Griffon Corporation, a diversified management and holding company conducting business through wholly-owned subsidiaries, is focused on acquiring, owning and operating businesses in a variety of industries. We are long-term investors with substantial experience in the industries which we serve. The company's four subsidiaries are: The AMES Companies, Clopay Building Products, Clopay Plastic Products, and Telephonics Corporation. 

Griffon's subsidiaries are industry leaders in their respective fields. Clopay Building Products is the largest manufacturer of residential garage doors in North America. The AMES Companies is a leading global manufacturer of non-powered lawn and garden tools and accessories. Clopay Plastic Products produces and develops highly engineered plastic films and laminates for a variety of hygienic, personal health care, and industrial uses in the United States, Western Europe, and Latin America. Telephonics specializes in advanced electronic information and communications systems for defense, aerospace and civil applications.

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Employee Rating

4.0More
TypePublic
HQNew York, US
Founded1959
Size (employees)4,700 (est)
Websitegriffon.com
Griffon was founded in 1959 and is headquartered in New York, US
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Key People/Management at Griffon

Ronald J. Kramer

Ronald J. Kramer

Chairman of the Board and Chief Executive Officer
Robert F. Mehmel

Robert F. Mehmel

President and Chief Operating Officer
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Griffon Office Locations

Griffon has an office in New York
New York, US (HQ)
712 Fifth Avenue 712 5th Ave
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Griffon Financials and Metrics

Griffon Revenue

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Griffon's revenue was reported to be $1.52 b in FY, 2017
USD

Revenue (Q3, 2018)

516.6m

Gross profit (Q3, 2018)

138.8m

Gross profit margin (Q3, 2018), %

26.9%

Net income (Q3, 2018)

5.8m

EBIT (Q3, 2018)

24.5m

Market capitalization (14-Dec-2018)

483.2m

Closing stock price (14-Dec-2018)

10.6

Cash (30-Sep-2018)

69.8m

EV

1.5b
Griffon's current market capitalization is $483.2 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.9b2.0b2.0b2.0b1.5b

Revenue growth, %

6%1%(3%)

Cost of goods sold

1.5b1.5b1.5b1.5b1.1b

Gross profit

417.6m459.4m475.8m473.4m408.1m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Revenue

511.7m494.1m500.1m462.2m467.1m495.8m473.3m437.3m516.6m

Cost of goods sold

388.2m378.0m386.0m342.8m351.0m380.2m357.4m316.5m377.8m

Gross profit

123.5m116.1m114.2m119.4m116.1m115.5m116.0m120.8m138.8m

Gross profit Margin, %

24%23%23%26%25%23%24%28%27%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

178.1m92.4m52.0m72.6m47.7m69.8m

Accounts Receivable

Inventories

230.1m290.1m325.8m308.9m299.4m398.4m

Current Assets

824.4m815.1m756.9m781.0m1.1b912.9m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Cash

95.4m69.9m87.4m46.6m42.6m46.0m50.0m54.3m68.6m52.3m47.4m69.4m84.4m63.8m

Inventories

266.9m256.7m278.5m319.4m320.3m318.2m334.5m311.6m314.1m323.2m316.8m339.4m359.8m395.8m

Current Assets

770.5m796.0m815.9m765.6m790.4m756.7m771.4m789.8m792.3m753.7m775.8m800.1m1.2b938.1m

PP&E

355.3m357.9m365.4m367.2m361.2m366.4m376.1m386.1m388.1m400.2m408.3m410.5m280.7m325.1m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

3.8m(177.0k)34.3m30.0m14.9m125.7m

Depreciation and Amortization

70.7m67.4m69.8m70.2m47.9m55.8m

Inventories

Accounts Payable

184.0m11.1m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Net Income

3.2m(22.6m)(8.1m)7.5m12.6m23.5m8.6m14.7m22.3m12.3m17.3m26.9m127.1m

Depreciation and Amortization

16.8m33.2m50.0m51.9m17.1m34.2m51.9m18.4m37.2m56.4m13.0m40.3m

Inventories

(33.9m)(36.5m)(9.1m)(16.3m)(28.1m)(49.5m)

Accounts Payable

(18.7m)181.1m201.1m182.4m175.6m166.8m161.7m161.4m161.1m170.3m
USDY, 2018

EV/EBIT

62.1 x

EV/CFO

-33.3 x

Debt/Equity

2.3 x

Debt/Assets

0.5 x

Financial Leverage

4.4 x
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Griffon Blogs

Griffon to Participate at Deutsche Bank 26th Annual Leveraged Finance Conference

NEW YORK --(BUSINESS WIRE)--Sep. 28, 2018-- Griffon Corporation (NYSE:GFF) today announced that it will present at the Deutsche Bank 26 th Annual Leveraged Finance Conference to be held at The Phoenician in Scottsdale, Arizona at 10:40 a.m. local time on Wednesday, October 3 rd .

Griffon Corporation Announces $50mm Share Buyback Authorization

NEW YORK --(BUSINESS WIRE)--Aug. 1, 2018-- The Board of Directors of Griffon Corporation (NYSE:GFF) (the “Company” or “Griffon”) authorized the repurchase of an additional $50 million of Griffon’s outstanding common stock. Accordingly, Griffon now has a total of $58.3 million available for the

Cheryl L. Turnbull

Cheryl L. Turnbull John.Bissaillo… Wed, 08/01/2018 - 15:09 Member of the Compensation Committee Cheryl L. Turnbull

Griffon Corporation Declares Quarterly Dividend

NEW YORK --(BUSINESS WIRE)--Aug. 1, 2018-- The Board of Directors of Griffon Corporation (NYSE:GFF) (the “Company” or “Griffon”) declared a regular quarterly cash dividend of $0.07 per share. The dividend is payable on September 20, 2018 to shareholders of record as of the close of business on

Griffon Corporation Schedules Conference Call To Discuss Third Quarter 2018 Financial Results

NEW YORK --(BUSINESS WIRE)--Jul. 25, 2018-- Griffon Corporation (NYSE:GFF) (the “Company” or “Griffon”) announced today that it will release the Company’s fiscal third quarter financial results Wednesday, August 1, 2018 , followed by a conference call at 4:30 PM ET .

Griffon Company Life and Culture

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Griffon Frequently Asked Questions

  • When was Griffon founded?

    Griffon was founded in 1959.

  • Who are Griffon key executives?

    Griffon's key executives are Ronald J. Kramer and Robert F. Mehmel.

  • How many employees does Griffon have?

    Griffon has 4,700 employees.

  • What is Griffon revenue?

    Latest Griffon annual revenue is $1.5 b.

  • What is Griffon revenue per employee?

    Latest Griffon revenue per employee is $324.5 k.

  • Who are Griffon competitors?

    Competitors of Griffon include Spectral Capital , Ford Motor Company and WisdomTree Investments.

  • Where is Griffon headquarters?

    Griffon headquarters is located at 712 Fifth Avenue 712 5th Ave, New York.

  • Where are Griffon offices?

    Griffon has an office in New York.

  • How many offices does Griffon have?

    Griffon has 1 office.