James Hardie Industries (JHX) Operating Margin (2009 - 2026)
James Hardie Industries (JHX) recorded Operating Margin of 14.76% in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 0.64 percentage points from 15.40% a year earlier but up 7.01 percentage points from the prior quarter.
James Hardie Industries (JHX) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, James Hardie Industries' Operating Margin came in at 9.73% as of Jun 30, 2026, down 5.03 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 9.26%, down 7.66 percentage points from FY2025.
- Annual Operating Margin has declined for three straight fiscal years, with a five-year change of -7.00 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Operating Margin came in at 16.92% in FY2025 (-2.58 pp), 19.50% in FY2024 (-0.13 pp), 19.63% in FY2023 (+0.74 pp) and 18.88% in FY2022 (+2.63 pp).
- Quarterly Operating Margin has ranged from 1.86% in fiscal Q2 2026 to 24.51% in fiscal Q1 2024 over the past five years.
- On a year-over-year basis, Operating Margin rose in 1 of the last eight quarters, with an average year-over-year change of -4.87 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 5.72 percentage points in fiscal Q4 2023, against a drop of 13.99 percentage points in fiscal Q2 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 7.75% (Q4 2026), 14.21% (Q3 2026) and 1.86% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 19.27% |
| 2 | Johnson Controls International | 90.21 Bn | 87.98 Bn | 2.47 Bn | 14.92% |
| 3 | Comfort Systems Usa | 58.39 Bn | 53.64 Bn | 844.23 Mn | 17.09% |
| 4 | Carrier Global | 46.05 Bn | 40.68 Bn | 1.94 Bn | 12.99% |
| 5 | Otis Worldwide | 25.26 Bn | 21.87 Bn | 1.14 Bn | 14.90% |
| 6 | James Hardie Industries | 14.74 Bn | 13.47 Bn | 548.70 Mn | 14.76% |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 23.59% |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 22.12% |
| 9 | Carlisle Companies | 12.99 Bn | 9.34 Bn | 568.40 Mn | 22.45% |
| 10 | Lennox International | 12.73 Bn | 12.54 Bn | 539.50 Mn | 22.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.76% |
| Mar 31, 2026 | 7.75% |
| Dec 31, 2025 | 14.21% |
| Sep 30, 2025 | 1.86% |
| Jun 30, 2025 | 15.40% |
| Mar 31, 2025 | 6.39% |
| Dec 31, 2024 | 21.62% |
| Sep 30, 2024 | 15.85% |
| Jun 30, 2024 | 23.73% |
| Mar 31, 2024 | 8.36% |
| Dec 31, 2023 | 23.11% |
| Sep 30, 2023 | 22.37% |
| Jun 30, 2023 | 24.51% |
| Mar 31, 2023 | 14.23% |
| Dec 31, 2022 | 18.92% |
| Sep 30, 2022 | 22.71% |
| Jun 30, 2022 | 22.11% |
| Mar 31, 2022 | 8.51% |
| Dec 31, 2021 | 22.47% |
| Sep 30, 2021 | 23.80% |
James Hardie Industries Operating Margin 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=operating-margin&ticker=JHX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=JHX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();