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GFFGriffon Corporation
$92.35$4.2B
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  4. Financial Ratios

Griffon Corporation (GFF) Financial Ratios

Latest Ratios: P/E Ratio 84.7x · EV/EBITDA 21.3x · ROE 34.2%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

GFF Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$4.2B$3.6B$3.5B$2.2B$1.5B$1.2B$817M$836M$637M$887M$697M
Enterprise Value$5.7B$5.0B$5.1B$3.7B$3.2B$2.2B$1.8B$1.9B$1.7B$1.8B$1.5B
P/E Ratio →84.7269.8616.5527.94—16.4537.8322.405.0758.9423.25
P/S Ratio1.681.411.330.810.540.540.400.380.320.580.36
P/B Ratio58.2848.0615.466.873.191.511.171.751.342.221.70
P/FCF13.9511.7111.265.9356.6016.319.6212.57—14.4551.19
P/OCF11.909.999.225.0521.9710.926.107.4730.589.216.68

P/E links to full P/E history page with 30-year chart

GFF EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—2.001.931.381.110.950.870.850.851.190.78
EV / EBITDA21.2718.7511.0414.15—9.729.439.4811.0915.5610.25
EV / EBIT27.7722.6012.6517.348.7212.5111.5813.3216.9926.6618.65
EV / FCF—16.6316.4110.17117.6228.9521.2528.10—29.62112.72

GFF Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin42.0%42.0%38.9%35.3%33.4%28.2%28.5%26.9%26.8%26.8%24.2%
Operating Margin8.2%8.2%15.2%7.3%-6.6%7.5%6.8%6.1%4.9%4.5%5.3%
Net Profit Margin2.0%2.0%8.0%2.9%-6.7%3.5%2.6%1.7%6.4%1.0%1.5%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE34.2%34.2%77.7%19.6%-29.8%10.5%9.1%7.8%28.8%3.7%7.1%
ROA2.3%2.3%8.8%3.0%-7.1%3.1%2.4%1.8%6.3%0.8%1.7%
ROIC9.1%9.1%16.2%7.4%-7.3%7.4%6.5%6.7%5.1%4.0%6.3%
ROCE11.0%11.0%19.5%8.8%-8.5%8.3%7.5%8.0%6.0%4.7%7.2%

GFF Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity21.5221.527.595.233.701.481.722.312.362.462.22
Debt / EBITDA5.915.913.726.29—5.366.305.607.368.386.08
Net Debt / Equity—20.187.084.913.441.171.412.162.222.342.04
Net Debt / EBITDA5.545.543.475.90—4.255.165.246.917.975.59
Debt / FCF—4.925.154.2461.0212.6511.6415.52—15.1761.53
Interest Coverage2.332.333.852.114.312.742.342.061.521.321.65

GFF Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio2.662.662.662.732.872.572.502.372.322.962.45
Quick Ratio1.341.341.441.321.291.681.571.241.312.151.48
Cash Ratio0.300.300.330.290.280.470.490.190.180.130.23
Asset Turnover—1.221.111.111.010.870.841.060.950.811.10
Inventory Turnover3.323.323.773.422.843.453.573.653.643.734.80
Days Sales Outstanding—42.1243.5142.4746.3447.3949.1843.6951.7649.8458.06

GFF Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield0.9%1.1%1.0%6.2%8.3%1.4%1.8%1.6%7.8%1.2%1.3%
Payout Ratio77.7%77.7%17.1%172.4%—21.6%27.2%36.7%39.6%69.2%29.3%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield1.2%1.4%6.0%3.6%—6.1%2.6%4.5%19.7%1.7%4.3%
FCF Yield7.2%8.5%8.9%16.9%1.8%6.1%10.4%8.0%—6.9%2.0%
Buyback Yield4.3%5.2%8.9%7.6%0.7%0.3%0.9%0.2%7.2%1.8%9.4%
Total Shareholder Yield5.2%6.3%9.9%13.7%9.0%1.7%2.7%1.8%15.0%2.9%10.6%
Shares Outstanding—$47M$50M$55M$52M$53M$45M$43M$42M$43M$44M

Key Metrics

Growth RegimeContracting
ProfitabilityStrained
Balance SheetVulnerable
Cash FlowMixed
Top Statement Risk

Capital Structure Instability

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q2)

Premium Multiples Defy Operational Contraction

According to current market data, GFF trades at a trailing P/E of 88.46, which appears significantly detached from the company's recent revenue contraction and suggests that investors are pricing in a recovery that remains unsupported by the current fundamental trajectory of the business.

The forward P/E of 18.54 implies a substantial expectation for earnings growth that contrasts sharply with the volatility observed in recent quarters. This valuation premium relative to peers like Masco Corporation warrants caution, as it suggests the market may be misinterpreting the company's cyclical downturn as a temporary trough rather than a structural shift.

Capital Efficiency Remains Subdued Historically

Based on reported financial statements, GFF's ROIC has struggled to exceed 5.7% over the last ten quarters, indicating that the company is failing to generate returns that meaningfully exceed its cost of capital despite its dominant market position in the garage door segment.

The persistent gap between ROIC and the company's historical cost of capital suggests that capital allocation decisions have not yet translated into sustainable value creation. Investors should monitor whether the recent rationalization of the asset base can drive a meaningful improvement in these returns or if the current structure remains inherently inefficient.

Working Capital Drag Impedes Liquidity

As reported in recent SEC filings, GFF's cash conversion cycle reached 129 days in 2026Q2, a significant increase from the 113 days observed in 2025Q1, reflecting growing challenges in managing inventory levels and collecting receivables amidst a softening demand environment for building products.

The rising DIO, which hit 122 days in the most recent quarter, suggests that the company is struggling to move inventory through its distribution channels efficiently. This buildup of inventory ties up critical liquidity and increases the risk of future write-downs if market conditions continue to deteriorate.

Debt-to-Equity Ratios Signal Vulnerability

According to the latest balance sheet data, GFF's debt-to-equity ratio has surged to 15.62 in 2026Q2, a dramatic escalation from the 7.59 level seen in 2024Q4, which indicates a precarious capital structure that leaves little room for operational error in a high-interest rate environment.

The erosion of the equity base, coupled with rising leverage, suggests that the company's financial flexibility is becoming increasingly constrained. While interest coverage remains above 4.0x, the rapid deterioration of the balance sheet warrants immediate investigation into the sustainability of current debt service obligations.

Misapplication of Net Income Metrics

As evidenced by the extreme volatility in quarterly net margins, investors frequently misapply net income as a proxy for GFF's core earning power, failing to account for the significant non-operating charges and portfolio restructuring costs that distort the company's true operational performance.

The reliance on net income obscures the underlying cash-generating capacity of the HBP and CPP segments, which are better evaluated through EBITDA or free cash flow metrics. Analysts should adjust for these non-recurring items to avoid overestimating the company's ability to sustain dividends and share repurchases.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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GFF — Frequently Asked Questions

Quick answers to the most common questions about buying GFF stock.

What is Griffon Corporation's P/E ratio?

Griffon Corporation's current P/E ratio is 84.7x. The historical average is 30.4x. This places it at the 96th percentile of its historical range.

What is Griffon Corporation's EV/EBITDA?

Griffon Corporation's current EV/EBITDA is 21.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.5x.

What is Griffon Corporation's ROE?

Griffon Corporation's return on equity (ROE) is 34.2%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 10.3%.

Is GFF stock overvalued?

Based on historical data, Griffon Corporation is trading at a P/E of 84.7x. This is at the 96th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Griffon Corporation's dividend yield?

Griffon Corporation's current dividend yield is 0.92% with a payout ratio of 77.7%.

What are Griffon Corporation's profit margins?

Griffon Corporation has 42.0% gross margin and 8.2% operating margin.

How much debt does Griffon Corporation have?

Griffon Corporation's Debt/EBITDA ratio is 5.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.