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ENS

EnerSys

ENS

EnerSys • NYSE
$143.11 ▲ 0.20% (+0.29)
Market Cap $5.28 B
52w High $144.58
52w Low $76.57
Dividend Yield 0.98%
P/E 16.78
Volume 134.46K
Outstanding Shares 36.91M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $951.286M ▲ $185.112M ▲ $68.426M ▲ 7.193% ▲ $1.83 ▲ $124.322M ▲
Q1-2026 $893.024M ▼ $166.748M ▼ $57.458M ▼ 6.434% ▼ $1.48 ▼ $103.864M ▼
Q4-2025 $974.842M ▲ $172.392M ▲ $96.546M ▼ 9.904% ▼ $2.43 ▼ $155.648M ▼
Q3-2025 $906.152M ▲ $155.527M ▲ $114.812M ▲ 12.67% ▲ $2.92 ▲ $167.167M ▲
Q2-2025 $883.669M $152.759M $82.266M 9.31% $2.05 $121.888M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $388.606M ▲ $4.072B ▼ $2.205B ▼ $1.864B ▲
Q1-2026 $346.662M ▲ $4.111B ▲ $2.245B ▲ $1.863B ▼
Q4-2025 $343.131M ▼ $3.971B ▼ $2.052B ▼ $1.916B ▲
Q3-2025 $463.164M ▲ $4.028B ▲ $2.179B ▲ $1.845B ▲
Q2-2025 $407.919M $3.951B $2.109B $1.838B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $68.426M ▲ $218.047M ▲ $-20.981M ▲ $-154.177M ▼ $41.944M ▲ $197.144M ▲
Q1-2026 $57.458M ▼ $968K ▼ $-41.414M ▼ $25.964M ▲ $3.531M ▲ $-32.051M ▼
Q4-2025 $96.546M ▼ $135.188M ▲ $-28.847M ▼ $-238.583M ▼ $-120.033M ▼ $104.915M ▲
Q3-2025 $114.812M ▲ $81.064M ▲ $-25.022M ▲ $23.599M ▼ $55.245M ▼ $56.785M ▲
Q2-2025 $82.266M $33.648M $-235.541M $254.308M $63.85M $3.299M

Revenue by Products

Product Q3-2025Q4-2025Q1-2026Q2-2026
Product
Product
 $820.00M ▲$890.00M ▲$810.00M ▼$860.00M ▲
Service
Service
 $90.00M ▲$80.00M ▼$90.00M ▲$90.00M ▲

Five-Year Company Overview

Income Statement

Income Statement EnerSys has grown from a solid industrial manufacturer into a clearly higher‑margin business over the past few years. Sales have moved generally upward, but the real story is profit quality: the company is keeping more of every dollar it sells, with gross and operating margins steadily improving. Net earnings and earnings per share have climbed meaningfully, suggesting stronger pricing power, better product mix, and tighter cost control. There was a small step back in sales recently, but profits still advanced, which points to improved efficiency and a focus on higher‑value segments rather than pure volume growth.

Balance Sheet

Balance Sheet The balance sheet looks balanced and gradually stronger. Total assets and shareholder equity have been inching higher, showing that the company is building its capital base over time. Debt has moved around but remains in a manageable range, with no sign of extreme leverage; the most recent year shows a small uptick that is worth monitoring, but not alarming on its own. Cash levels are stable rather than large, implying the company has liquidity but not an excessive cash cushion. Overall, the financial position appears solid for an industrial company that is still actively investing and acquiring.

Cash Flow

Cash Flow Cash generation has been a bit uneven but generally positive over the five‑year period. There was one weaker year where operating cash flow dipped into negative territory, likely reflecting working capital swings or a tougher operating environment at that time. Since then, operating and free cash flow have recovered and stayed positive, supporting ongoing investment and debt service. Capital spending has been steady and relatively modest, indicating disciplined investment rather than an aggressive build‑out. The cash profile looks adequate, but the lumpiness means it is worth paying attention to how cash flow tracks profits in future years.

Competitive Edge

Competitive Edge EnerSys occupies a strong niche in industrial and mission‑critical energy storage rather than commodity consumer batteries. It benefits from a broad product range that spans traditional lead‑acid, advanced lead technologies, and lithium‑based systems, which helps it serve many industries and reduces dependence on any single technology. Longstanding relationships in telecom, data centers, material handling, aerospace, and defense give it sticky, recurring demand where reliability matters more than the lowest price. Its global manufacturing footprint and service capability make it harder for smaller or regional players to match. Strategic acquisitions, such as in military‑grade solutions, deepen its presence in specialized, higher‑margin markets.

Innovation and R&D

Innovation and R&D Innovation is a clear pillar of EnerSys’s strategy. The company is not just making standard batteries; it is pushing proprietary technologies like Thin Plate Pure Lead, specialized lithium designs, and advanced manufacturing methods that can lower costs and improve performance. It is also moving up the value chain into complete energy systems and software‑enabled energy management, which could make its offerings stickier and more differentiated. Investments in a new lithium cell facility, exploration of solid‑state and other next‑generation chemistries, and AI‑enabled manufacturing all point to a long‑term commitment to staying ahead of industry shifts. The newer “New Ventures” segment, focused on EV fast charging and grid‑related applications, is an important experiment that could open larger growth avenues if it scales well.

Summary

EnerSys today looks like a maturing industrial technology company with improving profitability, a sound balance sheet, and a credible innovation engine. Profits and margins have strengthened more than sales, suggesting a deliberate shift toward higher‑value products and better cost discipline. The balance sheet and cash flows give it room to keep investing in new technologies, capacity, and acquisitions, even though cash generation has had some ups and downs. Its competitive position is supported by specialized technology, deep customer relationships, and exposure to mission‑critical applications where reliability and total system value matter. Key things to watch going forward include the consistency of cash flow, how debt levels evolve with growth investments, and whether its newer energy management and lithium initiatives can scale without eroding returns.

NEWS

November 5, 2025 · 4:17 PM UTC

EnerSys Announces Dividend of $0.2625 per Share for the Third Quarter of Fiscal Year 2026

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November 5, 2025 · 4:15 PM UTC

EnerSys Reports Second Quarter Fiscal Year 2026 Results

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October 22, 2025 · 4:15 PM UTC

EnerSys Publishes FY2025 Sustainability Report Showcasing Energy Savings, Operational Efficiencies and Early European Sustainability Reporting Standards (ESRS) Disclosures

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October 15, 2025 · 4:15 PM UTC

EnerSys Announces Date of Second Quarter Fiscal 2026 Financial Results Release and Conference Call

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