EAF · Graftech International Ltd
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Jul 24, 2026TL;DR. GrafTech delivered 8% sales volume growth and reaffirmed full-year volume and cost guidance, while advancing price increase actions and securing trade case milestones. However, the quarter remained unprofitable with adjusted EBITDA of $2 million, net sales down 3% year-over-year on a 7% drop in weighted-average realized pricing, and negative adjusted free cash flow of $75 million.
- + Achieved highest quarterly capacity utilization since 2022 at 74% and highest production volume of 33.4 thousand MT, driving a 9% sequential and 6% year-over-year decline in cash cost of goods sold per MT.
- + Secured customer pricing commitments more than 15% above prior levels with over 90% of anticipated 2026 volume committed, establishing momentum for 2027 contract negotiations.
- + Maintained $253 million of total liquidity, with no meaningful debt maturities until December 2029, supporting financial flexibility.
- + Steel market fundamentals continue to strengthen outside China, with U.S. steel capacity utilization reaching 80% for the first time since Q2 2022 and steel production up 6% year-to-date.
- − Reported a net loss of $40 million ($1.54 per share) for the second quarter.
- − Adjusted EBITDA of $2 million declined from $3 million in the prior-year quarter, with first-half 2026 adjusted EBITDA of negative $12 million.
- − Net sales declined 3% year-over-year to $127 million as weighted-average realized pricing fell approximately 7% year-over-year to $3,900 per MT.
- − Adjusted free cash flow was negative $75 million in the quarter, worse than negative $53 million in the prior-year quarter.
- − Company acknowledged ongoing industry oversupply and stated the need for potential supply rationalization if market conditions warrant.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $1.9M | the three months ended June 30, 2026 filing | — |
| Adjusted free cash flow non-GAAP | -$75.48M | Three Months Ended June 30, 2026 filing | — |
| Adjusted loss per share non-GAAP | -$1.47 | the three months ended June 30, 2026 filing | — |
| Adjusted net loss non-GAAP | -$38.58M | the three months ended June 30, 2026 filing | — |
| Capacity utilization rate | 74% | the three months ended June 30, 2026 filing | — |
| Cash cost of goods sold per MT non-GAAP | $3,517 | Three Months Ended June 30, 2026 filing | — |
| EBITDA non-GAAP | -$198K | the three months ended June 30, 2026 filing | — |
| Free cash flow non-GAAP | -$75.48M | Three Months Ended June 30, 2026 filing | — |
| Production capacity | 45K | the three months ended June 30, 2026 filing | — |
| Production volume | 33.4K | the three months ended June 30, 2026 filing | — |
| Sales volume | 30.8K | the three months ended June 30, 2026 filing | — |
| Weighted-average realized price | $3,900 | the three months ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Electrical Equipment & Parts — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
EAF
this stock
Graftech International Ltd
|
$289.36M | -46.7% | -6.4% | — | 5.9% |
|
CYATY
Contemporary Amperex Technology Co., Limited/ADR
|
$282.82B | — | — | — | 0.0% |
|
ABLZF
Abb Ltd
|
$175.77B | +24.1% | +9.5% | — | 0.0% |
|
VRT
Vertiv Holdings Co
|
$97.51B | +48.9% | +27.7% | 57.3 | 3.7% |
|
BE
Bloom Energy Corp
|
$82.84B | +218.8% | +37.3% | — | 6.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| EAF | -27.2% | +16.3% | +12.7% | +14.9% | -46.7% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -26.5% | +16.2% | +0.5% | +15.4% | -58.5% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.