Energizer Holdings, Inc. (ENR) Stock Analysis
Industrials · Electrical Equipment & Parts · NYSE
Energizer Holdings, Inc. (ENR) posted $2.95B in revenue for fiscal 2025 (up 2.3% year over year), at a 8.1% net margin, and has compounded revenue about 1.5%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Energizer Holdings, Inc.
Energizer Holdings, Inc. has grown revenue from $1.63B to $2.95B over the last 10 fiscal years, compounding about 1.5% a year. The most recent year was up 2.3%, roughly in line with its longer-run pace.
Net margin sits at 8.1%, up 6.8 points year over year on a 41.7% gross margin. It carries about $3.45B of total debt.
At today's valuation the market is pricing in roughly 8.4% annual free-cash-flow growth — versus the -27.3% it actually delivered over the last five years, so the price already assumes a step-up from the recent record. The one thing worth a second look in the filings is heavy debt load.
Synthesised from Energizer Holdings, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Energizer Holdings, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63B | $1.76B | $1.80B | $2.49B | $2.74B | $3.02B | $3.05B | $2.96B | $2.89B | $2.95B |
| Gross profit | $712.40M | $811.30M | $830.90M | $1.00B | $1.08B | $1.16B | $1.12B | $1.12B | $1.10B | $1.23B |
| Net income | $127.70M | $201.50M | $93.50M | $51.10M | $-93.30M | $160.90M | $-231.50M | $140.50M | $38.10M | $239.00M |
| Net margin | 7.8% | 11.5% | 5.2% | 2.0% | -3.4% | 5.3% | -7.6% | 4.7% | 1.3% | 8.1% |
Source: Energizer Holdings, Inc. SEC filings (10-K). 13 years of history available in the interactive view.
Energizer Holdings, Inc.: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Heavy debt loadTotal debt of $3466.1M is 23.6× last year's operating cash flow — it would take years of cash flow to clear.
What growth is priced into ENR stock?
At today's market cap of $1.33B, Energizer Holdings, Inc. is priced for free-cash-flow growth of about 8.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $63.20M from the FY ending 2025-09-30). For comparison, free cash flow actually grew -27.3%/yr over the last five fiscal years and revenue 1.5%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 13 years of Energizer Holdings, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Energizer Holdings, Inc. financial history by metric
Compare Energizer Holdings, Inc. with peers
About Energizer Holdings, Inc.
Energizer Holdings, Inc., together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers household batteries, including primary, rechargeable, specialty, and hearing aid under the Energizer, Eveready, Rayovac, and Varta brands; and protectants, wipes, tire and wheel care products, glass cleaners, leather care products, air fresheners, and washes under the Armor All, Nu Finish, Refresh Your Car!, LEXOL, Eagle One, NEVR-DULL, California Scents, Driven, Bahama & Co, Carnu, Grand Prix, Kit, Tempo, and Centralsul brands. The company also provides fuel and oil additives, functional fluids, and other performance chemical products under the STP brand; automotive air conditioning recharge products, other refrigerant and recharge kits, sealants, and accessories under the A/C PRO brand name. In addition, it distributes and markets lighting products comprising handheld, headlights, lanterns, and area lights; flashlights under the Hard Case, Dolphin, and WeatherReady brands; and licenses brands to developing consumer solutions in solar, automotive batteries, portable power for critical devices, generators, power tools, household light bulbs, and other lighting products. The company sells its products through direct sales force, distributors, and wholesalers, as well as retail locations, mass merchandisers and warehouse clubs, food, drug and convenience stores, electronics specialty stores and department stores, hardware and automotive centers, e-commerce, and military stores. Energizer Holdings, Inc. was incorporated in 2015 and is headquartered in Saint Louis, Missouri.
Energizer Holdings, Inc. — frequently asked questions
What is Energizer Holdings, Inc.'s revenue?
Energizer Holdings, Inc. (ENR) reported revenue of $2.95B for fiscal year 2025, up 2.3% from the prior year, according to its SEC filings.
Is Energizer Holdings, Inc. profitable?
Yes. ENR earned net income of $239.00M in fiscal 2025, a net margin of 8.1%.
What is ENR's P/E ratio?
Energizer Holdings, Inc. trades at a price-to-earnings ratio of about 7.1 based on the latest data in our nightly-refreshed cache.
How fast is Energizer Holdings, Inc. growing?
ENR's revenue grew at roughly 1.5% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Energizer Holdings, Inc. have?
As of fiscal year 2025, ENR carried roughly $3.45B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Energizer Holdings, Inc.'s gross margin?
ENR's gross margin was 41.7% in fiscal 2025 — gross profit of $1.23B on revenue of $2.95B.
What is Energizer Holdings, Inc.'s market cap?
Energizer Holdings, Inc. (ENR) has a market capitalization of about $1.33B, based on the latest data in our nightly-refreshed cache.
When does Energizer Holdings, Inc.'s fiscal year end?
ENR's fiscal year ends in September. Its most recent annual filing covers the fiscal year ending 2025-09-30.
What growth is priced into ENR stock?
At today's market cap of $1.33B, Energizer Holdings, Inc. is priced for free-cash-flow growth of about 8.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $63.20M from the FY ending 2025-09-30). For comparison, free cash flow actually grew -27.3%/yr over the last five fiscal years and revenue 1.5%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Energizer Holdings, Inc.'s official SEC filings (10-K and 10-Q), covering 13 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.