Griffon Return On Assets from 2010 to 2024

GFF Stock  USD 84.30  0.79  0.95%   
Griffon's Return On Assets are increasing over the last several years with stable swings. Return On Assets are estimated to finish at 0.09 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Griffon earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.0885285
Current Value
0.093
Quarterly Volatility
0.04467876
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Griffon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Griffon's main balance sheet or income statement drivers, such as Depreciation And Amortization of 38.8 M, Interest Expense of 98.9 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0102 or PTB Ratio of 15.55. Griffon financial statements analysis is a perfect complement when working with Griffon Valuation or Volatility modules.
  
Check out the analysis of Griffon Correlation against competitors.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.

Latest Griffon's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Griffon over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Griffon's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Griffon's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

Griffon Return On Assets Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.02
Coefficient Of Variation202.01
Mean Deviation0.03
Median0.02
Standard Deviation0.04
Sample Variance0
Range0.1952
R-Value0.24
Mean Square Error0
R-Squared0.06
Significance0.38
Slope0
Total Sum of Squares0.03

Griffon Return On Assets History

2024 0.093
2023 0.0885
2022 0.0321
2021 -0.1
2020 0.0304
2019 0.0218
2018 0.018

About Griffon Financial Statements

Griffon stakeholders use historical fundamental indicators, such as Griffon's Return On Assets, to determine how well the company is positioned to perform in the future. Although Griffon investors may analyze each financial statement separately, they are all interrelated. For example, changes in Griffon's assets and liabilities are reflected in the revenues and expenses on Griffon's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Griffon. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.09  0.09 

Currently Active Assets on Macroaxis

When determining whether Griffon is a strong investment it is important to analyze Griffon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Griffon's future performance. For an informed investment choice regarding Griffon Stock, refer to the following important reports:
Check out the analysis of Griffon Correlation against competitors.
For more detail on how to invest in Griffon Stock please use our How to Invest in Griffon guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Griffon. If investors know Griffon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Griffon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.653
Dividend Share
0.6
Earnings Share
4.23
Revenue Per Share
55.147
Quarterly Revenue Growth
0.029
The market value of Griffon is measured differently than its book value, which is the value of Griffon that is recorded on the company's balance sheet. Investors also form their own opinion of Griffon's value that differs from its market value or its book value, called intrinsic value, which is Griffon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Griffon's market value can be influenced by many factors that don't directly affect Griffon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Griffon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Griffon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Griffon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.