See more : First Republic Bank (FRC) Income Statement Analysis – Financial Results
Complete financial analysis of Griffon Corporation (GFF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Griffon Corporation, a leading company in the Conglomerates industry within the Industrials sector.
You may be interested
- KR1 Plc (KROEF) Income Statement Analysis – Financial Results
- Da-Cin Construction Co.,Ltd. (2535.TW) Income Statement Analysis – Financial Results
- Volution Group plc (FAN.L) Income Statement Analysis – Financial Results
- BlackLine, Inc. (BL) Income Statement Analysis – Financial Results
- Max Healthcare Institute Limited (MAXHEALTH.NS) Income Statement Analysis – Financial Results
Griffon Corporation (GFF)
About Griffon Corporation
Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Its Consumer and Professional Products segment manufactures and markets long-handled tools and landscaping products for homeowners and professionals; wood and wire closet organization, general living storage, and wire garage storage products to home center retail chains, mass merchandisers, and direct-to builder professional installers; wheelbarrows and lawn carts; snow, striking, and hand tools; planters and lawn accessories; garden hoses; and pruners, loppers, shears, and other tools, as well as cleaning products for professional, home, and industrial use. The company's Home & Building Products segment manufactures and markets residential and commercial garage doors for professional dealers and various home center retail chains; and rolling steel door and grille products for commercial, industrial, institutional, and retail uses. It sells its products under the True Temper, AMES, ClosetMaid, Clopay, Ideal, Holmes, CornellCookson, Garant, Harper, UnionTools, Westmix, Cyclone, Southern Patio, Northcote Pottery, Nylex, Hills, Kelkay, Tuscan Path, La Hacienda, Kelso, Dynamic Design, Apta, Quatro Design, Razor-Back, Jackson, Darby, Trojan, Supercraft, NeverLeak, Maximum Load, SuperSlide, ShelfTrack, MasterSuite, Suite Symphony, ExpressShelf, Style+, and SpaceCreations brand names. The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1959 and is headquartered in New York, New York.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.62B | 2.69B | 2.85B | 2.27B | 2.41B | 2.21B | 1.98B | 1.52B | 1.96B | 2.02B | 1.99B | 1.87B | 1.86B | 1.83B | 1.29B | 1.19B | 1.27B | 1.62B | 1.64B | 1.40B | 1.39B | 1.25B | 1.19B | 1.16B | 1.12B | 1.03B | 914.90M | 770.20M | 655.10M | 546.40M | 489.00M | 436.90M | 500.20M | 494.30M | 458.60M | 405.00M | 381.10M | 356.80M | 237.40M | 182.50M |
| Cost of Revenue | 1.60B | 1.65B | 1.91B | 1.63B | 1.77B | 1.61B | 1.45B | 1.12B | 1.48B | 1.54B | 1.53B | 1.45B | 1.44B | 1.44B | 1.01B | 936.93M | 996.31M | 1.26B | 1.23B | 1.03B | 992.65M | 899.26M | 858.08M | 849.44M | 809.70M | 760.50M | 669.00M | 559.60M | 479.10M | 394.00M | 338.30M | 299.20M | 353.10M | 366.00M | 339.50M | 311.40M | 290.00M | 264.20M | 176.60M | 136.70M |
| Gross Profit | 1.02B | 1.03B | 936.89M | 641.11M | 641.43M | 595.27M | 529.56M | 408.12M | 473.43M | 475.78M | 459.40M | 417.59M | 418.81M | 393.46M | 288.30M | 257.12M | 273.00M | 361.43M | 401.75M | 369.63M | 401.16M | 355.39M | 334.52M | 310.69M | 308.69M | 272.20M | 245.90M | 210.60M | 176.00M | 152.40M | 150.70M | 137.70M | 147.10M | 128.30M | 119.10M | 93.60M | 91.10M | 92.60M | 60.80M | 45.80M |
| Gross Profit Ratio | 38.88% | 38.39% | 32.89% | 28.24% | 26.64% | 26.94% | 26.77% | 26.76% | 24.19% | 23.60% | 23.06% | 22.31% | 22.50% | 21.49% | 22.28% | 21.53% | 21.51% | 22.36% | 24.55% | 26.36% | 28.78% | 28.33% | 28.05% | 26.78% | 27.60% | 26.36% | 26.88% | 27.34% | 26.87% | 27.89% | 30.82% | 31.52% | 29.41% | 25.96% | 25.97% | 23.11% | 23.90% | 25.95% | 25.61% | 25.10% |
| Research & Development | 0.00 | 18.00M | 16.00M | 7.00M | 8.00M | 15.40M | 15.40M | 17.70M | 18.00M | 15.80M | 23.40M | 22.40M | 23.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 547.43M | 517.93M | 393.43M | 413.90M | 388.50M | 370.41M | 284.59M | 310.43M | 318.66M | 351.10M | 277.87M | 279.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 95.30M | 91.00M | 77.10M | 72.50M | 71.50M | 62.70M | 54.50M | 53.60M | 56.10M | 24.00M | 62.60M | 62.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 621.64M | 642.73M | 608.93M | 470.53M | 486.40M | 460.00M | 433.11M | 339.09M | 364.03M | 374.76M | 375.10M | 340.47M | 341.70M | 330.37M | 261.40M | 230.74M | 246.24M | 322.65M | 316.70M | 289.53M | 289.98M | 268.99M | 260.01M | 239.28M | 230.06M | 207.50M | 180.20M | 144.70M | 118.10M | 104.10M | 94.50M | 84.00M | 88.80M | 78.30M | 76.50M | 60.70M | 66.90M | 68.20M | 43.90M | 32.10M |
| Other Expenses | 0.00 | 109.20M | 6.88M | 3.33M | 1.45M | 4.17M | 1.23M | -880.00K | 768.00K | 491.00K | 3.15M | 2.65M | 4.69M | 7.54M | 4.18M | 1.24M | 12.91M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.00M | 0.00 | 23.70M | 23.00M | 16.30M | 11.50M | 10.30M | 8.70M | 9.80M | 9.50M | 11.10M | 11.20M | 9.80M | 8.50M | 7.80M | 7.40M | 5.50M | 4.00M |
| Operating Expenses | 621.64M | 751.93M | 608.93M | 470.53M | 486.40M | 460.00M | 433.11M | 339.09M | 364.03M | 374.76M | 375.10M | 340.47M | 341.70M | 330.37M | 261.40M | 230.74M | 259.16M | 322.65M | 316.70M | 289.53M | 289.98M | 268.99M | 267.01M | 239.28M | 253.76M | 230.50M | 196.50M | 156.20M | 128.40M | 112.80M | 104.30M | 93.50M | 99.90M | 89.50M | 86.30M | 69.20M | 74.70M | 75.60M | 49.40M | 36.10M |
| Cost & Expenses | 2.23B | 2.49B | 2.52B | 2.10B | 2.25B | 2.07B | 1.88B | 1.46B | 1.85B | 1.92B | 1.91B | 1.79B | 1.78B | 1.77B | 1.27B | 1.17B | 1.26B | 1.58B | 1.55B | 1.32B | 1.28B | 1.17B | 1.13B | 1.09B | 1.06B | 991.00M | 865.50M | 715.80M | 607.50M | 506.80M | 442.60M | 392.70M | 453.00M | 455.50M | 425.80M | 380.60M | 364.70M | 339.80M | 226.00M | 172.80M |
| Interest Income | 2.43M | 2.09M | 215.00K | 440.00K | 753.00K | 806.00K | 1.70M | 64.00K | 143.00K | 301.00K | 303.00K | 353.00K | 292.00K | 398.00K | 409.00K | 1.54M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 104.09M | 101.45M | 84.38M | 63.18M | 66.54M | 68.07M | 65.57M | 51.51M | 51.25M | 48.17M | 48.45M | 52.52M | 52.01M | 47.85M | 12.32M | 13.09M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 60.70M | 65.45M | 64.66M | 52.30M | 52.10M | 61.85M | 55.80M | 47.88M | 46.34M | 69.80M | 67.40M | 70.75M | 72.29M | 67.45M | 45.50M | 47.56M | 43.74M | 42.01M | 35.10M | 32.61M | 28.33M | 26.18M | 22.64M | 24.20M | 23.70M | 23.00M | 16.30M | 11.50M | 10.30M | 8.70M | 9.80M | 9.50M | 11.10M | 11.20M | 9.80M | 8.50M | 7.80M | 7.40M | 5.50M | 4.00M |
| EBITDA | 461.44M | 463.13M | -121.84M | 245.21M | 208.10M | 202.09M | 155.18M | 116.09M | 128.50M | 171.61M | 154.86M | 150.01M | 140.21M | 94.21M | 66.58M | 80.25M | 59.65M | 86.15M | 120.16M | 112.71M | 139.51M | 112.59M | 90.15M | 95.62M | 78.63M | 64.70M | 65.70M | 65.90M | 57.90M | 48.30M | 56.20M | 53.70M | 58.30M | 50.00M | 42.60M | 32.90M | 24.20M | 24.40M | 16.90M | 13.70M |
| EBITDA Ratio | 17.59% | 17.25% | 14.03% | 9.98% | 9.12% | 9.15% | 7.85% | 7.61% | 9.22% | 8.51% | 7.79% | 8.06% | 8.04% | 7.15% | 5.63% | 6.32% | 5.55% | 4.81% | 7.20% | 7.68% | 9.97% | 8.91% | 8.10% | 8.29% | 7.10% | 6.52% | 7.07% | 8.28% | 8.56% | 8.55% | 11.04% | 11.86% | 11.30% | 9.77% | 9.16% | 8.20% | 6.30% | 6.61% | 7.08% | 4.16% |
| Operating Income | 398.30M | 196.89M | 335.06M | 170.58M | 155.03M | 135.27M | 96.45M | 69.03M | 103.51M | 101.02M | 78.16M | 63.85M | 72.42M | 55.55M | 22.72M | 25.15M | 11.23M | 38.78M | 85.06M | 80.10M | 111.18M | 86.40M | 67.52M | 71.41M | 54.92M | 41.70M | 49.40M | 54.40M | 47.60M | 39.60M | 46.40M | 44.20M | 47.20M | 38.80M | 32.80M | 24.40M | 16.40M | 17.00M | 11.40M | 9.70M |
| Operating Income Ratio | 15.18% | 7.33% | 11.76% | 7.51% | 6.44% | 6.12% | 4.88% | 4.53% | 5.29% | 5.01% | 3.92% | 3.41% | 3.89% | 3.03% | 1.76% | 2.11% | 0.88% | 2.40% | 5.20% | 5.71% | 7.98% | 6.89% | 5.66% | 6.16% | 4.91% | 4.04% | 5.40% | 7.06% | 7.27% | 7.25% | 9.49% | 10.12% | 9.44% | 7.85% | 7.15% | 6.02% | 4.30% | 4.76% | 4.80% | 5.32% |
| Total Other Income/Expenses | -101.65M | -84.21M | -81.81M | -60.63M | -56.78M | -63.09M | -58.99M | -50.34M | -50.13M | -47.38M | -83.88M | -49.52M | -50.48M | -69.90M | -8.91M | -5.54M | -6.85M | -17.02M | -6.36M | -1.16M | -6.43M | -3.34M | -10.96M | -9.69M | -12.66M | -9.60M | -2.90M | -1.30M | -1.60M | -600.00K | 400.00K | 100.00K | -5.90M | -11.90M | -14.30M | -15.00M | -4.50M | -3.90M | -2.50M | -200.00K |
| Income Before Tax | 296.65M | 112.68M | -270.88M | 111.18M | 82.76M | 72.18M | 33.81M | 16.70M | 53.16M | 53.64M | -5.72M | 14.33M | 21.94M | -14.35M | 13.81M | 19.61M | 4.38M | 31.63M | 78.70M | 78.95M | 104.75M | 83.07M | 56.56M | 61.73M | 42.26M | 32.10M | 46.50M | 53.10M | 46.00M | 39.00M | 46.80M | 44.30M | 41.30M | 26.90M | 18.50M | 9.40M | 11.90M | 13.10M | 8.90M | 9.50M |
| Income Before Tax Ratio | 11.31% | 4.20% | -9.51% | 4.90% | 3.44% | 3.27% | 1.71% | 1.09% | 2.72% | 2.66% | -0.29% | 0.77% | 1.18% | -0.78% | 1.07% | 1.64% | 0.35% | 1.96% | 4.81% | 5.63% | 7.52% | 6.62% | 4.74% | 5.32% | 3.78% | 3.11% | 5.08% | 6.89% | 7.02% | 7.14% | 9.57% | 10.14% | 8.26% | 5.44% | 4.03% | 2.32% | 3.12% | 3.67% | 3.75% | 5.21% |
| Income Tax Expense | 86.75M | 35.07M | 16.84M | 39.94M | 29.33M | 26.56M | 555.00K | -1.09M | 23.15M | 19.35M | -5.54M | 7.54M | 4.93M | -6.92M | 4.31M | 1.69M | 4.29M | 9.55M | 26.91M | 25.72M | 38.76M | 29.88M | 22.51M | 25.31M | 17.38M | 11.90M | 17.20M | 19.90M | 17.90M | 15.20M | 17.10M | 17.70M | 17.20M | 11.50M | 9.00M | 4.60M | 5.80M | 6.30M | 4.40M | 4.90M |
| Net Income | 209.90M | 77.62M | -287.72M | 79.21M | 53.43M | 37.29M | 125.68M | 14.91M | 30.01M | 34.29M | -177.00K | 3.77M | 17.01M | -7.43M | 9.59M | 18.71M | -40.50M | 22.08M | 51.79M | 48.81M | 53.86M | 43.02M | 9.94M | 30.59M | 19.59M | 20.20M | 29.30M | 33.20M | 22.90M | 23.80M | 29.70M | 18.10M | 24.00M | 15.40M | 9.50M | -14.90M | 5.10M | 5.60M | 4.50M | 4.60M |
| Net Income Ratio | 8.00% | 2.89% | -10.10% | 3.49% | 2.22% | 1.69% | 6.35% | 0.98% | 1.53% | 1.70% | -0.01% | 0.20% | 0.91% | -0.41% | 0.74% | 1.57% | -3.19% | 1.37% | 3.16% | 3.48% | 3.86% | 3.43% | 0.83% | 2.64% | 1.75% | 1.96% | 3.20% | 4.31% | 3.50% | 4.36% | 6.07% | 4.14% | 4.80% | 3.12% | 2.07% | -3.68% | 1.34% | 1.57% | 1.90% | 2.52% |
| EPS | 4.41 | 1.49 | -5.57 | 1.45 | 0.51 | 0.91 | 3.06 | 0.36 | 0.73 | 0.77 | 0.00 | 0.07 | 0.30 | -0.13 | 0.16 | 0.32 | -1.24 | 0.68 | 1.60 | 1.64 | 1.81 | 1.33 | 0.30 | 0.93 | 0.54 | 0.61 | 0.87 | 0.93 | 0.65 | 0.65 | 0.73 | 0.40 | 0.55 | 0.42 | 0.26 | -0.40 | 0.13 | 0.16 | 0.12 | 0.14 |
| EPS Diluted | 4.23 | 1.42 | -5.57 | 1.39 | 0.48 | 0.87 | 2.96 | 0.35 | 0.68 | 0.73 | 0.00 | 0.07 | 0.30 | -0.13 | 0.16 | 0.32 | -1.23 | 0.66 | 1.53 | 1.55 | 1.71 | 1.28 | 0.28 | 0.92 | 0.54 | 0.60 | 0.85 | 0.88 | 0.59 | 0.58 | 0.66 | 0.40 | 0.55 | 0.42 | 0.26 | -0.40 | 0.13 | 0.16 | 0.12 | 0.14 |
| Weighted Avg Shares Out | 47.57M | 52.11M | 51.67M | 50.83M | 42.59M | 40.93M | 41.01M | 41.01M | 41.07M | 44.61M | 49.37M | 54.43M | 55.91M | 58.92M | 58.97M | 58.70M | 32.67M | 32.41M | 32.39M | 29.76M | 29.76M | 32.35M | 33.12M | 32.90M | 36.52M | 33.16M | 33.57M | 35.87M | 34.99M | 36.87M | 40.84M | 45.63M | 44.00M | 36.54M | 35.93M | 36.98M | 38.72M | 34.79M | 38.90M | 32.74M |
| Weighted Avg Shares Out (Dil) | 49.67M | 54.61M | 51.67M | 53.37M | 45.02M | 42.89M | 42.42M | 43.01M | 44.11M | 46.94M | 49.37M | 56.56M | 57.33M | 58.92M | 59.99M | 59.00M | 32.84M | 33.36M | 33.75M | 31.49M | 31.50M | 33.61M | 35.49M | 33.25M | 36.52M | 33.67M | 34.29M | 37.90M | 38.94M | 41.20M | 45.32M | 45.63M | 44.00M | 36.54M | 35.93M | 36.98M | 38.72M | 34.79M | 38.90M | 32.74M |
13 Upcoming Dividend Increases Including 2 Kings
This week's dividend increases feature two dividend kings, Stepan and Tennant, with average increases of 7.4% and a median of 5.4%. Thirteen companies are increasing their dividends this week, with an average increase of 7.4% and a median of 5.4%....
The Zacks Analyst Blog Snap-on, Griffon, Churchill Downs and Roper Technologies
Snap-on, Griffon, Churchill Downs and Roper Technologies are included in this Analyst Blog.
Griffon Corporation (GFF) Q4 2024 Earnings Call Transcript
Griffon Corporation (NYSE:GFF ) Q4 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Brian Harris - Chief Financial Officer Ron Kramer - Chairman & Chief Executive Officer Conference Call Participants Lee Jagoda - CJS Securities Sam...
Griffon (GFF) Q4 Earnings and Revenues Top Estimates
Griffon (GFF) came out with quarterly earnings of $1.47 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.19 per share a year ago.
Griffon Corporation Announces Annual and Fourth Quarter Results
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal year and fourth quarter ended September 30, 2024. Revenue for fiscal 2024 totaled $2.6 billion, a 2% decrease compared to the $2.7 billion in the...
Griffon Announces New $400 Million Share Buyback Authorization
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) has authorized the repurchase of an additional $400 million worth of shares of Griffon common stock. Since April 2023 and through November 12, 2024, under previous...
Griffon Corporation Declares Quarterly Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Griffon Corporation (NYSE: GFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on December 18, 2024 to shareholders of record as of...
Griffon Corporation Schedules Conference Call To Discuss Fourth Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE: GFF) today announced it will release the Company's fiscal fourth quarter results on Wednesday, November 13, 2024, followed by a conference call at 8:30 AM ET. The call can be accessed...
Griffon (GFF) Exceeds Market Returns: Some Facts to Consider
The latest trading day saw Griffon (GFF) settling at $64.36, representing a +1.42% change from its previous close.
Griffon: Market Share Growth And Better Margins To Be Key Drivers
Griffon's topline continues to decline due to weak commercial demand, but residential demand and the Pope acquisition should drive growth in FY25. The company's margins are improving thanks to global sourcing initiatives and productivity improvements, despite lower volumes in some...
Source: https://incomestatements.info
Category: Stock Reports