Griffon Corp income statement
In fiscal 2025, Griffon Corp reported revenue of $2.52bn, down 3.9% on the year before, operating income of $206m (a 8.2% margin) and net income of $51.1m, or $1.09 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,194 | 1,294 | 1,831 | 1,861 | 1,871 | 1,992 | 1,483 | 1,477 | 1,525 | 1,978 | 1,874 | 2,067 | 2,271 | 2,848 | 2,685 | 2,624 | 2,520 | 2,752 |
| Cost of revenue | 937 | 1,006 | 1,437 | 1,442 | 1,454 | 1,532 | 1,091 | 1,076 | 1,117 | 1,467 | 1,357 | 1,483 | 1,630 | 1,912 | 1,736 | 1,604 | 1,462 | 1,638 |
| Gross profit | 257 | 288 | 393 | 419 | 418 | 459 | 392 | 401 | 408 | 511 | 517 | 584 | 641 | 937 | 949 | 1,020 | 1,058 | 1,114 |
| Selling, general and administrative | 231 | 261 | 330 | 342 | 340 | 375 | 325 | 318 | 341 | 419 | 408 | 444 | 471 | 609 | 643 | 622 | 608 | 655 |
| Operating income | 25 | 23 | 56 | 72 | 64 | 78 | 67 | 82 | 67 | 93 | 109 | 140 | 171 | −189 | 197 | 398 | 206 | 459 |
| Interest expense | 13 | 12 | 48 | 52 | 53 | 48 | 48 | 50 | 52 | 66 | 68 | 67 | 63 | 84 | 101 | 104 | 96 | 88 |
| Net interest income | — | −12 | −47 | −52 | −52 | −48 | −48 | −50 | −51 | −64 | −68 | −66 | −63 | — | — | — | — | — |
| Income before tax | 20 | 14 | −14 | 22 | 14 | −6 | 19 | 32 | 17 | 34 | 46 | 67 | 110 | −271 | 113 | 297 | 127 | 383 |
| Income tax | 2 | 4 | −7 | 5 | 8 | −6 | 7 | 12 | −1 | 1 | 21 | 26 | 40 | 17 | 35 | 87 | 76 | 154 |
| Net income | 19 | 10 | −7 | 17 | 4 | −0 | 34 | 30 | 15 | 126 | 37 | 53 | 79 | −192 | 78 | 210 | 51 | 179 |
| Diluted EPS | $0.32 | $0.16 | −$0.13 | $0.30 | $0.07 | $0.00 | $0.73 | $0.68 | $0.35 | $2.96 | $0.87 | $1.19 | $1.48 | −$3.71 | $1.42 | $4.23 | $1.09 | $3.90 |
| Diluted shares (average) | 59m | 60m | 59m | 57m | 57m | 49m | 47m | 44m | 43m | 42m | 43m | 45m | 53m | 52m | 55m | 50m | 47m | 46m |
| EBITDA | — | 63 | 116 | 139 | 135 | 146 | 113 | 129 | 115 | 149 | 160 | 192 | 223 | −124 | 240 | 436 | 246 | 493 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 660 | 632 | 427 | 450 | 1,200 | 649 | 422 | 481 |
| Cost of revenue | 396 | 368 | 228 | 231 | 771 | 382 | 230 | 255 |
| Gross profit | 263 | 264 | 198 | 219 | 429 | 267 | 192 | 226 |
| Selling, general and administrative | 152 | 152 | 107 | 107 | 286 | 153 | 105 | 111 |
| Operating income | 112 | 112 | 91 | −132 | 143 | 113 | 87 | 116 |
| Interest expense | 26 | 25 | 24 | 24 | 23 | 22 | 21 | 21 |
| Income before tax | 87 | 97 | 68 | −156 | 136 | 90 | 65 | 92 |
| Income tax | 24 | 27 | 18 | −47 | 85 | 26 | 18 | 26 |
| Net income | 62 | 71 | 57 | −120 | 44 | 64 | 19 | 52 |
| Diluted EPS | $1.29 | $1.49 | $1.21 | −$2.65 | $0.93 | $1.41 | $0.42 | $1.14 |
| EBITDA | 121 | 122 | 97 | −126 | 154 | 123 | 94 | 122 |
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