Tearsheet

EnerSys (ENS)

Market Price (12/4/2025): $145.96 | Market Cap: $5.5 Bil
Sector: Industrials | Industry: Electrical Components & Equipment

EnerSys (ENS)

Market Price (12/4/2025): $145.96
Market Cap: $5.5 Bil
Sector: Industrials
Industry: Electrical Components & Equipment

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.7%, FCF Yield is 7.7%	Trading close to highs Dist 52W High is 0.0%, Dist 3Y High is 0.0%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%
2	Low stock price volatility Vol 12M is 35%
3	Megatrend and thematic drivers Megatrends include Battery Technology & Metals, Renewable Energy Transition, and Automation & Robotics. Themes include Advanced Battery Components, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.9%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.7%, FCF Yield is 7.7%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%
2	Low stock price volatility Vol 12M is 35%
3	Megatrend and thematic drivers Megatrends include Battery Technology & Metals, Renewable Energy Transition, and Automation & Robotics. Themes include Advanced Battery Components, Show more.
4	Trading close to highs Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022
Share Price CYE	$145.96	$91.72	$99.23	$71.96
Market Cap CYE ($ Bil)	5.5	3.6	4.0	2.9
Total Debt ($ Bil)	1.2	1.2	0.9	1.1
Total Cash ($ Bil)	0.4	0.3	0.3	0.3
Enterprise Value ($ Bil)	6.3	4.8	4.9	4.0
Valuation Ratios
P/S TTM	1.1	1.0	1.1	0.8
P/EBIT TTM	9.7	8.0	12.0	11.2
P/E TTM	12.5	10.1	15.3	17.1
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0	0.0

	12/4/25	2024
Share Price CYE	$145.96	$91.72
Market Cap CYE ($ Bil)	5.5	3.6
Total Debt ($ Bil)	1.2	1.2
Total Cash ($ Bil)	0.4	0.3
Enterprise Value ($ Bil)	6.3	4.8
Valuation Ratios
P/S TTM	1.1	1.0
P/EBIT TTM	9.7	8.0
P/E TTM	12.5	10.1
Sector Ratios
P/S TTM (Sector)	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0
P/E TTM (Sector)	0.0	0.0

	ENS	S&P 500
REVENUE GROWTH	FAIR
Rev LTM ($ Bil)	3.7
Rev Chg Q	7.7%	7.1%
Rev Chg LTM	6.2%	6.1%
Rev Chg 3Y Avg	1.8%	5.5%
PROFITABILITY	FAIR
Op Inc LTM ($ Bil)	0.5
CFO LTM ($ Bil)	0.4
Net Inc LTM ($ Bil)	0.3
Op Mgn LTM	13.2%	18.8%
CFO/Rev LTM	11.7%	20.5%
Net Inc Mgn	9.1%	13.1%
VALUATION	LOW
P/S	1.1	3.2
P/CFO	9.7	15.8
P/FCF	12.9	20.5
P/E	12.5	23.5
STABILITY	GOOD
Debt/Equity	0.29	0.20
Cash/Assets	0.10	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Number of Customers	10,000+	8272025	Link
Backlog	1.3 billion USD	3312023	Link
Number of Patents	3160	11072025	Link

Upcoming
12/12/2025	Dividend	Amount: $0.26 Payment On: 12/26/2025
2/04/2026	Earnings Release	Rev: $932 Mil (E) EPS: $2.73 (E)

ENS Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

EnerSys (ENS) stock has seen significant movement around the specified timeframe, hitting new 52-week highs and experiencing substantial year-to-date gains in 2025. Here are key points explaining its performance:

1. EnerSys Reached New 52-Week Highs and Strong Year-to-Date Performance. Shares of EnerSys hit a new 52-week high, trading as high as $145.86 on December 3, 2025. The stock has gained 56.6% since the start of 2025, significantly outperforming the Zacks Industrial Products sector and the Zacks Manufacturing - Electronics industry.

2. Strong Earnings Beats and Increased Guidance. EnerSys consistently surpassed earnings expectations. In its Q3 2025 earnings report on November 5, 2025, the company reported $2.56 EPS, exceeding analyst consensus of $2.36. Revenue for the quarter was $951.30 million, also beating estimates. Management subsequently raised its full-year sales and earnings forecasts.

Stock Movement Drivers

Fundamental Drivers

The 44.8% change in ENS stock from 9/3/2025 to 12/3/2025 was primarily driven by a 45.5% change in the company's P/E Multiple.

	9032025	12032025	Change
Stock Price ($)	100.78	145.95	44.82%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3657.69	3725.30	1.85%
Net Income Margin (%)	9.60%	9.05%	-5.69%
P/E Multiple	11.14	16.20	45.47%
Shares Outstanding (Mil)	38.80	37.44	3.51%
Cumulative Contribution			44.64%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
ENS	44.8%
Market (SPY)	6.2%	60.3%
Sector (XLI)	2.9%	66.8%

Fundamental Drivers

The 71.6% change in ENS stock from 6/4/2025 to 12/3/2025 was primarily driven by a 76.0% change in the company's P/E Multiple.

	6042025	12032025	Change
Stock Price ($)	85.04	145.95	71.63%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3617.58	3725.30	2.98%
Net Income Margin (%)	10.05%	9.05%	-9.96%
P/E Multiple	9.20	16.20	76.02%
Shares Outstanding (Mil)	39.37	37.44	4.91%
Cumulative Contribution			71.21%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
ENS	71.6%
Market (SPY)	15.1%	60.8%
Sector (XLI)	7.6%	65.6%

Fundamental Drivers

The 52.8% change in ENS stock from 12/3/2024 to 12/3/2025 was primarily driven by a 22.3% change in the company's P/E Multiple.

	12032024	12032025	Change
Stock Price ($)	95.50	145.95	52.84%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3508.85	3725.30	6.17%
Net Income Margin (%)	8.25%	9.05%	9.74%
P/E Multiple	13.25	16.20	22.26%
Shares Outstanding (Mil)	40.17	37.44	6.79%
Cumulative Contribution			52.13%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
ENS	52.8%
Market (SPY)	14.3%	60.5%
Sector (XLI)	9.8%	63.9%

Fundamental Drivers

The 92.8% change in ENS stock from 12/4/2022 to 12/3/2025 was primarily driven by a 147.5% change in the company's Net Income Margin (%).

	12042022	12032025	Change
Stock Price ($)	75.72	145.95	92.75%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3549.44	3725.30	4.95%
Net Income Margin (%)	3.66%	9.05%	147.54%
P/E Multiple	23.77	16.20	-31.83%
Shares Outstanding (Mil)	40.74	37.44	8.11%
Cumulative Contribution			91.48%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
ENS	62.5%
Market (SPY)	53.2%	53.2%
Sector (XLI)	45.4%	59.3%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
ENS Return	12%	-4%	-6%	38%	-8%	58%	104%
Peers Return	33%	28%	-14%	9%	-10%	25%	80%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
ENS Win Rate	67%	67%	42%	50%	33%	70%
Peers Win Rate	62%	60%	40%	54%	44%	65%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
ENS Max Drawdown	-49%	-12%	-27%	-2%	-13%	-15%
Peers Max Drawdown	-48%	-8%	-32%	-17%	-30%	-27%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: RBC, VICR, HI, AIN, AIGO. See ENS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique Key	Event	ENS	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-44.2%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	79.1%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	323 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-50.9%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	103.8%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	236 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-39.3%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	64.6%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	502 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-84.0%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	523.2%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	813 days	1480 days

Compare to RBC, VICR, HI, AIN, AIGO

In The Past

EnerSys's stock fell -44.2% during the 2022 Inflation Shock from a high on 3/17/2021. A -44.2% loss requires a 79.1% gain to breakeven.

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About EnerSys (ENS)

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries. It also provides motive power products that are used to provide power for electric industrial forklifts used in manufacturing, warehousing, and other material handling applications, as well as mining equipment, diesel locomotive starting, and other rail equipment. In addition, the company offers specialty batteries for starting, lighting, and ignition applications in transportation; and energy solutions for satellites, military aircraft, submarines, ships, and other tactical vehicles, as well as medical and security systems. Further, it provides battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. The company sells its products through a network of distributors, independent representatives, and internal sales forces. The company was formerly known as Yuasa, Inc. and changed its name to EnerSys in January 2001. EnerSys was incorporated in 2000 and is headquartered in Reading, Pennsylvania.

AI Generated Analysis | Feedback

Here are 1-3 brief analogies for EnerSys:

EnerSys is like the Duracell or Energizer for industrial equipment, data centers, and telecommunications infrastructure.
EnerSys is like the Eaton or Schneider Electric of industrial batteries and power storage solutions.

AI Generated Analysis | Feedback

Motive Power Batteries: Advanced lead-acid (Thin Plate Pure Lead, flooded) and lithium-ion batteries used to power material handling equipment like forklifts and automated guided vehicles.
Reserve Power Batteries: Lead-acid (VRLA, flooded) and lithium-ion batteries providing backup power for telecommunications, data centers, utilities, and other critical infrastructure.
Specialty Batteries: High-performance batteries designed for demanding applications in aerospace, defense, medical devices, and heavy-duty vehicles.
Battery Chargers and Power Systems: A range of high-frequency chargers, DC power systems, rectifiers, and inverters that complement their battery solutions and provide comprehensive energy management.
Integrated Power Solutions: Complete systems combining batteries, chargers, power electronics, and battery management software for various industrial applications.
Battery Services: Comprehensive services including installation, preventative maintenance, monitoring, repair, and recycling programs for their battery and power system offerings.

AI Generated Analysis | Feedback

EnerSys (ENS) Major Customers

EnerSys (symbol: ENS) primarily sells its advanced stored energy solutions to other businesses (B2B) across a wide range of industrial applications globally. EnerSys explicitly states in its annual reports (e.g., 10-K filings) that it has a highly diversified customer base, and **no single customer accounted for 10% or more of its net sales** in recent fiscal years. Therefore, specific names of individual "major customer companies" that would typically be disclosed due to revenue concentration are not publicly identified. Instead, EnerSys serves a broad array of companies within the following key sectors, categorized by its main segments:

Motive Power Segment Customers: These customers primarily utilize batteries, chargers, and accessories for industrial lift trucks (forklifts), automated guided vehicles (AGVs), ground support equipment, mining equipment, and commercial vehicles. They operate across various industries, including:
- Manufacturing companies
- Distribution and logistics companies
- Retail chains with large warehousing operations
- Food and beverage companies
- Agriculture businesses
Reserve Power Segment Customers: These customers require highly reliable stationary battery solutions for backup power in critical applications. This segment includes:
- Telecommunications companies
- Utilities (electricity generation and distribution)
- Broadband and cable service providers
- Data centers
- Original Equipment Manufacturers (OEMs) that integrate EnerSys batteries into their products, such as uninterruptible power systems (UPS) manufacturers and switchgear manufacturers.
Specialty Segment Customers: This segment encompasses customers with specialized power needs for unique applications, including:
- Defense contractors and military organizations (for military aircraft, submarines, and tactical vehicles)
- Medical equipment manufacturers
- Commercial aircraft manufacturers and operators
- Satellite operators
- Other niche industrial applications

AI Generated Analysis | Feedback

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Shawn O'Connell President and Chief Executive Officer Shawn O'Connell has served as President and Chief Executive Officer of EnerSys since May 23, 2025. Prior to this role, he was President and Chief Operating Officer from November 2024 to May 2025. He has held various other senior leadership positions within EnerSys since joining the company in 2011, including President, Energy Systems Global, President, Motive Power Global, and President, Motive Power Americas. Mr. O'Connell began his career in the energy storage industry in 1997 and was first involved with EnerSys as an outside channel partner in 2003. He serves as a Director of several EnerSys subsidiaries, is Vice Chairman of the Board of Directors of Battery Council International, and is on the Board of Directors for the Association of European Automotive and Industrial Battery Manufacturers (EUROBAT). He holds a Master of Business Administration in International Business from the University of Redlands, CA, and a Bachelor of Arts in English Literature from California State University, San Bernardino. He is also a veteran of the U.S. Army's 82nd Airborne Division. Andrea J. Funk Executive Vice President and Chief Financial Officer Andrea (Andi) Funk has served as Executive Vice President and Chief Financial Officer of EnerSys since April 1, 2022. She joined EnerSys in December 2018 as Vice President Finance - Americas. Before joining EnerSys, Ms. Funk served as Chief Executive Officer for Cambridge Lee Industries LLC, an international manufacturing and distribution company, from 2013 to 2018, and as its Chief Financial Officer and Treasurer from 2011 to 2013. She is an independent director of Crown Holdings (NYSE: CCK) and serves on the Board of Directors of TouchPoint, Inc. Ms. Funk holds a Master of Business Administration degree from The Wharton School of Business and a Bachelor of Science degree in accounting from Villanova University, and was a certified public accountant. Her diverse experience includes leading business development, manufacturing, corporate finance (including restructuring loans and taking a company out of Chapter 11 bankruptcy), and C-suite leadership. Joern Tinnemeyer Chief Technology Officer Joern Tinnemeyer has been the Chief Technology Officer of EnerSys since 2017. He also serves as the Chairman at NaatBatt. Prior to his current role, he served as Vice President and Chief Technology Officer for the company. Philipp Michalsky Senior Vice President & Chief Information Officer Philipp Michalsky has been the Chief Information Officer of EnerSys since 2021. He previously served as a Director of IT for EnerSys' EMEA region from 2016 to 2021. Before joining EnerSys, Mr. Michalsky served as the Director of Business Systems at Jacob Holm & Sons. Mark Matthews President, Specialty, Global Mark Matthews serves as the President, Specialty, Global at EnerSys. He is also listed as Senior Vice President in other sources.

AI Generated Analysis | Feedback

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AI Generated Analysis | Feedback

EnerSys (ENS) operates in several key markets for its industrial stored energy solutions:

Motive Power: This segment focuses on batteries and charging systems for electric forklifts, mining equipment, and other commercial and industrial electric-powered vehicles.
- The global addressable market for motive power is estimated at approximately $6.8 billion (as of March 2025, for FY24).
- The global motive power battery market size was valued at USD 14.7 billion in 2024 and is projected to reach USD 29.72 billion by 2032.
- In North America, motive power sales exceeded $1.2 billion in 2022 and are forecasted to reach about $1.5 billion by 2025.
Energy Systems (Reserve Power): This segment provides integrated power solutions, including uninterruptible power systems (UPS), large-scale energy storage, and thermally managed enclosures, for critical infrastructure such as data centers, telecommunications networks, industrial facilities, and electric utilities.
- EnerSys estimates the total addressable market for its Energy Systems segment to be $20 billion (as of February 2025).
- The global reserve power battery market was valued at USD 51.5 billion in 2023 and is projected to reach USD 248.6 billion by 2031.
Specialty Systems: This line of business delivers mission-critical energy storage solutions for demanding applications, including high-performance automotive, over-the-road trucks, satellites, spacecraft, commercial aircraft, and military/defense systems.
- The global specialty battery market size was valued at USD 2.97 billion in 2024 and is expected to reach USD 5.24 billion by 2034. Other reports indicate the global specialty battery market was USD 3.6 billion in 2024, expected to reach USD 3.8 billion in 2025, or USD 99.4 billion in 2024, predicted to reach around USD 228.91 billion by 2034.
- The North America specialty battery market size was estimated at USD 1.10 billion in 2024 and is expected to reach around USD 1.93 billion by 2034.
- The Asia-Pacific specialty battery market was valued at USD 0.74 billion in 2024 and is projected to hit around USD 1.30 billion by 2034.
- The LAMEA (Latin America, Middle East, and Africa) specialty battery market was valued at USD 0.32 billion in 2024 and is anticipated to reach around USD 0.56 billion by 2034.

AI Generated Analysis | Feedback

EnerSys (ENS) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

Growth in Data Center and Communications Markets: EnerSys anticipates continued revenue growth from its Energy Systems segment, fueled by robust demand in data centers and a recovery in the U.S. communications market. This growth is driven by global megatrends such as digitization, electrification, and automation, which necessitate reliable energy solutions for infrastructure upgrades and the expansion of digital infrastructure, including artificial intelligence (AI) applications.
Strategic Acquisitions: Acquisitions, such as that of Bren-Tronics, are contributing significantly to EnerSys's revenue, particularly within the Specialty segment. This integration is boosting sales and expanding the company's offerings in critical areas.
Expansion of Lithium-ion Product Portfolio and Production: EnerSys is actively investing in and expanding its lithium-ion product offerings, including plans for a domestic lithium-ion gigafactory. The increasing sales of lithium products are expected to be a substantial driver of future revenue as the company caters to the growing demand for advanced energy storage solutions.
Demand for Advanced Motive Power Solutions: The Motive Power segment is poised for growth due to the strong market appetite for automation, electrification, and decarbonization. EnerSys's proprietary maintenance-free and wireless charging solutions are specifically designed to meet these evolving customer needs, contributing to revenue expansion in this area.
Strength in Aerospace and Defense: The Specialty segment is experiencing robust demand, particularly from the aerospace and defense sectors. This sustained strength is expected to continue driving revenue growth for EnerSys.

AI Generated Analysis | Feedback

Share Repurchases

EnerSys's Board of Directors approved a $1 billion increase to its stock repurchase authorization in August 2025, to be executed over the next five years, bringing the total outstanding authorization to $1.06 billion.
The company returned $192 million to shareholders through share repurchases and dividends in fiscal year 2025, including $40.0 million in share repurchases during the fourth quarter of fiscal 2025.
In the first six months of fiscal year 2026, EnerSys repurchased $67.7 million in shares, and an additional $37 million in October 2025, leaving $958 million remaining in the buyback authorization as of November 4, 2025.

Share Issuance

EnerSys issued 383,834 shares under equity-based compensation plans, net of equity awards surrendered for option price and taxes, as of September 28, 2025.
As of March 31, 2025, the company had 56,839,590 shares issued.

Outbound Investments

EnerSys completed the all-cash acquisition of Bren-Tronics for approximately $208 million in July 2024.
The acquisition of Bren-Tronics expands EnerSys' presence in the defense market and strengthens its lithium product offerings.

Capital Expenditures

Capital expenditures totaled approximately $121 million in fiscal year 2025 and cumulatively around $320 million from fiscal years 2021 to 2024, focusing on continued Thin Plate Pure Lead (TPPL) capacity investments and end-to-end solutions.
For the first six months of fiscal year 2026, capital expenditures were $53.9 million.
EnerSys plans to invest $6.7 million to expand operations in Sumter County, South Carolina, and $4.5 million to expand flooded lead battery production capacity in its Bielsko-Biala, Poland facility, both aimed at meeting demand for lithium, flooded, and TPPL battery products.

Better Bets than EnerSys (ENS)

	ENS	Better Performance than ENS
Metric	Value	INDUSTRY: Electrical Components & Equipment
Rev Chg LTM	6.2%	BE (44.5%), VRT (28.8%), NVT (21.5%), NXT (20.4%), ETN (8.2%)
Rev Chg 3Y Avg	1.8%	EMR (24.9%), VRT (21.4%), ETN (9.7%), AME (5.9%), ROK (3.2%)
Op Mgn LTM	13.2%	AME (26.2%), ETN (19.0%), EMR (18.8%), VRT (18.0%), ROK (15.5%)
CFO/Rev LTM	11.7%	AME (24.7%), ROK (18.9%), EMR (17.8%), VRT (16.1%), ETN (15.4%)
FCF/Rev LTM	8.8%	AME (22.9%), ROK (16.4%), EMR (15.4%), VRT (14.1%), ETN (12.5%)
Total Yield	8.9%	PPSI (162.4%), APWC (11.9%)
P/S	1.1	KE (0.5), EAF (0.6), ATKR (0.8), FCEL (0.9), TE (1.0)
P/Op Inc	8.6	APWC (3.6), ATKR (7.6)

	ENS	Better Performance than ENS
Metric	Value	SECTOR: Industrials
Rev Chg LTM	6.2%	UBER (18.2%), GE (17.7%), BA (10.2%), GEV (9.4%), RTX (8.8%)
Rev Chg 3Y Avg	1.8%	UBER (19.6%), GE (15.7%), BA (10.1%), RTX (9.4%), CAT (5.8%)
Op Mgn LTM	13.2%	UNP (40.6%), GE (20.5%), DE (20.0%), ETN (19.0%), CAT (18.2%)
CFO/Rev LTM	11.7%	UNP (39.6%), UBER (18.1%), CAT (18.0%), GE (17.2%), ETN (15.4%)
FCF/Rev LTM	8.8%	UNP (24.5%), UBER (17.5%), GE (14.7%), ETN (12.5%), CAT (12.3%)
Total Yield	8.9%	UPS (15.4%), CNI (11.6%), FDX (10.2%), PCAR (9.6%), CARR (9.3%)
P/S	1.1	UAL (0.5), DAL (0.6), FDX (0.6), UPS (0.8), CHRW (1.0)
P/Op Inc	8.6	UAL (6.0), DAL (6.1), LTM (6.6), WCC (8.5), UPS (8.6)

	ENS	Better Performance than ENS
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	6.2%	NVDA (71.6%), AVGO (28.0%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%)
Rev Chg 3Y Avg	1.8%	NVDA (92.0%), MSFT (13.2%), AMZN (11.3%), GOOGL (11.0%), AAPL (1.8%)
Op Mgn LTM	13.2%	NVDA (58.1%), MSFT (46.3%), AVGO (39.0%), GOOGL (32.2%), AAPL (31.9%)
CFO/Rev LTM	11.7%	MSFT (50.0%), NVDA (46.6%), GOOGL (39.3%), AAPL (26.6%), AMZN (18.1%)
FCF/Rev LTM	8.8%	NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	8.9%	MRK (13.0%), T (11.0%), RY (10.3%), XOM (10.3%), WFC (9.9%)
P/S	1.1	CVS (0.2), MCK (0.2), UNH (0.7), CMCSA (0.9), WMT (1.1)
P/Op Inc	8.6	VZ (5.9), BUD (7.7), BMY (8.0), BN (8.1), T (8.3)

		Best Bets In Industrials Sector
	ENS
What You Pay
P/E	12.5
P/EBIT	9.7
What You Get
Rev Chg Q	7.7%
Rev Chg LTM	6.2%
Rev Chg 3Y Avg	1.8%
FCF/Rev 3Y Avg	8.8%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	With EnerSys Stock Surging, Have You Considered The Downside?	Return
2	EnerSys vs Barrick Mining: Which Is A Better Investment?	Counter-Intuitive Comparisons
3	EnerSys vs Owens-Corning: Which Is A Better Investment?	Counter-Intuitive Comparisons
4	How Does EnerSys Stock Stack Up Against Its Peers?	Peer Comparison
5	Better Bet Than ENS Stock: Pay Less Than EnerSys To Get More From PCG, EIX
6	ENS Dip Buy Analysis
7	EnerSys Total Shareholder Return (TSR): -1.4% in 2025 and 8.9% 3-yr compounded annual returns (above peer average)
8	EnerSys (ENS) Operating Cash Flow Comparison	Financials
9	EnerSys (ENS) Net Income Comparison	Financials
10	EnerSys (ENS) Operating Income Comparison	Financials
11	ARTICLES
12	Small Cap Stocks Trading At 52-Week High		November 11th, 2025
13	Small Cap Stocks Trading At 52-Week High		November 7th, 2025
14	Small Cap Stocks Trading At 52-Week High		September 9th, 2025
15	Small Cap Stocks Trading At 52-Week High		September 6th, 2025
16	Which Stocks Can Offer Better Returns Compared To Corning?		July 1st, 2021

	Title
0	DASHBOARDS
1	With EnerSys Stock Surging, Have You Considered The Downside?
2	EnerSys vs Barrick Mining: Which Is A Better Investment?
3	EnerSys vs Owens-Corning: Which Is A Better Investment?
4	How Does EnerSys Stock Stack Up Against Its Peers?
5	Better Bet Than ENS Stock: Pay Less Than EnerSys To Get More From PCG, EIX
6	ENS Dip Buy Analysis
7	EnerSys Total Shareholder Return (TSR): -1.4% in 2025 and 8.9% 3-yr compounded annual returns (above peer average)
8	EnerSys (ENS) Operating Cash Flow Comparison
9	EnerSys (ENS) Net Income Comparison
10	EnerSys (ENS) Operating Income Comparison
11	ARTICLES
12	Small Cap Stocks Trading At 52-Week High
13	Small Cap Stocks Trading At 52-Week High
14	Small Cap Stocks Trading At 52-Week High
15	Small Cap Stocks Trading At 52-Week High
16	Which Stocks Can Offer Better Returns Compared To Corning?

Trade Ideas

Select past ideas related to ENS. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	7.3%	7.3%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.3%	2.3%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	4.8%	4.8%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	1.6%	1.6%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	2.2%	2.2%	0.0%
ENS_3312020_Dip_Buyer_2_Growing_With_High_FCF_Yield	03312020	ENS	EnerSys	Dip Buy	DB \| Growth \| FCF YieldDip Buy with Growth and High Free Cash Flow Yield Buying dips for companies with growth, and significant free cash flow yield (FCF / Market Cap)	36.5%	85.0%	-12.1%
ENS_8312019_Dip_Buyer_FCFYield	08312019	ENS	EnerSys	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	10.5%	33.0%	-31.1%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	7.3%	7.3%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.3%	2.3%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	4.8%	4.8%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	1.6%	1.6%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	2.2%	2.2%	0.0%
ENS_3312020_Dip_Buyer_2_Growing_With_High_FCF_Yield	03312020	ENS	EnerSys	Dip Buy	DB \| Growth \| FCF YieldDip Buy with Growth and High Free Cash Flow Yield Buying dips for companies with growth, and significant free cash flow yield (FCF / Market Cap)	36.5%	85.0%	-12.1%
ENS_8312019_Dip_Buyer_FCFYield	08312019	ENS	EnerSys	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	10.5%	33.0%	-31.1%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for EnerSys

Peers to compare with:

Financials

	ENS	RBC	VICR	HI	AIN	AIGO	Median
Name	EnerSys	RBC Bear.	Vicor	Hillenbr.	Albany I.	Aigo
Mkt Price	145.95	438.15	92.82	31.84	48.02	-	92.82
Mkt Cap	5.5	13.8	4.2	2.3	1.4	-	4.2
Rev LTM	3,725	1,723	442	2,859	1,149	-	1,723
Op Inc LTM	490	396	75	174	-26	-	174
FCF LTM	327	305	117	113	89	-	117
FCF 3Y Avg	325	258	55	98	83	-	98
CFO LTM	435	362	134	155	157	-	157
CFO 3Y Avg	429	303	83	153	169	-	169

Growth & Margins

	ENS	RBC	VICR	HI	AIN	AIGO	Median
Name	EnerSys	RBC Bear.	Vicor	Hillenbr.	Albany I.	Aigo
Rev Chg LTM	6.2%	8.3%	24.2%	-8.0%	-9.4%	-	6.2%
Rev Chg 3Y Avg	1.8%	8.6%	6.0%	17.8%	5.1%	-	6.0%
Rev Chg Q	7.7%	14.4%	18.5%	-23.9%	-12.4%	-	7.7%
QoQ Delta Rev Chg LTM	1.8%	3.4%	4.1%	-6.2%	-3.1%	-	1.8%
Op Mgn LTM	13.2%	22.9%	17.1%	6.1%	-2.2%	-	13.2%
Op Mgn 3Y Avg	11.5%	23.6%	11.4%	8.5%	8.3%	-	11.4%
QoQ Delta Op Mgn LTM	0.1%	-0.9%	3.0%	-0.7%	-11.9%	-	-0.7%
CFO/Rev LTM	11.7%	21.0%	30.3%	5.4%	13.7%	-	13.7%
CFO/Rev 3Y Avg	11.7%	18.7%	20.2%	5.4%	14.3%	-	14.3%
FCF/Rev LTM	8.8%	17.7%	26.6%	3.9%	7.8%	-	8.8%
FCF/Rev 3Y Avg	8.8%	15.9%	13.2%	3.5%	6.9%	-	8.8%

Valuation

	ENS	RBC	VICR	HI	AIN	AIGO	Median
Name	EnerSys	RBC Bear.	Vicor	Hillenbr.	Albany I.	Aigo
Mkt Cap	5.5	13.8	4.2	2.3	1.4	-	4.2
P/S	1.1	7.1	5.0	0.5	1.3	-	1.3
P/EBIT	9.7	31.8	29.5	9.1	-56.9	-	9.7
P/E	12.5	47.4	27.0	-78.9	-28.9	-	12.5
P/CFO	9.7	34.0	16.6	9.2	9.8	-	9.8
Total Yield	8.9%	2.1%	3.7%	3.2%	-1.3%	-	3.2%
Dividend Yield	0.9%	0.0%	0.0%	4.4%	2.1%	-	0.9%
FCF Yield 3Y Avg	8.1%	2.9%	2.5%	4.4%	3.8%	-	3.8%
D/E	0.3	0.1	0.0	1.2	0.3	-	0.3
Net D/E	0.2	0.1	-0.2	1.1	0.2	-	0.2

Returns

	ENS	RBC	VICR	HI	AIN	AIGO	Median
Name	EnerSys	RBC Bear.	Vicor	Hillenbr.	Albany I.	Aigo
1M Rtn	16.2%	2.3%	-0.6%	0.7%	-14.9%	-	0.7%
3M Rtn	44.8%	14.2%	83.8%	29.5%	-20.9%	-	29.5%
6M Rtn	71.6%	16.1%	110.0%	62.5%	-27.2%	-	62.5%
12M Rtn	52.8%	28.5%	66.5%	-3.1%	-41.3%	-	28.5%
3Y Rtn	92.8%	90.9%	75.7%	-35.1%	-52.2%	-	75.7%
1M Excs Rtn	16.2%	2.3%	-0.5%	0.7%	-14.9%	-	0.7%
3M Excs Rtn	36.6%	6.7%	73.5%	19.3%	-28.6%	-	19.3%
6M Excs Rtn	56.9%	1.3%	95.3%	47.8%	-41.9%	-	47.8%
12M Excs Rtn	39.0%	17.2%	60.9%	-16.5%	-54.7%	-	17.2%
3Y Excs Rtn	31.4%	13.7%	8.2%	-101.7%	-123.2%	-	8.2%

Comparison Analyses

	Title
0	How Does EnerSys Stock Stack Up Against Its Peers?
1	EnerSys vs ServiceNow: Similar Income; Which Stock Is A Better Bet?
2	EnerSys vs Regal Beloit: Industry Peers; Which Stock Is A Better Bet?
3	EnerSys vs Nevro: Similar Market Cap; Which Stock Is A Better Bet?
4	EnerSys vs Roku: Similar Income; Which Stock Is A Better Bet?
5	EnerSys vs IDEXX Laboratories: Similar Revenue; Which Stock Is A Better Bet?
6	EnerSys vs Franklin Electric: Similar Market Cap; Which Stock Is A Better Bet?
7	EnerSys vs Align Technology: Similar Revenue; Which Stock Is A Better Bet?
8	EnerSys vs Emerson Electric Company: Industry Peers; Which Stock Is A Better Bet?
9	EnerSys vs Grand Canyon Education: Similar Market Cap; Which Stock Is A Better Bet?

Financials

Annual
Quarterly

$ Mil \| FY: 3/31	LTM	2025	2024	2023	2022	2021	2020
Period End	9/28/2025	3/31/2025	3/31/2024	3/31/2023	3/31/2022	3/31/2021	3/31/2020
Filing Date	11/5/2025	5/21/2025	5/22/2024	5/24/2023	5/25/2022	5/26/2021	6/1/2020
Key Financials
Total Revenue	3,725	3,618	3,582	3,709	3,357	2,978	3,088
EBITDA	543	559	434	361	308	303	278
Operating Income	490	484	393	295	229	257	255
Net Income	337	364	269	176	144	143	137
EPS	8.68	9.15	6.62	4.31	3.42	3.37	3.23
Growth Rates
Total Revenue Growth	6.2%	1.0%	-3.4%	10.5%	12.7%	-3.6%	10.0%
EBITDA Growth	20.7%	28.7%	20.2%	17.5%	1.6%	8.9%	0.6%
Operating Income Growth	22.4%	23.0%	33.2%	28.9%	-10.7%	0.6%	1.4%
Net Income Growth	16.5%	35.2%	53.1%	22.2%	0.4%	4.6%	-14.4%
Margins
EBITDA Margin	14.6%	15.4%	12.1%	9.7%	9.2%	10.2%	9.0%
Operating Income Margin	13.2%	13.4%	11.0%	8.0%	6.8%	8.6%	8.3%
Net Income Margin	9.1%	10.1%	7.5%	4.7%	4.3%	4.8%	4.4%
Cash & Debt
Total Cash	389	343	333	347	402	452	327
Total Debt	1,213	1,202	914	1,094	1,371	1,069	1,224
Net Debt / (Cash)	825	859	581	748	969	617	897
Cash Flows
Net Cash from Operations	435	260	457	280	-66	358	253
Free Cash from Operations	327	139	371	191	-140	288	152
Returns to Shareholders
Dividends	38	37	34	29	29	30	30
Share Repurchases	297	154	96	23	156	-0	35

$ Mil \| FY: 3/31	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3
Period End	9/28/2025	6/29/2025	3/31/2025	12/29/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	10/1/2023	7/2/2023	3/31/2023	1/1/2023
Filing Date	11/5/2025	8/6/2025	5/21/2025	2/5/2025	11/6/2024	8/7/2024	5/22/2024	2/7/2024	11/8/2023	8/9/2023	5/24/2023	2/8/2023
Key Financials Quarterly
Total Revenue	951	893	975	906	884	853	911	862	901	909	990	920
Ebitda	117	104	156	167	122	114	101	113	108	111	113	98
Operating Income	113	92	141	144	102	97	97	105	96	96	100	79
Net Income	68	57	97	115	82	70	61	76	65	67	66	44
EPS	1.83	1.48	2.45	2.92	2.05	1.74	1.51	1.88	1.59	1.63	1.61	1.09
Key Financials TTM
Total Revenue TTM	3,725	3,658	3,618	3,553	3,509	3,526	3,582	3,661	3,720	3,718	3,709	3,626
Ebitda TTM	543	549	559	504	450	437	434	446	430	401	361	320
Operating Income TTM	490	479	484	440	401	395	393	396	371	333	295	250
Net Income TTM	337	351	364	328	289	272	269	274	242	212	176	138
Growth Rates Quarterly
Total Revenue Growth	7.7%	4.7%	7.0%	5.2%	-1.9%	-6.1%	-8.0%	-6.4%	0.2%	1.1%	9.1%	9.0%
EBITDA Growth	-4.3%	-8.8%	54.0%	47.3%	12.7%	2.1%	-10.5%	15.8%	37.8%	54.9%	57.2%	27.9%
Operating Income Growth	11.3%	-5.1%	45.4%	37.4%	6.0%	1.6%	-3.0%	32.0%	66.6%	63.8%	84.3%	47.9%
Net Income Growth	-16.8%	-18.0%	58.5%	50.8%	26.1%	5.0%	-7.6%	71.5%	89.2%	115.6%	134.8%	22.5%
Margins Quarterly
EBITDA Margin	12.3%	11.6%	16.0%	18.4%	13.8%	13.4%	11.1%	13.2%	12.0%	12.3%	11.4%	10.6%
Operating Income Margin	11.9%	10.3%	14.5%	15.9%	11.5%	11.4%	10.7%	12.2%	10.6%	10.5%	10.1%	8.6%
Net Income Margin	7.2%	6.4%	9.9%	12.7%	9.3%	8.2%	6.7%	8.8%	7.2%	7.4%	6.7%	4.8%
Cash & Debt
Total Cash	389	347	343	463	408	344	333	333	328	258	347	298
Total Debt	1,213	1,299	1,202	1,303	1,233	897	914	912	980	939	1,094	1,137
Net Debt / (Cash)	825	952	859	839	825	553	581	579	653	680	748	839
Cash Flows Quarterly
FCF from Operations	218	1	135	81	34	10	137	135	111	75	144	206
Cash Flows TTM
FCF from Operations TTM	435	251	260	262	315	392	457	464	536	427	280	148
Returns to Shareholders Quarterly
Dividends	10	9	9	9	10	9	9	9	9	7	7	7
Share Repurchases	68	150	40	39	64	12	13	35	47	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	49.1%	34.0%	54.5%	62.1%	48.2%	62.2%	61.1%	70.0%	52.2%	51.1%	46.5%	29.0%
Return on Invested Capital (ROIC) TTM
ROIC TTM	52.1%	44.9%	50.4%	48.2%	45.5%	65.3%	62.3%	62.2%	49.1%	41.8%	33.0%	23.6%

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Energy Systems	1,590	1,738	1,537	1,380	1,357
Motive power	1,456	1,451	1,361	1,164	1,348
Specialty	536	519	459	434	382
Corporate and other	0
Total	3,582	3,709	3,357	2,978	3,088

Operating Income by Segment

$ Mil	2025	2024	2023	2022	2021
Motive power	201	180	170	144	147
Corporate and other	117	17
Specialty	18	40	43	46	42
Energy Systems	15	90	19	67	68
Amortization - Energy Systems		-27
Amortization - Motive Power		-0
Amortization - Specialty		-3
Impairment of indefinite-lived intangibles - Energy Systems		-0	-1
Impairment of indefinite-lived intangibles - Motive Power		0	-1
Impairment of indefinite-lived intangibles - Specialty		-0	0
Inventory adjustment relating to exit activities - Energy Systems		0	-0
Inventory adjustment relating to exit activities - Motive Power		-1	-2
Inventory adjustment relating to exit activities - Specialty		0
Legal proceedings charge, net - Energy Systems		0
Loss on assets held for sale - Motive Power		0	-3
Other - Energy Systems		-1
Other - Motive Power		-1
Other - Specialty		-0
Restructuring and other exit charges - Energy Systems		-1	-3	-3	-7
Restructuring and other exit charges - Motive Power		-13	-17	-37	-2
Restructuring and other exit charges - Specialty		-2	1	-0	-6
Impairment of goodwill			0		-40
Inventory step up to fair value relating to acquisitions - Specialty			0		-2
Production tax credits from IRA 45X			0
Fixed asset write-off relating to exit activities - Specialty					-0
Fixed asset write-off relating to exit activities and other - Energy Systems					-0
Fixed asset write-off relating to exit activities and other - Motive Power					-5
Impairment of indefinite-lived intangibles					-5
Inventory step up to fair value relating to acquisitions - Energy Systems					-0
Total	352	278	206	216	190

Price Behavior

Price Behavior

Market Price	$145.95
Market Cap ($ Bil)	5.5
First Trading Date	08/02/2004
Distance from 52W High	0.0%
	50 Days	200 Days
DMA Price	$125.96	$101.20
DMA Trend	up	up
Distance from DMA	15.9%	44.2%
	3M	1YR
Volatility	28.5%	35.0%
Downside Capture	88.65	96.72
Upside Capture	236.54	125.79
Correlation (SPY)	59.0%	60.5%

ENS Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.36	1.36	1.39	1.51	1.07	1.12
Up Beta	0.61	0.98	1.33	1.62	1.10	1.23
Down Beta	1.36	1.22	1.19	1.49	1.00	1.04
Up Capture	287%	261%	257%	241%	143%	132%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	13	26	38	73	135	394
Down Capture	88%	92%	88%	97%	98%	101%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	6	15	23	51	112	354

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of ENS With Other Asset Classes (Last 1Y)
	ENS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	53.2%	8.9%	15.3%	58.9%	4.6%	-5.8%	-3.1%
Annualized Volatility	34.9%	18.9%	19.7%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	1.27	0.32	0.60	2.26	0.09	-0.48	0.04
Correlation With Other Assets		63.8%	60.4%	2.9%	23.4%	45.9%	23.1%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of ENS With Other Asset Classes (Last 5Y)
	ENS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	12.8%	13.1%	15.0%	17.9%	11.9%	4.9%	37.1%
Annualized Volatility	33.2%	17.2%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	0.43	0.61	0.71	0.93	0.52	0.17	0.64
Correlation With Other Assets		66.6%	61.6%	9.4%	16.5%	51.3%	24.7%

Based On 10-Year Data

		Comparison of ENS With Other Asset Classes (Last 10Y)
	ENS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	10.6%	12.8%	14.5%	14.2%	5.6%	5.4%	76.3%
Annualized Volatility	35.9%	19.9%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.39	0.57	0.69	0.79	0.25	0.23	0.95
Correlation With Other Assets		70.5%	65.8%	2.8%	28.0%	53.1%	17.7%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	873,118
Short Interest: % Change Since 10312025	-6.1%
Average Daily Volume	570,547
Days-to-Cover Short Interest	1.53
Basic Shares Quantity	37,436,456
Short % of Basic Shares	2.3%

Returns Analyses

	Title
0	With EnerSys Stock Surging, Have You Considered The Downside?
1	EnerSys Stock Return Comparison
2	EnerSys Total Shareholder Return (TSR): 17.4% in 2023 and 21.6% 3-yr returns (above peer average)
3	EnerSys (ENS) Stock Return: AI Predicts ENS Average and Excess Return After a Fall or Rise

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	11052025	10-Q 9/28/2025
6302025	8062025	10-Q 6/29/2025
3312025	5212025	10-K 3/31/2025
12312024	2052025	10-Q 12/29/2024
9302024	11062024	10-Q 9/29/2024
6302024	8072024	10-Q 6/30/2024
3312024	5222024	10-K 3/31/2024
12312023	2072024	10-Q 12/31/2023
9302023	11082023	10-Q 10/1/2023
6302023	8092023	10-Q 7/2/2023
3312023	5242023	10-K 3/31/2023
12312022	2082023	10-Q 1/1/2023
9302022	11092022	10-Q 10/2/2022
6302022	8102022	10-Q 7/3/2022
3312022	5252022	10-K 3/31/2022
12312021	2092022	10-Q 1/2/2022

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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EnerSys (ENS)

Market Price (12/4/2025): $145.96 | Market Cap: $5.5 BilSector: Industrials | Industry: Electrical Components & Equipment

EnerSys (ENS)

Market Price (12/4/2025): $145.96Market Cap: $5.5 BilSector: IndustrialsIndustry: Electrical Components & Equipment

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ENS Stock

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Market Price (12/4/2025): $145.96 | Market Cap: $5.5 Bil
Sector: Industrials | Industry: Electrical Components & Equipment

Market Price (12/4/2025): $145.96
Market Cap: $5.5 Bil
Sector: Industrials
Industry: Electrical Components & Equipment