EXP vs JHX: Eagle Materials and James Hardie Industries PLC ADR compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- James Hardie Industries PLC ADR is the larger company, worth $13.6B, about 2.7 times Eagle Materials.
- James Hardie Industries PLC ADR grew revenue faster over the last year (+24.7% vs +2.6%).
- On earnings, Eagle Materials is the cheaper stock (12.5x vs 132.2x).
- James Hardie Industries PLC ADR's price assumes faster free cash flow growth: about 21% a year, against 8% for Eagle Materials (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | EXP | JHX |
|---|---|---|
| Market cap | $5.1B | $13.6B |
| Share price | $164.70 | $25.12 |
| Revenue (last fiscal year) | $2.3B | $4.8B |
| Free cash flow (last fiscal year) | $197M | $206M |
| Revenue growth, last year | +2.6% | +24.7% |
| Revenue growth per year, last 5 fiscal years | +5.5% | +7.5% |
| Operating margin | — | 9.3% |
| Net margin | 17.3% | 2.1% |
| Return on equity | 27.1% | 1.6% |
| P/E (trailing) | 12.5x | 132.2x |
| Price / free cash flow | 25.8x | 35.6x |
| EV / EBITDA | 9.04x | 19.4x |
| FCF growth the price implies | 8.3% | 20.7% |
| Dividend yield | 0.61% | — |
| Debt / equity | 1.63x | 1.06x |
| Fundamental grade | C | D |
| Superinvestors holding it | 7 | 0 |
| Insider purchases, last 12 months | 1 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Eagle Materials
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $1.9B | $443M | 29.7% |
| 2023 | $2.1B | $432M | 31.4% |
| 2024 | $2.3B | $444M | 31.7% |
| 2025 | $2.3B | $353M | — |
| 2026 | $2.3B | $197M | — |
James Hardie Industries PLC ADR
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $3.6B | $499M | 18.9% |
| 2023 | $3.8B | $16M | 19.6% |
| 2024 | $3.9B | $465M | 19.5% |
| 2025 | $3.9B | $381M | 16.9% |
| 2026 | $4.8B | $206M | 9.3% |
Where the revenue comes from
Eagle Materials · by segments, 2026
Cement$1.3B51%
Gypsum Wallboard$764M30%
Concrete and Aggregates$300M12%
Recycled Paperboard$199M8%
James Hardie Industries PLC ADR · by segments, 2026
Siding & Trim$3.0B61%
Deck, Rail & Accessories$795M16%
Europe$557M12%
Australia & New Zealand$521M11%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open EXP in InvestinglyQuestions
Which is bigger, Eagle Materials or James Hardie Industries PLC ADR?
James Hardie Industries PLC ADR (JHX), at $13.6B against $5.1B.
Is EXP or JHX cheaper?
By trailing P/E, Eagle Materials (12.5x) is cheaper than James Hardie Industries PLC ADR (132.2x). A lower multiple can also mean the market expects less growth.
Which grows faster, EXP or JHX?
James Hardie Industries PLC ADR: revenue grew +24.7% over the last year, against +2.6%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.