Does GRIFFON CORPORATION have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores GRIFFON CORPORATION (GFF) 24.8 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 34, returns on capital 11, balance-sheet safety 0, capital discipline 56.

Is GFF stock trading below its intrinsic value?

Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $18.61 per share versus a recent price of $91.47 — 392% above value. This is an educational estimate computed from primary SEC filings, not investment advice.

How has GFF's Moat Score changed over time?

The record logs 3 readings since Jul 17, 2026; the latest reads 24.8 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

GRIFFON CORPORATION

GFF · Industrials · $4.2B mkt cap · FY2025 filings · No moat ·

Doesn't clear the bar

No moat

The four filters

Pricing power34

Median gross margin 28.2% over 10y, stable.

Returns on capital11

Median ROIC 6.0%, above the 9% hurdle in 20% of years.

Balance-sheet safety0

Net debt/EBITDA 5.3x, interest coverage 2x.

Capital discipline56

Owner earnings +6.1%/yr, share count growing (dilution).

Margin of safety

Above valueOn sale

392% above value

Owner earnings (normalized): $77.6M
Est. intrinsic value / share: $18.61
Recent price: $91.47
Discount to value: 392% above value

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

18 years of fundamentals

The business, in plain English

GRIFFON CORPORATION booked $2.5B of revenue in FY2025 in the Industrials sector and kept 42.0% of it as gross profit — a solid-margin business by that measure. After every other cost, 2.0% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $1.2B (FY2009) to $2.5B (FY2025) — about 4.8% a year compounded over 16 years.

It earned 9.7% on invested capital in FY2025, with a median of 5.0% across 17 filed years. The Returns on Capital filter above scores it 11/100.

The balance sheet carried $1.4B of total debt in FY2025 against $51.1M of owner earnings — roughly 27.6 years of owner earnings to retire it all. Balance-Sheet Safety scores it 0/100.

The share count has held roughly flat between FY2018 and FY2025. Capital Discipline scores it 56/100.

Put together: Capital Discipline is the strongest of the four filters (56/100) and Balance-Sheet Safety the weakest (0/100), which is how GFF lands at 25/100 — a None moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

RevenueSales, as filed$2.5B FY2025

Gross marginRevenue kept after cost of goods42.0% FY2025

Return on invested capitalOperating profit on the capital employed9.7% FY2025

Owner earningsCash an owner could take out$51.1M FY2025

Gaps in a line mean that item isn’t in GFF’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale24.8 / 100

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — GFF has read No moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Industrials context

#235 of 309 scored Industrials companies, ranked by Moat Score.

Nearest peers by Moat Score

#233TWIN TWIN DISC INC25.1 out of 100, No moatNo moat
#234CCL Carnival Corporation Ltd.24.9 out of 100, No moatNo moat
#236OCC OPTICAL CABLE CORPORATION24.5 out of 100, No moatNo moat
#237WTER ALKALINE WATER Co INC24.3 out of 100, No moatNo moat

Compare GFF with its nearest peers →All Industrials companies on the Index →

Common questions about GFF

Does GRIFFON CORPORATION have an economic moat?: Based on its FY2025 SEC filings, the Moat Index scores GRIFFON CORPORATION (GFF) 24.8 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 34, returns on capital 11, balance-sheet safety 0, capital discipline 56.
Is GFF stock trading below its intrinsic value?: Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $18.61 per share versus a recent price of $91.47 — 392% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has GFF's Moat Score changed over time?: The record logs 3 readings since Jul 17, 2026; the latest reads 24.8 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

Embed this score on your site

One iframe, no script. The badge shows GFF’s live Moat Score, updates itself as new filings are scored, and links back here. How it works.

<iframe
  src="https://buylikebuffett.com/embed/GFF"
  width="340" height="150" style="border:0"
  title="GFF Moat Score — The Moat Index"
  loading="lazy"></iframe>

Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell GFF. See the disclaimer.