James Hardie Reports Q4 FY26 Results, Provides FY27 Outlook
Key points
- Q4 Net Sales: $1.40B, up 45% YoY
- Full Year Net Sales: $4.84B, up 25% YoY
- Q4 Net Income: $29M, down 35% YoY
- Full Year Net Income: $104M, down 75% YoY
- FY27 Outlook: Targeting 4-8% Adjusted EBITDA growth
Full summary
James Hardie Industries plc announced its financial results for the fourth quarter and full fiscal year ended March 31, 2026. Net sales for Q4 were $1.40 billion, up 45% year-over-year, while organic net sales decreased 1%. Net income for Q4 was $29 million, down 35% year-over-year. For the full fiscal year, net sales were $4.84 billion, up 25% year-over-year, while organic net sales decreased 2%. Net income for the full year was $104 million, down 75% year-over-year. The company expects pro forma Adjusted EBITDA growth of 4-8% in FY27, with organic growth expected in Siding & Trim. Free cash flow is expected to increase more than $200 million year-over-year to over $500 million.
Guidance
FY27 Adjusted EBITDA growth of 4-8%
Outlook
James Hardie expects pro forma Adjusted EBITDA growth of 4-8% in FY27, with organic growth expected in Siding & Trim. Free cash flow is expected to increase more than $200 million year-over-year to over $500 million.
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