EAF NYSE Electrical Industrial Apparatus Financials FY2016βFY2025
Graftech International Ltd had $504M of revenue in fiscal 2025, down 6.4% on the year before. Over five years, revenue changed β16.3% a year on average.
Last close Β· Oct 23, 2026
$8.51
14.2%Hi! I read Graftech International Ltdβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β6.4%
No. Sales fell 6.4% last year.
Does it make a profit?
β43.6%
No. It lost money last year.
Does profit turn into cash?
β23.9%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Graftech International Ltd did it, and the next one. Share prices often move a lot on those days.
Next results
February 5, 2027
Friday Β· in 102 days
Estimated from the same quarter last year. It will be replaced by the announced date once there is one.
See who else reports that week β| Date | Results for | Time | Source |
|---|---|---|---|
| Oct 23, 2026 | Q3 '26 | Before the market opens | 8-K β |
| Jul 24, 2026 | Q2 '26 | Before the market opens | 8-K β |
| May 1, 2026 | Q1 '26 | Before the market opens | 8-K β |
| Feb 6, 2026 | Q4 '25 | Before the market opens | 8-K β |
| Oct 24, 2025 | Q3 '25 | Before the market opens | 8-K β |
| Jul 25, 2025 | Q2 '25 | Before the market opens | 8-K β |
| Apr 25, 2025 | Q1 '25 | Before the market opens | 8-K β |
| Feb 7, 2025 | Q4 '24 | Before the market opens | 8-K β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Graftech International Ltd had $504M of revenue in fiscal 2025, down 6.4% on the year before. Over five years, revenue changed β16.3% a year on average. Its operating margin was β15.3%, down 1.3Β pts: of every 100 in sales, about β15 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Graftech International Ltd lost $220M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$121M in fiscal 2025, β23.9% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
KIRA Β· Graftech International Ltd returned $0.0M to shareholders in fiscal 2025. The diluted share count rose 0.9%.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· Graftech International Ltd owes $957M more than it holds in cash.
Cash, debt and the ratios that show how comfortably Graftech International Ltd can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $57.5M | $135M | $177M | $256M | $138M |
| Debt incl. finance leases | $1.0B | $922M | $926M | $1.1B | $1.1B |
| Net debt / EBITDA | 1.7x | 1.5x | β | β | β |
| Debt / equity | 44.0x | 2.7x | 11.8x | β | β |
| Interest coverage | 7.4x | 13.0x | β3.7x | β0.9x | β0.7x |
| Current ratio | 2.7x | 3.4x | 3.5x | 4.6x | 3.8x |
| Quick ratio | 1.4x | 1.5x | 1.8x | 2.9x | 2.0x |
| Total assets | $1.4B | $1.6B | $1.3B | $1.2B | $1.0B |
| Total liabilities | $1.4B | $1.3B | $1.2B | $1.3B | $1.3B |
| Shareholders' equity | $23.4M | $338M | $78.2M | β$78.9M | β$260M |
| Net debt (β = net cash) | $972M | $787M | $749M | $831M | $957M |
KIRA Β· Its return on capital was β8.7%: every 100 invested in the business earned about β9 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Graftech International Ltd passes 3 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 7 / 9 | 7 / 9 | 6 / 9 | 6 / 9 | 6 / 9 | 5 / 9 | 4 / 9 | 3 / 9 | 3 / 9 |
| Accruals ratio | β22.1% | β2.4% | 1.3% | β4.0% | β8.7% | β3.8% | 3.9% | β22.9% | β7.2% | β12.3% |
| Altman Z'' | 0.95 | 1.67 | 1.84 | 2.85 | 2.10 | 2.57 | 3.81 | β0.26 | 0.07 | β1.65 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $438M | $551M | $1.9B | $1.8B | $1.2B | $1.3B | $1.3B | $621M | $539M | $504M |
| Gross profit | β$30.2M | $87.7M | $1.2B | $1.0B | $660M | $644M | $555M | $36.2M | β$19.9M | β$15.7M |
| Research and development | $2.5M | $3.5M | $2.1M | $2.7M | $4.0M | $3.8M | $3.6M | $5.5M | $5.7M | $6.5M |
| Operating income | β$94.1M | $31.8M | $1.1B | $974M | $589M | $508M | $474M | β$214M | β$75.2M | β$77.1M |
| Interest expense | $26.9M | $30.8M | $135M | $127M | $98.1M | $68.8M | $36.6M | $58.1M | $85.3M | $104M |
| Pretax income | β$116M | $3.4M | $903M | $843M | $510M | $456M | $452M | β$274M | β$153M | β$170M |
| Income tax | β$7.6M | β$10.8M | $48.9M | $98.2M | $75.7M | $68.1M | $69.4M | β$18.5M | β$22.1M | $49.4M |
| Net income | β$236M | $8.0M | $854M | $745M | $434M | $388M | $383M | β$255M | β$131M | β$220M |
| Diluted EPS | β$0.78 | $0.03 | $2.87 | $2.58 | $1.62 | $1.46 | $1.48 | β$9.93 | β$5.09 | β$8.45 |
| Diluted shares | 0.30B | 0.30B | 0.30B | 0.29B | 0.27B | 0.27B | 0.26B | 0.03B | 0.03B | 0.03B |
| Cash flow | ||||||||||
| Cash from operations | $22.8M | $36.6M | $837M | $805M | $564M | $443M | $325M | $76.6M | β$40.1M | β$81.6M |
| Capital expenditure | $27.9M | $34.7M | $68.2M | $64.1M | $36.1M | $58.3M | $72.2M | $54.0M | $34.3M | $38.9M |
| Free cash flow | β$5.0M | $1.9M | $768M | $741M | $528M | $385M | $252M | $22.5M | β$74.4M | β$121M |
| Depreciation and amortization | $82.9M | $66.4M | $66.4M | $61.8M | $63.0M | $65.7M | $55.5M | $56.9M | $62.2M | $61.6M |
| Stock-based compensation | $0.0M | $0.0M | $1.2M | $2.1M | $2.7M | $16.6M | $2.3M | $4.4M | $6.0M | $5.0M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $10.9M | $30.1M | $50.0M | $60.0M | $0.0M | $0.0M | β |
| Dividends paid | $0.0M | $0.0M | $55.6M | $20.6M | $8.6M | $7.4M | $10.3M | $5.1M | $0.0M | $0.0M |
| Dividends and buybacks | $0.0M | $0.0M | $55.6M | $31.5M | $38.7M | $57.4M | $70.3M | $5.1M | $0.0M | $0.0M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $11.6M | $13.4M | $49.9M | $80.9M | $145M | $57.5M | $135M | $177M | $256M | $138M |
| Total debt | $374M | $2.2B | $2.3B | $1.8B | $1.4B | $1.0B | $922M | $926M | $1.1B | $1.1B |
| Finance lease liabilities | β | β | β | β | β | β | $0.0M | $0.3M | $0.4M | $0.4M |
| Current assets | $331M | $355M | $638M | $683M | $629M | $628M | $815M | $675M | $637M | $485M |
| Current liabilities | $112M | $152M | $327M | $220M | $198M | $235M | $238M | $191M | $140M | $128M |
| Inventory | $156M | $174M | $294M | $314M | $266M | $289M | $448M | $330M | $231M | $225M |
| Property and equipment, net | $509M | $513M | $514M | $513M | $506M | $501M | $519M | $522M | $483M | $490M |
| Goodwill | $171M | $171M | $171M | $171M | $171M | $171M | $171M | $0.0M | β | β |
| Intangible assets | $122M | $109M | $96.0M | $83.9M | $72.4M | $61.7M | $51.5M | $42.4M | $34.4M | $27.1M |
| Total assets | $1.2B | $1.2B | $1.5B | $1.5B | $1.4B | $1.4B | $1.6B | $1.3B | $1.2B | $1.0B |
| Total liabilities | $595M | $586M | $2.6B | $2.2B | $1.8B | $1.4B | $1.3B | $1.2B | $1.3B | $1.3B |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $577M | $613M | β$1.1B | β$691M | β$329M | $23.4M | $338M | $78.2M | β$78.9M | β$260M |
| Margins | ||||||||||
| Gross margin | β6.9% | 15.9% | 62.8% | 58.1% | 53.9% | 47.9% | 43.3% | 5.8% | β3.7% | β3.1% |
| Operating margin | β21.5% | 5.8% | 59.4% | 54.4% | 48.1% | 37.8% | 37.0% | β34.6% | β14.0% | β15.3% |
| EBITDA margin | β2.6% | 17.8% | 62.9% | 57.8% | 53.2% | 42.6% | 41.3% | β25.4% | β2.4% | β3.1% |
| Net margin | β53.9% | 1.4% | 45.1% | 41.6% | 35.5% | 28.9% | 29.9% | β41.1% | β24.3% | β43.6% |
| FCF margin | β1.2% | 0.3% | 40.5% | 41.4% | 43.1% | 28.6% | 19.7% | 3.6% | β13.8% | β23.9% |
| Returns | ||||||||||
| Return on capital | β7.9% | 1.1% | 93.7% | 82.7% | 53.0% | 43.4% | 35.7% | β20.5% | β7.9% | β8.7% |
| Return on capital employed | β8.9% | 3.0% | 95.6% | 74.6% | 47.7% | 43.1% | 34.7% | β19.5% | β6.9% | β8.6% |
| Return on equity | β40.8% | 1.3% | β | β | β | β | 212.1% | β122.7% | β | β |
| Return on assets | β20.1% | 0.7% | 63.2% | 49.1% | 29.4% | 27.3% | 25.4% | β17.6% | β10.4% | β19.5% |
| Return on tangible equity | β83.1% | 2.4% | β | β | β | β | 332.9% | β711.5% | β | β |
| Growth | ||||||||||
| Revenue growth | β | 25.8% | 244.2% | β5.5% | β31.6% | 9.9% | β4.8% | β51.6% | β13.2% | β6.4% |
| Net income growth | β | β | 10,600.5% | β12.8% | β41.7% | β10.6% | β1.4% | β166.7% | β | β |
| EPS growth | β | β | 9,466.7% | β10.1% | β37.2% | β9.9% | 1.4% | β770.9% | β | β |
| FCF growth | β | β | 40,150.5% | β3.5% | β28.8% | β27.1% | β34.4% | β91.1% | β430.4% | β |
| Share count change | β | 0.0% | β1.5% | β2.9% | β7.3% | β0.6% | β2.8% | β90.1% | 0.2% | 0.9% |
| Financial health | ||||||||||
| Net debt / EBITDA | β | 22.0x | 1.9x | 1.7x | 2.0x | 1.7x | 1.5x | β | β | β |
| Debt / equity | 0.6x | 3.5x | β | β | β | 44.0x | 2.7x | 11.8x | β | β |
| Interest coverage | β3.5x | 1.0x | 8.3x | 7.6x | 6.0x | 7.4x | 13.0x | β3.7x | β0.9x | β0.7x |
| Current ratio | 2.9x | 2.3x | 2.0x | 3.1x | 3.2x | 2.7x | 3.4x | 3.5x | 4.6x | 3.8x |
| Quick ratio | 1.6x | 1.2x | 1.1x | 1.7x | 1.8x | 1.4x | 1.5x | 1.8x | 2.9x | 2.0x |
| Capital allocation | ||||||||||
| Capex / revenue | 6.4% | 6.3% | 3.6% | 3.6% | 2.9% | 4.3% | 5.6% | 8.7% | 6.4% | 7.7% |
| Stock comp / revenue | 0.0% | 0.0% | 0.1% | 0.1% | 0.2% | 1.2% | 0.2% | 0.7% | 1.1% | 1.0% |
| Payouts / FCF | β | 0.0% | 7.2% | 4.2% | 7.3% | 14.9% | 27.9% | 22.8% | β | β |
| Quality scores | ||||||||||
| Piotroski F-score | β | 7.0 | 7.0 | 6.0 | 6.0 | 6.0 | 5.0 | 4.0 | 3.0 | 3.0 |
| Altman Z'' | 1.0 | 1.7 | 1.8 | 2.8 | 2.1 | 2.6 | 3.8 | β0.3 | 0.1 | β1.7 |
| Accruals ratio | β22.1% | β2.4% | 1.3% | β4.0% | β8.7% | β3.8% | 3.9% | β22.9% | β7.2% | β12.3% |
Source: SEC EDGAR XBRL filings (CIK 0000931148). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
