James Hardie Industries Exceeds Q1 FY2027 Guidance: Preliminary Results Point to Strong Growth in Siding & Trim and Deck, Rail & Accessories
Dublin, July 22, 2026 – James Hardie Industries plc (NYSE/ASX: JHX), a global leader in exterior home and outdoor living solutions, has released its preliminary unaudited financial results for the fiscal first quarter ended June 30, 2026. The company reports that results are expected to exceed the high end of prior consolidated guidance, driven by robust performance in its Siding & Trim segment and continued momentum in Deck, Rail & Accessories (DR&A).
Key Financial Highlights
- Net Sales (Consolidated): Expected to range between \$1.449 billion and \$1.475 billion, up from the prior guidance of \$1.315 billion to \$1.354 billion.
- GAAP Net Income (Consolidated): Projected at \$102 million to \$104 million (no prior guidance provided).
- Adjusted EBITDA (Consolidated): Anticipated in the range of \$399 million to \$407 million, compared to earlier guidance of \$354 million to \$375 million.
Segment Performance
- Net Sales (Siding & Trim): Estimated between \$846 million and \$860 million, beating earlier guidance of \$758 million to \$781 million.
- GAAP Operating Income (Siding & Trim): Between \$211 million and \$215 million.
- Adjusted EBITDA (Siding & Trim): Between \$282 million and \$288 million, up from guidance of \$256 million to \$272 million.
- Net Sales (Deck, Rail & Accessories): Expected at \$296 million to \$305 million (previously \$291 million to \$300 million).
- GAAP Operating (Loss) (DR&A): A loss of \$(3.1) million to \$(3.3) million.
- Adjusted EBITDA (DR&A): Ranges from \$79 million to \$83 million, slightly exceeding earlier guidance of \$78 million to \$82 million.
Management Commentary
Aaron Erter, CEO of James Hardie, commented: “Our first quarter results are expected to exceed our prior guidance, primarily as a result of better-than-expected sales in Siding & Trim. Siding & Trim net sales reflected strong sell-through and underlying demand for our products. Our performance in Deck, Rail & Accessories was driven by channel inventory normalization and sell-through that improved throughout the quarter.”
Erter emphasized that the company’s strong performance is due to the team’s execution and growth above market trends, rather than an overall improvement in the U.S. housing market. He also pointed to the positive impact of ongoing initiatives to grow the fiber cement business and the benefits of recent acquisitions, notably AZEK.
Outlook and Guidance
James Hardie plans to update its full-year guidance during its fiscal first quarter 2027 earnings call, scheduled for August 6, 2026 (EDT) / August 7, 2026 (AEST). Investors can access the webcast and replay via the company’s Investor Relations website.
Important Notes for Shareholders
- This update is price-sensitive and may impact James Hardie’s share value, as the company has significantly outperformed its own guidance.
- All figures are preliminary and subject to quarter-end closing procedures. Actual results may differ materially upon finalization of accounts.
- Adjusted EBITDA is a non-GAAP measure. Investors are advised to review the company’s approach to non-GAAP metrics in its annual report for more context.
- No changes to forward-looking statements were made, but the company highlighted ongoing risks, including global economic conditions, changes in raw material prices, and integration of acquisitions.
About James Hardie
James Hardie Industries plc is a global leader in exterior home and outdoor living solutions, including fiber cement, fiber gypsum, and composite/PVC decking and railing products. Its brands include Hardie®, TimberTech®, AZEK® Exteriors, Versatex®, fermacell®, and StruXure®. The company operates in the U.S., Canada, Europe, Australia, and New Zealand, with headquarters in Dublin, Ireland.
Investor and Media Contact
- Bill Seymour
V.P. Investor Relations
T: +1 312 856 7460
E: [email protected]
Source: James Hardie Industries plc
Disclaimer: This article is based on preliminary unaudited financial results provided by James Hardie Industries plc and is intended for informational purposes only. Investors should note that the figures are subject to finalization and may be revised. This is not investment advice; please consult with your financial advisor before making investment decisions. The company’s statements about outlook and expected performance involve risks and uncertainties that could cause actual results to differ materially.
