How much did Griffon achieve in EBIT for the current year?
In the current year, Griffon has achieved an EBIT of 444.47 M USD.
Griffon EBIT 2024
Griffon EBIT
444.47 M USD
Griffon Dividend yield
3.78 %
Ticker
GFF
ISIN
US3984331021
WKN
856788
In 2024, Griffon's EBIT was 444.47 M USD, a 11.51% increase from the 398.6 M USD EBIT recorded in the previous year.
The Griffon EBIT history
| YEAR | EBIT (undefined USD) |
|---|---|
| 2026e | 550.15 |
| 2025e | 506.45 |
| 2024e | 444.47 |
| 2023 | 398.6 |
| 2022 | 354 |
| 2021 | 192 |
| 2020 | 153.2 |
| 2019 | 108.5 |
| 2018 | 100.4 |
| 2017 | 76.6 |
| 2016 | 82.3 |
| 2015 | 66.9 |
| 2014 | 84.3 |
| 2013 | 77.2 |
| 2012 | 77.1 |
| 2011 | 63.1 |
| 2010 | 26.9 |
| 2009 | 26.4 |
| 2008 | 27.5 |
| 2007 | 52.1 |
| 2006 | 75.6 |
| 2005 | 80.1 |
| 2004 | 111.2 |
Griffon Aktienanalyse
What does Griffon do?
The Griffon Corporation is a publicly traded company based in New York that specializes in various industry sectors. The company was founded in 1959 by Harvey Blau and originally started as a manufacturer of household and cleaning products under the name Watchung Chemical Corporation. In 1970, Watchung Chemical acquired Phar Medium Corporation, a pharmaceutical products manufacturer. In 1980, the company changed its name to Griffon Corporation and expanded into various industry sectors. Griffon's core business today consists of three divisions: Home & Building Products, Telecommunications Infrastructure, and Specialty Plastics. Each division includes multiple specialized subsidiaries. Home & Building Products is Griffon's largest division and includes subsidiaries such as AMES, a manufacturer of garden and outdoor products, Clopay Building Products, a leading manufacturer of garage doors, and Everhard Products, a manufacturer of drainage solutions. Telecommunications Infrastructure is Griffon's second-largest division and includes subsidiaries such as Clopay Wireless Products, which offers wireless solutions for the telecommunications industry, and Telephonics, a leading manufacturer of radar systems and communication equipment. Griffon's third division is Specialty Plastics, which consists of two subsidiaries: Clopay Plastic Products and Clopay Europe. These companies are leading manufacturers of specialty films, plastic sheets, and packaging materials. Griffon has made numerous acquisitions in recent years to expand its business. In 2018, the company acquired CornellCookson, a manufacturer of roll-up door operators, and in 2019, it acquired ClosetMaid, a manufacturer of built-in closet systems. Overall, Griffon offers a wide range of products, including garage doors, roller shutters, drainage systems, specialty films, plastic sheets, and packaging materials. The company is constantly striving to improve its products and bring innovative solutions to the market. Griffon is also committed to developing sustainable products and solutions to contribute to environmental compatibility. The company has developed an environmentally friendly product line called "EcoLift," which uses electric forklifts with emission-free batteries. Additionally, Griffon has developed packaging materials that are 100% recyclable. Overall, the Griffon Corporation is a diversified company operating in various industry sectors. The company aims to find innovative solutions and develop sustainable products and solutions to meet the needs of its customers. Griffon ist eines der beliebtesten Unternehmen auf Eulerpool.com.EBIT Details
Analyzing Griffon's EBIT
Griffon's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.
Year-to-Year Comparison
A yearly comparison of Griffon's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.
Impact on Investments
Griffon's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.
Interpreting EBIT Fluctuations
Fluctuations in Griffon’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.
Frequently Asked Questions about Griffon Stock
What is EBIT?
EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Griffon.
How has the EBIT of Griffon developed in recent years?
The EBIT of Griffon has increased by 11.508% increased compared to the previous year.
What does EBIT mean for investors?
EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.
Why is EBIT an important indicator for investors?
Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.
Why do EBIT values fluctuate?
EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.
What role does tax burden play in EBIT?
Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.
How is EBIT presented in the balance sheet of the company Griffon?
The EBIT of Griffon is listed in the income statement.
Can EBIT be used as a single indicator for evaluating a company?
EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.
Why is EBIT not equal to net profit?
The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.
How much dividend does Griffon pay?
Over the past 12 months, Griffon paid a dividend of 2.5 USD . This corresponds to a dividend yield of about 3.78 %. For the coming 12 months, Griffon is expected to pay a dividend of 1.75 USD.
What is the dividend yield of Griffon?
The current dividend yield of Griffon is 3.78 %.
When does Griffon pay dividends?
Griffon pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of Griffon?
Griffon paid dividends every year for the past 16 years.
What is the dividend of Griffon?
For the upcoming 12 months, dividends amounting to 1.75 USD are expected. This corresponds to a dividend yield of 2.64 %.
In which sector is Griffon located?
Griffon is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Griffon kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Griffon from 6/20/2024 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 5/29/2024.
When did Griffon pay the last dividend?
The last dividend was paid out on 6/20/2024.
What was the dividend of Griffon in the year 2023?
In the year 2023, Griffon distributed 2.37 USD as dividends.
In which currency does Griffon pay out the dividend?
The dividends of Griffon are distributed in USD.
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Andere Kennzahlen von Griffon
Our stock analysis for Griffon Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Griffon Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
