Energizer Holdings, Inc. (ENR) Stock

Energizer Holdings, Inc. (ENR) is a Industrials stock trading at $21.00 (as of 2026-08-20), with a market capitalization of $1.44B and a trailing P/E of 17.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Energizer Holdings, Inc., together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid batteries. The company also provides headlights, lanterns, and children's and area lights, as well as flash lights under the Energizer, Eveready, Rayovac, Hard Case, Dolphin, Varta, and WeatherReady brands. In addition, it licenses the Energizer and Eveready brands to companies developing consumer solutions in gaming, automotive batteries, portable power for critical devices, LED light bulbs, generators, power tools, household light bulbs, and other lighting products. Further, the company designs and markets automotive fragrance and appearance products, including protectants, wipes, tire and wheel care products, glass cleaners, leather care products, air fresheners, and washes to clean, shine, refresh, and protect interior and exterior automobile surfaces under the brand names of Armor All, Nu Finish, Refresh Your Car!, LEXOL, Eagle One, California Scents, Driven, and Bahama & Co; STP branded fuel and oil additives, functional fluids, and other performance chemical products; and do-it-yourself automotive air conditioning recharge products under the A/C PRO brand name, as well as other refrigerant and recharge kits, sealants, and accessories. It sells its products through direct sales force, distributors, and wholesalers; and through various retail and business-to-business channels, including mass merchandisers, club, electronics, food, home improvement, dollar store, auto, drug, hardware, e-commerce, convenience, sporting goods, hobby/craft, office, industrial, medical, and catalog. Energizer Holdings, Inc. was incorporated in 2015 and is headquartered in Saint Louis, Missouri.

Understand Energizer Holdings, Inc.: how it makes money

Energizer Holdings makes and sells household batteries, specialty batteries, and lighting products, and also offers auto care battery-related products, generating revenue by manufacturing, marketing, and distributing these battery and lighting brands worldwide.

Energizer’s profitability is primarily a function of category demand (battery and auto care consumption), pricing, and mix effects from share shifts versus private label, because these drivers directly influence battery and auto care sales value and volume.

Revenue by segment (latest quarter)
Auto Care$0.6B

Business quality (Mixed): The provided operating KPI set points to demand, pricing, and share dynamics as the key levers behind results, and the latest quarter shows relatively low operating profitability versus a mid-40% gross margin.

Valuation: At 8× earnings, ENR trades 78% below the Electrical Equipment average (35×). Note: one-time items can distort reported P/E.

Bull case

  • Share support in batteries: The data shows Battery Category Share Gain (2.5) and Battery Category Share Gain for Iconic Brands (2.8), suggesting brand share resilience even as overall categories move.
  • Private label pressure ease (in the US): Private Label Share Decrease in the United States (3.2) indicates some reduction in private label share pressure, which can help protect selling economics.

Bear case

  • Battery category consumption weakness: Battery Category Consumption Versus Prior Year (-11.6 percent) and Battery Global Category Volume Decline (-5.5 percent) indicate demand headwinds that can weigh on sales volumes.
  • Pricing declines: Pricing Declines (3.3 percent) and Battery Category Value Decline (3.5 percent) point to negative selling price and value pressure, which can limit operating leverage.
  • Operating profitability is thin: Operating margin is 3.4 percent, so adverse moves in demand, pricing, or mix can more easily translate into weaker operating results.
Valuation — source: SEC EDGAR (first-party)
Price$21.00
Market Cap$1.44B
P/E Ratio17.6
EV / EBITDA18.7
Price / Book7.08
Price / Sales0.48
FCF Yield10.5%
DCF Value (model)$23.11
DCF Upside vs Price10.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$2.95B
Net Margin8.1%
Revenue Growth (YoY)1.2%
EPS Growth (YoY)-73.1%
FCF Growth (YoY)-111.4%
Financial Health — source: SEC EDGAR
Altman Z-Score1.31 (distress)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E17.6
Sector P/E (Industrials)25.9
Industry P/E (Electrical Equipment)37.8
vs Sector-31.8%
vs Industry-53.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($166.30M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryElectrical Equipment
CEOMark S. LaVigne
Employees5,600
CountryUS
IPO Date2015-06-12

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ENR earnings history · ENR institutional & insider holders · ENR KPIs & operating metrics · ENR financials · ENR investor presentations & press releases · ENR SEC filings · ENR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.