ENR

Energizer Holdings, Inc. Information Technology Miscellaneous Electrical Machinery, Equipment & Supplies Russell 3000
$23.15Close $1.8BMarket cap $15.72 – $23.4352-week range Nov 17, 2026Next report

Highlights

Strengths

  • Near its high 1% below its 52-week high

Cautions

  • Trend not confirmed 7 of 8 conditions · RS under 70
  • Earnings shrinking EPS −73% year on year
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Sep 30, 2025 · filed Aug 4, 2026
Off 12-month high 1%
1wk up 2.6% price change
1mo up 8.2% price change
12-month return up 6% market up 11% · its own down 6%
F-score 7 / 9 Strong
Altman Z 1.47 Elevated risk
P/E 7.5× price / earnings
PEG 0.01 P/E / EPS growth
P/B 10.5× price / book
Earnings yield up 8.8% EBIT / enterprise value
Cheaper than 52% of the market · around average
Revenue growth up 2% year on year
EPS growth down 73% latest quarter · -11 pts
Sales growth up 1% latest quarter · +4 pts
ROE up 156% return on equity
Free cash margin up 2% $63.2M FCF
D/E 20.06 long-term debt / equity
Net debt / EBITDA 5.6×
Interest cover 2.8×EBIT / interest
Piotroski tests
  • profits not fully backed by cash
  • took on more long-term debt
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • short-term liquidity improved
  • no new shares issued
  • gross margin widened
  • assets working harder

Repair signals

  • Gross margin 38.3% → 41.7%
  • Revenue reaccelerating (-2% then +2%)

Trade setup

ATR% 3.5% $0.81 a day · 2×ATR $21.54
RS 66 / 99 vs the universe
Trend 7 / 8 RS under 70
Relative volume 1.0× vs 50-day average
Up/down volume 1.19 50 sessions
Implied move — no option chain · report Nov 17, 2026
Trend template · 7 of 8
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

3 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Heavily indebted Net debt is 5.6 times EBITDA — roughly 6 years of earnings before interest, tax and depreciation to repay borrowings in full.
  • Profit not backed by cash Reported profit of $239.0M came with $147.1M of operating cash flow. Profit that cash does not follow is the classic signature of aggressive accounting.
Last reported Aug 4, 2026
Results reaction Aug 4, 2026+5% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $3.0B +2% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $2.7B FY2021 · $3.0B FY2022 · $3.1B FY2023 · $3.0B FY2024 · $2.9B FY2025 · $3.0B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $239.0M +527% on FY2024
-$250M $0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$93.3M FY2021 · $160.9M FY2022 · -$231.5M FY2023 · $140.5M FY2024 · $38.1M FY2025 · $239.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $63.2M -81% on FY2024
-$100M $0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $311.1M FY2021 · $114.8M FY2022 · -$76.8M FY2023 · $338.4M FY2024 · $331.7M FY2025 · $63.2M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 42%
  • Net 8%
  • Free cash 2%
-10% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 39% · Net -3% · Free cash 11% FY2021 · Gross 38% · Net 5% · Free cash 4% FY2022 · Gross 37% · Net -8% · Free cash -3% FY2023 · Gross 38% · Net 5% · Free cash 11% FY2024 · Gross 38% · Net 1% · Free cash 11% FY2025 · Gross 42% · Net 8% · Free cash 2%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $3.2B net debt
  • Cash
  • Long-term debt
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $459.8M · Long-term debt $3.3B FY2021 · Cash $238.9M · Long-term debt $3.3B FY2022 · Cash $205.3M · Long-term debt $3.5B FY2023 · Cash $223.3M · Long-term debt $3.3B FY2024 · Cash $216.9M · Long-term debt $3.2B FY2025 · Cash $236.2M · Long-term debt $3.4B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 77.07m +6.5% since FY2020
77.07m 72.39m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 72.39m FY2021 · 72.39m FY2022 · 77.07m FY2023 · 77.07m FY2024 · 77.07m FY2025 · 77.07m
  FY2020Sep 30, 2020 FY2021Sep 30, 2021 FY2022Sep 30, 2022 FY2023Sep 30, 2023 FY2024Sep 30, 2024 FY2025Sep 30, 2025
Revenue $2.7B $3.0B $3.1B $3.0B $2.9B $3.0B
Gross margin 39% 38% 37% 38% 38% 42%
Net income -$93.3M $160.9M -$231.5M $140.5M $38.1M $239.0M
Net margin -3% 5% -8% 5% 1% 8%
Earnings per share -$1.34 $2.34 -$3.31 $1.94 $0.52 $3.32
Free cash flow $311.1M $114.8M -$76.8M $338.4M $331.7M $63.2M
Free cash margin 11% 4% -3% 11% 11% 2%
Cash $459.8M $238.9M $205.3M $223.3M $216.9M $236.2M
Long-term debt $3.3B $3.3B $3.5B $3.3B $3.2B $3.4B
Shareholders' equity $309.1M $355.7M $130.6M $210.7M $135.8M $169.9M
Shares outstanding 72.39m 72.39m 77.07m 77.07m 77.07m 77.07m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 4, 2026 Quarterly ↗ Jun 30, 2026 35d
May 5, 2026 Quarterly ↗ Mar 31, 2026 35d
Feb 5, 2026 Quarterly ↗ Dec 31, 2025 36d
Nov 18, 2025 Annual ↗ Sep 30, 2025 49d
Aug 4, 2025 Quarterly ↗ Jun 30, 2025 35d
May 6, 2025 Quarterly ↗ Mar 31, 2025 36d
Feb 4, 2025 Quarterly ↗ Dec 31, 2024 35d
Nov 19, 2024 Annual ↗ Sep 30, 2024 50d
Aug 6, 2024 Quarterly ↗ Jun 30, 2024 37d
May 7, 2024 Quarterly ↗ Mar 31, 2024 37d
Feb 6, 2024 Quarterly ↗ Dec 31, 2023 37d
Nov 14, 2023 Annual ↗ Sep 30, 2023 45d

Current reports