Griffon (NYSE:GFF) Falls Short on Revenue, Surpasses Earnings Expectations

Financial Highlights (Q4 CY2024):

* Revenue: $632.4 million (1.7% YoY decline, 0.8% below estimates)
* Adjusted EPS: $1.39 (16.4% above estimates)
* Adjusted EBITDA: $131.2 million (9.4% above estimates)
* Operating Margin: 17.7% (up from 15% last year)
* Free Cash Flow Margin: 22.6% (up from 20% last year)

Market Cap: $3.57 billion

Overview:

Griffon Corporation (GFF) is a diversified company specializing in home improvement, professional equipment, and building products.

Sales Growth:

* 3.1% compounded annual growth rate over the past five years.
* 1.7% YoY revenue decline in Q4 CY2024.
* 1.4% projected revenue growth over the next 12 months.

Operating Margin:

* 13% average operating margin over the past five years.
* 9.2 percentage point increase in operating margin over the same period.
* 17.7% operating margin in Q4 CY2024.

Earnings Per Share (EPS):

* 34.9% compounded annual growth rate in EPS over the past five years.
* 9.4% two-year annual EPS growth.
* $1.39 EPS in Q4 CY2024, exceeding estimates.
* Projected full-year EPS growth of 5.2%.

Key Takeaways:

* Q4 EBITDA outperformed expectations.
* Q4 EPS exceeded estimates.
* Q4 revenue slightly missed estimates.

Investment Potential:

To determine Griffon's investment potential, consider the company's overall business quality and valuation in addition to its quarterly performance. Access our free full research report for a comprehensive analysis.