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Side-by-side financial comparison of GRIFFON CORP (GFF) and Natural Grocers by Vitamin Cottage, Inc. (NGVC). Click either name above to swap in a different company.

GRIFFON CORP is the larger business by last-quarter revenue ($649.1M vs $335.6M, roughly 1.9× Natural Grocers by Vitamin Cottage, Inc.). GRIFFON CORP runs the higher net margin — 9.9% vs 3.4%, a 6.5% gap on every dollar of revenue. On growth, GRIFFON CORP posted the faster year-over-year revenue change (2.6% vs 1.6%). GRIFFON CORP produced more free cash flow last quarter ($99.3M vs $11.6M). Over the past eight quarters, Natural Grocers by Vitamin Cottage, Inc.'s revenue compounded faster (4.4% CAGR vs -1.8%).

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.

Natural Grocers by Vitamin Cottage, Inc. is a U.S.-based specialty retail chain that offers certified organic groceries, dietary supplements, natural personal care items, and eco-friendly household products. It serves health-conscious consumers across multiple U.S. states, following strict quality standards that exclude artificial preservatives, colors, flavors and harmful additives.

GFF vs NGVC — Head-to-Head

Bigger by revenue
GFF
GFF
1.9× larger
GFF
$649.1M
$335.6M
NGVC
Growing faster (revenue YoY)
GFF
GFF
+1.0% gap
GFF
2.6%
1.6%
NGVC
Higher net margin
GFF
GFF
6.5% more per $
GFF
9.9%
3.4%
NGVC
More free cash flow
GFF
GFF
$87.8M more FCF
GFF
$99.3M
$11.6M
NGVC
Faster 2-yr revenue CAGR
NGVC
NGVC
Annualised
NGVC
4.4%
-1.8%
GFF

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GFF
GFF
NGVC
NGVC
Revenue
$649.1M
$335.6M
Net Profit
$64.4M
$11.3M
Gross Margin
41.1%
29.5%
Operating Margin
17.5%
4.4%
Net Margin
9.9%
3.4%
Revenue YoY
2.6%
1.6%
Net Profit YoY
-9.1%
14.0%
EPS (diluted)
$1.41
$0.49

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
NGVC
NGVC
Q4 25
$649.1M
$335.6M
Q3 25
$662.2M
$336.1M
Q2 25
$613.6M
$328.7M
Q1 25
$611.7M
$335.8M
Q4 24
$632.4M
$330.2M
Q3 24
$659.7M
$322.7M
Q2 24
$647.8M
$309.1M
Q1 24
$672.9M
$308.1M
Net Profit
GFF
GFF
NGVC
NGVC
Q4 25
$64.4M
$11.3M
Q3 25
$43.6M
$11.8M
Q2 25
$-120.1M
$11.6M
Q1 25
$56.8M
$13.1M
Q4 24
$70.9M
$9.9M
Q3 24
$62.5M
$9.0M
Q2 24
$41.1M
$9.2M
Q1 24
$64.1M
$8.0M
Gross Margin
GFF
GFF
NGVC
NGVC
Q4 25
41.1%
29.5%
Q3 25
41.7%
29.5%
Q2 25
43.2%
29.9%
Q1 25
41.2%
30.3%
Q4 24
41.8%
29.9%
Q3 24
39.9%
29.6%
Q2 24
38.5%
29.2%
Q1 24
40.2%
29.3%
Operating Margin
GFF
GFF
NGVC
NGVC
Q4 25
17.5%
4.4%
Q3 25
18.0%
4.6%
Q2 25
-20.5%
4.7%
Q1 25
16.5%
5.2%
Q4 24
17.7%
4.0%
Q3 24
16.9%
3.7%
Q2 24
13.8%
4.2%
Q1 24
16.9%
3.7%
Net Margin
GFF
GFF
NGVC
NGVC
Q4 25
9.9%
3.4%
Q3 25
6.6%
3.5%
Q2 25
-19.6%
3.5%
Q1 25
9.3%
3.9%
Q4 24
11.2%
3.0%
Q3 24
9.5%
2.8%
Q2 24
6.3%
3.0%
Q1 24
9.5%
2.6%
EPS (diluted)
GFF
GFF
NGVC
NGVC
Q4 25
$1.41
$0.49
Q3 25
$1.04
$0.51
Q2 25
$-2.65
$0.50
Q1 25
$1.21
$0.56
Q4 24
$1.49
$0.43
Q3 24
$1.29
$0.38
Q2 24
$0.84
$0.40
Q1 24
$1.28
$0.35

Balance Sheet & Financial Strength

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

Metric
GFF
GFF
NGVC
NGVC
Cash + ST InvestmentsLiquidity on hand
$95.3M
$23.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$108.9M
$220.0M
Total Assets
$2.1B
$668.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFF
GFF
NGVC
NGVC
Q4 25
$95.3M
$23.2M
Q3 25
$99.0M
$17.1M
Q2 25
$107.3M
$13.2M
Q1 25
$127.8M
$21.2M
Q4 24
$152.0M
$6.3M
Q3 24
$114.4M
$8.9M
Q2 24
$133.5M
$13.9M
Q1 24
$123.0M
$11.0M
Total Debt
GFF
GFF
NGVC
NGVC
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
GFF
GFF
NGVC
NGVC
Q4 25
$108.9M
$220.0M
Q3 25
$74.0M
$212.4M
Q2 25
$63.9M
$202.5M
Q1 25
$214.7M
$193.0M
Q4 24
$227.8M
$181.9M
Q3 24
$224.9M
$174.3M
Q2 24
$223.5M
$167.8M
Q1 24
$202.2M
$160.0M
Total Assets
GFF
GFF
NGVC
NGVC
Q4 25
$2.1B
$668.6M
Q3 25
$2.1B
$670.5M
Q2 25
$2.1B
$659.0M
Q1 25
$2.3B
$664.6M
Q4 24
$2.3B
$648.9M
Q3 24
$2.4B
$655.5M
Q2 24
$2.4B
$654.4M
Q1 24
$2.4B
$656.6M
Debt / Equity
GFF
GFF
NGVC
NGVC
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
NGVC
NGVC
Operating Cash FlowLast quarter
$107.0M
$21.1M
Free Cash FlowOCF − Capex
$99.3M
$11.6M
FCF MarginFCF / Revenue
15.3%
3.4%
Capex IntensityCapex / Revenue
1.2%
2.9%
Cash ConversionOCF / Net Profit
1.66×
1.86×
TTM Free Cash FlowTrailing 4 quarters
$278.9M
$42.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFF
GFF
NGVC
NGVC
Q4 25
$107.0M
$21.1M
Q3 25
$75.0M
$15.6M
Q2 25
$123.1M
$2.9M
Q1 25
$16.5M
$34.1M
Q4 24
$142.9M
$2.7M
Q3 24
$72.1M
$24.5M
Q2 24
$122.1M
$12.4M
Q1 24
$39.8M
$20.2M
Free Cash Flow
GFF
GFF
NGVC
NGVC
Q4 25
$99.3M
$11.6M
Q3 25
$62.4M
$7.5M
Q2 25
$114.4M
$-4.2M
Q1 25
$2.8M
$27.6M
Q4 24
$125.5M
$-6.9M
Q3 24
$51.6M
$18.0M
Q2 24
$107.5M
$3.6M
Q1 24
$20.8M
$9.8M
FCF Margin
GFF
GFF
NGVC
NGVC
Q4 25
15.3%
3.4%
Q3 25
9.4%
2.2%
Q2 25
18.6%
-1.3%
Q1 25
0.5%
8.2%
Q4 24
19.8%
-2.1%
Q3 24
7.8%
5.6%
Q2 24
16.6%
1.2%
Q1 24
3.1%
3.2%
Capex Intensity
GFF
GFF
NGVC
NGVC
Q4 25
1.2%
2.9%
Q3 25
1.9%
2.4%
Q2 25
1.4%
2.2%
Q1 25
2.2%
1.9%
Q4 24
2.8%
2.9%
Q3 24
3.1%
2.0%
Q2 24
2.2%
2.9%
Q1 24
2.8%
3.4%
Cash Conversion
GFF
GFF
NGVC
NGVC
Q4 25
1.66×
1.86×
Q3 25
1.72×
1.32×
Q2 25
0.25×
Q1 25
0.29×
2.60×
Q4 24
2.02×
0.27×
Q3 24
1.15×
2.72×
Q2 24
2.97×
1.35×
Q1 24
0.62×
2.54×

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%

NGVC
NGVC

Grocery$243.8M73%
Dietary Supplements$60.7M18%
Manufactured Product Other$31.0M9%

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