Griffon Corporation (NYSE:GFF) today reported results for the fiscal year and fourth quarter ended September 30, 2025.
Revenue for fiscal 2025 totaled $2.5 billion, a 4% decrease compared to the $2.6 billion in the prior year.
Fiscal 2025 net income totaled $51.1 million, or $1.09 per share, compared to $209.9 million, or $4.23 per share, in the prior year.
Fiscal 2025 results included a charge of $217.2 million, net of tax, or $4.65 per share, related to third quarter goodwill and intangible asset impairments in the Consumer and Professional Products segment.
Adjusted net income, which excludes all items that affect comparability from both periods, was $263.6 million, or $5.65 per share in fiscal 2025, compared to $254.2 million, or $5.12 per share, in the prior year. For a reconciliation of net income to adjusted net income (a non-GAAP measure), and earnings per share to adjusted earnings per share (a non-GAAP measure), see the attached table.
Fiscal 2025 adjusted EBITDA was $522.3 million, a 2% increase from the prior year of $513.6 million. Adjusted EBITDA excluding unallocated amounts (primarily corporate overhead) of $57.8 million, was $580.1 million in 2025, increasing 1% from the prior year of $573.6 million (which excluded unallocated amounts of $60.0 million).
GFF shares hurtled higher $3.65, or 5.5%, to $70.48.
