EAF on NYSE

GrafTech

American graphite and petroleum company

GrafTech International Ltd. is a manufacturer of graphite electrodes and petroleum coke, which are essential for the production of electric arc furnace steel and other metals. Headquartered in Brooklyn Heights, Ohio, it has manufacturing facilities in Calais, France;Pamplona, Spain; Monterrey, Mexico; and St. Marys, Pennsylvania.3 Its shares trade on NYSE under the symbol EAF.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1886Founded1

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  • TickerEAF on NYSE1
  • Industrypetrochemical industry1
  • HeadquartersParma1
  • Websitewww.graftech.com
  • Legal formCorporation

GrafTech International Ltd. is a manufacturer of graphite electrodes and petroleum coke, which are essential for the production of electric arc furnace steel and other metals. Headquartered in Brooklyn Heights, Ohio, it has manufacturing facilities in Calais, France;Pamplona, Spain; Monterrey, Mexico; and St. Marys, Pennsylvania.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-3.1%Gross margin5
-15.3%Operating margin5
-43.6%Net margin5
-6.4%Revenue growth, 20255
-$120.5MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Graphite Electrodes brought in 91% of the revenue GrafTech broke down this way in fiscal 2025.

  1. Graphite Electrodes$460.6M591%down 7% from 2024
  2. By- Products and Other$43.5M59%down 4% from 2024
Products and services by year
Products and services202320242025
Graphite Electrodes$592.0M$493.6M$460.6M
By- Products and Other$28.5M$45.1M$43.5M

Regions

United States brought in 41% of the revenue GrafTech broke down this way in fiscal 2025.

  1. United States$206.2M541%up 20% from 2024
  2. Europe Middle East Africa$198.9M539%down 7% from 2024
  3. Americas$67.1M513%down 30% from 2024
  4. Asia Pacific$31.9M56%down 45% from 2024
Regions by year
Regions202320242025
United States$206.3M$171.2M$206.2M
Europe Middle East Africa$247.7M$214.5M$198.9M
Americas$100.4M$95.5M$67.1M
Asia Pacific$66.2M$57.6M$31.9M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development1¢$6.5M
  • Selling, general and admin11¢$54.9M
  • Other costs57¢$289.3M
  • Interest21¢$104.1M
  • Income tax10¢$49.4M

Out of $504.1M in revenue.5 The company lost money this year.

Financial statements

Revenue67895$504.1M in 2025−72% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $1.8B$1.8B20192020: $1.2B$1.2B2020−32%2021: $1.3B$1.3B2021+10%2022: $1.3B$1.3B2022−5%2023: $620.5M$620.5M2023−52%2024: $538.8M$538.8M2024−13%2025: $504.1M$504.1M2025−6%
Gross profit67895-$15.7M in 2025
-$500.0M0$500.0M$1.0B$1.5B2019: $1.0B$1.0B20192020: $660.5M$660.5M2020−37%2021: $644.5M$644.5M2021−2%2022: $554.9M$554.9M2022−14%2023: $36.2M$36.2M2023−93%2024: -$19.9M-$19.9M20242025: -$15.7M-$15.7M2025−21%
Operating income67895-$77.1M in 2025
-$500.0M0$500.0M$1.0B2019: $974.0M$974.0M20192020: $588.6M$588.6M2020−40%2021: $508.1M$508.1M2021−14%2022: $474.3M$474.3M2022−7%2023: -$214.4M-$214.4M20232024: -$75.2M-$75.2M2024−65%2025: -$77.1M-$77.1M2025+2%
Net income67895-$219.8M in 2025
-$500.0M-$250.0M0$250.0M$500.0M$750.0M2019: $744.6M$744.6M20192020: $434.4M$434.4M2020−42%2021: $388.3M$388.3M2021−11%2022: $383.0M$383.0M2022−1%2023: -$255.2M-$255.2M20232024: -$131.2M-$131.2M2024−49%2025: -$219.8M-$219.8M2025+68%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Net sales$504.1M$538.8M$620.5M
Cost of goods sold$501.5M$533.8M$571.9M
Lower of cost or market inventory valuation adjustment$18.3M$24.9M$12.4M
Gross (loss) profit-$15.7M-$19.9M$36.2M
Research and development$6.5M$5.7M$5.5M
Selling and administrative expenses$54.9M$46.5M$74.0M
Restructuring Charges$0$3.2M$0
Goodwill impairment charges$0$0$171.1M
Operating loss-$77.1M-$75.2M-$214.4M
Other (income) expense, net-$4.0M-$1.6M$4.7M
Interest expense$104.1M$85.3M$58.1M
Interest income-$6.6M-$5.7M-$3.4M
Loss before income taxes-$170.4M-$153.3M-$273.8M
Income tax expense (benefit)$49.4M-$22.1M-$18.5M
Net loss-$219.8M-$131.2M-$255.2M
Net (loss) income per share (in dollars per share)-$8.45-$5.09-$9.93
Weighted average shares outstanding (in shares)26.0M shares25.8M shares25.7M shares
Net (loss) income per share (in dollars per share)-$8.45-$5.09-$9.93
Weighted average common shares outstanding (in shares)26.0M shares25.8M shares25.7M shares
Foreign currency translation adjustments, net of tax of $0, $29 and $(8), respectively$34.6M-$24.4M$10.2M
Commodities, interest rate and foreign currency derivatives, net of tax of $28, $2,111 and $4,424, respectively-$190.0K-$7.5M-$13.6M
Other comprehensive income (loss), net of tax:$34.4M-$31.9M-$3.4M
Comprehensive loss-$185.4M-$163.1M-$258.6M
Foreign currency translation adjustments, tax$0$29.0K-$8.0K
Commodities, interest rate and foreign currency derivatives, tax$28.0K$2.1M$4.4M

Compare GrafTech with another company

Corporate structure

GrafTech sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of GrafTech

  • Nilesh Undavia Filed SCHEDULE 13D/A on GrafTech, latest Sep 18, 2026 (5 filings since Feb 12, 2024)
  • HEG Advanced Materials Ltd Filed SCHEDULE 13G/A on GrafTech, latest Sep 8, 2026 (3 filings since Oct 7, 2024)
  • HEG Graphite Ltd Filed SCHEDULE 13G on GrafTech, latest Sep 8, 2026
  • MARATHON ASSET MANAGEMENT LP Filed SCHEDULE 13G/A on GrafTech, latest May 15, 2026 (3 filings since Feb 27, 2025)
  • Graphite India Ltd Filed SCHEDULE 13G/A on GrafTech, latest May 11, 2026 (2 filings since Sep 18, 2025)
  • Colonial House Capital Ltd Filed SCHEDULE 13G/A on GrafTech, latest Feb 18, 2026 (3 filings since Feb 9, 2024)
  • BlackRock Filed SCHEDULE 13G/A on GrafTech, latest Jul 17, 2025 (6 filings since Feb 13, 2023)
  • Grantham, Mayo, Van Otterloo & Co. LLC Filed SCHEDULE 13G/A on GrafTech, latest May 1, 2025 (4 filings since Feb 13, 2023)
  • FMR LLC Filed SCHEDULE 13G/A on GrafTech, latest Mar 7, 2025 (5 filings since Sep 12, 2022)
  • VANGUARD GROUP INC Filed SC 13G/A on GrafTech, latest Nov 12, 2024 (5 filings since Feb 10, 2022)
  • BCP GP Ltd Filed SC 13G/A on GrafTech, latest Feb 14, 2024 (2 filings since Feb 14, 2022)
  • GrafTech Parma

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

The company was founded in 1886 as the National Carbon Company, which in 1917 was acquired by Union Carbide and became its Carbon Products Division.

In 1914, the company introduced the first 12-inch-diameter graphite electrodes.

In 1956, the company received an Academy Award for the development and production of a high-efficiency yellow flame carbon for motion picture color photography.

Between 1956 and 1978, the company developed high-performance carbon fibers; this would be recognized in 2003 with a National Historic Chemical Landmark from the American Chemical Society.

In 1985, the company developed advanced technology for carbon/carbon composite material used in spacecraft.

Union Carbide was reorganized in 1989, renaming the Carbon Products Division as the UCAR Carbon Company.

In 1990, the company introduced first 30-inch-diameter graphite electrodes for UHP DC arc furnaces.

In 1995, the company developed new graphite for the US Advanced Battery Consortium for a lithium-ion battery in electric vehicles.

Read the full text

In 1995, the company became a public company via an initial public offering.

In 1999, the company developed first natural graphite-based heat spreaders for electronic thermal management.

In 2002, the company changed its name from UCAR to Graftech.

In 2004, the company introduced optimized pinless joint design for large-diameter graphite electrodes.

In 2007, the company commercialized high-temperature insulation solutions for the polysilicon and solar energy industries.

In 2010, the company launched high thermal conductivity SPREADERSHIELD™ products for electronics and lighting applications.

In 2010, GrafTech acquired two companies: Seadrift Coke LP, a manufacturer of petroleum coke, an essential component in the production of graphite electrodes; and C/G Electrodes LLC, which manufactures graphite electrodes.

In March 2011, the company acquired Micron Research Corporation, a manufacturer of superfine-grained graphite.

In October 2011, the company acquired advanced carbon composite manufacturer Fiber Materials, which it would sell in 2016.

In 2011, the company was awarded two historical markers by the Ohio Historical Society. One is for pioneering battery research made at Parma by Lewis Urry and National Carbon Company. The other recognizes the Lakewood facility’s long history and National Carbon Company.

In August 2015, GrafTech was acquired by Brookfield Asset Management.

In 2017, the company sold its NeoGraf and Advanced Graphite Materials divisions to focus on graphite electrodes and petroleum coke.

In April 2018, the company once again became a public company via an initial public offering.

From Wikipedia’s article on GrafTech, shared under CC BY-SA 4.0.4

Leadership

Who has led GrafTech, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (43)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerInigo K. Perez Ortiz named Apr 1, 202670
  • DirectorDebra R. Fine named Apr 1, 202670
  • DirectorJean-Marc R. Germain named Apr 1, 202670

Subsidiaries and ownership

Owners

From Wikidata.1

Timeline

  1. Aug 31, 20268-K Exit or restructuring costs71
  2. Jul 24, 20268-K Results of operations72
  3. May 29, 20268-K Entered a material agreement73
  4. May 8, 20268-K Shareholder vote74
  5. May 1, 20268-K Results of operations75
  6. Feb 6, 20268-K Results of operations76
  7. Dec 2, 20258-K Executive or director change77
  8. Oct 24, 20258-K Results of operations78
  9. Sep 5, 20258-K Shareholder vote79
  10. Aug 28, 20258-K Change to shareholders' rights; Bylaws or fiscal year changed80
  11. Aug 18, 20258-K Shareholder vote; Regulation FD disclosure81
  12. Aug 14, 20258-K Executive or director change82
  13. Feb 27, 2024New chief executive Timothy K. Flanagan becomes CEO13
  14. Jul 6, 2022New chief executive Marcel Kessler becomes CEO14
  15. Apr 18, 2018New chief executive David J. Rintoul becomes CEO15
  16. Jan 30, 2014New chief executive Joel L. Hawthorne becomes CEO16
  17. Jan 31, 2006New chief executive Craig S. Shular becomes CEO17
  18. 1886Founded Founded1

Calendar

Coming up

  1. Oct 23, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported ($1.03) a share, on Oct 24, 2025.83

When it reported results

  1. Jul 24, 2026Reported quarterly or annual results72
  2. May 1, 2026Reported quarterly or annual results75
  3. Feb 6, 2026Reported quarterly or annual results76
  4. Oct 24, 2025Reported quarterly or annual results78
  5. Jul 25, 2025Reported quarterly or annual results84
  6. Apr 25, 2025Reported quarterly or annual results85
  7. Feb 7, 2025Reported quarterly or annual results86
  8. Nov 12, 2024Reported quarterly or annual results87

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

470 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 61 major events, 270 insider forms, 39 large holders, 1 private raises, 79 other. The latest 20:

  1. Oct 1, 20264 EDGAR
  2. Oct 1, 20264 EDGAR
  3. Oct 1, 20264 EDGAR
  4. Sep 18, 2026SCHEDULE 13D/A EDGAR
  5. Sep 8, 2026SCHEDULE 13G EDGAR
  6. Sep 8, 2026SCHEDULE 13G/A EDGAR
  7. Sep 4, 20264 EDGAR
  8. Aug 31, 20268-K EDGAR
  9. Jul 24, 202610-Q EDGAR
  10. Jul 24, 20268-K EDGAR
  11. Jul 1, 20264 EDGAR
  12. Jul 1, 20264 EDGAR
  13. Jul 1, 20264 EDGAR
  14. May 29, 20268-K EDGAR
  15. May 29, 2026424B5 EDGAR
  16. May 27, 2026EFFECT EDGAR
  17. May 22, 2026CORRESP EDGAR
  18. May 22, 2026S-3 EDGAR
  19. May 15, 2026SCHEDULE 13G/A EDGAR
  20. May 11, 2026SCHEDULE 13G/A EDGAR

The 470 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Timothy K. Flanagan$702.0K$2.0M99
2025Iñigo Perez Ortiz$572.8K$1.4M99
2025Rory F. O’Donnell$425.0K$1.1M99
2025Jeremy S. Halford$417.9K$1.1M99
2025Jeremy J. Clemens$314.8K$909.5K99
2025Andrew J. Renacci$351.4K$853.2K99
2024Chief Executive Officerand President$702.0K$3.0M99
2024Former Executive Vice PresidentChief Operating Officer$586.0K$2.6M99
2024Senior Vice PresidentCommercial and CTS$500.3K$2.2M99
2024Chief Financial Officerand Senior Vice President$138.7K$336.3K99
2023Former Executive Vice PresidentChief Operating Officer$568.8K$2.0M99
2023Senior Vice PresidentCommercial and CTS$534.3K$1.7M99
2023Chief Executive Officerand President$476.5K$1.5M99

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Mar 18, 2026Raised $632,541 in a private offering of equity Form D: 1 investor so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 87. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.1,284,282$7.6M0.0%+953,457
Yacktman Asset Management LP1,149,267$6.8M0.1%+81,881
Marathon Asset Management LP962,828$5.7M14.9%−248,787
Vanguard Capital Management LLC816,833$4.8M0.0%−47,773
Franklin Resources Inc736,745$4.4M0.0%+23,683
Benefit Street Partners LLC736,745$4.4M12.2%+23,683
Ameriprise Financial Inc720,361$4.3M0.0%+157,861
Charles Schwab Investment Management Inc563,633$3.3M0.0%−348,329
Marshall Wace, Llp446,482$2.6M0.0%−282,136
Geode Capital Management, LLC425,244$2.5M0.0%+254,737
Shenkman Capital Management Inc243,153$1.5M0.9%New
Prescott Group Capital Management, L.L.C.215,067$1.3M0.1%−225,023
State Street Corp184,846$1.1M0.0%+103,900
Vanguard Portfolio Management LLC165,025$975.3K0.0%+145,416
Citadel Advisors LLC147,705$872.9K0.0%+128,833
Northern Trust Corp130,417$770.8K0.0%+89,960
Jacobs Levy Equity Management, Inc127,526$753.7K0.0%New
Vanguard Fiduciary Trust Co119,556$706.6K0.0%+19,883
Foundation Resource Management Inc106,355$628.6K0.1%−782
Jane Street Group, LLC82,033$484.8K0.0%New
XTX Topco Ltd62,892$371.7K0.0%+36,292
Cannell & Spears LLC62,207$367.6K0.0%No change
Fore Capital, LLC58,703$346.9K1.1%+46,575
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.54,985$325.0K0.0%+40,420
Renaissance Technologies LLC47,561$281.1K0.0%−73,783

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Apr 14, 2020David A Perdue , Jr, SenateSale$1,001 - $15,000+263.2%Report
Mar 10, 2020David A Perdue , Jr, SenateBuy$1,001 - $15,000−258.3%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How GrafTech is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGRAFTECH INC2
  • CIK0001111682
  • Employer ID (EIN)34-19066642
  • Incorporated inDelaware2
  • Fiscal year endsDecember 312
  • Industry code (SIC)3620 Electrical Industrial Apparatus2
  • Business address11709 Madison Ave, Lakewood, OH 441072
  • Phone21652937772
  • On EDGAR sinceApr 18, 20002
  • Filings25 in all: 3 (14), S-1/A (5), RW (2), S-1 (2), 15-12G (1), 8-A12G (1)2

Sources

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