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Griffon Corporation logo
Griffon Corporation GFF
$ 104.4 -2.78%
report update icon

Quarterly report 2026-Q3
added 08-05-2026

Griffon Corporation Balance Sheet 2025-2008 | GFF

Brief overview of Griffon Corporation's financial position

Balance sheet changes are traced across five available annual reports between 2021 and 2025.

The asset base decreased -20.8%, from $2.6 billion to $2.1 billion. Resources became smaller over the five periods.

Liabilities expanded faster than the asset base, +10.7% versus -20.8%. Debt-service capacity deserves attention.

The equity ratio is 3.6%, compared with 31% before. Low autonomy increases reliance on liabilities.

Net debt to equity is high at 18.08x; refinancing risk and borrowing costs become more important.

Cash accounts for 4.8% of assets versus 9.5% initially. The change indicates the degree of financial flexibility.

Accumulated earnings ended at $479 million, a change of . They remain an important part of the capital base.

What the balance sheet shows

Griffon Corporation's balance sheet looks stretched: reliance on liabilities and a limited capital cushion increase sensitivity to weaker results.

Annual Balance Sheet Griffon Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Net Debt

1.34 B 1.44 B 1.39 B 1.47 B 827 M 829 M 1.03 B 1.05 B 931 M 864 M 792 M 721 M 511 M 490 M 470 M 355 M - -

Long Term Debt

1.4 B 1.52 B 1.46 B 1.56 B 1.05 B 1.04 B 1.09 B 1.11 B 968 M 914 M 827 M 805 M 678 M 682 M 688 M 504 M - -

Long Term Debt Current

32.3 M 35.1 M 32.6 M 31.7 M 29.9 M 31.8 M 10.5 M 13 M 11.1 M 22.6 M 16.6 M 7.89 M 10.8 M 17.7 M 25.2 M 20.9 M - -

Total Non Current Liabilities

- - - - - 1.31 B 1.21 B 1.22 B 1.1 B 1.05 B 977 M 957 M 854 M 879 M 898 M - - -

Total Current Liabilities

335 M 349 M 359 M 424 M 532 M 449 M 390 M 401 M 371 M 318 M 324 M 331 M 284 M 273 M 315 M 340 M - -

Total Liabilities

1.99 B 2.15 B 2.1 B 2.34 B 1.8 B 1.76 B 1.6 B 1.61 B 1.47 B 1.37 B 1.3 B 1.29 B 1.14 B 1.15 B 1.21 B 1.04 B - -

Retained Earnings

479 M 461 M 282 M 344 M - 608 M 569 M 551 M 480 M 476 M 455 M 428 M 434 M 436 M 424 M 432 M - -

Total Assets

2.06 B 2.37 B 2.42 B 2.82 B 2.6 B 2.46 B 2.07 B 2.08 B 1.87 B 1.78 B 1.73 B 1.82 B 1.79 B 1.81 B 1.87 B 1.75 B - -

Cash and Cash Equivalents

99 M 114 M 103 M 120 M 249 M 218 M 72.4 M 69.8 M 47.7 M 72.6 M 52 M 92.4 M 178 M 210 M 243 M 170 M 321 M 312 M

Book Value

74 M 225 M 315 M 478 M 807 M 700 M 478 M 474 M 399 M 411 M 431 M 532 M 650 M 654 M 652 M 711 M - -

Total Shareholders Equity

74 M 225 M 315 M 478 M 807 M 700 M 478 M 469 M 399 M 411 M 431 M 532 M 650 M 654 M 652 M 711 M 688 M 665 M

All numbers in USD currency

Quarterly Balance Sheet Griffon Corporation

2026-Q3 2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

1.26 B 1.39 B 1.35 B 1.44 B 1.44 B 1.53 B 1.47 B 1.5 B 1.5 B 1.58 B 1.43 B 1.54 B - - 1.51 B 1.56 B - 1.94 B 1.04 B 1.03 B 1.04 B 1.03 B 1.04 B 1.04 B 1.04 B 1.04 B 1.14 B 1.09 B 1.09 B 1.09 B 1.14 B 1.11 B 1.11 B 1.11 B 1.24 B 968 M 968 M 968 M 939 M 897 M 914 M 914 M 886 M 827 M 827 M 827 M 803 M 791 M 791 M 805 M 715 M 678 M 678 M 678 M 680 M 682 M 682 M 682 M 685 M 688 M 688 M 688 M

Total Liabilities

1.71 B 1.97 B 1.95 B 2.02 B 2.02 B 2.13 B 2.1 B 2.16 B 2.16 B 2.22 B 2.11 B 2.24 B - - 2.25 B 2.34 B - 2.9 B 1.77 B 1.8 B 1.76 B 1.8 B 1.74 B 1.75 B 1.75 B 1.75 B 1.76 B 1.6 B 1.6 B 1.6 B 1.6 B 1.62 B 1.62 B 1.62 B 1.75 B 1.47 B 1.47 B 1.47 B 1.36 B 1.37 B 1.37 B 1.37 B 1.31 B 1.28 B 1.3 B 1.3 B 1.24 B 1.28 B 1.27 B 1.29 B 1.16 B 1.13 B 1.14 B 1.14 B 1.1 B 1.15 B 1.15 B 1.15 B 1.19 B 1.21 B 1.21 B 1.21 B

Deferred Revenue

- - - - - - - - - - - - - - - - - - - - 23.8 M 23 M 25.2 M 24.4 M 24.4 M 24.4 M 21.2 M 26.3 M 24.5 M 28.2 M 29.1 M 25.8 M 25.8 M 25.8 M - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Retained Earnings

- - - - - - - - - - - - - - - - - - - 670 M - - - 608 M - - - 569 M 556 M 546 M 550 M 545 M 545 M 545 M - 480 M - - - 476 M - - - 455 M - - - 428 M - - - 434 M - - - 436 M - - - 424 M - -

Total Assets

1.84 B 2.07 B 2.05 B 2.09 B 2.09 B 2.34 B 2.33 B 2.38 B 2.38 B 2.42 B 2.39 B 2.57 B - - 2.78 B 2.82 B - 3.79 B 2.58 B 2.6 B 2.55 B 2.6 B 2.48 B 2.45 B 2.45 B 2.45 B 2.26 B 2.07 B 2.07 B 2.07 B 2.07 B 2.09 B 2.09 B 2.09 B 2.18 B 1.87 B 1.87 B 1.87 B 1.75 B 1.78 B 1.78 B 1.78 B 1.74 B 1.71 B 1.73 B 1.73 B 1.76 B 1.81 B 1.81 B 1.82 B 1.75 B 1.78 B 1.79 B 1.79 B 1.76 B 1.8 B 1.81 B 1.81 B 1.84 B 1.87 B 1.87 B 1.87 B

Cash and Cash Equivalents

110 M 110 M 95.3 M 107 M 107 M 128 M 152 M 133 M 133 M 123 M 111 M 152 M 152 M 176 M 121 M 120 M - 122 M 151 M 249 M 221 M 249 M 234 M 218 M 218 M 218 M 64.8 M 72.4 M 72.4 M 72.4 M 81.8 M 69.8 M 69.8 M 69.8 M 84.4 M 47.7 M 47.7 M 84.4 M 47.4 M 72.6 M 72.6 M 52.3 M 50 M 52 M 52 M 50 M 46.6 M 92.4 M 92.4 M 46.6 M 95.4 M 178 M 178 M 95.4 M 150 M 210 M 210 M 150 M 177 M 243 M 243 M 177 M

Book Value

129 M 94.4 M 109 M 63.9 M 63.9 M 215 M 228 M 224 M 224 M 202 M 285 M 336 M - - 527 M 478 M - 883 M 812 M 807 M 785 M 807 M 740 M 700 M 700 M 700 M 495 M 478 M 478 M 478 M 472 M 469 M 469 M 469 M 435 M 399 M 399 M 399 M 389 M 411 M 411 M 411 M 428 M 431 M 431 M 431 M 512 M 532 M 532 M 532 M 595 M 650 M 650 M 650 M 656 M 651 M 654 M 654 M 649 M 652 M 652 M 652 M

Total Shareholders Equity

129 M 94.4 M 109 M 63.9 M 63.9 M 215 M 228 M 224 M 224 M 202 M 285 M 336 M 336 M 468 M 527 M 478 M - 883 M 812 M 807 M 785 M 812 M 740 M 740 M 740 M 740 M 495 M 495 M 495 M 495 M 472 M 472 M 472 M 472 M 435 M 399 M 399 M 435 M 389 M 411 M 411 M 411 M 428 M 431 M 431 M 431 M 512 M 532 M 532 M 532 M 595 M 650 M 650 M 650 M 656 M 654 M 654 M 654 M 649 M 652 M 652 M 652 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Griffon Corporation, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Tools

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