Below are the financial statements of James Hardie Industries, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 3,936.3a | 3,777.1a | 3,614.7a |
| Cost of goods sold | -2,347.9a | -2,465.1a | -2,301.2a |
| Gross profit | 1,588.4a | 1,312a | 1,313.5a |
| Selling, general and administrative expenses | -602.2a | -494a | -461.2a |
| Research and development expenses | -47a | -39.6a | -38a |
| Asset impairment - greenfield site | -20.1a | 0a | 0a |
| Asbestos adjustments loss | -151.7a | -37a | -131.7a |
| Operating income | 767.4a | 741.4a | 682.6a |
| Interest, net | 15.3a | 30.7a | 39.3a |
| Other (income) expense, net | -2.7a | -12.8a | 0.2a |
| Income before income taxes | 754.8a | 723.5a | 643.1a |
| Income tax expense | -244.6a | -211.5a | -184a |
| Net income | 510.2a | 512a | 459.1a |
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