Filing Flows › James Hardie Industries (JHX) › Q1 FY27 › vs Q1 FY26
James Hardie Industries (JHX) Q1 FY27 vs Q1 FY26 (year over year)
James Hardie Industries's revenue rose $575M (+64%) from $900M in Q1 FY26 to $1.5B in Q1 FY27. The biggest changes: Deck, Rail & Accessories +$305M (—); Siding & Trim +$218M (+34%); Australia & New Zealand +$31.7M (+26%). Gross margin 37.2% against 37.4% (-0.2 pts).
James Hardie Industries, Q1 FY27: revenue $1.5B (+64% year over year), operating margin 14.8%, net earnings $104M, operating cash flow $344M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 37.2% | 37.4% | -0.2 pts |
| Operating margin | 14.8% | 15.4% | -0.6 pts |
| Net margin | 7.1% | 7.0% | +0.1 pts |
| Free cash flow margin | 17.2% | 11.5% | +5.7 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Siding & Trim | $860M | $642M | $218M | +34% |
| Deck, Rail & Accessories | $305M | $0 | $305M | — |
| Europe | $156M | $136M | $19.9M | +15% |
| Australia & New Zealand | $153M | $122M | $31.7M | +26% |
| Revenue | $1.5B | $900M | $575M | +64% |
| Gross profit | $549M | $337M | $212M | +63% |
| Cost of revenue | $926M | $563M | $363M | +64% |
| Operating profit | $218M | $139M | $79.1M | +57% |
| Operating expenses | $331M | $198M | $133M | +67% |
| Pre-tax earnings | $157M | $89.7M | $67.6M | +75% |
| Other expense, net | $60.4M | $48.9M | $11.5M | +24% |
| Research & development | $15.4M | $12.1M | $3.3M | +27% |
| SG&A | $295M | $156M | $139M | +89% |
| Other operating costs | $20.2M | $30.1M | −$9.9M | -33% |
| Net earnings | $104M | $62.6M | $41.7M | +67% |
| Income tax | $53.0M | $27.1M | $25.9M | +96% |
| Depreciation & amortization | $169M | $56.5M | $112M | +199% |
| Share-based compensation | $12.0M | $6.9M | $5.1M | +74% |
| Working capital & other | $58.9M | $80.9M | −$22.0M | -27% |
| Operating cash flow | $344M | $207M | $137M | +66% |
| Free Cash Flow (company-reported) | $254M | $104M | $150M | +145% |
| Purchases of property, plant and equipment | $89.8M | $103M | −$13.4M | -13% |
Questions
How much did James Hardie Industries's revenue grow year over year in Q1 FY27?
James Hardie Industries's revenue rose $575M (+64%) from $900M in Q1 FY26 to $1.5B in Q1 FY27.
What drove James Hardie Industries's revenue change in Q1 FY27?
Deck, Rail & Accessories +$305M (—); Siding & Trim +$218M (+34%); Australia & New Zealand +$31.7M (+26%).