What is the equity of Griffon this year?
Griffon has equity of 315.2 M USD this year.
Griffon Equity 2024
Griffon Equity
315.2 M USD
Ticker
GFF
ISIN
US3984331021
WKN
856788
In 2024, Griffon's equity was 315.2 M USD, a -34% increase from the 477.6 M USD equity in the previous year.
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.Equity Details
Analyzing Griffon's Equity
Griffon's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Griffon's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Griffon's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Griffon's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Griffon’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Griffon stock
What was the equity of Griffon compared to the previous year?
The equity of Griffon has increased/decreased by -34% decreased compared to the previous year.
What impact does a high equity have on investors of Griffon?
A high equity is advantageous for investors of Griffon as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Griffon?
A low equity can be a risk for investors of Griffon, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Griffon affect the company?
An increase in equity of Griffon can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Griffon affect the company?
A reduction in equity of Griffon can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Griffon?
Some factors that can affect the equity of Griffon include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Griffon so important for investors?
The equity of Griffon is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Griffon take to change the equity?
To change equity, Griffon can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
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 4.03 %. 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 4.03 %.
When does Griffon pay dividends?
Griffon pays a quarterly dividend. This is distributed in the months of December, March, June, September.
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 2.81 %.
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 9/19/2024 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 8/28/2024.
When did Griffon pay the last dividend?
The last dividend was paid out on 9/19/2024.
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.
