GFF
GRIFFON CORP
Next earnings Aug 4, 2026 (before open) · consensus $1.39 EPS, $463M rev
Last earnings -2.1% on 2026-05-07
$96.42
▲ +0.52%$96.42▲ +42.03%
over 1Y
L $66.26EODHDH $96.42
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.5%
1W+7.8%
1M+10.2%
3M+37.1%
YTD+29.1%
1Y+42.0%
Hold
Conviction
Horizon
Medium (3–12mo)
Street · 11 analysts
Strong Buy
Cash-generative Clopay franchise masked by $243.6M Hunter Fan impairment and razor-thin equity — fair price, not a screaming buy.
The read
Middling fundamentals and a rich price (~91% above fair value) leave little margin of safety — a wait-and-see.
The headline P/E of 87x is misleading. FY2025 net income of $51.1M absorbed a pre-tax, non-cash impairment charge of $136.6M on Hunter Fan goodwill plus $107M on the Hunter Fan trademark, both disclosed in MD&A as driven by 'ongoing weak consumer demand coupled with the impact of increased tariffs disrupting historical customer ordering patterns.' Strip those out and the underlying business is materially profitable: gross margin actually expanded to 42.0% from 38.9%, and operating cash flow held at $357M (only -5.9% YoY) while capex fell to $52.4M, yielding ~$305M of free cash. Management deployed $183M into buybacks and $39.7M into dividends — clearly the operators believe the cash engine is intact.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $2.27B | $2.85B | $2.69B | $2.62B | $2.52B |
| Gross profit | $641M | $937M | $949M | $1.02B | $1.06B |
| Operating income | $171M | -$189M | $197M | $398M | $206M |
| Net income | $79.2M | -$192M | $77.6M | $210M | $51.1M |
| Diluted EPS | $1.48 | -$3.71 | $1.42 | $4.23 | $1.09 |
| Net margin | 3.5% | -6.7% | 2.9% | 8.0% | 2.0% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$5.77B
EV / EBITDA23.5
EV / Sales2.3
EV / FCF18.9
P / FCF14.6
PEG (trailing)—
Earnings yield1.1%
FCF yield6.8%
Quality & risk
ROIC (est.)11.0%
Free cash flow$305M
Total debt$1.41B
Net cash-$1.31B
Altman Z-Score3.54 safe
Piotroski F-Score6/9
Capital returns
Buyback yield4.1%
Dividend yield (est.)0.9%
Shareholder yield5.0%
Shares Δ YoY-3.3%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has skewed negative — read the flagged items.
- 8-K Material agreement2026-06-11
Entered material agreement with FD disclosure & exhibits — likely financing/M&A action
- 8-K Earnings results2026-05-07
Q2 FY26 quarterly results filed; tracks against weaker FY25 baseline
- 10-Q Quarterly report2026-05-07
Q2 FY26 quarterly results filed; tracks against weaker FY25 baseline
- 8-K Shareholder vote2026-02-18
Annual meeting voting results disclosed — routine governance
- 10-Q Quarterly report2026-02-06
Q1 FY26 quarterly results filed
- 8-K Earnings results2026-02-05
Q1 FY26 earnings release furnished to investors
- DEF 14A Proxy statement2026-01-09
Annual proxy: director slate, say-on-pay and auditor ratification
- 8-K Earnings results2025-11-19
FY25 revenue -4%, $244M Hunter Fan impairment crushed EPS; HBP margins held
- 10-K Annual report2025-11-19
FY25 revenue -4%, $244M Hunter Fan impairment crushed EPS; HBP margins held
Recent filings
all on EDGAR ↗4Period ending 2026-06-242026-06-26open ↗4Period ending 2026-06-162026-06-18open ↗4Period ending 2026-06-122026-06-16open ↗4Period ending 2026-06-122026-06-15open ↗4Period ending 2026-06-112026-06-15open ↗144Filing2026-06-12open ↗144Filing2026-06-12open ↗144Filing2026-06-11open ↗8-KPeriod ending 2026-06-072026-06-11open ↗SDFiling2026-05-27open ↗10-QPeriod ending 2026-03-312026-05-07open ↗8-KPeriod ending 2026-05-072026-05-07open ↗
Frequently asked
- Is GRIFFON CORP (GFF) a buy?
- GFF currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Cash-generative Clopay franchise masked by $243.6M Hunter Fan impairment and razor-thin equity — fair price, not a screaming buy.
- What is GFF's fair value?
- A Modified-Graham model based on GFF's SEC fundamentals estimates a fair value of about $8.71. It is an estimate from reported earnings, not a price target.
- Is GFF overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, GFF currently appears overvalued relative to its SEC-grounded earnings power.
- What is GRIFFON CORP's quality score?
- GFF scores 53.19607843137255/100 (grade C-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000050725, latest 10-Q filed 2026-05-07) · EODHD · analysis by claude-code · as of 6/25/2026, 12:52:33 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.