v3.26.1
Segment and Geographic Information (Tables)
12 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Summary of Operating Segments
The following is the Company’s segment information: 
 Operating Income
(Millions of US dollars)Siding &
Trim
Deck, Rail &
Accessories
Australia &
New Zealand
EuropeTotal
For the year ended March 31, 2026
Net sales$2,963.1 $795.2 $520.6 $556.9 $4,835.8 
Cost of goods sold1,844.9 579.9 298.1 383.3 3,106.2 
Gross profit1,118.2 215.3 222.5 173.6 1,729.6 
Selling, general and administrative expenses373.6 222.3 62.4 117.4 775.7 
Restructuring expenses35.6 3.4 1.4 — 40.4 
Other expenses 1
47.1 7.3 4.8 4.0 63.2 
Segment operating income (loss)$661.9 $(17.7)$153.9 $52.2 $850.3 
Reconciliation to consolidated net income 
General Corporate costs 2, 3
(402.7)
Interest, net(231.1)
Other expense, net(9.8)
Income tax expense(102.7)
Consolidated net income$104.0 
____________
1.Other expenses represent R&D costs and acquisition related expenses allocated to the segments.
2.Includes acquisition related expenses.
3.Starting July 1, 2025, the Company began allocating R&D costs to the segments.
 Operating Income
(Millions of US dollars)Siding &
Trim
Australia &
New Zealand
Europe Total
For the year ended March 31, 2025
Net sales$2,863.3 $519.9 $494.3 $3,877.5 
Cost of goods sold1,721.4 301.2 349.9 2,372.5 
Gross profit1,141.9 218.7 144.4 1,505.0 
Selling, general and administrative expenses291.7 56.0 104.0 451.7 
Restructuring expenses— 50.3 — 50.3 
Other expenses 1
9.3 1.4 2.4 13.1 
Segment operating income$840.9 $111.0 $38.0 $989.9 
Reconciliation to consolidated net income
General Corporate 2 and Unallocated R&D costs
(334.0)
Interest, net(10.3)
Other expense, net(0.2)
Income tax expense(221.4)
Consolidated net income$424.0 
For the year ended March 31, 2024
Net sales$2,891.4 $562.8 $482.1 $3,936.3 
Cost of goods sold1,674.8 335.4 337.7 2,347.9 
Gross profit1,216.6 227.4 144.4 1,588.4 
Selling, general and administrative expenses287.1 60.0 96.1 443.2 
Other expenses 1
8.4 1.3 3.3 13.0 
Segment operating income$921.1 $166.1 $45.0 $1,132.2 
Reconciliation to consolidated net income
General Corporate and Unallocated R&D costs(364.8)
Interest, net(15.3)
Other income, net2.7 
Income tax expense(244.6)
Consolidated net income$510.2 
____________
1.Other expenses represent R&D costs allocated to the segments.
2.Includes acquisition related expenses.
Depreciation and Amortization
Years ended March 31
(Millions of US dollars)202620252024
Siding & Trim$230.9 $160.7 $133.8 
Deck, Rail & Accessories202.4 — — 
Australia & New Zealand22.4 19.2 17.0 
Europe30.0 32.4 29.7 
General Corporate and R&D7.8 3.9 4.5 
Total$493.5 $216.2 $185.0 
Capital Expenditures
Years ended March 31
(Millions of US dollars)202620252024
Siding & Trim$220.1 $287.2 $298.1 
Deck, Rail & Accessories46.7 — — 
Australia & New Zealand60.5 53.1 47.8 
Europe46.6 74.3 89.7 
General Corporate and R&D10.0 7.6 13.7 
Total$383.9 $422.2 $449.3 
Summary of Geographical Information
The following is the Company’s geographical information:
 
Net Sales
Years Ended March 31
(Millions of US dollars)202620252024
United States of America$3,544.5 $2,707.2 $2,743.7 
Australia423.3 401.1 403.8 
Canada213.8 156.1 147.7 
Germany163.9 142.9 140.5 
New Zealand97.3 92.6 87.7 
Other Countries 1
393.0 377.6 412.9 
Total$4,835.8 $3,877.5 $3,936.3 

Long-Lived Assets
March 31
(Millions of US dollars)20262025
United States of America$2,607.8 $1,627.7 
Australia270.9 231.9 
Germany155.4 143.2 
Spain219.2 187.1 
Other Countries 2
65.5 52.2 
Total 3
$3,318.8 $2,242.1 
____________
1Included are all other countries that account for less than 5% of net sales individually, primarily in Great Britain, Switzerland, Denmark, the Netherlands, France and other European countries.
2Included are all other countries that account for less than 5% of long-lived assets individually, primarily in the Netherlands, New Zealand, and Great Britain.
3Long-lived assets include Property, plant and equipment and ROU assets.