Is it safe?
Can JHX take a bad year?
James Hardie Industries plc carries $4.27B of net debt at 4.53× EBITDA: a heavy load to carry through a bad year.
$4.27B
Net debt · as at FY2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.53×
Net debt / EBITDA · 0.64× a year ago · the load is going up
- Interest cover
- 1.94×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 52%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtFY2026
- $4.54B
- Cash and short-term investments
- $269M
- Net debt
- $4.27B
- EBITDA, trailing twelve months
- $941M
- Operating profit, trailing twelve months
- $448M
- Debt / equity
- 0.71×
- Total debt / EBITDA
- 4.82×
- Annualised volatilitytwo years of daily moves
- 52%
- Worst drawdown on file
- −60%
- Below its 52-week high
- −3.1%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Building Materials
Ranks #10 of 11 by Smart Score