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Side-by-side financial comparison of GRIFFON CORP (GFF) and Madison Square Garden Sports Corp. (MSGS). Click either name above to swap in a different company.
GRIFFON CORP is the larger business by last-quarter revenue ($649.1M vs $403.4M, roughly 1.6× Madison Square Garden Sports Corp.). GRIFFON CORP runs the higher net margin — 9.9% vs 2.0%, a 7.9% gap on every dollar of revenue. On growth, Madison Square Garden Sports Corp. posted the faster year-over-year revenue change (12.8% vs 2.6%). GRIFFON CORP produced more free cash flow last quarter ($99.3M vs $31.6M). Over the past eight quarters, GRIFFON CORP's revenue compounded faster (-1.8% CAGR vs -3.1%).
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.
Madison Square Garden Sports Corp. is an American sports holding company based in New York City.
GFF vs MSGS — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $649.1M | $403.4M |
| Net Profit | $64.4M | $8.2M |
| Gross Margin | 41.1% | — |
| Operating Margin | 17.5% | 5.5% |
| Net Margin | 9.9% | 2.0% |
| Revenue YoY | 2.6% | 12.8% |
| Net Profit YoY | -9.1% | 641.9% |
| EPS (diluted) | $1.41 | $0.34 |
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.
| Q4 25 | $649.1M | $403.4M | ||
| Q3 25 | $662.2M | $39.5M | ||
| Q2 25 | $613.6M | $204.0M | ||
| Q1 25 | $611.7M | $424.2M | ||
| Q4 24 | $632.4M | $357.8M | ||
| Q3 24 | $659.7M | $53.3M | ||
| Q2 24 | $647.8M | $227.3M | ||
| Q1 24 | $672.9M | $430.0M |
| Q4 25 | $64.4M | $8.2M | ||
| Q3 25 | $43.6M | $-8.8M | ||
| Q2 25 | $-120.1M | $-1.8M | ||
| Q1 25 | $56.8M | $-14.2M | ||
| Q4 24 | $70.9M | $1.1M | ||
| Q3 24 | $62.5M | $-7.5M | ||
| Q2 24 | $41.1M | $25.5M | ||
| Q1 24 | $64.1M | $37.9M |
| Q4 25 | 41.1% | — | ||
| Q3 25 | 41.7% | — | ||
| Q2 25 | 43.2% | — | ||
| Q1 25 | 41.2% | — | ||
| Q4 24 | 41.8% | — | ||
| Q3 24 | 39.9% | — | ||
| Q2 24 | 38.5% | — | ||
| Q1 24 | 40.2% | — |
| Q4 25 | 17.5% | 5.5% | ||
| Q3 25 | 18.0% | -69.5% | ||
| Q2 25 | -20.5% | -11.1% | ||
| Q1 25 | 16.5% | 7.6% | ||
| Q4 24 | 17.7% | 3.7% | ||
| Q3 24 | 16.9% | -15.5% | ||
| Q2 24 | 13.8% | 23.0% | ||
| Q1 24 | 16.9% | 18.5% |
| Q4 25 | 9.9% | 2.0% | ||
| Q3 25 | 6.6% | -22.3% | ||
| Q2 25 | -19.6% | -0.9% | ||
| Q1 25 | 9.3% | -3.4% | ||
| Q4 24 | 11.2% | 0.3% | ||
| Q3 24 | 9.5% | -14.1% | ||
| Q2 24 | 6.3% | 11.2% | ||
| Q1 24 | 9.5% | 8.8% |
| Q4 25 | $1.41 | $0.34 | ||
| Q3 25 | $1.04 | $-0.37 | ||
| Q2 25 | $-2.65 | $-0.08 | ||
| Q1 25 | $1.21 | $-0.59 | ||
| Q4 24 | $1.49 | $0.05 | ||
| Q3 24 | $1.29 | $-0.31 | ||
| Q2 24 | $0.84 | $1.07 | ||
| Q1 24 | $1.28 | $1.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $95.3M | $81.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $108.9M | $-282.1M |
| Total Assets | $2.1B | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.3M | $81.3M | ||
| Q3 25 | $99.0M | $48.6M | ||
| Q2 25 | $107.3M | $144.6M | ||
| Q1 25 | $127.8M | $96.5M | ||
| Q4 24 | $152.0M | $107.8M | ||
| Q3 24 | $114.4M | $52.3M | ||
| Q2 24 | $133.5M | $89.1M | ||
| Q1 24 | $123.0M | $40.0M |
| 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 | — |
| Q4 25 | $108.9M | $-282.1M | ||
| Q3 25 | $74.0M | $-294.2M | ||
| Q2 25 | $63.9M | $-281.4M | ||
| Q1 25 | $214.7M | $-283.4M | ||
| Q4 24 | $227.8M | $-273.1M | ||
| Q3 24 | $224.9M | $-277.5M | ||
| Q2 24 | $223.5M | $-266.3M | ||
| Q1 24 | $202.2M | $-294.0M |
| Q4 25 | $2.1B | $1.5B | ||
| Q3 25 | $2.1B | $1.5B | ||
| Q2 25 | $2.1B | $1.5B | ||
| Q1 25 | $2.3B | $1.5B | ||
| Q4 24 | $2.3B | $1.4B | ||
| Q3 24 | $2.4B | $1.4B | ||
| Q2 24 | $2.4B | $1.3B | ||
| Q1 24 | $2.4B | $1.4B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $107.0M | $32.4M |
| Free Cash FlowOCF − Capex | $99.3M | $31.6M |
| FCF MarginFCF / Revenue | 15.3% | 7.8% |
| Capex IntensityCapex / Revenue | 1.2% | 0.2% |
| Cash ConversionOCF / Net Profit | 1.66× | 3.94× |
| TTM Free Cash FlowTrailing 4 quarters | $278.9M | $-480.0K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $107.0M | $32.4M | ||
| Q3 25 | $75.0M | $-85.0M | ||
| Q2 25 | $123.1M | $49.7M | ||
| Q1 25 | $16.5M | $6.3M | ||
| Q4 24 | $142.9M | $61.8M | ||
| Q3 24 | $72.1M | $-26.2M | ||
| Q2 24 | $122.1M | $108.4M | ||
| Q1 24 | $39.8M | $4.0M |
| Q4 25 | $99.3M | $31.6M | ||
| Q3 25 | $62.4M | $-85.3M | ||
| Q2 25 | $114.4M | $49.4M | ||
| Q1 25 | $2.8M | $3.9M | ||
| Q4 24 | $125.5M | $61.2M | ||
| Q3 24 | $51.6M | $-26.5M | ||
| Q2 24 | $107.5M | $108.0M | ||
| Q1 24 | $20.8M | $3.9M |
| Q4 25 | 15.3% | 7.8% | ||
| Q3 25 | 9.4% | -216.3% | ||
| Q2 25 | 18.6% | 24.2% | ||
| Q1 25 | 0.5% | 0.9% | ||
| Q4 24 | 19.8% | 17.1% | ||
| Q3 24 | 7.8% | -49.7% | ||
| Q2 24 | 16.6% | 47.5% | ||
| Q1 24 | 3.1% | 0.9% |
| Q4 25 | 1.2% | 0.2% | ||
| Q3 25 | 1.9% | 0.9% | ||
| Q2 25 | 1.4% | 0.2% | ||
| Q1 25 | 2.2% | 0.6% | ||
| Q4 24 | 2.8% | 0.1% | ||
| Q3 24 | 3.1% | 0.7% | ||
| Q2 24 | 2.2% | 0.2% | ||
| Q1 24 | 2.8% | 0.0% |
| Q4 25 | 1.66× | 3.94× | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 2.02× | 55.61× | ||
| Q3 24 | 1.15× | — | ||
| Q2 24 | 2.97× | 4.25× | ||
| Q1 24 | 0.62× | 0.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
MSGS
| Event Related | $167.2M | 41% |
| Media Rights | $122.3M | 30% |
| Sponsorship Signage And Suite Licenses | $98.5M | 24% |
| League Distribution | $15.4M | 4% |
