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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and SELECT MEDICAL HOLDINGS CORP (SEM). Click either name above to swap in a different company.
SELECT MEDICAL HOLDINGS CORP is the larger business by last-quarter revenue ($1.4B vs $778.9M, roughly 1.8× ENERGIZER HOLDINGS, INC.). SELECT MEDICAL HOLDINGS CORP runs the higher net margin — 4.5% vs -0.4%, a 4.9% gap on every dollar of revenue. On growth, ENERGIZER HOLDINGS, INC. posted the faster year-over-year revenue change (6.5% vs 5.0%). Over the past eight quarters, ENERGIZER HOLDINGS, INC.'s revenue compounded faster (8.4% CAGR vs 5.3%).
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.
Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.
ENR vs SEM — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $778.9M | $1.4B |
| Net Profit | $-3.4M | $63.8M |
| Gross Margin | 32.9% | — |
| Operating Margin | -0.6% | 6.9% |
| Net Margin | -0.4% | 4.5% |
| Revenue YoY | 6.5% | 5.0% |
| Net Profit YoY | -115.2% | -14.7% |
| EPS (diluted) | — | $0.35 |
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.
| Q1 26 | — | $1.4B | ||
| Q4 25 | $778.9M | $1.4B | ||
| Q3 25 | $832.8M | $1.4B | ||
| Q2 25 | $725.3M | $1.3B | ||
| Q1 25 | $662.9M | $1.4B | ||
| Q4 24 | $731.7M | $1.3B | ||
| Q3 24 | $805.7M | $1.3B | ||
| Q2 24 | $701.4M | $1.3B |
| Q1 26 | — | $63.8M | ||
| Q4 25 | $-3.4M | $20.2M | ||
| Q3 25 | $34.9M | $28.8M | ||
| Q2 25 | $153.5M | $40.6M | ||
| Q1 25 | $28.3M | $56.7M | ||
| Q4 24 | $22.3M | $-16.1M | ||
| Q3 24 | $47.6M | $55.6M | ||
| Q2 24 | $-43.8M | $77.6M |
| Q1 26 | — | — | ||
| 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 26 | — | 6.9% | ||
| Q4 25 | -0.6% | 4.6% | ||
| Q3 25 | 6.4% | 5.4% | ||
| Q2 25 | 22.6% | 6.5% | ||
| Q1 25 | 5.5% | 8.3% | ||
| Q4 24 | 4.1% | 1.6% | ||
| Q3 24 | 7.4% | 4.3% | ||
| Q2 24 | -8.2% | 5.8% |
| Q1 26 | — | 4.5% | ||
| Q4 25 | -0.4% | 1.4% | ||
| Q3 25 | 4.2% | 2.1% | ||
| Q2 25 | 21.2% | 3.0% | ||
| Q1 25 | 4.3% | 4.2% | ||
| Q4 24 | 3.0% | -1.2% | ||
| Q3 24 | 5.9% | 4.4% | ||
| Q2 24 | -6.2% | 6.1% |
| Q1 26 | — | $0.35 | ||
| Q4 25 | — | $0.17 | ||
| Q3 25 | — | $0.23 | ||
| Q2 25 | — | $0.32 | ||
| Q1 25 | — | $0.44 | ||
| Q4 24 | — | $-0.12 | ||
| Q3 24 | — | $0.43 | ||
| Q2 24 | — | $0.60 |
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 | $25.7M |
| Total DebtLower is stronger | — | $1.8B |
| Stockholders' EquityBook value | $141.3M | $2.1B |
| Total Assets | $4.4B | $6.0B |
| Debt / EquityLower = less leverage | — | 0.88× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $25.7M | ||
| Q4 25 | $214.8M | $26.5M | ||
| Q3 25 | $236.2M | $60.1M | ||
| Q2 25 | $171.1M | $52.3M | ||
| Q1 25 | $139.3M | $53.2M | ||
| Q4 24 | $195.9M | $59.7M | ||
| Q3 24 | $216.9M | $191.5M | ||
| Q2 24 | $146.7M | $111.2M |
| Q1 26 | — | $1.8B | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | $3.4B | $1.7B | ||
| Q2 25 | $3.2B | $1.8B | ||
| Q1 25 | $3.2B | $1.8B | ||
| Q4 24 | $3.1B | $1.7B | ||
| Q3 24 | $3.2B | $3.1B | ||
| Q2 24 | $3.2B | $3.6B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $141.3M | $1.7B | ||
| Q3 25 | $169.9M | $1.7B | ||
| Q2 25 | $183.2M | $1.7B | ||
| Q1 25 | $133.9M | $1.7B | ||
| Q4 24 | $140.6M | $1.7B | ||
| Q3 24 | $135.8M | $1.9B | ||
| Q2 24 | $123.4M | $1.4B |
| Q1 26 | — | $6.0B | ||
| Q4 25 | $4.4B | $5.9B | ||
| Q3 25 | $4.6B | $5.7B | ||
| Q2 25 | $4.5B | $5.7B | ||
| Q1 25 | $4.2B | $5.7B | ||
| Q4 24 | $4.2B | $5.6B | ||
| Q3 24 | $4.3B | $8.0B | ||
| Q2 24 | $4.2B | $7.9B |
| Q1 26 | — | 0.88× | ||
| Q4 25 | — | 1.06× | ||
| Q3 25 | 20.28× | 1.03× | ||
| Q2 25 | 17.57× | 1.10× | ||
| Q1 25 | 23.56× | 1.03× | ||
| Q4 24 | 22.17× | 1.01× | ||
| Q3 24 | 23.51× | 1.62× | ||
| Q2 24 | 26.04× | 2.54× |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $149.5M | $64.3M | ||
| Q3 25 | $61.5M | $175.3M | ||
| Q2 25 | $21.4M | $110.3M | ||
| Q1 25 | $-12.8M | $-3.5M | ||
| Q4 24 | $77.0M | $125.4M | ||
| Q3 24 | $168.9M | $181.0M | ||
| Q2 24 | $45.8M | $278.2M |
| Q1 26 | — | — | ||
| Q4 25 | $124.2M | $5.2M | ||
| Q3 25 | $46.7M | $122.2M | ||
| Q2 25 | $7.9M | $45.6M | ||
| Q1 25 | $-33.8M | $-55.8M | ||
| Q4 24 | $42.4M | $62.0M | ||
| Q3 24 | $141.5M | $130.3M | ||
| Q2 24 | $27.3M | $222.6M |
| Q1 26 | — | — | ||
| Q4 25 | 15.9% | 0.4% | ||
| Q3 25 | 5.6% | 9.0% | ||
| Q2 25 | 1.1% | 3.4% | ||
| Q1 25 | -5.1% | -4.1% | ||
| Q4 24 | 5.8% | 4.7% | ||
| Q3 24 | 17.6% | 10.2% | ||
| Q2 24 | 3.9% | 17.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.2% | 4.2% | ||
| Q3 25 | 1.8% | 3.9% | ||
| Q2 25 | 1.9% | 4.8% | ||
| Q1 25 | 3.2% | 3.9% | ||
| Q4 24 | 4.7% | 4.8% | ||
| Q3 24 | 3.4% | 4.0% | ||
| Q2 24 | 2.6% | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.19× | ||
| Q3 25 | 1.76× | 6.09× | ||
| Q2 25 | 0.14× | 2.72× | ||
| Q1 25 | -0.45× | -0.06× | ||
| Q4 24 | 3.45× | — | ||
| Q3 24 | 3.55× | 3.25× | ||
| Q2 24 | — | 3.59× |
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% |
SEM
Segment breakdown not available.
