ENERGIZER HOLDINGS, INC. ENR
Energizer, through its operating subsidiaries, is a global diversified household products leader in batteries, auto care and portable lights. Energizer is one of the world's largest manufacturers, marketers and distributors of household and specialty batteries; automotive appearance, performance, refrigerant and freshener products; and portable lights. Information about our recent acquisitions can be found in the MD&A and Note 4 to our Consolidated Financial Statements.
Energizer is the beneficiary of over 100 years of expertise in the battery and portable lighting products industries and is recognized worldwide for innovation, quality and dependability across its brands which include Energizer®, Eveready® and Rayovac® brands which are marketed and sold around the world.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.95B | $2.89B | $2.96B | $3.05B | $3.02B | $2.74B | $2.49B | $1.80B | $1.76B | $1.63B |
| Cost of revenue | $1.72B | $1.78B | $1.84B | $1.93B | $1.86B | $1.66B | $1.49B | $966.8M | $944.4M | $921.8M |
| Gross profit | $1.23B | $1.10B | $1.12B | $1.12B | $1.16B | $1.08B | $1.00B | $830.9M | $811.3M | $712.4M |
| R&D | $32.6M | $31.6M | $32.9M | $34.7M | $34.5M | $35.4M | $32.8M | $22.4M | $22.0M | $26.6M |
| SG&A | $532.4M | $526.3M | $489.4M | $484.5M | $487.2M | $483.3M | $515.7M | $421.7M | $361.3M | $361.4M |
| Interest expense | $154.3M | $155.7M | $168.7M | $158.4M | $161.8M | $195.0M | $226.0M | $98.4M | $53.1M | $54.3M |
| Pre-tax income | $284.1M | $53.8M | $175.7M | -$305.5M | $154.2M | $67.7M | $73.1M | $175.2M | $273.3M | $165.7M |
| Income tax | $45.1M | $15.7M | $35.2M | $74.0M | $6.7M | $20.9M | $8.4M | $81.7M | $71.8M | $38.0M |
| Net income | $239.0M | $38.1M | $140.5M | -$231.5M | $160.9M | -$93.3M | $51.1M | $93.5M | $201.5M | $127.7M |
| EPS, basic | 3.37 | 0.53 | 1.97 | -3.37 | 2.12 | -1.59 | 0.59 | 1.56 | 3.27 | 2.06 |
| EPS, diluted | 3.32 | 0.52 | 1.94 | -3.37 | 2.11 | -1.58 | 0.58 | 1.52 | 3.22 | 2.04 |
| Shares, diluted (wtd. avg.) | $72.0M | $72.7M | $72.4M | $69.9M | $68.7M | $69.5M | $67.3M | $61.4M | $62.6M | $62.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $236.2M | $216.9M | $223.3M | $205.3M | $238.9M | $459.8M | $258.5M | $522.1M | $378.0M | $287.3M |
| Receivables | $404.2M | $441.3M | $511.6M | $421.7M | $292.9M | $292.0M | $340.2M | $230.4M | $230.2M | $190.9M |
| Inventory | $781.2M | $657.3M | $649.7M | $771.6M | $728.3M | $511.3M | $469.3M | $323.1M | $317.1M | $289.2M |
| Total current assets | $1.68B | $1.48B | $1.56B | $1.59B | $1.44B | $2.21B | $2.04B | $1.17B | $1.02B | $889.5M |
| Property, plant and equipment | — | — | — | — | — | $352.1M | $362.0M | $166.7M | $176.5M | $201.7M |
| Goodwill | $1.05B | $1.05B | $1.02B | $1.00B | $1.05B | $1.05B | $1.00B | $244.2M | $230.0M | $229.7M |
| Other intangibles | $1.01B | $1.07B | $1.24B | $1.30B | $1.87B | $1.91B | $1.96B | $232.7M | $223.8M | $234.7M |
| Total assets | $4.56B | $4.34B | $4.51B | $4.57B | $5.01B | $5.73B | $5.45B | $3.18B | $1.82B | $1.73B |
| Accounts payable | $402.2M | $433.1M | $370.8M | $329.4M | $454.8M | $378.1M | $299.0M | $228.9M | $219.3M | $217.0M |
| Short-term debt | $8.6M | $12.0M | $12.0M | $12.0M | $12.0M | $841.3M | $0 | $4.0M | $4.0M | $4.0M |
| Total current liabilities | $795.0M | $819.8M | $734.2M | $697.9M | $946.4M | $1.65B | $1.07B | $751.2M | $582.0M | $533.1M |
| Long-term debt | $3.41B | $3.19B | $3.33B | $3.50B | $3.33B | $3.31B | $3.46B | $976.1M | $978.5M | $981.7M |
| Total liabilities | $4.39B | $4.21B | $4.30B | $4.44B | $4.65B | $5.42B | $4.91B | $3.15B | $1.74B | $1.76B |
| Retained earnings | $87.0M | -$128.4M | -$164.8M | -$304.7M | -$5.0M | -$66.2M | $129.5M | $177.3M | $198.7M | $70.9M |
| Total equity | $169.9M | $135.8M | $210.7M | $130.6M | $355.7M | $309.1M | $543.8M | $24.5M | $85.1M | -$30.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $147.1M | $429.6M | $395.2M | $1.0M | $179.7M | $376.4M | $149.5M | $228.7M | $197.2M | $193.9M |
| Depreciation and amortisation | $126.7M | $120.5M | $122.7M | $121.6M | $118.5M | $111.9M | $92.8M | $45.1M | $50.2M | $34.3M |
| Stock-based compensation | $25.6M | $23.1M | $21.8M | $13.2M | $10.2M | $24.5M | $27.1M | $28.2M | $24.3M | $20.4M |
| Capital expenditure | $83.9M | $97.9M | $56.8M | $77.8M | $64.9M | $65.3M | $55.1M | $24.2M | $25.2M | $28.7M |
| Investing cash flow | -$98.2M | -$114.0M | -$56.1M | -$90.9M | -$126.4M | $216.9M | -$2.92B | -$56.2M | $2.0M | -$371.2M |
| Financing cash flow | -$29.1M | -$300.3M | -$309.4M | $79.1M | -$1.07B | $393.1M | $1.27B | $1.23B | -$106.9M | -$45.4M |
| Dividends paid | $87.1M | $87.4M | $86.3M | $84.9M | $83.9M | $85.4M | $83.0M | $70.0M | $69.1M | $62.7M |
| Buybacks | $89.7M | $0 | $0 | $0 | $96.3M | $45.0M | $45.0M | $70.0M | $59.5M | $31.8M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001632790-25-000091.
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