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Side-by-side financial comparison of GRIFFON CORP (GFF) and NGL Energy Partners LP (NGL). Click either name above to swap in a different company.

NGL Energy Partners LP is the larger business by last-quarter revenue ($909.8M vs $649.1M, roughly 1.4× GRIFFON CORP). GRIFFON CORP runs the higher net margin — 9.9% vs 5.2%, a 4.7% gap on every dollar of revenue. On growth, GRIFFON CORP posted the faster year-over-year revenue change (2.6% vs -41.3%). GRIFFON CORP produced more free cash flow last quarter ($99.3M vs $45.7M). Over the past eight quarters, GRIFFON CORP's revenue compounded faster (-1.8% CAGR vs -6.4%).

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.

NGL Energy Partners LP is a U.S.-based midstream energy services firm. It offers transportation, storage, and logistics solutions for crude oil, natural gas liquids, and renewable fuels, plus water management services for upstream energy producers, operating primarily across North American markets.

GFF vs NGL — Head-to-Head

Bigger by revenue
NGL
NGL
1.4× larger
NGL
$909.8M
$649.1M
GFF
Growing faster (revenue YoY)
GFF
GFF
+43.9% gap
GFF
2.6%
-41.3%
NGL
Higher net margin
GFF
GFF
4.7% more per $
GFF
9.9%
5.2%
NGL
More free cash flow
GFF
GFF
$53.6M more FCF
GFF
$99.3M
$45.7M
NGL
Faster 2-yr revenue CAGR
GFF
GFF
Annualised
GFF
-1.8%
-6.4%
NGL

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
GFF
GFF
NGL
NGL
Revenue
$649.1M
$909.8M
Net Profit
$64.4M
$47.2M
Gross Margin
41.1%
29.0%
Operating Margin
17.5%
12.1%
Net Margin
9.9%
5.2%
Revenue YoY
2.6%
-41.3%
Net Profit YoY
-9.1%
249.3%
EPS (diluted)
$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
GFF
GFF
NGL
NGL
Q4 25
$649.1M
$909.8M
Q3 25
$662.2M
$674.7M
Q2 25
$613.6M
$622.2M
Q1 25
$611.7M
$971.1M
Q4 24
$632.4M
$982.4M
Q3 24
$659.7M
$756.5M
Q2 24
$647.8M
$759.2M
Q1 24
$672.9M
$1.0B
Net Profit
GFF
GFF
NGL
NGL
Q4 25
$64.4M
$47.2M
Q3 25
$43.6M
$29.3M
Q2 25
$-120.1M
$68.9M
Q1 25
$56.8M
$13.7M
Q4 24
$70.9M
$13.5M
Q3 24
$62.5M
$2.5M
Q2 24
$41.1M
$9.7M
Q1 24
$64.1M
$-236.8M
Gross Margin
GFF
GFF
NGL
NGL
Q4 25
41.1%
29.0%
Q3 25
41.7%
37.6%
Q2 25
43.2%
38.5%
Q1 25
41.2%
26.9%
Q4 24
41.8%
25.1%
Q3 24
39.9%
30.9%
Q2 24
38.5%
29.0%
Q1 24
40.2%
21.8%
Operating Margin
GFF
GFF
NGL
NGL
Q4 25
17.5%
12.1%
Q3 25
18.0%
14.0%
Q2 25
-20.5%
15.7%
Q1 25
16.5%
8.4%
Q4 24
17.7%
8.6%
Q3 24
16.9%
10.8%
Q2 24
13.8%
10.8%
Q1 24
16.9%
-9.4%
Net Margin
GFF
GFF
NGL
NGL
Q4 25
9.9%
5.2%
Q3 25
6.6%
4.3%
Q2 25
-19.6%
11.1%
Q1 25
9.3%
1.4%
Q4 24
11.2%
1.4%
Q3 24
9.5%
0.3%
Q2 24
6.3%
1.3%
Q1 24
9.5%
-22.8%
EPS (diluted)
GFF
GFF
NGL
NGL
Q4 25
$1.41
Q3 25
$1.04
Q2 25
$-2.65
Q1 25
$1.21
Q4 24
$1.49
Q3 24
$1.29
Q2 24
$0.84
Q1 24
$1.28

Balance Sheet & Financial Strength

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

Metric
GFF
GFF
NGL
NGL
Cash + ST InvestmentsLiquidity on hand
$95.3M
$6.5M
Total DebtLower is stronger
$2.9B
Stockholders' EquityBook value
$108.9M
Total Assets
$2.1B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFF
GFF
NGL
NGL
Q4 25
$95.3M
$6.5M
Q3 25
$99.0M
$8.7M
Q2 25
$107.3M
$5.4M
Q1 25
$127.8M
$13.5M
Q4 24
$152.0M
$5.7M
Q3 24
$114.4M
$4.5M
Q2 24
$133.5M
$5.3M
Q1 24
$123.0M
$38.9M
Total Debt
GFF
GFF
NGL
NGL
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$1.5B
$2.9B
Q1 25
$1.5B
$3.0B
Q4 24
$1.5B
$3.1B
Q3 24
$1.5B
$3.1B
Q2 24
$1.5B
$3.0B
Q1 24
$1.6B
$2.9B
Stockholders' Equity
GFF
GFF
NGL
NGL
Q4 25
$108.9M
Q3 25
$74.0M
Q2 25
$63.9M
Q1 25
$214.7M
Q4 24
$227.8M
Q3 24
$224.9M
Q2 24
$223.5M
Q1 24
$202.2M
Total Assets
GFF
GFF
NGL
NGL
Q4 25
$2.1B
$4.4B
Q3 25
$2.1B
$4.3B
Q2 25
$2.1B
$4.2B
Q1 25
$2.3B
$4.6B
Q4 24
$2.3B
$4.8B
Q3 24
$2.4B
$4.9B
Q2 24
$2.4B
$4.8B
Q1 24
$2.4B
$5.0B
Debt / Equity
GFF
GFF
NGL
NGL
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
GFF
GFF
NGL
NGL
Operating Cash FlowLast quarter
$107.0M
$182.3M
Free Cash FlowOCF − Capex
$99.3M
$45.7M
FCF MarginFCF / Revenue
15.3%
5.0%
Capex IntensityCapex / Revenue
1.2%
15.0%
Cash ConversionOCF / Net Profit
1.66×
3.86×
TTM Free Cash FlowTrailing 4 quarters
$278.9M
$126.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFF
GFF
NGL
NGL
Q4 25
$107.0M
$182.3M
Q3 25
$75.0M
$40.5M
Q2 25
$123.1M
$33.2M
Q1 25
$16.5M
$155.0M
Q4 24
$142.9M
$153.8M
Q3 24
$72.1M
$6.7M
Q2 24
$122.1M
$-18.1M
Q1 24
$39.8M
$152.2M
Free Cash Flow
GFF
GFF
NGL
NGL
Q4 25
$99.3M
$45.7M
Q3 25
$62.4M
$9.5M
Q2 25
$114.4M
$11.1M
Q1 25
$2.8M
$60.4M
Q4 24
$125.5M
$152.1M
Q3 24
$51.6M
$-82.9M
Q2 24
$107.5M
$-78.0M
Q1 24
$20.8M
$119.8M
FCF Margin
GFF
GFF
NGL
NGL
Q4 25
15.3%
5.0%
Q3 25
9.4%
1.4%
Q2 25
18.6%
1.8%
Q1 25
0.5%
6.2%
Q4 24
19.8%
15.5%
Q3 24
7.8%
-11.0%
Q2 24
16.6%
-10.3%
Q1 24
3.1%
11.5%
Capex Intensity
GFF
GFF
NGL
NGL
Q4 25
1.2%
15.0%
Q3 25
1.9%
4.6%
Q2 25
1.4%
3.6%
Q1 25
2.2%
9.7%
Q4 24
2.8%
0.2%
Q3 24
3.1%
11.8%
Q2 24
2.2%
7.9%
Q1 24
2.8%
3.1%
Cash Conversion
GFF
GFF
NGL
NGL
Q4 25
1.66×
3.86×
Q3 25
1.72×
1.38×
Q2 25
0.48×
Q1 25
0.29×
11.29×
Q4 24
2.02×
11.39×
Q3 24
1.15×
2.74×
Q2 24
2.97×
-1.87×
Q1 24
0.62×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

NGL
NGL

Water Solutions Segment$208.6M23%
Services$193.3M21%
Butane$192.5M21%
Service Fees$182.8M20%
Public Utilities Inventory Propane$93.9M10%
Crude Oil$23.3M3%
Crude Oil Transportation And Other$6.5M1%
Liquids Logistics Segment$2.5M0%
Crude Oil Logistics Segment$1.2M0%

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