vs
Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and Trade Desk (The) (TTD). Click either name above to swap in a different company.
Trade Desk (The) is the larger business by last-quarter revenue ($846.8M vs $778.9M, roughly 1.1× ENERGIZER HOLDINGS, INC.). Trade Desk (The) runs the higher net margin — 22.1% vs 1.3%, a 20.8% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (14.3% vs -3.0%). ENERGIZER HOLDINGS, INC. produced more free cash flow last quarter ($2.0B vs $285.3M). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (31.3% CAGR vs 5.4%).
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 Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
ENR vs TTD — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $778.9M | $846.8M |
| Net Profit | $10.1M | $186.9M |
| Gross Margin | 33.2% | 80.7% |
| Operating Margin | — | 30.3% |
| Net Margin | 1.3% | 22.1% |
| Revenue YoY | -3.0% | 14.3% |
| Net Profit YoY | -64.3% | 2.6% |
| EPS (diluted) | $0.15 | $0.39 |
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 | $778.9M | — | ||
| Q4 25 | $778.9M | $846.8M | ||
| Q3 25 | $832.8M | $739.4M | ||
| Q2 25 | $725.3M | $694.0M | ||
| Q1 25 | $662.9M | $616.0M | ||
| Q4 24 | $731.7M | $741.0M | ||
| Q3 24 | $805.7M | $628.0M | ||
| Q2 24 | $701.4M | $584.5M |
| Q1 26 | $10.1M | — | ||
| Q4 25 | $-3.4M | $186.9M | ||
| Q3 25 | $34.9M | $115.5M | ||
| Q2 25 | $153.5M | $90.1M | ||
| Q1 25 | $28.3M | $50.7M | ||
| Q4 24 | $22.3M | $182.2M | ||
| Q3 24 | $47.6M | $94.2M | ||
| Q2 24 | $-43.8M | $85.0M |
| Q1 26 | 33.2% | — | ||
| Q4 25 | 32.9% | 80.7% | ||
| Q3 25 | 36.6% | 78.1% | ||
| Q2 25 | 55.1% | 78.2% | ||
| Q1 25 | 39.1% | 76.8% | ||
| Q4 24 | 36.8% | 81.7% | ||
| Q3 24 | 38.1% | 80.5% | ||
| Q2 24 | 39.5% | 81.1% |
| Q1 26 | — | — | ||
| Q4 25 | -0.6% | 30.3% | ||
| Q3 25 | 6.4% | 21.8% | ||
| Q2 25 | 22.6% | 16.8% | ||
| Q1 25 | 5.5% | 8.8% | ||
| Q4 24 | 4.1% | 26.4% | ||
| Q3 24 | 7.4% | 17.3% | ||
| Q2 24 | -8.2% | 16.2% |
| Q1 26 | 1.3% | — | ||
| Q4 25 | -0.4% | 22.1% | ||
| Q3 25 | 4.2% | 15.6% | ||
| Q2 25 | 21.2% | 13.0% | ||
| Q1 25 | 4.3% | 8.2% | ||
| Q4 24 | 3.0% | 24.6% | ||
| Q3 24 | 5.9% | 15.0% | ||
| Q2 24 | -6.2% | 14.5% |
| Q1 26 | $0.15 | — | ||
| Q4 25 | — | $0.39 | ||
| Q3 25 | — | $0.23 | ||
| Q2 25 | — | $0.18 | ||
| Q1 25 | — | $0.10 | ||
| Q4 24 | — | $0.36 | ||
| Q3 24 | — | $0.19 | ||
| Q2 24 | — | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $172.5M | $1.3B |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $173.2M | $2.5B |
| Total Assets | $4.4B | $6.2B |
| Debt / EquityLower = less leverage | 19.13× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $172.5M | — | ||
| Q4 25 | $214.8M | $1.3B | ||
| Q3 25 | $236.2M | $1.4B | ||
| Q2 25 | $171.1M | $1.7B | ||
| Q1 25 | $139.3M | $1.7B | ||
| Q4 24 | $195.9M | $1.9B | ||
| Q3 24 | $216.9M | $1.7B | ||
| Q2 24 | $146.7M | $1.5B |
| Q1 26 | $3.3B | — | ||
| 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 | $173.2M | — | ||
| Q4 25 | $141.3M | $2.5B | ||
| Q3 25 | $169.9M | $2.6B | ||
| Q2 25 | $183.2M | $2.7B | ||
| Q1 25 | $133.9M | $2.7B | ||
| Q4 24 | $140.6M | $2.9B | ||
| Q3 24 | $135.8M | $2.6B | ||
| Q2 24 | $123.4M | $2.4B |
| Q1 26 | $4.4B | — | ||
| Q4 25 | $4.4B | $6.2B | ||
| Q3 25 | $4.6B | $5.9B | ||
| Q2 25 | $4.5B | $6.0B | ||
| Q1 25 | $4.2B | $5.7B | ||
| Q4 24 | $4.2B | $6.1B | ||
| Q3 24 | $4.3B | $5.5B | ||
| Q2 24 | $4.2B | $5.2B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $311.6M |
| Free Cash FlowOCF − Capex | $2.0B | $285.3M |
| FCF MarginFCF / Revenue | 260.1% | 33.7% |
| Capex IntensityCapex / Revenue | 5.5% | 3.1% |
| Cash ConversionOCF / Net Profit | — | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | $2.2B | $795.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $149.5M | $311.6M | ||
| Q3 25 | $61.5M | $224.7M | ||
| Q2 25 | $21.4M | $165.0M | ||
| Q1 25 | $-12.8M | $291.4M | ||
| Q4 24 | $77.0M | $199.4M | ||
| Q3 24 | $168.9M | $273.3M | ||
| Q2 24 | $45.8M | $81.3M |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $124.2M | $285.3M | ||
| Q3 25 | $46.7M | $158.3M | ||
| Q2 25 | $7.9M | $119.8M | ||
| Q1 25 | $-33.8M | $232.3M | ||
| Q4 24 | $42.4M | $179.2M | ||
| Q3 24 | $141.5M | $224.6M | ||
| Q2 24 | $27.3M | $59.1M |
| Q1 26 | 260.1% | — | ||
| Q4 25 | 15.9% | 33.7% | ||
| Q3 25 | 5.6% | 21.4% | ||
| Q2 25 | 1.1% | 17.3% | ||
| Q1 25 | -5.1% | 37.7% | ||
| Q4 24 | 5.8% | 24.2% | ||
| Q3 24 | 17.6% | 35.8% | ||
| Q2 24 | 3.9% | 10.1% |
| Q1 26 | 5.5% | — | ||
| Q4 25 | 3.2% | 3.1% | ||
| Q3 25 | 1.8% | 9.0% | ||
| Q2 25 | 1.9% | 6.5% | ||
| Q1 25 | 3.2% | 9.6% | ||
| Q4 24 | 4.7% | 2.7% | ||
| Q3 24 | 3.4% | 7.8% | ||
| Q2 24 | 2.6% | 3.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.67× | ||
| Q3 25 | 1.76× | 1.94× | ||
| Q2 25 | 0.14× | 1.83× | ||
| Q1 25 | -0.45× | 5.75× | ||
| Q4 24 | 3.45× | 1.09× | ||
| Q3 24 | 3.55× | 2.90× | ||
| Q2 24 | — | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ENR
Segment breakdown not available.
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
