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Side-by-side financial comparison of EnerSys (ENS) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.
EnerSys is the larger business by last-quarter revenue ($919.1M vs $891.0M, roughly 1.0× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 9.8%, a 19.7% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs 1.4%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $171.3M). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% CAGR vs 0.5%).
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.
Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.
ENS vs ZION — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $919.1M | $891.0M |
| Net Profit | $90.4M | $263.0M |
| Gross Margin | 30.1% | — |
| Operating Margin | 13.5% | — |
| Net Margin | 9.8% | 29.5% |
| Revenue YoY | 1.4% | 8.7% |
| Net Profit YoY | -21.3% | 21.8% |
| EPS (diluted) | $2.40 | $1.77 |
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 | $919.1M | $891.0M | ||
| Q3 25 | $951.3M | $861.0M | ||
| Q2 25 | $893.0M | $838.0M | ||
| Q1 25 | $974.8M | $795.0M | ||
| Q4 24 | $906.2M | $820.0M | ||
| Q3 24 | $883.7M | $792.0M | ||
| Q2 24 | $852.9M | $777.0M | ||
| Q1 24 | $910.7M | $742.0M |
| Q4 25 | $90.4M | $263.0M | ||
| Q3 25 | $68.4M | $222.0M | ||
| Q2 25 | $57.5M | $244.0M | ||
| Q1 25 | $96.5M | $170.0M | ||
| Q4 24 | $114.8M | $216.0M | ||
| Q3 24 | $82.3M | $214.0M | ||
| Q2 24 | $70.1M | $201.0M | ||
| Q1 24 | $60.9M | $153.0M |
| 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% | — | ||
| Q1 24 | 27.9% | — |
| Q4 25 | 13.5% | — | ||
| Q3 25 | 9.7% | — | ||
| Q2 25 | 9.7% | — | ||
| Q1 25 | 13.5% | — | ||
| Q4 24 | 15.7% | — | ||
| Q3 24 | 11.2% | — | ||
| Q2 24 | 10.7% | — | ||
| Q1 24 | 8.9% | — |
| Q4 25 | 9.8% | 29.5% | ||
| Q3 25 | 7.2% | 25.8% | ||
| Q2 25 | 6.4% | 29.1% | ||
| Q1 25 | 9.9% | 21.4% | ||
| Q4 24 | 12.7% | 26.3% | ||
| Q3 24 | 9.3% | 27.0% | ||
| Q2 24 | 8.2% | 25.9% | ||
| Q1 24 | 6.7% | 20.6% |
| Q4 25 | $2.40 | $1.77 | ||
| Q3 25 | $1.80 | $1.48 | ||
| Q2 25 | $1.46 | $1.63 | ||
| Q1 25 | $2.39 | $1.13 | ||
| Q4 24 | $2.88 | $1.34 | ||
| Q3 24 | $2.01 | $1.37 | ||
| Q2 24 | $1.71 | $1.28 | ||
| Q1 24 | $1.48 | $0.96 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $450.1M | — |
| Total DebtLower is stronger | — | $1.5B |
| Stockholders' EquityBook value | $1.9B | $7.2B |
| Total Assets | $4.0B | $89.0B |
| Debt / EquityLower = less leverage | — | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $450.1M | — | ||
| Q3 25 | $388.6M | — | ||
| Q2 25 | $346.7M | — | ||
| Q1 25 | $343.1M | — | ||
| Q4 24 | $463.2M | — | ||
| Q3 24 | $407.9M | — | ||
| Q2 24 | $344.1M | — | ||
| Q1 24 | $333.3M | — |
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $970.0M | ||
| Q1 25 | $1.1B | $964.0M | ||
| Q4 24 | — | $950.0M | ||
| Q3 24 | — | $548.0M | ||
| Q2 24 | — | $546.0M | ||
| Q1 24 | $802.0M | $544.0M |
| Q4 25 | $1.9B | $7.2B | ||
| Q3 25 | $1.9B | $6.9B | ||
| Q2 25 | $1.9B | $6.6B | ||
| Q1 25 | $1.9B | $6.3B | ||
| Q4 24 | $1.8B | $6.1B | ||
| Q3 24 | $1.8B | $6.4B | ||
| Q2 24 | $1.8B | $6.0B | ||
| Q1 24 | $1.8B | $5.8B |
| Q4 25 | $4.0B | $89.0B | ||
| Q3 25 | $4.1B | $88.5B | ||
| Q2 25 | $4.1B | $88.9B | ||
| Q1 25 | $4.0B | $88.0B | ||
| Q4 24 | $4.0B | $88.8B | ||
| Q3 24 | $4.0B | $87.0B | ||
| Q2 24 | $3.6B | $87.6B | ||
| Q1 24 | $3.5B | $87.1B |
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | 0.57× | 0.15× | ||
| Q4 24 | — | 0.16× | ||
| Q3 24 | — | 0.09× | ||
| Q2 24 | — | 0.09× | ||
| Q1 24 | 0.46× | 0.09× |
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 | $184.6M | $1.1B |
| Free Cash FlowOCF − Capex | $171.3M | $952.0M |
| FCF MarginFCF / Revenue | 18.6% | 106.8% |
| Capex IntensityCapex / Revenue | 1.4% | 13.6% |
| Cash ConversionOCF / Net Profit | 2.04× | 4.08× |
| TTM Free Cash FlowTrailing 4 quarters | $441.3M | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.6M | $1.1B | ||
| Q3 25 | $218.0M | $438.0M | ||
| Q2 25 | $968.0K | $-62.0M | ||
| Q1 25 | $135.2M | $179.0M | ||
| Q4 24 | $81.1M | $1.1B | ||
| Q3 24 | $33.6M | $119.0M | ||
| Q2 24 | $10.4M | $251.0M | ||
| Q1 24 | — | $261.0M |
| Q4 25 | $171.3M | $952.0M | ||
| Q3 25 | $197.1M | $413.0M | ||
| Q2 25 | $-32.1M | $-93.0M | ||
| Q1 25 | $104.9M | $152.0M | ||
| Q4 24 | $56.8M | $1.1B | ||
| Q3 24 | $3.3M | $97.0M | ||
| Q2 24 | $-25.7M | $234.0M | ||
| Q1 24 | — | $231.0M |
| Q4 25 | 18.6% | 106.8% | ||
| Q3 25 | 20.7% | 48.0% | ||
| Q2 25 | -3.6% | -11.1% | ||
| Q1 25 | 10.8% | 19.1% | ||
| Q4 24 | 6.3% | 128.2% | ||
| Q3 24 | 0.4% | 12.2% | ||
| Q2 24 | -3.0% | 30.1% | ||
| Q1 24 | — | 31.1% |
| Q4 25 | 1.4% | 13.6% | ||
| Q3 25 | 2.2% | 2.9% | ||
| Q2 25 | 3.7% | 3.7% | ||
| Q1 25 | 3.1% | 3.4% | ||
| Q4 24 | 2.7% | 11.8% | ||
| Q3 24 | 3.4% | 2.8% | ||
| Q2 24 | 4.2% | 2.2% | ||
| Q1 24 | — | 4.0% |
| Q4 25 | 2.04× | 4.08× | ||
| Q3 25 | 3.19× | 1.97× | ||
| Q2 25 | 0.02× | -0.25× | ||
| Q1 25 | 1.40× | 1.05× | ||
| Q4 24 | 0.71× | 5.31× | ||
| Q3 24 | 0.41× | 0.56× | ||
| Q2 24 | 0.15× | 1.25× | ||
| Q1 24 | — | 1.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ENS
| Energy Systems | $399.5M | 43% |
| Motive Power | $352.0M | 38% |
| Services | $92.6M | 10% |
| Transferred Over Time | $38.2M | 4% |
| Other | $36.8M | 4% |
ZION
Segment breakdown not available.