← James Hardie Industries plc
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $276.5m |
$146.1m
-47.16%
|
$228.8m
+56.61%
|
$241.5m
+5.55%
|
$262.8m
+8.82%
|
$459.1m
+74.70%
|
$512.0m
+11.52%
|
$510.2m
-0.35%
|
$424.0m
-16.90%
|
$104.0m
-75.47%
|
— | |
| Depreciation, Depletion and Amortization | $83.2m | $92.0m | $119.4m | $131.5m | $135.0m | $161.8m | $172.6m | $185.0m | $216.2m | $493.5m | $605.8m | |
| Amortization of Intangible Assets | — | — | $6.1m | $3.1m | $2.6m | $3.5m | $3.8m | $4.3m | $4.4m | $183.6m | — | |
| Depreciation | $80.3m | $88.9m | $109.6m | $125.4m | $129.6m | $155.6m | $166.8m | $178.7m | $211.3m | $302.4m | $605.8m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $172.6m | $185.0m | $216.2m | $493.5m | $605.8m | |
| Deferred Income Tax Expense (Benefit) | $39.3m | ($56.0m) | $38.7m | $55.2m | $119.3m | $85.7m | $87.2m | $72.9m | $101.4m | $24.5m | ($2.7m) | |
| Deferred Income Tax | — | — | — | — | — | — | $48.4m | $34.6m | $62.1m | ($17.9m) | ($2.7m) | |
| Deferred Tax | — | — | — | — | — | — | $48.4m | $34.6m | $62.1m | ($17.9m) | ($2.7m) | |
| Share-based Payment Arrangement, Noncash Expense | $9.3m | $11.1m | $12.5m | $10.3m | $18.0m | $9.0m | $15.7m | $28.2m | $23.0m | $38.0m | $43.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $2.8m | $6.1m | $4.9m | $7.3m | $13.7m | — | |
| Goodwill, Impairment Loss | — | — | $4.6m | $200k | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | $2.6m | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | $1.4m | — | — | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | $11.2m | — | — | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | $0 | $0 | $20.1m | — | — | — | |
| Other Nonoperating Income (Expense) | $1.3m | $700k | $100k | ($100k) | $100k | ($200k) | $12.8m | $2.7m | ($200k) | ($9.8m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($103.4m) | $43.9m | ($37.9m) | ($109.9m) | ($101.4m) | |
| Change In Receivables | — | — | — | — | — | — | $38.3m | ($14.1m) | ($25.0m) | ($11.8m) | ($33.6m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $32.1m | ($19.7m) | ($28.9m) | ($15.6m) | ($33.6m) | |
| Increase (Decrease) in Inventories | $9.7m | $51.7m | $28.6m | ($3.2m) | ($98.7m) | $64.3m | $70.8m | ($3.4m) | $15.7m | $48.5m | $4.3m | |
| Inventory Write-down | — | — | — | $2.9m | — | — | — | — | — | — | — | |
| Change In Inventory | — | — | — | — | — | — | ($70.8m) | $3.4m | ($15.7m) | ($48.5m) | $4.3m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($39.6m) | $104.1m | $77.4m | ($1.1m) | ($13.9m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $18.1m | $61.6m | $61.8m | ($33.5m) | ($10.8m) | |
| Net Cash Provided by (Used in) Operating Activities | $292.1m |
$295.0m
+0.99%
|
$287.6m
-2.51%
|
$451.2m
+56.88%
|
$786.9m
+74.40%
|
$757.2m
-3.77%
|
$607.6m
-19.76%
|
$914.2m
+50.46%
|
$802.8m
-12.19%
|
$589.8m
-26.53%
|
$726.9m
+23.25%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $101.9m | $203.7m | $301.1m | $193.8m | $110.7m | $257.8m | $591.3m | $449.3m | $422.2m | $383.9m | ($374.5m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($15.0m) | — | — | — | — | — | — | — | — | — | ($26.2m) | |
| Capital Expenditure Reported | — | — | — | — | — | — | ($8.5m) | ($19.5m) | ($21.0m) | ($6.1m) | ($374.5m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | — | $3.9b | ($3.9b) | |
| Net Other Investing Changes | — | — | — | — | — | — | ($74.4m) | ($5.9m) | ($3.9m) | ($6.9m) | ($6.9m) | |
| Net Cash Provided by (Used in) Investing Activities | — | — | — | ($203.8m) | ($120.4m) | ($348.2m) | ($660.1m) | ($470.5m) | ($446.7m) | ($4.2b) | ($4.2b) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | $400.0m | $0 | — | — | — | — | — | — | — | ($1.4b) | |
| Gain (Loss) on Extinguishment of Debt | — | ($26.1m) | ($1.0m) | $0 | ($13.1m) | $0 | $0 | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $450.0m | $395.0m | $0 | $4.3b | $3.2b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $395.0m | $0 | $4.3b | $3.2b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.5m) | ($328.0m) | ($8.7m) | ($923.4m) | ($1.4b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $188.5m | $67.0m | ($8.7m) | $3.4b | $1.7b | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($1.5m) | $67.0m | ($8.7m) | $3.4b | $1.7b | |
| Net Short Term Debt Issuance | — | — | — | — | — | $40.0m | $190.0m | ($230.0m) | $0 | — | $0 | |
| Repayment Of Debt | — | — | — | — | — | — | ($261.5m) | ($328.0m) | ($8.7m) | ($923.4m) | ($1.4b) | |
| Short Term Debt Issuance | — | — | — | — | — | $390.0m | $450.0m | $95.0m | $0 | — | $0 | |
| Short Term Debt Payments | — | — | — | — | — | ($350.0m) | ($260.0m) | ($325.0m) | $0 | — | $0 | |
| Payments for Repurchase of Common Stock | $99.8m | $0 | $0 | — | — | — | $78.4m | $271.4m | $149.9m | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | $176.8m | $177.5m | $172.1m | $158.6m | $0 | $484.0m | $129.6m | $0 | $0 | — | $0 | |
| Proceeds from Issuance of Common Stock | $300k | $200k | $0 | $0 | $100k | $300k | $200k | $400k | $0 | $0 | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | ($484.0m) | ($129.6m) | $0 | $0 | — | $0 | |
| Common Stock Issuance | — | — | — | — | — | — | $200k | $400k | $0 | $0 | $0 | |
| Common Stock Payments | — | — | — | — | — | — | ($78.4m) | ($276.3m) | ($157.2m) | ($13.7m) | ($13.7m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $200k | $400k | $0 | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($78.2m) | ($275.9m) | ($157.2m) | ($13.7m) | ($13.7m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($78.4m) | ($276.3m) | ($157.2m) | ($13.7m) | ($13.7m) | |
| Dividends Payable, Current | — | — | — | — | $303.7m | $0 | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | ($484.0m) | ($129.6m) | $0 | $0 | — | $0 | |
| Net Other Financing Charges | — | — | — | — | — | — | ($6.1m) | ($1.2m) | ($7.3m) | ($43.7m) | ($37.5m) | |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | ($179.0m) |
($540.2m)
-201.79%
|
($449.6m)
+16.77%
|
($25.4m)
+94.35%
|
($210.1m)
-727.17%
|
($165.9m)
+21.04%
|
$3.4b
+2119.83%
|
$1.7b
-49.66%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($189.6m) | $62.2m | $132.6m | ($46.5m) | ($86.3m) | $230.2m | $189.8m | ($261.2m) | $318.6m | |
| Beginning Cash Position | — | — | — | — | — | — | $271.9m | $185.6m | $415.8m | $605.6m | $2.1b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $123.6m | $185.8m | $318.4m | $271.9m | $185.6m | $415.8m | $605.6m | $344.4m | $318.6m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | ($5.9m) | ($8.4m) | ($3.4m) | ($400k) | $6.6m | $3.4m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($8.4m) | ($3.4m) | ($400k) | $6.6m | $3.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $26.2m | $26.3m | $57.0m | $61.5m | $56.4m | $37.0m | $41.0m | $41.8m | $63.6m | $207.8m | — | |
| Income Taxes Paid, Net | $51.5m | $49.1m | $26.3m | $52.5m | $3.7m | $92.7m | $117.1m | $183.1m | $128.1m | $85.1m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Sale of Derivatives | ($1.3m) | ($800k) | ($100k) | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Properties | — | — | — | — | — | — | $12.7m | $2.0m | $0 | $26.2m | — | |
| Goodwill | — | — | $201.1m | $196.9m | $209.3m | $199.5m | $194.9m | $192.6m | $193.7m | $4.8b | — | |
| Income Tax Expense (Benefit) | $90.5m | $28.2m | $71.8m | $46.5m | $149.2m | $184.0m | $211.5m | $244.6m | $221.4m | $102.7m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | $15.3m | $10.3m | $231.1m | — | |
| Investment Income, Interest | $1.0m | $3.4m | $4.1m | $3.1m | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | — | — | — | — | — | — | — | — | $1.7m | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | $50.3m | $16.2m | — | |
| Unrealized Gain (Loss) on Derivatives | $2.6m | $1.5m | $0 | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($25.4m) | ($210.1m) | ($165.9m) | $3.4b | $1.7b | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($660.1m) | ($470.5m) | ($446.7m) | ($4.2b) | ($4.2b) | |
| Change In Account Payable | — | — | — | — | — | — | ($63.2m) | $47.4m | $18.3m | $30.2m | ($13.9m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($86.3m) | $230.2m | $189.8m | ($261.2m) | — | |
| Change In Income Tax Payable | — | — | — | — | — | — | $5.5m | ($4.9m) | ($2.7m) | $2.2m | $11.2m | |
| Change In Other Working Capital | — | — | — | — | — | — | ($19.0m) | ($28.0m) | ($34.0m) | ($47.3m) | ($53.7m) | |
| Change In Payable | — | — | — | — | — | — | ($57.7m) | $42.5m | $15.6m | $32.4m | ($13.9m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($12.3m) | ($21.5m) | ($40.6m) | ($1.2m) | ($4.9m) | |
| Change In Tax Payable | — | — | — | — | — | — | $5.5m | ($4.9m) | ($2.7m) | $2.2m | $11.2m | |
| Changes In Cash | — | — | — | — | — | — | ($77.9m) | $233.6m | $190.2m | ($267.8m) | ($1.8b) | |
| End Cash Position | — | — | — | — | — | — | $185.6m | $415.8m | $605.6m | $344.4m | $318.6m | |
| Excess Tax Benefit From Stock Based Compensation | — | — | — | — | — | ($2.4m) | ($200k) | ($600k) | — | — | — | |
| Financing Cash Flow | — | — | — | — | — | — | ($25.4m) |
($210.1m)
-727.17%
|
($165.9m)
+21.04%
|
$3.4b
+2119.83%
|
$1.7b
-49.66%
|
|
| Free Cash Flow | — | — | — | — | — | — | $7.8m | $445.4m | $359.6m | $199.8m | $352.4m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($12.7m) | ($2.0m) | $0 | ($26.2m) | ($26.2m) | |
| Interest Received CFI | — | — | — | — | — | ($1.9m) | ($8.5m) | ($19.5m) | ($21.0m) | — | ($10.4m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($660.1m) | ($470.5m) | ($446.7m) | ($4.2b) | ($4.2b) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | — | $0 | $0 | ($3.9b) | ($3.9b) | |
| Net Investment Purchase And Sale | — | — | — | — | — | $26.1m | $105.7m | — | — | — | — | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($577.2m) | ($445.1m) | ($421.8m) | ($275.7m) | ($262.3m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($12.7m) | ($2.0m) | — | ($26.2m) | ($26.2m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($25.0m) | $114.3m | $115.4m | $108.3m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | — | $0 | $0 | $1.7m | $2.7m | |
| Purchase Of Business | — | — | — | — | — | — | — | $0 | $0 | ($3.9b) | ($3.9b) | |
| Purchase Of PPE | $101.9m | $203.7m | $301.1m | $193.8m | $110.7m | $257.8m | ($591.3m) | ($449.3m) | ($422.2m) | ($383.9m) | ($374.5m) | |
| Sale Of Investment | — | — | — | — | — | $26.1m | $105.7m | — | — | — | — | |
| Sale Of PPE | — | — | — | — | — | — | $14.1m | $4.2m | $400k | $108.2m | $108.2m | |
| Stock Based Compensation | — | — | — | — | — | — | $15.7m | $28.2m | $23.0m | $38.0m | $43.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.