ENERGIZER HOLDINGS, INC. (ENR) FY2025 10-K Annual Report

Filed: Nov 18, 2025
Information Technology
Miscellaneous Electrical Machinery, Equipment & SuppliesSEC EDGAR

ENERGIZER HOLDINGS, INC. (ENR) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Nov 18, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

ENERGIZER HOLDINGS, INC. FY2025 10-K Analysis

Business Overview

  • Core business: Manufacturer and marketer of consumer batteries and portable power solutions
  • New executive leadership roles established in 2025, including EVP, Brand and Product Innovation to drive global marketing and R&D
  • Strategic emphasis on global hearing aid batteries and digital commerce under EVP, North America and Global Business Units since 2021
  • Approximately 4,400 shareholders of record as of September 30, 2025, with NYSE listing under symbol "ENR"
  • Continued commitment to regular quarterly dividends, subject to Board discretion based on earnings and capital needs

Management Discussion & Analysis

  • Revenue and YoY change not disclosed in the MD&A section provided
  • Profitability or margin figures not specified, no operating margin or net income percentages included
  • Segment performance details with specific numbers absent, no best or worst performing segment identified
  • Cash flow, buybacks, dividends, and capex amounts not mentioned in the text
  • Forward-looking statements focus on competitive pressures, raw material cost risks, regulatory impacts on refrigerants, and evolving privacy/data laws as key risks

Risk Factors

  • Regulatory risk from Inflation Reduction Act Section 45X final regulations effective December 2024, enabling $120.9M production tax credits retroactive to January 2023
  • Geopolitical risk from December 2023 Argentina economic reform with 50% ARS devaluation causing $22.0M currency losses and declining operating profit in Argentina segment
  • Supply chain risk transitioning acquired APS NV branded batteries to legacy brands by December 31, 2025, impacting product integration and operational stability
  • Market disruption risk from Advanced Power Solutions NV acquisition completed May 2025, requiring brand transition and integration with existing battery business
  • Financial risk from concentrated operating profit exposure in Argentina with net sales declining from $45.8M (2023) to $33.9M (2025) and operating profit from $16.0M to $8.9M

ENERGIZER HOLDINGS, INC. FY2025 Key Financial Metrics
XBRL

Revenue

$3.0B

+2.3% YoY

Net Income

$239M

+527.3% YoY

Gross Margin

41.7%

+350bp YoY

Net Margin

8.1%

+677bp YoY

ROE

140.7%

+11262bp YoY

Total Assets

$4.6B

+4.9% YoY

EPS (Diluted)

$3.32

+538.5% YoY

Operating Cash Flow

$147M

-65.8% YoY

Source: XBRL data from ENERGIZER HOLDINGS, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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