Graftech International vs Ecovyst
Ecovyst is the larger business, with $724m of revenue in fiscal 2025 against $504m for Graftech International (1.4 times as much). Ecovyst grew faster (20.9% against -6.4%). Ecovyst kept more of each dollar of sales as profit: a net margin of -9.8% against -43.6%.
| Latest fiscal year | Graftech InternationalEAF, 2025 | EcovystECVT, 2025 |
|---|---|---|
| Revenue | $504m | $724m |
| Revenue growth | -6.4% | 20.9% |
| Net income | −$220m | −$71.1m |
| Operating margin | -15.3% | 9.0% |
| Net margin | -43.6% | -9.8% |
| Return on equity | — | -10.9% |
| Free cash flow | −$121m | $69.9m |
| Cash | $138m | $197m |
| Total debt | $1.13bn | $397m |
| Debt to equity | — | 65.8% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $46.9m |
| Employees | — | 617 |
| Market value | $313m | $1.11bn |
| Price vs our value range | — | Below our value range |
| Moat score | 55 (Moderate) | 63 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 2 sales |