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Side-by-side financial comparison of GRIFFON CORP (GFF) and StepStone Group Inc. (STEP). Click either name above to swap in a different company.

GRIFFON CORP is the larger business by last-quarter revenue ($649.1M vs $586.5M, roughly 1.1× StepStone Group Inc.). GRIFFON CORP runs the higher net margin — 9.9% vs -21.0%, a 31.0% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 2.6%). GRIFFON CORP produced more free cash flow last quarter ($99.3M vs $26.7M). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% 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.

Rosetta Stone Inc. is an American education technology software company that develops language, literacy and brain-fitness software. Best known for its language-learning products, in 2013, the company expanded beyond language into education-technology with its acquisitions of Livemocha, Lexia Learning, Fit Brains, and Tell Me More. In 2021, it became a subsidiary of IXL Learning.

GFF vs STEP — Head-to-Head

Bigger by revenue
GFF
GFF
1.1× larger
GFF
$649.1M
$586.5M
STEP
Growing faster (revenue YoY)
STEP
STEP
+70.4% gap
STEP
73.0%
2.6%
GFF
Higher net margin
GFF
GFF
31.0% more per $
GFF
9.9%
-21.0%
STEP
More free cash flow
GFF
GFF
$72.6M more FCF
GFF
$99.3M
$26.7M
STEP
Faster 2-yr revenue CAGR
STEP
STEP
Annualised
STEP
28.2%
-1.8%
GFF

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
GFF
GFF
STEP
STEP
Revenue
$649.1M
$586.5M
Net Profit
$64.4M
$-123.5M
Gross Margin
41.1%
Operating Margin
17.5%
-33.2%
Net Margin
9.9%
-21.0%
Revenue YoY
2.6%
73.0%
Net Profit YoY
-9.1%
35.7%
EPS (diluted)
$1.41
$-1.55

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
STEP
STEP
Q4 25
$649.1M
$586.5M
Q3 25
$662.2M
$454.2M
Q2 25
$613.6M
$364.3M
Q1 25
$611.7M
$377.7M
Q4 24
$632.4M
$339.0M
Q3 24
$659.7M
$271.7M
Q2 24
$647.8M
$186.4M
Q1 24
$672.9M
$356.8M
Net Profit
GFF
GFF
STEP
STEP
Q4 25
$64.4M
$-123.5M
Q3 25
$43.6M
$-366.1M
Q2 25
$-120.1M
$-38.4M
Q1 25
$56.8M
$-18.5M
Q4 24
$70.9M
$-192.0M
Q3 24
$62.5M
$17.6M
Q2 24
$41.1M
$13.3M
Q1 24
$64.1M
$30.8M
Gross Margin
GFF
GFF
STEP
STEP
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%
Operating Margin
GFF
GFF
STEP
STEP
Q4 25
17.5%
-33.2%
Q3 25
18.0%
-148.8%
Q2 25
-20.5%
-5.6%
Q1 25
16.5%
2.6%
Q4 24
17.7%
-101.7%
Q3 24
16.9%
21.3%
Q2 24
13.8%
29.4%
Q1 24
16.9%
26.5%
Net Margin
GFF
GFF
STEP
STEP
Q4 25
9.9%
-21.0%
Q3 25
6.6%
-80.6%
Q2 25
-19.6%
-10.5%
Q1 25
9.3%
-4.9%
Q4 24
11.2%
-56.6%
Q3 24
9.5%
6.5%
Q2 24
6.3%
7.2%
Q1 24
9.5%
8.6%
EPS (diluted)
GFF
GFF
STEP
STEP
Q4 25
$1.41
$-1.55
Q3 25
$1.04
$-4.66
Q2 25
$-2.65
$-0.49
Q1 25
$1.21
$-0.37
Q4 24
$1.49
$-2.61
Q3 24
$1.29
$0.26
Q2 24
$0.84
$0.20
Q1 24
$1.28
$0.47

Balance Sheet & Financial Strength

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

Metric
GFF
GFF
STEP
STEP
Cash + ST InvestmentsLiquidity on hand
$95.3M
Total DebtLower is stronger
$270.2M
Stockholders' EquityBook value
$108.9M
$-378.8M
Total Assets
$2.1B
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFF
GFF
STEP
STEP
Q4 25
$95.3M
Q3 25
$99.0M
Q2 25
$107.3M
Q1 25
$127.8M
Q4 24
$152.0M
Q3 24
$114.4M
Q2 24
$133.5M
Q1 24
$123.0M
Total Debt
GFF
GFF
STEP
STEP
Q4 25
$270.2M
Q3 25
$269.9M
Q2 25
$1.5B
$269.6M
Q1 25
$1.5B
$269.3M
Q4 24
$1.5B
$168.9M
Q3 24
$1.5B
$172.3M
Q2 24
$1.5B
$172.1M
Q1 24
$1.6B
$148.8M
Stockholders' Equity
GFF
GFF
STEP
STEP
Q4 25
$108.9M
$-378.8M
Q3 25
$74.0M
$-233.5M
Q2 25
$63.9M
$153.9M
Q1 25
$214.7M
$179.4M
Q4 24
$227.8M
$209.8M
Q3 24
$224.9M
$397.5M
Q2 24
$223.5M
$366.9M
Q1 24
$202.2M
$324.5M
Total Assets
GFF
GFF
STEP
STEP
Q4 25
$2.1B
$5.2B
Q3 25
$2.1B
$5.3B
Q2 25
$2.1B
$4.8B
Q1 25
$2.3B
$4.6B
Q4 24
$2.3B
$4.3B
Q3 24
$2.4B
$4.0B
Q2 24
$2.4B
$3.8B
Q1 24
$2.4B
$3.8B
Debt / Equity
GFF
GFF
STEP
STEP
Q4 25
Q3 25
Q2 25
22.71×
1.75×
Q1 25
7.16×
1.50×
Q4 24
6.48×
0.81×
Q3 24
6.78×
0.43×
Q2 24
6.74×
0.47×
Q1 24
7.84×
0.46×

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
STEP
STEP
Operating Cash FlowLast quarter
$107.0M
$27.2M
Free Cash FlowOCF − Capex
$99.3M
$26.7M
FCF MarginFCF / Revenue
15.3%
4.6%
Capex IntensityCapex / Revenue
1.2%
0.1%
Cash ConversionOCF / Net Profit
1.66×
TTM Free Cash FlowTrailing 4 quarters
$278.9M
$18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFF
GFF
STEP
STEP
Q4 25
$107.0M
$27.2M
Q3 25
$75.0M
$16.2M
Q2 25
$123.1M
$46.3M
Q1 25
$16.5M
$-66.5M
Q4 24
$142.9M
$27.6M
Q3 24
$72.1M
$53.7M
Q2 24
$122.1M
$50.2M
Q1 24
$39.8M
$7.6M
Free Cash Flow
GFF
GFF
STEP
STEP
Q4 25
$99.3M
$26.7M
Q3 25
$62.4M
$15.9M
Q2 25
$114.4M
$45.2M
Q1 25
$2.8M
$-69.2M
Q4 24
$125.5M
$27.0M
Q3 24
$51.6M
$52.4M
Q2 24
$107.5M
$49.6M
Q1 24
$20.8M
$6.7M
FCF Margin
GFF
GFF
STEP
STEP
Q4 25
15.3%
4.6%
Q3 25
9.4%
3.5%
Q2 25
18.6%
12.4%
Q1 25
0.5%
-18.3%
Q4 24
19.8%
8.0%
Q3 24
7.8%
19.3%
Q2 24
16.6%
26.6%
Q1 24
3.1%
1.9%
Capex Intensity
GFF
GFF
STEP
STEP
Q4 25
1.2%
0.1%
Q3 25
1.9%
0.1%
Q2 25
1.4%
0.3%
Q1 25
2.2%
0.7%
Q4 24
2.8%
0.2%
Q3 24
3.1%
0.5%
Q2 24
2.2%
0.3%
Q1 24
2.8%
0.3%
Cash Conversion
GFF
GFF
STEP
STEP
Q4 25
1.66×
Q3 25
1.72×
Q2 25
Q1 25
0.29×
Q4 24
2.02×
Q3 24
1.15×
3.05×
Q2 24
2.97×
3.76×
Q1 24
0.62×
0.25×

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%

STEP
STEP

Other$210.1M36%
Management And Advisory Fees Net Focused Commingled Funds$143.3M24%
Carried Interest Allocation Focused Commingled Funds$85.1M15%
Carried Interest Allocation Separately Managed Accounts$63.6M11%
Carried Interest Allocation Realized$46.7M8%
Management And Advisory Fees Net Advisory And Other Services$18.3M3%
Legacy Carried Interest Allocation Focused Commingled Funds$10.3M2%
Income Based Incentive Fees$6.0M1%
Management And Advisory Fees Net Fund Reimbursement Revenues$3.1M1%

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