James Hardie Industries Plc. · NYSE:JHX
James Hardie Industries — Q1 2027 Earnings Presentation
25 slides from James Hardie Industries's earnings presentation, Aug 6, 2026
Slide 1: First Quarter FY27 Earnings Presentation
First Quarter FY27 Earnings Presentation Thursday, August 6th Q 1 F Y2 7 E A RNI NG S P RE S E NTAT IO N 1
Slide 2: Cautionary Note and Use of Non-GAAP Measures
Cautionary Note and Use of Non-GAAP Measures This Earnings Presentation contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. James Hardie Industries plc (the “Company”) may from time to time make forward-looking statements in its periodic re
Slide 3: James Hardie At A Glance
James Hardie At A Glance $5.3B 9% 6-YEAR FY26 PF NORTH AMERICA PF REVENUE REVENUE CAGR $1.4B 27.2% James Hardie is a leading provider of FY26 PF ADJ. EBITDA FY26 PF ADJ. EBITDA exterior home and outdoor living solutions MARGIN Total Net Sales NA Net Sales NA Net Sales by Geography Europe by End-Mark
Slide 4: Our North America Markets are Large with Substantial Opportunity for Material Conversion
Our North America Markets are Large with Substantial Opportunity for Material Conversion SIDING OTHER EXTERIORS DECKING RAILING PERGOLAS/STRUCTURES ~78% ~54% ~76% ~63% ~85% Remaining conversion Remaining conversion Remaining conversion Remaining conversion Remaining conversion opportunity by volume
Slide 5: Focused Long-term Strategy with Multiple Levers for Profitable Growth and Performance
Focused Long-term Strategy with Multiple Levers for Profitable Growth and Performance The Home of Resilient Beauty. Accelerate Drive Advance Extend Enhance Material Channel Product Brand Homeowner & Conversion Expansion Innovation Leadership Pro Journey Converting inferior Leveraging expanded Develo
Slide 6: Strong Progress on Cost & Commercial Synergies
Strong Progress on Cost & Commercial Synergies Integration Momentum Driving Cost Synergies Commercial Synergies Across the Value Chain Wins At Each Step of the Value Chain Validate Our Confidence in Achieving Over $500mm of Commercial Synergies Commercial & R&D General & CONTRACTORS Partnering to Sc
Slide 7: Hardie's National Full-Line Relationship Anchors Distribution Consolidation Across Boise Cascade's Footprint
Hardie's National Full-Line Relationship Anchors Distribution Consolidation Across Boise Cascade's Footprint Why James Hardie Best-in-class exterior package: Hardie Siding + AZEK Trim + TimberTech Decking — the most complete, durable exterior and outdoor-living offering NATIONAL FULL-LINE Proven
Slide 8: Best-in-Class Regional Distributors Complete the National Network
Best-in-Class Regional Distributors Complete the National Network Regional distributors are expanding their James Hardie relationships — broadening access Why Regional Partners to Hardie® siding and trim alongside AZEK® Exteriors and TimberTech® decking and railing across their markets Local Stren
Slide 9: We Launched Statement Essentials and Reset ColorPlus to Attack Vinyl Conversion
We Launched Statement Essentials and Reset ColorPlus to Attack Vinyl Conversion in the Northeast and Midwest The ColorPlus Reset: A Full Portfolio for Every Price Point The Reset is Launching on a Regional Basis • Enabled by Local Dealers ColorPlus® Technology is Hardie's factory-finished, pre-paint
Slide 10: Midwest East Pilot Continues to Demonstrate Strong Momentum in Q1
Midwest East Pilot Continues to Demonstrate Strong Momentum in Q1 Quarterly ColorPlus® Ship To Revenue – Current Year vs Prior Year Q2 25 Q2 26 Q3 25 Q3 26 Q4 25 Q4 26 Q1 26 Q1 27 Q 1 F Y2 7 E A RNI NG S P RE S E NTAT IO N 10 Note: Represents post-commercialization period. Ship to revenue represents
Slide 11: Trim-Over and Hardie ProLab are Turning the Cost-Gap Story Into Closed Wins
Trim-Over and Hardie ProLab are Turning the Cost-Gap Story Into Closed Wins Trim-Over Method Hardie ProLab ~50% ~30% ~50 Events ~1,250 Upgrade cost vs. vinyl vs Q1 Target of 36 Q1 Trained Contractor (down from ~100%) Faster Installation Crews Vinyl Remains Primary Displacement Opportunity, with Grow
Slide 12: Q1 FY27 Financial Results
Q1 FY27 Financial Results Net Sales $1,475mm +64% Adjusted EBITDA $422mm +79% Adjusted EBITDA Margin 28.6% +230bps Adjusted Diluted EPS $0.36 +13% Free Cash Flow $254mm +145% Results Reflect Strong Contributions From Siding & Trim Despite Market Softness in North America Q 1 F Y2 7 E A RNI NG S P RE
Slide 13: Q1 Organic Business Results
Q1 Organic Business Results Net Sales $1,078mm +20% Adjusted EBITDA $314mm +33% Adjusted EBITDA Margin 29.1% +280 bps Net Sales $397mm (5)% Adjusted EBITDA $108mm (15)% Adjusted EBITDA Margin 27.2% (320) bps Q 1 F Y2 7 E A RNI NG S P RE S E NTAT IO N Note: Adjusted EBITDA and Adjusted EBITDA Margin
Slide 14: Siding & Trim (S&T)
Siding & Trim (S&T) Net Sales Organic S&T Net Sales up 20% Inorganic Volume Growth Returns; Strong Price/Mix Realization Drive Contribution $860mm Price/Mix 20% Organic Growth+34% Growth Volumes Up HSD% • Fiber Cement Exteriors volume increased +MDD% LDD% - Single-family exteriors increased +MDD%, p
Slide 15: Deck, Rail & Accessories (DR&A)
Deck, Rail & Accessories (DR&A) Net Sales Demand Remains Healthy; Sell-Through Outpacing Shipments As Channel Normalizes • Q1 Net Sales of $305mm, down (5%), almost entirely driven by lower volume • Volume decline reflects the planned reduction in production and shipments initiated late in the prior
Slide 16: Australia & New Zealand (ANZ) Europe
Australia & New Zealand (ANZ) Europe Net Sales Net Sales ANZ Net Sales Increased +26% On Strong Volume Growth and Sales Growth Driven by volume growth in Fiber Gypsum New Builder Wins, aided by an FX tailwind aided by price/mix and a FX tailwind FX Tailwind $153mm +MSD% FX Tailwind $156mm +HSD% Pric
Slide 17: FY27 Q2 Guide and Full Year Planning Assumptions
FY27 Q2 Guide and Full Year Planning Assumptions FY27 Q2 Guide and Full Year Planning Assumptions ($ millions) Q2 FY27 FY27 Net Sales Low High Low High Siding & Trim 835 875 3,226 3,314 Deck, Rail & Accessories 365 395 1,210 1,240 Total Net Sales 1,485 1,575 5,564 5,723 Adjusted EBITDA Siding & Trim
Slide 18: Cash Flow Continues to Enable Quick Deleverage Path
Cash Flow Continues to Enable Quick Deleverage Path Pro Forma Deleveraging Actions Q2 FY28 FY27 Q1 Debt reduction enabled by strong FCF Net Debt (June 30, 2026) ~$4.1bn generation as operating cash flow increases and growth capex requirements remain modest FY27 Q1 TTM Solid Adjusted EBITDA growth dr
Slide 19: Non-GAAP Financial Measures
Non-GAAP Financial Measures Adjusted Net Income and Adjusted Diluted Earnings Per Share Adjusted EBITDA, Adjusted EBITDA Margin and Pro Forma net sales (Millions of U.S. dollars, except per share amounts) Three Months Ended June 30, (Millions of U.S. dollars) Three Months Ended June 30, Fiscal Year
Slide 20: Non-GAAP Financial Measures
Non-GAAP Financial Measures Deck, Rail & Accessories Segment Adjusted EBITDA and Adjusted EBITDA Margin Siding & Trim Segment Adjusted EBITDA and Adjusted EBITDA Margin (Millions of U.S. dollars) Three Months Ended June 30, (Millions of U.S. dollars) Three Months Ended June 30, 2026 2026 2025 Deck,
Slide 21: Non-GAAP Financial Measures
Non-GAAP Financial Measures Adjusted General Corporate and Unallocated R&D EBITDA Adjusted Income Before Income Taxes, Adjusted Income Tax Expense and (Millions of U.S. dollars) Three Months Ended June 30, Adjusted Effective Tax Rate 2026 2025 (Millions of U.S. dollars) Three Months Ended June 30, G
Slide 22: Non-GAAP Financial Measures
Non-GAAP Financial Measures Organic James Hardie (Excluding AZEK) Adjusted EBITDA and AZEK Adjusted EBITDA and Adjusted EBITDA Margin1 Adjusted EBITDA Margin (Millions of U.S. dollars) Three Months (Millions of U.S. dollars) Three Months Ended June 30, Ended June 30, 2026 2025 2026 AZEK net income $
Slide 23: Non-GAAP Financial Measures
Non-GAAP Financial Measures Net Leverage Ratio Free Cash Flow (Millions of U.S. dollars) Three Months Ended June 30, (Millions of U.S. dollars) June 30, 2026 2026 2025 Numerator: Net cash provided by operating activities $ 344.0 $ 206.9 Total principal amount of debt $ 4,306.3 Purchases of property,
Slide 24: Definitions
Definitions AICF – Asbestos Injuries Compensation Fund Ltd ANZ – Australia and New Zealand DR&A – Deck, Rail & Accessories Free Cash Flow – Free Cash Flow (“FCF"), unless otherwise noted, is defined as net cash provided by operating activities less purchases of property, plant and equipment net of p
Slide 25: Investor Day
Save the Date Investor Day Tuesday, September 15th | New York City Registration invitations have been distributed. Please complete your registration for either in- person or virtual attendance by September 1, 2026. As space is limited, in-person attendance requires advance registration and is subjec
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