Griffon Market capitalization 2024

Griffon Market capitalization

3.61 B USD

Griffon Dividend yield

3.78 %

Ticker

GFF

ISIN

US3984331021

WKN

856788

In 2024, Griffon's market cap stood at 3.61 B USD, a 78.86% increase from the 2.02 B USD market cap in the previous year.

The Griffon Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2026e2.8436,27330.8
2025e2.7637,42288.16
2024e2.6838,41247.22
20232.6938,3977.6
20222.8533,17-191.6
20212.2728,5879.2
20202.0728,4653.4
20191.8727,5737.3
20181.9826,83125.7
20171.5326,7614.9
20161.4827,1330
20151.4826,4534.3
20141.9923,06-0.2
20131.8722,323.8
20121.8622,5017
20111.8321,49-7.4
20101.2922,289.6
20091.1921,5318.7
20081.2721,51-43.4
20071.3721,5722.1
20061.3324,1551.8
20051.426,3648.8
20041.3928,7853.9

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.

Market capitalization Details

Exploring Griffon's Market Capitalization

Griffon's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Griffon's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Griffon's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Griffon’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Griffon Stock

What is the current Griffon market capitalization?

The current market capitalization of Griffon is 3.61 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Griffon.

How has the market capitalization of Griffon developed in recent years?

The market capitalization of Griffon has increased/decreased by 78.86% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Griffon?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Griffon?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Griffon have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 October, December, March, July.

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.