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Side-by-side financial comparison of EnerSys (ENS) and Lineage, Inc. (LINE). Click either name above to swap in a different company.

Lineage, Inc. is the larger business by last-quarter revenue ($1.4B vs $919.1M, roughly 1.5× EnerSys). EnerSys runs the higher net margin — 9.8% vs -7.3%, a 17.1% gap on every dollar of revenue. On growth, Lineage, Inc. posted the faster year-over-year revenue change (3.1% vs 1.4%). EnerSys produced more free cash flow last quarter ($171.3M vs $35.0M).

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.

Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.

ENS vs LINE — Head-to-Head

Bigger by revenue
LINE
LINE
1.5× larger
LINE
$1.4B
$919.1M
ENS
Growing faster (revenue YoY)
LINE
LINE
+1.7% gap
LINE
3.1%
1.4%
ENS
Higher net margin
ENS
ENS
17.1% more per $
ENS
9.8%
-7.3%
LINE
More free cash flow
ENS
ENS
$136.3M more FCF
ENS
$171.3M
$35.0M
LINE

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
ENS
ENS
LINE
LINE
Revenue
$919.1M
$1.4B
Net Profit
$90.4M
$-100.0M
Gross Margin
30.1%
32.3%
Operating Margin
13.5%
2.5%
Net Margin
9.8%
-7.3%
Revenue YoY
1.4%
3.1%
Net Profit YoY
-21.3%
79.4%
EPS (diluted)
$2.40
$-0.44

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
LINE
LINE
Q4 25
$919.1M
Q3 25
$951.3M
$1.4B
Q2 25
$893.0M
$1.4B
Q1 25
$974.8M
$1.3B
Q4 24
$906.2M
$1.3B
Q3 24
$883.7M
$1.3B
Q2 24
$852.9M
$1.3B
Q1 24
$910.7M
$1.3B
Net Profit
ENS
ENS
LINE
LINE
Q4 25
$90.4M
Q3 25
$68.4M
$-100.0M
Q2 25
$57.5M
$-6.0M
Q1 25
$96.5M
$0
Q4 24
$114.8M
$-71.0M
Q3 24
$82.3M
$-485.0M
Q2 24
$70.1M
$-68.0M
Q1 24
$60.9M
$-40.0M
Gross Margin
ENS
ENS
LINE
LINE
Q4 25
30.1%
Q3 25
29.1%
32.3%
Q2 25
28.4%
31.9%
Q1 25
31.2%
32.2%
Q4 24
32.9%
32.3%
Q3 24
28.5%
32.8%
Q2 24
27.9%
33.4%
Q1 24
27.9%
33.4%
Operating Margin
ENS
ENS
LINE
LINE
Q4 25
13.5%
Q3 25
9.7%
2.5%
Q2 25
9.7%
1.7%
Q1 25
13.5%
4.3%
Q4 24
15.7%
-1.6%
Q3 24
11.2%
-38.6%
Q2 24
10.7%
5.5%
Q1 24
8.9%
7.6%
Net Margin
ENS
ENS
LINE
LINE
Q4 25
9.8%
Q3 25
7.2%
-7.3%
Q2 25
6.4%
-0.4%
Q1 25
9.9%
Q4 24
12.7%
-5.3%
Q3 24
9.3%
-36.3%
Q2 24
8.2%
-5.1%
Q1 24
6.7%
-3.0%
EPS (diluted)
ENS
ENS
LINE
LINE
Q4 25
$2.40
Q3 25
$1.80
$-0.44
Q2 25
$1.46
$-0.03
Q1 25
$2.39
$0.01
Q4 24
$2.88
$-0.52
Q3 24
$2.01
$-2.44
Q2 24
$1.71
$-0.46
Q1 24
$1.48
$-0.28

Balance Sheet & Financial Strength

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

Metric
ENS
ENS
LINE
LINE
Cash + ST InvestmentsLiquidity on hand
$450.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
$8.4B
Total Assets
$4.0B
$19.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENS
ENS
LINE
LINE
Q4 25
$450.1M
Q3 25
$388.6M
Q2 25
$346.7M
Q1 25
$343.1M
Q4 24
$463.2M
$173.0M
Q3 24
$407.9M
$409.0M
Q2 24
$344.1M
$73.0M
Q1 24
$333.3M
Total Debt
ENS
ENS
LINE
LINE
Q4 25
Q3 25
Q2 25
Q1 25
$1.1B
Q4 24
Q3 24
Q2 24
Q1 24
$802.0M
Stockholders' Equity
ENS
ENS
LINE
LINE
Q4 25
$1.9B
Q3 25
$1.9B
$8.4B
Q2 25
$1.9B
$8.6B
Q1 25
$1.9B
$8.6B
Q4 24
$1.8B
$8.6B
Q3 24
$1.8B
$9.0B
Q2 24
$1.8B
$4.9B
Q1 24
$1.8B
$5.6B
Total Assets
ENS
ENS
LINE
LINE
Q4 25
$4.0B
Q3 25
$4.1B
$19.2B
Q2 25
$4.1B
$19.4B
Q1 25
$4.0B
$18.8B
Q4 24
$4.0B
$18.7B
Q3 24
$4.0B
$19.3B
Q2 24
$3.6B
$18.8B
Q1 24
$3.5B
Debt / Equity
ENS
ENS
LINE
LINE
Q4 25
Q3 25
Q2 25
Q1 25
0.57×
Q4 24
Q3 24
Q2 24
Q1 24
0.46×

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
LINE
LINE
Operating Cash FlowLast quarter
$184.6M
$230.0M
Free Cash FlowOCF − Capex
$171.3M
$35.0M
FCF MarginFCF / Revenue
18.6%
2.5%
Capex IntensityCapex / Revenue
1.4%
14.2%
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
LINE
LINE
Q4 25
$184.6M
Q3 25
$218.0M
$230.0M
Q2 25
$968.0K
$258.0M
Q1 25
$135.2M
$139.0M
Q4 24
$81.1M
Q3 24
$33.6M
$186.0M
Q2 24
$10.4M
$155.0M
Q1 24
$105.0M
Free Cash Flow
ENS
ENS
LINE
LINE
Q4 25
$171.3M
Q3 25
$197.1M
$35.0M
Q2 25
$-32.1M
$95.0M
Q1 25
$104.9M
$-12.0M
Q4 24
$56.8M
Q3 24
$3.3M
$33.0M
Q2 24
$-25.7M
$-31.0M
Q1 24
$-42.0M
FCF Margin
ENS
ENS
LINE
LINE
Q4 25
18.6%
Q3 25
20.7%
2.5%
Q2 25
-3.6%
7.0%
Q1 25
10.8%
-0.9%
Q4 24
6.3%
Q3 24
0.4%
2.5%
Q2 24
-3.0%
-2.3%
Q1 24
-3.2%
Capex Intensity
ENS
ENS
LINE
LINE
Q4 25
1.4%
Q3 25
2.2%
14.2%
Q2 25
3.7%
12.1%
Q1 25
3.1%
11.7%
Q4 24
2.7%
Q3 24
3.4%
11.5%
Q2 24
4.2%
13.9%
Q1 24
11.1%
Cash Conversion
ENS
ENS
LINE
LINE
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×
Q1 24

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%

LINE
LINE

Warehousing Operations$883.0M64%
Other$308.0M22%
Warehouse Lease$60.0M4%
Food Sales$52.0M4%
E Commerce And Other$46.0M3%
Railcar Lease$23.0M2%
Service Other$5.0M0%

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