James Hardie Industries (JHX) Debt Ratio (2009 - 2026)
James Hardie Industries' (JHX) Debt Ratio stood at 0.32 in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 14.8% from 0.37 a year earlier and down 4.3% from the prior quarter.
James Hardie Industries (JHX) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), James Hardie Industries' Debt Ratio came in at 0.33, up 54.8% from FY2025.
- Across earlier fiscal years, Debt Ratio came in at 0.21 in FY2025 (-6.3%), 0.23 in FY2024 (-3.3%), 0.24 in FY2023 (+14.4%) and 0.21 in FY2022 (-1.5%).
- The fiscal Q1 2027 figure is the lowest quarterly Debt Ratio since fiscal Q4 2025.
- On a year-over-year basis, Debt Ratio rose in five of the last eight quarters, with growth averaging 25.5%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 64.0% in fiscal Q1 2026, against a decline of 27.6% in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.33 (Q4 2026), 0.33 (Q3 2026) and 0.36 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 93.66 Bn | 88.28 Bn | 2.38 Bn | 0.18 |
| 2 | Johnson Controls International | 87.35 Bn | 85.08 Bn | 2.47 Bn | 0.24 |
| 3 | Carrier Global | 43.73 Bn | 38.10 Bn | 1.90 Bn | 0.34 |
| 4 | Comfort Systems Usa | 39.84 Bn | 33.80 Bn | 934.48 Mn | 0.01 |
| 5 | Otis Worldwide | 29.53 Bn | 25.92 Bn | 1.16 Bn | 0.73 |
| 6 | James Hardie Industries | 17.19 Bn | 15.75 Bn | 562.40 Mn | 0.30 |
| 7 | Masco | 16.43 Bn | 14.23 Bn | 720.00 Mn | 0.61 |
| 8 | Allegion | 15.94 Bn | 14.56 Bn | 548.20 Mn | 0.37 |
| 9 | Carlisle Companies | 15.38 Bn | 12.28 Bn | 494.90 Mn | 0.48 |
| 10 | Lennox International | 11.88 Bn | 11.69 Bn | 497.20 Mn | 0.35 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.30 |
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 0.33 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.36 |
| Jun 30, 2025 | 0.37 |
| Mar 31, 2025 | 0.21 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.23 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.24 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.22 |
| Jun 30, 2022 | 0.20 |
| Mar 31, 2022 | 0.21 |
| Dec 31, 2021 | 0.22 |
James Hardie Industries Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=JHX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "JHX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=JHX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();