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REPORTABLE SEGMENTS (Tables)

6 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Reportable Segments from Continuing Operations

Information on Griffon’s reportable segments is as follows:

			For the Three Months Ended March 31,												For the Six Months Ended March 31,
REVENUE			2025						2024						2025						2024
Home and Building Products			$	368,248					$	392,062					$	763,649					$	787,853
Consumer and Professional Products			243,498						280,818						480,468						528,180
Total revenue			$	611,746					$	672,880					$	1,244,117					$	1,316,033

The following table provides a reconciliation of segment adjusted EBITDA and adjusted EBITDA to income before taxes:

			For the Three Months Ended March 31,												For the Six Months Ended March 31,
			2025						2024						2025						2024
Segment adjusted EBITDA:
Home and Building Products			$	109,434					$	128,924					$	236,476					$	253,643
Consumer and Professional Products			23,726						20,121						41,918						25,660
Segment adjusted EBITDA			133,160						149,045						278,394						279,303
Unallocated amounts, excluding depreciation *			(14,635)						(14,814)						(28,677)						(28,721)
Adjusted EBITDA			118,525						134,231						249,717						250,582
Net interest expense			(23,222)						(25,512)						(47,703)						(50,387)
Depreciation and amortization			(15,650)						(15,080)						(31,264)						(29,903)
Restructuring charges			—						(2,401)						—						(14,801)
Gain on sale of real estate			183						11						8,157						558
Strategic review - retention and other			(1,199)						(2,676)						(2,850)						(7,334)
Income before taxes			$	78,637					$	88,573					$	176,057					$	148,715

* Unallocated amounts typically include general corporate expenses not attributable to a reportable segment.

			For the Three Months Ended March 31,												For the Six Months Ended March 31,
DEPRECIATION and AMORTIZATION			2025						2024						2025						2024
Segment:
Home and Building Products			$	4,334					$	3,772					$	8,609					$	7,405
Consumer and Professional Products			11,178						11,171						22,396						22,228
Total segment depreciation and amortization			15,512						14,943						31,005						29,633
Corporate			138						137						259						270
Total consolidated depreciation and amortization			$	15,650					$	15,080					$	31,264					$	29,903
			For the Three Months Ended March 31,												For the Six Months Ended March 31,
			2025						2024						2025						2024
CAPITAL EXPENDITURES
Segment:
Home and Building Products			$	9,359					$	12,525					$	18,190					$	23,033
Consumer and Professional Products			4,101						6,368						8,462						10,117
Total segment			13,460						18,893						26,652						33,150
Corporate			258						66						4,522						139
Total consolidated capital expenditures			$	13,718					$	18,959					$	31,174					$	33,289

ASSETS			At March 31, 2025						At September 30, 2024
Segment assets:
Home and Building Products			$	744,673					$	737,992
Consumer and Professional Products(1)			1,438,250						1,495,489
Total segment assets			2,182,923						2,233,481
Corporate			155,433						133,408
Total assets			2,338,356						2,366,889
Discontinued operations			5,585						4,065
Consolidated total			$	2,343,941					$	2,370,954

___________________

(1) In connection with the expansion of CPP's global sourcing strategy, certain owned manufacturing locations which ceased operations have met the criteria to be classified as held for sale. The net book value of these properties as of March 31, 2025 and September 30, 2024 totaled $5,450 and $14,532, respectively.

Schedule of Disaggregation of Revenue by End Market and Segment

The following table presents revenue disaggregated by end market and segment:

			Three Months Ended March 31,									Six Months Ended March 31,
			2025						2024			2025						2024
Residential repair and remodel			$	174,312					$	188,529		$	368,994					$	375,070
Commercial			162,355						170,740			329,222						347,733
Residential new construction			31,581						32,793			65,433						65,050
Total Home and Building Products			368,248						392,062			763,649						787,853
Residential repair and remodel			78,338						97,044			148,597						173,108
Retail			52,518						73,511			99,781						142,789
Residential new construction			12,498						13,676			26,879						27,681
Industrial			17,562						16,372			31,416						31,149
International excluding North America			82,582						80,215			173,795						153,453
Total Consumer and Professional Products			243,498						280,818			480,468						528,180
Total Consolidated Revenue			$	611,746					$	672,880		$	1,244,117					$	1,316,033

The following tables present revenue disaggregated by geography based on the location of the Company's customer:

			For the Three Months Ended March 31,
			2025												2024
			HBP			CPP						Total						HBP			CPP						Total
United States			$	354,444		$	144,118					$	498,562					$	375,326		$	183,142					$	558,468
Europe			—			12,533						12,533						1			18,353						18,354
Canada			12,037			16,306						28,343						14,413			16,363						30,776
Australia			—			65,240						65,240						—			57,030						57,030
All other countries			1,767			5,301						7,068						2,322			5,930						8,252
Consolidated revenue			$	368,248		$	243,498					$	611,746					$	392,062		$	280,818					$	672,880

			For the Six Months Ended March 31,
			2025												2024
			HBP			CPP			Total						HBP			CPP			Total
United States			$	732,702		$	272,941		$	1,005,643					$	754,954		$	334,314		$	1,089,268
Europe			—			17,073			17,073						109			23,598			23,707
Canada			26,153			32,310			58,463						29,181			37,391			66,572
Australia			—			148,371			148,371						—			121,901			121,901
All other countries			4,794			9,773			14,567						3,609			10,976			14,585
Consolidated revenue			$	763,649		$	480,468		$	1,244,117					$	787,853		$	528,180		$	1,316,033

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
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