Should I buy James Hardie Industries stock in 2025?

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At HelloSafe, our expert has been tracking the performance of James Hardie Industries for over three years. Every month, hundreds of thousands of users in Australia trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, paid by James Hardie Industries.

What is James Hardie Industries?

How much is James Hardie Industries stock?

The price of James Hardie Industries stock is rising this week. The current share price is AUD 43.39, with a 24-hour gain of 1.07% and a weekly increase of 10.89%. Market capitalisation stands at AUD 25.77 billion and the three-month average daily volume is 3.44 million shares. The stock trades at a P/E ratio of 29.12, pays no dividend, and has a moderate beta of 0.88. This combination of strong recent gains and moderate volatility may attract investors seeking growth in the construction materials sector.

Our full analysis of James Hardie Industries stock

We have thoroughly reviewed James Hardie Industries' latest financial statements, price action over the past three years, and a blend of expert market insights. Leveraging our proprietary algorithms, this analysis integrates financial indicators, technical factors, peer comparison, and real-time data to provide a holistic view of the company’s prospects. So, why might James Hardie Industries stock once again become a strategic entry point into the global building materials sector in 2025?

Recent performance and market context

Over the last twelve months, James Hardie Industries has displayed remarkable resilience. While the stock price experienced short-term volatility—with a current share price of $43.39 AUD, up 1.07% in the last 24 hours and a robust +10.89% on the week—the medium-term trajectory is once again gathering momentum. The company’s market capitalisation sits at a commanding $25.77 billion AUD, with average daily volume around 3.44 million shares, reflecting strong liquidity and investor engagement.

A pivotal milestone in 2025 has been the acquisition of AZEK’s Residential Siding and Accessories division, strategically expanding James Hardie’s footprint in North America. This step has not only consolidated its leadership in fibre cement but has diversified its product mix at a time when demand for sustainable construction solutions is accelerating.

The macroeconomic backdrop remains constructive: Australia’s building cycle shows signs of a rebound, while North American housing and renovation markets, which account for around 80% of group revenues, continue to post solid fundamentals. With the global drive toward energy efficiency and urban renewal, few building materials players are as well-positioned as James Hardie Industries in the current environment.

Technical analysis

A clear technical picture underpins the bullish outlook. The stock’s Relative Strength Index (RSI) stands at 53.97, firmly in neutral territory, suggesting no signs of overextension and room for future upside. The MACD indicator recently generated a bullish signal at the end of June, coinciding with trading volumes that surged to nearly 10 times normal levels, often a harbinger of significant directional moves.

Looking at moving averages, James Hardie trades above its short-term 20-day and 50-day averages on US markets, and is well supported by the 200-day average, which acts as a crucial safety net for buyers. Support levels near $31.86 AUD (52-week low) and resistance around $59.53 AUD (52-week high) define clear zones for accumulation and breakout. With the current trend reversing modest declines and setting up for a potential bullish phase, there is growing conviction among technical analysts that the stock may have found its base.

Fundamental analysis

From a fundamental perspective, James Hardie Industries demonstrates outstanding resilience and forward momentum. Annual revenue for FY25 came in at $3.9 billion USD, with adjusted EBITDA hitting an impressive $1.1 billion USD—a margin of 28.6%, indicative of world-class operational execution. Net profit reached $424 million USD, and all results were in line with the company’s prior guidance, reinforcing management’s consistency and strategic clarity.

Despite a slight revenue contraction (-1%), analysts remain constructive due to the integration of AZEK, expected to unlock new revenue streams and cost synergies. At a P/E ratio of 29.12, the valuation appears justified given the company's dominant market share (nearly 90% in fibre cement in North America), strong brand, and expanding presence in value-added building materials. Although the company is not currently distributing dividends—prioritising reinvestment in growth and new markets—its margin expansion of 400 basis points over five years showcases continuous innovation and operational excellence.

Key strengths include:

• A proven track record of navigating economic cycles in both Australia and the US.
• Aggressive R&D in sustainable construction materials meeting rising ESG standards.
• High barriers to entry through patented products and leading-edge fibre cement technology.

Volume and liquidity

The share’s liquidity profile further strengthens the investment thesis. With a daily average volume of 3.44 million shares on the ASX, James Hardie ranks among the most actively traded industrial stocks in Australia. This high turnover attests to solid investor confidence and ensures ready access for institutional and retail buyers alike.

Notably, the float—comprising over 429 million shares, with 72% institutional ownership—supports dynamic price discovery and reduces the risk of sharp price manipulation. This robust liquidity and broad ownership profile reinforce the view that valuation shifts are closely tied to genuine shifts in fundamentals and sentiment, rather than speculative surges.

Catalysts and positive outlook

Looking ahead, a series of bullish catalysts come into view:

• AZEK integration: The transformative acquisition is set to increase operational scale, leverage cross-selling, and accelerate product innovation in the lucrative North American market.
• Secular trends: As the world moves toward sustainable, low-emission construction, James Hardie’s leadership in fibre cement and eco-friendly product lines dovetails with powerful market demand.
• Expansion plans: Management’s guidance for FY26 calls for organic revenue and EBITDA growth across all regions, supported by pipeline innovation and targeted product launches.
• ESG positioning: With tighter building efficiency regulations and customer awareness, James Hardie’s solutions—renowned for durability and sustainability—are poised for heightened demand.
• Favourable market sentiment: Analyst consensus has steadily improved to a “Moderate Buy,” echoing growing confidence in the growth framework and strategic direction.

Major sectoral tailwinds include Australian infrastructure stimulus and continued US housing and renovation strength. A supportive regulatory and macro environment, combined with demographic trends toward urbanisation and modernisation, creates a rich terrain for sustained earnings momentum.

Investment strategies

Investors aiming for short-term gains might seek entry on minor technical pullbacks, capitalising on periods of elevated volume and bullish MACD signals. For medium-term strategies, holding through the next quarterly or annual earnings announcement—to capture both organic performance and AZEK integration results—may position investors for further upside.

Long-term investors are especially well placed to benefit from:

• Compound annual growth as James Hardie maintains dominant share and maximises synergy capture post-AZEK.
• Portfolio resilience, as the company’s product innovation pipeline offers exposure to global trends in sustainability and construction technology.
• Optionality: management’s discipline in capital allocation leaves room for shareholder returns or additional value-accretive acquisitions.

Crucially, current support levels and the ongoing digestion of the AZEK acquisition provide an ideal zone for accumulating a core position—a strategy supported by many seasoned institutional players.

Is it the right time to buy James Hardie Industries?

Summing up, the case for James Hardie Industries is underpinned by solid technical momentum, robust financial health, leading market position, and major strategic catalysts. The company’s expansion into North America, best-in-class innovation, and sector leadership all suggest that the stock may be entering a new bullish phase.

The justified valuation, strong volume, and favourable sector context mean that James Hardie Industries seems to represent an excellent opportunity at current levels. While a measured approach is always warranted, all indicators point toward renewed investor interest and a constructive medium- to long-term outlook. For investors seeking an industry leader with exceptional growth potential and resilient fundamentals, James Hardie Industries merits serious consideration as part of a diversified Australian equity portfolio.

In an environment favouring sustainable construction and innovation, James Hardie Industries delivers both a compelling growth story and the foundation for potential long-term outperformance—making now a timely and strategic moment to focus on this standout building materials stock.

How to buy James Hardie Industries stock?

Buying James Hardie Industries stock online through a regulated broker is straightforward, secure, and open to all Australians. Whether you want to own shares directly (spot buying) or take advantage of short-term opportunities with Contracts for Difference (CFDs), both methods are easily accessible. Spot buying means you become a shareholder, while CFDs offer flexible exposure with leverage. Below, you’ll find a simple guide to both methods, along with a broker comparison further down the page to help you choose the best platform for your needs.

Spot buying

A cash purchase of James Hardie Industries stock means buying the shares outright via your broker, making you a direct shareholder eligible for corporate actions. Most Australian brokers charge a fixed commission per order, typically around $5–$10.

Gain scenario

If the James Hardie Industries share price is $43.39 AUD, you can buy around 23 shares with a $1,000 stake, including a brokerage fee of around $5.

If the share price rises by 10%, your shares are now worth $1,100.

Result: +$100 gross gain, i.e. +10% on your investment.

This method suits investors seeking long-term growth and direct participation in the company’s progress.

Trading via CFD

CFD trading on James Hardie Industries shares lets you speculate on price movements without actually owning the shares. Instead, you trade a contract reflecting the price difference from open to close. Fees usually include a spread (the difference between buy and sell prices) and overnight financing if you hold positions longer than a day.

Gain scenario

You open a CFD position on James Hardie Industries shares, with 5x leverage. This gives you a market exposure of $5,000 from a $1,000 stake.

If the stock rises by 8%, your position gains 8% × 5 = 40%. Result: +$400 gain, on a bet of $1,000 (excluding fees).

CFDs can amplify both gains and losses, so they’re best for experienced investors comfortable with short-term strategies.

Final advice

Before investing, always compare brokers’ fees, available tools, and conditions—our dedicated comparator can guide you further down the page. Your choice between buying cash shares or trading CFDs should match your objectives, investment horizon, and risk appetite. Both approaches can be effective ways to gain exposure to James Hardie Industries through a secure, regulated Australian broker.

Our 7 tips for buying James Hardie Industries stock

The latest news about James Hardie Industries

James Hardie Industries shares surge 10.89% on the ASX over the past week. This strong price performance reflects a robust recovery in investor sentiment and was supported by above-average volumes, with 3.44 million shares traded daily, indicating renewed market confidence around the company’s latest financial and strategic moves that resonate with Australian investors.

Successful completion of the AZEK acquisition further strengthens James Hardie Industries’ North American and global market dominance. The transaction, finalised in July 2025, significantly expands the company’s product offering and customer reach. This increased scale is seen as a positive driver for long-term earnings and is relevant to Australian shareholders given the business’s dual listing and revenue diversification.

Recent technical signals on the ASX show continued medium-term momentum for James Hardie Industries. The MACD indicator gave a buy signal on 30 June 2025, which combined with a neutral RSI (53.97) provides a constructive backdrop for trend-following investors. Immediate support and resistance levels (AUD 31.86 and AUD 59.53) are serving as reference points for active trading strategies on the Australian exchange.

James Hardie Industries’ latest annual results exceeded expectations for adjusted EBITDA margin and maintained strong profitability. Despite a slight dip in revenue, the group delivered USD 1.1 billion in adjusted EBITDA and a 28.6% margin, confirming its earnings resilience. This performance reassures the Australian market and validates the company’s guidance and operational execution for FY26.

A clear, moderate buy consensus and analyst price targets above current ASX levels point to room for further upside. The average analyst target stands at AUD 42.70, above the present share price, and the most recent technical and fundamental signals have reinforced a constructive market outlook among institutional and retail investors in Australia.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.