Griffon (GFF) Financials

$84.70 +1.39 (+1.66%)

As of 09:54 AM 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	2025
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	9/30/2025
Net Income / (Loss) Attributable to Common Shareholders	34	30	15	126	37	53	79	-192	78	210	51
Consolidated Net Income / (Loss)	34	30	15	126	37	53	79	-192	78	210	51
Net Income / (Loss) Continuing Operations	12	20	18	33	25	41	70	-288	78	210	51
Total Pre-Tax Income	19	32	17	34	46	67	110	-271	113	297	127
Total Operating Income	67	82	67	93	109	140	171	-189	197	398	206
Total Gross Profit	392	401	408	511	517	584	641	937	949	1,020	1,058
Total Revenue	1,483	1,477	1,525	1,978	1,874	2,067	2,271	2,848	2,685	2,624	2,520
Operating Revenue	1,483	1,477	1,525	1,978	1,874	2,067	2,271	2,848	2,685	2,624	2,520
Total Cost of Revenue	1,091	1,076	1,117	1,467	1,357	1,483	1,630	1,912	1,736	1,604	1,462
Operating Cost of Revenue	1,091	1,076	1,117	1,467	1,357	1,483	1,630	1,912	1,736	1,604	1,462
Total Operating Expenses	325	318	341	419	408	444	471	1,126	752	622	852
Selling, General & Admin Expense	325	318	341	419	408	444	471	609	643	622	608
Impairment Charge	-	-	-	-	-	0.00	0.00	517	109	0.00	244
Total Other Income / (Expense), net	-48	-50	-50	-59	-62	-72	-61	-82	-84	-102	-79
Interest Expense	48	50	52	66	68	74	63	89	102	106	96
Interest & Investment Income	0.26	0.07	0.06	1.70	0.80	0.75	0.44	0.22	2.09	2.43	2.16
Other Income / (Expense), net	-0.33	-0.25	1.11	4.88	5.23	1.66	2.11	6.88	16	1.71	15
Income Tax Expense	6.77	12	-1.09	0.56	21	26	40	17	35	87	76
Basic Earnings per Share	$0.77	$0.73	$0.36	$3.06	$0.91	$1.25	$1.56	($3.71)	$1.49	$4.41	$1.13
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	45.35M
Diluted Earnings per Share	$0.73	$0.68	$0.35	$2.96	$0.87	$1.19	$1.48	($3.71)	$1.42	$4.23	$1.09
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	46.69M
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	46.23M

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

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	42	42	64	41	62	71	50	-120	44	64	21
Consolidated Net Income / (Loss)	42	42	64	41	62	71	57	-120	44	64	19
Net Income / (Loss) Continuing Operations	42	42	64	41	62	71	50	-120	44	64	47
Total Pre-Tax Income	56	60	89	61	87	97	68	-149	101	90	65
Total Operating Income	79	84	113	89	112	112	91	-126	119	113	87
Total Gross Profit	246	237	271	249	263	264	198	265	276	267	192
Total Revenue	641	643	673	648	660	632	427	614	662	649	422
Operating Revenue	641	643	673	648	660	632	427	614	662	649	422
Total Cost of Revenue	396	407	402	399	396	368	228	348	386	382	230
Operating Cost of Revenue	396	407	402	399	396	368	228	348	386	382	230
Total Operating Expenses	166	153	157	160	152	152	107	391	157	153	105
Selling, General & Admin Expense	157	153	157	160	152	152	107	148	157	153	105
Total Other Income / (Expense), net	-23	-24	-25	-28	-25	-15	-23	-23	-19	-23	-45
Interest Expense	27	25	26	29	26	25	24	24	23	23	21
Interest & Investment Income	1.32	0.42	0.64	0.77	0.60	0.41	0.24	0.57	0.47	0.36	0.00
Other Income / (Expense), net	2.36	1.18	0.64	-0.38	0.26	9.81	0.32	0.37	4.08	-1.09	-24
Income Tax Expense	14	18	24	20	24	27	18	-29	57	26	18
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-	-	-	-	-	-	-	-	-	-	-5.12
Basic Earnings per Share	$0.79	$0.86	$1.34	$0.87	$1.34	$1.56	$1.24	($2.65)	$0.98	$1.44	$0.86
Weighted Average Basic Shares Outstanding	52.11M	48.78M	47.95M	47.03M	47.57M	45.54M	45.66M	45.32M	45.35M	44.66M	44.62M
Diluted Earnings per Share	$0.81	$0.82	$1.28	$0.84	$1.29	$1.49	$1.21	($2.65)	$1.04	$1.41	$0.85
Weighted Average Diluted Shares Outstanding	54.61M	51.47M	49.93M	48.85M	49.67M	47.54M	46.90M	45.32M	46.69M	45.77M	45.69M
Weighted Average Basic & Diluted Shares Outstanding	52.16M	50.95M	49.55M	49.26M	47.82M	47.53M	47.03M	46.56M	46.23M	46.58M	45.87M
Cash Dividends to Common per Share	-	$0.15	$0.15	$0.15	-	$0.18	$0.18	$0.18	-	$0.22	$0.22

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	2025
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	9/30/2025
Net Change in Cash & Equivalents	-40	21	-25	22	2.62	146	31	-128	-17	12	-15
Net Cash From Operating Activities	32	80	49	58	90	107	70	59	432	380	357
Net Cash From Continuing Operating Activities	32	80	49	58	90	107	70	59	432	380	357
Net Income / (Loss) Continuing Operations	12	20	18	33	25	41	70	-288	78	210	51
Consolidated Net Income / (Loss)	34	30	15	126	37	53	79	-192	78	210	51
Depreciation Expense	46	46	48	56	52	52	52	65	65	61	63
Amortization Expense	6.98	7.32	4.51	5.22	5.39	3.66	2.64	3.78	4.23	4.20	4.18
Non-Cash Adjustments To Reconcile Net Income	11	10	8.24	20	16	31	27	566	198	53	261
Changes in Operating Assets and Liabilities, net	-44	-3.49	-29	-56	-8.30	-22	-83	-287	86	52	-22
Net Cash From Investing Activities	-39	-62	-71	2.57	-64	-51	-56	-583	-45	-65	-34
Net Cash From Continuing Investing Activities	-39	-62	-71	2.57	-64	-51	-56	-583	-45	-65	-34
Purchase of Property, Plant & Equipment	-46	-59	-35	-50	-35	-41	-37	-42	-64	-68	-52
Acquisitions	-2.23	-4.47	-35	-431	-9.22	-11	-2.24	-851	0.00	-15	0.00
Sale of Property, Plant & Equipment	0.20	0.77	0.14	0.66	0.28	0.35	0.24	0.09	21	14	18
Divestitures	-	0.00	0.00	475	-	0.00	0.00	296	-2.57	3.50	0.00
Net Cash From Financing Activities	-74	15	-0.70	39	-35	68	-28	393	-400	-299	-339
Net Cash From Continuing Financing Activities	-74	15	-0.70	39	-35	68	-28	393	-400	-299	-339
Repayment of Debt	-189	-213	-197	-309	-220	-1,326	-29	-528	-225	-170	-179
Repurchase of Common Equity	-82	-65	-16	-46	-1.48	-7.48	-3.36	-11	-164	-310	-183
Payment of Dividends	-7.65	-8.80	-10	-50	-14	-15	-17	-127	-134	-36	-40
Issuance of Debt	204	302	233	443	202	1,240	21	1,059	123	217	63
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	1.63
Other Net Changes in Cash	46	-14	-2.15	-79	11	20	49	7.57	-2.99	-2.78	-1.29
Cash Interest Paid	41	43	48	60	64	63	61	78	100	101	93
Cash Income Taxes Paid	16	3.43	21	32	25	21	41	80	71	103	96

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	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-49	7.66	12	10	-19	38	-24	-21	-8.23	-3.77	14
Net Cash From Operating Activities	123	146	40	122	72	143	17	123	75	107	11
Net Cash From Continuing Operating Activities	123	146	40	122	72	143	17	123	75	107	11
Net Income / (Loss) Continuing Operations	42	42	64	41	62	71	57	-120	44	64	38
Consolidated Net Income / (Loss)	42	42	64	41	62	71	57	-120	44	64	19
Depreciation Expense	15	15	15	15	16	16	16	16	16	16	3.88
Amortization Expense	1.16	1.06	1.06	1.06	1.03	1.03	1.04	1.05	1.05	1.05	0.96
Non-Cash Adjustments To Reconcile Net Income	20	15	6.07	23	9.54	-0.61	5.45	250	7.44	11	7.32
Changes in Operating Assets and Liabilities, net	44	73	-47	42	-17	56	-62	-23	6.90	15	-39
Net Cash From Investing Activities	-34	-14	-18	-2.26	-31	-0.24	-13	-8.37	-12	-7.66	-9.99
Net Cash From Continuing Investing Activities	-34	-14	-18	-2.26	-31	-0.24	-13	-8.37	-12	-7.66	-9.99
Purchase of Property, Plant & Equipment	-43	-14	-19	-15	-21	-17	-14	-8.69	-13	-7.66	-9.99
Net Cash From Financing Activities	-138	-124	-8.10	-107	-60	-108	-26	-136	-69	-102	3.80
Net Cash From Continuing Financing Activities	-138	-124	-8.10	-107	-60	-108	-26	-136	-69	-102	3.80
Repayment of Debt	-86	-64	-3.41	-80	-22	-50	-2.11	-87	-40	-60	-2.03
Repurchase of Common Equity	-66	-81	-141	-19	-68	-49	-72	-40	-22	-30	-34
Payment of Dividends	-6.44	-9.97	-12	-7.09	-7.04	-9.04	-14	-8.18	-8.07	-11	-10
Effect of Exchange Rate Changes	0.43	2.02	-0.40	-2.29	-1.29	3.13	-1.42	0.84	-0.93	-0.81	-0.17
Other Net Changes in Cash	-0.20	-2.93	-0.35	-0.43	0.93	-0.18	0.03	-0.53	-0.60	-0.73	9.44

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	2025
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	9/30/2025
Total Assets	1,713	1,782	1,874	2,086	2,075	2,449	2,605	2,816	2,419	2,371	2,076
Total Current Assets	741	781	1,098	914	925	1,106	1,369	1,215	981	929	1,246
Cash & Equivalents	52	73	48	-	72	218	249	120	103	114	99
Accounts Receivable	323	311	340	-	264	278	295	362	312	313	197
Inventories, net	326	261	299	420	442	320	473	669	507	425	172
Prepaid Expenses	40	23	40	-	41	42	76	62	57	62	42
Other Current Assets	-	-	-	-	105	-	-	-	0.00	15	736
Plant, Property, & Equipment, net	380	237	232	0.00	337	0.00	290	295	279	288	0.00
Total Noncurrent Assets	592	764	543	0.00	812	1,343	946	1,307	1,159	1,153	830
Goodwill	356	306	319	-	437	424	426	336	328	329	191
Intangible Assets	214	198	205	-	357	354	350	762	635	619	364
Other Noncurrent Operating Assets	19	7.57	16	-	16	478	170	205	192	202	275
Total Liabilities & Shareholders' Equity	1,713	1,782	1,874	2,086	2,075	2,449	2,605	2,816	2,419	2,371	2,076
Total Liabilities	1,282	1,371	1,475	347	1,597	1,748	1,798	2,339	2,104	2,146	2,002
Total Current Liabilities	320	318	371	401	390	442	532	424	359	349	446
Short-Term Debt	17	14	11	-	11	9.92	12	13	9.63	8.16	8.03
Accounts Payable	200	148	184	242	251	173	260	195	117	119	58
Accrued Expenses	101	84	83	-	125	144	145	172	193	182	115
Other Current Liabilities	-	-	-	-	0.00	30	30	32	33	35	15
Other Current Nonoperating Liabilities	2.23	72	93	-	4.33	86	84	13	7.15	4.50	250
Total Noncurrent Liabilities	962	1,053	1,104	105	1,207	1,307	1,266	1,915	1,744	1,797	1,556
Long-Term Debt	827	897	968	-	1,094	1,037	1,033	1,561	1,460	1,516	1,404
Other Noncurrent Operating Liabilities	132	123	133	105	110	252	229	350	280	278	152
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	545	478	700	807	478	315	225	74
Total Preferred & Common Equity	431	411	399	469	478	700	807	478	315	225	74
Total Common Equity	431	411	399	545	478	700	807	478	315	225	74
Common Stock	538	550	507	-	540	604	623	649	684	698	74

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	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	12/31/2022	3/31/2023	6/30/2023	12/31/2023	3/31/2024	6/30/2024	12/31/2024	3/31/2025	6/30/2025	12/31/2025	3/31/2026
Total Assets	2,777	2,660	2,571	2,393	2,424	2,379	2,325	2,344	2,087	2,055	2,066
Total Current Assets	1,183	1,215	1,131	963	1,007	966	895	920	912	873	1,230
Cash & Equivalents	121	176	152	111	123	133	152	128	107	95	110
Accounts Receivable	351	386	359	300	350	320	269	301	272	274	201
Inventories, net	646	574	555	479	444	431	418	431	446	440	184
Prepaid Expenses	64	78	64	58	65	66	50	53	81	57	39
Other Current Assets	-	-	-	15	24	15	5.56	5.45	5.29	5.53	696
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	1,594	1,446	1,440	1,431	1,417	1,412	1,430	1,423	1,175	1,181	836
Goodwill	334	328	328	328	328	328	329	330	193	193	191
Intangible Assets	761	656	651	632	625	620	609	604	494	483	350
Other Noncurrent Operating Assets	495	458	457	467	459	460	488	485	484	500	295
Total Liabilities & Shareholders' Equity	2,777	2,660	2,571	2,393	2,424	2,379	2,325	2,344	2,087	2,055	2,066
Total Liabilities	2,250	2,192	2,236	2,108	2,222	2,155	2,097	2,129	2,023	1,946	1,972
Total Current Liabilities	391	382	382	392	362	387	356	331	338	342	430
Short-Term Debt	13	16	10	9.27	8.15	8.14	8.14	8.13	8.12	8.12	8.02
Accounts Payable	160	159	152	154	143	157	143	141	131	139	85
Accrued Expenses	178	169	183	190	174	185	167	145	163	157	93
Other Current Liabilities	31	30	30	34	33	33	34	32	32	34	17
Other Current Nonoperating Liabilities	8.14	7.46	7.26	4.22	2.75	4.22	4.37	4.91	4.55	3.24	227
Total Noncurrent Liabilities	1,860	1,810	1,853	1,717	1,860	1,769	1,741	1,798	1,685	1,604	1,542
Long-Term Debt	1,508	1,492	1,536	1,430	1,577	1,499	1,467	1,529	1,443	1,346	1,395
Other Noncurrent Operating Liabilities	348	313	311	282	277	264	271	265	238	253	147
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	527	468	336	285	202	224	228	215	64	109	94
Total Preferred & Common Equity	527	468	336	285	202	224	228	215	64	109	94
Total Common Equity	527	468	336	285	202	224	228	215	64	109	94
Common Stock	527	468	336	285	202	224	228	215	64	109	94

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	2025
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	9/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-25.53%	-0.42%	3.25%	29.70%	-5.24%	10.26%	9.88%	25.45%	-5.73%	-2.30%	-3.95%
EBITDA Growth	-23.04%	13.70%	-11.21%	31.66%	7.53%	15.42%	15.57%	-149.97%	348.03%	64.78%	-37.96%
EBIT Growth	-18.12%	23.29%	-16.99%	43.34%	16.44%	24.15%	22.30%	-205.50%	216.62%	88.26%	-44.69%
NOPAT Growth	-21.14%	17.19%	41.19%	27.86%	-34.50%	43.34%	27.27%	-221.35%	202.47%	107.80%	-70.63%
Net Income Growth	19,472.32%	-12.48%	-50.31%	742.80%	-70.33%	43.29%	48.25%	-341.83%	140.52%	170.43%	-75.65%
EPS Growth	0.00%	-6.85%	-48.53%	745.71%	-70.61%	36.78%	24.37%	-350.68%	138.27%	197.89%	-74.23%
Operating Cash Flow Growth	-65.86%	151.50%	-38.65%	18.39%	55.26%	18.31%	-34.69%	-15.14%	628.84%	-11.98%	-5.95%
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%	-0.35%
Invested Capital Growth	-1.45%	-19.19%	6.35%	44.96%	-0.72%	-14.27%	9.08%	37.17%	-13.07%	-2.97%	-15.14%
Revenue Q/Q Growth	-27.27%	3.59%	36.80%	6.16%	-14.05%	4.06%	12.40%	5.12%	-2.45%	0.70%	0.10%
EBITDA Q/Q Growth	-28.45%	13.62%	22.74%	20.62%	-15.05%	5.38%	4.92%	-132.96%	223.34%	6.94%	4.17%
EBIT Q/Q Growth	-26.90%	23.80%	10.58%	30.34%	-15.02%	8.32%	1.57%	-164.71%	170.70%	8.16%	5.31%
NOPAT Q/Q Growth	-34.28%	-1.37%	35.74%	-50.85%	2.70%	30.47%	3.54%	-168.31%	161.29%	8.19%	-32.33%
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%	-26.95%
EPS Q/Q Growth	7.35%	-13.92%	-53.33%	10.04%	81.25%	4.39%	-8.07%	-182.63%	119.48%	12.80%	-18.66%
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%	0.81%
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%	5.68%
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%	-1.45%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	26.45%	27.13%	26.76%	25.85%	27.58%	28.26%	28.24%	32.89%	35.34%	38.88%	41.99%
EBITDA Margin	8.05%	9.19%	7.90%	8.02%	9.10%	9.53%	10.03%	-3.99%	10.51%	17.72%	11.45%
Operating Margin	4.51%	5.57%	4.40%	4.69%	5.79%	6.75%	7.51%	-6.64%	7.33%	15.18%	8.19%
EBIT Margin	4.49%	5.56%	4.47%	4.94%	6.07%	6.83%	7.61%	-6.40%	7.91%	15.25%	8.78%
Profit (Net Income) Margin	2.31%	2.03%	0.98%	6.35%	1.99%	2.59%	3.49%	-6.72%	2.89%	8.00%	2.03%
Tax Burden Percent	179.84%	93.16%	89.30%	371.72%	80.67%	79.18%	72.04%	70.72%	68.88%	70.76%	40.13%
Interest Burden Percent	28.64%	39.24%	24.50%	34.61%	40.64%	47.79%	63.67%	148.68%	53.03%	74.16%	57.57%
Effective Tax Rate	35.52%	38.59%	-6.50%	1.64%	44.90%	38.58%	36.06%	0.00%	31.12%	29.24%	59.87%
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%	5.47%
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%	3.15%
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%	28.74%
Return on Equity (ROE)	7.12%	7.13%	3.68%	28.79%	7.83%	9.07%	10.51%	-29.82%	19.58%	77.72%	34.20%
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%	21.85%
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%	9.98%
Return on Assets (ROA)	1.95%	1.72%	0.82%	6.35%	1.79%	2.36%	3.14%	-7.07%	2.97%	8.76%	2.31%
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%	34.20%
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%	0.00%
Net Operating Profit after Tax (NOPAT)	43	51	71	91	60	86	109	-132	136	282	83
NOPAT Margin	2.91%	3.42%	4.68%	4.61%	3.19%	4.15%	4.80%	-4.65%	5.05%	10.74%	3.28%
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%	2.32%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	5.57%
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%	58.01%
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%	24.13%
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	21.94%	21.55%	22.37%	21.16%	21.79%	21.51%	20.72%	39.53%	28.00%	23.69%	33.80%
Earnings before Interest and Taxes (EBIT)	67	82	68	98	114	141	173	-182	212	400	221
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	119	136	121	159	171	197	228	-114	282	465	288
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	47.93
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	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	1.41
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	69.37
Dividend Yield	1.38%	1.58%	1.44%	9.86%	1.69%	1.85%	1.54%	8.72%	6.24%	0.86%	0.95%
Earnings Yield	5.94%	5.15%	1.89%	21.23%	4.64%	6.93%	6.74%	0.00%	3.62%	6.09%	1.44%
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	3.50
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	1.93
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	16.85
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	21.96
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	58.70
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	13.59
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	14.69
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	19.09
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	18.99
Financial Leverage	1.56	1.63	1.52	1.95	2.19	1.39	0.80	1.61	3.58	5.16	9.13
Leverage Ratio	3.66	4.15	4.51	4.53	4.37	3.84	3.35	4.22	6.60	8.87	14.84
Compound Leverage Factor	1.05	1.63	1.11	1.57	1.78	1.84	2.13	6.27	3.50	6.58	8.54
Debt to Total Capital	66.21%	68.91%	71.06%	70.27%	69.80%	59.93%	56.44%	76.72%	82.34%	87.14%	95.02%
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%	0.55%
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%	94.48%
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	33.79%	31.09%	28.94%	29.73%	30.20%	40.07%	43.56%	23.28%	17.66%	12.86%	4.98%
Debt to EBITDA	7.07	6.71	8.12	7.06	6.47	5.32	4.59	-13.83	5.21	3.28	4.90
Net Debt to EBITDA	6.63	6.18	7.73	6.62	6.05	4.21	3.50	-12.78	4.84	3.03	4.55
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	4.87
Debt to NOPAT	19.55	18.01	13.72	12.28	18.47	12.22	9.59	-11.89	10.84	5.41	17.06
Net Debt to NOPAT	18.35	16.58	13.05	11.52	17.26	9.67	7.31	-10.98	10.08	5.00	15.87
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	16.97
Altman Z-Score	1.93	1.92	2.08	1.99	2.08	1.97	2.23	1.70	2.48	3.19	3.29
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	2.32	2.45	2.96	2.32	2.37	2.50	2.57	2.87	2.73	2.66	2.66
Quick Ratio	1.17	1.21	1.04	1.20	0.86	1.12	1.02	1.14	1.16	1.22	1.17
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	61	285	8.57	-382	71	302	-8.78	-659	389	332	331
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%	1,038.19%
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	3.45
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	3.72
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	3.36
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.84	0.85	0.83	1.00	0.90	0.91	0.90	1.05	1.03	1.10	1.14
Accounts Receivable Turnover	4.29	4.66	4.68	5.33	5.62	7.61	7.92	8.68	7.97	8.39	8.35
Inventory Turnover	3.54	3.67	3.98	4.20	3.23	3.89	4.11	3.35	2.95	3.44	3.38
Fixed Asset Turnover	3.95	4.79	6.50	6.88	5.51	0.00	0.00	9.74	9.36	9.25	8.66
Accounts Payable Turnover	5.21	6.19	6.73	7.02	5.61	7.01	7.53	8.41	11.15	13.59	11.38
Days Sales Outstanding (DSO)	85.02	78.33	77.93	68.48	64.92	47.94	46.07	42.06	45.81	43.49	43.71
Days Inventory Outstanding (DIO)	103.04	99.55	91.63	86.83	113.00	93.84	88.81	109.03	123.64	106.14	108.14
Days Payable Outstanding (DPO)	70.01	59.00	54.26	51.97	65.10	52.08	48.45	43.42	32.73	26.86	32.06
Cash Conversion Cycle (CCC)	118.05	118.89	115.30	103.35	112.82	89.70	86.44	107.66	136.72	122.77	119.79
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,224	989	1,052	1,525	1,514	1,298	1,416	1,942	1,688	1,638	1,390
Invested Capital Turnover	1.20	1.33	1.49	1.53	1.23	1.47	1.67	1.70	1.48	1.58	1.66
Increase / (Decrease) in Invested Capital	-18	-235	63	473	-11	-216	118	526	-254	-50	-248
Enterprise Value (EV)	1,369	1,421	1,720	1,643	1,836	1,600	1,973	2,998	3,511	4,858	4,859
Market Capitalization	577	582	788	592	804	771	1,176	1,545	2,145	3,448	3,545
Book Value per Share	$8.64	$8.92	$8.44	$10.40	$10.21	$14.76	$14.24	$8.37	$5.77	$4.57	$1.59
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)	($13.04)
Total Capital	1,274	1,322	1,378	1,595	1,582	1,747	1,853	2,051	1,785	1,749	1,486
Total Debt	844	911	979	1,121	1,104	1,047	1,046	1,574	1,470	1,524	1,412
Total Long-Term Debt	827	897	968	1,108	1,094	1,037	1,033	1,561	1,460	1,516	1,404
Net Debt	792	838	931	1,051	1,032	829	797	1,453	1,367	1,410	1,313
Capital Expenditures (CapEx)	46	59	35	49	35	41	37	42	43	54	34
Debt-free, Cash-free Net Working Capital (DFCFNWC)	386	404	690	463	473	456	601	684	528	474	465
Debt-free Net Working Capital (DFNWC)	438	477	738	533	546	674	850	804	631	589	564
Net Working Capital (NWC)	421	463	727	520	535	664	837	791	621	580	556
Net Nonoperating Expense (NNE)	8.86	21	56	-34	23	32	30	59	58	72	32
Net Nonoperating Obligations (NNO)	794	578	653	1,051	1,036	598	609	1,465	1,373	1,413	1,316
Total Depreciation and Amortization (D&A)	53	54	52	61	57	56	55	68	70	65	67
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%	18.46%
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%	22.39%
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%	22.07%
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	$1.13
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	45.35M
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	$1.09
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	46.69M
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	48.16M	45.04M	47.22M	45.67M	46.81M	56.12M	56.61M	57.06M	52.16M	47.82M	46.23M
Normalized Net Operating Profit after Tax (NOPAT)	43	51	47	91	60	86	109	230	211	282	315
Normalized NOPAT Margin	2.91%	3.42%	3.08%	4.61%	3.19%	4.15%	4.80%	8.06%	7.85%	10.74%	12.50%
Pre Tax Income Margin	1.29%	2.18%	1.10%	1.71%	2.47%	3.27%	4.84%	-9.51%	4.20%	11.31%	5.05%
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	2.30
NOPAT to Interest Expense	0.90	1.01	1.39	1.39	0.88	1.15	1.73	-1.49	1.33	2.66	0.86
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	1.95
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	0.50
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%	77.66%
Augmented Payout Ratio	262.47%	246.93%	175.47%	75.91%	40.64%	41.19%	25.88%	-71.81%	383.66%	164.71%	436.24%

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

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	46,579,173.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	46,579,173.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.46
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.53%	-0.96%	-5.36%	-5.21%	2.85%	-1.68%	-9.09%	-5.28%	0.38%	2.64%	-1.13%
EBITDA Growth	123.84%	-8.86%	375.66%	-12.53%	30.70%	37.31%	-8.96%	-203.31%	8.99%	-6.87%	-28.35%
EBIT Growth	118.96%	-8.15%	274.13%	-14.18%	36.90%	43.38%	-10.72%	-241.22%	9.97%	-7.90%	-30.12%
NOPAT Growth	119.48%	1.25%	278.35%	-6.12%	35.80%	38.66%	-11.12%	-246.60%	-35.64%	-0.48%	-5.79%
Net Income Growth	110.07%	-13.40%	203.03%	-16.50%	48.91%	67.98%	-11.51%	-392.41%	-30.17%	-9.12%	-65.97%
EPS Growth	110.25%	-6.82%	209.40%	-6.67%	59.26%	81.71%	-5.47%	-415.48%	-19.38%	-5.37%	-29.75%
Operating Cash Flow Growth	-1.19%	93.51%	-53.80%	-17.16%	-41.27%	-2.15%	-58.54%	0.80%	3.96%	-25.14%	451.07%
Free Cash Flow Firm Growth	137.71%	208.55%	-67.54%	-72.13%	-58.30%	-61.38%	-49.26%	-47.95%	129.74%	83.58%	-28.95%
Invested Capital Growth	-13.07%	-16.34%	-7.77%	-7.87%	-2.97%	-3.91%	-2.40%	-11.91%	-15.14%	-11.87%	-0.79%
Revenue Q/Q Growth	-6.15%	0.28%	4.62%	-3.73%	1.83%	-4.14%	-3.26%	0.31%	7.91%	-1.98%	-35.01%
EBITDA Q/Q Growth	-18.29%	2.60%	29.07%	-19.16%	22.09%	7.80%	-14.43%	-191.74%	228.80%	-7.89%	-46.85%
EBIT Q/Q Growth	-21.12%	3.98%	34.19%	-22.02%	25.82%	8.90%	-16.44%	-223.34%	197.98%	-8.80%	-43.23%
NOPAT Q/Q Growth	-7.76%	-0.54%	39.74%	-26.77%	33.44%	1.55%	-10.43%	-220.79%	158.58%	57.02%	-22.23%
Net Income Q/Q Growth	-14.71%	0.51%	52.08%	-35.95%	52.10%	13.38%	-19.89%	-311.65%	136.32%	47.55%	-70.00%
EPS Q/Q Growth	-10.00%	1.23%	56.10%	-34.38%	53.57%	15.50%	-18.79%	-319.01%	139.25%	35.58%	-39.72%
Operating Cash Flow Q/Q Growth	-16.70%	18.98%	-72.75%	206.71%	-40.94%	98.22%	-88.45%	645.66%	-39.09%	42.73%	-89.42%
Free Cash Flow Firm Q/Q Growth	-55.73%	19.75%	-40.56%	-11.56%	-33.77%	10.92%	-21.91%	-9.28%	192.36%	-11.37%	-71.40%
Invested Capital Q/Q Growth	-2.86%	-4.19%	3.08%	-3.96%	2.30%	-5.12%	4.70%	-13.32%	-1.45%	-1.46%	17.86%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	38.34%	36.79%	40.22%	38.46%	39.94%	41.79%	41.23%	43.23%	41.72%	41.10%	45.51%
EBITDA Margin	15.33%	15.69%	19.35%	16.25%	19.48%	21.91%	19.38%	-17.72%	21.15%	19.88%	16.25%
Operating Margin	12.38%	13.04%	16.86%	13.79%	16.93%	17.73%	16.54%	-20.53%	17.97%	17.46%	20.71%
EBIT Margin	12.75%	13.22%	16.95%	13.73%	16.97%	19.28%	16.65%	-20.47%	18.59%	17.30%	15.11%
Profit (Net Income) Margin	6.54%	6.56%	9.53%	6.34%	9.47%	11.20%	9.28%	-19.58%	6.59%	9.92%	4.58%
Tax Burden Percent	74.45%	70.13%	72.42%	67.34%	71.89%	72.73%	72.18%	80.52%	43.41%	71.57%	29.73%
Interest Burden Percent	68.94%	70.74%	77.64%	68.58%	77.66%	79.92%	77.20%	118.76%	81.65%	80.13%	101.94%
Effective Tax Rate	25.55%	29.87%	27.58%	32.66%	28.11%	27.27%	27.82%	0.00%	56.59%	28.43%	27.76%
Return on Invested Capital (ROIC)	13.63%	13.79%	18.56%	14.49%	19.20%	21.24%	18.49%	-24.03%	12.99%	21.68%	23.36%
ROIC Less NNEP Spread (ROIC-NNEP)	12.43%	12.58%	17.27%	13.12%	17.92%	20.44%	17.36%	-26.37%	12.40%	20.39%	20.38%
Return on Net Nonoperating Assets (RNNOA)	44.47%	42.44%	72.25%	65.22%	92.44%	105.97%	119.82%	-249.99%	113.22%	156.71%	193.27%
Return on Equity (ROE)	58.11%	56.24%	90.81%	79.71%	111.63%	127.21%	138.31%	-274.02%	126.21%	178.40%	216.63%
Cash Return on Invested Capital (CROIC)	21.45%	25.42%	23.28%	23.79%	19.96%	23.20%	20.37%	20.79%	21.85%	17.91%	5.28%
Operating Return on Assets (OROA)	13.08%	13.70%	17.61%	14.46%	18.59%	21.35%	17.82%	-23.08%	21.13%	20.03%	17.35%
Return on Assets (ROA)	6.71%	6.80%	9.90%	6.68%	10.38%	12.41%	9.93%	-22.07%	7.49%	11.49%	5.26%
Return on Common Equity (ROCE)	58.11%	56.24%	90.81%	79.71%	111.63%	127.21%	138.31%	-274.02%	126.21%	178.40%	216.63%
Return on Equity Simple (ROE_SIMPLE)	0.00%	24.94%	97.68%	84.73%	0.00%	104.74%	107.66%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	59	59	82	60	80	82	73	-88	52	81	63
NOPAT Margin	9.22%	9.14%	12.21%	9.29%	12.17%	12.89%	11.94%	-14.37%	7.80%	12.50%	14.96%
Net Nonoperating Expense Percent (NNEP)	1.21%	1.21%	1.28%	1.37%	1.28%	0.80%	1.13%	2.34%	0.59%	1.29%	2.99%
Return On Investment Capital (ROIC_SIMPLE)	-	3.41%	-	-	-	4.79%	4.17%	-5.82%	3.48%	5.54%	4.21%
Cost of Revenue to Revenue	61.66%	63.21%	59.78%	61.54%	60.06%	58.21%	58.77%	56.77%	58.28%	58.90%	54.49%
SG&A Expenses to Revenue	24.52%	23.76%	23.36%	24.67%	23.01%	24.07%	24.69%	24.06%	23.75%	23.63%	24.81%
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	25.96%	23.76%	23.36%	24.67%	23.01%	24.07%	24.69%	63.76%	23.75%	23.63%	24.81%
Earnings before Interest and Taxes (EBIT)	82	85	114	89	112	122	102	-126	123	112	64
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	98	101	130	105	129	139	119	-109	140	129	69
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.80	11.57	18.44	14.16	15.33	14.96	15.83	53.26	47.93	31.27	35.84
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)	0.80	1.23	1.41	1.21	1.31	1.30	1.33	1.35	1.41	1.34	1.34
Price to Earnings (P/E)	27.63	46.40	18.88	16.71	16.43	14.29	14.70	48.64	69.37	76.26	207.27
Dividend Yield	6.24%	4.14%	3.48%	0.90%	0.86%	0.88%	0.92%	0.95%	0.95%	1.03%	1.10%
Earnings Yield	3.62%	2.16%	5.30%	5.98%	6.09%	7.00%	6.80%	2.06%	1.44%	1.31%	0.48%
Enterprise Value to Invested Capital (EV/IC)	2.08	2.86	3.11	2.83	2.97	3.04	2.95	3.37	3.50	3.40	2.90
Enterprise Value to Revenue (EV/Rev)	1.31	1.73	1.97	1.74	1.85	1.81	1.88	1.89	1.93	1.84	1.85
Enterprise Value to EBITDA (EV/EBITDA)	12.45	16.99	11.54	10.44	10.45	9.41	9.79	17.15	16.85	16.72	18.58
Enterprise Value to EBIT (EV/EBIT)	16.53	22.58	13.50	12.27	12.15	10.83	11.32	22.60	21.96	22.04	25.41
Enterprise Value to NOPAT (EV/NOPAT)	25.89	34.18	19.67	17.42	17.24	15.53	16.26	38.81	58.70	60.36	64.39
Enterprise Value to Operating Cash Flow (EV/OCF)	8.13	9.21	11.38	10.54	12.78	12.55	13.60	13.39	13.59	14.51	13.92
Enterprise Value to Free Cash Flow (EV/FCFF)	9.02	10.25	12.83	11.42	14.63	12.86	14.33	15.16	14.69	17.81	54.69
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	4.66	5.05	7.84	6.74	6.78	6.48	7.16	22.71	19.09	12.44	14.85
Long-Term Debt to Equity	4.63	5.02	7.80	6.71	6.74	6.44	7.12	22.58	18.99	12.36	14.77
Financial Leverage	3.58	3.37	4.18	4.97	5.16	5.19	6.90	9.48	9.13	7.69	9.49
Leverage Ratio	6.60	6.37	7.58	8.85	8.87	9.20	11.44	15.54	14.84	13.01	14.26
Compound Leverage Factor	4.55	4.51	5.89	6.07	6.89	7.35	8.83	18.45	12.12	10.42	14.54
Debt to Total Capital	82.34%	83.47%	88.69%	87.09%	87.14%	86.62%	87.74%	95.78%	95.02%	92.56%	93.69%
Short-Term Debt to Total Capital	0.54%	0.54%	0.46%	0.47%	0.47%	0.48%	0.46%	0.54%	0.55%	0.55%	0.54%
Long-Term Debt to Total Capital	81.80%	82.93%	88.23%	86.62%	86.68%	86.15%	87.28%	95.25%	94.48%	92.00%	93.16%
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	17.66%	16.53%	11.31%	12.91%	12.86%	13.38%	12.26%	4.22%	4.98%	7.44%	6.31%
Debt to EBITDA	5.21	5.29	3.52	3.47	3.28	2.94	3.13	5.24	4.90	4.86	5.57
Net Debt to EBITDA	4.84	4.88	3.25	3.16	3.03	2.63	2.87	4.85	4.55	4.51	5.14
Long-Term Debt to EBITDA	5.17	5.25	3.51	3.45	3.26	2.92	3.11	5.21	4.87	4.83	5.54
Debt to NOPAT	10.84	10.63	6.01	5.79	5.41	4.84	5.20	11.86	17.06	17.53	19.31
Net Debt to NOPAT	10.08	9.81	5.54	5.27	5.00	4.34	4.77	10.99	15.87	16.29	17.80
Long-Term Debt to NOPAT	10.76	10.56	5.98	5.76	5.38	4.81	5.17	11.80	16.97	17.42	19.20
Altman Z-Score	2.30	2.46	2.57	2.39	2.79	2.55	2.49	2.35	3.14	2.78	2.82
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	2.73	2.46	2.78	2.50	2.66	2.51	2.78	2.70	2.66	2.55	2.86
Quick Ratio	1.16	1.05	1.31	1.17	1.22	1.18	1.30	1.12	1.17	1.08	0.72
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	313	375	223	197	130	145	113	103	300	266	76
Operating Cash Flow to CapEx	357.91%	1,078.48%	215.45%	5,401.68%	367.07%	60,560.17%	123.50%	1,469.68%	601.74%	1,396.40%	113.33%
Free Cash Flow to Firm to Interest Expense	11.71	14.81	8.52	6.86	5.09	5.81	4.72	4.25	13.00	11.72	3.60
Operating Cash Flow to Interest Expense	4.60	5.77	1.52	4.25	2.82	5.74	0.69	5.10	3.25	4.72	0.54
Operating Cash Flow Less CapEx to Interest Expense	3.31	5.24	0.82	4.17	2.05	5.73	0.13	4.75	2.71	4.38	0.06
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.03	1.04	1.04	1.05	1.10	1.11	1.07	1.13	1.14	1.16	1.15
Accounts Receivable Turnover	7.97	8.24	7.18	7.66	8.39	9.19	7.84	8.50	8.35	9.34	10.08
Inventory Turnover	2.95	3.07	3.17	3.25	3.44	3.49	3.48	3.36	3.38	3.44	4.80
Fixed Asset Turnover	9.36	0.00	0.00	0.00	9.25	0.00	0.00	0.00	8.66	0.00	0.00
Accounts Payable Turnover	11.15	10.99	10.67	10.38	13.59	10.55	10.73	10.25	11.38	10.49	13.11
Days Sales Outstanding (DSO)	45.81	44.30	50.86	47.62	43.49	39.71	46.58	42.92	43.71	39.06	36.21
Days Inventory Outstanding (DIO)	123.64	118.86	115.18	112.22	106.14	104.56	104.92	108.67	108.14	106.14	76.02
Days Payable Outstanding (DPO)	32.73	33.22	34.21	35.16	26.86	34.60	34.01	35.62	32.06	34.81	27.83
Cash Conversion Cycle (CCC)	136.72	129.93	131.83	124.69	122.77	109.68	117.50	115.97	119.79	110.39	84.40
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,688	1,618	1,667	1,601	1,638	1,554	1,627	1,411	1,390	1,370	1,615
Invested Capital Turnover	1.48	1.51	1.52	1.56	1.58	1.65	1.55	1.67	1.66	1.73	1.56
Increase / (Decrease) in Invested Capital	-254	-316	-141	-137	-50	-63	-40	-191	-248	-185	-13
Enterprise Value (EV)	3,511	4,628	5,190	4,538	4,858	4,731	4,808	4,747	4,859	4,664	4,679
Market Capitalization	2,145	3,299	3,728	3,164	3,448	3,408	3,398	3,403	3,545	3,405	3,385
Book Value per Share	$5.77	$5.84	$3.97	$4.51	$4.57	$4.76	$4.52	$1.36	$1.59	$2.36	$2.03
Tangible Book Value per Share	($11.86)	($13.84)	($14.74)	($14.62)	($14.68)	($14.86)	($15.13)	($13.25)	($13.04)	($12.27)	($9.59)
Total Capital	1,785	1,725	1,788	1,731	1,749	1,703	1,752	1,515	1,486	1,463	1,497
Total Debt	1,470	1,440	1,585	1,507	1,524	1,475	1,537	1,451	1,412	1,354	1,403
Total Long-Term Debt	1,460	1,430	1,577	1,499	1,516	1,467	1,529	1,443	1,404	1,346	1,395
Net Debt	1,367	1,329	1,462	1,374	1,410	1,323	1,409	1,344	1,313	1,259	1,293
Capital Expenditures (CapEx)	34	14	18	2.26	20	0.24	13	8.37	12	7.66	9.99
Debt-free, Cash-free Net Working Capital (DFCFNWC)	528	470	531	454	474	395	470	475	465	444	699
Debt-free Net Working Capital (DFNWC)	631	580	654	588	589	547	598	582	564	540	808
Net Working Capital (NWC)	621	571	645	580	580	539	590	574	556	532	800
Net Nonoperating Expense (NNE)	17	17	18	19	18	11	16	32	8.03	17	44
Net Nonoperating Obligations (NNO)	1,373	1,333	1,465	1,378	1,413	1,327	1,413	1,347	1,316	1,261	1,520
Total Depreciation and Amortization (D&A)	17	16	16	16	17	17	17	17	17	17	4.83
Debt-free, Cash-free Net Working Capital to Revenue	19.67%	17.53%	20.09%	17.44%	18.08%	15.13%	18.42%	18.88%	18.46%	17.52%	27.59%
Debt-free Net Working Capital to Revenue	23.50%	21.66%	24.75%	22.56%	22.44%	20.95%	23.43%	23.14%	22.39%	21.27%	31.92%
Net Working Capital to Revenue	23.14%	21.31%	24.44%	22.25%	22.13%	20.63%	23.11%	22.81%	22.07%	20.95%	31.61%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.79	$0.86	$1.34	$0.87	$1.34	$1.56	$1.24	($2.65)	$0.98	$1.44	$0.86
Adjusted Weighted Average Basic Shares Outstanding	52.11M	48.78M	47.95M	47.03M	47.57M	45.54M	45.66M	45.32M	45.35M	44.66M	44.62M
Adjusted Diluted Earnings per Share	$0.81	$0.82	$1.28	$0.84	$1.29	$1.49	$1.21	($2.65)	$1.04	$1.41	$0.85
Adjusted Weighted Average Diluted Shares Outstanding	54.61M	51.47M	49.93M	48.85M	49.67M	47.54M	46.90M	45.32M	46.69M	45.77M	45.69M
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	52.16M	50.95M	49.55M	49.26M	47.82M	47.53M	47.03M	46.56M	46.23M	46.58M	45.87M
Normalized Net Operating Profit after Tax (NOPAT)	59	59	82	60	80	82	73	82	83	81	63
Normalized NOPAT Margin	9.22%	9.14%	12.21%	9.29%	12.17%	12.89%	11.94%	13.42%	12.58%	12.50%	14.96%
Pre Tax Income Margin	8.79%	9.35%	13.16%	9.42%	13.18%	15.41%	12.85%	-24.31%	15.18%	13.86%	15.40%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.06	3.36	4.36	3.10	4.37	4.90	4.26	-5.21	5.34	4.95	3.02
NOPAT to Interest Expense	2.21	2.32	3.14	2.09	3.13	3.28	3.05	-3.65	2.24	3.58	2.99
EBIT Less CapEx to Interest Expense	1.78	2.83	3.66	3.02	3.60	4.89	3.70	-5.55	4.80	4.62	2.54
NOPAT Less CapEx to Interest Expense	0.93	1.79	2.44	2.02	2.37	3.27	2.49	-4.00	1.70	3.24	2.51
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	172.40%	192.22%	72.24%	18.59%	17.06%	14.62%	16.25%	55.25%	77.66%	93.74%	520.26%
Augmented Payout Ratio	383.66%	519.52%	261.31%	180.77%	164.71%	130.96%	106.63%	384.17%	436.24%	462.18%	2,273.62%

Financials Breakdown Chart

Key Financial Trends

Here are the key near-term trends from Griffon’s quarterly statements (cash flow, income statement, and balance sheet) over the last four years. The bullets are organized to highlight potential positives first, then neutral observations, and finally negatives.

Strong liquidity: current assets about $873M vs. current liabilities around $342M in Q1 2026, implying a solid current ratio and ample short-term cushion.
Robust operating cash flow: Griffon has generated positive net cash from continuing operating activities in most recent quarters, underscoring the ability to fund operations and debt service internally.
Solid free cash flow in several periods: after accounting for capital expenditures, Griffon has produced meaningful cash flow that supports debt reduction and shareholder returns in multiple quarters.
Capital returns to shareholders: Griffon has consistently paid quarterly dividends (roughly $0.18–$0.22 per share) and engaged in substantial share repurchases across several quarters, signaling a focus on returning capital to owners.
Stable revenue base: operating revenue commonly sits in the mid- to upper-$600M range across quarterly results, indicating a durable revenue platform.
Healthy gross margins with generally positive operating income: gross margins have hovered around 40–45%, and operating income was positive in most quarters (with an exception in a quarter affected by a large impairment).
Debt repayment activity visible in multiple quarters: Griffon has pursued debt repayments across several periods, contributing to potential deleveraging over time, even though total long-term debt remains sizable.
Impairment charge in 2025 Q3: a large impairment expense (nearly $243.6M) caused a one-time earnings hit and negative pre-tax income for that quarter, elevating earnings volatility.
High leverage risk: long-term debt typically exceeds a billion dollars, accompanied by meaningful interest expense, which heightens sensitivity to interest rates and earnings volatility.
Earnings volatility: quarterly net income swung from solid profits to losses (notably in 2025 Q3 and others), which can complicate earnings visibility and investor confidence.

05/14/26 09:54 AM ETAI Generated. May Contain Errors.

Griffon Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Griffon's fiscal year ends in September. Their fiscal year 2025 ended on September 30, 2025.

Griffon's net income appears to be on an upward trend, with a most recent value of $51.11 million in 2025, rising from $34.29 million in 2015. The previous period was $209.90 million in 2024. Check out Griffon's forecast to explore projected trends and price targets.

Griffon's total operating income in 2025 was $206.28 million, based on the following breakdown:

Total Gross Profit: $1.06 billion
Total Operating Expenses: $851.73 million

Over the last 10 years, Griffon's total revenue changed from $1.48 billion in 2015 to $2.52 billion in 2025, a change of 69.9%.

Griffon's total liabilities were at $2.00 billion at the end of 2025, a 6.7% decrease from 2024, and a 56.1% increase since 2015.

In the past 10 years, Griffon's cash and equivalents has ranged from $0.00 in 2018 to $248.65 million in 2021, and is currently $99.05 million as of their latest financial filing in 2025.

Over the last 10 years, Griffon's book value per share changed from 8.64 in 2015 to 1.59 in 2025, a change of -81.6%.

Related Companies

Financial statements for NYSE:GFF last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Griffon (GFF) Financials

Financials Breakdown Chart

Key Financial Trends

Griffon Financials - Frequently Asked Questions

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Griffon (GFF) Financials

Annual Income Statements for Griffon

Quarterly Income Statements for Griffon

Annual Cash Flow Statements for Griffon

Quarterly Cash Flow Statements for Griffon

Annual Balance Sheets for Griffon

Quarterly Balance Sheets for Griffon

Annual Metrics And Ratios for Griffon

Quarterly Metrics And Ratios for Griffon

Financials Breakdown Chart

Key Financial Trends

Griffon Financials - Frequently Asked Questions

When does Griffon's financial year end?

How has Griffon's net income changed over the last 10 years?

What is Griffon's operating income?

How has Griffon's revenue changed over the last 10 years?

How much debt does Griffon have?

How much cash does Griffon have?

How has Griffon's book value per share changed over the last 10 years?

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