SPLP vs. GFF
SPLP (Steel Partners Holdings L.P.) and GFF (Griffon Corporation) are both stocks. Both are in the Industrials sector — SPLP in Conglomerates, GFF in Tools & Accessories. Over the past 10 years, SPLP returned 14.26%/yr vs 21.55%/yr for GFF. At a 0.11 correlation, their price movements are largely independent.
Performance
SPLP vs. GFF - Performance Comparison
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Returns By Period
In the year-to-date period, SPLP achieves a 16.25% return, which is significantly lower than GFF's 17.55% return. Over the past 10 years, SPLP has underperformed GFF with an annualized return of 14.26%, while GFF has yielded a comparatively higher 21.55% annualized return.
SPLP
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 16.25%
- 6M
- 18.48%
- 1Y
- 25.94%
- 3Y*
- 4.45%
- 5Y*
- 13.13%
- 10Y*
- 14.26%
GFF
- 1D
- 1.48%
- 1M
- -2.70%
- YTD
- 17.55%
- 6M
- 16.10%
- 1Y
- 26.19%
- 3Y*
- 37.45%
- 5Y*
- 32.07%
- 10Y*
- 21.55%
SPLP vs. GFF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SPLP Steel Partners Holdings L.P. | 16.25% | 1.06% | 6.40% | -6.54% | 1.90% | 290.70% | -11.16% | -9.70% | -28.34% | 28.68% |
GFF Griffon Corporation | 17.55% | 4.42% | 17.97% | 83.96% | 36.91% | 41.60% | 1.83% | 97.74% | -44.92% | -21.43% |
Correlation
The correlation between SPLP and GFF is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2012 | 0.11 |
The correlation between SPLP and GFF shifts across timeframes, from 0.01 (1 year) to 0.13 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SPLP:
$1.07B
GFF:
$3.94B
SPLP:
$11.26
GFF:
$0.76
SPLP:
4.44
GFF:
114.02
SPLP:
0.09
GFF:
1.48
SPLP:
0.53
GFF:
1.69
SPLP:
$2.09B
GFF:
$2.35B
SPLP:
$903.90M
GFF:
$1.00B
SPLP:
$426.81M
GFF:
$245.38M
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Return for Risk
SPLP vs. GFF — Risk / Return Rank
SPLP
GFF
SPLP vs. GFF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Steel Partners Holdings L.P. (SPLP) and Griffon Corporation (GFF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| SPLP | GFF | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.74 | 0.74 | 0.00 |
Sortino ratioReturn per unit of downside risk | 1.27 | 1.20 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.15 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.87 | 0.94 | +0.92 |
Martin ratioReturn relative to average drawdown | 7.45 | 2.48 | +4.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPLP | GFF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.74 | 0.74 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.78 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.48 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.04 | +0.30 |
Drawdowns
SPLP vs. GFF - Drawdown Comparison
The maximum SPLP drawdown since its inception was -77.36%, smaller than the maximum GFF drawdown of -96.84%. Use the drawdown chart below to compare losses from any high point for SPLP and GFF.
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Drawdown Indicators
| SPLP | GFF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.36% | -96.84% | +19.48% |
Max Drawdown (1Y)Largest decline over 1 year | -15.11% | -27.85% | +12.74% |
Max Drawdown (3Y)Largest decline over 3 years | -35.36% | -27.85% | -7.51% |
Max Drawdown (5Y)Largest decline over 5 years | -35.36% | -39.02% | +3.66% |
Max Drawdown (10Y)Largest decline over 10 years | -77.36% | -61.32% | -16.04% |
Current DrawdownCurrent decline from peak | -1.48% | -8.71% | +7.23% |
Average DrawdownAverage peak-to-trough decline | -16.44% | -55.50% | +39.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 10.58% | -6.93% |
Volatility
SPLP vs. GFF - Volatility Comparison
The current volatility for Steel Partners Holdings L.P. (SPLP) is 0.00%, while Griffon Corporation (GFF) has a volatility of 11.69%. This indicates that SPLP experiences smaller price fluctuations and is considered to be less risky than GFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPLP | GFF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 11.69% | -11.69% |
Volatility (6M)Calculated over the trailing 6-month period | 31.29% | 24.84% | +6.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.92% | 35.41% | +2.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.26% | 41.11% | -4.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.40% | 45.31% | -7.91% |
Dividends
SPLP vs. GFF - Dividend Comparison
SPLP has not paid dividends to shareholders, while GFF's dividend yield for the trailing twelve months is around 0.98%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GFF Griffon Corporation | 0.98% | 1.03% | 0.88% | 4.10% | 6.62% | 1.16% | 1.50% | 1.44% | 12.27% | 1.23% | 0.80% | 0.96% |
SPLP Steel Partners Holdings L.P. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 5.60% | 1.92% | 0.97% | 0.00% |
Financials
SPLP vs. GFF - Financials Comparison
This section allows you to compare key financial metrics between Steel Partners Holdings L.P. and Griffon Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SPLP vs. GFF - Profitability Comparison
SPLP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Steel Partners Holdings L.P. reported a gross profit of 241.61M and revenue of 543.55M. Therefore, the gross margin over that period was 44.5%.
GFF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Griffon Corporation reported a gross profit of 191.99M and revenue of 421.86M. Therefore, the gross margin over that period was 45.5%.
SPLP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Steel Partners Holdings L.P. reported an operating income of 91.93M and revenue of 543.55M, resulting in an operating margin of 16.9%.
GFF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Griffon Corporation reported an operating income of 87.35M and revenue of 421.86M, resulting in an operating margin of 20.7%.
SPLP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Steel Partners Holdings L.P. reported a net income of 71.23M and revenue of 543.55M, resulting in a net margin of 13.1%.
GFF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Griffon Corporation reported a net income of 46.94M and revenue of 421.86M, resulting in a net margin of 11.1%.
Frequently Asked Questions
SPLP and GFF have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GFF has higher volatility (11.69%) compared to SPLP (0.00%). In terms of maximum drawdown, SPLP dropped -77.36% vs GFF's -96.84%.
GFF currently has the higher Sharpe Ratio (0.74 vs 0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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