Griffon Corporation — Earnings Quality Grade F
GFF · Industrials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 42 days, change -1 days YoY
AR growth -7.0% vs revenue growth -3.9%
Revenue -3.9%, CFFO -5.6%. Cash follows revenue
Expense Quality
Inventory 3.6% vs COGS -8.8%. Normal
CapEx growth -23.3% vs revenue -3.9%. Normal
SG&A/Gross Profit = 57.5%. Normal
Gross margin 42.0%, change +3.1pp. Stable
Cash Flow Quality
CFFO/NI = 6.97. Profits backed by cash
FCF $0.3B, FCF/NI = 5.94
Accruals ratio = -14.8%. Low accruals
Cash $0.1B covers only 6% of debt $1.6B
Balance Sheet Health
Goodwill+Intangibles $0.7B = 921% of equity. Over 50%
Debt/EBITDA = 5.6x (>4x). Financial stress
Other assets -9.3% vs revenue -3.9%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -28% YoY. Normal
Manipulation Score
M-Score = -3.37 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25
