Enersys

ENS Industrials Electrical Equipment & Parts

Enersys' revenue for fiscal 2026 (year ended March 2026) was $3.8 billion, up 3.70% from fiscal 2025.

Revenue
+4.77%
EPS
+115.5%
Free cash flow
+881.1%
Total debt
−20.0%

Quarter to June 2026, against a year earlier

142.95 13.05 −8.37%
Market cap
$5.1B
P/E
14.9×
Fwd P/E
14.3×
Dividend yield
0.75%
F-score
5/9
Altman Z
4.51
Beneish M
−2.92
Dividend safety
92/100

Revenue by products and services Fiscal 2026

  • Product
  • Service

Every year since 2019 →

Insider Decisions last twelve months

Bought, $m 0.02
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 1 — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 2.60%

Capital & Financial Ratios $m

Size
Market Cap 5,140.00
Revenue ttm 3,793.99
Net income ttm 352.55
Free cash flow ttm 718.09
Net debt Q 508.27
Valuation
P/E 14.92
Forward P/E 14.30
Price / sales 1.37
Forward P/S Powerpack
Price / FCF 7.26
Price / book 2.64
Financial health
Current ratio Q 2.80 (at or above 1.5: strong)
Debt / equity Q 0.53
Interest coverage Q 14.29
Growth
Revenue growth Q +4.77% (above 0%: growing)
Operating income growth Q +75.09% (above 0%: growing)
EPS, this year +26.29% (at or above 15%: strong)
EPS, next year A +9.30%
Revenue, next year A +3.70%
EPS, past 5 yrs +18.32% (at or above 15%: strong)
EPS, next 5 yrs A +12.02%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 18.81%
10-year low 10-year high
P/S against its own 10 years 84.53%
10-year low 10-year high
P/B against its own 10 years 71.40%
10-year low 10-year high
EV/Sales against its own 10 years 83.06%
10-year low 10-year high
EV/FCF against its own 10 years 0.97%
10-year low 10-year high

Dividends raised 3 years running

Yield
0.75%
Annual rate
1.08
Payout ratio
11.5%
Growth, 2017–25
+4.62%/yr
  1. 0.70 ’17
  2. 0.70 ’18 +0
  3. 0.70 ’19 +0
  4. 0.70 ’20 +0
  5. 0.70 ’21 +0
  6. 0.70 ’22 +0
  7. 0.80 ’23 +14
  8. 0.93 ’24 +16
  9. 1.01 ’25 +8
  10. 1.03 ’26e +2
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 333 343 439 531
Receivables 525 598 506 455
Inventory 698 740 725 739
Other — — — —
1,783 2,090 2,142 2,130
2024 2025 2026 Q'26
Payables 369 406 354 335
ST’ Debt 30 29 29 29
Other — — — —
724 775 804 762

Compound Annual Growth %

10y 5y 3y
Sales 4.94% 4.73% 0.38%
Cash Flow 5.94% 8.85% 25.06%
Earnings 7.99% 15.41% 18.64%
Book Value 6.48% 4.34% 5.97%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Jun Sep Dec Mar Year
’26 3.09 — — — —
’26 1.46 1.80 2.40 2.05 7.70
’25 1.71 2.01 2.88 2.41 8.99
’24 1.60 1.56 1.86 1.48 6.50
’23 0.75 0.84 1.08 1.59 4.25
’22 1.01 0.82 0.85 0.67 3.36
’21 0.82 0.83 0.89 0.78 3.32
Fiscal quarters ending in the months shown.

Revenue $m

Jun Sep Dec Mar Year
’26 936 — — — —
’26 893 951 919 988 3,751
’25 853 884 906 975 3,618
’24 909 901 862 911 3,582
’23 899 899 920 990 3,709
’22 815 791 844 907 3,357
’21 705 708 751 814 2,978
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 230 — — — —
’26 1 218 185 144 548
’25 10 34 81 135 260
’24 75 111 135 137 457
’23 (72) 2 206 144 280
’22 (48) (17) (12) 12 (66)
’21 117 101 55 86 358
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 218 — — — —
’26 (28) 197 171 132 472
’25 (26) 3 57 107 141
’24 59 93 111 110 373
’23 (95) (15) 188 113 192
’22 (65) (36) (29) (9) (138)
’21 90 87 41 70 289
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing −5.8% a year for ten years. It grew 3.3% a year over the last ten.

Implied
−5.8%
10 years, reported
3.3%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Jun ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 2,367 2,582 2,808 3,088 2,978 3,357 3,709 3,582 3,618 3,751 3,794 +5.2% 3,890 4,078 4,199 +3.8%
Gross margin, % 27.54 25.50 24.68 25.42 24.82 22.34 22.65 27.44 30.20 29.26 30.51 +1.7 pt
EBT 213 238 182 147 170 174 211 292 407 347 417 +5.6%
EBT margin, % 8.99 9.23 6.49 4.76 5.71 5.18 5.68 8.16 11.24 9.26 10.98 +0.3 pt
Net income 158 120 161 137 143 144 176 269 364 294 353 +7.1%
Per share, $
Per share, $ Revenue 54.56 60.59 66.33 72.81 69.99 79.73 90.88 88.07 90.98 100.20 104.04 +7.0%
Earnings 3.69 2.81 3.79 3.23 3.37 3.42 4.31 6.62 9.15 7.84 9.58 +8.7%
Cash flow 5.67 4.95 4.67 5.97 8.42 (1.56) 6.86 11.24 6.55 14.63 21.30 +11.1%
Capex (1.14) (1.63) (1.64) (2.34) (1.64) (1.72) (2.16) (2.07) (3.00) (2.01) (1.61) +6.5%
Free cash flow 4.53 3.32 3.04 3.63 6.78 (3.28) 4.70 9.17 3.55 12.62 19.69 +12.1%
Book value 25.54 28.19 30.38 30.75 36.28 35.46 39.30 43.20 48.28 50.98 54.12 +8.0%
Shares, m 43 43 42 42 43 42 41 41 40 37 37 (1.6%)
Valuation, ×
Valuation, × P/E 21.39 23.83 17.50 15.33 26.94 21.80 20.16 14.07 10.00 22.07 14.92 19.3
P/S 1.45 1.10 1.00 0.68 1.30 0.94 0.96 1.06 1.01 1.73 1.37 1.1
P/B 3.09 2.37 2.18 1.61 2.50 2.10 2.21 2.15 1.90 3.41 2.64 2.4
EV/Sales 1.49 1.13 1.26 0.95 1.48 1.20 1.15 1.20 1.22 1.91 1.51 1.3
EV/FCF 17.96 20.60 27.49 18.99 15.30 (29.23) 22.28 11.49 31.25 15.19 7.97 15.1
Cash, $m
Cash, $m Operating cash flow 246 211 198 253 358 (66) 280 457 260 548 777 +9.3%
Capex (49) (69) (69) (99) (70) (73) (88) (84) (119) (75) (59) +4.8%
Free cash flow 197 142 129 154 289 (138) 192 373 141 472 718 +10.2%
Balance, $m
Balance, $m Working capital 951 1,048 924 963 1,014 1,255 1,178 1,059 1,315 1,338 1,368 +3.9%
Net debt 106 76 727 825 552 896 726 500 770 673 508 +22.8%
Shareholders’ equity 1,108 1,201 1,286 1,304 1,544 1,493 1,604 1,757 1,919 1,909 1,974 +6.2%
Returns, %
Returns, % ROA 7.11 5.00 5.72 4.27 4.24 4.00 4.78 7.60 9.78 7.36 8.74 +0.3 pt
ROIC 12.21 13.26 6.60 5.58 6.45 5.40 7.47 9.74 10.80 10.32 12.37 (1.9) pt
ROE 15.07 10.36 12.89 10.59 10.07 9.48 11.35 16.01 19.79 15.34 18.36 +0.3 pt
People
People Employees 9,400 9,600 11,000 11,400 11,400 11,400 11,350 10,797 10,858 9,682 — +0.3%
Revenue/emp, $m 0.25 0.27 0.26 0.27 0.26 0.29 0.33 0.33 0.33 0.39 — +4.9%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Business profile

Updated

EnerSys designs, manufactures and distributes batteries, power equipment and energy storage systems for industrial customers. Founded in 2000 and headquartered in Reading, the company is led by President and Chief Executive Officer Shawn M. O’Connell.

Its Energy Systems business combines equipment that converts and distributes electricity with batteries and protective enclosures. Customers use these systems to keep telecommunications networks, data centers, utilities and other operations running when power is interrupted. The company also supplies outdoor cabinets that protect electronic equipment and batteries.

Where the money comes from and where it goes Fiscal 2026

Fiscal 2026: revenue by products and services, and margins
Product 3,380 90.11%
Service 371 9.89%
Gross margin 29.26%
Operating margin 11.37%
Pre-tax margin 9.26%

Revenue by segment since 2019

Enersys vs peers in Electrical Equipment & Parts (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NVT nVent Electric PLC $15.9B 23.5× 28.0× +43.73% (above 0%: growing) +66.67% (above 0%: growing) +33.08% (above 0%: growing) 35.84% 18.63% Compare
AYI Acuity, Inc. $9.6B 18.4× 18.4× +2.92% (above 0%: growing) +55.53% (above 0%: growing) +61.06% (above 0%: growing) 53.85% 18.24% Compare
AEIS Advanced Energy Industries, Inc. $7.5B 25.4× 26.9× +50.31% (above 0%: growing) +134.96% (above 0%: growing) −33.07% (below 0%: shrinking) 41.51% 20.56% Compare
FPS Forgent Power Solutions, Inc. $5.5B — — +94.30% (above 0%: growing) — +188.32% (above 0%: growing) 36.11% 19.91% Compare
ENS Enersys $5.1B 14.9× 14.3× +4.77% (above 0%: growing) +115.54% (above 0%: growing) +881.05% (above 0%: growing) 33.49% 16.18%
POWL Powell Industries, Inc. $4.6B 24.1× 29.1× +8.90% (above 0%: growing) +7.25% (above 0%: growing) +121.73% (above 0%: growing) 30.57% 20.55% Compare
HAYW Hayward Holdings, Inc. $3.4B 20.5× 22.2× +6.47% (above 0%: growing) +38.91% (above 0%: growing) −51.02% (below 0%: shrinking) 47.92% 19.30% Compare
PLUG Plug Power, Inc. $1.9B — (loss-making) — (loss-making) +2.49% (above 0%: growing) n/m +56.89% (above 0%: growing) (0.94%) (35.96%) Compare
ENR Energizer Holdings, Inc. $1.7B 20.5× — (loss-making) +1.21% (above 0%: growing) −73.15% (below 0%: shrinking) −111.39% (below 0%: shrinking) 38.22% 12.22% Compare
Median of peers $5.1B 22.0× 26.9× +7.69% +47.22% +44.98% 37.17% 18.96%

All 55 Electrical Equipment & Parts stocks →

From the latest earnings call

Updated

  • CEO Shawn O’Connell said first-quarter data center orders rose more than 80% year over year, while material handling orders fell by high single digits.
  • O’Connell said EnerSys plans a defense-focused lithium plant in South Carolina, with its approximately $500 million net investment funded through operating cash flow.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 100.01%
Held by the ten largest 50.89%
Holder Shares Stake Change
BlackRock 5.22m 14.39% +147.71k
Vanguard 4.33m 11.91% −8.83k
State Street 1.51m 4.17% +43.54k
T. Rowe Price 1.24m 3.41% +573.22k
Dimensional Fund Advisors 1.23m 3.40% −277.60k
Invesco 1.21m 3.32% +48.72k
Geode Capital Management 1.12m 3.08% +154.87k
EARNEST PARTNERS LLC 896.98k 2.47% −48.58k
AQR Capital Management 895.90k 2.47% +13.63k
First Trust 827.15k 2.28% −60.26k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Enersys (ENS) Latest News

5 Nov

Impact 3 · · GlobeNewswire

28 Oct

Impact 4 · · MT Newswires

23 Sep

22 Sep

24 Aug

Impact 3 ·

19 Aug

ENS metrics, ten years each

stockrow.com/ENS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com