EnerSys
Business
EnerSys is a global designer, manufacturer, and distributor of energy storage systems and batteries for industrial applications. The company produces motive power batteries for electric forklifts and material handling equipment, specialty batteries for aerospace and defense, energy systems for telecommunications and data centers, and emerging energy storage solutions for EV charging and demand management. It operates through four reportable segments—Energy Systems, Motive Power, Specialty, and New Ventures—and serves over 10,000 customers in more than 100 countries via company-owned facilities, distributors, and independent representatives.
Summary from 10-K filed 2026-05-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Net sales | 3,751 | 3,618 | 3,582 | 3,709 | 3,357 | |
| Inventory adjustment relating to exit activities and step up to fair value relating to recent acquisitions | 2 | 4 | 20 | 681,000 | 3 | |
| Gross profit | 1,098 | 1,092 | 983 | 840 | 750 | |
| Operating expenses | 621 | 609 | 590 | 545 | 521 | |
| Restructuring and other exit charges | 51 | 14 | 28 | 16 | 19 | |
| Impairment of indefinite-lived intangibles | 402,000 | 0 | 14 | 480,000 | 1 | |
| (Gain) loss on assets held for sale | −1 | 5 | 0 | — | — | |
| Operating earnings | 426 | 465 | 352 | 278 | 206 | |
| Interest expense | 51 | 51 | 50 | 60 | — | |
| Other expense (income), net | 29 | 7 | 9 | 8 | −5 | |
| Earnings before income taxes | 347 | 407 | 292 | 211 | 174 | |
| Income tax expense | 54 | 43 | 23 | 35 | 30 | |
| Net earnings attributable to EnerSys stockholders | 294 | 364 | 269 | 176 | 144 | |
| Basic (usd per share) | 7.84 | 9.15 | 6.62 | 4.31 | 3.42 | |
| Diluted (usd per share) | 7.7 | 8.99 | 6.5 | 4.25 | 3.36 | |
| Dividends per common share (usd per share) | 1.03 | 0.95 | 0.85 | 0.7 | 0.7 | |
| Basic (in shares) | 37 | 40 | 41 | 41 | 42 | |
| Diluted (in shares) | 38 | 40 | 41 | 41 | 43 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 439 | 343 | 333 | 347 | 402 | |
| Accounts receivable, net of allowance for doubtful accounts (2026$8,583; 2025$8,675) | 506 | 598 | 525 | 638 | 719 | |
| Inventories, net | 725 | 740 | 698 | 798 | 716 | |
| Prepaid and other current assets | 472 | 409 | 227 | 114 | 156 | |
| Total current assets | 2,142 | 2,090 | 1,783 | 1,896 | 1,993 | |
| Property, plant, and equipment, net | 593 | 592 | 532 | 513 | 503 | |
| Goodwill | 752 | 721 | 683 | 677 | 701 | |
| Other intangible assets, net | 343 | 375 | 319 | 360 | 396 | |
| Deferred taxes | 69 | 75 | 50 | 49 | 60 | |
| Other assets | 104 | 118 | 99 | 121 | 83 | |
| Total assets | 4,003 | 3,971 | 3,466 | 3,617 | 3,737 | |
| Short-term debt | 29 | 29 | 30 | 31 | 55 | |
| Current portion of finance leases | 998,000 | 265,000 | 237,000 | 90,000 | 185,000 | |
| Accounts payable | 354 | 406 | 369 | 379 | 393 | |
| Accrued expenses | 420 | 341 | 324 | 309 | 290 | |
| Total current liabilities | 804 | 775 | 724 | 718 | 738 | |
| Long-term debt, net of unamortized debt issuance costs | 1,080 | 1,084 | 802 | 1,042 | 1,243 | |
| Finance leases | 2 | 592,000 | 647,000 | 254,000 | 231,000 | |
| Deferred taxes | 14 | 18 | 31 | 61 | 78 | |
| Other liabilities | 194 | 175 | 152 | 191 | 184 | |
| Total liabilities | 2,094 | 2,052 | 1,709 | 2,013 | 2,243 | |
| Commitments and contingencies | — | — | — | — | — | |
| Preferred Stock, $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding at March 31, 2026 and at March 31, 2025 | 0 | 0 | 0 | 0 | 0 | |
| Common Stock, $0.01 par value per share, 135,000,000 shares authorized, 57,551,440 shares issued and 36,462,211 shares outstanding at March 31, 2026; 56,839,590 shares issued and 39,192,061 shares outstanding at March 31, 2025 | 576,000 | 568,000 | 564,000 | 560,000 | 557,000 | |
| Additional paid-in capital | 735 | 663 | 630 | 596 | 571 | |
| Treasury stock at cost, 21,089,229 shares held as of March 31, 2026 and 17,647,529 shares held as of March 31, 2025 | −1,362 | −989 | −836 | −741 | — | |
| Retained earnings | 2,744 | 2,489 | 2,164 | 1,930 | 1,784 | |
| Accumulated other comprehensive loss | −212 | −247 | −205 | −183 | −143 | |
| Total EnerSys stockholders equity | 1,905 | 1,916 | 1,754 | 1,600 | 1,489 | |
| Nonredeemable noncontrolling interests | 4 | 3 | 3 | 4 | 4 | |
| Total equity | 1,909 | 1,919 | 1,757 | 1,604 | 1,493 | |
| Total liabilities and equity | 4,003 | 3,971 | 3,466 | 3,617 | 3,737 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 114 | 101 | 92 | 91 | 96 | |
| Write-off of assets relating to restructuring and other exit charges | 6 | 2 | 24 | 9 | 7 | |
| (Gain) loss on assets held for sale | −1 | 5 | 0 | 0 | 3 | |
| Impairment of intangible assets | 402,000 | 880,000 | 14 | 480,000 | 1 | |
| Net losses (gains) | 409,000 | −3 | 846,000 | −1 | 157,000 | |
| Cash proceeds (settlements) | 673,000 | 826,000 | −255,000 | 470,000 | 255,000 | |
| Provision for doubtful accounts | 1 | 3 | 2 | −431,000 | 3 | |
| Deferred income taxes | 14 | −32 | −29 | −15 | 1 | |
| Non-cash interest expense | 2 | 2 | 2 | 2 | 2 | |
| Stock-based compensation | 38 | 28 | 31 | 26 | 24 | |
| Gain on disposal of property, plant, and equipment | 644,000 | 791,000 | 908,000 | −113,000 | −490,000 | |
| Losses (gain) on pension settlement | 10 | −2 | 0 | 0 | — | |
| Accounts receivable | 105 | −82 | 109 | 68 | −129 | |
| Inventories | 26 | 1 | 76 | −96 | −213 | |
| Prepaid and other current assets | −65 | −220 | −113 | 24 | −32 | |
| Other assets | 726,000 | −334,000 | 6 | −6 | 270,000 | |
| Accounts payable | −53 | 37 | −15 | −4 | 65 | |
| Accrued expenses | 55 | 54 | −8 | 6 | −39 | |
| Other liabilities | 259,000 | 32,000 | −3 | 2 | 749,000 | |
| Net cash provided by (used in) operating activities | 548 | 260 | 457 | 280 | −66 | |
| Capital expenditures | −80 | −121 | −86 | −89 | −74 | |
| Purchase of businesses | −13 | −206 | −8 | 0 | 0 | |
| Proceeds from disposal of property, plant, and equipment | 5 | 2 | 2 | 586,000 | 2 | |
| Investment in Equity Securities | 0 | −11 | 0 | 0 | — | |
| Net cash used in investing activities | −88 | −336 | −92 | −45 | −69 | |
| Net borrowings (repayments) on short-term debt | −192,000 | −259,000 | −231,000 | −22 | 21 | |
| Proceeds from Revolver borrowings | 620 | 650 | 183 | 311 | 523 | |
| Repayments of Revolver borrowings | −412 | −370 | −428 | −501 | −88 | |
| Proceeds from 2032 Bonds | 0 | 0 | 300 | 0 | 0 | |
| Repayments of Term Loans | 210 | 0 | 294 | 5 | 161 | |
| Debt issuance costs | −4 | 0 | −4 | −1 | −3 | |
| Finance lease obligations and other | −71,000 | 483,000 | 1 | 1 | 810,000 | |
| Option proceeds, net | 42 | 9 | 11 | 4 | 1 | |
| Payment of taxes related to net share settlement of equity awards | −9 | −8 | −9 | −6 | −9 | |
| Purchase of treasury stock | −371 | −154 | −96 | −23 | −156 | |
| Dividends paid to stockholders | −38 | −37 | −34 | −29 | −29 | |
| Other | 1 | 0 | 0 | — | — | |
| Net cash (used in) provided by financing activities | −381 | 90 | −371 | −270 | 98 | |
| Effect of exchange rate changes on cash and cash equivalents | 17 | −4 | −7 | −21 | −13 | |
| Net increase (decrease) in cash and cash equivalents | 96 | 10 | −13 | −56 | −49 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is EnerSys's CIK number?
EnerSys's SEC CIK number is 0001289308 (1289308). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find EnerSys's SEC filings?
All of EnerSys's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did EnerSys last report earnings?
EnerSys (ENS) most recently filed an earnings 8-K with the SEC on May 20, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-036903). This is EnerSys's most recent earnings filing of record — not a forecast of its next earnings date.
What is EnerSys's most recent earnings 8-K?
EnerSys's latest earnings 8-K (Item 2.02) was filed May 20, 2026 under accession 0001628280-26-036903. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View EnerSys's latest earnings 8-K →
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