Griffon Corp
NYSE:GFF
Income Statement
Earnings Waterfall
Griffon Corp
Revenue
|
2.7B
USD
|
Cost of Revenue
|
-1.6B
USD
|
Gross Profit
|
1B
USD
|
Operating Expenses
|
-631.5m
USD
|
Operating Income
|
413.7m
USD
|
Other Expenses
|
-342.7m
USD
|
Net Income
|
71.1m
USD
|
Income Statement
Griffon Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 901
N/A
|
1 920
+1%
|
1 915
0%
|
1 992
+4%
|
2 041
+2%
|
2 033
0%
|
2 040
+0%
|
1 483
-27%
|
2 008
+35%
|
2 008
+0%
|
1 959
-2%
|
1 477
-25%
|
1 335
-10%
|
1 219
-9%
|
1 115
-9%
|
1 525
+37%
|
1 610
+6%
|
1 705
+6%
|
1 863
+9%
|
1 978
+6%
|
2 051
+4%
|
2 122
+3%
|
2 181
+3%
|
1 874
-14%
|
1 912
+2%
|
1 929
+1%
|
1 986
+3%
|
2 067
+4%
|
2 060
0%
|
2 068
+0%
|
2 020
-2%
|
2 271
+12%
|
2 130
-6%
|
2 335
+10%
|
2 519
+8%
|
2 849
+13%
|
2 906
+2%
|
2 838
-2%
|
2 753
-3%
|
2 685
-2%
|
2 679
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 476)
|
(1 490)
|
(1 475)
|
(1 532)
|
(1 569)
|
(1 557)
|
(1 558)
|
(1 091)
|
(1 534)
|
(1 534)
|
(1 489)
|
(1 076)
|
(954)
|
(853)
|
(770)
|
(1 117)
|
(1 176)
|
(1 249)
|
(1 366)
|
(1 447)
|
(1 500)
|
(1 555)
|
(1 597)
|
(1 357)
|
(1 388)
|
(1 391)
|
(1 437)
|
(1 478)
|
(1 461)
|
(1 457)
|
(1 413)
|
(1 622)
|
(1 511)
|
(1 617)
|
(1 699)
|
(1 904)
|
(1 894)
|
(1 819)
|
(1 721)
|
(1 654)
|
(1 634)
|
|
Gross Profit |
425
N/A
|
430
+1%
|
440
+2%
|
459
+4%
|
472
+3%
|
476
+1%
|
482
+1%
|
392
-19%
|
474
+21%
|
474
0%
|
470
-1%
|
401
-15%
|
381
-5%
|
366
-4%
|
345
-6%
|
408
+18%
|
434
+6%
|
456
+5%
|
497
+9%
|
531
+7%
|
551
+4%
|
568
+3%
|
583
+3%
|
517
-11%
|
524
+1%
|
538
+3%
|
549
+2%
|
588
+7%
|
599
+2%
|
611
+2%
|
607
-1%
|
649
+7%
|
619
-5%
|
718
+16%
|
820
+14%
|
945
+15%
|
1 012
+7%
|
1 018
+1%
|
1 032
+1%
|
1 031
0%
|
1 045
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(346)
|
(350)
|
(359)
|
(375)
|
(381)
|
(385)
|
(385)
|
(326)
|
(372)
|
(370)
|
(364)
|
(318)
|
(306)
|
(296)
|
(282)
|
(332)
|
(358)
|
(379)
|
(410)
|
(430)
|
(443)
|
(451)
|
(454)
|
(408)
|
(412)
|
(427)
|
(423)
|
(435)
|
(436)
|
(423)
|
(424)
|
(457)
|
(449)
|
(491)
|
(531)
|
(591)
|
(1 164)
|
(628)
|
(644)
|
(632)
|
(632)
|
|
Selling, General & Administrative |
(346)
|
(349)
|
(359)
|
(352)
|
(378)
|
(379)
|
(375)
|
(310)
|
(366)
|
(364)
|
(357)
|
(300)
|
(296)
|
(287)
|
(278)
|
(301)
|
(344)
|
(365)
|
(395)
|
(399)
|
(422)
|
(429)
|
(435)
|
(395)
|
(398)
|
(412)
|
(408)
|
(413)
|
(423)
|
(411)
|
(413)
|
(436)
|
(438)
|
(480)
|
(518)
|
(558)
|
(609)
|
(610)
|
(627)
|
(597)
|
(614)
|
|
Research & Development |
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(18)
|
0
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(3)
|
(7)
|
(10)
|
0
|
0
|
(7)
|
(7)
|
0
|
(10)
|
(10)
|
(10)
|
(13)
|
(13)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(13)
|
(15)
|
(15)
|
(15)
|
(14)
|
(13)
|
(12)
|
(11)
|
(14)
|
(11)
|
(11)
|
(12)
|
(17)
|
(18)
|
(18)
|
(18)
|
(18)
|
(17)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(537)
|
0
|
0
|
0
|
0
|
|
Operating Income |
79
N/A
|
80
+1%
|
81
+0%
|
84
+5%
|
91
+7%
|
91
+0%
|
97
+6%
|
67
-31%
|
102
+52%
|
104
+2%
|
106
+3%
|
82
-22%
|
76
-8%
|
70
-8%
|
63
-10%
|
77
+22%
|
76
-1%
|
77
+1%
|
87
+13%
|
100
+16%
|
108
+8%
|
117
+8%
|
130
+11%
|
109
-16%
|
111
+3%
|
111
0%
|
126
+13%
|
153
+21%
|
163
+6%
|
189
+16%
|
183
-3%
|
192
+5%
|
171
-11%
|
227
+33%
|
290
+28%
|
354
+22%
|
(151)
N/A
|
391
N/A
|
388
-1%
|
399
+3%
|
414
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(51)
|
(51)
|
(47)
|
(48)
|
(44)
|
(44)
|
(47)
|
(48)
|
(48)
|
(49)
|
(50)
|
(50)
|
(51)
|
(52)
|
(51)
|
(51)
|
(55)
|
(58)
|
(61)
|
(64)
|
(64)
|
(65)
|
(66)
|
(68)
|
(67)
|
(67)
|
(66)
|
(66)
|
(65)
|
(65)
|
(64)
|
(62)
|
(64)
|
(69)
|
(77)
|
(84)
|
(93)
|
(96)
|
(97)
|
(99)
|
(100)
|
|
Non-Reccuring Items |
(13)
|
(43)
|
(42)
|
(45)
|
(44)
|
(5)
|
(4)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
0
|
(10)
|
(13)
|
(14)
|
(17)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(8)
|
(22)
|
(11)
|
(12)
|
(15)
|
(21)
|
(18)
|
(15)
|
(22)
|
(548)
|
0
|
(710)
|
(703)
|
(202)
|
(215)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
11
|
11
|
13
|
2
|
|
Total Other Income |
2
|
2
|
3
|
3
|
(1)
|
(2)
|
(2)
|
(0)
|
2
|
2
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
1
|
2
|
4
|
5
|
5
|
5
|
4
|
4
|
5
|
5
|
4
|
4
|
3
|
2
|
3
|
3
|
3
|
5
|
6
|
7
|
7
|
6
|
5
|
5
|
3
|
3
|
|
Pre-Tax Income |
17
N/A
|
(11)
N/A
|
(6)
+46%
|
(6)
+5%
|
2
N/A
|
41
+2 600%
|
44
+9%
|
19
-57%
|
55
+187%
|
57
+3%
|
52
-9%
|
32
-38%
|
23
-28%
|
18
-24%
|
10
-41%
|
17
+61%
|
10
-39%
|
9
-10%
|
14
+49%
|
34
+147%
|
50
+48%
|
56
+13%
|
68
+20%
|
46
-32%
|
49
+7%
|
43
-14%
|
57
+33%
|
69
+21%
|
89
+29%
|
114
+29%
|
107
-7%
|
111
+4%
|
94
-15%
|
149
+58%
|
198
+33%
|
(271)
N/A
|
(227)
+16%
|
(400)
-76%
|
(397)
+1%
|
113
N/A
|
105
-7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(8)
|
(5)
|
1
|
6
|
3
|
(6)
|
(13)
|
(7)
|
(17)
|
(18)
|
(16)
|
(12)
|
(7)
|
(6)
|
(2)
|
1
|
(1)
|
2
|
(1)
|
(21)
|
(27)
|
(31)
|
(34)
|
(21)
|
(22)
|
(21)
|
(27)
|
(26)
|
(32)
|
(41)
|
(40)
|
(40)
|
(38)
|
(51)
|
(62)
|
(17)
|
(29)
|
24
|
18
|
(35)
|
(34)
|
|
Income from Continuing Operations |
9
|
(16)
|
(5)
|
(0)
|
4
|
35
|
31
|
12
|
38
|
39
|
35
|
20
|
16
|
12
|
9
|
18
|
10
|
11
|
12
|
13
|
23
|
26
|
34
|
26
|
27
|
22
|
29
|
42
|
57
|
74
|
67
|
71
|
57
|
98
|
136
|
(288)
|
(256)
|
(376)
|
(380)
|
78
|
71
|
|
Net Income (Common) |
6
N/A
|
(19)
N/A
|
(8)
+59%
|
(0)
+97%
|
4
N/A
|
35
+754%
|
31
-10%
|
34
+9%
|
38
+10%
|
39
+3%
|
35
-9%
|
30
-15%
|
32
+5%
|
30
-3%
|
32
+7%
|
15
-54%
|
34
+126%
|
119
+254%
|
115
-3%
|
126
+9%
|
104
-18%
|
12
-88%
|
20
+65%
|
37
+88%
|
39
+5%
|
41
+5%
|
49
+20%
|
53
+8%
|
72
+35%
|
89
+22%
|
83
-6%
|
79
-5%
|
69
-13%
|
118
+70%
|
241
+105%
|
(192)
N/A
|
(162)
+15%
|
(290)
-79%
|
(381)
-31%
|
78
N/A
|
71
-8%
|
|
EPS (Diluted) |
0.11
N/A
|
-0.41
N/A
|
-0.15
+63%
|
0
N/A
|
0.1
N/A
|
0.73
+630%
|
0.67
-8%
|
0.73
+9%
|
0.82
+12%
|
0.87
+6%
|
0.8
-8%
|
0.68
-15%
|
0.74
+9%
|
0.7
-5%
|
0.74
+6%
|
0.34
-54%
|
0.8
+135%
|
2.77
+246%
|
2.76
0%
|
2.96
+7%
|
2.47
-17%
|
0.29
-88%
|
0.45
+55%
|
0.86
+91%
|
0.89
+3%
|
0.94
+6%
|
1.12
+19%
|
1.18
+5%
|
1.35
+14%
|
1.63
+21%
|
1.55
-5%
|
1.48
-5%
|
1.28
-14%
|
2.2
+72%
|
4.47
+103%
|
-3.7
N/A
|
-2.93
+21%
|
-5.47
-87%
|
-6.98
-28%
|
1.42
N/A
|
1.38
-3%
|