Energizer Holdings (NYSE: ENR) is one of the world's two largest consumer battery companies. Based in Town and Country, Missouri, it reported FY2025 net sales of $2.9527 billion and net earnings of $239.0 million for the year ended September 30, 2025.
How Energizer makes money
Energizer sells batteries, flashlights and car-care products to retailers. Batteries & Lights, its larger segment, includes Energizer, Eveready, Rayovac and Varta. Auto Care includes Armor All, STP and A/C Pro, with demand peaking in spring and summer.
The 2019 Spectrum Brands deals
In January 2019 Energizer bought Spectrum Brands' battery business for about $2.0 billion and its auto-care business for about $1.25 billion. The deals created today's two-segment company and most of its roughly $3.3 billion of debt.
Fiscal 2026 results
Q3 FY2026 net sales rose 1.2% to $734.1 million, but adjusted gross margin fell to 39.2% from 44.8% as tariffs and promotions weighed. Management now expects full-year adjusted EPS at the low end of $3.30 to $3.60.
Leadership and competitors
Mark S. LaVigne has been CEO since January 2021. Energizer's main rival is Berkshire Hathaway-owned Duracell, along with Panasonic and private-label batteries.