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Side-by-side financial comparison of FULLER H B CO (FUL) and GRIFFON CORP (GFF). Click either name above to swap in a different company.

FULLER H B CO is the larger business by last-quarter revenue ($892.0M vs $649.1M, roughly 1.4× GRIFFON CORP). GRIFFON CORP runs the higher net margin — 9.9% vs 7.5%, a 2.4% gap on every dollar of revenue. On growth, GRIFFON CORP posted the faster year-over-year revenue change (2.6% vs -2.8%). GRIFFON CORP produced more free cash flow last quarter ($99.3M vs $68.9M). Over the past eight quarters, FULLER H B CO's revenue compounded faster (5.0% CAGR vs -1.8%).

H.B. Fuller Company is an American multinational adhesives manufacturing company headquartered in St. Paul, Minnesota. H.B. Fuller manufactures more than 20,000 products for a variety of applications, including those used in construction, engineering, electronics, hygiene products, and food packaging. Its products are made at 81 manufacturing facilities in 26 countries. As of 2024, it was the fourth-largest manufacturer of adhesives and sealants in the world, employed approximately 7,500 peop...

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.

FUL vs GFF — Head-to-Head

Bigger by revenue
FUL
FUL
1.4× larger
FUL
$892.0M
$649.1M
GFF
Growing faster (revenue YoY)
GFF
GFF
+5.5% gap
GFF
2.6%
-2.8%
FUL
Higher net margin
GFF
GFF
2.4% more per $
GFF
9.9%
7.5%
FUL
More free cash flow
GFF
GFF
$30.4M more FCF
GFF
$99.3M
$68.9M
FUL
Faster 2-yr revenue CAGR
FUL
FUL
Annualised
FUL
5.0%
-1.8%
GFF

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
FUL
FUL
GFF
GFF
Revenue
$892.0M
$649.1M
Net Profit
$67.2M
$64.4M
Gross Margin
32.0%
41.1%
Operating Margin
12.3%
17.5%
Net Margin
7.5%
9.9%
Revenue YoY
-2.8%
2.6%
Net Profit YoY
21.3%
-9.1%
EPS (diluted)
$1.22
$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.

Revenue
FUL
FUL
GFF
GFF
Q4 25
$649.1M
Q3 25
$892.0M
$662.2M
Q2 25
$898.1M
$613.6M
Q1 25
$611.7M
Q4 24
$632.4M
Q3 24
$917.9M
$659.7M
Q2 24
$647.8M
Q1 24
$810.4M
$672.9M
Net Profit
FUL
FUL
GFF
GFF
Q4 25
$64.4M
Q3 25
$67.2M
$43.6M
Q2 25
$41.8M
$-120.1M
Q1 25
$56.8M
Q4 24
$70.9M
Q3 24
$55.4M
$62.5M
Q2 24
$41.1M
Q1 24
$31.0M
$64.1M
Gross Margin
FUL
FUL
GFF
GFF
Q4 25
41.1%
Q3 25
32.0%
41.7%
Q2 25
31.9%
43.2%
Q1 25
41.2%
Q4 24
41.8%
Q3 24
30.0%
39.9%
Q2 24
38.5%
Q1 24
29.5%
40.2%
Operating Margin
FUL
FUL
GFF
GFF
Q4 25
17.5%
Q3 25
12.3%
18.0%
Q2 25
11.1%
-20.5%
Q1 25
16.5%
Q4 24
17.7%
Q3 24
11.4%
16.9%
Q2 24
13.8%
Q1 24
8.3%
16.9%
Net Margin
FUL
FUL
GFF
GFF
Q4 25
9.9%
Q3 25
7.5%
6.6%
Q2 25
4.7%
-19.6%
Q1 25
9.3%
Q4 24
11.2%
Q3 24
6.0%
9.5%
Q2 24
6.3%
Q1 24
3.8%
9.5%
EPS (diluted)
FUL
FUL
GFF
GFF
Q4 25
$1.41
Q3 25
$1.22
$1.04
Q2 25
$0.76
$-2.65
Q1 25
$1.21
Q4 24
$1.49
Q3 24
$0.98
$1.29
Q2 24
$0.84
Q1 24
$0.55
$1.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FUL
FUL
GFF
GFF
Cash + ST InvestmentsLiquidity on hand
$122.5M
$95.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$108.9M
Total Assets
$5.2B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FUL
FUL
GFF
GFF
Q4 25
$95.3M
Q3 25
$122.5M
$99.0M
Q2 25
$96.8M
$107.3M
Q1 25
$127.8M
Q4 24
$152.0M
Q3 24
$131.4M
$114.4M
Q2 24
$133.5M
Q1 24
$165.2M
$123.0M
Total Debt
FUL
FUL
GFF
GFF
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 24
$1.6B
Stockholders' Equity
FUL
FUL
GFF
GFF
Q4 25
$108.9M
Q3 25
$2.0B
$74.0M
Q2 25
$1.9B
$63.9M
Q1 25
$214.7M
Q4 24
$227.8M
Q3 24
$1.8B
$224.9M
Q2 24
$223.5M
Q1 24
$1.8B
$202.2M
Total Assets
FUL
FUL
GFF
GFF
Q4 25
$2.1B
Q3 25
$5.2B
$2.1B
Q2 25
$5.1B
$2.1B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$5.0B
$2.4B
Q2 24
$2.4B
Q1 24
$4.7B
$2.4B
Debt / Equity
FUL
FUL
GFF
GFF
Q4 25
Q3 25
Q2 25
22.71×
Q1 25
7.16×
Q4 24
6.48×
Q3 24
6.78×
Q2 24
6.74×
Q1 24
7.84×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FUL
FUL
GFF
GFF
Operating Cash FlowLast quarter
$99.0M
$107.0M
Free Cash FlowOCF − Capex
$68.9M
$99.3M
FCF MarginFCF / Revenue
7.7%
15.3%
Capex IntensityCapex / Revenue
3.4%
1.2%
Cash ConversionOCF / Net Profit
1.47×
1.66×
TTM Free Cash FlowTrailing 4 quarters
$278.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FUL
FUL
GFF
GFF
Q4 25
$107.0M
Q3 25
$99.0M
$75.0M
Q2 25
$123.1M
Q1 25
$16.5M
Q4 24
$142.9M
Q3 24
$169.4M
$72.1M
Q2 24
$122.1M
Q1 24
$47.4M
$39.8M
Free Cash Flow
FUL
FUL
GFF
GFF
Q4 25
$99.3M
Q3 25
$68.9M
$62.4M
Q2 25
$114.4M
Q1 25
$2.8M
Q4 24
$125.5M
Q3 24
$99.9M
$51.6M
Q2 24
$107.5M
Q1 24
$4.1M
$20.8M
FCF Margin
FUL
FUL
GFF
GFF
Q4 25
15.3%
Q3 25
7.7%
9.4%
Q2 25
18.6%
Q1 25
0.5%
Q4 24
19.8%
Q3 24
10.9%
7.8%
Q2 24
16.6%
Q1 24
0.5%
3.1%
Capex Intensity
FUL
FUL
GFF
GFF
Q4 25
1.2%
Q3 25
3.4%
1.9%
Q2 25
1.4%
Q1 25
2.2%
Q4 24
2.8%
Q3 24
7.6%
3.1%
Q2 24
2.2%
Q1 24
5.3%
2.8%
Cash Conversion
FUL
FUL
GFF
GFF
Q4 25
1.66×
Q3 25
1.47×
1.72×
Q2 25
Q1 25
0.29×
Q4 24
2.02×
Q3 24
3.06×
1.15×
Q2 24
2.97×
Q1 24
1.53×
0.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FUL
FUL

Hygiene Health And Consumable Adhesives$386.1M43%
Engineering Adhesives$272.3M31%
Building Adhesives Solutions$233.7M26%

GFF
GFF

Consumer And Professional Products$241.1M37%
Residential Repairand Remodel$202.1M31%
International Excluding North America$97.8M15%
Retail$47.3M7%
Residential New Construction$32.5M5%
Other$14.2M2%
Industrial$14.1M2%

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