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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and Noble Corp plc (NE). Click either name above to swap in a different company.
ENERGIZER HOLDINGS, INC. is the larger business by last-quarter revenue ($778.9M vs $764.4M, roughly 1.0× Noble Corp plc). Noble Corp plc runs the higher net margin — 11.3% vs -0.4%, a 11.8% gap on every dollar of revenue. On growth, ENERGIZER HOLDINGS, INC. posted the faster year-over-year revenue change (6.5% vs -17.6%). ENERGIZER HOLDINGS, INC. produced more free cash flow last quarter ($124.2M vs $35.4M). Over the past eight quarters, Noble Corp plc's revenue compounded faster (9.5% 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.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
ENR vs NE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $778.9M | $764.4M |
| Net Profit | $-3.4M | $86.6M |
| Gross Margin | 32.9% | — |
| Operating Margin | -0.6% | 5.6% |
| Net Margin | -0.4% | 11.3% |
| Revenue YoY | 6.5% | -17.6% |
| Net Profit YoY | -115.2% | -10.4% |
| EPS (diluted) | — | $0.54 |
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 | $764.4M | ||
| Q3 25 | $832.8M | $798.0M | ||
| Q2 25 | $725.3M | $848.7M | ||
| Q1 25 | $662.9M | $874.5M | ||
| Q4 24 | $731.7M | $927.3M | ||
| Q3 24 | $805.7M | $800.5M | ||
| Q2 24 | $701.4M | $692.8M | ||
| Q1 24 | $663.3M | $637.1M |
| Q4 25 | $-3.4M | $86.6M | ||
| Q3 25 | $34.9M | $-21.1M | ||
| Q2 25 | $153.5M | $42.9M | ||
| Q1 25 | $28.3M | $108.3M | ||
| Q4 24 | $22.3M | $96.6M | ||
| Q3 24 | $47.6M | $61.2M | ||
| Q2 24 | $-43.8M | $195.0M | ||
| Q1 24 | $32.4M | $95.5M |
| 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% | 5.6% | ||
| Q3 25 | 6.4% | 6.3% | ||
| Q2 25 | 22.6% | 15.9% | ||
| Q1 25 | 5.5% | 21.4% | ||
| Q4 24 | 4.1% | 18.4% | ||
| Q3 24 | 7.4% | 14.4% | ||
| Q2 24 | -8.2% | 30.3% | ||
| Q1 24 | 6.4% | 16.9% |
| Q4 25 | -0.4% | 11.3% | ||
| Q3 25 | 4.2% | -2.6% | ||
| Q2 25 | 21.2% | 5.1% | ||
| Q1 25 | 4.3% | 12.4% | ||
| Q4 24 | 3.0% | 10.4% | ||
| Q3 24 | 5.9% | 7.6% | ||
| Q2 24 | -6.2% | 28.1% | ||
| Q1 24 | 4.9% | 15.0% |
| Q4 25 | — | $0.54 | ||
| Q3 25 | — | $-0.13 | ||
| Q2 25 | — | $0.27 | ||
| Q1 25 | — | $0.67 | ||
| Q4 24 | — | $0.56 | ||
| Q3 24 | — | $0.40 | ||
| Q2 24 | — | $1.34 | ||
| Q1 24 | — | $0.66 |
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 | $471.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $141.3M | $4.5B |
| Total Assets | $4.4B | $7.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $214.8M | $471.4M | ||
| Q3 25 | $236.2M | $477.9M | ||
| Q2 25 | $171.1M | $338.2M | ||
| Q1 25 | $139.3M | $303.8M | ||
| Q4 24 | $195.9M | $247.3M | ||
| Q3 24 | $216.9M | $391.9M | ||
| Q2 24 | $146.7M | $162.9M | ||
| Q1 24 | $158.1M | $212.5M |
| Q4 25 | — | — | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.2B | — | ||
| Q1 24 | $3.2B | — |
| Q4 25 | $141.3M | $4.5B | ||
| Q3 25 | $169.9M | $4.5B | ||
| Q2 25 | $183.2M | $4.6B | ||
| Q1 25 | $133.9M | $4.7B | ||
| Q4 24 | $140.6M | $4.7B | ||
| Q3 24 | $135.8M | $4.7B | ||
| Q2 24 | $123.4M | $4.0B | ||
| Q1 24 | $191.3M | $3.9B |
| Q4 25 | $4.4B | $7.5B | ||
| Q3 25 | $4.6B | $7.6B | ||
| Q2 25 | $4.5B | $7.7B | ||
| Q1 25 | $4.2B | $7.9B | ||
| Q4 24 | $4.2B | $8.0B | ||
| Q3 24 | $4.3B | $8.0B | ||
| Q2 24 | $4.2B | $5.6B | ||
| Q1 24 | $4.3B | $5.4B |
| Q4 25 | — | — | ||
| Q3 25 | 20.28× | — | ||
| Q2 25 | 17.57× | — | ||
| Q1 25 | 23.56× | — | ||
| Q4 24 | 22.17× | — | ||
| Q3 24 | 23.51× | — | ||
| Q2 24 | 26.04× | — | ||
| Q1 24 | 16.86× | — |
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 | $187.1M |
| Free Cash FlowOCF − Capex | $124.2M | $35.4M |
| FCF MarginFCF / Revenue | 15.9% | 4.6% |
| Capex IntensityCapex / Revenue | 3.2% | 19.9% |
| Cash ConversionOCF / Net Profit | — | 2.16× |
| TTM Free Cash FlowTrailing 4 quarters | $145.0M | $432.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $149.5M | $187.1M | ||
| Q3 25 | $61.5M | $277.1M | ||
| Q2 25 | $21.4M | $216.4M | ||
| Q1 25 | $-12.8M | $271.1M | ||
| Q4 24 | $77.0M | $136.2M | ||
| Q3 24 | $168.9M | $283.8M | ||
| Q2 24 | $45.8M | $106.8M | ||
| Q1 24 | $36.8M | $128.7M |
| Q4 25 | $124.2M | $35.4M | ||
| Q3 25 | $46.7M | $139.5M | ||
| Q2 25 | $7.9M | $99.8M | ||
| Q1 25 | $-33.8M | $157.5M | ||
| Q4 24 | $42.4M | $-4.4M | ||
| Q3 24 | $141.5M | $156.8M | ||
| Q2 24 | $27.3M | $-34.3M | ||
| Q1 24 | $10.3M | $-37.9M |
| Q4 25 | 15.9% | 4.6% | ||
| Q3 25 | 5.6% | 17.5% | ||
| Q2 25 | 1.1% | 11.8% | ||
| Q1 25 | -5.1% | 18.0% | ||
| Q4 24 | 5.8% | -0.5% | ||
| Q3 24 | 17.6% | 19.6% | ||
| Q2 24 | 3.9% | -4.9% | ||
| Q1 24 | 1.6% | -6.0% |
| Q4 25 | 3.2% | 19.9% | ||
| Q3 25 | 1.8% | 17.3% | ||
| Q2 25 | 1.9% | 13.7% | ||
| Q1 25 | 3.2% | 13.0% | ||
| Q4 24 | 4.7% | 15.2% | ||
| Q3 24 | 3.4% | 15.9% | ||
| Q2 24 | 2.6% | 20.4% | ||
| Q1 24 | 4.0% | 26.2% |
| Q4 25 | — | 2.16× | ||
| Q3 25 | 1.76× | — | ||
| Q2 25 | 0.14× | 5.05× | ||
| Q1 25 | -0.45× | 2.50× | ||
| Q4 24 | 3.45× | 1.41× | ||
| Q3 24 | 3.55× | 4.64× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | 1.14× | 1.35× |
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% |
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
