Get all premium features to the best stock analysis tool

Energizer Holdings is downgraded to Hold due to disappointing earnings, persistent margin pressures, and uncertain growth prospects. Tariffs, rising input costs, and weak organic growth have eroded ENR's profitability despite recent acquisitions and cost-saving initiatives. ENR trades at a sub-7x PE, with a 5.14% dividend yield that appears sustainable but is overshadowed by high leverage and negative market sentiment.

ENR beats Q1 sales and earnings estimates as APS boosts revenues, even as tariffs and integration costs weigh on margins and profits.

Energizer Holdings, Inc. reported a sharp organic sales decline in Q1. The company notes weak category growth, but underlying longer-term trends are weak as well. The gross margin weakened in part due to transitory operational inefficiencies, but also as ENR's pricing power is limited. The FY2026 guidance sets ambitious expectations for H2, requiring caution.

Energizer Holdings, Inc. (ENR) Q1 2026 Earnings Call Transcript

Although the revenue and EPS for Energizer (ENR) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Energizer Holdings (ENR) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.67 per share a year ago.

First Quarter Highlights Net sales increased +6.5% to $778.9 million, driven by Acquisition Net sales of $64.6 million(1) Operating cash flows of $149.5 million and Free cash flow of $124.2 million, or 15.9% of Net sales Debt reduction of over $100 million Loss per share of $0.05 & Adjusted Earnings per share of $0.31(1) Reaffirming fiscal year outlook for Net sales, Adjusted Earnings per share and Adjusted EBITDA ST. LOUIS, Feb. 5, 2026 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) today announced results for the first fiscal quarter ended December 31, 2025.