Silicon (Si) has been well recognized as a promising candidate to replace graphite because of its earth abundance and high‐capacity storage, but its large volume changes upon lithiation/delithiation and the consequential material fracturing, loss of electrical contact, and over‐consumption of the electrolyte prevent its full application. As a countermeasure for rapid capacity decay, a composite electrode of graphite and Si has been adopted by accommodating Si nanoparticles in a graphite matrix. Such an approach, which involves two materials that interact electrochemically with lithium in the electrode, necessitates an analytical methodology to determine the individual electrochemical behavior of each active material. In this work, a methodology comprising differential plots and integral calculus is established to analyze the complicated interplay among the two active batteries and investigate the failure mechanism underlying capacity fade in the blend electrode. To address performance deficiencies identified by this methodology, an aluminum alkoxide (alucone) surface‐modification strategy is demonstrated to stabilize the structure and electrochemical performance of the graphite‐Si composite electrode. The integrated approach established in this work is of great importance to the design and diagnostics of a multi‐component composite electrode, which is expected to be high interest to other next‐generation battery system.