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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and Fidelity National Financial, Inc. (FNF). Click either name above to swap in a different company.
ENERGIZER HOLDINGS, INC. is the larger business by last-quarter revenue ($778.9M vs $544.0M, roughly 1.4× Fidelity National Financial, Inc.). ENERGIZER HOLDINGS, INC. runs the higher net margin — -0.4% vs -21.5%, a 21.1% gap on every dollar of revenue. On growth, Fidelity National Financial, Inc. posted the faster year-over-year revenue change (10.3% vs 6.5%). Over the past eight quarters, Fidelity National Financial, Inc.'s revenue compounded faster (13.7% 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.
Fidelity National Financial, Inc., is an American provider of title insurance and settlement services to the real estate and mortgage industries. A Fortune 500 company, Fidelity National Financial generated approximately $8.469 billion in annual revenue in 2019 from its title and real estate-related operations. The company was the first instance of an attorney licensed by a Native American Tribe being certified as "authorized house counsel" in the state of Florida.
ENR vs FNF — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $778.9M | $544.0M |
| Net Profit | $-3.4M | $-117.0M |
| Gross Margin | 32.9% | — |
| Operating Margin | -0.6% | 82.9% |
| Net Margin | -0.4% | -21.5% |
| Revenue YoY | 6.5% | 10.3% |
| Net Profit YoY | -115.2% | -126.0% |
| EPS (diluted) | — | $-0.44 |
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.
| Q4 25 | $778.9M | $544.0M | ||
| Q3 25 | $832.8M | $553.0M | ||
| Q2 25 | $725.3M | $547.0M | ||
| Q1 25 | $662.9M | $455.0M | ||
| Q4 24 | $731.7M | $493.0M | ||
| Q3 24 | $805.7M | $506.0M | ||
| Q2 24 | $701.4M | $504.0M | ||
| Q1 24 | $663.3M | $421.0M |
| Q4 25 | $-3.4M | $-117.0M | ||
| Q3 25 | $34.9M | $358.0M | ||
| Q2 25 | $153.5M | $278.0M | ||
| Q1 25 | $28.3M | $83.0M | ||
| Q4 24 | $22.3M | $450.0M | ||
| Q3 24 | $47.6M | $266.0M | ||
| Q2 24 | $-43.8M | $306.0M | ||
| Q1 24 | $32.4M | $248.0M |
| 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% | — | ||
| Q1 24 | 38.2% | — |
| Q4 25 | -0.6% | 82.9% | ||
| Q3 25 | 6.4% | 81.9% | ||
| Q2 25 | 22.6% | 69.8% | ||
| Q1 25 | 5.5% | 24.4% | ||
| Q4 24 | 4.1% | — | ||
| Q3 24 | 7.4% | 61.9% | ||
| Q2 24 | -8.2% | 90.9% | ||
| Q1 24 | 6.4% | 78.6% |
| Q4 25 | -0.4% | -21.5% | ||
| Q3 25 | 4.2% | 64.7% | ||
| Q2 25 | 21.2% | 50.8% | ||
| Q1 25 | 4.3% | 18.2% | ||
| Q4 24 | 3.0% | 91.3% | ||
| Q3 24 | 5.9% | 52.6% | ||
| Q2 24 | -6.2% | 60.7% | ||
| Q1 24 | 4.9% | 58.9% |
| Q4 25 | — | $-0.44 | ||
| Q3 25 | — | $1.33 | ||
| Q2 25 | — | $1.02 | ||
| Q1 25 | — | $0.30 | ||
| Q4 24 | — | $1.65 | ||
| Q3 24 | — | $0.97 | ||
| Q2 24 | — | $1.12 | ||
| Q1 24 | — | $0.91 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $214.8M | $2.6B |
| Total DebtLower is stronger | — | $4.4B |
| Stockholders' EquityBook value | $141.3M | $7.4B |
| Total Assets | $4.4B | $109.0B |
| Debt / EquityLower = less leverage | — | 0.59× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $214.8M | $2.6B | ||
| Q3 25 | $236.2M | $3.5B | ||
| Q2 25 | $171.1M | $3.3B | ||
| Q1 25 | $139.3M | $4.5B | ||
| Q4 24 | $195.9M | $3.5B | ||
| Q3 24 | $216.9M | $5.0B | ||
| Q2 24 | $146.7M | $4.9B | ||
| Q1 24 | $158.1M | $3.5B |
| Q4 25 | — | $4.4B | ||
| Q3 25 | $3.4B | $4.4B | ||
| Q2 25 | $3.2B | $4.4B | ||
| Q1 25 | $3.2B | $4.4B | ||
| Q4 24 | $3.1B | $4.3B | ||
| Q3 24 | $3.2B | $4.2B | ||
| Q2 24 | $3.2B | $4.2B | ||
| Q1 24 | $3.2B | $3.9B |
| Q4 25 | $141.3M | $7.4B | ||
| Q3 25 | $169.9M | $8.4B | ||
| Q2 25 | $183.2M | $7.9B | ||
| Q1 25 | $133.9M | $7.9B | ||
| Q4 24 | $140.6M | $7.8B | ||
| Q3 24 | $135.8M | $8.1B | ||
| Q2 24 | $123.4M | $7.3B | ||
| Q1 24 | $191.3M | $7.1B |
| Q4 25 | $4.4B | $109.0B | ||
| Q3 25 | $4.6B | $106.6B | ||
| Q2 25 | $4.5B | $102.3B | ||
| Q1 25 | $4.2B | $98.2B | ||
| Q4 24 | $4.2B | $95.4B | ||
| Q3 24 | $4.3B | $94.7B | ||
| Q2 24 | $4.2B | $88.8B | ||
| Q1 24 | $4.3B | $84.5B |
| Q4 25 | — | 0.59× | ||
| Q3 25 | 20.28× | 0.53× | ||
| Q2 25 | 17.57× | 0.56× | ||
| Q1 25 | 23.56× | 0.56× | ||
| Q4 24 | 22.17× | 0.56× | ||
| Q3 24 | 23.51× | 0.52× | ||
| Q2 24 | 26.04× | 0.58× | ||
| Q1 24 | 16.86× | 0.55× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $149.5M | $1.5B |
| 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.
| Q4 25 | $149.5M | $1.5B | ||
| Q3 25 | $61.5M | $1.3B | ||
| Q2 25 | $21.4M | $1.9B | ||
| Q1 25 | $-12.8M | $1.1B | ||
| Q4 24 | $77.0M | $1.5B | ||
| Q3 24 | $168.9M | $2.4B | ||
| Q2 24 | $45.8M | $1.4B | ||
| Q1 24 | $36.8M | $1.6B |
| 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 | — | ||
| Q1 24 | $10.3M | — |
| 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% | — | ||
| Q1 24 | 1.6% | — |
| 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% | — | ||
| Q1 24 | 4.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.76× | 3.66× | ||
| Q2 25 | 0.14× | 6.82× | ||
| Q1 25 | -0.45× | 13.43× | ||
| Q4 24 | 3.45× | 3.32× | ||
| Q3 24 | 3.55× | 8.89× | ||
| Q2 24 | — | 4.45× | ||
| Q1 24 | 1.14× | 6.42× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ENR
| Alkaline Batteries | $666.5M | 86% |
| Auto Care | $93.7M | 12% |
| Lights | $18.7M | 2% |
FNF
| Escrow Fees | $241.0M | 44% |
| Other Title Related Fees And Income | $182.0M | 33% |
| Service Link Excluding Title Premiums Escrow Fees And Subservicing Fees | $87.0M | 16% |
| Insurance Contracts Home Warranty | $31.0M | 6% |
