James Hardie Industries (JHX) Return on Invested Capital [ROIC] (2009 - 2026)
James Hardie Industries (JHX) posted Return on Invested Capital [ROIC] of 4.61% for fiscal Q2 2027 (quarter ended Sep 30, 2026), up 1.40 percentage points from 3.21% a year earlier and up 2.12 percentage points from the prior quarter.
James Hardie Industries (JHX) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), James Hardie Industries' Return on Invested Capital [ROIC] came in at 3.16%, down 10.60 percentage points from FY2025.
- Annual Return on Invested Capital [ROIC] has declined for four consecutive fiscal years, with a five-year change of -10.83 percentage points (FY2021 to FY2026).
- In prior fiscal years, James Hardie Industries' Return on Invested Capital [ROIC] was 13.76% in FY2025 (-4.59 pp), 18.36% in FY2024 (-3.14 pp), 21.50% in FY2023 (-2.10 pp) and 23.60% in FY2022 (+9.60 pp).
- The fiscal Q2 2027 figure stands as the highest quarterly Return on Invested Capital [ROIC] since fiscal Q1 2026.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in 1 of the last eight quarters, with an average year-over-year change of -7.09 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was fiscal Q3 2022, with a gain of 17.88 percentage points; the weakest was fiscal Q3 2026, with a drop of 12.12 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior fiscal quarters was 2.49% (Q1 2027), 1.96% (Q4 2026) and 1.87% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 91.50 Bn | 86.14 Bn | 2.38 Bn | 25.73% |
| 2 | Johnson Controls International | 83.63 Bn | 81.11 Bn | 2.71 Bn | 13.57% |
| 3 | Carrier Global | 44.36 Bn | 39.10 Bn | 1.90 Bn | -4.60% |
| 4 | Comfort Systems Usa | 38.92 Bn | 32.88 Bn | 934.48 Mn | 15.98% |
| 5 | Otis Worldwide | 29.51 Bn | 26.06 Bn | 1.16 Bn | 62.19% |
| 6 | Masco | 16.33 Bn | 14.40 Bn | 720.00 Mn | 35.31% |
| 7 | Allegion | 16.19 Bn | 14.81 Bn | 548.20 Mn | 18.36% |
| 8 | James Hardie Industries | 16.17 Bn | 15.36 Bn | 562.40 Mn | 4.61% |
| 9 | Carlisle Companies | 15.38 Bn | 12.28 Bn | 494.90 Mn | 17.80% |
| 10 | Madison Air Solutions | 12.50 Bn | 9.16 Bn | 422.70 Mn | 6.90% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.61% |
| Jun 30, 2026 | 2.49% |
| Mar 31, 2026 | 1.96% |
| Dec 31, 2025 | 1.87% |
| Sep 30, 2025 | 3.21% |
| Jun 30, 2025 | 9.17% |
| Mar 31, 2025 | 13.29% |
| Dec 31, 2024 | 14.00% |
| Sep 30, 2024 | 14.41% |
| Jun 30, 2024 | 17.01% |
| Mar 31, 2024 | 17.26% |
| Dec 31, 2023 | 18.95% |
| Sep 30, 2023 | 18.57% |
| Jun 30, 2023 | 19.25% |
| Mar 31, 2023 | 20.08% |
| Dec 31, 2022 | 20.07% |
| Sep 30, 2022 | 23.35% |
| Jun 30, 2022 | 24.05% |
| Mar 31, 2022 | 22.23% |
| Dec 31, 2021 | 24.98% |
James Hardie Industries Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=JHX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=JHX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();