James Hardie Earnings Reports

James Hardie delivered Q1 FY26 results that reflected a normalization in channel inventory and soft demand in North America, while the AZEK acquisition showed early signs of synergy realization.

James Hardie posted net sales of $953 million, down 3% year-over-year. GAAP operating income was $206 million, with an operating margin of 21.6%. Net income declined to $142 million, while adjusted net income fell 15% to $154 million. Adjusted EBITDA was $262 million, reflecting a 7% decline, with a margin of 27.5%. The company reaffirmed its FY25 guidance and remains confident in its long-term growth strategy.