JHX vs. SUZ: James Hardie Industries vs. Suzano Stock Comparison

November 11, 2026

How do James Hardie Industries (JHX) and Suzano (SUZ) 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 Suzano (SUZ) both fall under the Materials industry group, but JHX is classified in Construction Materials while SUZ is classified in Paper & Forest Products.

James Hardie Industries (JHX) trades as ordinary local shares, while Suzano (SUZ) 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 Suzano (SUZ)
Profile Item	JHX	SUZ
Name	James Hardie Industries plc	Suzano S.A. - Sponsored ADR
Country/Region	Ireland	Brazil
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Construction Materials	Paper & Forest Products
GICS Sub-Industry	Construction Materials	Paper Products
Market Capitalization	16.20 billion USD	11.90 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	October 22, 2001	November 4, 2008
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

JHX

SUZ

GSPC

James Hardie Industries (JHX) vs. Suzano (SUZ), 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 Suzano (SUZ). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for James Hardie Industries (JHX) and Suzano (SUZ). 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 Suzano (SUZ)
Metric	JHX	SUZ
Total Return (1Y)	72.20%	9.33%
Total Return (3Y, Annualized)	0.38%	-1.70%
Total Return (5Y, Annualized)	-5.23%	4.04%

Risk Profile

Drawdown History

JHX

SUZ

GSPC

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

Risk Metrics

James Hardie Industries (JHX) has an aggressive beta of 1.74, indicating higher sensitivity to broad-market moves, while Suzano (SUZ) is defensive at 0.56 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk profile metrics for James Hardie Industries (JHX) and Suzano (SUZ)
Metric	JHX	SUZ
Volatility (1Y, Annualized)	44.97%	30.42%
Beta (5Y)	1.74	0.56
Max Drawdown (5Y)	-60.26%	-38.50%
Avg. Volume (3M)	9.36M	3.57M

Risk-Adjusted Performance

Risk-Return Positioning

JHX and SUZ 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 Suzano (SUZ)
Metric	JHX	SUZ
Sharpe Ratio (1Y)	1.51	0.17
Sortino Ratio (1Y)	2.59	0.26

Profitability

ROE (TTM)

Both James Hardie Industries (JHX) at 5.46% and Suzano (SUZ) at 16.20% 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%

SUZ

Materials industry group

16.20%

Max: 52.88%
Q3: 19.49%
SUZ: 16.20%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

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

Net Margin (TTM)

Both James Hardie Industries (JHX) at 6.22% and Suzano (SUZ) at 15.94% 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%

SUZ

Materials industry group

15.94%

Max: 38.66%
Q3: 15.98%
SUZ: 15.94%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

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

Operating Margin (TTM)

Both James Hardie Industries (JHX) at 19.56% and Suzano (SUZ) at 9.76% 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%

SUZ

Materials industry group

9.76%

Max: 66.70%
Q3: 28.92%
Median: 12.56%
SUZ: 9.76%
Q1: 3.28%
Min: -14.07%

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

Profitability Metrics

Profitability metrics for James Hardie Industries (JHX) and Suzano (SUZ)
Metric	JHX	SUZ
ROE (TTM)	5.46%	16.20%
ROA (TTM)	4.42%	2.54%
Net Margin (TTM)	6.22%	15.94%
Operating Margin (TTM)	19.56%	9.76%
Gross Margin (TTM)	38.25%	26.68%

Growth

Revenue Growth

Both James Hardie Industries (JHX) at 24.71% and Suzano (SUZ) at 5.72% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Only one side can be read here: James Hardie Industries (JHX) reports EPS growth of -80.61%, ranked against its industry; Suzano (SUZ) has no EPS growth figure this period.

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

Growth Metrics

Growth metrics for James Hardie Industries (JHX) and Suzano (SUZ)
Metric	JHX	SUZ
Revenue Growth (YoY)	24.71%	5.72%
Revenue Growth (3Y CAGR)	8.59%	0.19%
EPS Growth (YoY)	-80.61%	--
EPS Growth (3Y CAGR)	-45.13%	-14.94%

Financial Strength

Current Ratio (MRQ)

Both James Hardie Industries (JHX) at 2.12 and Suzano (SUZ) at 2.54 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

JHX

Materials industry group

2.12

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

SUZ

Materials industry group

2.54

Max: 5.96
Q3: 3.30
SUZ: 2.54
Median: 2.24
Q1: 1.45
Min: 0.16

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

Debt / Equity (MRQ)

James Hardie Industries (JHX) at 0.63 carries an industry-typical debt-to-equity mix, while Suzano (SUZ) at 1.83 uses more debt funding than most peers.

JHX

Materials industry group

0.63

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

SUZ

Materials industry group

1.83

Max: 1.98
SUZ: 1.83
Q3: 0.89
Median: 0.47
Q1: 0.13
Min: 0.00

James Hardie Industries (JHX) vs. Suzano (SUZ): 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 Suzano (SUZ)
Metric	JHX	SUZ
Current Ratio (MRQ)	2.12	2.54
Debt / Equity (MRQ)	0.63	1.83
Net Debt / EBITDA	2.43	4.28

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 Suzano (SUZ) reports a yield of 0.05%, 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%

SUZ

Materials industry group

0.05%

Max: 4.52%
Q3: 1.85%
Median: 0.38%
SUZ: 0.05%
Q1: 0.00%
Min: 0.00%

James Hardie Industries (JHX) vs. Suzano (SUZ): 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 Suzano (SUZ) reports a payout of 17.55%, 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%

SUZ

Materials industry group

17.55%

Max: 83.62%
Q3: 41.37%
SUZ: 17.55%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for James Hardie Industries (JHX) and Suzano (SUZ)
Metric	JHX	SUZ
Dividend Yield (TTM)	0.00%	0.05%
Dividend Payout Ratio (TTM)	0.00%	17.55%

Valuation

P/E Ratio (TTM)

Suzano (SUZ) at 7.49 sits in the cheaper P/E ratio quartile, while James Hardie Industries (JHX) at 48.02 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

JHX

Materials industry group

48.02

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

SUZ

Materials industry group

7.49

Max: 59.00
Q3: 32.93
Median: 18.82
Q1: 11.96
SUZ: 7.49
Min: 3.93

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

P/S Ratio (TTM)

Suzano (SUZ) at 0.23 sits in the cheaper P/S ratio quartile while James Hardie Industries (JHX) at 2.86 prices around its industry’s middle — SUZ 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

SUZ

Materials industry group

0.23

Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
SUZ: 0.23
Min: 0.00

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

P/B Ratio (MRQ)

Suzano (SUZ) at 1.16 sits in the lower P/B ratio quartile against book while James Hardie Industries (JHX) at 2.41 is valued near its industry’s middle — SUZ is cheaper on assets, though weigh it against ROE and asset quality.

JHX

Materials industry group

2.41

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

SUZ

Materials industry group

1.16

Max: 6.59
Q3: 3.55
Median: 2.08
Q1: 1.26
SUZ: 1.16
Min: -0.17

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

Valuation Metrics

Valuation metrics for James Hardie Industries (JHX) and Suzano (SUZ)
Metric	JHX	SUZ
P/E Ratio (TTM)	48.02	7.49
P/S Ratio (TTM)	2.86	0.23
P/B Ratio (MRQ)	2.41	1.16
Free Cash Flow Yield (TTM)	0.98%	-7.73%