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Energizer Holdings, Inc.. (ENR) Stock Fundamental Analysis & AI Rating 2026

ENR NYSE Miscellaneous Electrical Machinery, Equipment & Supplies MO CIK: 0001632790
Updated This Month • Analysis: Mar 24, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
85% Confidence
STRONG AGREEMENT
SELL
85% Conf
SELL
85% Conf

📊 ENR Key Takeaways

Revenue: $778.9M
Net Margin: -0.4%
Free Cash Flow: $124.2M
Current Ratio: 1.99x
Debt/Equity: 23.49x
EPS: $3.32
AI Rating: SELL with 85% confidence
Energizer Holdings, Inc.. (ENR) receives a SELL rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $778.9M, net profit margin of -0.4%, and return on equity (ROE) of -2.4%, Energizer Holdings, Inc.. demonstrates mixed fundamentals in the Utilities sector. Below is our complete ENR stock analysis for 2026.

Is Energizer Holdings, Inc.. (ENR) a Good Investment?

Claude

Energizer faces severe profitability challenges with negative operating and net margins despite solid revenue growth, indicating operational inefficiency or cost structure problems. The company's extreme leverage (23.49x debt-to-equity) and inability to cover interest expenses (-0.1x coverage) create significant financial distress risk that overshadows positive cash flow generation.

ChatGPT

Energizer shows acceptable top-line stability and solid free cash flow generation, but the latest period highlights weak earnings quality with negative operating and net margins despite positive gross profitability. The balance sheet is the main concern: very high leverage, minimal equity, and negative interest coverage materially weaken financial flexibility and make the business fundamentally fragile even if cash flow remains positive.

Why Buy Energizer Holdings, Inc.. Stock? ENR Key Strengths

Claude
  • + Strong revenue growth of 2.3% YoY in competitive consumer battery market
  • + Solid free cash flow generation of $124.2M with healthy 15.9% FCF margin, demonstrating cash conversion capability
  • + Adequate liquidity with 1.99x current ratio and $214.8M in cash reserves
ChatGPT
  • + Positive year-over-year revenue growth with a still-solid 32.9% gross margin
  • + Strong operating cash flow and free cash flow generation relative to revenue
  • + Adequate near-term liquidity with a 1.99x current ratio and 1.07x quick ratio

ENR Stock Risks: Energizer Holdings, Inc.. Investment Risks

Claude
  • ! Negative operating margin (-0.6%) and net margin (-0.4%) indicate fundamental unprofitability despite revenue scale
  • ! Extreme leverage of 23.49x debt-to-equity with $3.3B long-term debt against only $141.3M equity; negative interest coverage creates default risk
  • ! Minimal net income (-$3.4M) on $778.9M revenue suggests thin margins vulnerable to any operational disruption or cost inflation
  • ! Abnormal EPS improvement (538.5% YoY) likely driven by accounting items rather than operational improvement, masking underlying weakness
ChatGPT
  • ! Operating income and net income remain negative, indicating weak underlying profitability
  • ! Extremely high leverage with $3.32B of long-term debt and 23.49x debt-to-equity
  • ! Negative interest coverage suggests earnings are currently insufficient to support debt burden comfortably

Key Metrics to Watch

Claude
  • * Operating margin trend - critical need to return to positive territory
  • * Debt refinancing requirements and ability to service $3.3B in long-term obligations
  • * Gross margin sustainability - must maintain 32.9% to support fixed cost base
  • * Cash conversion cycle and free cash flow sustainability under current capital structure
ChatGPT
  • * Operating margin and interest coverage
  • * Free cash flow consistency versus debt reduction progress

Energizer Holdings, Inc.. (ENR) Financial Metrics & Key Ratios

Revenue
$778.9M
Net Income
$-3.4M
EPS (Diluted)
$3.32
Free Cash Flow
$124.2M
Total Assets
$4.4B
Cash Position
$214.8M

💡 AI Analyst Insight

Energizer Holdings, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

ENR Profit Margin, ROE & Profitability Analysis

Gross Margin 32.9%
Operating Margin -0.6%
Net Margin -0.4%
ROE -2.4%
ROA -0.1%
FCF Margin 15.9%

ENR vs Utilities Sector: How Energizer Holdings, Inc.. Compares

How Energizer Holdings, Inc.. compares to Utilities sector averages

Net Margin
ENR -0.4%
vs
Sector Avg 12.0%
ENR Sector
ROE
ENR -2.4%
vs
Sector Avg 10.0%
ENR Sector
Current Ratio
ENR 2.0x
vs
Sector Avg 0.8x
ENR Sector
Debt/Equity
ENR 23.5x
vs
Sector Avg 1.4x
ENR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Energizer Holdings, Inc.. Stock Overvalued? ENR Valuation Analysis 2026

Based on fundamental analysis, Energizer Holdings, Inc.. shows some fundamental concerns relative to the Utilities sector in 2026.

Return on Equity
-2.4%
Sector avg: 10%
Net Profit Margin
-0.4%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
23.49x
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Energizer Holdings, Inc.. Balance Sheet: ENR Debt, Cash & Liquidity

Current Ratio
1.99x
Quick Ratio
1.07x
Debt/Equity
23.49x
Debt/Assets
96.8%
Interest Coverage
-0.12x
Long-term Debt
$3.3B

ENR Revenue & Earnings Growth: 5-Year Financial Trend

ENR 5-year financial data: Year 2021: Revenue $3.0B, Net Income $51.1M, EPS $0.58. Year 2022: Revenue $3.1B, Net Income -$93.3M, EPS $-1.58. Year 2023: Revenue $3.1B, Net Income $160.9M, EPS $2.11. Year 2024: Revenue $3.1B, Net Income -$231.5M, EPS $-3.37. Year 2025: Revenue $3.0B, Net Income $140.5M, EPS $1.94.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Energizer Holdings, Inc..'s revenue has remained relatively flat over the 5-year period, with a 2% decline. The most recent EPS of $1.94 reflects profitable operations.

ENR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
15.9%
Free cash flow / Revenue

ENR Quarterly Earnings & Performance

Quarterly financial performance data for Energizer Holdings, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $731.7M -$3.4M $-0.05
Q3 2025 $701.4M -$9.5M $-0.13
Q2 2025 $662.9M $28.3M $0.39
Q1 2025 $716.6M $1.9M $0.03
Q3 2024 $699.4M -$9.5M $-0.13
Q2 2024 $663.3M $32.4M $0.45
Q1 2024 $716.6M $1.9M $0.03
Q3 2023 $699.4M $31.8M $0.44

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Energizer Holdings, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$149.5M
Cash generated from operations
Stock Buybacks
$4.5M
Shares repurchased (TTM)
Capital Expenditures
$25.3M
Investment in assets
Dividends Paid
$23.3M
Returned to shareholders

ENR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Energizer Holdings, Inc.. (CIK: 0001632790)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 4 xslF345X06/form4.xml View →
Apr 10, 2026 4 xslF345X06/form4.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775160148.xml View →
Mar 3, 2026 4 xslF345X05/form4.xml View →
Feb 5, 2026 10-Q enr-20251231.htm View →

Frequently Asked Questions about ENR

What is the AI rating for ENR?

Energizer Holdings, Inc.. (ENR) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 85% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ENR's key strengths?

Claude: Strong revenue growth of 2.3% YoY in competitive consumer battery market. Solid free cash flow generation of $124.2M with healthy 15.9% FCF margin, demonstrating cash conversion capability. ChatGPT: Positive year-over-year revenue growth with a still-solid 32.9% gross margin. Strong operating cash flow and free cash flow generation relative to revenue.

What are the risks of investing in ENR?

Claude: Negative operating margin (-0.6%) and net margin (-0.4%) indicate fundamental unprofitability despite revenue scale. Extreme leverage of 23.49x debt-to-equity with $3.3B long-term debt against only $141.3M equity; negative interest coverage creates default risk. ChatGPT: Operating income and net income remain negative, indicating weak underlying profitability. Extremely high leverage with $3.32B of long-term debt and 23.49x debt-to-equity.

What is ENR's revenue and growth?

Energizer Holdings, Inc.. reported revenue of $778.9M.

Does ENR pay dividends?

Energizer Holdings, Inc.. pays dividends, with $23.3M distributed to shareholders in the trailing twelve months.

Where can I find ENR SEC filings?

Official SEC filings for Energizer Holdings, Inc.. (CIK: 0001632790) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ENR's EPS?

Energizer Holdings, Inc.. has a diluted EPS of $3.32.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ENR a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Energizer Holdings, Inc.. has a SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is ENR stock overvalued or undervalued?

Valuation metrics for ENR: ROE of -2.4% (sector avg: 10%), net margin of -0.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy ENR stock in 2026?

Our dual AI analysis gives Energizer Holdings, Inc.. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ENR's free cash flow?

Energizer Holdings, Inc..'s operating cash flow is $149.5M, with capital expenditures of $25.3M. FCF margin is 15.9%.

How does ENR compare to other Utilities stocks?

Vs Utilities sector averages: Net margin -0.4% (avg: 12%), ROE -2.4% (avg: 10%), current ratio 1.99 (avg: 0.8).

Is Energizer Holdings, Inc.. carrying too much debt?

ENR has a debt-to-equity ratio of 23.49x, which is above the Utilities sector average of 1.4x. However, the current ratio of 1.99 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 24, 2026 | Data as of: 2025-12-31 | Powered by Claude AI