Earnings Reports 2 February 2026

July 10, 2026, 4:15 PM EDT. James Hardie Industries plc (NYSE:JHX) dropped 5.3% after being cut from major Russell growth indices as of June 27, 2026. Losing its slot means less ownership by index-tracker funds and could make the stock price more volatile. The main reasons to stay invested, including fiber cement and AZEK growth and an expected $6.3 billion in 2029 sales, are still on the table. But pressure on profit margins, higher debt loads, and refinancing risks are concerns, especially with housing looking soft. The company booked $4.84 billion in revenue, but net income was down at $104 million in May 2026. Analyst views on value remain mixed, as housing cycle and integration bumps hold back bulls.