James Hardie Industries plc (JHX) Earnings Call Transcripts

James Hardie Industries plc's Latest Earnings Call - Q4 FY2026

In the fiscal fourth quarter of 2026, James Hardie Industries (JHX:AU) reported net sales of $1.4 billion, a 45% increase year-over-year, driven by the AZEK acquisition. Adjusted EBITDA was $381 million, exceeding expectations with a margin of 27.1%. For the full fiscal year, net sales reached $4.8 billion, up 25%, while adjusted EBITDA totaled $1.27 billion. Management anticipates organic growth in the fiber cement business for fiscal 2027, supported by strong demand drivers and a focus on operational efficiencies. However, they acknowledged a challenging market environment with expected cost pressures due to inflation and economic uncertainty.

Reported metrics

Guidance from management

Management expects fiscal 2027 net sales of $5.25 billion to $5.41 billion and adjusted EBITDA of $1.45 billion to $1.5 billion, reflecting a challenging market environment. They anticipate significant free cash flow improvement, exceeding $500 million.

What management said

Yes. I think those are the major drivers there, right? So our historicals, we've been targeting to help ease the market by 5 to 7 points and we've consistently done that. I'd say there's not a lot of change to the algorithm for this year. As we exit the full year, we had a modest inventory build due to the weather after a successful early buy. So that normalizes past Q1, and then we're back to kind of growth from a t...

Lee, I think that the short answer is we're guiding to a number we believe that's appropriate, given the uncertainty that we see out in the marketplace right now. and also 1 that we believe that can handle continued potential challenges.

What analysts pressed on

Analysts expressed concerns about the challenging market conditions, particularly regarding builder confidence and consumer sentiment. There were questions about how pricing strategies would hold up against competitors not raising prices and the potential impact of inflation on margins.

Main topics on the call

• Revenue Growth from AZEK Acquisition — The acquisition of AZEK contributed $445 million to Q4 net sales, significantly boosting overall revenue. Management stated, "We delivered a solid fiscal fourth quarter and full year despite a challenging construction ma...
• Fiber Cement Business Outlook — Management expressed confidence in returning the fiber cement business to growth in fiscal 2027, citing a "$1 billion type of opportunity in the Northeast and the Midwest". They noted, "We expect fiber cement to return t...
• Cost Synergies Ahead of Schedule — Management reported that they are ahead of schedule on cost synergies from the AZEK integration, with an expected run rate of $125 million in commercial revenue synergies by the end of fiscal 2027. They stated, "We are a...
• Challenging Market Conditions — Management acknowledged a challenging market with builder confidence and consumer sentiment softening, stating, "Economic uncertainty remains a top concern across our dealer and contractor base." They expect the addressa...

Read the full James Hardie Industries plc transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 35 James Hardie Industries plc earnings call transcripts on record, spanning February 11, 2020 to August 6, 2026. Based on this history, James Hardie Industries plc reports quarterly. The most recent call on file is dated August 6, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

JHX

Exchange

ASX

Country

AU

Sector

Materials

Industry

Construction Materials

Calls on record

35

First call

February 11, 2020

Most recent

August 6, 2026

Reporting cadence

quarterly