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Side-by-side financial comparison of BXP, Inc. (BXP) and GRIFFON CORP (GFF). Click either name above to swap in a different company.
BXP, Inc. is the larger business by last-quarter revenue ($872.1M vs $649.1M, roughly 1.3× GRIFFON CORP). BXP, Inc. runs the higher net margin — 15.3% vs 9.9%, a 5.3% gap on every dollar of revenue. On growth, GRIFFON CORP posted the faster year-over-year revenue change (2.6% vs 0.8%). Over the past eight quarters, BXP, Inc.'s revenue compounded faster (1.3% CAGR vs -1.8%).
BXP Inc., operating as Boston Properties, is a leading U.S. real estate investment trust focused on owning, managing and developing high-quality Class A commercial office properties across major U.S. metro markets, serving diverse corporate, tech and professional service tenants.
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.
BXP vs GFF — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $872.1M | $649.1M |
| Net Profit | $133.0M | $64.4M |
| Gross Margin | — | 41.1% |
| Operating Margin | — | 17.5% |
| Net Margin | 15.3% | 9.9% |
| Revenue YoY | 0.8% | 2.6% |
| Net Profit YoY | 53.0% | -9.1% |
| EPS (diluted) | $1.69 | $1.41 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $649.1M | ||
| Q3 25 | $871.5M | $662.2M | ||
| Q2 25 | $868.5M | $613.6M | ||
| Q1 25 | $865.2M | $611.7M | ||
| Q4 24 | $858.6M | $632.4M | ||
| Q3 24 | $859.2M | $659.7M | ||
| Q2 24 | $850.5M | $647.8M |
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $64.4M | ||
| Q3 25 | $-121.7M | $43.6M | ||
| Q2 25 | $89.0M | $-120.1M | ||
| Q1 25 | $61.2M | $56.8M | ||
| Q4 24 | $-228.9M | $70.9M | ||
| Q3 24 | $83.6M | $62.5M | ||
| Q2 24 | $79.6M | $41.1M |
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 41.1% | ||
| Q3 25 | 59.3% | 41.7% | ||
| Q2 25 | 59.2% | 43.2% | ||
| Q1 25 | 59.2% | 41.2% | ||
| Q4 24 | 59.7% | 41.8% | ||
| Q3 24 | 59.5% | 39.9% | ||
| Q2 24 | 59.8% | 38.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 17.5% | ||
| Q3 25 | — | 18.0% | ||
| Q2 25 | — | -20.5% | ||
| Q1 25 | — | 16.5% | ||
| Q4 24 | — | 17.7% | ||
| Q3 24 | — | 16.9% | ||
| Q2 24 | — | 13.8% |
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 9.9% | ||
| Q3 25 | -14.0% | 6.6% | ||
| Q2 25 | 10.2% | -19.6% | ||
| Q1 25 | 7.1% | 9.3% | ||
| Q4 24 | -26.7% | 11.2% | ||
| Q3 24 | 9.7% | 9.5% | ||
| Q2 24 | 9.4% | 6.3% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $1.41 | ||
| Q3 25 | $-0.77 | $1.04 | ||
| Q2 25 | $0.56 | $-2.65 | ||
| Q1 25 | $0.39 | $1.21 | ||
| Q4 24 | $-1.46 | $1.49 | ||
| Q3 24 | $0.53 | $1.29 | ||
| Q2 24 | $0.51 | $0.84 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $512.8M | $95.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $7.7B | $108.9M |
| Total Assets | $25.1B | $2.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $95.3M | ||
| Q3 25 | $861.1M | $99.0M | ||
| Q2 25 | $447.0M | $107.3M | ||
| Q1 25 | $398.1M | $127.8M | ||
| Q4 24 | $1.3B | $152.0M | ||
| Q3 24 | $1.4B | $114.4M | ||
| Q2 24 | $685.4M | $133.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.5B |
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $108.9M | ||
| Q3 25 | $5.0B | $74.0M | ||
| Q2 25 | $5.3B | $63.9M | ||
| Q1 25 | $5.3B | $214.7M | ||
| Q4 24 | $5.4B | $227.8M | ||
| Q3 24 | $5.8B | $224.9M | ||
| Q2 24 | $5.8B | $223.5M |
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $2.1B | ||
| Q3 25 | $26.0B | $2.1B | ||
| Q2 25 | $25.6B | $2.1B | ||
| Q1 25 | $25.4B | $2.3B | ||
| Q4 24 | $26.1B | $2.3B | ||
| Q3 24 | $26.4B | $2.4B | ||
| Q2 24 | $25.5B | $2.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 22.71× | ||
| Q1 25 | — | 7.16× | ||
| Q4 24 | — | 6.48× | ||
| Q3 24 | — | 6.78× | ||
| Q2 24 | — | 6.74× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $107.0M |
| Free Cash FlowOCF − Capex | — | $99.3M |
| FCF MarginFCF / Revenue | — | 15.3% |
| Capex IntensityCapex / Revenue | 1.5% | 1.2% |
| Cash ConversionOCF / Net Profit | — | 1.66× |
| TTM Free Cash FlowTrailing 4 quarters | — | $278.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $107.0M | ||
| Q3 25 | $274.2M | $75.0M | ||
| Q2 25 | $353.1M | $123.1M | ||
| Q1 25 | $210.0M | $16.5M | ||
| Q4 24 | $383.7M | $142.9M | ||
| Q3 24 | $286.1M | $72.1M | ||
| Q2 24 | $367.1M | $122.1M |
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $99.3M | ||
| Q3 25 | $231.6M | $62.4M | ||
| Q2 25 | $281.5M | $114.4M | ||
| Q1 25 | $152.6M | $2.8M | ||
| Q4 24 | $312.5M | $125.5M | ||
| Q3 24 | $234.5M | $51.6M | ||
| Q2 24 | $332.4M | $107.5M |
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 15.3% | ||
| Q3 25 | 26.6% | 9.4% | ||
| Q2 25 | 32.4% | 18.6% | ||
| Q1 25 | 17.6% | 0.5% | ||
| Q4 24 | 36.4% | 19.8% | ||
| Q3 24 | 27.3% | 7.8% | ||
| Q2 24 | 39.1% | 16.6% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.2% | ||
| Q3 25 | 4.9% | 1.9% | ||
| Q2 25 | 8.2% | 1.4% | ||
| Q1 25 | 6.6% | 2.2% | ||
| Q4 24 | 8.3% | 2.8% | ||
| Q3 24 | 6.0% | 3.1% | ||
| Q2 24 | 4.1% | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 1.66× | ||
| Q3 25 | — | 1.72× | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | 0.29× | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | 3.42× | 1.15× | ||
| Q2 24 | 4.61× | 2.97× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BXP
| Lease | $818.2M | 94% |
| Parking and other | $30.8M | 4% |
| Development and management services | $9.2M | 1% |
GFF
| Consumer And Professional Products | $241.1M | 37% |
| Residential Repairand Remodel | $202.1M | 31% |
| International Excluding North America | $97.8M | 15% |
| Retail | $47.3M | 7% |
| Residential New Construction | $32.5M | 5% |
| Other | $14.2M | 2% |
| Industrial | $14.1M | 2% |
