Key Takeaways GFF posted Q1 adjusted EPS of $1.45, topping estimates and rising 4.3% year over year.GFF revenues climbed 3% to $649.1M, led by pricing gains in Home and Building Products.GFF's Consumer and Professional Products EBITDA jumped 19% on higher revenues and volumes.Griffon Corporation (GFF) reported first-quarter fiscal 2026 (ended December 2025) adjusted earnings of $1.45 per share, which beat the Zacks Consensus Estimate of $1.34. The bottom line increased 4.3% year over year.Total revenues of ...

Revenue and Income - Revenue for the three months ended December 31, 2025, was $649,088, an increase of 2.3% compared to $632,371 for the same period in 2024[14] - Net income decreased to $64,387 for Q4 2025, down 9.3% from $70,851 in Q4 2024[14] - Basic earnings per share for Q4 2025 was $1.44, compared to $1.56 in Q4 2024, reflecting a decline of 7.7%[14] - Net income for the three months ended December 31, 2025, was $64,387, a decrease of 9.3% from $70,851 in 2024[18] - Adjusted net income for the quarter was $66,302 or $1.45 per share, compared to $65,873 or $1.39 per share in the prior year quarter[129] Assets and Liabilities - Total current assets as of December 31, 2025, were $873,385, a decrease from $890,594 as of September 30, 2025[9] - Total liabilities decreased to $1,945,899 as of December 31, 2025, from $1,989,665 as of September 30, 2025[9] - Total shareholders' equity increased to $108,903 as of December 31, 2025, compared to $73,972 as of September 30, 2025[9] - Total assets as of December 31, 2025, were $1.713 billion, with total liabilities of $1.859 billion[179] - Current liabilities as of December 31, 2025, were $271.911 million, while long-term debt stood at $1.346 billion[179] Cash Flow and Dividends - Net cash provided by operating activities was $106,992, down 25.1% from $142,922 in the previous year[18] - The company paid dividends of $0.22 per common share in Q4 2025, up from $0.18 in Q4 2024[14] - The Company paid a quarterly cash dividend of $0.22 per share during the three months ended December 31, 2025, totaling $1,855 in accrued dividends[60] - Cash used in financing activities was $101,554 for the three months ended December 31, 2025, including $30,308 for share repurchases and $11,196 in dividends[152] Segment Performance - Home and Building Products segment revenue was $408,004,000 for the three months ended December 31, 2025, compared to $395,401,000 in 2024, reflecting a growth of 3.9%[74] - Consumer and Professional Products segment revenue increased to $241,084,000 in the three months ended December 31, 2025, from $236,970,000 in 2024, a growth of 1.3%[74] - Segment adjusted EBITDA for Home and Building Products was $122,835,000 for the three months ended December 31, 2025, down from $127,042,000 in 2024[80] - Segment adjusted EBITDA for Consumer and Professional Products increased to $21,730,000 in the three months ended December 31, 2025, from $18,192,000 in 2024, a growth of 19.4%[80] Strategic Initiatives - Griffon announced a joint venture with ONCAP, receiving $100,000 in cash and a $161,100 second-lien loan, with a 43% equity interest in the new entity[22] - The company is conducting a comprehensive review of strategic alternatives for its AMES Australia and AMES United Kingdom operations, which will be reported as discontinued operations starting Q2 2026[22] - Griffon plans to report AMES' U.S., Canada, Australia, and U.K. operations as discontinued operations starting from Q2 2026[116] - The company has undertaken a series of transformative transactions since 2017, including the divestiture of its specialty plastics and defense electronics businesses to focus on core markets[121] Financial Ratios and Debt - As of December 31, 2025, Griffon Corporation's total long-term debt was $1,364,159, with a long-term debt balance of $1,356,040 after accounting for the current portion[51] - The net debt to EBITDA leverage ratio was 2.3x at December 31, 2025, indicating the company's borrowing capacity[171] - The Term Loan B outstanding balance as of December 31, 2025, was $389,000, with a fair value of approximately $390,459[54] - The outstanding balance of Senior Notes due 2028 was $974,775, with an interest rate of 5.75%[53] Other Comprehensive Income and Expenses - Other comprehensive income for Q4 2025 was $4,552, contrasting with a loss of $17,699 in Q4 2024[14] - The company recognized a tax provision of $25,579 on income before taxes of $89,966 for the quarter ended December 31, 2025, compared to a tax provision of $26,569 on income before taxes of $97,420 in the prior year quarter[50] - The Company recognized a net periodic benefit of $(137) for the pension plan in Q1 2025, compared to $(301) in Q1 2024[87] Risks and Market Conditions - Griffon anticipates that future operating results will depend significantly on the success of its largest customers and ongoing relationships with them[175] - The company faces risks including economic conditions, competition, and potential loss of major customers, which could materially impact operations[184]

Griffon (GFF) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +8.48%. A quarter ago, it was expected that this garage door and building products maker would post earnings of $1.56 per share when it actually produced earnings of $1.54, delivering a surprise of -1.28%.Over the last four ...

Griffon (NYSE:GFF) Q1 2026 Earnings call February 05, 2026 08:30 AM ET Company ParticipantsBrian Harris - CFOLee Jagoda - Senior Managing DirectorRon Kramer - Chairman and CEOConference Call ParticipantsCollin Verron - Stock AnalystJulio Romero - AnalystSam Darkatsh - AnalystTim Wojs - Senior Research AnalystTrey Grooms - AnalystOperatorGreetings, and welcome to the Griffon Corporation Fiscal First Quarter 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-an ...

Griffon (NYSE:GFF) Q1 2026 Earnings call February 05, 2026 08:30 AM ET Company ParticipantsBrian Harris - CFOLee Jagoda - Senior Managing DirectorRon Kramer - Chairman and CEOConference Call ParticipantsCollin Verron - Stock AnalystJulio Romero - AnalystSam Darkatsh - AnalystTim Wojs - Senior Research AnalystTrey Grooms - AnalystOperatorGreetings, and welcome to the Griffon Corporation Fiscal First Quarter 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-an ...

Griffon (NYSE:GFF) Q1 2026 Earnings call February 05, 2026 08:30 AM ET Speaker4Greetings, and welcome to the Griffon Corporation Fiscal First Quarter 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to you ...

Q1 FY26 INVESTOR PRESENTATION February 2026 GRIFFON OVERVIEW $2.5B $579M $3.8B 23% $1.3B 5,173 Revenue Adj. EBITDA Market Cap 1 Adj. EBITDA Margin Net debt 2 Employees BREAKDOWN BY OPERATING SEGMENT CPP 37% Adjusted EBITDA (excl. unallocated) ($millions) Revenue U.S. 81% Int'l 19% $490 $89 CPP HBP HBP 63% Attractive portfolio of iconic, well -respected, and industry leading brands Copyright © 2025 Griffon Corporation. All rights reserved. Well - positioned to capitalize on long -term growth trends in repair ...

Revenue and Income - Revenue for Q1 2026 totaled $649.1 million, a 3% increase from $632.4 million in Q1 2025[2] - Net income for Q1 2026 was $64.4 million, or $1.41 per share, compared to $70.9 million, or $1.49 per share in Q1 2025[3] - Revenue for the three months ended December 31, 2025, was $649,088,000, an increase from $632,371,000 in 2024, representing a growth of 2.3%[27] - Net income for Q4 2025 was $64,387,000, compared to $70,851,000 in Q4 2024, reflecting a decline of 9.1%[27] - Basic earnings per share for Q4 2025 was $1.44, a decrease from $1.56 in Q4 2024, representing a decline of 7.7%[27] Adjusted Metrics - Adjusted EBITDA for Q1 2026 was $129.6 million, a 1% decrease from $131.2 million in Q1 2025[4] - Adjusted net income for Q4 2025 was $66,302,000, compared to $65,873,000 in Q4 2024, indicating a slight increase of 0.7%[32] Segment Performance - Home and Building Products segment revenue increased 3% to $408.0 million, driven by favorable pricing and mix[5] - Consumer and Professional Products segment revenue increased 2% to $241.1 million, primarily due to price and mix[7] Cash Flow and Expenditures - Free cash flow for Q1 2026 was $99 million, with capital expenditures of $7.7 million[5][9] - Free cash flow (FCF) for Q4 2025 was $99,330,000, down from $142,686,000 in Q4 2024, a decrease of 30.4%[24] Debt and Leverage - Total debt outstanding as of December 31, 2025, was $1.35 billion, with net debt of $1.26 billion[9] - The leverage ratio (net debt to EBITDA) improved to 2.3x as of December 31, 2025, down from 2.4x in both September 30, 2025, and December 31, 2024[24] Shareholder Returns - Share repurchases in Q1 2026 totaled 0.2 million shares for $18.1 million, with $280.0 million remaining under the repurchase program[10] - The company paid dividends of $0.22 per share in Q4 2025, up from $0.18 per share in Q4 2024[27] Assets and Cash Position - Total assets as of December 31, 2025, were $2,054,802,000, a slight decrease from $2,063,637,000 as of September 30, 2025[29] - Cash and equivalents at the end of Q4 2025 were $95,280,000, down from $151,952,000 at the end of Q4 2024[31] Future Outlook - Griffon expects fiscal 2026 revenue from continuing operations to be $1.8 billion and Adjusted EBITDA to be $520 million[13] - The company announced a joint venture with ONCAP for CPP's AMES U.S. and Canada businesses[11] Non-Cash Charges and Tax Provisions - For the three months ended December 31, 2025, the company recognized a non-cash charge of $1,609 related to the establishment of a retiree medical plan[33] - The company will recognize an additional non-cash charge of $5,362 ratably over the first 10 months of fiscal 2026[33] - The tax impact for reconciling adjustments from GAAP net income to non-GAAP adjusted net income is determined by comparing the company's tax provision including adjustments to the tax provision excluding such adjustments[34] - Discrete tax provisions primarily relate to the impact of a rate differential between statutory and annual effective tax rates on items impacting the quarter[34]

NEW YORK,--(BUSINESS WIRE)--Griffon Corporation ("Griffon†or the "Company†) (NYSE:GFF) today reported results for the fiscal 2026 first quarter ended December 31, 2025. Revenue for the first quarter totaled $649.1 million, a 3% increase compared to $632.4 million in the prior year quarter. Net income totaled $64.4 million, or $1.41 per share, compared to $70.9 million, or $1.49 per share, in the prior year quarter. Excluding all items that affect comparability from both periods, adjusted net i. ...

Core Viewpoint - Griffon Corporation is implementing strategic actions to streamline its portfolio and enhance shareholder value, aiming to become a pure-play North American building products company focused on residential and commercial markets [1] Group 1: Strategic Actions - The company will focus on leading positions in residential garage doors, commercial sectional doors, rolling steel doors, grille products, and ceiling fans for both residential and commercial sectors [1]