Griffon (GFF) Financials

$71.09 +2.02 (+2.92%)

Closing price 05/2/2025 03:59 PM Eastern

Extended Trading

$71.04 -0.05 (-0.06%)

As of 05/2/2025 07:25 PM Eastern

Annual Income Statements for Griffon

This table shows Griffon's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Net Income / (Loss) Attributable to Common Shareholders	34	30	15	126	37	53	79	-192	78	210
Consolidated Net Income / (Loss)	34	30	15	126	37	53	79	-192	78	210
Net Income / (Loss) Continuing Operations	12	20	18	33	25	41	70	-288	78	210
Total Pre-Tax Income	19	32	17	34	46	67	110	-271	113	297
Total Operating Income	67	82	67	93	109	140	171	-189	197	398
Total Gross Profit	392	401	408	511	517	584	641	937	949	1,020
Total Revenue	1,483	1,477	1,525	1,978	1,874	2,067	2,271	2,848	2,685	2,624
Operating Revenue	1,483	1,477	1,525	1,978	1,874	2,067	2,271	2,848	2,685	2,624
Total Cost of Revenue	1,091	1,076	1,117	1,467	1,357	1,483	1,630	1,912	1,736	1,604
Operating Cost of Revenue	1,091	1,076	1,117	1,467	1,357	1,483	1,630	1,912	1,736	1,604
Total Operating Expenses	325	318	341	419	408	444	471	1,126	752	622
Selling, General & Admin Expense	325	318	341	419	408	444	471	609	643	622
Impairment Charge	-	-	-	-	-	0.00	0.00	517	109	0.00
Total Other Income / (Expense), net	-48	-50	-50	-59	-62	-72	-61	-82	-84	-102
Interest Expense	48	50	52	66	68	74	63	89	102	106
Interest & Investment Income	0.26	0.07	0.06	1.70	0.80	0.75	0.44	0.22	2.09	2.43
Other Income / (Expense), net	-0.33	-0.25	1.11	4.88	5.23	1.66	2.11	6.88	16	1.71
Income Tax Expense	6.77	12	-1.09	0.56	21	26	40	17	35	87
Net Income / (Loss) Discontinued Operations	22	10	-2.87	92	12	12	8.91	96	0.00	0.00
Basic Earnings per Share	$0.77	$0.73	$0.36	$3.06	$0.91	$1.25	$1.56	($3.71)	$1.49	$4.41
Weighted Average Basic Shares Outstanding	44.61M	41.07M	41.01M	41.01M	40.93M	42.59M	50.83M	51.67M	52.11M	47.57M
Diluted Earnings per Share	$0.73	$0.68	$0.35	$2.96	$0.87	$1.19	$1.48	($3.71)	$1.42	$4.23
Weighted Average Diluted Shares Outstanding	46.94M	44.11M	43.01M	42.42M	42.89M	45.02M	53.37M	51.67M	54.61M	49.67M
Weighted Average Basic & Diluted Shares Outstanding	44.50M	41.10M	41.40M	45.67M	46.81M	45.02M	56.61M	57.06M	52.16M	47.82M

This table shows Griffon's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	140	-417	49	-62	49	42	42	64	41	62	71
Consolidated Net Income / (Loss)	140	-417	49	-62	49	42	42	64	41	62	71
Net Income / (Loss) Continuing Operations	53	-415	49	-62	49	42	42	64	41	62	71
Total Pre-Tax Income	76	-454	68	-90	78	56	60	89	61	87	97
Total Operating Income	103	-434	81	-66	102	79	84	113	89	112	112
Total Gross Profit	261	250	234	194	275	246	237	271	249	263	264
Total Revenue	768	709	649	711	683	641	643	673	648	660	632
Operating Revenue	768	709	649	711	683	641	643	673	648	660	632
Total Cost of Revenue	508	459	416	516	409	396	407	402	399	396	368
Operating Cost of Revenue	508	459	416	516	409	396	407	402	399	396	368
Total Operating Expenses	157	683	153	260	172	166	153	157	160	152	152
Selling, General & Admin Expense	157	166	153	160	172	157	153	157	160	152	152
Total Other Income / (Expense), net	-27	-20	-13	-24	-24	-23	-24	-25	-28	-25	-15
Interest Expense	29	23	25	25	26	27	25	26	29	26	25
Interest & Investment Income	0.06	0.09	0.10	0.24	0.43	1.32	0.42	0.64	0.77	0.60	0.41
Other Income / (Expense), net	2.08	2.35	11	0.29	1.48	2.36	1.18	0.64	-0.38	0.26	9.81
Income Tax Expense	23	-38	19	-28	29	14	18	24	20	24	27
Basic Earnings per Share	$2.71	($8.07)	$0.93	($1.17)	$0.94	$0.79	$0.86	$1.34	$0.87	$1.34	$1.56
Weighted Average Basic Shares Outstanding	51.73M	51.67M	52.58M	53.04M	52.30M	52.11M	48.78M	47.95M	47.03M	47.57M	45.54M
Diluted Earnings per Share	$2.60	($7.90)	$0.88	($1.17)	$0.90	$0.81	$0.82	$1.28	$0.84	$1.29	$1.49
Weighted Average Diluted Shares Outstanding	53.91M	51.67M	55.30M	53.04M	54.60M	54.61M	51.47M	49.93M	48.85M	49.67M	47.54M
Weighted Average Basic & Diluted Shares Outstanding	57.06M	57.06M	57.19M	57.21M	54.60M	52.16M	50.95M	49.55M	49.26M	47.82M	47.53M
Cash Dividends to Common per Share	$0.09	-	$0.10	$0.10	$2.13	-	$0.15	$0.15	$0.15	-	$0.18

This table details how cash moves in and out of Griffon's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Net Change in Cash & Equivalents	-40	21	-25	22	2.62	146	31	-128	-17	12
Net Cash From Operating Activities	32	80	49	58	90	107	70	59	432	380
Net Cash From Continuing Operating Activities	32	80	49	58	90	107	70	59	432	380
Net Income / (Loss) Continuing Operations	12	20	18	33	25	41	70	-288	78	210
Consolidated Net Income / (Loss)	34	30	15	126	37	53	79	-192	78	210
Net Income / (Loss) Discontinued Operations	22	10	-2.87	92	12	12	8.91	96	0.00	0.00
Depreciation Expense	46	46	48	56	52	52	52	65	65	61
Amortization Expense	6.98	7.32	4.51	5.22	5.39	3.66	2.64	3.78	4.23	4.20
Non-Cash Adjustments To Reconcile Net Income	11	10	8.24	20	16	31	27	566	198	53
Changes in Operating Assets and Liabilities, net	-44	-3.49	-29	-56	-8.30	-22	-83	-287	87	52
Net Cash From Investing Activities	-39	-62	-71	2.57	-64	-51	-56	-583	-45	-65
Net Cash From Continuing Investing Activities	-39	-62	-71	2.57	-64	-51	-56	-583	-45	-65
Purchase of Property, Plant & Equipment	-46	-59	-35	-50	-35	-41	-37	-42	-64	-68
Acquisitions	-2.23	-4.47	-35	-431	-9.22	-11	-2.24	-851	0.00	-15
Sale of Property, Plant & Equipment	0.20	0.77	0.14	0.66	0.28	0.35	0.24	0.09	21	14
Divestitures	-	0.00	0.00	475	-	0.00	0.00	296	-2.57	3.50
Sale and/or Maturity of Investments	8.89	0.72	-	-	-	-0.13	-17	15	0.00	0.00
Net Cash From Financing Activities	-74	15	-0.70	39	-35	68	-28	393	-400	-299
Net Cash From Continuing Financing Activities	-74	15	-0.70	39	-35	68	-28	393	-400	-299
Repayment of Debt	-189	-213	-197	-309	-220	-1,326	-29	-528	-225	-170
Repurchase of Common Equity	-82	-65	-16	-46	-1.48	-7.48	-3.36	-11	-164	-310
Payment of Dividends	-7.65	-8.80	-10	-50	-14	-15	-17	-127	-134	-36
Issuance of Debt	204	302	233	443	202	1,240	21	1,059	123	217
Effect of Exchange Rate Changes	-4.15	0.89	0.16	1.17	0.31	2.38	-3.54	-5.40	-0.69	-1.97
Other Net Changes in Cash	46	-14	-2.15	-79	11	20	49	7.57	-2.99	-2.78
Cash Interest Paid	41	43	48	60	64	63	61	78	100	101
Cash Income Taxes Paid	16	3.43	21	32	25	21	41	80	71	103

This table details how cash moves in and out of Griffon's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	19	-25	0.37	55	-24	-49	7.66	12	10	-19	38
Net Cash From Operating Activities	108	124	75	86	147	123	146	40	122	72	143
Net Cash From Continuing Operating Activities	108	124	75	86	147	123	146	40	122	72	143
Net Income / (Loss) Continuing Operations	53	-415	49	-62	49	42	42	64	41	62	71
Consolidated Net Income / (Loss)	140	-417	49	-62	49	42	42	64	41	62	71
Depreciation Expense	18	18	17	17	16	15	15	15	15	16	16
Amortization Expense	1.19	1.02	1.02	1.02	1.02	1.16	1.06	1.06	1.06	1.03	1.03
Non-Cash Adjustments To Reconcile Net Income	16	536	-3.70	166	16	20	15	6.07	23	9.54	-1.25
Changes in Operating Assets and Liabilities, net	21	-15	12	-36	66	44	73	-47	42	-17	57
Net Cash From Investing Activities	284	-8.97	4.52	-7.09	-8.34	-34	-14	-18	-2.26	-31	-0.24
Net Cash From Continuing Investing Activities	284	-8.97	4.52	-7.09	-8.34	-34	-14	-18	-2.26	-31	-0.24
Purchase of Property, Plant & Equipment	-11	-8.97	-4.73	-7.11	-8.35	-43	-14	-19	-15	-21	-17
Sale of Property, Plant & Equipment	0.06	0.00	12	0.02	0.01	9.12	0.79	0.49	12	0.91	17
Net Cash From Financing Activities	-386	-120	-78	-21	-163	-138	-124	-8.10	-107	-60	-108
Net Cash From Continuing Financing Activities	-386	-120	-78	-21	-163	-138	-124	-8.10	-107	-60	-108
Repayment of Debt	-390	-83	-88	-31	-20	-86	-64	-3.41	-80	-22	-50
Repurchase of Common Equity	-	-	-13	-0.25	-85	-66	-81	-141	-19	-68	-49
Payment of Dividends	-4.82	-112	-7.13	-5.70	-115	-6.44	-9.97	-12	-7.09	-7.04	-9.04
Issuance of Debt	9.02	75	30	16	57	20	32	148	-	38	0.00
Effect of Exchange Rate Changes	-	-2.67	0.69	-2.12	0.30	0.43	2.02	-0.40	-2.29	-1.29	3.13
Other Net Changes in Cash	15	-17	-1.95	-0.65	-0.20	-0.20	-2.93	-0.35	-0.43	0.93	-0.18

This table presents Griffon's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Total Assets	1,713	1,782	1,874	2,085	2,075	2,449	2,605	2,816	2,419	2,371
Total Current Assets	741	781	1,098	913	925	1,106	1,369	1,215	981	929
Cash & Equivalents	52	73	48	70	72	218	249	120	103	114
Accounts Receivable	323	311	340	402	264	278	295	362	312	313
Inventories, net	326	261	299	398	442	320	473	669	507	425
Prepaid Expenses	40	23	40	42	41	42	76	62	57	62
Other Current Assets	-	-	-	-	105	-	-	-	0.00	15
Other Current Nonoperating Assets	0.24	112	371	0.32	0.32	248	276	1.19	1.00	0.65
Plant, Property, & Equipment, net	380	237	232	342	337	0.00	290	295	279	0.00
Total Noncurrent Assets	592	764	543	830	812	1,343	946	1,307	1,159	1,441
Goodwill	356	306	319	439	437	424	426	336	328	329
Intangible Assets	214	198	205	371	357	354	350	762	635	619
Other Noncurrent Operating Assets	19	7.57	16	16	16	478	170	205	192	490
Other Noncurrent Nonoperating Assets	3.26	253	2.96	2.92	2.89	86	-	4.59	4.29	3.42
Total Liabilities & Shareholders' Equity	1,713	1,782	1,874	2,085	2,075	2,449	2,605	2,816	2,419	2,371
Total Liabilities	1,282	1,371	1,475	1,610	1,597	1,748	1,798	2,339	2,104	2,146
Total Current Liabilities	320	318	371	393	390	442	532	424	359	349
Short-Term Debt	17	14	11	13	11	9.92	12	13	9.63	8.16
Accounts Payable	200	148	184	234	251	173	260	195	117	119
Accrued Expenses	101	84	83	146	125	144	145	172	193	182
Other Current Liabilities	-	-	-	-	0.00	30	30	32	33	35
Other Current Nonoperating Liabilities	2.23	72	93	-	4.33	86	84	13	7.15	4.50
Total Noncurrent Liabilities	962	1,053	1,104	1,217	1,207	1,307	1,266	1,915	1,744	1,797
Long-Term Debt	827	897	968	1,108	1,094	1,037	1,033	1,561	1,460	1,516
Other Noncurrent Operating Liabilities	132	123	133	107	110	252	229	350	280	278
Other Noncurrent Nonoperating Liabilities	3.38	33	3.04	2.65	3.33	17	3.79	4.26	4.65	3.27
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	431	411	399	474	478	700	807	478	315	225
Total Preferred & Common Equity	431	411	399	474	478	700	807	478	315	225
Total Common Equity	431	411	399	474	478	700	807	478	315	225
Common Stock	538	550	507	524	540	604	623	649	684	225

This table presents Griffon's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	6/30/2022	12/31/2022	3/31/2023	6/30/2023	12/31/2023	3/31/2024	6/30/2024	12/31/2024
Total Assets	3,504	2,777	2,660	2,571	2,393	2,424	2,379	2,325
Total Current Assets	1,342	1,183	1,215	1,131	963	1,007	966	895
Cash & Equivalents	145	121	176	152	111	123	133	152
Accounts Receivable	430	351	386	359	300	350	320	269
Inventories, net	708	646	574	555	479	444	431	418
Prepaid Expenses	59	64	78	64	58	65	66	50
Other Current Assets	-	-	-	-	15	24	15	5.56
Other Current Nonoperating Assets	0.49	1.12	1.00	0.98	0.98	0.98	1.31	0.65
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	2,162	1,594	1,446	1,440	1,431	1,417	1,412	1,430
Goodwill	705	334	328	328	328	328	328	329
Intangible Assets	939	761	656	651	632	625	620	609
Other Noncurrent Operating Assets	515	495	458	457	467	459	460	488
Other Noncurrent Nonoperating Assets	2.62	4.57	4.19	4.14	4.14	4.10	4.77	3.43
Total Liabilities & Shareholders' Equity	3,504	2,777	2,660	2,571	2,393	2,424	2,379	2,325
Total Liabilities	2,598	2,250	2,192	2,236	2,108	2,222	2,155	2,097
Total Current Liabilities	595	391	382	382	392	362	387	356
Short-Term Debt	13	13	16	10	9.27	8.15	8.14	8.14
Accounts Payable	212	160	159	152	154	143	157	143
Accrued Expenses	306	178	169	183	190	174	185	167
Other Current Liabilities	32	31	30	30	34	33	33	34
Other Current Nonoperating Liabilities	31	8.14	7.46	7.26	4.22	2.75	4.22	4.37
Total Noncurrent Liabilities	2,003	1,860	1,810	1,853	1,717	1,860	1,769	1,741
Long-Term Debt	1,575	1,508	1,492	1,536	1,430	1,577	1,499	1,467
Other Noncurrent Operating Liabilities	425	348	313	311	282	277	264	271
Other Noncurrent Nonoperating Liabilities	3.83	4.21	5.72	5.65	4.49	5.24	5.80	3.24
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	906	527	468	336	285	202	224	228
Total Preferred & Common Equity	906	527	468	336	285	202	224	228
Total Common Equity	906	527	468	336	285	202	224	228
Common Stock	906	527	468	336	285	202	224	228

This table displays calculated financial ratios and metrics derived from Griffon's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-25.53%	-0.42%	3.25%	29.70%	-5.24%	10.26%	9.88%	25.45%	-5.73%	-2.30%
EBITDA Growth	-23.04%	13.70%	-11.21%	31.66%	7.53%	15.42%	15.57%	-149.97%	348.03%	64.78%
EBIT Growth	-18.12%	23.29%	-16.99%	43.34%	16.44%	24.15%	22.30%	-205.50%	216.62%	88.26%
NOPAT Growth	-21.14%	17.19%	41.19%	27.86%	-34.50%	43.34%	27.27%	-221.35%	202.47%	107.80%
Net Income Growth	19,472.32%	-12.48%	-50.31%	742.80%	-70.33%	43.29%	48.25%	-341.83%	140.52%	170.43%
EPS Growth	0.00%	-6.85%	-48.53%	745.71%	-70.61%	36.78%	24.37%	-350.68%	138.27%	197.89%
Operating Cash Flow Growth	-65.86%	151.50%	-38.65%	18.39%	55.26%	18.31%	-34.69%	-15.14%	628.84%	-11.98%
Free Cash Flow Firm Growth	376.20%	367.20%	-97.00%	-4,555.08%	118.55%	326.28%	-102.91%	-7,404.19%	159.12%	-14.74%
Invested Capital Growth	-1.45%	-19.19%	6.35%	44.96%	-0.72%	-14.27%	9.08%	37.17%	-13.07%	-2.97%
Revenue Q/Q Growth	-27.27%	3.59%	36.80%	6.16%	-14.05%	4.06%	12.40%	5.12%	-2.45%	0.70%
EBITDA Q/Q Growth	-28.45%	13.62%	22.74%	20.62%	-15.05%	5.38%	4.92%	-132.96%	223.34%	6.94%
EBIT Q/Q Growth	-26.90%	23.80%	10.58%	30.34%	-15.02%	8.32%	1.57%	-164.71%	170.70%	8.16%
NOPAT Q/Q Growth	-34.28%	-1.37%	35.74%	-50.85%	2.70%	30.47%	3.54%	-168.31%	161.29%	8.19%
Net Income Q/Q Growth	9.08%	-14.94%	-53.97%	9.15%	88.57%	8.08%	-5.03%	-179.43%	120.36%	10.84%
EPS Q/Q Growth	7.35%	-13.92%	-53.33%	10.04%	81.25%	4.39%	-8.07%	-182.63%	119.48%	12.80%
Operating Cash Flow Q/Q Growth	-56.38%	29.19%	7.38%	218.23%	14.89%	-18.60%	8.64%	796.37%	-0.34%	-11.76%
Free Cash Flow Firm Q/Q Growth	-40.52%	1,001.60%	-38.51%	-567.84%	230.26%	199.77%	-116.90%	-16.27%	-7.62%	-16.44%
Invested Capital Q/Q Growth	-2.74%	-22.95%	-20.46%	-2.58%	-5.50%	-17.18%	-12.64%	-18.43%	-2.86%	2.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	26.45%	27.13%	26.76%	25.85%	27.58%	28.26%	28.24%	32.89%	35.34%	38.88%
EBITDA Margin	8.05%	9.19%	7.90%	8.02%	9.10%	9.53%	10.03%	-3.99%	10.51%	17.72%
Operating Margin	4.51%	5.57%	4.40%	4.69%	5.79%	6.75%	7.51%	-6.64%	7.33%	15.18%
EBIT Margin	4.49%	5.56%	4.47%	4.94%	6.07%	6.83%	7.61%	-6.40%	7.91%	15.25%
Profit (Net Income) Margin	2.31%	2.03%	0.98%	6.35%	1.99%	2.59%	3.49%	-6.72%	2.89%	8.00%
Tax Burden Percent	179.84%	93.16%	89.30%	371.72%	80.67%	79.18%	72.04%	70.72%	68.88%	70.76%
Interest Burden Percent	28.64%	39.24%	24.50%	34.61%	40.64%	47.79%	63.67%	148.68%	53.03%	74.16%
Effective Tax Rate	35.52%	38.59%	-6.50%	1.64%	44.90%	38.58%	36.06%	0.00%	31.12%	29.24%
Return on Invested Capital (ROIC)	3.50%	4.57%	6.99%	7.08%	3.93%	6.10%	8.04%	-7.88%	7.47%	16.94%
ROIC Less NNEP Spread (ROIC-NNEP)	2.32%	1.57%	-2.18%	11.12%	1.78%	2.15%	3.09%	-13.59%	3.38%	11.78%
Return on Net Nonoperating Assets (RNNOA)	3.63%	2.56%	-3.31%	21.70%	3.90%	2.98%	2.47%	-21.94%	12.11%	60.78%
Return on Equity (ROE)	7.12%	7.13%	3.68%	28.79%	7.83%	9.07%	10.51%	-29.82%	19.58%	77.72%
Cash Return on Invested Capital (CROIC)	4.96%	25.80%	0.84%	-29.62%	4.66%	21.46%	-0.65%	-39.23%	21.45%	19.96%
Operating Return on Assets (OROA)	3.78%	4.70%	3.73%	4.94%	5.47%	6.24%	6.83%	-6.72%	8.12%	16.70%
Return on Assets (ROA)	1.95%	1.72%	0.82%	6.35%	1.79%	2.36%	3.14%	-7.07%	2.97%	8.76%
Return on Common Equity (ROCE)	7.12%	7.13%	3.68%	28.79%	7.83%	9.07%	10.51%	-29.82%	19.58%	77.72%
Return on Equity Simple (ROE_SIMPLE)	7.96%	7.30%	3.74%	26.49%	7.80%	7.63%	9.81%	-40.11%	24.62%	93.33%
Net Operating Profit after Tax (NOPAT)	43	51	71	91	60	86	109	-132	136	282
NOPAT Margin	2.91%	3.42%	4.68%	4.61%	3.19%	4.15%	4.80%	-4.65%	5.05%	10.74%
Net Nonoperating Expense Percent (NNEP)	1.18%	3.00%	9.17%	-4.04%	2.16%	3.95%	4.95%	5.71%	4.09%	5.16%
Cost of Revenue to Revenue	73.55%	72.87%	73.24%	74.15%	72.42%	71.74%	71.76%	67.11%	64.66%	61.12%
SG&A Expenses to Revenue	21.94%	21.55%	22.37%	21.16%	21.79%	21.51%	20.72%	21.38%	23.94%	23.69%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	21.94%	21.55%	22.37%	21.16%	21.79%	21.51%	20.72%	39.53%	28.00%	23.69%
Earnings before Interest and Taxes (EBIT)	67	82	68	98	114	141	173	-182	212	400
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	119	136	121	159	171	197	228	-114	282	465
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.34	1.42	1.98	1.25	1.68	1.10	1.46	3.23	6.80	15.33
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	37.94	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.39	0.39	0.52	0.30	0.43	0.37	0.52	0.54	0.80	1.31
Price to Earnings (P/E)	16.83	19.40	52.87	4.71	21.56	14.43	14.84	0.00	27.63	16.43
Dividend Yield	1.38%	1.58%	1.44%	9.86%	1.69%	1.85%	1.54%	8.72%	6.24%	0.86%
Earnings Yield	5.94%	5.15%	1.89%	21.23%	4.64%	6.93%	6.74%	0.00%	3.62%	6.09%
Enterprise Value to Invested Capital (EV/IC)	1.12	1.44	1.63	1.08	1.21	1.23	1.39	1.54	2.08	2.97
Enterprise Value to Revenue (EV/Rev)	0.92	0.96	1.13	0.83	0.98	0.77	0.87	1.05	1.31	1.85
Enterprise Value to EBITDA (EV/EBITDA)	11.46	10.46	14.27	10.36	10.76	8.12	8.67	0.00	12.45	10.45
Enterprise Value to EBIT (EV/EBIT)	20.56	17.31	25.24	16.82	16.14	11.33	11.42	0.00	16.53	12.15
Enterprise Value to NOPAT (EV/NOPAT)	31.72	28.10	24.09	18.00	30.70	18.67	18.09	0.00	25.89	17.24
Enterprise Value to Operating Cash Flow (EV/OCF)	42.97	17.73	34.99	28.24	20.32	14.97	28.26	50.61	8.13	12.78
Enterprise Value to Free Cash Flow (EV/FCFF)	22.40	4.98	200.72	0.00	25.93	5.30	0.00	0.00	9.02	14.63
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.96	2.22	2.46	2.36	2.31	1.50	1.30	3.30	4.66	6.78
Long-Term Debt to Equity	1.92	2.18	2.43	2.34	2.29	1.48	1.28	3.27	4.63	6.74
Financial Leverage	1.56	1.63	1.52	1.95	2.19	1.39	0.80	1.61	3.58	5.16
Leverage Ratio	3.66	4.15	4.51	4.53	4.37	3.84	3.35	4.22	6.60	8.87
Compound Leverage Factor	1.05	1.63	1.11	1.57	1.78	1.84	2.13	6.27	3.50	6.58
Debt to Total Capital	66.21%	68.91%	71.06%	70.27%	69.80%	59.93%	56.44%	76.72%	82.34%	87.14%
Short-Term Debt to Total Capital	1.30%	1.05%	0.80%	0.82%	0.67%	0.57%	0.67%	0.62%	0.54%	0.47%
Long-Term Debt to Total Capital	64.91%	67.86%	70.25%	69.45%	69.14%	59.36%	55.76%	76.10%	81.80%	86.68%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	33.79%	31.09%	28.94%	29.73%	30.20%	40.07%	43.56%	23.28%	17.66%	12.86%
Debt to EBITDA	7.07	6.71	8.12	7.06	6.47	5.32	4.59	-13.83	5.21	3.28
Net Debt to EBITDA	6.63	6.18	7.73	6.62	6.05	4.21	3.50	-12.78	4.84	3.03
Long-Term Debt to EBITDA	6.93	6.61	8.03	6.98	6.41	5.27	4.54	-13.72	5.17	3.26
Debt to NOPAT	19.55	18.01	13.72	12.28	18.47	12.22	9.59	-11.89	10.84	5.41
Net Debt to NOPAT	18.35	16.58	13.05	11.52	17.26	9.67	7.31	-10.98	10.08	5.00
Long-Term Debt to NOPAT	19.17	17.74	13.56	12.14	18.29	12.10	9.47	-11.79	10.76	5.38
Altman Z-Score	1.93	1.92	2.08	1.99	2.08	1.97	2.23	1.70	2.48	3.19
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.32	2.45	2.96	2.32	2.37	2.50	2.57	2.87	2.73	2.66
Quick Ratio	1.17	1.21	1.04	1.20	0.86	1.12	1.02	1.14	1.16	1.22
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	61	285	8.57	-382	71	302	-8.78	-659	389	332
Operating Cash Flow to CapEx	69.09%	136.94%	141.26%	117.62%	261.20%	261.88%	190.14%	139.72%	1,012.51%	704.83%
Free Cash Flow to Firm to Interest Expense	1.28	5.72	0.17	-5.82	1.04	4.05	-0.14	-7.41	3.82	3.14
Operating Cash Flow to Interest Expense	0.67	1.60	0.95	0.89	1.32	1.44	1.11	0.67	4.24	3.59
Operating Cash Flow Less CapEx to Interest Expense	-0.30	0.43	0.28	0.13	0.82	0.89	0.52	0.19	3.82	3.08
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.84	0.85	0.83	1.00	0.90	0.91	0.90	1.05	1.03	1.10
Accounts Receivable Turnover	4.29	4.66	4.68	5.33	5.62	7.61	7.92	8.68	7.97	8.39
Inventory Turnover	3.54	3.67	3.98	4.20	3.23	3.89	4.11	3.35	2.95	3.44
Fixed Asset Turnover	3.95	4.79	6.50	6.88	5.51	0.00	0.00	9.74	9.36	9.25
Accounts Payable Turnover	5.21	6.19	6.73	7.02	5.61	7.01	7.53	8.41	11.15	13.59
Days Sales Outstanding (DSO)	85.02	78.33	77.93	68.48	64.92	47.94	46.07	42.06	45.81	43.49
Days Inventory Outstanding (DIO)	103.04	99.55	91.63	86.83	113.00	93.84	88.81	109.03	123.64	106.14
Days Payable Outstanding (DPO)	70.01	59.00	54.26	51.97	65.10	52.08	48.45	43.42	32.73	26.86
Cash Conversion Cycle (CCC)	118.05	118.89	115.30	103.35	112.82	89.70	86.44	107.66	136.72	122.77
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,224	989	1,052	1,525	1,514	1,298	1,416	1,942	1,688	1,638
Invested Capital Turnover	1.20	1.33	1.49	1.53	1.23	1.47	1.67	1.70	1.48	1.58
Increase / (Decrease) in Invested Capital	-18	-235	63	473	-11	-216	118	526	-254	-50
Enterprise Value (EV)	1,369	1,421	1,720	1,643	1,836	1,600	1,973	2,998	3,511	4,858
Market Capitalization	577	582	788	592	804	771	1,176	1,545	2,145	3,448
Book Value per Share	$8.64	$8.92	$8.44	$10.40	$10.21	$14.76	$14.24	$8.37	$5.77	$4.57
Tangible Book Value per Share	($2.80)	($2.02)	($2.65)	($7.36)	($6.75)	($1.65)	$0.55	($10.87)	($11.86)	($14.68)
Total Capital	1,274	1,322	1,378	1,595	1,582	1,747	1,853	2,051	1,785	1,749
Total Debt	844	911	979	1,121	1,104	1,047	1,046	1,574	1,470	1,524
Total Long-Term Debt	827	897	968	1,108	1,094	1,037	1,033	1,561	1,460	1,516
Net Debt	792	838	931	1,051	1,032	829	797	1,453	1,367	1,410
Capital Expenditures (CapEx)	46	59	35	49	35	41	37	42	43	54
Debt-free, Cash-free Net Working Capital (DFCFNWC)	386	404	690	463	473	456	601	684	528	474
Debt-free Net Working Capital (DFNWC)	438	477	738	533	546	674	850	804	631	589
Net Working Capital (NWC)	421	463	727	520	535	664	837	791	621	580
Net Nonoperating Expense (NNE)	8.86	21	56	-34	23	32	30	59	58	72
Net Nonoperating Obligations (NNO)	794	578	653	1,051	1,036	598	609	1,465	1,373	1,413
Total Depreciation and Amortization (D&A)	53	54	52	61	57	56	55	68	70	65
Debt-free, Cash-free Net Working Capital to Revenue	26.00%	27.36%	45.28%	23.41%	25.25%	22.07%	26.46%	24.00%	19.67%	18.08%
Debt-free Net Working Capital to Revenue	29.51%	32.27%	48.40%	26.94%	29.11%	32.62%	37.41%	28.22%	23.50%	22.44%
Net Working Capital to Revenue	28.39%	31.33%	47.68%	26.28%	28.55%	32.14%	36.86%	27.77%	23.14%	22.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.77	$0.73	$0.36	$3.06	$0.91	$1.25	$1.56	($3.71)	$1.49	$4.41
Adjusted Weighted Average Basic Shares Outstanding	44.61M	41.07M	41.01M	41.01M	40.93M	42.59M	50.83M	51.67M	52.11M	47.57M
Adjusted Diluted Earnings per Share	$0.73	$0.68	$0.35	$2.96	$0.87	$1.19	$1.48	($3.71)	$1.42	$4.23
Adjusted Weighted Average Diluted Shares Outstanding	46.94M	44.11M	43.01M	42.42M	42.89M	45.02M	53.37M	51.67M	54.61M	49.67M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	48.16M	45.04M	47.22M	45.67M	46.81M	56.12M	56.61M	57.06M	52.16M	47.82M
Normalized Net Operating Profit after Tax (NOPAT)	43	51	47	91	60	86	109	230	211	282
Normalized NOPAT Margin	2.91%	3.42%	3.08%	4.61%	3.19%	4.15%	4.80%	8.06%	7.85%	10.74%
Pre Tax Income Margin	1.29%	2.18%	1.10%	1.71%	2.47%	3.27%	4.84%	-9.51%	4.20%	11.31%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.39	1.64	1.32	1.49	1.66	1.90	2.73	-2.05	2.09	3.78
NOPAT to Interest Expense	0.90	1.01	1.39	1.39	0.88	1.15	1.73	-1.49	1.33	2.66
EBIT Less CapEx to Interest Expense	0.43	0.47	0.65	0.74	1.16	1.35	2.15	-2.53	1.67	3.27
NOPAT Less CapEx to Interest Expense	-0.06	-0.16	0.71	0.64	0.37	0.60	1.15	-1.97	0.91	2.15
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	22.32%	29.32%	69.24%	39.62%	36.68%	27.19%	21.64%	-66.13%	172.40%	17.06%
Augmented Payout Ratio	262.47%	246.93%	175.47%	75.91%	40.64%	41.19%	25.88%	-71.81%	383.66%	164.71%

This table displays calculated financial ratios and metrics derived from Griffon's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	6/30/2022	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	31.49%	24.33%	9.74%	-8.80%	-11.03%	-9.53%	-0.96%	-5.36%	-5.21%	2.85%	-1.68%
EBITDA Growth	118.97%	-990.59%	107.69%	-138.93%	-3.08%	123.84%	-8.86%	375.66%	-12.53%	30.70%	37.31%
EBIT Growth	146.64%	-1,427.45%	133.95%	-162.89%	-1.56%	118.96%	-8.15%	274.13%	-14.18%	36.90%	43.38%
NOPAT Growth	208.83%	-1,412.08%	116.02%	-163.79%	-10.53%	119.48%	1.25%	278.35%	-6.12%	35.80%	38.66%
Net Income Growth	739.69%	-2,722.90%	152.37%	-194.77%	-64.93%	110.07%	-13.40%	203.03%	-16.50%	48.91%	67.98%
EPS Growth	738.71%	-2,733.33%	144.44%	-195.12%	-65.38%	110.25%	-6.82%	209.40%	-6.67%	59.26%	81.71%
Operating Cash Flow Growth	87.74%	119.92%	188.79%	197.50%	35.98%	-1.19%	93.51%	-53.80%	-17.16%	-41.27%	-2.15%
Free Cash Flow Firm Growth	-2,180.58%	-776.15%	-790.44%	183.60%	202.65%	137.71%	208.55%	-67.54%	-72.13%	-58.30%	-61.38%
Invested Capital Growth	46.91%	37.17%	26.35%	-28.82%	-27.00%	-13.07%	-16.34%	-7.77%	-7.87%	-2.97%	-3.91%
Revenue Q/Q Growth	-1.47%	-7.71%	-8.40%	9.49%	-3.88%	-6.15%	0.28%	4.62%	-3.73%	1.83%	-4.14%
EBITDA Q/Q Growth	2.34%	-432.25%	126.83%	-142.67%	354.77%	-18.29%	2.60%	29.07%	-19.16%	22.09%	7.80%
EBIT Q/Q Growth	1.08%	-509.53%	121.47%	-170.78%	258.22%	-21.12%	3.98%	34.19%	-22.02%	25.82%	8.90%
NOPAT Q/Q Growth	-0.80%	-523.68%	119.13%	-179.33%	239.12%	-7.76%	-0.54%	39.74%	-26.77%	33.44%	1.55%
Net Income Q/Q Growth	113.56%	-397.13%	111.68%	-227.83%	179.04%	-14.71%	0.51%	52.08%	-35.95%	52.10%	13.38%
EPS Q/Q Growth	111.38%	-403.85%	111.14%	-232.95%	176.92%	-10.00%	1.23%	56.10%	-34.38%	53.57%	15.50%
Operating Cash Flow Q/Q Growth	222.64%	14.64%	-39.25%	14.14%	71.05%	-16.70%	18.98%	-72.75%	206.71%	-40.94%	98.22%
Free Cash Flow Firm Q/Q Growth	16.09%	-20.51%	58.40%	298.76%	3.03%	-55.73%	19.75%	-40.56%	-11.56%	-33.77%	10.92%
Invested Capital Q/Q Growth	-6.27%	-18.43%	-0.45%	-6.49%	-3.86%	-2.86%	-4.19%	3.08%	-3.96%	2.30%	-5.12%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.92%	35.24%	36.01%	27.36%	40.18%	38.34%	36.79%	40.22%	38.46%	39.94%	41.79%
EBITDA Margin	16.16%	-58.19%	17.05%	-6.64%	17.61%	15.33%	15.69%	19.35%	16.25%	19.48%	21.91%
Operating Margin	13.44%	-61.16%	12.49%	-9.26%	14.95%	12.38%	13.04%	16.86%	13.79%	16.93%	17.73%
EBIT Margin	13.71%	-60.83%	14.25%	-9.21%	15.17%	12.75%	13.22%	16.95%	13.73%	16.97%	19.28%
Profit (Net Income) Margin	18.26%	-58.80%	7.50%	-8.76%	7.20%	6.54%	6.56%	9.53%	6.34%	9.47%	11.20%
Tax Burden Percent	184.47%	91.89%	71.60%	69.05%	62.72%	74.45%	70.13%	72.42%	67.34%	71.89%	72.73%
Interest Burden Percent	72.22%	105.20%	73.48%	137.61%	75.68%	68.94%	70.74%	77.64%	68.58%	77.66%	79.92%
Effective Tax Rate	30.60%	0.00%	28.40%	0.00%	37.28%	25.55%	29.87%	27.58%	32.66%	28.11%	27.27%
Return on Invested Capital (ROIC)	12.63%	-72.63%	15.01%	-8.46%	12.53%	13.63%	13.79%	18.56%	14.49%	19.20%	21.24%
ROIC Less NNEP Spread (ROIC-NNEP)	18.57%	-83.56%	14.12%	-9.54%	11.50%	12.43%	12.58%	17.27%	13.12%	17.92%	20.44%
Return on Net Nonoperating Assets (RNNOA)	25.36%	-134.85%	22.41%	-21.15%	26.64%	44.47%	42.44%	72.25%	65.22%	92.44%	105.97%
Return on Equity (ROE)	37.99%	-207.48%	37.41%	-29.60%	39.17%	58.11%	56.24%	90.81%	79.71%	111.63%	127.21%
Cash Return on Invested Capital (CROIC)	-28.31%	-39.23%	-29.20%	23.53%	20.47%	21.45%	25.42%	23.28%	23.79%	19.96%	23.20%
Operating Return on Assets (OROA)	12.27%	-63.92%	15.46%	-8.11%	13.74%	13.08%	13.70%	17.61%	14.46%	18.59%	21.35%
Return on Assets (ROA)	16.35%	-61.79%	8.13%	-7.71%	6.52%	6.71%	6.80%	9.90%	6.68%	10.38%	12.41%
Return on Common Equity (ROCE)	37.99%	-207.48%	37.41%	-29.60%	39.17%	58.11%	56.24%	90.81%	79.71%	111.63%	127.21%
Return on Equity Simple (ROE_SIMPLE)	26.61%	0.00%	-30.78%	-61.95%	-113.55%	0.00%	24.94%	97.68%	84.73%	0.00%	104.74%
Net Operating Profit after Tax (NOPAT)	72	-304	58	-46	64	59	59	82	60	80	82
NOPAT Margin	9.33%	-42.81%	8.94%	-6.48%	9.38%	9.22%	9.14%	12.21%	9.29%	12.17%	12.89%
Net Nonoperating Expense Percent (NNEP)	-5.94%	10.93%	0.88%	1.08%	1.03%	1.21%	1.21%	1.28%	1.37%	1.28%	0.80%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	3.41%	-	-	-	4.79%
Cost of Revenue to Revenue	66.08%	64.76%	63.99%	72.64%	59.82%	61.66%	63.21%	59.78%	61.54%	60.06%	58.21%
SG&A Expenses to Revenue	20.49%	23.46%	23.52%	22.55%	25.23%	24.52%	23.76%	23.36%	24.67%	23.01%	24.07%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	20.49%	96.39%	23.52%	36.61%	25.23%	25.96%	23.76%	23.36%	24.67%	23.01%	24.07%
Earnings before Interest and Taxes (EBIT)	105	-431	93	-66	104	82	85	114	89	112	122
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	124	-413	111	-47	120	98	101	130	105	129	139
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.50	3.23	3.57	3.61	6.79	6.80	11.57	18.44	14.16	15.33	14.96
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.50	0.54	0.65	0.60	0.83	0.80	1.23	1.41	1.21	1.31	1.30
Price to Earnings (P/E)	5.65	0.00	0.00	0.00	0.00	27.63	46.40	18.88	16.71	16.43	14.29
Dividend Yield	1.47%	8.72%	7.18%	8.05%	11.07%	6.24%	4.14%	3.48%	0.90%	0.86%	0.88%
Earnings Yield	17.71%	0.00%	0.00%	0.00%	0.00%	3.62%	2.16%	5.30%	5.98%	6.09%	7.00%
Enterprise Value to Invested Capital (EV/IC)	1.18	1.54	1.70	1.67	2.11	2.08	2.86	3.11	2.83	2.97	3.04
Enterprise Value to Revenue (EV/Rev)	1.04	1.05	1.13	1.07	1.34	1.31	1.73	1.97	1.74	1.85	1.81
Enterprise Value to EBITDA (EV/EBITDA)	8.13	0.00	0.00	0.00	0.00	12.45	16.99	11.54	10.44	10.45	9.41
Enterprise Value to EBIT (EV/EBIT)	9.96	0.00	0.00	0.00	0.00	16.53	22.58	13.50	12.27	12.15	10.83
Enterprise Value to NOPAT (EV/NOPAT)	14.48	0.00	0.00	0.00	0.00	25.89	34.18	19.67	17.42	17.24	15.53
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	50.61	14.94	7.67	8.48	8.13	9.21	11.38	10.54	12.78	12.55
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	5.91	8.72	9.02	10.25	12.83	11.42	14.63	12.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.75	3.30	2.89	3.22	4.61	4.66	5.05	7.84	6.74	6.78	6.48
Long-Term Debt to Equity	1.74	3.27	2.86	3.19	4.58	4.63	5.02	7.80	6.71	6.74	6.44
Financial Leverage	1.37	1.61	1.59	2.22	2.32	3.58	3.37	4.18	4.97	5.16	5.19
Leverage Ratio	3.58	4.22	4.00	4.77	4.89	6.60	6.37	7.58	8.85	8.87	9.20
Compound Leverage Factor	2.58	4.44	2.94	6.56	3.70	4.55	4.51	5.89	6.07	6.89	7.35
Debt to Total Capital	63.66%	76.72%	74.27%	76.30%	82.16%	82.34%	83.47%	88.69%	87.09%	87.14%	86.62%
Short-Term Debt to Total Capital	0.52%	0.62%	0.63%	0.80%	0.53%	0.54%	0.54%	0.46%	0.47%	0.47%	0.48%
Long-Term Debt to Total Capital	63.14%	76.10%	73.64%	75.50%	81.63%	81.80%	82.93%	88.23%	86.62%	86.68%	86.15%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	36.34%	23.28%	25.73%	23.70%	17.84%	17.66%	16.53%	11.31%	12.91%	12.86%	13.38%
Debt to EBITDA	4.60	-13.83	-26.98	-6.70	-6.76	5.21	5.29	3.52	3.47	3.28	2.94
Net Debt to EBITDA	4.18	-12.78	-24.84	-5.92	-6.10	4.84	4.88	3.25	3.16	3.03	2.63
Long-Term Debt to EBITDA	4.56	-13.72	-26.75	-6.63	-6.72	5.17	5.25	3.51	3.45	3.26	2.92
Debt to NOPAT	8.19	-11.89	-14.83	-6.83	-6.99	10.84	10.63	6.01	5.79	5.41	4.84
Net Debt to NOPAT	7.45	-10.98	-13.66	-6.04	-6.30	10.08	9.81	5.54	5.27	5.00	4.34
Long-Term Debt to NOPAT	8.13	-11.79	-14.71	-6.76	-6.94	10.76	10.56	5.98	5.76	5.38	4.81
Altman Z-Score	1.44	1.41	2.00	1.82	2.17	2.30	2.46	2.57	2.39	2.79	2.55
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.26	2.87	3.03	3.18	2.96	2.73	2.46	2.78	2.50	2.66	2.51
Quick Ratio	0.97	1.14	1.21	1.47	1.34	1.16	1.05	1.31	1.17	1.22	1.18
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-689	-830	-345	686	707	313	375	223	197	130	145
Operating Cash Flow to CapEx	948.22%	1,384.92%	0.00%	1,214.83%	1,766.99%	357.91%	1,078.48%	215.45%	5,401.68%	367.07%	60,560.17%
Free Cash Flow to Firm to Interest Expense	-23.49	-36.86	-14.00	27.58	27.57	11.71	14.81	8.52	6.86	5.09	5.81
Operating Cash Flow to Interest Expense	3.70	5.52	3.06	3.46	5.75	4.60	5.77	1.52	4.25	2.82	5.74
Operating Cash Flow Less CapEx to Interest Expense	3.31	5.12	3.35	3.18	5.42	3.31	5.24	0.82	4.17	2.05	5.73
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.90	1.05	1.08	0.88	0.91	1.03	1.04	1.04	1.05	1.10	1.11
Accounts Receivable Turnover	6.84	8.68	8.49	6.32	6.98	7.97	8.24	7.18	7.66	8.39	9.19
Inventory Turnover	3.06	3.35	3.23	3.01	2.85	2.95	3.07	3.17	3.25	3.44	3.49
Fixed Asset Turnover	0.00	9.74	0.00	0.00	0.00	9.36	0.00	0.00	0.00	9.25	0.00
Accounts Payable Turnover	7.93	8.41	9.41	9.83	9.88	11.15	10.99	10.67	10.38	13.59	10.55
Days Sales Outstanding (DSO)	53.39	42.06	43.00	57.79	52.31	45.81	44.30	50.86	47.62	43.49	39.71
Days Inventory Outstanding (DIO)	119.12	109.03	113.03	121.21	128.07	123.64	118.86	115.18	112.22	106.14	104.56
Days Payable Outstanding (DPO)	46.04	43.42	38.78	37.13	36.93	32.73	33.22	34.21	35.16	26.86	34.60
Cash Conversion Cycle (CCC)	126.47	107.66	117.24	141.88	143.45	136.72	129.93	131.83	124.69	122.77	109.68
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,381	1,942	1,933	1,808	1,738	1,688	1,618	1,667	1,601	1,638	1,554
Invested Capital Turnover	1.35	1.70	1.68	1.31	1.34	1.48	1.51	1.52	1.56	1.58	1.65
Increase / (Decrease) in Invested Capital	760	526	403	-732	-643	-254	-316	-141	-137	-50	-63
Enterprise Value (EV)	2,805	2,998	3,282	3,023	3,676	3,511	4,628	5,190	4,538	4,858	4,731
Market Capitalization	1,362	1,545	1,882	1,692	2,281	2,145	3,299	3,728	3,164	3,448	3,408
Book Value per Share	$15.89	$8.37	$9.23	$8.19	$5.87	$5.77	$5.84	$3.97	$4.51	$4.57	$4.76
Tangible Book Value per Share	($12.94)	($10.87)	($9.96)	($9.01)	($11.24)	($11.86)	($13.84)	($14.74)	($14.62)	($14.68)	($14.86)
Total Capital	2,494	2,051	2,047	1,976	1,882	1,785	1,725	1,788	1,731	1,749	1,703
Total Debt	1,588	1,574	1,521	1,507	1,546	1,470	1,440	1,585	1,507	1,524	1,475
Total Long-Term Debt	1,575	1,561	1,508	1,492	1,536	1,460	1,430	1,577	1,499	1,516	1,467
Net Debt	1,443	1,453	1,400	1,332	1,395	1,367	1,329	1,462	1,374	1,410	1,323
Capital Expenditures (CapEx)	11	8.97	-7.09	7.09	8.34	34	14	18	2.26	20	0.24
Debt-free, Cash-free Net Working Capital (DFCFNWC)	616	684	684	673	607	528	470	531	454	474	395
Debt-free Net Working Capital (DFNWC)	761	804	805	849	759	631	580	654	588	589	547
Net Working Capital (NWC)	748	791	792	833	749	621	571	645	580	580	539
Net Nonoperating Expense (NNE)	-69	113	9.37	16	15	17	17	18	19	18	11
Net Nonoperating Obligations (NNO)	1,475	1,465	1,407	1,340	1,402	1,373	1,333	1,465	1,378	1,413	1,327
Total Depreciation and Amortization (D&A)	19	19	18	18	17	17	16	16	16	17	17
Debt-free, Cash-free Net Working Capital to Revenue	22.73%	24.00%	23.54%	23.72%	22.06%	19.67%	17.53%	20.09%	17.44%	18.08%	15.13%
Debt-free Net Working Capital to Revenue	28.07%	28.22%	27.69%	29.91%	27.57%	23.50%	21.66%	24.75%	22.56%	22.44%	20.95%
Net Working Capital to Revenue	27.59%	27.77%	27.25%	29.35%	27.21%	23.14%	21.31%	24.44%	22.25%	22.13%	20.63%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.71	($8.07)	$0.93	($1.17)	$0.94	$0.79	$0.86	$1.34	$0.87	$1.34	$1.56
Adjusted Weighted Average Basic Shares Outstanding	51.73M	51.67M	52.58M	53.04M	52.30M	52.11M	48.78M	47.95M	47.03M	47.57M	45.54M
Adjusted Diluted Earnings per Share	$2.60	($7.90)	$0.88	($1.17)	$0.90	$0.81	$0.82	$1.28	$0.84	$1.29	$1.49
Adjusted Weighted Average Diluted Shares Outstanding	53.91M	51.67M	55.30M	53.04M	54.60M	54.61M	51.47M	49.93M	48.85M	49.67M	47.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	57.06M	57.06M	57.19M	57.21M	54.60M	52.16M	50.95M	49.55M	49.26M	47.82M	47.53M
Normalized Net Operating Profit after Tax (NOPAT)	72	-304	58	24	64	59	59	82	60	80	82
Normalized NOPAT Margin	9.33%	-42.81%	8.94%	3.37%	9.38%	9.22%	9.14%	12.21%	9.29%	12.17%	12.89%
Pre Tax Income Margin	9.90%	-63.99%	10.47%	-12.68%	11.48%	8.79%	9.35%	13.16%	9.42%	13.18%	15.41%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.59	-19.16	3.76	-2.63	4.04	3.06	3.36	4.36	3.10	4.37	4.90
NOPAT to Interest Expense	2.44	-13.48	2.36	-1.85	2.50	2.21	2.32	3.14	2.09	3.13	3.28
EBIT Less CapEx to Interest Expense	3.20	-19.56	4.04	-2.92	3.72	1.78	2.83	3.66	3.02	3.60	4.89
NOPAT Less CapEx to Interest Expense	2.05	-13.88	2.64	-2.14	2.17	0.93	1.79	2.44	2.02	2.37	3.27
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	7.94%	-66.13%	-79.27%	-44.61%	-62.74%	172.40%	192.22%	72.24%	18.59%	17.06%	14.62%
Augmented Payout Ratio	12.64%	-71.81%	-87.13%	-49.09%	-88.54%	383.66%	519.52%	261.31%	180.77%	164.71%	130.96%

Frequently Asked Questions About Griffon's Financials

When does Griffon's financial year end?

According to the most recent income statement we have on file, Griffon's fiscal year ends in September. Their fiscal year 2024 ended on September 30, 2024.

How has Griffon's net income changed over the last 9 years?

Griffon's net income appears to be on an upward trend, with a most recent value of $209.90 million in 2024, rising from $34.29 million in 2015. The previous period was $77.62 million in 2023. Check out Griffon's forecast to explore projected trends and price targets.

What is Griffon's operating income?

Griffon's total operating income in 2024 was $398.30 million, based on the following breakdown:

Total Gross Profit: $1.02 billion
Total Operating Expenses: $621.64 million

How has Griffon revenue changed over the last 9 years?

Over the last 9 years, Griffon's total revenue changed from $1.48 billion in 2015 to $2.62 billion in 2024, a change of 76.9%.

How much debt does Griffon have?

Griffon's total liabilities were at $2.15 billion at the end of 2024, a 2.0% increase from 2023, and a 67.4% increase since 2015.

How much cash does Griffon have?

In the past 9 years, Griffon's cash and equivalents has ranged from $47.68 million in 2017 to $248.65 million in 2021, and is currently $114.44 million as of their latest financial filing in 2024.

How has Griffon's book value per share changed over the last 9 years?

Over the last 9 years, Griffon's book value per share changed from 8.64 in 2015 to 4.57 in 2024, a change of -47.2%.

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This page (NYSE:GFF) was last updated on 5/4/2025 by MarketBeat.com Staff

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Griffon (GFF) Financials

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Griffon (GFF) Financials

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