Skip to main content
Institutional deep-dive - valuation, health, statements

Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

GRIFFON CORP GFF

· Industrials · Metal Doors, Sash, Frames, Moldings & Trim

FY2025 10-K, filed 2025-11-19
SEC EDGAR

Filing evidence summary

Mixed evidenceCoverage 5/5 core metrics

Latest reported annual revenue changed -3.9% from the prior reported annual observation.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • Revenue contracted

    Latest reported annual revenue changed -3.9% from the prior reported annual observation.

    Why this surfaced

    Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-09-30.

  • Operating margin compressed

    Operating margin changed -7.0 percentage points from the prior annual period.

    Why this surfaced

    Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-09-30.

  • 1 filing risk check flagged

    Flagged areas: Solvency & liquidity.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

  • Free cash flow was positive

    Latest reported free cash flow was $305M.

    Why this surfaced

    Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-09-30.

Core trend metrics

Latest annual revenue growth
-3.9%
as of 2025-09-30
Latest annual operating margin
8.2%
as of 2025-09-30
Free cash flow
$305M
as of 2025-09-30
Debt / equity
18.99x
as of 2025-09-30
ROIC snapshot
11.7%
period varies

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

1of 12 rule-based checks flagged
  • Solvency & liquidity

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-09-06
Latest period end
2025-09-30
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2025-09-3010-K filed 2025-11-19prior period 2024-09-30 from the same filingView filing
By business segment
Revenue
  • Homeand Building Products HBP$1.58B
    62.9%
    -0.3% yoy
  • Consumer And Professional Products$936M
    37.1%
    -9.6% yoy

Members sum to the consolidated $2.52B for this period.

By geography
Revenue
  • United States$2.04B
    81.0%
    -5.5% yoy
  • Australia$289M
    11.5%
    +14.8% yoy
  • Canada$112M
    4.4%
    -12.7% yoy
  • Europe$41.8M
    1.7%
    -21.3% yoy
  • All Other Countries$37M
    1.5%
    +13.9% yoy

Members sum to the consolidated $2.52B for this period.

Latest quarter
Quarter ending 2026-03-3110-Q filed 2026-05-07prior period 2025-12-31 from the same filingView filing
  • Home And Building Products$422M
    100.0%
    no prior

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2025-09-30 · among 4,122 US-listed filers · 322 in Industrials
MetricValuevs all filersvs sector
Revenue
latest fiscal-year revenue as filed
$2.5B
70thof 3,301
top third
57thof 305
middle third
Revenue growth
latest fiscal-year revenue vs the prior fiscal year
-4.0%
20thof 3,135
bottom third
23rdof 294
bottom third
Gross margin
gross profit ÷ revenue
42.0%
56thof 1,603
middle third
84thof 167
top third
Operating margin
operating income ÷ revenue
8.2%
64thof 2,819
middle third
66thof 280
middle third
Net margin
net income ÷ revenue
2.0%
49thof 3,263
middle third
44thof 299
middle third
Free-cash-flow margin
(operating cash flow − |capex|) ÷ revenue
12.1%
71stof 2,679
top third
86thof 276
top third
Return on equity
net income ÷ stockholders' equity (positive equity only)
69.1%
98thof 3,577
top third
97thof 281
top third
Interest coverage
operating income ÷ interest expense (interest expense > 0)
2.1×
55thof 819
middle third
43rdof 61
middle third
Stock comp ÷ revenue
stock-based compensation ÷ revenue · lower is ranked higher
1.0%
67thof 2,895
top third
43rdof 266
middle third
Days sales outstanding
receivables ÷ revenue × 365 · lower is ranked higher
42 days
59thof 2,398
middle third
63rdof 238
middle third
Net debt ÷ operating cash flow
net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher
3.6×
37thof 1,547
middle third
31stof 149
bottom third
Cash conversion
operating cash flow ÷ net income (net income > 0)
7.0×
94thof 2,183
top third
93rdof 200
top third
Cash-flow accrual ratio
(net income − operating cash flow) ÷ average total assets · lower is ranked higher
-13.8%
82ndof 3,577
top third
87thof 282
top third
Balance-sheet accrual ratio
change in net operating assets ÷ average net operating assets · lower is ranked higher
-16.4%
80thof 3,059
top third
79thof 223
top third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

latest fiscal year ending 2025-09-30 · accruals and cash conversion as filed
Cash conversion
6.99×
operating cash flow ÷ net income, latest fiscal year
Cash-flow accrual ratio
-13.8%
(net income − operating cash flow) ÷ average total assets
Balance-sheet accrual ratio
-16.4%
change in net operating assets ÷ average net operating assets
Cash-backed years
4 of 5
fiscal years where operating cash flow met or exceeded net income
Mean cash conversion
3.81×
across the stored fiscal years with positive net income

Per fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.

Point-in-time ledger

first-reported vs latest filing · periods since 2020-01-01 · 35 changed periods, 30 largest shown
Line itemPeriodFirst reportedLatest filingChangeFilings
Operating cash flow
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
quarter 2020-12-31$20.8M
10-Q 2021-01-29
$12.3M
10-Q 2022-02-01
-40.9%first · latest
Receivables
AccountsReceivableNetCurrent
balance at 2025-09-30$291M
10-K 2025-11-19
$197M
10-Q 2026-08-05
-32.3%first · latest · 4 filings carry it
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
quarter 2025-03-31$612M
10-Q 2025-05-08
$427M
10-Q 2026-05-07
-30.3%first · latest
Capital expenditure
PaymentsToAcquirePropertyPlantAndEquipment
quarter 2021-06-30$9.9M
10-Q 2021-07-30
$7.11M
10-Q 2022-08-03
-28.2%first · latest
Capital expenditure
PaymentsToAcquirePropertyPlantAndEquipment
quarter 2021-03-31$12.1M
10-Q 2021-04-30
$8.81M
10-Q 2022-04-29
-26.9%first · latest
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
quarter 2025-06-30$614M
10-Q 2025-08-06
$450M
10-Q 2026-08-05
-26.7%first · latest
Intangibles
IntangibleAssetsNetExcludingGoodwill
balance at 2025-09-30$488M
10-K 2025-11-19
$364M
10-Q 2026-08-05
-25.4%first · latest · 4 filings carry it
Capital expenditure
PaymentsToAcquirePropertyPlantAndEquipment
quarter 2020-12-31$11.9M
10-Q 2021-01-29
$9.02M
10-Q 2022-02-01
-24.4%first · latest
Operating cash flow
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
fiscal year 2020-09-30$137M
10-K 2020-11-13
$107M
10-K 2022-11-18
-22.0%first · latest · 3 filings carry it
Gross profit
GrossProfit
quarter 2025-03-31$252M
10-Q 2025-05-08
$198M
10-Q 2026-05-07
-21.4%first · latest
Receivables
AccountsReceivableNetCurrent
balance at 2020-09-30$348M
10-K 2020-11-13
$278M
10-K 2021-11-17
-20.0%first · latest · 5 filings carry it
Depreciation and amortization
DepreciationDepletionAndAmortization
quarter 2020-12-31$15.3M
10-Q 2021-01-29
$12.6M
10-Q 2022-02-01
-17.5%first · latest
Gross profit
GrossProfit
quarter 2025-06-30$265M
10-Q 2025-08-06
$219M
10-Q 2026-08-05
-17.5%first · latest
Depreciation and amortization
DepreciationDepletionAndAmortization
quarter 2021-03-31$15.9M
10-Q 2021-04-30
$13.1M
10-Q 2022-04-29
-17.2%first · latest
Depreciation and amortization
DepreciationDepletionAndAmortization
fiscal year 2020-09-30$62.4M
10-K 2020-11-13
$52.1M
10-K 2022-11-18
-16.5%first · latest · 3 filings carry it
Capital expenditure
PaymentsToAcquirePropertyPlantAndEquipment
fiscal year 2020-09-30$49M
10-K 2020-11-13
$41.2M
10-K 2022-11-18
-16.0%first · latest · 3 filings carry it
Depreciation and amortization
DepreciationDepletionAndAmortization
quarter 2021-06-30$15.8M
10-Q 2021-07-30
$13.3M
10-Q 2022-08-03
-15.8%first · latest
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
fiscal year 2020-09-30$2.41B
10-K 2020-11-13
$2.07B
10-K 2022-11-18
-14.2%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
quarter 2020-12-31$609M
10-Q 2021-01-29
$542M
10-Q 2022-02-01
-11.1%first · latest
Operating income
OperatingIncomeLoss
quarter 2025-03-31$101M
10-Q 2025-05-08
$90.9M
10-Q 2026-05-07
-10.2%first · latest
Operating income
OperatingIncomeLoss
fiscal year 2020-09-30$155M
10-K 2020-11-13
$140M
10-K 2022-11-18
-10.0%first · latest · 3 filings carry it
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
quarter 2021-06-30$647M
10-Q 2021-07-30
$584M
10-Q 2022-08-03
-9.7%first · latest
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
quarter 2021-03-31$635M
10-Q 2021-04-30
$575M
10-Q 2022-04-29
-9.5%first · latest
Gross profit
GrossProfit
fiscal year 2020-09-30$641M
10-K 2020-11-13
$584M
10-K 2022-11-18
-8.9%first · latest · 3 filings carry it
Operating income
OperatingIncomeLoss
quarter 2020-12-31$48.6M
10-Q 2021-01-29
$52.4M
10-Q 2022-02-01
+7.8%first · latest
Gross profit
GrossProfit
quarter 2021-06-30$170M
10-Q 2021-07-30
$160M
10-Q 2022-08-03
-6.0%first · latest
Gross profit
GrossProfit
quarter 2021-03-31$170M
10-Q 2021-04-30
$161M
10-Q 2022-04-29
-5.3%first · latest
Operating income
OperatingIncomeLoss
quarter 2021-06-30$44.5M
10-Q 2021-07-30
$42.1M
10-Q 2022-08-03
-5.3%first · latest
Operating income
OperatingIncomeLoss
quarter 2025-06-30-$126M
10-Q 2025-08-06
-$132M
10-Q 2026-08-05
-4.8%first · latest
Goodwill
Goodwill
balance at 2020-09-30$443M
10-K 2020-11-13
$424M
10-K 2022-11-18
-4.2%first · latest · 6 filings carry it

First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.

Notes by disclosure type

Not available for GFF yet: no footnote text blocks on file for this filer in the ingested DERA files.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.