vs
Side-by-side financial comparison of ENERGIZER HOLDINGS, INC. (ENR) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
MARRIOTT VACATIONS WORLDWIDE Corp is the larger business by last-quarter revenue ($1.2B vs $778.9M, roughly 1.6× ENERGIZER HOLDINGS, INC.). ENERGIZER HOLDINGS, INC. runs the higher net margin — -0.4% vs -35.0%, a 34.6% gap on every dollar of revenue. On growth, ENERGIZER HOLDINGS, INC. posted the faster year-over-year revenue change (6.5% vs -0.7%). ENERGIZER HOLDINGS, INC. produced more free cash flow last quarter ($124.2M vs $-6.0M). Over the past eight quarters, ENERGIZER HOLDINGS, INC.'s revenue compounded faster (8.4% CAGR vs 5.2%).
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.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
ENR vs VAC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $778.9M | $1.2B |
| Net Profit | $-3.4M | $-431.0M |
| Gross Margin | 32.9% | — |
| Operating Margin | -0.6% | — |
| Net Margin | -0.4% | -35.0% |
| Revenue YoY | 6.5% | -0.7% |
| Net Profit YoY | -115.2% | -962.0% |
| EPS (diluted) | — | $-12.00 |
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.
| Q4 25 | $778.9M | $1.2B | ||
| Q3 25 | $832.8M | $1.2B | ||
| Q2 25 | $725.3M | $1.2B | ||
| Q1 25 | $662.9M | $1.1B | ||
| Q4 24 | $731.7M | $1.2B | ||
| Q3 24 | $805.7M | $1.2B | ||
| Q2 24 | $701.4M | $1.1B | ||
| Q1 24 | $663.3M | $1.1B |
| Q4 25 | $-3.4M | $-431.0M | ||
| Q3 25 | $34.9M | $-2.0M | ||
| Q2 25 | $153.5M | $69.0M | ||
| Q1 25 | $28.3M | $56.0M | ||
| Q4 24 | $22.3M | $50.0M | ||
| Q3 24 | $47.6M | $84.0M | ||
| Q2 24 | $-43.8M | $37.0M | ||
| Q1 24 | $32.4M | $47.0M |
| 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 24 | 38.2% | — |
| Q4 25 | -0.6% | — | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | 22.6% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 4.1% | — | ||
| Q3 24 | 7.4% | — | ||
| Q2 24 | -8.2% | — | ||
| Q1 24 | 6.4% | — |
| Q4 25 | -0.4% | -35.0% | ||
| Q3 25 | 4.2% | -0.2% | ||
| Q2 25 | 21.2% | 6.0% | ||
| Q1 25 | 4.3% | 5.0% | ||
| Q4 24 | 3.0% | 4.0% | ||
| Q3 24 | 5.9% | 6.9% | ||
| Q2 24 | -6.2% | 3.5% | ||
| Q1 24 | 4.9% | 4.2% |
| Q4 25 | — | $-12.00 | ||
| Q3 25 | — | $-0.07 | ||
| Q2 25 | — | $1.77 | ||
| Q1 25 | — | $1.46 | ||
| Q4 24 | — | $1.29 | ||
| Q3 24 | — | $2.12 | ||
| Q2 24 | — | $0.98 | ||
| Q1 24 | — | $1.22 |
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 | $406.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $141.3M | $2.0B |
| Total Assets | $4.4B | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $214.8M | $406.0M | ||
| Q3 25 | $236.2M | $474.0M | ||
| Q2 25 | $171.1M | $205.0M | ||
| Q1 25 | $139.3M | $196.0M | ||
| Q4 24 | $195.9M | $197.0M | ||
| Q3 24 | $216.9M | $197.0M | ||
| Q2 24 | $146.7M | $206.0M | ||
| Q1 24 | $158.1M | $237.0M |
| 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 24 | $3.2B | — |
| Q4 25 | $141.3M | $2.0B | ||
| Q3 25 | $169.9M | $2.5B | ||
| Q2 25 | $183.2M | $2.5B | ||
| Q1 25 | $133.9M | $2.4B | ||
| Q4 24 | $140.6M | $2.4B | ||
| Q3 24 | $135.8M | $2.4B | ||
| Q2 24 | $123.4M | $2.4B | ||
| Q1 24 | $191.3M | $2.4B |
| Q4 25 | $4.4B | $9.8B | ||
| Q3 25 | $4.6B | $10.1B | ||
| Q2 25 | $4.5B | $9.9B | ||
| Q1 25 | $4.2B | $9.9B | ||
| Q4 24 | $4.2B | $9.8B | ||
| Q3 24 | $4.3B | $9.7B | ||
| Q2 24 | $4.2B | $9.6B | ||
| Q1 24 | $4.3B | $9.9B |
| 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× | — | ||
| Q1 24 | 16.86× | — |
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 | $6.0M |
| Free Cash FlowOCF − Capex | $124.2M | $-6.0M |
| FCF MarginFCF / Revenue | 15.9% | -0.5% |
| Capex IntensityCapex / Revenue | 3.2% | 1.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $145.0M | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $149.5M | $6.0M | ||
| Q3 25 | $61.5M | $62.0M | ||
| Q2 25 | $21.4M | $-48.0M | ||
| Q1 25 | $-12.8M | $8.0M | ||
| Q4 24 | $77.0M | $100.0M | ||
| Q3 24 | $168.9M | $72.0M | ||
| Q2 24 | $45.8M | $30.0M | ||
| Q1 24 | $36.8M | $3.0M |
| Q4 25 | $124.2M | $-6.0M | ||
| Q3 25 | $46.7M | $51.0M | ||
| Q2 25 | $7.9M | $-68.0M | ||
| Q1 25 | $-33.8M | $-6.0M | ||
| Q4 24 | $42.4M | $86.0M | ||
| Q3 24 | $141.5M | $58.0M | ||
| Q2 24 | $27.3M | $17.0M | ||
| Q1 24 | $10.3M | $-13.0M |
| Q4 25 | 15.9% | -0.5% | ||
| Q3 25 | 5.6% | 4.3% | ||
| Q2 25 | 1.1% | -5.9% | ||
| Q1 25 | -5.1% | -0.5% | ||
| Q4 24 | 5.8% | 6.9% | ||
| Q3 24 | 17.6% | 4.8% | ||
| Q2 24 | 3.9% | 1.6% | ||
| Q1 24 | 1.6% | -1.2% |
| Q4 25 | 3.2% | 1.0% | ||
| Q3 25 | 1.8% | 0.9% | ||
| Q2 25 | 1.9% | 1.7% | ||
| Q1 25 | 3.2% | 1.3% | ||
| Q4 24 | 4.7% | 1.1% | ||
| Q3 24 | 3.4% | 1.1% | ||
| Q2 24 | 2.6% | 1.2% | ||
| Q1 24 | 4.0% | 1.4% |
| Q4 25 | — | — | ||
| Q3 25 | 1.76× | — | ||
| Q2 25 | 0.14× | -0.70× | ||
| Q1 25 | -0.45× | 0.14× | ||
| Q4 24 | 3.45× | 2.00× | ||
| Q3 24 | 3.55× | 0.86× | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | 1.14× | 0.06× |
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% |
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
