Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data GRAFTECH INTERNATIONAL LTD files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2016
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
438
551
1,896
1,791
1,224
1,346
1,281
621
539
504
Cost of revenue
449
463
706
750
564
701
726
Gross profit
-30.2
87.7
1,190
1,040
660
644
555
36.2
-19.9
-15.7
Research and development
2.53
3.46
2.13
2.68
3.98
3.77
3.64
5.52
5.71
6.48
Selling, general and administrative
58.5
52.5
62
63.7
67.9
133
77
74
46.5
54.9
Operating income
-94.1
31.8
1,126
974
589
508
474
-214
-75.2
-77.1
Interest expense
26.9
30.8
135
127
98.1
68.8
36.6
58.1
85.3
104
Interest income
0.36
0.4
1.66
4.71
1.75
0.87
4.48
3.44
5.7
6.63
Other non-operating income
4.27
2.1
-3.36
-5.2
-3.33
16.2
10.1
-4.68
1.57
4.05
Pre-tax income
-116
3.43
903
843
510
456
452
-274
-153
-170
Income tax
-7.55
-10.8
48.9
98.2
75.7
68.1
69.4
-18.5
-22.1
49.4
Income from continuing operations
-109
14.2
854
745
434
Net income
-236
7.98
854
745
434
388
383
-255
-131
-220
EBITDA
-11.2
98.2
1,192
1,036
652
574
530
-158
-13
-15.4
EPS, basic
-7.82
0.30
28.79
25.88
16.25
14.64
14.84
-9.93
-5.09
-8.45
EPS, diluted
-7.82
0.30
28.79
25.88
16.25
14.64
14.84
-9.93
-5.09
-8.45
Shares, basic (weighted)
30.1
29.7
28.8
26.7
26.5
25.8
25.7
25.8
26
Shares, diluted (weighted)
30.1
30.1
29.7
28.8
26.7
26.6
25.8
25.7
25.8
26
Dividend per share
9.37
3.41
1.15
0.40
0.40
0.02
Balance sheet
FY2016
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
11.6
13.4
49.9
80.9
145
57.5
135
177
256
138
Receivables
80.6
117
248
247
183
208
146
101
93.6
73.2
Inventory
156
174
294
314
266
289
448
330
231
225
Other current assets
2.59
5.73
4.7
4.33
3.38
11.9
19.6
11.3
8.36
7
Total current assets
331
355
638
683
629
628
815
675
637
485
Property, plant and equipment
509
513
514
513
506
501
519
522
483
490
Lease right-of-use assets
7.99
7.16
7.65
5.74
5
6.26
4.39
Goodwill
171
171
171
171
171
171
171
0
Intangible assets
122
109
96
83.9
72.4
61.7
51.5
42.4
34.4
27.1
Other non-current assets
142
130
111
104
93.7
85.7
86.7
60.4
51.6
45
Total assets
1,172
1,199
1,505
1,526
1,433
1,412
1,604
1,289
1,224
1,029
Accounts payable
47.7
69.1
88.1
78.7
71
117
103
83.3
72.8
67
Deferred revenue
20.8
5.38
9.84
27.9
31.6
11.2
0
Short-term debt
8.85
16.5
106
0.14
0.13
0.13
0.12
0.13
0
Total current liabilities
112
152
327
220
198
235
238
191
140
128
Long-term debt
357
323
2,050
1,813
1,420
1,030
922
926
1,087
1,095
Lease liabilities
3.6
3.2
3.53
2.3
2.54
4.08
2.7
Other non-current liabilities
82.1
68.9
72.5
72.6
81.5
68.7
50.8
55.6
48.6
40.4
Total liabilities
595
586
2,582
2,217
1,762
1,389
1,266
1,211
1,303
1,288
Total debt
365
2,157
2,157
1,813
1,420
1,030
922
926
1,087
1,095
Paid-in capital
854
851
820
765
758
761
745
750
755
760
Retained earnings
-269
-261
-1,893
-1,452
-1,071
-733
-402
-662
-793
-1,013
Other comprehensive income
-7.56
20.3
-5.8
-7.36
-19.6
-7.44
-8.07
-11.5
-43.4
-8.97
Shareholders' equity
577
613
-1,077
-691
-329
23.4
338
78.2
-78.9
-260
Total equity
577
613
-1,077
-691
-329
23.4
338
78.2
-78.9
-260
Total liabilities and equity
1,172
1,199
1,505
1,526
1,433
1,412
1,604
1,289
1,224
1,029
Shares outstanding
30.1
29
27
26.6
26.2
25.6
257
25.7
25.8
Cash flow statement
FY2016
FY2018
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-236
7.98
854
745
434
388
383
-255
-131
-220
Depreciation and amortization
82.9
66.4
66.4
61.8
63
65.7
55.5
56.9
62.2
61.6
Stock-based compensation
0
0
1.15
2.15
2.67
16.6
2.31
4.43
6.04
4.95
Deferred income tax
-12.1
-15.7
-37.1
17.5
20.2
-3.66
17
-28.1
-27.6
42.8
Change in inventory
-53.5
15.6
-126
-21.5
44.6
-28.2
-154
108
68.8
-8.59
Change in payables
12.7
33.3
15.7
-11.6
-12.8
66.6
7.75
-23.9
-39.5
-18.3
Cash from operations
22.8
36.6
837
805
564
443
325
76.6
-40.1
-81.6
Capital expenditures
-27.9
-34.7
-68.2
-64.1
-36.1
-58.3
-72.2
-54
-34.3
-38.9
Cash from investing
-10.5
-2.2
-67.3
-63.9
-35.7
-57.9
-72
-53.8
-34.2
-38.3
Debt issued
53
0
439
0
0
Debt repaid
-0.29
-0.27
-56.4
-350
-400
-110
-434
-0.14
0
Stock issued
0
0.35
0.23
0
0
Share buybacks
0
0
0
-10.9
-30.1
-50
-60
0
0
Dividends paid
0
0
-55.6
-20.6
-8.6
-7.44
-10.3
-5.13
0
0
Cash from financing
-8.32
-33
-731
-710
-464
-472
-176
18.7
156
-0.34
Exchange rate effect
0.66
0.38
-1.75
-0.75
0.24
-1.32
0.74
0.78
-2.05
2.47
Net change in cash
38.3
31.8
64.3
-86.6
76.4
41.5
81.4
-120
Free cash flow
-5.04
1.91
768
741
528
385
252
22.5
-74.4
-121
Interest paid
23.6
25.3
108
121
87
56.3
39.5
34.3
88.5
93.3
Income taxes paid
3.33
3.47
21.4
99.3
74
63.8
67.1
43.3
4.91
6.16
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $11.09 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
-5.7%
Gross profit / revenue.
Operating margin
-17.5%
Operating income / revenue.
EBITDA margin
-5.3%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-32.9%
Pre-tax income / revenue.
Net margin
-34.6%
Net income / revenue.
FCF margin
-24.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-15.5%
Cash from operations / revenue.
Return on assets (ROA)
-17.0%
Net income / average total assets.
Return on invested capital (ROIC)
-10.0%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue
1.2%
Research and development expense / revenue.
SG&A / revenue
10.5%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
1.1%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
8.5%
Capital expenditures / revenue.
D&A / revenue
12.1%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-6.4%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-26.7%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
-16.3%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-16.0%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-13.8%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-6.4%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
0.9%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
0.3%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
-0.5%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
4.13x
Current assets / current liabilities.
Quick ratio
1.77x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.16x
(Cash + short-term investments) / current liabilities.
Debt / assets
114.9%
Total debt / total assets.
Liabilities / assets
133.1%
Total liabilities / total assets.
Net debt
$1.05B
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$19.54
Revenue / diluted weighted shares.
FCF per share
-$4.70
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$3.04
Cash from operations / diluted weighted shares.
Book value per share
-$13.24
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.56x
Market cap / revenue.
EV/Sales
2.62x
Enterprise value / revenue.
FCF yield
-42.7%
Free cash flow / market cap.
Earnings yield
-61.3%
Net income / market cap (the inverse of P/E).
What was GRAFTECH INTERNATIONAL LTD's revenue in fiscal 2025?
GRAFTECH INTERNATIONAL LTD reported revenue of $504.1M for fiscal 2025, 6.4% lower than the year before.
Was GRAFTECH INTERNATIONAL LTD profitable in fiscal 2025?
No. It reported a net loss of $219.8M.
How much free cash flow did GRAFTECH INTERNATIONAL LTD generate in fiscal 2025?
Cash from operations of $81.6M minus capital expenditures of $38.9M left free cash flow of -$120.5M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.