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
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2025
$3.0B
$239M
41.7%
0.0%
140.7%
5.2%
$63M
$3.4B
$236M
2024
$2.9B
$38M
38.3%
0.0%
28.1%
0.9%
$332M
$3.2B
$217M
2023
$3.0B
$141M
38.0%
0.0%
66.7%
3.1%
$338M
$3.4B
$223M
2022
$3.1B
-$232M
36.7%
0.0%
-177.3%
-5.1%
-$77M
$3.6B
$205M
2021
$3.0B
$161M
38.4%
0.0%
45.2%
3.2%
$115M
$3.4B
$239M
2020
$2.7B
-$93M
39.4%
0.0%
-30.2%
-1.6%
$311M
$4.2B
$460M
2019
$2.5B
$51M
40.2%
0.0%
9.4%
0.9%
—
$3.5B
$259M
2018
$1.8B
$94M
46.2%
0.0%
381.6%
2.9%
—
$988M
$522M
2017
$1.8B
$202M
46.2%
0.0%
236.8%
11.0%
—
$992M
$378M
2016
—
$128M
—
—
-425.7%
7.4%
—
$996M
$287M
2015
—
-$4M
—
—
6.7%
-0.2%
—
$999M
$502M
2014
—
$157M
—
—
21.7%
13.2%
—
$0
$90M
2013
—
$115M
—
—
15.6%
—
—
—
$78M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Jun '26
$734M
$40M
38.2%
0.0%
19.6%
0.9%
-$900000
$3.3B
$173M
Mar '26
$643M
$10M
40.2%
0.0%
5.8%
0.2%
-$19M
$3.3B
$173M
Dec '25
$779M
-$3M
32.9%
0.0%
-2.4%
-0.1%
$124M
$3.3B
$215M
Sep '25
$833M
$35M
36.6%
0.0%
20.5%
0.8%
$47M
$3.4B
$236M
Jun '25
$725M
$154M
55.1%
0.0%
83.8%
3.4%
$8M
$3.2B
$171M
Mar '25
$663M
$28M
39.1%
0.0%
21.1%
0.7%
-$34M
$3.2B
$139M
Dec '24
$732M
$22M
36.8%
0.0%
15.9%
0.5%
$42M
$3.1B
$196M
Sep '24
$806M
$48M
38.1%
0.0%
35.1%
1.1%
$142M
$3.2B
$217M
Jun '24
$701M
-$44M
39.5%
0.0%
-35.5%
-1.0%
$27M
$3.2B
$147M
Mar '24
$663M
$32M
38.2%
0.0%
16.9%
0.8%
$10M
$3.2B
$158M
Dec '23
$717M
$2M
37.3%
0.0%
1.1%
0.0%
$153M
$3.3B
$242M
Sep '23
$811M
$20M
37.9%
0.0%
9.3%
0.4%
$78M
$3.4B
$223M
Jun '23
$699M
$32M
37.9%
0.0%
19.1%
0.7%
$69M
$3.4B
$202M
Mar '23
$684M
$40M
37.0%
0.0%
27.0%
0.9%
$40M
$3.4B
$194M
Dec '22
$765M
$49M
39.0%
0.0%
37.5%
1.1%
$152M
$3.5B
$280M
Sep '22
$790M
-$363M
36.1%
0.0%
-277.9%
-7.9%
$95M
$3.6B
$205M
Jun '22
$728M
$52M
39.0%
0.0%
10.5%
1.0%
-$17M
$3.6B
$200M
Mar '22
$685M
$19M
34.8%
0.0%
4.1%
0.4%
-$76M
$3.6B
$213M
Dec '21
$846M
$60M
36.8%
0.0%
14.7%
1.2%
-$79M
$3.3B
$221M
Sep '21
$766M
$83M
36.5%
0.0%
23.4%
1.7%
$140M
$3.4B
$239M
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 6.9× (Nov '26).
The price-to-sales ratio has fallen from 0.8× (Mar '23) to 0.6× (Nov '26).
The dividend yield has risen from 3.6% (Mar '23) to 5.3% (Nov '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?
Energizer Holdings, Inc.'s P/E (TTM) is 20.31 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the ENR stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 6.9× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.