James Hardie Q3 Report 2024

James Hardie Industries plc, today announced results for its third quarter ending 31 December 2023.

Speaking to the results, James Hardie CEO Aaron Erter said, “Our team’s focus remains simple: working safely, partnering with our customers, investing in long-term growth and driving profitable share gain. This focus has enabled us to deliver a strong nine months, and a record quarterly result for Adjusted Net Income.”

Highlights

• Global Net Sales of US$978.3 Million
• Global Adjusted EBITDA of US$280.4 Million, with an Adjusted EBITDA margin of 28.7%
• Global Adjusted EBIT of US$234.1 Million, with an Adjusted EBIT margin of 23.9%
• Record Adjusted Net Income of US$179.9 Million, up 39%
• Adjusted Diluted EPS of US$0.41 per share, up 41%
• Record Nine Months Operating Cash Flow of US$749.5 Million, up 73%