James Hardie Industries (JHX) Gross Margin (2009 - 2026)
James Hardie Industries (JHX) posted quarterly Gross Margin of 37.28% for Q1 2026, down 109.0% year-over-year from 414.24% in Q1 2025, and up 3.13% quarter-over-quarter from 36.15% in Q4 2025.
James Hardie Industries (JHX) Gross Margin (2009 - 2026) Analysis & Trends
James Hardie Industries (JHX) has reported Gross Margin for 18 consecutive years, with 37.28% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 109.0% year-over-year to 37.28%; the TTM figure through Mar 2026 stood at 35.77% (down 305.0% YoY), while the FY2026 annual figure was 35.77%, down 305.0% from the prior year.
- Gross Margin advanced to 37.28% in Q1 2026 per JHX's latest filing, from 36.15% in the prior quarter.
- Across five years, Gross Margin topped out at 40.96% in Q4 2023 and bottomed at 32.59% in Q3 2025.
- Historically, Gross Margin has averaged 37.38% across 5 years, with a median of 37.44% in 2025.
- Annual changes were most pronounced in 2023 — Gross Margin surged 732 bps — and 2025, when it slumped 622 bps.
- James Hardie Industries' Gross Margin stood at 33.64% in 2022, then rose by 22 bps to 40.96% in 2023, then declined by 7 bps to 38.02% in 2024, then retreated by 5 bps to 36.15% in 2025, then rose by 3 bps to 37.28% in 2026.
- Business Quant data shows JHX's Gross Margin at 37.28% in Q1 2026, 36.15% in Q4 2025, and 32.59% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 62.94 Bn | 59.85 Bn | 4.29 Bn | 39.84% |
| 2 | Vulcan Materials | 35.54 Bn | 35.35 Bn | 625.50 Mn | 29.01% |
| 3 | Martin Marietta Materials | 32.12 Bn | 32.00 Bn | 495.00 Mn | 25.42% |
| 4 | Amrize | 25.18 Bn | 24.45 Bn | 993.00 Mn | 28.42% |
| 5 | James Hardie Industries | 17.79 Bn | 17.50 Bn | 548.70 Mn | 37.21% |
| 6 | Cemex Sab De Cv | 15.54 Bn | 15.54 Bn | 1.62 Bn | 35.22% |
| 7 | Eagle Materials | 6.36 Bn | 6.13 Bn | 161.25 Mn | 24.77% |
| 8 | Knife River | 3.69 Bn | 3.58 Bn | 162.77 Mn | 17.34% |
| 9 | United States Lime & Minerals | 3.47 Bn | 3.07 Bn | 46.72 Mn | 47.13% |
| 10 | Titan America | 2.76 Bn | 2.70 Bn | 205.03 Mn | 23.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.21% |
| Mar 31, 2026 | 37.28% |
| Dec 31, 2025 | 36.15% |
| Sep 30, 2025 | 32.59% |
| Jun 30, 2025 | 37.44% |
| Mar 31, 2025 | 38.37% |
| Dec 31, 2024 | 38.02% |
| Sep 30, 2024 | 38.81% |
| Jun 30, 2024 | 40.01% |
| Mar 31, 2024 | 40.87% |
| Dec 31, 2023 | 40.96% |
| Sep 30, 2023 | 40.41% |
| Jun 30, 2023 | 39.13% |
| Mar 31, 2023 | 35.96% |
| Dec 31, 2022 | 33.64% |
| Sep 30, 2022 | 35.41% |
| Jun 30, 2022 | 33.88% |
| Mar 31, 2022 | 36.59% |
| Dec 31, 2021 | 35.83% |
| Sep 30, 2021 | 36.41% |