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Side-by-side financial comparison of EnerSys (ENS) and FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG). Click either name above to swap in a different company.

EnerSys is the larger business by last-quarter revenue ($919.1M vs $498.0M, roughly 1.8× FLAGSTAR BANK, NATIONAL ASSOCIATION). EnerSys runs the higher net margin — 9.8% vs 4.2%, a 5.6% gap on every dollar of revenue. On growth, FLAGSTAR BANK, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (1.6% vs 1.4%). Over the past eight quarters, EnerSys's revenue compounded faster (0.5% CAGR vs -10.7%).

EnerSys is a stored energy systems and technology provider for industrial applications. The company manufactures reserve-power and motive-power batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosures.

Flagstar Bank was an American commercial bank headquartered in Troy, Michigan. The bank was founded in 1987 and operated as a consumer and commercial bank, mortgage lender, and offered financial services. Flagstar Bancorp, Inc. was acquired by New York Community Bancorp, Inc. on December 1, 2022. New York Community Bancorp subsequently rebranded all of its branches under the Flagstar name and changed its name to Flagstar Financial in 2024. In a corporate restructuring in 2025 Flagstar Financi...

ENS vs FLG — Head-to-Head

Bigger by revenue
ENS
ENS
1.8× larger
ENS
$919.1M
$498.0M
FLG
Growing faster (revenue YoY)
FLG
FLG
+0.2% gap
FLG
1.6%
1.4%
ENS
Higher net margin
ENS
ENS
5.6% more per $
ENS
9.8%
4.2%
FLG
Faster 2-yr revenue CAGR
ENS
ENS
Annualised
ENS
0.5%
-10.7%
FLG

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
ENS
ENS
FLG
FLG
Revenue
$919.1M
$498.0M
Net Profit
$90.4M
$21.0M
Gross Margin
30.1%
Operating Margin
13.5%
Net Margin
9.8%
4.2%
Revenue YoY
1.4%
1.6%
Net Profit YoY
-21.3%
-27.6%
EPS (diluted)
$2.40
$0.03

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
ENS
ENS
FLG
FLG
Q1 26
$498.0M
Q4 25
$919.1M
$2.1B
Q3 25
$951.3M
$425.0M
Q2 25
$893.0M
$419.0M
Q1 25
$974.8M
Q4 24
$906.2M
$461.0M
Q3 24
$883.7M
$510.0M
Q2 24
$852.9M
$557.0M
Net Profit
ENS
ENS
FLG
FLG
Q1 26
$21.0M
Q4 25
$90.4M
$29.0M
Q3 25
$68.4M
$-36.0M
Q2 25
$57.5M
$-70.0M
Q1 25
$96.5M
Q4 24
$114.8M
$-188.0M
Q3 24
$82.3M
$-280.0M
Q2 24
$70.1M
$-323.0M
Gross Margin
ENS
ENS
FLG
FLG
Q1 26
Q4 25
30.1%
Q3 25
29.1%
Q2 25
28.4%
Q1 25
31.2%
Q4 24
32.9%
Q3 24
28.5%
Q2 24
27.9%
Operating Margin
ENS
ENS
FLG
FLG
Q1 26
Q4 25
13.5%
Q3 25
9.7%
-9.6%
Q2 25
9.7%
-19.3%
Q1 25
13.5%
Q4 24
15.7%
-51.6%
Q3 24
11.2%
-65.7%
Q2 24
10.7%
-76.1%
Net Margin
ENS
ENS
FLG
FLG
Q1 26
4.2%
Q4 25
9.8%
1.4%
Q3 25
7.2%
-8.5%
Q2 25
6.4%
-16.7%
Q1 25
9.9%
Q4 24
12.7%
-40.8%
Q3 24
9.3%
-54.9%
Q2 24
8.2%
-58.0%
EPS (diluted)
ENS
ENS
FLG
FLG
Q1 26
$0.03
Q4 25
$2.40
$0.05
Q3 25
$1.80
$-0.11
Q2 25
$1.46
$-0.19
Q1 25
$2.39
Q4 24
$2.88
$-1.11
Q3 24
$2.01
$-0.79
Q2 24
$1.71
$-1.14

Balance Sheet & Financial Strength

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

Metric
ENS
ENS
FLG
FLG
Cash + ST InvestmentsLiquidity on hand
$450.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$8.1B
Total Assets
$4.0B
$87.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENS
ENS
FLG
FLG
Q1 26
Q4 25
$450.1M
Q3 25
$388.6M
$23.6B
Q2 25
$346.7M
$22.9B
Q1 25
$343.1M
Q4 24
$463.2M
$25.8B
Q3 24
$407.9M
$33.6B
Q2 24
$344.1M
$29.5B
Total Debt
ENS
ENS
FLG
FLG
Q1 26
Q4 25
Q3 25
$13.2B
Q2 25
$13.2B
Q1 25
$1.1B
Q4 24
$14.4B
Q3 24
$20.3B
Q2 24
$28.9B
Stockholders' Equity
ENS
ENS
FLG
FLG
Q1 26
$8.1B
Q4 25
$1.9B
$8.1M
Q3 25
$1.9B
$8.1B
Q2 25
$1.9B
$8.1B
Q1 25
$1.9B
Q4 24
$1.8B
$8.2B
Q3 24
$1.8B
$8.6B
Q2 24
$1.8B
$8.4B
Total Assets
ENS
ENS
FLG
FLG
Q1 26
$87.1B
Q4 25
$4.0B
$87.5M
Q3 25
$4.1B
$91.7B
Q2 25
$4.1B
$92.2B
Q1 25
$4.0B
Q4 24
$4.0B
$100.2B
Q3 24
$4.0B
$114.4B
Q2 24
$3.6B
$119.1B
Debt / Equity
ENS
ENS
FLG
FLG
Q1 26
Q4 25
Q3 25
1.63×
Q2 25
1.63×
Q1 25
0.57×
Q4 24
1.77×
Q3 24
2.37×
Q2 24
3.44×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ENS
ENS
FLG
FLG
Operating Cash FlowLast quarter
$184.6M
Free Cash FlowOCF − Capex
$171.3M
FCF MarginFCF / Revenue
18.6%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
2.04×
TTM Free Cash FlowTrailing 4 quarters
$441.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENS
ENS
FLG
FLG
Q1 26
Q4 25
$184.6M
Q3 25
$218.0M
$243.0M
Q2 25
$968.0K
Q1 25
$135.2M
Q4 24
$81.1M
$623.0M
Q3 24
$33.6M
$-1.0B
Q2 24
$10.4M
$796.0M
Free Cash Flow
ENS
ENS
FLG
FLG
Q1 26
Q4 25
$171.3M
Q3 25
$197.1M
Q2 25
$-32.1M
Q1 25
$104.9M
Q4 24
$56.8M
Q3 24
$3.3M
Q2 24
$-25.7M
FCF Margin
ENS
ENS
FLG
FLG
Q1 26
Q4 25
18.6%
Q3 25
20.7%
Q2 25
-3.6%
Q1 25
10.8%
Q4 24
6.3%
Q3 24
0.4%
Q2 24
-3.0%
Capex Intensity
ENS
ENS
FLG
FLG
Q1 26
Q4 25
1.4%
Q3 25
2.2%
Q2 25
3.7%
Q1 25
3.1%
Q4 24
2.7%
Q3 24
3.4%
Q2 24
4.2%
Cash Conversion
ENS
ENS
FLG
FLG
Q1 26
Q4 25
2.04×
Q3 25
3.19×
Q2 25
0.02×
Q1 25
1.40×
Q4 24
0.71×
Q3 24
0.41×
Q2 24
0.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ENS
ENS

Energy Systems$399.5M43%
Motive Power$352.0M38%
Services$92.6M10%
Transferred Over Time$38.2M4%
Other$36.8M4%

FLG
FLG

Segment breakdown not available.

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