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Side-by-side financial comparison of GRIFFON CORP (GFF) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.

GRIFFON CORP is the larger business by last-quarter revenue ($649.1M vs $625.1M, roughly 1.0× WATTS WATER TECHNOLOGIES INC). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs 9.9%, a 3.5% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs 2.6%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $99.3M). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (4.6% 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.

AERCO International, Inc. is a manufacturer and supplier of commercial condensing boilers, high efficiency water heating equipment and energy recovery systems in the HVAC/plumbing industry across a variety of markets including education, lodging, government, office buildings, healthcare, industrial and multifamily housing. In 1949, AERCO introduced the industry's first semi-instantaneous, tankless steam-to-water water heater. In 1988, AERCO introduced the first condensing and fully modulating...

GFF vs WTS — Head-to-Head

Bigger by revenue
GFF
GFF
1.0× larger
GFF
$649.1M
$625.1M
WTS
Growing faster (revenue YoY)
WTS
WTS
+13.0% gap
WTS
15.7%
2.6%
GFF
Higher net margin
WTS
WTS
3.5% more per $
WTS
13.4%
9.9%
GFF
More free cash flow
WTS
WTS
$41.0M more FCF
WTS
$140.3M
$99.3M
GFF
Faster 2-yr revenue CAGR
WTS
WTS
Annualised
WTS
4.6%
-1.8%
GFF

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GFF
GFF
WTS
WTS
Revenue
$649.1M
$625.1M
Net Profit
$64.4M
$83.7M
Gross Margin
41.1%
49.5%
Operating Margin
17.5%
18.2%
Net Margin
9.9%
13.4%
Revenue YoY
2.6%
15.7%
Net Profit YoY
-9.1%
24.0%
EPS (diluted)
$1.41
$2.50

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
WTS
WTS
Q4 25
$649.1M
$625.1M
Q3 25
$662.2M
$611.7M
Q2 25
$613.6M
$643.7M
Q1 25
$611.7M
$558.0M
Q4 24
$632.4M
$540.4M
Q3 24
$659.7M
$543.6M
Q2 24
$647.8M
$597.3M
Q1 24
$672.9M
$570.9M
Net Profit
GFF
GFF
WTS
WTS
Q4 25
$64.4M
$83.7M
Q3 25
$43.6M
$82.2M
Q2 25
$-120.1M
$100.9M
Q1 25
$56.8M
$74.0M
Q4 24
$70.9M
$67.5M
Q3 24
$62.5M
$69.1M
Q2 24
$41.1M
$82.0M
Q1 24
$64.1M
$72.6M
Gross Margin
GFF
GFF
WTS
WTS
Q4 25
41.1%
49.5%
Q3 25
41.7%
48.8%
Q2 25
43.2%
50.6%
Q1 25
41.2%
48.8%
Q4 24
41.8%
46.7%
Q3 24
39.9%
47.3%
Q2 24
38.5%
47.7%
Q1 24
40.2%
46.9%
Operating Margin
GFF
GFF
WTS
WTS
Q4 25
17.5%
18.2%
Q3 25
18.0%
18.2%
Q2 25
-20.5%
21.0%
Q1 25
16.5%
15.7%
Q4 24
17.7%
16.5%
Q3 24
16.9%
17.1%
Q2 24
13.8%
18.7%
Q1 24
16.9%
16.9%
Net Margin
GFF
GFF
WTS
WTS
Q4 25
9.9%
13.4%
Q3 25
6.6%
13.4%
Q2 25
-19.6%
15.7%
Q1 25
9.3%
13.3%
Q4 24
11.2%
12.5%
Q3 24
9.5%
12.7%
Q2 24
6.3%
13.7%
Q1 24
9.5%
12.7%
EPS (diluted)
GFF
GFF
WTS
WTS
Q4 25
$1.41
$2.50
Q3 25
$1.04
$2.45
Q2 25
$-2.65
$3.01
Q1 25
$1.21
$2.21
Q4 24
$1.49
$2.02
Q3 24
$1.29
$2.06
Q2 24
$0.84
$2.44
Q1 24
$1.28
$2.17

Balance Sheet & Financial Strength

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

Metric
GFF
GFF
WTS
WTS
Cash + ST InvestmentsLiquidity on hand
$95.3M
$405.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$108.9M
$2.0B
Total Assets
$2.1B
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GFF
GFF
WTS
WTS
Q4 25
$95.3M
$405.5M
Q3 25
$99.0M
$457.7M
Q2 25
$107.3M
$369.3M
Q1 25
$127.8M
$336.8M
Q4 24
$152.0M
$386.9M
Q3 24
$114.4M
$303.9M
Q2 24
$133.5M
$279.4M
Q1 24
$123.0M
$237.1M
Total Debt
GFF
GFF
WTS
WTS
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
WTS
WTS
Q4 25
$108.9M
$2.0B
Q3 25
$74.0M
$2.0B
Q2 25
$63.9M
$1.9B
Q1 25
$214.7M
$1.8B
Q4 24
$227.8M
$1.7B
Q3 24
$224.9M
$1.7B
Q2 24
$223.5M
$1.6B
Q1 24
$202.2M
$1.6B
Total Assets
GFF
GFF
WTS
WTS
Q4 25
$2.1B
$2.9B
Q3 25
$2.1B
$2.7B
Q2 25
$2.1B
$2.6B
Q1 25
$2.3B
$2.5B
Q4 24
$2.3B
$2.4B
Q3 24
$2.4B
$2.4B
Q2 24
$2.4B
$2.4B
Q1 24
$2.4B
$2.3B
Debt / Equity
GFF
GFF
WTS
WTS
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
WTS
WTS
Operating Cash FlowLast quarter
$107.0M
$154.7M
Free Cash FlowOCF − Capex
$99.3M
$140.3M
FCF MarginFCF / Revenue
15.3%
22.4%
Capex IntensityCapex / Revenue
1.2%
2.3%
Cash ConversionOCF / Net Profit
1.66×
1.85×
TTM Free Cash FlowTrailing 4 quarters
$278.9M
$356.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GFF
GFF
WTS
WTS
Q4 25
$107.0M
$154.7M
Q3 25
$75.0M
$122.4M
Q2 25
$123.1M
$69.7M
Q1 25
$16.5M
$55.2M
Q4 24
$142.9M
$139.5M
Q3 24
$72.1M
$90.7M
Q2 24
$122.1M
$85.3M
Q1 24
$39.8M
$45.6M
Free Cash Flow
GFF
GFF
WTS
WTS
Q4 25
$99.3M
$140.3M
Q3 25
$62.4M
$110.9M
Q2 25
$114.4M
$59.5M
Q1 25
$2.8M
$45.6M
Q4 24
$125.5M
$127.5M
Q3 24
$51.6M
$84.3M
Q2 24
$107.5M
$78.5M
Q1 24
$20.8M
$35.5M
FCF Margin
GFF
GFF
WTS
WTS
Q4 25
15.3%
22.4%
Q3 25
9.4%
18.1%
Q2 25
18.6%
9.2%
Q1 25
0.5%
8.2%
Q4 24
19.8%
23.6%
Q3 24
7.8%
15.5%
Q2 24
16.6%
13.1%
Q1 24
3.1%
6.2%
Capex Intensity
GFF
GFF
WTS
WTS
Q4 25
1.2%
2.3%
Q3 25
1.9%
1.9%
Q2 25
1.4%
1.6%
Q1 25
2.2%
1.7%
Q4 24
2.8%
2.2%
Q3 24
3.1%
1.2%
Q2 24
2.2%
1.1%
Q1 24
2.8%
1.8%
Cash Conversion
GFF
GFF
WTS
WTS
Q4 25
1.66×
1.85×
Q3 25
1.72×
1.49×
Q2 25
0.69×
Q1 25
0.29×
0.75×
Q4 24
2.02×
2.07×
Q3 24
1.15×
1.31×
Q2 24
2.97×
1.04×
Q1 24
0.62×
0.63×

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%

WTS
WTS

Segment breakdown not available.

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