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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and MINERALS TECHNOLOGIES INC (MTX). Click either name above to swap in a different company.

ENERGIZER HOLDINGS, INC. is the larger business by last-quarter revenue ($778.9M vs $519.5M, roughly 1.5× MINERALS TECHNOLOGIES INC). MINERALS TECHNOLOGIES INC runs the higher net margin — 7.2% vs 1.3%, a 5.9% gap on every dollar of revenue. On growth, MINERALS TECHNOLOGIES INC posted the faster year-over-year revenue change (0.3% vs -3.0%). ENERGIZER HOLDINGS, INC. produced more free cash flow last quarter ($2.0B vs $31.9M). Over the past eight quarters, ENERGIZER HOLDINGS, INC.'s revenue compounded faster (5.4% CAGR vs -1.4%).

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.

Compass Minerals International, Inc is an American public company that, through its subsidiaries, is a leading producer of minerals, including salt, magnesium chloride and sulfate of potash. Based in Overland Park, Kansas; the company provides bulk treated and untreated highway deicing salt to customers in North America and the United Kingdom and plant nutrition products to growers worldwide. Compass Minerals also produces consumer deicing and water conditioning products, consumer and commerc...

ENR vs MTX — Head-to-Head

Bigger by revenue
ENR
ENR
1.5× larger
ENR
$778.9M
$519.5M
MTX
Growing faster (revenue YoY)
MTX
MTX
+3.2% gap
MTX
0.3%
-3.0%
ENR
Higher net margin
MTX
MTX
5.9% more per $
MTX
7.2%
1.3%
ENR
More free cash flow
ENR
ENR
$2.0B more FCF
ENR
$2.0B
$31.9M
MTX
Faster 2-yr revenue CAGR
ENR
ENR
Annualised
ENR
5.4%
-1.4%
MTX

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ENR
ENR
MTX
MTX
Revenue
$778.9M
$519.5M
Net Profit
$10.1M
$37.2M
Gross Margin
33.2%
24.0%
Operating Margin
11.9%
Net Margin
1.3%
7.2%
Revenue YoY
-3.0%
0.3%
Net Profit YoY
-64.3%
-31.1%
EPS (diluted)
$0.15
$1.11

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
MTX
MTX
Q1 26
$778.9M
Q4 25
$778.9M
$519.5M
Q3 25
$832.8M
$532.4M
Q2 25
$725.3M
$528.9M
Q1 25
$662.9M
$491.8M
Q4 24
$731.7M
$518.1M
Q3 24
$805.7M
$524.7M
Q2 24
$701.4M
$541.2M
Net Profit
ENR
ENR
MTX
MTX
Q1 26
$10.1M
Q4 25
$-3.4M
$37.2M
Q3 25
$34.9M
$43.0M
Q2 25
$153.5M
$45.4M
Q1 25
$28.3M
$-144.0M
Q4 24
$22.3M
$54.0M
Q3 24
$47.6M
$46.7M
Q2 24
$-43.8M
$19.7M
Gross Margin
ENR
ENR
MTX
MTX
Q1 26
33.2%
Q4 25
32.9%
24.0%
Q3 25
36.6%
25.7%
Q2 25
55.1%
25.9%
Q1 25
39.1%
24.3%
Q4 24
36.8%
25.6%
Q3 24
38.1%
25.8%
Q2 24
39.5%
26.6%
Operating Margin
ENR
ENR
MTX
MTX
Q1 26
Q4 25
-0.6%
11.9%
Q3 25
6.4%
13.3%
Q2 25
22.6%
14.1%
Q1 25
5.5%
-32.6%
Q4 24
4.1%
16.2%
Q3 24
7.4%
14.6%
Q2 24
-8.2%
9.3%
Net Margin
ENR
ENR
MTX
MTX
Q1 26
1.3%
Q4 25
-0.4%
7.2%
Q3 25
4.2%
8.1%
Q2 25
21.2%
8.6%
Q1 25
4.3%
-29.3%
Q4 24
3.0%
10.4%
Q3 24
5.9%
8.9%
Q2 24
-6.2%
3.6%
EPS (diluted)
ENR
ENR
MTX
MTX
Q1 26
$0.15
Q4 25
$1.11
Q3 25
$1.37
Q2 25
$1.44
Q1 25
$-4.51
Q4 24
$1.67
Q3 24
$1.45
Q2 24
$0.61

Balance Sheet & Financial Strength

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

Metric
ENR
ENR
MTX
MTX
Cash + ST InvestmentsLiquidity on hand
$172.5M
$332.6M
Total DebtLower is stronger
$3.3B
$961.3M
Stockholders' EquityBook value
$173.2M
$1.7B
Total Assets
$4.4B
$3.5B
Debt / EquityLower = less leverage
19.13×
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENR
ENR
MTX
MTX
Q1 26
$172.5M
Q4 25
$214.8M
$332.6M
Q3 25
$236.2M
$328.3M
Q2 25
$171.1M
$319.9M
Q1 25
$139.3M
$312.2M
Q4 24
$195.9M
$337.1M
Q3 24
$216.9M
$324.5M
Q2 24
$146.7M
$316.4M
Total Debt
ENR
ENR
MTX
MTX
Q1 26
$3.3B
Q4 25
$961.3M
Q3 25
$3.4B
$964.3M
Q2 25
$3.2B
$965.6M
Q1 25
$3.2B
$966.7M
Q4 24
$3.1B
$966.1M
Q3 24
$3.2B
$922.9M
Q2 24
$3.2B
$922.4M
Stockholders' Equity
ENR
ENR
MTX
MTX
Q1 26
$173.2M
Q4 25
$141.3M
$1.7B
Q3 25
$169.9M
$1.7B
Q2 25
$183.2M
$1.7B
Q1 25
$133.9M
$1.6B
Q4 24
$140.6M
$1.7B
Q3 24
$135.8M
$1.7B
Q2 24
$123.4M
$1.7B
Total Assets
ENR
ENR
MTX
MTX
Q1 26
$4.4B
Q4 25
$4.4B
$3.5B
Q3 25
$4.6B
$3.5B
Q2 25
$4.5B
$3.5B
Q1 25
$4.2B
$3.4B
Q4 24
$4.2B
$3.4B
Q3 24
$4.3B
$3.4B
Q2 24
$4.2B
$3.3B
Debt / Equity
ENR
ENR
MTX
MTX
Q1 26
19.13×
Q4 25
0.56×
Q3 25
20.28×
0.58×
Q2 25
17.57×
0.58×
Q1 25
23.56×
0.60×
Q4 24
22.17×
0.55×
Q3 24
23.51×
0.54×
Q2 24
26.04×
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
ENR
ENR
MTX
MTX
Operating Cash FlowLast quarter
$64.3M
Free Cash FlowOCF − Capex
$2.0B
$31.9M
FCF MarginFCF / Revenue
260.1%
6.1%
Capex IntensityCapex / Revenue
5.5%
6.2%
Cash ConversionOCF / Net Profit
1.73×
TTM Free Cash FlowTrailing 4 quarters
$2.2B
$86.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENR
ENR
MTX
MTX
Q1 26
Q4 25
$149.5M
$64.3M
Q3 25
$61.5M
$70.9M
Q2 25
$21.4M
$62.9M
Q1 25
$-12.8M
$-4.4M
Q4 24
$77.0M
$70.4M
Q3 24
$168.9M
$60.0M
Q2 24
$45.8M
$50.1M
Free Cash Flow
ENR
ENR
MTX
MTX
Q1 26
$2.0B
Q4 25
$124.2M
$31.9M
Q3 25
$46.7M
$43.6M
Q2 25
$7.9M
$33.8M
Q1 25
$-33.8M
$-22.7M
Q4 24
$42.4M
$42.3M
Q3 24
$141.5M
$35.3M
Q2 24
$27.3M
$29.9M
FCF Margin
ENR
ENR
MTX
MTX
Q1 26
260.1%
Q4 25
15.9%
6.1%
Q3 25
5.6%
8.2%
Q2 25
1.1%
6.4%
Q1 25
-5.1%
-4.6%
Q4 24
5.8%
8.2%
Q3 24
17.6%
6.7%
Q2 24
3.9%
5.5%
Capex Intensity
ENR
ENR
MTX
MTX
Q1 26
5.5%
Q4 25
3.2%
6.2%
Q3 25
1.8%
5.1%
Q2 25
1.9%
5.5%
Q1 25
3.2%
3.7%
Q4 24
4.7%
5.4%
Q3 24
3.4%
4.7%
Q2 24
2.6%
3.7%
Cash Conversion
ENR
ENR
MTX
MTX
Q1 26
Q4 25
1.73×
Q3 25
1.76×
1.65×
Q2 25
0.14×
1.39×
Q1 25
-0.45×
Q4 24
3.45×
1.30×
Q3 24
3.55×
1.28×
Q2 24
2.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ENR
ENR

Segment breakdown not available.

MTX
MTX

High Temperature Technologies$178.0M34%
Specialty Additives$141.8M27%
Household And Personal Care$132.5M26%
Environmental And Infrastructure$67.2M13%

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