ENR · Energizer Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.95B | $2.89B | $2.96B | $3.05B | $3.02B | $2.74B |
| Cost of Revenue | $1.72B | $1.78B | $1.84B | $1.93B | $1.86B | $1.66B |
| Gross Profit | $1.23B | $1.10B | $1.12B | $1.12B | $1.16B | $1.08B |
| R&D | $32.60M | $31.60M | $32.90M | $34.70M | $34.50M | $35.40M |
| SG&A | $532.40M | $526.30M | $489.40M | $484.50M | $487.20M | $483.30M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $126.70M | $120.50M | $122.70M | $121.60M | $118.50M | $111.90M |
| Operating Income | $284.10M | $53.80M | $175.70M | ($305.50M) | $67.70M | $67.70M |
| Interest Expense | $154.30M | $155.70M | $168.70M | $158.40M | $161.80M | $195.00M |
| Income Tax | $45.10M | $15.70M | $35.20M | ($74.00M) | ($6.70M) | $20.90M |
| Net Income | $239.00M | $38.10M | $140.50M | ($231.50M) | $160.90M | ($93.30M) |
| EPS - Basic | $3.37 | $0.53 | $1.97 | ($3.37) | $2.12 | ($1.59) |
| EPS - Diluted | $3.32 | $0.52 | $1.94 | ($3.37) | $2.11 | ($1.58) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $236.20M | $216.90M | $223.30M | $205.30M | $238.90M | $459.80M |
| Accounts Receivable | $404.20M | $441.30M | $511.60M | $421.70M | $292.90M | $292.00M |
| Inventory | $781.20M | $657.30M | $649.70M | $771.60M | $728.30M | $511.30M |
| Accounts Payable | $402.20M | $433.10M | $370.80M | $329.40M | $454.80M | $378.10M |
| Current Assets | $1.68B | $1.48B | $1.56B | $1.59B | $1.44B | $2.21B |
| Total Assets | $4.56B | $4.34B | $4.51B | $4.57B | $5.01B | $5.73B |
| Current Liabilities | $795.00M | $819.80M | $734.20M | $697.90M | $946.40M | $1.65B |
| Long-term Debt | $3.41B | $3.19B | $3.33B | $3.50B | $3.33B | $3.31B |
| Total Liabilities | $4.39B | $4.21B | $4.30B | $4.44B | $4.65B | $5.42B |
| Stockholders' Equity | $169.90M | $135.80M | $210.70M | $130.60M | $355.70M | $309.10M |
| Retained Earnings | $87.00M | ($128.40M) | ($164.80M) | ($304.70M) | ($5.00M) | ($66.20M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $147.10M | $429.60M | $395.20M | $1.00M | $179.70M | $376.40M |
| Investing Cash Flow | ($98.20M) | ($114.00M) | ($56.10M) | ($90.90M) | ($126.40M) | $216.90M |
| Financing Cash Flow | ($29.10M) | ($300.30M) | ($309.40M) | $79.10M | ($1.07B) | $393.10M |
| CapEx | $83.90M | $97.90M | $56.80M | $65.30M | $64.90M | $65.30M |
| Free Cash Flow | $63.20M | $331.70M | $338.40M | ($64.30M) | $114.80M | $311.10M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 41.7% | 38.3% | 38.0% | 36.7% | 38.4% | 39.4% |
| Operating margin | 9.6% | 1.9% | 5.9% | -10.0% | 2.2% | 2.5% |
| EBITDA margin | 13.9% | 6.0% | 10.1% | -6.0% | 6.2% | 6.5% |
| Net margin | 8.1% | 1.3% | 4.7% | -7.6% | 5.3% | -3.4% |
| Free cash flow margin | 2.1% | 11.5% | 11.4% | -2.1% | 3.8% | 11.3% |
| FCF / Net income | 0.26 | 8.71 | 2.41 | 0.28 | 0.71 | -3.33 |
| R&D / Revenue | 1.1% | 1.1% | 1.1% | 1.1% | 1.1% | 1.3% |
| SG&A / Revenue | 18.0% | 18.2% | 16.5% | 15.9% | 16.1% | 17.6% |
| Effective tax rate | 15.9% | 29.2% | 20.0% | - | -4.3% | - |
| Return on assets | 5.2% | 0.9% | 3.1% | -5.1% | 3.2% | -1.6% |
| Return on equity | 140.7% | 28.1% | 66.7% | -177.3% | 45.2% | -30.2% |
| Return on invested capital | 6.7% | 1.1% | 4.0% | -6.6% | 1.8% | 1.5% |
| Liquidity | ||||||
| Current ratio | 2.11 | 1.80 | 2.12 | 2.28 | 1.52 | 1.34 |
| Quick ratio | 1.13 | 1.00 | 1.24 | 1.17 | 0.75 | 1.03 |
| Cash ratio | 0.30 | 0.26 | 0.30 | 0.29 | 0.25 | 0.28 |
| Leverage | ||||||
| Debt / Equity | 20.06 | 23.51 | 15.81 | 26.79 | 9.37 | 10.70 |
| Debt / Assets | 0.75 | 0.74 | 0.74 | 0.77 | 0.67 | 0.58 |
| Debt / EBITDA | 8.30 | 18.32 | 11.17 | - | 17.90 | 18.41 |
| Interest coverage | 1.8x | 0.3x | 1.0x | -1.9x | 0.4x | 0.3x |
| Equity multiplier | 26.82 | 31.98 | 21.40 | 35.01 | 14.08 | 18.53 |
| Liabilities / Assets | 0.96 | 0.97 | 0.95 | 0.97 | 0.93 | 0.95 |
| Efficiency | ||||||
| Asset turnover | 0.65 | 0.66 | 0.66 | 0.67 | 0.60 | 0.48 |
| Inventory turnover | 2.20 | 2.71 | 2.83 | 2.50 | 2.55 | 3.25 |
| Days sales outstanding | 50d | 56d | 63d | 50d | 35d | 39d |
| Days inventory outstanding | 166d | 135d | 129d | 146d | 143d | 112d |
| Days payable outstanding | 85d | 89d | 74d | 62d | 89d | 83d |
| Cash conversion cycle | 130d | 102d | 119d | 134d | 89d | 68d |
| Valuation | ||||||
| P / E | 7.5x | 61.1x | 16.5x | - | 18.5x | - |
| P / B | 10.5x | 17.0x | 11.0x | 13.5x | 7.5x | 8.8x |
| P / S | 0.6x | 0.8x | 0.8x | 0.6x | 0.9x | 1.0x |
| EV / EBITDA | 12.1x | 30.3x | 18.2x | - | 31.0x | 31.0x |
| Growth | ||||||
| Revenue growth (YoY) | 2.3% | -2.5% | -3.0% | 0.9% | 10.1% | 10.0% |
| Revenue CAGR (3y) | -1.1% | -1.5% | 2.5% | 6.9% | 18.9% | 16.1% |
| Revenue CAGR (5y) | 1.5% | 3.0% | 10.5% | 11.7% | 13.1% | 6.4% |
| Gross profit growth (YoY) | 11.6% | -1.8% | 0.4% | -3.6% | 7.3% | 7.8% |
| Operating income growth (YoY) | 428.1% | -69.4% | - | - | 0.0% | -7.4% |
| Net income growth (YoY) | 527.3% | -72.9% | - | - | - | - |
| EPS growth (YoY) | 538.5% | -73.2% | - | - | - | - |
| EPS CAGR (3y) | - | -37.3% | - | - | 11.6% | - |
| EPS CAGR (5y) | - | -2.2% | 5.0% | - | 0.7% | - |
| FCF growth (YoY) | -80.9% | -2.0% | - | - | -63.1% | 229.6% |
| FCF CAGR (5y) | -27.3% | 28.6% | 10.6% | - | -7.0% | -0.0% |
| Book value growth (YoY) | 25.1% | -35.5% | 61.3% | -63.3% | 15.1% | -43.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Business segments
$4.60B totalBatteries And Lights$2.33B · 50.7%
North America Segment$1.65B · 35.8%
Auto Care$620.00M · 13.5%
Product / service
$2.95B totalAlkaline Batteries$2.25B · 76.1%
Auto Care$620.00M · 21.0%
Lightsand Licensing$85.30M · 2.9%
Geographic
$2.95B totalUS$1.72B · 58.2%
Non Us$1.23B · 41.8%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.01
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Miscellaneous Electrical Machinery, Equipment & Supplies
Comparing ENERGIZER HOLDINGS against the 5 most active filers in the same SIC group.
Dividends
$1.20/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 20, 2026 | $0.3000 |
| Feb 18, 2026 | $0.3000 |
| Nov 25, 2025 | $0.3000 |
| Aug 21, 2025 | $0.3000 |
| May 21, 2025 | $0.3000 |
| Feb 20, 2025 | $0.3000 |
| Nov 27, 2024 | $0.3000 |
| Aug 22, 2024 | $0.3000 |
| May 21, 2024 | $0.3000 |
| Feb 20, 2024 | $0.3000 |
| Nov 28, 2023 | $0.3000 |
| Aug 21, 2023 | $0.3000 |
| May 19, 2023 | $0.3000 |
| Feb 17, 2023 | $0.3000 |
| Nov 25, 2022 | $0.3000 |
| Aug 22, 2022 | $0.3000 |
| May 24, 2022 | $0.3000 |
| Feb 18, 2022 | $0.3000 |
| Nov 29, 2021 | $0.3000 |
| Aug 23, 2021 | $0.3000 |
| May 21, 2021 | $0.3000 |
| Feb 18, 2021 | $0.3000 |
| Nov 27, 2020 | $0.3000 |
| Aug 19, 2020 | $0.3000 |