GRAFTECH INTERNATIONAL LTD EAF

Industrials SIC 3620 - Electrical Industrial Apparatus NAICS Manufacturing › Electrical Equipment, Appliance, and Component Manufacturing derived NYSE

GrafTech International Ltd., founded in 1886 and incorporated in Delaware, is a leading manufacturer of high-quality graphite electrode products essential to the production of EAF steel and other ferrous and non-ferrous metals. We believe that we have a competitive portfolio of low-cost ultra-high power ("UHP") graphite electrode manufacturing facilities, with some of the highest capacity facilities in the world. We have graphite electrode manufacturing facilities in Calais, France; Pamplona, Spain; Monterrey, Mexico and St. Marys, Pennsylvania (idled in 2024). We are the only large-scale graphite electrode producer that is substantially vertically integrated into petroleum needle coke, our key raw material for graphite electrode manufacturing. This unique position provides us with a number of competitive advantages.

Last close 8.51 2026-10-23
Market cap $222.0M 2026-06-30 share count
52-week range 4.92 - 19.72

Valuation FY2025 figures against the last close

P/S0.4x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield0.0%
Diluted EPS-8.45

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Europe, Middle East, Africa
  • Americas (excluding the United States)
  • Asia Pacific
Revenue by geography, 4 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 206.2M (40.9%) 41% United States Europe, Middle East, Africa, FY2025: 198.9M (39.5%) 39% Europe, Middle East, Africa Americas (excluding the United States), FY2025: 67.1M (13.3%) 13% Asia Pacific, FY2025: 31.9M (6.3%) 6% FY2024 United States, FY2024: 171.2M (31.8%) 32% Europe, Middle East, Africa, FY2024: 214.5M (39.8%) 40% Americas (excluding the United States), FY2024: 95.5M (17.7%) 18% Asia Pacific, FY2024: 57.6M (10.7%) 11% FY2023 United States, FY2023: 206.3M (33.2%) 33% Europe, Middle East, Africa, FY2023: 247.7M (39.9%) 40% Americas (excluding the United States), FY2023: 100.4M (16.2%) 16% Asia Pacific, FY2023: 66.2M (10.7%) 11%
Region FY2025FY2024FY2023
United States $206.2M $171.2M $206.3M
Europe, Middle East, Africa $198.9M $214.5M $247.7M
Americas (excluding the United States) $67.1M $95.5M $100.4M
Asia Pacific $31.9M $57.6M $66.2M

As the company reported it, from the “Segment Reporting Revenue from External Customers by Products and Services (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $504.1M$538.8M$620.5M$1.28B$1.35B$1.22B$1.79B$1.90B$550.8M$438.0M
Cost of revenue ———$726.4M$701.3M$563.9M$750.4M$705.7M$463.1M$449.2M
Gross profit -$15.7M-$19.9M$36.2M$554.9M$644.5M$660.5M$1.04B$1.19B$87.7M-$30.2M
R&D $6.5M$5.7M$5.5M$3.6M$3.8M$4.0M$2.7M$2.1M$3.5M$2.5M
SG&A $54.9M$46.5M$74.0M$77.0M$132.6M$67.9M$63.7M$62.0M$52.5M$58.5M
Operating income -$77.1M-$75.2M-$214.4M$474.3M$508.1M$588.6M$974.0M$1.13B$31.8M-$94.1M
Interest expense $104.1M$85.3M$58.1M$36.6M$68.8M$98.1M$127.3M$135.1M$30.8M$26.9M
Pre-tax income -$170.4M-$153.3M-$273.8M$452.3M$456.4M$510.0M$842.8M$902.8M$3.4M-$116.4M
Income tax $49.4M$22.1M$18.5M$69.4M$68.1M$75.7M$98.2M$48.9M$10.8M$7.6M
Net income -$219.8M-$131.2M-$255.2M$383.0M$388.3M$434.4M$744.6M$854.2M$8.0M-$235.8M
EPS, basic -8.45-5.09-9.931.481.461.622.582.870.03-0.78
EPS, diluted -8.45-5.09-9.931.481.461.622.582.870.03-0.78
Shares, diluted (wtd. avg.) 26.0M25.8M25.7M258.8M266.3M267.9M289.1M297.8M302.2M302.2M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $138.4M$256.2M$176.9M$134.6M$57.5M$145.4M$80.9M$49.9M$13.4M$11.6M
Inventory $224.7M$231.2M$330.1M$447.7M$289.4M$266.0M$313.6M$293.7M——
Total current assets $484.5M$636.8M$674.8M$815.2M$627.9M$629.2M$682.6M$638.1M——
Property, plant and equipment $489.9M$482.7M$522.1M$519.1M$501.5M$506.2M$513.0M$513.7M——
Goodwill ——$0$171.1M$171.1M$171.1M$171.1M$171.1M$171.1M—
Other intangibles $27.1M$34.4M$42.4M$51.5M$61.7M$72.4M$83.9M$96.0M——
Total assets $1.03B$1.22B$1.29B$1.60B$1.41B$1.43B$1.53B$1.51B——
Accounts payable $67.0M$72.8M$83.3M$103.2M$117.1M$71.0M$78.7M$88.1M——
Short-term debt —$0$134.0K$124.0K$127.0K$131.0K$141.0K$106.3M——
Total current liabilities $128.2M$139.9M$190.5M$237.9M$234.6M$198.1M$220.2M$327.1M——
Long-term debt $1.09B$1.09B$925.5M$921.8M$1.03B$1.42B$1.81B$2.05B$2.16B—
Retained earnings -$1.01B-$793.5M-$662.4M-$401.9M-$733.2M-$1.07B-$1.45B-$1.89B——
Total equity -$259.6M-$78.9M$78.2M$337.7M$23.4M-$329.4M-$691.1M-$1.08B$613.2M$577.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow -$81.6M-$40.1M$76.6M$324.6M$443.0M$563.6M$805.3M$836.6M$36.6M$22.8M
Depreciation and amortisation $54.3M$54.3M$47.7M$45.4M$55.0M$51.5M$49.7M$53.5M$50.4M$63.4M
Stock-based compensation $5.0M$6.0M$4.4M$2.3M$16.6M$2.7M$2.1M———
Capital expenditure $38.9M$34.3M$54.0M$72.2M$58.3M$36.1M$64.1M$68.2M$34.7M$27.9M
Investing cash flow -$38.3M-$34.2M-$53.8M-$72.0M-$57.9M-$35.7M-$63.9M-$67.3M-$2.2M-$10.5M
Financing cash flow -$341.0K$155.7M$18.7M-$176.3M-$471.8M-$463.7M-$709.6M-$731.0M-$33.0M-$8.3M
Dividends paid $0$0$5.1M$10.3M$7.4M$8.6M$20.6M$55.6M$0$0
Buybacks —$0$0$60.0M$50.0M$30.1M$10.9M$0$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000931148-26-000017.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B Revenue, FY2016: 438M Gross profit, FY2016: -30.2M Net income, FY2016: -235.8M Revenue, FY2017: 550.8M Gross profit, FY2017: 87.7M Net income, FY2017: 8M Revenue, FY2018: 1.9B Gross profit, FY2018: 1.2B Net income, FY2018: 854.2M Revenue, FY2019: 1.8B Gross profit, FY2019: 1B Net income, FY2019: 744.6M Revenue, FY2020: 1.2B Gross profit, FY2020: 660.5M Net income, FY2020: 434.4M Revenue, FY2021: 1.3B Gross profit, FY2021: 644.5M Net income, FY2021: 388.3M Revenue, FY2022: 1.3B Gross profit, FY2022: 554.9M Net income, FY2022: 383M Revenue, FY2023: 620.5M Gross profit, FY2023: 36.2M Net income, FY2023: -255.2M Revenue, FY2024: 538.8M Gross profit, FY2024: -19.9M Net income, FY2024: -131.2M Revenue, FY2025: 504.1M Gross profit, FY2025: -15.7M Net income, FY2025: -219.8M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $438.0M $550.8M $1.90B $1.79B $1.22B $1.35B $1.28B $620.5M $538.8M $504.1M
Gross profit -$30.2M $87.7M $1.19B $1.04B $660.5M $644.5M $554.9M $36.2M -$19.9M -$15.7M
Net income -$235.8M $8.0M $854.2M $744.6M $434.4M $388.3M $383.0M -$255.2M -$131.2M -$219.8M

Recent filings and events

  • Restructuring or exit costs A restructuring: layoffs, a plant closure, a business being wound down. Item 2.05
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced Item 2.02
  • Shareholder vote Item 5.07
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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