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Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and Tyler Technologies (TYL). Click either name above to swap in a different company.

ENERGIZER HOLDINGS, INC. is the larger business by last-quarter revenue ($778.9M vs $613.5M, roughly 1.3× Tyler Technologies). Tyler Technologies runs the higher net margin — 13.2% vs -0.4%, a 13.7% gap on every dollar of revenue. On growth, Tyler Technologies posted the faster year-over-year revenue change (8.6% vs 6.5%). ENERGIZER HOLDINGS, INC. produced more free cash flow last quarter ($124.2M vs $2.0M). Over the past eight quarters, ENERGIZER HOLDINGS, INC.'s revenue compounded faster (8.4% CAGR vs 6.5%).

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.

Tyler Technologies, Inc. is an American technology company based in Plano, Texas, that provides proprietary software to the U.S. public sector. Tyler Technologies has offices in 17 states and one in Toronto, Ontario, Canada.

ENR vs TYL — Head-to-Head

Bigger by revenue
ENR
ENR
1.3× larger
ENR
$778.9M
$613.5M
TYL
Growing faster (revenue YoY)
TYL
TYL
+2.1% gap
TYL
8.6%
6.5%
ENR
Higher net margin
TYL
TYL
13.7% more per $
TYL
13.2%
-0.4%
ENR
More free cash flow
ENR
ENR
$122.2M more FCF
ENR
$124.2M
$2.0M
TYL
Faster 2-yr revenue CAGR
ENR
ENR
Annualised
ENR
8.4%
6.5%
TYL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ENR
ENR
TYL
TYL
Revenue
$778.9M
$613.5M
Net Profit
$-3.4M
$81.2M
Gross Margin
32.9%
48.3%
Operating Margin
-0.6%
16.3%
Net Margin
-0.4%
13.2%
Revenue YoY
6.5%
8.6%
Net Profit YoY
-115.2%
EPS (diluted)
$1.88

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
TYL
TYL
Q1 26
$613.5M
Q4 25
$778.9M
$575.2M
Q3 25
$832.8M
$595.9M
Q2 25
$725.3M
$596.1M
Q1 25
$662.9M
$565.2M
Q4 24
$731.7M
$541.1M
Q3 24
$805.7M
$543.3M
Q2 24
$701.4M
$541.0M
Net Profit
ENR
ENR
TYL
TYL
Q1 26
$81.2M
Q4 25
$-3.4M
$65.5M
Q3 25
$34.9M
$84.4M
Q2 25
$153.5M
$84.6M
Q1 25
$28.3M
$81.1M
Q4 24
$22.3M
$65.2M
Q3 24
$47.6M
$75.9M
Q2 24
$-43.8M
$67.7M
Gross Margin
ENR
ENR
TYL
TYL
Q1 26
48.3%
Q4 25
32.9%
45.5%
Q3 25
36.6%
47.2%
Q2 25
55.1%
45.8%
Q1 25
39.1%
47.3%
Q4 24
36.8%
43.8%
Q3 24
38.1%
43.7%
Q2 24
39.5%
44.0%
Operating Margin
ENR
ENR
TYL
TYL
Q1 26
16.3%
Q4 25
-0.6%
13.0%
Q3 25
6.4%
16.4%
Q2 25
22.6%
16.0%
Q1 25
5.5%
15.8%
Q4 24
4.1%
13.2%
Q3 24
7.4%
15.2%
Q2 24
-8.2%
14.4%
Net Margin
ENR
ENR
TYL
TYL
Q1 26
13.2%
Q4 25
-0.4%
11.4%
Q3 25
4.2%
14.2%
Q2 25
21.2%
14.2%
Q1 25
4.3%
14.3%
Q4 24
3.0%
12.1%
Q3 24
5.9%
14.0%
Q2 24
-6.2%
12.5%
EPS (diluted)
ENR
ENR
TYL
TYL
Q1 26
$1.88
Q4 25
$1.50
Q3 25
$1.93
Q2 25
$1.93
Q1 25
$1.84
Q4 24
$1.48
Q3 24
$1.74
Q2 24
$1.57

Balance Sheet & Financial Strength

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

Metric
ENR
ENR
TYL
TYL
Cash + ST InvestmentsLiquidity on hand
$214.8M
$346.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$141.3M
$3.6B
Total Assets
$4.4B
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENR
ENR
TYL
TYL
Q1 26
$346.4M
Q4 25
$214.8M
$1.1B
Q3 25
$236.2M
$950.8M
Q2 25
$171.1M
$892.3M
Q1 25
$139.3M
$807.4M
Q4 24
$195.9M
$768.0M
Q3 24
$216.9M
$544.3M
Q2 24
$146.7M
$258.0M
Total Debt
ENR
ENR
TYL
TYL
Q1 26
Q4 25
$599.7M
Q3 25
$3.4B
$599.2M
Q2 25
$3.2B
$598.8M
Q1 25
$3.2B
$598.4M
Q4 24
$3.1B
$597.9M
Q3 24
$3.2B
$597.5M
Q2 24
$3.2B
$597.1M
Stockholders' Equity
ENR
ENR
TYL
TYL
Q1 26
$3.6B
Q4 25
$141.3M
$3.7B
Q3 25
$169.9M
$3.6B
Q2 25
$183.2M
$3.6B
Q1 25
$133.9M
$3.5B
Q4 24
$140.6M
$3.4B
Q3 24
$135.8M
$3.3B
Q2 24
$123.4M
$3.1B
Total Assets
ENR
ENR
TYL
TYL
Q1 26
$4.8B
Q4 25
$4.4B
$5.6B
Q3 25
$4.6B
$5.5B
Q2 25
$4.5B
$5.4B
Q1 25
$4.2B
$5.2B
Q4 24
$4.2B
$5.2B
Q3 24
$4.3B
$5.0B
Q2 24
$4.2B
$4.8B
Debt / Equity
ENR
ENR
TYL
TYL
Q1 26
Q4 25
0.16×
Q3 25
20.28×
0.17×
Q2 25
17.57×
0.16×
Q1 25
23.56×
0.17×
Q4 24
22.17×
0.18×
Q3 24
23.51×
0.18×
Q2 24
26.04×
0.19×

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
TYL
TYL
Operating Cash FlowLast quarter
$149.5M
$107.3M
Free Cash FlowOCF − Capex
$124.2M
$2.0M
FCF MarginFCF / Revenue
15.9%
0.3%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
1.32×
TTM Free Cash FlowTrailing 4 quarters
$145.0M
$585.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENR
ENR
TYL
TYL
Q1 26
$107.3M
Q4 25
$149.5M
$243.9M
Q3 25
$61.5M
$255.2M
Q2 25
$21.4M
$98.3M
Q1 25
$-12.8M
$56.2M
Q4 24
$77.0M
$224.8M
Q3 24
$168.9M
$263.7M
Q2 24
$45.8M
$64.3M
Free Cash Flow
ENR
ENR
TYL
TYL
Q1 26
$2.0M
Q4 25
$124.2M
$239.6M
Q3 25
$46.7M
$251.3M
Q2 25
$7.9M
$92.8M
Q1 25
$-33.8M
$53.8M
Q4 24
$42.4M
$221.0M
Q3 24
$141.5M
$260.8M
Q2 24
$27.3M
$57.7M
FCF Margin
ENR
ENR
TYL
TYL
Q1 26
0.3%
Q4 25
15.9%
41.7%
Q3 25
5.6%
42.2%
Q2 25
1.1%
15.6%
Q1 25
-5.1%
9.5%
Q4 24
5.8%
40.8%
Q3 24
17.6%
48.0%
Q2 24
3.9%
10.7%
Capex Intensity
ENR
ENR
TYL
TYL
Q1 26
Q4 25
3.2%
0.8%
Q3 25
1.8%
0.7%
Q2 25
1.9%
0.9%
Q1 25
3.2%
0.4%
Q4 24
4.7%
0.7%
Q3 24
3.4%
0.5%
Q2 24
2.6%
1.2%
Cash Conversion
ENR
ENR
TYL
TYL
Q1 26
1.32×
Q4 25
3.72×
Q3 25
1.76×
3.02×
Q2 25
0.14×
1.16×
Q1 25
-0.45×
0.69×
Q4 24
3.45×
3.45×
Q3 24
3.55×
3.47×
Q2 24
0.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ENR
ENR

Alkaline Batteries$666.5M86%
Auto Care$93.7M12%
Lights$18.7M2%

TYL
TYL

Subscriptions$429.7M70%
Maintenance$108.9M18%
Other$74.9M12%

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