---
schema_version: "secwatch.filing_event.v1"
accession: "0000050725-21-000053"
form_type: "8-K"
ticker: "GFF"
cik: "0000050725"
company_name: "GRIFFON CORP"
filed_at: "2021-07-29T23:59:59+00:00"
generated_at: "2026-06-30T01:12:50.461817+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Griffon Q3 revenue up 2% to $646.8M; net income falls to $0.31 EPS from $0.50

## Summary
- Adjusted net income $22.8M ($0.43 EPS) vs $25.9M ($0.59 EPS) prior year; diluted shares up 8.7M from Aug 2020 issue.
- CPP revenue down 1% to $324.8M; HBP up 18% to $259.4M; DE down 25% to $62.6M (ex-divestiture down 18%).
- Adjusted EBITDA $64.8M (-7% YoY); management cites raw material, transportation and labor cost headwinds.
- DE backlog $375M ($341M a year ago); trailing 12-month book-to-bill 1.1x; $84M in new awards in Q3.
- Balance sheet: cash $220.7M, debt $1.06B, net debt $834.9M; leverage 2.9x; $58M remaining in buyback authorization.

## SEC filing metadata
- accession: 0000050725-21-000053
- form_type: 8-K
- ticker: GFF
- cik: 0000050725
- company_name: GRIFFON CORP
- filed_at: 2021-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50725/000005072521000053/0000050725-21-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50725/000005072521000053/gff-20210729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050725-21-000053
- JSON: https://secwatch.observer/filing/0000050725-21-000053.json
- Plain text: https://secwatch.observer/filing/0000050725-21-000053.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.