James Hardie Q2 sales rise 24%, profit turns positive; full-year outlook reaffirmed
James Hardie reported results for the quarter ended September 30, 2026, with continuing-operations net sales of $1.428 billion, up 24% from a year earlier. Net income from continuing operations was $149.8 million, compared with a loss of $64.3 million a year earlier. The company reaffirmed its fiscal 2027 net sales and Adjusted EBITDA guidance and raised its free cash flow target to more than $650 million. For shareholders, sales and profit improved, but management expects Adjusted EBITDA to be lower in the third quarter and second half.
Key points
- Net sales from continuing operations were $1.428 billion, up 24%; Deck, Rail & Accessories sales rose 51% to $387.0 million
- Diluted earnings per share from continuing operations were $0.26, versus a loss of $0.11 a year earlier; Adjusted EBITDA was $454.7 million, a 31.8% margin
- Fiscal 2027 net sales and Adjusted EBITDA guidance were reaffirmed; free cash flow target raised to more than $650 million
- Third-quarter Total Adjusted EBITDA guidance is $298 million to $320 million, which the company expects to be lower
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.