Growth Metrics

Graftech International (EAF) Change in Working Capital (2021 - 2025)

Graftech International (EAF) reported Change in Working Capital of -$13.8 million for Q4 2025, down 31.05% year-over-year from -$20.0 million in Q4 2024, and up 56.27% on a QoQ basis from -$31.6 million in Q3 2025.

Graftech International (EAF) has 5 years of Change in Working Capital data on file, last reported at -$13.8 million in Q4 2025.

  • Quarterly Change in Working Capital fell 31.05% year-over-year to -$13.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$25000.0 (up 99.94% YoY) and the FY2025 annual result came in at -$25000.0, up 99.94% from the prior year.
  • Change in Working Capital rose to -$13.8 million in Q4 2025 per EAF's latest filing, from -$31.6 million in the prior quarter.
  • Across five years, Change in Working Capital topped out at $74.6 million in Q2 2022 and bottomed at -$58.4 million in Q3 2023.
  • The 5-year median for Change in Working Capital is -$11.6 million (2022), against an average of -$1.6 million.
  • The widest annual swing landed in 2022, when Change in Working Capital surged 1115.74%; it then slumped 1987.4% in 2023.
  • Tracing EAF's Change in Working Capital over 5 years: stood at $63.6 million in 2021, then plunged by 103.22% to -$2.0 million in 2022, then tumbled by 1987.4% to -$42.7 million in 2023, then jumped by 75.33% to -$10.5 million in 2024, then slumped by 31.05% to -$13.8 million in 2025.
  • Per Business Quant, the three latest EAF Change in Working Capital figures stand at -$13.8 million (Q4 2025), -$31.6 million (Q3 2025), and $39.7 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn -
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn -
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn -
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn -
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn -
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn -
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -
10 Graftech International 237.42 Mn 117.17 Mn -14.99 Mn -

Historic Data

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DateValue
Dec 31, 2025 -13.82 Mn
Dec 31, 2025 -13.82 Mn
Sep 30, 2025 -31.60 Mn
Sep 30, 2025 -31.60 Mn
Jun 30, 2025 39.73 Mn
Jun 30, 2025 39.73 Mn
Mar 31, 2025 5.66 Mn
Mar 31, 2025 5.66 Mn
Dec 31, 2024 -10.54 Mn
Dec 31, 2024 -10.54 Mn
Sep 30, 2024 -43.06 Mn
Sep 30, 2024 -43.06 Mn
Jun 30, 2024 36.41 Mn
Jun 30, 2024 36.41 Mn
Mar 31, 2024 -23.06 Mn
Mar 31, 2024 -23.06 Mn
Dec 31, 2023 -42.73 Mn
Dec 31, 2023 -42.73 Mn
Sep 30, 2023 -58.43 Mn
Sep 30, 2023 -58.43 Mn
Jun 30, 2023 19.26 Mn
Jun 30, 2023 19.26 Mn
Mar 31, 2023 -25.66 Mn
Mar 31, 2023 -25.66 Mn
Dec 31, 2022 -2.05 Mn
Dec 31, 2022 -2.05 Mn
Sep 30, 2022 39.63 Mn
Sep 30, 2022 39.63 Mn
Jun 30, 2022 74.58 Mn
Jun 30, 2022 74.58 Mn
Mar 31, 2022 -12.59 Mn
Mar 31, 2022 -12.59 Mn
Dec 31, 2021 63.55 Mn
Dec 31, 2021 63.55 Mn
Sep 30, 2021 3.26 Mn
Sep 30, 2021 3.26 Mn
Jun 30, 2021 -25.25 Mn
Jun 30, 2021 -25.25 Mn
Mar 31, 2021 -25.19 Mn
Mar 31, 2021 -25.19 Mn