James Hardie Industries annual debt-to-equity ratio
2011
2019
2020
2021
2022
2023
2024
2025
2026
James Hardie Industries Debt-to-Equity Ratio Growth & History (JHX)
James Hardie Industries's debt-to-equity ratio was 0.74 for fiscal 2026.
View full James Hardie Industries company overviewJames Hardie Industries annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.74 | 0.19 | +33.27% |
| 2025 | 2025-03-31 | 0.56 | −0.09 | −13.74% |
| 2024 | 2024-03-31 | 0.65 | −0.06 | −8.46% |
| 2023 | 2023-03-31 | 0.71 | −0.01 | −1.28% |
| 2022 | 2022-03-31 | 0.72 | −0.15 | −17.58% |
| 2021 | 2021-03-31 | 0.87 | −0.49 | −36.24% |
| 2020 | 2020-03-31 | 1.36 | −0.05 | −3.70% |
| 2019 | 2019-03-31 | 1.42 | — | — |
| 2011 | 2012-03-31 | 0.24 | — | — |
James Hardie Industries quarterly debt-to-equity ratio
Q4.11
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 0.69 | −0.47 | −40.23% |
| Q4 2026 | 2026-03-31 | 0.74 | 0.19 | +33.27% |
| Q3 2026 | 2025-12-31 | 0.76 | — | — |
| Q2 2026 | 2025-09-30 | 0.83 | — | — |
| Q1 2026 | 2025-06-30 | 1.16 | — | — |
| Q4 2025 | 2025-03-31 | 0.56 | −0.09 | −13.74% |
| Q4 2024 | 2024-03-31 | 0.65 | −0.06 | −8.46% |
| Q4 2023 | 2023-03-31 | 0.71 | −0.01 | −1.28% |
| Q4 2022 | 2022-03-31 | 0.72 | −0.15 | −17.58% |
| Q4 2021 | 2021-03-31 | 0.87 | −0.49 | −36.24% |
| Q4 2020 | 2020-03-31 | 1.36 | −0.05 | −3.70% |
| Q4 2019 | 2019-03-31 | 1.42 | — | — |
| Q4 2011 | 2012-03-31 | 0.24 | — | — |
James Hardie Industries debt-to-equity ratio trends
Over the last five fiscal years, James Hardie Industries's debt-to-equity ratio decreased from 0.87 to 0.74, a change of −0.12. The latest reported quarter, Q1 2027, shows 0.69.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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