Ferroglobe
GSM
4.24
+0.05
+1.07%
Ferroglobe
US · GSM
#3409 by market cap
4.24
+0.05
+1.07%
Live - 5344 symbols - heartbeat 144s ago
· 2026-10-09 19:30
Revenue annual, last 8 years
Latest year -18.79% YoY
Margins
- Gross margin
- 23.72%
- Operating margin
- -8.69%
- Net margin
- -12.79%
Key ratios & quality
- Enterprise valuei
- 859.92M
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.24B | 1.62B | 1.14B | 1.78B | 2.60B | 1.65B | 1.64B | 1.34B |
| Gross profit | 681.48M | 280.70M | 200.76M | 496.68M | 1.23B | 697.22M | 541.35M | 316.64M |
| Selling & admin expenses | 338.86M | 285.03M | 214.78M | 389.77M | 482.57M | 413.47M | 409.48M | 386.90M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 110.90M | -175.83M | -112.46M | 31.25M | 717.55M | 222.23M | 81.23M | -115.97M |
| Pretax profit | 35.57M | -411.82M | -222.42M | -119.94M | 591.81M | 156.02M | 37.05M | -174.64M |
| Tax | 20.46M | -41.54M | 21.94M | -4.56M | 147.98M | 57.54M | 16.25M | 2.47M |
| Net profit | 24.57M | -285.64M | -249.76M | -115.37M | 443.83M | 98.48M | 20.80M | -177.11M |
| Basic EPS | 0 | -2 | -1 | -1 | 2 | 0 | 0 | -1 |
| Diluted EPS | 0.25 | -1.66 | -1.46 | -0.63 | 2.32 | 0.43 | 0.12 | -0.91 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 307.18M | 386.86M | 311.70M | 329.38M | 347.75M | 378.62M |
| Gross profit | 51.32M | 115.35M | 111.33M | 38.64M | 107.66M | 168.01M |
| Selling & admin expenses | 70.45M | 68.80M | 68.86M | 178.79M | 64.14M | 68.06M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -55.95M | 8.74M | -1.99M | -66.77M | -7.72M | 56.96M |
| Pretax profit | -66.27M | -14.72M | -4.70M | -88.95M | -11.15M | 60.52M |
| Tax | 625.00K | -3.79M | 8.57M | -2.94M | -4.01M | -48.00K |
| Net profit | -66.90M | -10.93M | -13.27M | -86.01M | -7.14M | 60.57M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.36 | -0.06 | -0.07 | -0.43 | -0.04 | 0.32 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 882.58M | 818.14M | 657.24M | 804.27M | 1.29B | 1.04B | 817.60M | 733.73M |
| Cash & ST investments | 219.17M | 100.40M | 103.72M | 114.50M | 317.94M | 136.47M | 138.47M | 133.92M |
| Inventory | 455.78M | 353.31M | 246.24M | 271.86M | 480.56M | 383.84M | 347.14M | 306.16M |
| Total assets | 2.12B | 1.73B | 1.35B | 1.52B | 1.96B | 1.76B | 1.47B | 1.42B |
| Total current liabilities | 499.08M | 397.46M | 432.79M | 653.63M | 678.50M | 494.00M | 448.61M | 441.29M |
| Short-term debt | 84.65M | 57.83M | 156.56M | 201.51M | 143.44M | 61.86M | 111.13M | 126.79M |
| Long-term debt | 483.80M | 521.96M | 380.99M | 408.61M | 380.09M | 223.71M | 31.10M | 75.69M |
| Total liabilities | 1,239,445,000.00 | 1,132,056,000.00 | 981,426,000.00 | 1,203,307,000.00 | 1,201,027,000.00 | 888,884,000.00 | 638,202,000.00 | 723,223,000.00 |
| Total equity | 884.37M | 602.30M | 365.72M | 320.03M | 756.81M | 869.89M | 834.25M | 692.26M |
| Retained earnings | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 794.40M | 871.96M | 820.50M | 733.73M | 760.18M | 751.20M |
| Cash & ST investments | 137.85M | 147.88M | 133.81M | 133.92M | 96.23M | 93.09M |
| Inventory | 314.84M | 325.96M | 369.39M | 306.16M | 334.27M | 321.44M |
| Total assets | 1.54B | 1.66B | 1.54B | 1.42B | 1.52B | 1.55B |
| Total current liabilities | 478.73M | 558.79M | 495.40M | 441.29M | 532.03M | 583.39M |
| Short-term debt | 83.10M | 109.24M | 94.82M | 126.79M | 125.14M | 130.87M |
| Long-term debt | 32.30M | 45.94M | 52.41M | 75.69M | 59.33M | 39.84M |
| Total liabilities | 759,930,000.00 | 848,248,000.00 | 754,566,000.00 | 723,223,000.00 | 850,632,000.00 | 831,604,000.00 |
| Total equity | 780.57M | 812.64M | 786.81M | 692.26M | 670.46M | 717.90M |
| Retained earnings | -- | -- | -- | -- | -- | -- |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 116.80M | -31.19M | 154.27M | -1.34M | 405.02M | 178.37M | 243.26M | 51.46M |
| Depreciation & amortization | 119.14M | 123.02M | 108.19M | 97.33M | 81.56M | 73.53M | 75.46M | 84.95M |
| Free cash flow | 7.35M | -63.82M | 121.36M | -28.94M | 351.72M | 91.91M | 164.07M | -11.80M |
| Dividends paid | -20.64M | 0 | 0 | 0 | 0 | 0 | -9.76M | -10.45M |
| Stock buybacks / issuance | -20.10M | 0 | 0 | 40.00M | 0 | 0 | -2.43M | -4.69M |
| Ending cash balance | 216.65M | 123.18M | 131.56M | 116.66M | 322.94M | 137.65M | 133.27M | 122.99M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 19.37M | 15.61M | 20.76M | -4.28M | -5.57M | 36.96M |
| Depreciation & amortization | 17.52M | 18.30M | 19.95M | 29.18M | 16.60M | 15.54M |
| Free cash flow | 5.07M | 15.00K | 1.63M | -18.51M | -16.42M | 20.38M |
| Dividends paid | -2.61M | -2.61M | -2.61M | -2.62M | -2.80M | -2.80M |
| Stock buybacks / issuance | -2.70M | -1.99M | 0 | 0 | -20.00K | 0 |
| Ending cash balance | 129.58M | 135.55M | 121.48M | 122.99M | 96.39M | 93.23M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 5.51 | -44.81 | -66.99 | -47.56 | 101.92 | 11.82 | 3.21 | -25.94 |
| ROA %i | 2.12 | -14.55 | -15.99 | -7.71 | 25.30 | 4.45 | 1.46 | -11.82 |
| ROIC %i | 5.71 | -18.96 | -22.66 | -6.87 | 47.22 | 9.07 | 3.43 | -17.99 |
| 5-year avg ROE %i | -5.45 | -15.98 | -28.33 | -30.79 | -10.39 | -9.12 | 0.48 | 8.69 |
| EBIT margin %i | 4.23 | -22.30 | -15.49 | -3.57 | 24.79 | 11.28 | 3.20 | -11.81 |
| FCF / sales %i | -- | -- | 10.60 | -- | 13.54 | 5.57 | 9.98 | -- |
| Current ratioi | 1.77 | 2.06 | 1.52 | 1.23 | 1.90 | 2.10 | 1.82 | 1.66 |
| Quick ratioi | 0.84 | 1.14 | 0.86 | 0.78 | 1.12 | 0.95 | 0.95 | 0.94 |
| Debt / assetsi | 29.28 | 34.41 | 40.94 | 40.71 | 27.40 | 19.33 | 13.50 | 18.36 |
| LT debt / equityi | 69.94 | 111.30 | 157.23 | 195.62 | 60.46 | 37.19 | 12.17 | 22.35 |
| Interest coveragei | 2.03 | -6.98 | -3.93 | -1.13 | 12.36 | 6.19 | 3.39 | -9.32 |
| Revenue CAGR (3Y) %i | 19.42 | 0.82 | -12.91 | -7.42 | 17.16 | 12.97 | -2.60 | -19.90 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -53.36 | -- | 17.43 | -- | -- | -8.85 | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -5.89 | 18.63 | -16.07 | -25.94 | -17.94 | -23.07 |
| ROA %i | -2.57 | 8.13 | -7.41 | -11.82 | -7.27 | -9.49 |
| ROIC %i | -4.01 | 15.91 | -12.18 | -17.99 | -11.60 | -15.61 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -0.99 | 13.46 | -7.98 | -11.81 | -7.36 | -10.16 |
| FCF / sales %i | -- | 0.66 | 1.52 | -- | -- | -- |
| Current ratioi | 1.66 | 1.56 | 1.66 | 1.66 | 1.43 | 1.29 |
| Quick ratioi | 0.92 | 0.89 | 0.84 | 0.94 | 0.76 | 0.69 |
| Debt / assetsi | 11.37 | 13.25 | 13.81 | 18.36 | 15.78 | 14.44 |
| LT debt / equityi | 13.81 | 15.85 | 17.53 | 22.35 | 20.02 | 14.96 |
| Interest coveragei | -1.53 | 6.80 | -10.93 | -9.32 | -5.53 | -36.04 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Europe Manganese is the largest reported line at 27.26% of revenue, across 9 reported segments.
- No single line clears half of revenue; North America Silicon Metal is next at 21.30%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Europe Manganese27.26%
North America Silicon Metal21.30%
North America Silicon Alloys19.91%
Europe Silicon Metal16.55%
Europe Silicon Alloys11.20%
South Africa Silicon Alloys5.96%
Other Segments2.26%
South Africa Silicon Metal0.59%
Region
United States of America (USA)40.06%
Other European Countries16.11%
Germany13.99%
Rest of world13.42%
Luxembourg8.57%
Spain7.85%
Quote time 2026-10-09 19:30:06 · For reference only, not investment advice and not tailored to your situation.
Ferroglobe discussion 0 comments