Tearsheet

EnerSys (ENS)


Market Price (11/5/2025): $122.0 | Market Cap: $4.7 Bil
Sector: Industrials | Industry: Electrical Components & Equipment

EnerSys (ENS)


Market Price (11/5/2025): $122.0
Market Cap: $4.7 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 8.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.7%
Trading close to highs
Dist 52W High is -2.4%, Dist 3Y High is -2.4%
 
1 Low stock price volatility
Vol 12M is 35%
Weak multi-year price returns
2Y Excs Rtn is -15%
 
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.7%
1 Low stock price volatility
Vol 12M is 35%
2 Trading close to highs
Dist 52W High is -2.4%, Dist 3Y High is -2.4%
3 Weak multi-year price returns
2Y Excs Rtn is -15%

Market Valuation & Key Metrics

ENS Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
ENS Return12%-4%-6%38%-8%34%78%
Peers Return27%22%-25%33%16%13%103%
S&P 500 Return16%27%-19%24%23%15%112%

Monthly Win Rates [3]
ENS Win Rate67%67%42%50%33%70% 
Peers Win Rate50%60%38%50%52%58% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
ENS Max Drawdown-49%-12%-27%-2%-13%-15% 
Peers Max Drawdown-39%-7%-40%-21%-26%-28% 
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, ADSE. 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 11/4/2025 (YTD)

How Low Can It Go

Unique KeyEventENSS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-44.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven79.1%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven323 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-50.9%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven103.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven236 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-39.3%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven64.6%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven502 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-84.0%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven523.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven813 days1480 days

Compare to RBC, VICR, HI, AIN, ADSE


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.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About EnerSys (ENS)

Better Bets than EnerSys (ENS)

Latest Trefis Analyses

Trade Ideas

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

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GEO_10312025_Dip_Buyer_FCFYield10312025GEOGEODip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-0.9%-0.9%-0.9%
RUN_10312025_Short_Squeeze10312025RUNSunrunSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-3.8%-3.8%-3.8%
PLPC_10312025_Quality_Momentum_RoomToRun_10%10312025PLPCPreformed Line ProductsQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
-0.4%-0.4%-0.4%
VRSK_10172025_Monopoly_xInd_xCD_Getting_Cheaper10172025VRSKVerisk AnalyticsMonopolyMY | 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
-7.3%-7.3%-10.5%
CARR_10102025_Dip_Buyer_ValueBuy10102025CARRCarrier GlobalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
2.5%2.5%-0.8%
ENS_3312020_Dip_Buyer_2_Growing_With_High_FCF_Yield03312020ENSEnerSysDip BuyDB | 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_FCFYield08312019ENSEnerSysDip BuyDB | 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 KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GEO_10312025_Dip_Buyer_FCFYield10312025GEOGEODip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-0.9%-0.9%-0.9%
RUN_10312025_Short_Squeeze10312025RUNSunrunSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-3.8%-3.8%-3.8%
PLPC_10312025_Quality_Momentum_RoomToRun_10%10312025PLPCPreformed Line ProductsQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
-0.4%-0.4%-0.4%
VRSK_10172025_Monopoly_xInd_xCD_Getting_Cheaper10172025VRSKVerisk AnalyticsMonopolyMY | 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
-7.3%-7.3%-10.5%
CARR_10102025_Dip_Buyer_ValueBuy10102025CARRCarrier GlobalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
2.5%2.5%-0.8%
ENS_3312020_Dip_Buyer_2_Growing_With_High_FCF_Yield03312020ENSEnerSysDip BuyDB | 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_FCFYield08312019ENSEnerSysDip BuyDB | 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

Recent Active Movers

More From Trefis

Peer Comparisons for EnerSys

Financials

ENSRBCVICRHIAINADSEMedian
NameEnerSys RBC Bear.Vicor Hillenbr.Albany I.ADS-TEC . 
Mkt Price123.11427.2488.3631.5755.0610.2071.71
Mkt Cap4.813.54.02.21.7-4.0
Rev LTM3,6581,7234422,8591,206-1,723
Op Inc LTM47939675174134-174
FCF LTM133305117113141-133
FCF 3Y Avg255258559880-98
CFO LTM251362134155211-211
CFO 3Y Avg35730383153167-167

Growth & Margins

ENSRBCVICRHIAINADSEMedian
NameEnerSys RBC Bear.Vicor Hillenbr.Albany I.ADS-TEC . 
Rev Chg LTM3.7%8.3%24.2%-8.0%1.2%-3.7%
Rev Chg 3Y Avg2.2%8.6%6.0%17.8%8.4%-8.4%
Rev Chg Q4.7%14.4%18.5%-23.9%-7.8%-4.7%
QoQ Delta Rev Chg LTM1.1%3.4%4.1%-6.2%-2.0%-1.1%
Op Mgn LTM13.1%22.9%17.1%6.1%11.1%-13.1%
Op Mgn 3Y Avg11.1%23.6%11.4%8.5%14.1%-11.4%
QoQ Delta Op Mgn LTM-0.3%-0.9%3.0%-0.7%-0.6%--0.6%
CFO/Rev LTM6.9%21.0%30.3%5.4%17.5%-17.5%
CFO/Rev 3Y Avg9.8%18.7%20.2%5.4%14.4%-14.4%
FCF/Rev LTM3.6%17.7%26.6%3.9%11.7%-11.7%
FCF/Rev 3Y Avg7.0%15.9%13.2%3.5%6.7%-7.0%

Valuation

ENSRBCVICRHIAINADSEMedian
NameEnerSys RBC Bear.Vicor Hillenbr.Albany I.ADS-TEC . 
Mkt Cap4.813.54.02.21.7-4.0
P/S1.37.89.00.81.4-1.4
P/EBIT10.734.852.514.413.1-14.4
P/E13.651.948.0-124.221.8-21.8
P/CFO19.037.229.514.48.0-19.0
Total Yield8.1%1.9%2.1%2.0%6.5%-2.1%
Dividend Yield0.8%0.0%0.0%2.8%1.9%-0.8%
FCF Yield 3Y Avg6.2%2.9%2.5%4.4%3.4%-3.4%
D/E0.30.10.00.80.2-0.2
Net D/E0.20.1-0.10.70.2-0.2

Returns

ENSRBCVICRHIAINADSEMedian
NameEnerSys RBC Bear.Vicor Hillenbr.Albany I.ADS-TEC . 
1M Rtn7.3%14.2%80.2%17.7%-0.6%-11.1%10.8%
3M Rtn35.0%5.8%88.4%56.1%-8.0%-8.1%20.4%
6M Rtn38.0%25.1%113.6%63.0%-12.8%-23.3%31.6%
12M Rtn27.8%49.9%88.4%17.0%-20.5%-26.6%22.4%
3Y Rtn91.0%73.7%82.4%-21.7%-40.4%102.9%78.1%
1M Excs Rtn5.7%13.6%76.4%17.8%-2.2%-10.8%9.7%
3M Excs Rtn28.7%-1.1%84.8%55.9%-16.3%-17.5%13.8%
6M Excs Rtn17.3%4.3%92.9%42.2%-33.6%-44.0%10.8%
12M Excs Rtn9.7%33.7%74.6%0.2%-36.4%-47.6%4.9%
3Y Excs Rtn20.2%-5.2%3.3%-96.0%-110.6%6.9%-1.0%

Financials

Segment Financials

Revenue by Segment

$ Mil20252024202320222021
Energy Systems1,5901,7381,5371,3801,357
Motive power1,4561,4511,3611,1641,348
Specialty536519459434382
Corporate and other00   
Total3,5823,7093,3572,9783,088


Operating Income by Segment
$ Mil20252024202320222021
Motive power201165170144147
Corporate and other11717   
Specialty1835434642
Energy Systems1561196768
Impairment of goodwill  00-40
Impairment of indefinite-lived intangibles - Energy Systems  -10 
Impairment of indefinite-lived intangibles - Motive Power  -10 
Impairment of indefinite-lived intangibles - Specialty  00 
Inventory adjustment relating to exit activities - Energy Systems  -00 
Inventory adjustment relating to exit activities - Motive Power  -20 
Inventory step up to fair value relating to acquisitions - Specialty  00-2
Loss on assets held for sale - Motive Power  -30 
Production tax credits from IRA 45X  00 
Restructuring and other exit charges - Energy Systems  -3-3-7
Restructuring and other exit charges - Motive Power  -17-37-2
Restructuring and other exit charges - Specialty  1-0-6
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
Total352278206216190


Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity871,616
Short Interest: % Change Since 93020257.6%
Average Daily Volume406,867
Days-to-Cover Short Interest2.14
Basic Shares Quantity38,798,263
Short % of Basic Shares2.2%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025806202510-Q 6/29/2025
3312025521202510-K 3/31/2025
12312024205202510-Q 12/29/2024
93020241106202410-Q 9/29/2024
6302024807202410-Q 6/30/2024
3312024522202410-K 3/31/2024
12312023207202410-Q 12/31/2023
93020231108202310-Q 10/1/2023
6302023809202310-Q 7/2/2023
3312023524202310-K 3/31/2023
12312022208202310-Q 1/1/2023
93020221109202210-Q 10/2/2022
6302022810202210-Q 7/3/2022
3312022525202210-K 3/31/2022
12312021209202210-Q 1/2/2022
93020211110202110-Q 10/3/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Uplinger Chad CPres., Motive Power Global6022025Buy83.6529524,6771,467,677Form
1O'Connell Shawn M.President & CEO6022025Buy83.7647539,7863,604,197Form
2Shaffer David MCEO2272025Sell100.421,561156,756414,534Form
3Shaffer David MCEO2252025Sell101.854,235431,3353,924,484Form
4Shaffer David MCEO2212025Sell100.623,417343,8196,188,130Form