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
$647.8M
Gross Profit
$249.1M
Operating Profit
$89.3M
Net Profit
$41.1M
Gross Margin
38.5%
Operating Margin
13.8%
Net Margin
6.3%
YoY Growth
-5.2%
EPS
$0.84
GRIFFON CORP Q3 FY2024 Financial Summary
GRIFFON CORP reported revenue of $647.8M (down 5.2% YoY) for Q3 FY2024, with a net profit of $41.1M (down 16.5% YoY) (6.3% margin). Cost of goods sold was $398.7M, operating expenses totaled $159.8M.
Key Financial Metrics
| Total Revenue | $647.8M |
|---|---|
| Net Profit | $41.1M |
| Gross Margin | 38.5% |
| Operating Margin | 13.8% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
GRIFFON CORP Q3 FY2024 revenue of $647.8M breaks down across 9 segments, led by Residential Repairand Remodel at $190.9M (29.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Residential Repairand Remodel | $190.9M | 29.5% |
| Commercial Construction | $170.2M | 26.3% |
| International Excluding North America | $76.8M | 11.9% |
| AU | $52.7M | 8.1% |
| Retail | $50.0M | 7.7% |
| Residential New Construction | $33.1M | 5.1% |
| CA | $27.7M | 4.3% |
| Other | $26.9M | 4.1% |
| Industrial | $19.5M | 3.0% |
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 |