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Makes Energizer and Eveready batteries plus auto-care products such as Armor All, STP and Rain-X.
Makes Energizer and Eveready batteries plus auto-care products such as Armor All, STP and Rain-X.
Sells through mass retailers, grocery and auto-parts chains, with batteries the larger line. The 2019 purchase of Spectrum Brands' Rayovac and VARTA battery businesses added two more battery brands, and the company was spun off from Edgewell, the razor and sun-care maker, in 2015.
Moat: narrow (brand, distribution, scale). Long-standing #2 global battery brand with broad retail shelf presence.
Headquarters: St. Louis, Missouri, United States · Founded: 2000 · Employees: 6,050
Size Energizer (ENR) is a United States Consumer Staples company (Household/Personal Care) with a market value of $1.63B, the 1932nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $23.84 on 6 Nov 2026.
Performance Over six months the shares gained 26.4%, against -3.2% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 2.2% over the last twelve months (peer median +7.0%); the operating margin is 15.7% (peer median 9.2%).
Valuation It trades at 7.2× forward earnings against a peer median of 20.3× (cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.2 points above its cost of capital (6.6% WACC).
Credit Energizer has 1 bond outstanding ($400M), rated B by the agencies and trading like BB- at a weighted spread of 253 bp.
Short interest Short interest is 10.5% of the free float (15 Oct 2026).
Next results Next results expected around 17 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $2.99B | $2.95B | $2.89B | $2.96B | $3.05B |
| Revenue growth | — | +2% | -2% | -3% | — |
| Gross profit | $1.15B | $1.20B | $1.10B | $1.09B | $1.06B |
| EBITDA | $594M | $653M | $570M | $578M | $545M |
| Net income | $81.5M | $239M | $38.1M | $140M | -$232M |
| Free cash flow | $149M | $63.2M | $332M | $338M | -$91.5M |
| Capital expenditure | $66.9M | $83.9M | $97.9M | $56.8M | $92.5M |
| Total debt | $3.43B | $3.53B | $3.31B | $3.45B | $3.62B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Energizer ENR | $1.63B | +26% | +2% | 16% | 7.2× | -5.2% |
| Spectrum Brands SPB | $1.99B | +6% | +1% | 9% | 17.1× | -2.5% |
| Panasonic 6752.T | $44.5B | -6% | +4% | 8% | 13.5× | 9.8% |
| Clorox CLX | $12.1B | +8% | +6% | 14% | 17.4× | 2.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ENR | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +11.2% | +1.6% | 4th highest of 21 |
| 6-month return | +26.4% | -3.2% | 3rd highest of 21 |
| Distance from 52-week high | -7.7% | -31.5% | 5th highest of 21 |
| Revenue growth (TTM) | +2.2% | +7.0% | 8th lowest of 21 |
| Operating margin | 15.7% | 9.2% | 7th highest of 21 |
| Forward P/E | 7.2× | 20.3× | cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -5.2% | 4.5% | 3rd least demanding of 17 |
| Growth delivered (Del g) | +1.5% | +9.5% | 4th lowest of 17 |
| Hurdle (Req g minus delivered) | -6.6 pp | -5.2 pp | 9th least demanding of 17 |
| ROIC minus cost of capital | +4.2 pp | +6.5 pp | 9th lowest of 21 |
| EV / EBITDA | 8.2× | 11.3× | cheapest of 14 |
| Net debt / EBITDA | 5.5× | -1.1× | most indebted of 15 |
| Bond spread | 253 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Energizer ENR | United States | $1.63B | +26% | +2% | 16% | 7.2× | -5.2% | +1.5% |
| Pigeon 7956.T | Japan | $1.66B | +30% | +7% | 13% | 26.3× | -1.3% | +1.9% |
| Harbin Fuerjia Technology 301371.SZ | China | $1.58B | -30% | +28% | 20% | 22.5× | 8.7% | +3.6% |
| AMOREPACIFIC 002790.KS | South Korea | $1.55B | -3% | +9% | 9% | 8.4× | -17.9% | -1.3% |
| Shanghai Jahwa United 600315.SS | China | $1.74B | -13% | +9% | 2% | 18.1× | 17.1% | -2.1% |
| Intercos ICOS.MI | Italy | $1.50B | +16% | -5% | 9% | 19.5× | 4.5% | +11.5% |
| Chongqing Baiya Sanitary Products 003006.SZ | China | $1.49B | +25% | 0% | 3% | 41.2× | 30.6% | +22.8% |
| Emami EMAMILTD.NS | India | $1.80B | -15% | +3% | 20% | 21.4× | 21.7% | +5.6% |
| Guangdong Marubi Biotechnology 603983.SS | China | $1.45B | -4% | -6% | 2% | 37.0× | n/a | n/a |
| Yunnan Botanee Bio-Technology 300957.SZ | China | $1.84B | -28% | +7% | 9% | 21.2× | 4.5% | +15.3% |
| Blue Moon 6993.HK | Hong Kong | $1.88B | -15% | -2% | -2% | 93.6× | n/a | n/a |
| Kolmar Korea 161890.KS | South Korea | $1.89B | +23% | +13% | 10% | 13.0× | -0.9% | +15.5% |
| Pola Orbis 4927.T | Japan | $1.96B | +8% | +1% | 10% | 28.8× | -3.1% | -0.7% |
| d'Alba Global 483650.KS | South Korea | $1.32B | -37% | +55% | 21% | 13.6× | -2.2% | +53.0% |
| Edgewell Personal Care EPC | United States | $1.29B | +32% | -7% | 6% | 12.4× | 4.1% | +2.7% |
| Cosmax 192820.KS | South Korea | $2.13B | +21% | +16% | 8% | 16.6× | n/a | n/a |
| KOSE 4922.T | Japan | $2.16B | +7% | +3% | 4% | 27.2× | n/a | n/a |
| Shanghai Chicmax Cosmetics 2145.HK | Hong Kong | $1.22B | -52% | +23% | 8% | 15.0× | -5.9% | +21.2% |
| Softcare 2698.HK | Hong Kong | $2.20B | -5% | +25% | 25% | 14.4× | 8.7% | +20.9% |
| Procter & Gamble Hygiene & Health Care PGHH.NS | India | $2.40B | -29% | -2% | 24% | 27.3× | 15.4% | +7.4% |
| Shanghai Forest Cabin Cosmetics 2657.HK | Hong Kong | $1.06B | 0% | +74% | 18% | 12.1× | 11.5% | +49.0% |
Energizer has 1 bond outstanding with $400M face value. The agencies rate it B; its bonds trade like BB-. Weighted yield 7.23%, a spread of 253 bp over government bonds.