Ferroglobe Raises Dividend 7% as Q4 EBITDA Climbs 48% to $14.6M
Ferroglobe posted Q4 2025 adjusted EBITDA of $14.6M, up 48%, and Q4 sales rose 5.7% to $329.4M while reporting a net loss of $81.0M. The company ended 2025 with $123.0M cash, $29.8M net debt, secured a 10-year French energy contract and hiked its dividend 7%.
1. Q4 and Full-Year Financial Results
Ferroglobe reported Q4 sales of $329.4M, a 5.7% sequential increase, and adjusted EBITDA of $14.6M, up 48% year-over-year. Net loss widened to $81.0M for the quarter and full-year loss reached $170.7M on sales of $1.335B, down 18.8%.
2. Trade Enforcement and Energy Contract
EU ferroalloy safeguard measures and a favorable preliminary U.S. antidumping decision are reducing import pressure and supporting market conditions. A new 10-year French energy contract locks in stable supply and lowers cost volatility for smelting operations.
3. Balance Sheet Strength and Capital Return
The company ended 2025 with $123.0M cash and $29.8M net debt, maintaining strong liquidity to support growth. Ferroglobe increased its quarterly dividend by 7% to $0.015 per share, payable on March 30, reflecting confidence in cash flows.