CRS vs. JHX: Carpenter vs. James Hardie Industries Stock Comparison

November 11, 2026

How do Carpenter (CRS) and James Hardie Industries (JHX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Carpenter (CRS) and James Hardie Industries (JHX) both fall under the Materials industry group, but CRS is classified in Metals & Mining while JHX is classified in Construction Materials.

Company profile comparison for Carpenter (CRS) and James Hardie Industries (JHX)
Profile Item	CRS	JHX
Name	Carpenter Technology Corporation	James Hardie Industries plc
Country/Region	United States	Ireland
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Metals & Mining	Construction Materials
GICS Sub-Industry	Steel	Construction Materials
Market Capitalization	13.79 billion USD	16.20 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	October 22, 2001
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CRS

JHX

GSPC

Carpenter (CRS) vs. James Hardie Industries (JHX), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Carpenter (CRS) and James Hardie Industries (JHX). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Carpenter (CRS) and James Hardie Industries (JHX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Carpenter (CRS) and James Hardie Industries (JHX)
Metric	CRS	JHX
Total Return (1Y)	-8.47%	72.20%
Total Return (3Y, Annualized)	66.22%	0.38%
Total Return (5Y, Annualized)	56.37%	-5.23%

Risk Profile

Drawdown History

CRS

JHX

GSPC

Carpenter (CRS) vs. James Hardie Industries (JHX), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Carpenter (CRS) and James Hardie Industries (JHX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Carpenter (CRS) and James Hardie Industries (JHX)
Metric	CRS	JHX
Volatility (1Y, Annualized)	49.01%	44.97%
Beta (5Y)	1.39	1.74
Max Drawdown (5Y)	-55.01%	-60.26%
Avg. Volume (3M)	913.10K	9.36M

Risk-Adjusted Performance

Risk-Return Positioning

CRS and JHX are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Carpenter (CRS) and James Hardie Industries (JHX)
Metric	CRS	JHX
Sharpe Ratio (1Y)	-0.26	1.51
Sortino Ratio (1Y)	-0.36	2.59

Profitability

ROE (TTM)

Carpenter (CRS) at 27.84% sits in the top ROE quartile, while James Hardie Industries (JHX) at 5.46% is closer to the peer norm — stronger capital efficiency for CRS.

CRS

Materials industry group

27.84%

Max: 52.88%
CRS: 27.84%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

JHX

Materials industry group

5.46%

Max: 52.88%
Q3: 19.49%
Median: 8.76%
JHX: 5.46%
Q1: -3.41%
Min: -32.81%

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Carpenter (CRS) at 17.87% retains a top-quartile share of revenue as profit, ahead of James Hardie Industries (JHX) at 6.22%, which keeps about the industry-typical share.

CRS

Materials industry group

17.87%

Max: 38.66%
CRS: 17.87%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

JHX

Materials industry group

6.22%

Max: 38.66%
Q3: 15.98%
JHX: 6.22%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both Carpenter (CRS) at 24.69% and James Hardie Industries (JHX) at 19.56% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CRS

Materials industry group

24.69%

Max: 66.70%
Q3: 28.92%
CRS: 24.69%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

JHX

Materials industry group

19.56%

Max: 66.70%
Q3: 28.92%
JHX: 19.56%
Median: 12.56%
Q1: 3.28%
Min: -14.07%

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for Carpenter (CRS) and James Hardie Industries (JHX)
Metric	CRS	JHX
ROE (TTM)	27.84%	5.46%
ROA (TTM)	12.96%	4.42%
Net Margin (TTM)	17.87%	6.22%
Operating Margin (TTM)	24.69%	19.56%
Gross Margin (TTM)	31.22%	38.25%

Growth

Revenue Growth

Both Carpenter (CRS) at 8.59% and James Hardie Industries (JHX) at 24.71% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Carpenter (CRS) at 41.78% is around its peer norm for EPS growth, while James Hardie Industries (JHX) at -80.61% drops into the bottom quartile, signaling weaker earnings momentum.

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Carpenter (CRS) and James Hardie Industries (JHX)
Metric	CRS	JHX
Revenue Growth (YoY)	8.59%	24.71%
Revenue Growth (3Y CAGR)	7.00%	8.59%
EPS Growth (YoY)	41.78%	-80.61%
EPS Growth (3Y CAGR)	109.75%	-45.13%

Financial Strength

Current Ratio (MRQ)

James Hardie Industries (JHX) at 2.12 keeps current ratio within its industry’s typical mid-range, while Carpenter (CRS) at 3.94 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

CRS

Materials industry group

3.94

Max: 5.96
CRS: 3.94
Q3: 3.30
Median: 2.24
Q1: 1.45
Min: 0.16

JHX

Materials industry group

2.12

Max: 5.96
Q3: 3.30
Median: 2.24
JHX: 2.12
Q1: 1.45
Min: 0.16

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both Carpenter (CRS) at 0.32 and James Hardie Industries (JHX) at 0.63 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

CRS

Materials industry group

0.32

Max: 1.98
Q3: 0.89
Median: 0.47
CRS: 0.32
Q1: 0.13
Min: 0.00

JHX

Materials industry group

0.63

Max: 1.98
Q3: 0.89
JHX: 0.63
Median: 0.47
Q1: 0.13
Min: 0.00

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Carpenter (CRS) and James Hardie Industries (JHX)
Metric	CRS	JHX
Current Ratio (MRQ)	3.94	2.12
Debt / Equity (MRQ)	0.32	0.63
Net Debt / EBITDA	0.62	2.43

Dividends

Dividend Yield (TTM)

James Hardie Industries (JHX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Carpenter (CRS) reports a yield of 0.29%, ranking against industry peers normally.

CRS

Materials industry group

0.29%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
CRS: 0.29%
Q1: 0.00%
Min: 0.00%

JHX

Materials industry group

0.00%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
JHX: 0.00%
Q1: 0.00%
Min: 0.00%

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their dividend yield against the Materials industry group benchmark.

Dividend Payout Ratio (TTM)

James Hardie Industries (JHX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Carpenter (CRS) reports a payout of 7.05%, ranking against industry peers normally.

CRS

Materials industry group

7.05%

Max: 83.62%
Q3: 41.37%
Median: 9.54%
CRS: 7.05%
Q1: 0.00%
Min: 0.00%

JHX

Materials industry group

0.00%

Max: 83.62%
Q3: 41.37%
Median: 9.54%
JHX: 0.00%
Q1: 0.00%
Min: 0.00%

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for Carpenter (CRS) and James Hardie Industries (JHX)
Metric	CRS	JHX
Dividend Yield (TTM)	0.29%	0.00%
Dividend Payout Ratio (TTM)	7.05%	0.00%

Valuation

P/E Ratio (TTM)

Carpenter (CRS) at 24.54 is near its industry’s usual P/E ratio, while James Hardie Industries (JHX) at 48.02 sits in the richer quartile — JHX needs stronger growth or earnings quality to justify the premium.

CRS

Materials industry group

24.54

Max: 59.00
Q3: 32.93
CRS: 24.54
Median: 18.82
Q1: 11.96
Min: 3.93

JHX

Materials industry group

48.02

Max: 59.00
JHX: 48.02
Q3: 32.93
Median: 18.82
Q1: 11.96
Min: 3.93

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Carpenter (CRS) at 4.32 and James Hardie Industries (JHX) at 2.86 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

CRS

Materials industry group

4.32

Max: 9.62
Q3: 4.34
CRS: 4.32
Median: 1.87
Q1: 0.73
Min: 0.00

JHX

Materials industry group

2.86

Max: 9.62
Q3: 4.34
JHX: 2.86
Median: 1.87
Q1: 0.73
Min: 0.00

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

James Hardie Industries (JHX) at 2.41 is valued about in line with its industry on P/B ratio, while Carpenter (CRS) at 6.32 carries an above-peer premium to book — CRS is pricier on assets.

CRS

Materials industry group

6.32

Max: 6.59
CRS: 6.32
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

JHX

Materials industry group

2.41

Max: 6.59
Q3: 3.55
JHX: 2.41
Median: 2.08
Q1: 1.26
Min: -0.17

Carpenter (CRS) vs. James Hardie Industries (JHX): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for Carpenter (CRS) and James Hardie Industries (JHX)
Metric	CRS	JHX
P/E Ratio (TTM)	24.54	48.02
P/S Ratio (TTM)	4.32	2.86
P/B Ratio (MRQ)	6.32	2.41
Free Cash Flow Yield (TTM)	1.54%	0.98%