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Energizer Holdings, Inc. (ENR) stock

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NYSE: ENR NYSE Household Products Next results ~November 17, 2026

D Fundamentals grade

Energizer Holdings, Inc. is a US-listed company in the household products industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 73% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 73% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Energizer Holdings, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders8 buying, 0 selling46 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds146 adding, 113 cuttingOf 40 active managers that changed their stake, 19 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Energizer Holdings files

Where Energizer stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $2.99bn, up 2.2% on a year earlier, slower than the 2.7% growth a quarter earlier. Free-cash-flow margin held at 5.0%. The diluted share count is down 5.6% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 1 of our 6 financial-health checks.

Our model value for Energizer Holdings is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 4, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 17, 2026 (estimated)

Energizer Holdings, Inc.'s trailing-twelve-month revenue grew 2.2% year on year, with a free-cash-flow margin of 5.0%. Where it stands out: change in share count of -5.6% ranks 3 of 12 household products companies we cover. Where it lags: long-term debt as % of assets of 73.8% ranks 10 of 10 household products companies we cover.

Our discounted-cash-flow model values the business at ~$22 per share in the base case (~$5.0–$45 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 4.7% while net income fell 67.6%: a 63pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 5.6% in a year, so each share owns more of the business.

Things to watch

  • Results due soon. Results are expected around 17 November; the share price can move sharply on the day.
  • Volatile shares. Over the past year the shares showed annualised volatility of 46% and a beta of 0.7 against the S&P 500.
  • Gross margin slipping. Gross margin is down 5.4 points on a year ago.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 73.8% ranks 10 of 10 household products companies we cover (median 31.5%).
  • Heavily shorted. 10.7% of the shares available to trade are sold short (7.8 days of average volume to cover).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed August 4, 2026
Earnings per share
$0.75 against an average estimate of $0.83: missed by 9.2%
Revenue
$734m, up 1.2% on a year earlier
Share reaction
+6.7% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Guidance given
adjusted EPS $1.25 to $1.35 (Q4); expected FY26 Debt Repayment $150m to $200m (FY26)
Next report
November 17, 2026; average EPS estimate $1.30

Energizer Holdings' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.5%
  • 1 week+5.9%
  • 1 month+8.9%
  • This year+27.2%
  • 1 year+10.2%
  • 5 years-21.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$3B
Net margin
2.7%
EPS (TTM, diluted)
$1.18

Growth

Revenue growth
+2.2%
Change in growth rate
−0.5 pts
Share count change
−5.6%

Cash

Free cash flow (TTM)
$151M
FCF margin
5.0%
Stock pay % of revenue
0.9%

Earnings

Last results
August 4, 2026
Next results (est.)
November 17, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance
  3. Dividend
  4. Insider trade
  5. Insider trade
  6. Insider trade
  7. Insider trade

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Energizer Holdings, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 73% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Energizer Holdings, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 7.5%: the 10-year Treasury yield (4.9%) plus a beta of 0.56 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$60 ~$49–$83 Left out: far from the other models (more than 3x away from their median)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$9.6 ~$7.9–$12 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$15 ~$13–$17 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Energizer Holdings, Inc. with Household Products in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$35.62$33.61$43.74$33.41$30.78$31.57$21.06$27.79$28.66$23.39$24.18
Market value$2.2bn$2.1bn$2.7bn$2.2bn$2.1bn$2.2bn$1.5bn$2.0bn$2.1bn$1.7bn$1.7bn
+ Net debt (− = net cash)$709m$614m$466m$3.3bn$3.7bn$3.2bn$3.3bn$3.2bn$3.0bn$3.2bn$3.2bn
Enterprise value$2.9bn$2.7bn$3.2bn$5.5bn$5.9bn$5.3bn$4.8bn$5.2bn$5.1bn$4.9bn$4.8bn
Multiples
Price / sales 1.4x1.2x1.5x0.9x0.8x0.7x0.5x0.7x0.7x0.6x0.6x
Price / earnings 17.4x10.4x28.7x44.0x—13.5x—14.3x54.7x7.0x20.5x
Price / free cash flow 13.5x12.2x13.1x23.8x6.9x18.9x—5.9x6.3x26.6x11.1x
EV / EBITDA ———————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

55 /100

Moderate moat

How hard Energizer Holdings's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 17 / 20

    Cash operating profit has been a median 13.3% of total assets over 10 years.

  • Pricing power 13 / 20

    Gross margin has been a median 39.4%, moving by 3.3 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Net margin has been a median 2.0%; its worst year was -8.2%.

  • Cash conversion 13 / 20

    Free cash flow was positive in 9 of 10 years, at a median 7.3% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 1.4% over five years; stock-based pay has been a median 0.9% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (60 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 17, 2026, before the open. Analysts expect revenue of $794m and EPS of $1.30 (range $1.26 to $1.32) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.30 −6% $3.0bn 0%
Next $3.35 +2% $2.9bn −1%

Next year's EPS estimate has moved −3.9% in 90 days, across 5 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −5.1% on 90 days ago. In the last 30 days, 0 analysts raised Energizer Holdings, Inc.'s forecast and 5 cut it.

Consensus EPS forecast Energizer Holdings, Inc., last 90 days
$3.25 $3.30 $3.35 $3.40 $3.45 $3.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.47 Current fiscal year, 60 days ago: $3.30 Current fiscal year, 30 days ago: $3.30 Current fiscal year, 7 days ago: $3.30 Current fiscal year, Now: $3.30 $3.30 Next fiscal year, 90 days ago: $3.48 Next fiscal year, 60 days ago: $3.38 Next fiscal year, 30 days ago: $3.38 Next fiscal year, 7 days ago: $3.37 Next fiscal year, Now: $3.35 $3.35

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.47$3.48
60 days ago $3.30$3.38
30 days ago $3.30$3.38
7 days ago $3.30$3.37
Now $3.30$3.35

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.83 $0.75 −9.2%
Mar 2026 $0.47 $0.94 +100.3%
Dec 2025 $0.26 $0.31 +19.1%
Sept 2025 $1.16 $1.05 −9.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 4, 2026
  • Adjusted EPS Q4 $1.25 to $1.35 Non-GAAP
    “Q4: $1.25 - $1.35” source
  • Expected FY26 Debt Repayment FY26 $150m to $200m
    “$150-200M expected FY26 debt repayment” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

6 analysts, Nov 2026
Buy117%
Hold583%
Sell00%

Monthly trend

  1. Nov 2026156
  2. Oct 2026156
  3. Sep 2026156

Counts of recommendations published by analysts covering Energizer Holdings, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
10.7%
of tradable shares
Days to cover
7.79
at average volume
Short interest, 1 month
−4%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
12.9%
of shares
Employees
6,050
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +10.8%

$21.83 on October 31, 2025 to $24.18

ThenNowEffect
Revenue (last 12 months) $2.9bn $3.0bn +2.2%
Net margin 8.6% 2.7% −68.3%
P/E multiple 6.3x 20.5x +223.0%
Share count 73m 69m +5.9%

Biggest factor: p/e multiple.

Last 3 years −16.7%

$29.03 on November 3, 2023 to $24.18

ThenNowEffect
Revenue (last 12 months) $2.9bn $3.0bn +1.7%
P/S multiple 0.7x 0.6x −21.0%
Share count 72m 69m +3.7%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
ENR−2%−13%−2%+14%−40%+27%
Industry peers (median)+9%−20%+5%+8%−19%+15%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
ENR42%25%33%58%25%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
ENR−27%−38%−22%−16%−50%−30%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 68% from July 26, 2018 to May 19, 2026. Getting back needed a 207% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$15.72 – $24.18
From 52-week high
0.0%
vs 50-day average
+11.3%
vs 200-day average
+20.7%
Volatility (1 year)
46%
Beta vs S&P 500
0.71

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±8.6%
After a week
4 up, 8 down
typical move ±9.7%
After a month
4 up, 8 down
typical move ±9.7%
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 +6.7% +1.6% +6.0% +0.4%
May 5, 2026 −1.9% +2.2% −8.5% −0.5%
February 5, 2026 +0.1% +0.6% −3.0% −20.8%
November 18, 2025 −23.9% −0.5% −25.3% −13.7%
August 4, 2025 +34.9% +1.0% +26.0% +29.6%
May 6, 2025 −15.3% −0.4% −11.7% −13.7%
February 4, 2025 −4.8% +1.1% −7.5% −9.9%
November 19, 2024 +10.3% +0.4% +12.5% +5.1%
August 6, 2024 +2.5% +0.2% −0.3% +9.1%
May 7, 2024 −0.5% +0.1% +3.9% −1.7%
February 6, 2024 +2.6% +1.1% −3.0% −8.1%
November 14, 2023 +0.1% +2.2% −8.5% −3.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Energizer Holdings, Inc. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Energizer Holdings, Inc.
$2.9B $2.9B $3B $3B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $3B Revenue (TTM), FY24 Q1: $2.9B Revenue (TTM), FY24 Q2: $2.9B Revenue (TTM), FY24 Q3: $2.9B Revenue (TTM), FY24 Q4: $2.9B Revenue (TTM), FY25 Q1: $2.9B Revenue (TTM), FY25 Q2: $2.9B Revenue (TTM), FY25 Q3: $2.9B Revenue (TTM), FY25 Q4: $3B Revenue (TTM), FY26 Q1: $3B Revenue (TTM), FY26 Q2: $3B Revenue (TTM), FY26 Q3: $3B $3B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $3B
FY24 Q1 $2.9B
FY24 Q2 $2.9B
FY24 Q3 $2.9B
FY24 Q4 $2.9B
FY25 Q1 $2.9B
FY25 Q2 $2.9B
FY25 Q3 $2.9B
FY25 Q4 $3B
FY26 Q1 $3B
FY26 Q2 $3B
FY26 Q3 $3B
Revenue growth, TTM YoY Energizer Holdings, Inc.
-4% -2% 0% 2% 4% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -3.0% Revenue growth, TTM YoY, FY24 Q1: -1.9% Revenue growth, TTM YoY, FY24 Q2: -2.6% Revenue growth, TTM YoY, FY24 Q3: -1.6% Revenue growth, TTM YoY, FY24 Q4: -2.5% Revenue growth, TTM YoY, FY25 Q1: -0.3% Revenue growth, TTM YoY, FY25 Q2: 0.4% Revenue growth, TTM YoY, FY25 Q3: 1.1% Revenue growth, TTM YoY, FY25 Q4: 2.3% Revenue growth, TTM YoY, FY26 Q1: 3.4% Revenue growth, TTM YoY, FY26 Q2: 2.7% Revenue growth, TTM YoY, FY26 Q3: 2.2% 2.2%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -3.0%
FY24 Q1 -1.9%
FY24 Q2 -2.6%
FY24 Q3 -1.6%
FY24 Q4 -2.5%
FY25 Q1 -0.3%
FY25 Q2 0.4%
FY25 Q3 1.1%
FY25 Q4 2.3%
FY26 Q1 3.4%
FY26 Q2 2.7%
FY26 Q3 2.2%
FCF margin (TTM) Energizer Holdings, Inc.
0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 11.4% FCF margin (TTM), FY24 Q1: 11.7% FCF margin (TTM), FY24 Q2: 10.7% FCF margin (TTM), FY24 Q3: 9.3% FCF margin (TTM), FY24 Q4: 11.5% FCF margin (TTM), FY25 Q1: 7.6% FCF margin (TTM), FY25 Q2: 6.1% FCF margin (TTM), FY25 Q3: 5.4% FCF margin (TTM), FY25 Q4: 2.1% FCF margin (TTM), FY26 Q1: 4.8% FCF margin (TTM), FY26 Q2: 5.3% FCF margin (TTM), FY26 Q3: 5.0% 5.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 11.4%
FY24 Q1 11.7%
FY24 Q2 10.7%
FY24 Q3 9.3%
FY24 Q4 11.5%
FY25 Q1 7.6%
FY25 Q2 6.1%
FY25 Q3 5.4%
FY25 Q4 2.1%
FY26 Q1 4.8%
FY26 Q2 5.3%
FY26 Q3 5.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2013 Sept 2013 2014 Sept 2014 2015 Sept 2015 2016 Sept 2016 2017 Sept 2017 2018 Sept 2018 2019 Sept 2019 2020 Sept 2020 2021 Sept 2021 2022 Sept 2022 2023 Sept 2023 2024 Sept 2024 2025 Sept 2025 LTM Jun 2026
Income
Revenue 2,012 1,840 1,632 1,634 1,756 1,798 2,495 2,745 3,022 3,050 2,960 2,887 2,953 2,989
Gross profit 902 850 756 712 811 831 1,004 1,082 1,161 1,120 1,124 1,104 1,233 1,100
Net income 115 157 −4 128 202 94 51 −93 161 −232 141 38 239 82
Diluted EPS $1.85 $2.53 −$0.06 $2.04 $3.22 $1.52 $0.58 −$1.58 $2.11 −$3.37 $1.94 $0.52 $3.32 $1.18
Growth (year on year)
Revenue — −8.5% −11.3% +0.2% +7.4% +2.4% +38.8% +10.0% +10.1% +0.9% −3.0% −2.5% +2.3% +2.2%
Net income — +36.9% −102.5% — +57.8% −53.6% −45.3% −282.6% — −243.9% — −72.9% — −67.6%
Diluted EPS — +36.8% −102.4% — +57.8% −52.8% −61.8% −372.4% — −259.7% — −73.2% — −65.7%
Margins
Gross margin 44.8% 46.2% 46.3% 43.6% 46.2% 46.2% 40.2% 39.4% 38.4% 36.7% 38.0% 38.3% 41.7% 36.8%
Net margin 5.7% 8.5% −0.2% 7.8% 11.5% 5.2% 2.0% −3.4% 5.3% −7.6% 4.7% 1.3% 8.1% 2.7%
Free-cash-flow margin 15.5% 10.4% 7.4% 10.1% 9.8% 11.4% 3.8% 11.3% 3.8% −2.5% 11.4% 11.5% 2.1% 5.0%
Cash flow
Cash from operations 330 220 162 194 197 229 150 376 180 1 395 430 147 218
Capital spending 18 28 40 29 25 24 55 65 65 78 57 98 84 67
Free cash flow 312 192 121 165 172 205 94 311 115 −77 338 332 63 151
Stock-based pay 16 13 14 20 24 28 27 25 10 13 22 23 26 26
Free cash flow after stock pay 296 178 108 145 148 176 67 287 105 −90 317 309 38 124
Balance sheet
Cash 78 90 502 287 378 522 259 460 239 205 223 217 236 173
Total debt 0 0 999 996 992 988 3,515 4,191 3,391 3,551 3,376 3,230 3,446 3,327
Net debt (negative = net cash) −78 −90 497 709 614 466 3,257 3,731 3,152 3,346 3,153 3,013 3,210 3,154
Diluted shares 62m 62m 62m 63m 63m 61m 67m 70m 69m 70m 72m 73m 72m 69m
Returned to shareholders
Dividends 0 0 16 63 69 70 83 85 84 85 86 87 87 85
Buybacks — 0 0 32 60 70 45 45 96 0 0 0 90 33
Total returned 0 0 16 95 129 140 128 130 180 85 86 87 177 118

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 6 checks passed · June 30, 2026
What it owns · $4.5bn
Short-term assets $1.6bnLonger-term assets $2.9bn
What it owes, and who funded it · $4.5bn
Short-term liabilities $772mLonger-term liabilities $3.5bnShareholders' equity $203m
  • Short-term assets cover short-term liabilities $1.6bn of assets due within a year against $772m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.6bn short-term assets against $3.5bn of longer-dated liabilities.
  • More cash than debt $173m of cash against $3.3bn of debt.
  • Debt below 40% of shareholders' equity Debt is 1627% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 811% to 1627% over five years.
  • A year's operating cash flow covers at least 20% of debt $218m of operating cash flow against $3.3bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Energizer Holdings, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$32.5M
Dividends (TTM)
$85M
Returned to shareholders
78%
of free cash flow
Buybacks, last 3 fiscal years
$89.7M
Diluted share count
−5.6%
year over year
Total shareholder yield
7.0%
dividends 5.1% + buybacks 1.9% of market value
Dividend payout ratio
104%
of net income paid out
R&D spending
1.0%
of revenue
Sales & admin spending
18.4%
of revenue
Days sales outstanding
45 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in household products
Last 12 months unless stated ENR CENT SPB REYN CHD WDFC Median
Revenue, last 12 months $3.0bn $3.1bn $2.9bn $3.8bn $6.2bn $688m $3.0bn
Revenue growth, last 12 months 2.2% −1.2% 0.8% 2.7% 1.7% 11.0% 1.9%
Revenue growth, 3-year average 0.6% −1.9% −0.6% −0.7% 2.6% 8.6% −0.6%
Revenue growth, latest quarter 1.2% −8.2% 7.7% 0.6% 1.0% 8.1% 1.0%
Gross margin 36.8% 32.5% 39.6% 25.1% 46.1% 55.3% 42.9%
Operating margin — 8.1% 4.0% — 18.0% 15.8% 11.5%
Operating margin, 3-year average — 7.4% 4.6% — 16.0% 16.3% 15.9%
Net margin 2.7% 5.4% 2.8% 9.1% 12.4% 12.0% 7.2%
Cash from operations / revenue 7.3% 12.7% 11.6% 13.3% 19.3% 15.3% 13.0%
Free-cash-flow margin 5.0% 11.2% 10.2% 8.5% 16.9% 14.2% 10.6%
Free-cash-flow margin, 3-year average 6.6% 10.1% −1.2% 10.2% 16.0% 14.2% 11.4%
Stock pay / revenue 0.9% 0.5% 0.8% 0.5% 1.2% 1.1% 0.8%
Change in share count −5.6% −4.5% −12.5% 0.3% −3.3% −0.5% −1.5%

Median of all 12 companies we cover in household products. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

12 household products companies
Measure Company Peer median Rank
Revenue growth Growth 2.2% 2.2% 6 of 12
Change in growth rate Growth -0.5pp -0.1pp 8 of 12
Gross margin Profitability 36.8% 46.1% 8 of 12
Net margin Profitability 2.7% 9.1% 9 of 12
Free-cash-flow margin Cash generation 5.0% 11.0% 9 of 12
Stock pay as % of revenue Cash generation 0.9% 0.8% 7 of 11
Long-term debt as % of assets Balance sheet 73.8% 31.5% 10 of 10
Change in share count Balance sheet -5.6% -1.4% 3 of 12
Days sales outstanding Balance sheet 45 days 45 days 6 of 11

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to September 30, 2025
Products and services
Line of business Revenue Share YoY
Alkaline Batteries $2.2B 76.1% ▲ 4.0%
Auto Care $620M 21.0% ▼ 1.2%
Lights and Licensing $85.3M 2.9% ▼ 13.0%
Geography
Region Revenue Share YoY
United States $1.7B 58.2% ▲ 0.8%
Outside the US $1.2B 41.8% ▲ 4.4%

From Energizer Holdings, Inc.'s 10-K filed November 18, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.5B
Institutions reporting
282
Shares held vs prior quarter
▲ 1.5%
Positions opened / closed
46 / 33

Top buyers and sellers, Q2 2026: 146 institutions bought and 113 sold ; the biggest buyer was Goldman Sachs Group Inc (+1.2M shares) and the biggest seller FMR LLC (−1.3M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $202M 9.4M 13.9% ▲ 2.7%
Vanguard Portfolio Management LLC $98M 4.6M 6.7% ▼ 4.9%
State Street Corp $85.7M 4.0M 5.9% ▲ 4.7%
FMR LLC $84.1M 3.9M 5.8% ▼ 25.3%
LSV Asset Management $75.9M 3.5M 5.2% ▼ 0.7%
Fuller & Thaler Asset Management, Inc. $68.2M 3.2M 4.7% ▼ 2.6%
Goldman Sachs Group Inc $67M 3.1M 4.6% ▲ 61.7%
Vanguard Capital Management LLC $59.2M 2.8M 4.1% ▼ 6.4%
Morgan Stanley $47.5M 2.2M 3.3% ▲ 0.8%
GAMCO Investors, Inc. Et Al $43.5M 2.0M 3.0% ▼ 1.6%
Geode Capital Management, LLC $33.4M 1.6M 2.3% ▲ 4.3%
Dimensional Fund Advisors LP $26.3M 1.2M 1.8% ▲ 7.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Energizer Holdings, Inc.'s complete shareholder register. Values are as reported by the filers ; 4 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $19.4M 46 trades by 8 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $19.4M net buying
Insider Date Trade Shares Price Value
Fundacion Omerinta 10% owner July 24, 2026 Buy 20,000 $21.09 $421,800
Fundacion Omerinta 10% owner July 24, 2026 Buy 20,000 $20.93 $418,600
Fundacion Omerinta 10% owner July 23, 2026 Buy 20,000 $20.08 $401,600
Fundacion Omerinta 10% owner July 23, 2026 Buy 20,000 $20.37 $407,400
Fundacion Omerinta 10% owner July 23, 2026 Buy 20,000 $20.29 $405,800
Fundacion Barniz 10% owner July 22, 2026 Buy 20,000 $20.96 $419,200
Fundacion Barniz 10% owner July 22, 2026 Buy 20,000 $20.62 $412,400
Fundacion Barniz 10% owner July 22, 2026 Buy 20,000 $20.67 $413,400
Fundacion Barniz 10% owner July 21, 2026 Buy 20,000 $19.67 $393,400
Fundacion Barniz 10% owner July 21, 2026 Buy 20,000 $19.84 $396,800
Fundacion Barniz 10% owner July 21, 2026 Buy 20,000 $19.77 $395,400
Durango Capital, Ltd. 10% owner July 20, 2026 Buy 20,000 $19.94 $398,800

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 4 trades and filings

No trades in Energizer Holdings, Inc. disclosed in the last 12 months; 4 earlier trades on record.

  • Susie Lee(D-NV 3):Sale (full), $1,001 - $15,000, traded September 18, 2020, filed October 24, 2020
  • Carol D. Miller(R-WV 3):Sale (full), $1,001 - $15,000, traded July 28, 2020, filed September 14, 2020
  • Susie Lee(D-NV 3):Purchase, $1,001 - $15,000, traded April 27, 2020, filed June 15, 2020

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 17, 2026 estimated from the company's past filing pattern, not announced

  • August 4, 2026
  • May 5, 2026
  • February 5, 2026
  • November 18, 2025
  • August 4, 2025
  • May 6, 2025

Recent SEC filings

Data status

When each part of this page on Energizer Holdings, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Energizer Holdings, Inc. in brief

What does Energizer Holdings, Inc. do?
Energizer Holdings, Inc. is a US-listed company in the household products industry. Its financial year ends in September.
What is Energizer Holdings, Inc.'s stock ticker?
Energizer Holdings, Inc. trades under the ticker ENR on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Energizer Holdings, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Energizer Holdings, Inc. reported revenue of $3B, 2.2% higher than a year earlier, according to its SEC filings.
What is Energizer Holdings, Inc.'s free cash flow?
Energizer Holdings, Inc.'s free-cash-flow margin is 5.0% of revenue over the trailing twelve months, ranking 9 of the 12 household products companies we cover.
Who are Energizer Holdings, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and State Street Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Energizer Holdings, Inc. buying back stock, and does it pay a dividend?
Energizer Holdings, Inc. spent $32.5M on share repurchases over the trailing twelve months, and its diluted share count fell 5.6% over the year.
What is Energizer Holdings, Inc.'s market cap?
On November 2, 2026, Energizer Holdings, Inc.'s market capitalisation was about $1.7B, with a price-to-earnings ratio of 20.5 and net debt of $3.2B. Market figures come from third-party market data and may be delayed.
Does Energizer Holdings, Inc. pay a dividend?
Yes: Energizer Holdings, Inc. paid $85M in dividends over the trailing twelve months, a dividend yield of 5.08% and a payout ratio of 104.3%.
How much debt does Energizer Holdings, Inc. have?
Energizer Holdings, Inc.'s debt-to-equity ratio is 1626.5%, from its latest balance sheet (810.5% five years earlier). The financial health section below sets out its other solvency checks.
Who are Energizer Holdings, Inc.'s competitors?
In our Household Products peer group, the companies closest to Energizer Holdings, Inc. are Central Garden & PET Co, Spectrum Brands Holdings, Inc., Reynolds Consumer Products Inc., Church & Dwight and WD 40 Co. The side-by-side comparison below sets their revenue, margins and growth against Energizer Holdings, Inc.'s.
Are insiders buying or selling Energizer Holdings, Inc. stock?
Over the last 12 months, Energizer Holdings, Inc.'s directors and officers reported 46 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Energizer Holdings, Inc.'s next earnings date?
Around November 17, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Energizer Holdings, Inc. announces its own schedule.