James Hardie — Second Quarter FY27 Earnings Summary

James Hardie Industries reported second-quarter fiscal 2027 net sales of $1.428 billion from continuing operations, representing a 24% year-over-year increase. The company achieved an adjusted EBITDA margin of 31.8%, an expansion of 450 basis points, driven by strong growth in fiber cement and decking segments alongside cost synergies. Management reaffirmed its full-year fiscal 2027 sales and adjusted EBITDA guidance while raising the free cash flow target to more than $650 million. Additionally, the company repaid $111 million in term loan debt during the quarter, reaching its leverage target ahead of schedule.