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JHX vs. MT: James Hardie Industries vs. ArcelorMittal Stock Comparison

How do James Hardie Industries (JHX) and ArcelorMittal (MT) 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

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

James Hardie Industries (JHX) trades as ordinary local shares, while ArcelorMittal (MT) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for James Hardie Industries (JHX) and ArcelorMittal (MT)
Profile ItemJHXMT
NameJames Hardie Industries plcArcelorMittal NY Registry Shares
Country/RegionIrelandLuxembourg
GICS SectorMaterialsMaterials
GICS Industry GroupMaterialsMaterials
GICS IndustryConstruction MaterialsMetals & Mining
GICS Sub-IndustryConstruction MaterialsSteel
Market Capitalization16.20 billion USD45.85 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 22, 2001August 7, 1997
Security TypeCommon StockADR

Price Performance

Cumulative Growth

JHX
MT
GSPC
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James Hardie Industries (JHX) vs. ArcelorMittal (MT), 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 James Hardie Industries (JHX) and ArcelorMittal (MT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for James Hardie Industries (JHX) and ArcelorMittal (MT)
MetricJHXMT
Total Return (1Y)72.20%65.49%
Total Return (3Y, Annualized)0.38%45.03%
Total Return (5Y, Annualized)-5.23%16.55%

Risk Profile

Drawdown History

JHX
MT
GSPC
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James Hardie Industries (JHX) vs. ArcelorMittal (MT), 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 James Hardie Industries (JHX) and ArcelorMittal (MT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for James Hardie Industries (JHX) and ArcelorMittal (MT)
MetricJHXMT
Volatility (1Y, Annualized)44.97%44.08%
Beta (5Y)1.741.49
Max Drawdown (5Y)-60.26%-45.99%
Avg. Volume (3M)9.36M1.35M

Risk-Adjusted Performance

Risk-Return Positioning

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JHX and MT 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 James Hardie Industries (JHX) and ArcelorMittal (MT)
MetricJHXMT
Sharpe Ratio (1Y)1.511.39
Sortino Ratio (1Y)2.592.23

Profitability

ROE (TTM)

Both James Hardie Industries (JHX) at 5.46% and ArcelorMittal (MT) at 1.83% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

JHX

Materials industry group

5.46%

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

MT

Materials industry group

1.83%

Max
52.88%
Q3
19.49%
Median
8.76%
MT
1.83%
Q1
-3.41%
Min
-32.81%
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James Hardie Industries (JHX) vs. ArcelorMittal (MT): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Both James Hardie Industries (JHX) at 6.22% and ArcelorMittal (MT) at 1.64% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

JHX

Materials industry group

6.22%

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

MT

Materials industry group

1.64%

Max
38.66%
Q3
15.98%
Median
5.28%
MT
1.64%
Q1
0.00%
Min
-20.40%
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James Hardie Industries (JHX) vs. ArcelorMittal (MT): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Both James Hardie Industries (JHX) at 19.56% and ArcelorMittal (MT) at 6.16% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

JHX

Materials industry group

19.56%

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

MT

Materials industry group

6.16%

Max
66.70%
Q3
28.92%
Median
12.56%
MT
6.16%
Q1
3.28%
Min
-14.07%
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James Hardie Industries (JHX) vs. ArcelorMittal (MT): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for James Hardie Industries (JHX) and ArcelorMittal (MT)
MetricJHXMT
ROE (TTM)5.46%1.83%
ROA (TTM)4.42%1.31%
Net Margin (TTM)6.22%1.64%
Operating Margin (TTM)19.56%6.16%
Gross Margin (TTM)38.25%8.16%

Growth

Revenue Growth

James Hardie Industries (JHX) at 24.71% is around its peer norm for revenue growth, while ArcelorMittal (MT) at -1.74% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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

EPS Growth

ArcelorMittal (MT) at 143.20% sits in the top EPS growth quartile, while James Hardie Industries (JHX) at -80.61% is in the bottom quartile, showing a clear gap in earnings momentum.

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

Growth Metrics

Growth metrics for James Hardie Industries (JHX) and ArcelorMittal (MT)
MetricJHXMT
Revenue Growth (YoY)24.71%-1.74%
Revenue Growth (3Y CAGR)8.59%-8.41%
EPS Growth (YoY)-80.61%143.20%
EPS Growth (3Y CAGR)-45.13%-26.09%

Financial Strength

Current Ratio (MRQ)

James Hardie Industries (JHX) at 2.12 keeps current ratio within its industry’s typical mid-range, while ArcelorMittal (MT) at 1.41 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MT.

JHX

Materials industry group

2.12

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

MT

Materials industry group

1.41

Max
5.96
Q3
3.30
Median
2.24
Q1
1.45
MT
1.41
Min
0.16
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James Hardie Industries (JHX) vs. ArcelorMittal (MT): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both James Hardie Industries (JHX) at 0.63 and ArcelorMittal (MT) at 0.24 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

JHX

Materials industry group

0.63

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

MT

Materials industry group

0.24

Max
1.98
Q3
0.89
Median
0.47
MT
0.24
Q1
0.13
Min
0.00
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James Hardie Industries (JHX) vs. ArcelorMittal (MT): A comparison of their debt-to-equity ratio against the Materials industry group benchmark.

Financial Strength Metrics

Financial strength metrics for James Hardie Industries (JHX) and ArcelorMittal (MT)
MetricJHXMT
Current Ratio (MRQ)2.121.41
Debt / Equity (MRQ)0.630.24
Net Debt / EBITDA2.432.08

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 ArcelorMittal (MT) reports a yield of 0.99%, ranking against industry peers normally.

JHX

Materials industry group

0.00%

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

MT

Materials industry group

0.99%

Max
4.52%
Q3
1.85%
MT
0.99%
Median
0.38%
Q1
0.00%
Min
0.00%
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James Hardie Industries (JHX) vs. ArcelorMittal (MT): 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 ArcelorMittal (MT) reports a payout of 52.92%, ranking against industry peers normally.

JHX

Materials industry group

0.00%

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

MT

Materials industry group

52.92%

Max
83.62%
MT
52.92%
Q3
41.37%
Median
9.54%
Q1
0.00%
Min
0.00%
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James Hardie Industries (JHX) vs. ArcelorMittal (MT): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for James Hardie Industries (JHX) and ArcelorMittal (MT)
MetricJHXMT
Dividend Yield (TTM)0.00%0.99%
Dividend Payout Ratio (TTM)0.00%52.92%

Valuation

P/E Ratio (TTM)

Both James Hardie Industries (JHX) at 48.02 and ArcelorMittal (MT) at 44.51 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

JHX

Materials industry group

48.02

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

MT

Materials industry group

44.51

Max
59.00
MT
44.51
Q3
32.93
Median
18.82
Q1
11.96
Min
3.93
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James Hardie Industries (JHX) vs. ArcelorMittal (MT): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

ArcelorMittal (MT) at 0.72 sits in the cheaper P/S ratio quartile while James Hardie Industries (JHX) at 2.86 prices around its industry’s middle — MT costs less per dollar of sales, though read it alongside growth and margins.

JHX

Materials industry group

2.86

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

MT

Materials industry group

0.72

Max
9.62
Q3
4.34
Median
1.87
Q1
0.73
MT
0.72
Min
0.00
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James Hardie Industries (JHX) vs. ArcelorMittal (MT): A comparison of their P/S ratio against the Materials industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both James Hardie Industries (JHX) at 2.41 and ArcelorMittal (MT) at 1.70 are valued close to their industries’ norm against book — neither stands out from peers.

JHX

Materials industry group

2.41

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

MT

Materials industry group

1.70

Max
6.59
Q3
3.55
Median
2.08
MT
1.70
Q1
1.26
Min
-0.17
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James Hardie Industries (JHX) vs. ArcelorMittal (MT): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for James Hardie Industries (JHX) and ArcelorMittal (MT)
MetricJHXMT
P/E Ratio (TTM)48.0244.51
P/S Ratio (TTM)2.860.72
P/B Ratio (MRQ)2.411.70
Free Cash Flow Yield (TTM)0.98%-1.75%