ENERGIZER HOLDINGS (ENR) Company Report

For Fiscal Year 2025, ENR reported net sales of $2,952.7 million, a 2.3% reported increase and 0.7% organic growth, with Adjusted EPS growing 6% to $3.52 and Adjusted EBITDA increasing 1.8% to $623.6 million.
In Q4 2025, net sales were $832.8 million, a 3.4% reported increase, though organic sales decreased 2.2%. Adjusted EPS was $1.05, down from $1.22 in the prior year, and Adjusted EBITDA was $171.2 million, down from $187.3 million in the prior year.
The company returned $177 million to shareholders in FY 2025, including $87 million in dividends and $90 million for share repurchases of 4 million shares.
Project Momentum generated $206 million in savings and contributed to $741 million in cumulative Free Cash Flow over the FY'23-FY'25 period, alongside $254 million in debt paydown.

Nov 18, 2025, 3:00 PM

Energizer Reports Fiscal Year 2025 Results and Provides 2026 Outlook

ENR

Earnings

Guidance Update

Demand Weakening

Energizer reported fiscal year 2025 net sales growth of 2.3% to nearly $3 billion and adjusted earnings per share increased 6% to $3.52.
The company returned $177 million to shareholders in fiscal 2025 through dividends and share repurchases, reducing outstanding shares by roughly 5%.
Management expects Q1 2026 to be transitional due to challenging sales comparisons, tariff-related costs, and moderating consumer sentiment, but anticipates double-digit adjusted EPS growth for Q2-Q4 2026.
Project Momentum has achieved over $200 million in savings to date and has been extended for a fourth year, with an additional $15 million-$20 million per year in benefits expected from domestic production credits in 2026.
Energizer's first priority for capital allocation in 2026 is to pay down debt, with an expectation to reduce debt by $150-$200 million.

Nov 18, 2025, 3:00 PM

Energizer Reports Fiscal 2025 Results and Provides Fiscal 2026 Outlook

ENR

Earnings

Guidance Update

Demand Weakening

Energizer reported net sales growth of 2.3% to nearly $3 billion and an increase in adjusted earnings per share of 6% to $3.52 for fiscal year 2025.
The company expects a transitional first quarter in fiscal 2026 due to challenging comparisons and tariff-related costs, but anticipates double-digit adjusted earnings per share growth over the subsequent three quarters.
Project Momentum has achieved over $200 million in savings to date, and the company expects an additional $15 million-$20 million annually from domestic production credits starting in fiscal 2026.
Energizer plans to prioritize debt reduction, aiming to pay down $150-$200 million of debt in fiscal 2026, and saw its e-commerce business grow 25% in fiscal 2025, with 15% growth expected in fiscal 2026.

Nov 18, 2025, 3:00 PM

Energizer Reports Fiscal Year 2025 Results and Provides 2026 Outlook

ENR

Earnings

Guidance Update

Demand Weakening

Energizer reported fiscal year 2025 net sales growth of 2.3% to nearly $3 billion and an adjusted earnings per share increase of 6% to $3.52.
The company returned $177 million to shareholders in fiscal 2025 through dividends and share repurchases, reducing outstanding shares by approximately 5%.
Project Momentum achieved over $200 million in savings to date and has been extended into a fourth year, focusing on increased operational efficiency and integration.
Energizer anticipates a transitional first quarter for fiscal 2026, with the battery category expected to be down 3%-4%, but projects double-digit adjusted earnings per share growth over the subsequent three quarters.
E-commerce sales grew 35% in Q4 2025 and 25% for the full fiscal year 2025, with 15% growth expected in 2026. The company also plans to pay down $150-$200 million of debt in fiscal 2026.

Nov 18, 2025, 3:00 PM

Energizer Holdings, Inc. Announces Fiscal 2025 Results and Fiscal 2026 Outlook

ENR

Earnings

Guidance Update

Share Buyback

For fiscal year 2025, Energizer Holdings, Inc. reported net sales of $2,952.7 million, an increase of 2.3%, with adjusted EPS of $3.52, up 6% from the prior year, and adjusted EBITDA of $623.6 million, an increase of 1.8%.
In the fourth fiscal quarter of 2025, net sales increased 3.4% to $832.8 million, while adjusted EPS was $1.05 and adjusted EBITDA was $171.2 million.
The company returned $177 million to shareholders in fiscal year 2025, comprising $87 million in dividends and $90 million for share repurchases of 4 million shares.
Project Momentum savings surpassed $200 million over the three-year program, with an extension planned for a fourth year focusing on additional savings and tariff mitigation.
For fiscal year 2026, Energizer Holdings, Inc. anticipates organic net sales to be flat to slightly up, adjusted gross margin to be moderately down, adjusted EBITDA between $580 million and $610 million, and adjusted EPS between $3.30 and $3.60.