NYSE : ENR
Energizer Holdings, Inc. — Financial statements
Industrials · Electrical Equipment & Parts · United States
Last price 23.15 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.59B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Energizer Holdings, Inc. (ENR) reported revenue of 2.99B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.99B | 2.95B | 2.89B | 2.96B | 3.05B | 3.02B |
| Cost of Revenue | 1.89B | 1.67B | 1.71B | 1.81B | 1.91B | 1.82B |
| Gross Profit | 1.10B | 1.29B | 1.18B | 1.15B | 1.14B | 1.20B |
| Selling, General & Admin | 653.90M | 647.30M | 620.80M | 604.40M | 600.30M | 604.00M |
| Research & Development | 31.10M | 32.60M | 31.60M | 32.90M | 33.60M | 33.40M |
| Amortization of Goodwill & Intangibles | 53.60M | 58.70M | 58.20M | 59.40M | 61.10M | 61.20M |
| Operating Expenses | 738.60M | 738.60M | 710.60M | 696.70M | 695.00M | 698.60M |
| Operating Income | 363.00M | 548.10M | 471.40M | 457.20M | 441.50M | 502.50M |
| Interest Expense | -158.40M | -154.30M | -155.70M | -168.70M | -158.40M | -161.80M |
| Interest & Investment Income | 5.50M | 3.20M | 10.70M | 8.90M | 1.00M | 700.00K |
| Currency Exchange Gain (Loss) | -7.50M | -1.80M | -10.10M | -17.30M | -7.80M | -5.50M |
| Other Non Operating Income (Expenses) | -1.20M | -200.00K | -6.60M | 4.00M | -1.60M | -700.00K |
| EBT Excluding Unusual Items | 201.40M | 395.00M | 309.70M | 284.10M | 274.70M | 335.20M |
| Merger & Restructuring Charges | -104.40M | -93.50M | -106.20M | -59.70M | -32.00M | -68.90M |
| Impairment of Goodwill | -17.40M | |||||
| Gain (Loss) on Sale of Investments | -1.00M | |||||
| Asset Writedown | -5.90M | -5.90M | -110.60M | -524.50M | ||
| Legal Settlements | 1.70M | -13.70M | ||||
| Other Unusual Items | 29.00M | -13.20M | -24.40M | -48.70M | -6.30M | -112.10M |
| Pretax Income | 120.10M | 284.10M | 53.80M | 175.70M | -305.50M | 154.20M |
| Income Tax Expense | 38.60M | 45.10M | 15.70M | 35.20M | -74.00M | -6.70M |
| Earnings From Continuing Operations | 81.50M | 239.00M | 38.10M | 140.50M | -231.50M | 160.90M |
| Net Income | 81.50M | 239.00M | 38.10M | 140.50M | -231.50M | 160.90M |
| Preferred Dividends & Other Adjustments | 4.00M | 16.20M | ||||
| Net Income to Common | 81.50M | 239.00M | 38.10M | 140.50M | -235.50M | 144.70M |
| Shares Outstanding (Basic) | 68.42M | 70.90M | 71.80M | 71.50M | 69.90M | 68.20M |
| Shares Outstanding (Diluted) | 69.22M | 72.00M | 72.70M | 72.40M | 69.90M | 68.70M |
| EPS (Basic) | 1.19 | 3.37 | 0.53 | 1.97 | -3.37 | 2.12 |
| EPS (Diluted) | 1.17 | 3.32 | 0.52 | 1.94 | -3.37 | 2.11 |
| Free Cash Flow | 150.60M | 63.20M | 331.70M | 338.40M | -76.80M | 114.80M |
| Free Cash Flow Per Share | 2.18 | 0.88 | 4.56 | 4.67 | -1.10 | 1.67 |
| Dividend Per Share | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 | 1.20 |
| Gross Margin | 36.85% | 43.58% | 40.94% | 38.99% | 37.26% | 39.75% |
| Operating Margin | 12.14% | 18.56% | 16.33% | 15.45% | 14.47% | 16.63% |
| Profit Margin | 2.73% | 8.09% | 1.32% | 4.75% | -7.72% | 4.79% |
| Free Cash Flow Margin | 5.04% | 2.14% | 11.49% | 11.43% | -2.52% | 3.80% |
| EBITDA | 450.60M | 655.50M | 576.40M | 566.30M | 552.70M | 612.70M |
| EBITDA Margin | 15.07% | 22.20% | 19.96% | 19.13% | 18.12% | 20.28% |
| D&A For EBITDA | 87.60M | 107.40M | 105.00M | 109.10M | 111.20M | 110.20M |
| EBIT | 363.00M | 548.10M | 471.40M | 457.20M | 441.50M | 502.50M |
| EBIT Margin | 12.14% | 18.56% | 16.33% | 15.45% | 14.47% | 16.63% |
| Effective Tax Rate | 32.14% | 15.88% | 29.18% | 20.03% | ||
| Advertising Expenses | 151.70M | 143.70M | 142.30M | 137.10M | 162.10M |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 173.40M | 236.20M | 216.90M | 223.30M | 205.30M | 238.90M |
| Cash & Short-Term Investments | 173.40M | 236.20M | 216.90M | 223.30M | 205.30M | 238.90M |
| Accounts Receivable | 366.90M | 404.20M | 441.30M | 511.60M | 421.70M | 292.90M |
| Other Receivables | 150.50M | 135.50M | 53.30M | 51.40M | 57.60M | 66.00M |
| Receivables | 517.40M | 539.70M | 494.60M | 563.00M | 479.30M | 358.90M |
| Inventory | 747.80M | 781.20M | 657.30M | 649.70M | 771.60M | 728.30M |
| Prepaid Expenses | 124.70M | 101.70M | 80.60M | 83.60M | 90.90M | 98.30M |
| Other Current Assets | 36.50M | 20.30M | 29.50M | 37.00M | 42.90M | 15.10M |
| Total Current Assets | 1.60B | 1.68B | 1.48B | 1.56B | 1.59B | 1.44B |
| Property, Plant & Equipment | 474.50M | 496.20M | 474.80M | 462.10M | 462.20M | 495.20M |
| Goodwill | 1.05B | 1.05B | 1.05B | 1.02B | 1.00B | 1.05B |
| Other Intangible Assets | 966.70M | 1.01B | 1.07B | 1.24B | 1.30B | 1.87B |
| Long-Term Deferred Tax Assets | 166.70M | 166.60M | 145.80M | 88.40M | 61.80M | 21.70M |
| Other Long-Term Assets | 209.80M | 158.10M | 126.00M | 148.60M | 159.20M | 126.00M |
| Total Assets | 4.47B | 4.56B | 4.34B | 4.51B | 4.57B | 5.01B |
| Accounts Payable | 404.20M | 402.20M | 433.10M | 370.80M | 329.40M | 454.80M |
| Accrued Expenses | 191.00M | 213.50M | 205.70M | 179.10M | 189.40M | 185.50M |
| Short-Term Debt | 30.50M | 13.70M | 2.10M | 8.20M | 6.40M | 105.00M |
| Current Portion of Long-Term Debt | 8.60M | 8.60M | 12.00M | 12.00M | 12.00M | 12.00M |
| Current Portion of Leases | 14.20M | 17.70M | 18.80M | 17.60M | 16.20M | 17.80M |
| Current Income Taxes Payable | 20.60M | 24.90M | 22.50M | 36.90M | 36.70M | 30.30M |
| Other Current Liabilities | 103.10M | 114.40M | 125.60M | 109.60M | 107.80M | 141.00M |
| Total Current Liabilities | 772.20M | 795.00M | 819.80M | 734.20M | 697.90M | 946.40M |
| Long-Term Debt | 3.25B | 3.36B | 3.14B | 3.30B | 3.47B | 3.29B |
| Long-Term Leases | 131.50M | 133.60M | 131.00M | 116.40M | 120.10M | 144.30M |
| Pension & Post-Retirement Benefits | 44.00M | 48.30M | 47.50M | 55.00M | 49.30M | 66.20M |
| Long-Term Deferred Tax Liabilities | 11.50M | 6.10M | 8.30M | 12.40M | 17.90M | 91.30M |
| Other Long-Term Liabilities | 57.40M | 44.70M | 55.60M | 80.50M | 88.80M | 112.20M |
| Total Liabilities | 4.26B | 4.39B | 4.21B | 4.30B | 4.44B | 4.65B |
| Common Stock | 800.00K | 800.00K | 800.00K | 800.00K | 800.00K | 700.00K |
| Additional Paid-In Capital | 598.40M | 603.50M | 667.60M | 750.50M | 828.70M | 832.00M |
| Retained Earnings | 66.50M | 87.00M | -128.40M | -164.80M | -304.70M | -5.00M |
| Treasury Stock | -279.80M | -295.80M | -223.60M | -238.10M | -248.90M | -241.60M |
| Comprehensive Income & Other | -182.70M | -225.60M | -180.60M | -137.70M | -145.30M | -230.40M |
| Shareholders' Equity | 203.20M | 169.90M | 135.80M | 210.70M | 130.60M | 355.70M |
| Total Liabilities & Equity | 4.47B | 4.56B | 4.34B | 4.51B | 4.57B | 5.01B |
| Total Debt | 3.43B | 3.53B | 3.31B | 3.45B | 3.62B | 3.57B |
| Net Cash (Debt) | -3.26B | -3.30B | -3.09B | -3.23B | -3.42B | -3.33B |
| Net Cash Per Share | -47.06 | -45.78 | -42.52 | -44.63 | -48.88 | -48.49 |
| Filing Date Shares Outstanding | 68.48M | 68.43M | 71.92M | 71.58M | 71.29M | 66.86M |
| Total Common Shares Outstanding | 68.48M | 68.21M | 71.81M | 71.50M | 71.27M | 66.86M |
| Working Capital | 827.60M | 884.10M | 659.10M | 822.40M | 892.10M | 493.10M |
| Book Value Per Share | 2.97 | 2.49 | 1.89 | 2.95 | 1.83 | 5.32 |
| Tangible Book Value | -1.81B | -1.89B | -1.98B | -2.04B | -2.17B | -2.57B |
| Tangible Book Value Per Share | -26.46 | -27.66 | -27.59 | -28.58 | -30.42 | -38.43 |
| Land | 12.50M | 12.70M | 12.80M | 12.90M | 14.40M | 14.40M |
| Buildings | 129.60M | 131.60M | 139.20M | 135.20M | 120.70M | 121.40M |
| Machinery | 860.10M | 840.60M | 813.80M | 832.90M | 828.20M | 822.90M |
| Construction In Progress | 25.80M | 44.60M | 68.80M | 69.70M | 50.10M | 62.40M |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 81.50M | 239.00M | 38.10M | 140.50M | -231.50M | 160.90M |
| Depreciation & Amortization | 87.60M | 107.40M | 105.00M | 109.10M | 111.20M | 110.20M |
| Other Amortization | 19.30M | 19.30M | 15.50M | 13.60M | 10.40M | 8.30M |
| Loss (Gain) From Sale of Assets | -4.40M | -3.30M | ||||
| Asset Writedown & Restructuring Costs | 23.70M | 5.90M | 110.60M | 541.90M | ||
| Stock-Based Compensation | 26.30M | 25.60M | 23.10M | 21.80M | 13.20M | 10.20M |
| Other Operating Activities | -12.00M | -109.90M | 19.80M | 47.10M | -110.00M | 62.70M |
| Change in Accounts Receivable | 32.90M | 32.90M | 71.80M | -80.40M | -185.50M | 9.50M |
| Change in Inventory | -88.60M | -88.60M | -4.00M | 132.30M | -94.20M | -211.80M |
| Change in Accounts Payable | -60.00M | -60.00M | 62.20M | 35.20M | -113.80M | 51.40M |
| Change in Other Net Operating Assets | 106.80M | -24.50M | -8.10M | -24.00M | 59.30M | -18.40M |
| Operating Cash Flow | 217.50M | 147.10M | 429.60M | 395.20M | 1.00M | 179.70M |
| Capital Expenditures | -66.90M | -83.90M | -97.90M | -56.80M | -77.80M | -64.90M |
| Sale of Property, Plant & Equipment | 1.10M | 7.30M | 700.00K | 600.00K | 5.70M | |
| Cash Acquisitions | -1.50M | -14.30M | -22.40M | 1.00M | -67.20M | |
| Sale (Purchase) of Intangibles | -14.70M | |||||
| Investment in Securities | -1.00M | |||||
| Investing Cash Flow | -67.30M | -98.20M | -114.00M | -56.10M | -90.90M | -126.40M |
| Short-Term Debt Issued | 1.20M | 102.10M | ||||
| Long-Term Debt Issued | 698.00M | 300.00M | 1.98B | |||
| Total Debt Issued | 396.90M | 698.00M | 1.20M | 300.00M | 2.08B | |
| Short-Term Debt Repaid | -100.00K | -6.20M | -99.00M | |||
| Long-Term Debt Repaid | -523.50M | -200.80M | -222.10M | -18.80M | -2.77B | |
| Total Debt Repaid | -400.10M | -523.60M | -207.00M | -222.10M | -117.80M | -2.77B |
| Net Debt Issued (Repaid) | -3.20M | 174.40M | -207.00M | -220.90M | 182.20M | -689.10M |
| Repurchase of Common Stock | -40.60M | -97.40M | -5.00M | -2.20M | -2.50M | -103.00M |
| Preferred Dividends Paid | -8.10M | -16.20M | ||||
| Common Dividends Paid | -85.00M | -87.10M | -87.40M | -86.30M | -84.90M | -83.90M |
| Dividends Paid | -85.00M | -87.10M | -87.40M | -86.30M | -93.00M | -100.10M |
| Other Financing Activities | -18.00M | -19.00M | -900.00K | -7.60M | -176.90M | |
| Financing Cash Flow | -146.80M | -29.10M | -300.30M | -309.40M | 79.10M | -1.07B |
| Foreign Exchange Rate Adjustments | -1.10M | -500.00K | -21.70M | -11.70M | -22.80M | 4.90M |
| Net Cash Flow | 2.30M | 19.30M | -6.40M | 18.00M | -33.60M | -1.01B |
| Free Cash Flow | 150.60M | 63.20M | 331.70M | 338.40M | -76.80M | 114.80M |
| Free Cash Flow Margin | 5.04% | 2.14% | 11.49% | 11.43% | -2.52% | 3.80% |
| Free Cash Flow Per Share | 2.18 | 0.88 | 4.56 | 4.67 | -1.10 | 1.67 |
| Levered Free Cash Flow | 194.47M | 102.12M | 405.21M | 352.91M | -113.16M | 852.04M |
| Unlevered Free Cash Flow | 293.48M | 198.56M | 502.52M | 458.35M | -14.16M | 953.16M |
| Cash Interest Paid | 150.80M | 150.80M | 147.20M | 159.60M | 142.60M | 172.70M |
| Cash Income Tax Paid | 64.30M | 64.30M | 87.90M | 62.70M | 54.50M | 65.00M |
| Change in Working Capital | -8.90M | -140.20M | 121.90M | 63.10M | -334.20M | -169.30M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.65B | 1.70B | 2.28B | 2.29B | 1.79B | 2.67B |
| Enterprise Value | 4.91B | 4.99B | 5.45B | 5.58B | 5.32B | 6.06B |
| Last Close Price | 23.15 | 23.39 | 28.66 | 27.79 | 21.06 | 31.57 |
| PE Ratio | 20.55 | 7.11 | 59.85 | 16.30 | 18.45 | |
| Forward PE | 7.25 | 6.94 | 9.04 | 9.56 | 7.83 | 11.68 |
| PS Ratio | 0.54 | 0.57 | 0.79 | 0.77 | 0.59 | 0.88 |
| PB Ratio | 7.80 | 10.00 | 16.79 | 10.87 | 13.72 | 7.51 |
| P/FCF Ratio | 10.75 | 26.89 | 6.87 | 6.77 | 23.26 | |
| P/OCF Ratio | 7.45 | 11.55 | 5.31 | 5.80 | 1,791.34 | 14.86 |
| PEG Ratio | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | |
| EV/Sales Ratio | 1.63 | 1.69 | 1.89 | 1.89 | 1.74 | 2.00 |
| EV/EBITDA Ratio | 10.82 | 7.62 | 9.46 | 9.86 | 9.62 | 9.88 |
| EV/EBIT Ratio | 13.44 | 9.11 | 11.57 | 12.21 | 12.04 | 12.05 |
| EV/FCF Ratio | 32.39 | 79.02 | 16.44 | 16.50 | 52.76 | |
| Debt / Equity Ratio | 16.89 | 20.79 | 24.36 | 16.40 | 27.73 | 10.04 |
| Debt / EBITDA Ratio | 7.15 | 5.18 | 5.53 | 5.88 | 6.31 | 5.61 |
| Debt / FCF Ratio | 22.78 | 55.90 | 9.97 | 10.21 | 31.10 | |
| Net Debt / Equity Ratio | 16.03 | 19.40 | 22.76 | 15.34 | 26.16 | 9.37 |
| Net Debt / EBITDA Ratio | 7.23 | 5.03 | 5.36 | 5.71 | 6.18 | 5.44 |
| Net Debt / FCF Ratio | 21.63 | 52.16 | 9.32 | 9.55 | -44.49 | 29.02 |
| Asset Turnover | 0.67 | 0.66 | 0.65 | 0.65 | 0.64 | 0.56 |
| Inventory Turnover | 2.33 | 2.32 | 2.61 | 2.54 | 2.55 | 2.94 |
| Quick Ratio | 0.90 | 0.98 | 0.87 | 1.07 | 0.98 | 0.63 |
| Current Ratio | 2.07 | 2.11 | 1.80 | 2.12 | 2.28 | 1.52 |
| Return on Equity (ROE) | 42.18% | 156.36% | 21.99% | 82.33% | -95.21% | 48.41% |
| Return on Assets (ROA) | 5.05% | 7.70% | 6.66% | 6.29% | 5.76% | 5.85% |
| Return on Invested Capital (ROIC) | 7.17% | 13.78% | 10.01% | 10.46% | 12.21% | 12.86% |
| Return on Capital Employed (ROCE) | 9.80% | 14.60% | 13.40% | 12.10% | 11.40% | 12.40% |
| Earnings Yield | 4.87% | 14.06% | 1.67% | 6.13% | -12.92% | 6.03% |
| FCF Yield | 9.30% | 3.72% | 14.55% | 14.77% | -4.29% | 4.30% |
| Dividend Yield | 5.03% | 4.82% | 3.78% | 3.75% | 4.77% | 3.00% |
| Payout Ratio | 102.20% | 36.44% | 229.40% | 61.42% | 62.21% | |
| Buyback Yield / Dilution | 5.94% | 0.96% | -0.41% | -3.58% | -1.75% | 1.15% |
| Total Shareholder Return | 11.13% | 5.78% | 3.36% | 0.17% | 3.03% | 4.16% |