One-glance verdict
Within fair range
$87.95 our estimate vs market $99.87
Wall Street consensus: $126.86 (44.2% higher than our fair-value estimate)
14% above our estimate
Fundamentals snapshot
Griffon Corporation
GFF · NYQ · Industrials · Building Products & Equipment
Current price
$99.87
52-week range
$65.01 - $108.57
Market cap
$4.58B
Balance sheet
Distressed
4.69x Stretched
Net debt $1.23B. Interest coverage shows how many times profit covers the interest bill.
What stands out
3 Rewards
0 Risks
3 rewards · 0 risks
- Reward Returns 227.5% on equity, ahead of 80% of its peers.
- Reward Free cash flow was positive in 10/10 years.
- Reward Trades at 21.5x P/E vs peer median 23.3x (7.7% cheaper).
What this company does
Griffon Corporation
Griffon Corporation makes things for homes and yards, like garage doors, shovels, and garden hoses, selling mainly to hardware stores and builders. This means they make money from people fixing up their houses or working in their gardens, so how well these businesses are doing affects Griffon's sales.
How the company got here
Griffon Corporation, originally founded in 1959 as Instrument Systems Corporation, has evolved significantly over the decades. It officially changed its name to Griffon Corporation in 1995, marking a new chapter in its history. The company has strategically grown and adapted its business over time, shifting its focus to become a diversified manufacturer and marketer of products for both home and building needs, as well as consumer and professional applications.
What it actually does
Griffon Corporation is a company that makes and sells a variety of products used in homes, for building projects, and by consumers and professionals. Think of things like garage doors that go up and down, tools for gardening and home improvement, and even items for organizing your home. They sell these products in many countries, including the United States, Canada, Europe, and Australia.
Home and Building Products
This part of Griffon Corporation focuses on making and selling products for homes and buildings. Their main items include garage doors, both for houses and for commercial buildings, along with related accessories like garage door openers. They also produce security grilles and room dividers. These products are sold to professional installers and home centers, playing a key role in the construction and renovation markets.
Consumer and Professional Products
This segment is Griffon's other major business, offering a wide array of tools and home goods. It includes long-handled garden tools like shovels and rakes, wheelbarrows, and snow removal tools. They also make striking tools such as axes and sledgehammers, and various hand tools like hammers and screwdrivers. Additionally, this segment provides planters, garden hoses, home organization products like shelving, fans, and cleaning supplies, serving a broad range of retail customers.
What management is betting on now
Griffon's management is focused on growing its core businesses and improving profitability. A key strategy involves expanding its product offerings and market reach within both the Home and Building Products and the Consumer and Professional Products segments. They aim to achieve this through a combination of organic growth, which means selling more of what they already make, and potentially through strategic acquisitions, which means buying other companies. The goal is to strengthen their position as a leading provider of essential products for homes and professional use.
Price history
How the share price has moved
—
Loading price history…
Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q4
$51.55M
FY2025 Q1
$125.47M
FY2025 Q2
$2.79M
FY2025 Q3
$114.36M
FY2025 Q4
$62.39M
FY2026 Q1
$99.33M
FY2026 Q2
$1.33M
FY2026 Q3
$93.55M
Revenue
$481.37M
Net income
$51.63M
Diluted EPS
1.14
Operating cash flow
$99.63M
Free cash flow
$93.55M
Fetching…
Sources
Revenue
$421.86M
Net income
$19.32M
Diluted EPS
0.42
Operating cash flow
$11.32M
Free cash flow
$1.33M
Fetching…
Sources
Revenue
$649.09M
Net income
$64.39M
Diluted EPS
1.41
Operating cash flow
$106.99M
Free cash flow
$99.33M
Fetching…
Sources
Revenue
$662.18M
Net income
$43.64M
Diluted EPS
1.04
Operating cash flow
$74.96M
Free cash flow
$62.39M
Fetching…
Sources
Revenue
$613.63M
Net income
$-120.14M
Diluted EPS
-2.65
Operating cash flow
$123.06M
Free cash flow
$114.36M
Fetching…
Sources
Revenue
$611.75M
Net income
$56.76M
Diluted EPS
1.21
Operating cash flow
$16.50M
Free cash flow
$2.79M
Fetching…
Sources
Revenue
$632.37M
Net income
$70.85M
Diluted EPS
1.49
Operating cash flow
$142.92M
Free cash flow
$125.47M
Fetching…
Sources
Revenue
$659.67M
Net income
$62.49M
Diluted EPS
1.29
Operating cash flow
$72.10M
Free cash flow
$51.55M
Fetching…
Sources
Is it cheap or expensive?
Fair value $87.95 vs current price $99.87
Wall Street consensus is the average analyst price target: $126.86 (44.2% higher than our fair-value estimate).
Our most-likely fair value is $87.95 a share — about 11.9% away from today's price of $99.87, so the stock currently looks fairly priced.
Is it drowning in debt?
Distressed
Net debt $1.2B. Interest coverage 4.7x.
Net debt
$1.23B
Interest coverage
4.69x
Griffon Corporation's profit covers its interest bill about 4.7 times over. which is weaker than most peers shown here.
Distressed
Worse cushion
Baseline
Better cushion
GFF
BASELINE
Griffon Corporation
Total debt $1.34B Interest coverage 4.69x This is the baseline the peer rows are being compared against.
Total debt $2.80B Interest coverage 5.39x +15% vs GFF Carries about 1.2x more debt cushion than GFF.
Total debt $550.50M Interest coverage 10.09x +115% vs GFF Carries about 2.2x more debt cushion than GFF.
Total debt $2.89B Interest coverage 12.77x +173% vs GFF Carries about 2.7x more debt cushion than GFF.
Total debt $1.37B Interest coverage 40.89x +773% vs GFF Carries about 8.7x more debt cushion than GFF.
What you should know
The case for and against GFF
3 Rewards
0 Risks
Rewards
-
Returns 227.5% on equity, ahead of 80% of its peers.
-
Free cash flow was positive in 10/10 years.
-
Trades at 21.5x P/E vs peer median 23.3x (7.7% cheaper).
Risks
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
21.52x
Forward P/E
16.38x
P/B
35.17x
P/S
1.79x
EV/EBITDA
11.38x
PEG ratio
0.54x
Profitability
How much profit each dollar creates
Gross margin
41.3%
Operating margin
23.6%
Net margin
7.0%
ROE
227.5%
ROA
14.1%
Health
Liquidity and balance-sheet strength
Debt / equity
10.35x
Current ratio
2.41x
Quick ratio
1.07x
Total debt
$1.34B
Total cash
$110.35M
Growth
How the business has been compounding
Revenue TTM
$2.21B
Revenue 5Y CAGR
2.6%
EPS TTM
4.64
EPS 5Y CAGR
—
Cash flow
How much cash the business throws off
Operating CF TTM
$292.90M
Free CF TTM
$305.00M
FCF margin
13.8%
Dividend
Shareholder payout
Yield
0.9%
Payout ratio
17.5%
Last ex-div date
2026-08-31