JHX vs. WPM: James Hardie Industries vs. Wheaton Precious Metals Stock Comparison

November 11, 2026

How do James Hardie Industries (JHX) and Wheaton Precious Metals (WPM) 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 Wheaton Precious Metals (WPM) both fall under the Materials industry group, but JHX is classified in Construction Materials while WPM is classified in Metals & Mining.

Company profile comparison for James Hardie Industries (JHX) and Wheaton Precious Metals (WPM)
Profile Item	JHX	WPM
Name	James Hardie Industries plc	Wheaton Precious Metals Corp.
Country/Region	Ireland	Canada
GICS Sector	Materials	Materials
GICS Industry Group	Materials	Materials
GICS Industry	Construction Materials	Metals & Mining
GICS Sub-Industry	Construction Materials	Gold
Market Capitalization	16.20 billion USD	61.91 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	October 22, 2001	July 6, 2005
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

JHX

WPM

GSPC

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM), 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 Wheaton Precious Metals (WPM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for James Hardie Industries (JHX) and Wheaton Precious Metals (WPM). 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 Wheaton Precious Metals (WPM)
Metric	JHX	WPM
Total Return (1Y)	72.20%	45.35%
Total Return (3Y, Annualized)	0.38%	50.60%
Total Return (5Y, Annualized)	-5.23%	29.06%

Risk Profile

Drawdown History

JHX

WPM

GSPC

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM), 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 Wheaton Precious Metals (WPM). 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 Wheaton Precious Metals (WPM) is defensive at 0.49 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 Wheaton Precious Metals (WPM)
Metric	JHX	WPM
Volatility (1Y, Annualized)	44.97%	52.11%
Beta (5Y)	1.74	0.49
Max Drawdown (5Y)	-60.26%	-43.29%
Avg. Volume (3M)	9.36M	2.01M

Risk-Adjusted Performance

Risk-Return Positioning

JHX and WPM 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 Wheaton Precious Metals (WPM)
Metric	JHX	WPM
Sharpe Ratio (1Y)	1.51	0.79
Sortino Ratio (1Y)	2.59	1.14

Profitability

ROE (TTM)

Wheaton Precious Metals (WPM) at 23.10% sits in the top ROE quartile, while James Hardie Industries (JHX) at 5.46% is closer to the peer norm — stronger capital efficiency for WPM.

JHX

Materials industry group

5.46%

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

WPM

Materials industry group

23.10%

Max: 52.88%
WPM: 23.10%
Q3: 19.49%
Median: 8.76%
Q1: -3.41%
Min: -32.81%

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): A comparison of their ROE against the Materials industry group benchmark.

Net Margin (TTM)

Wheaton Precious Metals (WPM) at 60.39% converts revenue to bottom-line profit above its industry’s benchmark range, while James Hardie Industries (JHX) at 6.22% keeps roughly the typical share for its industry.

JHX

Materials industry group

6.22%

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

WPM

Materials industry group

60.39%

WPM: 60.39%
Max: 38.66%
Q3: 15.98%
Median: 5.28%
Q1: 0.00%
Min: -20.40%

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): A comparison of their net margin against the Materials industry group benchmark.

Operating Margin (TTM)

Wheaton Precious Metals (WPM) at 66.70% operates in the top operating margin quartile, ahead of James Hardie Industries (JHX) at 19.56%, which runs around its industry’s norm.

JHX

Materials industry group

19.56%

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

WPM

Materials industry group

66.70%

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

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): A comparison of their operating margin against the Materials industry group benchmark.

Profitability Metrics

Profitability metrics for James Hardie Industries (JHX) and Wheaton Precious Metals (WPM)
Metric	JHX	WPM
ROE (TTM)	5.46%	23.10%
ROA (TTM)	4.42%	15.22%
Net Margin (TTM)	6.22%	60.39%
Operating Margin (TTM)	19.56%	66.70%
Gross Margin (TTM)	38.25%	86.61%

Growth

Revenue Growth

Wheaton Precious Metals (WPM) at 80.18% sits in the top revenue growth quartile, while James Hardie Industries (JHX) at 24.71% is closer to the peer norm — faster top-line expansion for WPM.

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Wheaton Precious Metals (WPM) at 177.85% 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.

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for James Hardie Industries (JHX) and Wheaton Precious Metals (WPM)
Metric	JHX	WPM
Revenue Growth (YoY)	24.71%	80.18%
Revenue Growth (3Y CAGR)	8.59%	29.53%
EPS Growth (YoY)	-80.61%	177.85%
EPS Growth (3Y CAGR)	-45.13%	29.83%

Financial Strength

Current Ratio (MRQ)

James Hardie Industries (JHX) at 2.12 keeps current ratio within its industry’s typical mid-range, while Wheaton Precious Metals (WPM) at 0.57 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WPM.

JHX

Materials industry group

2.12

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

WPM

Materials industry group

0.57

Max: 5.96
Q3: 3.30
Median: 2.24
Q1: 1.45
WPM: 0.57
Min: 0.16

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): A comparison of their current ratio against the Materials industry group benchmark.

Debt / Equity (MRQ)

Both James Hardie Industries (JHX) at 0.63 and Wheaton Precious Metals (WPM) at 0.16 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

WPM

Materials industry group

0.16

Max: 1.98
Q3: 0.89
Median: 0.47
WPM: 0.16
Q1: 0.13
Min: 0.00

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): 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 Wheaton Precious Metals (WPM)
Metric	JHX	WPM
Current Ratio (MRQ)	2.12	0.57
Debt / Equity (MRQ)	0.63	0.16
Net Debt / EBITDA	2.43	0.50

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 Wheaton Precious Metals (WPM) reports a yield of 0.57%, 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%

WPM

Materials industry group

0.57%

Max: 4.52%
Q3: 1.85%
WPM: 0.57%
Median: 0.38%
Q1: 0.00%
Min: 0.00%

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): 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 Wheaton Precious Metals (WPM) reports a payout of 16.29%, 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%

WPM

Materials industry group

16.29%

Max: 83.62%
Q3: 41.37%
WPM: 16.29%
Median: 9.54%
Q1: 0.00%
Min: 0.00%

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): A comparison of their payout ratio against the Materials industry group benchmark.

Dividend Metrics

Dividend metrics for James Hardie Industries (JHX) and Wheaton Precious Metals (WPM)
Metric	JHX	WPM
Dividend Yield (TTM)	0.00%	0.57%
Dividend Payout Ratio (TTM)	0.00%	16.29%

Valuation

P/E Ratio (TTM)

Wheaton Precious Metals (WPM) at 29.63 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.

JHX

Materials industry group

48.02

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

WPM

Materials industry group

29.63

Max: 59.00
Q3: 32.93
WPM: 29.63
Median: 18.82
Q1: 11.96
Min: 3.93

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): A comparison of their P/E ratio against the Materials industry group benchmark.

P/S Ratio (TTM)

James Hardie Industries (JHX) at 2.86 prices around its industry’s typical P/S ratio, while Wheaton Precious Metals (WPM) at 17.86 clears its benchmark range — WPM looks notably rich on sales.

JHX

Materials industry group

2.86

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

WPM

Materials industry group

17.86

WPM: 17.86
Max: 9.62
Q3: 4.34
Median: 1.87
Q1: 0.73
Min: 0.00

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): 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 Wheaton Precious Metals (WPM) at 6.17 carries an above-peer premium to book — WPM is pricier on assets.

JHX

Materials industry group

2.41

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

WPM

Materials industry group

6.17

Max: 6.59
WPM: 6.17
Q3: 3.55
Median: 2.08
Q1: 1.26
Min: -0.17

James Hardie Industries (JHX) vs. Wheaton Precious Metals (WPM): A comparison of their P/B ratio against the Materials industry group benchmark.

Valuation Metrics

Valuation metrics for James Hardie Industries (JHX) and Wheaton Precious Metals (WPM)
Metric	JHX	WPM
P/E Ratio (TTM)	48.02	29.63
P/S Ratio (TTM)	2.86	17.86
P/B Ratio (MRQ)	2.41	6.17
Free Cash Flow Yield (TTM)	0.98%	-5.11%