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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and EAST WEST BANCORP INC (EWBC). Click either name above to swap in a different company.

ENERGIZER HOLDINGS, INC. is the larger business by last-quarter revenue ($778.9M vs $775.0M, roughly 1.0× EAST WEST BANCORP INC). EAST WEST BANCORP INC runs the higher net margin — 46.2% vs -0.4%, a 46.6% gap on every dollar of revenue. On growth, ENERGIZER HOLDINGS, INC. posted the faster year-over-year revenue change (6.5% vs 2.1%). Over the past eight quarters, EAST WEST BANCORP INC's revenue compounded faster (18.4% CAGR vs 8.4%).

Energizer Holdings, Inc. is an American manufacturer and one of the world's largest manufacturers of batteries, headquartered in Clayton, Missouri. It produces batteries under the Energizer, Ray-O-Vac, Varta, and Eveready brand names and formerly owned several personal care businesses until it separated that side of the business into a new company called Edgewell Personal Care in 2015.

East West Bank is an American bank that is the primary subsidiary of East West Bancorp. It is the largest publicly traded bank headquartered in Southern California. The company has been ranked the #1 performing U.S. bank with more than $10 billion in assets by S&P Global Market Intelligence, and the top performing bank in its asset size by Bank Director for three straight years since 2023.

ENR vs EWBC — Head-to-Head

Bigger by revenue
ENR
ENR
1.0× larger
ENR
$778.9M
$775.0M
EWBC
Growing faster (revenue YoY)
ENR
ENR
+4.3% gap
ENR
6.5%
2.1%
EWBC
Higher net margin
EWBC
EWBC
46.6% more per $
EWBC
46.2%
-0.4%
ENR
Faster 2-yr revenue CAGR
EWBC
EWBC
Annualised
EWBC
18.4%
8.4%
ENR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ENR
ENR
EWBC
EWBC
Revenue
$778.9M
$775.0M
Net Profit
$-3.4M
$358.0M
Gross Margin
32.9%
Operating Margin
-0.6%
Net Margin
-0.4%
46.2%
Revenue YoY
6.5%
2.1%
Net Profit YoY
-115.2%
0.4%
EPS (diluted)
$2.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ENR
ENR
EWBC
EWBC
Q1 26
$775.0M
Q4 25
$778.9M
$657.8M
Q3 25
$832.8M
$677.5M
Q2 25
$725.3M
$617.1M
Q1 25
$662.9M
$600.2M
Q4 24
$731.7M
$587.6M
Q3 24
$805.7M
$572.7M
Q2 24
$701.4M
$553.2M
Net Profit
ENR
ENR
EWBC
EWBC
Q1 26
$358.0M
Q4 25
$-3.4M
$356.3M
Q3 25
$34.9M
$368.4M
Q2 25
$153.5M
$310.3M
Q1 25
$28.3M
$290.3M
Q4 24
$22.3M
$293.1M
Q3 24
$47.6M
$299.2M
Q2 24
$-43.8M
$288.2M
Gross Margin
ENR
ENR
EWBC
EWBC
Q1 26
Q4 25
32.9%
Q3 25
36.6%
Q2 25
55.1%
Q1 25
39.1%
Q4 24
36.8%
Q3 24
38.1%
Q2 24
39.5%
Operating Margin
ENR
ENR
EWBC
EWBC
Q1 26
Q4 25
-0.6%
71.0%
Q3 25
6.4%
68.6%
Q2 25
22.6%
65.2%
Q1 25
5.5%
65.2%
Q4 24
4.1%
60.6%
Q3 24
7.4%
68.0%
Q2 24
-8.2%
65.9%
Net Margin
ENR
ENR
EWBC
EWBC
Q1 26
46.2%
Q4 25
-0.4%
54.2%
Q3 25
4.2%
54.4%
Q2 25
21.2%
50.3%
Q1 25
4.3%
48.4%
Q4 24
3.0%
49.9%
Q3 24
5.9%
52.2%
Q2 24
-6.2%
52.1%
EPS (diluted)
ENR
ENR
EWBC
EWBC
Q1 26
$2.57
Q4 25
$2.55
Q3 25
$2.65
Q2 25
$2.24
Q1 25
$2.08
Q4 24
$2.10
Q3 24
$2.14
Q2 24
$2.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ENR
ENR
EWBC
EWBC
Cash + ST InvestmentsLiquidity on hand
$214.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$141.3M
$9.0B
Total Assets
$4.4B
$82.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENR
ENR
EWBC
EWBC
Q1 26
Q4 25
$214.8M
$4.2B
Q3 25
$236.2M
$4.7B
Q2 25
$171.1M
$4.4B
Q1 25
$139.3M
$3.4B
Q4 24
$195.9M
$5.3B
Q3 24
$216.9M
$4.9B
Q2 24
$146.7M
$4.4B
Total Debt
ENR
ENR
EWBC
EWBC
Q1 26
Q4 25
$35.6M
Q3 25
$3.4B
$35.7M
Q2 25
$3.2B
$35.8M
Q1 25
$3.2B
$35.9M
Q4 24
$3.1B
$36.0M
Q3 24
$3.2B
$36.1M
Q2 24
$3.2B
$36.1M
Stockholders' Equity
ENR
ENR
EWBC
EWBC
Q1 26
$9.0B
Q4 25
$141.3M
$8.9B
Q3 25
$169.9M
$8.6B
Q2 25
$183.2M
$8.2B
Q1 25
$133.9M
$7.9B
Q4 24
$140.6M
$7.7B
Q3 24
$135.8M
$7.7B
Q2 24
$123.4M
$7.2B
Total Assets
ENR
ENR
EWBC
EWBC
Q1 26
$82.9B
Q4 25
$4.4B
$80.4B
Q3 25
$4.6B
$79.7B
Q2 25
$4.5B
$78.2B
Q1 25
$4.2B
$76.2B
Q4 24
$4.2B
$76.0B
Q3 24
$4.3B
$74.5B
Q2 24
$4.2B
$72.5B
Debt / Equity
ENR
ENR
EWBC
EWBC
Q1 26
Q4 25
0.00×
Q3 25
20.28×
0.00×
Q2 25
17.57×
0.00×
Q1 25
23.56×
0.00×
Q4 24
22.17×
0.00×
Q3 24
23.51×
0.00×
Q2 24
26.04×
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ENR
ENR
EWBC
EWBC
Operating Cash FlowLast quarter
$149.5M
Free Cash FlowOCF − Capex
$124.2M
FCF MarginFCF / Revenue
15.9%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$145.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENR
ENR
EWBC
EWBC
Q1 26
Q4 25
$149.5M
$713.4M
Q3 25
$61.5M
$231.7M
Q2 25
$21.4M
$278.7M
Q1 25
$-12.8M
$277.9M
Q4 24
$77.0M
$500.1M
Q3 24
$168.9M
$386.1M
Q2 24
$45.8M
$259.2M
Free Cash Flow
ENR
ENR
EWBC
EWBC
Q1 26
Q4 25
$124.2M
Q3 25
$46.7M
Q2 25
$7.9M
Q1 25
$-33.8M
Q4 24
$42.4M
Q3 24
$141.5M
Q2 24
$27.3M
FCF Margin
ENR
ENR
EWBC
EWBC
Q1 26
Q4 25
15.9%
Q3 25
5.6%
Q2 25
1.1%
Q1 25
-5.1%
Q4 24
5.8%
Q3 24
17.6%
Q2 24
3.9%
Capex Intensity
ENR
ENR
EWBC
EWBC
Q1 26
Q4 25
3.2%
Q3 25
1.8%
Q2 25
1.9%
Q1 25
3.2%
Q4 24
4.7%
Q3 24
3.4%
Q2 24
2.6%
Cash Conversion
ENR
ENR
EWBC
EWBC
Q1 26
Q4 25
2.00×
Q3 25
1.76×
0.63×
Q2 25
0.14×
0.90×
Q1 25
-0.45×
0.96×
Q4 24
3.45×
1.71×
Q3 24
3.55×
1.29×
Q2 24
0.90×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ENR
ENR

Alkaline Batteries$666.5M86%
Auto Care$93.7M12%
Lights$18.7M2%

EWBC
EWBC

Segment breakdown not available.

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