James Hardie Announces Preliminary Second Quarter Results and Sees Improved Outlook for Siding & Trim

James Hardie Industries plc (NYSE / ASX : JHX) ("James Hardie" or the "Company"), a leading provider of exterior home and outdoor living solutions, today announced preliminary expected financial results for the fiscal second quarter ended September 30^th, 2025.

Preliminary Expected Consolidated Financial Information

	Q2 FY26
Net Sales	$1.29 to 1.30 billion
Adjusted EBITDA	$326 to 331 million
Adjusted Net Income	$151 to 157 million
Adjusted Diluted Earnings Per Share	$0.26 to 0.27
Net Debt (As of September 30th, 2025)	$4.5 billion

Note: These estimates are preliminary and subject to the Company’s detailed quarter-end closing procedures. Refer to additional related cautionary notes within this press release for more information. Adjusted Net Income assumes a full year adjusted effective tax rate of approximately 20%. Adjusted Diluted Earnings Per Share assumes 582 million diluted weighted average Q2 common shares outstanding. Net Debt is presented consistently with the numerator for the Company’s definition of Net Leverage Ratio and is calculated as total principal amount of debt less cash and cash equivalents excluding restricted cash.

Aaron Erter, CEO of James Hardie said, “Our Siding & Trim sales performance exceeded the expectations reflected in our modeling considerations. Siding & Trim second quarter organic net sales fell low single-digits vs. the prior year, and distributors and dealers reduced inventory less than we had anticipated. Even as single-family new construction remains challenging, our customers’ commitment to ensuring the availability of our products demonstrates the importance of our brand and strong partnerships. We are encouraged by our second quarter results and believe the outlook for Siding & Trim has modestly improved. We will provide an update to our full year guidance through March with our second quarter earnings call in November.”