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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and Teradyne (TER). Click either name above to swap in a different company.
Teradyne is the larger business by last-quarter revenue ($1.3B vs $778.9M, roughly 1.6× ENERGIZER HOLDINGS, INC.). Teradyne runs the higher net margin — 31.1% vs -0.4%, a 31.5% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs 6.5%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% 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.
Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Its high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.
ENR vs TER — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $778.9M | $1.3B |
| Net Profit | $-3.4M | $398.9M |
| Gross Margin | 32.9% | 60.9% |
| Operating Margin | -0.6% | 36.9% |
| Net Margin | -0.4% | 31.1% |
| Revenue YoY | 6.5% | 87.0% |
| Net Profit YoY | -115.2% | — |
| EPS (diluted) | — | $2.53 |
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 | — | $1.3B | ||
| Q4 25 | $778.9M | $1.1B | ||
| Q3 25 | $832.8M | $769.2M | ||
| Q2 25 | $725.3M | $651.8M | ||
| Q1 25 | $662.9M | $685.7M | ||
| Q4 24 | $731.7M | $752.9M | ||
| Q3 24 | $805.7M | $737.3M | ||
| Q2 24 | $701.4M | $729.9M |
| Q1 26 | — | $398.9M | ||
| Q4 25 | $-3.4M | $257.2M | ||
| Q3 25 | $34.9M | $119.6M | ||
| Q2 25 | $153.5M | $78.4M | ||
| Q1 25 | $28.3M | $98.9M | ||
| Q4 24 | $22.3M | $146.3M | ||
| Q3 24 | $47.6M | $145.6M | ||
| Q2 24 | $-43.8M | $186.3M |
| Q1 26 | — | 60.9% | ||
| Q4 25 | 32.9% | 57.2% | ||
| Q3 25 | 36.6% | 58.4% | ||
| Q2 25 | 55.1% | 57.2% | ||
| Q1 25 | 39.1% | 60.6% | ||
| Q4 24 | 36.8% | 59.4% | ||
| Q3 24 | 38.1% | 59.2% | ||
| Q2 24 | 39.5% | 58.3% |
| Q1 26 | — | 36.9% | ||
| Q4 25 | -0.6% | 27.1% | ||
| Q3 25 | 6.4% | 18.9% | ||
| Q2 25 | 22.6% | 13.9% | ||
| Q1 25 | 5.5% | 17.6% | ||
| Q4 24 | 4.1% | 20.4% | ||
| Q3 24 | 7.4% | 20.6% | ||
| Q2 24 | -8.2% | 28.8% |
| Q1 26 | — | 31.1% | ||
| Q4 25 | -0.4% | 23.7% | ||
| Q3 25 | 4.2% | 15.5% | ||
| Q2 25 | 21.2% | 12.0% | ||
| Q1 25 | 4.3% | 14.4% | ||
| Q4 24 | 3.0% | 19.4% | ||
| Q3 24 | 5.9% | 19.8% | ||
| Q2 24 | -6.2% | 25.5% |
| Q1 26 | — | $2.53 | ||
| Q4 25 | — | $1.62 | ||
| Q3 25 | — | $0.75 | ||
| Q2 25 | — | $0.49 | ||
| Q1 25 | — | $0.61 | ||
| Q4 24 | — | $0.89 | ||
| Q3 24 | — | $0.89 | ||
| Q2 24 | — | $1.14 |
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 | $241.9M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $141.3M | — |
| Total Assets | $4.4B | $4.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $241.9M | ||
| Q4 25 | $214.8M | $293.8M | ||
| Q3 25 | $236.2M | $272.7M | ||
| Q2 25 | $171.1M | $339.3M | ||
| Q1 25 | $139.3M | $475.6M | ||
| Q4 24 | $195.9M | $553.4M | ||
| Q3 24 | $216.9M | $510.0M | ||
| Q2 24 | $146.7M | $421.9M |
| Q1 26 | — | $0 | ||
| 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 26 | — | — | ||
| Q4 25 | $141.3M | $2.8B | ||
| Q3 25 | $169.9M | $2.7B | ||
| Q2 25 | $183.2M | $2.8B | ||
| Q1 25 | $133.9M | $2.8B | ||
| Q4 24 | $140.6M | $2.8B | ||
| Q3 24 | $135.8M | $2.9B | ||
| Q2 24 | $123.4M | $2.7B |
| Q1 26 | — | $4.4B | ||
| Q4 25 | $4.4B | $4.2B | ||
| Q3 25 | $4.6B | $4.0B | ||
| Q2 25 | $4.5B | $3.8B | ||
| Q1 25 | $4.2B | $3.7B | ||
| Q4 24 | $4.2B | $3.7B | ||
| Q3 24 | $4.3B | $3.8B | ||
| Q2 24 | $4.2B | $3.6B |
| Q1 26 | — | — | ||
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $149.5M | $265.1M |
| Free Cash FlowOCF − Capex | $124.2M | — |
| FCF MarginFCF / Revenue | 15.9% | — |
| Capex IntensityCapex / Revenue | 3.2% | — |
| Cash ConversionOCF / Net Profit | — | 0.66× |
| TTM Free Cash FlowTrailing 4 quarters | $145.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $265.1M | ||
| Q4 25 | $149.5M | $281.6M | ||
| Q3 25 | $61.5M | $49.0M | ||
| Q2 25 | $21.4M | $182.1M | ||
| Q1 25 | $-12.8M | $161.6M | ||
| Q4 24 | $77.0M | $282.6M | ||
| Q3 24 | $168.9M | $166.3M | ||
| Q2 24 | $45.8M | $216.1M |
| Q1 26 | — | — | ||
| Q4 25 | $124.2M | $218.8M | ||
| Q3 25 | $46.7M | $2.4M | ||
| Q2 25 | $7.9M | $131.7M | ||
| Q1 25 | $-33.8M | $97.6M | ||
| Q4 24 | $42.4M | $225.2M | ||
| Q3 24 | $141.5M | $114.4M | ||
| Q2 24 | $27.3M | $171.2M |
| Q1 26 | — | — | ||
| Q4 25 | 15.9% | 20.2% | ||
| Q3 25 | 5.6% | 0.3% | ||
| Q2 25 | 1.1% | 20.2% | ||
| Q1 25 | -5.1% | 14.2% | ||
| Q4 24 | 5.8% | 29.9% | ||
| Q3 24 | 17.6% | 15.5% | ||
| Q2 24 | 3.9% | 23.5% |
| Q1 26 | — | — | ||
| Q4 25 | 3.2% | 5.8% | ||
| Q3 25 | 1.8% | 6.1% | ||
| Q2 25 | 1.9% | 7.7% | ||
| Q1 25 | 3.2% | 9.3% | ||
| Q4 24 | 4.7% | 7.6% | ||
| Q3 24 | 3.4% | 7.0% | ||
| Q2 24 | 2.6% | 6.1% |
| Q1 26 | — | 0.66× | ||
| Q4 25 | — | 1.09× | ||
| Q3 25 | 1.76× | 0.41× | ||
| Q2 25 | 0.14× | 2.32× | ||
| Q1 25 | -0.45× | 1.63× | ||
| Q4 24 | 3.45× | 1.93× | ||
| Q3 24 | 3.55× | 1.14× | ||
| Q2 24 | — | 1.16× |
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% |
TER
Segment breakdown not available.