Griffon Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $51.1M | $209.9M | $77.6M | $-191.6M | $79.2M | $53.4M | $37.3M | $125.7M |
| Depreciation & Amortization | $39.7M | $37.9M | $43.1M | $64.7M | $52.3M | $52.1M | $51.5M | $55.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $23.3M | $22.8M | $22.4M | $18.2M | $9.6M | $9.5M | $9.4M | $9.1M |
| Stock-Based Compensation | $25.5M | $26.8M | $41.1M | $33.1M | $20.1M | $17.6M | $15.9M | $19.6M |
| Net Cash from Operating Activities | $357.4M | $380.0M | $431.8M | $59.2M | $69.8M | $106.9M | $90.3M | $58.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $52.4M | $68.4M | $63.6M | $42.5M | $37.0M | $41.2M | $34.9M | $50.1M |
| Business Acquisitions | $0 | $14.6M | $0 | $851.5M | $2.2M | $10.5M | $9.2M | $430.9M |
| Net Cash from Investing Activities | — | — | — | — | — | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | $39.7M | $35.8M | $133.8M | $126.7M | $17.1M | $14.5M | $13.7M | $49.8M |
| Stock Repurchases | $183.3M | $309.9M | $164.0M | $10.9M | $3.4M | $7.5M | $1.5M | $45.6M |
| Net Cash from Financing Activities | $-338.7M | $-298.7M | $-400.2M | $393.3M | $-28.2M | $68.2M | $-35.0M | $39.1M |
| Net Change in Cash | $-15.4M | $11.5M | $-17.3M | $-128.5M | $30.6M | $145.7M | $2.6M | $22.1M |
| Free Cash Flow | $305.0M | $311.6M | $368.2M | $16.8M | $32.9M | $65.7M | $55.5M | $8.1M |