James Hardie Industries (NYSE:JHX) reported higher fiscal fourth-quarter revenue and adjusted EBITDA as the building products company benefited from the addition of AZEK, cost controls and early progress on integration initiatives, while management cautioned that construction markets remain challenging heading into fiscal 2027.
Chief Executive Officer Aaron Erter said the company delivered “a solid fiscal fourth quarter and full year” despite a difficult construction backdrop, citing execution, pricing discipline, cost management and customer service. For the fourth quarter, James Hardie reported net sales of $1.4 billion and adjusted EBITDA of $381 million, with an adjusted EBITDA margin of 27.1%. For the full fiscal year, net sales were $4.8 billion and adjusted EBITDA was $1.3 billion, with a 26.2% adjusted EBITDA margin.