Griffon Historical Income Statement
| GFF Stock | USD 83.51 0.86 1.02% |
Historical analysis of Griffon income statement accounts such as Total Revenue of 1.4 B or Gross Profit of 1.1 B can show how well Griffon performed in making a profits. Evaluating Griffon income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Griffon's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Griffon latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Griffon is a good buy for the upcoming year.
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About Griffon Income Statement Analysis
Griffon Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Griffon shareholders. The income statement also shows Griffon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Griffon Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Griffon generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Griffon minus its cost of goods sold. It is profit before Griffon operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Griffon. It is also known as Griffon overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Griffon operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Griffon is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Griffon's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Griffon current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Griffon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.At this time, Griffon's EBIT is most likely to increase significantly in the upcoming years. The Griffon's current EBITDA is estimated to increase to about 484.5 M, while Interest Expense is projected to decrease to roughly 98.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 936.9M | 1.0B | 1.0B | 1.1B | Total Revenue | 2.8B | 2.7B | 2.6B | 1.4B |
Griffon income statement Correlations
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Griffon Account Relationship Matchups
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Griffon income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 52.1M | 52.3M | 64.7M | 65.4M | 60.7M | 38.8M | |
| Interest Expense | 66.5M | 63.2M | 84.4M | 101.4M | 104.1M | 98.9M | |
| Total Revenue | 2.4B | 2.3B | 2.8B | 2.7B | 2.6B | 1.4B | |
| Gross Profit | 641.4M | 641.1M | 936.9M | 1.0B | 1.0B | 1.1B | |
| Other Operating Expenses | 2.3B | 2.1B | 2.5B | 2.5B | 2.2B | 1.4B | |
| Operating Income | 155.0M | 170.6M | 335.1M | 196.9M | 398.3M | 418.2M | |
| Ebit | 167.5M | 192.9M | (186.5M) | 397.7M | 400.7M | 420.8M | |
| Ebitda | 219.6M | 245.2M | (121.8M) | 463.1M | 461.4M | 484.5M | |
| Cost Of Revenue | 1.8B | 1.6B | 1.9B | 1.7B | 1.6B | 1.1B | |
| Total Operating Expenses | 486.4M | 470.5M | 608.9M | 751.9M | 621.6M | 652.7M | |
| Income Before Tax | 82.8M | 111.2M | (270.9M) | 112.7M | 296.7M | 311.5M | |
| Total Other Income Expense Net | (72.3M) | (60.6M) | (81.8M) | (84.2M) | (101.6M) | (96.6M) | |
| Net Income | 53.4M | 79.2M | (287.7M) | 77.6M | 209.9M | 220.4M | |
| Income Tax Expense | 29.3M | 39.9M | 16.8M | 35.1M | 86.8M | 91.1M | |
| Selling General Administrative | 413.9M | 393.4M | 517.9M | 547.4M | 621.6M | 326.8M | |
| Net Income Applicable To Common Shares | 53.4M | 79.2M | (191.6M) | 77.6M | 69.9M | 73.3M | |
| Net Income From Continuing Ops | 112.1M | 71.2M | (287.7M) | 77.6M | 209.9M | 220.4M | |
| Selling And Marketing Expenses | 72.5M | 77.1M | 91M | 95.3M | 109.6M | 71.8M | |
| Discontinued Operations | 92.4M | (8.3M) | 8.0M | 96.2M | 110.6M | 116.1M | |
| Tax Provision | 29.3M | 39.9M | 16.8M | 35.1M | 86.8M | 91.1M | |
| Interest Income | 65.8M | 62.7M | 215K | 2.1M | 2.4M | 2.3M | |
| Extraordinary Items | (8.3M) | 11.0M | 8.0M | 96.2M | 110.6M | 116.1M | |
| Net Interest Income | (65.8M) | (62.7M) | (84.2M) | (99.4M) | (101.7M) | (106.7M) | |
| Reconciled Depreciation | 62.4M | 52.3M | 64.7M | 65.4M | 60.7M | 64.8M |
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When determining whether Griffon is a strong investment it is important to analyze Griffon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Griffon's future performance. For an informed investment choice regarding Griffon Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Griffon. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Griffon. If investors know Griffon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Griffon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.653 | Dividend Share 0.6 | Earnings Share 4.18 | Revenue Per Share 55.147 | Quarterly Revenue Growth 0.029 |
The market value of Griffon is measured differently than its book value, which is the value of Griffon that is recorded on the company's balance sheet. Investors also form their own opinion of Griffon's value that differs from its market value or its book value, called intrinsic value, which is Griffon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Griffon's market value can be influenced by many factors that don't directly affect Griffon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Griffon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Griffon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Griffon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.