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Ferroglobe share price today

Ferroglobe PLC · GSM · Materials · Other Industrial Metals & Mining · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Ferroglobe share price: $2.93 at the close on 4 November 2026, −25.4% in a year.

Getting worseBusiness trend from the last 12 quarters
$2.93Price −25.4% in a year
18.2×P/E too little history to compare yet
$379 MRevenue (Jun 2026) −2.1% on a year ago
$60.6 MProfit (Jun 2026)
15.0%Operating margin +12.7 points on a year ago
−26%ROE FY25
4.5%ROIC against a 9.3% cost of capital: −4.8 points

Ferroglobe PLC's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: the share price moved −25.4% in a year while yearly earnings per share moved −858.3%. The difference came from the market paying a higher multiple.

The price has been between phases. Over the last four quarters, results have been mixed, and 147% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Ferroglobe share price today?

Ferroglobe PLC's share price was $2.93 at the close on 4 November 2026. That is 30.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $5, and at that close it was at the low of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running.

Nov 2026: $2.93, 30.4% below its 200-day average.

  • Price $2.93
  • 50-day avg $4.13
  • 200-day avg $4.21
Nov 2026: $2.93, 30.4% below its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$4.55––
18 Jul 2025$4.43––
25 Jul 2025$4.51––
1 Aug 2025$3.97––
8 Aug 2025$4.05––
15 Aug 2025$4.21––
22 Aug 2025$4.37––
29 Aug 2025$4.18––
5 Sep 2025$4.28––
12 Sep 2025$4.14––
19 Sep 2025$4.19$4.27–
26 Sep 2025$4.31$4.25–
3 Oct 2025$5.04$4.25–
10 Oct 2025$4.96$4.33–
17 Oct 2025$4.90$4.44–
24 Oct 2025$5.07$4.54–
31 Oct 2025$4.85$4.62–
7 Nov 2025$3.93$4.62–
14 Nov 2025$3.85$4.59–
21 Nov 2025$3.96$4.56–
28 Nov 2025$4.43$4.56–
5 Dec 2025$4.66$4.60–
12 Dec 2025$4.55$4.61–
19 Dec 2025$4.67$4.56–
26 Dec 2025$4.72$4.51–
2 Jan 2026$4.59$4.47–
9 Jan 2026$4.89$4.46–
16 Jan 2026$4.93$4.49–
23 Jan 2026$5.17$4.57–
30 Jan 2026$4.75$4.67–
6 Feb 2026$5.16$4.77–
13 Feb 2026$5.28$4.87–
20 Feb 2026$5.03$4.89–
27 Feb 2026$5.11$4.94–
6 Mar 2026$4.65$4.98–
13 Mar 2026$4.57$4.98–
20 Mar 2026$3.74$4.91–
27 Mar 2026$4.30$4.83–
2 Apr 2026$4.07$4.75–
10 Apr 2026$4.25$4.66–
17 Apr 2026$4.48$4.61–
24 Apr 2026$4.53$4.54$4.56
1 May 2026$4.71$4.50$4.56
8 May 2026$4.08$4.44$4.56
15 May 2026$3.96$4.33$4.54
22 May 2026$4.29$4.26$4.54
29 May 2026$4.33$4.26$4.55
5 Jun 2026$3.86$4.28$4.55
12 Jun 2026$4.09$4.26$4.54
18 Jun 2026$3.91$4.24$4.53
26 Jun 2026$3.33$4.16$4.52
2 Jul 2026$3.27$4.06$4.50
10 Jul 2026$3.27$3.94$4.48
17 Jul 2026$3.35$3.81$4.45
24 Jul 2026$3.36$3.73$4.42
31 Jul 2026$3.18$3.66$4.37
7 Aug 2026$4.49$3.63$4.34
14 Aug 2026$4.39$3.64$4.32
21 Aug 2026$4.08$3.66$4.30
28 Aug 2026$4.07$3.67$4.30
4 Sep 2026$4.67$3.74$4.31
11 Sep 2026$4.28$3.84$4.32
18 Sep 2026$4.18$3.93$4.32
25 Sep 2026$4.07$4.01$4.31
2 Oct 2026$4.26$4.08$4.30
9 Oct 2026$4.24$4.18$4.29
16 Oct 2026$4.03$4.22$4.27
23 Oct 2026$3.99$4.18$4.25
30 Oct 2026$3.86$4.16$4.23
4 Nov 2026$2.93$4.13$4.21
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 26 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025+4.3%
17 Oct 2025+4.7%
24 Oct 2025+6.1%
31 Oct 2025+12.5%
7 Nov 2025−8.3%
14 Nov 2025−13.0%
21 Nov 2025−11.5%
28 Nov 2025+0.0%
5 Dec 2025+2.9%
12 Dec 2025+6.2%
19 Dec 2025+8.9%
26 Dec 2025+5.2%
2 Jan 2026−11.0%
9 Jan 2026−7.7%
16 Jan 2026−3.5%
23 Jan 2026+0.2%
30 Jan 2026−3.5%
6 Feb 2026+28.4%
13 Feb 2026+35.7%
20 Feb 2026+22.4%
27 Feb 2026+15.0%
6 Mar 2026+1.7%
13 Mar 2026+3.3%
20 Mar 2026−15.2%
27 Mar 2026−0.8%
2 Apr 2026−7.3%
10 Apr 2026−11.0%
17 Apr 2026−11.8%
24 Apr 2026−16.0%
1 May 2026−5.0%
8 May 2026−27.7%
15 May 2026−33.4%
22 May 2026−22.9%
29 May 2026−25.5%
5 Jun 2026−26.7%
12 Jun 2026−22.5%
18 Jun 2026−10.6%
26 Jun 2026−37.5%
2 Jul 2026−33.2%
10 Jul 2026−34.2%
17 Jul 2026−29.9%
24 Jul 2026−29.3%
31 Jul 2026−36.1%
7 Aug 2026+5.2%
14 Aug 2026+5.8%
21 Aug 2026−7.6%
28 Aug 2026−7.7%
4 Sep 2026+16.6%
11 Sep 2026+1.6%
18 Sep 2026+4.9%
25 Sep 2026+16.4%
2 Oct 2026+26.9%
9 Oct 2026+26.5%
16 Oct 2026+17.6%
23 Oct 2026+15.9%
30 Oct 2026+20.2%
4 Nov 2026−33.9%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved −36% while the S&P 500 moved +23%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Ferroglobe pay?

Ferroglobe PLC paid $0.06 per share over the last four reported quarters. The most recent declaration was $0.01 for Jun 2026. At today's price of $2.93 that is a yield of 2.05%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Dividend per share each quarter: latest $0.01 (Jun 2026)

  • Dividend per share $0.01
Dividend per share each quarter: latest $0.01 (Jun 2026)
QuarterDividend per share
Mar 2024$0.01
Sep 2024$0.01
Dec 2024$0.01
Mar 2025$0.01
Jun 2025$0.01
Sep 2025$0.01
Dec 2025$0.01
Mar 2026$0.01
Jun 2026$0.01
Declared dividend per share, $ a share, each reported quarter. 9 quarters on file.

Which stock lists is Ferroglobe on?

Ferroglobe is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Ferroglobe profitable?

Ferroglobe PLC earned $60.6 M of net profit in the Jun 2026 quarter. The full FY25 year was a loss of $177 M. That is 16.0% of the quarter's revenue. The same quarter a year earlier lost $10.9 M. 8 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY25 profit was −$177 M (−951.5% on the year before).

FY25 profit −$177 M (−951.5% on the year before)

  • Net profit −$177 M
FY25 profit −$177 M (−951.5% on the year before)
QuarterNet profit
FY21−$115 M
FY22$444 M
FY23$98.5 M
FY24$20.8 M
FY25−$177 M

Growth on a year earlier

  • Growth on a year earlier −951.5%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22–
FY23−77.8%
FY24−78.9%
FY25−951.5%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $60.6 M

  • Net profit (quarterly) $60.6 M
Jun 2026: $60.6 M
QuarterNet profit (quarterly)
Sep 2023$44.1 M
Dec 2023−$7.2 M
Mar 2024−$2.6 M
Jun 2024$34.3 M
Sep 2024$18.6 M
Dec 2024−$29.6 M
Mar 2025−$66.9 M
Jun 2025−$10.9 M
Sep 2025−$13.3 M
Dec 2025−$86.0 M
Mar 2026−$7.1 M
Jun 2026$60.6 M

Growth on a year earlier

  • Growth on a year earlier −171.4%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−55.4%
Dec 2023−178.4%
Mar 2024−110.1%
Jun 2024−4.8%
Sep 2024−57.9%
Dec 2024–
Mar 2025–
Jun 2025−131.8%
Sep 2025−171.4%
Dec 2025–
Mar 2026–
Jun 2026–
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

How much revenue does Ferroglobe make, and is it growing?

Ferroglobe PLC reported $379 M of revenue in the Jun 2026 quarter, −2.1% on the same quarter a year earlier. Over 4 years it has grown −6.9% a year on average. The last full year, FY25, came in at $1.3 B. The last four reported quarters add to $1.4 B.

Revenue is everything the company billed its customers in the period.

FY25 revenue was $1.3 B, −18.8% on the year before.

FY25 revenue $1.3 B (−18.8% on the year before), −6.9% a year over 4 years

  • Revenue $1.3 B
FY25 revenue $1.3 B (−18.8% on the year before), −6.9% a year over 4 years
QuarterRevenue
FY21$1.8 B
FY22$2.6 B
FY23$1.7 B
FY24$1.6 B
FY25$1.3 B

Growth on a year earlier

  • Growth on a year earlier −18.8%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2246%
FY23−36.5%
FY24−0.4%
FY25−18.8%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $379 M (−2.1% on a year earlier)

  • Revenue (quarterly) $379 M
Jun 2026: $379 M (−2.1% on a year earlier)
QuarterRevenue (quarterly)
Sep 2023$417 M
Dec 2023$376 M
Mar 2024$392 M
Jun 2024$451 M
Sep 2024$434 M
Dec 2024$368 M
Mar 2025$307 M
Jun 2025$387 M
Sep 2025$312 M
Dec 2025$329 M
Mar 2026$348 M
Jun 2026$379 M

Growth on a year earlier

  • Growth on a year earlier −2.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−29.7%
Dec 2023−16.2%
Mar 2024−2.2%
Jun 2024−1.2%
Sep 20244%
Dec 2024−2.2%
Mar 2025−21.6%
Jun 2025−14.2%
Sep 2025−28.1%
Dec 2025−10.4%
Mar 202613.2%
Jun 2026−2.1%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew −6.9% on average, against −6.9% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −8.5%, against −8.6% a year over the last 8 quarters (stabilising).

How much of every $100 of sales does Ferroglobe keep?

Ferroglobe PLC's operating margin was 15.0% in the Jun 2026 quarter, 12.7 percentage points higher than the same quarter a year ago. Across 5 years it has been between −8.7% and 27.6%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +12.7 percentage points on the year while gross margin changed +14.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY25: −8.7%, within a range of −8.7% to 27.6% over 5 years

  • Operating margin −8.7%
FY25: −8.7%, within a range of −8.7% to 27.6% over 5 years
QuarterOperating margin
FY211.8%
FY2227.6%
FY2313.5%
FY244.9%
FY25−8.7%

Change on the year before (points)

  • Change on the year before (points) −13.6 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+25.8 pts
FY23−14.1 pts
FY24−8.6 pts
FY25−13.6 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 15.0% (+12.7 points on a year earlier)

  • Operating margin 15.0%
Jun 2026: operating margin 15.0% (+12.7 points on a year earlier)
QuarterOperating margin
Sep 202318.3%
Dec 202310.1%
Mar 20240.7%
Jun 20249.9%
Sep 20249.4%
Dec 2024−1.8%
Mar 2025−18.2%
Jun 20252.3%
Sep 2025−0.6%
Dec 2025−20.3%
Mar 2026−2.2%
Jun 202615%

Change on a year earlier (points)

  • Change on a year earlier (points) +12.7 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023−7.7 pts
Dec 2023−9.2 pts
Mar 2024−10.3 pts
Jun 2024−4.1 pts
Sep 2024−8.9 pts
Dec 2024−11.9 pts
Mar 2025−18.9 pts
Jun 2025−7.6 pts
Sep 2025−10.0 pts
Dec 2025−18.5 pts
Mar 2026+16.0 pts
Jun 2026+12.7 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Ferroglobe's profit turning into cash?

Over the last 3 years, 147% of Ferroglobe PLC's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $51.5 M of operating cash against −$177 M of profit. After $61.7 M of spending on assets, free cash was −$10.2 M: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $51.5 M against profit −$177 M; 147% of 3 years' profit came in as cash

  • Operating cash $51.5 M
  • Net profit −$177 M
  • Free cash −$10.2 M
FY25: operating cash $51.5 M against profit −$177 M; 147% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21−$1.3 M−$115 M−$28.9 M
FY22$405 M$444 M$353 M
FY23$178 M$98.5 M$94.7 M
FY24$243 M$20.8 M$167 M
FY25$51.5 M−$177 M−$10.2 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash $37.0 M = 61% of the quarter's profit

  • Operating cash (quarterly) $37.0 M
Jun 2026: operating cash $37.0 M = 61% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023−$8.7 M
Dec 2023$28.7 M
Mar 2024$198 M
Jun 2024$2.0 M
Sep 2024$11.1 M
Dec 2024$32.1 M
Mar 2025$19.4 M
Jun 2025$15.6 M
Sep 2025$20.8 M
Dec 2025−$4.3 M
Mar 2026−$5.6 M
Jun 2026$37.0 M

Operating cash as % of profit

  • Operating cash as % of profit 61%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023−20%
Dec 2023–
Mar 2024–
Jun 20246%
Sep 202460%
Dec 2024–
Mar 2025–
Jun 2025–
Sep 2025–
Dec 2025–
Mar 2026–
Jun 202661%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Ferroglobe's cash go?

Ferroglobe PLC does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $222 M on assets over the last 3 years. Averaged over those years that is 5.5% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $222 M over the last 3 years.

FY25: capex $61.7 M, steady spending

  • Capex $61.7 M
FY25: capex $61.7 M, steady spending
QuarterCapex
FY21$27.6 M
FY22$52.1 M
FY23$83.7 M
FY24$76.2 M
FY25$61.7 M
Capital spending each year, $ M.

Jun 2026: capex $16.5 M in the quarter

  • Capex (quarterly) $16.5 M
Jun 2026: capex $16.5 M in the quarter
QuarterCapex (quarterly)
Sep 2023$18.9 M
Dec 2023$24.2 M
Mar 2024$17.6 M
Jun 2024$21.1 M
Sep 2024$20.3 M
Dec 2024$17.1 M
Mar 2025$13.8 M
Jun 2025$15.4 M
Sep 2025$18.7 M
Dec 2025$13.8 M
Mar 2026$10.3 M
Jun 2026$16.5 M

Free cash

  • Free cash $20.4 M
Free cash
QuarterFree cash
Sep 2023−$27.6 M
Dec 2023$4.5 M
Mar 2024$180 M
Jun 2024−$19.1 M
Sep 2024−$9.2 M
Dec 2024$15.0 M
Mar 2025$5.6 M
Jun 2025$0.2 M
Sep 2025$2.1 M
Dec 2025−$18.1 M
Mar 2026−$15.9 M
Jun 2026$20.4 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Ferroglobe's P/E ratio, and how does it compare with its own history?

Ferroglobe PLC's P/E is 18.2×, with too little history to compare. Its usual P/E (the middle reading) is 38.2×, over 1 month of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

18.2×P/E · too little history to compare
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved −858.3% while the price moved −25.4%. The price did better than earnings, which pushed the multiple up within its own range.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Is the Ferroglobe business getting better or worse?

Ferroglobe PLC's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −8.5% in the latest quarter, against −0.4% at its best in 12 quarters, with ROCE falling at -5.1%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −18.8% in FY25, profit −951.5%

  • Revenue growth −18.8%
Growth year by year: revenue −18.8% in FY25, profit −951.5%
QuarterRevenue growth
FY21–
FY2246%
FY23−36.5%
FY24−0.4%
FY25−18.8%

Profit growth, EPS growth

  • Profit growth −300%
  • EPS growth −300%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22––
FY23−77.8%−81.5%
FY24−78.9%−72.1%
FY25−300%−300%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue stabilising

  • Revenue −8.5%
Three growth lines over twelve quarters: revenue stabilising
QuarterRevenue
Sep 2023−36.6%
Dec 2023−36.5%
Mar 2024−28.1%
Jun 2024−13.9%
Sep 2024−4.1%
Dec 2024−0.4%
Mar 2025−5%
Jun 2025−8.6%
Sep 2025−16.9%
Dec 2025−18.8%
Mar 2026−11.8%
Jun 2026−8.5%

Profit, EPS

  • Profit −300%
  • EPS −300%
Profit, EPS
QuarterProfitEPS
Sep 2023−76.3%−79.8%
Dec 2023−77.8%−81.5%
Mar 2024−77.9%−81.1%
Jun 2024−59.5%−61.5%
Sep 2024−62.4%−59.7%
Dec 2024−78.9%−72.9%
Mar 2025−161.8%−175.2%
Jun 2025−229.2%−247.9%
Sep 2025−300%−300%
Dec 2025−300%−300%
Mar 2026––
Jun 2026––
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE −5.1%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 202321.7%
Dec 202317.5%
Mar 202414.9%
Jun 202412.7%
Sep 202410.4%
Dec 20247.1%
Mar 20252.1%
Jun 2025−1.2%
Sep 2025−5.1%
Dec 2025–
Mar 2026–
Jun 2026–
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FlatRevenue growth · latest −8.5%, range −36.6% to −0.4%
FallingProfit growth · latest −951.5%, range −951.5% to −59.5%
FallingEPS growth · latest −889.2%, range −889.2% to −59.7%
FallingROCE · latest −5.1%, range −5.1% to 21.7%

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−18.8%−19.9%——
Stock price−25.4%———
−2.1%Revenue growth (Jun 2026) · latest quarter against a year ago
−6.9%Revenue, 4 years · yearly growth over the long run

How much does Ferroglobe earn on its capital?

Ferroglobe PLC earned a ROE of −26% in FY25. That is up from a low of −36% in FY21. Its return on capital used (ROIC) is 4.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

It comes from a −13.3% net margin and 0.94× asset turnover (sales divided by assets).

Why the return is what it is (FY25): a −13.3% net margin × 0.94× asset turnover × 2.04× leverage (assets divided by equity) ≈ −25.5% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 4.5% − 9.3% = −4.8 percentage points. The 9.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 4.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at −13.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE −26%, the climb back from FY21's −36%

  • ROE −25.6%
  • ROIC (annual) −13.4%
  • Cost of capital 9.3%
FY25: ROE −26%, the climb back from FY21's −36%
QuarterROEROIC (annual)Cost of capital
FY21−36.1%3.8%9.3%
FY2258.6%59.4%9.3%
FY2311.3%13.6%9.3%
FY242.5%4.6%9.3%
FY25−25.6%−13.4%9.3%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 9.3% cost of capital used on this page.

Jun 2026: ROIC −7.8% (last 12 months) against a 9.3% cost of capital

  • ROIC (12 months) −7.8%
  • ROE (12 months) −4.2%
  • Cost of capital 9.3%
Jun 2026: ROIC −7.8% (last 12 months) against a 9.3% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 202324.9%19.5%9.3%
Dec 202318.3%21%9.3%
Mar 202417.1%−3.3%9.3%
Jun 202413.7%−1.2%9.3%
Sep 202412.9%16%9.3%
Dec 202410.2%8.3%9.3%
Mar 20255.9%−13.5%9.3%
Jun 2025−0.7%−33.1%9.3%
Sep 2025−3.6%−5.5%9.3%
Dec 2025−6.2%−6.6%9.3%
Mar 2026−13.2%−46.5%9.3%
Jun 2026−7.8%−4.2%9.3%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Ferroglobe have too much debt?

Ferroglobe PLC has total debt of $251 M against shareholder equity of $718 M as of Jun 2026, so its debt is 0.35× its equity. Year by year, that ratio went from 1.95 in FY21 to 0.39 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $269 M, 0.39× equity

  • Total debt $269 M
FY25: debt $269 M, 0.39× equity
QuarterTotal debt
FY21$625 M
FY22$542 M
FY23$345 M
FY24$209 M
FY25$269 M

Debt-to-equity

  • Debt-to-equity 0.39×
Debt-to-equity
QuarterDebt-to-equity
FY211.95×
FY220.72×
FY230.40×
FY240.25×
FY250.39×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $251 M, debt-to-equity 0.35

  • Total debt (quarterly) $251 M
Jun 2026: debt $251 M, debt-to-equity 0.35
QuarterTotal debt (quarterly)
Sep 2023$316 M
Dec 2023$345 M
Mar 2024$207 M
Jun 2024$215 M
Sep 2024$219 M
Dec 2024$209 M
Mar 2025$232 M
Jun 2025$256 M
Sep 2025$250 M
Dec 2025$269 M
Mar 2026$272 M
Jun 2026$251 M

Debt-to-equity

  • Debt-to-equity 0.35×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.37×
Dec 20230.40×
Mar 20240.25×
Jun 20240.25×
Sep 20240.24×
Dec 20240.25×
Mar 20250.30×
Jun 20250.32×
Sep 20250.32×
Dec 20250.39×
Mar 20260.41×
Jun 20260.35×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Ferroglobe shareholding pattern?

We have no ownership or short-position figures for Ferroglobe PLC, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 3.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

How far is Ferroglobe from balance-sheet trouble?

For Ferroglobe PLC, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Ferroglobe rank in its industry?

47.6 out of 100, rank 12 of 29 in Other Industrial Metals & Mining, with 64% of the evidence available.

Ferroglobe PLC scores 47.6 out of 100 against the 29 companies it is compared with in Other Industrial Metals & Mining, ranking 12. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 14.6 + 11.7 + 10.5 + 10.8 = 47.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Ferroglobe compared with?

Ferroglobe ranks 12 of 29 Other Industrial Metals & Mining companies on the 4-Factor Sector Score, with 47.6 out of 100.

  1. 1Santacruz Silver Mining Ltd.SCZM · losing its lead · Most evidence points up · 81% evidence68.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.8/35 · Revenue 39.9% · Profit -32.8% · Operating margin change 12.1 points · 83% evidenceCapital efficiency 20.2/25 · ROCE 36.5% · Operating margin 38.8% · 76% evidenceValuation 14.3/20 · P/E 14.2× · PEG 0.41 · 65% evidenceRelative strength 15.4/20 · Lead over its industry 25.9% · Lead over S&P 500 -17.2% · 1 year 45.6% · 100% evidence · 10 of 12 weeks aheadExact sum: 18.8 + 20.2 + 14.3 + 15.4 = 68.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Teck Resources LimitedTECK · losing its lead · Most evidence points up · 64% evidence68.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.4/35 · Revenue 40.5% · Profit — · Operating margin change 29.8 points · 62% evidenceCapital efficiency 16.2/25 · ROCE 10.3% · Operating margin 43.1% · 76% evidenceValuation 9.0/20 · P/E 16.6× · PEG — · 15% evidenceRelative strength 20.0/20 · Lead over its industry 57.5% · Lead over S&P 500 5.6% · 1 year 56.8% · 100% evidence · 6 of 12 weeks aheadExact sum: 23.4 + 16.2 + 9 + 20 = 68.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3BHP Group LimitedBHP · quiet · Too little evidence to rank firmly · 51% evidence67.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.2/35 · Revenue — · Profit — · Operating margin change 5.6 points · 26% evidenceCapital efficiency 21.5/25 · ROCE 23.6% · Operating margin 43.3% · 76% evidenceValuation 8.9/20 · P/E 21.2× · PEG — · 15% evidenceRelative strength 17.9/20 · Lead over its industry 46.6% · Lead over S&P 500 -1.9% · 1 year 45.3% · 100% evidence · 2 of 12 weeks aheadExact sum: 19.2 + 21.5 + 8.9 + 17.9 = 67.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  4. 4Nexa Resources S.A.NEXA · quiet · Evidence leans up · 64% evidence63.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.9/35 · Revenue 24.3% · Profit — · Operating margin change 11.1 points · 62% evidenceCapital efficiency 17.1/25 · ROCE 17.5% · Operating margin 19.8% · 76% evidenceValuation 9.6/20 · P/E 5.8× · PEG — · 15% evidenceRelative strength 15.7/20 · Lead over its industry 40.4% · Lead over S&P 500 -7.2% · 1 year 126.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.9 + 17.1 + 9.6 + 15.7 = 63.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Rio Tinto GroupRIO · quiet · Too little evidence to rank firmly · 51% evidence61.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.6/35 · Revenue — · Profit — · Operating margin change 2.9 points · 26% evidenceCapital efficiency 18.1/25 · ROCE 14% · Operating margin 28% · 76% evidenceValuation 9.5/20 · P/E 13.5× · PEG — · 15% evidenceRelative strength 15.2/20 · Lead over its industry 29.8% · Lead over S&P 500 -13.8% · 1 year 22% · 100% evidence · 0 of 12 weeks aheadExact sum: 18.6 + 18.1 + 9.5 + 15.2 = 61.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  6. 6MP Materials Corp.MP · quiet · Evidence leans up · 64% evidence54.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.1/35 · Revenue 72.3% · Profit — · Operating margin change 62.4 points · 62% evidenceCapital efficiency 9.4/25 · ROCE -2.5% · Operating margin -14.7% · 76% evidenceValuation 11.5/20 · P/E -104.3× · PEG — · 15% evidenceRelative strength 10.2/20 · Lead over its industry -7.1% · Lead over S&P 500 -39% · 1 year -38.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 23.1 + 9.4 + 11.5 + 10.2 = 54.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Almonty Industries Inc.ALM · quiet · Evidence leans up · 64% evidence51.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.9/35 · Revenue 100% · Profit — · Operating margin change 201.6 points · 62% evidenceCapital efficiency 12.2/25 · ROCE 0.3% · Operating margin 37.5% · 76% evidenceValuation 8.6/20 · P/E 63× · PEG — · 15% evidenceRelative strength 5.3/20 · Lead over its industry -9.3% · Lead over S&P 500 -41.3% · 1 year 25.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.9 + 12.2 + 8.6 + 5.3 = 51 · What this means: Earnings are strong; relative strength in its sector is -9.3% and the one-year return is 25.6%.
  8. 8Americas Gold and Silver CorporationUSAS · quiet · Evidence leans up · 64% evidence50.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.3/35 · Revenue 87.6% · Profit — · Operating margin change 50.8 points · 62% evidenceCapital efficiency 10.7/25 · ROCE 8% · Operating margin 11% · 76% evidenceValuation 11.0/20 · P/E -29× · PEG — · 15% evidenceRelative strength 4.2/20 · Lead over its industry -19% · Lead over S&P 500 -47.8% · 1 year -20.8% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.3 + 10.7 + 11 + 4.2 = 50.2 · What this means: Earnings are strong; relative strength in its sector is -19% and the one-year return is -20.8%.
  9. 9Sigma Lithium CorporationSGML · quiet · Evidence leans down · 64% evidence49.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.0/35 · Revenue 7.5% · Profit — · Operating margin change 145 points · 62% evidenceCapital efficiency 14.9/25 · ROCE 12.9% · Operating margin 24.6% · 76% evidenceValuation 11.2/20 · P/E -31.4× · PEG — · 15% evidenceRelative strength 2.0/20 · Lead over its industry -33.8% · Lead over S&P 500 -57.4% · 1 year 5.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 21 + 14.9 + 11.2 + 2 = 49.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Materion CorporationMTRN · losing its lead · Too little evidence to rank firmly · 58% evidence49.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.8/35 · Revenue — · Profit — · Operating margin change 0.5 points · 45% evidenceCapital efficiency 13.3/25 · ROCE 8.4% · Operating margin 8.6% · 76% evidenceValuation 8.8/20 · P/E 61.3× · PEG — · 15% evidenceRelative strength 11.1/20 · Lead over its industry 33.8% · Lead over S&P 500 -9.4% · 1 year 61.3% · 100% evidence · 5 of 12 weeks aheadExact sum: 15.8 + 13.3 + 8.8 + 11.1 = 49 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  11. 11Compass Minerals International, Inc.CMP · quiet · Evidence leans down · 74% evidence47.7out of 100GrowthCapitalValuationRelative
  12. 12Ferroglobe PLC this pageGSM · quiet · Evidence leans down · 64% evidence47.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.6/35 · Revenue -8.6% · Profit — · Operating margin change 12.7 points · 62% evidenceCapital efficiency 11.7/25 · ROCE -2% · Operating margin 15% · 76% evidenceValuation 10.5/20 · P/E -14.7× · PEG — · 15% evidenceRelative strength 10.8/20 · Lead over its industry -2.8% · Lead over S&P 500 -35.6% · 1 year -25.4% · 100% evidence · 7 of 12 weeks aheadExact sum: 14.6 + 11.7 + 10.5 + 10.8 = 47.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  13. 13United States Antimony CorporationUAMY · quiet · Most evidence points down · 64% evidence31.5out of 100GrowthCapitalValuationRelative
  14. 14Skeena Resources LimitedSKE · losing its lead · Too little evidence to rank firmly · 47% evidence55.5out of 100GrowthCapitalValuationRelative
  15. 15Vizsla Silver Corp.VZLA · quiet · Too little evidence to rank firmly · 50% evidence50.5out of 100GrowthCapitalValuationRelative
  16. 16Critical Metals Corp.CRML · basing · Too little evidence to rank firmly · 47% evidence50.1out of 100GrowthCapitalValuationRelative
  17. 17Elevra Lithium LimitedELVR · quiet · Too little evidence to rank firmly · 45% evidence47.7out of 100GrowthCapitalValuationRelative
  18. 18NioCorp Developments Ltd.NB · quiet · Too little evidence to rank firmly · 50% evidence45.0out of 100GrowthCapitalValuationRelative
  19. 19Lithium Americas Corp.LAC · quiet · Too little evidence to rank firmly · 50% evidence44.0out of 100GrowthCapitalValuationRelative
  20. 20Western Copper and Gold CorporationWRN · quiet · Too little evidence to rank firmly · 47% evidence42.4out of 100GrowthCapitalValuationRelative
  21. 21Lithium Argentina AGLAR · quiet · Too little evidence to rank firmly · 50% evidence41.6out of 100GrowthCapitalValuationRelative
  22. 22Standard Lithium Ltd.SLI · basing · Too little evidence to rank firmly · 50% evidence39.4out of 100GrowthCapitalValuationRelative
  23. 23USA Rare Earth, Inc.USAR · quiet · Too little evidence to rank firmly · 46% evidence37.7out of 100GrowthCapitalValuationRelative
  24. 24Evolution Metals & Technologies Corp.EMAT · basing · Too little evidence to rank firmly · 22% evidence37.0out of 100GrowthCapitalValuationRelative
  25. 25IperionX LimitedIPX · quiet · Too little evidence to rank firmly · 47% evidence36.4out of 100GrowthCapitalValuationRelative
  26. 26Trilogy Metals Inc.TMQ · quiet · Too little evidence to rank firmly · 50% evidence35.2out of 100GrowthCapitalValuationRelative
  27. 27REalloys Inc.ALOY · quiet · Too little evidence to rank firmly · 47% evidence34.2out of 100GrowthCapitalValuationRelative
  28. 28TMC the metals company Inc.TMC · quiet · Too little evidence to rank firmly · 47% evidence31.2out of 100GrowthCapitalValuationRelative
  29. 29Northern Dynasty Minerals Ltd.NAK · quiet · Too little evidence to rank firmly · 50% evidence29.4out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Other Industrial Metals & Mining, all 29 compared on one page.

Which companies are close to Ferroglobe in size?

Ferroglobe is the 14th largest of 20 Other Industrial Metals & Mining companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Critical Metals Corp., Santacruz Silver Mining and Sigma Lithium Corporation. Just below it: REalloys Inc., United States Antimony Corporation and Elevra Lithium.

Other Industrial Metals & Mining companies close in size

  1. Critical Metals Corp. $936 million
  2. Santacruz Silver Mining Ltd. $717 million
  3. Sigma Lithium Corporation $633 million
  4. Ferroglobe PLC $548 million
  5. REalloys Inc. $459 million
  6. United States Antimony Corporation $446 million
  7. Elevra Lithium Limited $408 million

All 20 Other Industrial Metals & Mining companies, largest first

Companies close in size in other industries

  1. Ballard Power Systems Inc. $556 million · Electrical Equipment & Parts
  2. Babcock & Wilcox Enterprises, Inc. $550 million · Specialty Industrial Machinery
  3. Ferroglobe PLC $548 million
  4. Hudson Pacific Properties, Inc. $547 million · REIT - Office
  5. Anteris Technologies Global Corp. $546 million · Medical Instruments & Supplies

What else do people ask about Ferroglobe?

What were Ferroglobe's latest quarterly results?

Ferroglobe PLC reported revenue of $379 M and net profit of $60.6 M for the Jun 2026 quarter. Earnings per share were $0.32. The operating margin was 15.0%, 12.7 percentage points higher than a year earlier (as of 4 November 2026).

What is Ferroglobe's market cap?

Ferroglobe PLC's market capitalisation is $548 M at a stock price of $2.93. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Ferroglobe performing?

Ferroglobe PLC's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running. This describes what the data did, not a rating (as of 4 November 2026).

Will Ferroglobe's stock price go up?

This page does not forecast Ferroglobe PLC's stock price. What it shows instead: the stock price is $2.93. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Does Ferroglobe have too much debt?

Ferroglobe PLC has a moderate amount of debt: its debt is 0.32× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).

Is Ferroglobe's profit real cash?

Yes, over the last 3 years, 147% of Ferroglobe PLC's reported profit came in as cash from operations. The latest year was lower at -29%, so the trend is worth watching. In FY25, operating cash was $51.5 M against reported profit of −$177 M.

Most of that cash then goes into building new capacity. These are yearly figures (as of 4 November 2026).

Where is Ferroglobe in its business cycle?

Ferroglobe PLC's FY25 operating margin was −8.7%, against a 5-year range of −8.7% to 27.6%: the low end of its own range, which is often where recoveries start. The latest quarter was 15.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Ferroglobe story?

The main question: the share price moved −25.4% in a year while yearly earnings per share moved −858.3%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Ferroglobe a stock worth studying right now?

What the numbers show: Ferroglobe PLC's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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