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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $3.0B | $565M | $239M | $63M | 140.7% | 2.3% | 527.3% |
| 2024 | $2.9B | $330M | $38M | $332M | 28.1% | -2.5% | -72.9% |
| 2023 | $3.0B | $467M | $141M | $338M | 66.7% | -3.0% | -160.7% |
| 2022 | $3.1B | $-26M | $-232M | $-92M | -177.3% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 3,050.10 | 2,959.70 | 2,887 | 2,952.70 |
| Operating Revenue | - | 3,050.10 | 2,959.70 | 2,887 | 2,952.70 |
| Cost Of Revenue | - | 1,930.60 | 1,835.70 | 1,782.70 | 1,720 |
| Gross Profit | - | 1,119.50 | 1,124 | 1,104.30 | 1,232.70 |
| Operating Expense | - | 717.40 | 724 | 759.80 | 775.40 |
| Research And Development | - | 34.70 | 32.90 | 31.60 | 32.60 |
| Selling General And Administration | - | 621.60 | 631.70 | 670 | 684.10 |
| Total Expenses | - | 2,648 | 2,559.70 | 2,542.50 | 2,495.40 |
| Operating Income | - | 402.10 | 400 | 344.50 | 457.30 |
| EBITDA | - | -25.50 | 467.10 | 330 | 565.10 |
| Normalized EBITDA | - | 527.20 | 533.10 | 471.70 | 584.90 |
| EBIT | - | -147.10 | 344.40 | 209.50 | 438.40 |
| Interest Income | - | 1 | 8.90 | 10.70 | 3.20 |
| Interest Expense | - | 158.40 | 168.70 | 155.70 | 154.30 |
| Net Interest Income | - | -157.40 | -159.80 | -145 | -151.10 |
| Other Non Operating Income Expenses | - | 2.50 | 1.50 | -4 | -2.30 |
| Other Income Expense | - | -550.20 | -64.50 | -145.70 | -22.10 |
| Interest Income Non Operating | - | 1 | 8.90 | 10.70 | 3.20 |
| Interest Expense Non Operating | - | 158.40 | 168.70 | 155.70 | 154.30 |
| Net Non Operating Interest Income Expense | - | -157.40 | -159.80 | -145 | -151.10 |
| Pretax Income | - | -305.50 | 175.70 | 53.80 | 284.10 |
| Tax Provision | - | -74 | 35.20 | 15.70 | 45.10 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -107.78 | -13.20 | -41.38 | -3.15 |
| Net Income Continuous Operations | - | -231.50 | 140.50 | 38.10 | 239 |
| Net Income From Continuing And Discontinued Operation | - | -231.50 | 140.50 | 38.10 | 239 |
| Net Income From Continuing Operation Net Minority Interest | - | -231.50 | 140.50 | 38.10 | 239 |
| Net Income | - | -231.50 | 140.50 | 38.10 | 239 |
| Net Income Common Stockholders | - | -235.50 | 140.50 | 38.10 | 239 |
| Net Income Including Noncontrolling Interests | - | -231.50 | 140.50 | 38.10 | 239 |
| Normalized Income | - | 213.42 | 193.30 | 138.42 | 255.65 |
| Diluted NI Availto Com Stockholders | - | -235.50 | 140.50 | 38.10 | 239 |
| Basic Average Shares | - | 69.90 | 71.50 | 71.80 | 70.90 |
| Diluted Average Shares | - | 69.90 | 72.40 | 72.70 | 72 |
| Reconciled Depreciation | - | 121.60 | 122.70 | 120.50 | 126.70 |
| Reconciled Cost Of Revenue | - | 1,870.10 | 1,772.40 | 1,720.40 | 1,652 |
| Total Unusual Items | - | -552.70 | -66 | -141.70 | -19.80 |
| Total Unusual Items Excluding Goodwill | - | -552.70 | -66 | -141.70 | -19.80 |
| Preferred Stock Dividends | 16.20 | 4 | - | - | - |
| Net Income Discontinuous Operations | 0 | 0 | - | - | - |
| Special Income Charges | - | -544.90 | -48.70 | -108.60 | -18 |
| Other Special Charges | - | 3 | 48.70 | 2.40 | 12.10 |
| Impairment Of Capital Assets | - | 541.90 | 0 | 110.60 | 5.90 |
| Gain On Sale Of Security | - | -7.80 | -17.30 | -33.10 | -1.80 |
| Depreciation Amortization Depletion Income Statement | - | 61.10 | 59.40 | 58.20 | 58.70 |
| Depreciation And Amortization In Income Statement | - | 61.10 | 59.40 | 58.20 | 58.70 |
| General And Administrative Expense | - | 484.50 | 489.40 | 526.30 | 532.40 |
| Other Gand A | - | 484.50 | 489.40 | 526.30 | 532.40 |
| Salaries And Wages | -1.90 | -4.10 | 2.70 | 4 | - |
| Gain On Sale Of Ppe | - | 0 | 0 | 4.40 | 0 |
| Selling And Marketing Expense | - | 137.10 | 142.30 | 143.70 | 151.70 |
| Amortization | - | 61.10 | 59.40 | 58.20 | 58.70 |
| Amortization Of Intangibles Income Statement | - | 61.10 | 59.40 | 58.20 | 58.70 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Energizer Holdings, Inc.this co. | ENR | $1.3B | 5.41β discount | 7.61 | 140.7% | 8.12 |
| NANO Nuclear Energy Inc. | NNE | $1.4B | - | 646.31 | -18.0% | - |
| Frontier Group Holdings, Inc. | ULCC | $1.3B | -9.81 | 2.74 | -27.9% | -191.76 |
| Cadre Holdings, Inc. | CDRE | $1.3B | 29.32 | 4.07 | 13.9% | 16.04 |
| Napco Security Technologies, Inc. | NSSC |
| - |
| - |
| - |
| - |
| - |
| - |
| $1.3B |
| 29.44 |
| 7.58 |
| 25.7% |
| 24.73 |
| Insperity, Inc. | NSP | $1.3B | -182.50 | 27.77 | -15.2% | 16.47 |
| Distribution Solutions Group, Inc. | DSGR | $1.3B | 153.06 | 1.97 | 1.3% | 13.07 |
| ICF International, Inc. | ICFI | $1.2B | 13.60 | 1.21 | 8.9% | 9.01 |
| Heartland Express, Inc. | HTLD | $1.2B | - | 1.62 | -6.9% | 13.29 |
| Peer Median | - | 21.46 | 3.41 | -2.8% | 13.29 | |