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GFF (Griffon) Gross Profit : $1,048 Mil (TTM As of Dec. 2024)


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What is Griffon Gross Profit?

Griffon's gross profit for the three months ended in Dec. 2024 was $264 Mil. Griffon's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $1,048 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Griffon's gross profit for the three months ended in Dec. 2024 was $264 Mil. Griffon's Revenue for the three months ended in Dec. 2024 was $632 Mil. Therefore, Griffon's Gross Margin % for the quarter that ended in Dec. 2024 was 41.79%.

Griffon had a gross margin of 41.79% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Griffon was 40.10%. The lowest was 25.85%. And the median was 27.91%.


Griffon Gross Profit Historical Data

The historical data trend for Griffon's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Griffon Gross Profit Chart

Griffon Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 583.99 641.11 936.89 948.82 1,019.94

Griffon Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 236.64 270.67 249.15 263.48 264.28

Competitive Comparison of Griffon's Gross Profit

For the Conglomerates subindustry, Griffon's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Griffon's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Griffon's Gross Profit distribution charts can be found below:

* The bar in red indicates where Griffon's Gross Profit falls into.


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Griffon Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Griffon's Gross Profit for the fiscal year that ended in Sep. 2024 is calculated as

Gross Profit (A: Sep. 2024 )=Revenue - Cost of Goods Sold
=2623.52 - 1603.585
=1,020

Griffon's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=632.371 - 368.095
=264

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,048 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Griffon's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=264 / 632.371
=41.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Griffon  (NYSE:GFF) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Griffon had a gross margin of 41.79% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Griffon Gross Profit Related Terms

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Griffon Business Description

Traded in Other Exchanges
Address
712 Fifth Avenue, 18th Floor, New York, NY, USA, 10019
Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products: is a provider of branded consumer and professional tools; residential, industrial and commercial fans; home storage and organization products; and Home and Building Products conducts its operations through Clopay Corporation (Clopay). Clopay is the manufacturer and marketer of garage doors and rolling steel doors in North America. The company generates a majority of its revenue from the Home and Building Products segment. Operates in USA, Europe, Canada, Australia, and Others.
Executives
Samanta H Stewart director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 100194108
Cheryl L Turnbull director POST OFFICE BOX 2200, KNOXVILLE TN 37933-2000
James W Sight director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 100194108
W. Christopher Durborow officer: VP, Controller and CAO C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Seth L. Kaplan officer: Sr VP, Gen. Counsel and Secy 712 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10019
Brian G Harris officer: SVP, Chief Financial Officer 100 JERICHO QUADRANGLE, SUITE 224, JERICHO NY 11753
Victor Eugene Renuart director C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Kevin F Sullivan director C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Louis J. Grabowsky director 6605 ABERDEEN, DALLAS TX 75230
Jerome L Coben director 5482 WILSHIRE BLVD., #1579, LOS ANGELES CA 90036
Robert F Mehmel officer: President and COO GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Ronald J Kramer director, officer: CEO 712 FIFTH AVENUE, NEW YORK NY 10019
Henry A Alpert director
Voss Value Master Fund, L.p. director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value-oriented Special Situations Fund, Lp director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046