Demand and volumemixed · 2 filings
“Three Months Ended June 30, (Millions of U.S.”10-Q · Aug 6, 2026 ↗
James Hardie Industries plc
JHX
Market read
James Hardie Industries plc's move is spreading beyond its market group.
JHX accounts for 24.2% of the group's measured movement across 4.6 effective names. all 7 measured members are falling in raw terms, but 0 of 7 SPY-adjusted paths align to the mixed. Capital-flow agreement is 32%, so confirmation is not yet clean. No verified headline preceded the measured group move.
MOVE ANATOMY
SPY-adjusted 5m pathsIs this move genuinely shared?
Role in the moveIndependent mover#2 of 7 by movement share
Group movement share24.2%Absolute path energy—not portfolio weight
Relative path-0.86%mixed
Effective breadth4.6 / 7balanced
Relative alignment0/7mixed path · 0 counter-moving
Capital-flow agreement32%not yet clean
SEQUENCE READ
CSL, OC, MHK moved materially before JHX. JHX crossed its material path threshold at 15:05 ET, 310 minutes after the first measured mover.
EVIDENCE COVERAGE
3 of 7 members in Construction Building Products are active. 0 of 1 disclosed connections are confirming.
What would change this read
Watch this read- At least 5 of 7 durable members become active together.
- Capital-flow agreement rises above 55%.
- FND remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 2 of 7 members or fewer.
Research brief
The story so far
JHX accounts for 24.2% of the group's measured movement across 4.6 effective names. all 7 measured members are falling in raw terms, but 0 of 7 SPY-adjusted paths align to the mixed. Capital-flow agreement is 32%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 5 of 7 durable members become active together.
- Capital-flow agreement rises above 55%.
- FND remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods3
Price observations327
Usable filing statements70
Verified relationships1
Evidence supporting the case
- Latest annual revenue changed +24.7% year over year.
- Operating cash flow covered net income at 5.67x in the latest annual period.
Evidence challenging the case
- Operating margin changed -7.7 percentage points in the latest annual period.
- Net margin changed -8.8 percentage points in the latest annual period.
- Diluted shares increased 26.2% in the latest annual period.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 10, 2026
28.216m+37.0%12m+44.9%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2024-03-31$3.9B—$1.16—
2025-03-31$3.9B-1.5%$0.98-1.7%
2026-03-31$4.8B+24.7%$0.19+26.2%
What management says matters
Persistent and emerging business drivers
Foreign exchangepositive · 2 filings
“Europe Segment Operating results for the Europe segment were as follows: Three Months Ended June 30, (Millions of U.S.”10-Q · Aug 6, 2026 ↗
Input and raw-material costsnegative · 2 filings
“SG&A expenses increased 4%, primarily driven by higher labor costs, partially offset by lower marketing expenses.”10-Q · Aug 6, 2026 ↗
Labor availability and costsnegative · 2 filings
“SG&A expenses increased 4%, primarily driven by higher labor costs, partially offset by lower marketing expenses.”10-Q · Aug 6, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Fewer than 4 annual revenue periods; too little history to scaffold scenarios.
Price action
How the market is pricing the story
28.21-2.5% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for JHX. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for JHX. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind JHX
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
TREXTrex Company, Inc.competitorFeb 25, 2026 ▾
“Our principal competitors include Azek (a division of James Hardie Industries PLC), Deckorators (a division of UFP Industries, Inc.), and Fiberon (a division of Fortune Brands, Inc.).”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
JHX is currently a Early Follower in the organic co-movement group Construction Building Products. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.