GFFGriffon Corporation

$100.66

Is the business good?

How good a business is GFF?

Griffon Corporation earns 28% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

28%

Return on invested capital · cost of capital 9.0% · 19 points above what the capital costs: growth creates value

Operating margin
17%

Operating margin · Building Products & Equipment median 16% · 12 months to Q3 2026

Cash conversion
1.66×

Cash conversion · 3.62× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−0.38%

Share count, year on year · flat: no meaningful dilution

Operating margin by fiscal year
YearOperating margin
FY20206.8%
FY20217.5%
FY2022−6.6%
FY20237.3%
FY202415%
FY20258.2%
Details
Gross margin12 months to Q3 2026
40%
Operating margin12 months to Q3 2026
17%
Net margin12 months to Q3 2026
6.5%
Free cash flow margin
11%
Revenue, trailing twelve months
$2.75B
Free cash flow, trailing twelve months
$297M
Net income, trailing twelve months
$179M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
28%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.