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Griffon GFF Standard Product Warranty Accrual

Standard Product Warranty Accrual at other companies

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Other financials

Income statement

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Revenue$481.4M+7.0%
Gross profit$226.1M+3.3%
Operating income$115.5M+187%
Net income$51.6M+143%
EPS (diluted)$1.14+143%

Balance sheet

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Cash & equivalents$110.4M+2.9%
Total debt$1.3B-17.7%
Total equity$129.2M+102%
Total assets$1.8B-12.0%

Cash flow

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Operating cash flow$99.6M+5.1%
CapEx$6.1M-7.3%
Free cash flow$93.5M+6.0%

Valuation

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Market cap$4.81B+44.2%
Enterprise value$6.04B+24.4%
P/E26.9×-20.8×
P/S1.8×+0.2×

Profitability

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Gross margin40.5%-3.1pp
Operating margin16.7%+8.3pp
Net margin6.5%+3.3pp
FCF margin10.8%-1.4pp

Returns & leverage

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Return on equity185.4%+137pp
Debt / equity10.4×-15.1×
Current ratio2.4×-0.3×

Where this comes from

Reported directly by Griffon in its filing.

Tagged under the XBRL concept us-gaap:ProductWarrantyAccrual.

The source filing: Griffon’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053536
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Nine Months Ended June 30, 2026Nine Months Ended June 30, 2025
Balance, beginning of period$6,542$6,016$5,694$5,524
Warranties issued and changes in estimated pre-existing warranties3,3452,65810,2379,134
Actual warranty costs incurred(2,643)(2,984)(8,687)(8,968)
Balance, end of period$7,244$5,690$7,244$5,690

Item 1 – Financial Statements

FAQ

What is Griffon's standard product warranty accrual?
Griffon (GFF) reported standard product warranty accrual of $7.24M in Q2 2026.
How has Griffon's standard product warranty accrual changed year-over-year?
Griffon's standard product warranty accrual increased by 27.3% year-over-year, from $5.69M to $7.24M.
What is the long-term trend for Griffon's standard product warranty accrual?
Over 4 years (2021 to 2025), Griffon's standard product warranty accrual has grown at a -7.6% compound annual growth rate (CAGR), from $7.82M to $5.69M.
What does standard product warranty accrual mean?
Accrued expenses related to standard product warranties offered to customers.

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