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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and RH (RH). Click either name above to swap in a different company.
RH is the larger business by last-quarter revenue ($883.8M vs $778.9M, roughly 1.1× ENERGIZER HOLDINGS, INC.). RH runs the higher net margin — 4.1% vs -0.4%, a 4.5% gap on every dollar of revenue. On growth, RH posted the faster year-over-year revenue change (8.9% vs 6.5%). ENERGIZER HOLDINGS, INC. produced more free cash flow last quarter ($124.2M vs $83.0M). Over the past eight quarters, RH's revenue compounded faster (9.4% 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.
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
ENR vs RH — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $778.9M | $883.8M |
| Net Profit | $-3.4M | $36.3M |
| Gross Margin | 32.9% | 44.1% |
| Operating Margin | -0.6% | 12.0% |
| Net Margin | -0.4% | 4.1% |
| Revenue YoY | 6.5% | 8.9% |
| Net Profit YoY | -115.2% | 9.3% |
| EPS (diluted) | — | $1.83 |
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 | $883.8M | ||
| Q3 25 | $832.8M | $899.2M | ||
| Q2 25 | $725.3M | $814.0M | ||
| Q1 25 | $662.9M | $812.4M | ||
| Q4 24 | $731.7M | $811.7M | ||
| Q3 24 | $805.7M | $829.7M | ||
| Q2 24 | $701.4M | $727.0M | ||
| Q1 24 | $663.3M | $738.3M |
| Q4 25 | $-3.4M | $36.3M | ||
| Q3 25 | $34.9M | $51.7M | ||
| Q2 25 | $153.5M | $8.0M | ||
| Q1 25 | $28.3M | $13.9M | ||
| Q4 24 | $22.3M | $33.2M | ||
| Q3 24 | $47.6M | $29.0M | ||
| Q2 24 | $-43.8M | $-3.6M | ||
| Q1 24 | $32.4M | $11.4M |
| Q4 25 | 32.9% | 44.1% | ||
| Q3 25 | 36.6% | 45.5% | ||
| Q2 25 | 55.1% | 43.7% | ||
| Q1 25 | 39.1% | 44.7% | ||
| Q4 24 | 36.8% | 44.5% | ||
| Q3 24 | 38.1% | 45.2% | ||
| Q2 24 | 39.5% | 43.5% | ||
| Q1 24 | 38.2% | 43.5% |
| Q4 25 | -0.6% | 12.0% | ||
| Q3 25 | 6.4% | 14.3% | ||
| Q2 25 | 22.6% | 6.9% | ||
| Q1 25 | 5.5% | 8.7% | ||
| Q4 24 | 4.1% | 12.5% | ||
| Q3 24 | 7.4% | 11.6% | ||
| Q2 24 | -8.2% | 7.5% | ||
| Q1 24 | 6.4% | 8.7% |
| Q4 25 | -0.4% | 4.1% | ||
| Q3 25 | 4.2% | 5.8% | ||
| Q2 25 | 21.2% | 1.0% | ||
| Q1 25 | 4.3% | 1.7% | ||
| Q4 24 | 3.0% | 4.1% | ||
| Q3 24 | 5.9% | 3.5% | ||
| Q2 24 | -6.2% | -0.5% | ||
| Q1 24 | 4.9% | 1.5% |
| Q4 25 | — | $1.83 | ||
| Q3 25 | — | $2.62 | ||
| Q2 25 | — | $0.40 | ||
| Q1 25 | — | $0.71 | ||
| Q4 24 | — | $1.66 | ||
| Q3 24 | — | $1.45 | ||
| Q2 24 | — | $-0.20 | ||
| 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 | $43.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $141.3M | $3.3M |
| Total Assets | $4.4B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $214.8M | $43.1M | ||
| Q3 25 | $236.2M | $34.6M | ||
| Q2 25 | $171.1M | $46.1M | ||
| Q1 25 | $139.3M | $30.4M | ||
| Q4 24 | $195.9M | $87.0M | ||
| Q3 24 | $216.9M | $78.3M | ||
| Q2 24 | $146.7M | $101.8M | ||
| Q1 24 | $158.1M | $123.7M |
| 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 | $3.3M | ||
| Q3 25 | $169.9M | $-40.9M | ||
| Q2 25 | $183.2M | $-110.8M | ||
| Q1 25 | $133.9M | $-163.6M | ||
| Q4 24 | $140.6M | $-183.0M | ||
| Q3 24 | $135.8M | $-234.7M | ||
| Q2 24 | $123.4M | $-289.9M | ||
| Q1 24 | $191.3M | $-297.4M |
| Q4 25 | $4.4B | $4.8B | ||
| Q3 25 | $4.6B | $4.7B | ||
| Q2 25 | $4.5B | $4.7B | ||
| Q1 25 | $4.2B | $4.6B | ||
| Q4 24 | $4.2B | $4.5B | ||
| Q3 24 | $4.3B | $4.4B | ||
| Q2 24 | $4.2B | $4.2B | ||
| Q1 24 | $4.3B | $4.1B |
| 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 | $131.9M |
| Free Cash FlowOCF − Capex | $124.2M | $83.0M |
| FCF MarginFCF / Revenue | 15.9% | 9.4% |
| Capex IntensityCapex / Revenue | 3.2% | 5.5% |
| Cash ConversionOCF / Net Profit | — | 3.64× |
| TTM Free Cash FlowTrailing 4 quarters | $145.0M | $128.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $149.5M | $131.9M | ||
| Q3 25 | $61.5M | $137.7M | ||
| Q2 25 | $21.4M | $86.6M | ||
| Q1 25 | $-12.8M | $-18.8M | ||
| Q4 24 | $77.0M | $-31.4M | ||
| Q3 24 | $168.9M | $11.2M | ||
| Q2 24 | $45.8M | $56.1M | ||
| Q1 24 | $36.8M | $-114.0M |
| Q4 25 | $124.2M | $83.0M | ||
| Q3 25 | $46.7M | $80.7M | ||
| Q2 25 | $7.9M | $34.1M | ||
| Q1 25 | $-33.8M | $-69.7M | ||
| Q4 24 | $42.4M | $-96.0M | ||
| Q3 24 | $141.5M | $-37.9M | ||
| Q2 24 | $27.3M | $-10.1M | ||
| Q1 24 | $10.3M | $-251.5M |
| Q4 25 | 15.9% | 9.4% | ||
| Q3 25 | 5.6% | 9.0% | ||
| Q2 25 | 1.1% | 4.2% | ||
| Q1 25 | -5.1% | -8.6% | ||
| Q4 24 | 5.8% | -11.8% | ||
| Q3 24 | 17.6% | -4.6% | ||
| Q2 24 | 3.9% | -1.4% | ||
| Q1 24 | 1.6% | -34.1% |
| Q4 25 | 3.2% | 5.5% | ||
| Q3 25 | 1.8% | 6.3% | ||
| Q2 25 | 1.9% | 6.5% | ||
| Q1 25 | 3.2% | 6.3% | ||
| Q4 24 | 4.7% | 8.0% | ||
| Q3 24 | 3.4% | 5.9% | ||
| Q2 24 | 2.6% | 9.1% | ||
| Q1 24 | 4.0% | 18.6% |
| Q4 25 | — | 3.64× | ||
| Q3 25 | 1.76× | 2.66× | ||
| Q2 25 | 0.14× | 10.78× | ||
| Q1 25 | -0.45× | -1.35× | ||
| Q4 24 | 3.45× | -0.95× | ||
| Q3 24 | 3.55× | 0.39× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.14× | -10.01× |
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% |
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
