13 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 1.5% per year over the past 5 years.
Free cash flow has declined 27.3% per year over the past 5 years.
Financial health
Total debt ($3.4B) exceeds cash ($236M); net debt is $3.2B.
Total debt has grown slower than revenue (-3.8% vs 1.5% per year).
Shareholder returns
Dividends have been paid for 11 consecutive years, consuming 36.4% of earnings and 137.8% of free cash flow.
The dividend has grown 0.4% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$3.0B
$239M
41.7%
0.0%
$63M
$3.4B
$236M
2024
$2.9B
$38M
38.3%
0.0%
$332M
$3.2B
$217M
2023
$3.0B
$141M
38.0%
0.0%
$338M
$3.4B
$223M
2022
$3.1B
-$232M
36.7%
0.0%
-$77M
$3.6B
$205M
2021
$3.0B
$161M
38.4%
0.0%
$115M
$3.4B
$239M
2020
$2.7B
-$93M
39.4%
0.0%
$311M
$4.2B
$460M
2019
$2.5B
$51M
40.2%
0.0%
—
$3.5B
$259M
2018
$1.8B
$94M
46.2%
0.0%
—
$988M
$522M
2017
$1.8B
$202M
46.2%
0.0%
—
$992M
$378M
2016
—
$128M
—
—
—
$996M
$287M
2015
—
-$4M
—
—
—
$999M
$502M
2014
—
$157M
—
—
—
$0
$90M
2013
—
$115M
—
—
—
—
$78M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$643M
$10M
40.2%
0.0%
-$19M
$3.3B
$173M
Dec '25
$779M
-$3M
32.9%
0.0%
$124M
$3.3B
$215M
Sep '25
$833M
$35M
36.6%
0.0%
$47M
$3.4B
$236M
Jun '25
$725M
$154M
55.1%
0.0%
$8M
$3.2B
$171M
Mar '25
$663M
$28M
39.1%
0.0%
-$34M
$3.2B
$139M
Dec '24
$732M
$22M
36.8%
0.0%
$42M
$3.1B
$196M
Sep '24
$806M
$48M
38.1%
0.0%
$142M
$3.2B
$217M
Jun '24
$701M
-$44M
39.5%
0.0%
$27M
$3.2B
$147M
Mar '24
$663M
$32M
38.2%
0.0%
$10M
$3.2B
$158M
Dec '23
$717M
$2M
37.3%
0.0%
$153M
$3.3B
$242M
Sep '23
$811M
$20M
37.9%
0.0%
$78M
$3.4B
$223M
Jun '23
$699M
$32M
37.9%
0.0%
$69M
$3.4B
$202M
Mar '23
$684M
$40M
37.0%
0.0%
$40M
$3.4B
$194M
Dec '22
$765M
$49M
39.0%
0.0%
$152M
$3.5B
$280M
Sep '22
$790M
-$363M
36.1%
0.0%
$95M
$3.6B
$205M
Jun '22
$728M
$52M
39.0%
0.0%
-$17M
$3.6B
$200M
Mar '22
$685M
$19M
34.8%
0.0%
-$76M
$3.6B
$213M
Dec '21
$846M
$60M
36.8%
0.0%
-$79M
$3.3B
$221M
Sep '21
$766M
$83M
36.5%
0.0%
$140M
$3.4B
$239M
Jun '21
$722M
$21M
37.9%
0.0%
—
$3.4B
$208M
Valuation over time
How the market has priced ENR against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 15.4× (Oct '23) to 6.4× (Jun '26).
The price-to-sales ratio has fallen from 0.8× (Mar '23) to 0.5× (Jun '26).
The dividend yield has risen from 3.6% (Mar '23) to 5.7% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is ENR growing its revenue and profit?
Over the past 5 years, Energizer Holdings, Inc.'s revenue has grown 1.5% per year. These are computed facts, not advice.
How much debt does ENR have?
As of FY2025, Energizer Holdings, Inc. reported $3.4B of total debt against $236M of cash.
What is ENR's profit margin?
In FY2025, gross margin was 41.7%, operating margin —, and net margin 8.1%.
What is ENR's P/E ratio?
As of Jun '26, Energizer Holdings, Inc. traded at a price-to-earnings ratio of about 6.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.