth Ratio
James Hardie Industries Plc tangible net worth ratio. James Hardie Industries Plc (JHX) has a Tangible Net Worth Ratio of 44.9% as of December 2025. This metric is calculated by deducting intangible assets (AU$3.53 Billion) from net assets (AU$6.40 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore James Hardie Industries Plc equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of James Hardie Industries Plc (2000–2025)
Tangible net worth ratio of James Hardie Industries Plc from 2000 to 2025. This chart shows how James Hardie Industries Plc's Tangible Net Worth Ratio has changed across 17 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 44.9%, reflecting net assets of AU$6.40 Billion with intangible assets of AU$3.53 Billion AUD. Check JHX strategic asset allocation to assess the company's strategic physical and investment asset allocation.
James Hardie Industries Plc Tangible Net Worth Ratio by Year (2000–2025)
James Hardie Industries Plc tangible net worth ratio by year from 2000 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for James Hardie Industries Plc from 2000 to 2025, covering 17 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see JHX market cap.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 93.3% | AU$2.16 Billion | AU$145.60 Million | AU$5.23 Billion | ▲ +1.3 pp |
| 2024 | 92.0% | AU$1.86 Billion | AU$149.20 Million | AU$4.91 Billion | ▲ +1.6 pp |
| 2023 | 90.4% | AU$1.61 Billion | AU$155.20 Million | AU$4.48 Billion | ▲ +2.6 pp |
| 2022 | 87.8% | AU$1.33 Billion | AU$162.80 Million | AU$4.24 Billion | ▲ +4.2 pp |
| 2021 | 83.6% | AU$1.06 Billion | AU$173.90 Million | AU$4.09 Billion | ▼ -0.4 pp |
| 2020 | 84.0% | AU$1.04 Billion | AU$166.70 Million | AU$4.03 Billion | ▲ +1.9 pp |
| 2019 | 82.1% | AU$974.40 Million | AU$174.40 Million | AU$4.03 Billion | ▼ -17.9 pp |
| 2013 | 100.0% | AU$18.20 Million | AU$0.00 | AU$2.11 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | AU$126.40 Million | AU$0.00 | AU$2.31 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | AU$258.70 Million | AU$0.00 | AU$2.13 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | AU$94.90 Million | AU$0.00 | AU$1.45 Billion | ▲ +0.5 pp |
| 2005 | 99.5% | AU$624.70 Million | AU$3.10 Million | AU$1.09 Billion | ▲ +0.1 pp |
| 2004 | 99.4% | AU$504.70 Million | AU$3.00 Million | AU$971.20 Million | ▲ +0.2 pp |
| 2003 | 99.2% | AU$434.70 Million | AU$3.40 Million | AU$827.60 Million | ▲ +0.2 pp |
| 2002 | 99.0% | AU$370.40 Million | AU$3.60 Million | AU$913.50 Million | ▲ +22.6 pp |
| 2001 | 76.4% | AU$281.10 Million | AU$66.30 Million | AU$969.00 Million | ▼ -15.7 pp |
| 2000 | 92.1% | AU$674.40 Million | AU$53.00 Million | AU$1.70 Billion | — |