|GFF Overview
GFF

GRIFFON CORP

Industrials • CIK: 0000050725

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Market Cap
$3.32B
P/E (TTM)
73.7x
Rev Growth (TTM)
-2.9%
Net Margin (TTM)
1.8%
FCF Yield (TTM)
-1.3%
FCF Margin (TTM)
-1.7%

LATEST EARNINGS

Q1 FY2026
29 days ago
View source
Revenue
$649.09M
+2.6%
Net Income
$64.39M
-9.1%
EPS
$1.41
-5.4%
Gross
41.1% -0.7%
Operating
17.5% -0.3%
Net
9.9% -1.3%
  • Revenue increased 3% to $649.1 million, driven by favorable pricing and mix in both segments.
  • Home and Building Products (HBP) segment revenue grew 3% year-over-year, supported by favorable pricing and mix.
  • Consumer and Professional Products (CPP) segment Adjusted EBITDA increased 19% year-over-year.
  • Free cash flow of $99.3 million for the quarter, demonstrating strong cash generation.

Cash Flow Health

Free Cash Flow0/8 positive
TTM$-43M
Q1 '26
$-8M+39%
Q4 '25
$-13M-45%
FCF Margin
TTM-1.7%
Q1 '26-1.2%+38%
Sector: 5.4%Below Avg
OCF Margin
OCF/NI
CapEx Coverage
FCF Yield-1.3%
FCF Growth (2Y)
Cash Conversion Cycle
115 days
DSO: 41+DIO: 108DPO: 34

Capital Allocation & Returns

Shareholder Friendly
Total Shareholder YieldTTM
TTM6.2%
Div Yield1.3%
+
Buyback (TTM)4.9%

Strong capital returns to shareholders

Dividend & Payout Metrics
Dividend Yield (TTM)1.3%
Free Cash Flow (TTM)$-42.6M
Stock Repurchases (TTM)$164.5M
Capital Return / FCF-483.9%
Est. Dividends Paid (TTM)$41.9M
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
4.3%
Moderate
-0.7% YoY-3.2%
P25MedianP75
75th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
3.0%
8Q: 10.6%
Asset Turnover
1.17x
8Q: 1.09x
Leverage (1+D/E)
13.44x
D/E: 12.44x
DuPont: 47.8%4.3% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
8.69x
8Q:8.95x
-117.4%
Invested Cap Turn
1.41x
8Q:1.33x
+21.4%
CapEx Intensity
2.4%
8Q:2.9%
CapEx/Depreciation
0.54x
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024
Revenue
$2.5B
$649.1M2.0%
$662.2M7.9%
$613.6M0.3%
$611.7M3.3%
$632.4M4.1%
$659.7M1.8%
$647.8M3.7%
$672.9M
Operating Income
$207.5M
$113.4M4.8%
$119.0M194.5%
$-126.0M224.6%
$101.2M9.8%
$112.1M
$0100.0%
$111.7M25.0%
$89.3M
Net Income
$44.6M
$64.4M47.6%
$43.6M136.3%
$-120.1M311.7%
$56.8M19.9%
$70.9M13.4%
$62.5M52.1%
$41.1M35.9%
$64.1M
Operating Cash Flow
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Free Cash Flow
$-42.6M
$-7.7M39.0%
$-12.6M44.6%
$-8.7M36.6%
$-13.7M21.4%
$-17.5M15.1%
$-20.6M41.1%
$-14.6M23.2%
$-19.0M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
73.7x
Volatile
8Q: 53.7x-1895%
Valuation Lenses
Earnings
73.7x
vs sector
Cash Flow
-109.4x
EV/FCF vs
Growth-Adj
PEG
N/A
Quality-Adj
17.2P/E per %ROIC
ROIC: 4.3%
Shareholder Returns
Dividend
1.3%
Buyback
4.9%
Total Yield
6.2%
Market Cap$3.32B
EV$4.66B
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
69/100
High Quality

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Top 10%
34.3%
8Q:
Return on Invested Capital (ROIC)Top 25%
4.3%
8Q:
-3.2%
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 3.0%
Asset Turnover: 1.17x

Earnings Quality

Cash Conversion

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin41.8%

Capital Efficiency

Invested Capital Turnover1.41x

Working Capital

Cash Conversion Cycle115 days

Growth Quality & Momentum

Low Quality
Growth Quality Score
47/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
-2.9%
OpInc Growth YoY
1.1%
EPS Growth YoY
-81.6%
FCF 3Y CAGR
N/A

Growth Quality Analysis

Sustainability Index: 3.0/10 - Growth sustainability concerns

Margin Quality & Sustainability

Low Quality
Profitability Cascade
Gross
41.8%
Operating
8.2%
Above Avg in sector
Net
1.8%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
-3.4 pts
FCF: -1.7% | Net: 1.8%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Leveraged
Net Debt / EBITDA
Net Debt: $1.26B
Interest Coverage
Leverage Metrics
Debt-to-Equity
12.44x
Balance sheet risk & solvency analysis