Filing Flows › James Hardie Industries (JHX) › Q2 FY27 › vs Q2 FY26
James Hardie Industries (JHX) Q2 FY27 vs Q2 FY26 (year over year)
James Hardie Industries's revenue rose $274M (+24%) from $1.2B in Q2 FY26 to $1.4B in Q2 FY27. The biggest changes: Deck, Rail & Accessories +$131M (+51%); Siding & Trim +$114M (+15%); Australia & New Zealand +$28.0M (+21%). Gross margin 39.4% against 32.8% (+6.6 pts).
James Hardie Industries, Q2 FY27: revenue $1.4B (+24% year over year), operating margin 18.4%, net earnings $151M, operating cash flow $350M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 39.4% | 32.8% | +6.6 pts |
| Operating margin | 18.4% | 1.1% | +17.4 pts |
| Net margin | 10.6% | -4.8% | +15.4 pts |
| Free cash flow margin | 19.7% | -3.9% | +23.6 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Siding & Trim | $880M | $766M | $114M | +15% |
| Deck, Rail & Accessories | $387M | $256M | $131M | +51% |
| Australia & New Zealand | $161M | $133M | $28.0M | +21% |
| Revenue | $1.4B | $1.2B | $274M | +24% |
| Gross profit | $562M | $379M | $184M | +49% |
| Cost of revenue | $866M | $776M | $89.8M | +12% |
| Operating profit | $263M | $12.5M | $251M | 21× |
| Operating expenses | $299M | $366M | −$67.1M | -18% |
| Pre-tax earnings | $229M | −$44.7M | $273M | — |
| Other expense, net | $34.7M | $57.2M | −$22.5M | -39% |
| Research & development | $14.6M | $14.9M | −$300K | -2% |
| SG&A | $268M | $222M | $46.3M | +21% |
| Other operating costs | $16.0M | $129M | −$113M | -88% |
| Net earnings | $151M | −$55.8M | $207M | — |
| Income tax | $77.6M | $11.1M | $66.5M | +599% |
| Depreciation & amortization | $163M | $126M | $36.2M | +29% |
| Share-based compensation | $18.3M | $13.0M | $5.3M | +41% |
| Working capital & other | $17.8M | −$36.2M | $54.0M | — |
| Operating cash flow | $350M | $47.4M | $302M | +638% |
| Free cash flow (OCF − capex) | $281M | −$45.3M | $326M | — |
| Capital expenditures | $68.5M | $92.7M | −$24.2M | -26% |
Questions
How much did James Hardie Industries's revenue grow year over year in Q2 FY27?
James Hardie Industries's revenue rose $274M (+24%) from $1.2B in Q2 FY26 to $1.4B in Q2 FY27.
What drove James Hardie Industries's revenue change in Q2 FY27?
Deck, Rail & Accessories +$131M (+51%); Siding & Trim +$114M (+15%); Australia & New Zealand +$28.0M (+21%).