GRIFFON CORPGFFEarnings & Financial Report
Griffon Corporation is a multinational conglomerate headquartered in New York City. It operates as a diversified management and holding company. The company has four subsidiaries: Ames True Temper, ClosetMaid, Clopay Building Products, and CornellCookson. Griffon has been publicly traded since 1961 and is listed on the New York Stock Exchange as a component stock of the S&P SmallCap 600, S&P Composite 1500, and Russell 2000 indices.
Revenue
$672.9M
Gross Profit
$270.7M
Operating Profit
$113.4M
Net Profit
$64.1M
Gross Margin
40.2%
Operating Margin
16.9%
Net Margin
9.5%
YoY Growth
-5.4%
EPS
$1.28
GRIFFON CORP Q2 FY2024 Financial Summary
GRIFFON CORP reported revenue of $672.9M (down 5.4% YoY) for Q2 FY2024, with a net profit of $64.1M (up 203.0% YoY) (9.5% margin). Cost of goods sold was $402.2M, operating expenses totaled $157.2M.
Key Financial Metrics
| Total Revenue | $672.9M |
|---|---|
| Net Profit | $64.1M |
| Gross Margin | 40.2% |
| Operating Margin | 16.9% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
GRIFFON CORP Q2 FY2024 revenue of $672.9M breaks down across 9 segments, led by Residential Repairand Remodel at $188.5M (28.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Residential Repairand Remodel | $188.5M | 28.0% |
| Commercial Construction | $170.7M | 25.4% |
| International Excluding North America | $80.2M | 11.9% |
| Retail | $73.5M | 10.9% |
| AU | $57.0M | 8.5% |
| Residential New Construction | $32.8M | 4.9% |
| CA | $30.8M | 4.6% |
| Other | $22.9M | 3.4% |
| Industrial | $16.4M | 2.4% |
GRIFFON CORP Revenue by Segment — Quarterly Trend
GRIFFON CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Residential Repairand Remodel and Commercial Construction) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Residential Repairand Remodel | $202.1M | $209.6M | $192.9M | $174.3M |
| International Excluding North America | $97.8M | $95.3M | $79.0M | $82.6M |
| Retail | $47.3M | $38.9M | $32.2M | $52.5M |
GRIFFON CORP Annual Revenue by Year
GRIFFON CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.5B |
| 2024 | $2.6B |
| 2023 | $2.7B |
| 2022 | $2.8B |
GRIFFON CORP Quarterly Revenue & Net Profit History
GRIFFON CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $649.1M | +2.6% | $64.4M | 9.9% |
| Q4 FY2025 | $662.2M | +0.4% | $43.6M | 6.6% |
| Q3 FY2025 | $613.6M | -5.3% | $-120.1M | -19.6% |
| Q2 FY2025 | $611.7M | -9.1% | $56.8M | 9.3% |
| Q1 FY2025 | $632.4M | -1.7% | $70.9M | 11.2% |
| Q4 FY2024 | $659.7M | +2.9% | $62.5M | 9.5% |
| Q3 FY2024 | $647.8M | -5.2% | $41.1M | 6.3% |
| Q2 FY2024 | $672.9M | -5.4% | $64.1M | 9.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $672.9M | $647.8M | $659.7M | $632.4M | $611.7M | $613.6M | $662.2M | $649.1M |
| YoY Growth | -5.4% | -5.2% | 2.9% | -1.7% | -9.1% | -5.3% | 0.4% | 2.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.42B | $2.38B | $2.37B | $2.33B | $2.34B | $2.09B | $2.06B | $2.05B |
| Liabilities | $2.22B | $2.16B | $2.15B | $2.10B | $2.13B | $2.02B | $1.99B | $1.95B |
| Equity | $202.2M | $223.5M | $224.9M | $227.8M | $214.7M | $63.9M | $74.0M | $108.9M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $39.8M | $122.1M | $72.1M | $142.9M | $16.5M | $123.1M | $75.0M | $107.0M |