---
schema_version: "secwatch.filing_event.v1"
accession: "0000050725-22-000074"
form_type: "8-K"
ticker: "GFF"
cik: "0000050725"
company_name: "GRIFFON CORP"
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T16:57:34.873328+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Griffon reports FY2022 adjusted EBITDA $458M (+86%), GAAP loss due to $455M impairment; strategic review ongoing

## Summary
- FY2022 revenue $2.8B (+25% YoY); adjusted EPS $4.07 vs $1.68; GAAP loss $5.57/share on $454.8M non-cash goodwill impairment in CPP segment.
- Q4 revenue $709M (+24%); adjusted EPS $1.09 vs $0.33; adjusted EBITDA $125M (+135%).
- Home & Building Products adjusted EBITDA $413M (+128%) on 47% price/mix; CPP adjusted EBITDA fell 14% on lower volume.
- 2023 outlook: revenue $2.95B, adjusted EBITDA at least $500M (excl. ~$56M unallocated & $16M strategic costs), free cash flow to exceed net income.
- Strategic alternatives review active, led by independent committee with Goldman Sachs; no assurance of transaction.

## SEC filing metadata
- accession: 0000050725-22-000074
- form_type: 8-K
- ticker: GFF
- cik: 0000050725
- company_name: GRIFFON CORP
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50725/000005072522000074/0000050725-22-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50725/000005072522000074/gff-20221117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050725-22-000074
- JSON: https://secwatch.observer/filing/0000050725-22-000074.json
- Plain text: https://secwatch.observer/filing/0000050725-22-000074.txt

## Key facts
- Earnings Releases
  GRIFFON CORP reported the fiscal year ended September 30, 2022 results: revenue $2.8 billion, net income loss from continuing operations in 2022 was $287.7 million, EPS $5.57 per share.
  - Period: the fiscal year ended September 30, 2022
  - Revenue: $2.8 billion
  - Net income: loss from continuing operations in 2022 was $287.7 million
  - EPS: $5.57 per share
  - Result: reported results
  source text: Revenue for Fiscal 2022 totaled $2.8 billion, a 25% increase compared to the $2.3 billion in the prior year. As a result of a non-cash impairment charge of $454.8 million , net of tax, or $8.43 per share, taken in the fiscal 2022 fourth quarter, and other items that affect comparability in both 2022 and 2021, loss from continuing operations in 2022 was $287.7 million, or $5.57 per share, compared to income from continuing operations of $70.3 million, or $1.32 per share, in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/50725/000005072522000074/0000050725-22-000074-index.htm
- Earnings Releases
  GRIFFON CORP reported the fourth quarter ended September 30, 2022 results: revenue $709 million, net income loss from continuing operations in the fourth quarter was $415.4 million, EPS $7.97 per share.
  - Period: the fourth quarter ended September 30, 2022
  - Revenue: $709 million
  - Net income: loss from continuing operations in the fourth quarter was $415.4 million
  - EPS: $7.97 per share
  - Result: reported results
  source text: Revenue for the fourth quarter totaled $709 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/50725/000005072522000074/0000050725-22-000074-index.htm

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