NYSE$EAF
GrafTech International Ltd. · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Reported fourth quarter and full year results, successfully executing initiatives to grow volume, reduce costs, and manage working capital levels. Completed financing transactions to bolster liquidity and extend debt maturities. Announced further initiatives to improve profitability levels.
GrafTech International Ltd. reported a net sales of $134 million and a net loss of $49 million for Q4 2024. The company exceeded cost reduction guidance, achieving a 25% year-over-year reduction in cash costs per metric ton. Sales volume grew 13% year-over-year to 27.2 thousand MT. The company ended the year with total liquidity of $464 million after completing financing transactions.
- Exceeded cost reduction guidance, achieving a 25% year-over-year reduction in cash costs per metric ton for the fourth quarter.
- Grew sales volume 13% year-over-year to 27.2 thousand MT.
- Achieved fourth consecutive quarter of sequential sales volume growth.
- Completed financing transactions, ending 2024 with total liquidity of $464 million.
Headline financials
Revenue & EPS history
GrafTech · Revenue · Quarterly
$134M
Forward guidance
GrafTech anticipates a low double-digit percentage point year-over-year increase in sales volume for 2025. The company expects a mid-single digit percentage point decline in cash cost of goods sold per MT for 2025 compared to 2024. Full year 2025 capital expenditures are anticipated to be approximately $40 million.
Tailwinds
- Anticipate a low double-digit percentage point year-over-year increase in sales volume for 2025.
- Expect a mid-single digit percentage point decline in cash cost of goods sold per MT for 2025 compared to 2024.
- Expect the net impact of working capital will be favorable to full year cash flow performance.
- Continue to execute initiatives to improve cost structure.
- Believe that the steel industry’s efforts to decarbonize will lead to increased adoption of the electric arc furnace method of steelmaking, driving long-term demand growth for graphite electrodes.
Headwinds
- Demand for graphite electrodes in the near term will remain relatively flat in the key regions in which we operate.
- Challenging pricing dynamics have persisted in most regions and the pricing environment remains unsustainably low.
- Significant geopolitical uncertainty remains, including the potential impact of policymaking on the interest rate environment, global trade and decarbonization policies.
- Working capital will be favorable to full year cash flow performance, although to a lesser extent than in each of the previous two years.
- Anticipate full year 2025 capital expenditures will be approximately $40 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
-4.0%
Avg return
Earnings day
-4.9%
Avg return
5 days after
-3.1%
Avg return
30 days after
39%
13 / 33 earnings
Positive
+14.3%
Q4 2020
Best reaction
-46.2%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.7% | +11.2% | +15.6% | |
| Q4 2025 | -46.2% | -51.7% | -62.8% | |
| Q3 2025 | -1.9% | -24.7% | -30.0% | |
| Q1 2025 | +7.8% | -3.1% | +59.3% | |
| Q4 2024 | -9.4% | -31.5% | -22.1% | |
| Q3 2024 | +3.9% | +2.4% | -7.2% | |
| Q2 2024 | -3.5% | -8.9% | -13.0% | |
| Q1 2024 | +3.1% | +3.7% | +10.6% | |
| Q4 2023 | +7.6% | +5.3% | +26.5% | |
| Q3 2023 | -23.6% | -28.9% | -22.1% | |
| Q2 2023 | -21.8% | -15.7% | -31.5% | |
| Q1 2023 | -9.9% | -14.0% | -5.7% | |
| Q4 2022 | -16.2% | -17.9% | -12.3% | |
| Q3 2022 | -3.1% | -10.5% | +7.6% | |
| Q2 2022 | -13.0% | -11.6% | -25.6% | |
| Q1 2022 | -8.9% | -13.0% | -2.0% | |
| Q4 2021 | -12.6% | -8.0% | -13.2% | |
| Q3 2021 | +12.7% | +11.4% | +5.6% | |
| Q2 2021 | -6.6% | -0.3% | -4.1% | |
| Q1 2021 | -2.0% | -6.2% | -2.0% | |
| Q4 2020 | +14.3% | +20.4% | +11.8% | |
| Q3 2020 | -9.3% | +0.3% | +39.2% | |
| Q2 2020 | +9.3% | +9.3% | +1.9% | |
| Q1 2020 | -14.3% | -14.8% | +11.5% | |
| Q4 2019 | -5.6% | -5.4% | -31.9% | |
| Q3 2019 | +2.2% | +8.6% | -3.0% | |
| Q2 2019 | -1.6% | -5.3% | +9.0% | |
| Q1 2019 | +2.2% | +6.7% | -13.4% | |
| Q4 2018 | +0.8% | +7.6% | -5.8% | |
| Q3 2018 | -0.6% | -4.3% | -13.6% | |
| Q2 2018 | +0.4% | -2.5% | -15.6% | |
| Q4 2017 | +8.3% | +14.0% | +18.6% | |
| Q1 2018 | +8.3% | +14.0% | +18.6% | |
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