Griffon Corp (GFF) financial statements: income statement, balance sheet and cash flow

Griffon Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Sep 30, 2025 · FY), Griffon Corp reported revenue of $2.5B (-3.9% year on year) and net income of $51.1M (-75.6% year on year).

Income statement

Griffon Corp income statement, fiscal years

Line item	Sep 30, 2025 · FY	Sep 30, 2024 · FY	Sep 30, 2023 · FY	Sep 30, 2022 · FY
Revenue	$2.5B	$2.6B	$2.7B	$2.8B
Cost of goods and services	$1.5B	$1.6B	$1.7B	$1.9B
Gross profit	$1.1B	$1.0B	$948.8M	$936.9M
Selling, general and administrative expenses	$608.1M	$621.6M	$642.7M	$608.9M
Goodwill and intangible asset impairments	$243.6M	$0	$109.2M	$517.0M
Total operating expenses	$851.7M	$621.6M	$751.9M	$1.1B
Income from operations	$206.3M	$398.3M	$196.9M	($189.1M)
Interest expense	($96.0M)	($104.1M)	($101.4M)	($84.4M)
Interest income	$2.2M	$2.4M	$2.1M	$215.0K
Gain (loss) on sale of real estate	$8.3M	($61.0K)	$12.7M	—
Debt extinguishment, net	$0	($1.7M)	($437.0K)	($4.5M)
Other, net	$6.7M	$1.8M	$2.9M	$6.9M
Total other income (expense)	($78.9M)	($101.6M)	($84.2M)	($81.8M)
Income before taxes	$127.4M	$296.6M	$112.7M	($270.9M)
Provision for income taxes	$76.3M	$86.8M	$35.1M	$16.8M
Net income	$51.1M	$209.9M	$77.6M	($191.6M)
Basic earnings per common share (in usd per share)	$1.13	$4.41	$1.49	-$3.71
Weighted-average shares outstanding - basic (in shares)	45.4M	47.6M	52.1M	51.7M
Diluted earnings per common share (in usd per share)	$1.09	$4.23	$1.42	-$3.71
Weighted-average shares outstanding - diluted (in shares)	46.7M	49.7M	54.6M	51.7M
Foreign currency translation adjustments	($6.6M)	$10.1M	$8.4M	($37.9M)
Pension and other post retirement plans	($8.4M)	$1.5M	$6.6M	$1.5M
Gain (loss) on cash flow hedge	$1.0M	$311.0K	($2.4M)	($344.0K)
Total other comprehensive income (loss), net of taxes	($13.9M)	$12.0M	$12.7M	($36.8M)
Comprehensive income	$37.2M	$221.9M	$90.3M	($228.3M)

Griffon Corp income statement, quarters

Line item	Jun 30, 2026 · Q3	Mar 31, 2026 · Q2	Dec 31, 2025 · Q1	Jun 30, 2025 · Q3
Revenue	$481.4M	$421.9M	$649.1M	$613.6M
Cost of goods and services	$255.3M	$229.9M	$382.3M	$348.4M
Gross profit	$226.1M	$192.0M	$266.8M	$265.2M
Selling, general and administrative expenses	$110.6M	$104.6M	$153.4M	$147.6M
Goodwill and intangible asset impairments	$0	—	—	$243.6M
Total operating expenses	$110.6M	—	—	$391.2M
Income (loss) from continuing operations	$115.5M	$87.3M	$113.4M	($126.0M)
Interest expense	($21.1M)	($21.1M)	($22.1M)	($24.1M)
Interest income	$1.0M	$4.0K	$357.0K	$569.0K
Loss from debt extinguishment	($833.0K)	$0	($556.0K)	$0
Other, net	($2.6M)	($1.2M)	($1.1M)	$247.0K
Total other expense, net	($23.5M)	($22.4M)	($23.4M)	($23.2M)
Income (loss) before taxes from continuing operations	$92.0M	$65.0M	$90.0M	($149.2M)
Provision (benefit) for income taxes from continuing operations	$25.7M	$18.0M	$25.6M	($29.1M)
Income (loss) from continuing operations	$66.3M	$46.9M	—	—
Income (loss) from operations of discontinued operations	($6.9M)	—	—	—
Provision for income taxes	$7.7M	—	—	—
Income (loss) from discontinued operations	($14.7M)	—	—	—
Net income (loss)	$51.6M	$19.3M	$64.4M	($120.1M)
Income (loss) from continuing operations (in dollars per share)	$1.51	$1.05	—	—
Basic earnings (loss) per common share (in dollars per share)	$1.17	$0.43	$1.44	-$2.65
Basic weighted-average shares outstanding (in shares)	44.0M	44.6M	44.7M	45.3M
Income (loss) from continuing operations (in dollars per share)	$1.47	$1.03	—	—
Income (loss) from discontinued operations (in dollars per share)	-$0.33	-$0.62	—	—
Diluted earnings (loss) per common share (in dollars per share)	$1.14	$0.42	$1.41	-$2.65
Diluted weighted-average shares outstanding (in shares)	45.1M	45.7M	45.8M	45.3M
Dividends paid per common share (in dollars per share)	$0.22	$0.22	$0.22	$0.18
Foreign currency translation adjustments	$1.5M	$1.0M	$3.6M	$12.2M
Pension and other post retirement plans	$1.8M	$1.9M	$1.9M	$897.0K
Change in cash flow hedges	$1.2M	($773.0K)	($977.0K)	($695.0K)
Total other comprehensive income (loss), net of taxes	$4.5M	$2.2M	$4.6M	$12.4M
Comprehensive income (loss), net	$56.1M	$21.5M	$68.9M	($107.7M)

Balance sheet

Griffon Corp balance sheet, fiscal years

Line item	Sep 30, 2025 · FY	Sep 30, 2024 · FY	Sep 30, 2023 · FY	Sep 30, 2022 · FY
Cash and equivalents	$99.0M	$114.4M	$102.9M	$120.2M
Accounts receivable, net of allowances of $10,086 and $10,986	$290.8M	$312.8M	$312.4M	$361.7M
Inventories	$440.8M	$425.5M	$507.1M	$669.2M
Prepaid and other current assets	$53.1M	$61.6M	$57.1M	$62.5M
Assets held for sale	$5.6M	$14.5M	—	—
Assets of discontinued operations	$1.3M	$648.0K	$1.0M	$1.2M
Total Current Assets	$890.6M	$929.5M	$980.6M	$1.2B
PROPERTY, PLANT AND EQUIPMENT, net	$293.5M	$288.3M	$279.2M	$294.6M
OPERATING LEASE RIGHT-OF-USE ASSETS	$167.8M	$171.2M	$169.9M	$183.4M
GOODWILL	$192.9M	$329.4M	$327.9M	$335.8M
INTANGIBLE ASSETS, net	$488.1M	$618.8M	$635.2M	$761.9M
OTHER ASSETS	$26.0M	$30.4M	$21.7M	$21.6M
ASSETS OF DISCONTINUED OPERATIONS	$4.7M	$3.4M	$4.3M	—
Total Assets	$2.1B	$2.4B	$2.4B	$2.8B
Notes payable and current portion of long-term debt	$8.1M	$8.2M	$9.6M	$12.7M
Accounts payable	$137.5M	$119.4M	$116.6M	$194.8M
Accrued liabilities	$152.7M	$181.9M	$193.1M	$171.8M
Current portion of operating lease liabilities	$32.3M	$35.1M	$32.6M	$31.7M
Liabilities of discontinued operations	$4.0M	$4.5M	$7.1M	$12.7M
Total Current Liabilities	$334.6M	$349.0M	$359.1M	$423.6M
LONG-TERM DEBT, net	$1.4B	$1.5B	$1.5B	$1.6B
LONG-TERM OPERATING LEASE LIABILITIES	$147.2M	$147.4M	$147.2M	$159.4M
OTHER LIABILITIES	$98.7M	$130.5M	$132.7M	$190.7M
LIABILITIES OF DISCONTINUED OPERATIONS	$4.8M	$3.3M	$4.7M	$4.3M
Total Liabilities	$2.0B	$2.1B	$2.1B	$2.3B
Preferred stock, par value $0.25 per share, authorized 3,000 shares, no shares issued	$0.00	$0.00	$0.00	$0.00
Common stock, par value $0.25 per share, authorized 85,000 shares, issued shares of 84,746 in both 2025 and 2024	$21187000.00	$21187000.00	$21187000.00	$21187000.00
Capital in excess of par value	$690.2M	$677.0M	$662.7M	$628.0M
Retained earnings	$479.0M	$461.4M	$281.5M	$344.1M
Treasury shares, at cost, 38,400 common shares and 36,443 common shares as of September 30, 2025 and 2024, respectively	-1.0B	-876.5M	-577.7M	—
Accumulated other comprehensive loss	($71.9M)	($58.0M)	($70.0M)	($82.7M)
Deferred compensation	$0	($218.0K)	($2.4M)	($12.8M)
Total Shareholders’ Equity	$74.0M	$224.9M	$315.2M	$477.6M
Total Liabilities and Shareholders’ Equity	$2.1B	$2.4B	$2.4B	$2.8B

Griffon Corp balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Jun 30, 2025
Cash and equivalents	$110.3M	$109.7M	$95.3M	$107.3M
Accounts receivable, net of allowances of $4,205 and $5,641	$201.7M	$200.9M	$274.0M	$271.6M
Inventories	$185.5M	$184.2M	$440.3M	$445.9M
Prepaid and other current assets	$54.6M	$39.3M	$57.0M	$80.9M
Assets of discontinued operations	$171.5M	—	$1.3M	$1.3M
Total Current Assets	$723.6M	$1.2B	$873.4M	$912.3M
PROPERTY, PLANT AND EQUIPMENT, net	$204.7M	$202.6M	$293.1M	$292.4M
OPERATING LEASE RIGHT-OF-USE ASSETS	$65.3M	$68.4M	$181.2M	$162.8M
GOODWILL	$191.3M	$191.3M	$192.9M	$192.9M
INTANGIBLE ASSETS, net	$346.8M	$350.0M	$483.3M	$493.8M
EQUITY METHOD INVESTMENT	$118.6M	—	—	—
NOTES RECEIVABLE (related party)	$162.0M	—	—	—
OTHER ASSETS	$23.7M	$24.2M	$26.2M	$28.4M
Total Assets	$1.8B	$2.1B	$2.1B	$2.1B
Notes payable and current portion of long-term debt	$8.0M	$8.0M	$8.1M	$8.1M
Accounts payable	$91.0M	$84.8M	$138.8M	$130.8M
Accrued liabilities	$130.6M	$92.6M	$157.3M	$162.5M
Current portion of operating lease liabilities	$16.8M	$17.2M	$34.4M	$32.0M
Liabilities of discontinued operations held for sale	$53.8M	$226.9M	$3.2M	$4.5M
Total Current Liabilities	$300.2M	$429.6M	$341.8M	$338.0M
LONG-TERM DEBT, net	$1.3B	$1.4B	$1.3B	$1.4B
LONG-TERM OPERATING LEASE LIABILITIES	$52.5M	$55.2M	$159.3M	$142.2M
OTHER LIABILITIES	$94.6M	$92.2M	$93.9M	$95.9M
Total Liabilities	$1.7B	$2.0B	$1.9B	$2.0B
Total Shareholders’ Equity	$129.2M	$94.4M	$108.9M	$63.9M
Total Liabilities and Shareholders’ Equity	$1.8B	$2.1B	$2.1B	$2.1B

Cash flow statement

Griffon Corp cash flow statement, fiscal years

Line item	Sep 30, 2025 · FY	Sep 30, 2024 · FY	Sep 30, 2023 · FY	Sep 30, 2022 · FY
Net income	$51.1M	$209.9M	$77.6M	($191.6M)
Depreciation and amortization	$63.0M	$60.7M	$65.4M	$64.7M
Fair value write-up of acquired inventory sold	$0	$491.0K	$0	$5.4M
Stock-based compensation	$25.5M	$26.8M	$41.1M	$33.1M
Goodwill and intangible asset impairments	$243.6M	$0	$109.2M	$517.0M
Asset impairment charges - restructuring	$0	$23.8M	$58.9M	$4.8M
Provision for losses on accounts receivable	$566.0K	$636.0K	$1.3M	$1.4M
Amortization of deferred financing costs and debt discounts	$4.2M	$4.2M	$4.2M	$3.8M
Debt extinguishment, net	$0	$1.7M	$437.0K	$4.5M
Deferred income tax provision (benefit)	($28.5M)	$3.6M	($37.8M)	($56.7M)
Gain on sale of real estate	($8.3M)	($61.0K)	($13.0M)	($469.0K)
Decrease in accounts receivable	$18.9M	$4.2M	—	—
(Increase) decrease in inventories	($18.3M)	$73.6M	$129.2M	($106.8M)
(Increase) decrease in prepaid and other assets	($14.2M)	($925.0K)	$621.0K	($20.0M)
Increase (decrease) in accounts payable, accrued liabilities, income taxes payable and operating lease liabilities	$17.9M	($30.7M)	($67.8M)	—
Other changes, net	$2.0M	$2.1M	$11.5M	$13.2M
Net cash provided by operating activities	$357.4M	$380.0M	$431.8M	$59.2M
Acquisition of property, plant and equipment	($52.4M)	($68.4M)	($63.6M)	($42.5M)
Acquired business, net of cash acquired	$0	($14.6M)	$0	($851.5M)
Proceeds (payments) from sale of business, net	$0	$3.5M	($2.6M)	—
Proceeds from sale of property, plant and equipment	$18.0M	$14.5M	$21.0M	$90.0K
Net cash used in investing activities	($34.4M)	($65.0M)	($45.2M)	($583.2M)
Dividends paid	($39.7M)	($35.8M)	($133.8M)	($126.7M)
Purchase of shares for treasury	-183.3M	-309.9M	-164.0M	-10.9M
Proceeds from long-term debt	$63.0M	$217.0M	$122.6M	$1.1B
Payments of long-term debt	($178.7M)	($168.8M)	($221.8M)	($511.2M)
Financing costs	$0	($907.0K)	($3.0M)	($17.1M)
Other, net	($130.0K)	($341.0K)	($130.0K)	$258.0K
Net cash used in financing activities	($338.7M)	($298.7M)	($400.2M)	$393.3M
Net cash used in operating activities	($1.4M)	($2.8M)	($3.0M)	$10.2M
Net cash provided by investing activities	$137.0K	$0	$0	($2.6M)
Net cash used in discontinued operations	($1.3M)	($2.8M)	($3.0M)	$7.6M
Effect of exchange rate changes on cash and equivalents	$1.6M	($2.0M)	($693.0K)	($5.4M)
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS	($15.4M)	$11.5M	($17.3M)	($128.5M)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD	$114.4M	$102.9M	$120.2M	$248.7M
CASH AND EQUIVALENTS AT END OF PERIOD	$99.0M	$114.4M	$102.9M	$120.2M
Cash Interest	$92.9M	$100.7M	$99.8M	$78.3M
Cash paid for taxes	$96.2M	$103.0M	$70.9M	$80.3M
Capital expenditures in accounts payable	$1.0M	—	—	—

Griffon Corp cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · YTD	Dec 31, 2025 · Q1	Jun 30, 2025 · YTD
Net income	$135.3M	$83.7M	$64.4M	$7.5M
Net loss (income) from discontinued operations	$33.5M	$18.8M	—	—
Income from continuing operations	$168.8M	$102.5M	—	—
Depreciation and amortization	$29.9M	$19.6M	$15.7M	$47.1M
Paid-in-kind interest	($939.0K)	—	—	—
Stock-based compensation	$20.7M	$13.8M	$6.4M	$17.9M
Goodwill and intangible asset impairments	$0	—	—	$243.6M
Provision (recovery) for losses on accounts receivable	$174.0K	$216.0K	$1.9M	$731.0K
Amortization of debt discounts and issuance costs	$3.0M	$2.0M	$1.1M	$3.1M
Loss from debt extinguishment	$1.4M	$556.0K	$556.0K	$0
Pension and other post-retirement non-cash charges	$5.3M	$3.9M	$2.3M	—
Deferred income tax provision (benefit)	($124.0K)	($124.0K)	—	($25.0M)
Increase in accounts receivable	($4.9M)	($2.0M)	$15.8M	$38.3M
Increase in inventories	($14.0M)	($12.5M)	$1.9M	($22.6M)
(Increase) decrease in prepaid and other assets	($11.1M)	$797.0K	($3.5M)	$2.2M
Increase (decrease) in accounts payable, accrued liabilities and other liabilities	$18.8M	($9.9M)	—	—
Other changes	$1.1M	($507.0K)	$154.0K	$1.3M
Net cash provided by operating activities - continuing operations	$217.9M	$118.3M	$107.0M	$282.5M
Acquisition of property, plant and equipment	($23.7M)	($17.7M)	($7.7M)	($39.9M)
Proceeds from sale of business	$100.0M	—	—	—
Other, net	$0	$0	—	—
Net cash provided by (used in) investing activities - continuing operations	$76.3M	($17.7M)	—	($22.0M)
Dividends paid	($30.9M)	($21.2M)	($11.2M)	($31.6M)
Purchase of shares for treasury	-119.1M	-64.5M	-30.3M	-161.7M
Proceeds from long-term debt	$50.0M	$50.0M	—	$63.0M
Payments of long-term debt	($199.0M)	($62.0M)	($60.0M)	($139.1M)
Other, net	($238.0K)	($69.0K)	($12.0K)	($90.0K)
Net cash used in financing activities - continuing operations	($299.3M)	($97.8M)	—	—
Net cash provided by operating activities	$20.9M	$10.9M	($730.0K)	($820.0K)
Net cash provided by (used in) investing activities	($3.6M)	($2.1M)	—	$137.0K
Net cash used in financing activities	($78.0K)	($60.0K)	($101.6M)	($269.5M)
Net cash provided by discontinued operations	$17.2M	$8.7M	($730.0K)	($683.0K)
Effect of exchange rate changes on cash and equivalents	($839.0K)	($982.0K)	($811.0K)	$2.6M
NET INCREASE (DECREASE) IN CASH AND EQUIVALENTS	$11.3M	$10.6M	($3.8M)	($7.2M)
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD	$99.0M	$99.0M	$99.0M	$114.4M
CASH AND EQUIVALENTS AT END OF PERIOD	$110.3M	$109.7M	$95.3M	$107.3M
Capital expenditures in accounts payable	$4.3M	$2.0M	$1.6M	$5.3M

Griffon Corp score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.