JHX vs OTIS vs SMID Stock Comparison

James Hardie Industries, Otis Worldwide and Smith Midland Prices as of Oct 29, 2026 Peers: Industry group
OTIS Otis Worldwide Corp
$74.64 +13.7% 1M -20.1% 1Y
Market cap
$28.86B
P/E
18.5x
Revenue (TTM)
$15.14B
Div. yield
0.02%
Building Products Industrials
5 wins
SMID Smith Midland Corp
$22.34 -4.9% 1M -40.6% 1Y
Market cap
$119.14M
P/E
15.4x
Revenue (TTM)
$89.50M
Div. yield
–
Building Products Industrials
4 wins

Head to Head

11 decided of 12

Otis Worldwide leads on 5 of the 12 questions below (Otis Worldwide 5, Smith Midland 4, James Hardie Industries 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJHXOTISSMIDLeader
Larger companyMarket capitalisation $15.77B $28.86B $119.14M OTIS
Cheaper on earningsLower P/E, profitable companies only 108.2x 18.5x 15.4x SMID
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.1x 19.1x — OTIS
Faster revenue growthRevenue growth, trailing twelve months +42.9% +5.8% -1.6% JHX
More profitableNet margin, trailing twelve months 2.7% 10.3% 8.6% OTIS
Better return on capitalReturn on invested capital 2.6% 62.2% 12.8% OTIS
Less leveragedLower net debt / EBITDA 3.5x 3.0x -0.5x SMID
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months +26.0% -20.1% -40.6% JHX
Better 5-year returnAnnualised price return, 5 years -7.3%/yr -1.5%/yr +2.2%/yr SMID
Less volatileAnnualised volatility, 1 year 44.9% 22.8% 51.1% OTIS
Higher overall scoreMean of the five percentile scores vs peers 36/100 46/100 80/100 SMID

Percentile Scorecard

JHXOTISSMID

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisJHXOTISSMID
Valuation 24 #42 of 55 54 #26 of 55 82 #11 of 55
Growth 50 #26 of 51 52 #25 of 51 82 #10 of 51
Profitability 46 #27 of 49 75 #13 of 49 65 #18 of 49
Financial Health 33 #37 of 55 13 #48 of 55 93 #5 of 55
Shareholder Returns 26 #30 of 40 36 #26 of 40 –
Overall 36 46 80
  • JHX ranked among 59 companies in Construction Products
  • OTIS ranked among 59 companies in Construction Products
  • SMID ranked among 59 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodJHXOTISSMIDSPY
1 month +7.3%+13.7%-4.9% +0.7%
3 months +1.7%+4.1%-21.5% +3.7%
6 months +28.3%-4.2%-33.9% +7.1%
Year to date +29.7%-14.6%-38.5% +12.8%
1 year +26.0%-20.1%-40.6% +11.9%
3 years +8.4%-2.5%+10.9% +85.2%
3 years, per year +2.7%-0.8%+3.5% +22.8%
5 years -31.6%-7.1%+11.7% +67.6%
5 years, per year -7.3%-1.5%+2.2% +10.9%
10 years +80.4%—+522.3% +262.0%
10 years, per year +6.1%—+20.1% +13.7%

Risk

MeasureJHXOTISSMIDSPY
Volatility, 1Y 44.9%22.8%51.1% 12.7%
Downside volatility, 1Y 41.0%23.4%51.7% 12.6%
Beta vs S&P 500, 1Y 1.700.210.97 1.00
Return / volatility, 1Y 0.58-0.88-0.80 0.94
Max drawdown, 5Y -60.3%-39.6%-72.4% -25.4%
From 52-week high -13.4%-20.3%-43.9% -1.2%
52-week high $31.09$93.62$39.82 $779.14
52-week low $16.69$64.07$21.20 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleJHXOTISSMID
P/E now vs peer median 107.2xmedian 20.3x 18.3xmedian 20.3x 15.3xmedian 20.3x
P/S now vs peer median 2.9xmedian 1.6x 1.9xmedian 1.6x 1.3xmedian 1.6x
EV/EBITDA now vs peer median 17.4xmedian 12.6x 14.4xmedian 12.6x 7.8xmedian 12.6x
P/FCF now vs peer median 43.8xmedian 16.9x 17.0xmedian 16.9x 28.4xmedian 16.9x
P/B now vs peer median 2.4xmedian 3.0x -5.2xmedian 3.0x 2.1xmedian 3.0x
PEG now vs peer median -2.70median 1.13 2.65median 1.13 0.11median 1.13

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsJHXOTISSMID
Revenue $5.41B $15.14B $89.50M
Gross profit $1.94B $4.53B $21.00M
Operating income $526.70M $2.32B $10.80M
Net income $145.70M $1.61B $7.73M
Free cash flow $356.40M $1.67B $4.17M
R&D $64.00M $158.00M –
EPS (diluted) $0.25 $4.07 $1.46
Cash & equivalents $289.90M $866.00M $10.66M
Total debt $4.28B $8.28B $17.45M
Shares (diluted) 584.30M 381.90M 5.31M
Enterprise value $14.84B $25.25B $70.00M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricJHXOTISSMID
P/E 107.2x 18.3x 15.3x
P/FCF 43.8x 17.0x 28.4x
P/Operating cash flow 21.5x 15.5x 8.2x
P/S 2.9x 1.9x 1.3x
P/B 2.4x -5.2x 2.1x
P/Tangible book 4.8x -4.9x 3.7x
EV/EBITDA 17.4x 14.4x 7.8x
EV/EBIT 37.2x 15.4x 10.4x
EV/Revenue 3.6x 2.4x 1.3x
EV/FCF 55.0x 21.4x 26.9x
EV/Operating cash flow 27.0x 19.5x 7.7x
PEG (3Y EPS CAGR) -2.70 2.65 0.11

Growth

14 metrics
MetricJHXOTISSMID
Revenue growth (1Y) 42.9% 5.8% -1.6%
Revenue CAGR (3Y) 13.2% 2.6% 18.4%
Gross profit growth (1Y) 34.4% 4.3% -18.4%
Gross profit CAGR (3Y) 13.0% 2.5% 35.0%
Operating income growth (1Y) -5.8% 12.0% -30.8%
Operating income CAGR (3Y) -11.3% 2.5% 134.1%
Net income growth (1Y) -56.0% 13.2% -49.1%
Net income CAGR (3Y) -34.0% 3.1% 136.0%
EPS growth (1Y) -67.6% 18.8% -35.9%
EPS CAGR (3Y) -39.7% 6.9% 135.4%
Operating cash flow growth (1Y) -11.8% 24.8% 92.5%
Operating cash flow CAGR (3Y) 1.0% 7.1% 97.2%
Free cash flow growth (1Y) 110.4% 26.5% 459.8%
Free cash flow CAGR (3Y) 75.0% 7.0% 38.5%

Profitability

14 metrics
MetricJHXOTISSMID
Gross margin 35.9% 30.0% 23.5%
EBITDA margin 20.9% 16.5% 16.1%
Operating margin 9.7% 15.3% 12.1%
Pretax margin 5.1% 13.9% 12.0%
Net margin 2.7% 10.3% 8.6%
FCF margin 6.6% 11.1% 4.7%
Operating cash flow margin 13.4% 12.1% 16.3%
Return on equity 2.2% – 13.7%
Return on assets 1.0% 14.4% 8.6%
Return on invested capital 2.6% 62.2% 12.8%
Return on capital employed 4.2% 73.0% 13.8%
Asset turnover 0.4x 1.3x 1.0x
Cash conversion (OCF / net income) 5.0x 1.1x 1.9x
Stock comp / revenue 0.8% 0.5% 0.1%

Financial Health

11 metrics
MetricJHXOTISSMID
Debt / assets 31.7% 73.2% 4.8%
Debt / equity 0.7x -1.5x 0.1x
Net debt / EBITDA 3.5x 3.0x -0.5x
Debt / FCF 12.0x 4.9x 1.0x
Liabilities / assets 51.5% 148.0% 34.2%
Equity / assets 48.5% -48.0% 65.8%
Interest coverage 1.8x – 48.9x
Current ratio 1.6x 0.9x 4.1x
Quick ratio 0.7x 0.7x 3.1x
Cash ratio 0.3x 0.1x 0.9x
Altman Z-score 2.14 2.93 5.12

Shareholder Returns

7 metrics
MetricJHXOTISSMID
Dividend yield – 2.3% –
Net buyback yield 1.9% 2.8% –
Shareholder yield 1.9% 5.1% 0.0%
Payout ratio (earnings) – 41.1% –
Payout ratio (FCF) – 39.6% –
Dividend growth (1Y) – 3.6% –
Dividend CAGR (3Y) – 8.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusJHXOTISSMID
Forward P/E 19.1xFY2026 19.1xFY2026 –
EPS, next fiscal year $1.41FY2026 $3.91FY2026 –
EPS growth, next FY +29.4%FY2026 -3.5%FY2026 –
EPS growth, the year after +12.8% +22.3% –
Revenue, next fiscal year $5.13BFY2026 $16.18BFY2026 –
Revenue growth, next FY +6.0%FY2026 +12.1%FY2026 –
Revenue growth, the year after +15.1% -3.5% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJHXOTISSMID
Held by institutions 49.9% 93.1% 57.0%
Institutions holding 340 1,220 56
Change in shares held, QoQ +7.1% +3.6% -1.1%
Institutions buying 190 562 23
Institutions selling 100 450 17
Buyers to sellers 1.90 1.25 1.35

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

JHXOTISSMID
JHX 1.00 0.31 0.24
OTIS 0.31 1.00 0.20
SMID 0.24 0.20 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JHX, OTIS and SMID?

Otis Worldwide (OTIS) is the largest by market capitalisation: James Hardie Industries (JHX) $15.77B, Otis Worldwide (OTIS) $28.86B, Smith Midland (SMID) $119.14M.

Which stock is cheaper, JHX, OTIS and SMID?

Smith Midland (SMID) trades on the lowest price-to-earnings ratio (James Hardie Industries (JHX) 108.2x, Otis Worldwide (OTIS) 18.5x, Smith Midland (SMID) 15.4x). On next year's consensus earnings, Otis Worldwide (OTIS) is cheapest (James Hardie Industries (JHX) 19.1x, Otis Worldwide (OTIS) 19.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

James Hardie Industries (JHX) grew revenue fastest over the trailing twelve months: James Hardie Industries (JHX) +42.9%, Otis Worldwide (OTIS) +5.8%, Smith Midland (SMID) -1.6%.

Which company is more profitable?

Otis Worldwide (OTIS) has the highest net margin (James Hardie Industries (JHX) 2.7%, Otis Worldwide (OTIS) 10.3%, Smith Midland (SMID) 8.6%). On return on invested capital, Otis Worldwide (OTIS) leads (James Hardie Industries (JHX) 2.6%, Otis Worldwide (OTIS) 62.2%, Smith Midland (SMID) 12.8%).

Which stock has performed better?

Over the past year James Hardie Industries (JHX) returned the most: James Hardie Industries (JHX) +26.0%, Otis Worldwide (OTIS) -20.1%, Smith Midland (SMID) -40.6%. Over five years, Smith Midland (SMID) compounded fastest (James Hardie Industries (JHX) -7.3%/yr, Otis Worldwide (OTIS) -1.5%/yr, Smith Midland (SMID) +2.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: James Hardie Industries (JHX) 0.00%, Otis Worldwide (OTIS) 0.02%, Smith Midland (SMID) 0.00%. James Hardie Industries (JHX) and Smith Midland (SMID) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Otis Worldwide (OTIS) has been the steadiest (James Hardie Industries (JHX) 44.9%, Otis Worldwide (OTIS) 22.8%, Smith Midland (SMID) 51.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JHX, OTIS and SMID?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Otis Worldwide (OTIS) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.