Fortune Brands Innovations vs James Hardie Industries
James Hardie Industries reported revenue of $4.8 billion in fiscal 2026, about the same as Fortune Brands Innovations' $4.5 billion in fiscal 2025. Fortune Brands Innovations' revenue fell 3.2% in its latest year, and James Hardie Industries' grew 24.7%. Fortune Brands Innovations had an operating margin of 11.6%, against 9.3% at James Hardie Industries. Free cash flow was $367 million at Fortune Brands Innovations and $206 million at James Hardie Industries. Their fiscal years end in different months (December 27 and March 31), so the periods don't line up exactly.
Side by side
| Fortune Brands Innovations | James Hardie Industries | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 27, 2025 | FY2026, Mar 31, 2026 |
| Revenue | $4.5B | $4.8B |
| Revenue growth | −3.2% | 24.7% |
| Revenue growth a year, last 5 years | 4.3% | 10.7% |
| Gross margin | 44.6% | 35.8% |
| Operating margin | 11.6% | 9.3% |
| Net margin | 6.7% | 2.1% |
| Free cash flow | $367M | $206M |
| Free cash flow margin | 8.2% | 4.3% |
| Return on capital | 7.7% | 3.3% |
| Net debt to EBITDA | 3.2x | 4.6x |
| Dividends and buybacks | $368M | $0M |
| Change in diluted share count | −3.6% | 26.2% |
| Last close | $43.03 | $26.02 |
| P/E at the last close | 34.7× | 136.9× |
| Insider trades, last 12 months | bought $30.7 million, sold $30,678 | bought $68,730, sold $28.3 million |
| Piotroski F-score | 6 of 9 | 4 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Fortune Brands InnovationsJames Hardie Industries
Operating margin
Percent of revenue
Fortune Brands InnovationsJames Hardie Industries
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Fortune Brands InnovationsJames Hardie Industries
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Fortune Brands Innovations and James Hardie Industries pages.