GFFNYSEMetal Doors, Sash, Frames, Moldings & TrimUS GAAP · USD

Griffon Corporation

Griffon Corporation is a diversified holding company that operates through subsidiaries focused on home and building products. Its core businesses sell branded garage doors, rolling steel doors, and related products through professional dealers, home centers, and other distribution channels, with a strong emphasis on North American residential and commercial end markets.

Kysy yhtiöstä
Liikevaihto2 520milj. USD
−3,9 %v/v
Liikevoitto (EBIT)206milj. USD
−48,2 %v/v
EBIT-marginaali8,2%
−7,0 %-yks.v/v
Nettotulos51,1milj. USD
−75,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−1 00001 0002 0003 000milj. USD2020: 2 408 milj. USD2020: EBIT 140 milj. USD20202021: 2 271 milj. USD2021: EBIT 171 milj. USD20212022: 2 848 milj. USD2022: EBIT −189 milj. USD20222023: 2 685 milj. USD2023: EBIT 197 milj. USD20232024: 2 624 milj. USD2024: EBIT 398 milj. USD20242025: 2 520 milj. USD2025: EBIT 206 milj. USD20252 520206
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Griffon Corporation

Liiketoiminta

Osuus liikevaihdosta
Residential garage doors45 %

Sectional garage doors sold mainly through dealers and home centers for home improvement and replacement demand.

Commercial and industrial doors25 %

Rolling steel doors, grilles, and sectional doors used in commercial, institutional, and industrial settings.

Brand and channel distribution10 %

Sales, marketing, and fulfillment capabilities that support branded products across retail and dealer channels.

Product development5 %

In-house design and engineering for new products, extensions, and cost reduction initiatives.

Other home and building products15 %

Adjacent products and services within the home and building products portfolio and related operations.

Asiakkaat

Griffon sells primarily to large home improvement retailers, professional dealers, wholesale distributors, and commercial customers. Demand is driven by residential replacement, renovation, and construction activity, plus commercial and institutional building needs. A small number of large customers are strategically important, with Home Depot, Lowe's, Menards, and Bunnings highlighted in the filings.

Home improvement retailers

Large chains such as Home Depot, Lowe's, and Bunnings buy branded doors and related products for resale to homeowners and contractors.

Professional dealers

Independent dealers purchase residential garage doors for installation and replacement work in local markets.

Commercial and industrial customers

Businesses and institutions buy rolling steel doors, grilles, and sectional doors for security and access control.

Wholesale and distribution partners

Distributors and channel partners buy products to extend Griffon's market coverage and support regional demand.

Strategia

Griffon's strategy is to defend and expand its positions through branded products, product quality, and service, while using its portfolio structure to reduce cyclicality and weather sensitivity. The company also aims to grow through acquisitions, divestitures, and investment in existing businesses, with emphasis on automation, fulfillment, and e-commerce capabilities. Brand strength and channel relationships are central to maintaining pricing power and customer loyalty.

Strengthen branded market positionsKeskipitkä aikaväli

Brands and service quality help defend against price competition and retailer private labels.

Improve operating resilienceKeskipitkä aikaväli

Diversification across products, channels, and geographies reduces volatility from seasonality and weather.

Expand through capital allocationPitkä aikaväli

Acquisitions and divestitures are used to strengthen core businesses and improve cash flow conversion.

Support fulfillment and e-commerceLyhyt aikaväli

Automation and fulfillment investments help meet retailer demand and improve service levels.

Maantiede

Griffon is headquartered in New York and operates across North America with additional sales presence in Canada, Australia, the United Kingdom, Mexico, and Ireland. The filings emphasize multiple countries as home markets, and foreign currency movements in the Euro, British Pound, Australian Dollar, and Canadian Dollar affect reported results and translation. Operations are exposed to regional seasonality, especially in warmer-weather construction and renovation markets.

Riskit

Griffon faces concentration risk because a small number of large customers account for a meaningful share of revenue, and lost volume from any of them could materially hurt sales and cash flow. The business is also exposed to seasonality, weather, raw-material availability, international sourcing risk, and intense price competition from larger rivals and private-label imports. Product liability, warranty, environmental compliance, and AI/cyber-related execution risks add further operational and legal uncertainty.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →International sourcing disruption1Customer concentration2Competitive pricing pressure3Product liability and warranty claims4Seasonality and weather dependence5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. International sourcing disruptionVaikutus: KorkeaTodennäköisyys: Korkea

    CPP relies on overseas sourcing, and supply interruptions or trade issues can affect product availability and cost.

    Kohdistuu: China and other international locations

  2. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A few large retailers account for a substantial portion of revenue, so order changes can quickly affect results.

    KohdistuuHome DepotLowe'sMenardsBunnings
  3. Competitive pricing pressureVaikutus: KeskitasoTodennäköisyys: Korkea

    Large retailers and private-label imports can force lower prices and reduce margins.

    Kohdistuu: Home center and e-commerce channels

  4. Product liability and warranty claimsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Manufactured building products can generate claims tied to defects, installation issues, or field performance.

    Kohdistuu: Garage doors and rolling steel doors

  5. Seasonality and weather dependenceVaikutus: KeskitasoTodennäköisyys: Matala

    Renovation and construction activity is stronger in warmer months, causing quarterly swings in sales and earnings.

    Kohdistuu: HBP and CPP businesses

Kysy Clarifolta: Griffon Corporation

Kirjanpito

Harkinnanvaraiset erät
Warranty and product liability reserves

Manufacturing claims and field issues require estimates that can change reported expenses and liabilities.

Vaikutus: Operating expense and balance sheet reserves

Environmental and legal contingencies

Compliance and claim exposures may require accruals based on subjective assessments.

Vaikutus: Other liabilities and earnings

Seasonality in quarterly reporting

Sales are typically lowest in the first and fourth quarters and highest in the second and third quarters.

Vaikutus: Quarter-to-quarter comparability

Foreign currency translation and hedging

Operations outside the U.S. create translation gains and losses and hedge accounting effects.

Vaikutus: Other comprehensive income and volatility

Discontinued operations reserves

Legacy liabilities for insurance, taxes, warranty, and environmental matters remain outstanding.

Vaikutus: Liabilities for discontinued operations

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

The Home Depot, Inc

HD · Retail-Lumber & Other Building Materials Dealers

Groupon, Inc.

GRPN · Services-Advertising Agencies

RPM International Inc

RPM · Paints, Varnishes, Lacquers, Enamels & Allied Prods

George Risk Industries, Inc.

RSKIA · Communications Equipment, NEC

Trex Company, Inc

TREX · Lumber & Wood Products (No Furniture)

Hillman Solutions Corp.

HLMN · Cutlery, Handtools & General Hardware

Päivitetty: 24.9.2026