James Hardie Industries Plc. · NYSE:JHX
James Hardie Industries — Q3 2026 Earnings Presentation
17 slides from James Hardie Industries's earnings presentation, Feb 10, 2026
Slide 1: Third Quarter FY26 Earnings Presentation
Third Quarter FY26 Earnings Presentation Tuesday, February 10th Q 3 F Y2 6 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 +11%5-YEAR FY25 NORTH AMERICA REVENUE REVENUE CAGR $1.4B 27.2% James Hardie is a leading provider of FY25 ADJ. EBITDA FY25 ADJ. EBITDA MARGIN exterior home and outdoor living solutions Total Net Sales NA Net Sales NA Net Sales by Geography ANZ by End-Market by Product
Slide 4: A Leader in Exterior Home & Outdoor Living Solutions
A Leader in Exterior Home & Outdoor Living Solutions A Product Portfolio Consisting of Best-in-Class Brands Across Attractive Categories A Winning Strategy to Drive Profitable Growth in R&R and New Construction The Right Team to Enable Our Growth, Innovation and Continuous Improvement Plans Globally
Slide 5: 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 6: Q3 FY26 Financial Results
Q3 FY26 Financial Results Net Sales $1,240mm +30% Adjusted EBITDA $330mm +26% Adjusted EBITDA Margin 26.6% (90bps) Adjusted Diluted EPS $0.24 (31%) YTD Free Cash Flow $261mm (20%) Results Reflect Strong Contributions From The AZEK Acquisition Offsetting Market Softness in North America Q 3 F Y2 6 E
Slide 7: Organic Business Results
Organic Business Results Net Sales $965mm +1% Adjusted EBITDA $266mm +1% Adjusted EBITDA Margin 27.5% --- Net Sales $275mm +1% Adjusted EBITDA $64mm +8% Adjusted EBITDA Margin 27.3% +140bps Q 3 F Y2 6 E A RNI NG S P RE S E NTAT IO N Note: Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP finan
Slide 8: Siding & Trim (S&T)
Siding & Trim (S&T) Net Sales $81mm End Markets Remain Soft But More Stable Than Expected, Inorganic Contribution $788mm With Sell-In and Sell-Through Relatively Consistent Organic S&T Net Sales Down (2%) Fiber Cement Exteriors volume declined (MSD%) $719mm +5% ASP Growth Single-family exteriors
Slide 9: Deck, Rail & Accessories (DR&A)
Deck, Rail & Accessories (DR&A) Net Sales Demand Remains Stable With Growth Initiatives Driving Consistent +MSD% Sell-Through Growth Q3 Net Sales of $194mm, up +2%, primarily driven by price / mix Strong performance continued for our premium decking, railing, accessories and pergolas offerings A
Slide 10: Australia & New Zealand (ANZ) Europe
Australia & New Zealand (ANZ) Europe Net Sales Net Sales ANZ Net Sales Increased +7% While Residential Construction Sales Growth Driven by Strong Performance in Fiber Backdrop Remains Muted Gypsum Products +LSD% Sales +MSD% Increase in $127mm ASP Growth Local Currency FX Tailwind $131mm +LSD% +MSD%
Slide 11: FY26 Financial Guidance
FY26 Financial Guidance Q4 FY26 FY26 (Unchanged) (Updated) (Previous) Siding & Trim Net Sales $757 to 802mm $2.953 to 2.998bn $2.925 to 2.995bn Adjusted EBITDA $240 to 263mm $939 to 962mm $920 to 955mm Deck, Rail & Accessories Net Sales $337 to 350mm $787 to 800mm $780 to 800mm Adjusted EBITDA $91 t
Slide 12: Cash Flow Continues to Enable Quick Deleverage Path
Cash Flow Continues to Enable Quick Deleverage Path Pro Forma Deleveraging Actions Q3 FY28 FY26 Debt reduction enabled by strong FCF Net Debt generation as operating cash flow increases ~$4.30bn (December 31, 2025) and growth capex requirements remain modest FY26 Solid Adjusted EBITDA growth driven
Slide 13: Non-GAAP Financial Measures
Non-GAAP Financial Measures Adjusted EBITDA and Adjusted EBITDA margin Adjusted net income and Adjusted diluted earnings per share US$ Millions Three Months Ended December 31 US$ Millions, except per share amounts Three Months Ended December 31 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Operating income $ 176.
Slide 14: Non-GAAP Financial Measures
Non-GAAP Financial Measures Siding & Trim Segment Adjusted EBITDA and Adjusted EBITDA margin Deck, Rail & Accessories Segment Adjusted EBITDA and Adjusted EBITDA margin US$ Millions Three Months Ended December 31 US$ Millions Three Months Ended December 31 Q3 FY26 Q3 FY25 Q3 FY26 Siding & Trim Segme
Slide 15: Non-GAAP Financial Measures
Non-GAAP Financial Measures Adjusted income before income taxes, Adjusted income tax expense and Adjusted Net Leverage Ratio effective tax rate US$ Millions Three Months Ended December 31 US$ Millions December 31 Q3 FY26 Q3 FY25 FY26 Income before income taxes $ 110.6 $ 202.3 Numerator: Asbestos rel
Slide 16: Non-GAAP Financial Measures
Non-GAAP Financial Measures 1 AZEK Adjusted EBITDA and Adjusted EBITDA margin Organic James Hardie (Excluding AZEK) Adjusted EBITDA and Adjusted EBITDA margin US$ Millions Three Months Ended December 31 US$ Millions Three Months Ended December 31 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 AZEK operating (loss)
Slide 17: Definitions
Definitions AICF – Asbestos Injuries Compensation Fund Ltd ANZ – Australia and New Zealand ASP – Average net sales price ("ASP") – Total net sales of fiber cement and fiber gypsum products, excluding siding accessory sales, and Deck, Rail & Accessories net sales divided by the total volume of produc
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