James Hardie Industries : Fourth Quarter 2026 Earnings Release

About this update from James Hardie Industries Plc.

‌James Hardie Reports Fourth Quarter FY26 and Full-Year FY26 Results; Provides FY27 Outlook Fourth Quarter Highlights Net Sales of $1.40 Billion, an Increase of 45% Year Over Year; Organic Net Sales Decreased 1% Net Income of $29 Million, Adjusted EBITDA of $381 Million, Exceeding Guidance and Expectations Full Year Highlights Net Sales of $4.84 Billion, an Increase of 25% Year Over Year; Organic Net Sales Decreased 2% Net Income of $104 Million, Adjusted EBITDA of $1.27 Billion, Exceeding Guidance and Expectations Cost Synergies Ahead of Schedule, Commercial Synergies On Track FY27 Outlook Company Targeting Pro Forma Adjusted EBITDA Growth of 4% to 8% in FY27; Organic Growth Expected in Siding & Trim FY27 Free Cashflow of $500+ Million Expected, an Increase of more than $200+ Million Year Over Year James Hardie Industries plc (NYSE / ASX : JHX) ("James Hardie" or the "Company"), a leading provider of exterior home and outdoor living solutions, today announced results for its fourth quarter ending March 31, 2026. Aaron Erter, CEO of James Hardie said, "We delivered Adjusted EBITDA above our guidance range in the fourth quarter, reflecting disciplined execution and the strength of our business model in a challenging operating environment. Despite unfavorable weather in February and early March that impacted reported results and disrupted construction activity across key regions, the business delivered underlying performance that exceeded expectations." Mr. Erter added, "Fiscal 2026 was a transformational year for James Hardie, highlighted by the closing of the AZEK acquisition. As we integrate the businesses, we are seeing continued progress across both cost and commercial synergies, further strengthening our belief in the long-term value creation opportunity from the combination. For the full fiscal year, we delivered solid financial performance despite a challenging operating environment. Despite our markets declining mid-to-high single digits for the year, our organic net sales declined just 2% year over year. We finished the year with Adjusted EBITDA of $1.27 billion and Adjusted EBITDA margin of 26.2%. We delivered strong flow-through on our cost actions and realized meaningful benefits from the operational initiatives implemented throughout the year, positioning the business for improved margin performance moving forward." Mr. Erter concluded, "I...

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