Filing Flows › James Hardie Industries (JHX) › Q2 FY27
James Hardie Industries (JHX) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Nov 5, 2026
James Hardie Industries (JHX) reported revenue of $1.4B for the second quarter fiscal 2027 (Q2 FY27), +24% from a year earlier and -3% from the quarter before. Operating margin was 18.4%, net earnings $151M (10.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -3% | +24% |
| Gross profit | $562M | +2% | +49% |
| Operating profit | $263M | +21% | 21× |
| Net earnings | $151M | +45% | — |
| Operating cash flow | $350M | +2% | +638% |
| Free cash flow | $281M | +11% | — |
What changed
Revenue was $1.4B in Q2 FY27, up 24% year over year and down 3% from the previous quarter. Siding & Trim was the largest line at 62% of revenue. Deck, Rail & Accessories added $0.13B year over year (up 51%), 48% of the total change.
Gross margin was 39.4%, up 6.6 points from a year earlier. Operating profit was $0.26B, a 18.4% margin (up 17.4 points year over year). Of the extra revenue versus a year earlier, 92% reached operating profit, above the 1% margin then. Operating expenses fell 18% while revenue rose 24%. The fastest-growing cost line was SG&A (+21%). Net earnings were $0.15B. The effective tax rate was 33.9%.
Operating cash flow was $0.35B (up 638% year over year), 232% of net earnings. Non-cash charges added back $0.16B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.02B. Capital expenditures of $0.07B left free cash flow of $0.28B.
Questions
What was James Hardie Industries' revenue in the second quarter fiscal 2027?
James Hardie Industries (JHX) reported revenue of $1.4B for the second quarter fiscal 2027 (Q2 FY27), +24% from a year earlier and -3% from the quarter before.
Was James Hardie Industries profitable in the second quarter fiscal 2027?
Operating profit was $263M (18.4% of revenue) and net earnings $151M.