Griffon vs Watts Water Technologies
Griffon reported revenue of $2.5 billion in fiscal 2025, about the same as Watts Water Technologies' $2.4 billion in fiscal 2025. Griffon's revenue fell 4.0% in its latest year, and Watts Water Technologies' grew 8.3%. Griffon had an operating margin of 8.2%, against 18.4% at Watts Water Technologies. Free cash flow was $305 million at Griffon and $356 million at Watts Water Technologies. Their fiscal years end in different months (September 30 and December 31), so the periods don't line up exactly.
Side by side
| Griffon | Watts Water Technologies | |
|---|---|---|
| Latest fiscal year | FY2025, Sep 30, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $2.5B | $2.4B |
| Revenue growth | −4.0% | 8.3% |
| Revenue growth a year, last 5 years | 4.0% | 10.1% |
| Gross margin | 42.0% | 49.5% |
| Operating margin | 8.2% | 18.4% |
| Net margin | 2.0% | 14.0% |
| Free cash flow | $305M | $356M |
| Free cash flow margin | 12.1% | 14.6% |
| Return on capital | 6.8% | 20.5% |
| Net debt to EBITDA | 5.3x | −0.4x |
| Dividends and buybacks | $223M | $83M |
| Change in diluted share count | −6.0% | 0.0% |
| Last close | $101.03 | $346.14 |
| P/E at the last close | 25.9× | 25.9× |
| Insider trades, last 12 months | bought $79,990, sold $37.5 million | sold $17.4 million |
| Piotroski F-score | 5 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
GriffonWatts Water Technologies
Operating margin
Percent of revenue
GriffonWatts Water Technologies
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
GriffonWatts Water Technologies
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Griffon and Watts Water Technologies pages.