GFFNYSEMetal Doors, Sash, Frames, Moldings & TrimFiscal year ends September 30
GRIFFON CORP
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$92.66−0.19 (-0.20%)
Close on Oct 19, 2026
- Market cap
- $4.18B
- P/E (TTM)
- 23.6
- Dividend yield
- 0.78%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
42.0%+13.7 pts over 5 years
Operating margin
8.2%+1.4 pts over 5 years
Net margin
2.0%−0.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -3.9% | -4.0% | +4.0% | +5.4% | |
| Gross profit | +3.7% | +4.1% | +12.6% | +10.4% | |
| Operating income | -48.2% | – | +8.1% | +11.9% | |
| Net income | -75.6% | – | -0.9% | +4.1% | |
| EPS, diluted | -74.2% | – | -1.7% | +4.1% | |
| Free cash flow | -2.1% | +163.1% | +35.9% | – | |
| Dividend per share | +20.0% | +26.0% | +19.1% | +16.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 7.1% | 9.1% | 34.2% | |
| Return on assets | 1.7% | 2.4% | 2.3% | |
| Current ratio | 2.45 | 2.50 | 2.79 | |
| Debt to equity | 2.22 | 1.50 | 19.09 | |
| Net debt to EBITDA | 6.51× | 4.33× | 5.34× | |
| Interest coverage | 1.6× | 2.1× | 2.1× | |
| Inventory turnover | 3.7× | 3.9× | 4.9× | |
| Capex to revenue | 4.0% | 2.0% | 2.1% | |
| Diluted shares | 44M | 45M | 47M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Griffon generated $1.30B from operations and spent $1.29B on capital expenditure, dividends and share buybacks. 20% of that went back into the business.
Generated
$1.30B
Used
$1.29B
Capital expenditure$263.88M20%Dividends$353.13M27%Share buybacks$671.40M52%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.0%
×Asset turnover1.13×
×Equity multiplier14.88×
=Return on equity, FY202534.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.0% | 1.13× | 14.88× | 34.2% |
| FY2024 | 8.0% | 1.10× | 8.87× | 77.7% |
| FY2023 | 2.9% | 1.03× | 6.60× | 19.6% |
| FY2022 | -6.7% | 1.05× | 4.22× | -29.8% |
| FY2021 | 3.5% | 0.90× | 3.35× | 10.5% |
| FY2020 | 2.6% | 0.91× | 3.84× | 9.1% |
| FY2019 | 2.0% | 0.90× | 4.37× | 7.8% |
| FY2018 | 6.4% | 1.00× | 4.53× | 28.8% |
| FY2017 | 1.0% | 0.83× | 4.51× | 3.7% |
| FY2016 | 2.0% | 0.85× | 4.15× | 7.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$51.11M
- Cash generatingOperating cash flow above zero$357.44M
- Return on assets improvedROA up on the prior year8.7% → 2.2%
- Earnings backed by cashOperating cash flow above net income$357.44M vs $51.11M
- Less leverageLong-term debt to assets fell63.9% → 67.6%
- Better liquidityCurrent ratio rose2.66 → 2.79
- No dilutionShare count did not rise50M → 47M
- Gross margin improvedGross margin up on the prior year38.88% → 41.99%
- More efficientAsset turnover rose1.08 → 1.06