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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and Reynolds Consumer Products Inc. (REYN). Click either name above to swap in a different company.

Reynolds Consumer Products Inc. is the larger business by last-quarter revenue ($1.0B vs $778.9M, roughly 1.3× ENERGIZER HOLDINGS, INC.). Reynolds Consumer Products Inc. runs the higher net margin — 11.4% 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 1.2%). Reynolds Consumer Products Inc. produced more free cash flow last quarter ($200.0M vs $124.2M). Over the past eight quarters, Reynolds Consumer Products Inc.'s revenue compounded faster (11.4% 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.

The Rival Company is an American manufacturer of small appliances that produces products under the Bionaire, Crock-Pot, Fasco, Patton, Pollenex, Rival, Simer, and White Mountain brands. It became a wholly owned subsidiary of Holmes Products Corp. in 1999, and later became a brand of Sunbeam Products, a subsidiary of Jarden Corporation, which purchased Holmes in 2005. Jarden, in turn, merged with Newell Rubbermaid in 2016. It is now part of the Newell Brands company.

ENR vs REYN — Head-to-Head

Bigger by revenue
REYN
REYN
1.3× larger
REYN
$1.0B
$778.9M
ENR
Growing faster (revenue YoY)
ENR
ENR
+5.3% gap
ENR
6.5%
1.2%
REYN
Higher net margin
REYN
REYN
11.8% more per $
REYN
11.4%
-0.4%
ENR
More free cash flow
REYN
REYN
$75.8M more FCF
REYN
$200.0M
$124.2M
ENR
Faster 2-yr revenue CAGR
REYN
REYN
Annualised
REYN
11.4%
8.4%
ENR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ENR
ENR
REYN
REYN
Revenue
$778.9M
$1.0B
Net Profit
$-3.4M
$118.0M
Gross Margin
32.9%
25.7%
Operating Margin
-0.6%
14.8%
Net Margin
-0.4%
11.4%
Revenue YoY
6.5%
1.2%
Net Profit YoY
-115.2%
-1.7%
EPS (diluted)
$0.55

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
REYN
REYN
Q4 25
$778.9M
$1.0B
Q3 25
$832.8M
$931.0M
Q2 25
$725.3M
$938.0M
Q1 25
$662.9M
$818.0M
Q4 24
$731.7M
$1.0B
Q3 24
$805.7M
$910.0M
Q2 24
$701.4M
$930.0M
Q1 24
$663.3M
$833.0M
Net Profit
ENR
ENR
REYN
REYN
Q4 25
$-3.4M
$118.0M
Q3 25
$34.9M
$79.0M
Q2 25
$153.5M
$73.0M
Q1 25
$28.3M
$31.0M
Q4 24
$22.3M
$120.0M
Q3 24
$47.6M
$86.0M
Q2 24
$-43.8M
$97.0M
Q1 24
$32.4M
$49.0M
Gross Margin
ENR
ENR
REYN
REYN
Q4 25
32.9%
25.7%
Q3 25
36.6%
25.0%
Q2 25
55.1%
24.1%
Q1 25
39.1%
23.1%
Q4 24
36.8%
27.6%
Q3 24
38.1%
26.3%
Q2 24
39.5%
27.5%
Q1 24
38.2%
24.1%
Operating Margin
ENR
ENR
REYN
REYN
Q4 25
-0.6%
14.8%
Q3 25
6.4%
11.0%
Q2 25
22.6%
10.2%
Q1 25
5.5%
5.1%
Q4 24
4.1%
15.5%
Q3 24
7.4%
12.4%
Q2 24
-8.2%
12.4%
Q1 24
6.4%
7.8%
Net Margin
ENR
ENR
REYN
REYN
Q4 25
-0.4%
11.4%
Q3 25
4.2%
8.5%
Q2 25
21.2%
7.8%
Q1 25
4.3%
3.8%
Q4 24
3.0%
11.7%
Q3 24
5.9%
9.5%
Q2 24
-6.2%
10.4%
Q1 24
4.9%
5.9%
EPS (diluted)
ENR
ENR
REYN
REYN
Q4 25
$0.55
Q3 25
$0.38
Q2 25
$0.35
Q1 25
$0.15
Q4 24
$0.57
Q3 24
$0.41
Q2 24
$0.46
Q1 24
$0.23

Balance Sheet & Financial Strength

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

Metric
ENR
ENR
REYN
REYN
Cash + ST InvestmentsLiquidity on hand
$214.8M
$147.0M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$141.3M
$2.3B
Total Assets
$4.4B
$4.9B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENR
ENR
REYN
REYN
Q4 25
$214.8M
$147.0M
Q3 25
$236.2M
$53.0M
Q2 25
$171.1M
$57.0M
Q1 25
$139.3M
$58.0M
Q4 24
$195.9M
$137.0M
Q3 24
$216.9M
$96.0M
Q2 24
$146.7M
$101.0M
Q1 24
$158.1M
$135.0M
Total Debt
ENR
ENR
REYN
REYN
Q4 25
$1.6B
Q3 25
$3.4B
$1.6B
Q2 25
$3.2B
$1.6B
Q1 25
$3.2B
$1.6B
Q4 24
$3.1B
$1.7B
Q3 24
$3.2B
$1.7B
Q2 24
$3.2B
$1.8B
Q1 24
$3.2B
$1.8B
Stockholders' Equity
ENR
ENR
REYN
REYN
Q4 25
$141.3M
$2.3B
Q3 25
$169.9M
$2.2B
Q2 25
$183.2M
$2.1B
Q1 25
$133.9M
$2.1B
Q4 24
$140.6M
$2.1B
Q3 24
$135.8M
$2.1B
Q2 24
$123.4M
$2.0B
Q1 24
$191.3M
$2.0B
Total Assets
ENR
ENR
REYN
REYN
Q4 25
$4.4B
$4.9B
Q3 25
$4.6B
$4.9B
Q2 25
$4.5B
$4.9B
Q1 25
$4.2B
$4.8B
Q4 24
$4.2B
$4.9B
Q3 24
$4.3B
$4.8B
Q2 24
$4.2B
$4.9B
Q1 24
$4.3B
$4.9B
Debt / Equity
ENR
ENR
REYN
REYN
Q4 25
0.70×
Q3 25
20.28×
0.75×
Q2 25
17.57×
0.76×
Q1 25
23.56×
0.77×
Q4 24
22.17×
0.79×
Q3 24
23.51×
0.84×
Q2 24
26.04×
0.87×
Q1 24
16.86×
0.92×

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
REYN
REYN
Operating Cash FlowLast quarter
$149.5M
$237.0M
Free Cash FlowOCF − Capex
$124.2M
$200.0M
FCF MarginFCF / Revenue
15.9%
19.3%
Capex IntensityCapex / Revenue
3.2%
3.6%
Cash ConversionOCF / Net Profit
2.01×
TTM Free Cash FlowTrailing 4 quarters
$145.0M
$316.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENR
ENR
REYN
REYN
Q4 25
$149.5M
$237.0M
Q3 25
$61.5M
$93.0M
Q2 25
$21.4M
$91.0M
Q1 25
$-12.8M
$56.0M
Q4 24
$77.0M
$182.0M
Q3 24
$168.9M
$124.0M
Q2 24
$45.8M
$84.0M
Q1 24
$36.8M
$99.0M
Free Cash Flow
ENR
ENR
REYN
REYN
Q4 25
$124.2M
$200.0M
Q3 25
$46.7M
$48.0M
Q2 25
$7.9M
$51.0M
Q1 25
$-33.8M
$17.0M
Q4 24
$42.4M
$141.0M
Q3 24
$141.5M
$93.0M
Q2 24
$27.3M
$65.0M
Q1 24
$10.3M
$70.0M
FCF Margin
ENR
ENR
REYN
REYN
Q4 25
15.9%
19.3%
Q3 25
5.6%
5.2%
Q2 25
1.1%
5.4%
Q1 25
-5.1%
2.1%
Q4 24
5.8%
13.8%
Q3 24
17.6%
10.2%
Q2 24
3.9%
7.0%
Q1 24
1.6%
8.4%
Capex Intensity
ENR
ENR
REYN
REYN
Q4 25
3.2%
3.6%
Q3 25
1.8%
4.8%
Q2 25
1.9%
4.3%
Q1 25
3.2%
4.8%
Q4 24
4.7%
4.0%
Q3 24
3.4%
3.4%
Q2 24
2.6%
2.0%
Q1 24
4.0%
3.5%
Cash Conversion
ENR
ENR
REYN
REYN
Q4 25
2.01×
Q3 25
1.76×
1.18×
Q2 25
0.14×
1.25×
Q1 25
-0.45×
1.81×
Q4 24
3.45×
1.52×
Q3 24
3.55×
1.44×
Q2 24
0.87×
Q1 24
1.14×
2.02×

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%

REYN
REYN

Reynolds Cooking And Baking$397.0M38%
Hefty Waste And Storage$247.0M24%
Tableware Products$229.0M22%
Presto Products$164.0M16%

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