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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and STAR GROUP, L.P. (SGU). Click either name above to swap in a different company.

ENERGIZER HOLDINGS, INC. is the larger business by last-quarter revenue ($778.9M vs $539.3M, roughly 1.4× STAR GROUP, L.P.). STAR GROUP, L.P. runs the higher net margin — 6.6% vs 1.3%, a 5.3% gap on every dollar of revenue. On growth, STAR GROUP, L.P. posted the faster year-over-year revenue change (10.5% vs -3.0%). ENERGIZER HOLDINGS, INC. produced more free cash flow last quarter ($2.0B vs $-59.7M).

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.

Lone Star Funds, legal name of main entity Lone Star Global Acquisitions, Ltd. is a global private equity firm that invests in corporate equity, real estate, credit, and other financial assets. The founder of Lone Star established its first fund in 1995 and Lone Star has to date organized 25 private equity funds with total capital commitments since inception of over $95 billion. Lone Star's investors include corporate and public pension funds, sovereign wealth funds, university endowments, fo...

ENR vs SGU — Head-to-Head

Bigger by revenue
ENR
ENR
1.4× larger
ENR
$778.9M
$539.3M
SGU
Growing faster (revenue YoY)
SGU
SGU
+13.4% gap
SGU
10.5%
-3.0%
ENR
Higher net margin
SGU
SGU
5.3% more per $
SGU
6.6%
1.3%
ENR
More free cash flow
ENR
ENR
$2.1B more FCF
ENR
$2.0B
$-59.7M
SGU

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
ENR
ENR
SGU
SGU
Revenue
$778.9M
$539.3M
Net Profit
$10.1M
$35.8M
Gross Margin
33.2%
Operating Margin
10.1%
Net Margin
1.3%
6.6%
Revenue YoY
-3.0%
10.5%
Net Profit YoY
-64.3%
8.8%
EPS (diluted)
$0.15

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
SGU
SGU
Q1 26
$778.9M
Q4 25
$778.9M
$539.3M
Q3 25
$832.8M
Q2 25
$725.3M
Q1 25
$662.9M
Q4 24
$731.7M
Q3 24
$805.7M
Q2 24
$701.4M
Net Profit
ENR
ENR
SGU
SGU
Q1 26
$10.1M
Q4 25
$-3.4M
$35.8M
Q3 25
$34.9M
Q2 25
$153.5M
Q1 25
$28.3M
Q4 24
$22.3M
Q3 24
$47.6M
Q2 24
$-43.8M
Gross Margin
ENR
ENR
SGU
SGU
Q1 26
33.2%
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%
Operating Margin
ENR
ENR
SGU
SGU
Q1 26
Q4 25
-0.6%
10.1%
Q3 25
6.4%
Q2 25
22.6%
Q1 25
5.5%
Q4 24
4.1%
Q3 24
7.4%
Q2 24
-8.2%
Net Margin
ENR
ENR
SGU
SGU
Q1 26
1.3%
Q4 25
-0.4%
6.6%
Q3 25
4.2%
Q2 25
21.2%
Q1 25
4.3%
Q4 24
3.0%
Q3 24
5.9%
Q2 24
-6.2%
EPS (diluted)
ENR
ENR
SGU
SGU
Q1 26
$0.15
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Balance Sheet & Financial Strength

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

Metric
ENR
ENR
SGU
SGU
Cash + ST InvestmentsLiquidity on hand
$172.5M
$19.9M
Total DebtLower is stronger
$3.3B
$254.8M
Stockholders' EquityBook value
$173.2M
Total Assets
$4.4B
$1.1B
Debt / EquityLower = less leverage
19.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENR
ENR
SGU
SGU
Q1 26
$172.5M
Q4 25
$214.8M
$19.9M
Q3 25
$236.2M
Q2 25
$171.1M
Q1 25
$139.3M
Q4 24
$195.9M
Q3 24
$216.9M
Q2 24
$146.7M
Total Debt
ENR
ENR
SGU
SGU
Q1 26
$3.3B
Q4 25
$254.8M
Q3 25
$3.4B
Q2 25
$3.2B
Q1 25
$3.2B
Q4 24
$3.1B
Q3 24
$3.2B
Q2 24
$3.2B
Stockholders' Equity
ENR
ENR
SGU
SGU
Q1 26
$173.2M
Q4 25
$141.3M
Q3 25
$169.9M
Q2 25
$183.2M
Q1 25
$133.9M
Q4 24
$140.6M
Q3 24
$135.8M
Q2 24
$123.4M
Total Assets
ENR
ENR
SGU
SGU
Q1 26
$4.4B
Q4 25
$4.4B
$1.1B
Q3 25
$4.6B
Q2 25
$4.5B
Q1 25
$4.2B
Q4 24
$4.2B
Q3 24
$4.3B
Q2 24
$4.2B
Debt / Equity
ENR
ENR
SGU
SGU
Q1 26
19.13×
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×

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
SGU
SGU
Operating Cash FlowLast quarter
$-55.2M
Free Cash FlowOCF − Capex
$2.0B
$-59.7M
FCF MarginFCF / Revenue
260.1%
-11.1%
Capex IntensityCapex / Revenue
5.5%
0.8%
Cash ConversionOCF / Net Profit
-1.54×
TTM Free Cash FlowTrailing 4 quarters
$2.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENR
ENR
SGU
SGU
Q1 26
Q4 25
$149.5M
$-55.2M
Q3 25
$61.5M
Q2 25
$21.4M
Q1 25
$-12.8M
Q4 24
$77.0M
Q3 24
$168.9M
Q2 24
$45.8M
Free Cash Flow
ENR
ENR
SGU
SGU
Q1 26
$2.0B
Q4 25
$124.2M
$-59.7M
Q3 25
$46.7M
Q2 25
$7.9M
Q1 25
$-33.8M
Q4 24
$42.4M
Q3 24
$141.5M
Q2 24
$27.3M
FCF Margin
ENR
ENR
SGU
SGU
Q1 26
260.1%
Q4 25
15.9%
-11.1%
Q3 25
5.6%
Q2 25
1.1%
Q1 25
-5.1%
Q4 24
5.8%
Q3 24
17.6%
Q2 24
3.9%
Capex Intensity
ENR
ENR
SGU
SGU
Q1 26
5.5%
Q4 25
3.2%
0.8%
Q3 25
1.8%
Q2 25
1.9%
Q1 25
3.2%
Q4 24
4.7%
Q3 24
3.4%
Q2 24
2.6%
Cash Conversion
ENR
ENR
SGU
SGU
Q1 26
Q4 25
-1.54×
Q3 25
1.76×
Q2 25
0.14×
Q1 25
-0.45×
Q4 24
3.45×
Q3 24
3.55×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ENR
ENR

Segment breakdown not available.

SGU
SGU

Home Heating Oil And Propane$372.6M69%
Motor Fuel And Other Petroleum Products$75.4M14%
Equipment Installations$39.6M7%
Equipment Maintenance Service Contracts$30.3M6%
Billable Call Services$21.4M4%

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