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

ENR NYSE Miscellaneous Electrical Machinery, Equipment & Supplies MO CIK: 0001632790
Recently Updated • Analysis: May 7, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
86% Confidence
AGREEMENT
STRONG SELL
88% Conf
SELL
85% Conf

📊 ENR Key Takeaways

Revenue: $1.4B
Net Margin: 0.5%
Free Cash Flow: $104.8M
Current Ratio: 2.05x
Debt/Equity: 19.08x
EPS: $3.32
AI Rating: STRONG SELL with 88% confidence
Energizer Holdings, Inc.. (ENR) receives a SELL rating with 86% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.4B, net profit margin of 0.5%, and return on equity (ROE) of 3.9%, 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 exhibits severe financial distress with critical debt servicing concerns: interest coverage of 0.2x indicates the company cannot cover interest expense from operating income. Combined with a 19.08x debt-to-equity ratio and only 0.5% net margins, the company faces a fragile capital structure despite 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
  • + Operating cash flow of $147.8M demonstrates ability to generate cash despite profitability challenges
  • + Free cash flow of $104.8M after capex provides some debt service capacity
  • + Gross margin of 36.2% shows product pricing power in consumer battery/personal care markets
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
  • ! Interest coverage ratio of 0.2x - company cannot service debt from operating income, indicating high default risk
  • ! Extreme leverage with $3.3B debt on only $173.2M equity (19.08x debt-to-equity) creates unsustainable capital structure
  • ! Minimal profitability (0.5% net margin, 1.2% operating margin) leaves no margin for error; modest 2.3% revenue growth insufficient to improve trajectory
  • ! Stockholders equity of $173.2M is extremely thin relative to $4.4B asset base; company is technically asset-negative
  • ! ROE of 3.9% and ROA of 0.2% indicate capital destruction
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
  • * Interest coverage ratio - critical threshold is 1.0x; current 0.2x indicates imminent refinancing risk
  • * Operating margin trend - must improve above 3% to sustainably service debt from operations
  • * Debt levels and refinancing activities - watch for covenant violations or debt restructuring announcements
  • * Operating cash flow stability - current $147.8M is lifeline; decline would trigger distress
ChatGPT
  • * Operating margin and interest coverage
  • * Free cash flow consistency versus debt reduction progress

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

Revenue
$1.4B
Net Income
$6.7M
EPS (Diluted)
$3.32
Free Cash Flow
$104.8M
Total Assets
$4.4B
Cash Position
$172.5M

💡 AI Analyst Insight

Strong liquidity with a 2.05x current ratio provides a solid financial cushion.

ENR Profit Margin, ROE & Profitability Analysis

Gross Margin 36.2%
Operating Margin 1.2%
Net Margin 0.5%
ROE 3.9%
ROA 0.2%
FCF Margin 7.4%

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

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

Net Margin
ENR 0.5%
vs
Sector Avg 12.0%
ENR Sector
ROE
ENR 3.9%
vs
Sector Avg 10.0%
ENR Sector
Current Ratio
ENR 2.0x
vs
Sector Avg 0.8x
ENR Sector
Debt/Equity
ENR 19.1x
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
3.9%
Sector avg: 10%
Net Profit Margin
0.5%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
19.08x
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
2.05x
Quick Ratio
1.03x
Debt/Equity
19.08x
Debt/Assets
96.1%
Interest Coverage
0.22x
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
7.4%
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
Q2 2026 $643.3M $6.7M $0.10
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

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
$147.8M
Cash generated from operations
Stock Buybacks
$5.4M
Shares repurchased (TTM)
Capital Expenditures
$43.0M
Investment in assets
Dividends Paid
$43.9M
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
May 5, 2026 10-Q enr-20260331.htm View →
May 5, 2026 8-K enr-20260505.htm View →
Apr 17, 2026 4 xslF345X06/form4.xml View →
Apr 16, 2026 4 xslF345X06/form4.xml View →
Apr 10, 2026 4 xslF345X06/form4.xml 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 (STRONG SELL) and ChatGPT (SELL) with 86% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ENR's key strengths?

Claude: Operating cash flow of $147.8M demonstrates ability to generate cash despite profitability challenges. Free cash flow of $104.8M after capex provides some debt service capacity. 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: Interest coverage ratio of 0.2x - company cannot service debt from operating income, indicating high default risk. Extreme leverage with $3.3B debt on only $173.2M equity (19.08x debt-to-equity) creates unsustainable capital structure. 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 $1.4B.

Does ENR pay dividends?

Energizer Holdings, Inc.. pays dividends, with $43.9M 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 May 2026, Energizer Holdings, Inc.. has a SELL rating with 86% 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 3.9% (sector avg: 10%), net margin of 0.5% (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 $147.8M, with capital expenditures of $43.0M. FCF margin is 7.4%.

How does ENR compare to other Utilities stocks?

Vs Utilities sector averages: Net margin 0.5% (avg: 12%), ROE 3.9% (avg: 10%), current ratio 2.05 (avg: 0.8).

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

ENR has a debt-to-equity ratio of 19.08x, which is above the Utilities sector average of 1.4x. However, the current ratio of 2.05 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: May 7, 2026 | Data as of: 2026-03-31 | Powered by Claude AI