JHXJames Hardie Industries SE
Compact View
Earnings Recap
• Reported GAAP EPS of $0.05 down -50.00% YoY • Reported revenue of $1.4B up 44.51% YoY • James Hardie is targeting FY27 Pro Forma Adjusted EBITDA growth of 4% to 8%, with total Adjusted EBITDA expected between $1.45B and $1.5B. Free Cash Flow is anticipated to exceed $500M, an increase of over $200M year-over-year.
Bullish
James Hardie achieved strong net sales growth of 45% in Q4 FY26 and 25% for the full year, with Adjusted EBITDA exceeding expectations. The company also surpassed its cost synergy targets and is advancing strategic product innovation.
Bearish
Market conditions remained challenging with organic net sales declining 1% in Q4 FY26 and 2% for the full year, driven by subdued building activity and volume declines. James Hardie also faced margin compression from acquisition-related expenses.