A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
EnerSys
ENS
$7.7B
Mkt Cap
$190.75
-4.65%
EnerSys (ENS) has a current P/E ratio of 23.7, compared to its historical median P/E of 18.1. The stock is currently considered Expensive based on its historical valuation range.
EnerSys (ENS) has a 5-year average return on invested capital (ROIC) of 13.6%. This indicates solid capital allocation.
EnerSys (ENS) has a market capitalization of $7.0B. It is classified as a mid-cap stock.
Yes, EnerSys (ENS) pays a dividend with a trailing twelve-month yield of 0.55%. The company also returns capital through share buybacks, with a buyback yield of 5.33%.
Based on historical P/E analysis, EnerSys (ENS) appears expensive. The current P/E of 23.7 is 31% above its historical median of 18.1. The estimated fair value CAGR (P/E method) is 14.7%.
EnerSys (ENS) operates in the Miscellaneous Electrical Machinery, Equipment & Supplies industry, within the Technology sector.
EnerSys (ENS) reported annual revenue of $3.6 billion in its most recent fiscal year, based on SEC EDGAR filings.
EnerSys is a global manufacturer of stored energy solutions and industrial batteries serving over 10,000 customers across more than 100 countries through a diversified portfolio spanning four operating segments. The Energy Systems segment provides uninterruptible power systems, power conversion and distribution equipment, energy storage solutions, and thermally managed enclosures for telecommunications, broadband, data centers, and utility industries. The Motive Power segment supplies batteries and chargers for electric forklifts, automated guided vehicles, and other industrial material handling equipment. The Specialty segment manufactures premium batteries for aerospace, defense, military, commercial aviation, and medical applications, including portable power solutions for soldiers and tactical vehicles. The New Ventures segment develops energy storage and management systems for demand charge reduction, utility backup power, and fast charging for electric vehicles. The company operates through a global network of distributors, independent representatives, and internal sales teams, with no single customer representing more than 10% of revenue, and generates revenue through both product sales and aftermarket support services across diverse end-markets that provide natural hedging against cyclical downturns.
【Strategic framework driving margin expansion】 Management expects adjusted operating earnings growth to outpace revenue growth through fiscal 2027, supported by ongoing operational expense discipline, sustained pricing strength, and manufacturing efficiencies from the EnerSys Strategic Framework, including facility consolidations in Mexico that will yield approximately $19 million in savings in fiscal 2027 and $20 million beginning in fiscal 2028. The company anticipates cautious optimism in motive power and Class 8 transportation markets with volume recovery expected to accelerate through fiscal 2027, while data center demand remains healthy driven by AI infrastructure investments and communications spending continues to benefit from DOCSIS 4.0 network modernization. Specialty segment, particularly aerospace and defense, is positioned for strong growth with munitions backlog up significantly and expected revenue translation throughout fiscal 2027, supported by increasing global defense spending. The company is navigating elevated freight and inflationary pressures from Middle East geopolitical tensions but expects to fully offset these impacts through pricing and cost mitigation, while maintaining net leverage at or below the low end of its 2x-3x target range to preserve capital flexibility for strategic investments and shareholder returns.
| Metric | Target | Period |
|---|---|---|
| Net sales | $915 million–$955 million | Q1 FY2027 |
| Adjusted diluted EPS | $2.80–$2.90 per share | Q1 FY2027 |
| Adjusted diluted EPS (excluding 45X) | $1.61–$1.71 per share | Q1 FY2027 |
| Full-year tax rate (as adjusted, before 45X) | 21.5%–23.5% | FY2027 |
Net sales (Q1 FY2027): “For the first quarter of fiscal 2027, we expect net sales in the range of $915 million-$955 million”
Adjusted diluted EPS (Q1 FY2027): “For the first quarter of fiscal 2027, we expect net sales in the range of $915 million-$955 million, with adjusted diluted EPS of $2.80-$2.90 per share, which includes $42 million-$47 million of 45X benefits to cost of sales.”
Adjusted diluted EPS (excluding 45X) (Q1 FY2027): “Excluding 45X, we expect adjusted diluted EPS of $1.61-$1.71 per share.”
Full-year tax rate (as adjusted, before 45X) (FY2027): “We expect our full-year tax rate on an as adjusted basis before the benefit of 45X for fiscal year 2027 to be in the range of 21.5%-23.5%.”
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q2 FY2027 Earnings Call, Q1 FY2027 Earnings Call, Q4 FY2026 Earnings Call, Q3 FY2026 Earnings Call
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 3.8B | 3.6B | 3.6B | 3.7B | 3.4B | 3.0B |
| Net Income | 294M | 364M | 269M | 176M | 144M | 143M |
| EPS | $7.95 | $8.99 | $6.50 | $4.25 | $3.36 | $3.32 |
| Free Cash Flow | 468M | 139M | 371M | 191M | -140M | 288M |
| ROIC | 14.0% | 19.5% | 16.9% | 11.7% | 8.6% | 11.1% |
| Gross Margin | 29.3% | 30.2% | 27.4% | 22.7% | 22.3% | 24.8% |
| Debt/Equity | 0.58 | 0.58 | 0.47 | 0.67 | 0.87 | 0.65 |
| Dividends/Share | $1.05 | $0.95 | $0.85 | $0.70 | $0.70 | $0.70 |
| Operating Income | 426M | 465M | 352M | 278M | 206M | 216M |
| Operating Margin | 11.4% | 12.8% | 9.8% | 7.5% | 6.1% | 7.3% |
| ROE | 15.4% | 19.8% | 15.3% | 11.0% | 9.7% | 9.3% |
| Shares Outstanding | 36M | 40M | 41M | 41M | 43M | 43M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 2.5B | 2.5B | 2.3B | 2.4B | 2.6B | 187M | 216M | 3.0B | 3.4B | 3.7B | 3.6B | 3.6B | 3.8B |
| Gross Margin | 25.4% | 25.6% | 26.4% | 27.5% | 25.5% | N/A | N/A | 24.8% | 22.3% | 22.7% | 27.4% | 30.2% | 29.3% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 435M | 378M | 402M | 417M | 391M | N/A | N/A | 523M | 791M | 833M | 981M | 929M | 929M |
| EBIT | 195M | 263M | 210M | 237M | 271M | 213M | 191M | 216M | 206M | 278M | 352M | 465M | 426M |
| Op. Margin | 7.9% | 10.5% | 9.1% | 10.0% | 10.5% | N/A | 88.2% | 7.3% | 6.1% | 7.5% | 9.8% | 12.8% | 11.4% |
| Net Income | 150M | 181M | 136M | 160M | 120M | 160M | 137M | 143M | 144M | 176M | 269M | 364M | 294M |
| Net Margin | 6.1% | 7.2% | 5.9% | 6.8% | 4.6% | 85.9% | 63.4% | 4.8% | 4.3% | 4.7% | 7.5% | 10.1% | 7.8% |
| Non-Recurring | 33M | 32M | 48M | 19M | 5.5M | 35M | 60M | 40M | 16M | 16M | 42M | 11M | 51M |
| Returns on Capital | |||||||||||||
| ROIC | 14.4% | 14.7% | 10.0% | 11.6% | 13.1% | 11.4% | 8.6% | 11.1% | 8.6% | 11.7% | 16.9% | 19.5% | 14.0% |
| ROE | 12.4% | 15.9% | 13.3% | 15.1% | 10.4% | 12.9% | 10.6% | 9.3% | 9.7% | 11.0% | 15.3% | 19.8% | 15.4% |
| ROA | 7.0% | 8.1% | 6.3% | 7.1% | 5.0% | 5.7% | 4.3% | 4.1% | 3.9% | 4.9% | 7.8% | 9.8% | 7.3% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 194M | 194M | 308M | 246M | 211M | 198M | 253M | 358M | -66M | 280M | 457M | 260M | 548M |
| Free Cash Flow | 132M | 131M | 252M | 196M | 141M | 127M | 152M | 288M | -140M | 191M | 371M | 139M | 468M |
| Owner Earnings | 123M | 112M | 232M | 173M | 137M | 112M | 145M | 244M | -186M | 162M | 334M | 132M | 396M |
| CapEx | 62M | 64M | 56M | 50M | 70M | 70M | 101M | 70M | 74M | 89M | 86M | 121M | 80M |
| Maint. CapEx | 54M | 57M | 56M | 54M | 54M | 63M | 87M | 94M | 96M | 91M | 92M | 101M | 114M |
| Growth CapEx | 8.0M | 6.6M | 0 | 0 | 16M | 7.0M | 14M | 0 | 0 | 0 | 0 | 20M | 0 |
| D&A | 54M | 57M | 56M | 54M | 54M | 63M | 87M | 94M | 96M | 91M | 92M | 101M | 114M |
| CapEx/OCF | 32.0% | 32.7% | 18.2% | 20.4% | 33.1% | 35.6% | 40.0% | 19.5% | N/A | 31.7% | 18.9% | 46.5% | 14.6% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 24M | 32M | 31M | 30M | 30M | 30M | 30M | 30M | 29M | 29M | 34M | 37M | 38M |
| Dividend Yield | 0.9% | 1.2% | 1.3% | 1.1% | 1.0% | 1.0% | 1.1% | 1.0% | 0.9% | 1.0% | 0.9% | 1.0% | 0.5% |
| Share Buybacks | 70M | 205M | 178M | 0 | 121M | 56M | 35M | 0 | 156M | 23M | 96M | 154M | 371M |
| Buyback Yield | 2.3% | 7.4% | 7.8% | N/A | 4.4% | 2.2% | 1.8% | N/A | 5.1% | 0.7% | 2.5% | 4.1% | 5.3% |
| Stock-Based Comp | 17M | 25M | 20M | 19M | 19M | 23M | 21M | 20M | 24M | 26M | 31M | 28M | 38M |
| Debt Repayment | 0 | 0 | 7.5M | 15M | 128M | 37M | 5.3M | 16M | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | 82M | 244M | 231M | 106M | 76M | 727M | 824M | 100M | 493M | 379M | 166M | 426M | 671M |
| Cash & Equiv. | 240M | 269M | 397M | 500M | 522M | 299M | 327M | 452M | 402M | 347M | 333M | 343M | 439M |
| Long-Term Debt | 288M | 493M | 606M | 588M | 580M | 972M | 1.1B | 970M | 1.2B | 1.0B | 802M | 1.1B | 1.1B |
| Debt/Equity | 0.26 | 0.49 | 0.62 | 0.55 | 0.50 | 0.80 | 0.89 | 0.65 | 0.87 | 0.67 | 0.47 | 0.58 | 0.58 |
| Interest Coverage | 11.4 | 13.4 | 9.4 | 10.7 | 10.8 | 6.9 | 4.4 | 5.6 | 5.5 | 4.7 | 7.0 | 9.1 | 2699.1 |
| Equity | 1.2B | 1.0B | 1.0B | 1.1B | 1.2B | 1.3B | 1.3B | 1.5B | 1.5B | 1.6B | 1.8B | 1.9B | 1.9B |
| Total Assets | 2.3B | 2.1B | 2.2B | 2.3B | 2.5B | 3.1B | 3.3B | 3.5B | 3.7B | 3.6B | 3.5B | 4.0B | 4.0B |
| Total Liabilities | 1.1B | 1.1B | 1.2B | 1.2B | 1.3B | 1.8B | 2.0B | 1.9B | 2.2B | 2.0B | 1.7B | 2.1B | 2.1B |
| Intangibles | 172M | 158M | 160M | 154M | 147M | 462M | 456M | 431M | 396M | 360M | 319M | 375M | 343M |
| Retained Earnings | 848M | 997M | 1.1B | 1.2B | 1.3B | 1.5B | 1.6B | 1.7B | 1.8B | 1.9B | 2.2B | 2.5B | 2.7B |
| Working Capital | 719M | 770M | 845M | 951M | 1.0B | 924M | 963M | 1.0B | 1.3B | 1.2B | 1.1B | 1.3B | 1.3B |
| Current Assets | 1.3B | 1.2B | 1.3B | 1.4B | 1.5B | 1.5B | 1.6B | 1.7B | 2.0B | 1.9B | 1.8B | 2.1B | 2.1B |
| Current Liabilities | 581M | 432M | 451M | 467M | 492M | 613M | 600M | 677M | 738M | 718M | 724M | 775M | 804M |
| Per Share Data | |||||||||||||
| EPS | 3.02 | 3.77 | 2.99 | 3.64 | 2.77 | 3.73 | 3.20 | 3.32 | 3.36 | 4.25 | 6.50 | 8.99 | 7.95 |
| Owner EPS | 2.47 | 2.33 | 5.09 | 3.93 | 3.18 | 2.60 | 3.39 | 5.66 | -4.34 | 3.93 | 8.08 | 3.25 | 10.87 |
| Book Value | 25.04 | 21.62 | 22.25 | 25.07 | 27.69 | 29.85 | 30.35 | 35.65 | 34.77 | 38.68 | 42.36 | 47.36 | 52.25 |
| Cash Flow/Share | 3.89 | 4.05 | 6.75 | 5.59 | 4.89 | 4.61 | 5.91 | 8.30 | -1.53 | 6.77 | 11.04 | 6.43 | 11.17 |
| Dividends/Share | 0.50 | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 0.70 | 0.85 | 0.95 | 1.05 |
| Shares Out. | 49.8M | 48.1M | 45.5M | 44.0M | 43.2M | 43.0M | 42.8M | 43.2M | 42.8M | 41.4M | 41.4M | 40.5M | 36.5M |
| Valuation | |||||||||||||
| P/E Ratio | 20.3 | 15.3 | 16.9 | 19.7 | 22.8 | 16.0 | 14.1 | 27.0 | 21.3 | 19.3 | 14.3 | 10.3 | 24.0 |
| P/FCF | 23.2 | 21.2 | 9.1 | 16.1 | 19.3 | 20.2 | 12.7 | 13.4 | N/A | 17.7 | 10.4 | 26.9 | 14.9 |
| EV/EBIT | 14.9 | 10.4 | 10.1 | 11.7 | 8.4 | 14.1 | 12.8 | 18.4 | 17.2 | 13.5 | 11.4 | 9.0 | 17.9 |
| Price/Book | 2.4 | 2.7 | 2.3 | 2.9 | 2.3 | 2.0 | 1.5 | 2.5 | 2.1 | 2.1 | 2.2 | 2.0 | 3.7 |
| Price/Sales | 1.1 | 1.1 | 1.1 | 1.2 | 1.1 | 1.1 | 0.9 | 1.0 | 1.0 | 0.8 | 1.1 | 1.1 | 1.9 |
| FCF Yield | 4.3% | 4.7% | 11.0% | 6.2% | 5.2% | 5.0% | 7.9% | 7.4% | -4.6% | 5.6% | 9.6% | 3.7% | 6.7% |
| Market Cap | 3.1B | 2.8B | 2.3B | 3.2B | 2.7B | 2.6B | 1.9B | 3.9B | 3.1B | 3.4B | 3.8B | 3.7B | 7.0B |
| Avg. Price | 52.65 | 56.67 | 54.05 | 62.99 | 66.32 | 72.64 | 61.99 | 70.37 | 80.54 | 68.57 | 92.79 | 97.24 | 190.75 |
| Year-End Price | 61.30 | 57.61 | 50.42 | 71.76 | 63.09 | 59.84 | 45.03 | 89.66 | 71.41 | 81.88 | 92.91 | 92.47 | 190.75 |
EnerSys passes 5 of 9 quality checks, suggesting mixed fundamentals.
EnerSys trades at 23.7x trailing earnings, compared to its 15-year median P/E of 18.1x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 15.9x vs a median of 16.1x. The company's 5-year average ROIC is 13.6% with a gross margin of 25.5%. Total shareholder yield (dividends + buybacks) is 5.9%. At current prices, the estimated annualized return to fair value is +11.9%.
EnerSys (ENS) has a net profit margin of 10.1%. This is a healthy margin.
EnerSys (ENS) generated $139 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
EnerSys (ENS) has a debt-to-equity ratio of 0.58. This indicates moderate leverage.
EnerSys (ENS) reported earnings per share (EPS) of $8.99 in its most recent fiscal year.
EnerSys (ENS) has a return on equity (ROE) of 19.8%. This indicates the company generates strong returns for shareholders.
EnerSys (ENS) has a 5-year average gross margin of 25.5%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 17 years of financial data for EnerSys (ENS), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
EnerSys (ENS) has a book value per share of $47.36, based on its most recent annual SEC filing.
Based on recent SEC filings and earnings disclosures, Management expects adjusted operating earnings growth to outpace revenue growth through fiscal 2027, supported by ongoing operational expense discipline, sustained pricing strength, and manufacturing efficiencies from the EnerSys Strategic Framework, including facility consolidations in Mexico that will yield approximately $19 million in savings in fiscal 2027 and $20 million beginning in fiscal 2028. The company anticipates cautious optimism in motive power and Class 8 transportation markets with volume recovery expected to accelerate through fiscal 2027, while data center demand remains healthy driven by AI infrastructure investments and communications spending continues to benefit from DOCSIS 4.0 network modernization. Specialty segment, particularly aerospace and defense, is positioned for strong growth with munitions backlog up significantly and expected revenue translation throughout fiscal 2027, supported by increasing global defense spending. The company is navigating elevated freight and inflationary pressures from Middle East geopolitical tensions but expects to fully offset these impacts through pricing and cost mitigation, while maintaining net leverage at or below the low end of its 2x-3x target range to preserve capital flexibility for strategic investments and shareholder returns.
Based on recent SEC filings and earnings calls, EnerSys (ENS) has provided the following forward guidance: Net sales: $915 million–$955 million (Q1 FY2027); Adjusted diluted EPS: $2.80–$2.90 per share (Q1 FY2027); Adjusted diluted EPS (excluding 45X): $1.61–$1.71 per share (Q1 FY2027); Full-year tax rate (as adjusted, before 45X): 21.5%–23.5% (FY2027).