Griffon posts Q1 net income of $70.9 million, or $1.49 a share, as revenue falls 2%
Griffon Corporation reported fiscal first-quarter 2025 results for the period ended December 31, 2024. Net income rose to $70.9 million, or $1.49 per diluted share, from $42.2 million, or $0.82, a year earlier, while revenue fell 2% to $632.4 million. Management said it is on track to meet its financial targets for the year.
Key points
- Revenue was $632.4 million, down 2% from $643.2 million a year earlier.
- Adjusted EBITDA rose 13% to $131.2 million, and adjusted earnings per share were $1.39 versus $1.07.
- Free cash flow was $142.7 million, and $390.3 million remained under the share repurchase authorization at December 31, 2024.
- Net debt was $1.32 billion, with leverage of 2.4x net debt to EBITDA.
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2025.
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